Property, Rentals, Transactions

Property, Rentals, Transactions
Existing-Home-Sales

Existing-Home Sales Subside 1.7 Percent in August

Existing-home sales stumbled in August for the fourth time in five months as strained supply levels continue to subdue overall activity, according to the National Association of Realtors®. Sales gains in the Northeast and Midwest were outpaced by declines in the South and West.

Kennedy Wilson Represents Seller in the Sale of Notable San Diego Office Property in...

Global real estate investment and services firm, Kennedy Wilson , has negotiated a two-part sale of the ground lease and underlying fee interest in land located at 1420 Kettner Blvd. in the Little Italy submarket of San Diego, California. The seven-story building is comprised of approximately 123,000 square feet of commercial office space and sits on a 2.6-acre parcel of land.

Illuminate Face & Body Bar Taps Kennedy Wilson Duo for Los Angeles Expansion

LOS ANGELES – Sept. 20, 2017 - (RealEstateRama) -- Global real estate investment and services firm Kennedy Wilson has been tapped as the official...
Manny Gonzalez

Santa Fe Association of REALTORS® Hosts “Bring Workers Home” Multi-Family Housing Conference

The Santa Fe Association of REALTORS® is hosting a Multi-Family Housing Conference on Thursday - September 28, 2017, from 9 a.m. to 2 p.m. at the Santa Fe Community Convention Center. The event is devoted to raising awareness of multi-family housing by providing a forum for key stakeholders to explore opportunities to promote, encourage and grow workforce housing in our region.
Student loan debt

Student Debt Delaying Millennial Homeownership by 7 Years

Despite being in the prime years to buy their first home, an overwhelming majority of millennials with student debt currently do not own a home and believe this debt is to blame for what they typically expect to be a seven-year delay from buying
AirGMS

Vacation Rental Software Developed By Airbnb Hosts Is Setting New Industry Standards

AirGMS is a Vancouver startup that is making life a lot easier for a new generation of Airbnb hosts. By differentiating itself from the crowd with a number of exclusive features - such as native autoresponders - AirGMS is proving to be a game changer for vacation property managers, whether they have hundreds of properties or just a handful.

What You Must Do Before Moving

Real estate prices are rising in many of the metropolitan areas across the United States, and that’s got some thinking about a better quality of life. Tech is thriving and very portable, so many workers can relocate across state lines without jumping through a lot of hoops. It sounds like a great dream, and it is, but there are some real factors to consider first.
IRS Orland Park IL

The Boulder Group Arranges Sale of an GSA Building in the Chicago MSA Occupied...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Internal Revenue Service (IRS) office building located at 14479 S. John Humphrey Drive in Orland Park, IL for $3,250,000.
NAR

Pam Patenaude Right Choice for HUD Deputy Secretary, Say Realtors®

The U.S. Senate today approved the nomination of Pam Patenaude as deputy secretary at the Department of Housing and Urban Development. Following is a statement from NAR President William E. Brown on the vote
Homeownership a Common Interest

Homeownership a Common Interest, Deserves Protection in Tax Reform Debate

Tax reform done right could yield savings and simplification that benefits average Americans, but history shows that misguided reforms can pose significant threats to the economy. That’s the message the National Association of REALTORS® brought to Congress today as Iona Harrison, chair of NAR’s Federal Taxation Committee
Park House

KTGY Architecture + Planning Receives Two AIA Orange County Design Awards for Residential Planned...

International award-winning firm KTGY Architecture + Planning is pleased to announce that KTGY’s design and planning were honored at the American Institute of Architects Orange County Chapter (AIAOC) 2017 Design Awards last night. The AIAOC Design Awards program recognizes innovative solutions to the complex problems of today’s architectural environment in Orange County or by Orange County architects.
Walgreens Lakemoor IL

The Boulder Group Arranges Sale of Single Tenant Net Leased Walgreens

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 28895 West Highway 120 in Lakemoor, Illinois for $7,250,000.
Jeremy-Crawford

RESO Unveils Real Estate DataComp: $25,000 in Cash Prizes for Tech Start-Ups

The Real Estate Standards Organization, or RESO, has revealed the 2017 RESO DataComp its first-ever data competition sponsored by Realtors Property Resource®, will begin on September 17, at 12:00 a.m. Pacific Time, culminating in live demonstration before a distinguished panel of industry judges from 1:00 p.m. to 4:30 p.m. Pacific Time on October 17 at the Pendry Hotel in San Diego, during the RESO fall conference.
AAP Aurora IL

The Boulder Group Arranges Sale of Single Tenant Net Leased Advance Auto Parts in...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Advance Auto Parts located at 1386 Butterfield Road in Aurora, Illinois for $2,150,000. The Advance Auto Parts property is located just off of the heavily trafficked signalized intersection of Kirk Road and Butterfield Road.
Grunow Medical Center

Meridian Buys Historic Grunow Memorial Medical Center in Phoenix

Meridian, a full-service commercial real estate developer based in California, is pleased to announce the purchase of Grunow Memorial Medical Center, a landmark 51,150-square-foot two-story medical office building located at 926 East McDowell Road in Phoenix, Arizona. The seller was PacVentures, a real estate investment firm based in San Diego, California. Meridian paid nearly $5 million for the 40 percent leased building located near Banner Health University Medical Center’s Phoenix Campus and Phoenix Children’s Hospital. The acquisition of Grunow Memorial Medical Center represents Meridian’s first major transaction outside of California
Bakers Square Willowbrook IL

The Boulder Group Arranges Sale of Single Tenant Net Leased Bakers Square Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Bakers Square Restaurant located at 7409 Kingery Highway in Willowbrook, Illinois for $1,317,000.
Seco Canyon

Hanley Investment Group Represents Buyer & Seller in Sale of CVS/pharmacy-Anchored Shopping Center in...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that President Ed Hanley and Executive Vice President Kevin Fryman represented the buyer and seller in the sale of Seco Canyon Village, a 42,134-square-foot shopping center anchored by CVS/pharmacy located in the Los Angeles metro area. The purchase price was $15,520,000.
NAR

Realtor® Good Neighbor Award Finalists Honored for Their Tireless Efforts to Give Back

The National Association of Realtors® has honored 10 Realtors® as finalists of REALTOR® Magazine’s 2017 Good Neighbor Awards. This award honors Realtors® who make an extraordinary impact on their community through volunteer work.
NAR

With National Flood Insurance Program Expiring Soon, Realtors® Sound the Alarm

The National Flood Insurance Program is now less than one month away from expiration, raising concerns that homeowners, consumers, and commercial property owners could soon find themselves either unprotected or unable to get a mortgage.
Sutter Square

Meridian Buys 174,689 SF Office Building in Concord for $26.2 Million

Meridian, a full-service commercial real estate developer based in California, is pleased to announce the purchase of Sutter Square, a 174,689-square-foot nine-story office building located at 1800 Sutter Street in Concord, California. The seller was the Cranbrook Group of Modesto, California. Meridian paid $26.2 million for the 78 percent leased building located near downtown Concord.
7Eleven Haltom City

The Boulder Group Arranges Sale of Net Lease 7-Eleven Property in Texas

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased 7-Eleven property located at 6001 Airport Freeway in Haltom City, Texas for $2,875,000.

The different types of real estate insurance

Insurance is something that has evolved over the years, to encompass a much larger area. That being said, it has also gotten very specific about what exactly it is that you’re insuring. As for what it means, the definition is in the name. Insurance is something that guarantees you will be reimbursed if something bad happens to whatever it is that you’ve insured.
The Boulder Group

The Boulder Group Publishes Net Lease QSR 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 QSR Market.
LEAP Property Management

15 Must-Have Apps For Real Estate Agents

As a real estate agent, you’re constantly juggling what seems like a million priorities, and it can be easy to become overwhelmed by the sheer amount of THINGS that you need to take care of in your business. But luckily, it’s 2017, and as the saying goes, these days there’s an app for everything - and that includes everything that you need to be successful as a real estate agent.
ATI Ann Arbor

The Boulder Group Arranges Sale of Net Leased ATI Physical Therapy in Ann Arbor,...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant ATI Physical Therapy located at 4765 Jackson Road in Ann Arbor, Michigan for $2,444,760.
Fresenius Chi IL

The Boulder Group Arranges Sale of Net Leased Fresenius Medical Care Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Fresenius Medical Care property located at 3500 W Grand Avenue in Chicago, Illinois for $8,237,000.
Michaels_dusk

Hanley Investment Group Negotiates Sale of Newly-Remodeled Community Shopping Center Adjacent to Galleria at...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that President Ed Hanley and Executive Vice Presidents Bill Asher and Kevin Fryman represented the seller in the sale of Michaels Plaza, a 62,952-square-foot, newly-remodeled regional shopping center anchored by Michaels and located across the street from the 1.2 million square-foot Galleria at Tyler Mall in Riverside, Calif. The sale price was $22,150,000.
LJS Dayton

The Boulder Group Arranges Sale of Net Lease Long John Silvers Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a net leased Long John Silvers & A&W Restaurant property located at 2235 Needmore Road in Dayton, Ohio for $975,000.
Shopko Stanley ND

The Boulder Group Arranges Sale of Single Tenant Net Leased Shopko

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Shopko Hometown property located at 702 Westview Lane in Stanley, North Dakota for $4,850,000.
NARI

Leo Lantz Construction, Inc. is now an Accredited Remodeling Company

The National Association of the Remodeling Industry (NARI) launched an industry-changing Accreditation program. As the first of its kind, the NARI Accredited Remodeling Company (ARC) program was created to support both consumers and remodelers. Consumers desperately need a remodeling contractor they can trust to update their homes. NARI remodelers need a program that supports remodeling companies in the continuous improvement of their business following best practices and elevating the level of professionalism throughout the nation.

Popular Government & Nonprofit Press Releases

Congresswoman Eleanor Holmes Norton

State Department Response to Norton Letter on Run-Down Foreign Government Buildings...

Congresswoman Eleanor Holmes Norton (D-DC), who asked the U.S. State Department to address a growing number of buildings owned by foreign governments in the District of Columbia that have been vacated and fallen into poor condition, released the U.S. State Department Office of Foreign Missions’ (OFM) response to her letter, which shows heightened progress on a number of these properties.

Recent Government & Nonprofit Press Releases

FTC

Court Finds Defendants Lied to Consumers When Selling Legal Services for...

A federal court has found that Jeremy Foti and Charles Marshall, acting through Brookstone Law and Advantis Law, “made numerous false and/or misleading material statements to consumers” when selling legal services for purported mortgage relief.