Saturday, March 15, 2014

Marina Palms Yacht Club & Residences Sells $4.3 Million Penthouse in North Tower in North Miami Beach


Bedroom at penthouse residence, North Tower, Marina Palms Yacht Club & Residences
North Miami Beach, FL

North Miami Beach, FL –– Marina Palms Yacht Club & Residences sold its most expensive penthouse residence in the North Tower that commanded a $4.3 million purchase price at $1,000 per square foot.

The 4,320-square-foot palatial penthouse residence at 172nd Street and Biscayne Boulevard in North Miami Beach, consists of four bedrooms, four-and-a-half bathrooms and a den.

Michael Internoscia
Floor-to-ceiling windows and two expansive terraces provide breathtaking, panoramic views of the Sunny Isles skyline and beyond to the Atlantic Ocean.

The buyer was seeking a spacious penthouse-level residence on the water to be used as a second home in Miami. 

The buyer was searching for a unique luxury residence and decided to take advantage of the value our sky residences offer at Marina Palms, according to Michael Internoscia, Marina Palms Yacht Club & Residences director of sales.

“Condominium developments have recently made waves in the market with penthouses priced in the tens of millions of dollars – and thousands of dollars per square foot. Yet none come standard with the amenities and features available at Marina Palms Yacht Club and Residences,” said Internoscia.

“From 10-foot-plus ceiling heights to top-of-the-line finishes and appliances, our value proposition is unrivaled in today’s marketplace.”

For sales information visit www.marinapalms.com or contact Sales Director Michael Internoscia at minternoscia@marinapalms.com or call (305) 508-5552.

For a complete copy of the company’s news release, please contact:  

Ashley Fierman or Sandra Reichman
Boardroom Communications
954-370-8999

Matthew Anderson Transitions to Business Development Manager at Colliers International South Florida


Matthew Anderson
MIAMI, FL- Colliers International South Florida is pleased to announce that Matthew Anderson has transitioned to Business Development Manager. Formerly an Office Leasing Specialist, Anderson will now focus on aligning relationships and bringing new business to all of Colliers International South Florida's service lines.

"Having the opportunity to transition into my new role gives me the chance  to use my industry knowledge, strength of building strong and deep relationships, past experiences, and the Colliers global platform to help my firm drive business and come up with creative real estate solutions for our clients," says Anderson.

Anderson graduated from the University of Massachusetts Isenberg School of Management in Amherst, MA and then took a position in the banking industry for a brief time.

Donna Abood
Returning to South Florida, where his family is deeply rooted into the community, Anderson decided to pursue his passion for commercial real estate.

He was mentored and groomed by Colliers International South Florida Chairman - Founding Partner Donna Abood, and successfully created and implemented marketing plans for office buildings in Miami and negotiated competitive leases on behalf of tenants and landlords.
 
For a complete copy of the company’s news release, please contact:  

Crystal Proenza
Vice President of Marketing and Culture
Colliers International South Florida
Commercial Real Estate Services
Tel: 305 476 7138

Realtor Joe Janson Pioneering Use of Drones to Help Sell Homes


Joe Janson
Cocoa Beach, FL and Lake Mary, FL --- Florida Global Marketing Specialist Joe Janson of Stirling Sotheby’s International Realty has a unique way of covering the Brevard, Indian River and East Volusia markets.  He uses drones.

Not the kind that tracks terrorist suspects from afar and blows them up with remote-controlled missiles. Janson’s drones are less dangerous. He uses them to take photographs and videos that help sell homes.

“Most home buyers never see an aerial view of the home they are about to buy,” Janson said. “But an aerial view can add an impression that stays with you. A home owner can view an entire property. It’s much more impressive than just a photo of the front of the home,” Janson said.

Janson began playing with remote-controlled aircraft many years ago as a hobby.

“I’ve always been an extremely technical person,” Janson said.  But that’s probably an understatement because Janson is a member of the worldwide Mensa organization and cut his teeth in his twenties on the personal computer revolution.

Janson is also a member of the Cocoa Beach Regional Chamber of Commerce and co-chairman of the Cocoa Beach Regional Chamber of Commerce Ambassadors Committee. He also served as chairman of the Surfside Stars, a Chamber-affiliated professional networking group. He currently serves as president of the Board of Directors of a worldwide publisher of boating-related books.

“Drones can provide distant affluent buyers with a “bird’s eye view” of your luxury home---without the feathers,” he laughed.

Janson specializes in unique waterfront and historic properties in Brevard, Indian River and East Volusia Counties.

 For a quick glance of one of Janson’s drone videos you can visit his newest listing on S. Tropical Trail in Brevard County, well-known home to some of Brevard’s most luxurious and prestigious estates. 

“It’s the largest remaining parcel for sale on the S. Tropical Trail peninsula and has a land value of $6.5 million,” said Janson

Link to the drone video is http://www.youtube.com/watch?v=Vij69k3opMK

For a complete copy of the company’s news release, please contact:
 
Larry Vershel, Larry Vershel Communications Inc. 407-644 4142 lvershelco@aol.com


Influential Real Estate Leaders Present NAIOP National Site Selector Symposium on Central Florida


Holly Wiedman
ORLANDO, FL--- Longtime regional real estate industry icon George Livingston, chairman of NAI Realvest, and John Crossman, president of Crossman & Company, are among the influential real estate leaders presenting a site selection luncheon symposium in Orlando.

The event, hosted by the Orlando Chapter of NAIOP, is scheduled for Thursday, March 20 at Orlando’s Citrus Club, 255 S. Orange Ave. on the 18th Floor.

Titled “National Site Selectors' Perspective on Central Florida,” the symposium will open for registration at 11:30 a.m., with luncheon and the panel discussion from noon to 1 p.m.

NAIOP president Crossman will kick off the event and Ron Starner, executive vice president of Site Selection Magazine, will moderate the panel discussion with participants Livingston, John F. Krug, principal and senior consultant at Truth IC, LLC and Holly Wiedman, executive vice president of the Metro Orlando Economic Development Commission.

George Livingston
The panel will present perspectives on corporate site selection in Florida and Central Florida including key decision-making factors in relocation/expansion, leveraging effective community strategies and what to expect in the coming years.

The symposium is sponsored by NAI Realvest, Professional Service Industries, Inc. and the Metro Orlando Economic Development Commission.

Admission to the event costs $40 for NAIOP members and $65 for non-members. For further information, contact NAIOP executive director Shannon Monteleone (407) 227-7461.

For a complete copy of the company’s news release, please contact:

George Livingston, Chairman Emeritus, NAI Realvest. 407-875-9989 glivingston@realvest.com
  
Larry Vershel, Larry Vershel Communications Inc. 407-644 4142 lvershelco@aol.com


MBA and Wingspan Gives Back Present Hall of Honor Award to CMG's Chris George

  
Chris George and friends


Washington, DC  - The Mortgage Bankers Association (MBA) and Wingspan Gives Back have presented The Hall of Honor Award to Chris George, President & CEO of CMG Financial in San Ramon, CA.

The award was presented at MBA's 2014 Mid-Winter Housing Finance Conference in Avon, CO. The Hall of Honor Award is designed to recognize both the corporations and individual corporate leaders who have committed their support to the military community on both a national and local level.

E.J. Burke
"I am honored and humbled to present this award to Chris George," said E.J. Burke, 2014 MBA Chairman and Executive Vice President and Group Head of KeyBank Real Estate Capital.

"Through his work with The CMG Foundation, Chris has set a high standard of excellence in giving back to the military community. His achievements are matched only by his passion and we are grateful to have him represent our industry in such a selfless manner."
  
Mr. George was given this award as a result of his work through The CMG Foundation, a philanthropic endeavor to support non-profit organizations at both the community and national levels.

To date, The CMG Foundation has provided over $400,000 in valued funding to select causes. Chris, through his selfless dedication and devotion to this project has, along with The Foundation, generously funded programs, some of which include providing severely wounded veterans and their families with the amenities needed to continue living a comfortable life.

For a complete copy of the company’s news release, please contact:

Rob Van Raaphorst
(202) 557-2799

Kaufman Rossin Signs 12,227 Square-Foot Lease At Iconic One Town Center in Boca Raton, FL


One Town Center, Boca Raton, FL


Michael Erickson
 BOCA RATON, FL – March 12, 2014 –One Town Center continues its successful conversion to a multi-tenant office building with its most recent lease signing.

Kaufman Rossin will be relocating to One Town Center after signing a 12,227 square-foot lease. Michael Erickson, Senior Vice President with CBRE handled the real estate transaction on behalf of building owner MetLife, and Curtis Olschansky of The Olschansky Group, LLC represented the tenant.


Chuck Davis
 “We’re excited to be expanding our Boca Raton office by more than 50% with the upcoming move to One Town Center,” said Scott Berger, CPA, a tax & entrepreneurial services principal and leader of Kaufman Rossin’s Boca Raton practice.

“As a top 50 accounting firm in the U.S., we need a location that offers room to expand and one that is easily accessible for our clients in Palm Beach County.”

 In the last year, the building has undergone a conversion from a single-use Class A office building to a multi-tenant office building.  Kayne Anderson Real Estate Advisors (KAREA) leased 12,637 square feet and was the first tenant to sign a lease upon the conversion.

Curtis Olschansky
“We are especially pleased that the building is drawing interest from prospective tenants both within and outside of the Boca Raton market,” stated Chuck Davis, Director and Head of the MetLife Southeast Regional Office. 

One Town Center, formerly known as the Tyco Building, reentered the Boca Raton leasing market with the largest block of Class A office space in the Glades/West Boca submarket. 

Scott Berger
In addition to amenity upgrades and renovations to the lobby and common areas, the third floor was renovated as a multi-tenant office floor to showcase the building’s flexibility to meet market demand for tenant spaces of all sizes. 

 “Recent activity has been excellent, as high quality tenants are embracing the opportunity to locate within one of South Florida’s most desirable buildings,” said Erickson.  “The renovations and amenities have ensured the building maintains its iconic status.” 

For a complete copy of the company’s news release, please contact:

Michael Erickson, CBRE, (561) 393-1616 michael.erickson@cbre.com
Fred Pieretti, (212) 578-2631 fpieretti@metlife.com


RealtyTrac® Foreclosure Activity Decreases 10 Percent in February From January; Lowest Level in More Than 7 Years


Daren Blomquist

IRVINE, CA — RealtyTrac® (www.realtytrac.com), the nation’s leading source for comprehensive housing data, released its U.S. Foreclosure Market Report™ for February 2014, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 112,498 U.S. properties in February, a 10 percent decrease from January and down 27 percent from February 2013 to the lowest monthly total since December 2006 — a more than seven-year low.
  
RealtyTrac also included updated information on the number of owner-vacated properties in the foreclosure process as part of the report.

As of the first quarter of 2014, a total of 152,033 U.S. properties in the foreclosure process (excluding bank-owned properties) had been vacated by the distressed homeowner, representing 21 percent of all properties in the foreclosure process.

These owner-vacated foreclosures — sometimes called zombie foreclosures — had been in the foreclosure process an average of 1,031 days.

“Cold weather and a short month certainly contributed to a seasonal drop in foreclosure activity in February, but the reality is that new activity is no longer the biggest threat to the housing market when it comes to foreclosures,” said Daren Blomquist, vice president at RealtyTrac.

“The biggest threat from foreclosures going forward is properties that have been lingering in the foreclosure process for years, many of them vacant with neither the distressed homeowner or the foreclosing lender taking responsibility for maintenance and upkeep of the home — or at the very least facilitating a sale to a new homeowner more likely to perform needed upkeep and maintenance.”

For a complete copy of the company’s news release, please contact:

Jennifer von Pohlmann
PR Manager
Office: 949.502.8300 ext 139