HFF closes sale of central California grocery-anchored retail center and arranges acquisition financing for Highpoint Capital Group, LLC

Hallmark Town Center, Madera, CA

SAN FRANCISCO, CA, Nov. 9, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of and arranged acquisition financing for Hallmark Town Center, an 85,066-square-foot, grocery-anchored shopping center in the central California community of Madera, California.

Bryan Ley

HFF marketed the property on behalf of the seller, Weingarten Realty Investors.  Highpoint Capital Group, LLC (Highpoint), a private real estate investment firm based in Los Angeles purchased the shopping center.

 The firm is one of the most active buyers of multi-tenant retail properties (both anchored and un-anchored) priced between $5 and $25 million in the coastal and western states.

  HFF also worked on Highpoint’s behalf to place a 10-year, fixed-rate CMBS loan with a banking and financial services holding company.

 Anchored by Food 4 Less, Hallmark Town Center comprises two multi-tenant buildings and an outparcel pad.  The 96-percent-leased center is also home to national and regional tenants, including Thrive Fitness, Taco Bell, Furniture Town, Supercuts, Little Caesars, Blooming Fashion and Deli Delicious. 

Situated on 8.39 acres at 2330-2360 West Cleveland Avenue, Hallmark Town Center is at the southwest corner of West Cleveland Avenue and North Schnoor Street, which have combined traffic counts of approximately 39,427 vehicles per day.  The center is located in the primary retail hub of Madera, a town located midway between San Francisco and Los Angeles.

The HFF investment sales team was led by managing director Bryan Ley and associate Justin Kundrak in HFF’s Los Angeles office.

The HFF debt placement team was led by managing director Peter Smyslowski and director John Churchward in HFF’s San Francisco office.

Justin Kundrak

“Hallmark Town Center represented a market-leading transaction and was a great execution for the buyer and seller,” Ley said.  “This top-producing, grocery-anchored center saw strong interest from investors in this growing secondary market of Central California. 

“The dual-track approach by HFF drew aggressive pricing on the deal while marrying the most competitive debt available in the capital markets with the right buyer.”

“HFF delivered strong finance solutions that generated attractive returns for the sponsorship,” Churchward added.

  

Jeffrey Seltzer, President of Highpoint Capital Group, noted, “We are very excited about the acquisition of Hallmark Town Center as we are aggressively looking to purchase retail centers across the United States, with a specific emphasis on secondary markets like the California Central Valley.”

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

Olivia Hennessey

Public Relations Coordinator

HFF | 9 Greenway Plaza Suite 700 | Houston, Texas 77046

tel 713.852.3403 | fax 713.527.8725 | hfflp.com

ohennessey@hfflp.com

www.weingarten.com

 www.highpointcapital.net

.

HFF expands its self storage investment sales team with hiring of Tom Doyle as a director in its Tampa, FL office

Tom Doyle

TAMPA, FL. Nov/ 9, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has hired Tom Doyle as a director in its Tampa office to focus on self storage investment sales transactions in the Southeastern and Southwestern United States. 

Mr. Doyle joins HFF from SkyView Advisors, a self storage brokerage firm, where he was a senior vice president.  In this role, he provided clients with a range of advisory services, including acquisition and disposition strategies, asset valuation, joint venture structures, debt and equity strategies and third party management audits.

 Prior to SkyView, Mr. Doyle was a senior vice president at Brown Gibbons Lang, where he initiated the self storage group for the regional investment bank. Prior to his career in self storage real estate,

Mr. Doyle played professional baseball at the AAA level for the Phillies, Padres, Reds, Rockies and Mariners over a 14-year span, and was a special assignment coach with the Yankees and the Rays. 

He is a member of the Florida Self Storage Association Board of Directors, and Georgia, North Carolina, Tennessee and Alabama Self Storage Associations. 

“Self storage has emerged over the last few years as a popular investment class and we are thrilled that Tom has joined our team to offer HFF’s valued self storage clients a key contact in the Southeastern and Southwestern United States,” said Matt Mitchell, senior managing director and co-head of HFF’s Tampa office.

 “Tom is a respected leader in the self storage space and has developed a reputation for integrity and professionalism, knowledge of the market and dedication to this clients through his long-term relationships.” 

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

Kristen M. Murphy

Director, Marketing

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

Baker Development Breaks Ground for ELEVATE Lincoln Park, IL – The First Luxury Apartment Building on Lincoln Avenue

Michele Smith

CHICAGO, IL (Nov. 8, 2016) – After demolishing the old Lincoln Centre complex on Lincoln Avenue in Lincoln Park earlier this year, Baker Development Corporation announced it will now begin construction on ELEVATE Lincoln Park – a mixed-use 191-unit luxury apartment building in the heart of Lincoln Park.

A groundbreaking ceremony was held on November 1 to commemorate the significance of the project as the first luxury apartment building and Transit Oriented Development (TOD) on Lincoln Avenue, and to celebrate the positive impact it will have on the local community.

“We worked closely with Lincoln Park Alderman, Michele Smith, and the Wrightwood Neighbors Association to design a vibrant development that would transform the neighborhood,” said Dan Slack of Baker Development Corporation as he addressed the crowd at the groundbreaking.

“There hasn’t been a new apartment building constructed in Lincoln Park like ELEVATE in decades. ELEVATE will join The Lincoln Common project – at the old Children's Memorial Hospital site just a few blocks south – as a catalyst for restoring this sleepy stretch of Lincoln Avenue to its original glory,”  Slack said.

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

Kelly Shumaker at Taylor Johnson at (312) 267-4519 or kshumaker@taylorjohnson.com

Cohen Commercial Realty Brokers Jupiter, FL Medical Office Condo

Bryan Cohen

Jupiter, FL — Bryan Cohen and Allan Carlisle of Cohen Commercial Realty, Inc., announced the sale of 601 University Boulevard, Unit 201. This 1,938-square-foot medical office condo is located at 601 University Boulevard just west of Military Trail in Jupiter. Cohen Commercial represented the seller in this transaction.

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

Jamie Crocker

jamiecrocker@cohencommercial.com

NAI Realvest Team Negotiates Lease Agreement with Manatee County Farm Bureau for its New Location in Ellenton, FL

Kimberly Manson

Ellenton, Fla. --- NAI Realvest recently negotiated a new, long-term sublease agreement for 1,595 rentable square feet in a retail center at 2025 60th Ave. just East of I-75 and North of US 301 in Ellenton.  

Jeff Tanner

Kim Manson, director of retail and investment sales at NAI Realvest and Jeff Tanner, senior VP of investment sales and leasing, brokered the transaction on behalf of Tampa-based Soaring Wings Ellenton, LLC, the Sublessor and Manatee County Farm Bureau Inc., Sublessee.  

Manatee County Farm Bureau Inc., based in Bradenton, will be moving its office to this new location within the next few months.

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

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

KIG Brokers $86 Million Portfolio Sale in Downtown Chicago

901 West Jackson, Chicago, IL

Susan Tjarksen

 CHICAGO, IL (Nov. 8, 2016) — KIG, Chicago’s leading commercial real estate brokerage firm specializing in institutional multifamily properties throughout the Midwest, today announced it has brokered an $86 million portfolio sale of six vintage office buildings and three land sites in downtown Chicago.

Real estate investment firm R2 Companies purchased the properties, located throughout the West Loop, Greektown, River North and Printers Row, from Chicago-based Loft Development Corp., which was represented by KIG Principal and Managing Broker Susan Tjarksen.

                  

“For a transaction of this scale, it was crucial for KIG to find a buyer that was not only familiar with these neighborhoods, but also had the connections and experience necessary to maximize the value of the underlying real estate through adaptive reuse and multifamily developments,” said Tjarksen.

 “R2 was selected because of their successful track record of developing, renovating and repositioning commercial real estate assets, including numerous loft office buildings and land sites, throughout Chicago and the Midwest.”

Matt Garrison

 Built between 1883 and 1904, the properties are collectively 90.8 percent occupied, with an average of 3.9 years remaining on existing leases.

“These properties are located in some of Chicago’s hottest neighborhoods for office, retail and residential development, which made them especially attractive from an investment standpoint because we were able to expand our footprint in a single transaction,” said Matt Garrison, managing principal of R2. 

“With the help of KIG, we were able to see the potential in each asset and value that could be realized through additional investment.”

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

Rebecca Boykin, rboykin@taylorjohnson.com, (312) 267-4523

Abe Tekippe, atekippe@taylorjohnson.com, (312) 267-4528

www.kigcre.com.

ATTOM Data Solutions Reports Distressed Home Sales Drop to Nine-Year-Low in Q3 2016

 IRVINE, CA — ATTOM Data Solutions, the nation’s leading source for comprehensive housing data and the new parent company of RealtyTrac  released its Q3 2016 U.S. Home Sales Report, which shows that distressed sales — including bank-owned (REO) sales, sales of homes actively in foreclosure, and short sales — accounted for 12.9 percent of all U.S. single family home and condo sales in Q3 2016, down from 15.0 percent in the previous quarter and down from 15.9 percent in Q3 2015 to the lowest share of distressed home sales since Q3 2007, when distressed sales accounted for 12.3 percent of all home sales.

“Distressed inventory for sale is virtually non-existent in many of the nation’s hottest housing markets, and when a distressed property is listed for sale in those markets it often sells quickly and at little or no discount,” said Daren Blomquist, senior vice president at ATTOM Data Solutions.

“The scarcity of discounted distressed inventory is chasing away cash buyers and other bargain hunters, but it’s certainly good news for home sellers, who nationwide realized the biggest home price gains since purchase in nine years.

“We are seeing the average seller home price gain since purchase start to wane in some of the highest-priced markets where appreciation is beginning to cool, indicating those markets are past their prime as sellers’ markets,” Blomquist continued.

“Meanwhile there are still a number of buyers’ markets across the country where a high level of lingering distress and relatively weak demand from owner-occupant buyers provides investors with plenty of bargain-buying opportunities.”

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

Jennifer von Pohlmann

949-502-8300 ext 139

Jennifer.vonpohlmann@attomdata.com

http://www.attomdata.com/

ATTOM Data Solutions Shows Post-recession resurgence in creative financing for low-value homes

IRVINE, CA -- Following the subprime lending collapse in late 2008, there was a void in financing for low-credit borrowers with little or no down payments. 

Loans backed by FHA stepped in to fill some of that void, with FHA purchase loans jumping from just 3.3 percent of all purchase loan originations in Q4 2006 to 27.2 percent in Q4 2008.

But FHA loans weren’t alone in their resurgence following the fallout of subprime lending. A lesser-known (although long-used) financing instrument called a contract for deed (see definition in full article; link below) gained traction in the years following the collapse of subprime lenders, particularly for low-value homes in Rust Belt cities like Detroit, Flint, Youngstown and Indianapolis.

New contract-for-deed data collected by ATTOM Data Solutions shows the trend as illustrated in the infographic below. Here’s a link to the infographic, and here’s a link to the full article on this topic.

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

Sr. Public Relations Manager jennifer.vonpohlmann@attomdata.com

City Office REIT, Feldman Equities and Tower Realty Joint Venture Acquires Park Tower in Downtown Tampa, FL

Park Tower, Downtown Tampa, FL

TAMPA, FL – A joint venture consisting of affiliates of NYSE listed City Office REIT (NYSE: CIO), Feldman Equities LLC, and Tower Realty Partners has acquired Park Tower, a 36-story, 475,000 square foot office building located in downtown Tampa.  The joint venture purchased the office building for $79.75 million.

The joint venture intends to make a substantial investment in the property to modernize the building.  The building is approximately 86% leased. Its anchor tenants include BB&T, United States Department of Justice – US Attorney’s Office, Level 3 Communications, and Lykes Insurance.

City Office REIT currently owns approximately 1.0 million square feet of office properties in the Tampa Bay market. 

“We are strong believers in the Tampa Bay market with its tremendous job and population growth and are excited to add Park Tower to our expanding portfolio,” commented Jamie Farrar, CEO of City Office REIT. 

“As with our other downtown acquisitions, this is yet another opportunity for us to do what we do best – renovating and upgrading office buildings in order to maximize their value,” commented co-owner Larry Feldman, CEO of Feldman Equities.

    Mike DiBlasi, Feldman Equities Executive Vice President for Leasing and Marketing, will lead leasing efforts.

Larry Feldman

“Located at the corner of Kennedy Blvd. and Tampa St., Park Tower sits on the most important intersection in Tampa. This is a great opportunity for a tenant looking to move into the heart of downtown,” said DiBlasi.  Park Tower offers spectacular views of Hillsborough Bay, the Hillsborough River, and the Downtown Tampa skyline.

“Downtown Tampa is undergoing a remarkable revitalization with numerous residential developments and the emergence of the Tampa Riverwalk entertainment district,” stated Feldman. “We are elated to be at the forefront of the downtown’s revitalization.”

Tower Realty Partners is a privately held, commercial real estate investment & management company based in Orlando, Florida. Founded in 1987 by principals Cliff Stein and Reid Berman, Tower Realty partners has been involved in the acquisition, leasing, and management of over 20 million square feet of real estate totaling in excess of $1.6 billion in transactions.

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

tyoungman@assetmarketingonline.com

www.towerrealtypartners.com

www.feldmanequities.com

http://www.cityofficereit.com/

Charles Nance Joins Capital Square 1031 as Managing Director

Charles Nance

RICHMOND, Va. (Nov. 7, 2016) - Capital Square 1031, LLC, a leading sponsor of replacement property for Section 1031 exchanges, announced today that Charles Nance has joined the company as managing director.

“Charles is an experienced estate planner and tax professional who will lead the sales of our 1031/Delaware Statutory Trusts in the Mid-Atlantic region,” said Louis Rogers, founder and chief executive officer of Capital Square 1031.

“His successful history, combined with the relationships he has built throughout the region over many years, is a valuable asset as Capital Square continues to grow in the region. We are thrilled to welcome him to our team.” 

Nance joins Capital Square as an estate and tax planning attorney with over three decades of experience. Prior to focusing exclusively on estate planning, Nance was in-house counsel for a securities broker-dealer, a work-out consultant, and developer of LIHTC housing. He previously served as a legislative assistant in the U.S. House of Representatives and as assistant to various Virginia elected officials. 

Louis Rogers

Nance is a member of the Virginia State Bar, Trusts & Estates Section, and formerly served on the Continuing Education Committee of the Bar Association of the City of Richmond.

 He was selected by Virginia Business Magazine as a leading tax and estate attorney in an annual survey of the state’s “Legal Elite” and authored The Consumer’s Guide to Nursing Homes and the Division of Assets in Virginia.

He earned a bachelor’s degree from the College of William and Mary and a juris doctorate degree from George Mason University.

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

Julie Leber

Spotlight Marketing Communications

949.427.5172, ext. 703

julie@spotlightmarcom.com

www.CapitalSquare1031.com

IDI Gazeley North America Appoints Mark Saturno CEO

Mark Saturno

ATLANTA, GA – IDI Gazeley, a portfolio company of Brookfield and a leading global investor and developer of logistics warehouses and distribution parks, announced that Mark Saturno has been appointed CEO for North America.

 In this role, Saturno will oversee IDI Gazeley’s North American operations and will be based in the company’s Core Support office in Atlanta.

“Mark is ideally suited to lead our business into the future. As we look forward to 2017, we expect to make significant new investments through development starts, building acquisitions and land. Mark’s experience and in-depth knowledge of the industry will help ensure we consistently deliver the best-in-class product our customers expect,” said Jay Cornforth, managing partner and global head of industrial for Brookfield.

Previously, Saturno was a senior principal at Molto Properties in Chicago where he oversaw Molto's entry into the development arena and expansion beyond Chicago.

Prior to joining Molto, Saturno was the Chief Operating Officer of McShane Development Company and Managing Director for AMB’s Midwest Region. 

At AMB, he ran an operating business with more than 40 million square feet of industrial assets that were vertically integrated from in-house property management to acquisitions and developments. Saturno also worked at First Industrial for more than 10 years in various positions.   

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

IDI Gazeley

Andria Detaille

404-479-1675

andria.detaille@idigazeley.com

Jackson Spalding for IDI Gazeley

Mary Claire Keane

404-214-3559

mkeane@jacksonspalding.com

HFF closes $87 million sale of 1,240-stall parking garage in downtown Seattle, WA

Pacific Place Garage Apartments, 1612  6tth Avenue, Downtown Seattle WA

Nicholas Kucha

PORTLAND, OR –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the $87 million sale of Pacific Place Garage, a 1,240-stall subterranean parking garage adjacent to the Nordstrom national flagship store in downtown Seattle, Washington.

HFF marketed the property on behalf of the seller, the city of Seattle.  Madison Marquette purchased the asset.

The six-level Pacific Place Garage contains 440,185 square feet situated on 2.08 acres in downtown Seattle.  The garage was completed in 1998 and features valet and self-service parking in addition to six hydraulic passenger elevators. 

Located at 1612 6th Avenue, the garage is below Pacific Place Shopping Center, a five-story, 335,000-square-foot retail, restaurant and entertainment destination anchored by an 11-screen AMC Theatre.

 In addition to the adjacent flagship Nordstrom, the garage is in the heart of downtown Seattle’s retail core in an area with a Walk Score® of 99 – a Walker’s Paradise – and proximate to 14.6 million square feet of office space. 

The HFF investment sales team was led by senior managing director Nicholas Kucha.  Kinzer Partners, represented by Dugan Earl, Kris Curtis and Craig Kinzer, co-brokered the transaction.

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

Kristen Murphy

Director, Marketing

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

tel 617.848.1572 | fax 617.338.2150 | www.hfflp.com

krmurphy@hfflp.com

http://madisonmarquette.com.

Gelt, Inc. Acquires 228-Unit Apartment Community Near Portland, OR for $39.5 Million

Keith Wasserman

 Los Angeles, CA – Marking its first acquisition in Oregon, Gelt Inc., a Los Angeles-based real estate investment and asset management firm, has acquired Powell Valley Apartment Homes for $39.5 million. The 228-unit apartment community is located at 1500 SW Pleasant View Drive in Gresham, a suburb of Portland. The seller was Jackson Square Properties.

“Powell Valley Apartment Homes is an ideal asset to add to our expanding portfolio,” said Keith Wasserman, partner with Gelt. “We liked that this well-maintained garden-style asset is in Gresham, a strategically located Portland submarket with minimal multifamily product being developed over the past several years, and a very limited pipeline of future development.

“Subsequently, Gresham is experiencing some of the best rental apartment metrics in the nation as occupancy is hovering close to 100 percent.” 

Wasserman added: “The Portland region’s job market has grown at a strong pace in recent years. This, coupled with significant in-migration into the area has led to an increasingly high demand for apartment units.”

Built in 1999 and situated on 9.23 acres, the property includes 18 residential buildings as well as a newly renovated clubhouse building with a leasing office, 24-hour fitness center, conference room and internet café.

Other on-site amenities include a swimming pool, year-round covered spa, an outdoor playground, a dog run, and covered garages. The property includes 38 one-bedroom units, 186 two-bedroom units, and four three-bedroom units. Each unit has a full-size washer and dryer, large deck or private patio, and exterior storage closet.

Jeffrey Harris

The seller recently renovated approximately 92 unit interiors with modern upgrades. In order to tap into renter demand for high-end finishes, Gelt plans to immediately embark on adding value to the asset by renovating approximately 100 additional units with vinyl plank flooring, stainless steel appliances, new fixtures, window covering, and new cabinet faces.  

“As a private equity firm focused on the multifamily sector, the strong fundamentals in the Portland market indicate to us that the area is primed for consistent, long-term growth and subsequently will provide strong returns for Gelt and our investors,” said Jeff Harris, director of acquisitions with Gelt. “We are thrilled to have acquired our first property in the Portland region, and we are looking to continue purchasing well-located multifamily assets in this market.”

Gresham is located on the eastern edge of Portland, and is Oregon’s fourth largest city. With a population of more than 109,000 residents, it is the second largest city in the Portland/Vancouver region.  Gresham not only benefits from a key location just 15 minutes from downtown Portland, it is also home to major corporations which employ thousands of people including Subaru, Boeing, Microchip, Xerox, U.S. Bank.

Tyler Johnson, Cody Hagerman, Greg Frick and Rob Marton of HFO Investment Real Estate represented both the buyer and seller in the transaction. The financing was arranged by Brian Eisendrath and Cameron Chalfant at CBRE.

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

Darcie Giacchetto

949.278.6224

29th Street Capital Acquires Eighth Bay Area Multifamily Property in Concord, CA

Tradewinds Apartments, Concord, CA

 

Casey Davis

Concord, CA – 29th Street Capital (29SC), a privately-held real estate investment and advisory firm, has acquired Tradewinds Apartments in Concord, California.

The multifamily community is in the East Bay submarket of San Francisco. Tradewinds contains one-, two- and three-bedroom units, offering floorplans and a location that appeals to both families and working professionals.

29SC purchased the asset off-market from the heirs of a family trust.  The firm plans approximately $400,000 worth of renovations, which will include new appliance packages, microwaves, lighting and hardware along with accent walls. 

Exterior improvements will include fresh paint, modern signage, pool deck upgrades and repairs to wood paneling.

“We are very excited about this acquisition,” said Casey Davis, 29th Street Capital’s Vice President of Acquisitions for California. “Tradewinds is a value-add asset in a great location with excellent schools, plentiful employment opportunities, and extremely strong submarket fundamentals for recently renovated multifamily product.”

The transaction closed on October 25. The sale price was not disclosed. The 25-unit community was built in 1971.

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

http://www.facebook.com/pages/Thornton-Communications/112101288827299 http://twitter.com/Ttho http://www.linkedin.com/in/TerriThornton Terri Thornton

Partner, Thornton Communications

Phone: 404-932-4347

Email: Terri@TerriThornton.com

Website: www.TerriThornton.com

www.29thstreetcapital.com.

The Keyes Company Closes $25.8 Million Sale of Gables Estates Mansion, Second-Highest Price This Year for Miami-Dade Single-Family Home

110 Arvida Parkway, Gables Estates, Coral Gables, FL

Lance Ruffe

CORAL GABLES, FL – Lance Ruffe and Ray Betancourt of The Keyes Company Luxury Division listed and sold a Gables Estates mansion for $25.8 million, the second-highest price this year for a single-family home in Miami-Dade County.

According to Ruffe, the estate also has a place in movie history. One year after its construction, location scouts found the property and received permission to film “Two Much,” the 1996 romance in which stars Antonio Banderas and Melanie Griffith met and fell in love in real life.

The home at 110 Arvida Parkway had been on the market for two years with a different real estate agency before Keyes won the listing in November 2015.

“We properly conveyed the true value of the home by showing comparable waterfront sales in the Gables, Key Biscayne and other exclusive communities such as Indian Creek and Star Island,” said Ruffe.

The two-story, Mediterranean-style residence built in 1993 on almost two acres, has unobstructed bayfront views, a 200-foot dock and seawall, six bedrooms and nine-and-a-half bedrooms. Neither the buyer nor the seller were identified.

The sale’s completion, as well as the July 2016 merger with Illustrated Properties, reflects the strength of Keyes’ luxury position.

Ray Betancourt

Following the merger, Keyes and Illustrated are, together, the largest independently-owned real estate firm in Florida and a Top 25-ranked firm in the entire United States. Keyes and Illustrated have doubled their $1 million-plus property sales throughout South Florida.

Independently-owned and operated since its founding in 1926, Keyes stays very active in luxury residential real estate alongside its Valore Group Real Estate and Platinum Properties divisions. 

Keyes annually sells $650 million in luxury homes priced at $1 million or more. The company expects to grow its annual sales velocity in that category to more than $1 billion.

Keyes is a founding member and shareholder of Leading Real Estate Companies of the World®, a global network of more than 550 premier real estate firms encompassing 4,000 offices and more than 128,000 Sales Associates in 55 countries, and Luxury Portfolio International™, which sells more $1 million-plus properties than any other brand in the world.

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

Ashley Fierman

Account Executive, BoardroomPR

afierman@boardroompr.com

O 954-370-8999

C 954-330-1554

Bank of America Plaza | 1776 N. Pine Island Road

Suite 320 | Plantation, FL 33322.