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Yearly Archives: 2014

Peyton Manning to Headline RE/MAX R4

DENVER - October 8, 2014 - (RealEstateRama) -- Thousands of RE/MAX agents will have the rare opportunity to hear from one of the NFL’s top players at the annual RE/MAX R4 Convention in Las Vegas March 2 - 5, 2015. Denver Broncos quarterback Peyton Manning, the league’s only five-time MVP and a 13-time Pro Bowler, will be the event’s keynote speaker. Manning’s story of hard work and success will inspire and motivate his audience.

Pircher, Nichols & Meeks Announces Hire of Jennifer Alexis Kessler As New Associate

CHICAGO - October 8, 2014 - (RealEstateRama) -- Pircher, Nichols & Meeks, a national real estate law firm with offices in Chicago and Los Angeles, announced Jennifer Alexis Kessler (née Knight) has joined the firm as a new associate in the Chicago office. Kessler has experience in a variety of complex real estate financing transactions as well as a background as a certified public accountant

LUCESCU REALTY Announces Sale of Ventura Village Shopping Center in Ventura, California for $23.25...

NEWPORT BEACH, CALIF. - October 8, 2014 - (RealEstateRama) -- Mark Lucescu, President of LUCESCU REALTY, a market leading investment real estate services firm, announced today the sale of Ventura Village Shopping Center in Ventura, California, for $23.25 million. LUCESCU REALTY exclusively represented the interests of the seller, Regency Centers, a publicly-traded real estate investment trust, headquartered in Jacksonville, Florida. With more than 50 years of experience, Regency is the preeminent national owner, operator and developer of high-quality, grocery-anchored neighborhood and community shopping centers. The Company’s portfolio of 328 retail properties encompasses over 43.8 million square feet located in top markets throughout the United States. In addition to representing Regency Centers in the sale, LUCESCU REALTY also procured the buyer, a private company.

CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of Northern California Neighborhood Center

FOLSOM, CALIF. - October 8, 2014 - (RealEstateRama) -- CBRE Senior Vice President Philip D. Voorhees announced today that he and the National Retail Investment Group – West (NRIG-West) team completed the sale of Commonwealth Square, a 141,310-square-foot community shopping center in the city of Folsom, Calif., anchored by a Raley’s Fine Markets, along with a complementary mix of pad and shop tenants including Starbucks, Smash Burger, Heritage Community Credit Union and H&R Block. The sale price was $19.4 million. The property was approximately 85% occupied at the time of sale

Justice Department Announces Fair Housing Settlement with Montana Builder and Engineer

WASHINGTON, D.C. - October 7, 2014 - (RealEstateRama) -- The Justice Department announced today that a Montana builder, Gabriel Nistler, and an engineer, Derek Brown, have agreed to pay over $26,000 and remove accessibility barriers at three apartment buildings in Helena, Montana, in order to settle a lawsuit alleging that they had violated the Fair Housing Act.

Reverse Market Index Highest Level Since 2007

WASHINGTON, D.C. - October 7, 2014 - (RealEstateRama) -- The NRMLA/RiskSpan Reverse Mortgage Market Index (RMMI), a quarterly measure that analyzes trends in home values, home equity, and mortgage debt held by homeowners 62 and older, reached 178.91 during the second quarter of 2014, its highest level since Q4 2007

CBRE ARRANGES SALE OF WEST MELBOURNE SHOPPING CENTER

Miami, FL - October 7, 2014 - (RealEstateRama) -- CBRE arranged the sale of a 144,399 square-foot retail center directly opposite the Melbourne Square Mall in West Melbourne, FL. The Shoppes at West Melbourne, anchored by national retailers such as Jo-Ann Fabrics, Bed Bath & Beyond, Party City, and Office Depot, was acquired from a private equity firm by American Realty Capital – Retail Centers of America, Inc

Regional experts join Neighborhood Housing Services of Los Angeles County and local residents to...

Los Angeles, CA - October 7, 2014 - (RealEstateRama) -- On October 11th hundreds of Angeleno’s will come together to engage in workshops and seminars to learn about how they can contribute to making neighborhoods in the region more healthy and sustainable places for the purposes of enhancing the quality of life for residents. This all-day, family-friendly symposium will explore the emerging role of resilient and sustainable communities, healthy neighborhoods, transportation, education, green development, and financial empowerment within the region. The symposium will feature workshops, on-site cooking demonstrations, vendor booths, high profile experts, and national speakers like Urban Gardening activist, Ron Finley and others

SummerHill Apartment Communities to Celebrate Groundbreaking of 186-unit Villas on the Boulevard in Santa...

IRVINE, Calif. - October 7, 2014 - (RealEstateRama) -- Award-winning national architecture and planning firm KTGY Group, Inc. and 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, announce the groundbreaking of "Villas on the Boulevard," a new 186-unit luxury residential rental community in the City of Santa Clara, Calif. The groundbreaking ceremony will be held on Wednesday, October 8th at 4:00 p.m. The property is located on 2611 El Camino Real in Santa Clara, Calif., between Bowers Avenue and San Tomas Expressway, along Saratoga Creek.

Shark Tank’s Barbara Corcoran films commercial endorsing Tampa’s top real estate team

TAMPA, FL - October 6, 2014 - (RealEstateRama) -- Tune in to Shark Tank on ABC and CNBC this season to see Andrew and Angela Duncan of The Duncan Duo with RE/MAX Dynamic, side-by-side with real estate magnate Barbara Corcoran. The endorsement commercial will air during Shark Tank and other TV shows starting next week.

CBRE TAMPA WELCOMES NEW RETAIL MARKET SPECIALIST

Tampa, FL - October 6, 2014 - (RealEstateRama) -- CBRE is pleased to announce the addition of Paul Rutledge, First Vice President, to CBRE’s retail brokerage group in Tampa. In this role, Mr. Rutledge, most recently at Casto Southeast Realty Services, will specialize in representing institutional quality owners, occupiers of retail real estate, as well as developments.

Ann Arbor Realtor Kathy Toth Among Breast Cancer Survivor Honorees

WASHINGTON, D.C. - October 6, 2014 - (RealEstateRama) -- NFL pre-game Pink Ribbon Ceremony at Ford Field will recognize 62 breast cancer survivors; event part of breast cancer awareness campaign Kathy Toth will be among 62 women who will be honored during a Pink Ribbon Ceremony on Ford Field on October 5, prior to the start of the Detroit Lions game. The ceremony is part of the Detroit Lions breast cancer awareness campaign, in partnership with the National Football League and the American Cancer Society.

Kathy Toth Co-Chairs Breast Cancer Charity Events

WASHINGTON, D.C. - October 3, 2014 - (RealEstateRama) -- Kathy Toth is best known as a prominent Ann Arbor Realtor, but she is also a breast cancer survivor who has endured the trials of the disease and the rigors of its treatment. For this reason, Toth takes the fight against breast cancer personally.

HOMES FOR HEROES® EXPANDS INTO GEORGIA

Atlanta, Georgia, - October 3, 2014 - (RealEstateRama) -- Homes for Heroes®, a program that offers large savings to local heroes when buying or selling a home, celebrates its 13th year of bringing savings to everyday heroes by recently expanding into the Atlanta, Georgia market. The newest market affiliates, TheMary Ellen Vanaken Team of Keller Williams Realty North Atlanta, lender affiliate Lisa Bell of Brand Mortgage, and attorney affiliate Patrick Geheren of The Geheren Firm PC are proud to announce their new partnership with Homes for Heroes.

NADEL-DESIGNED SHOPPING VILLAGE NOW OPEN IN LAGUNA HILLS

LAGUNA HILLS, Calif. - October 2, 2014 - (RealEstateRama) -- The Village at Nellie Gail Ranch (The Village), a shopping center located at the intersection of Moulton Parkway and La Paz Road in Laguna Hills, California, is now open to local shoppers after a $17 million extensive remodel and expansion by Nadel, incorporating 28,000 additional square feet of retail space. The Village was originally built in the 1980s and now includes approximately 88,000 square feet of retail

RE/MAX Ranks as #1 Real Estate Franchise

DENVER - October 2, 2014 - (RealEstateRama) -- For the sixth consecutive year, RE/MAX, LLC ranked as the leading real estate franchise in the 2014 Franchise Times Top 200. The exhaustive annual survey is based upon 2013 worldwide sales and growth and includes franchisors from a wide variety of business sectors

Pending Home Sales Fall Slightly in August

WASHINGTON - October 2, 2014 - (RealEstateRama) -- Pending home sales slowed modestly in August but contract signings remain at their second-highest level over the past year, according to the National Association of Realtors®. All major regions experienced declines except for the West, which rose for the fourth consecutive month

2014 Realtor® Good Neighbor Award Winners Improve Lives, Communities

WASHINGTON - October 2, 2014 - (RealEstateRama) -- For the past 15 years, the Good Neighbor Awards program has honored Realtors® who volunteer their time and energy to help strengthen their communities and better the lives of their neighbors. The five individuals recognized as this year’s REALTOR® Magazine Good Neighbor Awards winners exemplify Realtors®’ commitment to serving their communities and helping the underprivileged

VA Awards SSVF Surge Funding to 56 Communities

WASHINGTON, D.C. - October 1, 2014 - (RealEstateRama) -- The National Coalition for Homeless Veterans (NCHV) is encouraged by today’s announcement by the Department of Veterans Affairs (VA) that it has awarded $207 million in grants to nonprofit organizations across the country to assist them in their local push to end veteran homelessness. Today’s awards have been directed to 82 programs in 56 communities across the country that the VA has determined have the most acute need for more rapid re-housing and homelessness prevention funding. This funding is part of a “surge” to communities with the highest need to help meet the national goal of ending veteran homelessness by 2015.

CBRE ARRANGES SALE OF NEW CONSTRUCTION DORAL INDUSTRIAL FACILITY

Miami, FL - October 1, 2014 - (RealEstateRama) -- CBRE arranged the sale of a 32,000-square-foot new construction warehouse at 2132 NW 114th Ave. in Doral, FL. The free-standing property located in Dolphin Commerce Center, was acquired by EdgeConneX, a new-to-market firm, from a private developer, PFR Investments LLC .

Business Real Estate Press Releases

Congrats-FS

Form Simplicity earns top real estate honors

Form Simplicity, one of the real estate industry’s most trusted and widely used transaction management solutions owned by the Florida Realtors, was selected for the 2025 Tech 200. Released by leading real estate consultancy T3 Sixty, the 2025 Tech 200