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ORLANDO-American Financial Lifeline, LLC, has signed a three-year lease for suite 303, 3,932 square feet of office space at 500 Delaney Avenue nearby south of downtown Orlando.
CHICAGO-Two mortgage banks, JPMorgan Chase & Co. and GMAC Mortgage LCC, a unit of Ally Financial, have suspended thousands of foreclosures, until they complete scrutinizing the accuracy of the loan documents.
CHICAGO-John Thomas, a real estate investor, is acquiring properties at N. Broadway through an auction held on Thursday from ACE Ltd. for $5.5 million.
CHICAGO-The average interest rates on mortgages for 30 years have equaled the record-low level of 4.32% in the latest week. Last week, the value increased up to 4.37%.
NASHVILLE-The 65-unit, high-end Belle Meade Court condos have been sold by Kenner Development to Alvarez & Marsal Capital RE, an international financing company, for $11.5 million.
NEW YORK CITY-WJB Capital, a specialist in derivative and equity trading, has leased 31,440 square feet of space on the ninth floor of the 33-story tower located at 909 Third Ave. between the 54th and 55th streets to relocate its office.
GREENSBORO, NC-Varco Pruden Buildings, a Memphis-based manufacturer of steel buildings, is leasing 15,750 square feet of space in Airpark East in Greensboro at 7031 Albert Pick Rd. for an undisclosed rent.
MIAMI-The Reliant Group has acquired a 211,500-square-foot, 300-unit multi-housing property named the Palm Lake Apartments at the corner of NW 115th Street and NW 27th Avenue in Miami for $15 million, which translates to $71 per square foot and $50,000 per unit.