Business

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a newly constructed single tenant net leased O’Reilly Auto Parts store located at 5618 Treaschwig Road in Spring, Texas for $1,383,964.

Jeffrey A. Moerdler, head of the real estate and communications practices in the New York office of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., will moderate the keynote presentation at the 3rd Annual EisnerAmper Real Estate Private Equity Summit. The summit is taking place September 30 at the New World Stages in New York City.

Big Data is reshaping the real estate industry, and for industry professionals the change is so good. Real estate agents are seeing dollar signs again; finally, for the first measurable way since the housing bubble burst in 2008. The market is recovering and optimism is on the rise, and it has a lot to do with Big Data.

Sotheby’s International Realty today released its August 2015 Greater Los Angeles Market Update which showed the Beverly Hills market ranking with the highest percent increase of luxury homes sold year over year during June-August 2015 across the leading 33 Greater Los Angeles markets. Two submarkets in particular made the top five for the June-August 2015 report: Beverly Hills Post Office with an 85 percent increase and Beverly Hills proper with an 83 percent increase in single-family luxury home sales ($3 million and higher) as compared to the same time period last year.

On Monday, September 21, 2015, the City of Hayward celebrated the groundbreaking of three new residential communities on the site of the former South Hayward BART overflow parking lots. Eden Housing is the developer of two affordable communities located off of Mission Boulevard that will provide in total 151 affordable apartments near the South Hayward BART station. AMCAL Equities is the developer of a market-rate community of 206 luxury apartments off of Dixon Street adjacent to the BART station.

MG Properties Group, a private San Diego-based real estate investor and operator, has announced the acquisition of two multifamily properties encompassing 722 units in the largest multihousing bulk transaction in the history of Reno, Nevada.

When 2,000 Hispanic real estate agents from around the country meet in Chicago next week, they will hear the views of industry trailblazer Dave Liniger, RE/MAX CEO. He is the featured speaker during Monday’s Keynote Luncheon at the annual conference of the National Association of Hispanic Real Estate Professionals (NAHREP). The industry association has 20,000 members and was founded in 1999.

Hayden House Tempe, LLC, a partnership between San Diego-based Douglas Wilson Companies (“DWC”) and Hensel Phelps Development LLC, a subsidiary of Hensel Phelps based in Greeley, CO, announced they have signed a Hotel Operating Agreement with Kimpton Hotel & Restaurants to manage a new, luxury boutique hotel at One | Hundred | Mill in Tempe, Ariz.

Broker Public Portal LLC Chairman, Merle Whitehead released this update following the September 9th meeting of the Board of Managers: “As the momentum continues, I am pleased to provide this update on the development of the broker public portal project to our many supporters. In keeping with good practice, it is helpful to restate the rationale and goal of the project

Combining the cumulative expertise they have garnered through decades in the residential and commercial real estate industries, respectively, real estate powerhouses Esther Muller and Faith Hope Consolo have formed a strategic alliance to help business newcomers and seasoned veterans take their success to the next level.

Hanley Investment Group, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that in separate transactions the company negotiated the sale of two shopping centers owned by Cincinnati, Ohio-based institutional investment firm Phillips Edison & Company.

Lila Delman Real Estate International, the source for exceptional real estate, reports the sale of 692 Bellevue Avenue in Newport. The luxury residence sold for US $2,500,000. Cynthia Morretti of Lila Delman Real Estate International represented the buyers in the transaction

In a riveting business memoir that chronicles the radical innovation and entrepreneurial drive it took to bring a fresh mindset to a tradition-bound business, William M. "Bill" Raveis, Jr., chairman and CEO of William Raveis Real Estate, Mortgage & Insurance (www.raveis.com), the largest family owned real estate brokerage company in the Northeast, has published The Way of the Entrepreneur: Lessons from the Journey to Build a Family-Owned Business Empire.

Global real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced that the company will pay a dividend of $0.12 per share to common shareholders of record as of September 30, 2015 with a payment date of October 8, 2015. The quarterly payment equates to an annual dividend of $0.48 per common share.

PowerStone Property Management Inc. a full service Orange County, California based property management firm, today announced that it has expanded its full service office in North Orange County. The space has increased from 800 to over 2000 square feet. The number of workstations increases from two to nine. The office is located at 505 South Villa Real Drive in the City of Anaheim Hills. “We opened the office almost two years ago to better serve our North Orange County clients.

Global consumer electronics industry has been witnessing rapid growth over the past few years. Digital revolution, higher per capita incomes, coupled with the thirst among people to remain tech savvy, has propelled new developments in the industry. Manufacturers are increasingly introducing innovative products in order to provoke impulsive buying among the consumers.

Body Kathy Toth and Team REALTORS® announced the addition of a new member, John Lachman, to the Ann Arbor Area Real Estate Experts Team.? “John's 20 plus years in sales and marketing both at the corporate level and as an entrepreneur provide him the foundation for providing exceptional customer service to his clients and made him a great fit for our organization at Keller Williams.”, Toth said. A graduate of Ferris State University and life long Michigan resident, John has spent 15

Pat Hoffman, assistant vice president of operations. Hoffman was appointed to this newly created position to assist the COO in identifying and executing on a number of strategic operational initiatives. Prior to joining Safeguard, Hoffman served as director of operations at Capstone Logistics in Norcross, Ga., for 11 years where he managed multiple accounts providing third-party warehouse services to the leading wholesale and retail grocery and foodservice providers

Turner Construction Company is pleased to announce that Engineering News-Record’s annual Green Sourcebook recognizes Turner as the number one green builder in the country, performing more than $5.4 billion in green work in 2014. This figure represents the efforts of approximately 20,000 workers completing more than $100 million in sustainable construction every week.