NAI Realvest Closes Lease Deals in Apopka, FL and Sanford, FL

Michael Heidrich Team of Father and Son Negotiates New Lease for 7,200 SF at Apopka Industrial Center

 MAITLAND, FL – NAI Realvest recently negotiated a new lease agreement that includes an option for the tenant to buy the property at 2325 Clark St. in Apopka.

 NAI Realvest principal Michael Heidrich (top left photo) assisted his son, Michael Heidrich, Jr. (top right photo), a new associate at the firm, in negotiating the lease of the 7,200 square foot facility on behalf of the tenant, Avery Holdings, LLC of Colorado Springs, Colo.   

It’s the first closed transaction for Michael Heidrich, Jr. who just joined NAI Realvest in the fourth quarter of last year. 

 The landlord, RJP Properties LLC of Tavares was represented by Robby Robinson of Florida Site Selectors.

For more information,  contact:

Michael Heidrich, Jr. Associate, NAI Realvest 407-875-9989 mheidrichjr@realvest.com

Michael Heidrich, Principal NAI Realvest, 407-875-9989,  mheidrich@realvest.com;

Patrick Mahoney, President, NAI Realvest 407-875-9989,  pmahoney@realvest.com 

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

  

NAI Realvest Negotiates Lease for 3,000 SF at Industrial facility in Sanford, FL

 MAITLAND, FL – NAI Realvest recently negotiated a lease agreement for 3,000 square feet of industrial space at 3665 Delphini Way in the Delphini Airport Industrial Park North in Sanford off Lake Mary Blvd.

 NAI Realvest associate Sean DuPree (lower right photo), CCIM brokered the transaction representing

the landlord, Delphini Industrial Park at Northstar LLC. of Altamonte Springs and the new tenant Conifer, LLC,  a local manufacturer. 

For more information,  contact  

Sean DuPree, CCIM, NAI Realvest 407-875-9989; sdupree@realvest.com;   

Patrick Mahoney, President, NAI Realvest 407-875-9989,  pmahoney@realvest.com;  

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

Chatham Lodging Announces Fourth Quarter Earnings Call to be Held Feb. 23

 PALM BEACH, FL, Jan.  27, 2012 - Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on upscale extended-stay hotels and premium-branded select-service hotels, today announced that it will report fourth quarter 2011 financial results on Wednesday, February 22, 2012, following the close of the market.

 On Thursday, February 23, 2012, at 10 a.m. ET, Jeffrey H. Fisher (top right photo), Chatham’s chief executive officer, and Dennis M. Craven, its chief financial officer, will host a conference call to review fourth quarter 2011 financial results.

Shareholders and other interested parties may listen to a simultaneous webcast of the conference call on the Internet by logging onto Chatham’s Web site, http://www.chathamlodgingtrust.com/, or http://www.streetevents.com/, or may participate in the conference call by calling 1-877-941-8631, reference number 4511083.

 

  A recording of the call will be available by telephone until midnight on Thursday, March 1, 2012, by dialing 1-800-406-7325, reference number 4511083. 

A replay of the conference call will be posted on Chatham’s website.

 Additional information about Chatham may be found at www.chathamlodgingtrust.com.

Contact:    

Jerry Daly, Carol McCune                    Dennis Craven

Daly Gray Public Relations                   Chief Financial Officer

(Media)                                                   (Company)

jerry@dalygray.com                              dcraven@cl-trust.com

(703) 435-6293                                      (561) 227-1386              

Del Webb Stone Creek to Host Community Event Feb. 11 with Live Band, Food and Drinks

 OCALA, Fla. – Del Webb Stone Creek in Ocala will host a community event with food and drinks and a live band Saturday, Feb. 11, at the Stone Creek model park 6320 SW 89th Court Rd. in Ocala.

 The event is free and open to the public.

 Sean Strickler (lower right photo) vice president of sales for Del Webb in the north Florida region, said the event, scheduled for 1 to 4 p.m. will include tours of 11 model homes at Del Webb Stone Creek along with plenty of food and beverages and prizes, including AMC, Shell Gas and Visa gift cards.

Del Webb sells single family homes and twin villas at Del Webb Stone Creek that range in size from 1,157 square feet of living space to 2,611 square feet.

 One of the largest Del Webb communities in the U.S., Del Webb Stone Creek features the Reflection Bay and Elan Spa community clubhouses and 29 acre gardens along with its own 18-hole championship golf course and the Stone Creek Grille, a favorite of the residents.

  For more information, visit delwebb.com/stonecreek or call 877-333-5932.

Contacts: 

 Jennifer Hendry, Marketing Coordinator, PulteGroup North Florida Division, 904-217-0005, jennifer.hendry@pulte.com;  

Lyndsey Patterson, Director of Marketing PulteGroup North Florida Divisions, 407-661-2150 ext 1416 2301 Lucien Way, Suite 400, Maitland, FL 32751; lyndsey.patterson@pultegroup.com;

Sean C. Strickler, Vice President Sales, PulteGroup/North Florida, 407-661-1461 sean.strickler@pultegroup.com;    

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

Acquisition of NAI Global by C-III Capital Partners is Complete; Central Florida affiliate NAI Realvest to benefit from acquisition

  

 MAITLAND, FL, Jan. 27, 2011   — NAI Global, the largest network of independent commercial real estate firms worldwide, announced that its previously reported acquisition by C-III Capital Partners LLC (C-III) has been completed.

Financial terms of the NAI Global acquisition were not disclosed.

“We’re very excited about the opportunities this transaction will provide.  NAI Realvest will continue to be the largest independently-owned full service real estate firm in this area, but this partnership with C-III will make us even more competitive both nationally and internationally”, said Patrick Mahoney (top right photo), president.

 The transaction will help create a leading fully integrated commercial property services company that will operate in markets around the world. Locally based NAI Realvest is the central Florida representative of NAI Global.

C-III is a leading commercial real estate services company engaged in a broad range of activities, including primary and special loan servicing, loan origination, fund management, CDO management, principal investment, title services and multifamily property management.

 C-III is led by chief executive officer Andrew L. Farkas (middle left photo), who founded and was Chairman and CEO of Insignia Financial Group, Inc. (NYSE:IFS). Its principal place of business is located in Irving, TX, and it has additional offices in New York, New York; Greenville, South Carolina; McLean, Virginia; Chicago, Illinois; Dallas, Texas and Nashville, Tennessee.

“The completion of this transaction represents a significant step forward in our strategy to build a fully diversified commercial real estate services company,” said Mr. Farkas.

 “With the NAI Global acquisition, we are gaining the world’s leading commercial real estate network and a tremendous foundation for future growth. As we begin a new year, we look forward to partnering with the NAI team to provide enhanced services to the commercial and institutional real estate markets they serve as well as continuing to take advantage of other opportunities to grow and expand our platform.”

 “We are thrilled to be joining forces with C-III and excited about the opportunity to deliver an even broader range of services to our members and add greater value to our collective corporate and investment clients. We look forward to tapping into their extensive resources and expertise to assist all of our clients in strategically optimizing their commercial real estate assets,” said Jeffrey M. Finn, (lower left photo) president and chief executive officer of NAI Global.

 Contact:

Patrick Mahoney,

 President

NAI Realvest

Tel: 407-875-9989

 Email:  pmahoney@realvest.com

www.nairealvest.com.

50 South Beach Condos Head To Foreclosure Auction In Next 30 Days

MIAMI, FL -- Nearly 50 South Beach condo units in a variety of well-recognized projects such as the Setai Resort & Residences (top left photo), the Murano Grande (top right photo),  the Portofino Tower, and the Flamingo South Beach (middle left photo) are headed to court-ordered foreclosure auctions in the next 30 days, according to a new report from CondoVultures.com.

The 48 units are slated to be auctioned off in an attempt to resolve nearly $14.5 million in final judgments of foreclosure against the individual borrowers and debtors, according to Miami-Dade County records.

A combination of banks and condo associations initiated the process for the foreclosure auctions, according to the records.

CondoVultures.com is scheduled to profile the latest trends in the fourth quarter of 2011 in the seven largest coastal condo markets in the tri-county South Florida region of Miami-Dade, Broward, and Palm Beach counties.  

Since the week of Jan. 16, the Condo Vultures® Market Intelligence Report™ has been publishing a seven-part weekly series analyzing new condo sales trends in Greater Downtown Miami, South Beach, Sunny Isles Beach, Hollywood / Hallandale Beach, Downtown Fort Lauderdale and the Beach, Boca Raton / Deerfield Beach, and Downtown West Palm Beach and Palm Beach Island.   

South Beach is defined as the stretch from South Pointe Drive north to the 24th Street, and the Atlantic Ocean west to Biscayne Bay. The market is comprised of the Oceanside, Art Deco District, and Bayside areas, according to the Condo Vultures® Official Condo Buyers Guide To South Beach™. 

The highest priced foreclosure judgment slated for auction is against a high-floor condo with nearly 1,300-square-feet in ultra-luxury Setai project on 20th Street in Miami Beach.

Lender Bank of America has a final judgment for nearly $2.5 million against the Setai unit, according to Miami-Dade County records.

The next two highest priced foreclosure judgments are against high floor units in the Bentley Bay condo complex on West Avenue in South Beach.

Lender JP Morgan Chase Bank is owed nearly $1.5 million for the nearly 2,000-square-foot unit on the 14th floor. Lender U.S. Bank is owed nearly $1.05 million for a nearly 2,000-square-foot unit on the 16th floor of the project, according to the records.

Rounding out the top five highest priced foreclosure auctions scheduled for the next 30 days are a more than $950,000 judgment against a unit in the Bentley Beach condo on Ocean Drive and a nearly $673,000 judgment against a high floor unit in the Floridian condominium on West Avenue.

On a project-by-project basis, the oceanfront Roney Palace condominium on Collins Avenue has five units scheduled for auction in the next month, according to government records.

A trio of separate projects - Bentley Bay, Cosmopolitan Residences, and the Floridian – each have three units scheduled to be auctioned in the next 30 days, according to the government records.

The Waverly on South Beach and the Flamingo South Beach (lower left photo) projects each have two units scheduled for auction, according to government records.

In the first three weeks of 2012, there have already been 60 condos in South Beach auctioned off in an attempt to resolve nearly $12.1 million in final judgments of foreclosure.

An additional 27 condo units were slated for auction but the dates have since been canceled, according to government records.

The scheduled auction of four dozen South Beach units comes at a time when distressed condos represent 15 percent of the available condo inventory in the internationally known neighborhood of Miami Beach as of Jan. 24, 2012, according to an analysis by the licensed Florida real estate brokerage Condo Vultures® Realty LLC.

Condo Vultures® LLC is a real estate consultancy and marketing company based at 1005 Kane Concourse, Suite 205, Bal Harbour, Florida, 33154. You can reach Condo Vultures® LLC at 800-750-0517.

Engler Financial Group Presents Exclusive Offering of Alexander at the Perimeter in Dunwoody, GA

Engler Financial Group is pleased to offer for sale Alexander at the Perimeter (top left photo), an upscale 380-unit midrise apartment community located in the Perimeter Center submarket of  Dunwoody, Georgia.

The Property was developed in 2008 on the south side of Perimeter Center East, approximately 500 feet east of Ashford Dunwoody Road.

 Alexander at the Perimeter is being offered for sale on an "unpriced" basis and represents an excellent opportunity to purchase a well-located Class "AA" apartment community in one of Atlanta’s most desirable submarkets.

Alexander at the Perimeter experienced impressive net effective rent growth throughout 2011.  In fact, between March and December 2011, net rents at the Property increased 8.3% on average. 

Future rent growth will be supported by continued household formation, with approximately 200,000 new households projected in Atlanta over the next five years.

Lack of new apartment construction within Atlanta’s "intown" submarkets (Midtown, Buckhead, Perimeter) coupled with strong absorption bodes well for further rent increases and lower vacancy rates going forward.

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

Greg Engler

CEO/President

(678) 992-2000, ext. 1

 gengler@efgus.com

Pat Jones

Senior Vice President

(678) 992-2000, ext. 2

pjones@efgus.com

Kris Mikkelsen

Vice President

(678) 992-2000, ext. 4

kmikkelsen@efgus.com

 

 Engler Financial Group, LLC | 1000 Windward Concourse, Suite 110 | Alpharetta, GA 30005 | www.efgus.com

Sperry Van Ness International Adds 16 Franchises Across the U.S. in 2011

  IRVINE, CA. (Jan. 26, 2012) – Sperry Van Ness International, one of the fastest-growing commercial real estate brokerage franchisors in the nation, added 16 new franchises across the United States in 2011.

The new franchises are part of Sperry Van Ness International’s national expansion program, which started in 2001 and has grown to more than 1,000 advisors and staff serving more than 150 markets today. 

 “We continue to expand the reach of our franchise by aligning with top firms across the country.  Not only did we exceed our expansion goals in 2011, it was also our best year in terms of growth since the market peaked in 2007, ” said Kevin Maggiacomo (top right photo), chief executive officer and president of Sperry Van Ness International.

“Our industry-leading technology platform, combined with the local market expertise of our new advisors offer an unprecedented level of support to the existing and future clients of Sperry Van Ness. 

The following firms are now independently owned and operated franchises of Sperry Van Ness International: 

• ·SVN/Tarheel Commercial, led by Jay Taylor and Kenneth Lucas, is located in Raleigh, N.C.
• SVN/The Hintze Group, led by Hay Hintze and John Klement, is located in Glendale, Wis.
• SVN/United Apartment Group, led by Ted Booras, is located in San Ramon, Calif.
• SVN/Investec Realty Services-Memphis, led by Anthony Lopes, John Snyder and Jon Albright, is located in Memphis, Tenn.
• SVN/Investec Realty Services-Nashville, led by Anthony Lopes, John Snyder and Jon Albright, is located in Nashville, Tenn.
• SVN/Stewart Commercial Realty, LLC, led by Dan Stewart, is located in Ann Arbor, Mich.
• SVN/Norris Commercial Group, LLC, led by William Michael Norris, is located in New Braunfels, Texas.
• SVN/First Guardian Group, led by Paul Getty and Dinesh Gupta, is located in San Jose, Calif.
• SVN/Realsite Group, led by Anthony Casalena, is located in New York, N.Y.
• SVN/Commercial Advisory Group, led by Larry Starr, is located at in Sarasota, Fla.
• SVN/Promus Commercial, led by Lauri Greenblatt Hines, Scott Cook and Jim Taylor, is located in San Diego, Calif.
• SVN/Bluestone & Hockley, led by Cliff Hockley and Julie Hockley, is located in Portland, Ore.
• SVN/Valley Commercial Real Estate, led by Ryan Childers, Travis Lyon and Jim Taylor, is located in El Centro, Calif.
• SVN/Resort Management, LLC, led by Robert Hasman, is located in Las Vegas, Nev.
• SVN/Hayoun, led by Sylvain Hayoun, is located in Boulder, Colo.
• SVN/The Genesis Group, led by Carnell Scruggs, is located at in Nashville, Tenn.

“The Sperry Van Ness platform continues to attract significant interest from new franchisees across the country seeking innovative technology tools, marketing expertise, training and a collaborative culture focused on the client,” added Maggiacomo. “We are looking to build on this momentum in 2012 with aggressive growth goals targeting 25 new franchises.”

For more information, visit www.svn.com.

Contact:

Megan Morales

Sperry Van Ness

714.273.2472

megan.morales@svn.com

HFF secures $52 million in acquisition financing for student housing communities serving The University of North Texas and Texas Tech University

INDIANAPOLIS, IN – HFF announced today that it has secured acquisition financing totaling $52 million on behalf of The Scion Group and Arch Street Capital Advisors.

 The acquired properties were The Retreat at Denton (top right photo) and The Retreat at Lubbock (top left photo),  Class A, cottage-style student housing communities serving The University of North Texas (lower right photo) in Denton and Texas Tech University (lower left photo) in Lubbock. 

Upon acquisition The Scion Group rebranded the properties to The Republic at Denton (www.republic-denton.com) and The Republic at Lubbock (www.republic-lubbock.com). 

HFF placed the five-year, interest-only securitized loans with Freddie Mac’s (Federal Home Loan Mortgage Corporation) CME Program.  An $18.18 million, fixed-rate loan was arranged for The Republic at Denton and a $34.02 million, fixed-rate loan was arranged for The Republic at Lubbock.  The loans will be serviced by HFF through its Freddie Mac Program Plus® Seller/Servicer program.

Completed in fall 2011, The Republic at Denton has 125 units with 492 beds that are 97 percent occupied.  Community amenities include a clubhouse, saltwater pool, outdoor volleyball court, theater and gaming room, horseshoe pit, basketball court, fitness center, bbq grills, tanning beds, poker room, music studio and clubroom with foosball and pool tables.    The property is situated on 14.97 acres at 500 Inman Street about one mile south of The University of North Texas campus.

 The Republic at Lubbock has 218 units/853 beds in two-, three-, four- and five-bedroom layouts. 

The 98 percent leased property opened in the fall of 2011 and offers residents a clubhouse, fitness center, pool, volleyball court, poker room, movie theatre, golf simulator, horseshoe pit, putting green, basketball court, tanning beds and a pet-friendly community.

Located at 3824 Erskine Street, the property is situated on 31.5 acres about one mile northwest of the Texas Tech campus.

The HFF team representing The Scion Group was led by senior managing director Dave Keller and senior real estate analyst Ken Martin.

  

Contacts:

DAVID B. KELLER                                          

HFF Senior Managing Director                       

(317) 630-3191                                                  

dbkeller@hfflp.com  

                                          

KRISTEN MURPHY

HFF Associate Director, Marketing

(713) 852-3500

krmurphy@hfflp.com

HFF named to market for sale Avalon Lombard in Lombard, Illinois

CHICAGO, IL – HFF announced today that it has been named to market for sale Avalon Lombard (top left photo), a 256-unit multi-housing community in Lombard, Illinois.

HFF is marketing the property on behalf of the seller for an undisclosed amount free and clear of debt.

Avalon Lombard is located at 2101 South Finley Road close to the intersection of Interstates 355 and 88 about 22 miles west of downtown Chicago. 

The property was partially renovated in 2009 and has one- and two-bedroom units averaging 789 square feet each.  Community amenities include a clubhouse, fitness center, WiFi lounge, game room and outdoor pool.  Avalon Lombard is 96.5 percent leased.

 The HFF investment sales team representing the seller is led by managing director Marty O’Connell (middle right photo), executive managing director Matthew Lawton (lower left photo) and managing director Sean Fogarty (lower right photo).

Contacts:   

            

MARTY O’CONNELL                  

 HFF Managing Director                

 (312) 528-3650    

moconnell@hfflp.com  

                 

KRISTEN MURPHY
HFF Associate Director, Marketing
(713) 852-3500
krmurphy@hfflp.com

NMS Properties’ New Affordable Apartments Open in Santa Monica, CA and Redefine Inexpensive Housing Expectations

SANTA MONICA, CA, Jan. 26, 2012, NMS Properties opens Luxe @ Broadway Studio Apartments (top left photo) as the newest addition to the NMS Properties multifamily affordable portfolio in Santa Monica.

Luxe @ Broadway Studio Apartments will feature 97 studio and junior one bedroom residential dwellings for rent over retail and three floors of subterranean parking.

“NMS Properties has redefined affordable living choices in Santa Monica with our latest project Luxe @ Broadway Studio Apartments. Our focus on upgraded interior finishes is equally matched with interesting exterior spaces that lends to the overall original design aesthetic. NMS Properties brand quality is seen in every detail of the project,” says Jim Andersen (lower right photo) President of NMS Properties.

 "Luxe @ Broadway Studio Apartments is a truly unique project. It was designed around an original historic World War II metal Quonset hut.

“ Designing a setting that felt natural by using walls of plant material alongside a uniquely layered green exterior provides an organic appeal and depth to this city space." says John Arnold AIA of Killefer Flammang Architects who partnered with NMS Properties on this project.

 Contact:

David Ebeling

Ebeling Communications

(p) 949.861.8351

(c) 949.278.7851

david@ebelingcomm.com

Arbor Closes 6 Fannie Mae Deals Across Texas Totaling $46.5M

  

UNIONDALE, NY (Jan. 26, 2011) -Arbor Commercial Funding, LLC (“Arbor”), a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC and a national, direct commercial real estate lender, announced the recent funding of six loans totaling $46,491,700 under the Fannie Mae DUS® Loan, Fannie Mae DUS® Multifamily Affordable Housing and Fannie Mae DUS® ARM 7-6 TM product lines across Texas.

These loans include:

·         Red Oak Town Village Apartments, Red Oak, TX (top left photo) – This 312-unit complex received $16,967,700 funded under the Fannie Mae DUS® Loan product line. The 10-year refinance loan amortizes on a 30-year schedule. Red Oak Town Village Apartments is a new, Class A property.

South Lake Villas Apartments, Houston, TX (top right photo) – This 228-unit complex received $8,008,000 funded under the Fannie Mae DUS® Multifamily Affordable Housing product line. The 10-year refinance loan amortizes on a 30-year schedule. South Lake Villas has undergone several recent renovations.

·         Madera Brookside, Arlington, TX  (middle left photo)– This 288-unit complex received $8,000,000 funded under the Fannie Mae DUS® ARM 7-6TM product line. The seven-year refinance loan amortizes on a 30-year schedule. The property recently underwent an extensive renovation and has benefitted from increasing rents and occupancy.

 Anderson Springs Apartments, Austin, TX (middle right photo) – This 325-unit complex received $7,826,000 funded under the Fannie Mae DUS® Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule.

·         Broadmoor Villa Apartments, Irving, TX  – This 100-unit complex received $3,500,000 funded under the Fannie Mae DUS® Loan product line. The seven-year refinance loan amortizes on a 30-year schedule. The Broadmoor Villa Apartments are located near Dallas/Fort Worth International airport.

Creekside Estates, Lufkin, TX (lower left photo)– This 72-unit complex received $2,190,000 funded under the Fannie Mae DUS® Multifamily Affordable Housing product line. The 10-year refinance loan amortizes on a 30-year schedule. Creekside provides affordable housing within its market as part of the Low Income Housing Tax Credit program.

All of the loans were originated by Jay Porterfield (lower right photo) Vice President, in Arbor’s Plano, TX, office. “Each of these transactions involved extremely strong and experienced local borrowers, which helped make the loan approval process a success in each case, Porterfield said. “Furthermore, each of the assets is in excellent condition and benefits from substantial local market demand.”

Contact:  Christopher Ostrowski, costrowski@arbor.com

Foreclosure Homes Account for 20% of all U.S. Residential Sales in Q3 2011, According to RealtyTrac®

IRVINE, CA– Jan. 26, 2012 — RealtyTrac® (www.realtytrac.com), the leading online marketplace for foreclosures, today released its Q3 2011 U.S. Foreclosure Sales Report™, which shows that sales of homes that were in some stage of foreclosure or bank owned accounted for 20 percent of all U.S. residential sales in the third quarter of 2011, down from 22 percent of all sales in the second quarter and down from 30 percent of all sales in the third quarter of 2010.

 Third parties purchased a total of 221,536 residential properties in some stage of foreclosure (NOD, LIS, NTS, NFS) or bank-owned (REO) during the third quarter, down 11 percent from a revised second quarter total and down 5 percent from the third quarter of 2010.

The average sales price of homes in foreclosure or bank owned was $165,322 in the third quarter, up 1 percent from the previous quarter but down 3 percent from the third quarter of 2010.

The average sales price of these foreclosure-related sales was 34 percent below the average sales price of homes not in foreclosure, matching the 34 percent foreclosure discount in the second quarter but below the 37 percent discount in the third quarter of 2010.

“While foreclosures continue to represent an excellent bargain-buying opportunity for many buyers and investors, foreclosure sales accounted for a smaller share of the total market in the third quarter,” said Brandon Moore (top right photo), chief executive officer of RealtyTrac

“That trend is not too surprising given the continued ambiguity surrounding proper foreclosure procedures — and the ripple effect that has on sales of foreclosed properties that might have been improperly foreclosed.

“The sooner the market gets more clarity about accepted foreclosure procedures, primarily through the long-promised settlement between multiple states attorneys general and major lenders, the sooner the market can more efficiently dispose of these distressed properties.

 “Even with the hurdles to selling foreclosures, foreclosure sales continue to represent a historically high percentage of all sales,” Moore continued. “In 2005 and 2006, foreclosure sales consistently accounted for less than 5 percent of all sales nationwide.”

For a complete copy of the company’s report and statistics, please contact:

Christine Stricker

949.502.8300, ext. 268

christine.stricker@realtytrac.com

 Michelle Schneider

Public Relations Consultant

RealtyTrac

Office: 949.502.8300 ext. 139

Mobile: 760.419.2543

michelle.schneider@realtytrac.com

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