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.
Meadows Bank Income Surges 34% in 2017
Meadows Bank headquartered in Las Vegas, Nevada announced its 2017 operating results including the following highlights: • 2017 full year Net Income grew 34% to $11.9 million versus $8.9 million in 2016 • Loan portfolio grew 18% or $107 million to $682.1 million at 12/31/17 from $574.9... - February 09, 2018 - Meadows Bank
Property Boom: Coast Prices Set to Skyrocket by GPS Group Development Plans
Located in Ciudad del Carmen Municipality in Campeche State - 50 kilometers from the City of Carmen - Isla Aguada has it all to become the new tourism hot spot. - February 06, 2018 - Global Property Service Group
New Day Webinar Explores When Engineering Design Fails...The Impact of Faulty Design and Collapses
Mitch Cohen, PE, vice president in the Construction Division at New Day Underwriting Mangers, was joined by Sammy Powell, PE, vice president at Long Engineering, to discuss the catastrophic construction design failures that can cost millions, while endangering lives. Titled When Engineering Design... - February 01, 2018 - R-T Specialty, LLC's Environmental & Construction Professional Practice
Zero Down Solar Selects SolarEdge PV and Storage Solutions for the Southern California Residential and Commercial Market
Alliance Extends Zero Down Solar’s Rule 21 Compliant Storage Capability - February 01, 2018 - Zero Down Solar
Encore Real Estate Investment Services Trades Iconic Walgreens Location at Record Cap Rate
Encore Real Estate Investment Services is pleased to announce the sale of a single tenant State-of-the-Art Prototype, Two-Story, 24-Hour Walgreens in Clearwater Beach, Florida with a record cap rate of 5.05%. - January 30, 2018 - Encore Real Estate Investment Services
UmbrellaOne Kicks Off 2018 with Hiring of New Vice President of Business Development
National provider of commercial maintenance and janitorial services adds key role aimed at increasing the value of sales experience. - January 29, 2018 - UmbrellaOne | National Facilities Services
New Day to Explore Environmental Insurance Trends at 2018 IRMI Energy Risk & Insurance Conference
John Heft, senior vice president and director of the real estate practice at New Day Underwriting Managers LLC, will address Current Trends in the Environmental Marketplace at the 2018 IRMI Energy Risk & Insurance Conference (ERIC) to be held at the Royal Sonesta Houston in Texas. During the... - January 25, 2018 - R-T Specialty, LLC's Environmental & Construction Professional Practice
Lee & Associates Investment Services Group Negotiates Sale of Wilmington Multi-Tenant Industrial Property
Lee & Associates Investment Services Group is proud to announce the sale of a multi-tenant industrial property in Wilmington, CA. The four-building 32,392 square foot property was part of a 205,000+ square foot 7 property multi-tenant industrial portfolio that extends from Palmdale down to... - January 25, 2018 - Lee & Associates, Investment Services Group, Inc.
SPACESMaui is a Rentable Office Space on Maui for CoWorking and Collaborating
SPACESMaui has opened the doors of their Plantation House for CoWorking and collaboration. This rentable office space is conveniently located off of Makawao Avenue in beautiful upcountry Maui. Available Monday through Friday, SPACESMaui blends the aesthetics, atmosphere, and hospitality of a boutique hotel with the high end utilities and benefits of an established office. Reserve your space now. - January 24, 2018 - SPACESMaui
Rmax ECOMAXci Wall Solution Achieves Listing from the Air Barrier Association of America
The ABAA certified the Rmax ECOMAXci wall solution for use in commercial buildings. - January 16, 2018 - Rmax
Nations Valuations Services (NVS) White Paper – The State of the Appraisal Industry
National Chief Appraiser for NVS speaks out about the current interactions in the appraisal industry, and big data. - January 15, 2018 - Nations Lending Services
PONTE HEALTH to Unveil Medical Tower Development Project
Designed to be developed as a self-sustaining, patient-focused, technology-driven facility, the PONTE HEALTH design and construction teams have been hard at work on a new Medical Tower Development Project. The structure is a three-tower complex working in synchronicity for Care, over 70 stories and nearly 1,000 Feet at its highest. Unveiling will take place on January 19 during the first Building Health Forum hosted by the Firm, live from Lake Nona - Medical City in Orlando, Florida. - January 10, 2018 - PONTE HEALTH GLOBAL CORP.
Morrison Elected to GASSA Board of Directors
Michael Morrison, Associate Broker with Midcoast Properties, Inc., has been elected to the Georgia Self Storage Board of Directors. He also serves on the Board of the Self Storage Association of South Carolina. Midcoast Properties, Inc. is a leading broker of commercial real estate in the... - January 10, 2018 - Midcoast Properties, Inc.
RADAR Announces Integration with Bluebeam Revu for Real-time Field to Office Coordination
RADAR now integrates with Bluebeam Revu for realtime drawing management & improved field-to-office coordination. Access Bluebeam Revu within RADAR to create, share & sync data. - January 09, 2018 - RADAR Construction Software
Pangea Mortgage Capital Closes $5.0 Million Loan
Pangea Mortgage Capital (“PMC”), a nationwide commercial lender headquartered in Chicago, Illinois, closed a $5.0 million loan for the refinance of a shopping center located in the greater Chicago metro. On December 29, 2017, PMC worked with an experienced owner and operator to... - January 09, 2018 - Pangea Properties
Peregrine Now Acquiring Royalties in Washington County, PA
Peregrine Energy Partners, a company assisting 1031 investors in diversifying their exchange, has agreed to acquire producing and non-producing oil and gas minerals in Washington County, Pennsylvania from an undisclosed seller. Peregrine Managing Director C.J. Tibbs commented, “This... - January 09, 2018 - Peregrine 1031 Energy Partners
New Day Underwriting Managers Promotes Stacy Burrows to Senior Accounting and Underwriting Support Analyst
Stacy Burrows has been promoted to senior accounting and underwriting support analyst at New Day Underwriting Managers LLC, a leading specialty intermediary of high-quality environmental and construction-related professional liability insurance coverage. “Stacy has taken on increasingly more... - January 09, 2018 - R-T Specialty, LLC's Environmental & Construction Professional Practice
MarketPlace Development Announces 2017 Dulles International and Reagan National Airports Annual Concessions Excellence Award Winners
MarketPlace Development, the concessions program manager at Washington Dulles International Airport and Ronald Reagan National Airport, and the Metropolitan Washington Airports Authority are proud to announce their Concessions Excellence Award winners for 2017. Awards were presented to Dulles... - January 08, 2018 - MarketPlace Development
Snyder Building Construction Hires New Senior Project Manager Matt Redick
Matt Redick, Senior Project Manager, joins Snyder Building Construction with nearly 20 years of experience in restaurant and retail construction. He's spent his career based in Denver while managing both local and national projects. - January 06, 2018 - Snyder Building Construction
Miami Riverfront Office Building Sold to Univista Insurance for $10.2 Million
An office building designed by world renowned Oppenheim Architect & Design was sold to Univista Insurance by Paul Silverstein, Sr. Director, and Issabella Silverstein, Director, Commercial Division at RE/MAX Advance Realty & Principals of the Florida Commercial Team, LLC. The Silversteins, who represented both the Seller and Buyer in the transaction, received multiple offers for the property, which is located directly on the Miami River. - January 03, 2018 - Florida Commercial Team
DG3 Locksmithing Announces New Product Release: Reversible Lockkill
The company says this new product is an improvement over the original Lockkill design because it is completely reversible and does not destroy the lock. - December 22, 2017 - DG3 Locksmithing
Citrus County Auctioneer Earns Accredited Auctioneer Real Estate Designation
Christine (Chris) Gendron Dudley, a Licensed Real Estate Broker Associate with Tranzon Driggers recently received her designation as a Accredited Auctioneer Real Estate (AARE) from the National Auctioneers Association’s Education Institute. - December 19, 2017 - Tranzon Driggers
CrowdReviews Partnered with Strategic International Property Show to Join Forces with Strategic Partner
The International Property Show (IPS), the Middle East’s biggest property sales platform for local and international real estate markets, has announced its strategic partnership with MAG Property Development (MAG PD) for the 14th edition of the event. IPS 2018 will run from 9th to 11th April... - December 15, 2017 - CrowdReviews.com
Real Estate Photography Has Been Revolutionized and Realtors Are Saving Thousands
Febre Frameworks, a Real Estate Photography company funds Febre University in order to teach realtors to photograph real estate properties and help realtors cut their marketing costs by almost half. - December 14, 2017 - Febre University LLC
New Day Underwriting Managers Presents “A 2017 Contractors Professional Liability Policy: Assembling the Puzzle” at IRMI Construction Risk Conference
Jeff Slivka, president of New Day Underwriting Managers LLC, recently presented “A 2017 Contractors Professional Liability Policy: Assembling the Puzzle” as a featured speaker at the 37th Annual IRMI Construction Risk Conference held in Indianapolis, Indiana. “The perfect CPrL... - December 14, 2017 - R-T Specialty, LLC's Environmental & Construction Professional Practice
Counsellors Title Agency Opens New Office in Morris County
The new branch is located in Chatham. The office will serve Morris and the surrounding counties. This is the second branch office opened by Counsellors Title Agency in the last 30 days. The other branch office was opened in Freehold, New Jersey, the county seat of Monmouth County. - December 06, 2017 - Counsellors Title Agency, Inc.
Encore Real Estate Investment Services is Pleased to Announce the Sale of a Class "A" Single Tenant Office Building
Brandon Hanna, Ryan Vinco and Deno Bistolarides of Encore Real Estate Investment Services represented the seller in the transaction. - November 28, 2017 - Encore Real Estate Investment Services
Counsellors Title Agency Continues Expansion with Monmouth County Office
Counsellors Title Agency, Inc., www.counsellorstitle.net, is pleased to announce the opening of its newest location at 54 Hudson Street, Suite 201-B, Freehold, NJ 07728, in addition to its headquarters in Toms River, New Jersey. - November 28, 2017 - Counsellors Title Agency, Inc.
Altoma Announces Closing $92,003,500 via 24 Transactions Over 12 Months
Altoma Real Estate Advisors LLC, a CRE debt and equity placement shop based in California, closed $92,003,500 in 23 debt financings and 1 investment sales referral in a 12 month period from mid Nov. 2016 to mid Nov. 2017. The placements include acquisition financing, refinancing and construction financing for new and repeat clients alike, who rely on Altoma for top tier service and certainty of execution, time and time again. - November 24, 2017 - Altoma Real Estate Advisors, Inc.
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
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
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
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