Investing

Investing
AirGMS Vacation Rental Software

Canadian Airbnb Software and Key Exchange Service Announce Integration to Streamline Airbnb Management

There is a recent emergence of businesses that are centered around Airbnb, businesses that's purposes are to make the lives of hosts easier. The businesses aim to do this by automation, outsourcing, and increasing possibilities. Recently, there have been two companies in particular that have been making advancements in the industry.
CVS_Houma

Hanley Investment Group Completes Sale of Single-Tenant CVS in Houma, Louisiana for $3.35 Million

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Jeremy McChesney has completed the sale of a single-tenant CVS/pharmacy with a drive-thru at 9407 E. Park Avenue in Houma, the largest city in Terrebonne Parish, Louisiana. The purchase price was $3,350,000.
Drug Store Q3

The Boulder Group Publishes Net Lease Drug Store Research Report

The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the recent activity in the National Net Lease Drug Store Market.
AVA_NoMa

KTGY-Designed AVA NoMa Receives Best Washington/Baltimore High-Rise Apartment Community Award from Delta Associates

International award-winning firm KTGY Architecture + Planning announced today that AVA NoMa in Washington, D.C., was honored by Delta Associates at the firm’s 21st Annual Washington/Baltimore Multifamily Market Overview & Awards for Excellence program. AVA NoMa won “Best Washington/Baltimore High-Rise Apartment Community.”
Luminaira_Tsutsumida

Grand Opening of First Two Affordable Family Apartment Communities in Great Park Neighborhoods in...

International award-winning firm KTGY Architecture + Planning is proud to announce its participation in the first affordable housing communities for low-income families in Irvine’s master planned community of Great Park Neighborhoods, which celebrated its grand opening on October 27, 2017. Luminaira at Parasol Park was developed by FivePoint Holdings, LLC, Related California and RCC Charitable (Riverside Charitable Corporation). Espaira at Parasol Park was developed by FivePoint, Related, and ETHIC Housing Trust (El Toro Housing Initiative Collaboration).
CoreLogic

CORELOGIC CONVERTS 46 CENTRAL TEXAS DATA RECIPIENTS TO TRESTLE

CoreLogic®(NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today announced it has successfully converted 46 data recipients of the Central Texas Multiple Listing Service (CTXMLS) to Trestle™. CTXMLS is a regional service provider operated by five REALTOR®associations with approximately 3,600 members.
McDonald's_Azusa

Hanley Investment Group and SRS National Net Lease Group Sell Single-Tenant McDonald’s in Azusa,...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, and SRS Real Estate Partners, the largest retail-focused real estate brokerage and advisory firm in North America specializing in property sales, leasing, and tenant representation, announced today that Executive Vice President Eric Wohl of Hanley Investment and Senior Vice President Michael Walseth of SRS’ National Net Lease Group, represented the seller in the sale of a brand new single-tenant McDonald’s ground lease in the City of Azusa, Calif.
Main Street_TMC_3X5

The Muller Company Partners with Cerberus Capital Management to Recapitalize Office Portfolio in Orange...

The Muller Company, a full-service real estate company specializing in the investment, development and management of commercial real estate in the western United States, announced today the formation of a joint venture with an affiliate of Cerberus Capital Management, L.P. (“Cerberus”), a global leader in alternative investing, for the recapitalization of the firm’s three-property, 841,036-square-foot office portfolio in Orange County, California
The Laguna

Meridian Buys Medical Office Building in Laguna Hills, Calif.

Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the firm has closed escrow on the purchase of The Laguna, a 57,057-square-foot medical office building in Orange County, California. This acquisition expands Meridian’s footprint in Southern California coming on the heels of last year’s purchase of Cotton Medical Center, a 115,000-square-foot, $49 million medical office complex in Pasadena, California, adjacent to the recently completed Shriners Hospitals for Children and near the Huntington Memorial Hospital.
Circle K_Phoenix_sm

Hanley Investment Group Negotiates Sale of Single-Tenant Circle K in Phoenix

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Jeremy McChesney has completed the sale of a single-tenant net-leased retail property occupied by Circle K at 5850 W. Indian School Road in Phoenix, Arizona. The purchase price was $1,300,000, which represented a cap rate of 4.62 percent, the lowest recorded closing cap for a Circle K in the U.S. in 2017, according to CoStar.
Monrovia Landing_2

Warner Pacific Properties Announces Grand Opening of T.J.Maxx/HomeGoods Combo Store at Monrovia Landing

Warner Pacific Properties, a real estate investment and development company, announced today the opening of a new T.J.Maxx/HomeGoods combo store at the newly repositioned Monrovia Landing at 735 and 737 E. Huntington Drive (Historic Route 66) and S. Shamrock Avenue, in the City of Monrovia, California. The new store will celebrate its grand opening on Sunday, October 22nd, at 8:00 a.m.
Cricket Wireless Perryville MO

The Boulder Group Arranges Sale of Net Lease Cricket Wireless Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net lease Cricket Wireless property located at 1705 Alma Avenue in Perryville, Missouri for $610,000.
Mission Court

Eden Housing to Break Ground on KTGY-designed Affordable Senior Housing Community in Fremont

International award-winning firm KTGY Architecture + Planning announces that nonprofit developer Eden Housing and the City of Fremont will celebrate the groundbreaking of a new affordable housing community at 47003 Mission Falls Court in Fremont, Calif., on Friday, October 13th, at 12 noon. Mission Court Senior Apartments will provide 90 one- and two-bedroom apartment homes for very low and extremely low-income active adults 62 and better who earn between 30 percent and 50 percent of the Area Median Income (AMI).
San Pablo_Emeryville

KTGY-Designed Transit-Oriented Affordable Housing Community Targeting Large Families Breaks Ground

International award-winning firm KTGY Architecture + Planning announces that nonprofit developer, manager and advocate of affordable housing EAH Housing and the City of Emeryville celebrated the ground-breaking of a new 86-unit transit-oriented mixed-use residential development on Wednesday, October 11, 2017, at 3706 San Pablo Avenue in the downtown area of Emeryville, Calif.
7-Eleven Bakersfield

Hanley Investment Group Completes Three 7-Eleven Deals for $9.13 Million, Marking Jeremy McChesney’s 23rd...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Jeremy McChesney has completed the sale of three 7-Eleven properties in separate transactions for a combined value of $9,130,000. The properties are located in Los Angeles, San Diego and Bakersfield, California. One of the transactions had a record-low cap rate for 2017.

Business Real Estate Press Releases

OldTownWindsor-HotHoodz

zavvie Reveals Colorado’s Hottest Neighborhoods with ‘Hot Hoodz’

What are Colorado’s hottest neighborhoods? Denver’s West Colfax and Chaffee Park are on the list, as are Old Town in Windsor, Downtown in Colorado Springs, and Keewaydin in Boulder. That’s according to December’s “Hot Hoodz,” released by zavvie, a national HyperLocal and social media real estate marketing startup based in Boulder.

Recent Gov & Nonprofit Real Estate Press Releases

Financial Services Committee

Committee Advances 13 Bills

This week, the Financial Services Committee approved 13 billson a range of subjects from economic growth, to consumer protection, to Native American housing and human trafficking. This week’s markup follows a very productive year for the Committee, which has held 54 subcommittee hearings