Property, Rentals, Transactions

Property, Rentals, Transactions
KTGY_Muir Pointe

KTGY-designed Muir Pointe in Hercules Expects to Open Models in Early 2017

International award-winning firm KTGY Architecture + Planning is pleased to announce that Muir Pointe featuring 144 single-family homes within two neighborhoods, The Cove and The Tides, will be the newest residential community to open at the 106-acre Bayside master-planned community in the city of Hercules, Calif. Built by Taylor Morrison, a leading national homebuilder and developer, and designed by KTGY, Muir Pointe’s waterfront location offers easy access to freeways and public transportation and provides a convenient commute to major employment centers in the San Francisco Bay Area. More...

Z Gallerie to Open 225,000 Square-Foot Warehouse in Lithia Springs

JLL announced today it has represented Z Gallerie in its plans to open an east coast distribution and customer service center at Skyview Business Center in Lithia Springs, west of Atlanta. The distribution center is expected to create 115 jobs and be fully operational by 2019. JLL Senior Vice President Steve Grable, SIOR and Executive Vice President Barry Hill represented Z Gallerie in the lease negotiations

Justice Department Reaches Settlement with Duke Energy Corporation for Violating Premerger Notification and Waiting...

The Department of Justice announced today a settlement with Duke Energy Corporation (Duke) for violating the reporting and waiting period requirements of the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act).  The settlement requires Duke to pay $600,000 in civil penalties to resolve the department’s charges that, after agreeing to purchase the Osprey Energy Center (Osprey) from Calpine Corporation, Duke took control of Osprey’s business before filing required HSR Act notifications and waiting for the expiration of the mandatory waiting period for antitrust review.
Preliminary Site

New Owners Unveil Revitalization Plan for East Hills Mall in Bakersfield, Calif.

Local developers C & C Properties, Inc. and MarkChris Investments announced their plans for the revitalization of East Hills Mall in Bakersfield, Calif. The vision is to transform the enclosed mall into an exciting, destination open-air lifestyle center offering a collection of restaurants, shopping and entertainment in 350,000 square feet. A new, state-of-the-art, movie theater complex will serve as the centerpiece of the new development. The redevelopment project is expected to break ground late in the second quarter or early third quarter of this year, and be completed in the third quarter of 2018. More...

FTC Halts Scheme That Advertised Phony Rental Properties and ‘Free’ Credit Reports to Enroll...

The Federal Trade Commission has charged Credit Bureau Center LLC and three individuals with luring consumers with fake rental property ads and deceptive promises of “free” credit reports into signing up for a costly credit monitoring service.
Liz Heitmann-OpesSantaBarbara

Opes Advisors relocates Santa Barbara office

Opes Advisors, a financial services firm with headquarters in Cupertino, California is relocating its Santa Barbara office to a more convenient location in the Presidio Avenue area of downtown at the end of this month. The innovative mortgage lending firm has been helping Santa Barbara-area residents achieve their dream of homeownership since 2014

MEMA Relocates Corporate Headquarters in Research Triangle Park

Motor and Equipment Manufacturer’s Association, the trade association for motor vehicle and mobility suppliers and parts manufacturers and remanufacturers, announced today plans to relocate its corporate headquarters within Research Triangle Park.
Chris Neighbor

SummerHill Housing Group Announces Executive Management Reorganization and Promotions to Support Strategic Growth

SummerHill Housing Group, the umbrella organization for SummerHill Homes, an award-winning residential builder, and SummerHill Apartment Communities, an apartment, mixed-use infill rental housing developer, today announced executive management reorganization and promotions to support the group’s strategic growth. Chris Neighbor, who has been serving as SummerHill Housing Group’s Executive Vice President / Managing Director, has been promoted to the position of Chief Operating Officer of SummerHill Homes.

4 Critical Inspections to Schedule Before Closing on a Home

There are many steps in the home buying process, even after the contract has been signed. Many real estate agents would agree getting a signed contract is only half the battle. Then you have a month or two to get everything lined up and approved before the deed can be transferred

Texan Ben Caballero Named to Two Top Real Estate Influencers Lists

The real estate industry’s leading source of news and analysis named Ben Caballero, the top agent in the nation based on sales and transaction volume, as one of the real estate industry’s most influential leaders for 2017. Addison, Texas-based Caballero also was named a SP2017 Trendsetter, generated by Swanepoel T3 Group, which recognizes “innovators, dealmakers, and movers-and-shakers.”
Barbara Ross

CONIFER WELCOMES NEW VICE PRESIDENT of HUMAN RESOURCES

It is with great honor that we announce the addition of Barbara Ross, Vice President of Human Resources and Employee Development to Conifer. “I have known Barb for many years and have worked alongside of her at another organization,” stated Mark Benotti, Vice President of Shared Services. “She is a true professional and owns a strong record in shaping human resource business strategy, providing Conifer the leadership needed to elevate us to another level.”
Solaira at Pavilion Park

Solaira at Pavilion Park Honored with National Design Award

International award-winning firm KTGY Architecture + Planning is pleased to announce that Solaira at Pavilion Park in Irvine has won the Silver Award for the “Best Senior Housing, Multifamily” in the Best In American Living™ Awards (BALA) by the National Association of Home Builders’ (NAHB).  In its 33rd year, BALA recognizes outstanding achievement by builders and design professionals in all sectors of the residential industry, including single-family production, custom, rental, affordable, interiors, remodeling, community and international
Renwick Congdon

Imprev CEO Joins Seattle Leaders on Top Real Estate List

Renwick Congdon, CEO of Bellevue-based Imprev (www.imprev.com), was named to the Swanepoel Power 200 (SP200), a definitive ranking of residential real estate's 200 most powerful leaders. Renwick joins more than a dozen other Seattle-based leaders, who combined make up 15% of the SP200 list.
Renwick Congdon

Real Estate Leaders Identify Pivotal Business Challenges for 2017

As they grow less confident in the economy, top real estate executives at firms of all sizes find themselves united by a key concern for 2017: Agent recruitment and retention.
Pinnacle-Wakefield Rear Elevation_sm

KTGY Design Wins Platinum at Best In American Living Awards (BALA) for Best Senior...

International award-winning firm KTGY Architecture + Planning is pleased to announce that Toll Brothers and KTGY received top honors at the Best In American Living™ Awards (BALA) gala held at the National Association of Home Builders’ (NAHB) International Builders’ Show (IBS) on January 11, 2017, in Orlando, Florida. The Wakefield plan at Regency at Summerlinin Las Vegas received the highly-coveted Platinum Award for “Best Senior Housing, Single Family.”

Climate-controlled storage facility under construction in Durham, North Carolina

A new climate controlled self-storage facility is under construction at 3302 Petty Rd in Durham, conveniently located to both Duke University and UNC Chapel Hill along Highway 15-501. JLL will oversee the construction of the project for the developer and owner, 3302 Petty Road, LLC. More...
Cleo side

KTGY Designs Win Top Honors at 2017 NAHB Nationals Awards

International award-winning firm KTGY Architecture + Planning is pleased to announce that KTGY’s designs were recognized at the National Sales and Marketing Awards gala (known as The Nationals?), one of the building industry’s most prestigious events. Hosted by the National Association of Home Builders (NAHB) National Sales and Marketing Council, the gala took place on January 10, 2017, in Orlando, Florida, during the 2017 International Builders' Show (IBS). The Nationals? gala celebration draws more than 1,000 attendees who gather for this black-tie event at IBS.

KTGY Designs Win Top Honors at 2017 Best of 55+ Housing Awards

International award-winning firm KTGY Architecture + Planning is pleased to announce that KTGY received top honors at the 2017 Best of 55+ Housing Awards held at the National Association of Home Builders’ (NAHB) International Builders’ Show (IBS) in Orlando, Florida. The awards, presented by NAHB’s 55+ Housing Industry Council, were announced at the event’s 25th Anniversary Awards ceremony held on January 10, 2017.
PNC Bank (GL) Chicago

The Boulder Group Arranges Sale of PNC Bank Ground Lease in the Lincoln Park...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant core located PNC Bank Ground Lease located at 1640 W Fullerton Avenue in Chicago, IL for $6,000,000. The Property is located in the Lincoln Park neighborhood, one of Chicago’s wealthiest and most expensive communities with average single-family home prices of approximately one million dollars
Walgreens Muscatine, IA REP

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 1703 Park Avenue in Muscatine, Iowa for $3,639,000.
2626 Hanover

Meridian Completes $4 Million Repositioning of 12,500 SF General Office Building in Palo Alto,...

With more than 300,000 SF currently in development/redevelopment and another 200,000 SF in the pipeline, Meridian is still aggressively pursuing more value-add general office and medical office building opportunities throughout California. More...
Stevenson Ranch_Ralphs_sm

Hanley Investment Group Concludes 2016 with Sale of 82 Deals, $540 Million for the...

Hanley Investment Group Real Estate Advisors, a nationally-recognized boutique real estate brokerage and advisory firm specializing in the sale of retail properties, announced today the company closed out the year 2016, with the sale of 82 retail properties totaling nearly $540 million.
Artisan Alley_02

KTGY-Designed Artisan Alley Wins Approval from City Council and Planning Commission

International award-winning KTGY Architecture + Planning announced today that Orange County-based Civic Partners, the developer of Artisan Alley at The Diamond, a unique retail development located in western Riverside County in the City of Lake Elsinore, Calif., designed by KTGY, recently received approval from the city council and planning commission. More...

HUD Properties Available for Homeless Services

In accordance with the Stewart B. McKinney Homeless Assistance Act, HUD published a Notice in the Dec. 30, 2016, Federal Register identifying Federal buildings and other real property HUD has reviewed for suitability for use to assist the homeless. The properties were reviewed using information provided to HUD by Federal landholding agencies or by GSA regarding their inventories of excess or surplus property. The list includes buildings and properties in Colorado and Oregon.

FHA Mortgage Insurance Premium Reduction a Fresh Start, Says NAR President Brown

Lower costs are coming for homebuyers seeking a Federal Housing Administration -insured mortgage. FHA announced today that they are cutting annual premiums for mortgage insurance from 0.85 percent to 0.60 percent, a move the National Association of Realtors® said breathes new life into the program.

National REIA Spearheads Landlord Protection Victory in Ohio

Before the Ohio General Assembly adjourned its session last month it handed landlords a big win with the passage of legislation aimed at curbing harassment-for-profit by local fair housing organizations. More...
1000 Marina

Meridian Buys 105,000 SF Office Building in San Mateo County for $29 Million

Meridian, a full-service office property developer in California, is pleased to announce the purchase of 1000 Marina, a six-story 105,000-square-foot office building in San Mateo County, Calif. The seller was TA Associates, a private equity firm based in Boston, Massachusetts. Meridian paid just under $29 million for the 90%-leased building located in the Sierra Point Submarket in the city of Brisbane. The purchase closed in the final week of 2016 and represented Meridian’s second major office transaction in northern California since September when the firm sold The Atrium, a 77,000-square-foot office building in Pleasanton. More...
Bob Evans Port Charlotte, FL

The Boulder Group Arranges Sale of Triple Net Lease Bob Evans Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Bob Evans property located at 105l El Jobean Road in Port Charlotte, Florida for $1,904,000. More...

Governor C.L. “Butch” Otter announced the appointment today of Chris Jensen, manager of the...

The first set of global property ethics principles has been released by the International Ethics Standards (IES) Coalition, a group of more than 100 professional organizations worldwide. The Standards are intended to gui
Dollar General Natchez, LA

The Boulder Group Arranges Sale of Triple Net Leased Dollar General

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Dollar General located at 9443 Highway 1 in Natchez, Louisiana for $1,484,000. More...

Popular

Statement from NAHB Chairman Granger MacDonald on the Supreme Court’s Decision...

NAHB Chairman Granger MacDonald, a builder and developer from Kerrville, Texas, issued the following statement on the Supreme Court's decision to take up the dispute over which lower courts can hear challenges to EPA's rule defining "waters of the U.S." in the Clean Water Act

Recent

HUD ISSUES INTERIM FAIR HOUSING GUIDANCE PENDING ISSUANCE OF FINAL FAIR...

On January 24, HUD published interim guidance on how states should comply with the Affirmatively Furthering Fair Housing (AFFH) rule until HUD finalizes the state Assessment of Fair Housing (AFH) Tool. HUD also provided an update on its efforts to finalize the state Assessment Tool and the other assessment tools it is developing for other HUD program participants.