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RealEstateRama staff editor manage to selection and verify the real estate news for State of Florida.

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    CFO Atwater Announces the Arrest of Two West Palm Beach Residents for Attempting to Steal Nearly $750,000 in Unclaimed Property

    Florida Chief Financial Officer Jeff Atwater today announced the arrest Thomas Harry Penquite and Maria Lourdes Gutierrez, both of West Palm Beach, after an Office of Fiscal Integrity investigation discovered that the two allegedly concocted an elaborate scheme designed to steal more than $730,000 from the state of Florida’s unclaimed property program

    Statement by Mayor Bob Buckhorn on Governor Scott’s Support for Funding to Relocate University of South Florida Morsani College of Medicine to Downtown Tampa

    Mayor Bob Buckhorn released the following statement today following Governor Scott’s signing of the 2015 state budget. This year’s budget included funding critical to the relocation of the University of South Florida (USF) Morsani College of Medicine to downtown Tampa.

    Fla.’s Housing Market: Prices Up, Inventory Tighter in May 2015

    Tightening inventory continued to impact Florida’s housing market in May, according to the latest housing data released by Florida Realtors®. Realtors across the state reported rising median prices and fewer days on market for both existing single-family homes and for townhouse-condo properties. Closed sales of existing single-family homes statewide totaled 24,789 last month, up 7.7 percent over May 2014

    Mana Adds Another Property To His Flagler Street Monopoly Board

    Israeli businessman Moishe Mana has purchased a 6,000-square-foot Flagler Street retail property, located close to the corner of East Flagler and NE 1st Avenue. The building, 110 East Flagler, situated on a 6,194-square-foot parcel, was fully occupied at the time of purchase, including tenants 7-11 and Optimy Stik Eyewear.

    UCAP Downtown Water Transmission Main Segment 2

    As part of the City of Tampa’s Downtown Utility Capital Improvement Projects (UCAP), the intersection of W. Fortune St. and N. Macinnes Place will be closed beginning June 23, 2015. Flagmen will be present to guide motorists through the construction work. The intersection will re-open Tuesday, June 30, 2015.

    Mary Yon of Gulf Coast International Properties Sells Old Florida Style Home for $2,976,500

    Gulf Coast International Properties is pleased to announce the sale of 2916 Indigobush Way in Grey Oaks for $2,976,500. Mary Yon represented the seller. This Old Florida style home with more than 6,100 sq. ft. of A/C living space on one level in Grey Oaks is a rare find. Every room is generously proportioned with a huge open kitchen/family room concept which has a lake view and opens directly onto the lanai, full outdoor kitchen, pool and spa.

    Attracting young talent, fostering civic engagement the focus of $250,000 in new support from Knight Foundation for Miami’s 10-mile linear park, The Underline

    To engage residents in community life and create incentives for talented people to live and stay in Miami, the John S. and James L. Knight Foundation today announced $250,000 to support the development of a master plan for The Underline, a proposed 10-mile linear park and urban trail beneath the Miami-Dade County Metrorail. Friends of the Underline, a nonprofit group leading the initiative to transform the underutilized land, will further use the support to engage the public in the design and implementation of the project.

    Household hazardous waste to be collected in the Mount Dora area on June 25

    The Lake County Solid Waste Division is encouraging Lake County residents to dispose of toxic materials in a safe and environmentally sensitive way at an upcoming Household Hazardous Waste Collection event. The County’s Household Hazardous Waste Mobile Unit will be on site from 9 a.m. – noon on Thursday, June 25 at the Walmart parking lot, located at 17030 U.S. Highway 441 in Mount Dora

    Orlando home sales, median price both up 10 percent in May

    Orlando’s housing market is riding its traditional summertime wave of home sales — fueled in part by both low interest rates and more inventory — and posted positive numbers for the month of May. Sales of existing homes increased 10 percent while the median price also increased 10 percent when compared to May of 2014, reports the Orlando Regional REALTOR® Association.

    C&W Announces $100 Million in May Transactions

    Cushman & Wakefield today released its May 2015 transaction report documenting more than 1.9 million square feet of commercial real estate transactions valued at more than $102 million. The details of these transactions can be found below

    Lennar Purchases Second Orlando Multifamily Site

    Cushman & Wakefield announced today that it has assisted Lennar Multifamily Communities in the purchase of approximately 13.54 acres of land near the Mall at Millenia. Senior Director Jay Ballard and Director Ken Delvillar of Cushman & Wakefield’s Multifamily Advisory Group represented Lennar in the transaction with an unnamed seller

    C&W’s Spencer Brokers RomaCorp Office Relocation

    Cushman & Wakefield announced today that Director Anne Spencer has assisted RomaCorp, the corporate entity behind the Tony Roma’s restaurant chain, in leasing 8,820 square feet of office space in the Rosemont Building at Orlando University Center.

    Two National Companies Ink 34,000 SF In Lease Deals

    Nashville, Tennessee-based Hospital Corporation of America (HCA)(NYSE: HCA), a for-profit operator of health care facilities and largest such operator in the world, announced that it has leased a new, state-of-the-art, medical buildings at Lake Whitney Medical and Professional Park, located at 291 NW Peacock Blvd. in Port St. Lucie West, within Lake Whitney Medical and Professional Campus. The Campus is situated on over 15 lake-front acres in the heart of St. Lucie West’s retail, restaurant and entertainment district.

    C&W Brokers Sale of Two Orlando Distribution Centers

    The industrial brokerage team of Associate Director Jared Bonshire and Senior Associate David Perez brokered the sale of Southport Center and Palmbay Center. Bonshire and Perez represented the buyer in the transaction, High Street Realty Company. The seller was Southport Center @ AIPO LLC and Palmbay Center @ AIPO LLC

    Royal Palm Properties Sells Same House Three Times in Fifteen Months for a Higher Price Each Time

    324 Fan Palm Road was completed in February of 2014 and sold by Royal Palm Properties on March 10, 2014 for $3,615,000. The home is located in the prestigious Royal Palm Yacht & Country Club in Boca Raton, Florida and sits on an oversized corner lot with southern exposure and views of the world famous Boca Raton Resort & Club. Featuring five bedrooms, six bathrooms and 6,671 square feet under air, this home is perfect for famil

    Lake County Fire Rescue to participate in Fire/EMS Safety Week

    Lake County Fire Rescue is participating in the 2015 International Fire/EMS Safety and Health Week from June 14-20. Safety and Health Week is a joint initiative of the International Association of Fire Chiefs (IAFC) and the National Volunteer Fire Council (NVFC) and is supported by a network of emergency service, health and safety organizations.

    All Lake County emergency shelters are now pet-friendly

    Nearly two weeks into the 2015 Atlantic hurricane season, Lake County Emergency Management officials are excited to announce that all nine of the county’s emergency shelters are now pet-friendly.

    Rubio Application Process For Service Academy Nominations Now Open

    With schools out for the summer, U.S. Senator Marco Rubio (R-FL) is inviting Florida students who wish to be nominated for a service academy to apply using the process outlined on his website. The four service academies requiring a congressional nomination include the U.S. Military Academy, U.S. Naval Academy, U.S. Air Force Academy and U.S. Merchant Marine Academy

    Rubio’s Office To Host Mobile Office Hours

    The office of U.S. Senator Marco Rubio (R-FL) today released a list of upcoming Mobile Office Hours throughout Florida. Each week, Rubio’s staff offers a variety of constituent services, assisting people with a wide range of issues, including problems with Social Security, Medicare, Veterans Affairs, and more.

    Yoho Votes NO on TPA

    Congressman Ted S.Yoho (R-FL-03) voted against granting Trade Promotion Authority (TPA/ “Fast Track”) to the Obama Administration. This bill would, grant the administration the authority to negotiate trade agreements subject to a number of requirements and objectives. Congressman Yoho gave the following statement

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