In the new episode of the "Commercial Real Estate Show," Michael Bull and his guests take a a comprehensive look at the issues facing banks and servicers. Topics included upcoming CMBS maturities, the performance of banks in 2011, best practices for participation loans and successful OREO marketing techniques.
Home Staging Professional, Gregory Henry, a design consultant and operations manager with Home Matters Home Staging was named Rookie Stager Of The Year at the Annual RESA industry convention held in Las Vegas on February 1st, 2012.
Kevin T. Fryman of Hanley Investment Group Real Estate Advisors represented the seller in the sale of a single-tenant NNN leased investment, La Barca Restaurantes, a 3,664 sq. ft. restaurant in Pico Rivera, Calif., offering authentic, fresh-made Mexican food. The purchase price was $1,400,000, which represented a cap rate of 6.50%. The tenant has 7 years remaining on the lease.
Carrie and Mike Cobb have been named "Buyer Specialists" for the Las Vegas Real Estate team in Nevada known as The Ballen Group. The Ballen Group Keller Williams Realty includes an award winning Las Vegas Short Sale Division.
Primera Terra residential community, designed by KTGY Group and built by KB Home, received a Platinum BALA award in the category of Neighborhood Design. Primera Terra is comprised of 52 luxury for-sale condominium homes in Playa Vista, Calif. Primera Terra is 40% more energy efficient than the new home standards set by the state of California and is LEED Platinum certified.
The Central American property listing site RevealRealEstate, known since 2009 for its comprehensive database of real estate developments in the region, has announced a new premium property listing service.