Sunday, June 6, 2021

Cooper Carry Elects Kyle Reis New President and CEO

Kyle Reis
 

ATLANTA,GA  -- Atlanta’s largest design firm is welcoming its third generation of leadership with the election of Kyle Reis as President and CEO. He said his first order of business will be building a vision for the design firm of the future.

 Founding Principal Jerry Cooper designed the firm so that it would thrive over multiple generations.

 Reis’ appointment and Kevin Cantley’s transition to Chairman of the Board come as part of a natural and planned succession that is following Cooper’s model.

 

Cantley was named President and CEO in 1995 and has spent the last 26 years growing the firm.


Jerry Cooper

Reis said, “The wisdom, advice, and lessons shared by these two icons of our industry are invaluable resources for me as we go through this time of leadership transition.


 "Our firm has always put its people first. It is evident every time I speak with Jerry or Kevin, who seem to remember the names and stories of every person who ever worked here.”

 Cantley has long served as a mentor to Reis and will continue to do so in his new role as Chairman. Cooper will also remain involved.

  At 91 years old, he still comes to the office every day, serving as an ambassador, muse, cheerleader, resource and inspiration for all of Cooper Carry and the industry which he helped build. 


Kevin Cantley

Reis earned his Bachelor of Architecture from the University of Notre Dame in 2006 and his MBA with a concentration in real estate from Georgia State University in 2013.


 Under Reis’ leadership, Cooper Carry has adopted a new five-year strategic plan. The plan focuses on three main areas: creative capital, agility and growth. Creative capital represents investment in its people.

 

Cooper Carry is doubling down on training, design innovation and diversity to continue growing the firm’s talent pool and value to its clients. 

 

Today, Cooper Carry is the largest design firm in Atlanta, with highly successful offices in Washington, D.C. and New York City.

Cooper Carry employs more than 300 people and works on projects all over the world, from Dubai to Nicaragua to Texas to Maine.  

For more information, please visit Cooper Carry’s website at coopercarry.com and follow the design firm on Facebook, Instagram, Twitter and LinkedIn.

 CONTACT:

The Wilbert Group

Aliya Seymour

Assistant Account Executive

www.thewilbertgroup.com


m: 678.477.3630

 

AMAC Announces the Appointment of Peter Miklius, Vice President, Acquisitions

 

Peter Miklius 
 

 New York, NY – Arbor Management Acquisition Company (AMAC), a commercial real estate investment firm, is pleased to announce the appointment of Peter Miklius as Vice President, Acquisitions.

 Based in AMAC’s recently opened South East regional office in Atlanta, Miklius will spearhead the company’s expansion in Georgia, North Florida, North Carolina, South Carolina, and Tennessee. He will be responsible for sourcing multifamily acquisitions and development opportunities.

 Prior to joining AMAC, Miklius served as Acquisitions Manager at Fogelman Properties and as Investment Manager at Cortland Partners, where he oversaw the acquisition efforts of more than 2,600 units and $450 million across the Atlanta metro market.

 “I’m thrilled to join AMAC given the company’s tremendous success of multifamily investment across other regions of the country,” Miklius said. “I look forward to leveraging AMAC’s platform and robust industry relationships further to expand its multifamily footprint across the southeastern U.S.”

 Miklius holds a Master of Business Administration in Real Estate and Finance from Emory University and a Bachelor of Science in Hospitality and Tourism Management from Purdue University.

CONTACT:


  Bina Handa

Tel: 516.506.4229

Email: bhanda@arbor.com

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