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Bessette & Antrop Complete Largest Cumberland Sale in 8 Years
Residential Properties Ltd. Sales Associates John Bessette and Ryan Antrop have successfully completed the highest single family sale in Cumberland over the past eight years, closing 132 Angell Road for the price of $884,000. Bessette represented the s...
Dominion Real Estate Partners, one of Arizona’s Premiere Real Estate Brokerage, awards its Carefree...
Dominion Real Estate Partners honored Carefree/Cave Creek Licensed Office Owner/Manager, Stephanie McNeely, with its highest award, “Highest Office Volume & Number of Transactions Sold, 2014” at the annual awards presentation at Tanzy Restaura...
Consumers Energy Announces Plan to Keep 1 Million Cubic Yards Out of Landfills
Consumers Energy – already a sustainability leader in the energy field – announced today a commitment to double the amount of landfill space it saves
CBRE CAPITAL MARKETS ARRANGES $54 MILLION SALE OF MULTIFAMILY COMMUNITY IN CENTRAL FLORIDA
CBRE Capital Markets arranged the sale of The Park at Laurel Oaks, a 552-unit apartment community in Winter Springs, Florida, about 15 minutes outside of Orlando. The gated community, located at 1 Laurel Oaks Drive, was acquired from Laurel Oaks, LLV b...
GEORGE SMITH PARTNERS SECURES $22 MILLION IN FINANCING FOR THE ACQUISITION OF A...
Commercial real estate investment banking firm George Smith Partners has successfully arranged $22 million in financing for its client, Optimus Properties, LLC and Infinity Redevelopment, LLC, for the acquisition of Juanita Tate Marketplace, a 77,000 s...
Groupon Director of Editorial Content Joins Agent Publishing as Editor-in-Chief / Vice President of...
Agent Publishing, the country’s dominant hyper-local B2B real estate media company, has announced John Thomas, 50, has joined the firm as editor-in-chief and vice president of content strategy.
Why Did New York City Lose $1.2 Billion?
In 2014 cities like Washington, D.C., Boston, Miami and Chicago attracted hundreds of thousands of youth travelers. Unfortunately for New York City, it is missing out on this tourism boom. In 2014 cities like Washington, D.C., Boston, Miami and Chic...
PASSCO COMPANIES CONTINUES EXPANSION; DEEPENS PRESENCE IN THE SOUTHEAST WITH ADDITION OF ATLANTA-BASED ACQUISITION...
Passco Companies, LLC is continuing its national expansion, creating an on-the-ground presence in Atlanta, Georgia with the addition of senior real estate professional and area-acquisition expert Colin Gillis as Director of Acquisitions, Southeast
LILA DELMAN REAL ESTATE INTERNATIONAL ANNOUNCES SALE OF ONLY MARINA AVAILABLE IN RHODE ISLAND
Lila Delman Real Estate International is pleased to announce the sale of 17 Point Road, Portsmouth Rhode Island. The commercially zoned property, called Stone Bridge Marina, includes a forty-four slip marina, retail space, and a three bedroom living sp...
ClickPay Transforms the Largest Multifamily Market with Rent, Condo, and Coop Payments for New...
ClickPay, the fastest growing provider of SaaS-based payment and billing solutions for the property management industry in the U.S., launched new ads across multiple digital billboards throughout Times Square.
Drawbridge Realty Signs Lease with Younicos AG at 3100 Alvin Devane in Austin, Texas
Drawbridge Realty announced today the signing of a new seven-year lease with Younicos AG for approximately 32,500 square feet at 3100 Alvin Devane in Austin, Texas.
NY State Appellate Court Hears Arguments in Case against NYC Department of Buildings for...
The New York State Supreme Court Appellate Division heard oral arguments on Thursday in the Mechanical Contractors V. NYCDOB, Case No. 13-10093, regarding controversy over whether the NYC Department of Buildings (DOB) has the legal authority to ignore ...
Lodging Dynamics Moves into Montana Market
Lodging Dynamics Hospitality Group (LDHG) announced expansion into the Montana market through the acquisition of the award-winning Missoula, Montana Courtyard by Marriott.
Kennedy Wilson Acquires 208 Unit Apartment Community in Central California
Global real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced that the company acquired Montiavo at Bradley Square, a 208‐unit apartment community located in Santa Maria, CA. The property was purchased for $47 million, wit...
Brennan Acquires Industrial Building in Detroit Metropolitan Airport Market
Brennan Investment Group, LLC, a private real estate investment firm that acquires, develops and operates industrial properties on a national basis, has acquired a Class-A, multi-tenant warehouse and distribution facility totaling approximately 160,035...
Ashford Trust Completes Acquisition Of Hampton Inn & Suites Gainesville
The Company intends to finance the property with approximately $21.2 million of non-recourse mortgage debt. The purchase price represents a trailing 12-month cap rate of 8.8% on net operating income and a trailing 10.3x EBITDA multiple.
Office and Medical Leasing is Heating up in the San Fernando Valley
NAI Capital Senior Vice President Jeremy Barbakow, with the Encino office, who specializes in office and medical leasing in the San Fernando Valley, represented landlords and tenants in nine office leases in Sherman Oaks, Encino and Tarzana, eight of w...
RE/MAX University Under New Leadership
RE/MAX University (RU), is now guided by Amy Somerville, Vice President, Education and Training. Somerville, who has been with the RE/MAX corporate headquarters for seven years, will direct the activities of RU and all the company’s key education ini...
NAI Capital completed the $14.5 million sale of Tustin Medical Arts Center
NAI Capital completed the $14.5 million sale of Tustin Medical Arts Center in Tustin, Calif., on behalf of Klingbeil Medical Partners. The seller was a real estate investment firm specializing in medical office reposition opportunities. Klingbeil purch...
Lee & Associates-LA North/Ventura Closes 32-Unit Multifamily Sale in Los Angeles
A 32-unit multifamily property in the Los Angeles community of Van Nuys has sold at an $80,000 premium over listing price after multiple offers were tendered for the property, according to Warren Berzack, president of Berzack Investment Property Adviso...
Wells Fargo HomeLIFT program to help Central Valley homebuyers
Announced with Fresno Mayor Ashley Swearengin, Modesto Mayor Garrad Marsh, and Stockton Mayor Anthony Silva, Wells Fargo launched the new HomeLIFT program to help boost homeownership and strengthen Central Valley neighborhoods.
Construction Risk Expert Leigh Ann Henderson Joins Partner
Construction risk expert Leigh Ann Henderson has joined Partner Engineering and Science Inc. (Partner), a national due diligence, design and construction risk management firm headquartered in Torrance, Calif., as a Principal and National Client Manager
Homebuyers Find The Perfect Fit In New Lennar Home
RENO, Nev. -- Buyers explored beautiful model homes at Carson River Estates in Dayton and Wintercreek at Somersett in Reno during Lennar’s Grand Opening celebrations over the weekend. Each community features Lennar’s signature Everything’s Includ...
WHR Architects Announces Opening of North Carolina Office
WHR Architects, one of the nation’s leading healthcare architectural practices, has expanded its healthcare presence in North Carolina, establishing an office in Raleigh. While WHR has been working with clients in the region since 2009, the strategic...
Federal Home Loan Bank of Seattle Announces First Quarter 2015
Today, the Federal Home Loan Bank of Seattle (Seattle Bank) announced preliminary financial highlights for the three months ended March 31, 2015, reporting $10.4 million of net income, compared to $10.7 million in first quarter 2014, and an increase in...
Lee & Associates-LA North/Ventura Transacts 10-Unit Multifamily Sale
A 10-unit apartment property in Thousand Oaks, CA has traded for $4,320,000 or $432,000 per unit, according to John Battle SIOR, a principal of Lee & Associates-LA North/Ventura who represented the seller, HH Sugar Shack LLC, with Lee Associate Mat...
AVANATH CAPITAL MANAGEMENT ACQUIRES AFFORDABLE/WORKFORCE HOUSING PORTFOLIO IN ORLANDO AND NORTH CAROLINA FOR $45.9...
Avanath Capital Management, LLC, a private real estate investment manager, has acquired a two-property, 553-unit affordable housing portfolio in Orlando, Florida and Cary, North Carolina for $45.9 million through an off-market transaction.
Moody National REIT I Acquires Two Hotels for $77 Million
Moody National REIT I, Inc. (Moody REIT I), a public, non-traded REIT, recently agreed to acquire a hotel in Nashville, Tennessee for $66.3 million, excluding acquisition costs.
National honors for 4 Long Island brokers
Four Long Island-based commercial real estate brokers were honored by Cushman & Wakefield for their 2014 accomplishments at the company’s recent national awards ceremony. Frank Frizalone, Marisa Karmitz, Phil D’Avanzo and Nick Gallipoli receiv...
META HOUSING CORPORATION COMPLETES ITS FIRST FAMILY ARTS COLONY
Meta Housing Corporation has completed its first “family arts colony” apartment project - a new, 49-unit arts-focused affordable apartment community that integrates artistic live/work space in the San Pedro neighborhood of Los Angeles, California
