Press Releases

Press Releases
MBA

MBA Forecasts Commercial/Multifamily Mortgage Originations to Decline in 2017

The Mortgage Bankers Association (MBA) projects commercial and multifamily mortgage originations will be down slightly in 2017, ending the year at $478 billion, a decrease of 3 percent from the 2016 volumes. Mortgage banker originations of just multifamily mortgages are forecast at $206 billion in 2017, with total multifamily lending at $245 billion
Skyline-A-Wilbert-PR-Company

SG Property Services Adds Two Medical Buildings to Portfolio

Property Services, an Atlanta-based real estate firm with a focus on healthcare and professional office development, has acquired Johns Creek Medical and The Swan Building for a combined $11.9 million. The two properties, located at 6918 McGinnis Ferry Road in Johns Creek and 4165 Old Milton Parkway in Alpharetta, total 55,664 square feet.
McCormick Construction

McCormick Construction Announces Completion of Westfield’s U.S. Headquarters Renovation

McCormick Construction, a premier builder shaping the culture of buildings and businesses throughout the Western United States since 1914, has announced the completion of Westfield's U.S. headquarters renovation, located at 2049 Century Park East in Century City, California.
Jiffy Lube Indiana

The Boulder Group Arranges Sale of Single Tenant Net Lease Jiffy Lube Portfolio

The Boulder Group, a net leased investment brokerage firm, has completed the sale of two single tenant net leased Jiffy Lube locations in Indiana for $2,400,000.
FBS

FBS and Solid Earth Announce Partnership to Integrate Spark API with Spring

FBS, the creators of the industry-leading Flexmls System and Spark Platform, announced a partnership with Solid Earth to build their Spring Consumer Portal on the Spark API, an integration that will give Multiple Listing Services the ability to create and quickly deploy hyper local consumer portals in their marketplaces, delivering better quality leads to its members for the first time
Skyline-A-Wilbert-PR-Company

Shailendra Group Property Services Acquires 41K+ SF West of Atlanta

Shailendra Group Property Services (SGPS) today announced the purchase of Douglasville Medical Center and Prestley Mill Medical Center for a combined $7.5 million. The 41,772-square-foot acquisition includes 8820 Hospital Drive and 4586 Timber Ridge Drive properties
Rite Aid Rosamond

Hanley Investment Group Arranges Sale of Single-Tenant Rite Aid in Rosamond, Calif. for $7.6...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, arranged the sale of a new single-tenant net-lease Rite Aid property located at 2938 Rosamond Boulevard in the City of Rosamond, north of Lancaster/Palmdale, in Southern California’s Antelope Valley. The purchase price was $7,604,000.
Skyline-A-Wilbert-PR-Company

Sachin Shailendra Gives Address at Clayton State University’s 2017 Spring Commencement

SG Contracting President and Georgia Board of Regents member Sachin Shailendra recently delivered a commencement address to Clayton State University graduates, faculty and guests. Shailendra's main message to graduates during the May 6, 2017, commencement ceremony was, "Don't ever give up. Always continue to work hard and strive to reach your goals."
Mercer Vine

MERCER VINE LISTS FUSION OF SPANISH COLONIAL AND CLASSIC BEVERLY HILLS HOME FOR $15.995...

Mercer Vine, an innovative leader in Los Angeles luxury real estate, has listed the fully re-imagined home at 627 N. Palm Drive for $15.995 million. First built in 1929, the home’s original architect was the vision of renowned architect Ralph Flewelling. After the complete redesign, STANDARD Architecture created a truly unique homage to Spanish Colonial and classic Beverly Hills design located in the heart one of the world’s top luxury destinations.
Skyline-A-Wilbert-PR-Company

SG Contracting Breaks Ground on Primary School Learning Center for Esteemed Atlanta International School

SG Contracting, a leading Atlanta-based general contracting and construction management company, today announced it has broken ground on a new Primary School Learning Center for the Atlanta International School (AIS) located on the school’s campus in Buckhead.
Wendy Sisneroz OpesAdvisors

Wendy Sisneroz joins Opes Advisors

Opes Advisors, a Division of Flagstar Bank and innovative mortgage lending and wealth management firm with division headquarters in Cupertino, California has named Wendy Sisneroz as the new Area Manager for the region’s four offices in California’s Central Valley. This experienced mortgage lending team has been helping Central Valley residents achieve their dream of homeownership for more than 10 years.
PAH_Mountain View

Palo Alto Housing Breaks Ground on New Affordable Veterans and Workforce Housing in Mountain...

On June 12, 2017, City of Mountain View Mayor Ken Rosenberg, Santa Clara County Board Supervisor Joseph Simitian, State Housing and Community Development Director Ben Metcalf, California Department of Veterans Affairs and other local leaders will celebrate the groundbreaking of Eagle Park Apartments, an affordable residential rental community being developed by Palo Alto Housing (PAH) in the center of Silicon Valley
USC_Ross-Haddad-Witte

THE USC LUSK CENTER FOR REAL ESTATE NAMES INDUSTRY VETERANS HADDAD AND WITTE AS...

The University of Southern California’s Lusk Center for Real Estate, a nationally-renowned real estate research center, announced today the retirement of Stan Ross, after 18 years as chairman of the Lusk Center advisory board.
Soo-Im_KTGY

KTGY Director, Design Soo Im to Speak on Solving the Industry’s Next Great Challenge:...

International award-winning KTGY Architecture + Planning is pleased to announce that Soo Im, AIA, LEED AP, NCARB and Director, Design in the firm’s Los Angeles office will be a speaker at the 3rd Annual Interface Seniors Housing Midwest on Wednesday, June 7, 2017, in Chicago. She will participate in the panel discussion, “Solving the Industry’s Next Great Challenge: Building and Operating Middle Income Seniors Housing.”
Walgreens_Oceanside

Hanley Investment Group Arranges Sale of Single-Tenant NNN Walgreens in Oceanside for $7.4 Million

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, arranged the sale of a single-tenant absolute net-lease Walgreens property located in north San Diego County at 3507 Cannon Road in Oceanside, Calif. The purchase price was $7.4 million, which represented a cap rate of 5.0 percent.
Presidio-Oakpointe-LakePointe

KTGY Architecture + Planning Strengthens Commitment to Education and Community and Adopts 6th-Grade Class...

International award-winning KTGY Architecture + Planning is pleased to announce that Oakpointe Communities and Presidio Residential Capitalhave received unanimous approval from the City of Covington to develop LakePointe Urban Village, a 214-acre master planned
KTGY

KTGY Architecture + Planning Strengthens Commitment to Education and Community and Adopts 6th-Grade Class...

Award-winning KTGY Architecture + Planning announced today the firm’s Oakland office, working with the Oakland Public Education Fund, has adopted a 6th-grade class at Madison Park Business & Art Academy, which has served the East Oakland community since 1959. “KTGY’s Oakland office has actively served this community for more than 11 years,” said Jill Williams, AIA, chairman of KTGY Architecture + Planning based in the firm’s Oakland office.
DG Pitkin LA

The Boulder Group Arranges Sale of Triple Net Lease Dollar General in Pitkin, LA

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Dollar General located at 12904 Highway-10 in Pitkin, Louisiana for $1,117,300
Lane Hornung-zavvie

Startup zavvie helps Colorado homeowners find the “savvy” real estate agents

To characterize Molly and Michael Rowells as experienced home sellers is an understatement, considering that collectively, they've moved more than a dozen times. The couple has four children and both are retired U.S. military veterans.

HOUSTON NEW HOME SALES ARE UP, DAYS ON MARKET REMAINS UNCHANGED

New home sales in the Houston area are up nearly 12% in the last 12 months, as the pace of new home sales in Houston remained relatively flat in April, according to the HomesUSA.com New Homes Sales Index released today. The number of Days on Market for new homes sold in Houston was stable in April, indicating a continued steady new home sales pace.
Dueker, Scott

CONIFER WELCOMES NEW DEVELOPMENT DESIGN DIRECTOR

Conifer Realty, LLC announced that Scott Dueker has joined the Company to further develop their growing portfolio. Scott Dueker is joining the Development Team with over 20 years of architecture experience
NAIOP

Spotlight Your CRE Achievements: 2017 Developing Leaders Awar

pplications are being accepted for NAIOP’s 2017 Developing Leaders Award. This prestigious annual award honors up-and-coming commercial real estate professionals, 35 years old and under, for their valued contributions and commitment to the industry. Don't miss out on this tremendous leadership honor and networking experience.
Glenlake

One Glenlake in Central Perimeter is pleased to announce

Cotiviti has leased 66,100 RSF on the 12th, 13th and 14th floors thanks to Joe Terrell with Highgate Partners. Clark, Richardson and Biskup Consulting Engineers has leased 12,931 RSF on the 6th floor thanks to Paul Hanna with JLL
Arby's Restaurant Easton PA

The Boulder Group Arranges Sale of Net Lease Arby’s Restaurant Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net lease Arby’s Restaurant located at 3710 Easton Nazareth Highway in Easton, Pennsylvania for $1,700,000

WSSC Approves Nearly $150 Million in Contracts to Repair Roads and Improve Infrastructure

WSSC Commissioners today approved three contracts totaling $149.5 million to repair and replace aging infrastructure and meet future water supply demands for Montgomery and Prince George’s County residents.
Casual Dining - Q1 2017

The Boulder Group Publishes Net Lease Casual Dining 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 Casual Dining Market.
noid-Dominion Self Storage Queen Creek

Dominion Self-Storage Opens Second East Valley Location

Scottsdale, Arizona, May 16, 2017– Dominion Self-Storage is proud to announce the opening of their second self-storage center. The state-of-the-art self-storage business is located in Queen Creek, Arizona on Germann Road, East of Power Road at 18729 Business Park Drive.
DG Columbia LA

The Boulder Group Arranges Sale of Triple Net Lease Dollar General in Columbia, LA

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Dollar General located at 7180 Highway 165 in Columbia, Louisiana for $1,295,000.
BillMartin-CEO-FloridaRealtors

Florida Realtors® Tech Helpline Records Another Growth Spurt

In the first 120 days this year, more than 53,000 real estate professionals from the states of Virginia and Wisconsin, Woodstock in Ontario, Canada, Estes, Colorado and five markets in Pennsylvania – from Metropolitan Pittsburgh to the Poconos Mountains – have access to Florida Realtors® Tech Helpline for the first time.
Villas

SummerHill Apartment Communities to Celebrate Completion of Villas on the Boulevard Apartment Community in...

SummerHill Apartment Communities, a division of SummerHill Housing Group and a leader in providing quality, smart growth, multi-family rental housing and mixed-use developments,

Recent

NIBS

IAPMO to Serve as Building Innovation 2018 Technical Programs Sponsor

With planning underway for Building Innovation 2018: The National Institute of Building Sciences Sixth Annual Conference and Expo, the Institute welcomes the International Association of Plumbing and Mechanical Officials (IAPMO) as the returning Technical Programs Sponsor. This is the third straight year that IAPMO has taken the role.