Choyce Peterson to Represent 25,257 SF New Milford, CT Retail Space Owned by Urstadt Biddle Properties

 Choyce Peterson, Inc. (www.choycepeterson.com), a full-service commercial real estate brokerage and consulting firm, announced that Urstadt Biddle Properties (UBP) has appointed Choyce Peterson as the exclusive listing agent representing an end-cap retail space at 116-124 Danbury Road in New Milford, CT. This is part of the well-known Fairfield Plaza which includes other tenants such as Staples, Mattress Firm, … Continue reading Choyce Peterson to Represent 25,257 SF New Milford, CT Retail Space Owned by Urstadt Biddle Properties Continue Reading

Lisa Berger Baskin Joins Scheer Partners As A Principal Broker In Newly-Established Philadelphia Scientific Real Estate Office

Scheer Partners, Inc., a leading diversified scientific commercial real estate firm, is responding to the needs of the surging greater Philadelphia market by adding industry veteran Lisa Berger Baskin as a Principal Broker in the newly-established office here, company founder-president Robert Scheer announced today. Lisa Berger Baskin (Photo: Richard Quindry) Ms. Baskin, whose career includes more than three decades of exceptional … Continue reading Lisa Berger Baskin Joins Scheer Partners As A Principal Broker In Newly-Established Philadelphia Scientific Real Estate Office Continue Reading

Xinyuan Real Estate Co., Ltd. Mourns the Sudden Passing of Board Director and Audit Committee Chairman Thomas Gurnee

Xinyuan Real Estate Co., Ltd. is saddened to announce today that Thomas Gurnee, its long-time Independent Director and Audit Committee Chairman, passed away from illness. Mr. Yong Zhang, Chairman of Xinyuan, said, “It is with great sadness that I announce the passing of my friend and colleague Thomas Gurnee. Thomas had served as our Board of Directors since 2007 … Continue reading Xinyuan Real Estate Co., Ltd. Mourns the Sudden Passing of Board Director and Audit Committee Chairman Thomas Gurnee Continue Reading

Retro Fitness Partners with District Real Estate Advisors to Meet High Demand Despite the Pandemic

Retro Fitness, a leader in the high-value, low-price fitness space, announced its partnership with commercial retail specialists, District Real Estate Advisors, to meet the high demand by investors and franchisees seeking new highly profitable opportunities across the country. Over the past several months, Retro Fitness franchise sales have spiked significantly with a 200% increase from single … Continue reading Retro Fitness Partners with District Real Estate Advisors to Meet High Demand Despite the Pandemic Continue Reading

Pharma Property Group Closes on San Diego Walgreens

Pharma Property Group has closed on the sale of a Walgreens property in Escondido, a city in the North County of San Diego, California.  The Walgreens property is centrally located in a dense infill retail area adjacent to Escondido City Hall and the California Center for the Arts.  The lease had just over six years of term remaining at … Continue reading Pharma Property Group Closes on San Diego Walgreens Continue Reading

Belfonti Companies Announces Co-Marketing Of Hunter’s Chase With Douglas Elliman Real Estate

Belfonti Companies, LLC announced today that it has joined forces with Douglas Elliman to market its award-winning luxury condominium complex, Hunter’s Chase.  The property is located in Litchfield, Connecticut.  Hunter’s Chase – 3 Condominium Unit Styles “There are only 16 condominium units left to be built in Phase I, of which six are currently under construction.  And … Continue reading Belfonti Companies Announces Co-Marketing Of Hunter’s Chase With Douglas Elliman Real Estate Continue Reading

Rent Collections Dropped in Affordable Housing And Rebounded in Public Housing in July

July rent collection in affordable housing reached a new low for 2020 at 76% of July 2019’s rates, while public housing saw a rebound from 78% of 2019’s rates in June to 98% in July. Those are the latest findings from Proptech firm MRI Software (“MRI”), which compared data from more than 1.5 million affordable and public … Continue reading Rent Collections Dropped in Affordable Housing And Rebounded in Public Housing in July Continue Reading

Advanced Flower Capital Announces the First Closing of its Cannabis Mortgage Real-Estate Investment Trust

 AFC Gamma Inc., a commercial-mortgage real-estate investment trust (“REIT”), announced today that it has completed a first close of its $200 million investment vehicle, having raised approximately $80 million of equity from over 20 large family offices.  Additionally, AFC Gamma has a credit line of up to $40 million, providing the REIT with approximately $120 million of capacity to lend to cannabis … Continue reading Advanced Flower Capital Announces the First Closing of its Cannabis Mortgage Real-Estate Investment Trust Continue Reading

After Remarkable Results, the Coldwell Banker Brand to Expand Its RealVitalize Roll Out to National Affiliate Network

 Coldwell Banker Real Estate LLC, a Realogy brand, today announced the expansion of its successful pilot home improvement program, RealVitalizeSM, to include Coldwell Banker Affiliates. Following a successful beta pilot period, which launched RealVitalize to Coldwell Banker’s company-owned offices in 2019, the program also features process enhancements to enable more affiliated agents to sell homes faster and for … Continue reading After Remarkable Results, the Coldwell Banker Brand to Expand Its RealVitalize Roll Out to National Affiliate Network Continue Reading

Just 6% of Home Listings Held Open Houses in July, Down From 16% a Year Earlier, Redfin Finds

Nationwide, 6% of homes that were put up for sale in July held an open house in their first seven days on the market, according to a report from Redfin (www.redfin.com), the technology-powered real estate brokerage. While that marks a rebound from 1% in April, when millions of buyers and sellers across the country were placed under … Continue reading Just 6% of Home Listings Held Open Houses in July, Down From 16% a Year Earlier, Redfin Finds Continue Reading