Florida RealEstateRama

The National Congress of Black Women, Inc. (NCBW) supports the efforts of the Consumers for Smart Solar. As stated in our Amicus Brief filed at the Florida Supreme Court on June 10, 2015, the NCBW opposes the Floridians for Solar Choice (FSC) Solar Ballot Initiative because the proposed amendment, if approved, will have a recurring detrimental financial impact on Black women, their families and communities in particular, as well as generally upon members of the public dependent upon electric utility service

CBRE arranged the sale of Venture Corporate Center, a three-building office community located at 3440 Hollywood Blvd. and 200-300 S. Park Road in Hollywood, Florida. The property, which is improved with three office buildings totaling approximately 253,000 rentable square feet, was acquired from MetLife Real Estate Investors by Dividend Capital Trust

Florida Attorney General Pam Bondi is leading 16 other attorneys general in a legal action against the United States Environmental Protection Agency for illegally invalidating the individual air quality protection plans in those states. In June, the EPA issued a final rule requiring 35 states, including Florida, to revise their individual State Implementation Plans governing carbon emissions during power plant Startup, Shutdown or Malfunction.

With the release of year-over-year market statistics for the 2nd quarter, we saw trends of consumer confidence in the single family homes sector. Closed sales increased 13.2 percent to 5,383 transactions, and median sale price increased 5.6 percent to $299,900. Meanwhile, median days on market dropped 20.8 percent to 42 days. Also, inventory decreased 7.4 percent to 6,726 active listings, and months’ supply decreased 21.9 percent to 4.5 months

Cushman & Wakefield announced today that it has brokered the sale of Forum Corporate Park II, a 60,777-square-foot Class A office building in Fort Myers, Florida. Senior Director Rick Brugge, Executive Director Mike Davis, Senior Director Michael Lerner, and Songy Highroads Regional Director Robert Brooks represented ownership in the transaction. Holden Properties was the buyer.

CRE Rauch Lupo Robertson, a CRE Florida Partners Company, is pleased to announce the addition of David Walsh to its South Florida team. Walsh has joined CRE as a Multifamily Specialist in our Boca Raton office as Senior Investment Associate. In his new role, Walsh will lead and build the firm’s multi-family businesses in South Florida

CBRE is pleased to announce that José Lobón has been promoted to Vice President. Lobón, who joined CBRE in 2011, is a member of CBRE’s Capital Markets, Institutional Properties team based in Miami. He helps advise many of the largest U.S. real estate investors on their investment, disposition and capitalization strategies.

Lake County’s Building Services Division is hosting two public workshops in August seeking to inform builders and contractors about the state’s new building codes. The “Stucco Failure Workshop” will be held from 8-10 a.m. on Friday, Aug. 14 at the Lake County Agricultural Center, 1951 Woodlea Road, Tavares.

As flood waters in the Tampa area slowly begin to recede, many residents now face a multitude of insurance-related issues as they survey damages to their homes and vehicles. CFO Jeff Atwater is offering assistance to area residents as they navigate the insurance claims process.

Chief Financial Officer Jeff Atwater today announced that the 2015 unclaimed property auction held last Saturday in Jacksonville raised $1.53 million for Florida’s public schools. While entrusted in the state’s care, all unclaimed property funds are placed into the state’s public education trust fund where they support the greater good until claimed.

To kick start the 2015 Florida unclaimed property auction activities, the Department of Financial Services hosted a live two-hour phone bank yesterday at television studio WJXT in Jacksonville. During that time, viewers were encouraged to call in and check for unclaimed property accounts in their name. In less than 18 hours, more than 5,000 individual accounts were found in the Jacksonville area worth a combined total of more than $1 million.

This week, CFO Jeff Atwater and the Department of Financial Services will host the 2015 Florida Unclaimed Property Auction at the Jacksonville Marriott. Media opportunities begin today, July 30, with the delivery of an unclaimed property check to a local Jacksonville woman. The auction’s public preview will be held Friday, July 31, and the live auction will be held Saturday, August 1. In addition to the media opportunities listed below, interviews can be arranged by request.

Congressman Alcee L. Hastings (D-FL), Co-Founder and Co-Chairman of the Congressional Homelessness Caucus, hosted a briefing with Congresswoman Eddie Bernice Johnson (D-TX), and the National Coalition of the Homeless. The briefing addressed the importance of providing unhoused families with support to address trauma and how trauma-informed care can be an effective model in helping families heal, while combating homelessness. Hastings made the following statement at the briefing

Cushman & Wakefield announced today that it has assisted Bridge Development Partners in its efforts to acquire and develop more land for Bridge Point Crossroads (BPC), the Chicago-based developer’s latest industrial project in Hialeah Gardens, Florida.

Florida Chief Financial Officer Jeff Atwater and the Florida Bureau of Unclaimed Property are gearing up for their next auction Saturday in Jacksonville. The items featured are taken from safe deposit boxes that go unclaimed by the families of people who died in Florida.

The purpose of Community Advisory Committees is to insure that the interests of residents, property owners, businesses and other stakeholders in the area are represented in key decisions. Community Advisory Committees provide input and make recommendations to City staff and the Community Redevelopment Agency concerning their respective areas

Cushman & Wakefield announced today that Director John K. Criddle has brokered ±30,000 square feet of new office leases at Cypress Executive Center, a six-story, 140,635-square-foot office building located at 1901 West Cypress Road.

CBRE arranged the sale of University Commons, a 79,998-square-foot, multi-tenant retail center located at 6702-6852 N. University Drive in Tamarac, Florida. Bar Invest Group, Inc. purchased the property for $10,700,000. The seller was University Commons, LLC, affiliated with Boca Raton-based Pebb Enterprises, which hired CBRE to market the asset for sale and negotiate the transaction

CBRE Capital Markets’ Debt & Structured Finance originated $13.75 million in financing for PointOne Holdings’ $17.8 million acquisition of Southwinds Stockbridge, a 240-unit multifamily residential community in the greater Atlanta, Georgia, metropolitan area. PointOne Holdings will rebrand the community as Southwinds Point

Franklin Street announces the sale of Wildwood Villa Apartments located at 600 Wildwood Way in Clearwater, Florida for $810,000. This sales price represents $45,000 per unit. Zachary Ames, Darron Kattan, Kevin Kelleher, and Robert Goldfinger of Franklin Street, represented both the seller, a private partnership based out of Tampa Bay and the buyer, a Canadian-based investor, during the transaction.