Press Releases

Three Atlanta Area Realtors Attend International Real Estate Conference on Working Towards Transparent and Efficient International Property Markets

USA, the International Real Estate Federation – U.S. Chapter held a luncheon in the private delegates’ dining room at the United Nations facility in New York City on Friday, March 27, 2015, to address the continuing need for cross-border cooperatio…

MAST CONSTRUCTION SERVICES CELEBRATES 15TH ANNIVERSARY

MAST Construction Services, Inc. (www.mastconstruction.com), an award-winning, Little Falls, NJ-based project and construction management services and owner’s representative firm, today announced a major milestone: the company will celebrate its 15th y…

CBRE TO MARKET DOUBLETREE BY HILTON AT THE “DOORSTEP” OF UNIVERSAL STUDIOS IN ORLANDO

CBRE Hotels has been engaged to market the DoubleTree by Hilton, a 742-guestroom hotel located in Orlando, Florida – the number one tourist destination in the United States. The well-established property, at 5780 Major Boulevard, is located directly …

The Boulder Group Arranges Net Leased Walgreens Transaction for $10.7 Million in the Chicago MSA

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a new construction single tenant triple net leased Walgreens property located at the southwest corner of 95th Street and Southwest Highway in Oak Lawn, Illinois for $1…

New York Mortgage Trust, Inc. Announces Pricing of Public Offering of 7.875% Series C Cumulative Redeemable Preferred Stock

New York Mortgage Trust, Inc. (Nasdaq:NYMT) today announced that it priced a public offering of 3,600,000 shares of its 7.875% Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”), liquidation preference $25.00 per share, for…

Phoenix Offi ce Market Sees Strong Construction, Less Leasing in Q1

As the overall economy continues improving, the Phoenix offi ce sector is experiencing strong momentum in a variety of diff erent measurements. Offi ce construction, sales velocity and rents are all on the rise;however leasing activity remains muted

The Boulder Group Arranges Sale of Net Leased CVS Property Located in Mobile, Alabama

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant CVS property located at 2280 Martin Luther King Jr. Avenue in Mobile, AL for $3,856,462. The 10,195 square foot retail building is located on 2.15 acre…

Phoenix Q1 Industrial Sector Conditions Continue to Improve

The Phoenix industrial market continued to improve in the fi rst quarter of the year, posting its lowest percentage vacancy (11.8%) since Q1 2008. In that 7-year time period, the Valley’s industrial inventory gained over 32 million SF of warehouse/di…

Hanley Investment Group Negotiates Sale of Four Single-Tenant 7-Eleven Stores in Erie County, New York

Hanley Investment Group, a nationally-recognized boutique real estate brokerage and advisory firm specializing in retail property sales, announced today that Senior Vice President Jeremy McChesney negotiated the sale of four single-tenant absolute NNN …

CBRE TO REPRESENT TWO KIMCO-OWNED BROWARD COUNTY RETAIL CENTERS

CBRE has been engaged by Kimco as the exclusive leasing agent for two neighborhood retail centers in Broward County, Florida. CBRE retail professionals Lisa Ferrazza and Nicole Fontaine will represent Cypress Creek Station at 6201-6531 N. Andrews Ave….

RE/MAX HQ Sells Six-Office DC Area Brokerage

RE/MAX 100, based in Maryland and made up of six offices and 270 agents, has been sold to Ken Crowley, the current Broker/Owner of RE/MAX Realty Group in Gaithersburg. With five offices in Maryland and one in Northern Virginia, RE/MAX 100 agents were r…

Federal Home Loan Bank of Des Moines Celebrates 25 Years and $250 million in Strong Communities Fund Affordable Housing Program Grants

The Iowa Legislature recognized the Federal Home Loan Bank of Des Moines (FHLB Des Moines) on Tuesday morning for its longstanding support and contributions to affordable housing throughout the state.

Housing Market Sees Growth in First Quarter

The Pennsylvania housing market saw a nearly 11 percent jump in closed sales in the first quarter of 2015 compared to the same quarter in 2014, according to a report published by the Pennsylvania Association of Realtors® (PAR).

North San Diego County Completes $1.3 Million Retail Lease on Behalf of Dollar Tree

Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has completed a 120-month lease for a 8,720 square-foot retail  space located at 2707 North Bristol Street in Santa Ana, California.  The valu…

VICTORIA GARDENS BREAKS GROUND ON MODERN REDEVELOPMENT ENCOMPASSING 1.19 ACRES OF THE DESTINATION SHOPPING CENTER

Victoria Gardens has announced that it will break ground on a full streetscape renovation encompassing 1.19 acres of the center along its Monet Avenue, according to Melina Ferraez, Director of Marketing for Victoria Gardens.

Hunt Mortgage Group Refinances Two Multifamily Properties in Wisconsin

Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided Fannie Mae loan facilities to refinance two properties located in Wisconsin. The properties include:

John Crampsie Represents The Diocese Of Allentown At Riverside Business Center

NAI Summit’s John Crampsie recently represented the Diocese of Allentown in a multi-year lease transaction for almost 30,000 sf at Riverside Business Center in Whitehall, PA.

Pinnacle Hires Sharon Donley as Regional Property Manager

Multifamily Specialist Based in Atlanta.
Pinnacle, one of the nation’s leading multifamily management firms, announced today that Sharon Donley joined the company as a Regional Property Manager. Based in Atlanta, she will focus on increasing revenue…

CBRE ARRANGES SALE OF 1,075-UNIT MULTIFAMILY PORTFOLIO IN CENTRAL FLORIDA

CBRE Capital Markets arranged the sale of the Central Florida Portfolio, four apartment properties totaling 1,075 units. The portfolio includes Heritage on Millenia, Summit at Metrowest, Legends at ChampionsGate, in Orlando; and Vinings at Hunter’s Gre…

Gebroe-Hammer Associates Reps Seller and Buyer in $11.2 Million Trade of Shore Hill Apartments

The investment brokerage firm Gebroe-Hammer Associates recently arranged the $11.2 million sale of 80 units at Shore Hill Apartments in Mount Arlington, N.J., located in western Morris County. The brokerage team of Stephen Tragash, senior vice presiden…