Florida State Government and Public Real Estate News

Central Florida real estate occupied by e-commerce retailers, parcel delivery firms, and transportation/logistics companies hit an all-time high in 2014, according to a new report by CBRE Group, Inc., and demand from those users is projected to surge over the next three years
Beginning Monday, June 8, Lake County’s Housing Services will be permanently relocated to a new office in the Citrus Rail Plaza, located at 2008 Classique Lane, Tavares. All services formerly offered at the previous office on Sinclair Avenue will be moved to the new location. This includes Section 8, home ownership and repair assistance, CDBG and SHIP assistance.
CBRE Capital Markets’ Debt & Structured Finance team originated a $3.5 million loan to re-finance a ground lease of a future Walgreens location on Atlantic Avenue in Delray Beach, Florida.
The MIAMI Association of REALTORS® (MIAMI), the nation’s largest local Realtor association with 35,000 members, is pleased to announce its latest staff addition, Ana Maria Rodriguez as Vice President of Government Affairs
Miami’s single-family home market registered its most robust sales month since December, and median sales prices for all housing types rose in April, according to a new report by the 35,000-member MIAMI Association of REALTORS® (MIAMI) and the local Multiple Listing Service (MLS) system.
“Insisting that the Castros pay back Americans for property they stole should be non-negotiable in any talks to normalize relations with Cuba,” Rooney said. “It’s bad enough that, if the President gets his way, American trade and travel dollars will be used to prop up the Castro regime and repress the Cuban people. The least we can do is make sure those profits aren’t earned on property stolen from American citizens and businesses and never settled.
Coup joins the existing team of Senior Director Mercedes Angell, Senior Director Paula Buffa, Senior Director James Moler, Director Jeff Lanning, Director Barry Oaks, and Associate Brian Breeding – all operating under the auspices of Managing Director of Investor Services Tim Rivers.
CFO and State Fire Marshal Jeff Atwater, alongside Miami-Dade State Attorney Katherine Fernandez Rundle, today announced 30 more arrests made during the second wave of a collaborative state and local operation known as “Operation Flames and Floods.” The investigation exposed an extensive scheme in which a Miami public adjuster named Jorge Espinosa recruited homeowners to stage fire and water damage claims in residential homes in order to defraud multiple insurance companies.
At the request of Congresswoman Lois Frankel (FL-22), the House Transportation & Infrastructure Committee unanimously passed a resolution requiring the General Services Administration (GSA) to investigate the feasibility of constructing a new federal courthouse in Fort Lauderdale and report back within the next four months
Today, Congresswoman Eddie Bernice Johnson and Congressman Alcee Hastings (D-FL), founding co-chairs of the Congressional Homelessness Caucus hosted a briefing titled “Successful Community Models in Housing and Homeless Shelters.”
Cushman & Wakefield today released its April 2015 transaction report highlighting more than 3.1 million square feet of commercial real estate transactions valued at more than $166 million. The details of these transactions can be found below.
CBRE Capital Markets arranged the sale of Laguna Oaks, a 360-unit gated community in Orlando, Florida. Located at 3211 S. Semoran Blvd., the lakeside property was acquired from Ram Realty Services by Avesta Communities for $29.15 million. CBRE’s Shelton Granade, Luke Wickham and Justin Basquill exclusively represented the seller in the transaction.
Just miles from where NASA launches rockets to explore the final frontier, wind power developers, manufacturers, workers, executives and more from around the world gather today for a four-day exploration into what’s next for wind energy in the U.S. The WINDPOWER 2015 Conference & Exhibition of the American Wind Energy Association (AWEA) kicks off this afternoon, following election of new leadership this morning by AWEA’s Board of Directors.
A renovation and modernization project began this weekend at Tampa’s Fifth Third Center, a boutique office property located at 201 East Kennedy Boulevard in Tampa, FL. Property owners Fairlead Commercial Real Estate and Bridge Investment Group Partners have committed $1.5 million toward capital improvements aimed at refreshing the building’s exterior and interior areas, enhancing tenant amenities and delivering new speculative office suites.
Industry Best Practices Will Help NYDFS Work with Local Officials to Curb Blight, Reduce Taxpayer Costs, and Shore up Property Values. Wells Fargo, Bank of America, Citigroup, and Other Companies Representing Nearly 70 Percent of the NY Market to Adopt Zombie Property Best Practices
CBRE has arranged a lease for Prime Cigar & Whiskey Bar at 1100 Millecento, the recently completed, 42-story residential tower at 1100 South Miami Avenue in Miami. The Boca Raton-based Prime, which describes itself as a “gathering place, a destination and a sanctuary…for premium cigars, fine spirits, and friends” will occupy approximately 4,800 square feet in the mezzanine level of the building; there are approximately 17,500 square feet of retail space in total on the ground and mezzanine levels
United States Attorney A. Lee Bentley, III announces the return of an indictment charging David W. Griffin (44, Lutz) with one count of mail fraud, nine counts of bankruptcy fraud, two counts of making a false statement under oath during a bankruptcy proceeding, and one count of aggravated identity theft. If convicted, he faces up to 20 years in federal prison for the mail fraud charge, and up to five years on each of the bankruptcy fraud and false statement charges.
CBRE arranged the $27.2 million sale of Vizcayne Retail - 55,000-square-foot of ground floor retail plus 126 dedicated parking spaces located at the base of two 49-story condominium towers at the intersection of Biscayne Boulevard and N.E. 2nd Street in Downtown Miami. The property was acquired by an affiliate of Stoltz Real Estate Partners, based in Bala Cynwyd, PA. CBRE’s National Retail Investment Group
U.S. Representative Tom Rooney (FL-17) issued the following statement on legislation under consideration in the House today to block an EPA proposal that would give the agency unprecedented new authority to regulate bodies of water on private property, including ditches and farm ponds
The Lake County Board of County Commissioners is continuing to host several budget workshops through the end of June on various topics related to governmental operations. On Tuesday, May 19, Commissioners will hear presentations on housing services and solid waste.
Attorney General Pam Bondi Announces New Procedures Banks Must Follow to Help Distressed Homeowners Seeking Relief Under National Mortgage Settlement

~The Banks Are Implementing New Procedures to Reduce Loan Modification Delays, Improve Communication with Borrowers, and Avoid Multiple Requests for Documents~

TALLAHASSEE, FL – October 2, 2013 – (RealEstateRama) — Attorney General Pam Bondi, along with her colleagues on the National Mortgage Settlement Monitoring Committee, today announced that Bank of America and Wells Fargo have agreed to implement new procedures designed to address possible violations of the national mortgage servicing settlement. These improvements come in response to concerns expressed by Attorney General Pam Bondi earlier this year, which were based upon complaints from distressed borrowers, housing counselors, legal aid groups, and foreclosure defense lawyers that the banks were falling short of meeting the servicing standard requirements set forth in the National Mortgage Servicing Settlement. ALLRMC.COM more »

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