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Decline in available inventory sends Orlando median home price soaring 15 percent in June

The median price of Orlando homes sold during the month of June increased 15 percent compared to June of last year, the result in part of yet another double-digit decline in inventory
ORRA

Orlando median price continues upward trek as buyer demand for homes outstrips inventory

The inventory of Orlando homes available for purchase took another tumble in February, slowing year-over-year sales by 5 percent and driving a double digit increase in median price.

Rainbow Recognized for Achievement in Affordable Housing

Rainbow Housing Assistance Corporation (Rainbow), a nonprofit organization that provides service-enriched housing programs for residents of rental housing communities throughout the country, was honored at the recent Novogradac 2016 Tax Credit Housing Developers Conference in Miami Beach, Florida, alongside The Reliant Group during the 2016 Developments of Distinction Awards ceremony for their exceptional achievement in affordable housing development

Arbor Alley Apartments in Tampa Sell for $5.6M

Robert Goldfinger, Darron Kattan, Kevin Kelleher and Zachary Ames of Franklin Street represented both the seller, a private partnership based out of Tampa, and the buyer, South Tampa Apartments, LLC, an institutional real estate firm based out of Michigan, in the transaction

LAW FIRM RESCUES HUNDREDS OF HOAS AND CONDOMINIUMS IN FLORIDA RECOVERING $125M FOR NOT-FOR-PROFIT...

Association Law Group (ALG), one of Florida’s leading HOA and condominium law firms with offices in Miami and Ft. Lauderdale, has recovered close to $125,000,000 for its clients in past due maintenance fees and other liabilities since the recession first began. During the peak of the financial crisis, many HOAs and condominiums found themselves in desperate times as delinquencies skyrocketed and owners stopped paying their maintenance fees, in many cases abandoning bad investments they made, while leaving the rest of the homeowners in such properties holding the bag

AUCTION.COM ANNOUNCES $33 MILLION SALE OF ORLANDO UNIVERSITY CENTER

IRVINE, CA - February 20, 2013 - (RealEstateRama) -- Auction.com (www.auction.com), the nation’s leading online real estate marketplace, announced final sale of Orlando University Center, a 386,512-square-foot office complex near the University of Central Florida.

Reichel Realty Announces Haverhill Business Park Land Sales

Palm Beach Gardens, FL - May 25, 2012 - (RealEstateRama) -- Showing signs of a strengthening industrial market, Reichel Realty president Bill Reichel reported the sale of two parcels in the Haverhill Business Park in Riviera Beach, Florida, totaling $1,005,000

Stiles Expanding Third-Party Leasing, Property Management Business

Deerfield Beach, FL - May 23, 2012 - (RealEstateRama) -- With new contracts to lease and manage 347,000 square feet of top-tier, Class A Broward office properties for owner Western National Life Insurance Company, Stiles reports strong strategic growth of its third-party services.

Reichel Realty’s $2.8 Million Cash Transaction Keeps “Lights On” in WPB Building Supply...

Deerfield Beach, FL - May 16, 2012 - (RealEstateRama) -- When building supply company Lainhart & Potter faced a bankruptcy court order to auction its properties in West Palm Beach and Jupiter, Reichel Realty & Investments’ President Bill Reichel and Senior Associate Ken Duke moved quickly to broker the $2.8 million cash sale of their client’s properties, furniture and equipment.

Reichel Realty’s Dan Casey Handles Sale of Plaza Two

Deerfield Beach, FL - May 15, 2012 - (RealEstateRama) -- Dan Casey, vice president/broker for Reichel Realty & Investments, Inc., handled the sale of Plaza Two at Wellington Green office building, located at 2515 State Rd. 7, Wellington, Florida.

Stiles Realty Leases 9,680 SF to Two Fast Growing Central Florida Firms

Deerfield Beach, FL - May 14, 2012 - (RealEstateRama) -- Stiles Realty President Tom Kates today announced that as two Orlando-based companies expand national sales, they have leased a total of 9,680 square feet of headquarters space at the Class A Baldwin Park II office building within the mixed-use Baldwin Park Village Center area

Reichel Realty Leases Class A Space to Medical Tourism Association

Deerfield Beach, FL - May 10, 2012 - (RealEstateRama) -- Bill Reichel, president of Reichel Realty, today announced that the Medical Tourism Association, an international non-profit association for the medical tourism and global healthcare industry, has leased space for its headquarters at the Tuscany Center office complex located at 8845 N. Military Trail in Palm Beach Gardens. The Association will occupy 3,600 square feet in the building, which is owned by Reichel Development 2 LLC.

Veteran Real Estate Pro Kerry Jackson Joins Reichel Realty & Investment

Deerfield Beach, FL - May 3, 2012 - (RealEstateRama) -- Bill Reichel, president of Palm Beach Gardens-based Reichel Realty, announced today the appointment of Kerry B. Jackson as vice president. A commercial real estate veteran and designated member of the Society of Industrial and Office Realtors (SIOR), Jackson brings more than two decades of experience. He previously was a vice president with CB Richard Ellis where he worked for 10 years and he also spent 10 years with Fisher-Gaeta-Cromwell.

Stiles Realty Closes $2.75 Million Sale of Former Harley Davidson Building

Deerfield Beach, FL - April 25, 2012 - (RealEstateRama) -- Stiles Realty has closed the $2.75 million sale of one of Broward County’s most visible commercial buildings – the former Harley Davidson dealership in Center Port Business Park, Pompano Beach.

Stiles Partnership’s Focus on 800 Brickell Boosts Tenant Roster, Yields 2012 Building of the...

Deerfield Beach, FL - April 10, 2012 - (RealEstateRama) -- In Downtown Miami’s fiercely competitive office market, a Stiles partnership has found a sweet spot that’s turning its $1 million investment in “green” enhancements and building upgrades at the 800 Brickell office tower into rapid leasing momentum – while winning the industry’s prestigious 2011-12 Building of the Year honors.

RE/MAX Preferred of Fort Lauderdale Opens Fourth Office

Fort Lauderdale, FL - March 28, 2012 - (RealEstateRama) -- RE/MAX Preferred is opening a new location in Gables Wilton Park, a new mixed-use residential project in the heart of Wilton Manors, a diverse community with a population of approximately 12,800. This popular area features single family homes, condominiums and rental properties, including some waterfront property, convenient to the downtown and beachfront areas of Fort Lauderdale.

Xena Vallone Realty Opens Pinellas County Office

CLEARWATER, FL - March 9, 2012 - (RealEstateRama) -- Xena Vallone Realty, a Sarasota, Florida-based residential and commercial real estate firm, has opened a Pinellas County office at 13575 58th Street N., Suite 200, Clearwater, FL 33760.

Top Keller Williams Team in Tampa Opens RE/MAX Office

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.

Stiles Sees Positive Signs in Real Estate Market with New Development and Management Engagements

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.

Watson Realty Relocation Services receives customer service award

Jacksonville, FL - October 24, 2011 - (RealEstateRama) -- Watson Realty Corp. Relocation Services division is pleased to be nationally recognized for their continued outstanding service. At a recent reception during the Employee Relocation Council Conference, SIRVA Relocation presented awards to their top network brokers based on 2010 performance. Watson Realty is the proud recipient of the distinguished Purpose award – a top award given by SIRVA to one outstanding broker in the nation each year.

Popular Government & Nonprofit Press Releases

Colombia tops all Foreign Searches for Miami Real Estate

Colombia continues to lead all foreign countries searching for South Florida real estate, according to new data from the MIAMI Association of REALTORS® (MIAMI). The South American nation finished as the top international country using MIAMI’s search portal, www.Miamire.com, in May 2016. Colombia has now led the rankings for six consecutive months

Recent Government & Nonprofit Press Releases

Buchanan Slams “Nightmarish” Conditions at VA Nursing Homes

Congressman Vern Buchanan today demanded answers from the Department of Veteran Affairs after reports of deplorable conditions and neglect at VA nursing homes across the nation.