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Charles Dunn Completes $22 Million Sale of 201-Unit Multifamily Property in Panorama City, California

LOS ANGELES, Calif. - June 11, 2014 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the western United States, has completed the $22 million sale of a 201-unit multifamily property located at 9010 Tobias Ave. in Panorama City, Calif.

ValueRock Realty Partners Adds To Investment and Development Team with Key Hires

IRVINE, CALIF. - June 11, 2014 - (RealEstateRama) -- ValueRock Realty Partners, a vertically-integrated real estate investment and operating company, is growing its investment and development leadership. The firm has added Dennis Vaccaro as senior vice president, investments; Patrick Cox as managing director and chief development officer; and Chad Owens as vice president of finance operations

PIQUET REALTY ANNOUNCES EXECUTIVE CHANGES

MIAMI - May 28, 2014 - (RealEstateRama) --- Piquet Realty, a leading luxury real estate firm with deep ties to the Brazilian investor community, today announced management changes at the top-level of the company. Cristiano Piquet, formerly President, will now serve as Chief Executive Officer of Piquet Realty. Daniel Piquet, former Chief Financial Officer will now assume the role of President. Benjamin Benalloul will continue to run the New York office, as Vice President

Avison Young completes $5.57-million lease renewal with Catalina Bar & Grill in Hollywood, CA

Los Angeles, CA - May 27, 2014 - (RealEstateRama) -- Avison Young, the world’s fastest-growing commercial real estate services firm, announced today that it has completed a 15-year lease with Catalina Bar & Grill, a dining and entertainment venue in the heart of Hollywood featuring some of the area’s most talented Jazz musicians. Valued at $5.57 million, the lease totaled just under 9,000 square feet (sf)

PCCP, LLC Provides $98 Million Loan to Northland Investment Corporation to Finance Construction of...

New York, NY, - May 27, 2014 - (RealEstateRama) -- PCCP, LLC announced today it has provided a $98 million loan to finance the construction of a 269-unit Class A multifamily property that also includes 27,595 square feet of ground floor retail space. The project is located at a prime intersection at Moody Street and Main Street in the heart of Waltham, Massachusetts, a thriving city nine miles west of Boston. The owner/developer is Northland Investment Corporation

Charles Dunn Company Names Mario Gallo as Multi-Unit Investment Specialist

LOS ANGELES, Calif. - May 19, 2014 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the western United States, has named Mario Gallo as multi-unit investment specialist. In his new role, Gallo will focus on investment sales in portions of the Westside Los Angeles multifamily market.

Major Enhancement Program at Kauai Village to Improve Customer Experience

KAUAI, HAWAII - May 15, 2014 - (RealEstateRama) -- ValueRock Realty Partners has kicked off a multi-million dollar renovation at Kauai Village, a 113,496-square-foot retail center located on Kuhio Highway in Kapa’a. ValueRock has owned the center since 2007 with plans to upgrade the customer experience.

Mott & Chace Sotheby’s International Realty announces newest location in Narragansett, Rhode Island

Narragansett, RI - May 14, 2014 - (RealEstateRama) -- Mott & Chace Sotheby’s International Realty is pleased to announce the opening of their third office located at 20 Narragansett Avenue, Unit 909, in Narragansett, Rhode Island. Mott & Chace Sotheby’s International Realty opened its doors on May 14, 2013. With their 30-year history of success, Ray Mott and Judy Chace have sustained a reputation for representing Rhode Island's finest coastal properties

Faris Lee Investments Completes $3 Million Sale of Midwest Multi-Tenant Retail Center in Kenosha,...

IRVINE, Calif., - May 13, 2014 - (RealEstateRama) -- Faris Lee Investments, a leading retail advisory and brokerage services firm, has completed the $3 million sale of Williams Corner, a 10,100-square-foot multi-tenant strip center located at 7410 118th Ave. in Kenosha, WI. The property is 100 percent triple net leased to five tenants including Starbucks with drive-thru, Supercuts, and Sparti’s Gyros

Charles Dunn Company Completes $2.7 Million Sale of Retail Property Occupied by Bank of...

LOS ANGELES, Calif. - May 13, 2014 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the western United States, has completed the $2.7 million sale of a 3,600-square-foot, single-tenant, NNN-leased property fully occupied by Bank of the West. The property is situated on .66 acres and is located at 17303 Carmenita Ave. in Cerritos, Calif.

Energy [R]evolution Report Details how US can Transition to Nearly 100% Renewable Energy

WASHINGTON, D.C. - May 13, 2014 - (RealEstateRama) -- The United States can quickly transition to nearly 100% renewable energy and phase out coal and nuclear power, according to a major new report from Greenpeace and the Global Wind Energy Council. Energy [R]evolution - A Sustainable USA Energy Outlook provides a blueprint for transforming our electricity, transportation, and heating systems to dramatically reduce carbon pollution, and demonstrates to policymakers and investors that rapid changes in the way we produce, distribute, and consume energy are possible and cost effective.

Rip-Offs, Retainers and Rescue: Lawyers’ Committee and Loan Modification Scam Prevention Network Coalition Partners...

WASHINGTON, D.C. - May 12, 2014 - (RealEstateRama) -- The Lawyers’ Committee for Civil Rights Under Law (Lawyers’ Committee) and its coalition partners in the Loan Modification Scam Prevention Network (LMSPN) will host an important town hall discussion about the impact of attorney involvement in foreclosure rescue options for distressed homeowners on Tuesday, May 13, 2014 from 1:30 to 3 p.m. at the Lawyers’ Committee’s offices, 1401 New York Avenue, NW, Suite 400, Washington, D.C. This event is a follow up to the Lawyers’ Committee’s April 15, 2014 release of a comprehensive national report“Foreclosure Rescue, Inc.”, which examines the foreclosure rescue fraud epidemic, scam trends and efforts to combat these fraudulent activities

All-Cash Sales Up While Distressed Sales and Investors Decline

WASHINGTON, D.C. - May 12, 2014 - (RealEstateRama) -- Analysis of data collected for the Realtors® Confidence Index shows the market share of all-cash purchases is on the rise, despite declines in distressed sales and investor activity, according to the National Association of Realtors®.

Mercy Loan Fund supports President Obama’s “My Brother’s Keeper” initiative to assist youth in...

WASHINGTON, D.C. - May 9, 2014 - (RealEstateRama) -- Mercy Loan Fund, a subsidiary of national nonprofit Mercy Housing, announced their commitment to the “Youth Opportunity Pledge” created by Opportunity Finance Network, a national network of community development financial institutions (CDFIs) investing in opportunities that benefit low-income, low-wealth and other disadvantaged communities across America. The “Youth Opportunity Pledge” was inspired by President Obama’s “My Brother’s Keeper” initiative that takes a collaborative approach to create opportunities for young minority men in disadvantaged communities

Faris Lee Investments Completes $11.5 Million Receivership Sale of a Major Portion of Spring...

LAS VEGAS, NV - May 9, 2014 - (RealEstateRama) -- Faris Lee Investments, a leading retail advisory and brokerage services firm, has completed the $11.5 million sale of a 60,105-square-foot portion of Spring Valley Town Center in Las Vegas. The retail property was 92 percent occupied at the close of escrow with tenants including The UPS Store, 7 Eleven, GNC, Fatburger, and others. Tenants within the center that weren’t a part of the sale include anchor tenants La Bonita Supermarkets, Lee’s Discount Liquor and Bank of America.

Goldman Sachs Closes Broad Street Real Estate Credit Partners II With Over $4 Billion...

NEW YORK, - May 7, 2014 - (RealEstateRama) -- Goldman Sachs announced today that it has closed its second real estate credit fund, Broad Street Real Estate Credit Partners II (RECP II), with over $4 billion in total capital available to invest, including expected leverage. Limited partners in RECP II include existing as well as new institutional and private investors from throughout the Americas, Europe and Asia. RECP II will be managed by the real estate group within Goldman Sachs’ Merchant Banking Division (MBD). With this new vehicle, Goldman Sachs will be able to offer these lending capabilities to borrowers in Europe for the first time, building on its track record in the United States.

Faris Lee Investments Completes $7.84 Million Sale of Multi-Tenant Retail in Fontana, California

IRVINE, Calif., - May 6, 2014 - (RealEstateRama) -- Faris Lee Investments, a leading retail advisory and brokerage services firm, has completed the $7.84 million sale of The Shops at Sierra Lakes, a two-building, 21,615-square-foot retail center in Fontana, Calif. The property was 94 percent occupied at the close of escrow with major tenants including Dollar Tree, 7-Eleven and others

HAP INVESTMENTS AND DESIGNER KARIM RASHID ANNOUNCE ‘HAP 5’ IN EAST HARLEM

NEW YORK - May 1, 2014 - (RealEstateRama) -- HAP Investments, a New York based international real estate investment and development company along with designer Karim Rashid announced today the ground breaking for 329 Pleasant Avenue, to be known as “HAP 5.

HAP INVESTMENTS AND DESIGNER KARIM RASHID ANNOUNCE ‘HAP 5’ IN EAST HARLEM

NEW YORK - April 28, 2014 - (RealEstateRama) -- HAP Investments, a New York based international real estate investment and development company along with designer Karim Rashid announced today the ground breaking for 329 Pleasant Avenue, to be known as

PIQUET REALTY SHOWS COMMITMENT TO GROWING THEIR NEW YORK MARKET SHARE

NEW YORK, NY - April 24, 2014 - (RealEstateRama) -- Piquet Realty, a leading luxury real estate firm with offices in Miami and Orlando, known for their deep ties to the high-end Brazilian investor community, has announced the signing of a new lease at The Coates Building, located at 555 Madison Avenue. The company will utilize the space to grow their New York presence. The firm’s expansion plan includes accommodating roughly 100 agents at this location.

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