20A — October 16 - 29, 2015 — M id A tlantic
Real Estate Journal
www.marejournal.com
P eople & C ompany N ews
AIA-NJ recognizes Michael Ryan Architects for design of Tidewater Residence
Solidifying leadership in engineering innovation Weidlinger Associates and Thornton Tomasetti merge
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EWYORK — Thorn- ton Tomasetti, Inc. and Weidlinger As-
sociates, Inc. two of the world’s most respected engi- neering firms, have merged. The deal creates a leader in engineering innovation cov- ering a broad range of inves- tigation, analysis and design services. The combined firm will have 1,200 employees operating in 34 cities inter- nationally. Terms of the deal were not disclosed.The firm will remain headquartered in New York City, with offices at the current 51 Madison Ave. and 40 Wall St. locations. The new firm will operate under the Thornton Toma- setti name; three practices continue to be marketed with the Weidlinger brand where it carries strong industry rec- ognition: Weidlinger Applied Science, Weidlinger Protec- tive Design and Weidlinger Transportation. The combined firm’s 10 practices allow it to deliver a broader range and higher level of service to its clients. It will also be better positioned to capitalize on its geographic reach and diverse talent pool, while providing growth op- portunities for its employees. “Combining our firms brings together two highly respected and recognized talent pools, creating significantly greater potential for growth and in-
Shown from left: Thomas Scarangello, chairman and chief executive, Raymond Daddazio, co-president of Thornton Tomasetti after the merger; Robert DeScenza, co-president
Tidewater Residence
novation than either firm could achieve alone. Both our cultures have a “one firm” approach, bringing the best qualified team to bear on any challenge presented by any client. Our more diverse merged expertise allows us to address a wider range of client needs, while offering enhanced breadth and depth of services and extended geo- graphic reach.” said Thomas Scarangello , chairman & CEO, Thornton Tomasetti. Thomas Scarangello con- tinues as chairman & CEO of the combined companies, with Raymond Daddazio , president & CEO, Weidlinger Associates, joining Robert DeScenza as co-president. Daddazio and two other
Weidlinger board members, Grant McCullagh and Tod Rittenhouse , join the 11-per- son Thornton Tomasetti board of directors. “Just as important as our complementary suite of servic- es and geographic footprints is our compatible cultures. While no two firms are exactly alike, ours bear many simi- larities – including the drive for innovation, long-standing entrepreneurial spirits, and shared values in philanthropy, employee enrichment, embrac- ing challenges and a desire to make lasting contributions. We’re also different enough in ways that our combination will inspire us to think and work in new and exciting ways.” Daddazio said. n lenders in connection with syndicated, mortgage, mezza- nine, acquisition, and construc- tion loan facilities involving a wide variety of asset classes throughout the United States, including hotels, multi-family, industrial, office, retail, con- dominium, cooperative, rental and unimproved land. Lim spends a significant amount of her time represent- ing lenders in connection with credit facilities to private eq- uity funds and REITs, includ- ing subscription lines of credit, borrowing base facilities and unsecured lines of credit. Lim also represents equity owners, developers and other clients in connection with the acquisition and disposition of properties, portfolio sales and acquisitions, real estate investment joint ventures, leasing matters, re- structurings of troubled loans and the exercise of remedies. n
HAVRE DE GRACE, MD – The New Jersey chapter of the American Institute of Architects (AIA-NJ) has recognized Michael Ryan Architects with an Honor Award in the built residential category in recognition of its work designing the Tidewater Residence in Havre de Grace. Situated between Chesa- peake Bay and the Susque- hanna River, Havre de Grace has an active commercial and recreational water culture. The owners of the Tidewater Marina, which is primarily a dock for medium-sized sail- boats, were seeking to build a house on a portion of the Marina property. Michael Ryan Architects, which has offices in Philadel- phia, PA and Loveladies, NJ, drew inspiration from the property’s waterfront setting when selecting the nautical themes and arrangements for the house. The exterior is comprised of board-formed concrete and painted cement board fabri- cated to a large-scale clap- board. Instead of traditional railings, stainless-steel boat stays were used along the open stairway connecting the three levels of the home’s interior. The house also fea- tures high levels of insulation and a geothermal heat-pump system. “Our goal with this design was to minimize the building’s physical footprint, in order to maintain the functionality of the existing boat storage areas,” said Michael Ryan , principal of Michael Ryan Architects. “To do so, we con- densed the house and built up, including a maximum amount of usable space while disturb- ing very little of the boatyard.”
The house is elevated to protect the ground floor ga- rage, boat storage area and woodshop from floodwater. The house’s middle floor fea- tures living areas and guest bedrooms, and the top floor contains a master bedroom and bath. Located within close prox- imity to the fully function- ing boatyard, the residence features views of the Bay and River on the East side, as well as the docked boats on the South and West sides. A care- fully framed screened room provides exceptional views of the water, which can also be viewed from the living room and bedrooms. At the same time, the home is protected from outside visibility, keep- ing a sense of privacy even in the active marina. “Michael Ryan Architects is deserving of accolades for the stunning design of this unique residential project,” said Kim- berly Bunn, AIA , president of AIA-NJ. “They did an excel- lent job of utilizing materials reflective of the riverside loca- tion and envisioning a fresh interior with a unique view.” Tidewater Marina is a short walk from the town of Havre de Grace, which has recently been experiencing an increase in population due to new development projects in the surrounding area. The town has easy access to Philadel- phia and Baltimore, as well as neighboring suburbs. n
Morrison & Foerster continues its US national expansion with additions in Washington DC
of its commercial real estate portfolio •Representation of Equity
WASHINGTON, DC — Morrison & Foerster an- nounced that Lauren Beller-
Residential on the $16 billion acqui- sition of Arch- s t o n e E n - terprise LP from Lehm- an Brothers Holding, Inc. •Couns e l
jeau joined the f i rm’ s , DC office as a p a r t n e r and Soo Lim becomes Of Counsel. Bellerjeau r e g u l a r l y counsels real
Soo Lim
Lauren Bellerjeau
to Playa Hotels & Resorts, B.V. in a series of real estate property and management related transactions •Representation of Eola Cap- ital and certain of its affiliates in Eola Capital’s acquisition by Parkway Properties, Inc. and the sale of six real property assets Lim practice involves a broad range of real estate law, with particular focus on financ- ings. She regularly represents
estate investment trusts and other companies with signifi- cant real estate holdings on the acquisition and disposition of large portfolios of real es- tate assets and their related management and services businesses, entry into strate- gic investments and complex structuring matters. Among Bellerjeau’s repre- sentative transactions are: •Advising GE in connection with its $23 billion divestiture
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