Lowe Enterprises

Tommy Bahama Launches Resort Concept with Re-Imagined Miramonte Resort & Spa

Retrieved on: 
Wednesday, November 16, 2022

SEATTLE, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Tommy Bahama has announced plans for the debut of a new resort concept with the introduction of the Tommy Bahama Miramonte Resort & Spa in Indian Wells, California.

Key Points: 
  • SEATTLE, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Tommy Bahama has announced plans for the debut of a new resort concept with the introduction of the Tommy Bahama Miramonte Resort & Spa in Indian Wells, California.
  • Tommy Bahama is partnering with Lowe, a national commercial and hospitality real estate investor and operator and developer of world-class destination hotel and resort properties, to execute and present the Tommy Bahama Miramonte Resort & Spa.
  • About Tommy Bahama: Tommy Bahama is part of Tommy Bahama Group, Inc., a wholly owned subsidiary of Oxford Industries, Inc. (NYSE:OXM).
  • The company owns and operates over 160 Tommy Bahama retail locations worldwide, 21 of which offer a Tommy Bahama Restaurant & Bar or a Tommy Bahama Marlin Bar.

Lowe in Partnership With Related Fund Management Completes 113,000-Square-Foot Office Building in Heart of LA Arts District

Retrieved on: 
Friday, October 7, 2022

A joint venture between Lowe and Related Fund Management (RFM) announced today that it has completed construction of a 113,000-square-foot, nine-story office building located in the vibrant Arts District of downtown Los Angeles.

Key Points: 
  • A joint venture between Lowe and Related Fund Management (RFM) announced today that it has completed construction of a 113,000-square-foot, nine-story office building located in the vibrant Arts District of downtown Los Angeles.
  • The building also features open 14-high floorplates, floor-to-ceiling glass, and efficient systems and solar panels allowing for reduced utility costs.
  • The Arts District Metro station, to be constructed at 6th Street and Santa Fe Avenue, is just one-half mile from the property.
  • Learn more at www.2130Violet.com
    Los Angeles-based Lowe, formerly known as Lowe Enterprises, is a leading national real estate investment, development and management firm.

EagleBank Provides Bridge Financing to Lowe Team for Land Transaction with Howard University to Bring Mixed-Use Development to the Shaw Neighborhood of Washington, D.C.

Retrieved on: 
Thursday, October 6, 2022

“As a top CRE lender in the DC market, EagleBank is proud to contribute to the development of one of the oldest DC neighborhoods – an enclave of businesses, theaters and rowhouses since the 19th-century -- alongside our trusted partners. Our CRE lending team has deep expertise and a unique understanding of the DC area, and the development of this property serves as an example of the flexible lending solutions we can offer,” said Ryan Riel, EVP and Chief Real Estate Lending Officer at EagleBank.

Key Points: 
  • The Lowe plans to develop a 525,000-square-foot, 10-story building with up to 500 apartments, 27,000 square feet of ground floor retail space and 246 below grade parking.
  • Los Angeles-based Lowe, formerly known as Lowe Enterprises, is a leading national real estate investment, development and management firm.
  • Lowe currently has more than $2 billion in commercial real estate projects in the pipeline or under development.
  • Presently, FLGA has more than $900 Million in commercial real estate projects in the pipeline or under development.

Lowe and CoralTree Hospitality Announce Women in Leadership Forum to Honor American Business Women’s Day

Retrieved on: 
Thursday, September 22, 2022

In honor of American Business Womens Day, which recognizes the accomplishments of businesswomen across the nation, national real estate company Lowe and its hospitality management subsidiary CoralTree Hospitality are proud to announce the formation of their Women in Leadership Forum.

Key Points: 
  • In honor of American Business Womens Day, which recognizes the accomplishments of businesswomen across the nation, national real estate company Lowe and its hospitality management subsidiary CoralTree Hospitality are proud to announce the formation of their Women in Leadership Forum.
  • This Forum will provide mentorship and expanded opportunities for the many inspiring women on the Lowe and CoralTree management team, said Robert J. Lowe, Jr, co-CEO of Lowe.
  • The Women in Leadership Forum is dedicated to promoting growth and opportunity for the women at Lowe and CoralTree, building a pathway to personal success through knowledge and training, and highlighting the opportunities for career advancement.
  • American Business Womens Day brings together businesswomen of diverse occupations to collaborate and network.

Lowe, FLGA, and Davenport Group in Conjunction with USAA Real Estate Complete Land Transaction with Howard University for Development of 525,000-Square-Foot Mixed-Use Building

Retrieved on: 
Tuesday, September 20, 2022

Through this initiative, we are proud to support the districts goal of building 36,000 new homes by 2025 to combat rising housing costs.

Key Points: 
  • Through this initiative, we are proud to support the districts goal of building 36,000 new homes by 2025 to combat rising housing costs.
  • The transaction continues Howards strategy to utilize long-term ground lease structures that preserve the institutions real estate portfolio while allowing it to reinvest in its academic facilities.
  • Los Angeles-based Lowe, formerly known as Lowe Enterprises, is a leading national real estate investment, development and management firm.
  • Lowe currently has more than $2.5 billion in commercial real estate projects in the pipeline or under development.

Holland Development Promotes Raymond Connell to Managing Director of Seattle and Announces Retirement Transition of Tom Parsons, Executive Managing Director of Seattle

Retrieved on: 
Thursday, September 1, 2022

The company is promoting Raymond Connell from development director of the San Francisco Bay Area to managing director of Seattle reporting to Tom Warren, Holland's President of Development.

Key Points: 
  • The company is promoting Raymond Connell from development director of the San Francisco Bay Area to managing director of Seattle reporting to Tom Warren, Holland's President of Development.
  • Tom Parsons, Holland Development's executive managing director of Seattle, begins his retirement transition with a refined role focusing on commercial and retail development in Seattle.
  • "We're honored to welcome Ray as our new managing director of Seattle," said Craig Parker, Holland Partner Group's CEO.
  • Before his promotion to Seattle managing director, Connell served as Holland Development's development director of the San Francisco Bay Area, where he developed six projects totaling 1,850 units.

Lowe and USAA Real Estate Unveil Park + Ford, Transformation of 1980s Era Office Complex Into Modern Apartments in Alexandria, Virginia

Retrieved on: 
Wednesday, June 29, 2022

The 568,000-square-foot Park Center office complex consisting of two 14-story office towers and a four-story office building constructed atop a 1,400-space parking garage was acquired by the joint venture in January 2018.

Key Points: 
  • The 568,000-square-foot Park Center office complex consisting of two 14-story office towers and a four-story office building constructed atop a 1,400-space parking garage was acquired by the joint venture in January 2018.
  • Park + Ford offers apartments configured as studio, one-bedroom, one-bedroom plus den, two-bedroom, and two-bedroom plus den floorplans, many with private terraces or balconies.
  • Lowe established its Washington, D.C. area office in 1980 and has been an active developer of commercial real estate throughout the region.
  • Lowe currently has more than $2 billion in commercial real estate projects in the pipeline or under development.

Lowe Completes 335-Unit First Tower of Mason and Main Apartment Development

Retrieved on: 
Monday, June 13, 2022

Mason & Main was designed to honor the rich history of Seattle.

Key Points: 
  • Mason & Main was designed to honor the rich history of Seattle.
  • Mason and Main has smart home technology that provides residents with keyless entry, and lighting and outlet control through an integrated app or smart speaker system.
  • Displaying works from a wide range of artists and mediums, Mason & Main represents the craft and creativity of the city.
  • Los Angeles-based Lowe, formerly known as Lowe Enterprises, is a leading national real estate investment, development and management firm.

Terri A. Haack Named Senior Vice President of Lowe and CoralTree Hospitality

Retrieved on: 
Monday, March 28, 2022

National real estate investment, management and development firm Lowe today announced that Terri A. Haack has been named Senior Vice President of Lowe and CoralTree Hospitality.

Key Points: 
  • National real estate investment, management and development firm Lowe today announced that Terri A. Haack has been named Senior Vice President of Lowe and CoralTree Hospitality.
  • Her vast leadership experience, industry insights and representation of Lowe and CoralTree at the national and international levels position her to foster continued growth of our hospitality businesses activities.
  • For the last 15 years, Haack has served as President of Terranea Resort, a 102-acre Southern California coastal resort developed and co-owned by Lowe and managed by CoralTree Hospitality.
  • Launched in December 2018, CoralTree Hospitality is a wholly-owned subsidiary of Los Angeles-based Lowe, a real estate investment, management and development firm.

EagleBank Provides Acquisition Financing for Affordable Housing Complex in Southeast Washington, D.C.

Retrieved on: 
Wednesday, February 2, 2022

The project is sponsored by Concord Communities, a wholly-owned subsidiary of national real estate investor, manager and developer Lowe that provides quality affordable housing through rehabilitation or new construction.

Key Points: 
  • The project is sponsored by Concord Communities, a wholly-owned subsidiary of national real estate investor, manager and developer Lowe that provides quality affordable housing through rehabilitation or new construction.
  • As demand for affordable housing continues to be a pressing issue, our lending team is committed to serving as a trusted community leader and supporting more affordable housing development in the D.C. area, said Ryan Riel, Chief Real Estate Lending Officer at EagleBank.
  • It was a pleasure partnering with Concord Communities on this deal and we look forward to future partnerships in the affordable housing space.
  • Concord Communities is dedicated to providing quality affordable housing that benefits residents, improves neighborhoods and addresses the critical affordable housing shortage, said Mark Rivers, Executive Vice President of Concord Communities and Lowe.