Dream Finders Homes Now Selling in DeBary’s Rivington Community with Pre-Model Pricing

Dream Finders Homes' Anna Maria model priced from the high $200s at Rivington in DeBary, FL

 DEBARY, FL – Dream Finders Homes has made a half-a-dozen sales at pre-model pricing and started construction in Rivington, a traditional 296-acre master-planned community along the St. Johns River in DeBary.   

The Jacksonville-based national homebuilder is building 42 single-family homes from its Signature Series at Rivington on 50-foot lots, according to Gerry Boeneman, President of Dream Finders Homes’ Central Florida division.

Gerry Boeneman

 “Our six innovative one- and two-story plans at Rivington – with three and four-bedrooms and up to three-and-a-half baths – will give homebuyers between 1,856 and 2,843 square feet of living space,” he said.

Dream Finders Homes at Rivington are priced from the high $200s, Boeneman said, adding that the Anna Maria with Bonus model should be finished, decorated and open for viewing by early January.

Rivington – which features a resort-style pool, cabana, playground, clubhouse and numerous green spaces – sits along Konomac Lake and is adjacent to the St. Johns River just west of U.S. Highway 17-92. It offers easy access to Lake Mary and Sanford employment centers and is only one-quarter mile from the DeBary SunRail station.

For leisure activities, Rivington is a quick drive to Gemini Springs State Park , River City Nature Park and the Central Florida Zoo & Botanical Gardens.

          Aerial of Dream Finders Homes location, St.Johns County, FL

“I believe many prospective buyers will find both our homes and this community the answers to their home buying needs,” he said. “With the numerous designer upgrades in our Signature Series and the floor plan variety, as well as the beautiful location of Rivington, this should be the perfect place for many dream homes.”

For more information about homes at Rivington, please call 888-214-1164.

 CONTACTS:

Gerry Boeneman, division president, Dream Finders Homes,

888-214-1164 or Gerry.Boeneman@dreamfindershomes.com

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

 

Arbor Announces the Appointment of Malvina Iannone as EVP, General Counsel

 Malvina Iannone

 

UNIONDALE, NY, Dec/ 8, 2020 – Arbor Realty Trust, Inc. (NYSE:ABR) a real estate investment trust and national direct lender specializing in loan origination and servicing for multifamily, single-family rental (SFR) portfolios, seniors housing, healthcare, and other diverse commercial real estate assets, is pleased to announce the appointment of Malvina Iannone, Executive Vice President, General Counsel.

Ms. Iannone is responsible for all of Arbor’s corporate legal activities, including providing appropriate legal support on all corporate matters, M&A and related transactions, capital market activity, treasury functions, human resources, marketing, information technology, litigation and all other regulatory issues.

 John J. Bishar

She assumes the role from John Bishar, who will now serve as Senior Counsel for a transitional period of time, while continuing as Arbor’s Corporate Secretary for the Board of Directors.

“Malvina comes to Arbor with vast experience in governance and securities, commercial transactions, capital markets, regulatory matters, cybersecurity, privacy, employment law and litigation oversight,”  said Ivan Kaufman, founder, chairman and CEO of Arbor Realty Trust, Inc. “We look forward to the many contributions she is certain to make during her tenure at Arbor Realty Trust."

 Ivan Kaufman

 Prior to joining Arbor, Ms. Iannone most recently served as Executive Counsel, Global Legal Shares Services with General Electric Company (GE). Before that, she practiced M&A and securities law at White & Case, LLP.

 Ms. Iannone holds both a Juris Doctor and Bachelor of Arts in Political Science from New York University.

 CONTACT:

Bina Handa

Tel: 516.506.4229

bhanda@arbor.com

 

Arbor Realty Trust, Inc.

333 Earle Ovington Blvd, Suite 900

Uniondale, NY 11553

800.ARBOR.10

arbor.com

 

Heitman Achieves 5-Star Fund Ranking in 2020 Global Real Estate Sustainability Benchmark (GRESB) Real Estate Assessment

Laura Craft

  

 Chicago, IL – Heitman LLC (Heitman), a global real estate investment management firm,  announced that the Heitman North American Core Open-end Fund (Fund) has achieved a 5-star ranking in the 2020 Global Real Estate Sustainability Benchmark (GRESB) Real Estate Assessment.

 

In addition, the Fund maintains its status as the top rated fund within the benchmark’s global Resilience module.

Blaise P. Keane

 

“We are committed to ESG transparency and improved environmental performance within our portfolio, which is evidenced in our continuous improvement in the GRESB rankings,” said Blaise P. Keane, Heitman Executive Vice President and Senior Portfolio Manager for the Heitman North American Core Open-end Fund.

 

“As we move forward, we will look for ways to improve our ESG capabilities across the portfolio in order to continue to meet or exceed our clients’ real estate investment objectives.”

 

 "This year’s results take on special meaning for us as we recently announced our 2030 goal of global net zero carbon operations [within the firm’s private equity portfolio],” said Laura Craft, Heitman Senior Vice President and Head of Global ESG Strategy.

 

 “Benchmarking our global assets and improving our portfolio’s environmental footprint will allow us to achieve our goal of net zero carbon operations.”

 Dan Winters

 

“Heitman’s commitment to ESG improvement and performance is supported in both its annual submission of its ESG data, and its North American Core Open-Ended Fund’s significant progression up the rankings over the past several years,” said Dan Winters, Head of Americas at GRESB. “It’s leaders like Heitman that help raise the bar and move the industry forward.”  

 

 

CONTACT:

 Bailey Doyle

On Behalf of Heitman

Email: bailey.doyle@fleishman.com       

Phone: 815-582-9780

 GRESB.com. 

 

Orbis Real Estate Partners Closes Landmark Industrial Deals in Inland Empire Market

Barbara Perrier

 

 NEWPORT BEACH, CA, Dec. 8, 2020 — Orbis Real Estate Partners today announced the sale of two landmark industrial projects within its investment/development portfolio, representing a total of 88.5 acres and approximately $140 million of prime land in the Inland Empire. 

 

Bill Heim of Lee & Associates, along with Barbara Perrier, Eric Cox and Darla Longo of CBRE, represented Orbis Real Estate Partners in both transactions. 

Darla Longo 

 The larger transaction, The Homestead, comprises 47 acres which Orbis fully designed and entitled in Eastvale, one of the most supply-constrained submarkets in the Inland Empire’s sought-after western region.

 

The Orbis team leveraged its proven expertise, robust network and strong reputation to redevelop the existing dairy into a first-class logistics park 

Bill Heim

“The Homestead transaction represents one of the largest industrial land deals in the region ,” said Tom Money, founding partner of Orbis Real Estate Partners.

 

 “The market value of this disposition is a reflection of the value-enhancing entitlements secured by Orbis and the continuing appeal of this market for e-commerce logistics and distribution.” 

 

Dermody Properties, a Reno, Nevada-based developer of industrial real estate, purchased The Homestead and will develop the six Class-A industrial warehouse buildings (totaling 1.05 million square feet) that Orbis Real Estate Partners designed, entitled and delivered ready for construction. 

 

“This is an ideal location for the rapidly expanding e-commerce distribution and logistics sector, with strong regional transportation links and proximity to a large population base to fulfill critical last mile delivery requirements,” says Grant Ross, Orbis Real Estate Partners founding partner.

Eric Cox

“Orbis has developed and/or entitled more than 200 acres of land in the area over the past four years, and we design for what e-commerce companies need — not just today, but with an eye to the future.” 

 

Future tenants will benefit from Orbis Real Estate Partners’ forward-thinking design, which will include six brand-new Class-A buildings ranging in size from 48,315 square feet to 501,649 square feet and offer state-of-the-art features including:

 

Concrete tilt-up construction, 40’ minimum clearance heights on the larger buildings, large secured truck courts, ample parking with excess approved trailer stalls, and excellent dock-high and grade-level loading for each building.

 

In addition to the historic sale in Eastvale, the Orbis team also recently sold the Riverside Logistics Center in Riverside County, which encompasses 41.5 acres and 938,685 square feet of premium industrial real estate.

Grant Ross

Strategically located in a hotspot for Fortune 500 tenants and institutional investors, the Center has direct access to I-215 and proximity to other major highways. Denver, Colorado-based Black Creek Group — a leading real estate investment management firm — acquired the asset, which Orbis delivered designed, entitled and permit-ready. 

 

“Orbis has been very successful in entitling large and complicated land sites in the Inland Empire, says Eric Cox, CBRE Senior Associate, Institutional Properties + Capital Markets. 

“We just completed two separate, fully entitled land sales with Dermody and Black Creek Group that highlight Orbis’ expertise and ability to carry complex deals across the finish line.”

 

 CONTACT:

 Carrie Freitas

Kitchen Table Marketing + PR

949.433.6735

Carrie@kitchentablepr.com

www.kitchentablepr.com

pronouns: she | her | hers 

New magazine at www.tableauofficial.com

 www.orbisrep.com.

Arbor Funds Multifamily Loans Totaling $30 Million in Connecticut and Georgia

Robert Mendeles

  

UNIONDALE, NY – Arbor Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial mortgage lender, recently funded 12 transactions in CT and GA in partnership with Netz Capital Management and Tower Funding. The properties, comprised of 402 units, received $30.1M in financing. 

 Robert Mendeles of Arbor’s Englewood Cliffs office originated the loans.

 “Arbor excels at creating long-lasting relationships because we understand our clients and their financial needs,” Mendeles said.

Boulevard Apartments, New Haven, CT

 “For nearly a decade we have partnered with Netz Capital Management and Tower Funding, providing innovative solutions across multiple product lines.

 "These transactions exemplify our continued ability to deliver for our valued clients year after year.”

 

HIGHLIGHTS OF TRANSACTIONS 

 Eight properties in New Haven, CT, received funding through the Fannie Mae DUS® Small Loan program:

 Boulevard Apartments received $1.9M in refinancing in the second quarter of 2020. The recently renovated complex features 24 units with spacious floorplans and hardwood floors. Retail shopping and entertainment are in close proximity.

 215 Fairfield Street received $1.4M in refinancing in the second quarter of 2020. 

Located about three miles from downtown New Haven, the 16-unit complex is near to Southern Connecticut State University and West Rock Nature Center. 

  1445 Ella T. Grasso Blvd. received $877,000 in refinancing in the second quarter of 2020. The multifamily property is made up of 14 units with hardwood floors and plenty of closet space. A variety of restaurants and retails shops are within walking distance.

 36 Derby Ave. received $1.1M in refinancing in the second quarter of 2020. The recently renovated Victorian-themed complex features 20, one-bedroom units with ample closet and storage space. Yale University is just two miles away.

 T&G Investments Portfolio received $2.1M in refinancing in the second quarter of 2020. The 47-unit property features spacious one-bedroom floorplans with hardwood floors. Dining, entertainment and Yale University are nearby.   

 T&G Apartments Portfolio received $2.3M in refinancing in the third quarter of 2020. The multifamily complex includes 38 units with hardwood floors. It is conveniently located near parks, grocery stores, public transportation and other amenities.

215 Fairfield Street, New Haven CT

 1523 Chapel Street received $3.2M in refinancing in the third quarter of 2020. The 45-unit property features two-bedroom units with high ceilings, hardwood floors, granite kitchen countertops and stainless steel appliances. Barnard Nature Center at West River Memorial Park is within walking distance. 

 141 Sheffield Ave. received $2.3M in refinancing in the fourth quarter of 2020. The recently renovated multifamily complex includes 28 units with stainless steel appliances, ample storage space and gated private parking. Albert Magnus College is a few blocks away. 

 One property in Marietta, GA, received refinancing through the Fannie Mae DUS® Loan program:

Balfour Marietta received $8.7M in the second quarter 2020. The secluded 98-unit property is recently renovated and features modern flooring, new kitchen appliances and quartz countertops. Retail shopping is nearby.

Balfour Marietta apartments

 Two additional properties in New Haven, CT, received funding through the Single-Family Rental Portfolio program:

 11 Willis Street received $2.1M in refinancing in the third quarter of 2020. The 20-unit property is conveniently located to Downtown New Haven, Yale and local hospitals. 

 111 Bristol Street received $3.1M in refinancing in the fourth quarter of 2020.  The 37-unit pet-friendly property features one- and two-bedroom apartments with hardwood floors and large closets. Retail shopping is nearby.

 Another property in New Haven, CT, received refinancing through the Freddie Mac SBL program:

 119 Blake Street received $1.1M in the third quarter of 2020. The multifamily complex includes 15 units with one to four bedroom floorplans. Retail shopping and the commuter rail are a short driving distance away.

 

 CONTACT:

Bina Handa

Tel: 516.506.4229

bhanda@arbor.com

Hold-Thyssen Lands New Dr. Phillips Area Tenants in Orlando, FL

Darby Hold

  

Orlando, FL and Winter Park, FL --

Troy Stevens

 Hold-Thyssen, Inc. – a full service commercial real estate services firm headquartered in Winter Park – negotiated a multi-year lease of a 1,230 square foot office for A&P International at Phillips Place, 7575 Dr. Phillips Blvd.

 Darby Hold, Senior Director for Hold-Thyssen, Inc. who brokered the transaction on behalf of the landlord Financial Way Realty, Inc., says the new tenant is a business management consultant specializing in coaching and training Diverse Suppliers with services that cover the globe.  

  Hold-Thyssen, Inc. is the leasing and management representative for the 56,000 square foot Phillips Place office building, which is now 95 percent leased.   

 Vikash Mahadeo

 At the Sand Lake Tech Center , 2415 W. Sand Lake Rd. , Hold-Thyssen Leasing Associates Troy Stevens and Vikash Mahadeo completed a lease agreement for 930 square feet with Austin Lloyd, Inc., a telemarketer of precious metals.    

 

 CONTACTS:

Beth Payan

Larry Vershel Communications Inc

2433 Lee Road

Winter Park, FL 32789

407-644 4142 (main)

407-461 3781 (cell)

 

Anthony Fisher

 Vice President

 Hold-Thyssen Real Estate Services

 407-691-0505

 afisher@HoldThyssen.com

 

Robert P. Hold

 Principal

 Hold-Thyssen, Inc.

407-691-0505

 bhold@HoldThyssen.com

 

Weiss Serota Helfman Cole & Bierman Successfully Represents Mast Capital in Approval of $2 Million Miami Beach Condominium Project

Peter D. Waldman

MIAMI, Fla. – The expertise of Weiss Serota Helfman Cole & Bierman P.L. in complicated land-use and real property matters was on display in the City of Miami Beach, where the firm represented developer Mast Capital in completing a property acquisition from the Florida Department of Transportation (FDOT) and obtaining city approval for a long-anticipated luxury condominium project.

The project had been held up in the planning and approval phase for more than six years before last month’s city approval. Mast is developing the 12-story building on 1.9 acres it previously purchased from Talmudic University in October 2014.

 Mast can now move forward with the 175-unit development at 4000 Alton Road in the city’s growing Mid-Beach neighborhood.

Edward O. Martos 

Firm Partner Peter D. Waldman led negotiations with FDOT for the acquisition of surplus land located next to the project site, a process that started in August 2019 and culminated with the November 2020 project approval.

The $1.99 million property transaction is expected to close by the end of 2020.

 Firm Partner Edward Martos provided valuable assistance regarding the history of the project from a land-use perspective.

 To facilitate the property transaction, Waldman had to persuade FDOT officials to designate the land as a surplus property, produce traffic and drainage studies and a market appraisal, resolve an environmental issue related to debris removal, and negotiate the purchase agreement.

 “This was a team effort and a rewarding project to work on,” Waldman said. “FDOT followed its process to the letter of the law, and we did everything the Department asked for to show that this property was not being used, and was not needed for future FDOT projects.

"The result is a true win/win, with the city finally able to have this project move forward to accommodate strong demand for new luxury residential product in Mid-Beach and FDOT getting significant revenue through the property sale.”

  CONTACT:

Eric Kalis

Vice President

BoardroomPR

ekalis@boardroompr.com

O 954-370-8999 

C 305-794-5123

JLL Capital Markets establishes presence in Salt Lake City with Two New Hires

Phil Brierley 

 DENVER, CO,  Dec.7, 2020 – JLL Capital Markets announced today that Phil Brierley has joined the firm as a Senior Director focused on investment sales advisory transactions in its Salt Lake City, Utah, office. 

Also joining the newly established Salt Lake City capital markets team is Director Cole Macadaeg.

Brierley has more than 12 years of experience in commercial real estate and joins JLL from a national commercial real estate brokerage firm where he worked as a Vice President of Investments and managed the Utah and Idaho investment platforms.

Prior to that, he held a position with Morgan Stanley Capital International’s real estate platform in Chicago.

Brierley received his Master’s in Real Estate Development from the University of Utah and his undergraduate degree from Rhodes University.

Mark Katz

 He is an active member of the real estate community and currently sits on the board of the Utah Chapter of CCIM.

Prior to JLL, Macadaeg worked as an Associate at a national commercial real estate brokerage firm. 

 Macadaeg’s focus is on manufacturing, distribution and flex industrial space. He holds a bachelor’s degree from the University of Utah.

“Our capital markets team has been looking to expand in Salt Lake City for quite some time,” said Mark Katz, Senior Managing Director and co-head of JLL Capital Markets Denver.

“As with all of our new hires, we seek to find the right cultural fit and Phil and Cole embody all that we look for.  Salt Lake City is a market that we plan to significantly grow our capital markets presence and Phil is going to help us achieve that goal."

Jim Balderson

  “We are excited to have Phil join our growing Salt Lake City brokerage office,” added Managing Director Jim Balderson. “In additional to Phil’s extensive real estate resume, we look forward to his leadership and value to our strong culture at JLL.”

  “There’s no question that this is the right platform for our clients and for the Salt Lake market,” said Brierley.

 “JLL’s acquisition of HFF in 2019, and the capital markets powerhouse that created is something unique in our industry.

"Cole and I are lucky to be at that front of that expansion and are beyond excited to show our market what this platform can do.”

 JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm has more than 3,700 Capital Markets specialists worldwide with offices in nearly 50 countries.

 For more news, videos and research resources on JLL, please visit our newsroom.

  CONTACT:

Kristen Murphy

Senior Manager, Public Relations,

 Investor Services JLL

One Post Office Square, Suite 3500

Boston, MA 02109

T +1 617 848 1572

M +1 617 543 4873

Kristen.Murphy@am.jll.com

 www.jll.com