Commercial

Commercial
Kamran Charmsaz

Kamran Charmsaz Becomes Shareholder of KTGY Architecture + Planning

International award-winning firm KTGY Architecture + Planning is pleased to announce the addition of Kamran Charmsaz, CSI, CCCA, LEED AP, as a shareholder. Charmsaz, formerly an associate principal with KTGY, was also named a principal. Charmsaz is based in the firm’s Tysons, Virginia office and joins other KTGY Tysons shareholders: Rohit Anand, AIA, NCARB, principal; and Smita Anand, AIA, principal
MBA

Volume of Commercial and Multifamily Mortgages Maturing Drops 42 percent in 2018

According to the Mortgage Bankers Association's 2017 Commercial Real Estate/Multifamily Survey of Loan Maturity Volumes, 6 percent, or $102.2 billion, of the $1.8 trillion outstanding commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2018, a 42 percent decrease from the $175.9 billion that matured in 2017.
Jessica Musick

Jessica Musick Becomes Shareholder of KTGY Architecture + Planning

International award-winning firm KTGY Architecture + Planning is pleased to announce the addition of Jessica Musick as a shareholder. Musick, formerly an associate principal with KTGY, was also named a principal. Based in the firm’s Oakland, California office, Musick joins other KTGY Oakland shareholders: Jill D. Williams, AIA, principal and chairman of the board; and Bill Ramsey, AIA, NCARB, principal.
Wil Wong

Wil Wong, AIA, Joins the Board of Directors of KTGY Architecture + Planning

International award-winning firm KTGY Architecture + Planning is pleased to announce the addition of Wil Wong, AIA, to its board of directors. Wong is a principal based in the firm’s Irvine, California office. “KTGY’s board of directors is elected by the firm’s shareholders and sets the big-picture vision for direction
John Mosey BPP

Broker Public Portal Gets Financial Boost as Homesnap Lands $14M Funding

Broker Public Portal (BPP) announced today that joint venture partner Homesnap, the public-facing brand of the BPP, has raised a $14 million Series B investment round led by Updata Partners, with participation from Moderne Ventures and individual investors. Homesnap is the highest-rated and most-installed home search and mobile productivity app for real estate brokers, agents, and clients.
Merryhill_aerial

Hanley Investment Group Arranges Sale of Single-Tenant School in Sacramento for $7.9 Million

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 has arranged the sale of a single-tenant triple-net absolute investment at 9036 Calvine Road in Sacramento, California, occupied by Merryhill Schools. The purchase price was $7.9 million
PNC GL Chicago

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 8700 S Cottage Grove Avenue in Chicago, IL for $4,000,000. The PNC Bank property is strategically positioned at the heavily trafficked signalized intersection of South Cottage Grove Avenue and East 87th Street.
Michael Gabriel Owner

Gabriels Technology Solutions Emerges as Leading Tech Provider to World’s Most Prestigious Luxury Real...

The world’s leading provider of internet technologies and services for major news media outlets across the globe, Gabriels Technology Solutions (gabriels.net), has emerged as the leading technology provider to the most prestigious luxury real estate brands worldwide. Today, Gabriels provides advanced real estate technology solutions to Sotheby’s International Realty and Christie’s International Real Estate and other major regional luxury brands, serving brokerage firms and major media companies in 42 states and over 30 countries worldwide.
Elm Street Technology

ELM STREET TECHNOLOGY ANNOUCES ACQUISITION OF AGENTJET

Today, Elm Street Technology (EST) announced the acquisition of Agentjet, Inc., a digital marketing, lead generation and technology provider for top producing agents and teams. Today’s announcement marks the fourth transaction in the company’s two-year history and provides a scalable lead generation compliment to the company’s Elevate productivity suite of technology and client servicing platforms
myPlanit

myPlanit Receives First Ever 5-Star Product Rating from Inman

myPlanit, the patented personal data platform that delivers the Internet of You, receives the first ever 5-star product rating from Inman News. The mobile app automatically interconnects and contextualizes data scattered across calendars, contacts, places, videos and photos, notes and MLS listings into a single map- and time-based user experience.
CoreLogic

CORELOGIC EXPANDS ACCESS TO NATURAL HAZARD REPORTS IN CALIFORNIA

CoreLogic®(NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today announced it is adding DisclosureSave to the Clareity® SSO Dashboard to enable nearly twenty-thousand California agents simpler access to natural hazard disclosure reports required to close each transaction.
Dollar General

The Boulder Group Arranges Sale of Triple Net Lease Dollar General in South Dakota

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Dollar General property located at 23300 435th Avenue in Howard, South Dakota for $1,130,000.
BB&T Bank

Hanley Investment Group Completes Sale of Single-Tenant BB&T Bank for $6.4 Million in Bonita...

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 has completed the sale of a single-tenant BB&T Bank located near Naples, Florida, in the city of Bonita Springs. The purchase price was $6.4 million for a 3,272-square-foot building, representing $1,956 per square foot, ranking the transaction in the all-time top one-percent for a single-tenant bank sale nationwide, according to CoStar.
Scott Chase

Buying before you sell: Opes Advisors explains bridge loans and more

Timing can be everything when it comes to buying a home. When sellers face transitioning between homes, there can be a gap between the timing of the sale of their current home and the purchase of their new home. And that can generate a lot of concerns.
DavidGumpperWAVGroup

WAV Group Announces New Technology Consulting Division, Gumpper to Lead

One of real estate’s leading business consulting firms, WAV Group, announced today it is expanding its services to include IT Consulting - technology roadmaps, vendor selection, SaaS integrations – and that David Gumpper, former Chief Technology Officer for Michael Saunders & Company, is partnering with the WAV Group to lead this new Technology Consulting division.

Business Real Estate Press Releases

Kamran Charmsaz

Kamran Charmsaz Becomes Shareholder of KTGY Architecture + Planning

International award-winning firm KTGY Architecture + Planning is pleased to announce the addition of Kamran Charmsaz, CSI, CCCA, LEED AP, as a shareholder. Charmsaz, formerly an associate principal with KTGY, was also named a principal. Charmsaz is based in the firm’s Tysons, Virginia office and joins other KTGY Tysons shareholders: Rohit Anand, AIA, NCARB, principal; and Smita Anand, AIA, principal

Recent Gov & Nonprofit Real Estate Press Releases

SEIA

New Bill Aims to Give Calif. Businesses, Schools and Nonprofits More...

The Solar Energy Industries Association (SEIA) commended legislation filed in the California Legislature on Friday that would make it easier for businesses, schools, nonprofits and municipalities to access solar energy. In turn, this will help generate thousands of new jobs and millions of dollars of investment in the state.