Saturday, August 20, 2022

Trial Lawyer Jeremiah Anderson Joins McGuireWoods in Houston, TX



Jeremiah Anderson

HOUSTON, TX – McGuireWoods continues the growth of its global litigation capabilities with the arrival of Houston partner Jeremiah Anderson, who brings nearly two decades of experience representing multinational companies in commercial litigation, including energy and construction industry disputes.

Jonathan Blank

Anderson represents businesses in complex commercial and environmental tort matters. He represents corporate clients as both plaintiff and defendant in trial and appellate courts throughout the United States and in domestic and international arbitrations. He joins McGuireWoods from another international firm.

“Jeremiah has deep experience in state and federal courts in Texas and elsewhere in the U.S. He is a highly respected trial lawyer and strategic adviser who excels at guiding clients through complex commercial litigation, particularly in matters related to energy and construction,” said Dion Hayes, McGuireWoods’ deputy managing partner for litigation.

Yasser Madriz

“Jeremiah’s impressive experience in high-stakes matters enhances our capabilities in Texas and nationally and provides powerful advantages for our clients,” said Jonathan Blank, chair of McGuireWoods’ Business & Securities Litigation Department.

Anderson is the fifth partner since the beginning of 2021 to join McGuireWoods’ Houston office, where nearly 30 lawyers practice in the areas of business and securities litigation, restructuring and insolvency, labor and employment, intellectual property litigation, healthcare, M&A, private equity and tax law.

Dion Hayes

“Jeremiah will be an important contributor to our litigation practice as we continue to expand in Houston,” said Yasser Madriz, managing partner of the Houston office. “He has a stellar reputation and we are delighted to have him join the firm.”

CONTACTS:

Ivan Alexander ivan.k.alexander@gmail.com
Colleen McGushen
704 343 2389 
cmcgushen@mcguirewoods.com

Michael Sluss | +1 804 775 1415 | msluss@mcguirewoods.com  

www.mcguirewoods.com.

Keyes/Illustrated Luxury Report: Pace of South Florida’s High-End Sales Slows Following Historic Cycle

 

Mike Pappas


  
MIAMI, FL and PALM BEACH, FL– South Florida remains among the most in-demand luxury real estate markets in the nation, but the scarcity of available inventory is slowing down the pace of sales, according to the new Keyes/Illustrated Luxury Report.

 

Broward County was an outlier in the second quarter of 2022, posting total sales increases for both luxury single-family and condominiums.



Miami-Dade, Broward, Palm Beach counties and the Treasure Coast collectively recorded a 6.5% year-over-year drop in total $1 million-and-up single-family sales, from 2,828 in the second quarter of 2021 to 2,645 in the first quarter of 2022.

 

 The region’s luxury condo sector also saw a year-over-year decline in total sales, from 1,724 to 1,546.

 

With supply dwindling following a record-breaking two-year stretch that commenced in the third quarter of 2020, available luxury homes and condos are quickly being snapped up by buyers.

 South Florida’s average days on market for luxury single-family sales plunged by 44.8% year-over-year to a mere 64 in the second quarter of 2022.



 Average days on market for $1 million-and-up condo sales dropped by 33.9% year-over-year to 121.

“It is important to put the current market in context with what was the strongest market most of us have ever seen,” Keyes/Illustrated CEO Mike Pappas said.

 

“You expect to see luxury properties stay on the market for 300 days or more. A correction in the velocity of high-end transactions was inevitable.

 

"Developers will have to get creative to meet the insatiable demand for $1 million-and-up product throughout the region.”

 



Broward County outperformed its neighbors to the north and south in terms of year-over-year sales activity gains for the second consecutive quarter.

 

The county’s high-end single-family sector had a 12.9% increase in $1 million-and-up sales to 692. For condos, total sales rose 14.5% year-over-year to 229.

 

Other notable findings in the second quarter luxury report include:

 



  • Miami-Dade County’s $1 million-and-up single-family sales declined by 22.3% year-over-year to 765 in the second quarter of 2022. The average price per square foot jumped 19.8% to $851 during that span. Luxury condo transactions dipped by 8.1% year-over-year to 877.
  • Miami Beach again led the way in total luxury condo sales in Miami-Dade with 189, but that equates to a 36.6% year-over-year decline.
  • Palm Beach County’s high-end single-family sales slightly dipped by 3.4% year-over-year to 1,038 in the second quarter of 2022. The average price per square foot concurrently rose by 18.4% to $810. Luxury condo sales dropped by 25.1% year-over-year to 367, with a similar 21% price per square foot gain to $975.


  • The average days on market in Palm Beach County continues to plunge for both $1 million-and-up single-family sales (53.4% year-over-year drop to 42 days) and condo transactions (54.9% year-over-year decline to 46 days).
  • The Boca Raton/Delray Beach submarket accounted for more than 36% of Palm Beach County’s total luxury single-family sales in the quarter, with 381, and nearly 29% of total high-end condo transactions, with 367.

 

 

 Contacts:

 

Eric Kalis, BoardroomPR

ekalis@boardroompr.com

954-370-8999

 

 

Daniel Benjamin

Senior Account Executive

 BoardroomPR

dbenjamin@boardroompr.com

O 954-370-8999

C 954-618-8287

Bank of America Plaza | 1776 N Pine Island Road

Suite 320 | Fort Lauderdale, FL 33322

Web | Facebook | LinkedIn | Twitter | Instagram

 

New Partner Bob Stupar Strengthens BCLP Finance Transactions Practice

 

Bob Stupar 


Atlanta, GA --  International law firm Bryan Cave Leighton Paisner (BCLP) announced the addition of new Partner Bob Stupar to the firm’s global Finance Transactions Practice.

.

“Bob brings significant CMBS loan servicing and workout experience to BCLP, and fits well with the over 35 attorneys at BCLP who focus on representing issuers, servicers, and special servicers in the servicing, real estate capital markets, workout/bankruptcy, and structured finance practice areas," said Partner and Co-Global Practice Group Leader - Finance Transactions, Jason DeJonker


Jason DeJonker

"Bob adds additional strength to our bench, and builds on recent partners and counsel who have joined BCLP to broaden our experience in the Finance Transactions practice group. 

 

 "We expect Bob to be very busy as the U.S. and global economies deal with the impact of a likely recession.”

 Contacts:


John Garger 917-420-5820 

jgarger@rippmedia.com


Allan Ripp 646-285-1779 
arippnyc@aol.com

Leslie Leader Brooks
312-602-5187
 leslie.brooks@bclplaw.com

Brian Kiefer
Director of Communications
312-602-5121 

brian.kiefer@bclplaw.com

JLL’s Hotels & Hospitality Group closes sale of Courtyard Lenox Berkshires and Hampton Inn & Suites Berkshires-Lenox in Lenox, MA

Emily Zhang
 

 BOSTON, MA  JLL’s Hotels & Hospitality Group has closed the sale of two select-service hotels totaling 171-keys in Lenox, Massachusetts.

 79-key Hampton Inn and Suites Berkshires-Lenox,
Lenox, MA

JLL marketed the property on behalf of the seller, Toole Companies, in the sale to Mission Hill Hospitality, a KSL Capital Company.

92-key Courtyard Lenox Berkshires, Lenox, MA

The JLL Hotels & Hospitality team working on behalf of the seller was led by Managing Director Alan Suzuki, Director Matthew Enright and Analyst Emily Zhang.

 “Recent vintage, select-service hotels in well-located lodging markets in New England continue to be in favor for institutional capital,” said Suzuki.

Alan Suzuki

“The highly competitive marketing process highlights the Berkshires as one of the most desirable leisure destinations in the country.”

 The portfolio consists of the 92-key Courtyard Lenox Berkshires and the 79-key Hampton Inn and Suites Berkshires-Lenox.

 Built in 2017, Courtyard Lenox Berkshires sits on 6.7 acres featuring scenic views of the Berkshire hills.

The Hampton Inn & Suites Berkshires-Lenox was built in 2008 on 6.6 acres of land and features 21 studio suites, a small meeting room and an indoor pool.

Matthew Enright 

The hotels are located in the popular Berkshires region, known for a variety of year-round outdoor activities as well as museums and venues, including Tanglewood Music Center, Shakespeare and Co., Norman Rockwell Museum and Berkshire Botanical Gardens among others.

 The properties benefit from their proximity to major population hubs in the Northeast, including New York City (120 miles), Boston (110 miles), Providence (100 miles), New Haven (77 miles) and Albany (30 miles).

 

 Contact:

 Cierra Lacasse,

JLL Associate

 Public Relations

Phone: +1 602 648 8701

Email:  Cierra.Lacasse@am.jll.com

 

Friday, August 19, 2022

Illustrated Properties Welcomes Luxury Real Estate Advisor Katie Blineau to Growing Jupiter, FL Office

 

Katie Blineau

Jupiter, FL Illustrated Properties, a member of The Keyes Family of Companies, significantly bolstered the firm’s Jupiter office with the arrival of designer-turned-luxury real estate advisor Katie Blineau.

The accomplished real estate agent, designer and entrepreneur joins IPRE from the Meyer Lucas Team at Compass.

Before relocating to Tequesta, she spent 14 years in Miami as a successful designer and business owner. 

Daniel Dennis

“Katie is a tremendous addition to our Jupiter office,” said Daniel Dennis, President of Illustrated Properties.

 “She brings a genuine love for real estate and strong track record of exceeding client expectations as a designer and Realtor."

A Buffalo, New York native, Blineau participates in the Crossing for Cystic Fibrosis long-distance endurance paddle challenge each year. The annual event takes paddlers 80 miles across the Gulfstream from Bimini, Bahamas to Palm Beach County.

 Blineau earned her Bachelor of Arts degree in Sociology and Economics from the State University of New York (SUNY) College at Buffalo.

 

 Contacts:

Eric Kalis and Daniel Benjamin, BoardroomPR

ekalis@boardroompr.com/

dbenjamin@boardroompr.com

954-370-8999

 

 

CrossMarc Services Vice President Flavia Kanyago to Speak on Launching and Growing a Retail Real Estate Career at Florida ICSC Aug. 29

 

 

ORLANDO, FL  –  CrossMarc Services’ Vice President Flavia Kanyago,  a leader in the retail real estate industry, was invited to speak at the upcoming Florida International Council of Shopping Centers event Aug, 28-30 at the Orange County Convention Center.

 Kanyago, with 10 years of experience in retail real estate and a frequent speaker at industry conferences, will participate in two events:

  On Sunday Aug. 28 from 2-4 p.m. she will  lead a table of industry leaders for The Purposeful Pivot: Leveraging Your Strength to Re-Energize your Career.

On Monday, Aug. 29. From 10:45 to 11:15 a.m. Kanyago will participate in a professional development session entitled:  Industry Talent Overview: From Student to Emerging Professional.  

 Students and  young professionals will have a chance to meet Kanyago and other leaders who will discuss how to best launch and grow a retail real estate career.

 


The ICSC Florida programs are open to the public. To register visit https://www.icsc.com/   

“This type of gathering provides a wide variety of knowledgeable business people to mentor, share some of their insight and answer questions about their experiences,” said John Crossman CEO of CrossMarc, who will be speaking at the event in a session on Work-Life Balance.

Shopping center in Hawaii

Founded in 1957, ICSC is the premier global trade association of the shopping center industry.  Its more than 70,000 members in over 100 countries include shopping center owners, developers, managers, marketing specialists, investors, retailers and brokers. 

 

 Contacts:

John  Crossman, CCIM, CRX, President CrossMarc Services

 407-794 9393 

Jcrossman@crossmarcservices.com

 www.icsc.org

 

Flavia Kanyago, Vice President, CrossMarc Services, 850-264-3609;

 fkanyago@crossmarcservices.com

 

Beth Payan, Larry Vershel Communications, Inc. 

407-461-3781 or beth@larryvershel.com

 

 

Twenty Four Seven Hotels Names Gabriel Coy Vice-President & General Counsel

 

Gabriel Coy

NEWPORT BEACH, CA —Twenty Four Seven Hotels, a third-party hospitality management company for premium-branded, select-service and lifestyle hotel segments in the western U.S., announced Gabriel Coy has joined the company as vice-president and general counsel. 

 The appointment expands the company’s leadership team by adding its first in-house legal position.  In his new role, Coy will Provide counsel, leadership and guidance on all legal issues arising with respect to hotel operations, hotel development, corporate governance and asset management.

“Reaching a pivotal point in our company’s growth trajectory necessitated creating this in-house role to provide value-driven solutions and advice on complex legal issues to help the company avoid pitfalls, overcome obstacles and continue our success,” said David Wani, CEO, Twenty Four Seven Hotels. 

David Wani

“Gabe brings specific legal expertise to areas of high need – namely transactional and employment law – in an increasingly challenging operating environment that demands skilled in-house legal acumen to improve company performance.

"It is essential to our growth strategy to incorporate this role to elevate our strategic decision-making, improve functional effectiveness of the organization, increase our efficiency and safeguard the company.”

Prior to joining Twenty Four Seven, Coy was the principal attorney at Coy Law Firm, where he provided “outside general counsel” transactional and litigation services in the areas of business and employment law to small and mid-size businesses. 

He previously worked at law firms Levinson, Arshonsky & Kurtz; Cadden & Fuller, LLP; and Loeb & Loeb, LLP. 

Additionally, he served as chief operating officer and general counsel for 4G Wireless, Inc., a Verizon Wireless Premium Retailer that owned and operated 160 retail outlets that later rebranded as 4G Ventures, and managing director and general counsel for IT Recycle, LLC, a cell phone recycling start-up.


Drew Hardy

“The creation of this new role had its genesis in identifying someone who had the requisite industry experience and legal discernment but also who operates as a business enabler and, most importantly, was a great cultural fit,” said Drew Hardy, president, Twenty Four Seven Hotels. 

 “For us, the role of legal counsel is not just managing the legal risks but being a strategic business partner who understands the pressure points, strategy and objectives of our business and effectively communicates the risks and legal issues involved to our decision making.

"Given Gabe’s skill set, key areas in which this role will have its most significant impact will be increasing efficiency, reducing costs and mitigating risks internally across company departments while advising on and facilitating our growth goals as we continue to add new properties and services.”

 Contact:

Chris Daly, media

(703) 864-5553

chris@dalygray.com