Construction & Property: Commercial Real Estate News
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David Bossy has dedicated his life and career to developing successful ventures in hospitality, retail, and mixed-use properties.
Since 1977, real estate developer David Bossy has used his growing experience to take the commercial market by storm. Throughout the last 40 years, Bossy has gained recognition... - November 20, 2017 - David Bossy
Max Value Self Storage, located in Metro Atlanta, GA, was sold in early November to an out of state buyer. Michael Morrison, Associate Broker with Midcoast Properties, Inc., led this effort on the firm's behalf. - November 16, 2017 - Midcoast Properties, Inc
Keen-Summit Capital Partners LLC, as real estate advisor and broker to SunEdison, Inc., et al, Debtor in Possession, is pleased to announce that SunEdison closed on the sale of its former 693,000 sq. ft. high-tech manufacturing facility in Sherman, TX for $20,000,000. The United States Bankruptcy Court... - November 15, 2017 - Keen-Summit Capital Partners LLC
Storage Property Sells at $15.4 Million - November 14, 2017 - Bancap Self Storage Group, Inc.
In a joint venture with a private debt fund, Bay Mountain Capital recently closed an $8.5 million loan, nearly doubling the previous July record of $4.4 million. The record-setting loan was secured by approximately 150 acres of light industrial land located in Austin, Texas.
The borrower plans to complete... - November 13, 2017 - Bay Mountain Capital
Sound Auto Wholesalers has acquired the property at 139 West Main St in Branford, CT for use as a second location. The company's first location is at 14 Frontage Road in East Haven, CT. The business was established in 2014 by Daniel Merriam.
The dealership will operate from both locations. The service... - November 13, 2017 - Sound Auto Wholesalers
Alcom Mini Storage, located in Cherryville, NC, was sold in late October to an out of state buyer. Michael Morrison, Associate Broker with Midcoast Properties, Inc., led this effort on the firm's behalf. - November 08, 2017 - Midcoast Properties, Inc
Meadows Bank Net Income Up 34%
Meadows Bank, headquartered in Las Vegas, Nevada, released its operating results through the third quarter of 2017 including the following highlights:
• Net Income of $3,096,000 in 3Q2017 versus $2,487,000 in 3Q2016
• Year-to-date Net Income of $8,721,000 in... - November 07, 2017 - Meadows Bank
Pangea Mortgage Capital funds two deals comprising of property in California, Colorado, and Illinois. - November 07, 2017 - Pangea Properties
Engineered Tax Services (ETS), the premiere professional specialty tax engineering firm, has joined the MREN network to offer property owners financial solutions to increase cash flow, minimize tax payments, and maximize their return on investment. This alliance will expose over 8,000 internal and external... - November 07, 2017 - MREN
Calgary, AB-based leaders for parkade cleaning expertise, Green Scrub are now inviting Calgary property managers to review their parkade cleaning schedules for the 2018 budget year.
The company’s parkade cleaning services includes onsite inspections that thoroughly reviews property according to... - November 06, 2017 - Green Scrub
Kimberly Vincent has been promoted to Senior Account Manager at New Day Underwriting Managers LLC, a leading specialty intermediary of high-quality environmental and construction-related professional liability insurance coverage. Since joining the company in 2014, Vincent has worked directly with senior... - November 01, 2017 - New Day Underwriting Managers
The Board of Directors of BURNCO USA is thrilled to announce the appointment of Clifford Hahne, to President, BURNCO USA. Mr. Hahne has been developing, as VP Operations, BURNCO USA for the past three years. In this time, he has led acquisitions and built BURNCO’s businesses in Texas and, most recently, in Colorado with February’s acquisition of Bestway Concrete, Inc. - October 25, 2017 - Burnco
Resorts World is building a spectacular 18.6-million square foot, Chinese-themed hotel-casino complex on the Las Vegas strip. The first phase is set to open in 2020 at a cost of about $2.44 billion. Staying on time and on budget will be daunting challenges; to overcome them, Resorts World has chosen ENGworks, one of the world’s top providers of BIM. - October 25, 2017 - ENGworks
Lynn, an entrepreneur, is the founder and CEO at Buy The Block. One of few black-owned platforms in the country that are geared towards making investing in real estate as a group easier, the movement is presently on its way to recording massive success in funding for diverse development projects across... - October 25, 2017 - Buy The Block
Crosby & Associates, Inc. headquartered in Winter Haven, FL is searching for a suitable location for an additional office in Osceola county. Former teammate and Broker Associate Carol Platt, RCE, CRB, AHWD, E-Pro is returning to the firm and will be the Broker for Crosby’s new office. She brings... - October 23, 2017 - Crosby & Associates, Inc.
Thousands of prospective home owners and investors as well as real estate and infrastructure professionals will descend on the Sandton Convention Centre from next week Tuesday for the African Real Estate & Infrastructure Summit and the Property Buyer Show.
The Honourable Herman Mashaba, the Executive... - October 21, 2017 - African Real Estate & Infrastructure Summit
It seems hotel companies have been busy acquiring properties lately, focused - not surprisingly - on location.
AD1 Global, an award-winning South-Florida hotel investment company, has been particularly busy in this regard, adding three hotels in a month to their expanding portfolio – 2 of them... - October 20, 2017 - AD1Global
Trinity Street Capital Partners (TSCP), a full service real estate investment bank, announces the origination of a $29MM first mortgage on a portfolio of un-anchored retail properties located in the San Ramon Valley of California. - October 13, 2017 - Trinity Street Capital Partners
Lendlease, one of the world’s largest international property and infrastructure providers, is pleased to announce the appointment of Petula Lucey as Vice President, National Marketing Director for Lendlease Americas.
In the newly created role, Ms. Lucey joins the Americas Corporate Affairs team... - October 13, 2017 - Lendlease
Jeff Slivka, president of New Day Underwriting Managers LLC, a leading specialty intermediary of high-quality environmental and construction-related professional liability insurance coverage, will address the “Anatomy of a Contractor’s Professional Liability Policy (CPrL)” at the37th... - October 12, 2017 - New Day Underwriting Managers
REALTOR.ca, Canada’s most popular and trusted real estate website, is adding iGUIDE®'s media rich 3D virtual tour to listings improving the home buyers' search experience. - October 12, 2017 - iGUIDE
Magi Real Estate Services and Brass Funds have recently undertaken an extensive rebranding effort of its divisions and will be marketing under one name—Brass, effective October 10, 2017, to more accurately identify with its enhanced mission going forward. Both organizations will benefit from this... - October 12, 2017 - Brass
Maydelis Torres has been promoted to Vice President of the Real Estate Practice at New Day Underwriting Managers LLC, a leading specialty intermediary of environmental and construction-related professional liability insurance coverages. For the past four years, Torres has leveraged her vast underwriting,... - October 10, 2017 - New Day Underwriting Managers
Commercial Property Connect has re-launched as an independently owned Commercial Brokerage Firm with Susan McCall, CCIM as its Designated Broker and Owner. Commercial Property Connect is known for its use of “The Intentional Search” ©, a proprietary process, which sets the stage for a high touch, high results Commercial Property transaction experience for clients. - October 10, 2017 - Commercial Property Connect
Crosby & Associates, Inc., Winter Haven, FL, is pleased to announce the newest addition to its experienced team of Land Specialists, REALTORS® at its newest location, 57 Waddell St SE in Marietta, GA. Lee Jerris is the newest Sales Associate, based in Atlanta, and brings a Masters degree in Real... - October 09, 2017 - Crosby & Associates, Inc.
Carolina Spaces is proud to announce the addition of Cathie Campbell in the position of Accounts Manager. Cathie brings over 23 years of new home sales, marketing and model merchandising experience to the Carolina Spaces team. She will be responsible for the management of sales and relationships with both new and existing clients. - October 05, 2017 - Carolina Spaces, LLC
Lawhorne Storage, located in Sylvester, GA, was sold in late September to an out of state buyer. Michael Morrison, Associate Broker with Midcoast Properties, Inc., led this effort on the firm's behalf. - October 04, 2017 - Midcoast Properties, Inc
YouBIM® LLC, a provider of Building Information Modeling (BIM) software solutions for facility management, is pleased to announce that it has secured strategic investment funding from Strategic Maintenance Solutions, Inc. (SMS). The funds will be used to accelerate growth through the expansion of... - September 25, 2017 - ENGworks
Although 77 Percent Agree Buying a Home is a Good Financial Decision, Data Shows Why Many Do Not Follow Through. - September 25, 2017 - Unison Home Ownership Investors
Thompson-DeWitt's Caribbean Based Hospitality Divison Creates Capital Fund to Assist Hotel & Resort Owners in Rebuilding After the Recent Devastation Across the Region. - September 23, 2017 - Thompson DeWitt Financial Group
The Austin Contractors & Engineers Association (ACEA) is preparing to welcome more than 600 members to their annual Fish Fry Fundraiser event on Thursday, September 28, 2017 at the Travis County Expo Center. Tickets are still available. - September 21, 2017 - Austin Contractors & Engineers Association
$5.5 million sale of commercial building at the Shops at Cape Crossing on Pine Island Rd SW closed August 31st. The transaction was brokered by Bruce S. Preble, CCIM, at Commercial Realty Specialists LLC. - September 20, 2017 - Commercial Realty Specialists LLC
Berkshire Hathaway HomeServices Commercial Services Now the First Major Broker Displaying Its USA Commercial Listings on the IMLS Via ORION Commercial Services LLC. - September 19, 2017 - The International MLS
Christine (Chris) Dudley, a Lic. Florida Real Estate Broker Associate and Auctioneer, recently joined Tranzon Driggers, a Florida based real estate auction company.
Chris has been involved in the real estate industry for over 30 years and owned an antique business for 13 years. Her interest in antiques... - September 19, 2017 - Tranzon Driggers
Very private, secluded and majestic Equestrian Ranch property. Not on MLS. "Spring Valley Ranch" is a hidden valley of 240 acres adjacent to 100,000 acres of Los Padres national forest preserve. This is an Eco Lux, completely self sufficient property scouted for it's location, abundance of water and meticulously designed by the lead physicist on the Manhattan Project. There is nothing like it and is ideal for nature enthusiasts, celebrities and VIP's wanting ultimate privacy and protection. - September 18, 2017 - Sotheby's International Realty
Brandywine Homes breaks ground on Bradbury, a residential infill community that will offer 45 single-family detached homes on 3.87 acres in La Puente, Calif. There are currently no newly constructed homes available in this urban suburb of Los Angeles. - September 17, 2017 - Brandywine Homes
T-D Financial Group announces the September 2017 opening of its New York Headquarters. - September 15, 2017 - Thompson DeWitt Financial Group
AmeriFirst Financial, Inc., a trusted provider of mortgage loans for over 25 years, announced the opening of a new branch in Denver, Colorado. This new location provides unparalleled customer service and quality mortgage products to homebuyers in the metro Denver region. - September 14, 2017 - AmeriFirst Financial, Inc.
A highly accredited commercial real estate professional with more than 20 years of experience and a dedication to team leadership, sales training, business development and client service. - September 12, 2017 - Encore Real Estate Investment Services
Trinity Street Capital Partners (TSCP), a full service real estate investment bank, announces the origination of a $37MM first mortgage and $9MM of preferred equity on a portfolio of limited service hotels in Dallas, TX. - September 12, 2017 - Trinity Street Capital Partners
Christopher Jeffery has been named an account administrator at New Day Underwriting Managers, a leading specialty intermediary of environmental and construction-related professional liability insurance. A recent college graduate, Jeffery will support New Day’s operations, claims and policy servicing,... - September 07, 2017 - New Day Underwriting Managers
New Limit Option Provides Dedicated Limit for Projects - September 07, 2017 - Berkley Alliance Managers
Pangea Mortgage Capital (“PMC”) Closes $1.0 Million Deal - September 06, 2017 - Pangea Properties
Maxx Builders announces the groundbreaking of 100 unit Home2Suites in Richmond, TX. - September 04, 2017 - Maxx Builders
Keene Building Products announces the launch of a new roofing product, VIPER VENT™. - September 01, 2017 - Keene Building Products
Bay Mountain Capital, a direct lender providing short term financing to real estate investors since 2008, is expanding its product line to include extended term financing for rental properties.
Dean Lontos, Bay Mountain managing partner explained, “We are addressing a growing need in the marketplace,... - August 31, 2017 - Bay Mountain Capital
Seneca Capital Partners, LLC (“Seneca”), a Denver-based investment manager with a keen focus on income producing real estate assets, announced the expansion of its real estate team with the appointment of Paul Luber as Principal. This hire, effective immediately, reflects the rapid growth... - August 31, 2017 - Seneca Capital Partners
Pangea Mortgage Capital funds hotel in Canada. - August 30, 2017 - Pangea Properties
Menlo Group adds experienced real estate veteran to focus on retail sector of Phoenix commercial real estate market. - August 30, 2017 - Menlo Group Commercial Real Estate
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