DOCSLIB.ORG

Commercial Mortgage Alert

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Commercial Mortgage Alert JANUARY 29, 2016 CMBS Issuance Could Be Choppy This Year With regulatory changes looming and spreads blowing out, conduit shops expect 17 SECURITIZATION PROGRAMS an uneven pace of commercial MBS issuance this year. The sharp spike in spreads this month has caused a pullback in originations. 38 SCORECARD FOR CMBS SPREADS Lenders say that will lead to a slowdown in issuance when loan warehouses become 2 Calpers Taps Deutsche for $1 Billion depleted, probably around late March. Another lull is likely later in the year — perhaps starting in October or Novem- 2 Debt Sought on SF Apartment Portfolio ber — as issuers grapple with the December implementation of risk-retention regula- tions. Those rules have injected so much uncertainty that market pros widely expect 2 Latitude Seeks $500 Million for Fund lenders to slow originations. The reason: to avoid being stuck with warehoused loans 4 CMBS Prices Rise, Reversing Course if issuance is disrupted as the implications of risk retention are sorted out. By the same token, that anticipated late-year lull could in turn prompt a bor- 6 Banks Await Winner of Vegas Rentals rower stampede over the summer, with property owners rushing to close mortgages before lenders become more cautious. “People will want to hurry up and get in Mesa West, Allianz Write DC Loans 8 See ISSUANCE on Page 16 10 Group Advocates for Women in CMBS 12 Witkoff Eyes Refi of NY Office Condo As Ban Ends, S&P Moving to Revive Business S&P 12 Goldman, UBS Share Retail Loan wants to jump back into the conduit market with both feet. As soon as its one-year ban from the sector ended last week, S&P executives 34 Floater Sought to Refi Pa. Office Parks began reaching out to commercial MBS dealers and investors in an effort to rebuild that part of its business. 36 Wells Reaches Servicing Milestone “We are having conversations with market participants to let them know that we 36 Square Mile Lends on Illinois Rentals are back in the market and confident that we have the resources needed to provide ratings and quality research” on conduit deals, executive managing director James 42 INITIAL PRICINGS Wiemken, global head of structured finance ratings, said in an interview Wednesday. S&P faces a big challenge. The agency’s conduit market share had plummeted even before the SEC enacted the ban last January, leading it to lay off 16 of the THE GRAPEVINE 48 members of its CMBS group in mid-2014. That followed a series of missteps that drew the ire of issuers and investors alike. So S&P will have to win back not Eli Hattem has joined CIBC in New York only dealers, which select the agencies that rate individual deals, but also bond as a managing director overseeing See BAN on Page 40 origination of commercial MBS loans. Hattem spent the past seven years at New Deutsche to Lead Loan for NY Condo Project York advisory shop Park Bridge Financial, where he was a founding partner. Before Extell Development is close to tying up an $888 million financing package for the that, he was chief operating officer of construction of a residential skyscraper in Lower Manhattan. Merrill Lynch’s conduit-lending program. Deutsche Bank has agreed to lead the floating-rate loan and is in the process He started last month at CIBC, reporting of rounding up other lenders to participate. The debt, with a four-year term and to Mike Higgins, head of U.S. real estate a one-year extension option, would back Extell’s planned 815-unit condominium finance. building, at 250 South Street, just north of the Manhattan Bridge. Several people with knowledge of the details said Deutsche is the sole lead at this Paul Jankovsky started at Quadrant Capital point, but one or more other lenders likely will step up to share that duty. A meeting this month as a managing director heading was held last week for banks interested in taking pieces of the debt. small-balance mezzanine lending. Dallas- The ballpark loan-to-cost ratio is 65%, pointing to a construction bill of around based Quadrant rolled out its mezzanine $1.4 billion. Pricing would be 300 bp over one-month Libor on the initial proceeds, program in October with a $20 million stepping up to 375 bp when significant drawdowns begin. origination target. President Michael Young The 80-story tower, dubbed One Manhattan Square, would be one of the largest See GRAPEVINE on Page 51 See DEUTSCHE on Page 14 January 29, 2016 Commercial Mortgage 2 ALERT Calpers Taps Deutsche for $1 Billion selling an equity interest of up to 49% or a preferred equity stake. The Mosser venture bought most of the 12 buildings from Deutsche Bank has agreed to write a $1 billion fixed-rate local owners. It plans to spend some $10 million on upgrades. loan to finance Calpers’ pending acquisition of the office build- The largest of the properties has 58 units. Some 90% of the ing at 787 Seventh Avenue in Midtown Manhattan. apartments are rent-regulated. Calpers has agreed to buy the 1.8 million-square-foot prop- A substantial amount of San Francisco’s multi-family stock erty, formerly called the Equitable Tower, from AXA Equitable is old and subject to rent regulation, yet investors and lenders Financial for $1.9 billion. have been bullish on the city as values continue to rise. Portfo- Deutsche will securitize the 10-year loan via a stand-alone lio offerings have seen heavy bidding in recent months, as they offering, likely next month. The loan-to-value ratio is a skimpy give institutional investors a chance to achieve scale quickly in 53%, which will likely make the deal appealing to bond buyers. the hot market. Calpers is being advised by CommonWealth Partners of Los Angeles. Eastdil Secured is brokering the property sale for AXA Latitude Seeks $500 Million for Fund and the loan for Calpers. AXA put the building and the adjacent 1285 Avenue of the Latitude Management Real Estate is soliciting $500 million Americas on the block last fall. The two buildings are back-to- of equity for its fourth high-yield debt fund, which would be back, stretching from West 51st to West 52nd Streets, between its largest to date. Sixth and Seventh Avenues, in the Midtown West submarket. Like its predecessor, LM Real Estate Capital Fund 4 would AXA and a partner, J.P. Morgan Asset Management, have sepa- shoot for a 10-11% return by originating bridge loans on com- rately struck a deal to sell 1285 Avenue of the Americas, which mercial properties in primary and secondary markets. The typ- also encompasses 1.8 million sf, to RXR Realty of Uniondale, ical borrower will be a buyer planning to upgrade a property or N.Y., for about $1.7 billion. That property was formerly known improve its management. as the Equitable Building. Marketing is to begin next month, with an initial close The 50-story tower at 787 Seventh Avenue is 98.3% leased, expected at the end of the second quarter. If it reaches its goal, with a weighted average remaining lease term of 8.5 years. The the fund could have some $1.25 billion of lending capacity with tenants include BNP Paribas (463,000 sf until 2022), Willkie leverage. Farr (355,000 sf until 2027), Sidley Austin (352,000 sf until Beverly Hills-based Latitude lends against all property 2022), Stifel Nicolaus (215,000 sf until 2026) and UBS (152,000 types, but doesn’t write land or construction loans. The geo- sf until 2025). UBS, whose headquarters is in 1285 Avenue of graphic focus encompasses the southern half of the country the Americas, has evidently expressed an interest in expanding and the Pacific and Mountain states. The fund would mainly its space. target floating-rate loans of $5 million to $35 million, with Sources familiar with the property said the tenants are con- three-year terms and extension options going out to five years. tractually obliged to pay $1.1 billion of rent through their lease The loan-to-cost ratio would generally be 75-80%. expirations. Latitude’s pitch will target U.S. and European pension funds The property was built in 1985 as the headquarters of Equi- and life insurance companies. Wren Capital of San Francisco is table Life, which was acquired in 1991 by French financial-ser- its placement agent. vices giant AXA. Two high-end restaurants, Le Bernardin and The largest investors in its $405 million Fund 3 are Texas Bar Americain, lease space on the ground floor. The building Employees ($100 million), Pennsylvania School Employees ($75 also includes a swim club, an 80-car garage, a 487-seat audito- million) and Ohio Bureau of Workers Compensation ($50 mil- rium and a television production studio. lion). That vehicle held its final close in 2013 and is now 95% invested. Debt Sought on SF Apartment Portfolio Rather than the typical three-year investment window, Fund 4 will have a five-year period to give it more flexibility to A partnership is shopping for up to $120 million of floating- recycle capital into fresh investments. rate debt to refinance a dozen San Francisco apartment proper- Latitude is led by president Glenn Sonnenberg and executive ties. vice president Chip Sellers. It was formed in 2009 via a manage- Local developer Mosser Cos. and New York hedge fund shop ment buyout of a Legg Mason fund operation, Legg Mason Real BlueMountain Capital are talking to lenders about a five-year Estate Investors.
Load more

Recommended publications
  • Leseprobe 9783791384900.Pdf
    NYC Walks — Guide to New Architecture JOHN HILL PHOTOGRAPHY BY PAVEL BENDOV Prestel Munich — London — New York BRONX 7 Columbia University and Barnard College 6 Columbus Circle QUEENS to Lincoln Center 5 57th Street, 10 River to River East River MANHATTAN by Ferry 3 High Line and Its Environs 4 Bowery Changing 2 West Side Living 8 Brooklyn 9 1 Bridge Park Car-free G Train Tour Lower Manhattan of Brooklyn BROOKLYN Contents 16 Introduction 21 1. Car-free Lower Manhattan 49 2. West Side Living 69 3. High Line and Its Environs 91 4. Bowery Changing 109 5. 57th Street, River to River QUEENS 125 6. Columbus Circle to Lincoln Center 143 7. Columbia University and Barnard College 161 8. Brooklyn Bridge Park 177 9. G Train Tour of Brooklyn 195 10. East River by Ferry 211 20 More Places to See 217 Acknowledgments BROOKLYN 2 West Side Living 2.75 MILES / 4.4 KM This tour starts at the southwest corner of Leonard and Church Streets in Tribeca and ends in the West Village overlooking a remnant of the elevated railway that was transformed into the High Line. Early last century, industrial piers stretched up the Hudson River from the Battery to the Upper West Side. Most respectable New Yorkers shied away from the working waterfront and therefore lived toward the middle of the island. But in today’s postindustrial Manhattan, the West Side is a highly desirable—and expensive— place, home to residential developments catering to the well-to-do who want to live close to the waterfront and its now recreational piers.
    [Show full text]
  • Brilliant Places for Our Customers the Crown Estate Integrated Annual Report and Accounts 2018/19 the Crown Estate Integrated Annual Report 2018/19 Contents
    Brilliant places for our customers The Crown Estate Integrated Annual Report and Accounts 2018/19 The Crown Estate Integrated Annual Report 2018/19 Contents Overview 01-04 About this integrated report Introduction 01 An integrated report is aligned with The Companies Act 2006 (Strategic Report and Directors’ Report) Highlights of our year 02 Regulations 2013. In the opinion of the Board, At a glance 04 our 2018/19 Integrated Annual Report is in alignment with the International Integrated Reporting Council (IIRC) Framework. To read more about our Performance 05-49 integrated reporting ambitions for the future Chief Executive’s review 06 including our Performance Against Capitals report Our Corporate Strategy 10 visit: thecrownestate.co.uk/annual-report Our material issues 11 The Crown Estate Integrated Annual Report and Accounts 2018/19 presented to Parliament pursuant Our objectives and KPIs 12 to sections 2(1) and 2(5) of the Crown Estate Act 1961. Our business model 14 Ordered by the House of Commons to be printed 24 June 2019. HC 2257 Markets and portfolio review 16 Assurance Our markets 17 KPMG LLP has provided independent limited Portfolio review 19 assurance over selected data highlighted in this report Operations review 28 with this symbol ∆, using the assurance standard ISAE 3000 and, for selected greenhouse gas data, Financial review 36 ISAE 3410. KPMG has issued an unqualified opinion Our risk and strategy architecture 42 over the selected data. KPMG’s full assurance statement is available on Governance 50-78 our website, together
    [Show full text]
  • Report on Dale Street/Lena Street to Planning and Highways Committee
    Manchester City Council List No.12 Planning and Highways Committee 25 November 2010 Application Number Date of Appln Committee Date Ward 093555/FO/2010/C2 16th Sep 2010 25th Nov 2010 City Centre Ward Proposal Erection of 12 storey hotel following demolition of existing steel structure Location Dale Street/ Lena Street, Manchester, M1 2HP, Applicant Property Alliance Group Ltd and Issa Developments Ltd (in..., Alliance House, Westpoint Enterprise Park, Clarence Avenue, Trafford Park, Mancehester, M17 1QS Agent Mr Andrew Edmunds, Stephenson Bell, Aeroworks, 5 Adair Street, Manchester, M1 2NQ Description The application relates to a site bounded by Dale Street, Lena Street, the Rochdale Canal with a surface level car park beyond and 111 Piccadilly. The Rochdale Canal which runs east to west of the application site is in a deep cutting below street level with a walkway on the opposite side to the site. Outline planning consent was granted in 2000 for a 25 storey mixed use development comprising retail on ground floor and residential units on the upper floors (application ref no 058500). A subsequent application for approval of reserved matters (application ref no 070257) was granted in 2004. Work commenced on site including the site’s excavation and piling and completion of slab and steel structure to approximately first floor level before the development was terminated. In its current condition, the site is a major blight on the area and has been for some time now. There is also now no prospect of the extant scheme being completed and it is necessary to consider alternative forms of development on this site.
    [Show full text]
  • Listed Exhibitions (PDF)
    G A G O S I A N G A L L E R Y Alexander Calder Biography Born in 1898, Lawnton, PA. Died in 1976, New York, NY. Education: 1926 Académie de la Grande Chaumière, Paris, France. 1923–25 Art Students League, New York, NY. 1919 B.S., Mechanical Engineering, Stevens Institute of Technology, Hoboken, NJ. Solo Exhibitions: 2015 Alexander Calder: Imagining the Universe. Sotheby’s S|2, Hong Kong. Calder: Lightness. Pulitzer Arts Foundation, Saint Louis, MO. Calder: Discipline of the Dance. Museo Jumex, Mexico City, Mexico. Alexander Calder: Multum in Parvo. Dominique Levy, New York, NY. Alexander Calder: Primary Motions. Dominique Levy, London, England. 2014 Alexander Calder. Fondation Beyeler, Basel. Switzerland. Alexander Calder: Gouaches. Gagosian Gallery, Davies Street, London, England. Alexander Calder: Gouaches. Gagosian Gallery, 980 Madison Avenue, New York, NY. Alexander Calder in the Rijksmuseum Summer Sculpture Garden. Rijksmuseum, Amsterdam, Netherlands. 2013 Calder and Abstraction: From Avant-Garde to Iconic. Los Angeles County Museum of Art, Los Angeles, CA. 2011 Alexander Calder. Gagosian Gallery, Davies Street, London, England. 2010 Alexander Calder. Gagosian Gallery, W. 21st Street, New York, NY. 2009 Monumental Sculpture. Gagosian Gallery, Rome, Italy. 2005 Monumental Sculpture. Gagosian Gallery, W. 24th Street, New York, NY. Alexander Calder 60’s-70’s. GióMarconi, Milan, Italy. Calder: The Forties. Thomas Dane, London, England. 2004 Calder/Miró. Foundation Beyeler, Riehen, Switzerland. Traveled to: Phillips Collection, Washington, D.C. (through 2005). Calder: Sculpture and Works on Paper. Elin Eagles-Smith Gallery, San Francisco, CA. 590 Madison Avenue, New York, NY. 2003 Calder. Gagosian Gallery, Los Angeles, CA. Calder: Gravity and Grace.
    [Show full text]
  • Annual Report and Accounts 2015 CONTENTS
    NewRiver Retail Limited Retail NewRiver 37 Maddox street, London, W1S 2PP Annual report and accounts 2015 Annual report and accounts 2015 The true value of retail 31/03/2015 five year EDITION CONTENTS Strategic report 01 Who we are 02 Highlights: another transformational year 03 Five year track record 04 Chairman’s statement 06 Our business model 08 Major events during the year 10 Chief Executive’s review 12 Uniting the United Kingdom 14 Know your customer 15 Sustainable, sustainable, sustainable 16 Property review 38 Financial statistics 39 Financial review 45 Key performance indicators 46 Risk management Governance 48 Board of Directors 50 Corporate Governance report 53 Audit Committee report 55 Remuneration report 58 Directors’ report Financial statements 62 Independent Auditor’s report 66 Consolidated Income Statement 67 Consolidated Statement of Comprehensive Income 68 Consolidated Balance Sheet 69 Consolidated Cash Flow Statement 70 Consolidated Statement of Changes in Equity 71 Notes to the financial statements 99 Glossary of terms 101 Company information Annual Report AND ACCOUNTS 2015 www.nrr.co.uk @newriverretail newriver-retail-limited newriverretail newriverretail Who we are NewRiver Retail is a specialist REIT focused on the UK retail market. Our mission is to own and operate best-in-class retail properties that generate a high, sustainable income and provide an outstanding environment and experience for our retailers and customers. Five years since our inception, we are now the UK’s leading value-creating retail property investment platform in the sector. As one of the UK’s largest shopping centre owner/manager by number our assets under management total £848 million and comprise 29 UK-wide shopping centres, nine retail warehouses,19 high street assets and a portfolio of 202 pubs principally for retail conversion.
    [Show full text]
  • Building Envelope • Sustainability Consulting
    BUILDING ENVELOPE • SUSTAINABILITY CONSULTING • MONITORING 40 Bond Street InterActiveCorp (IAC) Headquarters 841 Broadway New York, NY New York, NY New York, NY Hearst Tower World Trade Centers 1-4, 7 Bank of America at New York, NY 9/11 Memorial and Museum One Bryant Park New York, NY New York, NY FIRM INTRODUCTION Vidaris, Inc. is a consulting firm specializing in building envelope, sustainability and energy efficiency. The company was created by combining the legacy firms of Israel Berger and Associates, LLC (IBA) and Viridian Energy & Environmental, LLC. Formed in 1994, IBA established an exterior wall consulting practice providing niche services to real estate owners, owner representatives and architects. Services were provided for new construction as well as investigation, repositioning, repair, and restoration of existing buildings. Later expansion included roofing as well as waterproofing consulting, encompassing the entire building envelope. IBA developed into an industry-leading resource. Viridian Energy & Environmental was established in 2006, providing consulting services to assist building owners and managers in energy efficiency, sustainability and LEED certifications. Energy modeling expertise set Viridian apart from other consultants offering more standardized service and support. In 2011, IBA and Viridian Energy & Environmental merged their specialized service offerings to form Vidaris. As building envelope designs and mechanical systems were becoming more complex, the two companies recognized that it was an opportunity, more so a necessity, for them to be able to provide a holistic approach to these closely related disciplines for their clients. Deep technical knowledge, a long proven track record, reputation, and a sophisticated analytical approach would allow Vidaris to provide a level of service second to none.
    [Show full text]
  • RFR 285M Commercial Broch
    285 Madison 285 Madison Avenue is an emblem for the emerging Bryant Park district and a vibrant mix of business tradition and innovation. An iconic pillar of the celebrated New York advertising landscape for 87 years, the 27-story building has been intelligently transformed into a contemporary office building with street presence, a striking new lobby and modern technological functionality. It is both a bridge between Grand Central and Bryant Park and a place where Midtown and Midtown South converge. Designed and engineered as a model of work/life balance, the building supports both conventional and creative enterprises, with amenities such as bike storage, a tenant lounge, outdoor space and a gym facility with showers and lockers. 285 Madison Avenue is reborn in time for Midtown’s own renaissance. Central Location 285 Madison Avenue is a strategic hub in the new Midtown, one block from the convenience of Grand Central and the world-class Bryant Park. The Park is connected to the New York Public Library, one of the city’s prized cultural assets. A short walk from 285 Madison Avenue, the Morgan Library presents fine arts, literature, film and music in a major historic site. The services of Penn Station and the energy of Times Square are also within walking distance. Grand Central Terminal Bryant Park Grand Central Terminal Metro North Railroad New York Bryant Park Public Library New York Public Library The Morgan Library New York Public The Graduate Library Center, CUNY B D Empire State F Building M Lifestyle Balance Building amenities include roof terraces, restaurant with private dining and bar, tenant lounge, gym, changing rooms, showers, lockers and bicycle storage.
    [Show full text]
  • The Uk Residential Reit
    THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt as to the action you should take or the contents of this Prospectus, you are recommended to seek your own independent financial advice immediately from your stockbroker, bank, solicitor, accountant, or other appropriate independent financial adviser, who is authorised under the Financial Services and Markets Act 2000 (the FSMA) if you are in the United Kingdom, or from another appropriately authorised independent financial adviser if you are in a territory outside the United Kingdom. A copy of this document, which comprises a prospectus relating to The UK Residential REIT plc (the Company) in Annex 4, 1.6 connection with the issue of Issue Shares in the Company and their admission to trading on the Main Market and to Annex 11, 4.2 listing on the premium listing segment of the Official List, has been prepared in accordance with the UK version of the EU Prospectus Regulation (2017/1129) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018 Annex 1, 1.5 (as amended and supplemented from time to time (including, but not limited to, by the UK Prospectus Amendment Annex 4, 1.5 Annex 11, 1.5 Regulations 2019 and The Financial Services and Markets Act 2000 (Prospectus) Regulations 2019)) (the UK Prospectus Annex 4, 1.6 Regulation) and the prospectus regulation rules of the Financial Conduct Authority (the FCA) (the Prospectus Regulation LR 2.2.10(2) Rules). This Prospectus has been approved by the FCA, as the competent authority under the UK Prospectus Regulation and the FCA only approves this Prospectus as meeting the standards of completeness, comprehensibility and consistency imposed by the UK Prospectus Regulation.
    [Show full text]
  • 7. Urban Design and Visual Resources
    East Midtown Rezoning and Related Actions FEIS 7. Urban Design and Visual Resources 7.1 INTRODUCTION This chapter assesses the Proposed Action’s potential effects on urban design and visual resources. As described in Chapter 1, “Project Description,” the Proposed Action involves zoning map and zoning text amendments that would affect an approximately 70-block area in the East Midtown area of Manhattan for the purpose of protecting and strengthening the area as a premier office district, as well as improving the area’s pedestrian and built environment. The Proposed Action is intended to encourage limited and targeted as-of-right commercial development in appropriate locations by establishing an East Midtown Subdistrict within the Special Midtown District. The East Midtown Subdistrict would supersede and subsume the existing Grand Central Subdistrict, focusing new commercial development with the greatest as-of-right densities on large sites with full block frontage on avenues around Grand Central Terminal, with slightly lower densities allowed along the Park Avenue corridor and elsewhere. The zoning text amendment would also streamline the system for landmark transfers within the Grand Central Subarea of the East Midtown Subdistrict and generate funding for area-wide pedestrian network improvements. The zoning map amendments would replace the existing C5-2 designation in the midblock area between East 42nd and East 43rd Streets, from Second Avenue to Third Avenue, with C5-3 and C5-2.5 designations, which would be mapped within the Special Midtown District and East Midtown Subdistrict. Subject to further analysis and public consultation, the Proposed Action may also amend the City Map to reflect a “Public Place” designation over portions of Vanderbilt Avenue to allow for the permanent development of a partially pedestrianized street.
    [Show full text]
  • Central Park Conservancy
    Central Park Conservancy ANNUAL REPORT 2016 Table of Contents 2 Partnership 4 Letter from the Chairman of the Board of Trustees and the Conservancy President 5 Letter from the Mayor and the Parks Commissioner 6 Forever Green 10 Craftsmanship 12 Historic Boat Landings Reconstructed at the Lake 16 Perimeter Reconstruction Enhances the East 64th Street Entrance 17 Northern Gateway Restored at the 110th Street Landscape 18 Putting the Adventure Back Into Adventure Playground 20 The Conservation of King Jagiello 22 Southwest Corner Update: Pedestrian-Friendly Upgrades at West 63rd Street 24 Infrastructure Improves the Experience at Rumsey Playfield Landscape 26 Woodlands Initiative Update 30 Stewardship 32 Volunteer Department 34 Operations by the Numbers 40 Central Park Conservancy Institute for Urban Parks 44 Community Programs 46 Friendship 54 Women’s Committee 55 The Greensward Circle 56 Financials 82 Supporters 118 Staff & Volunteers 128 Central Park Conservancy Mission, Guiding Principle, Core Values, and Credits Cover: Hernshead Landing Left: Raymond Davy 3 CENTRAL PARK CONSERVANCY Table of Contents 1 Partnership Central Park Conservancy The City of New York This was an exciting year for the Our parks are not only the green spaces where we go to exercise, experience nature, relax, and spend Conservancy. In spring, we launched our time with family and friends. For many New Yorkers, they are also a lifeline and places to connect with their most ambitious campaign to date, Forever community and the activities that improve quality of life. They are critical to our physical and mental Green: Ensuring the Future of Central well-being and to the livability and natural beauty of our City.
    [Show full text]
  • In the United States Bankruptcy Court for the District of Delaware
    Case 20-10239-CSS Doc 207 Filed 03/27/20 Page 1 of 38 IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re: § Chapter 11 § API AMERICAS INC., et al., § Case No. 20-10239 (CSS) § Debtors. 1 § Jointly Administered § AFFIDAVIT OF SERVICE I, Giovanna M. Luciano, depose and say that I am employed by Stretto, the claims and noticing agent for the Debtors in the above-captioned cases. On March 24, 2020, at my direction and under my supervision, employees of Stretto caused the following document to be served via first-class mail on the service list attached hereto as Exhibit A, and via electronic mail on the service list attached hereto as Exhibit B: • Motion of the Debtors for an Order (I) Authorizing the Sale of the Purchased Assets Free and Clear of All Liens, Claims, Interests, and Encumbrances, (II) Authorizing Debtors to Assume and Assign Executory Contracts and Unexpired Leases, and (III) Granting Other Related Relief (Docket No. 185) [SPACE INTENTIONALLY LEFT BLANK] _________________________________________ 1 The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification number, include: API (USA) Holdings Limited (3934) and API Americas Inc. (9126). The location of the Debtors’ service address is: 3841 Greenway Circle, Lawrence, Kansas 66046. Case 20-10239-CSS Doc 207 Filed 03/27/20 Page 2 of 38 Case 20-10239-CSS Doc 207 Filed 03/27/20 Page 3 of 38 Exhibit A Case 20-10239-CSS Doc 207 Filed 03/27/20 Page 4 of 38 Exhibit A Served Via First-Class Mail Name Attention Address 1 Address 2 Address 3 City State Zip Branch Banking and Trust Company 200 W 2Nd St Winston Salem NC 27101 CitiBank N.A.
    [Show full text]
  • ADP Jason Parese 2812 Emerywood Parkway Richmond, VA 23294
    ACG Richmond 2017 Conference Attendee List by COMPANY Name ADP AloStar Business Credit Jason Parese Mark Buren 2812 Emerywood Parkway 1406 Warwick Drive Richmond, VA 23294 Lutherville, MD 21093 [email protected] [email protected] (804) 501-3970 (410) 804-2388 Other Bank of America Bank of America Business Capital Austin Welder Austin Steele 1111 East Main street 8300 Greensboro Drive Richmond, VA 23219 McLean, VA 22102 [email protected] [email protected] (804) 489-5070 (703) 761-0813 Other Other BB&T Capital Markets BB&T Capital Markets Jon Hottinger Andy Jones 901 E. Byrd Street 901 East Byrd Street Richmond, VA 23219 Richmond, VA 23219 [email protected] [email protected] (804) 782-8717 (804) 649-3966 Investment Banker Investment Banker Blue Heron Capital Blue Heron Capital Tom Benedetti Mike Marcantonio 8730 Stony Point Pkwy 8730 Stony Point Parkway Richmond, VA 23235 Richmond, VA 23235 [email protected] [email protected] (804) 212-3393 (804) 212-3392 Private Equity Private Equity Branford Castle Partners Branford Castle Partners, LP Austin Collier Laurence Lederer 153 E 26th St 150 E 58th St, 37th floor New York, NY 10010 New York, NY 10155 [email protected] [email protected] (757) 869-6022 (212) 317-2037 Private Equity Private Equity Page 1 of 20 ACG Richmond 2017 Conference Attendee List by COMPANY Name Brighton Partners LLC Rob Longo Bundy Group 1201 Peachtree St. Jim Mullens Atlanta, GA 30305 24 Walnut Avenue [email protected] Roanoke, VA 24016 (804) 513-6628 [email protected] Private Equity (540) 342-2151 Investment Banker Buyouts Insider Buyouts Insider Bob Raidt Antoine Wilson 9 East 38th St., 11th Floor 9 East 38th Street New York, NY 10016 New York, NY 10016 [email protected] [email protected] (646) 356-4502 (212) 796-8334 Other Caltius Mezzanine Capital One Bank Alisa Frederick William Casey 11766 Wilshire Blvd, Ste 850 200 So.
    [Show full text]