Yearly Archives: 2011

Orlando, FL - November 29, 2011 - (RealEstateRama) -- November 29, 2011 – CBRE announced today the 60,000-square-foot new lease acquisition by Hilldrup United Van Lines at Cypress Park East, Building 5 in Orlando. The established moving and storage company followed suit of many tenants in today’s market of a flight-to-quality trend by taking advantage of favorable rates in high-quality industrial product.

Crystal Beach, FL - November 23, 2011 - (RealEstateRama) -- Pinellas County short sale Realtor Wendy Smith shares the 3 upcoming events in Pinellas County held at the Heritage Village. These wonderful events will be facilitated by the Pinellas County Historical Society which has been hosting family fun events, both for young and adults, throughout the year in Pinellas County.

Deerfield Beach, FL - November 22, 2011 - (RealEstateRama) -- South Florida’s commercial real estate market is showing signs of life, and Florida real estate developer Stiles is seeing the benefits. Greater availability of project financing, growing demand for infill retail space and owners’ desires to add value to older properties are positive signs heading into 2012, according to Stiles President Doug Eagon.

ORLANDO, FL - November 21, 2011 - (RealEstateRama) -- Florida’s existing home and existing condo sales continued to show gains in October, according to the latest housing data released by Florida Realtors®. Existing home sales increased 13 percent last month with a total of 13,755 homes sold statewide compared to 12,145 homes sold in October 2010, according to Florida Realtors.

West Palm Beach, FL - November 21, 2011 - (RealEstateRama) -- CBRE is pleased to have facilitated the $2.6 million acquisition of 9835-9847 Okeechobee Boulevard on behalf of the buyer, Okeechobee 9847 LLC. The purchase includes a long-term ground lease with a free-standing McDonalds and a vacant 3,750-square-foot retail building.

Orlando, FL - November 21, 2011 - (RealEstateRama) -- Financing of multifamily properties through Freddie Mac’s Capital Markets Execution (CME) loan program remains strong throughout the U.S. as reflected by the recent transactions from CBRE’s Orlando, Florida office. In less than two months, CBRE Senior Vice President Glenn Housman, MAI, secured a total of $52.57 million in permanent financing for four separate properties, on behalf of three different investment groups. All loans originated through Freddie Mac.

EUGENE, OR - November 18, 2011 - (RealEstateRama) -- IDX, Inc. is pleased to announce the latest real estate professional to enable a customizable IDX solution on their realty website: Joshua Reich of RE/MAX Adance Realty. The Miami, Florida-based real estate company has chosen to employ IDX Broker software to sync directly to the Southeast Florida MLS (SELF) database. Home seekers can now experience unprecedented access to the SELF MLS listings, giving them more freedom and control over their online property search. Pritchett has truly revolutionized the online real estate market for Miami home seekers, potential clients and himself, with his custom IDX solution.

EUGENE, OR - November 17, 2011 - (RealEstateRama) -- Ed Smith of RE/MAX Coastal Properties in Destin, Florida, have adopted the IDX, Inc. sponsored IDX Broker software. Their website now hosts a dynamic IDX solution which extracts raw listing data from the Emerald Coast MLS (ECARMLS) and seamlessly integrates it onto the website Smith support. By pulling hundreds of listings from ECARMLS database, Smith can give their clients and other Florida area potential buyers the unique ability to quickly and easily find a property without ever leaving the convenient search page IDX Broker and Smith have created.

EUGENE, OR - November 15, 2011 - (RealEstateRama) -- IDX, Inc. welcomes Luann Collins of John R. Wood Realtors to the growing group of agents and brokers who have chosen to integrate the dynamic IDX Broker software onto their websites. Collins, a specialist in eco-friendly real estate, has now synced her search page directly to the Sunshine MLS (SSMLS), to bring thousands of detailed property listings to the fingertips of home seekers around Bonita Springs, Florida.

Crystal Beach, FL - November 14, 2011 - (RealEstateRama) -- The funds from the Area Agency on Aging of Pasco / Pinellas Inc will be used to assist senior residents of Pinellas County (age 60 and older) who are having difficulties of paying their electricity bill and are in danger of having their electricity disconnected during the heating and cooling season where the rate and demand are usually higher than normal.

TALLAHASSEE, FL - November 10, 2011 - (RealEstateRama) -- Attorney General Pam Bondi announced that a Tampa couple has pled guilty to a mortgage fraud racketeering conspiracy. David Barile, 44, and Melissa D. Barile, 35, both of Tampa, were involved in an $8.8 million mortgage fraud scheme prosecuted by the Office of Statewide Prosecution.

ORLANDO, FL - November 10, 2011 - (RealEstateRama) -- Florida’s existing home and existing condo sales continued to show gains in third quarter 2011 compared to the same period a year earlier, according to the latest housing statistics from Florida Realtors®.

EUGENE, OR - November 10, 2011 - (RealEstateRama) -- IDX Broker software has revolutionized the search capabilities on real estate professional Veradine Gonsalves’ website, thanks to the partnership between IDX, Inc. and the Mid Florida Regional MLS (MFRMLS). Gonsalves’ custom IDX solution now extracts raw listing data from the MFRMLS, seamlessly integrating and displaying thousands of property listings directly onto the search page she hosts. Finding a home online online in Kissimmee, Florida and the surrounding areas has never been easier!

Doral, FL - November 10, 2011 - (RealEstateRama) -- Codotrans, Inc. is relocating and expanding to Beacon Centre with new lease agreement for 41,990 square feet. The cargo logistics firm is increasing their footprint in Doral by approximately 17,000 square feet. Less than two miles from their existing location, the move also represents a flight to quality as they upgrade to Class A space.

LECANTO, FL - November 10, 2011 - (RealEstateRama) -- Black Diamond Ranch – Florida’s No. 1 residential golf community featuring 45 holes designed by Tom Fazio – today announces its “Black Diamond Experience” stay-and-play packages, granting golfers unprecedented access to one of the U.S.’s premier private clubs.

EUGENE, OR - November 9, 2011 - (RealEstateRama) -- IDX, Inc. welcomes Miami, Florida real estate broker Roger Pardo to the ever-expanding network of professional agents and brokers who are choosing to integrate the innovative IDX solution onto their websites. As an experienced Miami, Florida broker, Pardo has dramatically simplified the online real estate search for his clients and other area home seekers. Southeast Florida MLS (SEFL) broker has forever changed the way potential buyers find the home of their dreams, thanks to his IDX-enabled website.

EUGENE, OR - November 8, 2011 - (RealEstateRama) -- Today, IDX, Inc. is pleased to announce Robert Ekdahl is the latest real estate professional to adopt a customizable IDX solution for his website. Cape Coral MLS listing data is extracted by IDX Broker software and displayed with ease on the website Ekdahl represents. He can now give his clients a comprehensive online property search experience, making it easier than ever for home seekers to find Ft. Myers, Florida homes online.

Long Island City, NY - November 7, 2011 - (RealEstateRama) -- The CBRE Capital Markets team in Tampa arranged the acquisition financing on Two Gotham Center, a 670,000-square-foot, state-of-the-art, LEED Certified 22-story office building, on behalf of the borrower, H&R REIT. Financing terms of the $250 million loan include a 10-year term and a 4.25% interest rate.

Boca Raton, FL - November 4, 2011 - (RealEstateRama) -- Steve Leeds, Broker of Green Capital Realty Advisors, LLC, a Commercial Real Estate Brokerage and Construction Company, represented PEBB ENTERPRISES of Boca Raton, FL in their purchase of 1645 Palm Beach Lakes Boulevard (Sabadell United Bank Building) and 1401 Forum Way (Horizons Building). The combined purchase price was $14,250,000 for the two buildings, which total over 180,000 square feet. PEBB principal Jared Weiner says, “We are very excited about the opportunity to purchase these buildings. These assets provide a tremendous amount of upside for us. We plan on thoroughly renovating the common areas of both buildings, making these the premiere office assets of the Palm Beach Lakes Road corridor in West Palm Beach.” Currently, the Sabadell United Bank Building is 80% occupied with a stable base of long term tenants, while the Horizons Building is 50% occupied.

Orlando, FL - November 4, 2011 - (RealEstateRama) -- Washington Shores Plaza, a neighborhood shopping center with 45,370 rentable square feet, was purchased by CRP II – Washington Shores LLC for $1.8 million. CBRE marketed the REO asset for sale on behalf of Berkadia, the special servicer to the underlying bondholders.