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Global Tower Partners Closes New Financing

BOCA RATON, FL - July 22, 2011 - (RealEstateRama) -- Global Tower Partners (“GTP”) announced today that it closed its $645,000,000 Secured Tower Revenue Notes Global Tower Series 2011-2 on July 7, 2011. The Company issued $490,000,000 Series C Notes (rated A2(sf)/A(sf) by Moody’s and Fitch respectively) and $155,000,000 Series F notes (rated Ba3(sf)/BB-(sf) by Moody’s and Fitch respectively). The notes have a blended coupon of 5.135 percent with a 30-year legal maturity.

Ecclestone buys Aaron Spelling property in Los Angeles for US$85 million

Raffles Place, Singapore - July 22, 2011 - (RealEstateRama) -- Petra Ecclestone, the daughter of F1 Supremo Bernie Ecclestone, has bought the Los Angeles home of Amercian film and television producer, Aaron Spelling.

INDCOR PROPERTIES, INC. SELECTS CB RICHARD ELLIS GROUP, INC. TO PROVIDE PROPERTY MANAGEMENT SERVICES...

Los Angeles, CA - July 22, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (CBRE) today announced that it has been selected by IndCor Properties, Inc. (IndCor), an affiliate of Blackstone Real Estate Advisors, to provide property management services for a 22 million sq. ft. national industrial portfolio. The appointment comes on the heels of IndCor’s selection of CB Richard Ellis to manage a 4 million sq. ft. industrial portfolio in late 2010.

Carol Patterson makes paradise easier to find for her Lake Keowee home seekers with...

EUGENE, OR - July 22, 2011 - (RealEstateRama) -- Carol Patterson of Pinnacle Real Estate in Lake Keowee, South Carolina, has adopted the revolutionary IDX Broker software. Now, Patterson can integrate thousands of listings onto her website with a simpl...

Brian Long stays connected with his San Diego clients with integration of IDX Broker...

EUGENE, OR - July 22, 2011 - (RealEstateRama) -- San Diego area properties are now conveniently displayed on one easy-to-use website, thanks to the partnership between IDX, Inc. and Brian Long. SANDICOR listings are synced seamlessly to the search page enabled by IDX, creating a comprehensive online database of properties for Long's clients to search. The IDX solution customized to fit the functionality his website has allowed Long to provide his clients and other potential San Diego area buyers with unprecedented access to SANDICOR listings, search tools and other IDX-hosted features

STEADY PROGRESS FOR NYC RESIDENTIAL MARKET IN 2ND QUARTER, ACCORDING TO REBNY BROKER SURVEY

NEW YORK, NY - July 21, 2011 - (RealEstateRama) -- A broker survey conducted by the Real Estate Board of New York (REBNY) for the second quarter of 2011 found that 77 percent believe next quarter’s values and sales will be better than or the same as this quarter. Also, 10 percent more brokers reported closing sales at or above asking price compared to what brokers reported in the second quarter of 2010

The Boulder Group Completes Sale of a Ground Leased Logan’s Roadhouse Property in Salina,...

Northbrook, IL - July 21, 2011 - (RealEstateRama) -- The Boulder Group, a net leased investment brokerage firm, has completed the sale of a ground leased Logan’s Roadhouse property located at 3050 Riffel Drive in Salina, KS for $1,446,000

KELLER WILLIAMS NYC WELCOMES IKAHN EL

New York, NY - July 21, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate firm Keller Williams Realty Inc., has appointed Ikhan El as a licensed real estate salesperson.

Brandon Green Companies make finding Washington DC real estate a snap with IDX Broker...

EUGENE, OR - July 21, 2011 - (RealEstateRama) -- IDX, Inc. is pleased to welcome Brandon Green and Brandon Green Companies to the growing network of real estate professionals using the revolutionary IDX Broker software on their websites. Metropolitan R...

Barbara Leverenz brings innovative IDX Broker functionality to her Killeen, Texas real estate website

EUGENE, OR - July 21, 2011 - (RealEstateRama) -- IDX, Inc. welcomes realtor Barbara Leverenz to the growing group of real estate agents and brokers adopting a customizable IDX solution for their websites. Leverenz, a member of the Ft. Hood MLS (FHAARMLS) has long had access to thousands of Texas property listings, but with the addition of IDX Broker software to her website, Leverenz has made the same listings that were once classified for real estate professionals only, accessible to all her clients. Never before has such a dynamic and easy-to-use search been available to potential buyers

Turner’s Commitment to Green Buildings Results in Achieving LEED Certification of 200th Project

New York, N.Y. - July 21, 2011 - (RealEstateRama) -- Turner Construction Company announced that the Yale University Health Center in New Haven, Connecticut is the 200th Turner project to have achieved LEED (Leadership in Energy and Environmental Design) certification from the Green Buildings Certification Institute.

Broker Bogdan Ryabyshchuk brings innovative IDX Broker software to Bay Realty clients in San...

EUGENE, OR - July 21, 2011 - (RealEstateRama) -- Today, IDX, Inc. announces Bogdan Ryabyshchuk of Bay Realty in San Diego has become the latest professional to adopt a customizable IDX solution for his real estate website. His IDX solution now seamlessly integrates thousands of SANDICOR listings onto his search page, creating a comprehensive database of properties for his clients to explore online. Adding IDX Broker software to his website has revolutionized the way Ryabyshchuk presents listings to his clients and other potential San Diego, California buyers.

Phuket mega-project sent for approval

Phuket, Thailand - July 21, 2011 - (RealEstateRama) -- Engineering consultants presented their feasibility study for the controversial Kathu to Patong tunnel project during a meeting held at the Royal Phuket City Hotel in Phuket Town earlier this week.

CONSTRUCTION COMPLETE AT 88 MORNINGSIDE; FASTEST SELLING NEW DEVELOPMENT IN HARLEM RECEIVES TCO

New York, NY - July 21, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today announced that 88 Morningside, a premier new development located on the corner of Morningside Avenue and West 122nd Street, has completed construction.

CUSHMAN & WAKEFIELD REPORTS POSITIVE NEWS FOR N.J. REAL ESTATE

EAST RUTHERFORD, N.J. - July 21, 2011 - (RealEstateRama) -- Evidence of recovery has spread throughout New Jersey’s office and industrial real estate markets at mid-year 2011, according to Cushman & Wakefield, Inc. in East Rutherford.

Stacy Neir and John Hayden of Kentwood City Properties to Co-Host Grand Opening of...

DENVER, CO - July 20, 2011 - (RealEstateRama) -- Stacy Neir and John Hayden of Kentwood City Properties are co-hosting a grand opening and groundbreaking in conjunction with McStain Neighborhoods at McStain’s newest urban infill project in Curtis ...

SANDICOR listing data displayed with ease on IDX enabled website of real estate broker...

EUGENE, OR - July 20, 2011 - (RealEstateRama) -- IDX, Inc. and Bill Marshall had united to present San Diego, California home seekers with a unique and thorough online real estate solution. Marshall has employed IDX Broker software on his website, and by doing so, created an innovative search page that gives his clients access to thousands of San Diego Regional MLS (SANDICOR) listings. Additionally, Marshall has widened his coverage to include Arizona Regional MLS (ARMLS) listings, giving his clients a more dynamic and comprehensive real estate search page to utilize throughout their online property search.

IDX, Inc. syncs Austin, Texas property listings with website of Realtor Bill Austin

EUGENE, OR - July 20, 2011 - (RealEstateRama) -- Today, IDX, Inc. announces Bill Austin has enabled an IDX solution to his real estate website and now hosts a dynamic search function. Austin MLS (ACTRIS) listings are now easily integrated onto the website he hosts, making thousands of Texas property listings accessible for agents, brokers and home seekers alike. The Texas online real estate search will never be the same, thanks to Austin and his IDX-enabled website.

United States Postal Service Awards CB Richard Ellis Group, Inc. Contract to Serve as...

Los Angeles, CA - July 20, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc (NYSE:CBG) today announced that the United States Postal Service (USPS) has awarded CB Richard Ellis a contract to serve as its exclusive provider of strategic corporate real estate solutions nationally. CB Richard Ellis will provide transaction management services for USPS, including leasing and disposition. USPS’s portfolio consists of approximately 35,000 facilities, totaling over 300 million sq. ft.

A DISCUSSION ABOUT ADAPTIVE REUSE WITH PRISM’S BOB GIBSON

ENGLEWOOD, N.J. - July 20, 2011 - (RealEstateRama) -- Commercial real estate owner/operator Prism Capital Partners, LLC is set to break ground this summer on Phase I of The Parkway Lofts, a multifamily adaptive reuse in Bloomfield and East Orange, N.J. The project will convert a 114-year-old, 365,000-square-foot former General Electric Company warehouse property, located on the Garden State Parkway, into 361 loft-style apartments. At build out, the 14.5-acre site will be transformed into a distinctive, high-density residential village also featuring 150 for-sale townhomes, a clubhouse and other lifestyle amenities, to be built as part of Phase II.

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

Congresswoman Linda Sánchez

Sánchez delivers $850,000 to Santa Fe Springs for Slauson Avenue improvement

On Saturday, President Biden signed into law the Consolidated Appropriations Act of 2024, a package of six domestic funding bills focused on lowering costs for families and creating good