Emerald View Properties, a real estate marketing, sales, and consulting firm linking U.S. investors to residential and commercial properties in the UAE, announces the launch of their new office in New York City. Already a highly regarded firm out of Washington, D.C., Emerald View is a team of experts in real estate sales, portfolio investment, REIT management, development, property management, and relocation services. After building a loyal American...
RedPeak Properties, one of the most respected apartment owners, acquirers and developers in Denver, announced today that it won four Tributes 2008 Awards at the Apartment Association of Metro Denver’s (AAMD) Tributes Gala held November 15, 2008. RedPeak took top honors in the following categories: – RedPeak’s Team for Tomorrow Program was recognized as the Most Outstanding Employee Retention Program; – Joanna Pulido, community...
SCI Real Estate Investments, LLC has announced the acquisition of Kings Cove, a 192-unit luxury apartment-home community in Kingwood, Texas, from Houston-based developer, Dinerstein Companies for tenant-in-common investing. Kings Cove serves as an example of SCI’s smart investment strategy of purchasing institutional-quality apartment communities in growing metropolitan areas, such as Houston and Dallas. Future acquisitions of Class-A multifamily...
Wealthy U.S. consumers report that owning a vacation home is the item they most desire, and taking exotic vacations is their most sought-after luxury experience, according to a Luxury Institute survey of U.S. consumers with average household income of $332,000 and average net-worth of $3.3 million. The study was developed with Resonance Consultancy Ltd. According to the survey, wealthy U.S. consumers place more importance on experiences such as owning...
American Realty Advisors announced that it has provided preferred equity financing to an affiliate of Quadrangle Development Corporation for the recapitalization of the Grand Hyatt Washington, an 888 room, luxury full-service hotel located in the burgeoning East End of Washington, DC. The investment was executed on behalf of one of American’s separate account clients. The Grand Hyatt Washington, built in 1987, underwent a full-scale guestroom,...
RREEF Real Estate and Kennedy Wilson today announced that 901 Fifth Avenue in Seattle, WA, a 41-story 558,607 sq. ft office tower has achieved LEED-EB™ (existing building) Silver certification. The certification marks the completion of one of the largest environmental retrofits in the industry for an existing property and Seattle’s first full city block targeting LEED certification. The new ownership and management of Seattle’s 901 Fifth Avenue...
McGuire Real Estate, a San Francisco-based real estate company specializing in luxury real estate, announced today the appointment of Gregory Bryan as Realtor® in its San Francisco downtown office at 560 Davis. Bryan joins McGuire from Keller Williams Realty in San Francisco where he was a Realtor. Earlier he was a project manager with Wells Fargo where he developed and managed banking products that were secured by commercial and residential properties....
Group 24, LLC, announced it has become a 50 percent partner with Turnberry, Ltd., one of the United States’ premier real estate companies, in the development of Turnberry Tower, a 40-story, luxury condominium project slated for San Francisco’s Rincon Hill neighborhood. Group 24’s major investment in the $300 million residential tower is the firm’s first project with Turnberry. “Turnberry has set the standard for upscale living in major cities...
SCI Real Estate Investments, LLC and 34 Tenant-in-Common Co-owners announced the sale of Casa Paloma Shopping Center located in Chandler, Arizona for an undisclosed amount. Since 2006, SCI has totaled over $409 million in TIC property re-sale dispositions, comprised of over 2.5 million square feet of multifamily, office and retail property. These Class-A, institutional-quality properties have offered investors cash flow and exceptional appreciation. SCI...
Oakwood Worldwide, the leading, global temporary housing provider, announces the opening of the Oakwood Premier Prestige Bangalore property, its newest five star premier property, offering a lush environment, impeccable amenities and service offerings along with convenient access to the center of Bangalore, India. Oakwood plans to add an additional ten properties in the country by 2010 including locations in Mumbai and Pune, and future plans include...