KAI Build Named 'Missouri Women in Trades 2021 Breaking Barriers Contractor of the Year'

 

From left representing KAI Build: Lynnette Bryant, Gyasi Haynes, Alison Magee, Shannon Fogerty and Rusty Ellis

St. Louis, MO, -- KAI Build is proud to announce that it has been named the 2021 Breaking Barriers Contractor of the Year by the Missouri Women in Trades (MOWIT) organization.

 

 KAI accepted the award during MOWIT’s Blue Collar Black Tie Awards Gala honoring and celebrating women in the trades on Sept. 17 at the Sheet Metal Workers Local 36 Grand Hall in St. Louis.

 

“KAI Build strives to give women opportunities to achieve higher levels of construction leadership through our hiring process and programs,” said KAI Build’s Director of Project Management Gyasi Haynes.

Gyasi Haynes

“Our culture and our goal is to be the most diverse organization the construction industry has ever seen. "

 

"We are excited to have such great women working at KAI who are leading the way for other women and minorities. We are grateful for all our women team members and all that they do to be a part of the mission and vision of KAI.”

 

Founded in 2008, MOWIT works to expand opportunities for women to enter and succeed in apprenticeship and careers in the construction and building trades in the greater St. Louis area.

 

MOWIT works with employers, unions, educational organizations and other entities to increase women’s equal employment and working conditions.

Rochelle Bonty

The Breaking Barriers Contractor of the Year award is given to the nominee who can demonstrate programs, initiatives and efforts that have supported women entering and succeeding in these programs.

 Nominations were open to contractors that are signatory with any of the St. Louis area unions listed in the St. Louis Construction Cooperative’s Construction Careers handbook.

Generic File Photo

 

KAI Build, which is a member of The St. Louis – Kansas City Carpenters Regional Council, has a workforce that includes 20 percent women, with 25 percent of women in leadership roles. KAI also reported a 20 percent increase in female workforce participation in the last year.

 

“Nothing beats their intentional programs to hire and support women, while going the extra mile to hire women for supervisory positions.

 

"They have shown themselves as excellent, honorable, diligent and committed to the woman mandate,” said MOWIT Board Member Rochelle Bonty.

 

CONTACT:

 jennifer Beidle

314-607-9459

jennifer@jbeidlepr.com

www.kai-db.com

 

 

JLL Capital Markets brokers sale of the fully leased, 163,145-SF, H-E-B-anchored Springdale Shopping Center in northeast Austin, TX

Erin Lazarus

 

 DALLAS, TX – JLL Capital Markets has closed the sale of Springdale Shopping Center, a fully leased, 163,145-square-foot retail center anchored by H-E-B in the northeast part of Austin, Texas.

 JLL marketed the property on behalf of the seller, Forge Capital Partners. EDENS purchased the asset.

Chris Gerard 

Springdale Shopping Center is anchored by a high-performing H-E-B, which is established as Texas’ pre-eminent grocer.

The center is also home to a diverse tenant mix, including Ross Dress for Less, dd’s, Dollar Tree, O’Reilly Auto Parts, Subway, KFC and Wingstop.

These national tenants have a long-standing history at Springdale Shopping Center, and many having below-market rents, offering future rent growth opportunities.  

 Situated on 12.58 acres at 7112-7210 Ed Bluestein Blvd. Springdale Shopping Center houses the H-E-B location that is the furthest east in Austin, allowing the center to pull from an extended trade area that houses 87,339 residents within a three-mile radius with an average annual household income of $73,137 – a 53 percent increase from five years ago.

Ryan Shore

This area has exploded in recent years, with 22 percent population growth since 2010 and even more anticipated over the next five years.

 The JLL Capital Markets Investment Sales and Advisory team representing the seller was led by Senior Managing Directors Chris Gerard and Ryan Shore, Senior Director Clint Coe and Analysts Erin Lazarus and Zach Riebe.

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

Clint Coe

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.

 

About Forge Capital Partners

Forge Capital Partners is a diversified commercial real estate and investment management company. 

Forge has built a strong track record as an acquirer and operator of commercial real estate, specializing in socially responsible projects through the Southeast. 

 Zach Riebe

Since 2000, Forge and its principals have successfully sponsored and managed four real estate oriented, closed-end private equity funds, and executed over $1 billion in retail and multifamily real estate transactions.

 About EDENS

EDENS is a retail real estate owner, operator and developer of a nationally leading portfolio of 110 places. EDENS’ purpose is to enrich community through human engagement. 

CONTACT:

Kimberly Steele

JLL Manager

Public Relations

Phone: +1 713 852 3420

Email:  Kimberly.Steele@am.jll.com

jll.com.

edens.com or follow @WeAreEDENS.

 

JLL Capital Markets completes $168 million sale of eight neighborhood retail assets in DC, Virginia and Maryland

 

Kimberly (Kim) Flores

 

WASHINGTON, D.C., Sept. 23, 2021 – JLL Capital Markets announced today that it has closed the $168.3 million sale of a portfolio of eight infill neighborhood retail assets totaling 695,991 square feet in Washington, D.C., northern Virginia and southern and northern Maryland.

 JLL marketed the portfolio on behalf of the seller, WashREIT.

SOLD: a portfolio of eight infill neighborhood
retail assets totaling 695,991 square feet
in Washington, D.C., northern Virginia
 and southern and northern Maryland.

The portfolio, which is 82 percent leased, consists of two assets in Washington, D.C., two in Northern Virginia and four retail properties in Maryland.

The properties in Washington D.C. include Chevy Chase Metro Center and Spring Valley Village, with 800 S. Washington St. in Alexandria and Concord Centre in Springfield comprising the Virginia assets.

Montrose Shopping Center and Randolph Shopping Center in Rockville; Takoma Park Shopping Center in Takoma; and Westminster Shopping Center in Westminster are all in Maryland.

Stephen Conley

 The properties house a variety of grocery anchors, including Food Lion, ALDI, Giant and Mom’s Organic Market, in addition to national retailers such as Michaels, Mattress Firm, Planet Fitness, Crate & Barrel, Dollar Tree, Rite Aid Liquors and Chick-fil-A.

The properties are in dense, affluent suburbs within the metro Washington, D.C. region where annual household incomes within a three-mile radius average $152,705, and the population within the same range is more than 148,700 residents.

 The JLL Capital Markets team that represented the seller was led by Executive Managing Director Stephen Conley, Senior Managing Director Danny Finkle, Senior Director Jordan Lex and Vice President Kim Flores. 

 “JLL continues to see strong investor demand for opportunities to acquire retail, especially at-scale,” Finkle said.

Danny Finkle

“The asset class has proven resilient and offers investors appealing risk-adjusted returns in today’s low-yield environment.” 

 “The D.C. Metro area has long been a recession-resistant gateway market,” Lex added. 

“However, booming tech and life science sectors in Northern Virginia and suburban Maryland, respectively, have made well-positioned suburban retail in more demand than ever.”

 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.

Jordan Lex

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.

  

About WashREIT

 

WashREIT (NYSE: WRE) WashREIT is a multifamily real estate investment trust that is focused on providing quality housing to under-served, middle-income renters in submarkets poised for strong, sustained demand.

 

With a proven track record in multifamily repositioning, WashREIT is utilizing the experience and research from the Washington Metro market to continue its growth as WashREIT geographically diversifies into Southeastern markets.

 

CONTACTS:

Kimberly Steele

JLL Manager

Public Relations

Phone: +1 713 852 3420

Email:  Kimberly.Steele@am.jll.com

jll.com.

Balderas, McLean, Smith join SPJ Board of Directors

 

Cheryl Smith

INDIANAPOLIS, IN — The Society of Professional Journalists Board of Directors has selected its two appointed members for 2021-22 and approved a third member to fill a vacancy on the board.

Israel Balderas and Cheryl Smith were appointed during Saturday’s virtual board meeting and Danielle McLean was approved to fill the vacancy left by Claire Regan who was voted president-elect earlier this month.

Claire Regan

Smith has been an award-winning multimedia journalist for more than 40 years. A graduate of Florida A&M University, she began working at the Capitol Outlook in Tallahassee and has moved on to several positions with her works appearing in Florida Flambeau, Dallas Weekly, Dallas Examiner, Dallas Times Herald, Westside Gazette, Dallas Morning News and the NNPA Newswire.

The publisher/editor at I Messenger Media LLC, Smith has served as regional director and secretary for the National Association of Black Journalists and president of the Dallas/Fort Worth Association of Black Journalists. 

She sits on Boards of the National Newspaper Publishers Association and SPJ Fort Worth. In addition to chairing the communications department at Paul Quinn College, she has taught at the University of North Texas, Texas Woman's University and Dallas College.

Israel Balderas

Balderas is an Emmy award-winning journalist, attorney and assistant professor of journalism at Elon University. His teaching and research focus on freedom of the press and access to public records influenced by artificial intelligence technologies.

 Prior to his academic appointment at Elon, Balderas taught journalism and media law at Palm Beach Atlantic University, where he also served as the faculty adviser to The Beacon Today, the school’s student-led publication.

Danielle McLean 

McLean is senior editor at Smart Cities Dive, a national online news publication that covers the most impactful news and trends shaping smart cities, and is proudly the first known openly transgender woman to serve on SPJ's Board. 

McLean is a current member and former chair of the SPJ Ethics Committee, where she promotes the tenets of SPJ's Code of Ethics. 

As president of the SPJ New England Chapter and chair of the Freedom of Information Committee, she was a staunch advocate of the free press and the public's right to know, overseeing the development of The Whistleblower Project.

Rebecca Aguilar

“I'm thrilled to welcome Israel Balderas, Danielle McLean and Cheryl Smith to the SPJ Board of Directors,” said SPJ National President Rebecca Aguilar. 

“They will continue to sharpen our focus on student journalism, diversity and inclusion, attracting new members to SPJ and carrying out the rest of SPJ’s strategic plan.

“The diverse experiences, ideas and enthusiasm they bring to the SPJ board will make SPJ, and journalism overall, stronger and better,” Aguilar said.

Jerry McCormick (Photo by David Poller)

Balderas and Smith replace Jerry McCormick and Bey-Ling Sha as one-year appointees.

Bey-Ling Sha

SPJ promotes the free flow of information vital to informing citizens; works to inspire and educate the next generation of journalists; and fights to protect First Amendment guarantees of freedom of speech and press. 

Support excellent journalism and fight for your right to know. Become a member, give to the Legal Defense Fund or give to the SPJ Foundation.

 

CONTACTS:

Rebecca Aguilar, SPJ National President,

317-361-4134, rebeccaaguilar50@gmail.com

Jennifer Royer, SPJ Director of Communications and Marketing, 317-361-4134, jroyer@spj.org

 

Stream Realty Partners Hires Tiffany Winne to Head New Office in Phoenix, AZ

 

Tiffany Winne

PHOENIX, AZ – Stream Realty Partners (Stream), a national real estate services, development, and investment company, has opened Stream Realty-Phoenix, LP which will be led by 19-year veteran Tiffany Winne, one of Phoenix’s leading commercial real estate tenant rep brokers, as Executive Managing Director and Partner.

Derek Land

Winne will oversee the growth of the office and region while continuing to specialize in working with office tenants in their real estate needs in Phoenix and across multiple markets.

"Phoenix is a market our clients continue to be interested in and where there continues to be strong economic growth,” said Stream's Head of New Markets Derek Land.

“Tiffany is not only a leader in commercial real estate in Phoenix but she is the perfect fit for our culture and the way we do business.

"We are really excited to continue the swift growth trajectory of our platform and extend our services in Phoenix under Tiffany’s leadership."

 "This was an extraordinary opportunity to play a leading role in the growth of a company whose values and business philosophy align with mine,” said Winne.

Chris Jackson

Winne comes to Stream from the Phoenix office of Savills North America, where she served as Vice Chairman and a member of its Board of Directors.

 "Stream's national office growth plan is deliberate and strategic to ensure it complements our existing platform and provides further value to our clients," stated Stream President Chris Jackson.

 "We are actively looking at additional markets to expand Stream's services and anticipate this will accelerate in 2022 due to the increase of new business and key hires.

"As our clients grow, we grow with them. As our resources grow, our team is positioned for additional career opportunities. It's a very exciting time to be at Stream."

  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.”

 www.streamrealty.com

Crexi Announces Expanded Executive Team to Prepare for Accelerated Growth

Kris Cheh Beck 

 

 LOS ANGELES,CA, Sept. 22, 2021 -- CREXi, the commercial real estate (CRE) industry's fastest-growing marketplace, data, and technology platform, today announced the addition of Tim Laehy as Chief Financial Officer (CFO) and Kris Cheh Beck as Chief Legal Officer (CLO).

 In response to Crexi's accelerated momentum and positive feedback from the CRE community, the company continues to add headcount, increasing its total number of employees by close to 40% in 2021.

Mike DeGiorgio

"We're thrilled to have Tim and Kris join our already impressive executive line-up," said Mike DeGiorgio, founder and CEO of Crexi.

 "We have extremely high goals and as we work to maintain the high growth we have been achieving, Tim and Kris's expertise will be paramount."

Laehy brings over 20 years of extensive finance, operational and advisory experience to his new role as CFO.

Tim Laehy 

 During his tenure as Interim CFO of Coinbase, Laehy built and managed their global financial operations and initiatives, dramatically scaling the business as it shifted from a startup to a mature organization, and growing the company's gross revenue by 60 times.

Beck joins Crexi after spending almost two decades building legal functions from the ground up for several notable high-growth companies.

Most recently, Beck was the Chief Legal Officer at United Capital, which was acquired by Goldman Sachs for $750 million in 2019.

There she advised senior management in varying areas, ranging from intellectual property to business platform development to key corporate transactions.

 

 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.”

www.crexi.com

California-based bank signs lease for first retail branch in Texas

 

Rebecca Griffin

DALLAS, TX and FT. WORTH, TX, Sept. 22, 2021 – Atlas Capital Advisors, an independent real estate investment and advisory firm, announced today that it has represented Orange County, California-based First Foundation Bank in a new lease for 3,800 square feet of space at Preston Shepard Place located at 1709 Preston Road in Plano, Texas. 

 This will be the bank’s first retail branch location in Texas and third completed transaction overall in Texas this year.

                This lease continues the momentum of First Foundation Bank’s entrance into Texas.  In March 2021, they signed a lease for 6,931 square feet of space at the Crescent, relocating its principal executive office out of California. 

 Additionally, in July 2021, First Foundation Bank signed a 4,328-square-foot lease at Williams Square for a new loan production office.

Serge Vishmid

Serge Vishmid, Managing Principal of Atlas Capital Advisors, represented First Foundation Bank in all three transactions. He was assisted locally by his former colleague, Rebecca Griffin of Newmark. 

“As the economy and commercial real estate industry continues to evolve following the COVID-19 pandemic, financial institutions and banks like First Foundation Bank have remained a bright spot for growth,” said Vishmid. 

 “First Foundation will continue to focus on growth within the Dallas Metroplex and other key markets throughout the United States.

 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.”

www.atlas-capital.us.

firstfoundationinc.com, or connect with us on LinkedIn and Twitter.

Freddie Mac, Bellwether and Comunidad Launch Innovative Tenant Advancement Commitment Multifamily Financing Program

 

Deborah (Debby) Jenkins

WASHINGTON, DC. Sept. 21, 2021 – Comunidad Partners (Comunidad) has secured a $300 million financing commitment through Bellwether Enterprise (Bellwether) and Freddie Mac that supports the creation or preservation of affordable workforce housing throughout the United States.

 The unique initiative is backed by Freddie Mac’s Tenant Advancement Commitment, which offers competitive financing to operators who agree to maintain or enhance affordability for the duration of the loan purchased by Freddie Mac at properties that do not have regulatory rent restrictions.

Oaks at Holcomb Bridge,
a 304-unit garden-style apartment
 complex in Roswell, GA

Freddie Mac has already purchased $86 million dollars in loans originated by Bellwether on behalf of Comunidad through its lending facility.

Bellwether funded and Freddie Mac purchased the first two loans under the Tenant Advancement Commitment earlier this year: Oaks at Holcomb Bridge in Roswell, GA and Metro 7000 in Fort Worth, TX.

 “Freddie Mac’s Tenant Advancement Commitment is preserving affordable rents and providing essential social services that benefit entire communities,” said Deborah (Debby) Jenkins, executive vice president and head of Multifamily for Freddie Mac.

Metro 7000, a 206-unit garden-style apartment
community in Fort Worth, TX

 

 “Comunidad and Bellwether are pioneers in this effort, and we are so proud to have found an innovative financing structure that will accelerate their efforts in alignment with our new Multifamily Equity initiative to advance tenant interest.”

 

As part of the arrangement, Comunidad is also providing social services at each of the properties financed to support resident health and wellness, youth and adult education, and economic advancement.

Antonio Marquez

 

“The need to create and preserve affordability in housing while simultaneously integrating environmental, social and governance (ESG) principles into our communities at scale was the thrust behind crafting this innovative capital markets product in partnership with Freddie Mac,” said Antonio Marquez, managing partner at Comunidad.

 

“We anticipate this new social impact financing commitment will pave the way for thousands of workforce / affordable units to remain affordable, with the added benefit of improved social impact outcomes for our residents in the years ahead.”

Anthony Tarter

 

Anthony Tarter, who structured the arrangement as executive vice president and director of Workforce Housing and Social Impact for Bellwether, said, “Preserving naturally occurring affordable housing for the missing middle class of America and facilitating social impact services for tenants has always been a goal of mine.

 

"Antonio Marquez of Comunidad and Freddie Mac are committed to this mission and together, our efforts will result in the preservation of thousands of multifamily units across numerous states.”

Rachel Deitemeyer, Principal and Finance Director

 Comunidad is a women- and minority-owned real estate investment firm that specializes in workforce and affordable housing in culturally diverse neighborhoods.

 

The company specializes in revitalizing affordable and workforce apartments in infill locations and implementing its specialized cultural management platform, which includes cultural upgrades, community investment initiatives, and ESG / social impact programs.

 

 Comunidad has invested in more than 40 communities throughout the country, totaling more than 11,000 workforce and affordable housing units, and plans to continue to expand its portfolio across the Sun Belt regions.

 CONTACT:

Katie Haga 

khaga@brower-group.com

Home - Comunidad Partners

FreddieMac.com, Twitter @FreddieMac and Freddie Mac's blog FreddieMac.com/blog.