44 Iconic Hotels Inducted into Historic Hotels Worldwide in 2016

San Clemente Palace Kempinski Hotel, Venice, Italy

WASHINGTON, DC – Historic Hotels Worldwide® has added more than 44 historic hotels in 2016. Hotels approved for induction into the prestigious Historic Hotels Worldwide registry range from over 886 years old to 75 years old.

The 44 iconic hotels represent more than 11 brands, chains, and collections and include historic hotels from 11 countries, including 19 historic hotels in Mexico.

The oldest historic hotel inducted in 2016 is San Clemente Palace Kempinski, in Venice Italy, built in a former monastery including the sacristy of San Clemente Church, one of the oldest places of worship in Venice dating back to 1131.

Hacienda Labor de Rivera (1560) Guadalajara, México (AR)

Historic Hotels of Worldwide is an official program of the National Trust for Historic Preservation (United States of America) for recognizing and celebrating the finest Historic Hotels around the globe.

Historic Hotels Worldwide promotes heritage and cultural travel by featuring a prestigious collection of historic treasures including historic hotels and other historic lodging spanning more than 10 centuries across the globe.

 Twenty-five of the historic hotels are adaptive reuse (AR) historic hotels that have involved converting some or all of a historic building to a hotel. Originally, these buildings were built for another purpose in their history.  Many are operating in former castles, chateaus, palaces, academies, haciendas, villas, and monasteries.

Tivoli Palacio de Seteais (1783) Sintra, Portugal (AR)

Below is the complete list of Historic Hotels Worldwide hotels inducted in 2016:

San Clemente Palace Kempinski (1131) Venice, Italy (AR)

Hacienda Labor de Rivera (1560) Guadalajara, México (AR)

Hotel de Mendoza (1588) Guadalajara, Mexico (AR)

La Misión de Fray Diego (1596) Yucatán, México (AR)

Hacienda Temozon, A Luxury Collection Hotel (1655) Yucatán, México (AR)

Hotel Hacienda Mérida (18th Century) Yucatán, México (AR)

Hacienda el Carmen Hotel & Spa (1722) Guadalajara, México (AR)

Hacienda La Magdalena (1735) Zapopan, México (AR)

Tivoli Palacio de Seteais (1783) Sintra, Portugal (AR)

Hacienda San José, A Luxury Collection Hotel (1800) Yucatán, México (AR)

Hotel Vier Jahreszeiten Kempinski Munich (1858) Munich, Germany

Hotel Vier Jahreszeiten Kempinski Munich (1858) Munich, Germany

Kempinski Grand Hotel des Bains St. Moritz (1864) St. Moritz, Switzerland

Palais Hansen Kempinski Vienna (1873) Vienna, Austria (AR)

Hotel Villa Cipriani (1889) Asolo, Italy (AR)

Hotel Gran Casa Xalisco (1895) Guadalajara, México (AR)

Hacienda Santa Rosa, A Luxury Collection Hotel (1897) Yucatán, México (AR)

Kempinski Hotel Cathedral Square (1900) Vilnius, Lithuania

Hotel San Francisco Plaza (1905) Guadalajara, México (AR)

Hotel Moskva (1906) Belgrade, Serbia

Kempinski Palace Portoroz (1908) Isteria, Portoroz, Slovenia

Kempinski Palace Portoroz (1908) Isteria, Portoroz, Slovenia

Hacienda Lomajim (1920s) Guadalajara, México (AR)

Hotel Morales (1930) Guadalajara, Mexico

Villa Ganz Boutique Hotel (1930) Guadalajara, México (AR)

NH Collection Guadalajara Centro Historico (1948) Guadalajara, Mexico (AR)

Casa Madonna La Providence (1949) Guadalajara, Mexico (AR)

Hotel San Pietro (1955) Tlaquepaque, México (AR)

From the United States, the following Historic Hotels of America® hotels have also been inducted in 2016 into Historic Hotels Worldwide:

AKA Times Square (1893) New York, New York

Ames Boston Hotel, Curio Collection by Hilton (1899) Boston, Massachusetts (AR)

White Stallion Ranch (1900) Tucson, Arizona

The Redbury New York (1903) New York, New York

XV Beacon (1903) Boston, Massachusetts

AKA Wall Street (1907) New York, New York (AR)

AKA Rittenhouse Square  (1912) Philadelphia, Pennsylvania (AR)

Claremont Club & Spa, A Fairmont Hotel (1915) Berkeley, California

Marriott Syracuse Downtown (1924) Syracuse, New York

The Scarlet Huntington  (1924) San Francisco, California

Lawrence Horwitz

dusitD2 hotel constance pasadena (1926) Pasadena, California

La Valencia Hotel (1926) La Jolla, California

The Hollywood Roosevelt (1927) Los Angeles, California

NOPSI New Orleans, a Salamander Hotel (1927) New Orleans, Louisiana (AR)

The Renwick Hotel New York City, Curio Collection by Hilton (1928) New York, New York (AR)

AKA Sutton Place (1929) New York, New York

Hotel Phillips Kansas City, Curio Collection by Hilton (1931) Kansas City, Missouri

The Raleigh Miami Beach (1940) Miami Beach, Florida

“Imagine discovering, experiencing and exploring a hotel in a former castle, chateau, palace, academy, hacienda, luxury villa, or monastery,” said Lawrence Horwitz, Executive Director, Historic Hotels of America and Historic Hotels Worldwide.

 “These 44 historic hotels represent some of the finest historic hotels globally and demonstrate the tremendous stewardship by their owners, leadership, and employees in preserving these wonderful historic treasures. Many are tremendous architectural and heritage landmarks.  Each is ideal for a romantic special occasion.  Every day is Valentine’s Day at these iconic historic hotels.”

Do you know of a hotel that represents the essence of Historic Hotels Worldwide and would be a great addition to this iconic collection? Submit your nomination form here. For getaways around the world, travelers may search and book hotels by destination, experiences, and special offers on HistoricHotelsWorldwide.com.

About Historic Hotels Worldwide®

Washington DC based Historic Hotels Worldwide® is a prestigious collection of historic treasures, including historic  hotels, castles, chateaus, palaces, academies, haciendas, villas, monasteries, and other historic lodging spanning more than ten centuries.

The Raleigh, Collins Avenue, Miami Beach, FL

Historic Hotels Worldwide recognizes authentic cultural treasures that demonstrate exemplary historic preservation and their inspired architecture, cultural traditions, and authentic cuisine. Historic Hotels Worldwide along with Historic Hotels of America are official programs of the National Trust for Historic Preservation (United States of America).

HistoricHotelsWorldwide.com allows travelers to book their next getaway from more than 3,000 historic and cultural experiences, and view special offers at participating historic hotels from 30 countries.

 To be nominated and selected to be featured on this supplemental marketing program website, historical lodging properties must be at least 75 years old; utilize historic accommodations; serve as the former home or be located on the grounds of the former home of famous persons or significant location for an event in history; be located in or within walking distance to a historic district, historically significant landmark, place of historic event, or a historic city center; be recognized by a local preservation organization or national trust; and display historic memorabilia, artwork, photography, and other examples of its historic significance.

To be selected in the United States for inclusion in Historic Hotels Worldwide, a hotel must meet the above criteria plus be a member of Historic Hotels of America.  For more information, please visit HistoricHotelsWorldwide.com.   Click here to see a video on how to leverage your historic hotel.

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

Lauralee@WriteTouchPR.com

Heather Taylor

Manager, Marketing Communications

Historic Hotels Worldwide

Tel: +1 202 772 8333 | Fax: +1 202 772 8338

htaylor@historichotels.org

Marcus & Millichap Arranges the Sale of AA Accredited Storage in Clearwater, FL

                                                                                                                                                           

Brian Baldwin

          

 CLEARWATER, 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 AA Accredited Storage, a 358-unit self-storage facility located in Clearwater, Florida, according to Ari Ravi, regional manager of the firm’s Tampa office.

Brian Baldwin, investment associate, Luke Elliott, vice president investments, and Michael A. Mele, senior managing director investments, all in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the seller. The buyer was secured and represented by Anne Williams, vice president investments in the firm’s Memphis office. 

“The buyer selected was new to self-storage investments and was sourced through the marketing platform unique to Marcus & Millichap with multiple offers in the first three days,” says Baldwin.

AA Accredited Storage consists of 358 total units, comprised of 187 climate controlled units, 56 covered shed spaces, 26 full closet units, 22 half closet units and one open bay space across 16,419 rentable square feet.

The facility caters to the local demand for boat and RV storage with 56 covered shed spaces for 25,480 rentable square feet, in addition to 66 open yard spaces. Located at 14433 62nd Street North in Clearwater, Florida, the facility is one-half mile northwest of U.S. Route 19 and 0.7 miles north of Ulmerton Road.

                                             

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

Ari Ravi

Regional Manager

 Tampa, FL

(813) 387-4700

New Owners Unveil Revitalization Plan for East Hills Mall in Bakersfield, CA

Duane Keathley

BAKERSFIELD, CA. – Local developers C & C Properties, Inc. and MarkChris Investments announced their plans for the revitalization of East Hills Mall in Bakersfield, Calif.

The vision is to transform the enclosed mall into an exciting, destination open-air lifestyle center offering a collection of restaurants, shopping and entertainment in 350,000 square feet.

A new, state-of-the-art, movie theater complex will serve as the centerpiece of the new development. The redevelopment project is expected to break ground late in the second quarter or early third quarter of this year, and be completed in the third quarter of 2018.

The redesign features a large outdoor plaza, water fountain, seating and landscaping in front of the theater complex and the adjacent buildings. On either side of the theater are a variety of major retailers, boutique shops, quick-serve restaurants, a coffee house and sit-down restaurants.

In addition to the main building area, the new owners plan to add several buildings along Mall View Road for shops, restaurants and services. The proposed design includes an activated and welcoming streetscape and approachable storefronts that connect with pedestrians and provide plenty of opportunities to sit and socialize.

 

“We are looking forward to providing Bakersfield and especially northeast Bakersfield, an exciting, first-class shopping and entertainment experience,” said Craig Carver. “Our design inspiration is a blend of mid-century modern and contemporary-style architecture so it will uniquely stand out in the market.”

Vincent Roche

Carver said that they have received a lot of interest in the location and are currently in lease negotiations with several national and regional retailers and restaurants as well as a national theater chain.

The new owners completed their purchase of the 414,000-square-foot regional shopping center on December 23, 2016.

 Duane Keathley, Vince Roche and Josh Sherley of Cushman & Wakefield | Pacific Commercial Realty Advisors represented the buyer and seller in the sale. The seller was Retail Equities, LLC of Modesto, Calif. and El Corte Ingles of Spain, Madrid. Keathley, Roche and Sherley have been retained to lease the new shopping center.

“We are excited that local developers recognize the potential of the retail demand in northeast Bakersfield and will execute on a vision to bring a vibrant retail and entertainment center to an underserved retail submarket of Bakersfield,” said Vincent Roche, Senior Director/Principal, Cushman & Wakefield/Pacific Commercial Realty Advisors.

“National retailers look for the strong demographics and high traffic counts that this location offers,” added Roche.

Josh Sherley

Built in 1988 on 36.4 acres, East Hills Mall is located on Mall View Road, between Mt. Vernon Avenue and Oswell Street with excellent visibility and access to Highway 178. According to Roche and Keathley, there are 250,000 people in the project’s primary trade area and approximately 500,000 people in a 10-mile radius. 

There are more than 93,000 cars per day along highway 187 at Mt. Vernon Avenue and 70,500 cars along the highway at Oswell Street.

“This redevelopment has been a long time coming,” said Duane Keathley, Senior Director/Principal Cushman & Wakefield/Pacific Commercial Realty Advisors. “It’s great news for the people of east Bakersfield and for the City of Bakersfield in general. It will be an impressive retail and entertainment center.” 

C & C Properties and MarkChris Investments have completed numerous residential, industrial, commercial and retail development projects in the City of Bakersfield over the last 25 years.

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

Anne Monaghan                                      

Monaghan Communications               

830.997.0963

                                              

Meridian Capital Group Arranges $21.5 Million for the Refinance of the Hampton Inn by Hilton in Coconut Grove, FL

Noam Kaminetzky

Boca Raton, FL – Meridian Capital Group, America’s most active debt broker, arranged $21.5 million in financing for the refinance of the Hampton Inn by Hilton located in Coconut Grove, FL on behalf of Hospitality Operations, Inc.

The seven-year balance sheet loan, provided by the U.S. arm of an international bank, features a fixed rate of 3.90%. This transaction was negotiated by Meridian Managing Director, Noam Kaminetzky and Vice President, Joseph Landsberg, who are both based in the company’s Boca Raton, FL office.

The Hampton Inn by Hilton, located at 2800 South West 28th Terrace in Coconut Grove, is a six-story, 135-key hotel. The property is situated directly across the street from the Metrorail at Coconut Grove and is a 10-minute drive from Miami International Airport and the Port of Miami.

The hotel is also in close proximity to Coral Gables, Key Biscayne, Brickell and Downtown Miami, where guests enjoy a variety of dining, shopping and entertainment, including the American Airlines Arena, Bayside Marketplace, Perez Art Museum and Adrienne Arsht Center for Performing Arts.

 In addition, The Hampton Inn by Hilton’s central location offers direct access to shopping centers and malls, including Cocowalk, Shops at Sunset Place, Village at Merrick Park, Dolphin Outlet Mall, Dadeland Mall and Miami International Mall.

Joseph Landsberg

“This deal presented a unique challenge for the borrower as the prior loan could not be prepaid without a significant penalty,” explained Mr. Kaminetzky.

 “There were concerns about the rising interest rate environment and Meridian negotiated a loan that allowed for a six-month rate lock,” he added. “Ultimately, the borrower was able to close the loan 55 basis points below prevailing market rates as result of this arrangement.”

“The borrower had a long-standing relationship with an existing advisory firm,” said Mr. Landsberg. “Meridian leveraged its strong relationships and experience to obtain a better loan structure, tailored to meet the unique requirements of this asset,” he added.

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

Jonathan Stern

Meridian Capital Group

212/972-3600

jstern@meridiancapital.com

www.meridiancapital.com

HFF secures $46.6 million financing for 7-property office portfolio in Washington, D.C.-area

  

Capital Office Park,  6301-6421 Ivy Lane, Greenbelt, MD

Cary Abod

WASHINGTON, D.C. –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has secured $46.6 million in financing for Capital Office Park, a seven-property office portfolio totaling 806,531 square feet in the Greenbelt, Maryland suburb of Washington, D.C.

HFF worked on behalf of the borrower, Morning Calm Management, to arrange the floating-rate acquisition financing through ACORE Capital, a leading commercial real estate finance company.   

  

The office park is situated at 6301-6421 Ivy Lane, about 11 miles northeast of Washington, D.C. near The Capital Beltway (Interstate 495) in Greenbelt.  The portfolio is currently 60 percent leased to a diverse mix of tenants, including Bozzuto & Associates, Whiting Turner, and the U.S. District Attorney’s Office.

 Morning Calm Management, who will be moving its primary office to Capital Office Park, has a successful track record of office repositionings throughout the United States. Morning Calm intends to inject substantial capital into the assets via the upgrading and modernization of lobbies, elevators, windows and amenity spaces.

These improvements will help the assets retain current tenants and attract additional tenants, and cement Capital Office Park’s position as the premier suburban D.C. corporate location. 

Michael Gigliotti

The HFF debt placement team representing the borrower was led by managing director Cary Abod and senior managing director Michael Gigliotti. 

“Morning Calm has made an impressive foray into the D.C. marketplace with their acquisition of Capital Office Park,” said Abod. 

“They have a clear, coherent plan for the portfolio that resonated with the lender community and generated an impressive amount of interest.  In addition, ACORE was remarkably effective in executing the financing on a condensed timeline.”

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

Kristen M. Murphy

Director, Public Relations

HFF | One Post Office Square, Suite 3500 | Boston, MA 02109

Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com

krmurphy@hfflp.com

.

www.morning-calm.com.

HFF arranges $23 million financing for the historic Tribune Tower in Oakland, CA

  

Tribune Tower, Downtown Oakland, CA

 

Bruce Ganong

SAN FRANCISCO, CA –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has arranged $23 million in acquisition and capital improvement financing for Tribune Tower, an iconic 20-story office building in downtown Oakland, California.

HFF worked on behalf of the borrower, Harvest Properties and True North Management Group, to place the floating-rate loan with a debt fund based on the East Coast.

Tribune Tower features 88,334 square feet including ground floor retail.  The property was originally built in 1906 for The John Breuner Furniture Company as a showroom and store.

 In 1923, the adjoining 20-story, steel-frame iconic Renaissance Revival-style clock tower was completed, and the Oakland Tribune took occupancy for the next 65 years.  Harvest Properties along with True North will embark upon a capital improvement plan to transition the tower into a best-in-class creative office environment.

 The Tribune Tower is located at 409 13th Street in downtown Oakland, ideally located a half a block from the 12th Street/City Center BART station.

The HFF debt placement team representing the borrower was led by senior managing director Bruce Ganong, associate director Brandon Roth and associate Zachary Kersten

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

Kristen M. Murphy

Director, Public Relations

HFF | One Post Office Square, Suite 3500 | Boston, MA 02109

Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com

krmurphy@hfflp.com

.

Luxury Real Estate Veteran Candace McIntosh Rejoins The Keyes Company’s Platinum Properties

  

Candace McIntosh

 PALM BEACH, FL – Platinum Properties, a Keyes Family Company, announces that luxury real estate veteran Candace McIntosh has rejoined the company. Platinum Properties operates as one of Keyes’ luxury residential real estate divisions.

With nearly 15 years of experience as a licensed real estate agent, McIntosh continues to have success representing buyers and sellers in northern Palm Beach County. As a top producer, McIntosh has generated $12 million in sales since the beginning of 2015. She serves an affluent client base in Jupiter, Tequesta and Hobe Sound.

McIntosh has spent most of her career with Platinum Properties. She returns to the firm after a stint at the Jupiter office of Keller Williams.

James Kirvin

In Jupiter’s Mallory Creek, McIntosh listed a property and secured a buyer in just six hours. The transaction was one of the highest sale prices per square foot in that community. She will be bringing another Mallory Creek listing to market in late February.

Before earning her real estate license, McIntosh developed a passion for real estate by investing in property in Utah, Washington and New Mexico, where she grew up.

Independently-owned and operated since its founding in 1926, Keyes is extremely active in luxury residential real estate. In addition to Platinum Properties, Keyes has Valore Group, which is also a division of Keyes Luxury. The combined companies are a premier luxury leader.

Keyes annually sells $650 million in luxury homes priced at $1 million or more. The company expects to grow its annual sales velocity in that category to more than $1 billion.

“We are so excited to have Candace on our team,” said James Kirvin, Chief Executive Officer of Platinum Properties. “She is an extremely knowledgeable real estate professional who has exceptional marketing skills. Candace is constantly a top producer in the northern Palm Beach County market, and she is the type of agent we are trying to attract to our company.”

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

Eric Kalis or Ashley Fierman, BoardroomPR

ekalis@boardroompr.com/afierman@boardroompr.com

954-370-8999

HFF arranges financing for Hanover Rice Village in Houston, TX

Hanover Rice Village Apartments, Near Rice University, Houston, TX

HOUSTON, TX –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has arranged fixed-rate financing for Hanover Rice Village, a 379-unit, Class A, podium-style apartment community near Rice University in Houston, Texas.

HFF worked exclusively on behalf of the borrower, The Hanover Company (Hanover), to secure the 10-year, fixed-rate loan through an agency lender.

Cortney Cole

Completed in 2013, Hanover Rice Village comprises 379 residential units and nine retail spaces totaling 22,599 square feet.  The LEED Green-certified property is situated at the intersection of Kelvin Drive and Dunstan Road in the heart of Houston’s Rice Village live-work-play mixed-use development. 

Hanover Rice Village is a few blocks west of Rice University and proximate to the Texas Medical Center and Hermann Park.  The property’s retail component is leased to tenants, including Coppa Italian Food, Punk’s Simple Southern Food and Cyclone Anaya’s Mexican Kitchen. 

Scott Galloway

Apartment units feature a variety of one-, two- and three-bedroom floor plans with high-end finishes such as nine-foot ceilings, custom cabinetry, large kitchen islands, stainless steel appliances, granite countertops, walk-in closets, in-unit washers and dryers, hardwood in living and dining areas and oversized soaking tubs. 

In addition to pedestrian access to some of the city’s best retail and dining attractions, resident amenities also include a courtyard with resort-style swimming pool, poolside cabanas, fire pit, grilling areas, open-air loggia with fireplace and TV, outdoor banquette seating and dining space, The Resident Club with TV lounge and billiards, gourmet catering kitchen, pet washing station and controlled-entry parking garage.

The HFF debt placement team representing Hanover was led by managing director Cortney Cole, executive managing director Scott Galloway and real estate analyst Dustin Selzer.

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

tel 713.852.3403 | fax 713.527.8725 | hfflp.com

ohennessey@hfflp.com

CBRE's Philip D. Voorhees and NRP-West Team Complete $13.30 Million Silver Lake Collection Sale

                 

Megan Wood

LOS ANGELES, CA, Jan. 26, 2017 –  CBRE Executive Vice President Philip D. Voorhees announced today that he and his National Retail Partners – West (NRP-West) team completed the sale of Silver Lake Collection, 10,497 square-feet of urban street-front in the Silver Lake enclave in the city of Los Angeles, Calif.

Situated in “Sunset Junction,” the property is 100% leased to three contemporary restaurant and beverage tenants. The sale price was $13.30 million.

Phillip D. Voorhees

CBRE’s retail investment experts Voorhees, Todd Goodman, Preston Fetrow, Kirk Brummer, Megan Wood, Matt Burson, Jimmy Slusher and John Read, represented the seller, 9 Mile Investments, a Los Angeles-based real estate development company.

The buyer, also represented by CBRE’s NRP-West, was a subsidiary of Strategic Realty Trust, Inc., a San Mateo-based real estate investment trust who acquired the Silver Lake Collection as an addition to its portfolio of urban, street retail properties.

Silver Lake Collection, Silver Lake District, Los Angeles, CA

According to Voorhees, the CBRE team’s marketing system distributed more than 464 offering memoranda to investors and brokers, and through the team’s "managed bid" offer process, generated nine offers to purchase the property."Conventional, street-front retail projects like The Silver Lake Collection have long been a favorite for our team.

 The property’s high-performing restaurants not only anchor the project but the neighborhood, making the property an integral part of the community," said Voorhees.

Todd Goodman

"Silver Lake emerged as among the hottest neighborhoods in LA over the past two to three years, and rental rates have followed,” Voorhees noted. “By all indications, popular restaurants Sawyer, Kettle Black and El Condor thrive at this property.

”CBRE expects The Silver Lake Collections’ high-water $1,300 per-square-foot sale price will feel like a value for this sort of one-of-a-kind asset and location in Silver Lake over the next several years."

Originally built in 1934 and 1940, the building was remodeled in 2016 with a total tenant and landlord cost exceeding $2.55 million and consists of two parcels on a 0.36-acre site along Sunset Blvd., which is one of the trade area’s primary arterials. The property was 100% occupied at the time of the sale.

In 2015, the NRP-West team, formerly known as National Retail Investment Group - West (NRIG-West), was CBRE’s #1 retail investment team nationally with a total transaction volume exceeding $940 million in 63 transactions, encompassing 88 properties, totaling more than four million square feet in size.

With this closing, CBRE's NRP-West team has closed 205 transactions since the start of 2012 for a total consideration of $3.7 billion. In total, the NRP-West team has listed and sold more than $9.7 billion in retail transactions.

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

Anne Monaghan                                  

Monaghan Communications                                                                                    

830.997.0963                                      

NAIOP SoCal Appoints 2017 Executive Committee and Board of Directors

Lance Ryan

Costa Mesa, CA – NAIOP SoCal, the leading organization for developers, owners and investors of office, industrial, retail and mixed-use real estate, welcomes its 2017 Executive Committee and Board of Directors, encompassing a diverse collection of commercial real estate leadership.

The 2017 NAIOP SoCal Executive Committee is led by President Lance Ryan, Watson Land Company; President-Elect and Sponsorship Chair James V. Camp, Rockefeller Group; Vice President and Sponsorship Vice Chair Jeff Moore, CBRE; Treasurer and Real Estate Challenge Advisor Pamela L. Westhoff, Sheppard Mullin Richter & Hampton; Secretary and I.Con Chair Rob Antrobius, Prologis; Programs and Education Liaison Alison Vukovich, LBA Realty; and Past President Kevin Jennings, Bank of America Merrill Lynch.

Pamela Westhoff

“Our NAIOP chapter is one of the largest in the nation and represents an exciting, creative and vital market. It is an honor to lead such an important organization that operates at the heart of it and works, through our board and membership, to provide critical business development, forward-looking education and legislative policy advocacy that supports commercial real estate,” said Ryan.

Alison Vukovich

Some of the chapter’s focus areas for 2017 will include:

·       Continued support for the next generation of industry professionals through Young Professionals Group (YPG). Each year, a select group of 35 real estate professionals unite to take part in the twelve-month, seventy-hour course designed to educate, develop, connect and elevate the commercial real estate industry’s emerging leaders. In 2017, YPG will grow to more than 400 alumni.

James V. Camp

·       Plan and promote industry-leading events such as Night at the Fights and the USC vs UCLA Real Estate Challenge.

·       Play a key role at the local, state and federal levels of government to represent a unified voice to protect and enhance the commercial real estate industry

The balance of NAIOP SoCal’s 2017 Board of Directors includes: Angela Azizian, Wells Fargo Bank; Kevin Burkhalter, Walker & Dunlop; John Casasante, Deutsche Asset Management; Drew Emmel, Allen Matkins; Ryan Gallagher, HFF, LLP; Aaron Hill, Bixby Land Company; Eric Hinkelman, Voit Real Estate Services; Mike Hodges, Irvine Company Office Properties; Fran Inman, Majestic Realty Co.;

 

Jeff Moore

 Kevin Ivey, KPRS Construction Services, Inc.; Ryan Jones, Panattoni Development Company; Lillian Kuo, Shea Properties; Patrick Maloney, Circle Industrial; Mark Mattis, PMRG; Gregory May, Newmark Grubb Knight Frank; Tom McAndrews, Tiarna Real Estate Services; Justin McCusker, C.J. Segerstrom & Sons; Jim McFadden, Cushman & Wakefield; Scott McPherson, U.S. Bank; Parke Miller, Lincoln Property Company;

Zach Niles, JLL; Susan Orloff, Ryan; Steve Pearson, DAUM Commercial Real Estate Services; John Premac, Chicago Title Company; Rodney Richerson, KBS; Spencer Rose, Equity Office; David Rowley, Colliers International; Scott San Filippo, Praelium Commercial Real Estate; Brad Schmitt, Savills Studley; Todd Tydlaska, CBRE; Stephane M. Wandel, The Boeing Company; and Clark Welton, EY.

Lillian Kuo

NAIOP SoCal is a chapter of NAIOP, the Commercial Real Estate Development Association, and it comprises more than 1,000 members serving the counties of Los Angeles and Orange. 

NAIOP is the leading organization for developers, owners and related professionals in office, industrial and mixed use real estate, with over 18,500 members in North America.

 NAIOP advances responsible commercial real estate development and advocates for effective public policy.  For more information, visitwww.naiopsocal.org.

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

Darcie Giacchetto

Spaulding Thompson & Associates

949.278.6224

Megatel Capital Investment Announces Expansion of Sales Team with Hire of Jennifer Middaugh and Ron Rodriguez as regional vice presidents

   

Jennifer Middaugh

 DALLAS, TX – Megatel Capital Investment, the capital markets division of Megatel Homes, announced today that the company has hired industry veterans Jennifer Middaugh and Ron Rodriguez as regional vice presidents. 

“Jennifer and Ron each bring with them an impressive roster of accomplishments in the financial services industry,” said Richard Arnitz, president of Megatel Capital Investment.

Ron Rodriguez

“Jennifer will oversee our sales efforts in the Eastern region and Ron in the Central region, marketing to financial advisors and registered investment advisors primarily through the independent broker-dealer channel. Michael Roman will continue overseeing the Western region.”

“We are excited to add these two talented industry professionals to our growing team,” said Trey Hoppe, executive vice president and national sales director. “They will support Megatel’s strategic growth initiatives as we both expand regionally and develop new investment offerings.”

Richard Arnitz

Middaugh has more than 15 years of experience in alternative investing and financial strategies. She has been instrumental in launching several new investment products with independent broker-dealers and registered investment advisor channels.

 Prior to joining Megatel, Middaugh was with Provasi Capital Partners, Griffin Capital, United Development Funding and CNL Financial Group.

Rodriguez brings 29 years of industry experience to his role with Megatel, having worked for much of his career as a successful financial advisor. 

Prior to joining Megatel, he was with Stadion Money Management, Grubb & Ellis, Griffin Capital Securities, Resource Securities and Realty Capital Securities, where he successfully helped to raise equity for actively managed mutual funds, separately managed accounts, non-traded real estate investment trusts, non-traded business development companies and interval funds. 

Middaugh earned her bachelor of science degree in business and management from the University of Maryland College of Business and Management and a master’s of leadership degree from Georgetown University McDonough School of Business. She currently holds her FINRA Series 7 and 63 securities licenses.*

  

Michael Roman

Rodriguez attended San Antonio College and the University of Texas at San Antonio. He completed a 10-month CFP® Educational Certification Program and currently holds his FINRA Series 7, 63 and 65 licenses.*

 Megatel Capital Investment is the capital markets division of Megatel Homes Inc. Megatel Capital Investment funds help fuel the construction of homes built by Megatel as an additional source of construction financing.

Founded in 2006, Megatel Homes has emerged as one of the most successful homebuilders in the state of Texas. The company has had considerable growth, with more than 100 developments, consisting of 2,700 homes, since its founding. The Dallas Business Journal recently ranked the company third in North Texas homebuilders based on local housing starts in 2014.

*Middaugh and Rodriguez currently hold their licenses with Emerson Equity LLC, a FINRA-registered broker-dealer and member FINRA/SIPC. Emerson Equity is the managing broker-dealer for Megatel offerings, but is not affiliated.

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

Jill Swartz

Spotlight Marketing Communications

949.427.5172, ext. 701

jill@spotlightmarcom.com

Stepp Commercial Completes $3.5 Million Sale of 20-Unit Atlantic Avenue Apartments in Long Beach, CA

  

Atlantic Avenue Apartments, Long Beach, CA

 

Robert Stepp

LONG BEACH, CA – Stepp Commercial, a leading multifamily brokerage firm in the Long Beach market, has completed the $3.5 million sale of Atlantic Avenue Apartments, a 20-unit property in Long Beach.

Robert Stepp, principal of Stepp Commercial, represented the seller, Los Angeles-based June Quest One, LLC, as well as the buyer, Los Angeles-based Realty Holdings PSBJ. The property closed at a 4.7 percent cap rate and a price per unit of $175,000.

Built in 1979 and located at 5075 Atlantic Avenue just north of Del Amo, the two-story property consists of nine one-bedroom units, 10 two-bedroom units, and one three-bedroom unit. The asset includes 18 garage spaces and nine parking stalls, controlled access entry, and some units feature private balconies.

“The seller was interested in buying a larger property via a 1031 exchange,” said Stepp. “We are currently in the process of identifying an upleg property for him,” said Stepp. “Stepp Commercial has been working with a number of 1031 exchange clients in recent months as many owners are looking to increase their market share in key Los Angeles area neighborhoods.”

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

Darcie Giacchetto

949.278.6224

www.SteppCommercial.com