Property, Rentals, Transactions

Tampa, FL - December 16, 2011 - (RealEstateRama) -- By overcoming the challenges of the current market conditions and positively impacting today’s greatest economic indicator, job growth, NAIOP Tampa Bay awarded CBRE ‘Broker Deal of the Year’ in the Industrial category for the two-time disposition of the former Pinellas Expo Center during 2011, executed by CBRE First Vice President Brian Rettig, SIOR and First Vice President Gary Bauler, LEED AP.

Pensacola, FL - December 14, 2011 - (RealEstateRama) -- CBRE Capital Markets recently arranged $6.75 million in proceeds for the purpose of refinancing the debt on Carriage Hills Apartments, a 260-unit garden style apartment complex in Pensacola, Florida. Financing terms of the loan include a 10-year fixed-rate term, 30-year amortization schedule and loan-to-value of 75%. The transaction was completed on behalf of Hills Apartment Communities, LLC and the lender was Miami Beach-based Archetype Mortgage Capital.

Fort Lauderdale, FL - December 12, 2011 - (RealEstateRama) -- Sale transactions involving commercial real estate assets at significantly reduced prices continue to flood the investment properties market. Supporting this trend was KAS Airport, LLC’s $3.4 million acquisition of Executive Airport Business Center in a short-sale transaction with special servicer, Berkadia.

Miami, FL - December 9, 2011 - (RealEstateRama) -- The Master Brokers Forum, an organization comprised of South Florida's top residential real estate professionals, awarded Alicia Cervera Sr. a Lifetime Achievement Award for her years and dedication to the real estate industry.

Delray Beach, FL - December 8, 2011 - (RealEstateRama) -- CBRE announced today the sale of The Arbors Office Park at 1615, 1625 & 1690 South Congress Avenue in Delray Beach to RexxHall Realty. LLC. The three-building office park totals 244,247 rentable square feet and is 45% occupied.

St. Petersburg, FL - December 8, 2011 - (RealEstateRama) -- CBRE announced today the sale of The Isles of Gateway, a 212-unit apartment community located in St. Petersburg’s Gateway submarket. Located at 10600 Fourth Street North, The Isles of Gateway was acquired by Robbins Property Associates for $16.82 million, or $79,340 per unit. CBRE’s Multi-Housing Group in Tampa marketed the property for sale and negotiated the transaction on behalf of the seller, CAPREIT.

Torrance, FL - December 6, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest full-service commercial real estate firms in the country, has taken an important step in bolstering its Southeast presence with the opening of its first office in Florida, Lee & Associates Naples/Ft. Myers. The office is headed by Bob Johnston, Jerry Messonnier and Richard B. Clarke, who before joining Lee were the founders of one of Southwest Florida’s top commercial brokerage firms, Grubb & Ellis/1st Commercial, LLC. The trio represents 70 years of commercial brokerage experience and an in-depth connection with Florida commercial real estate

Tampa, Fl - December 5, 2011 - (RealEstateRama) -- One of the most prominent Tampa real estate teams has made the change to RE/MAX and is opening a new office with a global brand name, giving local buyers and sellers another opportunity to work with some of the most professional agents in the business.

ORLANDO, FL - November 30, 2011 - (RealEstateRama) -- The real estate market plays a vital role in Florida’s economy, and figuring out what may lie ahead in 2012 is a key question for policymakers, residents and Realtors alike.

Gainesville, Fl - November 30, 2011 - (RealEstateRama) -- Gainesville Homes For Sale reports the upcoming “Annual Holiday Tree Lighting Celebration” in Gainesville, Florida. The Gainesville City Department of Parks, Recreation and Cultural Affairs will be presenting its annual Holiday Tree Lighting Celebration to be held at the Thomas Center from 7:30 – 9:30 in the evening. The program is free and light refreshments will be served. The celebration will be focused on the giant tree and around the building holiday decorations – sponsored by the Thomas Center Associates on a year-to-year basis. To light up the tree and give his holiday season greetings, Commissioner Randy Wells will be gracing the event.

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.

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®.