KW PROPERTY MANAGEMENT & CONSULTING Grows Luxury RV and Motorcoach Resort Division with New Development in Southwest Florida

 

Zuly Maribona 

SOUTHWEST FLORIDA –– KW PROPERTY MANAGEMENT & CONSULTING, a premier Florida-based association management company, is increasingly being called on to apply its award-winning experience and best practices to luxury RV and motorcoach resort communities from the North Carolina mountains all the way down to the Florida coastline.

In the latest example, KWPMC was retained to manage the Olde Florida Motorcoach Resort development on Florida’s West Coast near Fort Myers.

Rendering of Olde Florida Motorcoach Resort

Olde Florida is the newest project from renowned Naples-based developer Jon Rubinton, who has more than three decades of experience and previously developed the nearby Mangrove Bay.

Construction of Olde Florida is underway, and motorcoach enthusiasts will have opportunities to own or rent at the resort. Scheduled to open in early 2024, Olde Florida will boast a total of 444 motorcoach sites.

Jon Rubinton

KWPMC also provides full-service property management at Pelican Lake Motorcoach Resort in Naples, Yacht Haven Park & Marina in Fort Lauderdale and Mountain Falls Luxury Motorcoach Resort in Lake Toxaway, North Carolina. 

Pelican Lake was the company’s inaugural motorcoach community assignment several years ago, and KWPMC’s success overseeing that resort resulted in the creation of a dedicated division for such communities.

“RV and motorcoach resorts tap into everything from traditional association management to concierge-style luxury hospitality services and rental management,” KWPMC Senior Vice President Zuly Maribona said.

Gary Cioffi

Maribona is at the helm of the company’s Luxury RV and Motorcoach Resort division and its Southwest Florida, Tampa, Orlando, Jacksonville and North Carolina market activities.

“The biggest shift we have seen in the segment is developers opting to highly amenitize these resorts – they are no longer simply RV parks,” Maribona said.

“These are now destination lifestyle resorts, whether they are operated as for-profit resorts or as association communities. The demographics are also changing, as we now cater to a younger age group with different needs than the traditional RV enthusiast.”

That trend is especially evident at Yacht Haven, which attracts a wide range of guests including traveling nurses, digital nomads, young families and longer-term snowbird visitors.

 Yacht Haven

Yacht Haven Managing Sponsor Gary Cioffi and partner Christopher Hein have completed many luxurious renovations and upgrades since acquiring the 20-acre site in 2021, as part of a $26 million investment to position the resort as one of the nation’s premier motorcoach and yachting destinations.

Yacht Haven features 222 motorcoach sites, waterfront views and a marina that can accommodate vessels up to 150’.

KWPMC is one of the fastest-growing property management companies in the U.S., with over 80,000 homes under management and 2,000 employees. The company has developed its own digital platform and grown organically since inception.

 

 CONTACTS

 

Eric Kalis and Daniel Benjamin, BoardroomPR

ekalis@boardroompr.com or

 dbenjamin@boardroompr.com

954-370-8999

 

 www.kwpmc.com

 

The Keyes Co. Promotes Christina Pappas to President

Christina Pappas and father Mike Pappas

MIAMI, FL, Jan. 19, 2023 – The Keyes Company, Florida’s largest independent brokerage, starts its fourth generation of leadership as the firm nears a century of operation at the forefront of the real estate industry.

 

 Christina Pappas, daughter of Keyes President Mike Pappas,  is the new President of Keyes, after serving as Vice President of Operations and concluding her term as 2022 President of Florida Realtors®.

 

Mike Pappas, President & CEO since 1993, will remain in the CEO role.

 

Since joining Keyes in 2011, Christina Pappas has been instrumental in advancing the firm’s technology, marketing, critical vendor partnerships and the training and professional development of younger Realtors.

 

• A Cornell University graduate, Pappas also has taken on numerous industry and community leadership roles with organizations and earned numerous industry and community recognitions.
• 
  
  
  

 As President of Keyes, Pappas is prioritizing the continued implementation of new technology and further integration of the firm’s Family of Services, comprising of mortgage, title, insurance and property management service lines.

 

“The economies of scale dictate that real estate brokerages must leverage their resources to remain competitive,” she said.

 

“Our complementary services enable our associates to provide a true white-glove, full-service experience. The objective is to own the consumer relationship for life.”

 

Keyes Family of Companies closed out 2022 with $8.3 billion in real estate sales, and over $10 billion when including other services.

 

 That represents the firm’s second-best sales volume in 97 years of operation. The Family of Companies closed more than 20,000 real estate transactions last year.

 

The firm has remained independently-owned and operated since 1926.

 

 

 CONTACTS

 

Eric Kalis and Daniel Benjamin, BoardroomPR

ekalis@boardroompr.com or

 dbenjamin@boardroompr.com

954-370-8999

Lincoln Property Co. and NAIOP host return of Food & Wine Festival Jan. 26 on Church Street in downtown Orlando, FL

Shayna Hansen

 ORLANDO ---  The Florida NAIOP Food & Wine Festival originally set for early November – when Hurricane Nicole stormed in -- has been rescheduled for Thursday, January 26 on Church Street in downtown Orlando.  

 The delay didn’t dampen the enthusiasm of the developers and owners who reserved exhibit space, and it even garnered more support of the inaugural event.

 

Along with Lincoln Property Company, event sponsors are Synovus, Hunton Brady, Franklin Street, RB Marks, McCraney, McDonald, Ocean Bank, Brasfield & Gorrie, Avison Young, Interstruct and CoStar/Loopnet.

Booth spaces are sold out, according to Shayna Hansen, NAIOP Board of Directors President and Regional Director of Lincoln Property Company.

 

Hansen said the collaborative event will run from 5 p.m. to 9 p.m. and showcase Central Florida’s commercial developments and upcoming projects.   

 

 “We have received amazing support from our community partners. This festival will be a tradeshow style event that will provide a platform for Central Florida developers to share new, planned and existing projects with NAIOP’s network of brokers, developers, owners, investors and associated professionals,” she said. 

 Ceviche Mix, Ghost Kitchen, Braza and Seafood Bandits are among the food vendors who will be set up and remain open until 9 p.m. 

 

Registration to attend is $50 for Members and Brokers; $45 for Developing Leaders and $100 for Non-Members. 

 

 Registration closes Jan. 19.  Late registration is $150.  For registration information visit: http://www.naiopcfl.org/aws/NAIOPCF/pt/sd/calendar/293099/_PARENT/layout_details/false

 

 

 CONTACTS

 

Shayna Hansen, President NAIOP Bd of Directors and Director, Florida Region, Lincoln Property Company, 

407-872-3516  Shansen@LPC.com

Lindsay Winter, Chapter Executive Director, NAIOP Central Florida,

407-443-0568; Lindsay@naiopcfl.com 

Beth Payan, Larry Vershel Communications, 407-461-3781 or

 beth@larryvershel.com.

 

JLL expands national Loan Sales platform with addition of Chad Coluccio

 

Chad Coluccio 

NEWPORT BEACH, CA, Jan. 19, 2023 – JLL Capital Markets announced today that Chad Coluccio has joined its national Loan Sales team as a Managing Director based out of the firm’s Orange County office.

Sean Ryan

 

Coluccio will partner with Senior Managing Directors and co-leads of JLL’s national loan sales platform, Sean Ryan and Will Sledge, as well as Senior Managing Directors Tom Hall and Brett Rosenberg, to source, evaluate and execute performing and non-performing loan sales, REO portfolio sales and distressed debt opportunities across all property types.

 

 He will also collaborate closely with JLL Capital Market’s West Coast leadership, including Executive Managing Director Kevin MacKenzie and Senior Managing Director Greg Brown to identify opportunities and execute solutions for clients.

Will Sledge

“Given the current economic climate, we’ve seen a significant increase in our loan sales business,” Ryan said. 

“We’re excited to add Chad to the team and look forward to the creative solutions he can assist our clients with as we enter into the new year.”

 

Prior to joining JLL, Coluccio spent 13 years in a similar role at Mission Capital Advisors, where he was responsible for closing billions of dollars in loan sale transactions across the asset class and performance spectrums.

 Tom Hall

His clients include commercial and regional banks, insurance companies, credit unions, debt funds, CMBS special servicers and private equity / hedge fund firms.

 

During his 23-year career in commercial real estate, he’s also had experience asset managing loans for large banking institution portfolios and originating loans for commercial mortgage brokerage firms.

 

“Chad is a best-in-class professional and a fantastic addition to JLL and the Orange County office,” Brown added. “His hiring reflects our continued passion to grow our team in ways that best suit our clients’ needs.” 

 Brett Rosenberg

“We are thrilled to have Chad join our team,” Sledge noted. “I worked with Chad for over a decade and he’s a fantastic human being and equally good relationship manager and business developer. He rounds out our national loan sales team perfectly.”

 

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 sales advisory, debt placement, equity placement or a recapitalization. 

Kevin MacKenzie

The firm has more than 3,700 Capital Markets specialists worldwide with offices in nearly 50 countries.

 

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

 

 

Greg Brown

 

 

 

CONTACT

 

Kristen Murphy

Director, Public Relations, Americas

JLL

One Post Office Square, Suite 3500

Boston, MA 02109

T +1 617 848 1572

M +1 617 543 4873

Kristen.Murphy@am.jll.com

 

jll.com

 

 

 

 

 

JLL Capital Markets leads the $45 millon financing efforts for Commerce 429 in Ocoee, FL

 

Melissa Rose

  ORLANDO, FL, Jan. 17, 2023 – JLL Capital Markets announced today that it has arranged $45.1 million in construction financing for the development of Commerce 429, a two-phase, eight-building, Class A industrial facility totaling 485,813 square feet in Ocoee, Florida, a municipality located within the greater Orlando MSA.

Michael DiCosimo

JLL worked on behalf of the borrower, McCraney Property Company, to secure the four-year construction financing.

 

The JLL Capital Markets team representing the borrower was led by Managing Director Melissa Rose, Director Michael DiCosimo and Analyst Mateo Bolivar.

 

“The lender provided a great execution, closing through a volatile time in the capital markets,” said Rose. “Construction financing for spec industrial project is still available for best-in-class sponsors developing premium projects in growth markets.”

 

The entire project will comprise eight buildings totaling over 485,000 square feet of Class A industrial space.

Mateo Bolivar

The first phase of the project consists of six rear-load buildings with sizes ranging from approximately 27,000 square feet to 131,000 square feet.

 

 The second phase of the project will consist of two rear-load buildings totaling approximately 76,000 square feet and 95,000 square feet, respectively.

 

Commerce 429 is located on an approximately 40-acre site at 1290 Ocoee Apopka Rd. The property has direct frontage on SR-429 and strong access to the Florida Turnpike, Orlando International Airport and the International Drive Corridor. The site is within four hours of every major MSA in Florida.

 

The property is located within Northwest Orange County, a high-performing industrial submarket of the Orlando MSA.

 

Northwest Orange County has seen outsized tenant demand relative to inventory, with current vacancy at 3.6% and 32% rent growth since 2020 - over twice Orlando MSA’s rent growth of 14% since 2020.

 

 

 CONTACT

 

Kristen Murphy

Director, Public Relations, Americas

JLL

One Post Office Square, Suite 3500

Boston, MA 02109

T +1 617 848 1572

M +1 617 543 4873

Kristen.Murphy@am.jll.com

 

jll.com

 

 

She Has a Deal Announces SHaDPitch Today’s Woman Participant Amina Gilyard James Buys 70-Room Quality Inn in Memphis, TN

 

Amina Gilyard James

McLEAN, VA, Jan. 17, 2023—Officials of She Has a Deal (SHaD), a real estate investment platform that creates new pathways to hotel ownership and development for women, today announced that 2022 SHaDPitch Today’s Woman competitor, Amina Gilyard James, acquired the 70-room Quality Inn in the Raleigh neighborhood of Memphis, Tenn. 

The price was not disclosed but was estimated at $4 million, according to several media reports.

SOLD: the 70-room Quality Inn
 in the Raleigh neighborhood
 of Memphis, TN

SHaDPitch is a hotel investment pitch competition launched in 2020 to catapult women on their journey to hotel ownership by facilitating the process for acquiring or developing a hotel and securing capital for the deal. 

 Located at 2855 Old Austin Peay Highway near Instates 40 and 240, the hotel is a short drive from downtown Memphis, Beale Street and AutoZone Park, home of the Triple-A Memphis Redbirds, and the Memphis International Airport.  

Tracy Prigmore

“I launched SHaD, and specifically the MasterClasses, to help women like Amina succeed," says SHaD founder, Tracy Prigmore.

 

 "It was important for me to share everything that I learned along the way and the things that I wish I would’ve known from the outset.

 

"To watch Amina go from taking our MasterClasses to competing in SHaDPitch 2022 and setting a goal to close a deal by the end of the year is to see my life’s work in action. I am so very proud of her. achievement. She earned it, and she closed the deal.”

Downtown Memphis, TN

“The SHaDPitch competition and its curriculum provide an invaluable inside look at the hotel industry,” James said.

 

“It provided a roadmap and extensive network that gave me foundational knowledge of the hotel acquisition and ownership space.

 

"SHaD prepared my company, Duke Ventures LLC, to make the smartest investment possible. We’re proud of the deal we made and optimistic about what the future holds for this property and our investors.”

Memphis International Airport

The Quality Inn marks Duke Venture’s third hotel, but its first as the sponsor and general partner.  The company targets select-service hotels throughout the Midwest and mid-Southern states. 

 

Duke Ventures plans to acquire two additional hotels over the next three to five years.

  

SHaDPitch 2023 is scheduled for April 27-28 in Bethesda, Md.  More information is located here. 

 

 The opportunity to participate in the 2024 SHaD Pitch cohort opens in April 2023 with two tracks—Today’s Woman (for experienced professionals) and Early Careerist (for newer professionals).  Additional information can be found here.

 

 

 CONTACT

 

Chris Daly

President

DG Public Relations

(703) 864-5553

chris@dalygray.com

www.dalygray.com