Sunday, October 16, 2022

KAI Enterprises, The UP Companies Promote Shawn Lewinski, CPA to Chief Financial Officer and Amanda Schwane, MSA to Vice President of Finance and Controller

 

Amanda Schwane

St. Louis, MO --  KAI Enterprises proudly announces the promotion of KAI Vice President of Finance Shawn Lewinski, CPA to Chief Financial Officer and KAI Controller Amanda Schwane, MSA to Vice President of Finance and Controller. They will also be serving in these roles for sister firm The UP Companies (UPCO).

Shawn Lewinski

In their new positions, Lewinski and Schwane will oversee the finance and accounting functions for both KAI and UPCO, with a focus on aligning talent, functions and processes that provide best class services to internal operating customers, ownership groups, external stakeholders, partners and customers.

 Lewinski and Schwane both joined KAI in December 2021. Lewinski has nearly 25 years of finance and accounting experience, having previously worked for large privately held firms, public companies and Big Four audit and tax firms. He has a Bachelor of Science in Accounting from the University of Missouri-Columbia.

 

 

Brian Arnold

 

Schwane has nearly 12 years of accounting experience. Prior to KAI, she held accounting positions at Scottrade Inc., MasterCard International, Centene Corporation and EGA America Inc.

 

 She has a bachelor’s degree in Finance and a minor in Accounting from the University of Missouri-St. Louis and a master’s in Accounting from Maryville University.

 

The recent retirement of UPCO CFO Rick Stemler created an opportunity for KAI and UPCO leadership to implement its vision for shared accounting services sooner than expected.

 

“Our accounting team has done amazing work for KAI over the past six months. Under the leadership of Shawn and Amanda, we have performed a historic turnaround of our books, systems and team," said KAI and UPCO CEO Michael B. Kennedy.

 

Michael B. Kennedy

 "All these corrections and improvements have allowed our leadership team to make sound timely decisions. This is an exciting time in the evolution of our companies and a real opportunity to step up, focus on teamwork and technical excellence, and live the process.”

 

 “Our businesses at both The UP Companies and KAI have grown significantly and become infinitely more complex and geographically diverse in recent years," said UPCO President Brian Arnold.

 

 "It was time to take the next step towards realizing our goals for shared support services and address the complexities and new challenges that both growing companies face today,”.

 

Contact: 

 Jennifer Beidle

314-607-9459

jennifer@jbeidlepr.com

 

www.kai-db.com.

 www.theupcompanies.com or

 call 314-865-3888.

 

Veteran CRE Pro Jared Rothgeb Joins GreenRock as Underwriting Director

 

Jared Rothgeb

 Chicago, IL – Veteran commercial real estate professional Jared Rothgeb recently joined GreenRock Capital LLC (GreenRock) as its director of underwriting. 

Rothgeb has more than 15 years of experience underwriting real estate acquisitions and debt financing across all real estate asset classes.

  Prior to joining GreenRock, he managed the central region multifamily underwriting team for Freddie Mac’s small balance loan program.  

 

“We are very fortunate to have such an experienced industry professional as Jared join the GreenRock team,” said Chris Robbins, managing principal of GreenRock.


 Chris Robbins

“He has a wide breadth of knowledge across all asset classes and significant experience working with institutional owners.”

 

Rothgeb also has previous experience in acquisitions for Ventas, a publicly traded healthcare REIT.

 

 His earlier experience included 10 years at LaSalle Bank and Bank of America underwriting construction and bridge loans for institutional real estate investors.

 

 Rothgeb graduated from Michigan State University with a B.A. in finance and an MBA from the University of Chicago Booth School of Business. 

 

 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.”

Saturday, October 15, 2022

JLL Capital Markets welcomes Dan Gillard to its multi-housing debt advisory team

 

 Dan Gillard 

PHILADELPHIA, PA  JLL Capital Markets has welcomed Managing Director Dan Gillard to its multi-housing debt advisory team.

 Gillard is based in the Philadelphia office and reports to Senior Managing Director Ryan Ade, co-head of the Philadelphia office.

 Gillard’s primary focus will be on sourcing new multi-housing and commercial financing opportunities both nationally and locally.

Ryan Ade

“We are extremely pleased to have Dan join the JLL Capital Markets team in the Philadelphia office,” said Ade. “Dan brings a wealth of knowledge in the space, and we look forward to working alongside him to strengthen and grow our debt advisory services.”

 Previously, Gillard spent six years with Greystone, most recently serving as Managing Director and head of the Philadelphia production team.

Contact: 

  Jenna Sharp

 JLL Associate

 Public Relations

Phone: +1 214 394 3356

Email:  Jenna.Sharp@am.jll.com

 

 

Karen Whitt

 PHOENIX, AZ -- Leading diversified professional services and investment management firm Colliers (NASDAQ and TSX: CIGI) today announced it will acquire a controlling interest in Arcadia Management Group, Inc. (“Arcadia”), a leading commercial real estate property management firm focused in the Southwest U.S.

 Arcadia’s senior leadership will retain a direct equity stake in the business and continue to drive operations going forward under Colliers’ unique partnership model.

 Arcadia will rebrand as Colliers immediately following closing. Details of the transaction were not disclosed.

 

Gary Shaw

Founded in Phoenix in 1986, Arcadia and its 150 professionals provide property management, property accounting services, and project management to over 60 million square feet of office, retail, and industrial properties in 24 states.

 “Our strategic investment in Arcadia positions Colliers as the leading property management firm in the important and fast-growing Southwest U.S. market,” said Karen Whitt, President, Real Estate Management Services of Colliers | U.S.

  “We are excited to welcome this talented group of professionals to our organization and look forward to helping them accelerate their success – and that of their clients – as part of Colliers.”

 “Arcadia has enjoyed tremendous success in our 36 years as an independent firm, and the natural next step for us was to partner with a leading global brand and operating platform with national and global capabilities and operating tools to better meet the needs of our clients,” said Gary Shaw, Regional Managing Director and Partner of Colliers Real Estate Management Services, Arizona, Utah and Austin.

 “Both leadership teams recognized early in the process that we share an entrepreneurial and collaborative culture. We look forward to enhancing client service and helping our professionals leverage the benefits of this world-class organization.”

 Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.

 

Contacts: 

 Christian Mayer

Chief Financial Officer

(416) 960-9500

 

Karen Whitt

President,

 Real Estate Management Services | U.S.

(703) 650-5709

 

Two multi-housing communities in the Atlanta-MSA trade for $257.54 million

 Amalia Londono

ATLANTA, GA, Oct. 27, 2022 JLL Capital Markets announced today that it has closed the $162.54 million acquisition of and the $104.90 million dollar financing for Abberly Skye, as well as the $95.0 million acquisition of and the $61.40 million financing for Abberly Onyx.

fAbberly Skye, a five-story, 405 unit wrap-style
 apartment community located
  at 2550 Blackmon Drive, within the Atlanta MSA in Decatur, GA

Both Abberly Skye and Abberly Onyx are five-story, wrap-style apartment communities located within the Atlanta MSA in Decatur, Georgia.

 JLL represented the buyer, HHHunt, in these transactions, and secured the floating-rate, bridge loan financing on behalf of the new owner. Northwood Ravin was the seller for both transactions.


Five-story, 250 unit Abberly Onyx apartments,
 
located at 2532 N. Decatur Road, Decatur, GA


 The 405-unit Abberly Skye (formerly known as Scott Crossing) was developed in 2020, and the 250-unit Abberly Onyx (formerly known as Point on Scott) was developed in 2017.


Matthew Lawton
Both properties offer studio, one-, two- and three-bedroom options and feature state-of-the-art community amenities, including, fitness centers, pools, golf simulators, saunas, dog parks, lounge areas outdoor courtyards and more.

 

Abberly Skye is situated at 2550 Blackmon Dr., and Abberly Onxy is located at 2532 N. Decatur Rd. The properties are both set seven miles from Midtown Atlanta, nine miles from Buckhead and eight miles from downtown Atlanta.

 

The JLL Capital Markets Investment Sales team that represented the buyer was led by Matthew Lawton, Vic Ciancetta, John Weber, Bill Shippen, Amalia Londono and Nick Brown, and the Debt Advisory team that arranged the financing was led by Travis Anderson.


Vic Ciancetta 
“It has been a pleasure working with the entire HHHunt Team on these unique assignments to redeploy significant capital on a strategic basis, building on the already solid foundation that HHHunt has built over many decades,” said Lawton.

 

“The team truly offers a vertically integrated platform that is best-in-class.”

 

JLL was exclusively retained by HHHunt this year to represent them on an exclusive buy-side representation for a large capital placement of a 1031 transaction, where they sold a significant asset in the Southeast to strategically redeploy into strong, long-term growth markets in the Sunbelt.


 John Weber
There will be a total of five, Class A multi-housing assets acquired in Nashville, Atlanta and Charlotte. HHHunt intends to continue to acquire assets on a strategic basis going forward.

 JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers.


The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment and sales advisory, debt advisory, equity advisory or a recapitalization.


Bill Shippen
The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

 

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

 

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. 

JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities.

Nick Brown
JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 102,000 as of June 30, 2022. 

JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated.




CONTACT:

 Jenna Sharp

JLL

M +1 214 394 3356

JLL.com

 

Friday, October 14, 2022

Construction of world's tallest interactive water fountain completed at Klyde Warren Park in Dallas,TX

Nancy Best Fountain, Klyde Warren Park, Dallas, TX
 

DALLAS, TX (OCTOBER 10, 2022) – Outside the Lines (OTL), a design-build construction company that specializes in creating one-of-a-kind water features, fountains, rockwork and themed environments, in conjunction with the City of Dallas and Woodall Rodgers Park Foundation, has announced the completion of the Nancy Best Fountain, an interactive water fountain at Klyde Warren Park, located at 2012 Woodall Rodgers Freeway in Dallas, TX.



 J. Wickham Zimmerman


The one-of-a-kind show fountain, which was designed by Fluidity Design Consultants and built by OTL, is an extension of several existing interactive fountain experiences at Klyde Warren Park. According to J. Wickham Zimmerman, Chief Executive Officer for OTL, an iconic water feature had always been envisioned for the north end of the park.

“While the interactive deck and park have always extended to the north end of the park at Pearl Street, a phased approach was taken regarding the water features,” says Zimmerman. “The fountain is now complete and is the crowning gem of the project.”


Barry Caylor


Since its opening in 2012, Klyde Warren Park has been a popular destination for visitors. The completion of the tallest interactive water feature in the world will draw in both locals and tourists alike, ultimately increasing foot traffic and time spent at the park, adds Barry Caylor, Vice President of Business Development for OTL.

Typically shooting jets up to 55 feet in the air, the Nancy Best Fountain has the ability to shoot jets 95 feet into the air during occasions and special events.

 

             Nancy and Randy Best
(Photo courtesy The Dallas Morning News)

The fountain was named after longtime Klyde Warren Park board member and philanthropist, Nancy K. Best after she and her husband Randy donated $10 million to the interactive water fountain project.


According to Jim Garland, AIA NCARB, Hon ASLA, President of Fluidity Design Consultants, the high-powered air canons are encircled by custom-fabricated stainless steel sculptural “trees,” which will keep people away from the high-velocity water and provide a vertical art element to the park’s Pearl Street Entrance.


James A. (Jim) Garland


The fountain will be illuminated with over 250 programmable color-changing LED lights, creating a variety of sequences and effects.

"The success of Dallas’ Klyde Warren Park is celebrated in the design of its next-generation Nancy Best Fountain, which interprets an artistic fusion of nature and music,” says Garland.

 “All the fountain’s animated and color-illuminated jets are patterned after trees, leaves and flowers, which are woven into a composition in repose.”

In the heart of the fountain, three abstract, highly polished and sparkling tree sculptures establish the scene's monumental scale, superlative quality, and memorable iconography. And the design’s specially selected, cross-cultural musical score—over which the dynamic jet action plays—generously provides an all-inclusive invitation to enjoy the park’s new theatrical experiences, he adds.


John Cunningham


OTL coordinated very closely with the project designers, the park’s management team, and the general contractor, McCarthy Building Companies, Inc., to facilitate construction of the fountain as efficiently as possible, says John Cunningham, Vice President of Operations based in the Dallas office at OTL and project manager of the Nancy Best Fountain.

“The pipe routing required careful study to the limited space available and the importance of running the pipes in the right sequence to avoid additional cross-overs that could necessitate unnecessary elevation changes. Those could lead to the creation of air pockets and traps, which might compromise the system’s functionality,” says Cunningham.

While the project did not come without challenges, including constructing a large-scale fountain within an open park in the middle of a busy downtown area, elevated above a busy freeway and working on an extremely tight deadline to minimize any disruptions to the park’s visitors, all players involved within the construction of this project were able to collaborate and develop creative solutions to each obstacle.


Klyde Warren Park, Dallas, TX

“It has been a pleasure working with Outside the Lines in the construction of the unique Nancy Best Fountain. We have worked with OTL on several major commissions and know them to be experienced, energetic and fully committed to first-class results," says Garland.

Privately operated and managed by the Woodall Rodgers Park Foundation, Klyde Warren Park serves as a central gathering space for the city of Dallas and its visitors. The urban green space is a 5.2-acre deck park built over the recessed Woodall Rodgers Freeway in downtown Dallas.


 

 

Contact: 



KATIE HAGA

Senior Account Manager

The Smart Agency, Inc.

 

O 949 438 6262 Ext. 7 | C 714 209 2334

khaga@thesmartagency.com  

W thesmartagency.com

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

www.otl-inc.com.