
SMT Residential Design welcomes the year 2010, another whole year to look up to in the real estate industry. We hope that the economic uncertainty of the year 2009 will be a thing of the past. There are indications that we are on the road to recovery as stock markets all over the world have incurred robust rebounds. It is but appropriate for us not to increase our prices for our old and new customers, this is how we have weathered the crisis and will...

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...

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...
Last Spring, CNA announced commercial real estate and property owners as a part of its targeted Middle Market focus class initiative. Today, the global insurer reinforces commercial real estate as a core industry appetite with the announcement of new coverage and service enhancements, further positioning CNA as a premier carrier for these businesses. “We’ve seen strong new business growth with this business since we launched it earlier this...
Kobra Properties, a real estate development company, based in Roseville, California, has filed for protection through Chapter 11 reorganization, saying the move was needed to honor its financial obligations, protect its employees and restructure the company so it emerges even stronger. Company officials said the action comes in response to the worsening economic recession, a depressed real estate market and the tightening and tumultuous credit industry,...
WSP Group USA has been ranked No. 1 on the authoritative ZweigWhite list of fastest-growing engineering, environmental and architecture firms for 2008. This award reflects the firm’s consistent growth and success at outperforming the economy and their competitors to become market leaders. The annual “Zweig Letter Hot Firm List” is open to all US- and Canada-based firms in the fields of engineering, environmental consulting, architecture...
The Allen Group, developers of the Dallas Logistics Hub (DLH), a 6,000-acre multi-modal logistics park in Southern Dallas County, announced today an execution of a lease with Bridge Terminal Transport (BTT), one of the largest marine container haulers covering all major port locations and inland rail sites within the United States. BTT is a market leader in worldwide container services, agency, logistics and terminal activities. The company will relocate...
Look into many personal finance magazines lately and you’ll find a plethora of articles by a certain St. Louis author about safely protecting your wealth through residential real estate. And hitting newsstands now is the December issue of Success, where this long-time real estate investor turned bestselling author and now up-and-coming speaker writes in the Wealth column about her favorite investment for the past 20 years, residential real estate. With...
Look into many personal finance magazines lately and you’ll find a plethora of articles by a certain St. Louis author about safely protecting your wealth through residential real estate. And hitting newsstands now is the December issue of Success, where this long-time real estate investor turned bestselling author and now up-and-coming speaker writes in the Wealth column about her favorite investment for the past 20 years, residential real estate. With...
Trikona Group, which contributes to India’s growth in a socially aware manner by creating new asset classes around real estate and infrastructure, today announced that HHM Gajsinghji of Jodhpur, a leading hotelier in India, has been named Chairman of Apodis Hospitality, the hospitality company affiliated with the Trikona Group. As president of the 150 member Indian Heritage Hotels Association, Gajsinghji has helped shape the hospitality and tourism...