Aaron Rian Investor, Author, Chairman and CEO of The Brokerage House…

Aaron Rian an American Investor, Best Selling Author, and Chairman and CEO of The Brokerage House Named one of America’s Top Entrepreneurs of 2022 (PRWeb March 05, 2022) Read the full story at https://www.prweb.com/releases/aaron_rian_investor_author_chairman_and_ceo_of_the_brokerage_house_named_one_of_america_s_top_entrepreneurs_of_2022/prweb18536917.htm Press Release Distribution Service

Cooper & Associates Realty Receives 2022 Best of Elk Grove Award

Cooper & Associates Realty named 2022 Best Elk Grove Real Estate Agency. (PRWeb March 05, 2022) Read the full story at https://www.prweb.com/releases/2022/3/prweb18509381.htm Press Release Distribution Service

Clark Pest Control is Acquiring Redding, CA-based Jeff’s Pest…

Jeff’s Pest Control Service in Redding has been purchased. (PRWeb March 04, 2022) Read the full story at https://www.prweb.com/releases/clark_pest_control_is_acquiring_redding_ca_based_jeff_s_pest_control_service_inc/prweb18532039.htm Press Release Distribution Service

Landlords detail sweeping plan to upgrade 141,000 sq. ft. Giralda Farms building

Lord Fisher Capital and Pentaurus Properties are planning a multimillion-dollar renovation of 3 Giralda Farms, a 141,000-square-foot building in Madison, as depicted in this rendering. — Renderings by Gensler/Courtesy: JLL By Joshua Burd A joint venture has unveiled its multimillion-dollar plan to renovate a piece of the acclaimed Giralda Farms office campus, while tapping JLL…

Reynolds Asset Management hires vice president of acquisitions, development

Reynolds Asset Management’s recent developments include Mosaic on Main, a 64-unit apartment building in downtown Bound Brook. — Courtesy: Striker Apartment Leasing By Joshua Burd Reynolds Asset Management has named a new vice president of acquisitions and development to support its growing pipeline in and around its home state of New Jersey. Adam Triglia The…

NAI Hanson inks sale of two-building industrial, flex complex in Clifton

65-75 and 125-127 Kingsland Ave. in Clifton — Courtesy: NAI James E. Hanson By Joshua Burd A private investor has acquired more than 130,000 square feet of industrial and flex space in Clifton, in a newly announced transaction by NAI James E. Hanson. According to the brokerage firm, the buyer paid an undisclosed sum for…

Capstone Arranges $57.25 Million Sale of 216-Unit Apartment Community in North Carolina Triad Region

Capstone Apartment Partners announces the $57.25 million sale of The Grove at Kernersville: a 216- unit apartment community located within the North Carolina Triad region. Situated on 21.12 acres off Interstate 40, the asset is nearly equidistant between Winston-Salem and Greensboro, offering proximity to the Piedmont Triad International Airport—just 11 miles away. Additionally, The Grove…

Struggling homeowners can get between $15,000 and $80,000 from pot of federal money

While many homeowners are on their way toward financial recovery after the worst days of the pandemic, the need for help continues. Continue reading at CNBC.com: Click Here Press Release Distribution Service

Newmark Facilitates Sale of Multifamily Development Site in South Bay’s Hawthorne Neighborhood

Newmark 1 announces it has completed the sale of Millennium Gardena, a fully entitled development site slated for 262 multifamily units and located at 12850 Crenshaw Boulevard in the South Bay neighborhood of Hawthorne, California. Newmark Senior Managing Director Chris Benton, Managing Director Anthony Muhlstein, Co- Head of Capital Markets Kevin Shannon and Executive Managing…

America’s biggest new mansion auctions for $141 million

A 105,000-square-foot Los Angeles megamansion known as “The One” sold at a bankruptcy auction for $141 million Continue reading at CNBC.com: Click Here Press Release Distribution Service

Eric Danziger named CEO of Braintree Group

Eric Danziger Braintree Group, an Idaho-based family of companies focused on fostering smart and sustainable community advancement and growth, announced today that Eric Danziger has been hired as Chief Executive Officer. Danziger, formerly the Chief Executive Officer of Trump Hotels, will oversee the Braintree entities in the group’s portfolio of companies including real estate investment…

Weak mortgage demand could get a big boost as Ukraine crisis causes interest rates to drop sharply

Mortgage demand fell last week as rates rose, but that may all change this week as rates drop again, and sharply. Continue reading at CNBC.com: Click Here Press Release Distribution Service

The view from the top: A conversation with leaders in logistics real estate

Tuesday, Jan. 11, 2022* The Highlawn – 1 Crest Drive, West Orange, NJ 07052 Demand for industrial space has risen to unprecedented levels in New Jersey and nationally. Come hear four leading institutional developers and investors share their thoughts on market trends, finding new deals and just how long the industrial boom will continue. Ask…

Cerberus funds $77M refi on New Rochelle apartment development

Greystone has arranged a $77.2 million loan for a joint venture between Young Companies and Phil Craft. An affiliate of Cerberus Capital Management provided the bridge loan to refinance The Rockwell, which was developed by the Young Companies and Phil Craft joint venture. The Rockwell is a five-story, 114-unit building with approximately 21,000 s/f of commercial…

I.CON panel: For spec builders in top logistics markets, it pays to wait to sign a lease

From left: Jeff Milanaik, Bridge Industrial’s Northeast region partner; Devin Barnwell, senior vice president and global head of portfolio management for Brookfield Asset Management’s real estate logistics platform; Peter Schultz, executive vice president with First Industrial Realty Trust Inc.; and Nick Pell, president and chief investment officer of Link Logistics, took part in the keynote…

Hackman, Square Mile add Kaufman Astoria to their studio lineup

Hackman Capital Partners and Square Mile Capital Management announced the purchase, through an affiliated entity, of Kaufman Astoria Studios in Queens.  No sale price was announced, but Real Estate Alert previously reported that multiple bidders, including Silverstein Properties, were pitching in the region of $600 million. Opened in 1920, Kaufman Astoria Studios was the original…

American Equity Partners inks sale of 199,000 sq. ft. Bridgewater office building, CBRE says

Grande Commons at 440 Route 22 East in Bridgewater — Courtesy: CBRE By Tina Traster CBRE advised American Equity Partners on the sale of a 199,310-square-foot, 82 percent occupied office building in Bridgewater. Known as Grande Commons, the property at 440 Route 22 East is located near the Bridgewater Commons Mall, five minutes from Interstate…

Renters are still protected from eviction in these states and cities

The national eviction ban has lapsed, but New York, New Jersey and New Mexico have their own moratoriums. Many cities continue to curb the proceedings as well. Continue reading at CNBC.com: Click Here Press Release Distribution Service

Manhattan’s luxury real estate market is setting records. Here’s what $50 million can buy

With weeks to go, the previous records have been smashed for both for the number of deals priced above $4 million, and the total deal value. Continue reading at CNBC.com: Click Here Press Release Distribution Service

New mortgage refinance programs from Fannie Mae and Freddie Mac are expanding to reach more homeowners

Both government-sponsored enterprises have increased the income cap to qualify for the programs, as well as loosened other restrictions. Continue reading at CNBC.com: Click Here Press Release Distribution Service

GenScript USA Opens Piscataway, New Jersey, Operations Campus

GenScript USA Inc., a leading life science research tools and services provider, opened a more than 50,000-square-foot facility near its U.S. headquarters in Piscataway, New Jersey. Continue Reading at AreaDevelopment.com Click Here. Press Release Distribution Service

Ilex Organics Plans Clarksdale, Mississippi, Operations Complex

Ilex Organics, supplier of Yaupon tea and Mississippi-grown catfish fillets, is investing $2.612 million to locate operations in Clarksdale, Mississippi. The project is expected to create 60 jobs. Continue Reading at AreaDevelopment.com Click Here. Press Release Distribution Service

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