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CREW Charlotte November Virtual Luncheon: Economic Outlook – the New Crystal Ball

Cohnreznick Announces Partner/principal Elections

January 11, 2013 – New York, NY – CohnReznick LLP, the 11th largest accounting, tax, and advisory firm in the United States, announced the election of three new partners and three new principals this past Fall.
 
Mike Celkis, CPA, is a partner with the Firm’s Tax Practice in Austin, TX. Mike is responsible for providing domestic tax, financial accounting, and tax consulting services to individuals, corporations, and partnerships in a variety of industries. Mike has a Bachelor’s of Business Administration degree in Accounting and Master’s degree in Accounting from Eastern Michigan University.
 
Michael Harlow, CPA, is a partner with CohnReznick based in the Bethesda, MD office, who specializes in serving private enterprises. Michael has more than ten years of experience in public accounting, serving clients in attestation, accounting, and tax advisory roles, as well as extensive experience across multiple real estate related industries, including homebuilding, land development, residential management, commercial management, and land engineering.  Michael received his Bachelor of Science degree in Accounting and a Master’s in Accounting from North Carolina State University.
 
Cristi Lewis, CPA, is a partner in the Audit and Assurance Practice of CohnReznick’s Charlotte, NC office, and is a member of the Firm’s Construction Industry Practice. She has more than 15 years of public accounting experience and her industry expertise includes construction contractors, commercial real estate, residential multifamily housing, and governmental agencies. She has her Bachelor of Science degree in Accounting from the University of North Carolina at Charlotte.

Patricia McGarr, MAI, CRE, FRICS, CRA, joined CohnReznick Advisory Group (“CRAG”) in January 2012 and leads the efforts of CRAG’s valuation advisory services to the commercial real estate industry. A principal based in the Firm’sChicago, IL office, she is a seasoned valuation professional and widely recognized for her knowledge as a real estate litigation consultant. She holds a Bachelor’s degree in General Studies from North Park University, and is a State Certified General Real Estate Appraiser in Illinois, Indiana, Michigan, Wisconsin, Florida, Texas, the District of Columbia, New Jersey, and California.
 
Nick Ratti is a principal in CohnReznick’s Boston, MA office, specializing in tax incented real estate transactions. He develops and evaluates transaction structures, provides tax compliance advice, evaluates tax credit recapture or tax-loss reallocation issues and provides syndication advisory services.  Nick has experience structuring a wide range of low-income housing, historic, and new market tax credit transactions. He received his Bachelor of Science degree in Accounting and Finance from Providence College.
 
 
Brett Weal is a principal in the Firm’s Commercial Real Estate and Renewable Energy Industry Practices in Atlanta, GA. During his time at CohnReznick, Brett has helped to negotiate more than one billion dollars worth of equity for tax credit transactions. His clients include major publicly-held Fortune 500 companies, non-profit housing organizations, and experienced real estate and renewable energy developers across the United States. Brett received his Bachelor of Arts degree in Economics from Emory University.
 
About CohnReznick
With origins dating back to 1919, CohnReznick LLP is currently the 11th largest accounting, tax and advisory firm in the United States, combining the resources and technical expertise of a national firm with the hands-on, entrepreneurial approach that today's dynamic business environment demands. The firm was formed out of the combination of J.H. Cohn and Reznick Group in October 2012. CohnReznick serves a large number of diverse industries and offers specialized services for Fortune 1000 companies, owner-managed firms, international enterprises, government agencies, not-for-profit organizations, and other key market sectors.

Headquartered in New York, NY, CohnReznick serves its clients with more than 280 partners, 2,000 employees and 25 offices nationwide. The firm is a member of Nexia International, a global network of independent accountancy, tax, and business advisors. For more information, visit www.cohnreznick.com

Trinity Capital Advisors Purchases Two Buildings In Charlotte's Shopton Ridge Industrial Park

January 16, 2012 – Trinity Capital Advisors is pleased to announce their purchase of two Class A office/warehouse buildings in Southwest Charlotte’s Shopton Ridge Industrial Park: 3845 Shopton Road (18-A) and 3810 Shutterfly Road (18-D). The buildings were purchased through a joint venture with PCCP (Pacific Coast Capital Partners).

The two buildings total 211,200 square feet and are located in Charlotte’s Southwest submarket, an exceptional location and accessibility at the intersection of I-485 and Highway 160. Major tenants include Linde Gas, Apria Healthcare, and Cardinal Health. The new ownership has hired Trinity Partners to handle leasing and management responsibilities for 18-A and 18-D. Senior Broker Bill Wood says the high-quality assets are well-positioned within one of Charlotte’s most attractive industrial submarkets.

“Because of the lack of new construction in this product type over the past several years, the existing vacancies in these buildings offer tenants a unique opportunity to lease shell condition, single-story office/warehouse space and design new, custom office and warehouse improvements per their specific requirements,” Wood noted. “We can accommodate tenants ranging in size from 6,400 to 96,000 square feet. The new ownership group is well capitalized, and we’re looking forward to bringing new momentum and energy to these Class A buildings.”
Trinity Capital Advisors CFO Sean McKinley is confident that the buildings’ institutional quality and prime location will prove attractive to tenants as the market continues to shift.
“We are excited about the opportunity to acquire these Class-A properties in an improving market, and look forward to working with the brokerage community to lease-up the current vacancy,” McKinley said.
For more information about Trinity Capital Advisors, please visit trinitycapitaladvisors.com.
ABOUT TCA
Trinity Capital Advisors is a real estate investment firm that acquires and develops office, industrial, and mixed-use real estate in the Southeastern United States markets of North Carolina, South Carolina, Virginia, Georgia, and Tennessee. Trinity Capital invests directly from its series of real estate investment funds, and also partners with institutional investors to build or improve the workplace real estate in which it invests. Trinity Capital’s investment platform has two primary competitive advantages: through its sister company, Trinity Partners, the firm is connected to the marketplace, making the majority of its investments off-market, and Trinity Capital’s operating platform puts the firm closer to each investment, allowing it to produce outstanding returns for investor partners. Trinity Capital is currently investing from Trinity Capital Value Fund III.

Wanda Townsend Of Johnston, Allison & Hord Recognized As 2013 Best Lawyers In America®

Wanda Townsend was selected to be included in Best Lawyers in America® for 2013 for her work in the practice area of  Banking and Finance and Real Estate Law.
 
Best Lawyers compiles an annual listing of outstanding attorneys through confidential peer-review surveys. Rankings included in the current 19th edition are based on nearly 4 million professional peer reviews.
 
For more information on Wanda Townsend and Johnston, Allison & Hord, please click here.
 
For more information on Best Lawyers, please click here.

The Center For Real Estate At Unc Charlotte Announced That It Will Be Offering Six Full-tuition Scholarships To The Msre Program For The 2013-2014 Aca

The scholarships, which each have a value in excess of $20,000 over the course of the program, are named in honor of three real estate industry leaders with close ties to the university:

  • Bissell Scholarships, named in honor of H.C. “Smoky” Bissell, will be awarded to individuals who have shown a keen interest in innovation;
  • Crosland Scholarships, named in honor of John Crosland Jr., will be awarded to foster the development of applicants who have exhibited leadership skills early in their careers;
  • Childress-Klein Scholarships, named in honor of Childress Klein Properties, will be awarded to those with a dedication to community stewardship.

For more information, please click here.

Holly Alexander Joins Office-leasing Team At Jones Lang Lasalle

Holly Alexander has joined the office-leasing team at Jones Lang LaSalle as a senior associate.

 
She previously was the director of business development at Concorde Construction Co. At JLL, Alexander will work with Charles JonasCharley Leavitt and Tom Fitzgerald on leasing more than 2.5 million square feet of office space in the market, including properties such as Fifth Third Center, 200 and 201 South Tryon Street and the two Fairview Center buildings in SouthPark.