Blake Rogers and Alex Caniglia return to JLL’s Capital Markets team

  

Alex Caniglia

 

 LOS ANGELES, CA, July 12, 2023 –  JLL Capital Markets announced today that Blake Rogers and Alex Caniglia have re-joined the firm as multi-housing investment sales producers.

 

Rogers will serve as a Senior Managing Director in the Los Angeles office and lead the greater Southern California multi-housing team while also joining the National Multi-housing Leadership Council.

Caniglia will join as a Managing Director in the San Diego office.

Blake Rogers

 Both Rogers and Caniglia have spent the last three years with Walker & Dunlop, focusing on multi-housing investment sales throughout Southern California.

 

 Prior to those roles, they both worked for JLL/HFF for over five years. Collectively, they have executed approximately $5.5 billion in multi-housing transactions throughout their careers.

 

Kevin MacKenzie

“We are thrilled to have Blake and Alex return to the JLL team,” said Kevin MacKenzie, Executive Managing Director and National Production Leader for JLL Capital Markets.

 

“This is a best-in-class team that further propels our multi-housing business, and we look forward to seeing them utilize their expertise in combination with the JLL platform to benefit multi-housing clients across Southern California.”

 

Managing Director Peter Yorck has led the growth of JLL’s Los Angeles multi-housing business for the last three years since re-locating from San Francisco. Yorck will shortly begin his transition and relocation to the Southeast to help lead JLL’s multi-housing investment sales efforts within the growing market.

Peter Yorck

Senior Managing Director Sean Deasy, based in Orange County, has been an integral part of JLL’s growth in the region over the last 12 plus years and will be transitioning to focus on other multi-housing growth initiatives outside Southern California.

 

 Along with this succession, Ryan Fitzpatrick will play a lead role in the Orange County and Inland Empire multi-housing sales business.

 

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.

Ryan Fitzpatrick 

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

For more news, videos and research resources, please visit JLL’s newsroom.

 CONTACT:

 

Jenna Sharp

JLL, Public Relations

Dallas, Texas

M +1 214 394 3356

Jenna.Sharp@jll.com    

 

Brittain Resorts & Hotels Names Christy Jernigan as New Chief Development Officer to Lead Portfolio Growth

 

Christy Jernigan

MYRTLE BEACH, SC, July 12, 2023--Brittain Resorts & Hotels (BRH), the leading full-service hospitality management company in the Southeast, today announced the addition of Christy Jernigan as chief development officer.

 

 Jernigan has more than 20 years of industry experience, most notably serving as the vice president of business development at Aimbridge Hospitality.

 

During her 16-year tenure, she played a pivotal role in expanding the company's portfolio to over 1,500 hotels worldwide.  Prior to that, she spent five years at Remington Hotels in various operational roles.

 

In her new role, Jernigan will lead all aspects of business development at BRH. Her primary focus will be expanding Brittain's third-party management platform by sourcing new deals, acquiring properties and spearheading efforts to expand the network of investment partners.

 

Matthew Brittain

“As we continue to accelerate our growth strategy and expand our portfolio, it was clear we needed to add a chief development officer to our leadership team,” said Matthew Brittain, CEO, BRH.

 

"Christy undoubtedly brings with her a proven track record of success, but also fits perfectly within our culture at BRH.”

 

 

 CONTACTS:

 

Chris Daly

President

DG Public Relations

(703) 864-5553

chris@dalygray.com

www.dalygray.com

 

 Patrick Norton

 Vice President of Sales & Marketing

(843) 282-7359

Patrick.norton@brittainresorts.com

BrittainResorts.com.

Ware Malcomb Promotes Sergio Valentini to Principal in Los Angeles, CA Office

Sergio Valentini

 

LOS ANGELES, CA, July 11, 2023 – Ware Malcomb, an award-winning international design firm, today announced Sergio Valentini, AIA has been promoted to Principal in the Los Angeles office. In this role, Valentini is responsible for the continued leadership and growth of the office.

 “Sergio has led the continued growth and diversification of our Los Angeles office,” said Radwan Madani, Vice President, Operations for Ware Malcomb.

Radwan Madani

 

 “He’s been instrumental in helping our team win cutting-edge, high-profile design projects in a highly competitive market, offering diverse services and product type expertise.” 

Valentini joined Ware Malcomb in 2019 as Studio Manager, Architecture. In 2020, he was promoted to Director, Architecture and in 2021, he landed his most recent role of Regional Director prior to this promotion.

Politecnico di Bari university in Bari, Italy.

 A licensed architect, his 20 years of experience leading large international projects from early concept stage through construction administration have helped the Los Angeles office develop a diverse portfolio across industry sectors.

  He also led Lowe’s recent Violet project, a nine-story creative office in the LA Arts District and the NAIOP SoCal 2023 Mixed-Use/Retail Project of the Year.

Valentini received Bachelor and Master of Architecture degrees from Politecnico di Bari university in Bari, Italy.

 He is active in the industry with various professional associations, and is a member of the Royal Institute of British Architects (RIBA) USA Board.

 Contacts: 

Rachel Devany

VP Public Relations

 KCOMM for Ware Malcomb

rachel@kcomm.com

 

Maria Rodgers,

Director, PR & Communications, 949.660.9128

 mrodgers@waremalcomb.com

 

Maureen Bissonnette,

 Principal, Marketing, 949.660.9128

 mbissonnette@waremalcomb.com

 

waremalcomb.com

 

 

 

 

JLL Capital Markets arranges the sale of Prairie House assisted living and memory care community in Broken Arrow, OK

  

Hope Brunner

DALLAS, TX, Jul. 11, 2023 –  JLL Capital Markets announced today it has arranged the sale of Prairie House, a 105-unit assisted living and memory care community located in the growing Tulsa suburb of, Oklahoma. The price was not disclosed.

Prairie House, Broken Arrow, OK

JLL represented the seller, Prevarian Senior Living, and procured the buyer, TUL ALF 3, LLC.  Prairie House will be managed by Legend Senior Living, an affiliate of the buyer.

The JLL Capital Markets team was led by Managing Director Charles Bissell with support from analysts Zach Brantley and Hope Brunner.

Charles Bissell 

Prairie House consists of 73 assisted living units, ranging from studio to two-bedroom units, and 32 studio memory care units.

Built in 2016, the facility features extensive common areas for the use and enjoyment of residents and visitors, including two landscaped courtyards, activity rooms and spacious lounges.

Located at 2450 N Stone Ridge Dr., the property is well situated with frontage on East 61st St. South on a site that is part of the 40-acre Ascension St. John Broken Arrow Hospital campus.

The property is the only senior living facility developed in collaboration with St. John Broken Arrow, giving residents unmatched access to both preventative and acute care.

Zach Brantley

For more news, videos and research resources, please visit JLL’s newsroom.

 

 Contact: 

 

Alli Semans,

 Public Relations, Associate

Phone: +1 330 329 6750

Email: Alli.Semans@jll.com

jll.com. 

prevarian.com

 

JLL’s Retail Capital Markets group executes over $3 billion in financings YTD 2023

 Claudia Steeb

  

Although uncertainty within the capital markets remains, lenders are demonstrating strong interest in providing financing to retail properties

 

CHICAGO, IL, July 10, 2023 – Despite rising interest rates and the everchanging capital markets landscape, JLL’s Retail Capital Markets team has announced its execution of over $3 billion in retail financings through year-to-date 2023, demonstrating an ability to secure lender interest for well-located retail centers.

Wally Reid

“After recently solidifying our 2022 spot as the top overall debt intermediary by Mortgage Banking Association, we are pleased to see the success for the JLL Capital Markets debt platform thus far in 2023,” said Wally Reid, Senior Managing Director.

 “We look forward to JLL advancing as a major player in debt advisory financing as we continue to execute deals across all lender and asset types in the second half of the year.”

 

According to JLL’s Q1 2023 Outlook, regional and local banks remained the most active lender in retail with 44% of total transactions, followed by life companies with 20%.

CMBS lenders have reemerged as an active participant in the retail sector. Additionally, retail has been one of the largest property types in several CMBS deals that have priced this year.

 

“Retail assets that have survived throughout the past several years—or those with supportable redevelopment plans—as well as have strong and experienced sponsorship willing to commit necessary capital, continue to be attractive to lenders,” said Senior Managing Director Claudia Steeb, who has led the financing efforts for several top transactions.

 

“Understanding current lender or rating agency underwriting requirements and gaining sponsorship acceptance of these terms remain essential in successfully securing financing, especially for the larger retail properties.”

 

JLL Capital Markets’ top retail debt transactions for 2023 include:

 

·         The $425M refinancing of Miracle Mile Shops in Las Vegas, NV

·         The $290 million refinancing of Bergen Town Center in Paramus, NJ

·         The $275 million refinancing of Westfield Galleria at Roseville in Roseville (Sacramento), CA

Legacy Place, Boston, MA

·         The $190 million refinancing of Legacy Place in Boston, MA

·         The $42 million refinancing of Promenade at Coconut Creek in Coconut Creek, FL

 

Additionally, the JLL Retail Capital Markets platform is currently executing a wide array of financing of retail centers, ranging from unanchored strip centers to super regional enclosed malls.

Promenade at Coconut Creek in Coconut Creek, FL

“Despite prevailing challenges in the broader credit markets, liquidity is intact for high-quality real estate across asset types,” said Senior Managing Director Brett Paulsrud, Co-Head of JLL Capital Markets’ Boston Office and deal team member for Legacy Place and Promenade at Coconut Creek.

 Brett Paulsrud

 “Retail fundamentals remain very strong on a national level, and as a result, lenders of all types remain active deploying capital into the space.”  

“We continue to see retail in a favorable position for financings as the fundamentals prove to be solid. Retail is now finding liquidity that was otherwise dedicated for other asset classes,” added Senior Managing Director Scott Aiese, who executed the refinancing of Bergen Town Center.

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.

Scott Aiese

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, Public Relations

Dallas, TX

M +1 214 394 3356

Jenna.Sharp@jll.com    

 

 jll.com.