Commercial Real Estate News
Seal the deal with news about non-residential properties and sales, including commercial and industrial real estate. Learn about new ventures, partnerships, deals, products and services geared toward the business of real estate.
Chicago Developer David Bossy Working on New Multi-Million-Dollar Development Plan
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... - November 20, 2017 - David Bossy
Self Storage in Metro Atlanta, GA, Sold
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.
SunEdison, Inc. Successfully Sold Its High-Tech Facility in Sherman, Texas for $20 Million; Keen-Summit Capital Partners Acted as Sell-Side Advisor
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... - November 15, 2017 - Keen-Summit Capital Partners LLC
Bancap Self Storage Group Brokers San Diego Self Storage Property
Storage Property Sells at $15.4 Million - November 14, 2017 - Bancap Self Storage Group, Inc.
Bay Mountain Capital Closes $8.5 Million Loan to Austin Land Developer
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... - November 13, 2017 - Bay Mountain Capital
Sound Auto Wholesalers Acquires Property in Branford, CT for Second Location
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... - November 13, 2017 - Sound Auto Wholesalers
Self Storage in Cherryville, NC, Sold
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 3Q 2017 Earnings
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... - November 07, 2017 - Meadows Bank
Pangea Mortgage Capital Closes Two Recent Deals
Pangea Mortgage Capital funds two deals comprising of property in California, Colorado, and Illinois. - November 07, 2017 - Pangea Properties
MREN Provides Solution for ETS Technology Leap
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... - November 07, 2017 - MREN
Green Scrub Helps Calgary Property Managers Plan Ahead for 2018 Parkade Cleaning Schedules
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... - November 06, 2017 - Green Scrub
Kimberly Vincent Promoted to Senior Account Manager at New Day Underwriting Managers
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... - November 01, 2017 - R-T Specialty, LLC's Environmental & Construction Professional Practice
Clifford Hahne Promoted to President, BURNCO USA
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
ENGworks Deals Resorts World a Winning Hand; BIM Firm Says Its Models Will Help Huge Vegas Hotel-Casino Open on Time
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
"Buy The Block" the First Black-Owned Real-Estate Crowd Investing is on Its Way to Millions of Dollars in Funding for Property Development in Black Communities
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... - October 25, 2017 - Buy The Block
Carol Platt Joins the Team at Crosby & Associates as It Expands to a New Location in Osceola County
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... - October 23, 2017 - Crosby & Associates, Inc.
Real Estate Invasion Expected in Sandton as African Real Estate & Infrastructure Summit and Property Buyer Show Come to Town Next Week
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... - October 21, 2017 - African Real Estate & Infrastructure Summit
AD1 Global Hot on Florida Market with 3 New Hotel Acquisitions / 2 in Orlando
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... - October 20, 2017 - AD1Global
Lendlease Bolsters Their Strategic Marketing and Branding Efforts in the Americas
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... - October 13, 2017 - Lendlease
Trinity Street Capital Partners Announces the Origination of a Non-Recourse, Commercial Mortgage on a Portfolio of Retail Properties Located in the San Ramon Valley of CA
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
Jeff Slivka of New Day Underwriting Managers to Address Anatomy of CPrL Policies at 37th Annual IRMI Construction Risk Conference
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... - October 12, 2017 - R-T Specialty, LLC's Environmental & Construction Professional Practice
REALTOR.ca is Making the Canadian Home Shopping Experience Better
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 Become Brass -San Antonio’s Largest Owner/Operator of Office Space Rebrands Company for a New Era
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... - October 12, 2017 - Brass
Maydelis Torres Promoted to Vice President at New Day Underwriting Managers
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... - October 10, 2017 - R-T Specialty, LLC's Environmental & Construction Professional Practice
Commercial Property Connect Has Gone Rogue
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. Adds New Team Member and Location to the Atlanta Market
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... - October 09, 2017 - Crosby & Associates, Inc.
Carolina Spaces, Charlotte's Leading Interior Design, Home Staging and Model Home Merchandising Firm, Announces Addition of Cathie Campbell as Accounts Manager
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
Self Storage in Sylvester, GA, Sold
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® Secures Investment Funding from Strategic Maintenance Solutions, 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... - September 25, 2017 - ENGworks
Unison Survey Reveals 4 in 10 Americans Find Saving for a Down Payment the Biggest Financial Barrier to Home Ownership
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 Financial Opens $50,000,000 Mezz Fund for Caribbean Hotel & Resort Properties Impacted by the 2017 Hurricane Season
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
Austin Contractors & Engineers Association Prepares for Massive Fish Fry Fundraiser
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
Commercial Realty Specialists LLC Completes $5.5 Million Sale of Physical Fitness Center in Cape Coral
$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
The International MLS [IMLS]TM Launches Its Commercial Platform to the Global Market
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
Seasoned Auction Professional Christine Dudley Joins Tranzon Driggers
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... - September 19, 2017 - Tranzon Driggers
Rare Equestrian Ranch VIP Retreat Designed by Manhattan Project Lead Physicist Hits Real Estate Market in LA Area
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 at Bradbury, a Gated Community That Will Offer 45 Single-Family Detached Homes in La Puente, Calif.
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
Thompson DeWitt Financial Announces the Launch of Thompson-Dewitt Capital Advisors in NYC
T-D Financial Group announces the September 2017 opening of its New York Headquarters. - September 15, 2017 - Thompson DeWitt Financial Group
AmeriFirst Financial, Inc. Announces New Branch in Denver
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.
Encore Real Estate Investment Services is Proud to Announce the Addition of John Przybyla President & Chief Operating Officer
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 Announces the Origination of a High Leverage, Non-Recourse, Hotel Loan and Preferred Equity Investment
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 Joins New Day Underwriting Managers as Account Administrator
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... - September 07, 2017 - R-T Specialty, LLC's Environmental & Construction Professional Practice
Pangea Mortgage Capital Funds $1.0 Million Construction Loan
Pangea Mortgage Capital (“PMC”) Closes $1.0 Million Deal - September 06, 2017 - Pangea Properties
Maxx Builders Announces Groundbreaking for Home2Suites by Hilton
Maxx Builders announces the groundbreaking of 100 unit Home2Suites in Richmond, TX. - September 04, 2017 - Maxx Builders
Keene Building Products Announces New Roofing Product
Keene Building Products announces the launch of a new roofing product, VIPER VENT™. - September 01, 2017 - Keene Building Products
Bay Mountain Capital Introduces Extended Term Rental Property Financing
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... - August 31, 2017 - Bay Mountain Capital
Seneca Capital Partners is Proud to Welcome Paul Luber, a 35-Year Industry Veteran, as Principal
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... - August 31, 2017 - Seneca Capital Partners
Pangea Mortgage Capital Closes $10.0M Hotel Deal in Eight Days
Pangea Mortgage Capital funds hotel in Canada. - August 30, 2017 - Pangea Properties
Vivion Road Kmart Sold; Redevelopment to Begin Immediately
Lockard, a Cedar Falls, IA based real estate developer has officially closed on the former Kmart property located at 2835 NE Vivion Road, Kansas City, MO. Representing the buyer was Dustin Whitehead, CCIM, with Lockard and Jared Frost with Point Commercial. The newly named Shoppes at Vivion Point... - August 30, 2017 - Lockard
With New Building and Refreshed Brand, Menlo Group Looks Forward to the Future
Unique new office environment centrally located in Tempe and refreshed branding position Menlo Group Commercial Real Estate for future growth. - August 30, 2017 - Menlo Group Commercial Real Estate