Universal Orlando Resort will debut an adorable, original character, Earl the Squirrel, inspired by the actual tale of a mischievous squirrel who scurried into the theme park’s holiday décor years ago. Standing six-feet tall and sporting a festive “I Love Acorns” holiday sweater, the bright-eyed and bushy-tailed Earl will be available for meet and greets on select days beginning Saturday…
Acquisition of Park Place Apartments caps off busy year for CGI+ with more than $625 million in transaction activity in 2021
Park Place Apartments
WOODLAND HILLS, Calif. – Dec. 8, 2021 – PRLog — CGI+ Real Estate Investment Strategies has closed on the acquisition of a 275-unit multifamily community in the Orlando, FL submarket of Oviedo for $68.95 million.
Park Place is a garden-style apartment community offering a mix of one-, two-, and three-bedroom floor plans. The property, which was 99 percent occupied at the time of sale, is in close proximity to many of Orlando’s primary employment centers, including The University of Central Florida, Central Florida Research Park, and the Quadrangle Office Park.
Located at 940 City Plaza Way, Park Place was completed in 2015 as part of the Park Town Center development, a 108-acre master planned town center that includes retail, restaurants, community park, amphitheater and cultural center – all centered around a one-acre lake.
“Park Place was an institutionally owned and professionally managed property that is attractively positioned within the Oviedo submarket,” said Mark Cohen, CGI Managing Partner in the Southeast Region. “Over the last 12 months the market has grown approximately 22 percent and with the continued influx of new residents we expect that growth to continue.”
“The seller was an excellent steward of the property, however we believe that through our vertically integrated platform, we can further enhance the asset’s competitive position in this growing market and increase value significantly over the next two to three years,” added CGI+ founder and CEO Gidi Cohen. “However, we are willing and able to hold the asset for 10 years in the event market conditions change.”
Managing Directors Ken DelVillar and Jay Ballard in the Orlando office of JLL Capital Markets, Americas, marketed the property on behalf of the seller. Elliott Throne, Senior Managing Director in the Miami office of JLL Capital Markets, Americas, arranged the acquisition financing.
In a separate and unrelated transaction, CGI+ sold Cane Island, a 168-unit multifamily community in Kissimmee, FL for $44 million.
“We acquired Cane Island in 2017 and by successfully implementing our proven value add program we generated robust cash flow over the hold period, outperforming our original 10-year exit projections by more than 30 percent in only four years,” said Mark Cohen. “This allowed us to provide our investors with attractive adjusted returns at the time of the sale.”
The two Q4 transactions capped off an active 2021 for the Los Angeles-based real estate investment company with more than $625 million in transaction activity that included:
- The acquisition of Brookhaven a two-property, 712-unit multifamily portfolio located in Atlanta, GA in an off-market transaction for $144.75 million.
- The $74.5 million sale of Astoria at Celebration, a 306-unit luxury multifamily community in Celebration, FL.
“Our goal is to use the momentum we have created this year to achieve even more significant results in 2022 for our investors and company,” said Gidi Cohen.
About CGI+ Real Estate Investment Strategies
CGI+ Real Estate Investment Strategies (http://www.cgiplus.com) is a Los Angeles-based multifamily investment and development firm with more than $1.85 billion in assets under management. Our portfolio of multifamily and mixed-use assets represents approximately 3,000 apartment units located primarily in Los Angeles, New York, Atlanta and Florida.
DB&R Marketing Communications, Inc.
Journey To and With God, a new book by Kristie S. Beam, has been released by Dorrance Publishing Co., Inc.
Journey To and With God reflects the author’s own personal journey to and with God as she continues to navigate through life. It is deep reflection of circumstances and life events that have and continue to shape and mold her and how God has impacted her and those around her through His word. She writes in the hope that the trials and events in her life may inspire others and, in turn, bring them to God as well as solidify their spirits with Him.
About the Author
Kristie S. Beam first found God after her husband’s suicide in 2017. She attended a church out of deference to a friend and something spoke to her. She knows it was God, and since then, she has immersed herself in His word and teachings. Beam attends and is active in her church, Hope Church Winter Garden, in Florida and recently became engaged. Beam has a young, and troubled, foster son that she is trying to get on the right path while wading through the mess left of him by his family. She is currently attending OCU pursuing her AA in ministry in the hopes to work with youth at that same church when finished. While her path has been troubled in the last six years to say the least, she has found a comfort and resolution within the teachings of God and wishes to share that with all she can. If she is able to touch one person through her writing, educating, or speaking, then she has certainly accomplished the good works He has set her to.
Journey To and With God is a 96-page paperback with a retail price of $12.00 (eBook $7.00). The ISBN is 978-1-6393-7014-6. It was published by Dorrance Publishing Co., Inc of Pittsburgh, Pennsylvania. For members of the press, to request a review copy, visit our virtual pressroom at http://dorrancepressroom.com or to buy the book visit our online bookstore at https://bookstore.dorrancepublishing.com/journey-to-and-with-god/
ORLANDO, Fla. – July 21, 2021 – PRLog — For the second year in a row the Smith & Eulo Law Firm: Orlando Criminal Defense Lawyers has awarded students who are about to enter or already enrolled in Law School with a legal scholarship. Founding Partners Ken Eulo, Esq. and Darryl Smith, Esq believe in supporting education and the next generation of lawyers, they know how important it is to foster education and help pave the way for future generations. Therefore, for the school year 2022-23, they have decided to give back directly to students currently enrolled in 3 specific schools attended by the firm’s attorneys. The schools are: University of Florida, Levine College of Law, Florida Agricultural and Mechanical University (FAMU) College of Law and Vanderbilt Law School.
The Smith & Eulo Law Firm: Orlando Criminal Defense Lawyers proudly announced Stephanie Wong as the winner of their fall 2021 Academic Semester Scholarship, currently enrolled at Notre Dame Law School. They had several talented and dedicated applicants but were truly touched by the passion and dedication Stephanie has shown not only for her education but for serving the Asian American and Pacific Islander (AAPI) community.
Growing up as the daughter of immigrants, Stephanie experienced firsthand the struggles and cultural assimilation challenges that come along. These experiences have shaped Stephanie to become motivated to help her community and other immigrant communities who are struggling against harmful stereotypes. Stephanie wants to be the representation the Asian American and Pacific Islander (AAPI) community is missing in the courtrooms; she wants children of color to see themselves in her and believe that they can also achieve their dreams.
The Smith & Eulo Law Firm: Orlando Criminal Defense Lawyers is pleased to know Stephanie plans to use her law degree to serve marginalized communities and inspire future generations of AAPIs and other minorities to follow in her footsteps.
To continue with their mission of giving back to the community and helping the future generation of lawyers, Ken Eulo, Esq. and Darryl Smith Esq. have decided for the school year 2022 – 23 to give back directly to students attending 3 specific schools that helped shaped the firm’s attorneys. The requirements and deadlines for the 3 different scholarships are listed on their legal scholarship page (https://www.smithandeulo.com/legal-scholarship/) on their website, the deadline for the application is May 30th, 2022 and selections will be made by July 1st, 2022.
About Smith & Eulo Law Firm: Orlando Criminal Defense Lawyers
Smith & Eulo Law Firm: Orlando Criminal Defense Lawyers (https://www.smithandeulo.com/legal-scholarship/)
is a leading criminal defense and civil litigation law firm headquartered in Orlando, FL with additional locations in Jacksonville, Tampa, Daytona Beach, Ocala, Kissimmee and Lakeland, FL. Founded by Darryl Smith, Esq. and Ken Eulo, Esq. both criminal defense attorneys with several years of experience successfully litigating hundreds of criminal cases, their lawyers have been featured nationally on media outlets like CNN and Court TV.