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Mark Spain to Serve on the Board of Forsyth County Family YMCA
Georgia native and businessman Mark Spain has been asked to serve on both the YMCA board and the executive committee for the Forsyth County Family YMCA. A charter member of this YMCA location since it opened in the early 2000s, Spain became more active...
EPA provides $500K to the City of Fort Collins to advance the cleanup and...
The U.S. Environmental Protection Agency (EPA) has awarded the City of Fort Collins $500K in Brownfields grant funding to expand local efforts to assess, clean up and redevelop properties along the Poudre River and the northern edge of the city’s dow...
Marcus & Millichap Closes Record Sale of Boulder Colo., Student Housing Community
Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Plaza on Broadway, a 39-unit, 152-bed multifamily student housing community...
Wyndham Hotel Group Expands Ramada Brand in New Zealand
Wyndham Hotel Group, the world’s largest and most diverse hotel company, today announced the continued expansion of its portfolio in New Zealand with the signing of a franchise agreement for the four-star Ramada Suites Auckland Federal Street, locate...
Wyndham Vacation Ownership Hosts “Dream Destinations” Sweepstakes
Wyndham Vacation Ownership (WVO), the world’s largest vacation ownership company and a member of the Wyndham Worldwide family of companies (NYSE: WYN), is inviting travelers to vote for their favorite “dream destination” of 2015 during the Dream ...
Calicchio Joins Wyndham Exchange & Rentals as Executive Vice President, Global Human Resources
Wyndham Exchange & Rentals, part of the Wyndham Worldwide family of companies (NYSE: WYN), announced the appointment of Lisa Calicchio, SPHR, to the position of executive vice president, Global Human Resources. Based in the company’s Parsippany N...
Arbor Funds $39.4M Fannie Mae Acquisition Loan in California
Arbor Commercial Mortgage, LLC (“Arbor”), a national, direct commercial real estate lender, announced the recent funding of a loan totaling $39,406,000 for the acquisition of the 320-unit Acacia Park Apartments in Temecula, CA. The 10-year under t...
CBRE SELLS 26,340-SF, MULTI-TENANT SHOPPING CENTER
CBRE arranged the sale of Lantana West Plaza, a 26,340-square-foot, multi-tenant retail center located at 5891 S. Military Trail in Lake Worth, Florida. Woodmont Properties II, LLC purchased the property for $4,080,000. The seller was IR-Lantana West P...
PASSCO COMPANIES ACQUIRES 300-UNIT CLASS A MULTIFAMILY COMMUNITY IN MOBILE, ALABAMA FOR $42.975 MILLION
Passco Companies, LLC has acquired The Arlington at Eastern Shore, a 300-unit, Class-A multifamily community located in the Spanish Fort suburb of Mobile, Alabama. The property was acquired using Fannie Mae financing, according to Gary Goodman, Senior ...
Emri Group, Alex Brown Realty Sell Sorrento Mesa Building for $10.7M to Locale Advisors
DTZ, a global leader in commercial real estate services, announced today the $10.7 million sale of 5825 Oberlin Drive, San Diego, CA 92121, a vacant, one-story, 60,000-square-foot office building.
CBRE PROFESSIONAL ELECTED TO LEADERSHIP ROLE WITHIN INTERNATIONAL RETAIL INDUSTRY TRADE GROUP
Paul Rutledge, First Vice President with CBRE’s retail brokerage group in Tampa, has been re-elected to serve a second one-year term as the International Council of Shopping Centers’ Florida State Operations Chairman for 2015-2016. ICSC is the prem...
AMERICAN REALTY ADVISORS SELLS OFFICE BUILDING AND DATA CENTER IN PHOENIX, AZ FOR $91.5...
American Realty Advisors, an institutional real estate investment manager with approximately $6.7 billion in assets under management, on behalf of one of its clients, has sold an office building and data center totaling 513,361 square feet in Phoenix, ...
Gebroe-Hammer Associates Arranges $12.17 Million Trade of Grande Apartments in Roselle Park, NJ
Grande Apartments, located at 240 West Sumner Ave. in this Union County suburb, has been sold for $12.17 million in a trade arranged by the multi-family investment brokerage firm Gebroe-Hammer Associates of Livingston. The team of Managing Director Jos...
Matt Hester Named The Top Team of 2014 at RE/MAX Greater Atlanta
Known as Matt Hester & Associates, the team’s sales production jumped from $19.5 million in 2013 to nearly $28 million in 2014. These gross sales numbers also placed Hester in the top 10 RE/MAX teams in Georgia and they were honored as the No. 2...
BRIDGE Housing Earns A+ Credit Rating from S&P
Nonprofit BRIDGE Housing has received an “A+” issuer credit rating from Standard & Poor’s Ratings Services, a leading provider of independent credit risk research and benchmarks. BRIDGE is a top developer, owner and manager of affordable hou...
SR COMMERCIAL COMPLETES THREE INDUSTRIAL TRANSACTIONS IN SOUTHERN CALIFORNIA
SR Commercial, a privately held, full-service commercial real estate investment company, has announced the completion of three recent transactions, including two acquisitions and a property sale, according to Adam Robinson, a Principal at SR Commercial...
BRG Announces Closing of Public Offering of Class A Common Stock and Full Exercise...
Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) announced today the completion of its underwritten public offering of 6,348,000 shares of Class A common stock, including 828,000 shares of Class A common stock issued pursuant to the full exercise...
GEORGE SMITH PARTNERS SECURES $81 MILLION IN FINANCING FOR THE ACQUISITION OF A RECENTLY...
Commercial real estate investment banking firm George Smith Partners has successfully secured an $81 million bridge loan through GE Capital on behalf of its client, GH Palmer Associates, for the acquisition of The Paseos at Montclair North, a 385-unit ...
E-RETAILERS GIVE CENTRAL FLORIDA INDUSTRIAL MARKET BIG BOOST, ACCORDING TO CBRE REPORT
Central Florida real estate occupied by e-commerce retailers, parcel delivery firms, and transportation/logistics companies hit an all-time high in 2014, according to a new report by CBRE Group, Inc., and demand from those users is projected to surge o...
Lake County’s Housing Services to relocate to new office in Tavares on June 8
Beginning Monday, June 8, Lake County’s Housing Services will be permanently relocated to a new office in the Citrus Rail Plaza, located at 2008 Classique Lane, Tavares. All services formerly offered at the previous office on Sinclair Avenue will be...
CBRE ARRANGES $3.5 MILLION REFINANCING FOR NEW DELRAY BEACH WALGREENS
CBRE Capital Markets’ Debt & Structured Finance team originated a $3.5 million loan to re-finance a ground lease of a future Walgreens location on Atlantic Avenue in Delray Beach, Florida.
Bluerock Residential Growth REIT Acquires 204-Unit Class AA Whetstone Apartments in Durham, NC
Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“BRG” or “the Company”) announced today that it has acquired, through a joint venture, a 204-unit Class AA new construction apartment community known as Whetstone Apartments (“Whetstone
USAA Real Estate Co. Claims Stake in Manhattan’s Hudson Yards Submarket with New Midtown...
USAA Real Estate Company ("RealCo") today announced the acquisition of two mid-block office properties located in Manhattan's highest growth submarket, Times Square South which gives onto the 34th Street retail corridor, a high traffic pedestrian neigh...
Lee & Associates Lands The Home Depot in 12-Year Back Offi ce Lease Deal
Lee & Associates Arizona is proud to announce the signing of a 12-year, 111,349 SF lease with The Home Depot USA, Inc. of Atlanta, GA. The back offi ce building known as Tempe One is located at 1717 W. 16th St. in Tempe. Move-in for the online cal...
Coup Joins C&W’s Agency Leasing Team in Tampa
Coup joins the existing team of Senior Director Mercedes Angell, Senior Director Paula Buffa, Senior Director James Moler, Director Jeff Lanning, Director Barry Oaks, and Associate Brian Breeding – all operating under the auspices of Managing Directo...
Spring sales and price growth continue in the New York State housing market
Home sales and selling prices continued on an upward trend in April, according to the housing market report released today by the New York State Association of REALTORS. The April 2015 sales total of 7,207 units was up 1.3 percent from April 2014.
Wells Fargo grants $500,000 to help revitalize Tucson
Community Food Bank of S. AZ, Pima Council on Aging, Tucson Clean and Beautiful-Trees for Tucson, Tucson Urban League, Old Pueblo Community Services, Our Family Services, Pima Community College Foundation to benefit from NeighborhoodLIFT program funds
Drawbridge Acquires Headquarters Property Leased to Nimble Storage in Durham, NC
Drawbridge Realty has acquired a single-story, 86,895 sq. ft., Class "A" office building located at 1015 Swabia Court, Durham, North Carolina for $14.75 million. The property is a 100% triple net (NNN) leased to Nimble Storage, Inc. (NYSE:NMBL) and ser...
Kennedy Wilson Announces Mandatory Conversion Of $100 Million Series A Preferred Stock Held By...
al estate investment and services firm Kennedy Wilson (NYSE: KW) today announced the mandatory conversion of all outstanding shares of its series A preferred stock that were issued in May and June of 2010
METROGROUP REALTY FINANCE SECURES $35.7 MILLION IN FINANCING FOR ITS CLIENT TO ACQUIRE...
MetroGroup Realty Finance, a private, Orange County-based mortgage banking firm, has successfully arranged $35.7 million in financing on behalf of its client for the acquisition of the 200,000 square-foot Broadcom Building in San Jose, California.
