Last week, Mayor R.T. Rybak was honored for his work as a strong champion of transportation improvements in the region by the Minnesota Transportation Alliance at the group’s Annual Meeting. This week, he’s up on YouTube, poking fun about his own driving while letting the Metro area in on an early holiday gift from Brookfield Properties–FREE parking at Gaviidae Common, every Saturday and Sunday, from Thanksgiving to Christmas. That’s right,...
The Villages, the largest single-site mixed-use real estate development in the U.S., is pleased to announce The Fresh Market® has opened in Florida’s friendliest hometown. The Villages’ location marks the specialty grocer’s twenty-second store in Florida and joins the retail line up at the 1.2 million square foot Buffalo Ridge shopping center including: Super Wal-Mart, Beall’s, Golden Corral, McDonald’s, Bonefish Grill and many more. Source:...
Building upon a year-long partnership and the successful completion of numerous advertising and marketing projects, Hydrogen Advertising has been officially named the agency of record for Quadrant Homes. Beginning today, Hydrogen will support all of the company’s online and offline advertising needs. Hydrogen’s team of strategic planners, art directors, copywriters and account managers will handle Quadrant’s planned and ad hoc marketing needs....
Kennedy Wilson Auction Group, a division of the national real estate services and investment firm Kennedy Wilson, conducted a scattered auction of nearly 75 single family homes, condominiums and town homes located in various Massachusetts, New Hampshire and Rhode Island communities. The auction started at 11 a.m., Sunday, November 16, 2008, at the Boston Marriott Burlington Hotel. Starting bids ranged from $25,000 to $200,000. Over 350 people attended...
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,...
Investors Real Estate Trust announced that its Board of Trustees has declared a regular quarterly distribution of 16.95 cents per share/unit payable on January 14, 2009, to common shareholders and unitholders of record at the close of business on January 2, 2009. The distribution reinvestment price will be the closing NASDAQ share price on January 14, 2009, less a discount of 5%. The Company has filed a registration statement with the Securities...
Citi Foundation awarded Enterprise Community Partners a $500,000 grant in support of its Green Communities ® initiative, the largest effort in the U.S. to bring the benefits of green building to low-income people. The grant will support the continued growth and expansion of Green Communities by enabling Enterprise to create more green affordable developments, deepen technical support in improving building energy performance and tap the emerging...
SaleAMP(TM), a cutting-edge marketing and software company, announced a unique pay-for-performance real estate marketing service for condo developers, large home builders and real estate related banks, nationwide. The service, based on proprietary internet marketing tools and techniques, has produced tens of thousands of buyer prospects and sales in a matter of months. “Traditional real estate marketing is broken and budgets are heavily strained...
The Streets of Buckhead, a world-class luxury destination that combines international boutiques, fine dining and exclusive residences in a streetscape setting welcomes upscale clothiers Brioni, Leggiardo and Shirts & Co. by Domenico Vacca. Ben Carter, founder and chairman of Ben Carter Properties, is creating the region’s premier luxury shopping experience in the heart of Atlanta’s affluent Buckhead community. The development already boasts...
Berkshire Income Realty, Inc.(“Berkshire” or the “Company”) reported its results for the periods ended September 30, 2008. Financial highlights for the three and nine-month periods include: The Company’s Funds from Operations (“FFO”), a non-GAAP financial measure, for the three and nine months ended September 30, 2008 were $2,071,466 and $5,411,032, respectively, as compared to $2,259,707 and $4,235,769, respectively,...