Archive for October, 2007

Purchase College to Honor Douglas Durst and the Durst Organization with the Nelson A. Rockefeller Award November 12

Purchase College will honor Douglas Durst and the Durst Organization with the Nelson A. Rockefeller Award for arts philanthropy and environmental sustainability on November 12 when it will also honor choreographer Merce Cunningham, opera singer Jessye Norman, artist Helen Frankenthaler and theater designer Ming Cho Lee for their commitment to the arts and contributions to society. The event marks the 40th anniversary of the founding of Purchase College by Governor Nelson A. Rockefeller and the establishment of the School of the Arts Endowment Fund to provide scholarships and support for student productions and exhibitions. (PRWeb Oct 31, 2007)

Source: PRWeb: Business Real Estate

The Siegel Group Completes Acquisition of Las Vegas Hotel

The Siegel Group, Inc., a Commercial Real Estate & Business Development Company, today announced that it had completed its acquisition of Emerald Suites Tropicana, a 225 room hotel built in 2003 situated on approximately 4.13 acres of land in Las Vegas, Nevada. The purchase price was $20.25 million. Located directly adjacent to Tropicana Avenue, one of the major arteries in Las Vegas, Emerald Suites is situated in close proximity to Interstate 15 as well as a number of large hotel-casino developments such as the Orleans Hotel and Casino, Mandalay Bay, Excalibur and the Tropicana Resort and Casino. Originally built as a combination of apartment and Extended-Stay, the property, which is individually condominium mapped, has most recently been operated by former management as a hotel, marketing available units for daily rental. SASCO Properties, an affiliate of The Siegel Group, will assume operational control and immediately reposition the property, converting the majority of units back to Extended-Stay accommodations. The property will be renamed Siegel Suites Tropicana and operate under the Siegel Suites brand which provides quality accommodations to customers seeking short and long-term residences that provide flexible terms as well as a host of amenities and services without the constraints of a long-term lease agreement. With plans to become the largest provider of multi-family accommodations in Nevada, The Siegel Group is aggressively searching for acquisitions to add to its growing Siegel Suites portfolio. (PRWeb Oct 31, 2007)

Source: PRWeb: Business Real Estate

The Luxury Condo Team are Redefining the 3 L's of Condominium Living…Luxury Lifestyle Location for Baby Boomers and Business Professionals

When research confirmed the desires of young professionals and baby boomers alike for a low maintenance, convenient urban lifestyle, local luxury condominium expert Chris Ouellette “set up shop” to offer professional real estate services for this niche group. With over 12 years of real estate experience, Ouelette and his team took on a new venture in this very targeted market. (PRWeb Oct 31, 2007)

Source: PRWeb: Business Real Estate

Paradise Brokers has Determined that the Best Place for Real Estate Investments is in Costa Rica

Costa Rica is a tropical paradise filled with investment opportunities. There is no other place in the world where you can live, vacation, or invest for a fraction of the cost. The government of Costa Rica is working very hard to make Costa Rica very appealing for investors, residents and visitors. (PRWeb Oct 31, 2007)

Source: PRWeb: Business Real Estate

The Southern Pacific Coast has Snatched the Attention of Investors from the Northern Pacific Coast

There are so many wonderful things abouth Costa Rica's Southern Pacific coast. Each city has its own unique attractions that have really sparked interest with investors who see the vision and want to be part of the growth in Costa Rica. (PRWeb Oct 31, 2007)

Source: PRWeb: Business Real Estate

CB Richard Ellis Enhances Capabilities to Capture Increasing Market Demand Across Greater China

CB Richard Ellis today formally announced the appointment of three senior executives as part of the ongoing enhancement of the capabilities of the company in response to increasing market demand across Greater China (PRWeb Oct 31, 2007)

Source: PRWeb: Business Real Estate

Last Prime Residential Development Site in Newton-Scotts Area, Singapore for Sale by Tender

CB Richard Ellis is pleased to announce the launch of public tender for Dunearn Gardens. 96 units of the 114 units, representing 83.39% of the share values, have signed the Collective Sale Agreement (CSA). (PRWeb Oct 31, 2007)

Source: PRWeb: Business Real Estate

The Lease Maker Released

The Lease Maker is designed for the Residential and Commercial Property Manager to make the task of producing standard and customized leases fast and easy. It provides an easy to use interface for the day to day printing of leases as well as complete lease document management which includes a dedicated word processor. (PRWeb Oct 31, 2007)

Source: PRWeb: Business Real Estate

Real Estate and Multiple Social Networks

For-sale-by-owner website adds home listings to social media sites at no cost to clients. (PRWeb Oct 31, 2007)

Source: PRWeb: Business Real Estate

I Short Sale Aims to Curve Detrimental Affects of New Lending Regulations

Eli Tene, President of I Short Sale, Inc. (ishortsale.com), states, “We see the trend growing daily. People are being choked! We hear disheartening story after story from borrowers that come to us for short sale solutions or that have already been foreclosed upon by their lender, as they were unable to refinance.” I Short Sale has quickly become the largest processor of short sales in the country, aiding the millions of Americans faced with losing their homes and damaging their credit. “As rules and regulations continue to tighten, people with the inability to show full documentation are being singled out and washed away.” (PRWeb Oct 31, 2007)

Source: PRWeb: Business Real Estate