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Commercial

BAL HARBOUR SUNTRUST BUILDING SOLD FOR $13.5 MILLION

Bal Harbour (Miami Beach), FL - January 14, 2012 - (RealEstateRama) -- The SunTrust bank building located at 9600 Collins Avenue in Miami Beach’s Bal Harbour village was acquired for $13.5 million by an affiliate of the owner of Bal Harbour Shops. Th...

Recent Acquisition

El Paso, TX - January 14, 2012 - (RealEstateRama) -- River Oaks Properties is pleased to announce the purchase of the Coronado Shopping Center, in El Paso Texas from Rich Development. The 137,386 SF shopping center sits on 12 acres and was built in 195...

Schumer, Gillibrand Statement on GSA Green Light for Commercial Building Renovations

New York, NY - November 19, 2012 - (RealEstateRama) -- U.S. Senators Charles Schumer and Kirsten Gillibrand released the following statement Friday after the General Services Administration issued the needed environmental approvals to allow the $22 mil...

NEW COMMERCIAL REAL ESTATE SITE LIVE

DENVER, CO - November 14, 2012 - (RealEstateRama) -- Commercial real estate is taking center stage at one of the world’s largest real estate franchise companies. RE/MAX, LLC, headquartered in Denver, today announced the launch of the new RE/MAX Commercial® website, remaxcommercial.com.

Third Quarter Commercial/Multifamily Mortgage Originations Down 7 Percent from Q3 2011

Washington, DC - November 13, 2012 - (RealEstateRama) -- Commercial and multifamily mortgage origination volumes during the third quarter of 2012 were seven percent lower than during the third quarter 2011, 17 percent lower than during the second quarter of 2012 and up 15 percent year-to-date from last year’s year-to-date levels, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

Howard Gelbtuch, CRE, Named 2013 Chair of The Counselors of Real Estate

CHICAGO, IL - October 30, 2012 - (RealEstateRama) -- New York City commercial real estate advisor Howard C. Gelbtuch, CRE®, principal, Greenwich Realty Advisors Incorporated, has assumed the role of 2013 Chair of the Board of The Counselors of Real Estate®, an international organization of top-level commercial real estate advisors, headquartered in Chicago. Gelbtuch began his one-year term on October 17 at the organization’s recent CRE Annual Convention in Miami.

MBA Announces 2013 Commercial Real Estate/Multifamily Finance Board of Governors Leadership and New Members

Chicago, IL - October 24, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced the election of Brian F. Stoffers, CMB, President, CBRE Capital Markets as the new Chair of its Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) at the association’s 99th Annual Convention & Expo in Chicago. Rodrigo Lopez, CMB, AmeriSphere Multifamily Finance LLC, will serve as Vice Chair.

MBA Releases Commercial/Multifamily Quarterly Data Book for Q2 2012

WASHINGTON, D.C. - September 27, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) released its second quarter 2012 Commercial Real Estate/Multifamily Finance Quarterly Data Book. The report includes a summary of major trends during the quarter and detailed charts and tables providing historical information on the commercial/multifamily real estate markets. Among the findings covered in second quarter Data Book:

Terrorism Risk Insurance Vital to Commercial Real Estate Market, Say Realtors®

WASHINGTON, DC - September 11, 2012 - (RealEstateRama) -- American businesses rely upon the availability and affordability of terrorism risk insurance and it’s a vital component of most commercial real estate transactions, the National Association of Realtors® said in testimony today

FTC Approves Modified Final Order Settling Charges that CoStar’s $860 Million Acquisition of LoopNet...

WASHINGTON, D.C. - August 30, 2012 - (RealEstateRama) -- Following a public comment period, the Federal Trade Commission has approved a modified final order settling charges that CoStar Group, Inc.'s $860 million acquisition of Loopnet would have been anticompetitive in the market for commercial real estate information services in the United States. The modified final order resolving the charges preserves competition that otherwise would have been lost through the acquisition by requiring the combined firm to sell LoopNet's interest in Xceligent, a significant provider of U.S. commercial real estate information.

BARUCH ITZHAK APPOINTED CONTROLLER OF EL AD US HOLDING

NEW YORK, NY - March 8, 2012 - (RealEstateRama) -- El Ad US Holding, Inc. has appointed Baruch Itzhak as Controller, it was announced today by CEO Udi Erez. “Baruch is a highly regarded finance professional with impeccable experience,” Erez stated.

BARUCH ITZHAK APPOINTED CONTROLLER OF EL AD US HOLDING

NEW YORK, NY - March 5, 2012 - (RealEstateRama) -- El Ad US Holding, Inc. has appointed Baruch Itzhak as Controller, it was announced today by CEO Udi Erez. “Baruch is a highly regarded finance professional with impeccable experience,” Erez stated. “His strong background will help El Ad continue to effectively manage its business as we pursue new investment opportunities including luxury condominiums, multi-family properties, conversion projects and distressed assets throughout the United States and Canada.”

UCI’S KERRY VANDEL TO SERVE AS KEYNOTE SPEAKER AT INAUGURAL O. C. COMMERCIAL...

Orange County, CA - February 14, 2012 - (RealEstateRama) -- Kerry Vandel, Director of the UCI Center for Real Estate has been announced as the keynote speaker for the first annual “SPIRE Awards” program, recognizing commercial real estate achievements by men and women in Orange County, and presented by the Commercial Real Estate Women, Orange County chapter (CREW-OC).

Hanna selected to represent Choptank Electric Cooperative

Pocomoke, MD - January 30, 2012 - (RealEstateRama) -- Henry H. Hanna, CCIM, SIOR, National Director of Industrial Property, with Sperry Van Ness-Miller Commercial real estate has been selected by Choptank Electric Cooperative to market their Pocomoke f...

MBA Releases 2011 Mid-year Commercial/Multifamily Servicer Rankings

WASHINGTON, D.C. - August 26, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its mid-year ranking of commercial and multifamily mortgage servicers as of June 30, 2011. On top of the list of firms is Wells Fargo with $442.9 billion in U.S. master and primary servicing, followed by PNC Real Estate/Midland Loan Services with $346.5 billion, Berkadia Commercial Mortgage with $184.2 billion, Bank of America Merrill Lynch with $123.7 billion and KeyBank Real Estate Capital with $107.7 billion.

MBA and 16 Other Groups File Joint Comment Letter on Commercial/Multifamily Risk Retention Proposed...

WASHINGTON, D.C. - August 3, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA), along with 16 other national real estate and financial services organizations, submitted to federal regulators a joint comment letter in response to the commercial and multifamily real estate elements of the proposed rule on credit risk retention (Proposed Rule).

Commercial Real Estate Conference to Focus on Key Issues Surrounding the Industrial Sector

HERNDON, VA - June 9, 2011 - (RealEstateRama) -- NAIOP, the Commercial Real Estate Development Association, is bringing its annual industrial real estate conference to the Renaissance Long Beach in Long Beach, Calif., on June 22-23.

Economist Tells Real Estate Counselors Commercial Real Estate Decline is Over; No Double Dip...

CHICAGO, IL - May 26, 2011 - (RealEstateRama) -- Though not ready to declare the economy is on the upswing, Wells Fargo Securities economist Mark Vitner told attendees at the recent midyear conference of The Counselors of Real Estate® in San Diego that the economic decline—at least in commercial real estate—is over. Members of the invitation-only The Counselors of Real Estate (CRE®) association are top advisors in real estate matters throughout the U.S. and abroad.

Commercial Real Estate Markets Stabilizing, Demand Growing

Washington, DC - May 24, 2011 - (RealEstateRama) -- The improving economy and job creation mean growing demand for commercial real estate, according to the National Association of Realtors®

The Taj Mahal Medical Center Signs 10-Year 6,700 SF Medical Lease

LAGUNA HILLS, CA - May 3, 2011 - (RealEstateRama) -- The Muller Company, a full service real estate company specializing in management, investment and development of commercial real estate in the western United States, announced today that the leasing team at the Taj Mahal Medical Center located in Laguna Hills, Calif. has signed its first medical lease since the start of construction and the official rebranding of the project in March, 2011

Business Real Estate Press Releases

FEMA

FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Houston, Pasadena and Webster for rebuilding tips from mitigation experts.

Recent Gov & Nonprofit Real Estate Press Releases

FEMA

FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Houston, Pasadena and Webster for rebuilding tips from mitigation experts.