Tuesday, June 2, 2009

CBRE Orlando Sells Studio Concord in Orlando, FL

ORLANDO, FL--CB Richard Ellis is pleased to announce the recent sale of the Studio Concord apartments in downtown Orlando. The property is in the Low-Income Housing Tax Credit (LIHTC) program, and consists of 26 600-SF efficiencies that were built in 1974.

Luke Wickham (top left photo), Shelton Granade (top right photo), Tom Fischer (bottom right photo), and Sam Merkle (bottom left photo) of CBRE exclusively represented the seller, Concord Apartment Partners LP out of Denver.
Wickham, who handles the Private Client Group efforts for CBRE's Central Florida Multi-Housing Group, served as the lead broker on the transaction.

"This was an excellent opportunity for the buyer to expand their operations in the downtown Orlando market," said Wickham. "And the Parramore neighborhood will only get better with the new Events Center currently under construction."

For further information, please contact:

Central Florida Multi-Housing Group of CB Richard Ellis
Shelton Granade, First Vice President, 407.839.3103, shelton.granade@cbre.com

Luke Wickham, Director of Operations, 407.839.3130, mailto:407.839.3130luke.wickham@cbre.com

RealtyTrac Launches Home Resource Center

IRVINE, CA, June 2, 2009 – RealtyTrac,™ the leading online marketplace for foreclosure properties, today announced the launch of its new comprehensive Home Resource Center developed specifically for homeowners and others who want to learn about any type of home improvement — from small do-it-yourself projects to major renovations that require assistance from professional contractors.

Thanks to content from partners such as Lowe’s, the second largest home improvement retailer in the world, RealtyTrac’s new Home Resource Center will contain hundreds of how-to articles and featured videos on all aspects of residential home repair, home improvement, remodeling and renovation projects.

Users can find tips, advice, step-by-step information and how-to articles to help them maintain and improve the value of their homes. Do-it-yourselfers will find money-saving information on house painting, carpentry, energy-saving home insulation, electrical, plumbing, air conditioning and heating, flooring, masonry, gardening, wood decks, interior decorating, how to install a flat screen television and more. Users can also sign up for free “Tip of the Week” e-mails.

“Because foreclosures often require some level of rehab, adding educational content and home improvement information was a natural fit for our website,” said Jim Saccacio, (top right photo) CEO of RealtyTrac.

“We are always looking for new and creative ways to improve the RealtyTrac customer experience and the Home Resource Center is a resource that will benefit our customers and hopefully save them time and money on home improvement and remodeling projects.”

Contact: Tammy Chan Atomic PR. Direct: 212-699-3646. Mobile: 408-802-8682