Wednesday, April 6, 2022

McHugh Construction Names Tina Paries as General Counsel

Tina Paries

 CHICAGO, IL, April 6, 2022 — Chicago-based McHugh Construction, one of the Midwest’s largest commercial contractors, has hired Tina Paries, a leading construction attorney, as general counsel.

  Paries has more than 20 years of experience in the legal field focusing on the construction industry.

 

“Tina’s extensive experience working for multiple legal firms concentrating on the construction industry is a huge benefit to our firm as we continue to expand our company by bringing in top tier talent on the job site and in the main office,” said Mike Meagher, president of McHugh Construction.


Mike Meagher

“Tina has an outstanding track record when it comes to the latest issues impacting construction, and she is well-versed on a variety of construction and real estate business issues, from contract law to mechanics’ liens to construction management, insurance coverage and sustainable building projects.”

 

Paries was most recently with the construction group at Robbins Dimonte, Ltd.

 

Paries has a bachelor’s degree in political science and history from Northern Illinois University, and a JD degree from Chicago-Kent College of Law..

CONTACTS:


 
Paula Widholm, pwidholm@taylorjohnson.com, (312) 267-4520

 

Kim Manning, kmanning@taylorjohnson.com, (312) 267-4527

 

www.mchughconstruction.com.

 

Tuesday, April 5, 2022

Alliant National Announces the Promotion of Kara B. Elgin, Esq. to Underwriting Counsel

Kara B. Elgin
 

Longmont, CO – Alliant National Title Insurance Company, the title insurer that is uniquely responsive to the needs of independent agents, announces the promotion of Kara B. Elgin, Esq. to Underwriting Counsel – Kansas, Missouri and Nebraska.

Elgin initially joined Alliant National in March of 2020 as Associate Underwriting Counsel. Elgin brought nearly 14 years of experience in real estate law to the company,

 

Jeff Stein

“Kara is an integral part of our legal team and has been instrumental in helping our agents succeed in their business,” said Jeff Stein, Chief Underwriting Counsel and Senior Vice President at Alliant National.

 “She has more than earned this promotion, and I have high expectations for her continued growth within our company.”

Elgin received her Juris Doctor at the University of Missouri-Kansas City School of Law. Prior to that, she obtained her bachelor’s degree in political science from the University of Central Missouri.

CONTACT:

Cathie Beck
303.241.0805
cathie@capitalcitypr.com

alliantnational.com 

 

Civilian Agency moves into new headquarters at Twenty by Six in Downtown San Diego, CA

Stacey Nelson Smith

 

SAN DIEGO, CA, April 5, 2022 –JLL announced today that Civiliana full-service marketing communications agency and Certified B Corporation dedicated to strengthening communities and inspiring meaningful change, has relocated its 30+ professionals into its new headquarters space at Twenty by Six, a 90,000-square-foot office and retail complex located at 451 A Street in Downtown San Diego, California.  The firm’s headquarters was previously located in Liberty Station.

 Nicole Winters

JLL’s Scott Schindler and Nicole Winters represented the Civilian in the lease.  The landlord, LeBeau Realty & Associates, was represented by Derek Hulse and Morgan Reno of Cushman and Wakefield.

“We wanted a space that supported our vision of teamwork, openness, and transparency,” Stacey Nelson Smith, Civilian founder and chief executive officer.

Morgan Reno

 “Our ground-floor space supports creativity with an open floor plan. The floor to ceiling sliding walls give us access to the outdoors, and plenty of indoor and outdoor meeting space for brainstorming, team building, and hosting our clients.”

Nelson Smith continued by saying “As a B Corporation we were for looking for office space that shared our sustainability goals and was LEED Certified. 

Scott Schindler 

"We also wanted to support our team’s love of outside and active and Twenty by Six delivered with firepits, private deck space, and a brand-new gym right across the hall from the office. 

“While the downtown San Diego office leasing market was slowed by the COVID-19 pandemic, we were grateful for the opportunity to help forward-thinking firms like Civilian take advantage of premier space at favorable terms,” said Scott Schindler, JLL Vice President. 


Derek Hulse 

“In this new office environment, companies want an inviting building with outdoor space where their employees feel safe and healthy, and Civilian has accomplished this with their new downtown headquarters.”


CONTACTS:
 

David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

www.civilian.com

jll.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.”

Monday, April 4, 2022

Levin Johnston Completes $31.5 Million Sale of 102-Unit Multifamily Community in Concord, CA

The Lakes Apartments,
a 102-unit apartment community
located 
at 1818, 1819, 1850
Laguna Street in Concord, CA 
   
 

 Concord, CA– Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, announces its most recent multifamily transaction: the $31.5 million sale of

The Lakes Apartments, a 102-unit apartment community located in Concord, California, the largest city in Contra Costa County and the 8th largest city by population in the Bay Area.  

 The Lakes is located at 1818, 1819, 1850 Laguna Street in Concord, California.    

Adam Levin
 Much of the investment appeal of The Lakes can be attributed to the extensive updates and renovations that the sellers had previously implemented to the exterior and interior of select units throughout, according to Adam Levin, Executive Managing Director, and Robert Johnston, Senior Managing Director of Levin Johnston.

 

In the transaction, Levin and Johnston represented the sellers and procured the buyer, a private investor.  

“Select units have undergone a tremendous number of capital improvements and renovations, which include style modernization, high-end designer finishes, updated kitchens, new exterior paint, deck enclosures, and catwalk railings throughout the exteriors,” says Levin.

  “Ultimately, we were able to present the buyer with a rare opportunity to acquire a well-located, stabilized, turnkey multifamily asset that offers the potential for strategic upgrades to the remaining units to further drive strong ROI.

 "This speaks to our team’s ability to stay ahead of the competition and deliver access to the best investments possible.”  

Robert Johnston
 In addition to offering a high quality of living, The Lakes is an attractive choice for East Bay renters due to its location near the borders of Concord, Pleasant Hill, and Walnut Creek, providing residents with direct access to major employers, local amenities, BART stations, and the greater Bay Area, notes Johnston.  


“Concord, located about 30 miles east of San Francisco, is a major regional center on the East Bay and supplies an abundance of employment, dining, and entertainment offerings,” adds Johnston.

  “For professionals, many of the nation’s top tech employers including Apple, Google, Facebook, IBM, Intel, Yahoo, Cisco Systems, Adobe Systems and LinkedIn are within close proximity to the property, making it an attractive place to call home.”  

 CONTACTS:

 Arleeny Escarcega / Anthea Davis  

The Smart Agency, Inc.  

(949) 438-6262  

andavis@thesmartagency.com  

 

 www.levinjohnston.com.   

 levinjohnston.com.  


Beta Hires Former JLL retail investment broker Adam Friedlander as Senior Vice President in Los Angeles, CA office

Adam Friedlander
 

 Los Angeles, CA,  April 4, 2022  – Beta, a premier California commercial real estate agency, announced that it has hired 15-year industry veteran

Adam Friedlander as Senior Vice President in Los Angeles.  Friedlander will continue to specialize sale, acquisition and recapitalization of net lease retail properties throughout the western US. 

“For several years, we have watched Adam become a leading net lease investment broker,” said Beta Co-Founder and Partners Richard Rizika. 

“We are confident that he will continue to provide best of class service to our valued clients as we continue to grow the Beta brand.

Richard Rizika

Prior to joining Beta, Friedlander served as a director with JLL, an international commercial real estate firm. 

 Throughout his career, he has closed over $1 billion in transactions comprising more than two million square feet.

Friedlander has assisted in the acquisition and sale of commercial property for pension fund advisors, RElTs, developers, private high net worth, family office, 1031 exchange and foreign investors.

 

CONTACT:
 

David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

https://www.betaagency.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.”

 

EagleBridge Capital Arranges $38 Million Debt and Equity Financing for Office/R & D Complex in Wilmington, MA

181 and 187 Ballardvale Street,
 an office/r & d complex
 located in Wilmington, MA.
  

 Boston, MA -- EagleBridge Capital has arranged mortgage and JV equity financing in the amount of $38,000.000 for 181 and 187 Ballardvale Street, an office/r & d complex located in Wilmington, Massachusetts.

 

The financing was arranged by EagleBridge principal Ted Sidel and director Brian Walsh.


Ted Sidel 

The complex is composed of two office/r & d buildings totaling 210,945 square feet situated on 15.38 acres with parking for 756 vehicles.

 

181 Ballardvale Street contains 105,394 sf and 197 Ballardvale contains 105,541 sf. 


Each of the two-story building features two large glass atrium entries as well as two passenger and two freight elevators.

 

The property is conveniently located one mile from interchanges 39 and 40 of Route I-93.  The immediate neighborhood is home to offices and corporate facilities as well as technology, software, manufacturing, and life science companies.

 

 Located within walking distance along Ballardvale Street are multiple shopping and eating choices including Target, CVS, Starbucks, Dunkin Donuts, Subway, Pizza Hut etc.


Brian Walsh
Nearby companies include OSRAM, Agfa, Verizon, Charles River Laboratories, L3 Harris, Roche, Gillette, National Grid, Symbotic Robotics, Spectra Medical Devices, and Panasonic.

 

EagleBridge Capital is a Boston-based mortgage banking firm with over 25 years’ experience in arranging debt and equity financing as well as joint ventures for apartment, industrial, office, and r & d buildings, shopping centers, hotels, condominiums and mixed-use properties as well as special purpose buildings.

 

 EagleBridge Capital is a member of Commercial Real Estate Capital Advisors (CRECA), a national association of independent commercial mortgage banking firms.

 

CONTACT:

 Stanley J. Sidel

Senior Advisor

EagleBridge Capital

One Boston Place,  Suite 2600

Boston, MA 02108

Tel: 617-292-7177  Ext.12

Fax: 617-292-7575

ssidel@eaglebridgecapital.com

 

 

Sunday, April 3, 2022

M/I Homes Begins Final Phase of Encore at Ovation in Winter Garden’s Horizon West

Brent Bartholomew

 WINTER GARDEN, FL – M/I Homes started work on Phase IV of Encore at Ovation in the award-winning, master-planned community of Horizon West.

With the earlier phases of Encore at Ovation sold out, M/I Homes is getting ready to build 56 single-family homes and 68 town homes in the collection of villages that makes up Horizon West, according to Brent Bartholomew M/I Homes’ Area President. 

“Horizon West was designed to emphasize the relationships between residential communities, schools, town centers and parks,” he said.

“Its growth has created a sense of neighborhood with places like restaurants, places of worship, health care facilities, medical offices, and salons and spas.”

Bartholomew said M/I Homes’ single-family offerings will feature 10 floorplans from two distinct collections:  

The Bungalow Collection has four alley-loaded plans – including one with a detached garage – that have either three or four bedrooms and ranging from 1,803 and 2,780 square feet. 

 Exteriors can include front porches, stone accents, shutters and shaker-shingle accents, while buyers can select interior options like tray ceilings or free-standing tubs.


The Cottage Collection homes – six of M/I Homes’ most-popular one- and two-story plans – range from 1,857 to 3,611 square feet and offer from three to six bedrooms and two- or three-car tandem garages.  

Upgrades can include a second owner’s suite, a bonus room, an additional bath and an extended balcony or lanai.

The Town Home Collection includes two plans with two-car, alley-loaded, detached garages.  The two-story plans range from 1,691 to 1,833 square feet and offer three bedrooms with two and one-half baths.  One plan has a separate main level flex room that offers endless possibilities


Amenities at Encore at Ovation will include a 
fitness center and outdoor gathering area, spacious patio and outdoor kitchen at the clubhouse, a resort-style pool, dog park, and corn hole and bocce ball areas.

Models are currently open.  Sales of homes in the new phase are expected to begin in July with pre-construction prices starting in the low $300’s for town homes, and high $400’s through $900’s for single-family homes.

 

About M/I Homes

M/I Homes, Inc. is one of the nation’s leading homebuilders, having sold over 140,000 homes since 1976.


The Company has operations in Columbus and Cincinnati, Ohio; Indianapolis, Indiana; Chicago, Illinois; Minneapolis/St. Paul, Minnesota; Detroit, Michigan; Tampa, Sarasota and Orlando, Florida; Austin, Dallas/Fort Worth, Houston and San Antonio, Texas; Charlotte and Raleigh, North Carolina; and Nashville, Tennessee.

CONTACTS:

Brent Bartholomew, Area President, M/I Homes

407-531-5100 bbartholomew@mihoms.com

Beth Payan, Larry Vershel Communications Inc.

407-461-3781 beth@larryvershel.com 

 www.mihomes.com/ EncoreAtOvation

Trez Capital Provides $9 Million Construction Loan for Boutique Condominium Project in Fort Lauderdale, FL

Casa Murano, a planned $9 million boutique
 luxury condominium project to be
 located on the water in Fort Lauderdale, FL

 FORT LAUDERDALE, FLORIDA –Trez Capitala private real estate lender helping to build better communities across North America, funded a $8,993,934.00 loan to finance construction of Casa Murano, a boutique luxury condominium project located on the water in Fort Lauderdale.

Casa Murano, a planned eight unit condominium
project on the water in Fort Lauderdale

The eight-unit building is sold out. Unit prices range from $2.2 million to $2.8 million.

 Construction is expected to start over the next 30 days and be completed by the end of the third quarter of 2023.

 

Trez Capital Vice President Scott Mehlman originated the loan on behalf of the developer/borrower Casa Murano, LLC.

 

Scott Mehlman 

Mehlman is based in Trez Capital’s Palm Beach, Florida office led by Executive Managing Director, Eastern U.S. Brett Forman. This is the third loan Trez has closed with the same development group since 2018.   

 

“We are pleased to work with a repeat borrower that is adding a new luxury living option in Fort Lauderdale,” said Mehlman.

 

“As people continue to move to South Florida in droves, developers cannot build projects like Casa Murano fast enough to meet the insatiable demand for high-end housing with water access.”


Brett Forman

“The demand for new housing is strong across the country, but perhaps nowhere is it as intense than in South Florida,” said Forman. “Fort Lauderdale remains a magnet for people seeking warm weather year-round and a laid-back coastal lifestyle, with plenty of dining and entertainment options within easy reach.”

 

The five-story Casa Murano is located on a canal leading to the Atlantic Ocean at 141 Isle of Venice Dr. It is just blocks from popular boutique retail shops and dining spots on Las Olas Blvd. and a quick bike or car ride from Ft. Lauderdale Beach.

 

CONTACT:

 

Eric Kalis

Vice President

 BoardroomPR

ekalis@boardroompr.com

O 954-370-8999 

C 305-794-5123

Bank of America Plaza | 1776 N Pine Island Road

Suite 320 | Fort Lauderdale, FL 33322

Web | Facebook | LinkedIn | Twitter | Instagram

 

www.trezcapital.com.