Yearly Archives: 2014

FRISCO, Texas - August 7, 2014 - (RealEstateRama) -- Today marks the beginning of Wade Park, a major mixed-use destination center in Frisco. Community leaders and partners joined developer Thomas Land & Development (TLD) in breaking ground on the newly expanded 175-acre project, conveniently located along the Dallas North Tollway. Plans for Wade Park feature an unparalleled blend of upscale retail, dining, entertainment, hotels, commercial office space, and residential housing. TLD announced that plans are also in the works for a community event that will offer a “first taste” of Wade Park restaurants and venues.

Miami Beach, FL - August 7, 2014 - (RealEstateRama) -- CBRE arranged the portfolio sale of 25 apartment units on South Beach to James USA Capital, LLC, of Hallandale Beach, FL. The buyer purchased 13 units at 511-515 16th Street and 12 units at 1414 Euclid Avenue, two separately owned properties in Miami Beach, Florida, for a total of $3,550,000, or $142,000 per unit. CBRE represented the sellers in the transaction.

Quogue, NY - August 7, 2014 - (RealEstateRama) -- Luxury real estate firm Brown Harris Stevens, the exclusive affiliate of Christie’s International Real Estate, is pleased to announce that Hi Dune, a unique 2.4-acre ocean and bay front compound in Quogue that was listed at $13,900,000 has just sold. Brown Harris Stevens’ associate broker Marcia Altman in the Westhampton Beach office was the exclusive listing agent.

IRVINE, CALIF. - August 7, 2014 - (RealEstateRama) -- Award-winning national firm KTGY Group, Inc., Architecture + Planning, is pleased to announce that Elysian at The District, a luxurious 360-unit rental community in Henderson, Nev., developed by The Calida Group of Las Vegas, is under construction. Designed by KTGY, the 18.95-acre new development is located off I-215 and South Green Valley Parkway, anchoring The District at Green Valley Ranch, where residents can take full advantage of one of the most dynamic retail, dining and entertainment districts in Las Vegas, according to KTGY Associate Principal Bill Ramsey.

Tampa, FL - August 6, 2014 - (RealEstateRama) -- CBRE arranged the retention of an aerospace and national security contractor as a major tenant at the Kennedy Center in Tampa. Under the agreement, L-3 Communications will continue to lease 23,122 square feet from Realty Equity Partner, Inc., at 5100 West Kennedy Blvd., while retaining prominent building signage rights in Tampa’s Westshore business district

WASHINGTON - August 6, 2014 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) today announced $7 million to 24 local public housing agencies across the country to help nearly 1,000 homeless Veterans find permanent housing.

ENCINO, CA - August 6, 2014 - (RealEstateRama) -- Jeremy Barbakow, SVP with the Encino office who specializes in medical office leasing in the San Fernando Valley, represented landlords and tenants in the leasing of seven medical offices in Encino, six of which were on Ventura Boulevard. Noteworthy transactions include a secondary location for the Kagan Eye Institute, a start-up surgical center, a new pediatric dental office, and a consolidation of offices for Cardiovascular Consultants Medical Group. The total lease transaction value was approximately was $5.8 million

Orlando, FL - August 6, 2014 - (RealEstateRama) -- CBRE arranged the sale of the Villages Portfolio, three apartment properties totaling 710 units in Central Florida. The portfolio includes Village at East Lake, in Clermont; Village at Lake Ned, in Winter Haven; and Village at Park Road, in Plant City. Philadelphia-based Equus Holdings acquired the properties from a partnership between Alex. Brown Realty of Baltimore, MD, and Oculus Development of Chicago for $62 million. CBRE exclusively represented the seller in the transaction, and also provided the financing for the buyer through Fannie Mae

WASHINGTON, D.C. - August 5, 2014 - (RealEstateRama) -- The modular apartment building, "The Stack" at 4857 Broadway, NY, is recognized as a potential solution for affordable housing in NYC.

WASHINGTON, D.C. - August 5, 2014 - (RealEstateRama) -- Associated Builders and Contractors (ABC) Chief Economist Anirban Basu, American Institute of Architects (AIA) Chief Economist Kermit Baker and National Association of Home Builders (NAHB) Chief Economist David Crowe provided a collaborative economic forecast today combining their expert economic analysis on leading, present and lagging economic indicators.

WASHINGTON, D.C. - August 5, 2014 - (RealEstateRama) -- Each $1,000 increase in the cost of a new median-priced home price forces 206,000 prospective buyers out of the marketplace, according to a new study by the National Association of Home Builders (NAHB).

WASHINGTON, D.C. - August 5, 2014 - (RealEstateRama) -- The National Association of Home Builders (NAHB) is now accepting applications for the 2014 NAHB/Builders Mutual Insurance Company Safety Award For Excellence (SAFE). This awards program recognizes the achievements of builders and trade contractors who have developed and implemented high quality construction safety programs, and honors government officials and NAHB-affiliated associations and student chapters that have made successful efforts to advance safety in the home building industry.

DENVER - August 5, 2014 - (RealEstateRama) -- RE/MAX agents dominated the inaugural REAL Trends’ “Canada’s Best Real Estate Agents,” making up 82% of the top-performing agents included in the ranking.

IRVINE, CALIF. - August 4, 2014 - (RealEstateRama) -- Award-winning national firm KTGY Group, Inc., Architecture + Planning, is pleased to announce the grand opening of Belmar Apartments in Santa Monica, Calif. Developed by Related Companies, a privately-held real estate firm based in New York, in partnership with the City of Santa Monica and Community Corporation of Santa Monica, Belmar features 160 affordable rental residences at 1725 Ocean Avenue, as part of Related Companies' $350 million Ocean Avenue South mixed-use mixed-income condominium/apartment village on Ocean Avenue and Olympic Drive

WASHINGTON, D.C. - August 4, 2014 - (RealEstateRama) -- Each $1,000 increase in the cost of a new median-priced home price forces 206,000 prospective buyers out of the marketplace, according to a new study by the National Association of Home Builders (NAHB).

WASHINGTON, D.C. - August 4, 2014 - (RealEstateRama) -- Homeless veteran service providers, especially HVRP grantees and SSVF grantees with employment personnel, recognize the critical connection between a viable income and housing stability. Homeless veterans may be rapidly connected to housing, but they are better able to stay in housing when they are earning a livable wage. While placement in competitive employment may be the ultimate goal, service providers can utilize benefits payments to help homeless veterans find stability while they are seeking and even after obtaining employment

Fort Lauderdale, FL - August 4, 2014 - (RealEstateRama) -- CBRE is officially the City of Fort Lauderdale’s new real estate advisor. On June 23, 2014, following a competitive procurement process, the City Commission approved a contract to hire CBRE as the City’s real estate services and transaction provider for one year with three possible one-year extensions commencing July 2014. The firm’s mandate is to reduce the City’s operating real estate expenses, align real estate operations with the services provided to citizens, monetize underutilized real estate assets and dispose of surplus assets.

IRVINE, CA - August 4, 2014 - (RealEstateRama) -- NAI Capital Orange County has expanded their ground floor offices at Main Plaza located at 1920 Main Street in Irvine, CA 92614. The expansion is due to the addition of Chris Arvizu and the Multi-Family Services Group as well as the dramatic growth of their NAI Capital Property Management Services operation.

WASHINGTON, D.C. - August 1, 2014 - (RealEstateRama) --From multimillion dollar construction projects to adding a room on a single-family home, submitting building plans to LA County Public Works is now just a click away.