Sheraton Orlando Downtown Hotel Acquired by Resolution Services and Glenmont Capital Management

A joint venture comprised of affiliates of Glenmont Capital Management, LLC and Resolution Services LLC announced today its acquisition of the Sheraton Orlando Downtown from the property’s lender. With 341 rooms and 20,000 square feet of meeting space, the hotel is Orlando’s largest downtown hotel. Well situated in the heart of downtown, the property is also only a short drive from Universal Studios and conveniently located directly off Interstate... 

Williams & Williams to Auction Pontiac Silverdome

Williams & Williams, the premier brand in real estate auctions, announced today that it is selling the Silverdome in Pontiac, Michigan, and 127+/- surrounding acres, through an Absolute, No Reserve Auction in partnership with CB Richard Ellis on behalf of the City of Pontiac. Williams & Williams is accepting sealed bids for the Silverdome Auction now through Thursday, November 12th, 4pm EST. At that time, the City of Pontiac, in its sole... 

The Luxury Carlyle Residences

The affluent consumer market is on the rise. The Luxury Consumption Index (LCI) shows that consumer confidence is increasing, as the average dollars spent on luxury goods is up ytd and from first quarter to second quarter of this year. Buyers, brokers and developers alike express optimism, forecasting that the more than two-year decline in homes sales is over and that the consumer market is emerging from the recession, putting purchasing power back... 

CertainTeed WeatherBoards FiberCement Siding for Mid-Atlantics First Carbon-Neutral Home

Carbon-neutral home building is a new and growing trend in sustainability, where more efficient building design, innovative technology and strategic locations can be combined to reduce carbon emissions — the leading cause of greenhouse gases. A significant part of achieving this goal in the construction of such homes is ensuring that each building product installed has the maximum amount of sustainable attributes. Such is the case with the Carbon... 

Williams & Williams to Auction the Historic Glendorn Resort

The acclaimed Glendorn Resort, located in Bradford, Pennsylvania, will sell at auction at www.williamsauction.com (both on site and live via the internet) on Sunday, October 4, at 2:00 p.m. EDT/1:00 p.m. CDT/11:00 a.m. PDT. Williams & Williams, the premier brand in real estate auction, will manage the sale. Auction Network will telecast the auction live online for real time global interactive bidding at www.auctionnetwork.com. The Glendorn Resort... 

Loloma 5 Live / Work by Will Bruder Architects

Loloma 5 – A completely modern Live/Work solution at a new level of urban experience and architectural design. Showcasing a fabulous palette of materials designed and conceived by Architect Will Bruder. Every unit offers commercial office space, 2 bedrooms, roof terrace, and a view patio aligned with Camelback Mountain. This was the first development in the Loloma Arts District which offers easy access to the very best of historic downtown Scottsdale,... 

7-Eleven Plans Aggressive Expansion

While many retailers are contracting or limiting expansion, 7-Eleven is aggressively growing and expects to add more than 200 new stores this year. Plans call for the company to accelerate store development over the next several years through organic growth, acquisitions and its Business Conversion Program. 7-Eleven has a multi-pronged approach to growth that includes in-line, end-cap space in shopping centers, freestanding stores, urban locations... 

Yacht Slip at Ocean Reef Sells for Record $4 Million

A megayacht slip has sold for a record $4 million at Key Largo’s prestigious Ocean Reef Club, announced Russell Post, President of Russell Post Sotheby’s International Realty who represented both parties during the transaction. The $4 million slip, located on the T-Dock, can accommodate yachts up to 165 feet in length. The previous record sale at Ocean Reef for a similar size dock was $2 million. “In spite of the economy, the demand for megayacht... 

Magnificent Estate in Colorado’s Prestigious Cherry Hills Village to be offered in Landmark Online Auction

Set against the majestic Rocky Mountains, the timeless elegance of the French countryside is realized in this luxurious $10 million Cherry Hills Village estate. Just minutes from downtown Denver, this new rural retreat perched upon ±2.50-acre seamlessly blends wood and stone to create an opulent display of world-class architecture. Following an increasing trend in real estate sales, this exquisite property at 5800 Piedmont Drive will be auctioned... 

Rental successes at Capital Square in Budapest

HOCHTIEF Development Hungary, the Hungarian subsidiary of HOCHTIEF Projektentwicklung, has found more tenants for Capital Square. The Hungarian electricity provider Budapesti Elektromos Müvek Nyrt (ELM?) signed up for almost 4,000 square meters of space. On another 1,500 square meters, the first office services center of FirstClients, a newly founded company providing office services, will be opened on April 1, 2009. CA Immo International had bought...