She Has a Deal Announces Hotel Investment Pitch Competition Advances Six Teams to Final Round

 

Tracy Prigmore

 

 

 ATLANTA, GA — Officials of She Has a Deal announced the six finalist teams selected to advance to the final round of SHaDPitch 2022. 

 

 The annual hotel investment pitch competition allows teams of early-career, women hospitality students to compete for the prize of $50,000 in hotel deal equity following the conclusion of a virtual, preliminary round of pitching.

Rebecca DelValle 

The goal of She Has a Deal is to increase the number of women hotel owners and developers, and the organization offers inspiration and education to channel the power of collaboration and mentorship.

Alexandra Vendola

She Has a Deal creates new pathways to hotel ownership and development by exposing participants to the hard-to-find details needed to successfully source, analyze and close hotel real estate investment deals. 

Morgan Mason 

During the preliminary judging round, 10 teams comprised of 20 participants pitched hotel investment acquisition or development projects live on Zoom to a judging panel of top-level hotel business executives, entrepreneurs and investors. 

Brylynn Smith 

The judges evaluated and selected the following six teams, listed in alphabetical order:

 

1.   ART, LLC: Rebecca DelValle and Alexandra Vendola from University of New Haven

 Lauren Graff

2.    3.   ASM Consolidated, LLC: Morgan Mason from Purdue University

4.    5.   L&B Hospitality Consulting: Brylynn Smith and Lauren Graff from San Diego State University

6.    

Lilian Amirfazli

7.   L&J Investments: Lilian Amirfazli, Lily Payne and Jayln Rowley from Michigan State University

8.    9.   Lumine Investments: Shanti Huang and Valerie Feng from California State Polytechnic University, Pomona

 Lily Payne 

Quarters & Halves: Yvana Petros, graduate of George Washington University Elliott School of International Affairs, and Shannah Reagan, graduate of University of Pennsylvania

Jayln Rowley

12.                      

The teams, who started the She Has a Deal process in September 2021, completed more than 30 hours of intensive hotel investment education to learn how to source, evaluate and raise capital for a real hotel deal.

Shanti Huang

Pitches included new construction hotels, acquisitions with complete property improvement plans and conversions of hotels in markets ranging from St. Louis and San Diego to Central Florida and South Georgia.

Yvana Petros

"This year's group of aspiring women hotel investors and developers brought a fresh, diverse perspective to hotel development and strategy.

Ravi Patel

"Their charisma, professionalism and potential to transform the industry shined throughout the competition," said Judge and Chief Executive Officer of SINA Hospitality Ravi Patel.

Geoff Ballotti

She Has a Deal founder, Tracy Prigmore of TLTsolutions, said about the virtual competition:

 

 “In our third year, I remain inspired and impressed by the amount of work and effort our participants put into their projects.  The support of our luminaries and sponsors makes it clear that we have deep support in the industry.”

 Mark Hoplamazian 

Prigmore went on to say, “Everyone has a role to play when it comes to making change.  As the saying goes, ‘It takes a village,’ and we need the entire industry to rally together to accelerate its transformation. 

 

"When more women are owning and developing hotels, the world will experience the brilliance of these women in hospitality, and the industry will explode with innovation.”

Elie Malouf 

The final pitch competition will take place at the Innovation Gallery at Hilton McLean Tysons Corner April 28-29. 

 

The competition will be followed by an awards and networking luncheon at the Hyatt Regency Tysons Corner, where all of the participants will be celebrated. 

Chris Nassetta

This year, the luncheon will include a conversation with the CEOs of SHaD’s hotel company partners, Geoff Ballotti of Wyndham, Mark Hoplamazian of Hyatt, Elie Malouf of IHG, Chris Nassetta of Hilton and Patrick Pacious of Choice.

Patrick Pacious 

 

For more information and to purchase tickets, visit www.shehasadeal.com.

 

CONTACT

 

Chris Daly

President

DG Public Relations

(703) 864-5553

chris@dalygray.com

www.dalygray.com

 

Ware Malcomb Announces Completion of Crosspoint Building Revitalization in Phoenix, AZ

 

Lynne Orlowski

PHOENIX, AZ, March 24, 2022 – Ware Malcomb, an award-winning international design firm, today announced construction is complete on Griffin Realty Trust’s Crosspoint office building campus at 2022 N. 32nd Avenue in Phoenix, Arizona.

 Ware Malcomb provided the architecture and interior design services for the project.

“This project was a significant transformation of two 30-year-old, four story office buildings in North Phoenix," said Lynne Orlowski, Studio Manager, Interior Architecture and & Design.

“We strategically repurposed existing materials for the project and transformed the buildings into a modern, multi-tenant workplace with attractive amenities.” 

Kevin Evernham

"The result was an integrated office campus and a dynamic, multi-tenant solution in the market, and exactly what the building needed to be viable,” said Kevin Evernham, Regional Vice President.

“We were proud be part of Crosspoint’s revitalization efforts to upgrade the towers for current and future tenants.

The project’s construction was led by general contractor Ryan Companies, and landscape architecture was provided by Norris Design.

 

 

CONTACTS

           

Rachel Reenders

VP Public Relations,

 KCOMM for Ware Malcomb

rachel@kcomm.com

 Maria Rodgers, PR & Communications Manager, 949.660.9128, mrodgers@waremalcomb.com

 

Maureen Bissonnette, Principal, Marketing, 949.660.9128 mbissonnette@waremalcomb.com

Hold-Thyssen Completes 10-Year Agreement with Seacoast National Bank in Winter Park, FL

   

Darby Hold

 

WINTER PARK, FL  --- Hold-Thyssen, Inc., a full-service real estate services firm recently completed a ten-year lease agreement at 1031 W. Morse Blvd. for one of Seacoast National Bank’s most successful branches.

 

The publicly traded company based on Florida’s Treasure Coast with 45 branches in 15 Florida counties has renewed its lease of 11,363 rentable square feet at the sought-after Winter Park location.  

Anthony Fisher

Anthony Fisher, Vice President and Darby Hold, Senior Director for Hold Thyssen brokered the transaction representing both the Tenant, and the Landlord, Morse Boulevard Development Associates, LLC. 

 

Seacoast National Bank, with more than $5 billion in assets, recently celebrated 90 years in banking. 

 

Hold-Thyssen, Inc. 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 than 100 commercial properties throughout the United States.

 

CONTACTS

           

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

 

Beth Payan, Larry Vershel Communications Inc. 

407-461-3781 beth@larryvershel.com 

 

 

Calson Management and RSF Partners launch joint venture for seniors housing project in San Jose, CA

 

 Lillian Roos

SAN FRANCISCO, CA – JLL Capital Markets has arranged $31.3 million in construction financing and a joint venture equity partnership for the development of Bascom Senior Living, an 83-unit, 93-bed private pay assisted living and memory care community in San Jose, California.

 JLL worked on behalf of the borrower, Calson Management, to arrange an equity partnership with RSF Partners.

Alanna Ellis

In conjunction with the closing of the joint venture equity arrangement for Bascom Senior Living, JLL secured a four-year, floating-rate $31.5 million construction loan with a bank.

The JLL Capital Markets Debt Advisory team representing the borrower was led by Senior Director Bercut Smith and Directors Alanna Ellis and Lillian Roos.

Bercut Smith

“We greatly appreciate Jason Reyes and the Calson Management team entrusting us to capitalize their development pipeline,” said Smith.

“The interest we had in the opportunity was a testament to the excellent job Calson Management has done building a Bay Area senior housing portfolio over the past 10 years and a well-positioned development pipeline, which we were able to showcase during our marketing processes.”

Jason Reyes 

“We at Calson are beyond excited to partner with RSF and officially break ground on our first project together in what will be a long and harmonious relationship,” Jason Reyes of Calson Management.

“This capital support will help us grow exponentially quicker and more efficiently as we expand our ownership and operating portfolio across California.”

Bascom Senior Living, San Diego, CA

Once completed, the community will offer studio, one- and two-bedroom units featuring a 24-hour emergency response system, private baths with seated showers, closet space and individual air controls.

Future residents will enjoy a variety of on-site community amenities, including designated dining rooms, a hobby room, a spa/salon, a movie theater, laundry facilities, a fitness center, a wine club, a wellness center and patios/balconies.

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

 CONTACT

Cierra Lacasse

PR, Capital Markets

JLL

T +1 602 648 8701

M +1 408 318 8021

JLL.com

Erin Fitzgerald joins JLL’s Minneapolis Capital Markets team

Erin Fitzgerald 

 

MINNEAPOLIS, MN, Mar. 23, 2022 – JLL Capital Markets announced today that Erin Fitzgerald has joined the firm as a Senior Director in its Minneapolis office.

Ms. Fitzgerald will focus on office and industrial investment sales advisory transaction in the Greater Minneapolis area.

 With more than 17 years of experience, Ms. Fitzgerald has advised office owners and investors on repositioning and redevelopment strategies for more than 20 million square feet of real estate across office, industrial and retail property types.

Colin Ryan

“We’re really excited to add someone with Erin’s background to our existing capital markets team in Minneapolis,” said Colin Ryan, Senior Managing Director and co-head of JLL’s Minneapolis Capital Markets team.

“She was instrumental in leading her prior team rise to one of the top firms in the market and we look forward to the contributions she’ll bring to JLL.”

 

CONTACT

Kristen Murphy

 JLL Senior Manager

 Public Relations

Phone: +1 617 848 1572

Email:  Kristen.Murphy@am.jll.com

 

NewMark Merrill Companies’ Sandy Sigal Honored by California Business Properties

Sandy Sigal 

Woodland Hills, CA – NewMark Merrill Companies, a Woodland Hills, California-based retail shopping center development company, announced that President and CEO Sandy Sigal is being honored by California Business Properties Association (CBPA) with the Ernest W. Hahn Award during its Awards Dinner on March 24.

 The award is given to an individual and/or organization that go above and beyond the call of duty to impact legislative, regulatory, or public policy issues on behalf of the real estate industry.

Ernest W. Hahn

Ernest W. Hahn was a well-known and respected developer of regional shopping centers. He began building his career in 1946 in San Diego, CA as a general contractor specializing in retail store construction. 

His firm, a partnership called Hahn-St. John, grew rapidly to become the largest general contractor in the United States specializing in retail store construction. 

In 1958, Mr. Hahn purchased his partner's interest, and founded Ernest W. Hahn, Inc. Today, the firm is known as The Hahn Company.

CONTACT:

David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

Member of the National Association of Real Estate Editors (NAREE)

“PR Strategist for the Commercial Real Estate Industry:  I do what I love and love what I do.”

Accomplished Product Liability Litigator Patrick Clyder Joins McGuireWoods in Chicago

Patrick Clyder 

CHICAGO, IL – McGuireWoods continues the expansion of its global litigation capabilities with the arrival of Chicago partner Patrick Clyder, who brings 15 years of experience defending manufacturers and other corporate clients in complex commercial and product liability disputes.

Diane Flannery

Clyder defends manufacturers of aircraft, transformers, construction equipment, power tools and fire sprinkler systems in product liability matters. He represents clients in courts throughout the country.

Clyder joins McGuireWoods from Swanson, Martin & Bell, where he co-chaired its product liability practice group and developed a litigation associate training program.

“Patrick’s skill and impressive track record defending companies in one of the toughest venues in the United States will benefit our clients tremendously,” said Diane Flannery, chair of McGuireWoods’ Products, Environmental & Mass Tort Litigation Department.

Christina Egan

“Patrick is an outstanding addition to our deep bench of litigators,” added Dion Hayes, the firm’s deputy managing partner for litigation. “His experience in high-exposure product liability matters makes him a perfect fit for our practice.”

Clyder is the third partner to join McGuireWoods’ Chicago office this year, following the recent additions of antitrust partner Holden Brooks and healthcare partner Rubin Pusha III.

“Patrick is a highly regarded litigator who adds an important dimension to our client service capabilities in Chicago,” said Christina Egan, managing partner of the Chicago office.

For more information, please visit www.mcguirewoods.com.   

CONTACT:

Joshua Spivak

510-849-1663 jspivaknyc@aol.com 

Michael Sluss msluss@mcguirewoods.com

 

JLL Capital Markets arranges $13 million in refinancing for the construction take-out loan for the 54-unit Blend-SD multi-housing project in San Diego, CA

  

Olga Walsh

SAN DIEGO, CA -- JLL Capital Markets has arranged $13.1 million in the permanent refinance of Blend-SD, a 54-unit, urban-coastal multi-housing community located at 5585 Mildred Street in the Linda Vista neighborhood of San Diego, California.

 JLL represented the borrower, Tailored Properties and The Niki Group, to secure a non-recourse, 10-year, 2.8-percent, fixed-rate permanent loan with five years interest-only through JLL’s exclusive correspondent relationship with a major life insurance company.

Bharat Madan

The JLL Capital Markets Advisory Team representing the borrower was led by Director Olga Walsh and Analyst Bharat Madan.

JLL selected this lender due to their ability to provide competitive proceeds, excellent loan terms, as well as early rate lock pre-CofO to alleviate any interest rate risk.

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

CONTACT:

Jenna Sharp

 JLL Associate

Public Relations

Phone: +1 214 394 3356

Email:  Jenna.Sharp@am.jll.com