NewMark Merrill Companies Promotes Chuck Moore to Regional Property Manager

 Chuck Moore

 

 San Diego, CA (May 29, 2024) – NewMark Merrill Companies, Inc., a Calabasas, California-based retail shopping center owner and development company, is proud to announce the promotion of

Chuck Moore to the position of Regional Property Manager.

 

Moore has been an integral part of the NewMark Merrill team for nine years, previously excelling in roles such as Property Manager and Senior Property Manager before his current promotion.

Michael Mendez

“Chuck's promotion is a testament to his hard work, dedication, and deep understanding of our operations," commented Michael Mendez, Vice President of Operations – San Diego, NewMark Merrill Companies. 

“Chuck is an excellent team member, and we look forward to his further development as a leader, sharing best practices, and in general as an example of work ethic and accountability.”

 

In his new role, Moore will oversee the management of more than 1.5 million square feet of commercial real estate in San Diego County, specifically including notable shopping centers like Piazza Carmel and Grand Plaza.

 

John Hickman

"Chuck's commitment and impact on our team are evident. We look forward to supporting his continued growth into a more pivotal leadership role, and we know he will continue to make a positive impact for our clients." Commented John Hickman, Managing Director – San Diego Division, NewMark Merrill Companies.

 

Chuck Moore began his career in real estate managing small retail centers, industrial parks, and office buildings. His extensive experience in these areas laid a solid foundation for his understanding of property management, contributing to his expertise and success in managing larger commercial properties within NewMark Merrill Companies.

 

Chuck enjoys music, golf, and is a certified bourbon steward.

 

 

 

 

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.” NewMarkMerrill.com

 

 

 

 

JLL Capital Markets led the $5 million financing efforts for 330 South. Home Street. in Oceanside, CA

  

Emily Pohlman

SAN DIEGO, CA – JLL Capital Markets has arranged a $5.11 million refinancing for 330 S. Home St., a 21-unit multi-housing community in Oceanside, California.

 

JLL worked on behalf of the borrower, a joint venture between Westview Real Estate, led by Rob Perkins and Pace Properties, led by Matt Pace, to secure the three-year, fixed-rate loan through a regional bank.

 

Chris Collins

The property is approximately 30 miles north of Downtown San Diego in the North County submarket and has easy access to the San Diego Freeway and State Highway 78, as well as a nearby Amtrak station providing access to all of greater Southern California.

 

For residents that enjoy the coastal lifestyle, 330 S. Home St. is less than one mile from the beach and close to numerous restaurants, retail amenities, the Oceanside Pier and outdoor activities such as surfing, biking, hiking, boating and more.

 Rob Perkins

The property consists of 17 original units that were built in 1970 and renovated in 2023, as well as four newly constructed accessory dwelling units. Parking is available on-site and includes eight garage spaces.

 

Individual units average 715 square feet each and feature new kitchens with modern appliances and renovated bathrooms with high-end fixtures. On-site amenities include a surf shower, secure electric bike parking, common area grill and LA-inspired artwork featured throughout the community.

 

The JLL Capital Markets Debt Advisory team representing the borrower was led by Senior Director Chris Collins and Analyst Emily Pohlman.

 

Matt Pace

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, please visit JLL’s newsroom.

  

Contact:

 

 Kristen Murphy

 JLL Director

Public Relations

Phone: +1 617 543 4873

Email: Kristen.Murphy@jll.com

 

Hospitality Ventures Management Group (HVMG) Adds Three Hotels; Names Heidi Nielsen VP of Business Development

 Heidi Nielsen

  ATLANTA, GA, May 28, 2024 — Hospitality Ventures Management Group (HVMG), an Atlanta-based third-party hotel operator and investor, today provided results for the company’s first quarter of 2024, including the addition of three, new third-party hotel management agreements and above-industry average results in revenue per available room (RevPAR) and RevPAR growth. 

 Additionally, the company named

Heidi Nielsen vice president of business development.

            

Robert Cole

 “With the addition of these three hotels, HVMG remains on track to maintain 20% annualized growth,” said Robert Cole, president and chief executive officer. 

 

 “Year-to-date, we continue to outperform our competitors, providing additional value to our owners.  HVMG’s year-to-date RevPAR Index exceeds 110% up 3.5% YTD.  Our market share premium coupled with how much of the increase in total revenue flowed to GOP line has driven incremental asset value of hotels under management by approximately $60 million over the trailing 12-month period.”

 

The three new hotels include:

 

1.         The 30-unit (22 four-bedroom villas and eight single unit hotel rooms) Islands of Islamorada in Islamorada, Fla.

2.         The 158-suite Homewood Suites St. Louis Galleria in Richmond Heights, Mo.

3.         The 128-suite TownePlace Suites Brentwood in Brentwood, Mo.

Mike “Woody” Woodward

Heidi Nielsen Named VP of Business Development

 

“With nearly two decades of hospitality experience, Heidi has worked in virtually all markets, segments and classes of the industry, providing her with an unparalleled network and in-depth know-how that makes her the ideal candidate to help HVMG source and complete more deals,” said Mike “Woody” Woodward, EVP and chief growth officer.

 

A nearly 20-year hospitality veteran, Nielsen most recently was vice president of asset management and investments for Meyer Jabara Hotels, where she underwrote all potential deals, including new construction, acquisition and third-party management. 

 

 Previously, she was managing director for HVS Consulting and Valuation.  While there, she worked in markets across the U.S. and completed more than 1,500 assignments.  A regular panelist at industry events, Nielsen also has served as an executive board member of the College of Charleston’s HTMT program and is part of The Goldie Initiative mentorship program. 

 

 She received her Bachelor of Science in Business Administration with a concentration in Hospitality and Tourism Management from the College of Charleston.

 

 

Contact:

 

Chris Daly

Daly Gray, Inc.

703-435-6293

chris@dalygray.com

 

www.hvmg.com 

RKW RESIDENTIAL Makes Two Pivotal New Hires in Raleigh, NC Market

 

Michell Garcia-Brown 

Charlotte, NC - RKW Residential, one of the nation’s fastest-growing multifamily management firms, added two key new hires to accommodate its continued growth in the Raleigh, North Carolina market. Jeff Vickers joined RKW as Area Vice President, and Michell Garcia-Brown is the firm’s new Regional Manager for the Raleigh market.

Vickers brings more than 25 years of multifamily experience to RKW, including more than a decade as Regional Director at Bell Partners. Over the course of his career, Vickers has successfully guided numerous lease-up teams, completed notable portfolio transactions that set pricing records in the markets they occurred in and managed multi-million-dollar capital improvement budgets for value-add assets – among other notable accomplishments.

 Jeff Vickers

Garcia-Brown has held various property management roles over the past 14 years in Virginia and North Carolina, including in the Raleigh-Durham and Charlotte markets. She is versed in new construction, lease-ups, Class A properties and value-add communities. Garcia-Brown has been recognized for her leadership and coaching abilities, building strong teams that are results driven.

Laura Rodriguez 

“We enthusiastically welcome Jeff and Michell to the RKW family,” RKW SVP of Operations Laura Rodriguez said. “Both will serve critical roles in a growth market for us. We look forward to leveraging their market knowledge, experience and skillsets for the benefit of our on-site teams and residents.”

RKW’s continued expansion resulted in the firm making the National Multifamily Housing Council’s 2023 and 2024 Top 50 Managers ranking, which is based on portfolio size.

CONTACT:

Angelic Bringas

Account Executive
abringas@boardroompr.com
C 786-202-5773
O 954-370-8999
Web | Facebook | Instagram | LinkedIn

Constellation Real Estate Partners and Northwestern Mutual acquire 75 acres in Orlando, FL

Sara Bravo

 ORLANDO, FL — Constellation Real Estate Partners, an investor and developer of logistics properties, in partnership with Northwestern Mutual, a leading financial services company,has acquired 75.08 acres of land located at 10195 Boggy Creek Road in Orlando, Florida for the development of Constellation Air Commerce, a three-building, 972,079-square-foot Class A industrial park.  Construction will begin in 2024 with completion scheduled for the third quarter of 2025.

Scott Alexander

              “Constellation is committed to finding opportunities in the Southeast in infill locations with high barriers to entry with Florida as a high priority,” said Scott Alexander, Partner at Constellation Real Estate Partners.  “Constellation Air Commerce Park will satisfy a wide range of space needs. With no available options of this magnitude in this submarket today, users are forced to periphery submarkets in lieu of this high performing and strongly preferred location.”

              Within the park, Building 100 (232,497 square feet) and Building 300 (283,580 square feet) will both have front park/rear load configurations and Building 200 (456,002 square feet) will have cross dock loading.   The project is designed to achieve LEED certification and will feature 36-foot clear heights, multiple points of ingress/egress with full circulation, significant trailer parking, ESFR sprinkler systems, and LED lighting. Constellation Air Commerce can accommodate a wide range of users from 40,000 square feet to 456,002 square feet. Constellation Air Commerce was designed by C4 Architecture and Florida Engineering Group.

Brandt Foster

“Our investment in Constellation Air Commerce is an example of Northwestern Mutual’s commitment to pursuing new development opportunities to continually enhance our real estate portfolio and deliver value to our policyowners,” said Brandt Foster, director of Northwestern Mutual Real Estate. 

Constellation Air Commerce is ideally located in a premier Southeast submarket with proximity to State Road 528, SR 417 and the Florida Turnpike which provides excellent East to West and North to South connectivity throughout adjacent communities as well as the Orlando MSA and direct access to Orlando International Airport.

Jared Bonshire,

Jared Bonshire, David Perez, Taylor Zambito, Ryan Hubbard, Sara Bravo, and Jasmine Yarbrough with Cushman & Wakefield have been appointed as the leasing agents for the project. 

David Perez

About Constellation Real Estate Partners

 Jeremy Giles

Founded by Jeremy Giles and Hien Le, Constellation Real Estate Partners specializes in the investment and development of logistics properties throughout Southeastern and Southwestern United States.  

The company focuses on three core competencies: speculative development, build-to-suit development, and value-add acquisitions.  Established in 2021, Constellation Real Estate Partners has rapidly emerged as a stable and thriving player in the industry, backed by a team rich in capabilities and expertise.  

 Hien Le

Its principals have over 125 years of combined experience, have invested over $25 billion in industrial real estate, and developed over 100 million square feet.  For more information, plrase visit www.constellationrep.com.

 

Contact:       David Ebeling

                      Ebeling Communications

                      (949) 278-7851

                      david@ebelingcomm.com

Atlas Real Estate Partners Expands Leadership Team to Fuel Growth Strategy

 Brad Schwartzmann

 NEW YORK, NY and MIAMI, FL – May 22, 2024 – Atlas Real Estate Partners, a leading private multifamily investment and development firm, positions itself for continued growth by welcoming Brad Schwartzmann as Senior Vice President of Asset Management and promoting Zach Chilelli to Vice President of Investor Relations.

“Fueled by the long-term tailwinds within the multifamily sector and continued growth of the firm, these appointments position Atlas for a strong future,” said Alex Foster, Managing Partner and Co-founder of Atlas. “The expansion of the team ensures we continue to execute on the most attractive opportunities in the multifamily market, while also delivering exceptional value to our investors.”

Zach Chilelli

Brad Schwartzmann 

will serve as Senior Vice President of Asset Management at Atlas Real Estate Partners based out of the Miami office.

 In this role, Brad has direct oversight of all facets of asset management and portfolio optimization across the company’s holdings.

Prior to joining Atlas, Brad was the Senior Vice President and Head of Asset Management at One Real Estate Investment, a real estate private equity firm in Miami. 

During his tenure at One, Brad played a pivotal role in the underwriting, financial modeling, due-diligence, and maximizing the value of a multifamily portfolio exceeding $2 billion (15,000 units) across Texas and the Southeast.

Zach Chilelli is being promoted to Vice President of Investor Relations and is responsible for fundraising, expanding the firm’s investor base, serving the needs of existing investors, and investment reporting. He is based out of the New York office. 

 Alex Foster

Prior to this position, he was a core team member of the Atlas finance and operations team, assisting with accounting, tax, operations, and supporting the asset management function.

He has been responsible for implementing successful change management initiatives across the company that have increased efficiencies, both internally and externally, within various verticals of the business.

CONTACT:

Angelic Bringas
Account Executive
abringas@boardroompr.com
C 786-202-5773
O 954-370-8999
Web | Facebook | Instagram | LinkedIn

www.atlasrep.com.