Trending Multifamily News
Maitland City Centre Earns Prestigious Construction Award
The Central Florida Chapter of Associated Builders and Contractors (CFC ABC) recognizes and celebrates outstanding projects in Central Florida
Orlando – (March 12, 2020) – The Allen Morris Company, one of the largest diversified real estate firms in the southeast, is proud to announce that Maitland City Center was selected by the Central Florida Chapter of Associated Builders and Contractors (CFC ABC) to receive the Eagle Award, the Chapter’s highest recognition. Central Florida ABC honored the Eagle winners at its Annual Awards Presentation Banquet held at the Hyatt Regency Orlando late last year.
Each year, the CFC ABC recognizes and celebrates outstanding projects built by its members. The premier construction industry competition, established in 1988, honors the most prestigious construction projects in Central Florida. The awards competition serves to raise the level of construction standards throughout the industry by recognizing the workmanship of those who contribute and by showcasing the results of their commitment.
Maitland City Centre was developed by The Allen Morris Company. The award was given to Walker Lamm Joint Venture, LLC and ACi Architects, who received the Eagle Award in the Residential/ Multifamily category.
Maitland City Centre is the first urban, live/work community in the Orlando suburb of Maitland that provides a true downtown and sense of community. Spanning across a three-acre city block with 35,000 square feet of prime retail and restaurant space, Maitland City Centre is surrounded by vibrant sidewalks and an enviable mix of trendy dining and retail concepts. The six-story building, located at the crossroads of Maitland’s City Hall and the new pedestrian-friendly Independence Lane, provides everyday conveniences that establishes the project as not only a lifestyle, but also a Live-Work-Play and walkable destination. As a Transportation Oriented Development (TOD), it incorporates the City Bike Trail on Independence Lane, and the SunRail Station is a block away.
“We are extremely proud of Maitland City Centre and all it represents,” says W. Allen Morris, Chairman & CEO of The Allen Morris Company. “This is a transcendent development for the area and great example of our proof of concept for our mixed-use developments. We are honored to be recognized.”
Coral Gables, Fla.–The Allen Morris Company, one of the largest diversified real estate firms in the southeast, has named Peter DiCorpo Chief Operating Officer, based in the firm’s Coral Gables headquarters.
Bringing more than 24 years of experience in real estate, investment and operations to his new role, DiCorpo will oversee the corporate and property operations of the company, streamline processes and procedures as well as ensure that the firm is well positioned for its planned growth, both in its existing lines of business as well as new ventures. Additionally, he will oversee an institutional process for capital raising and reporting.
“Peter is both a friend and a seasoned leader with an extremely broad array of industry knowledge that I am confident will be an asset to our team,” said W. Allen Morris, Chairman and CEO of The Allen Morris Company. “He is uniquely qualified to deliver results, and his track record of success in the industry will further support our long-term growth goals.”
Previously, DiCorpo served as the Chief Operating Officer of Waypoint Residential, where he managed corporate and property operations focused on the rental housing sector. During his tenure, DiCorpo oversaw significant growth in the firm’s portfolio, expanded the property management division to include Student Housing and significantly upgraded infrastructure operations using emerging technology solutions. Prior to that, he served as
President of the $10billion U.S. Core Investment Platform at CBRE Global Investors and as Chief Administration Officer of AIG Global Real Estate.
“I am thrilled to join The Allen Morris Company at such a pivotal time for the organization,” added DiCorpo. “The firm is a respected leader within the real estate industry and I am excited to be given this opportunity. I look forward to working with such a noted team of professionals.”
DiCorpo earned his Masters of Business Administration from New York University’s Stern School of Business with a concentration in Finance and Management and an Accelerated Masters Degree in Professional Accounting from the University of Hartford. He earned his Bachelor of Arts in Mathematical Economics from Colgate University. DiCorpo also serves as Board of Director and Treasurer of the Westchester Land Trust and as Board Member and prior Chairman of the National Association of Real Estate Investment Managers (NAREIM).
For more information on The Allen Morris Company, please visit www.allenmorris.com.
Innovative mixed-use community set to become West Midtown’s definitive urban destination
Atlanta, GA. – The Allen Morris Company, one of the largest diversified real estate firms in the southeast, today announced that it has closed a $100 million construction loan for Star Metals Offices, the office component of the highly-anticipated $330 million mixed-use Star Metals Atlanta, in West Midtown.
Barings and Bank OZK provided $100 million in financing on the 267,000 square foot building. The equity was provided by MBR, LLC, an affiliate of The Allen Morris Company and ICM Asset Management, Inc. of Calgary.
“This is our 84th development and our 22nd project in Georgia. Star Metals Offices is intended to shatter the paradigm with the most innovative, creative attractive work environment in Atlanta. It’s definitely not your grandfather’s office building. We are attracting the most innovative, disruptive companies that want to recruit and retain the top creative, tech-savvy workforce in the City. For a CEO or CFO, it is a smart strategic move that will set their company apart from the pack,” states W. Allen Morris, Chairman and CEO of The Allen Morris Company.
The 14-story, Class ‘A’ LEED certified office tower totals approximately 267,000 square feet and will include approximately 40,000 square feet of retail and restaurants. Located at 1055 Howell Mill Road, Star Metals Offices is part of the comprehensive $330 Million Star Metals Atlanta development, inclusive of the 9-story, 409-unit Star Metals Residences located at 1050 Howell Mill Road, as well as commercial, hotel, entertainment and F&B components.
Designed by award-winning and internationally-respected design architect Chad Oppenheim of Oppenheim Architecture and Warner Summers Architecture firm, Star Metals Offices offers a confluence of modern luxury and contemporary amenities including 35,000 square feet of high ceiling retail on the ground floor and a 5,000 square foot roof top restaurant / bar, providing the ideal mix of food, beverage, entertainment and exercise options for tenants, Platinum Wired Certification, five levels of parking, along with an array of tenant amenities. The office amenities will include lushly landscaped outdoor terraces, multiple tenant collaboration areas, a fitness center, bike storage/shower facilities and locker rooms. The roof top restaurant / bar will provide a unique ‘glass house’ rooftop amenity with panoramic views of Buckhead, Midtown and Downtown.
Enhancing the West Midtown community while honoring the historical composition and materials of the old rail yards for which West Midtown is known for, Star Metals Offices will be The Allen Morris Company’s 84th successful development. To date, Star Metals Offices has been 25 percent preleased to Spaces, a leading co-working group.
Star Metals Offices is slated for delivery in Fall of 2020.
For more information, please visit, http://www.allenmorris.com/.
Coral Gables, Fla. –The Allen Morris Company, one of the largest diversified real estate firms in the southeast, is pleased to announce that Jose Rafael del Rosal and Maricarmen Cabrera have joined the firm’s Brokerage Service Division.
As the firm’s Commercial Associate/Analyst, Del Rosal focuses on sales and lease negotiations working with buyers, sellers, landlords and tenants. Along with holding a Master of Science in International Real Estate from Florida International University, Del Rosal has the network, background, and ability to see any project to its end and has a strong understanding of what motivates each side and how to use that information to meet or exceed the client’s expectations and investment objectives.
Before joining The Allen Morris Company, Del Rosal served as Operations Manager for a contracting business specializing in emergency loss mitigation services and structural restoration to buildings located in South Florida. Prior to that, Del Rosal served as a Client Service Associate for Morgan Stanley Wealth Management located in Aventura, Florida, where he managed daily operations for international clientele as well as assisted with wealth management services and researched mutual funds, exchange-traded funds and equity, financial ratios and comparables through Bloomberg and Thompson Reuter, amongst other duties.
In her role, Cabrera provides commercial leasing assistance for tenant and landlord representation as well as investment sales for both buyers and sellers, ensuring that each client’s requirements are timely delivered with optimal results. Working alongside the company’s senior brokerage leaders has equipped Cabrera with the skills and knowledge needed to excel in the industry. Through extensive market knowledge, analysis and customized counsel, Cabrera helps individuals and businesses accomplish or exceed their real estate goals.
Prior to joining The Allen Morris Company, Cabrera worked at Interval International, a leading global company that operates membership programs for vacationers and provides value-added services to its international roster of developer clients. In her years at Interval International, she served as HRSM manager, Recruiting Administrator, HRSM Supervisor, and HRSM Coordinator.
“We are thrilled to welcome Rafael and Maricarmen, two dedicated and skilled professionals, to our team,” said W. Allen Morris, Chairman and CEO of The Allen Morris Company. “We are confident that their extensive knowledge from previous professional experiences will prove to be a great asset for The Allen Morris Company.”
For more information on The Allen Morris Company, please visit www.allenmorris.com.
Coral Gables, Fla. (Mar. 11, 2019) –The Allen Morris Company, one of the largest diversified real estate firms in the southeast, is pleased to announce that Daniel Schwimmer has been named Director of Capital Markets, based in the firm’s Coral Gables headquarters.
In his new role at The Allen Morris Company, Schwimmer will be responsible for managing the firm’s debt and equity capital relationships across the company’s entire portfolio.
Previously, Schwimmer was a Vice President at Wells Fargo Securities in its Real Estate Syndicated Finance group, based in New York. At Wells Fargo, Schwimmer focused on the origination and syndication of large real estate loans with a focus on construction across the East Coast.
“We are thrilled to have Danny join our team and bring his extensive experience in capital markets to our firm,” said W. Allen Morris, Chairman and CEO of The Allen Morris Company. “His impressive background coupled with his proven ability to understand the intricacies of capitalizing projects position him as a valuable asset to The Allen Morris Company as we continue to expand our business.”
A Miami native, Schwimmer spent the last seven years in New York before moving back to Miami. He earned both his Master of Science in Finance and Bachelor of Science in Finance from the University of Florida.
“I am excited to be joining The Allen Morris Company and look forward to contributing to the future success and growth of the company,” added Schwimmer.
For more information on The Allen Morris Company, please visit www.allenmorris.com.
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About The Allen Morris Company:
The Allen Morris Company is one of the largest real estate firms in the Southeast U.S. specializing in commercial, multi-family residential, hospitality and mixed-use developments, leasing and brokerage as well as property management. With offices in Miami, Coral Gables, Fort Lauderdale, Orlando, Jacksonville and Atlanta, The Allen Morris Company has served its business and investment clients for 60 years. For more information, please visit www.allenmorris.com., or follow us on Facebook at www.facebook.com/TheAllenMorrisCompany or on Twitter @allenmorrisco.
MIAMI –The Allen Morris Company, one of the largest diversified real estate firms in the Southeast, is proud to announce its world-class office building, Alhambra Towers, has won the prestigious 2019 Building Owners and Manager’s Association’s (BOMA – Miami Dade) “TOBY Award” in the category of buildings 100,000-249,999 square feet. The “TOBY Award” stands for The Office Building of the Year.
Centrally located at 121 Alhambra Plaza in Coral Gables, Florida, the iconic Alhambra Towers features Mediterranean architecture with historical facets and state of the art facilities that set it apart. Encompassing 175,000 square feet, the 16-story Class A office building is home to a variety of notable corporations and has previously garnered 9 awards, including the prestigious Developers & Building Alliance Property of the Year award in the state of Florida. The “TOBY Award” is the 10th award Alhambra Towers has been honored with.
“We are delighted to have been selected as this year’s “TOBY Award” winner for Alhambra Towers,” said W. Allen Morris, Chairman and CEO of The Allen Morris Company. “Alhambra Towers was designed with a passionate vision that reflects who we are as a company. We are deeply rooted in designing and developing impactful buildings that make a difference in our communities and that inspire, impress and truly improve the lives of those individuals and business who choose to make our buildings their location of choice.”
The prestigious BOMA “TOBY Award” is the commercial real estate industry's highest recognition honoring excellence in commercial building management and operations in specific categories of building size or type. During the competition, all facets of a building's operations are thoroughly evaluated. Judging is based on community impact, tenant and employee relations programs, energy management systems, accessibility, emergency evacuation procedures, building personnel training programs and overall quality indicators. A team of expert industry professionals conduct the comprehensive building inspections.
