Annaly Capital Management, Inc. Announces Preferred Dividends

NEW YORK, NY, Aug. 11, 2015--(BUSINESS WIRE)-- In accordance with the terms of the 7.875% Series A Cumulative Redeemable Preferred Stock (“Series A Preferred Stock”) of Annaly Capital Management, Inc. (NYSE:NLY) (“Annaly”), the Board of Directors of Annaly has declared a Series A Preferred Stock cash dividend for the third quarter 2015 of $0.492188 per share of Series A Preferred Stock.

This dividend is payable on September 30, 2015, to Series A Preferred Stock shareholders of record as of September 1, 2015.

For a complete copy of the company’s news release, please contact:

Annaly Capital Management, Inc.

Investor Relations

1-888-8Annaly

www.annaly.com

Marcus & Millichap Arranges Sale of villas of Pembroke Pines in Pembroke Pines, FL

  

Adam Duncan

PEMBROKE PINES, FL  – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Villas of Pembroke Pines, a 40-unit apartment property located in Pembroke Pines, Fla., according to Ryan Nee, regional manager of the firm’s Fort Lauderdale office.

The asset sold for $3,180,000 equating to $79,500 per unit.

Adam Duncan, a senior associate, Joseph P. Thomas, a vice president investments and Derek Soven, an associate, in Marcus & Millichap’s Fort Lauderdale office, represented the seller, a private investor from Sewalls Point, Fla., and the buyer, a private investor from Hallandale Beach, Fla.

“We were able to generate multiple offers through our marketing process and ultimately closed at our asking price,” says Duncan. 

Joseph P. Thomas

“The buyer was able to add to their footprint in Southern Broward County allowing for continued growth of their portfolio with the acquisition” Thomas added. 

The Villas of Pembroke Pines consist of two, two-story multifamily buildings totaling 40 units located just east of Florida’s Turnpike, south of Pembroke Road. 

The property offers an excellent unit mix including 32 one-bedroom apartments and eight two-bedroom apartments. The units feature spacious floorplans with ceramic tile flooring, electric appliances, walk-in closets and central air-conditioning.

The property is located at 6601 and 6661 SW 18th Street near many area schools and colleges, including a number of flight schools, Florida International University, Broward College, Pembroke Pines Elementary School, West Hollywood Private School and Flanagan High School. 

For a complete copy of the company’s news release, please contact:

Ryan Nee

Regional Manager

 Fort Lauderdale, FL

(954) 245-3400

ACME Furniture, Convey Health Solutions and Florida PACE Centers Lease a Combined 134,000 Square Feet of Space at Miramar Park of Commerce in Miramar, FL

Maridee Bell

MIRAMAR, FL (Aug. 11, 2015) – Three companies have signed leases totaling 134,000 sq. ft. at the Miramar Park of Commerce, the largest locally owned and managed Business Park in South Florida. They are:

ACME Furniture, a national corporation with eight warehouses across the United States, has leased 70,164 square feet of warehouse space in MPC 29-A, 9641-9633 Premier Parkway. 

The warehouse will double as a distribution facility for the company’s vast furniture and home furnishing selections. 

Representing the Park in the transaction were Maridee Bell and Ryan Goggins of Sunbeam Properties and representing ACME Furniture was Maurice Pardo and Rafael Villamizar of Vertical Strategies.

Convey Health Solutions, Inc., a large-scale solution provider of health insurance processes for more than a decade, has leased 51,863 square feet of office space in MPC-12B at 2900 N. Commerce Parkway. The office space will be utilized for health insurance enrollment, processing and billing. Representing the Park in the transaction were Bell and Goggins and representing Convey Health Solutions was Ryan Nunes and Scott Allen of CBRE.

Ryan Goggins

Miami Jewish Health Systems has leased 12,538 square feet of space at the Miramar Park of Commerce to establish its fourth Florida PACE Center, located at 2814 Corporate Way. Florida PACE is a comprehensive program responsible for all acute and long-term care services for more than 575 seniors on Medicaid and Medicare, at home or in healthcare facilities. 

Representing the Park in the transaction were Bell and Goggins and Ken Barber and Phyllis Baker of Trion 1 Ventures, Inc. acted on behalf of Miami Jewish Health Systems/Florida Pace.

This year the Miramar Park of Commerce, consisting of more than five million square feet of warehouse, flex and office space, is celebrating 30 years of serving the community since it first broke ground in 1984.  The Park is currently leased at a record 97 percent.

  

For more information, contact Ryan Goggins (rgoggins@wsvn.com) or Maridee Bell (mbell@wsvn.com) at 10212 USA Today Way, Miramar, FL 33025 or call 954-450-7900.

For a complete copy of the company’s news release, please contact:

954-776-1999

Pierson Grant Public Relations

Maria Pierson, ext. 222 mpierson@piersongrant.com

Lexi Robinson, ext. 255 lrobinson@piersongrant.com

Stirling Sotheby's International Realty is Marketing all New Waterfront Custom Built Homes at The Peninsula at Island Lake in Longwood, FL

Artist’s rendering of The Murano one of the luxury homes by Oakwood Construction and Development available at The Peninsula at Island Lake in Longwood, FL

LONGWOOD, FL -- Stirling Sotheby’s International Realty was named sales and marketing agents for The Peninsula at Island Lake, an exclusive enclave of 11 waterfront and conservation view home sites in Longwood.

Marisol Santiago Soderstrom and Little Friend

Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, said the custom home sites in the private gated community range from one-half acre to more than one acre and are priced from $95,000 to $115,000. 

Within the first two weeks of project launch, Soderstrom said three of the homesites with custom homes have already been sold.   Custom home prices including lots range from the $400s to the $700s.

International Luxury Home Specialist Marisol Santiago Soderstrom is representing the property. 

The Peninsula at Island Lake is a signature development of Oakwood Construction and Development who is also developing the luxury Palermo Vista villa community in the Longwood-Lake Mary area. 

To view a property brochure, visit www.PeninsulaAtIslandLake.com

For a complete copy of the company’s news release, please contact:

Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142 Lvershelco@aol.com

Emerson International Negotiates Long Term Lease with Millers Ale House at Major Plaza II in Southwest Orlando, FL

Kenneth Koch

ORLANDO, FL --- Emerson International recently negotiated a long-term lease agreement for 18,944 rentable square feet at Major Plaza II, located at 5750 Major Center Blvd. west of Kirkman Rd. near International Drive.

Kenneth Koch, director of leasing, negotiated the transaction on behalf of Emerson, the landlord of the Major Plaza office development. 

Millers Ale House is the new tenant who leased the entire 4th Floor of the 84,000 square foot mid-rise office building for its new corporate administrative offices.  

Millers Ale House, a casual sports bar-themed restaurant, has 70 locations across the US.  Joe Hills of Jones Lang LaSalle represented the tenant.

Emerson International is a wholly owned subsidiary of The Emerson Group, the global corporation that is one of the largest privately-owned property development companies in the U.K. 

For a complete copy of the company’s news release, please contact:

Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142 Lvershelco@aol.com

WNC provides $3.2 million in LIHTC equity to fund Hi-Lake Triangle Apartments, a new 64-Unit Affordable Senior Housing Community in Minneapolis, MN

  

Michael Gaber

MINNEAPOLIS, MN – Aug. 11, 2015 – WNC, a national investor in real estate and community development initiatives, announced today the completion of Hi-Lake Triangle Apartments, a newly constructed 64-unit affordable senior housing community in Minneapolis.

 WNC provided approximately $3.2 million in low-income housing tax credit (LIHTC) equity to fund the new development.

“WNC is pleased to have participated in the development of Hi-Lake Triangle Apartments, delivering new, affordable senior housing to an area, and a nation, in desperate need,” said WNC Executive Vice President and Chief Operating Officer Michael Gaber.

“We are thrilled to help deliver this new community, providing many high quality amenities to its residents.”

Hi-Lake Triangle Apartments is a six-story building comprised of 53 one-bedroom and 11 two-bedroom units.

 Located at 2230 E. Lake St., approximately 3 miles from downtown Minneapolis, the elevator-serviced community is part of a mixed-use development containing 5,385 square feet of ground floor retail space.

For a complete copy of the company’s news release, please contact:

Julie Leber

Spotlight Marketing Communications

949.427.5172 ext. 703

julie@spotlightmarcom.com

www.wncinc.com.

Conor Commercial and Globe Corporation Announce Launch of AZ|60 Industrial Development in Gilbert, AZ

Rendering of planned AZ|60 Industrial Development, Gilbert, AZ

          PHOENIX, AZ  – Joint venture partners, Conor Commercial Real Estate, a member of The McShane Companies, and Globe Corporation, are pleased to announce the acquisition of a 16-acre land parcel for the development of AZ|60 – a new two-building, 225,600 square foot industrial project.

Bill Honsaker

 Available for-sale or lease, the speculative facilities will offer modern design and flexible configurations to meet the growing demand within Gilbert’s booming industrial sector.  The venture will break ground in October with occupancy slated for April 2016.

AZ|60 is located within Fiesta Tech Center on the northeast corner of Desert Lane and Colorado Street, near the intersection of Arizona Avenue and Baseline Road in the Town of Gilbert, Arizona.

  Located 20 miles from downtown Phoenix, the site offers substantial transportation cost savings to industrial users with its close proximity to U.S. Route 60 just one mile away and the Loop 101 three miles away.

For additional information about AZ|60, please contact Steve Larsen (602.282.6296 or steve.larsen@am.jll.com) or Bill Honsaker (602.282.6267 or bill.honsaker@am.jll.com). 

For a complete copy of the company’s news release, please contact:

Stacey Hershauer

focusAZ

Marketing & Public Relations

(480) 600-0195

www.focusaz.com

www.conorcommercial.com.

BKM Capital Partners Secures 29 Leases in Las Vegas Industrial Assets

  

Cheyenne Technology Center, Las Vegas, NV

Las Vegas, NV (Aug. 11, 2015) – BKM Capital Partners, an institutional fund manager with a niche focus on value-add, multi-tenant industrial investments, has announced the completion of 29 leases in three of its Las Vegas industrial assets.

Matthew Stephenson

“The Las Vegas industrial market has leapt into action, and our investors are reaping the benefits,” notes Matthew Stephenson, Director of Asset Management for BKM Capital Partners. 

“When we acquired these assets in 2014, the industrial vacancy rate was approximately 11 percent.  At the time, we recognized the potential in the market, and we anticipated that vacancy would tighten rapidly.”

BKM, an investment management firm that specializes in the redevelopment, operation, and ownership of multi-tenant industrial assets throughout the West has proven to have strong instincts in acquisition targets in the current market according to Stephenson.

For a complete copy of the company’s news release, please contact:

Jenn Quader

Brower, Miller & Cole

(949) 955-7940

jquader@browermillercole.com

www.bkmcapitalpartners.com.

  

Regency Centers Announces Pricing of $250 Million Unsecured Notes due 2025

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Regency Centers Corporation (“Regency” or the “Company”) (NYSE:REG) announced today that its operating partnership, Regency Centers, L.P., priced a public offering of $250 million 3.90% unsecured notes due 2025 (the “Notes”).

 The Notes are due November 1, 2025 and were priced at 99.264%. Interest on the notes is payable semiannually on May 1st and November 1st of each year, with the first payment on November 1, 2015.

The net proceeds from the sale of the Notes will be used to pay amounts outstanding under the Company’s line of credit. Settlement of the offering is subject to customary closing conditions and is expected to occur on August 17, 2015.

For a complete copy of the company’s news release, please contact:

Regency Centers Corporation

Patrick Johnson, 904-598-7422

PatrickJohnson@RegencyCenters.com

Maury L. Carter & Associates Closes Over $143 Million in Florida Land Deals Since 2012

Maury L. Carter (left) and Daryl Carter

 ORLANDO, FL -- Maury L. Carter & Associates, Inc. is pleased to announce the following commercial transactions:

Daryl M. Carter, Trustee of Carter-Lake Hart Land Trust, sold approximately 11 acres on the east side of Narcoossee Road in Orange County, Florida. The property was sold to Lake Hart Storage, LLC for $1,782,720. Daryl M. Carter represented the seller, and Stan Pietkiewicz represented the buyer.

Daryl M. Carter, Trustee of Carter-Flagler US 1 Matanzas Land Trust, purchased approximately 19 acres on US 1 in Flagler County, Florida. The property was acquired from Florida Landmark Communities, LLC for $1,800,000. Daryl M. Carter with Maury L. Carter & Associates, Inc. and Jeffrey R. Douglas with Douglas Property & Development, Inc. represented the buyer, and Palm Coast Holdings, Inc. represented the seller.

John Reich

Daryl M. Carter, Trustee of Carter-Orange 67 Hwy 441 Land Trust, purchased approximately 67 acres on Hwy 441 in Apopka, Orange County, Florida. The property was acquired from Florida Bank of Commerce for $825,000. Daryl M. Carter with Maury L. Carter & Associates, Inc. represented the buyer, and John Reich with Reich Properties represented the seller.

          

Joe McKinney with Maury L. Carter & Associates, Inc. represented the seller in the $625,000 sale of 1.14 acres on North Hancock Rd in Lake County. Clint Murphy with Murphy Land and Retail Service represented the buyer in the transaction.

Daryl M. Carter with Maury L. Carter & Associates, Inc. represented Chester C. Fosgate Company in the $3,100,000 sale of 3 commercial parcels at the intersection of Progress Blvd and Falkenburg Rd in Tampa, Florida. The parcels totaling 30.75 acres, were sold to Sadyne Investments, LLC. Florida Executive Brokers, LLC represented the buyer in the transaction.

Since January of 2012, Maury L. Carter & Associates, Inc. has completed over $143,000,000 in transactions on 15,178 acres of land.

Maury L. Carter & Associates, Inc. is an Orlando-based full service commercial real estate firm proficient in commercial real estate investments, asset management, brokerage, and development. The firm's officers combine more than 75 years’ experience in real estate investments and brokerage.

For a complete copy of the company’s news release, please contact:

Maury L. Carter & Associates, Inc.

3333 S. Orange Avenue, Suite 200, Orlando, FL 32806

407-422-3144

www.maurycarter.com

Stepp Commercial Completes $2.5 Million Apartment Property Sale in Santa Monica, CA

Kimberly Roberts Stepp

Santa Monica, CA, Aug.10, 2015 – Stepp Commercial, a leading multifamily brokerage firm in the Santa Monica market, has completed the $2.5 million sale of fully occupied, six-unit apartment property located at 1820 12th St. in Santa Monica.

Kimberly Roberts Stepp, principal with Stepp Commercial, represented the seller, a Los Angeles-based private investor. 

The buyer, Los Angeles-based 126 Company, was represented by MYI, Inc. The closing cap rate was an extremely low 3 percent and a per-unit price of $417,000.

Built in 1973, the property includes one, three-bedroom unit; and five, two-bedroom units.

“This property presented the buyer with an opportunity to reposition and add value to the asset which is situated on a quiet, tree-lined street that is undergoing a favorable amount of revitalization,” said Stepp.

“There are new condo developments that recently completed across the street and next door to this asset. This bodes well for property appreciation, as more capital flows into this well-located neighborhood.”

For a complete copy of the company’s news release, please contact:

Darcie Giacchetto

949.278.6224

HFF secures $14.25 million financing for 131-unit multi-housing property in suburban Denver, CO

Josh Simon

DENVER, CO, Aug. 10, 2015 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has secured $14.25 million in financing for the Phenix at Infinity Park II, a 131-unit, newly-renovated multi-housing property in Glendale, Colorado.

Working on behalf of Slipstream Properties of Glendale, Colorado, HFF placed the five-year, 4.36 percent, fixed-rate loan with two years interest only, followed by a 30-year amortization schedule with a CMBS lender.

 Loan proceeds were used to refinance the borrower’s acquisition and renovation bank loan, and to recapture a significant portion of its initial equity.

The Phenix at Infinity Park II is located at 4747 East Mississippi Avenue and 1001 South Dahlia Street approximately five miles southeast of downtown Denver.

 The HFF debt placement team representing the borrower was led by Josh Simon.

“The capital markets were very responsive to this financing request given the sponsor’s strong track record and the extensive investment in renovations at the property,” said Simon.  “We were able to accomplish the borrower’s goal of recapturing a majority of their equity despite a limited stable operating history.”

Peter Eklund with Slipstream Properties added, "Working with HFF enabled us to evaluate the full spectrum of debt offerings and select the one, which satisfied the bulk of our priorities.  The HFF team worked on our behalf to ensure a smooth close on a complex transaction."

For a complete copy of the company’s news release, please contact:

Olivia Hennessey

Public Relations Coordinator

HFF | 9 Greenway Plaza Suite 700 | Houston, Texas 77046

Berger Commercial Realty Brokers Close Sale of Court Park in Fort Lauderdale, FL for $960,000

Judy Dolan

FORT LAUDERDALE, FL (August 10, 2015) - Berger Commercial Realty brokers Judy Dolan and St. George Guardabassi recently facilitated the sale of a 3,440-square-foot free-standing office building located at 212 SE 8th S. in Fort Lauderdale.

Dolan and Guardabassi represented Court Park, Inc. in the sale of the property for $960,000 to Jerome Koomen of New River Executive Center, LLC.

Koomen functions as managing partner and advertising director of JWK Media Group and plans to use the building as a workplace for the print and digital advertising sales firm, which focuses on the pharmaceutical, insurance and financial industries.

Located on a 14,000-square-foot lot within walking distance of the Broward County Court House, the property features onsite parking, two HVAC units, accordion storm shutters on windows and multiple offices in varying sizes and layouts.

 It is situated in central downtown Fort Lauderdale between Andrews Avenue and S.E. 3rd Avenue with convenient access to US1, State Road 84, S.E. 17th Street, Davie Boulevard and Broward Boulevard. 

For a complete copy of the company’s news release, please contact:

954-776-1999

Lexi Robinson, ext. 255, lrobinson@piersongrant.com

Marielle Sologuren, ext. 226, msologuren@piersongrant.com

Arbor Appointed as Freddie Mac’s Latest Seniors Housing Lender

Ivan Kaufman

UNIONDALE, NY (Aug. 10, 2015) – Arbor Commercial Mortgage, LLC, a national, direct commercial real estate lender, today announced that is has been appointed as Freddie Mac’s newest Seniors Housing Lender.

  

“We are pleased to be able to partner once again with Freddie Mac, and this time as its newest seniors housing lender,” said Ivan Kaufman, Arbor’s Chairman and CEO.

 “With this loan product, we have significantly elevated our growing Seniors Housing and Healthcare Financing group and established it as one of the leading and most comprehensive sources for financing in the industry.

“This latest announcement also reflects a rapidly growing relationship between Arbor and Freddie Mac, one that began only 15 months ago with our Freddie Mac Program Plus® Seller/Servicer and then our Freddie Mac Small Balance Loan approval.

“We look forward to building upon the momentum our new partnership with Freddie Mac has produced and delivering the best financing solutions available for our clients.”

For a complete copy of the company’s news release, please contact:

Christopher Ostrowski

costrowski@arbor.com

Marcus & Millichap Elects Nine Senior Vice President Investments

  

CALABASAS, CA – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has named nine senior vice president investments, according to John J. Kerin, president and CEO.

      “The senior vice president investments designation is one of the highest achievements a Marcus & Millichap investment professional can attain,” says Kerin.

John J. Kerin

“This newly designated class of senior vice presidents investments, all previously first vice presidents investments, have demonstrated exemplary leadership and excellence in investment property sales, and are truly meritorious of this honor.”

       The 2015 senior vice president investment promotions were awarded to:

·         Eduardo U. Cerna, a multifamily specialist in Palo Alto, Calif.

·         Jerry Goldstein, a retail specialist in Houston, Texas

·         Douglas K. Mandel, an office & industrial specialist in Fort Lauderdale, Fla.

·         Richard J. Ringer, a multifamily specialist in West Los Angeles, Calif.

·         Steven J. Siegel, an institutional retail and net-lease specialist in Manhattan, N.Y.

·         Mark Taylor, an institutional retail and net-lease specialist in Philadelphia, Pa.

·         Dean Zang, an institutional retail and net-lease specialist in Washington, D.C.

·         Christopher J. Zorbas, an institutional multifamily specialist in San Diego

·         Alex D. Zylberglait an office & industrial specialist in Miami

 For a complete copy of the company’s news release, please contact:

Gina Relva

Public Relations Manager

(925) 953-1716