Monday, July 4, 2022

Virginia Maggiore, AIA, Named Principal of RDC

Virginia Maggiore

LOS ANGELES, CA – Virginia Maggiore, AIA, has been named Principal of RDC, a full-service, award-winning architecture firm

Since joining RDC in 2019, Maggiore has built the firm’s Retail Store Rollout and Planning practice, adding notable retail and cannabis industry clients to the firm’s roster and garnering accolades for her work.

 Brad Williams

“Virginia is constantly striving for excellence and has been a force multiplier in RDC’s effort to expand our national retail offering. She inspires confidence in clients, colleagues, and staff,” said Brad Williams, AIA, CEO of RDC.

 Maggiore is a licensed architect, responsible for developing the in-store experience and customer journey, creative strategy, visual communication, and marketing integration for retail clients. 


 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.”

 www.rdcollaborative.com.


Saturday, July 2, 2022

Venable Adds Experienced Land Use and Zoning Group to Its Los Angeles, CA Office

Ellia Thompson


 
Los Angeles, CA, June 29, 2022 – Venable LLP is pleased to announce the addition of three land use and zoning attorneys to its Los Angeles office. 

Ellia Thompson is joining the firm as a partner, and Jeffrey Harlan and Jonathan H. Riker are joining the firm as counsel.

Mitch Evall

Mitch Evall, partner-in-charge of Venable’s Los Angeles office, said, “Our Los Angeles office is home to an exceptional real estate practice that will benefit greatly from this added capability.

"Ellia, Jeff, and Jonathan have extensive knowledge of the land use issues facing developers and are focused on practical solutions. They are personable, and team players.”

Ked Whitmore, chair of Venable's Land Use and Zoning Practice, said, “Ellia, Jeff, and Jonathan possess the mix of administrative and regulatory knowledge and litigation experience that clients have come to expect from our zoning and land use attorneys. 

"Their track record of success and deep experience in Southern California and throughout the western United States make them the ideal team for expanding our group’s presence.”

Ked Whitmore

Commenting on the group’s move to Venable, Thompson said, “Venable has the perfect foundation for developing a thriving land use and zoning practice in California. In addition to its strong environmental practice, a pivotal component not all firms are able to offer, the firm also maintains a deep bench of accomplished real estate, litigation, and construction attorneys. All of the elements that a robust land use team needs, we found at Venable.”

Thompson concentrates her practice on land use, planning and zoning regulations, government administrative law, and local housing laws.

. Harlan focuses his land use and zoning practice on sustainable development, environmental design, public policy, and strategic planning.

 

Jeffrey Harlan 
He brings a unique perspective to challenging land use and regulatory problems in California, shaped by his experience as a deputy to an elected official, planning director for a state land conservancy, and a private consultant. 

He calls upon his varied background to provide counsel to real estate developers and property owners on all aspects of development, from due diligence and entitlement processing to community engagement and litigation strategies. 

 Harlan received his J.D. from Vermont Law School and his B.A. from Columbia University.

Riker’s practice focuses on land use, planning and zoning regulations, government administrative law, local housing laws, building code enforcement, and California Environmental Quality Act (CEQA) compliance. 

Jonathan Riker
He frequently conducts land use and environmental due diligence for perspective real estate purchasers and assists property owners in removing a variety of code violations imposed by local government agencies. 

He has significant experience in implementation of the State Ellis Act and housing-related issues, including Density Bonus law. 

He is a recognized local CEQA expert and was one of the first attorneys in Los Angeles to become an Environmental Design Accredited Professional (LEED AP). Riker received his J.D. from Tulane University Law School, his M.U.R.P. from University of New Orleans, and his B.A. from Columbia University.

Venable LLP is an American Lawyer Global 100 law firm headquartered in Washington, DC that serves as primary counsel to a worldwide clientele of large and mid-sized organizations, nonprofits, high-net-worth entrepreneurs, and other individuals. 

With more than 850 professionals across the country, legislative affairs, complex litigation, and the full range of intellectual property disciplines. 

 CONTACT:

Keith Emmer

212-920-9205

https://www.venable.com/.

Monday, June 27, 2022

KBS Signs New Leasing Agreements with National, Regional and Local Tenants at Preston Commons, a 427,799 Square-Foot Office Property in Dallas, TX

Preston Commons, a 427,799 Square-Foot
Office Property
 is located at 8111,
8115 and 8117 Preston Road
in Dallas, TX

 DALLAS, TX -– KBSone of the largest investors in commercial real estate, has signed three new lease agreements totaling 24,568 square feet with national, regional and local tenants at Preston Commons, a 427,799 square-foot, Class A office park in Dallas, Texas.

 Preston Commons is owned by KBS Real Estate Investment Trust III.

Giovanni (Gio) Cordoves

KBS has signed a 16,403 square-foot lease agreement with national multifamily investment firm RPM Living, a 5,856 square-foot lease agreement with a regional financial institution and a 2,309 square-foot lease agreement with Dallas-based private investment firm Scalar Gauge Fund.

 The transactions represent the high caliber of KBS’ office properties as well as the increasing strength of the Dallas/Fort Worth market in which Preston Commons is located, according to Giovanni (Gio) Cordoves, Western regional president for KBS.

 “KBS recognizes the solid job infrastructure of the Dallas/Fort Worth market, making this an attractive area for industry-leading companies to expand,” says Cordoves.

 “From February 2020 to November 2021, Dallas experienced a job growth rate of 4.1%, placing the area at No. 4 on the jobs list of best-performing markets among the top 50 metro areas.”

Brett Merz
 Dallas is on the rise as both a city and county. The population of Dallas County increased by 10.4% since 2010, with a spike of young professionals and families moving to the region over the last two years due to many top companies leaving coastal states for Texas.

 In addition, positive net absorption in Dallas’ office sector is laying the groundwork for further stabilization throughout 2022.

 The new lease agreements at Preston Commons are indicative of the way that the Dallas office market has continued to lead the country in returning to the office, notes Cordoves.

 “We have seen that in order to truly collaborate and thrive at peak potential, many companies need a physical space that fosters next-level innovation and teamwork,” says Cordoves. 

“The signing of these leases at Preston Commons is a testament to this, as well as to the enduring appeal of top-tier office space in the best locations in the country.”

Alexandra Cullins

Preston Commons is a three-building office park located in the heart of the prestigious Preston Center submarket. 

 

Dennis Barnes
With convenient access to the Dallas North Tollway and US 75, Preston Commons is ideally situated amongst major business hubs, including the Dallas Central Business District and the growing Plano and Frisco corridors.

 The property won the 2015 Office Building of the Year (TOBY) award in the Renovated Building category from the Building Owners and Managers Association (BOMA).

 Top-quality on-site amenities include an upgraded lobby, business lounge, open-air courtyard with high-speed WiFi, and outdoor meeting and workspaces.

Alexandra Cullins, Dennis Barnes, and Jackie Marshall of CBRE represented KBS in the lease transaction.


Jackie Marshall 



The amenities package also features training rooms, a health and wellness center with fitness equipment, and varied dining options throughout the building including gourmet deli The Commons Counter.

 “Preston Commons provides all the key amenities top office users are seeking in the Dallas market,” says Brett Merz, asset manager for Preston Commons and senior vice president at KBS.

 “Also, the asset is located in a high-demand, posh area that provides elegant dining experiences and easy access to entertainment and high-end retail.”

Due to its high-end location, Preston Commons is the preferred destination for Dallas/Fort Worth’s business elite, Merz adds. The property is within a few blocks of dining and retail establishments including R+D Kitchen, Rock ‘n Roll Sushi, SoulCycle, and much more.

 

CONTACT:

ARLEENY ESCARCEGA

Associate Account Manager

The Smart Agency, Inc.

 

O 949 438 6262 Ext. 0 | C 714 552 5845

aescarcega@thesmartagency.com W thesmartagency.com

HQ 220 Newport Center Drive, Suite 22, Newport Beach, CA 92660

 

Sunday, June 26, 2022

Dream Finders Homes Reaches 50 Percent Mark in Sales at Hartwood Landing Community in Clermont, FL

Gerry Boeneman

 CLERMONT, FL – With development just beginning at Hartwood Landing, half of Dream Finders Homes’ 321 homesites already have been purchased and are being prepared for any of 11 different new home designs the company will build there.

Located on Lions Gate Avenue in one of Lake County’s fastest-growing areas, Hartwood Landing is in the future Wellness Way corridor and only five minutes from Lake Louisa State Park and the Olympus project, according to Gerry Boeneman, Dream Finders Homes’ division president.

“This is a fantastic location, and we have a floor plan for just about everyone’s lifestyle,” he said. “Our Anna Marie with Bonus model is open and the Elm and Avalon with bonus models are underway.”

 Lake Louisa State Park, Clermont, FL area

The company’s one- and two-story floor plans range from approximately 1,654 to 4,170 square feet of living area with between four and seven bedrooms and two to four bathrooms.

 The $170 a month homeowners’ association fee will include fiber optic internet, a spacious swimming pool and cabana area, as well as a well-equipped playground.

Dream Finders Homes’ products include programmable thermostats, well-insulated walls and attics that improve efficiency, carbon monoxide detectors, low VOC interior paint, and WaterSense showerheads and bath faucets, he added. 

For more information or to schedule a tour, please call 888-223-8340.

 CONTACTS:

Gerry Boeneman, Division President, Dream Finders Homes, 888-214-1164 or

 Gerry.Boeneman@dreamfindershomes.com


Beth Payan, Larry Vershel Communications, 

407-461-3781 or beth@larryvershel.com

Avanath Capital Pays $11 Million for 44-unit Yorba Linda Palms Apartments in Yorba Linda, CA

Daryl J. Carter

 YORBA LINDA, CA –- Avanath Capital Management, LLC, a multifamily owner and operator that focuses on market rate and affordable housing, announces its recent acquisition of Yorba Linda Palms (“The Palms”), a 44-unit family-oriented multifamily community located at 18542 Yorba Linda Boulevard in Yorba Linda, CA for $11.1 million in an off-market transaction.

According to Daryl Carter, Founder, Chairman and CEO at Avanath, The Palms serves qualifying residents at 30-50% of AMI, delivering much-needed affordable housing for low and middle-income families in an area of Orange County where market-rate rents are high, and demand is strong.

“This acquisition aligns with our strategy of investing in affordable housing in underserved markets throughout the country, where finding budget-friendly housing is challenging to many families,” says Carter.

John R. Williams

 “Known for its historic charm, Yorba Linda is considered one of the most affluent cities in Orange County, which boasts the 6th highest area median income (AMI) in California and the highest AMI in Southern California at $119,000.”

The Palms marks Avanath’s fifth purchase in Southern California and its fourth in Orange County within the last 12 months.

The firm recently acquired St. John’s Manor, a 36-unit affordable senior housing community in Costa Mesa; The Overlook at Anaheim Hills, a 261-unit senior housing community in Anaheim; and The Grove Senior, an 85-unit senior housing community in Garden Grove.

Yorba Linda Palms apartments, Yorba Linda, CA

Avanath now has 2,267 units under management in Southern California, which provides the company with economies of scale in the region, according to John R. Williams, President and CIO at Avanath Capital Management.

“By leveraging broker relationships and practicing proactive communication with owners and developers, we were able to acquire an off-market asset in an area where the affordable housing supply is limited and there is a significant barrier to entry for both developers and would-be homeowners,” adds Williams.

“Social programs are a key element of our strategy to help residents of our communities to continually strive for a higher quality of life,” says Williams. 

“These programs, implemented in partnership with notable organizations like COR, provide residents with assistance in improving their lives in a multitude of ways.”

The Palms consists of five two-story garden style residential buildings featuring eight two-bedroom units, 36 three-bedroom units, a single-story office, and a clubhouse and resident center. 

Founded by Daryl J. Carter, the Avanath management team averages 25 years of experience and has successfully guided investment funds in defining growth opportunities.

CONTACTS:

Madison Bridges / Lexi Astfalk

The Smart Agency

949-438-6262

mbridges@thesmartagency.com

www.avanath.com.

 

Wednesday, June 22, 2022

Tim Brislin Named Senior Vice President of Harvard Investments Along with Six Additional Promotions and One New Hire

  

Tim Brislin

Scottsdale, AZ – Harvard Investments, a real estate investment and development company based in Scottsdale, Ariz., announced the promotions of six key team members and one new hire in response to the firm’s rapid expansion.

 

Craig Krumwiede
With more than 40 years engaged in community and property development throughout the Southwest, Harvard has grown across five states in six asset classes including the launch of its single-family rental community brand FirstStreet™.  

 Tim Brislin, a strategic leader with Harvard Investments for 15 years, has been promoted from Vice President to Senior Vice President.

 “Tim has been a consistent high performer with Harvard for 15 years and has demonstrated his ability to not only successfully navigate complex projects with both mastery and integrity, but also serve as a powerful leader and mentor to newer Harvard team members. Within our industry he actively applies his leadership skills with ULI and Valley Partnership,” said Craig Krumwiede, President and CEO of Harvard Investments.

 

Christian Passalacqua
“Our additional promotions of Byron, Christian, David, John, Rhonda and hiring of Cayley reflect our firm’s philosophy. 

"I’ve found that when you hire the best, be open to ideas, and never micro-manage, great things happen.

 Tim and these six strong team members have proven their ability to maintain Harvard’s high standards while bringing new insight to amplify our recent growth.”  

 Additional promotions and a new hire at Harvard Investments include:  

 Christian Passalacqua has been named Entitlement & Development Manager moving  from Land Acquisition Manager.

Bryon Jones
Bryon Jones has been promoted from Senior Accountant to Division Controller for Harvard Communities.

 Cayley McLean has been hired as Harvard’s Financial Analyst/Land Acquisition Manager.

David Sansevere has been promoted from Senior Project Accountant to Accounting Manager for Harvard FirstStreet.

 John Horton has advanced from Development Associate/Analyst to his new role of Development Manager for Harvard FirstStreet.

 Cayley McLean

Twelve-year Harvard team member Rhonda Wells has been elevated from Executive Assistant to Office Manager. 

 

David Sansevere 
Krumwiede added, “During this time of incredible market growth, we’ve focused on enhancing our best-in-class team with employees who are dedicated, curious and prepared to tackle and maximize opportunities across the Southwest, while maintaining the integral vision of Harvard to build communities people will be proud to embrace for generations.

 "We’re incredibly grateful to have each of these stellar individuals as part of our Harvard team.”  

 CONTACTS:

Heather Austin  

The Ferraro Group  

602-738-9252 cell  

Heather@TheFerraroGroup.com  

Sally Mesarosh

The Ferraro Group Phoenix

120 N. 44th St. #310

Phoenix, AZ 85034

www.TheFerraroGroup.com

C: 602-618-5730

http://www.harvardinvestments.com/

Monday, June 20, 2022

Phoenix Design One Promotes Sophia Humphrey to Principal

Sophia Humphrey
 

PHOENIX, AZ– Award-winning interior architecture firm Phoenix Design One Inc. (PDO) has promoted long-time team member Sophia Humphrey to the position of Principal.

 In her new role, Humphrey will continue to manage the PDO studio and directly oversee more than 40 buildings, of which PDO is the architect of record.

 She also joins the PDO executive leadership team, responsible for the vision and growth of the Scottsdale-based firm.

Jennie Mayer

 “Sophia is a tremendous mentor and is committed to continuously building PDO’s culture with an emphasis on fun, creativity and client care,” said PDO Principal Jennie Mayer.

 “She has exceptional talent and vision, both of which we know will help guide PDO into the future and build its next generation of leaders.”

 Humphrey joined PDO in 2007, holding positions as Senior Project Manager and Associate.

 She holds a bachelor’s degree in Interior Design from the Art Institute of Phoenix and a National Council for Interior Design Qualification (NCIDQ), the industry’s recognized indicator of excellence in interior design principles and commitment to the profession.


CONTACT:

Stacey Hershauer

focusAZ 

P 480.600.0195

NewMark Merrill Companies Promotes Greg Giacopuzzi to Vice President of Leasing & Development

Greg Giacopuzzi

 Woodland Hills, CA – Newmark Merrill Companies, Inc., a Woodland Hills, California-based retail shopping center owner and developer, announces the recent promotion of Greg Giacopuzzi to Vice President of Leasing & Development.

Based out of the company’s corporate headquarters in Woodland Hills, CA, Giacopuzzi will oversee leasing across the existing NewMark Merrill portfolio, including supervising a team of in-house leasing professionals.

 In addition, the role includes pursuing business development and acquisitions opportunities with a focus on ground up development and redevelopment of existing shopping centers. 

 

Sandy Sigal

“Greg has continually delivered exceptional results and growth throughout his time with our firm,” commented Sandy Sigal, President and Chief Executive Officer of NewMark Merrill Companies.

 “I have had the pleasure to watch Greg become a true asset not only for our firm but to the property teams and merchants he assists.”

 Giacopuzzi started with NewMark Merrill over 10 years ago. Before joining NewMark Merrill, Giacopuzzi received his Bachelor of Arts degree in Accounting and Business Administration from Point Loma Nazarene University.

 

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.”