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Yearly Archives: 2015

NAI Capital Represents Both Sides in Sale and Purchase of Boutique Retail Center in...

AGOURA HILLS, CA - January 21, 2015 - (RealEstateRama) -- From NAI Capital’s Westlake Village office, Ken Simons represented the seller, Agoura Hills Shopping Center Capital LLC, and Rod Delson, represented the buyer, GJD Holdings, LP, in the sale and purchase of a boutique retail shopping center located at 29020 Agoura Road in Agoura Hills, CA. The value of the sales transaction was $5,650,000 Million

Commercial Real Estate Industry Hoping President Will Push for Infrastructure Investment, Growth Policies in...

WASHINGTON, D.C. - January 21, 2015 - (RealEstateRama) -- In preparation for President Obama’s State of the Union Address on Tuesday evening, Thomas J. Bisacquino, President and CEO of NAIOP, the Commercial Real Estate Development Association, today released the following statement

Give NAIOP Five: Video News Update

WASHINGTON, D.C. - January 21, 2015 - (RealEstateRama) -- Tune in to Give NAIOP Five — a video news update on what's happening in NAIOP and commercial real estate. Spend a few minutes hearing about legislative successes, the Research Foundation's newest reports, and the 2015 slate of conferences and events, including the new O.CON: The Office Conference and courses offered on-demand.

CBRE CAPITAL MARKETS ARRANGES $66.25 MILLION SALE OF LUXURY APARTMENT COMMUNITY IN LAKE MARY,...

Orlando, FL - January 21, 2015 - (RealEstateRama) -- CBRE Capital Markets arranged the sale of Sun Lake Apartment Homes, a 600-unit luxury apartment community in Lake Mary, Florida to Ecoventures Capital Fund, LLC for $66.25 million. Located at 420 Sun Lake Circle, the transaction is the second largest apartment complex sale in Greater Orlando in 2014

Man Found Guilty Of Killing Homeless Former Baseball Player

WASHINGTON, D.C. - January 20, 2015 - (RealEstateRama) -- A 33-year-old transient was found guilty today of killing a former professional baseball player in downtown Los Angeles last year, the Los Angeles County District Attorney’s Office announced.

HUD Secretary Julián Castro to Answer Housing Questions in Live Fireside Chat

WASHINGTON, D.C. - January 20, 2015 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Julián Castro will join Zillow’s Chief Economist Stan Humphries for a fireside chat on Wednesday, January 21st at 9:15 a.m. EST at the Newseum in Washington, D.C. As part of Zillow’s Housing Roadmap series, Secretary Castro will take questions from a live audience as well as the social media community using the #HousinginAmerica(link is external) hashtag.

NEW BUILD AMERICA INVESTMENTS INITIATIVES WILL BOOST ECONOMY, HELP REBUILD AGING INFRASTRUCTURE, CONSTRUCTION OFFICIAL...

WASHINGTON, D.C. - January 20, 2015 - (RealEstateRama) -- The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement in response to today's announcement of new Build America Investment Initiatives By President Obama

Jamestown Home on Scarlet Drive in Alpharetta Sold by The Mary Ellen Vanaken Team

WASHINGTON, D.C. - January 20, 2015 - (RealEstateRama) -- This home on Scarlet Drive sold for $353,615 which was over $10,000 more than the listing price. The Mary Ellen Vanaken Team real estate agents were excited to help the new homeowners purchase this property in the sought after community of Jamestown

Four National Banks to Pay $2.7 Million to Massachusetts Over Unlawful Foreclosures

BOSTON - January 20, 2015 - (RealEstateRama) -- Four national banks agreed to pay a total of $2.7 million and undertake obligations to facilitate the repair of defective property titles, resolving claims that they unlawfully foreclosed on properties in Massachusetts when they did not hold the mortgages, Attorney General Martha Coakley announced today

CBRE ARRANGES SALE OF CANYON RANCH HOTEL AND SPA

Miami Beach, FL - January 20, 2015 - (RealEstateRama) -- CBRE Hotels and CBRE Capital Markets, Multifamily have arranged the marketing and sale through bankruptcy auction of the Canyon Ranch Hotel and Spa at 6801 Collins Avenue in Miami Beach, FL. Private equity firm Z Capital Partners, LLC was approved by the United States Bankruptcy Court Southern District of New York as the successful bidder in the auction process. Z Capital, which acquired the property for $21.6 million, intends to transform it into a new five-star hotel venture called the Carillon Hotel and Spa.

FOX BUSINESS NEWS’ MONEY WITH MELISSA FRANCIS GETS ITS GAS TAX SCOOP WRONG: MUSEUMS...

WASHINGTON, D.C. - January 20, 2015 - (RealEstateRama) -- Fox Business News' Money with Melissa Francis erroneously reported that federal gas taxes can be used to finance the construction of museums and other non-transportation projects, officials with the Associated General Contractors noted in a letter sent to the show?s host today. Association officials added that the error is significant because it incorrectly leaves viewers with the impression that some portion of the federal gas taxes they pay are being wasted on projects that do nothing to improve the safety and reliability of their commutes, when in fact the opposite is true

Year End Home Sales Bounce Back

WASHINGTON, D.C. - January 20, 2015 - (RealEstateRama) -- The following is an excerpt from the monthly RE/MAX National Housing Report (full report attached and also available on www.remax.com/newsroom). For more information, contact Shaun White at (303) 796-3405.

SR COMMERCIAL ACQUIRES FIVE BUILDING MULTI-TENANT INDUSTRIAL PARK IN OCEANSIDE, CALIFORNIA

SAN DIEGO, California, - January 20, 2015 - (RealEstateRama) -- SR Commercial has acquired the Oceanside Commerce Center, a five building, multi-tenant industrial park encompassing over 70,000 square feet, for total consideration of $7.5 million.

HUD AWARDS CHOICE NEIGHBORHOOD GRANTS IN SIX CITIES

WASHINGTON - January 19, 2015 - (RealEstateRama) -- Building on a commitment to help local communities redevelop distressed public or assisted housing and transform neighborhoods, U.S. Housing and Urban Development (HUD) Secretary Julián Castro announced seven new Choice Neighborhoods Planning Grant awards. These awards will help grantees craft comprehensive, locally driven plans to revitalize and transform distressed neighborhoods

California’s housing market returning to normalcy as year ends

LOS ANGELES - January 19, 2015 - (RealEstateRama) -- California’s regional housing markets ended the year with mixed results as statewide home sales inched up from a year ago for the first time in nearly a year and a half, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today

RE/MAX Again Ranked #1 Real Estate Franchise

DENVER - January 19, 2015 - (RealEstateRama) -- RE/MAX, the #1 name in real estate, holds the top position for a third consecutive year among real estate brands in the prestigious 36th annual 2015 Franchise 500® survey by Entrepreneur magazine. This year’s ranking also marks the 12th time in 16 years that RE/MAX has been listed as the top franchisor in the real estate category

Gov. Rick Snyder issues executive order to reduce homelessness in Michigan

LANSING, Mich. - January 19, 2015 - (RealEstateRama) -- Gov. Rick Snyder today signed two executive orders working to support Michigan residents who are homeless or facing mental health issues “It’s important to provide all Michiganders with the support they need to improve their quality of life,” Snyder said. “These executive orders help ensure that advancing mental health and wellness and ending homelessness remain priorities moving forward.”

The Mary Ellen Vanaken Team Exceeds Expectations This Holiday Season

WASHINGTON, D.C. - January 19, 2015 - (RealEstateRama) -- The Mary Ellen Vanaken Team continues to exceeds expectations with their current and past clients. This past holiday season, the team presented their clients with sweet treats from Da Vinci's Donuts of Alpharetta, Georgia.

Interest in Secondary Assets and Recovering Markets Continues to Rise in the Face of...

LONDON - January 16, 2015 - (RealEstateRama) -- Competition for prime assets in Europe’s major real estate markets is leading property investors to continue their move into secondary assets and recovering markets, according to Emerging Trends in Real Estate® Europe 2015, a forecast published jointly by the Urban Land Institute (ULI) and PwC. The report highlights a surge in popularity for real estate investment opportunities in a number of cities that were hit particularly hard during the last market downturn, with dramatic rises in this year’s city rankings for Madrid (up 16 positions), Athens (up 23 positions), Birmingham (up 14 positions), Amsterdam (up 17 positions) and Lisbon (up 17 positions).

Congresswoman Frederica S. Wilson, Local Elected Officials, Police, Community Leaders and Pastors Rally for...

Miami, FL - January 16, 2015 - (RealEstateRama) -- Congresswoman Frederica S. Wilson (FL-24) will join local elected officials, law enforcement officers, community leaders, pastors, and residents of Miami’s Liberty Square Housing Project for a Peace and Unity rally tonight at 5:00 p.m. at the Liberty Square Community Center in the wake of ongoing, deadly gun violence. The Community Center is located at 6304 NW 14th Avenue, Miami, Florida 33147

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.

Recent Gov & Nonprofit Real Estate Press Releases

NAR

Pending Home Sales Ascended 3.4% in March

Pending home sales in March climbed 3.4%, according to the National Association of REALTORS®. The Northeast, South and West posted monthly gains in transactions while the Midwest recorded a loss. Year-over-year, the Northeast and South