RSS

December 2, 2014

0 Comments

ADAM VON ROMER CLOSES SALE OF 52,207 SF WAREHOUSE BUILDING

 

Fort Lauderdale, Florida-Adam P. Von Romer, CCIM of Fitzgerald Group and Nick Solimine, CCIM also of Fitzgerald Group closed the sale of 6801 West Sunrise Boulevard, Plantation, Florida 33313. The building originally constructed in 1957 and remodeled numerous times. The property was comprised of a 52,207 square foot warehouse building situated on nearly 6 acres. The property traded for $2,600,000.00 and closed November 14, 2014. Adam P. Von Romer, CCIM represented the seller Wittels Family Holdings and Nick Solimine, CCIM represented the buyer Arvinder Bajaj.  For more information contact Adam P. Von Romer, CCIM at 954-760-9300 ext. 22

 

November 18, 2014

0 Comments

BROWARD CCIM DISTRICT ELECTS ADAM P. VON ROMER, CCIM DISTRICT PRESIDENT FOR 2015

 

The Broward CCIM (Certified Commercial Investment Member) District at its board of directors meeting has elected Adam P. Von Romer, CCIM as its incoming 2015 president. Mr. Von Romer has served the Broward CCIM District as past president in 2002 and Assistant District Vice President.

Mr. Von Romer has been in the industry for over 30 years and was awarded the CCIM designation in 1997. A CCIM is a recognized expert in the commercial and investment real estate industry, and is part of a global commercial real estate network with members across North America and more than 30 countries. This professional network has enabled CCIM members to close thousands of transactions annually, representing more than $200 billion in value. As a result, the experts who possess the CCIM designation are an invaluable resource for commercial real estate owners, investors, and users.

Mr. Von Romer is also the Program Director with The Loan Committee, and is currently employed by Fitzgerald Group as a Senior Investment Associate, specializing in the sale of commercial investment real estate with a focus on industrial and office properties.

November 18, 2014

0 Comments

IRA CLARIFIES APPLICATION OF ONE-PER-YEAR LIMIT ON IRA ROLLOVERS

 

The Internal Revenue Service today issued guidance clarifying the impact a 2014 individual retirement arrangement (IRA) rollover has on the one-per-year limit imposed by the Internal Revenue Code on tax-free rollovers between IRAs. The change in the application of the one-per-year limit reflects an interpretation by the U.S. Tax Court in a January 2014 decision applying the limit to preclude an individual from making more than one tax-free rollover in any one-year period, even if the rollovers involve different IRAs. Before 2015, the one-per-year limit applies only on an IRA-by-IRA basis (that is, only to rollovers involving the same IRAs). Beginning in 2015, the limit will apply by aggregating all of an individual’s IRAs, effectively treating them as if they were one IRA for purposes of applying the limit.  read entire article…  Source:  IRS

September 28, 2014

0 Comments

RCA COMMERCIAL REAL ESTATE SYMPOSIUM

REAL ESTATE IS ON THE MOVE: Commercial Development in Broward and Palm
Beach Counties and what it means to you!
• This half day MUST ATTEND event will serve as a forum for the latest on commercial real estate development.
• Learn about current market trends and what’s driving the market.
• Get to know ‘All Aboard Florida’ and its impact at and around the Fort Lauderdale/ Palm Beach stations.
• Participate in Trade Show with local vendors showcasing products & services.
• Improve your business and network with fellow practitioners.

Wednesday, October 8th, 7:45AM – 12:00PM

Doubletree – 100 Fairway Drive, Deerfield Beach, FL

Loan Committee attendees receive the member rate.  Click here for more information.

September 9, 2014

0 Comments

FRANKLIN STREET REAL ESTATE – THE STRADA IN COCONUT CREEK FOR LEASE

 

The Strada is a mixed-use development located on the Southwest corner of Coconut Creek Parkway and Lyons Road in Coconut Creek, FL.  Contact CAMMI GOLDBERG at 954-671-1823 for additional information.

 

PROPERTY DETAILS:

Strong Walgreens Anchor
2 miles from Florida’s Turnpike
4 points of Ingress/Egress
Hard Corner Signalized Intersection
6 Schools within 2 miles
Over 20,000 Students
Broward College 15,000
Coconut Creek High 2,030
Atlantic Technical 1,220
Suned Charter School 700
Technological University of America 1,500
Margate School of Beauty 300

 

Price:  $28/sq ft
Square Footage:  20,000 Sq Ft
Traffic Count:  30000
Lease Term:  Negotiable
Anchored:  Walgreens, Regions Bank
GLA:  20,000 Sq Ft

September 8, 2014

0 Comments

BEST PRACTICES: ACQUIRING SBA LOANS FROM THE FDIC; WHAT SBA LENDERS SHOULD KNOW

 

An SBA lender has an excellent opportunity to expand its portfolio by acquiring from the FDIC SBA loans originated by a failed bank. These loans may be acquired at a discount and are backed by an SBA guaranty and, possibly, FDIC loss sharing. However, such loans and acquisitions come with risks that lenders should consider carefully before proceeding. read entire article…  Author:  Amy R. Brownstein, Esquire.  Source:  Starfield Smith, PC

September 8, 2014

0 Comments

MBA: COMMERCIAL/MULTI-FAMILY LOAN ORIGINATION VOLUME DIPS SLIGHTLY IN Q2

 

According to the MBA’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations, a decrease in loan originations for retail and multifamily properties led to a 2 percent decrease in overall commercial/multifamily originations in the second quarter compared with the same period a year ago.  read entire article… Author: Scott Reid.  Source:  REBusiness Online.

September 8, 2014

0 Comments

MIAMI – 2,500 MORE HOTEL ROOMS DUE IN 2015

 

Some 2,500 new hotel rooms are expected to come online in Miami in 2015, according to the Greater Miami Convention & Visitors Bureau. While new hotels are expected to be added across all price points, now more than ever the industry is filling in at low- to mid-level offerings and across many Greater Miami neighborhoods, from Brickell to Surfside. read entire article… Author: Nina Lincoff. Source: Miami Today.

← Older posts Newer posts →
%d bloggers like this:
Visit Us On TwitterVisit Us On FacebookVisit Us On Linkedin