Property, Rentals, Transactions

Property, Rentals, Transactions

Spring Market Blooming Despite Ongoing Inventory Shortage and High Prices

The Massachusetts Association of Realtors® (MAR) reported today that the number of closed single-family home sales were up more than two percent over March 2016, with median price also seeing a hike. This is despite the month seeing the lowest number of homes for sale since MAR began recording the data in 2004. Condominium sales and price also rose over last year.

Miami Single-Family Home Sales Surge, Post Best March in History

Miami’s single-family homes market registered its best March in history while home sales for all properties, median prices and total dollar volume increased, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system.

Lamberson and Poag Receive Top Pinnacle Award Honors

The Memphis Area Association of REALTORS® Commercial Council honored the top performers in commercial real estate for 2016 at the 16th Annual Pinnacle Awards gala held April 6 at the FedEx Event Center at Shelby Farms. Coming away with the evening’s highest honors were Commercial Hall of Fame inductee Dan Poag, of Poag Shopping Centers, and Wyatt Aiken Commercial Broker of the Year winner Johnny Lamberson, of CB Richard Ellis Memphis.

Lamberson and Poag Receive Top Pinnacle Award Honors

The Memphis Area Association of REALTORS® Commercial Council honored the top performers in commercial real estate for 2016 at the 16th Annual Pinnacle Awards gala held April 6 at the FedEx Event Center at Shelby Farms. Coming away with the evening’s highest honors were Commercial Hall of Fame inductee Dan Poag, of Poag Shopping Centers, and Wyatt Aiken Commercial Broker of the Year winner Johnny Lamberson, of CB Richard Ellis Memphis.

FIRST HALF OF 2017 PROPERTY TAX STATEMENTS ARE MAILED, DUE DATE MAY 1

Property tax statements for the first half of 2017 are in the mail, Clark County Treasurer Doug Lasher announced Monday. Property tax statements include property tax levy amounts, special assessments and certain fees. The Treasurer’s Office sent 67,000 paper statements, 78,000 postcards to taxpayers whose mortgage companies pay their taxes, and 6,000 e-statements to people who registered to receive tax bills online

Arlington County Board Adopts $1.25 Billion FY 2018 Budget

The Arlington County Board today adopted a $1.25 billion balanced General Fund Budget for Fiscal Year 2018 that includes a one-and-a-half-cent increase in the real estate tax rate for Calendar Year 2017.

City of Mobile to Unveil New Future Land Use and Major Street Plans

As directed by the Map for Mobile, the City of Mobile is unveiling the new Future Land Use Map and Major Street Plan on Thursday, April 6, at 6 pm in the gymnasium of Government Street Baptist Church, located at 3401 Government Boulevard. The City is a...

RUTLEDGE ANNOUNCES IZARD COUNTY MAN SENTENCED FOR PROPERTY THEFT

Arkansas Attorney General Leslie Rutledge today announced the conviction of an Izard County man for property theft by deception. Clifton Davis pleaded guilty in Pulaski County Circuit Court and was sentenced to five years probation and to pay $5,232 in...

Miami Realtors Hosting Investing in Income Properties Seminars

Miami real estate investor and acclaimed author Kenneth D. Rosen will impart his unique commercial real estate investing advice to Realtors and entrepreneurs at MIAMI Association of REALTORS® (MIAMI) and RCA MIAMI seminars on April 11 in Dania Beach and April 20 in Coral Gables.

CBRE National Retail Partners West Completes Sale of BeachWalk in Solana Beach

CBRE’s John Read announced that his National Retail Partners – West (NRP-West) team along with Reg Kobzi in CBRE’s San Diego office completed the sale of BeachWalk, a 54,973 square-foot coastal retail center in the city of Solana Beach, Calif. Situated along Highway 101, the property is steps to the Pacific Ocean, walking distance to the Cedros Design District and Amtrak Train Station, and less than a mile from the world famous Del Mar Fairgrounds, site of the Del Mar Racetrack. The sale price was $33.25 million. More...

Illinois housing market swings into spring with jump in home sales, prices

The Illinois housing market had a strong showing in March with home sales climbing 9.6 percent over previous-year levels and the statewide median price  surging 10.7 percent higher,according to Illinois REALTORS

North Shore And Barrington Area Housing Market Increases

Early predictions of a healthy market performance for the first quarter have held true for the North Shore-Barrington housing market. Housing data for March shows the number of new listings and closed sales rose from the same period in 2016, while houses under contact rose substantially, according to the North Shore-Barrington Association of REALTORS® (NSBAR).

Fla.’s Housing Market: More Sales, Rising Prices in March 2017

Florida’s housing market reported more closed sales, higher median prices and increased pending sales in March, according to the latest housing data released by Florida Realtors®. Sales of single-family homes statewide totaled 25,921 last month, up 9.3 percent compared to March 2016

Financial Literacy Courses for Realtors

To assist Realtors® in understanding the importance of financial planning and how to best implement processes for their own needs, New Jersey Realtors® will be offering a financial literacy series June 7, 8, and 9 in concert with Monmouth University

ONENYC: MAYOR ANNOUNCES ENVIRONMENTAL REMEDIATION OF 500TH PROPERTY AND ACHIEVEMENT OF 75% OF GOAL

To kick off Earth week, today Mayor Bill de Blasio announced the completion of environmental remediation on the 500th tax lot under NYC oversight since his administration began in 2014, achieving 75% of his OneNYC cleanup goal 18 months ahead of schedu...

Pending Sales Increases Continue from Busy Winter into the Spring Market

The Massachusetts Association of Realtors® (MAR) reported today that the spring market is off to a good start with pending sales up over six percent from this time last year. Pending sales have been up 48 of the last 49 months. Condominiums put under agreement also saw a hike over last year, with an increase of over 14 percent from 2016.

Atlanta REALTORS® Association Celebrates 2016 Top Producers

Presenters at the Atlanta REALTORS® Association's Annual Top Producers Gala, held March 18, 2017, included (l-r): Jean Rawls, Scott Askew, Charlotte Sears, Ro Preisinger, David Tufts, Glennis Beacham, Bill Rawlings, Dan Forsman, Jenni Bonura, and Lisa Johnson.

Sales activity versus available inventory drive Orlando’s supply of homes to its lowest point...

Buyer activity during the month of March pushed the supply of homes available for purchase in Orlando to just 2.48 months’ worth, the lowest since May of 2013 and swinging the market pendulum further towards favoring sellers. Housing economists consider six months of supply to indicate a market that is balanced between buyers and sellers.

C.A.R. Business Products now offers 3D home tour technology exclusively to REALTORS®

Real Estate Business Services® Inc. (REBS®), a subsidiary of the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.), through its C.A.R. Business Products division, has signed a partnership with 3D home tour provider immoviewer, to help REALTORS® easily create virtual property tours and boost their business

The Boulder Group Arranges Sale of PNC Bank Ground Lease

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant PNC Bank Ground Lease located at 6616 Crossings Drive SE in Walker, Michigan (Grand Rapids MSA) for $1,490,000.

The Boulder Group Arranges Sale of a Target Anchored Strip Center in Glendale Heights,...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a Target anchored strip center located at 177-179 West Army Trail Road in Glendale Heights, Illinois for $3,301,587.

The Boulder Group Arranges Sale of Single Tenant Net Leased Walgreens in Texas

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 9005 N Navarro Street in Victoria, Texas for $6,550,000.

Hanley Investment Group Completes Sale of Two Multi-Tenant Pad Transactions in Kansas City Metro...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the sale of two new construction multi-tenant pad buildings in ...

Brookfield Residential Debuts New Distinctive Home Designs by KTGY Architecture + Planning at Kissing...

International award-winning firm KTGY Architecture + Planning is pleased to announce that KTGY’s new distinctive home designs targeting the needs of today’s discerning active adults were recently unveiled at Kissing Tree in San Marcos, Texas. Kissing Tree is the first baby boomer, master-planned community, for those 55 and better by Brookfield Residential Properties, and the first of its kind in San Marcos.

The Boulder Group Arranges Sale of LA Fitness and Ross Anchored Property in Chicago

The Boulder Group, a net leased investment brokerage firm, has completed the sale of Archer Station, a fully leased four tenant shopping center located at 2620-2640 W Pershing Road in Chicago, Illinois for $24,312,811. The property is fully leased to LA Fitness, Ross Dress for Less, AT&T Wireless and Athletico Physical Therapy in a densely populated urban in-fill location with significant barriers to entry

Raleigh-Durham Surprises as City to Watch

London and Silicon Valley heading up the Global Top 30 on JLL’s 2017 Investment Intensity Index? Not surprising. But Raleigh-Durham, Austin and Denver also making the list? Now that’s interesting. It’s because these smaller powerhouses are punching above their weight in proportion to their local GDP and going head-to-head with highly globalized markets that are traditionally more attractive to investors. More...

Raleigh-Durham Surprises as City to Watch

London and Silicon Valley heading up the Global Top 30 on JLL’s 2017 Investment Intensity Index? Not surprising. But Raleigh-Durham, Austin and Denver also making the list? Now that’s interesting. It’s because these smaller powerhouses are punching above their weight in proportion to their local GDP and going head-to-head with highly globalized markets that are traditionally more attractive to investors. More...

Financings Spur Value-Add Investment for Birmingham Apartments

JLL’s Capital Markets experts today announced the firm provided financing for the acquisition of Goodall-Brown Lofts and Fix Play Lofts, two multifamily assets located in Birmingham, Alabama. Highland Real Estate Capital purchased the buildings. More...

Financings Spur Value-Add Investment for Birmingham Apartments

JLL’s Capital Markets experts today announced the firm provided financing for the acquisition of Goodall-Brown Lofts and Fix Play Lofts, two multifamily assets located in Birmingham, Alabama. Highland Real Estate Capital purchased the buildings. More...

JLL Selected to Market Former Bayer Campus in Memphis

Bayer U.S. has hired JLL to market for sale or lease its 43-acre, six building, 1 million-square-foot research and development center in Memphis. “The 43-acre former Bayer Research and Development campus represents an ideal redevelopment opportunity for healthcare corporations and other users seeking well-located sites in and around the Mid-South region,” said Jack Wohrman, SIOR, JLL Vice President. More...

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Mayor London Breed Celebrates Groundbreaking of New Affordable Housing in the...

Mayor London N. Breed today joined community leaders to celebrate the groundbreaking of future affordable housing at 1950 Mission Street. Once completed, the project will offer 155 affordable apartments for families