Archive for January, 2011
NAI Global, the world’s premier managed network of commercial real estate firms and one of the largest real estate services providers worldwide, today announced Hayim Mizrachi, CCIM has been promoted to Managing Director and will become the Broker of Record at NAI Las Vegas. Mizrachi joined the firm in 2010.
“Hayim brings a new energy and leadership to the Las Vegas office,” said Jeffrey M. Finn, NAI Global President and CEO. “Since joining the firm, Hayim has raised NAI’s profile among owners, investors and tenants across the market. He has the vision and experience to lead the Las Vegas brokerage team to even greater success as the region recovers from the downturn.”
“This is an exciting time for a broker,” said Mizrachi. “Las Vegas is on sale, and there are tremendous opportunities for investors and corporate space users interested in owner/operator, in all product types. Las Vegas was hit the hardest during the economic downturn, but now prices have come down and in many locations overcorrected, leaving opportunities for savvy buyers.”
Mizrachi joined NAI Las Vegas as First Vice President and Business Manager in 2010 and was responsible for driving the business development and broker recruitment process for the office. Prior to joining the firm, he served as a commercial real estate specialist for Prudential | IPG Commercial Real Estate, and previously worked with Mizrachi Development as Operations Manager. He is a graduate of the University of Nevada, Las Vegas, where he earned a degree in business administration and marketing.
NAI Las Vegas is located at 840 Grier Drive, Suite 340 in Las Vegas. For more information, visit www.nailasvegas.com.
NAI Global today announced Art Carll has joined its corporate team as Senior Vice President. Carll previously served as the executive managing director of NAI Las Vegas and Regional Manager for the Western Region for NAI Global. More >
NAI Global announced today it is expanding its coverage in northern California with the signing of Kilpatrick & Company Brokerage. The firm will operate as NAI Kilpatrick, serving the Oakland and San Francisco markets, beginning April 1. More >
NAI Bluestone Real Estate Capital Raises $9.5M in Financing for the Acquisition and Redevelopment of the Northeastern Hospital in Philadelphia, PA
NAI Bluestone Real Estate Capital has successfully raised $9.5 million in debt and equity financing for the acquisition and redevelopment of the Temple Northeastern Hospital, a 280,000 SF health care facility located in the Port Richmond section of Philadelphia, PA. NAI Bluestone acted as both advisor and principal on behalf of a Philadelphia based partnership. The partnership recently closed on the acquisition and will convert the property into a Class A hospital and multi-tenant medical office facility anchored by Temple University Health Systems. Bluestone secured the financing from a private New York City based investor and through its subsidiary, Bluestone Healthcare Capital, provided credit enhancement for the partnership’s lender. More >
NAI Global announced today it is expanding its coverage in Albuquerque, NM with the signing of Maestas & Ward. The firm will now operate as NAI Maestas & Ward.
Headquartered in Albuquerque, NAI Maestas & Ward Commercial Real Estate is regarded as one of the fastest-growing and most respected commercial real estate firms in New Mexico. With 50 full-time professionals, NAI Maestas & Ward is a full service firm offering brokerage and leasing of retail, industrial, multifamily and office properties, as well as business brokerage and property management services.
NAI Maestas & Ward was co-founded in 1996 by Steve Maestas and Phil Ward. Phil Ward has since retired from the company leaving Maestas as the managing partner. The firm’s marketing phrase, “Got Space,” has given it the highest brand awareness in the New Mexico market.
In announcing the NAI affiliation, Maestas stated, “The extensive knowledge and experience of our advisors, combined with the broad reach and expertise of NAI Global, will enable our clients to benefit from a menu of international contacts and services. In a recessionary cycle, we need to utilize every possible resource. The NAI Global platform gives our clients this extra competitive advantage.”
“We are excited to have Steve’s team on board,” said NAI Global Executive Vice President David Blanchard. “Maestas & Ward has a very strong presence in the greater Albuquerque market. Their dedication to superior client service and a desire to expand their reach around the globe makes them a perfect fit within NAI’s managed network.”
NAI Maestas & Ward is located at 6801 Jefferson NE, Suite 200 in Albuquerque, NM. Headquartered in Princeton, NJ, NAI Global manages a network of 350 offices and 5,000 professionals in 55 countries across the globe.