Archives
Regulatory Burden Continues to Restrict Mortgage Lending: ABA Survey
Eighty-six percent of the typical bank’s mortgage loans made last year were “qualified mortgages,” according to the American Bankers Association’s 23rd annual Real Estate Lending Survey. Despite an increase in non-QM lending, the survey results revealed that 72 percent of respondents expect the Consumer Financial Protection Bureau’s mortgage lending rules will continue to cause a reduction in credit availability.
Record Number of MLSs and REALTOR Associations Launch Property Panorama’s InstaView More than 140...
Within the next 30 days, 7 more multiple listing services and REALTOR® Associations will offer their members Property Panorama’s InstaView, the enterprise software solution that delivers totally hands-free, state-of-the-art virtual tours.
Nine Chapters Earn CCIM Institute’s 2015 President’s Cup Award
CCIM chapters honored for excellence at organization's Midyear Business Meetings.
Washington, D.C. - (RealEstateRama) -- CCIM Institute recognized nine local CCIM chapters for excellence at...
Hanley Investment Group Brokers Sale-Leaseback of Wendy’s in La Mesa for $4,125,000
Hanley Investment Group, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Eric Wohl completed the sale-leaseback of a Wendy’s restaurant in San Diego County, California. The 2,806-square-foot single-tenant NNN retail property with a drive-thru is located on .84 acres at 8749 Campo Road, near the intersection of Spring Street and Campo Road in La Mesa. The property sold for $4,125,000, representing a record-setting cap rate for a fee-simple Wendy's sale-leaseback in California.
The Boulder Group Arranges Sale of Net Lease ALDI Ground Lease
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant ALDI ground lease located at 5811 High Street in Portsmouth, VA for $3,280,000
The Boulder Group Arranges Sale of Net Lease Buffalo Wild Wings Property
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net lease Buffalo Wild Wings property located at 404 Marshall Road in Superior, CO for $2,158,852.
The Boulder Group Publishes 1st Quarter Net Lease Market Research Report
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the 1st quarter activity in the National Net Lease Market.
CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of University Village
CBRE Executive Vice President Philip D. Voorhees announced today that he and the National Retail Investment Group – West (NRIG-West) team completed the sale of University Village, a 180,681-square-foot non-core, multi-level, theater-anchored entertainment center in Riverside, Calif. The sale price was $43,890,000, representing a 6.20% cap rate.
KTGY-designed Communities Win Silver Nugget Awards
International award-winning firm KTGY Architecture + Planning is pleased to announce that three KTGY-designed residential communities have garnered five top honors in Southern Nevada Home Builders Association 2016 Silver Nugget Awards competition. The Silver Nugget Awards program honors excellence in the Southern Nevada home builders’ industry.
Chapman University’s Musco Center for the Arts Celebrates Grand Opening
KTGY represented the project through the City’s Design Review process including preparation and processing a Specific Plan Amendment, Design Review Committee Review, and outreach to neighbors, students, historic advocacy groups, and community leaders
LBG REAL ESTATE COMPANIES Completes Sale of Newly-redeveloped, 100%-Leased Shopping Center in Huntington Beach,...
LBG REAL ESTATE COMPANIES, LLC (LBG), a Southern California-based investor in retail real estate, announces that the firm has completed the sale of a prime, newly-redeveloped retail center in Huntington Beach, Calif. to a private investor based in Orange County at a sale price of $18,555,000. The sale of the property was brokered by Ed Hanley, Bill Asher and Eric Vu of Hanley Investment Group in an off-market transaction
CBRE’s NRIG-West Team Completes Sale of High-Profile Mill Avenue Properties
CBRE Executive Vice President Philip D. Voorhees and Vice President Brad Rable announced today that the National Retail Investment Group – West (NRIG-West), in union with Executive Vice President Barry Gabel and Senior Associate Chris Marchildon, completed the sale of a +39,979-square-foot two-property portfolio, 420 and 501 S. Mill Avenue in downtown Tempe, Arizona. The properties commanded a combined sale price of $13.8 million.
Hanley Investment Group Completes Sale of Two O’Reilly Auto Parts in $5,537,500
CORONA DEL MAR, CALIF. - (RealEstateRama) -- Hanley Investment Group, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Senior Vice President Jeremy McChesney completed the sale of two single-tenant NNN-leased properties occupied by O’Reilly Auto Parts in separate transactions with the same buyer to complete 1031 exchanges. The combined purchase price for both properties was $5,537,500
Randy Blankstein, President of The Boulder Group, to Chair Net Lease Summit Conference
Randy Blankstein, President of the national net lease advisory firm The Boulder Group, will be the conference chair of the Midwest Real Estate News 2nd Annual Net Lease Summit Conference in Chicago on July 20th, 2016. Additionally
The Boulder Group Arranges Sale of Single Tenant Net Leased Walgreens
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 2201 N Heritage Street in Kinston, North Carolina for $5,400,000.
Hanley Investment Group Arranges Sale of Single-Tenant NNN Walgreens in Huntington Park, Calif. for...
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced the sale of a single-tenant absolute net-leased Walgreens property located at 6100 Pacific Boulevard in Huntington Park, Calif. The purchase price was $11,850,000, which represented a cap rate of 4.22%, the lowest cap rate ever for a single-tenant Walgreens in Los Angeles County priced over $10 million and one of the lowest cap rates for a fee-simple Walgreens nationwide.
Hanley Investment Group Negotiates Sale of Hamilton Center in Huntington Beach for $3.3 Million
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the sale of Hamilton Center, a 6,800-square-foot multi-tenant shopping center in Orange County, Calif., for $3.3 million, representing a cap rate of 4.77%.
The Boulder Group Arranges Sale of PNC Bank Ground Lease
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant PNC Bank Ground Lease located at 1996 Freedom Parkway in Washington, IL for $1,300,000
CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of Repositioned Orange County Mall
CBRE Executive Vice President Philip D. Voorhees announced today that he and the National Retail Investment Group – West (NRIG-West) team completed the sale of Buena Park Downtown, a 535,016-square-foot repositioned mall in the city of Buena Park, Calif., anchored by a John’s Incredible Pizza, Krikorian Theatres, 24 Hour Fitness, Ross Dress for Less, Bed Bath & Beyond, TJ Maxx, DSW, Big Air Trampoline, along with a complementary mix of pad and shop tenants.
The Boulder Group Publishes Net Lease Auto Parts Store Market Research Report
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the activity in the National Net Lease Auto Parts Store Market