Sunday, December 15, 2019

Blue Sky Hospitality Solutions Adds Embassy Suites by Hilton Boca Raton and Hampton Inn & Suites Mahwah to Growing, Nationwide Hotel Portfolio



The 236-suite Embassy Suites by Hilton Boca Raton 

BOCA RATON, FL and MAHWAH, NJ — David Fincannon, chief operating officer, Blue Sky Hospitality (BSHS), one of the leading and fastest growing hotel owner/operators in the United States, announced the completion of two separate hotel transactions: the 236-suite Embassy Suites by Hilton Boca Raton in Fla., and the 111-room Hampton Inn & Suites Mahwah in N.J. 

The company plans to invest $10 million to upgrade both hotels.

David Fincannon
                “While both hotels enjoy enviable locations in markets with numerous demand generators, we believe the properties will experience a noticeable improvement to both guest scores and overall revenues following the multi-million dollar renovation plans,” said Naveen Shah, CEO, BSHS. 

 “With their respective proximities to beaches, airports, universities and thriving downtown areas, these hotels are ideal additions to our growing portfolio of owned and operated hotels nationwide.”

Embassy Suites by Hilton Boca Raton

                Conveniently located between Interstate 95 and Yamato Road at 661 NW 53rd Street, the seven-story Embassy Suites by Hilton Boca Raton is just minutes from West Palm beaches, Mizner Park and numerous dining, retail and business outlets. 

Naveen Shah
Hampton Inn & Suites Mahwah 

                Situated at 290 Route 17 Corporate Dr., the Hampton Inn & Suites Mahwah is proximate to Ramapo College and Paramus Park and a short drive to downtown NYC. 

Blue Sky Hospitality Solutions

Headquartered in Uniondale, N.Y., Blue Sky Hospitality is a trusted partner that provides development, management, asset management, renovation and consulting services.  

The company has the experience, talent and resources of a large company while providing the access to senior leadership, flexibility and focus of a small company. BSHS works with each of its owners to understand short- and long-term objectives, creating unique plans to deliver results that move the business onward and upward.

Contact: 

CHRIS DALY
PRESIDENT
DALY GRAY PUBLIC RELATIONS, INC.
620 Herndon Parkway, Suite 115 | Herndon, VA 20170
Main: 703-435-6293
Mobile: 703-864-5553


Hold-Thyssen Closes Long-Term Lease at Cooper Commerce Center in Apopka, FL as Online Clothing Retailer Expands in the Area


Troy Stevens
APOPKA, FL – Hold-Thyssen, Inc. a full service commercial real estate firm based in Winter Park , recently closed on a long-term lease agreement for 4,845 square feet of flex space at 535 Cooper Commerce Drive in the Cooper Commerce Center in Apopka.    
 Hold-Thyssen Associate Troy Stevens negotiated the transaction on behalf of the landlord. 

 Laced With Grace, an online clothing retailer expanding in the area leased Suite 330 at the facility and was represented by Michael Etchison of Millenia Partners V, LLC. 

Laced with Grace joins current tenants such as Area Wide Protective and Massey Services.   


Michael Etchison 
 Hold-Thyssen provides commercial property brokerage and leasing and management services to institutional and private investor clients nationwide. 


 The 40-year old firm’s current portfolio includes more that 100 commercial properties throughout the United States .

 CONTACTS:

 Anthony Fisher, Vice President, Hold-Thyssen Real Estate Services, 407-691-0505,

 Robert P. Hold, Principal, Hold-Thyssen, Inc.
407-691-0505, bhold@HoldThyssen.com

 Larry Vershel or Beth Payan, Larry Vershel Communications Inc.
 407-644-4142 Lvershelco@aol.com


Saturday, December 14, 2019

Arbor Funds $7.8 Million Fannie Mae DUS® Loan in Greensboro, NC


 Eugene Yanovskiy 

UNIONDALE, NY – Arbor Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial mortgage lender, recently funded a $7.8M Fannie Mae DUS® loan in Greensboro, NC. Arbor provided the financing for Chapel Walk, a 128-unit multifamily property.

 Eugene Yanovskiy of Arbor’s New York City office originated the loan.

Chapel Walk Apartments, Greensboro, NC
 “This acquisition loan is a perfect illustration of how Arbor is using its strong, long time partnership with Fannie Mae to offer clients a wide array of financing alternatives, in this case executing a Fannie Mae DUS® loan to meet our clients’ concerns and needs,” said Yanovskiy.

 Built in 2001, Chapel Walk is a two-story, garden style apartment complex in a quiet community. Unique features of this property include a gourmet coffee and tea bar for residents, open floor plans, high-speed internet access and a pet park. It’s also just a five-minute walk to downtown.

Contact:

 Bina Handa
Tel: 516.506.4229
bhanda@arbor.com

Arbor Funds $1.5 Million Fannie Mae Small Loan in Chicago, IL


 Jared Stein 
  
UNIONDALE, NY – Arbor Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial mortgage lender, recently funded a Fannie Mae Small Loan in Chicago, IL.

The property received $1.5M in financing through the program, with a 15-year fixed rate and 30-year amortization schedule. 

 Jared Stein of Arbor’s New York City office originated the loan.

The Muskegon and Colfax Apartments 
 “Through the Fannie Mae Small Loans program, our client was able to secure a long-term fixed rate loan to fund capital improvements that will enhance the quality of living for tenants,” Stein said. 

“This deal emphasizes Arbor’s commitment to finding innovative, customized solutions to support the goals of our financial partners.”

 The Muskegon and Colfax Apartments consist of three buildings totaling 44-units. Each features one- and two-bedroom apartments. 

They are in close proximity to the subway system, South Shore Cultural Center, retail shops and recreation. 

Contact:

 Bina Handa
Tel: 516.506.4229
bhanda@arbor.com

Arbor Funds $12 Million Bridge Loan in College Park, GA

  
Eric Regenbogen

UNIONDALE, NY – Arbor Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial mortgage lender, recently funded a $12M bridge loan in College Park, GA. Arbor provided three-year financing for the 240-unit multifamily property.

 Eric Regenbogen of Arbor’s Uniondale office originated the loan.


College Park, GA Apartments
 “Finding the right financial solutions for our business partners is something we take pride in,” Regenbogen said. “This loan allowed our client to leverage short-term financing, while ensuring a seamless transition to long-term financing.”

  Built in 1971, the three-story apartment complex was recently renovated. It features one-, two- and three-bedroom units with walk-in closets, carpeting and granite kitchen countertops.

The property has a clubhouse, swimming pool, tennis court and playground, as well as a business center. Shopping, dining, and the MARTA bus line are nearby.

Contact:

 Bina Handa
Tel: 516.506.4229
bhanda@arbor.com

Arbor Funds $1.7 Million Fannie Mae Small Loan in Bloomington, IN

                       
Matt Norman


UNIONDALE, NY – Arbor Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial mortgage lender, recently funded a Fannie Mae Small Loan in Bloomington, IN.
Beacon Hill Townhomes, Bloomington, IN
The deal received $1.7M in financing through the program, with a 10-year fixed rate, one-year of interest only payments, and a 30-year amortization schedule.

Matt Norman of Arbor’s Bloomington, Indiana, office originated the loan.
“When financing opportunities, and thus the acquisition window, looked slim due to parceling issues, Arbor stepped in and coordinated with Fannie Mae to structure a permanent loan, at an attractive rate that met the buyer’s return estimates,” Norman said.
 “The transaction also represented the first partnership between Arbor’s Central Indiana office and Alec Neesham of Marcus and Millichap Capital Corporation’s Indianapolis office.”

Chestnut Hill Apartments, Bloomington, IN
The Beacon Hill Townhomes and Chestnut Hill Apartments were built in 1993. The 15-unit complexes are conveniently located near downtown Bloomington and within close proximity of shopping, recreation and Indiana University at Bloomington.




Contact:

 Bina Handa
Tel: 516.506.4229

Friday, December 13, 2019

$10.5 Million Sale of 300 Acres Makes Way for DeBary’s First Traditional Design Community in Florida


Steve Costa


DeBary, FL. --- NAI Realvest / Charles Wayne Commercial recently closed on the $10.5 Million sale of just under 300 acres on Fort Florida and Barwick Roads in DeBary. 

 A new 700-unit community called Rivington is planned by the buyer Reader Communities of Orlando and Raleigh , N.C.

 Steve Costa, principal at NAI Realvest/Charles Wayne Commercial represented the seller, Empire Cattle, Ltd.,a third generation, family-owned ranching and citrus operator with land holdings in Putnam and Volusia Counties including development parcels in DeBary and Lake Helen .  

 Costa said this new home community will be unique to DeBary and is across the highway from The Junction, the 68-acre Charles Wayne mixed use development that includes Bungalow Homes and Apartments underway plus 104,000 square feet of retail space with a major grocery store.    

Jeff Reader
 Reader Communities is developing a residential community on the property with traditional elements such a walkability, shared green spaces and alleys to accommodate rear entry garages. 

 Homes will range from 1,500+ square foot townhomes to single-family homes which will top out around 3,000 square feet, according to Jeff Reader, vice president at Reader Communities. 

 The master planned community developer markets and sells developed homesites to national homebuilders. 

 Rivington will be developed in several phases of 100–200 lots at a time, and Reader expects homes will be priced from the low $200s to the high $300s.  

Aerial view of planned Rivington Community in DeBary, FL

 “This parcel is ideally situated for a new neighborhood development located just over the St. Johns River from the Lake Mary/Sanford employment centers via easy access to 17-92 and Interstate 4,” said Costa.

 Rivington is a walkable transit oriented development, immediately adjacent to DeBary’s  TOD and it is less than a quarter mile west of the DeBary SunRail station. The convenience to major arterial highways provides its residents with everything Orlando and Central Florida offers.  

 CONTACTS:

Steve Costa, Principal, NAI Realvest / Charles Wayne Commercial, 
386-804-7259 scosta@realvest.com  or

Ted Lightman, Principal, Charles Wayne Commercial 

Will Boyd, Yellow Duck Marketing

Patrick Mahoney, President/CEO, NAI Realvest,
407-875-9989 Pmahoney@realvest.com

 Beth Payan, Larry Vershel Communications Inc.
407-644-4142 or 461-3781 beth@LarryVershel.com 


Thursday, December 12, 2019

Hotel Transportation Gets a Royal Kickstart in Northern Thailand’s Jungle

  
Introduction of unique new hotel transportation – two Royal Enfield Classic 500 sidecars at the world-renowned Anantara Golden Triangle Elephant Camp & Resort in Northern Thailand


Bangkok, THAILAND  – Guests at the world-renowned Anantara Golden Triangle Elephant Camp & Resort in Northern Thailand are in for an exhilarating ride around the Kingdom’s ancient jungle, and beyond, with the introduction of unique new hotel transportation – two Royal Enfield Classic 500 sidecars. 

 Anantara Golden Triangle is the only hotel in Thailand that offers guests this unique transport.




 First produced in 1901, Royal Enfield is the oldest motorcycle brand in the world still in production and its old school, post-war design built around a reliable workhorse ensures passage through most terrains. 
 This mobility is ideal for guest transportation around Anantara Golden Triangle that unfolds across 650,000 square metres of Northern Thailand’s jungle. 




 The resort is perched on a hill overlooking the Mekong and Ruak rivers and offers majestic three country views over the confluence of Thailand, Laos and Myanmar, and grazing elephants in the most stunning of natural settings below. 

 Beyond the borders of the luxury resort and Asia’s premier elephant camp, guests can explore Thailand’s fabled Golden Triangle or take a drive to the mystical mountainous area of Doi Tung, the northernmost tip of Thailand, in the Royal Enfield sidecars.



 The motorcycle tour of the Golden Triangle explores the unique character and traditions of Thailand on its border with Myanmar and includes a guided visit to the Giant Golden Buddha in nearby Chiang Sean; sacred temples built in the eighth, twelfth and fourteenth centuries; a local market; and ancient Lanna experiences. 

 Doi Tung is the highest point of the Doi Nang Non mountain range along Thailand’s border with Myanmar and is unreachable by coach. 



Here explorers can visit Wat Phra That Doi Tung that dates to the tenth century and has a stupa that is reputed to contain Buddha's collarbone, as well as the Doi Tung Royal Villa that was the final residence of Thailand’s Royal Grandmother, the mother of the late His Majesty King Bhumibol Adulyadej the Great.

 Guests at Anantara Golden Triangle Elephant Camp & Resort can reserve the Royal Enfield sidecars with a driver for excursions outside the resort, starting from 3,000 Thai Baht per hour. 

The late His Majesty King Bhumibol Adulyadej the Great.

 For more information, please visit goldentriangle.anantara.com or contact the resort on +66 5378 4084 or goldentriangle@anantara.com.

 For more information on Anantara Hotels, Resorts & Spas, please visit www.anantara.com.

Follow us on Facebook: www.facebook.com/anantara; Twitter and Instagram: @anantara_hotels

 Anantara is part of the DISCOVERY loyalty program.

 CONTACT:

Hwee Peng Yeo 
  
杨慧萍
执行副总裁
博德纳公关咨询公司
Centennial Tower 21层,Temasek Avenue 3号, 新加坡邮区039190
上海湖滨路222号企业天地一号15层,中国邮编20021


JLL arranges $50 million financing for Pierside Apartments in Oceanside, CA


Olga Walsh


SAN DIEGO, CA, Dec. 12, 2019 – JLL announced it has arranged $50 million in financing for Pierside, a two-building, mixed-use property with 176 residential units and approximately 17,000 square feet of retail space in the coastal Southern California community of Oceanside.

JLL worked on behalf of the borrower to arrange the 10-year, fixed-rate loan with a life insurance company. Loan proceeds will be used to retire the existing construction loan, cover associated transaction costs, fund leasing costs for vacant retail space and return a portion of sponsor equity.

Pierside was constructed in two phases, Pierside North and Pierside South, that were completed in 2016 and 2018. Located in the heart of Oceanside along Mission Avenue, the property is steps from the Pacific Ocean and also less than one mile from Interstate 5. 

Pierside North consists of 66 residential units and common area amenities, including a spa pool; outdoor grilling and dining areas; outdoor lounge with fire pit and games; resident clubhouse with TV’s and shuffleboard; fitness studio; outdoor fitness space with yoga area; and dog park. 

Pierside North consists of 66 residential units and common area amenities, Oceanside, CA

Pierside South comprises 110 residential units and amenities, including a rooftop lounge with panoramic views; swimming pool overlooking the ocean; landscaped grilling and picnic areas; resident clubhouse with TV’s and pool table; vista lounge; movie lounge; fitness studio; yoga space; and surfboard storage. In addition, the properties have 421 parking spaces total, 264 of which are reserved for residents.


Pierside South comprises 110 residential units and amenities, including a rooftop lounge with panoramic views
The JLL Capital Markets team representing the borrower included Director Olga Walsh and Analyst Daniel Pinkus.

For more news, videos and research resources on JLL, please visit the firm’s U.S. media center Web page: U.S. newsroom.



 .

Contacts: 

Olga Walsh, JLL Director 
CA License: #02052171
Phone: +1 858 812 2371

 Olivia Hennessey, JLL Public Relations Specialist
Phone: +1 713 852 3403
Email: Olivia.Hennessey@am.jll.com

jll.com