Dream Finders Homes Now Selling in Phase 4 of St. Augustine’s Beacon Lake Community

 

Stockton model at Beacon Lakes Phase Four
near St. Augustine, FL

ST. AUGUSTINE, FL – Dream Finders Homes is now selling single-family homes for 53- and 63-foot-wide lots in Phase 4 of the Beacon Lake community on County Road 210 between Interstate 95 and U.S. Highway 1.

                                            

Brad Muston

Brad Muston, the company’s Jacksonville Division President, said the wider lots will allow Dream Finders Homes to “build some of our more popular floor plans like the Stockton.”

Muston said Dream Finders builds 11 one and two-story floor plans from 1,613 to 3,285 square feet, with from three to five -bedroom homes  priced from the mid-$400,000s in the sprawling nautical-themed nature preserve community of more than 350 acres.

 

Amenities at Beacon Lake include an 8,200-square-foot clubhouse and fitness center, a resort-style pool with slides and other water activities for children, a sandy beach, tennis courts, a fire pit, playground, and an entertainment lawn.

 

53- and 63-foot-wide lots in Phase 4 of the Beacon Lake community on County Road 210 between
Interstate 95 and U.S. Highway 1
near St. Augustine, FL

The community also features miles of sidewalks with bike racks and pocket parks, and a 43-acre lake for swimming, canoeing, kayaking and paddleboard enthusiasts.

 

For more information, please visit www.dreamfindershomes.com or call 888-208-7736. 

 

CONTACTS:

 

Brad Muston, Division President, Dream Finders Homes,

888-208-7736 

Brad.Muston@dreamfindershomes.com

 

Alesha Gan, Marketing Coordinator, Dream Finders Homes, Alesha.Gan@dreamfindershomes.com

 

Beth Payan, Larry Vershel Communications,

407-461-3781;

 beth@larryvershel.com

 

Lee & Associates South Florida Adds Todd Cohen as Principal

Todd Cohen

 MIAMI, FL and DEERFIELD BEACH, FL– Lee & Associates South Florida continues to expand its market-leading team of talented commercial real estate brokers, with industry veteran

Todd Cohen joining the firm as Principal.

 

Cohen will maintain his established TCC Advisors brand and integrate it into Lee & Associates South Florida.

 

Cohen will split time between the firm’s Miami and Deerfield Beach offices and focus on investment sales throughout Florida and nationally. He has more than 25 years of commercial real estate investment expertise with knowledge, understanding and appreciation of every facet of the industry.

 

Matthew Rotolante

“Todd is a top-tier commercial real estate broker who has consistently produced strong results throughout his career,” Lee & Associates South Florida President Matthew Rotolante said. “He recognized the unique opportunity our platform provides, with a national referral network, robust marketing support and a powerful culture.”

 

Prior to founding TCC Advisors, Cohen worked as Managing Director of Coldwell Banker Commercial (CBC) Advisors, South Florida; Senior Agent at Marcus & Millichap; and Vice President of Acquisitions and Dispositions at Stolz Real Estate Partners in Philadelphia.

Throughout his career, Cohen has negotiated the purchase and sale of commercial real estate across all asset classes, valuing more than $2 billion.

 

At Marcus & Millichap, he was responsible for some of the Miami office’s largest transactions and earned key sales awards.

 

At Stoltz, Cohen helped establish the first real estate fund and was responsible for acquisitions and dispositions of more than $1 billion in commercial assets.

 

“I am thrilled to join Lee & Associates South Florida, which is building something truly special in the brokerage industry,” Cohen said. “Aligning with my personal values and standards of excellence, the firm has the leadership, resources and reach to advance TCC Advisors in a way that will further empower my clients. It’s an exciting new chapter for us all.”

Cohen graduated summa cum laude from Duke University and earned his Master of Business Administration (MBA) in Real Estate and Finance from New York University’s Stern School of Business. 

 

He and his family are actively involved in numerous charities and nonprofit organizations including, the Holocaust Memorial Miami Beach, Humane Society of Greater Miami and Jewish Community Services South Florida.

About Lee & Associates | South Florida

Lee & Associates | South Florida is a fully vertical commercial real estate brokerage firm focused on industrial, office, retail, multifamily, investment and land sectors. Our dedicated team of professionals is led by Matthew Rotolante, CCIM, SIOR a 4th generation South Florida native in a family that has owned and operated commercial property here since 1928.

  

 For the latest news from Lee & Associates South Florida, please visit leesouthflorida.com or follow us on Facebook, LinkedIn, Twitter and Instagram, our company local news.

 

 

 

 CONTACT:

 

Eric Kalis

Vice President,

 BoardroomPR

ekalis@boardroompr.com

O 954-370-8999 

C 305-794-5123

 

JLL Capital Markets arranges $29 million sale of Cape Cod land and the $18 million acquisition financing for the 19-acre Chases Ocean Grove in Dennisport, MA

Martha Nay 

 

 BOSTON, MA – JLL Capital Markets has closed the $29.15 million sale of and arranged the $18.288 million in first mortgage acquisition financing for Chases Ocean Grove, a 19.2-acre piece of land that is encumbered by 277 individual ground leases improved with seasonal cottages located within Cape Cod in Dennisport, Massachusetts.

Kellie Coveney

JLL represented the seller, Chases Ocean Grove, and procured the buyer, Old Wharf Dennis LLC. Additionally, JLL and Faros Properties worked on behalf of the new owner to secure the five-year, fixed-rate loan through Webster Five Cents Savings Bank.

 Alan Suzuki

Situated at 217, 218, 220, 230, and 241 Old Wharf Rd., the property offers 1,000 feet of beach front access along Nantucket Sound on the south side of Cape Cod.

 

The property is in Dennisport off of Route 28, providing easy access to other locations on Cape Cod.

 

Dennisport is a census-designated place (CDP) within the town of Dennis, a village located in Barnstable County. It shares a western border with West Dennis, and West Harwich lies directly to Dennisport’s east.

Matt Enright

Route 6, the Cape’s main throughway, is just a short distance away. The property is strategically located amongst many key amenities, including a Shaw’s, a Library, Cape Cod Hospital, Handkerchief Way Beach and Haigis Beach.

 

The JLL Capital Markets Investment Sales and Advisory Team was led by Managing Directors Martha Nay and Alan Suzuki, Senior Director Matt Enright and Director Kellie Coveney. The JLL Capital Markets Debt Advisory team was led by Senior Director Jonathan Schneider.

 

“This trade is a strong example of a buyer who recognizes the specialness of Chases Ocean Grove,” Nay said. “The seller has taken great care of the asset, fostering community over many decades.

Jonathan Schneider

"The buyer saw how unique the asset was and jumped at the opportunity to be a part of this irreplaceable asset.  We are grateful the buyer trusted JLL with this incredible asset and transaction.”

 

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 and advisory, debt advisory, equity advisory or a recapitalization.

 

 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.

 

 

CONTACT:

 

Jenna Sharp

JLL

M +1 214 394 3356

JLL.com

 

Pioneering BFR developer Wolfson Development announces the final Cantabria sale in Bradenton, FL to an institutional buyer affiliate for $59 million.

 

 Adam Wolfson

Bradenton, FL, May 05, 2023 — Wolfson Development Co., the first large scale BFR developer in the state of Florida, announces the last unit sale in their Cantabria BFR facility in Bradenton, FL to an institutional buyer, a Wolfson Development affiliate, for $59 million.

 

(Build-for-Rent, BFR,  properties, a sub-segment of the Single-Family Rental market, SFR, are purpose-built housing to be operated as single-family rental investments. This increasingly popular concept within the multifamily industry currently makes up an estimated 10 percent of new homes built in the U.S., according to industry builders)

As the lead and managing partner of the project, Wolfson Development built Cantabria Bradenton in conjunction with Lennar, one of the largest publicly-traded home builders in the US.

 

The project appeals to the influx of renters requiring more living space and amenities than  traditional apartments without the hassle and hurdles associated with  home ownership.

“Wolfson Development is dedicated to  expanding its pipeline across the US with a heavy focus on states exhibiting high population and job growth and lower tax environments— especially our home state of Florida," said Adam Wolfson.

 “The Cantabria project in Bradenton is a testament to that commitment and we’re more than excited to announce the completion of the last unit sales.”

Cantabria, Bradenton sits on 36 acres in the increasingly populated town of Bradenton, FL. Cantabria is a purpose-built rental community of 184 units— 172 attached townhomes and 12 detached single-family homes.

 

The three and four bedroom single family and townhouse units are equipped with attached garages and state-of-the-art amenities such as a clubhouse, fitness center, pool, walking trails, picnic areas and private yards.

 Wolfson Development has a pipeline of nearly 2,000 units, including this transaction, and nearly $1 billion in exit value. The deal was made in partnership with Transcendent Investment Management and Dan Armistead.

 

Founded in 2012, Wolfson Development has shifted to a nearly exclusive BFR focus since 2017. Today, Wolfson Development has a full-time focus on solving the now multi-generational challenges caused by the persistent undersupply of both rental and for-sale housing.

 

 

CONTACTS:

 

John Carter

jcarter@arrocomm.com 

wolfsondevelopment.com

 

 

Mark IV Capital Expands C-Suite to Grow Developments in Western Markets

 

Justin Basie

 Newport Beach, CA, May 4, 2023 – Mark IV Capital, a private investment firm with a nearly 50-year history of commercial real estate investment and development, as well as venture capital, has announced the expansion of its C-suite to grow its industrial and mixed-use developments in many of its seven markets across five U.S. states.

 

The firm has appointed Justin Basie as President of Real Estate to oversee this initiative, as well as the acquisitions, dispositions, and asset management of its real estate portfolio.

 

“The opportunity for state-of-the-art properties continues to grow exponentially in the Western U.S., particularly in our markets across Nevada, Arizona, Colorado, Texas, and Northern California,” says Evan Slavik, CEO of Mark IV Capital.

 

Evan Slavik

“Justin is poised to meet and exceed our growth targets while nimbly adapting to market shifts – a skill he has demonstrated consistently over his nearly 20-year career in development and capital investment.”

 

Basie will oversee all of Mark IV Capital’s investment markets, a move that reflects the strong demand the company is seeing for its projects, primarily its 4,300-acre ‘Victory Logistics District’ in Reno, and 65-acre mixed-use development ‘The District’ in the Austin metro, among others.

 

 “Local and community impact is a major focus as we advance our business goals in the markets we serve,” Basie explains. “We build to LEED and WELL standards, and also invest in Opportunity Zones, partner with local organizations to help regional workforces, and are active in our pursuit of charitable fundraising.”

 

Contacts:

 

Kai Liburd or Jenn Quader

The Smart Agency 

(949) 438-6262 

kliburd@thesmartagency.com

 

 www.MarkIV.com

Donohoe Hospitality Services Names Angela Bethea Executive Chef of Cambria Washington, DC Capitol Riverfront’s RowHouse Restaurant and Perch SW Rooftop Bar

 Angela Bethea

 

 BETHESDA, MD, May 2, 2023 – Che’ McKissic, corporate beverage director of Donohoe Hospitality Services (DHS), a division of Donohoe, today named Angela Bethea executive chef at RowHouse restaurant and Perch SW, the rooftop bar & lounge that sits atop the Cambria Hotel Washington, D.C. Capitol Riverfront. 

 Che’ McKissic

In her new role, Bethea will oversee, implement and regularly update the food & beverage program for the select-service hotel located within walking distance of Nationals Park, home of the Washington, D.C. Major League Baseball team.

Smoke & Mirrors, a rooftop bar and restaurant
 atop the AC Hotel in Washington, D.C. 

“Chef Bethea's extensive culinary background will enhance the experienced team already in place at RowHouse and Perch SW," McKissic said. 

 

"She brilliantly combines the different flavors of Mexican and Southern Soul to create innovative and flavorful dishes that will elevate Perch's menu.  

the Nest restaurant, Seattle, WA 

"Drawing inspiration from a childhood spent cooking and grilling with fresh food from the garden, Chef will set a new standard for top notch cuisine in Southeast D.C."

 

Bethea most recently served as executive chef at Smoke & Mirrors, a rooftop bar and restaurant atop the AC Hotel in Washington, D.C. 

 

 Prior to that, she held multiple culinary positions within the hospitality industry, including executive sous chef at the Four Seasons Baltimore, as well as sous chef at the Thompson Hotel and restaurant chef at the Nest, both in Seattle. 

Four Seasons Baltimore

Working through the pandemic, Bethea built new concepts while addressing the constantly changing restrictions that best supported guest needs. 

 

With a culinary arts degree from the Seattle Culinary Academy, she also is a member of both the Quillisascut Chefs of Color and Women Chefs and Restauranteurs.

 

 

CONTACT

 

 Chris Daly, media

(703) 864-5553

chris@dalygray.com

www.donohoe.com/hospitality.