Colliers Honors Donna Abood for Leadership, Character and Performance

Florida State University inducted Donna Abood into its School of Business Hall of Fame in 2013,
in recognition of her years of mentoring its graduates and employing them as interns.

Donna Abood

MIAMI, FL - At this year's Colliers Americas conference, which took place last month in Atlanta, Donna Abood received the highest award bestowed on an individual by the international full-service commercial real estate firm; the Tom Richardson Award. Abood is Chairman - Founding Partner of Colliers International South Florida.

The prestigious award is presented to the individual within Colliers International who best exemplifies the personal character displayed by the late Tom Richardson, former Vice Chairman of Colliers USA.

The award honors individuals who maintain a balanced perspective of business, family, friends and community, as well as impeccable integrity, a passion for sharing, and extraordinary spirit.

The award recognizes lasting personal character, not short-term performance, and its purpose is to raise the entire character of the Colliers team by acknowledging true leaders whose example helps the team strive to meet the standards of Tom Richardson.

Tom Richardson

Abood, who has leased over 50 million square feet of office buildings during her career, is a member of the Colliers US Manager's Steering Committee.

She has served on the executive committee of the Beacon Council for 12 years, and is a former chair of the Coral Gables Chamber of Commerce and the Rotary Club of Coral Gables.

 She is active with CREW-Miami (Commercial Real Estate Women), and has served on the board of the Lighthouse for the Blind, helping to raise funds for more than 20 years.

Her professionalism and community involvement are corroborated by numerous other awards and honors including Champion of Minority Businesses (Greater Miami Chamber of Commerce 2013), Top 50 Women-led Businesses (The Commonwealth Institute 2013), National Women of Influence (Real Estate Forum 2013 and 2009), and Most Influential Women (South Florida Business Journal 2012) to name the most recent. 

Florida State University inducted her into its School of Business Hall of Fame in 2013, in recognition of her years of mentoring its graduates and employing them as interns.

In response to the recognition Abood said, "I am so humbled. The people who have received this honor before me are exceptional leaders."

She went on to note that "our behavior with our clients as well as with peers is important. Giving freely of our assistance, advice and time--really stands out in clients' minds.

“Putting their needs first is exceptional service, and they do not forget it. The rewards may come your way in the form of dollars, referrals, respect, credibility, positive energy (love), and friendship... when you least expect it."

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

Crystal Proenza

Vice President of Marketing

Colliers International South Florida

Commercial Real Estate Services

Tel: 305 476 7138

Email: crystal.proenza@colliers.com

www.colliers.com

Equity Partners Announces 20,098 RSF of New Leases and 97% Occupancy at Alafaya Corporate Center in East Orlando, FL

Alafaya Corporate Center, East Orlando, FL

Faith Thompson

ORLANDO, FL -- Equity Partners (Equity) has brokered two long-term office leases totaling more than 20,000 square feet in East Orlando in the Research Park/University Submarket.

The details on the leases are as follows:

·           Orion Technologies, LLC (recently featured in the OBJ) leased 5,956 rentable square feet, relocating from Merritt Island to the University/Research Park market in order to be closer to the type of specialties they want to bring on board.

Michael Fess

·            Community Based Care of Central Florida, Inc. represented by Chris Sproles of CBRE, leased 14,542 rentable square feet.

With these executed leases, Alafaya Corporate Center has reached 97% Occupancy. Alafaya Corporate Center is a 148,807 rentable square foot business park on Alafaya Trail and Challenger Parkway in East Orlando.

 Michael Fess and Faith Thompson of Equity Partners represented the landlord in both transactions.

Chris Sproles

“We are excited to add Orion Technologies and CBC of Central Florida to our high profile tenant mix at Alafaya Corporate Center and are happy to announce we are now 97% occupied,” said Fess.

“Located at a major traffic light with over 1,200 feet of Alafaya Trail frontage, the ownership of Alafaya Corporate Center takes pride in professional property management and tenant satisfaction.”

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

Faith Thompson

Leasing Manager

Equity Partners, Inc.

www.equitypartners.net

Licensed Real Estate Broker

20 North Orange Avenue

Suite 605

Orlando, Florida 32801

407.660.4949 phone

407.808.2656 cell

407.660.4995 fax

Greystone’s Chicago Production Office Posts Strong Lending Activity for Third Quarter

Lofton Place Apartments, Tampa, FL

New York, NY– Greystone, a leading national provider of multifamily and healthcare mortgage loans, today announced that the firm’s Chicago office has closed 12 transactions in the third quarter of 2013, for a total of over $30 million in volume.

Dan Rosenberg

The success builds upon Greystone’s production momentum in the Midwest for the first half of the year - which saw an outstanding 35 deals originated, including 16 in Q2 - and brings the total number of loans closed in 2013 to 47, for approximately $154 million.

 Greystone’s extensive relationship with Fannie Mae and real estate financing expertise has enabled the firm to provide borrowers with fast-closing, long-term loans at the most attractive rates available. Notable deals completed throughout Q2 and Q3 include:

$16.9 million Fannie Mae DUS® Loan for Lofton Place Apartments, a 280-unit apartment community in Tampa, Florida. Dan Rosenberg, of Cohen Financial, sourced the loan as a correspondent of Greystone.

Sujal Parikh

$7.675 million Bridge Loan for Azalea Apartments in Greenville, South Carolina, also sourced by Dan Rosenberg of Cohen Financial.

$6.06 million cash-out refinance for a 122-unit affordable housing complex in the Edgewater neighborhood on Chicago’s North Side. Joseph Schwimmer of Preferred Capital Group, a correspondent of Greystone, sourced the loan.

$3.6 million for Crestline Villa Apartments, a 144-unit property located in Alsip, Illinois. The deal provided cash-out financing, including funds to make improvements to the property. Tom Reckley, Director in Greystone’s Chicago office, closed the transaction.

Clint Darby

$3.3 million cash-out refinance, representing 100% loan-to-cost after 15 months of ownership, for a 59-unit property located in the West Rogers Park neighborhood, in Chicago, Illinois. The loan was also sourced by Joseph Schwimmer of Preferred Capital Group, as a correspondent of Greystone.

$2.468 million for 2515 W. Jerome, a 36-unit property located in the Rogers Park neighborhood on the North Side of Chicago, Illinois. The deal provided 80% acquisition financing.  Sujal Parikh, Director in Greystone’s Chicago office, closed the transaction.

Tom Reckley

“We are pleased with the Q3 production volume out of the Chicago office, especially considering the significant increase in rates that began earlier this year,” said Clint Darby, Managing Director in Greystone’s Chicago office.

“Our pipeline has been strong throughout the year.  We closed over $50 million in Q2 alone.  Rising rates impacted applications but we have seen strong activity throughout the third quarter, especially on the sale and acquisition side.” 

 Greystone is ranked as a top-10 Fannie Mae lender by volume nationally, and was the number one FHA lender for 2012. In addition to Fannie Mae and FHA products, Greystone also offers Bridge and CMBS loans. 

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

Karen Marotta

212 896 9149

KMarotta@Greyco.com

Cognito

Jessica Kleinman/Josh Gerth

646 395 6300

Greystone@cognitomedia.com

Meridian Capital Group Arranges $10.9 Million in Acquisition Financing for the Royal Properties Portfolio Located in North Miami, FL

Part of Royal Properties Portfolio, North Miami, FL

Boca Raton, FL – Meridian Capital Group, LLC, a leading national commercial real estate finance and advisory firm, negotiated a $10.9 million mortgage for the purchase of the Royal Properties Portfolio composed of five multifamily properties located in North Miami, FL on behalf of a foreign national borrower.

 The seven-year, non-recourse loan was provided by a savings bank and features a fixed-rate of 3.25%. This transaction was negotiated by Meridian Capital Group Managing Director, Michael Brown, who is located in the Company’s Boca Raton, FL office. 

 The Royal Properties Portfolio consists of five properties, totaling 233 units including: the 51-unit Royal Village located at 13055 NE Sixth Avenue; the 55-unit Royal Place located at 14050 NE Sixth Avenue; the 59-unit Royal Vista located at 400 NE 137th Street; the 44-unit Royal Point located at 1525 NE 125th Street; and the 24-unit Royal Courtyard located at 13020 NE Sixth Avenue.

“Meridian was able to secure flexible financing at a 75% loan-to-value ratio with a lower interest rate than agency lenders for a foreign national buyer,” said Mr. Brown. “The financing we negotiated saves the client more than $950,000 over the loan term as compared with the next best available option,” he added.

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

Jonathan M. Stern

Managing Director

Meridian Capital Group, LLC

1 Battery Park Plaza, 26th Floor

New York, NY 10004

jstern@meridiancapital.com

Direct: 212.612.0181

Fax: 212.201.5181

www.meridiancapital.com

Construction Under Way by Consolidated Contracting Services on new QueensCare Health Centers Site in East Los Angeles, CA

  

Rendering of planned QueensCare Health Center, 4816 East Third Street, Los Angeles, CA

SAN CLEMENTE, CA – (Oct. 28, 2013) – Consolidated Contracting Services, Inc., a leading Southern California commercial builder, has construction under way for a new 24,000-square-foot QueensCare Health Centers (QHC) facility in East Los Angeles, located at 4816 E. 3rd Street, Los Angeles, Calif. 90022.

Barbara B. Hines

The two-story, structural-steel building will encompass 38 medical exam rooms, nine dental operatories for adult and pediatric dentistry, three counseling rooms and two meeting rooms.

 It will also contain a 1,000-square-foot conference room that will serve as a venue for hosting health events and community meetings.  Construction is slated for completion in August 2014, and the health center will be open to serve patients in early 2015.

Situated on a one-acre lot accessed along East 3rd Street, the new health center will be serviced by the Metro Gold Line, which stops just north of the site.  The new facility will record more than 55,000 patient visits a year -- double the organization’s current capacity in East Los Angeles.

Consolidated Contracting demolished the existing church structure last month and is now working on site grading and installation of underground utilities. An official groundbreaking celebration was held on September 24th.

Joe Troya

“This is the first major capital development project in the nearly century-long history of QueensCare Health Centers’ operations,” stated Barbara B. Hines, President & CEO of QueensCare Health Centers.  “We are pleased to have Consolidated Contracting building the new center due to its experience in health center development and its team-oriented approach.”

Joe Troya, principal of Consolidated Contracting Services, is serving as project executive, with Stephen Viscioni as project superintendent, Rod Tower as project manager and James Dixon as project engineer.

RBB Architects, Inc., Los Angeles, is the project architect; KPFF Consulting Engineers, Los Angeles, is the civil engineer; N A Cohen Group, Encino, is the electrical engineer; and Applied Earth Sciences, Los Angeles, is the environmental engineer.  Carter Romanek Landscape Architects, Los Angeles, is the landscape architect.

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

Bonnie Kutch

Director

619-299-1010

Kutch & Company

6434 Caminito Listo | Suite B-100 | San Diego, California 92111

Morrison Commercial Real Estate Negotiates Sale of 6925 Lake Ellenor Drive in Orlando, FL for $2.625 Million

6925 Lake Ellinor Drive, Orlando, FL

ORLANDO, FL (October 29, 2013):  Morrison Commercial Real Estate, a full-service brokerage firm specializing in office and industrial in Central Florida, recently negotiated the sale of 6925 Lake Ellenor Drive located in Orlando, FL for $2,625,000.

Lisa Bailey

Lisa Bailey, Senior Vice President of Morrison Commercial Real Estate, negotiated the sale representing the Seller, Land O’Frost, headquartered in Lansing, IL.

 6925 Lake Ellenor Drive, a six-building flex property built in 1975, has a total of 109,344 square feet of office and warehouse space on 8.75 acres.

 The buyer was Max King Realty based in Orlando, FL.

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

  Sarah Holodick

Phone: 407.440.6647

Email:  sholodick@morrisoncre.com

Palladium Building Sold in Orlando, FL

The Palladium building, 12124 High Tech Avenue, Orlando, FL

ORLANDO, FL, Oct. 29, 2013 -- CBRE, Inc. together with Ron Rogg is pleased to announce the sale of The Palladium building, a 71,812 square foot suburban office building located at 12124 High Tech Avenue, Orlando, near the University of Central Florida and the Central Florida Research Park.

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

Ronald J. Rogg, CCIM

Executive Vice President

+1 407 839 3194

ron.rogg@cbre.com

Opportunity Fund Proposes New Boutique Condo Project In Miami Beach

Rendering of planned Ritz Carlton Residences Miami Beach

MIAMI, FL -- As the South Florida housing market increasingly rebounds from the real estate crash of 2007, an opportunity fund with ties to New York City is proposing a new seven-story condo project less than a mile away from the planned Ritz-Carlton Residences going up in the barrier island city of Miami Beach, according to a new report from CondoVultures.com.

Daniel Lebensohn

The boutique project's developer - an entity controlled by BH3 Development with Daniel Lebensohn - plans to build 65-units on a portion of a 2.3-acre site that currently houses Talmudic University in the 4000 block of Alton Road and the Julia Tuttle Causeway in Miami Beach, according to city of Miami Beach and Miami-Dade Property Appraiser records.

The Ritz-Carlon Residences Miami Beach is slated to be developed in the 4800 block of Alton Road in Miami Beach, according to South Florida Business Journal.

In Miami Beach, a combination of domestic and international developers - in unrelated projects - are now proposing to construct at least 20 new towers with more than 1,125 condo units in the barrier island city that is comprised of the neighborhoods of South Beach, Middle Beach, and North Beach as of October 23, 2013, according to the Preconstruction Condo Projects Database™ compiled by the licensed Florida brokerage CVR Realty™.

Talmudic University, Miami Beach, FL

Overall in South Florida, at least 173 new condo towers with more than 22,600 units are proposed, planned, under construction, or recently completed in the tricounty South Florida region of Miami-Dade, Broward, and Palm Beach as of October 23, 2013, according to the Preconstruction Condo Projects Database™ compiled by the licensed Florida brokerage CVR Realty™.

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

Condo Vultures® LLC

225 Midtown Building

225 NE 34th St.

 Suite 209B,

Downtown Miami, Florida, 33137

 800-750-0517.

Taubman Asia Announces Ground-breaking of Hanam Union Square Shopping Center Site in Greater Seoul

Rendering of planned Hanam Union Square shopping center
Hanam City, Gyeonggi Province, South Korea

HONG KONG, Oct. 28, 2013 – Taubman Asia, a subsidiary of U.S. mall REIT, Taubman Centers, Inc., today officially announced the groundbreaking of the Hanam Union Square shopping center, a 4.5 million square feet (430,000 sqm) GFA mall in Hanam City, Gyeonggi Province, South Korea.

Rene Tremblay

Taubman Asia and Shinsegae Group, Korea’s leading luxury department store retailer, are the joint investors in the project and are co-developing the site. Hanam Union Square is scheduled to open in the second half of 2016.

Taubman will provide development, leasing, operations and ongoing center management services. Taubman Asia will invest US$330 million in Hanam Union Square for a 30 percent interest in the US$1.1 billion project, demonstrating its commitment to the Korean retail industry and belief in its growth potential.

A ceremony was held at the property today, signifying construction getting underway. Guests of honor present included the Governor of Gyeonggi Province, Mr. Moon-su Kim; the Mayor of Hanam City, Mr. Kyo-beom Lee; National Assembly member, Mr. Hyunjae Le; the Vice Chairman of Shinsegae Group, Mr. Yong-jin Chung, and Taubman Asia President, Mr. René Tremblay.

Moon-su Kim

“Taubman Asia is honored to have been chosen by Shinsegae as its retail partner for the development of Hanam Union Square,” said Mr. Tremblay. “We are proud to be part of the transformation of Hanam City into a premier shopping and entertainment destination for Koreans.

“This project provides us with a great opportunity to further leverage Taubman’s 60-plus year retail heritage, and bring a new level of world-class retail environment to the sophisticated Korean market.”

With a gross leasable area of approximately 1,700,000 square feet (157,000 sqm), Hanam Union Square is designed to be a unique, multi-level – three levels for retail, plus basement, deck and rooftop parking – lifestyle shopping mall with Shinsegae Department Store as the anchor tenant.

Yong-jin Chung

“We also anticipate there will be a significant number of high-end flagship stores, and feature leisure and entertainment facilities such as a hypermarket, cinema, spa, food and beverage and more,” Mr. Temblay said.

“When completed we expect the mall to contribute to the local economy by creating over 7,000 jobs.”

This type of regional mall is new to the Korean market, and will be among the largest in the country. With distinct areas being developed for families, teenagers, and Korea’s most discerning shoppers, Hanam Union Square will meet the wants and needs of a wide range of visitors.

IFC Seoul Mall

Mr. Yong-jin Chung said, "Through the strategic partnership with Taubman Asia, which has successful know-how in the development and management of lifestyle shopping mall complexes, we will create a landmark leading tourist business in the capital region."

Located in one of the most scenic areas of Greater Seoul, with tourist attractions nearby, Hanam Union Square will be directly connected to the seven-lane Misari Expressway, which is linked to the Greater Seoul freeway network.

In addition to Hanam Union Square in Greater Seoul, Taubman Asia’s portfolio also includes managing the operations of IFC Mall in Seoul, which was opened fully leased in August 2012, and two recently announced projects in Xi’an and Zhengzhou, China which are scheduled

to open in late 2015.

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

 Pamela So 

Weber Shandwick,

Hong Kong

+852 2533 9916

pso@webershandwick.com

John Evans of Maury L. Carter & Associates Inc. Selected as Participant in Wedgworth Leadership Institute

John A. Evans

Orlando, FL - John Evans of  Orlando-based Maury L. Carter & Associates, Inc. has been selected as a participant in the Wedgworth Leadership Institute for Agriculture and Natural Resources for Class IX.

The first seminar of the two-week program will take place in Gainesville during the week of November 11. The selected program participants have committed to 11 seminars, totaling 55 days in all, which

further develop their leadership capabilities in representing the agricultural industry.

 From a seminar in the Florida panhandle and a week in Miami to time spent in Washington D.C. and a three-week international trip, this program strives to broaden perspectives and build a network within the industry

and beyond.

 As a result, program graduates are able to address challenges of local, state, national, and global dimensions.

Dr. Hannah Carter

“The candidates selected for this program are already leaders in their respective industries,” said Dr. Hannah Carter, Director of the Wedgworth Leadership Institute.

 “Our goal is not to teach leadership, but rather, to give existing leaders an introduction to public policy and to create a networking system for participants to develop professionally and use their skills to address issues affecting Florida’s agriculture industry and natural resources.”

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

 Kristin Fortier

Maury L. Carter & Associates, Inc.

3333 S. Orange Avenue, Suite 200

Orlando, Florida 32806

407-421-0586 (c)

407-422-3144 (o)

www.maurycarter.com

Lodging Econometrics Announces its Fifth Anniversary Providing Global Development Intelligence

PORTSMOUTH, NH –Lodging Econometrics (LE), the leading lodging industry consulting partner for global real estate intelligence, announces its 5th Anniversary providing Hotel Development Intelligence globally.

Today, LE tracks Hotel Development and publishes a proprietary Forecast for New Hotel Openings for every region, country and market of the world.

  

The company, which started tracking the Development Pipeline in the United States in 1998, expanded its reach in 2008 and now offers its proprietary market intelligence worldwide to Franchise Companies, 

Ownership and Management Groups and Lodging Industry Vendors interested in increasing their market share anywhere in the world.

LE’s global team of Market Intelligence Specialists research and provide the most comprehensive hotel real estate intelligence available. It includes decision-maker contacts and is updated quarterly.

LE then delivers the intelligence to its clients in the form of a customized Business Development Program that identifies and presents every growth opportunity available that meets their unique specifications in any or all regions of the world. LE also offers a product line of individual regional, country and market development trend reports ideal for analysis and decision-making.

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

Jennifer McLynch

Lodging Econometrics

603-431-8740 ext. 16

jmclynch@lodgingeconometrics.com

www.lodgingeconometrics.com.

CampusMBA Renamed MBA Education

Washington, DC – The Mortgage Bankers Association (MBA) announced that CampusMBA is changing to MBA Education, formally aligning itself with the new MBA brand.  

MBA Education is the education division of the association and enables companies the ability to increase their efficiency and productivity in order to stay competitive in the real estate finance industry.

David Stevens

 “MBA Education is a significant component of the MBA and has solidified our association’s position as experts and instructors in the mortgage finance industry,” said David Stevens, MBA president and CEO. 

“Aligning our educational division with our new brand reinforces our ability to speak with one voice. We look forward to continuing to lead the field with first-rate courses and products unmatched by any in the industry.”

Visit MBA Education at its new address: www.mbaeducation.org

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

Rob Van Raaphorst

(202) 557-2799

Q3 2013 Commercial/Multifamily Mortgage Bankers Originations Up 29 Percent from Q3 2012

 

WASHINGTON, DC – Commercial and multifamily mortgage origination volumes during the third quarter of 2013 were 29 percent higher than during the third quarter of 2012 and originations were essentially flat compared to second quarter of 2013, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

Jamie Woodwell

“Commercial and multifamily real estate borrowing and lending continued at a moderate clip in the third quarter,” said Jamie Woodwell, MBA’s Vice President of Commercial Real Estate Research. 

“Mortgage origination volumes were essentially flat from the second quarter, but were up 29 percent from last year’s third quarter and are up 14 percent year-to-date.

“ Lending by life insurance companies remained near last quarter’s record pace, while lending for the GSEs dropped by more than a third.”

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

Shawn Ryan

sryan@mba.org

(202) 557-2727

Jameson Real Estate Celebrates 5th Anniversary with 400 Percent Growth in Sales Volume Since 2008

Chicago night skyline

Mike Sato

CHICAGO (October 24, 2013) – Leading real estate brokerage firm Jameson Real Estate, comprised of Jameson Sotheby's International Realty and Jameson Commercial, announced that the firm’s sales volume has grown by 400 percent since 2008. The firm is also on pace to have a record-setting 2013, topping its $1 billion in sales volume in 2012.

 “When Charley and Harry Huzenis invited Mike Sato and me to join the Jameson team five years ago, we were honored for the opportunity to build upon the firm’s 25-year-old reputation of integrity, innovation and results,” said Chris Feurer, chief executive officer at Jameson.

 “For this partnership to result in such exponential growth, despite enduring our generation’s worst recession, is testament to the tenacity of our leadership, our agents and our staff.”

Chris Feurer

Over the past several months, Jameson has continued to hire top-performing residential and commercial agents, increased marketing staff and grown its technology and infrastructure platforms.

 “Jameson’s sales volume for 2013 is expected to exceed $1.3 billion,” said Mike Sato, president at Jameson. “With 75 percent of our business in residential and 25 percent in commercial brokerage, our firm has a unique position in the Chicago market.

“We understand what’s required to meet this current level of market growth and Jameson’s increasing market share, but we don’t want to just meet it, we want to exceed it. But if you don’t give your agents the necessary tools, it’s unsustainable.”

Harry Huzenis

In October, Jameson launched a new marketing program to deliver tailored information to consumers based upon demographics, sophistication and neighborhood, through a variety of customizable digital and offline communication vehicles.

 “Because our agents live in the neighborhoods they serve, they truly know their clients’ lifestyles, needs and goals. An off-the-shelf approach contradicts the Jameson philosophy which recognizes each client, and every transaction, as unique,” said Feurer.

The messaging carried throughout the communications program is “Expect the Exceptional,” illustrating Jameson’s exceptional qualities, service and brand.

Charles Huzenis

 “Our clients have come to expect the exceptional, because that’s exactly what we deliver. This mantra applies to every aspect of our firm, in the way we communicate, service and sell,” said Feurer.

Jameson Sotheby’s International Realty currently has more than 250 agents with expertise in Chicago and the North Shore. With nearly 50 agents focusing exclusively in Chicago, Jameson Commercial holds a strong presence in the downtown and Lincoln Park markets. Both firms are headquartered in Chicago.

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

Julie Liedtke, jliedtke@taylorjohnson.com, 312-267-4521

Kim Manning, kmanning@taylorjohnson.com, 312-267-4527

 www.jamesonsir.com.

www.jamesoncommercial.com.

ZipRealty Launches Mobile CRM; Empowers Increased Agent Productivity

  

  

EMERYVILLE, CA– ZipRealty, Inc. (http://www.ziprealty.com) (NASDAQ: ZIPR), the nation’s most prominent online technology-powered residential real estate brokerage firm and real estate marketing solutions provider, released the mobile-optimized version of Zap, a custom-built, end-to-end customer relationship management solution (CRM) and dashboard that helps real estate agents close more transactions with a greater level of efficiency.

Because the Zap CRM is fully integrated with ZipRealty.com and ZipRealty’s award-winning mobile app, it gives agents real-time insights into their clients’ online home search activity, effectively showing agents which clients are “heating up”.

With the launch of mobile Zap, agents now have the power to see and respond to those clients from the palm of their hand, making them more efficient and effective than ever before.

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

Stacey Corso

Public Relations Manager

ZipRealty, Inc.

Office: 510.735.2667

Cell: 415.672.6460

www.ziprealty.com

Follow us on Twitter: @ZipRealty