Archives
Developing Leaders: Apply for Annual Honor
NAIOP is proud to announce the tenth annual Developing Leaders Award, honoring up-and-coming commercial real estate professionals, 35 years of age and under, for their valued contribution and commitment to the industry. The 2015 Developing Leaders Award will be presented to recipients who have shown exemplary achievements and demonstrated outstanding professional accomplishments in the commercial real estate industry.
Asian Investors Set to Change U.S. Urban Landscapes
Vertical campuses will transform U.S. cities, according to many presenters at the Asian Real Estate Association of America’s 2015 Global & Luxury Summit, April 19-21, in Chicago. The confluence of wealthy Asian investors and millennial preferences for living where they can walk to work, to schools and libraries, shopping centers, and entertainment is setting the stage for these revitalizations of downtowns
NAS Salvages Commercial Real Estate Property Investment, Preserves 1031 Exchange for Investors
National Asset Services (NAS), one of the Country’s leading commercial real estate companies, has once again delivered positive results to a group of tenant-in-common co-owners, who were facing limited options and a liquidity event that could not be met
NAI Capital Announces CEO Tim Foutz was Voted onto the Board of Directors Along...
NAI Capital today announced that NAI Capital's CEO, Tim Foutz, was voted onto to the NAI Capital Board of Directors. Tim Foutz was named CEO of NAI Capital in March, 2015 and will join the five member board.
Second Century Ventures Announces 2015 REach® Accelerator Class
The National Association of Realtors®’ strategic investment arm, Second Century Ventures, has unveiled the seven organizations chosen for the 2015 class of REach®, a growth technology accelerator program. The 2015 class officially kicks off this week.
Millenia Commercial Real Estate’s Eric Ramirez RECEIVES 2014 COSTAR POWER BROKER AWARD
Millenia Commercial Real Estate is pleased to announce that Mr. Eric J. Ramirez has been named a 2014 CoStar Power Broker TM by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. This annual industry award recognizes distinguished professionals in commercial real estate brokerage by highlighting the achievements of the firms and individual brokers who closed the highest transaction volumes in commercial property sales or leases in 2014 within their respective markets
BOMA INTERNATIONAL’S TOP SEVEN STRATEGIES FOR TAKING THE LEAD ON EARTH DAY
In keeping with the Earth Day 2015 theme of "It's Our Turn to Lead," the Building Owners and Managers Association (BOMA) International has issued its "Top Seven Strategies" commercial real estate professionals can implement in their buildings to become sustainability leaders in their communities. With energy use in commercial buildings accounting for nearly 20 percent of U.S. greenhouse gas emissions, BOMA has committed to helping its members and the industry as a whole improve energy management and sustainability practices.
Stiles Realty Brokers $21 Million Sale of Former BankAtlantic Headquarters in Fort Lauderdale
Stiles Realty, a division of Fort Lauderdale-based full-service commercial real estate developer Stiles, announced today the sale of the former BankAtlantic headquarters located at 2100 West Cypress Creek Road in Fort Lauderdale. The $21 million sales price equates to $113.51 per square foot.
Realtors® Call on Congress to Ease Regulatory Burdens Curbing Access to Mortgage Credit
Unnecessary regulatory burdens are preventing qualified, credit-worthy borrowers from obtaining the American Dream of homeownership. That’s according to testimony today from the National Association of Realtors® before the U.S. Senate Banking, Housing and Urban Affairs Committee.
REALTOR Top-Level Domains Will Soon be Available to Realtor® Associations and Brokerages
NAR was one of the first associations approved to offer a top-level domain and among the first in the real estate industry to commit to this new technology. Since the .REALTOR top-level domain became available to NAR members in October 2014, more than 95,000 domains have been claimed
Realtors® Applaud House Passage of Mortgage Choice Act
The following is a statement by National Association of Realtors® President Chris Polychron, executive broker with 1st Choice Realty in Hot Springs, Ark., in support of legislation to ease regulatory burdens on mortgage lending:
The Boulder Group Arranges Sale of Single Tenant Net Leased Citibank in the Chicago...
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Citibank retail condominium located at 136 North York Road in Elmhurst, IL for $3,118,500.
CCIM Attracts Stellar Industry Partners
Eight leading companies in commercial real estate, CRE legal, and CRE lending have signed on as the 2015 Industry Partners for the CCIM Institute, a global commercial real estate affiliate of the National Association of Realtors. These luminaries in the field include GE Capital, KW Commercial, Realty Mogul, Sperry Van Ness, Century 21, NAI Global, GRANITE, and Syndication Lawyers.com Trowbridge Taylor Sidoti
Mortgage Bankers’ Commercial/Multifamily Originations Rise to $400 Billion in 2014
Commercial and multifamily mortgage bankers closed $399.8 billion of loans in 2014, according to the Mortgage Bankers Association's (MBA) 2014 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation
SVN-MILLER PRESENTS REAL ESTATE BEAUTIFICATION AWARD AT SALISBURY AREA CHAMBER OF COMMERCE AWARDS BANQUET
Sperry Van Ness – Miller Commercial Real Estate sponsored the Real Estate Beautification Award at the Salisbury Area Chamber of Commerce Annual Awards Banquet on March 12, 2015. The awards banquet, which was held at Green Hill Country Club in Quantico, MD, recognizes outstanding chamber members and organizations and was emceed by SVN-Miller Senior Advisor John McClellan.
Stiles Announces Executive Leadership Succession Plan Slated to Begin within 24 Months
Stiles, a Fort Lauderdale-based full service real estate development firm established in 1951, announced today important developments in the company’s leadership succession plan. The succession of two key roles, CEO and president, will occur within the next 24 months
CBRE ARRANGES $63M+ LOAN FOR ACQUISITION OF OFFICE BUILDING AT HEART OF NATION’S...
CBRE Capital Markets’ Debt & Structured Finance team originated $63.56 million in financing for the acquisition of a 195,624-square-foot office building at 2025 M Street in the heart of Washington, D.C. RAIT Financial Trust of Philadelphia, Pennsylvania, provided the 10-year loan at an aggressive rate with three years interest only
BOMA ASKS COMMERCIAL REAL ESTATE TO “TURN OFF THE LIGHTS” IN SUPPORT OF EARTH...
The Building Owners and Managers Association (BOMA) International is encouraging the commercial real estate industry to participate in the World Wildlife Fund’s (WWF) Earth Hour 2015. To take part in the annual initiative, WWF asks individuals, businesses, organizations and governments around the world to turn off all non-essential lighting for one hour at 8:30pm local time on Saturday, March 28, 2015. The aim of Earth Hour is to visibly demonstrate a dedication to creating a sustainable future for the planet, and it provides commercial building owners and managers a prime opportunity to showcase their commitment to energy conservation
RISE UP COFFEE ROASTERS PURCHASES VIVA ESPRESSO
Bradley Gillis, CCIM, Senior Advisor with Sperry Van Ness – Miller Commercial Real Estate facilitated the deal for Rise Up Coffee Roasters to purchase the Viva Espresso located at 105A East College Avenue in Salisbury, MD. Viva Espresso owners Chuck and Nancy Dix are retiring but stated, “We thank all of our loyal customers, especially our daily patrons, for their support of us and our products
DCBIA EVALUATES NEW INTERNATIONAL PROPERTY MEASUREMENT STANDARD
An idea that has the opportunity to bring greater efficiency and transparency to international real estate transactions is coming full circle, back to its roots in Washington, DC. The concept for the International Property Measurement Standards (IPMS) was envisioned in a set of meetings held in Washington, DC in 2013. For two years, a coalition of 61 professional and not-for-profit organizations has been working to create standard methodologies for measuring real estate






