Recent Headlines
DoubleTree Largo/Washington DC Rings in Wedding Season with Bridal Showcase
Love is in the air -- but a perfect wedding is in the details. That's why DoubleTree Largo/Washington DC, a full-service hotel managed by OTO Development, rings in the wedding season with its annual Bridal Showcase. This fun, free event offers engaged couples an opportunity to check out a variety of products and services from Washington DC-area wedding vendors. - February 15, 2018 - OTO Development
Rainmaker Analytics Announces Launch of New Commercial Real Estate Loan & Investment Loss Protection Program for Higher-Risk Investments
The INVIZEN IT Real-Time Status Asset Care Protection Program (“RTS”) design focuses on helping mortgage lenders dramatically reducing loan and investment losses for commercial income-producing property transactions, potentially saving billions of dollars annually. - January 31, 2018 - Invizen It
Basic Steps Mental Health Opens
Announcing the opening of Basic Steps Mental Health. It is an alternative approach to 12 Step recovery. One in five people in Snohomish and King County have a mental health or substance use issue that warrants professional care. This is a dual diagnosis clinic that uses proven Psychological tools to address underlying core issues at their root. No shame, no guilt, only compassion is used. - January 14, 2018 - Basic Steps Mental Health, SPC
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
South Carolina’s First AC Hotel by Marriott Opens in Spartanburg
AC Hotels by Marriott, the European-inspired, simplistic, elegant brand for the modern traveler, has announced the opening of AC Hotel Spartanburg, the brand’s first location in South Carolina. AC Hotel Spartanburg is locally owned by the Johnson family and operated by OTO Development, a Johnson Management company. - December 20, 2017 - OTO Development
LichtensteinRE Just Sold Three Contiguous Properties in Bronx, New York
This three building package was sold for $10,700,000, cash record price. - December 08, 2017 - LichtensteinRE
LichtensteinRE Has Just Sold an Industrial Warehouse in Hunts Point, South Bronx, NY for a Record Price of $7,325,000 to The Wonderful Company
LichtensteinRE has just successfully sold an industrial manufacturing refrigerated and freezer distribution warehouse located at 1123 Worthen Street in Hunts Point, South Bronx, New York, 10474. The property was sold for a record price of $7,325,000 all cash. Back in 2008 Gourmet Guru a gourmet... - December 07, 2017 - LichtensteinRE
OTO Development Announces Plans for AC Hotel Bethesda
OTO Development is building its sixth AC Hotel by Marriott in the heart of downtown Bethesda MD – part of an ambitious mixed-use development and just a few short blocks away from Marriott International’s future global headquarters. - November 11, 2017 - OTO Development
Largo MD's First Homewood Suites by Hilton Breaks Ground
$20 million extended stay project in DC region is owned by Frontier Development & Hospitality Group and managed by OTO Development, a Johnson Management company. - November 08, 2017 - OTO Development
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
Wellington Realty Announces Sale of Cedar Ridge Townhomes
Purchaser Acquires Multifamily Property in Hurst, Texas - November 04, 2017 - Wellington Realty
"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
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
AD1 Global Buys Florida Capitol Hotel
AD1 Global, a hotel investment, acquisition and development company recently announced the purchase of the Wyndham Garden Tallahassee Capitol hotel. This is the second acquisition in a week for the burgeoning hospitality company. AD1 also purchased the Quality Inn Royale Parc Suites Orlando by... - September 28, 2017 - AD1Global
AD1 Global Purchases Another Hotel Near Disney Orlando
AD1 Global, a hotel investment, acquisition and development company announced today the purchase of the Quality Inn Royale Parc Suites Orlando by Choice Hotels, located at 5876 W. Irlo Bronson Hwy in Kissimmee, Florida. "This investment presented a unique opportunity to acquire another hotel... - September 20, 2017 - AD1Global
Pangea Mortgage Capital Funds $1.0 Million Construction Loan
Pangea Mortgage Capital (“PMC”) Closes $1.0 Million Deal - September 06, 2017 - Pangea Properties
Pangea Mortgage Capital Closes $10.0M Hotel Deal in Eight Days
Pangea Mortgage Capital funds hotel in Canada. - August 30, 2017 - Pangea Properties
OTO Development Makes Inc. 5000 List – for the 6th Time
OTO Development makes the 2017 Inc. 5000 list of the fastest-growing private companies in America – for the 6th time – and earns a spot on the “honor roll” of repeat honorees. - August 30, 2017 - OTO Development
OTO Development Earns 45 TripAdvisor Certificates of Excellence
Forty-five of OTO Development's owned and managed properties have earned the 2017 TripAdvisor Certificate of Excellence for consistently garnering positive guest reviews. - August 17, 2017 - OTO Development
Fort Property Solutions Moves to Denver
Fort Property Solutions provides house and properties buying platforms for Americans. - August 10, 2017 - Fort Property Solutions
Guilford College Shooting Guard Practices (Career) Goals at AC Hotel Chapel Hill
OTO Development’s soon-to-open AC Hotel Chapel Hill Downtown partners with the grassroots EmPOWERment program as part of its commitment to engaging the local community. This connection brought Leonard McNair to the OTO team for a summer internship, giving the Guilford College junior – who’s a shooting guard on the Quaker’s Varsity squad and a future entrepreneur – an opportunity to work on his career goals. - August 09, 2017 - OTO Development
AD1 Global Purchases Strategic 10-Acre Palm Bay Parcel
AD1 Global announced today that it has purchased an approximately 10-acre tract of land in the heart of Palm Bay, Florida, for hotel and commercial development. The project envisages two hotels and several retail shops and restaurants adjacent to the current Space Coast Harley-Davidson Dealership... - July 26, 2017 - AD1Global
Wellington Realty Announces New Additions to the Leadership Team
Wellington Realty, of Dallas, TX, Announces Two New Additions to the Leadership Team. - July 26, 2017 - Wellington Realty
Wellington Realty Announces Sale of The Falls Apartments
Purchaser Acquires 208-Unit Property in Dallas, Texas - July 15, 2017 - Wellington Realty
Wellington Realty Announces Sale of La Bella Palms Apartments
Purchaser Acquires 117-Unit Property in Dallas, Texas - July 12, 2017 - Wellington Realty
OTO Development Adds 7 Properties to Managed Portfolio
OTO Development expands consistently via smart developments and savvy operations – for itself as well as an increasing number of hotel ownership groups. Lending its expertise to third-party management clients ranging from publicly traded REITs to private equity firms to high net worth individuals, the Spartanburg SC-based hospitality company recently added 7 new management contracts in key urban markets. - July 11, 2017 - OTO Development
SRS Negotiates the Sale of Firestone Complete Auto Care Location in Peoria, AZ
SRS Real Estate Partners (SRS) is pleased to announce the sale of the 7,080 SF Firestone Complete Auto Care positioned on the northwest corner of Lake Pleasant Parkway and Happy Valley Road in Peoria, AZ. - July 08, 2017 - SRS Real Estate
SRS Facilitates Sale of Phoenix Infill Development Site
Land to be Developed as Staybridge Suites - July 07, 2017 - SRS Real Estate
AD1 Global Earns Several TripAdvisor Certificates of Excellence
AD1 Global announced today that it has received a TripAdvisor Certificate of Excellence for the Best Western International Drive, Comfort Inn International Drive, Holiday Inn Savannah S I-95 Gateway and Candlewood Suites Ft. Myers-Sanibel Gateway hotels. The achievement celebrates hospitality... - July 06, 2017 - AD1Global
Art of the Name Game: AC Hotel Spartanburg Names Meeting Rooms in Honor of Featured Artists
Picking the perfect name is an art … sometimes literally. The designations AC Hotel Spartanburg chose for its meeting rooms -- Albers, Asawa and Noland – celebrate four of the diverse artists whose works will be on display at the soon-to-open hotel. - June 30, 2017 - OTO Development
Equity Holders and Club Members of Exclusive Member-Owned Country Club of Palm Beach County Florida Can Now Breathe Easier
The board members of Indian Spring Country Club can now enjoy their club and lifestyle and breathe a sigh of relief knowing they made the right decision to sell their club and choosing the right brokerage to represent their interest confidentially. Hilda W. Allen said, knowing what the owners want and protecting the exclusive listing when deciding to sell a member-owned business is one of many of her specialties. - June 29, 2017 - Hilda W Allen Real Estate Inc
Pangea Properties Hires Daniel Sobelman to Join Its Real Estate Investments and Lending Platforms
Pangea Properties, a real estate investment and management company, announces the appointment of Barnett Capital’s former managing director, Daniel Sobelman, as Director of Investments. In his new role as Director of Investments, Sobelman will assist the current team with the continued... - June 28, 2017 - Pangea Properties
Resource Royalty, LLC Goes “Full-Cycle” on Closing Fund
Resource Royalty, LLC, an investment company founded by Gary Redwine and Bob Howard in 2010, announces the divestment of Resource Royalty Fund, LLC (2011)—making it the first fund to go “full-cycle.” Resource Royalty Fund, LLC (2011) distributed 61% to its limited partners over a... - June 26, 2017 - Resource Royalty LLC
SRS Facilitates Waldo’s BBQ Expansion to Gilbert
The Mesa-based Restaurant Opens Second Full-Service Restaurant in East Valley - June 24, 2017 - SRS Real Estate
Eagle Commercial Realty Services Announces Medical Office Sale
Scott Angell, Associate of Eagle Commercial Realty Services Sells Medical Office Property - June 22, 2017 - Eagle Commercial Realty Services
World’s Largest Resource for OCD Comes to San Francisco
More than 1,600 people will attend the International OCD Foundation's 24th Annual OCD Conference, which will be held this summer in San Francisco. Running July 7 - 9 at the San Francisco Marriott Marquis, the OCD Conference is the world's largest event dedicated to obsessive compulsive disorder... - June 21, 2017 - International OCD Foundation
OTO Development Wins Hilton Developer of the Year Award
OTO Development won Hilton’s Developer of the Year Award in the Focused Service category. The Spartanburg SC-based company was recognized for four Hilton-branded properties in California that opened in 2016: Hampton Inn & Suites LAX El Segundo, Hampton Inn & Suites Napa, Hilton Garden Inn Burbank Downtown and Hampton Inn & Suites Los Angeles/Santa Monica. OTO recently received Marriott International’s CONNECT Developer of the Year Award as well. - June 21, 2017 - OTO Development
AC Hotel Spartanburg Announces Rooftop Restaurant Partner
Much-anticipated "Level 10" restaurant comes to AC Hotel Spartanburg rooftop, putting Southern twist on European-inspired dining with small plates and specialty cocktails. - June 17, 2017 - OTO Development
SRS Real Estate Partners Presents Fully Leased Arrowhead Retail Shops, Offers Investment Opportunity
SRS Real Estate Partners (SRS) is pleased to present the newest addition to the Arrowhead Trade Area in Peoria, Arizona – Arrowhead Retail Shops at the southeast corner of Bell Road & 75th Avenue. The brand new 9,900 square foot multi-tenant building has five new regional and national... - June 14, 2017 - SRS Real Estate
LichtensteinRE Just Sold and Resold a Brand New Renovated Multifamily Property in Yonkers, Westchester for $999,000 Cash
Andrew Lichtenstein, President of LichtensteinRE, has just successfully sold and resold the property located at 56 Groshon Avenue in Yonkers, Westchester, for $999,000 all cash negotiating the price down from the original asking price of $1,175,000. This Yonkers property is a completely renovated... - June 13, 2017 - LichtensteinRE
SRS Negotiates the Sale of The Shops at Arizona in Anthem
SRS Real Estate Partners is pleased to announce the purchase of The Shops at Arizona on behalf of their client Abington Emerson Investments, LLC. The shopping center is located at the northeast corner of Anthem Way and Gavilan Peak, in a growing area of Anthem, AZ and sold for $2.625 million. The... - June 10, 2017 - SRS Real Estate
Groundbreaking for University of Pennsylvania's $1.5 Billion Hospital Pavilion
The University of Pennsylvania announced the groundbreaking for the construction of a new $1.5 billion hospital facility, called the Pavilion, on Penn Medicine’s campus, which will be planned, designed, constructed, and equipped by PennFIRST, an Integrated Project Delivery (IPD) team. As a... - June 09, 2017 - Covalus
SRS Real Estate Partners Facilitates the Newest Dollar Tree Location in Chino Valley, AZ
SRS Real Estate Partners (SRS) is pleased to announce Dollar Tree Stores has leased a new location in Chino Valley. The 10,000 square foot new retail space is located at 1950 State Highway 89 and is positioned at the northwest corner of Outer Loop Road and State Highway 89. This location is now... - June 08, 2017 - SRS Real Estate
SRS Real Estate Partners Facilitates Gilbert Growth with Multiple Tenant Additions to Pecos & Higley
SRS Real Estate Partners (SRS) is pleased to announce the growth of lifestyle center, Pecos & Higley, in Gilbert. - May 27, 2017 - SRS Real Estate
SRS Real Estate Partners Facilitates Health Food Provider, ProteinHouse with Third Arizona Location
SRS Real Estate Partners (SRS) is pleased to announce ProteinHouse has leased a 2,400-square-foot site for their newest Arizona franchise location in Gilbert. This new addition to the ProteinHouse portfolio is located at the southwest corner of E. Pecos and S. Higley Roads. The anticipated opening... - May 27, 2017 - SRS Real Estate
OTO Development is First in South Carolina to Incorporate Cross-Laminated Timber Into Commercial Project
OTO Development is the first in South Carolina to incorporate cross-laminated timber -- a sustainable wood product -- into a commercial project. The hotel developer used CLT for a Home2 Suites by Hilton located in Mount Pleasant/Charleston. - May 26, 2017 - OTO Development
OTO Development's AC Hotel Chapel Hill Project Incorporates Modular Construction
OTO Development's new AC Hotel in Chapel Hill NC is incorporating modular construction into its build process. Guestrooms were built in a factory in Liverpool PA, then trucked to the jobsite and stacked into place. This is only the second Marriott-branded hotel in the US – and the first on the east coast – to go modular. - May 24, 2017 - OTO Development
SRS Promotes Sean Thomas to Vice President
SRS Real Estate Partners is proud to announce the promotion of Sean Thomas to Vice President. Sean has consistently been a top producer for the Phoenix office specializing in retail investment sales. He has a proven track record helping clients in valuation, marketing, negotiation, and escrow... - May 22, 2017 - SRS Real Estate
SRS Real Estate Partners Assists in Expansion of Local Ballet Barre, TenPoint5, to North Phoenix
SRS Real Estate Partners is pleased to announce the expansion of Phoenix-based ballet barre studio, TenPoint5, to Red Development’s Shops at Norterra located in North Phoenix at the northeast corner of Happy Valley Road and I-17. The 1,400 SF space will be the newest addition to the Valley... - May 19, 2017 - SRS Real Estate
Makeover Brings Modern Vibe to SpringHill Suites Irvine
Renovation project updates popular SpringHill Suites Irvine, an all-suites property featuring indoor heated pool, fitness center and business center. - May 17, 2017 - OTO Development