Powered by Zip Signs on Coldwell Banker Select Professionals in Central Pennsylvania

  

Xavier Y. Zang

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, has added Coldwell Banker Select Professionals, bringing the total number of participating brokerages in its Powered by Zip (PbZ) network to 20.

ZipRealty delivers PbZ software as a service to brokers, agents, home buyers and sellers. PbZ streamlines and simplifies real estate transactions, more effectively matches buyers and seller and helps brokers and agents better manage their business.

 PbZ includes ZipRealty’s industry-leading CRM and marketing solutions delivered on the web and as mobile applications, making it the most powerful suite of real estate marketing tools in the United States.

“PbZ’s innovative technology powers top brokerages nationwide, including our latest client in Central Pennsylvania,” said Xavier Y. Zang, President of PbZ.

Ryan Hess

“The combination of Coldwell Banker Select Professionals local expertise and the powerful PbZ platform provides prospective home buyers and sellers in Lancaster, Harrisburg, York and communities throughout Central Pennsylvania with a strong competitive advantage.”

“Powered by Zip provides our brokerage with operating discipline, improved service to our clients and increased lead flow,” said Coldwell Banker Select Professionals’ CEO Ryan Hess.

“Through the PbZ platform featuring Zip Realty’s proprietary CRM Zap, our agents now have the best toolkit on the market – both in the office and on the go. PbZ will help us establish and grow long-term relationships with serious home buyers and sellers, while growing our business.”

The addition of Lancaster, Pa.-based Coldwell Banker Select Professionals brings the total number of Coldwell Banker clients signed on to the PbZ platform to five in 2013. So far this year, PbZ has inked agreements with Coldwell Banker clients in Pittsburgh, Sarasota, St. Louis, Miami and now Central Pennsylvania.

ZipRealty is actively expanding Powered by Zip with leading local brokerages throughout the United States.

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

Stacey Corso

510.735.2667

scorso@ziprealty.com

HFF closes $210 million sale of Avalon on the Sound East in New Rochelle, NY to The DSF Group

Avalon on the Sound East, New Rochelle, NY

Jose Cruz

NEW YORK, NY – HFF announced today that it has closed the sale of Avalon on the Sound East, a 588-unit, 39-story, Class A multi-housing tower in New Rochelle, New York. 

HFF marketed the property on behalf of the seller, AvalonBay Communities, Inc.  The DSF Group purchased the asset for $210 million, approximately $357,000 per unit.  This is the largest recorded multi-housing sale in Westchester County.

Avalon on the Sound East is located at 40 Memorial Highway within one block of the Metro-North Railroad’s New Rochelle train station and less than a mile from Interstate 95. 

Andrew Scandalios

Completed in 2007, the luxury high-rise building includes one-, two- and three-bedroom units averaging 956 square feet each, as well as 7,607 square feet of ground-floor retail. 

Community amenities include a 24-hour fitness center, outdoor heated pool, rooftop resident lounge, community room, game room, garage parking and 24-hour concierge service.

The HFF investment sales team representing the seller was led by senior managing directors Jose Cruz and Andrew Scandalios, managing directors Kevin O’Hearn and Jeffrey Julien and associate director Rob Hinckley.

Kevin O'Hearn

According to Scandalios, “Avalon saw an opportunity to capitalize in a strong investment market.”  “This is DSF’s second purchase in Westchester in the last twelve months.  To complement its first high-profile property in downtown White Plains, the company will now also own the most prominent building in New Rochelle,” added Cruz

AvalonBay Communities, Inc. is in the business of developing, redeveloping, acquiring and managing high-quality apartment communities in the high barrier-to-entry markets of the United States.  These markets are located in the Northeast, Mid-Atlantic, Midwest, Pacific Northwest and Northern and Southern California regions of the country.

Jeffrey Julien

Since 2000, the DSF Group has invested more than $2 billion in five million square feet and has quietly become one of the most successful private real estate investment firms in the country. 

With offices in Boston and Washington D.C., three decades of experience and a track record unrivalled in the industry, the DSF Group offers investors and communities the unique combination of expertise, vision and hands-on involvement, in both converting and redeveloping existing properties and in developing new properties from the ground up.

Rob Hinckley

Among numerous other industry recognitions, DSF Group was selected by the National Association of Home Builders (NAHB) as the 2011 Multifamily Development Firm of the Year. For more information, visit

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

Kristen M. Murphy

Associate Director

HFF | One Post Office Square, Suite 3500 | Boston, MA 02109

Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com

krmurphy@hfflp.com

www.thedsfgroup.com.

777 Brickell Keeps Hencorp Beckstone for 20,000 Square Foot Renewal in Miami’s Financial District

777 Brickell in Miami's Financial District

Andrew Trench

MIAMI, FL - Taylor & Mathis’ Andrew Trench has signed Hencorp Beckstone (www.hencorp.com) to a 20,000 square foot renewal at 777 Brickell in Miami’s Brickell Financial District. 

The financial services firm conducted an extensive search for space before deciding to stay at 777 Brickell.

 “While their search extended to some of the new office space on the market they ultimately chose to stay at 777 Brickell,” according to Trench. 

William Holly

“Newer isn’t always better.  777 Brickell is a prestigious office building, impeccably maintained with class A finishes.” 

The ten year lease is valued at $7.5 million.  The deal was co-brokered by William Holly of Pointe Group Advisors.

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

Brian Gale

 bgale@taylormathis.com or

Andrew Trench

atrench@taylormathis.com

(305)476-8880

4th New Condo Project Completed In South Florida Since Crash Of 2007

Bellini Williams Island condominiums, Aventura, FL in northeast Miami-Dade County, FL

MyBrickell condos
downtown Miami, FL

MIAMI, FL -- With at least 175 new condo towers already proposed for South Florida, a fourth condo project has been completed while at least two more towers are scheduled to be delivered before the end of the year as the region's real estate market shows signs of recovering from the dramatic downturn of 2007, according to a new report from CondoVultures.com.

The newly completed Bellini Williams Island condominium complex with 70 units in Aventura in Northeast Miami-Dade County recorded its first transaction in the 24-story tower fronting the Intracoastal Waterway on October 31, 2013, according to Miami-Dade County records.

In addition to the Bellini Williams Island, at least two other new condo projects - MyBrickell in Greater Downtown Miami and the Regalia in Sunny Isles Beach - are expected to complete construction by the end of 2013, according to marketing literature from each project.

In the Aventura market, a combination of domestic and international developers - in unrelated projects - are proposing to construct nine towers with nearly 1,100 new condo units in a market that stretches from Northeast 163rd Street north to the Broward County line, and the Atlantic Ocean west to Federal Highway as of November 15, 2013, according to the Preconstruction Condo Projects Database™ compiled by the licensed Florida brokerage CVR Realty™.

Regalia condos
Sunny Isles Beach, FL

Overall in South Florida, at least 176 new condo towers with nearly 23,100 units are proposed, planned, under construction, or recently completed in the tricounty South Florida region of Miami-Dade, Broward, and Palm Beach as of November 15, 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.

NAI Realvest Negotiates $365,000 Sale of Shopping Center in Downtown Eustis, FL

Grove Square Shopping Center, 417 North Grove Street, Eustis, FL

Mitch Heidrich

ORLANDO, FL— NAI Realvest recently negotiated the sale of Grove Square Shopping Center at 417 N. Grove St. in Eustis for $365,000.    

 Matt Cichocki and Kevin O’Connor, principals at NAI Realvest assisted by associate Mitch Heidrich negotiated the REO sale representing Ocwen Commercial Loan Servicing.

 The 36,310 square foot center on a 2.31 acre site was purchased by Mount Dora-based Rose 24, LLC. 

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

Larry Vershel or Beth Payan, Larry Vershel Communications Inc. 407-644-4142 lvershelco@aol.com

Stonegate Golf Club at Solivita Gets the Jump on Christmas with Special Party for Kissimmee, FL HOME Kids and Moms

Stonegate Golf Club Executive Chef Anukul and Lilly Rahmani, at Solivita in Kissimmee, FL

Kissimmee, FL --- Stonegate Golf Club Executive Chef Anukul at Solivita in Kissimmee and seven-year-old Lily Rahmani hosted an afternoon party for 18 invited mothers and 32 children of Kissimmee’s HOME shelter for homeless children and their mothers.

Arto Rahmani

Arto Rahmani, general manager at Stonegate Golf Club, said it was Lily’s wish for her birthday this year to spend it with kids who are less fortunate, and provide them gifts and fun activities and entertainment. 

Arto Rahmani said Executive Chef Anukul and Lily share the same birthday and together they decided to host the event.   They greeted the moms and children along with Food and Beverage Director Rob Castillo and Banquet Sous Chef Marty Wright. 

A tasteful meal hot off the grille was provided to all 50 guests.

Both Lily and Chef Anukul led a four-hour fun day that included face painting and snow cones with M&M Balloon and D&J Entertainment and played freeze dance, musical chairs and red light green light.

Their moms were treated to a session of Zumba dancing.

Rob Castillo

HOME, which stands for ”helping others make the effort” has a goal to break the cycle of homelessness by providing housing and life skills to homeless women and their children.

“The smiles on the children’s faces were just priceless, I am very pleased with the outcome and all the effort my team gave to make this event successful,” General Manager Rahmani said.

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

Larry Vershel or Beth Payan, Larry Vershel Communications Inc. 407-644-4142 lvershelco@aol.com

Coming Soon To Vero Beach, FL: Cove at Waterway Village

 

VERO BEACH, Fla. --- DiVosta Homes plans to start presales of 80 new single-family homes at The Cove at Waterway Village, located on the northeast corner of Kings Highway and 53rd Street in Vero Beach.

Scott Mairn, vice president of sales and marketing for DiVosta Homes in south Florida, said only two homes remain for sale at DiVosta’s Isles at Waterway Village community across the street.

Mairn said presales of new homes at Cove at Waterway Village will start in December.

Cove at Waterway Village will feature a new portfolio of DiVosta Homes designs that range in size from 1,656 square feet of living space to 2,562 square feet, priced from the the low $200s to $400s.

To join the interest list for exclusive community updates, visit www.divosta.com/cove  or call 877-748-6679.

  

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

Larry Vershel or Beth Payan, Larry Vershel Communications Inc. 407-644-4142 lvershelco@aol.com

www.divosta.com

Annaly Capital Management, Inc. Announces Preferred Dividends

  

NEW YORK, NY--(BUSINESS WIRE)-- In accordance with the terms of the 7.875% Series A Cumulative Redeemable Preferred Stock (“Series A Preferred Stock”) of Annaly Capital Management, Inc. (NYSE: NLY) (“Annaly”), the Board of Directors of Annaly has declared a Series A Preferred Stock cash dividend for the fourth quarter of $0.492188 per share of Series A Preferred Stock.

This dividend is payable on December 31, 2013, to Series A Preferred Stock shareholders of record as of December 2, 2013.

In accordance with the terms of Annaly’s 7.625% Series C Cumulative Redeemable Preferred Stock (“Series C Preferred Stock”), the Board of Directors of Annaly has declared a Series C Preferred Stock cash dividend for the fourth quarter of $0.476563 per share of Series C Preferred Stock. 

This dividend is payable on December 31, 2013 to Series C Preferred Stock shareholders of record as of December 2, 2013.

In accordance with the terms of Annaly’s 7.50% Series D Cumulative Redeemable Preferred Stock (“Series D Preferred Stock”), the Board of Directors of Annaly has declared a Series D Preferred Stock cash dividend for the fourth quarter of $0.46875 per share of Series D Preferred Stock. This dividend is payable on December 31, 2013 to Series D Preferred Stock shareholders of record as of December 2, 2013.

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

Annaly Capital Management, Inc.

Investor Relations

1-888-8Annaly

www.annaly.com

National Retail Properties, Inc. Declares Dividends on its 6.625% Series D and 5.70% Series E Preferred Stock

  

Orlando, FL  - The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, declared a cash dividend on its 6.625% Series D Cumulative Redeemable Preferred Stock of 41.40625 cents per depositary share payable December 16, 2013, to shareholders of record on November 29, 2013. 

The Board also declared a cash dividend on its 5.70% Series E Cumulative Redeemable Preferred Stock of 35.625 cents per depositary share payable December 16, 2013, to shareholders of record on November 29, 2013.

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

investorrelations@nnnreit.com

Cousins Properties Declares Fourth Quarter Common Stock Dividend

  

ATLANTA, GA--Cousins Properties Incorporated (NYSE: CUZ) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.045 per common share, payable December 20, 2013, to common stockholders of record on December 6, 2013. The $0.045 per share quarterly dividend equates to $0.18 on an annualized basis.

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

Cousins Properties Incorporated

Cameron Golden, 404-407-1984

Vice President of Investor Relations and Corporate Communications

camerongolden@cousinsproperties.com

www.cousinsproperties.com

Marcus & Millichap Arranges Sale of 202-Unit Apartment Property in Ocala, FL for $7.6 Million

Carriage House I, 2701 Northeast 7th Street, Ocala, FL

Michael Donaldson

OCALA, FL – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Carriage House I and II, a 202-unit apartment property located in Ocala, Fla., according to Richard D. Matricaria, regional manager of the firm’s Tampa office. The asset sold for $7,676,000.

Michael Donaldson and Nicholas Meoli, senior associates in the Tampa, Fla. office of Marcus & Millichap had the exclusive listing to market the property on behalf of the seller, a limited liability company based in West Palm Beach.  The local buyer, a limited liability company, was also secured by Donaldson and Meoli.

Carriage House I and II consists of two multifamily properties located less than a quarter-mile from each other at 2701 Northeast 7th Street in Ocala, Fla.  Carriage House I was constructed in 2004 and is comprised of 130 units and Carriage House II was constructed in 2003 and has 72 units. 

The unit mix consists of 39 one-bedroom/one-bathroom units; 87 two-bedroom/one-and-a-half bathroom townhouse units and 76 three-bedroom/two-bathroom units. Property amenities include two sparkling swimming pools, a leasing office, washer and dryer connections in all units, and garages in all one-bedroom units.

Nicholas Meoli

"Although Carriage House was located in a tertiary market, we were able to generate tremendous interest, procuring 14 offers in 30 days from domestic and international investors," said Donaldson in a statement. 

"Due to the desirable attributes of the property, such as the 2003-2004 construction, low price per square foot, and a unit mix consisting of a majority of two and three-bedroom townhomes, we ultimately sold the property at full asking price," adds Meoli.

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

Richard D. Matricaria

Regional Manager

Tampa, FL

(813) 387-4700

$121 Million All-Cash Transaction Arranged by IPA for Domain San Diego Apartments in San Diego, CA

  

Domain San Diego apartments, 8798 Spectrum Center Boulevard
 Kearny Mesa communiity, San Diego, CA

 

Ron Harris

SAN DIEGO, CA – Institutional Property Advisors (IPA), a multifamily brokerage division of Marcus & Millichap serving the needs of institutional and major private investors, has arranged the sale of Domain San Diego, a newly constructed 379-unit luxury apartment complex in the Kearny Mesa community of San Diego. The sales price of $121 million equates to $319,261 per unit.

            IPA executive vice president investments Ron Harris, IPA senior director Stewart I. Weston, Marcus & Millichap first vice president investments Christopher Zorbas, and Marcus & Millichap associate David Sperling represented the seller, a joint venture between Wood Partners and a fund sponsored by CBRE Global Investors.

Stewart I. Weston

 The buyer, Essex Property Trust Inc., purchased the asset on an all-cash basis. The property was approximately 80 percent occupied at the time of sale.

            “Domain San Diego was Wood Partners’ first multifamily development acquisition in San Diego County,” says Harris. “The luxury community boasts an amenity package reminiscent of a five-start resort and is surrounded by a wealth of high-profile employers.”

            “The limited number of institutional-quality apartment buildings in San Diego County made this a rare opportunity to acquire a true core asset in a high-barrier-to-entry market,” adds Harris.

Christopher Zorbas

            Located at 8798 Spectrum Center Blvd. in San Diego, the property is part of the San Diego Spectrum, a master-planned community that is easily accessible from both California State Route 163 and Interstate 15. 

            The Kearny Mesa submarket has more than 9 million square feet of office space and nearly 16 million square feet of industrial space.  

            “As the leading multifamily community in Kearny Mesa and one of the most desirable rental assets in central San Diego, Domain San Diego is poised to capture significant growth,” says Weston.

 “The long-term outlook for the submarket is robust, as the millennial generation continues to migrate to the area for high paying employment opportunities.  The strength of the economic forecast for the area helped prompt Essex to make its first acquisition in San Diego County in more than six years,” Weston concludes.    

David Sperling

            Constructed in 2012, Domain San Diego is a podium-style asset consisting of two residential structures built over two levels of subterranean parking. Community amenities include an adjacent two-acre park, three verdantly landscaped courtyards with sitting and dining areas, a Serenity pool with an enormous pool deck and spa, a two-story clubhouse with a residents’ lounge and a state-of-the- art fitness center, an outdoor fireplace, gourmet barbecue stations, gated underground parking, elevator access and on-site maintenance, management and package receiving.

            The property offers residents 13 unique floor plans that range in size from 598 square feet to 1,309 square feet. Apartment homes feature private patios and balconies, stainless-steel appliances, hardwood cabinetry, granite countertops, Affinity full-size front-loading washers and dryers and large oval soaking tubs. Select units feature floor-to-ceiling windows with stunning views.

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

Gina Relva

Public Relations Manager

(925) 953-1716

Taylor & Mathis Signs Hormel Food Sales & Brown and Caldwell to Leases at Sawgrass International Corporate Park in Fort Lauderdale, FL

Corporate Center I, Fort Lauderdale, FL

Donna Korn

Fort Lauderdale, FL --  Taylor & Mathis has signed two companies to leases at properties owned by The Brookdale Group in Sawgrass International Corporate Park. 

Hormel Food Sales, LLC (www.hormel.com) has leased 2,598 square feet at Corporate Center I. The deal was co-brokered by Donna Korn of Taylor & Mathis and David Brown of Brown Commercial Real Estate Services, LLC.

Brown and Caldwell (www.brownandcaldwell.com), an environmental engineering consulting firm, signed a 2,562 square foot lease at International Place I.  The deal was co-brokered by Donna Korn and Jennifer Patterson of Taylor & Mathis and A.J. Belt of CBRE.

Sawgrass International Corporate Park is South Florida’s largest office park.

Strategically bound by I-595, I-75 and Sunrise Boulevard, the state-of-the-art business park features a variety of business space from high-tech manufacturing and R&D to executive office suites and mid-rise Class A office projects. 

Jennifer Patterson

 Taylor & Mathis, the exclusive leasing agent for the properties, leases and manages a 436,853 square foot office portfolio at the park comprised of Corporate Center I, II & III, International Place I and Sawgrass Plaza.

Taylor & Mathis is a diversified real estate company specializing in the development, marketing and management of office buildings, suburban office parks, industrial parks and mixed-use projects. 

In Florida the company leases and/or manages a portfolio over 12 million square feet. Founded in 1967, the company has developed properties exceeding $1.9 billion in value and has established itself as one of the most respected regional real estate firms in the United States. 

 Based in Atlanta, with offices in Miami, Tampa, Orlando and Sunrise, Taylor & Mathis concentrates its business activity in primary growth markets in the southeastern United States.

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

Donna Korn

dkorn@taylormathis.com

 (954)845-8840

www.taylormathisflorida.com

Morrison Commercial Real Estate Completes 9,512-SF Lease at GAI Building in Downtown Orlando, FL

GAI Building, 618 East South Street, Downtown Orlando, FL

Lawson Dann

ORLANDO, FL -- Morrison Commercial Real Estate announced the completion of a 9,512± square foot office lease in Downtown Orlando.

 Lawson Dann of Morrison Commercial Real Estate represented the tenant, CNS Healthcare, in leasing 9,512± square feet at the  GAI Building located at 618 East South Street in Orlando, FL. 

Scott Bell and Jeff Streep at Jones Lang LaSalle and Craig Ustler at Ustler Properties represented the Landlord in this transaction.

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

Jennifer Eubanks

Phone: 407.440.6650

Email:  jeubanks@morrisoncre.com

Griffin-American Healthcare REIT II Reports Third Quarter 2013 Results

  

Jeffrey Hanson

NEWPORT BEACH, CA – Griffin-American Healthcare REIT II, Inc. announced operating results for the company’s third quarter ended September 30, 2013. 

“It was a significant third quarter for Griffin-American Healthcare REIT II, which continued its impressive expansion with $672 million of new acquisitions,” said Jeff Hanson, chairman and chief executive officer. 

“As a result of this growth, we have become one of the country’s largest and best diversified healthcare REITs, with a $2.23 billion portfolio, based on aggregate acquisition purchase price, spanning 30 states and two nations. Importantly, we’ve driven this robust growth while ending the quarter with just 11 percent total debt financing.”

Danny Prosky, president and chief operating officer, added, “In addition to our ongoing portfolio growth, we continued to enjoy strong financial and property-level performance during the third quarter. 

Danny Prosky

“Funds from operations, modified funds from operations and net operating income all grew substantially, while our average aggregate occupancy reached 96.1 percent and our average remaining lease term expanded to nearly 10 years.”

During the quarter, Griffin-American Healthcare REIT II concluded its follow-on public offering, raising more than $1 billion during the third quarter and in excess of $2.8 billion in total gross offering proceeds since the launch of its initial public offering in late 2009. 

“With the close of our equity offering, we are proud to report that the executives and employees of American Healthcare Investors and Griffin Capital Corporation, the co-sponsors of Griffin-American Healthcare REIT II, have purchased more than $15 million of common stock in our REIT,” added Prosky. 

“As we’ve long-maintained, we believe the managers of an investment program should be significant investors in that program, and we are proud to be standing shoulder-to-shoulder with our fellow stockholders.”

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

Damon Elder

delder@ahinvestors.com

(949) 270-9207