Thursday, December 27, 2012

Year in review: City experienced transition in 2012 - Clovis News Journal

Year in review: City experienced transition in 2012 - Clovis News Journal

Year in review: City experienced transition in 2012 - Clovis News Journal

Year in review: City experienced transition in 2012Clovis News JournalDavid Lansford, the first city-elected mayor in 1996, decided to challenge incumbent Mayor Gayla Brumfield, a Realtor who won the position in a five-person race after Lansford declined to seek a fourth-consecutive term. The final weeks of the election ...

Wisp Operators Look Forward To Snowy Winter - CBS Local

CBS LocalWisp Operators Look Forward To Snowy WinterCBS LocalA third of Wisp's annual revenue is generated during the week of Christmas, according to General Manager Tim Prather, but warm temperatures the past two years delayed the resort's opening and threatened to derail its bottom line. This year, Wisp was ...and more »

$4 million sale closes on Lido Key's Westway Drive - Sarasota Herald-Tribune (blog)

Sarasota Herald-Tribune (blog)$4 million sale closes on Lido Key's Westway DriveSarasota Herald-Tribune (blog)Sliding-glass doors open to a veranda with an outdoor kitchen and a pool with a Jacuzzi. The boat dock has an 8-ton lift; New Pass provides access to Sarasota Bay and the Gulf of Mexico. It came on the market in March 2011 at $5.9 million and was most ...

Commitments made in Paradise Valley resort revamp - newszap.com

Commitments made in Paradise Valley resort revampnewszap.comIn addition, Judge Hollowell is allowing the guarantee of the initial loan between Crown Realty & Development CEO and President Robert Flaxman and financier Jaime Sohachefki, which is a portion of $32 million, to go unpaid while reorganization plans ...

CashSaver Trades Hands for $3.2 Million - Memphis Daily News

CashSaver Trades Hands for $3.2 MillionMemphis Daily NewsIn other commercial real estate news, plans are under way for The Capital Grille's first Memphis and Tennessee location at the Crescent Center, according to a recent permit application with the city-county Office of Construction Code Enforcement. A $1 ...

Steve Wynn ends 2012 flying high with a new $65 million jet - Las Vegas Sun (blog)

Las Vegas Sun (blog)Steve Wynn ends 2012 flying high with a new $65 million jetLas Vegas Sun (blog)Still for sale — but not for a song: Despite a few rumors seeping out of the place that a buyer was lined up, Stirling Club at Turnberry Place is still listed for sale for $18 million on the Sotheby's International Realty website. The 3.5-acre parcel ...and more »

Federal Tax Code Uncertainty Fuels Year-End Real Estate Rush - Martha's Vineyard Gazette

Martha's Vineyard GazetteFederal Tax Code Uncertainty Fuels Year-End Real Estate RushMartha's Vineyard GazetteThe Martha's Vineyard Land Bank got an early Christmas present last week when weekly revenues spiked to just over $1 million due to a flurry of real estate transactions at year's end. Total land bank revenues for the week ending Dec. 21 were $1.09 million.and more »

Glitches cause delay in land purchase - Eagle-Tribune

Glitches cause delay in land purchaseEagle-TribuneSelectman Rosemary Connelly Smedile, who operates a local real estate firm, said the board could not negotiate the sale in public, so the board went into executive session for about a half hour. When the selectmen resumed meeting in the open, they ...

Healdsburg homes features slate and stunning views - San Francisco Chronicle

San Francisco ChronicleHealdsburg homes features slate and stunning viewsSan Francisco ChronicleThe combination of upscale amenities and stunning vistas is what makes this Healdsburg home so attractive, said listing agent Sheri Morgensen of Southeby's International Realty. "It's perched on top of western hills on a ridge area and has amazing ...

Sorrento Mesa Office Complex Sells for $14.1M

Lincoln Property Co. of Dallas has purchased the two-building Cornerstone Heights Corporate Center in Sorrento Mesa for $14.1 million, in a joint venture partnership with Maryland-based Artemis Real Estate Partners.

What You Get for ... $1.5 Million - New York Times

New York TimesWhat You Get for ... $1.5 MillionNew York TimesEvery month or two, galleries and studios stay open late on Friday evenings for the Art Stroll. The Atlanta University Center Consortium, a cluster of historically black colleges including Morehouse, is just west of the neighborhood; downtown is seven ...

Assembly Square development is taking shape

The development of Assembly Square in Somerville is becoming a reality. The first phase of Assembly Row, a massive mixed-use development site, includes four buildings that will hold about 450 apartments, an AMC movie theater, and 330,000 square feet of retail space, enough for 50 to 60 stores and restaurants. The apartment buildings, AVA Somerville and Avalon at Assembly Row, are expected to ...

Landlords Have a Ball With Times Square Billboards

It's a good time to be a billboard in Times Square. One Times Square--the mostly empty office building that hosts the New Year's Eve ball drop--takes in more than $23 million a year from signage alone, according to mortgage documents.

Reforms raised hope for directionless realty industry

New Delhi, Dec 23 (IANS) After some neglect in the past several years, the realty industry in India finally saw some reforms that had a direct and indirect impact on its fortunes and which led to the some development of the sector in 2012. The prospect of a revival looks brighter once the central bank keeps it promise of cutting interest rates to spur overall growth.

St. Regis Bal Harbour condo sales spur boom in N.E. Miami-Dade

Strong condo sales topping $750 million in year one at the newly opened St. Regis Bal Harbour Resort & Residences are spurring a development boom in Bal Harbour and the neighboring barrier island cities of Surfside and Bay Harbor Islands in Northeast Miami-Dade County.

Terranova/Acadia Team on $139 Million Lincoln Road Buy

MIAMI BEACH, Fla., Dec. 20, 2012 /PRNewswire/ -- In the largest Florida retail acquisition of 2012, affiliates of Terranova Corporation and Acadia Realty Trust have acquired a $139 million, three building ...

Agree Realty Announces 2 Acquisitions

Agree Realty Announces 2 Acquisitions

Agree Realty Announces $11,600,000 In Acquisitions

FARMINGTON HILLS, Mich., Dec. 19, 2012 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) today announced that it has acquired a LA Fitness and an AutoZone. The one-story, 42,625 square foot LA Fitness ...

Silver Bay Realty Trust flat in market debut

Silver Bay Realty Trust Corp. shares are nearly flat Friday in their market debut after the company raised $245.1 million in its initial public offering of stock.

Agree Realty Announces Two Acquisitions; Portfolio Now Encompasses Over 100 Properties

FARMINGTON HILLS, Mich., Nov. 28, 2012 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) today announced that it has acquired a Big Lots store and a Dollar General Market. The 30,000 square foot Big ...

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