Tag: real estate

The Flatiron/23rd Street Partnership Business Improvement District (BID) today issued the seventh annual Flatiron: Where Then Meets Now report showcasing the significant development and growth of the commercial and residential sectors in the district.

The Flatiron/23rd Street Partnership Business Improvement District (BID) today issued the seventh annual Flatiron: Where Then Meets Now report showcasing the significant development and growth of the commercial and residential sectors in the district.

The Flatiron/23rd Street Partnership Business Improvement District (BID) today issued the seventh annual Flatiron: Where Then Meets Now report showcasing the significant development and growth of the commercial and residential sectors in the district.

The Orlando Regional REALTOR® Association is pleased to announce 2017 class of ORRA Young Professionals Network 20 Under 40 Rising Stars In Real Estate Awards recipients. These notable young REALTORS® were selected by the ORRA Awards Committee for their demonstrated excellence in career and service to both community and the real estate industry.

Orlando REALTORS® don’t just help people realize their dreams of homeownership, they also help build communities. Now, four of those community-builders have been honored for their efforts by the third annual Orlando Regional REALTOR® Association Good Neighbor Awards. Each of the nonprofit organizations helped by our GNA recipients’ volunteer efforts has received a $1,000 donation from ORRA to support their missions

Orlando home sales increased 14 percent in May compared to May of 2016 while the median price jumped 7.4 percent, reports the Orlando Regional REALTOR® Association. Inventory continued its year-over-year slide and dropped by 16.8 percent, but a small relief was found in the 1.2 percent increase in the number of homes available in May compared to April.

Orlando home sales declined 4 percent in April compared to April of 2016, in large part the result of sustained declines in the number of homes available for purchase. Orlando’s skimpy inventory also continued to push prices upwards, with the area’s year-over-year median home price again hitting a double-digit increase.

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.

The Orlando housing market experienced increases in both median price and sales in February, while the inventory of homes available for purchase shrank by 21 percent in comparison to February of last year.

ORRA is pleased to recommend REALTOR® Chris Sapp, Suzi Karr Realty, for election to Windermere Town Council along with additional candidates running for public office. The municipal election will be held on Tuesday, March 14.

The Orlando housing market experienced increases in both median price and sales in January, while the pool of homes available for purchase shrank by 21 percent in comparison to January of last year.

The Orlando Regional REALTOR® Association, which as the nation’s 10th largest REALTOR® association represents more than 12,500 Central Florida real estate professionals, has announced its 2016 award recipients.

The Orlando Regional REALTOR® Association inducted member Bruce Elliott, Regal R.E. Professionals LLC, as 2017 president at its Annual Awards and Inaugural gala. “It is an honor and a duty to lead an organization whose members rely upon it so heavily for their success,” says Elliott. “My intent for 2017 is to further assist the association’s members by extending ORRA’s outreach via technology-driven distance learning and by developing additional community service projects for member participation.”

The Orlando Regional REALTOR® Association is one of the largest local trade associations in the state of Florida, with more than 12,000 members in Orange, Seminole, and the surrounding counties.

K4Connect, a mission-oriented technology company that creates solutions that serve and empower older adults and individuals living with disabilities, has signed a lease at Capital Center Raleigh. JLL Raleigh represented K4Connect in the transaction. Founded in 2013, the Company’s solutions enable simpler, smarter living environments and healthier lives for those the company serves, while fostering family and community engagement

K4Connect, a mission-oriented technology company that creates solutions that serve and empower older adults and individuals living with disabilities, has signed a lease at Capital Center Raleigh. JLL Raleigh represented K4Connect in the transaction. Founded in 2013, the Company’s solutions enable simpler, smarter living environments and healthier lives for those the company serves, while fostering family and community engagement

Following JLL’s role as real estate and development advisor on the highly successful closing of the first ever, nine campus, $548 million student housing privatization in 2015, JLL was also hired as the Program Manager to represent the Board of Regents on four campuses with new student housing development included as part of the P3. The projects listed below were all completed on schedule July 15, 2016 and are now fully occupied

The median price of Orlando area homes rose 14 percent year-over-year in October. Meanwhile, sales decreased 8 percent as inventory took its greatest year-over-year tumble in 2016 and dropped by 12 percent

Panattoni Development Company today said it started grading a site for a speculative distribution center of up to 1.5 million square feet at its Lambert Farms development in Henry County, south of Atlanta

The median price of Orlando homes rose 12 percent year-over-year in September, while sales increased by 3 percent. The supply of homes available for purchase in the Orlando area slid downward by 10 percent.

Members of the Orlando Regional REALTOR® Association have voted for Lou Nimkoff, Brio Real Estate Services LLC, to serve as the association’s 2017 president-elect. Nimkoff will automatically ascend to the association’s president position in 2018.

The Souferian Group, a Los Angeles-based real estate development, investment and advisory firm founded and led by Behzad Souferian and focused on developing distinctively branded and designed lifestyle-driven properties, has announced the closing of a full-floor lease for Soothe, an app-based on-demand massage technology company. The company’s expanded operations will occupy the entire sixth floor of 1800 North Highland Ave., a seven-story, Class A office structure located at the gateway to Hollywood’s world-renowned entertainment district.

Sales of homes in Orlando experienced a year-over-year increase of 7.32 percent for the month of August, reports the Orlando Regional REALTOR® Association. The jump occurred amid yet another double-digit decrease in inventory, which continues to contribute to the area’s sustained rise in median price.

Robert is responsible for administering the financial and cash management affairs of the 12,500-member association. His duties include overseeing the accounting department, preparing for annual budget and audit activities, and serving as the staff liaison to ORRA’s budget/finance and investment committees.

The inventory of homes available for purchase in the Orlando area dropped by 10 percent in July 2016, contributing to a 6.28 percent decrease in sales and a 12.04 percent increase in median price when compared to July 2015. Inventory has experienced 13...

With plans to grow to 50 agents this year, the emerging real estate firm is built on a foundation of collaboration and client experience. Mercer Vine, a new leader in Southern California luxury real estate, has formally launched its brand by listing 10 properties in some of Los Angeles’ most exclusive neighborhoods. The properties, many of which are undergoing extensive high-end upgrades, have an estimated post-renovation value of $260 million

The median price of Orlando homes sold during the month of June increased 15 percent compared to June of last year, the result in part of yet another double-digit decline in inventory

Jordan Rubinstein and David Pressberg, two influential commercial real estate professionals in Los Angeles, have joined the brokerage team at Kennedy Wilson, a global real estate investment company. Previously with Century Park Realty, the move expands Kennedy Wilson’s foothold on the tenant representation side, and lengthens the firm’s list of nationally recognized clientele and expanding brands. The team will relocate to Kennedy Wilson headquarters in Beverly Hills.

Global real estate investment company Kennedy Wilson has represented the seller in the approximately $37 million sale of the San Fernando Building in the Old Bank District section of the Historic Core in Downtown Los Angeles. Originally built in 1907 as one of the city’s most coveted office buildings, the approximately 89,500-square-foot building was remodeled in 2000 to accommodate 70 large, loft-style multifamily units in addition to approximately 11,500 square feet of ground floor retail and restaurant space. The seller was Los Angeles-based Gilmore Associates and the buyer is MWest Holdings.

Oceanwide Plaza, LLC officially launches “The Collection at Oceanwide Plaza” brand in downtown Los Angeles today, with the unveiling of its leasing website, CollectionAtOceanwide.com, for the development’s retail and restaurant complex currently under construction. Global real estate company Kennedy Wilson serves as the exclusive leasing agent for Oceanwide Plaza’s 153,000 square feet of retail, which is part of the $1 billion mixed-use project developed by Beijing-based Oceanwide Holdings Co Ltd. The leasing website debuts The Collection through a 3-D animated, fly-through video, offering new details of the project, which is scheduled for completion in 2018