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MIAMI-The Florida Association of Realtors has a similar contract with the Utah firm, enabling 65,000 agents to earn a fee each time they originate a mortgage.
SEATTLE, WA-The former multifamily loan production officer for Fannie Mae's western Region has been promoted to HomeStreet's new position of vice president and manager of correspondent lending.
AUSTIN-The Austin Bergstrom International Airport has been the adrenalin shot that had been needed for the city's southern corridor. Hotel development is hardy while the latest occupancy report shows the market, like the CBD, is riding at about 78%.
OTAY MESA, CA-A Japan-based firm sells 15.9-acre industrial site at Siempre Viva Road and Britannia Boulevard for $2.9 million. Construction of industrial complex there is set to begin in May.
HOUSTON-Four brokers gain senior director status at the Houston office for Cushman & Wakefield of Texas. The promotions involve brokers from every category, including David L. Chuoke who has been tapped to head up the financial services group.
SUGAR LAND, TX-Primarily a residential developer, the Millis Group is moving into a new development arena, breaking ground on a class-A building in Greatwood. There is a void in the market and the deal is just too good to pass up, says the developer.
CLERMONT, FL-Tampa, FL-based Westshore Development Group plans to break ground within 120 days on the first 500-home phase of Lost Lake Reserve, an ominous-sounding project that is going to bring 80 acres of commercial development, 600 apartment units, 2,500 new residents and take 10 years to build out in this once-idyllic community of 8,140 permanent residents. Clermont is 25 miles west of Downtown Orlando.
FT. WORTH-A management shuffle for Sundance Square's gatekeeper is just the beginning. More retail, office and residential are part of the plan, which has brought a 19-year veteran from Maryland-based Rouse Co. to Ft. Worth as a president and CEO.
LISLE, IL-Not all is doom and gloom for dotcoms and tech companies in the East-West Corridor. Among recent deals announced by Colliers Bennett & Kahnweiler Inc., two of them are tech companies.
DALLAS-About $31.6 million in financing has been secured for two multifamily developers. One project is along Arlington's bustling Bardin Road corridor and the other is being built in Waco.