Miami Real Estate Market Continues Strong Performance in 4Q
As evidenced by record sales activity in 2014, the Miami real estate market continued to perform robustly in the fourth quarter due to renewed consumer confidence and increasing demand from both domestic and international buyers, according to the 36,000-member MIAMI Association of REALTORS (MIAMI) and the local Multiple Listing Service systems.
House Passes One-Year Extension of Mortgage Debt Forgiveness Tax Relief
On Dec. 3, 2014, the House of Representatives passed H.R. 5771, the Tax Increase Prevention Act of 2014, by a strong bipartisan vote of 378-46. The Senate has not yet acted on the tax extenders, but is expected to do so the week of Dec. 8. Please visit the Mortgage Debt Cancellation Relief page on realtor.org for any developments in the coming week
Edward Redlich elected as President of SIOR Florida Chapter
The ComReal Companies are proud to announce that Edward Redlich is now serving as President for 2014-2015 of the Society of Industrial and Office Realtors® (SIOR) Florida Chapter which is comprised of nearly 200 members. Redlich has had a leadership role with the Chapter for the past several years and was elected as President at their Fall meeting
CFO Atwater Announces Arrest of Miami Bail Bondsman on Grand Theft Charges
Florida CFO Jeff Atwater today announced the arrest of Miami bail bondsman David Rodriguez, 47, on grand theft charges. The arrest follows a joint investigation by the Department of Financial Services’ Division of Insurance Fraud and its Division of Agent & Agency Services into a 2013 incident in which the defendant stole $16,000 that was supposed to pay a client’s bond
Congresswoman Frederica S. Wilson Hosts Town Hall Meeting Tonight to Address Escalating Violent Crime...
Miami, FL - November 7, 2014 - (RealEstateRama) -- Congresswoman Frederica S. Wilson (FL-24) will host a town hall meeting tonight at 6:00 p.m. to 8:00 p.m. at the Liberty Square Community Center to talk with residents about the Miami-Dade County and City of Miami Police Departments’ efforts to combat rising violent crime in and around the Liberty Square Housing Project. Miami-Dade County Commissioner Audrey Edmonson, City of Miami Commissioner Keon Hardemon, Miami-Dade County Police Director J.D. Patterson, other community leaders and activists will join Congresswoman Wilson to address residents’ concerns and find solutions
Cheryl Howell, Housing Services Manager, receives Timex Award for public service dedication
Cheryl Howell, Lake County Housing Services Manager, was recently given the Michael D. Smith Timex Award at the Florida Community Development Association’s Annual Conference for her dedication to improving access to housing, economic opportunities and public services
CBRE ARRANGES $56 MILLION IN FINANCING FOR CLASS A OFFICE TOWER IN...
Fort Lauderdale, FL - October 6, 2014 - (RealEstateRama) -- CBRE Capital Markets' Debt & Structured Finance team announced that it has arranged $56 million in first mortgage bridge financing for One East Broward Boulevard, a 343,551-square-foot, Class A office tower in Fort Lauderdale, Florida
CBRE ARRANGES 510,443 SF LEASE FOR NEW GE OIL & GAS MANUFACTURING PLANT IN...
Jacksonville, FL - October 2, 2014 - (RealEstateRama) -- CBRE arranged a 510,443-square-foot lease for GE Oil & Gas to occupy a new advanced manufacturing plant in the Alliance Florida at Cecil Commerce Center in Jacksonville, FL. GE Oil & Gas is a world leader in advanced technology equipment and services for all segments of the oil and gas industry, from exploration & production to downstream. The company has signed a multi-year lease for the property owned by Hillwood Investment Properties to commence on November 1, 2014.
Suffolk Construction to Move to One Biscayne Tower
Miami, FL, - September 30, 2014 - (RealEstateRama) -- Taylor & Mathis of Florida has signed Suffolk Construction to a lease at Miami’s One Biscayne Tower. Suffolk Construction is relocating from the airport submarket and expanding their offices into nearly 15,000 square feet downtown.
CBRE TAPPED TO MARKET WEST PALM APARTMENT COMMUNITY
West Palm Beach, FL - September 23, 2014 - (RealEstateRama) -- CBRE has been engaged to market a 202-unit apartment community with resort-style amenities in West Palm Beach, FL. Spanning 11.6 acres at 2111 Brandywine Road, Village Place offers an opportunity to acquire a top-performing, fully stabilized asset with value-add potential
CBRE ARRANGES SALE OF NEW FREESTANDING TRIPLE NET LEASED BANKUNITED INVESTMENT PROPERTY IN FORT...
Fort Lauderdale, FL - September 22, 2014 - (RealEstateRama) -- CBRE’s Net Lease Property Group completed the sale of a new long-term net leased Bank United investment property located at 1730 East Sunrise Boulevard in Fort Lauderdale, FL. The buyer, 859-877 Realty Associates, LLC., purchased the property for $3,800,000 from 1730 Sunrise LLC. CBRE represented the seller in the transaction
INFORMATION SECURITY COMPANY TO DOUBLE IN SIZE
Pompano Beach, FL - September 17, 2014 - (RealEstateRama) -- CBRE has arranged a 34,806-square-foot lease for Shred-it at Prologis’ Pompano Industrial Center I, located at 1300 NW 22nd Street, Pompano Beach, Florida. Shred-it is an information destruction company, serving more than 300,000 global, national and local businesses with over 140 branches located in 18 countries around the world. The company will move from its current 15,000-square-foot location at 3550 Gateway Drive in Pompano Beach to assume occupancy on Dec. 1, 2014.
CBRE ARRANGES SALE OF NEW TROPHY SINGLE-TENANT NET LEASE BANK OF AMERICA IN FORT...
Fort Lauderdale, FL - September 8, 2014 - (RealEstateRama) -- CBRE’s Net Lease Property Group completed the sale of a new long-term net leased Bank of America investment property located at 4901 North Federal Highway in Fort Lauderdale, FL. The buyer, Bayrock Investment Co., purchased the property for $9,265,000, from 4901, LTD. CBRE represented the seller, Fort Lauderdale-based Trion Group, in the transaction.
Public Works urges citizens to protect their property from flooding hazards
TAVARES - August 19, 2014 - (RealEstateRama) -- Flooding causes more property damage in the United States than any other type of natural disaster, and the Lake County Public Works Department is urging homeowners to be sure they are protected
Community-development conference kicks off in Orlando; 2,100 professionals, $1.84 million in economic impact expected
Orlando, FL - August 12, 2014 - (RealEstateRama) -- A $1.84 million boost is coming to the Orlando economy when more than 2,100 community development professionals from around the country convene in the city for the NeighborWorks Training Institute (NTI) Aug. 18-22. The conference is hosted by NeighborWorks America, a national, Congressionally chartered nonprofit that creates opportunities for people to live in affordable homes, improve their lives and strengthen their communities
Tampa Law Firm Sued for Mortgage Rescue Scam
TALLAHASSEE, Fla.- August 11, 2014 - (RealEstateRama) -- Florida Attorney General Pam Bondi and Connecticut Attorney General George Jepson sued Berger Law Group, Resolution Law Group, and related entities and individuals over allegations that they collected at least $4.7 million in illegal upfront fees from distressed homeowners. Under their authority to enforce the federal Mortgage Assistance Relief Services Rule and Florida and Connecticut laws prohibiting deceptive and unfair trade practices, Attorney General Bondi and Attorney General Jepson filed a complaint alleging that four individuals and four businesses formulated and participated in a mortgage rescue scam based in Florida that targeted consumers across the country by making false promises of relief from their mortgages and money damages through mass-joinder litigation
Household hazardous waste collection event to be held Aug.7 in Clermont
CLERMONT - August 1, 2014 - (RealEstateRama) -- 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
CFO Jeff Atwater Invites Floridians to 2014 Unclaimed Property Public Auction
TALLAHASSEE - July 31, 2014 - (RealEstateRama) -- Chief Financial Officer Jeff Atwater today invited Floridians to the 2014 Florida Unclaimed Property Auction. This public auction of more than 60,000 items valued in excess of $1 million will be held Saturday, August 9, at the Double Tree Airport Hotel in Orlando. A preview of items will be held on Friday, August 8
Attorney General Pam Bondi Joins Federal-State Mortgage Rescue Fraud Sweep
TALLAHASSEE, Fla. - July 28, 2014 - (RealEstateRama) -- Attorney General Pam Bondi joined the Consumer Financial Protection Bureau, the Federal Trade Commission and 15 other states in a joint federal-state enforcement sweep targeting scam operations that prey on delinquent homeowners or those facing foreclosure. This sweep highlights recent enforcement actions and resolutions of the federal and state participants against operators of fraudulent mortgage rescue or loan modification schemes that scammed consumers into paying large upfront fees but did little or nothing to help them stay in their homes and avoid foreclosure. Florida is announcing four actions as part of this joint effort including lawsuits filed against Hoffman Law Group, Remedy Group, Law & Associates and Thomas E. Law, II, and Mark Bushee
Housing Services offers mobility ramps for eligible households
TAVARES - July 28, 2014 - (RealEstateRama) -- Lake County’s Housing Services Division, with the support of federal funding, is offering eligible citizens help with obtaining mobility ramps for their homes.