Sunday, June 6, 2021

Proper Title Insurance Agency Makes Six Strategic Hires

Kathy Kwak

 CHICAGO, IL   — Proper Title, LLC, a full-service title insurance firm serving the residential and commercial real estate industry, announced the expansion of its commercial and residential title services through six strategic hires.

 The firm has added Michael J. Stump as assistant vice president of commercial business development, Gary Irwin as senior commercial underwriting consultant & counsel, Charity Murow as senior underwriting counsel, Michele Clement as director of title operations, Adrienne Sutton as director of post-closing and settlement services, and Cheryl Nutley as a senior escrow officer.


Michael J. Stump 

The addition of these seasoned title professionals supports Proper Title’s plan to continue increasing its market share in the title industry throughout the Chicago area and beyond.

 

“With today’s heated housing market still in full swing, this all-star group brings a wealth of experience that will help us meet the surge in closings we’ve seen over the past year,” said Kathy Kwak, executive vice president of operations and counsel for Proper Title.


Gary Irwin 

 

“These hires also will be key as we plan to ramp up across our target markets and support our goal of providing excellent client service as our team continues its robust growth.


“Since Proper Title’s launch in 2013, we’ve been known for drawing top talent from within the title industry and that certainly is the case with these new hires,” said Kwak. “It’s just one of the reasons we have become one of the largest title agencies in Illinois.”

 

Prior to joining Proper Title, Stump was the top sales representative at First American Title, where he grew market share in his territory by 150% in a three-year period. He will play a key role in growing Proper Title’s customer base and revenue in closing commercial real estate transactions.


 Charity Murow 

Murow was most recently an underwriting counsel at First American Title. She has also been a senior claims counsel for Fidelity National Title and an underwriting counsel for Chicago Title.

 

Irwin is a 30-plus-year veteran of the title insurance industry. Prior to joining Proper Title, he had been with Fidelity National Title for nearly 18 years, where he most recently served as assistant vice president and state counsel.


Michele Clement 

 

Clement and Sutton come to Proper Title following decades of work at Fidelity National Title. Clement’s previous role was assistant vice president and Northern Cook County escrow manager, overseeing more than 20 employees and the escrow process for more than 600 residential and commercial closings per month. 


Cheryl Nutley

Sutton was an escrow closer at Fidelity National’s Schaumburg office and has expertise in complex residential and commercial transactions; closing bulk and double escrow transactions; and mobile closings at attorney offices, as well as AVON closings.

 Previously with Chicago Title, Nutley has 25 years of residential and commercial title experience.


Adrienne Sutton

 

 

CONTACTS: 

 

Paula Widholm, pwidholm@taylorjohnson.com

(312) 267-4525

Kim Manning, kmanning@taylorjohnson.com

 (312) 267-4527

 

propertitle.com.

 

Everwood Hospitality Partners Names Sean Liu Manager of Investments & Underwriting

 

Sean Liu 
 

CHARLOTTE, NC -- Officials of Everwood Hospitality Partners (EHP), a leading hotel owner/operator with a growing portfolio of full- and select-service hotels nationwide, announced the company has named Sean Liu manager of investments & underwriting. 

 In his new role, he will be responsible for the underwriting and due diligence of acquisition and development opportunities, as well as supporting the asset management of the EHP portfolio.

“Sean brings with him the ideal mixture of intense revenue management skills and asset management experience,” said Amit Patel, managing principal and chief operating officer, Everwood Hospitality Partners. 

Amit Patel

“This ‘best-of-both-worlds’ skillset makes him perfectly suited to help Everwood achieve its aggressive, post-pandemic growth goals. 

"As the industry rebounds, Sean will help us find and execute on attractive hotel assets located in major and secondary markets with multiple demand generators.”

                Prior to joining the EHP, Liu was senior financial analyst with Urban Commons, where he oversaw the development and implementation of the budgets for the asset management company’s 18 hotel portfolio.  

   CONTACT:

 

CHRIS DALY

PRESIDENT

DG Public Relations, LLC

42806 Oatyer Court

Broadlands, Va. 20148

Main: 703-435-6293

Mobile: 703-864-5553

 

chris@dalygray.com | www.dalygray.com

Saturday, June 5, 2021

Madison Realty Capital Provides $30 Million Inventory Loan for Two Luxury Condominiums at Metropica in Sunrise, FL

 

Melissa Rose

 NEW YORK, NY –– Madison Realty Capital, a fully integrated real estate private equity firm focused on debt and equity investment strategies, announced it has provided a $30 million first mortgage loan to Metropica Development for a luxury condominium tower and a ten-acre development site, which includes plans to develop a second 250-unit multifamily tower.

 The portfolio is part of Metropica, a four million-square-foot master planned community comprised of luxury residences, modern office towers and high-end retail offerings located in Sunrise, Florida.

Joseph Kavana

 Melissa Rose of JLL Capital Markets arranged the financing from Madison Realty Capital.

 Metropica Development, led by Joseph Kavana, began construction of the first 263-unit luxury condominium tower in 2017 and has sold 174 units to date.

 Madison’s loan will be used to support 89 units, representing 101,989 square feet on the upper floors of the first condominium tower as well as the adjacent 250-unit second condominium tower.

Josh Zegen

 In addition to the first tower, the Metropica master planned development will include 500 multifamily units550,000 square feet of commercial space for luxury retail, dining and entertainment destinations as well as 246 hotel keys.

 “We are pleased to deliver a customized and flexible financing solution for the remaining condo inventory in the Metropica Development,” said Josh Zegen, Managing Principal and Co-Founder of Madison Realty Capital.

Metropica Tower One, Sunrise, FL

 “Madison’s ability to finance residential projects through every stage of development was highly attractive to Metropica, an experienced local development firm, and we look forward to working with Joseph and his team to support this unique and ambitious project.”

 Located at 2000 Metropica Way, adjacent to the Sawgrass Mills shopping mall and BB&T Center, the 28-story Metropica Tower offers luxury residences with an average of 1,034 square feet, top-of-the-line finishes and high-concept designs from Oppenheim Architecture and YOO Studio.

 The tower’s resort-style amenities consist of a saltwater swimming pool, lounges, movie theater, fitness center, massage and yoga centers, and a children’s playroom.

 CONTACTS:

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

            and

 Nathaniel Garnick/Grace Cartwright

Gasthalter & Co.

(212) 257-4170

madisonrealty@gasthalter.com

 Also see Madison Realty on LinkedIn and visit www.madisonrealtycapital.com.

 

M/I Homes to Build 55 Homes in Winter Garden’s Tilden Place

 


Grand Series in Tilden Place at Winter Garden, FL

WINTER GARDEN, FL – M/I Homes started developing 55 homesites in Tilden Place at Winter Garden, a gated community situated between Winter Garden Vineland Road and County Road 429.

As one of the last home-buying opportunities on Tilden Road , sales of new construction  homes on sites with pond views and those backing to private conservation area will begin in June, according to David Byrnes, M/I Homes’ Area President. 

“We’re building two distinct product lines in Tilden Place at Winter Garden, with prices from the mid $400,000s to high $700,000s,” Byrnes said.


Grand Series 
in Winter Garden’s Tilden Place
priced from the mid $400,000s to high $700,000s

“We offer spacious, flexible floorplans, as well as numerous decor options and exterior features. And, we provide peace of mind in the form of a 15-year transferable structural warranty.”

M/I Homes’ Grand Series – built on 80-foot wide homesites – will allow homebuyers to choose from seven floor plans that range from 2,818 to more 4,500 square feet and boast from three to six bedrooms, three to five baths and either three- or four-car garages.

David Byrnes

The Eco Series will feature six different floor plans – which start at 1,857 square feet – that are comprised of three to five bedrooms, two to four baths and both two- and three-car tandem garages constructed on 50-foot-wide lots.

Many of M/I Homes’ single-level floor plans offer optional bonus rooms, and homebuyers can choose to have the owner’s suite either up or downstairs in some two-story plans, Byrnes said. “Or, you can build your dream home with two full owners’ suites.”

“The architectural style here is a combination of craftsman and traditional Florida design,” Byrnes said, adding that multiple elevations offer front porches, and spacious lanais and balconies. 

  CONTACTS:

Beth Payan

Larry Vershel Communications Inc

2433 Lee Road

Winter Park, FL 32789

407-644 4142 (main)

407-461 3781 (cell)

 

 David Byrnes

 area president,

M/I Homes,

 407-531-5100 

 

www.mihomes.com

 

 

Friday, June 4, 2021

KAI Promotes Michelle Huber to Vice President of Finance

Michelle Huber 
 

 St. Louis, MO --  KAI Enterprises proudly announces the promotion of Controller Michelle Huber to Vice President of Finance. Huber joined KAI in October 2019.

 

In her new leadership role, Huber will provide full financial oversight of both the construction and professional service business units at KAI, plus lead all aspects of the company’s budgeting and forecasting.


Brad Simmons
 

“We are absolutely thrilled to have Michelle take on the newly consolidated role as Vice President of Finance," said KAI Managing Partner Brad Simmons, FAIA. 

 

 "She brings an acute understanding of accounting process and procedures but is able to temper and balance with her experience and background in the A/E/C industry.”

 

Huber has 11 years of industry experience, having previously worked as a Controller at Kaskaskia Engineering Group in Belleville, Illinois and as a Senior Tax Accountant at Brown Smith Wallace in St. Louis.


 Michael Kennedy, Jr.

“Having Michelle step into her new role has been a real boost of energy. She is proactive, brings a holistic understanding of corporate financials, works seamlessly and effectively with our entire leadership team—and most importantly, Michelle is unafraid to challenge and push for answers,” said KAI CEO Michael Kennedy, Jr.

 

 “As CEO, I need a collaborative partner. Someone that tells me what I need to hear, not what I want to hear. Michelle is that partner and has quickly blended in well with our company leadership. We are fortunate to have Michelle at KAI.”

 

She has a Bachelor of Science in Accounting from Southern Illinois University Edwardsville and an MBA from McKendree University in Lebanon, Illinois.

 CONTACT:

 Jennifer Beidle

314-607-9459

jennifer@jbeidlepr.com

Wednesday, June 2, 2021

Phillips Nizer New York Adds Four Real Estate Partners from Brill & Meisel


Lisa R. Radetsky

New York, NY (June 1, 2021) – Phillips Nizer LLP is pleased to announce that the partners at Brill & Meisel, a leading New York real estate practice with a specialization in cooperative and condominium law, have joined Phillips Nizer’s New York office.

Amanda Benishai

Allen H. Brill and Elliott Meisel, who founded Brill & Meisel in 1979, partners Mark Axinn and Christopher Aldridge, and associate Amanda Benishai are joining forces with one of New York’s top real estate teams, including real estate practice co-chairs Marc Landis and Lisa Radetsky, real estate partners Jay Kim and Thomas Fuerth and land use and government relations co-chairs Christian Hylton and Kevin McGrath.


 Mark Axinn 
Mr. Landis, the firm’s managing partner, said, “Having worked collaboratively with one another for years, we are happy to welcome the Brill & Meisel attorneys to Phillips Nizer.

"They are highly respected in the real estate and co-op/condo field and allow us to expand our full-service offerings to our current and future clients.”

“Residential real estate in New York continues to be extremely active," said Ms. Radetsky.

  "The representation of cooperatives and condominiums is an integral component of our real estate practice. The Brill & Meisel team is a welcome and valuable addition to our firm.”


Christopher Aldridge

Mr. Axinn, who has been appointed as chair of the cooperative and condominium practice at Phillips Nizer, added, "I am delighted for this opportunity to continue to provide our existing clients with the same high-caliber counsel that they require.

"As members of Phillips Nizer, we now are able to expand the services we provide both to them and to future clients of the firm as well.”

Mr. Axinn represents cooperative and condominium associations, sponsor/developers, holders of unsold shares and individual property owners and businesses.


Allen H. Brill 

A graduate of Columbia College and Fordham Law School, he performs all aspects of cooperative and condominium association practice and also has extensive commercial litigation experience. 

Mr. Brill, a graduate of Columbia College, Columbia Business School and Columbia Law School, represents individuals and businesses in the purchase, sale and leasing of cooperatives, condos, buildings, residential, office and retail spaces.

 His litigation work includes commercial and contract disputes, construction issues, real estate disputes and challenging real estate tax assessments.


Elliott Meisel


Mr. Meisel, a graduate of Cornell University and Yale Law School, represents numerous New York cooperatives and condominiums in all aspects of their operations including financings, alterations, contract negotiations and the development and implementation of policies and shareholder and owner relations.

Mr. Meisel, a nationally recognized authority in cooperative and condo law, has converted many buildings to cooperative and condo ownership and represented tenant associations in connection with the conversions of their buildings sponsored by others.

Marc A. Landis
 

He also represents owners and investors in all aspects of their real estate ownership, including optimizing their portfolios through the sale of air rights, Section 1031 exchanges and Opportunity Zone investments.

Mr. Aldridge represents clients in a broad range of residential and commercial real estate matters, including hundreds of purchases, sales and financing of all types of properties.


A graduate of Hofstra University and Fordham Law School, his experience includes representing boards of associations in general corporate governance, mortgage refinancing, contractor and architect agreements and shareholder and unit owner disputes.


Jay H. Kim

Ms. Benishai, a graduate of Yeshiva University’s Stern College and New York Law School, is a real estate litigator focusing on commercial landlord-tenant disputes and cooperative corporation matters.


About Phillips Nizer LLP 

                                          
Phillips Nizer, founded in 1926, represents domestic and international clients in business; finance and real estate transactions;

Also: intellectual property matters; commercial litigation; labor and employment matters; matrimonial and family law; 

Also: tax and estate planning, with a particular focus on the entertainment, fashion, real estate and technology industries.

  

Thomas L. Fuerth
Phillips Nizer’s principal office is in Manhattan, with additional offices in New Jersey and an international branch office in Geneva, Switzerland.  

The firm is a member of Ally Law, a worldwide network of independent, midsized law firms.


Christian B. Hylton 




Kevin McGrath













CONTACT:

Keith Emmer 

keith@startegixmedia.com

 www.phillipsnizer.com.