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Delek Real Estate gets two-month reprieve

Tel Aviv District Court Judge Varda Alshech decided Wednesday to put off appointing a provisional liquidator to wind down Delek Real Estate, giving the company and its creditors an extra two months to try to reach an agreement.

Delek’s majority owner, Yitzhak Tshuva, and representatives of its B4, B5 and B25 bond series were given until July 16 to thrash out details of the outline for the debt settlement agreed to last weekend by Harel Insurance Investments and Financial Services. Harel represents holders of the B5 bonds, accounting for NIS 1.4 billion of the company’s NIS 2.15 billion bond debt. The proposed settlement calls for wiping out at least half the company’s debt to bondholders.

Alshech ruled that holders of each bond series will convene in separate meetings over the next month and a half. She scheduled a joint meeting between all the parties for July 8.

“If the arrangement that takes shape – insofar as it does take shape – passes the test at the creditors’ meeting, then at that point I will discuss it and decide on whether to approve it or not,” wrote Alshech. “The sides will utilize this period to negotiate, and turn the initial offer as recently laid out into a concrete settlement offer, with a strong likelihood of passing the creditors’ meeting and winning a solid majority. ”

She advised the two sides not to wait until the last moment to get down to “serious negotiations, as they unfortunately have on previous occasions.”

Shares of Delek Real Estate dropped 8.4% yesterday, extending a similar deline Wednesday. The prices of ts series Heh bonds fell 10.2%.



New Rick Otton Real Estate Book Exposes Creative Strategies for Property Investing

In his just published book ‘How To Buy A House For A Dollar’ property investment expert, Rick Otton, sheds new light on his strategies for buying and selling real estate.

Sydney, Australia (PRWEB) May 16, 2012

For over 30 years Australian property investment expert, Rick Otton, has been buying and selling real estate, without the involvement of traditional lenders, like banks. In his just-published real estate book ‘How To Buy A House For A Dollar’, he has reveals the latest strategies that he uses, and teaches.

“I first began investing in property in the USA in the 1980s” said Mr Otton. “Because it was at a time of turmoil in the banking industry, it was necessary for me to think creatively in order to get into the market. While I’ve refined my techniques over the years, and modified them for different markets, it was the mindset shift that was the biggest leap forward for me.”

The traditional real estate purchase process involves aspiring property owners saving hard for a deposit, approaching the banks for a loan and demonstrating a solid employment history – and then being in debt for decades. The young, the low income earners and the self-employed have traditionally found it difficult to meet these requirements.

In ‘How To Buy A House For A Dollar’, Mr Otton explores some of the alternatives for buying property, and because his strategies require a mindset shift, he believes it to be a self improvement book as well – one that teaches techniques that can be used outside of the property investment process.

“Once readers learn to divest themselves of the belief that their ability to buy real estate rests in the hands of the banks, and grasp the common sense strategies that I explore in ‘How To Buy A House For A Dollar’, they will learn to think more creatively in other aspects of their lives as well” said Mr Otton.

The real estate book explores alternative property investing strategies that include the best ways to approach buyers and sellers, how to implement instalment contracts and sandwich leases, and how rent-to-buy is solving the real estate dilemma for a growing number of people the world over.

‘How To Buy A House For A Dollar’ has just been launched in Australia and New Zealand and is available now in quality bookstores. For more information visit http://www.howtobuyahouseforadollar.com

About Rick Otton

Rick Otton is an original pioneer of creative property strategies. He is founder and CEO of We Buy Houses, a leading property enterprise which operates in the property markets of the United Kingdom, New Zealand, USA and Australia.

In 1991 he uncovered an innovative strategy of buying and selling real estate and went on to amass a portfolio of 76 properties in his first twelve months of active investing.

Since 2001, Rick has taught over 30,000 students to buy, sell and trade residential property without banks, debt or risk. By employing these same strategies many of Rick’s students have made over a million dollars a year in cash and equity, using little or none of their own money, year after year.

In 2008 Rick revealed his strategies in the United Kingdom and became the creator of ‘Houses for a Pound’.

He has appeared in many Australian TV programs including the 2004 ABC documentary ‘Reality Bites’ and on Today Tonight, Insight and A Current Affair. In October 2007 Rick gave a way a house on national TV during 2 episodes of Channel 9’s Hot Property.

Rick Otton has also been featured in Your Property Network, Australian Property Investor, Lifestyle Trader Magazines and in the books: The Secrets of Property Millionaires Exposed!, Ideas: Original Perspectives On Life and Business From Leading Thinkers, Think and Grow Rich in Property, Insider Property Secrets, and Walking With The Wise.

In May 2012 Mr Otton’s book “How To Buy A House For A Dollar” was published.

Learn more about Rick Otton at More information, including testimonials from real students, is available at http://www.rickotton.com

For the original version on PRWeb visit: http://www.prweb.com/releases/prwebreal-estate-book/rick-otton/prweb9513075.htm



Real estate transfers – 5/13

The following real estate transfers were recorded recently in Lebanon County:

Lebanon û

Bradley and Anne M. Wertz to Christine M. Batz, 125 S. 11th St., $63,900.

Douglas A. Hogue Jr. to Christina Conrad to Damon J. Schlegel and John E. Schlegel, 507 S. Seventh St., $79,000.

Edgar J. and Wilmelmina P. Miller to Pablo Martinez, 2015 Kline St., $154,900.

Elizabeth M. Beatty Estate to David Baal, 115 Lehman St., $51,000.

Rhoda H. Miller Estate to Rose M. Weaber, 602 S. Seventh St., $85,000.

Jose A. and Palimira Vazquez to Elmer M. and Anna M. Stolzfus, 719 Glennwood St., $50,000.

North Lebanon Township û

Shirley A. McKinney to Gary R. and Linda L. Weindel, 1552 N. Pennsylvania Ave., $115,000.

South Lebanon Township û

Jeremy A. and Emily S. Maisto to Rachel M. Reager, 1003 S. Second Ave., $169,900.

Philip P. and Donna M. Karli to Jeremy A. and Emily S. Maisto, 50 Sunrise Drive, $250,000.

North Cornwall Township û

Daniel and Amy Mateer to Ralph D. III and Kristin K. Heister, 12 Stoneleigh Drive, $323,000.

Ralph H. III and Kristin K. Heister to Donald B. and Mary E. Dauser, 63 Walden Road, $229,000.

Alan T. Etter to Alfred D. and Jean L. Howard, property in North Cornwall Township, $65,000.

South Annville Township û

John S. Speraw Sr. Estate to Clarence B. Dohner, property in South Annville Township, $2,500.

Palmyra û

John M. Hurst to Donna M. Dove, 306 E. Cherry St., $123,000.

North Londonderry Township û

Albert D. and Patricia A. Derr to Jon B. and Lucy R. Adams, 1443 Old Forge Road, $175,000.

South Londonderry Township û

Eric W. Rubright to Amanda B. Kane, 32 Kingston Drive, $173,000.

Swatara Township û

Deborah L. Mann Estate, Stanley M. Blair, to David L. and Kelly J. Donmoyer, 1721 Water St., $48,000.

Paul M. and Jaidenia B. Light to Ronald J. Coughlin, 27 Arrow Court, $118,000.

Robert L. and Patricia A. Schucker to Jonathan W. Kolb, 2018 Quarry Road, $250,000.

Millcreek Township û

Federal National Mortgage Association aka Fannie Mae to David M. Rahn and Amy L. Rahn, 31 Edgemont Lane, $136,500.

* * *

Real estate transactions are documents of public record. It is the policy of the Lebanon Daily News to publish all transactions recorded in Lebanon County.



Difference Between Free Holds And Condos (Condominiums)

Most first time buyers especially the new immigrants don’t exactly know the difference between Freehold houses and Condominiums. Some of them have an impression that all high rise buildings are condos and all houses are freeholds.  Some of them think that all high rise buildings as well as townhouses are condos and all semi-detached and detached houses are freehold.

But in actual practice even the semis and detached houses could be condos and even the townhouses could be freeholds and the high rise building could be apartment buildings and not Condos.

So the easy way to differentiate between condos and freehold properties are as follows:

The Condos always has a maintenance fee and the freeholds don’t have any maintenance fee.

Unlike freeholds the Condos could have some common elements like visitor’s parking, Children Park, security, gym, pool, exercise room etc which are owned collectively by all unit owners.

Advantages of Free hold properties:

There is no maintenance fee.

There is no management to control or regulate any activities like: restriction on installation of satellite dishes; restrictions on changing the color of your outside door; restrictions on installing a mailbox of your choice etc.

And other than that almost no changes could be done outside the units without the permission of the management in condos as anything outside the house is usually part of the common elements.

You can have closed private fences in the freehold properties.

The free hold houses usually have wider roads and the visitors can park their cars along the roadside. Where as in condos there are assigned visitors parking and the cars cannot be parked along the roadside so especially on the weekend the visitors face lots of difficulties finding a parking.

The appreciation of freehold houses is usually much more than those of the condominiums. In condominiums the prices sometimes depreciate. As the condos starts to grow older and needs repairs/ replacements in the common elements like roads, roofs, garage doors, Windows, underground parking or elevators etc, the reserve funds starts to decrease and that starts reflecting on the status certificates of the condominiums. Whenever a condo unit has to be sold, a copy of its status certificate has to be provided to the buyer at the expense of the seller.  If the buyer finds out from his lawyer that the reserve funds are low then they either back out or try to negotiate the price further.

Sometimes the reserve funds go so low that a special assessment has to be levied to the unit heads by the management. That special assessment means that a fixed amount of money has to be paid by each unit head every month for a fixed period.

According to my experience that period never ends and always extended with a raised amount of money. If a condominium is going through that stage it gets very difficult to sell the units and the prices are further dropped.

Therefore in my opinion Condominiums could be a requirement but are not a very good investment. If you have already bought one try to get rid of it before it gets older and starts demanding any repairs. And if you are planning to buy one as it’s your requirement then buy a newer one and sell it before it gets to a stage where it starts demanding any repairs.

Advantages of Condos:

Security is one of the key benefit and most important element in condominiums. Lots of people buy condos for this reason.

One can easily lock his condo specially a condo apartment and travel with a piece of mind.

In most condos especially in condo apartments the utilities are included in the maintenance fee, so you don’t have to worry about the surprisingly high bills and can have a piece of mind.

The building insurance and water and waste- water bills are also included in the maintenance fee.

There are common elements to enjoy at a minimal shared cost like: Concierge service, gym, pool, sauna, library, theater, children parks etc.

You don’t have to shovel any snow or do any grass mowing.

Ideal for senior citizens who don’t really care about appreciation and want to have a hassle free luxurious life, where they can enjoy the benefits of the common elements and don’t have to do much in maintenance.

Ideal for executives working in busy downtown areas, as they can avoid lots of hassle and saves lots of time by living in a luxury condo near to their workplace.

In most condo townhouses the entire exterior are covered in the maintenance fee like windows, garage door outside doors, roof and driveway etc.

For more information Laeeque so please visit http://laeeque.ca/home.html

Submitted by: Laeeque Ahmed of Remax Active.



Finding the Right Apartment for You | Real Estate and Condo Blog

Pacific Heights apartments are designed to suit the person which may potentially want to rent them. They might be fully furnished or you may have to get all the stuff you need. Furnished means they have a stove, refrigerator and even sometimes a washer and dryer.

They sometimes include a certain price for just the rent and you have to take care of utilities yourself. Most places will be the rent and water but there are a lot of places that just charge you one price and that is it. Everything as far as electric, gas and water is taken care of in your rent.

You will typically have to pay a deposit. This is in case you ruin anything when you decide to leave and it has to be fixed. You will usually get it back if you make sure to keep everything clean and in working condition when you decide to move out.

If you want to bring a pet (like a cat or dog) you will have to pay a deposit on most occasions. However, some places do allow outside animals to come with you without having to pay an extra amount for a deposit. And sometimes they may even allow pets in the house too! However, you usually can have a caged animal (hamster or guinea pig) because they do not run around the house messing anything up.

Apartments in the area are usually easy to find. They are almost always in the local newspaper and posted on different bulletin boards around town. They can be found online and also be heard about if you just ask around. You could even post your own advertisement to let someone know what you are looking for.

A typical place will cost a few hundred dollars but this is in smaller towns and cities. However, if you are looking for something a little fancier and are renting in a very large area you will probably be paying a couple thousand for just a one bedroom place. This is typical in a place like Hollywood and also many other places around the world.

It can be nice to finally find the place you want to be in. This is usually in a city and not so much in the country but there are some places which have to be in the country because of the location. There are even places which rent above establishments such as restaurants and they are great especially if you work in the place below your home.

Pacific Heights apartments can be priced very low or very high. The cost depending on the location, the land lord, what items are in the dwelling and what kind of condition everything is in. Sometimes, you may get lucky and find a great place to live and even get it below your budget. Many times there is a discount at certain times of the year and a lot of people will rent during this time because of the cheaper price. This brings in more customers and more money for the people which run the business.




Condos for Rent – How to Find Suitable Condos

Apartments for rent are quite common especially for lengthy lasting base. There are some systems which are rent out for a few months only and these may be more complicated to find than those for lengthy lasting rent. Some real estate organizations that build structures to be changed into residence systems provide possession to most of these but may keep some for leasing out or motivate the owners of some to record theirs down as available as accommodations. Journey organizations also record down houses which are available for leasing and present these to your customers.

Criteria

Many individuals like leasing instead of going to resorts. One of the elements that tourists often search for from condos for rent is the protection of the position. The place of it is a concern when it comes to individuals who are not acquainted with the position or do not have a home in the position.

Many places are relatively safe during the day but in the evening this may be another tale entirely. Safety and safety measure begins with remaining in the more secure side of town instead of going in locations where one may be accosted. Journey organizations may be acquainted with places with probabilities of risk and criminal offense so they can be requested to prevent advising residence accommodations which are situated there.

Apart from the protection of the position, another aspect that may affect the tourists is its vicinity to places of attention. Location still performs a big part here but mainly on how near it is to locations which the guests may like to visit. Apartments for rent in places which are nearer to visitor areas and other visitor destinations are likely to stimulate the attention of tourists.

Other aspects that may affect leasing a residence are the cost and relaxation of it. Costs for these types of accommodations are usually greater if they are found near to destinations and any other kind of fascination in the town. Some individuals do not mind a high cost providing they can manage it and they believe that it is worth it. Others may search for inexpensive cost points especially if there are other accommodations the evening which are nearby. The relaxation of the position to be rent is also another thing to consider when looking for condos for rent. While new or lately remodeled domiciles are relatively clean, there is a level of relaxation in systems which are founded houses. This is because these may be completely equipped already with kitchen and other family equipment. Furniture and other accessories may also be complete in completely equipped condo properties. Cleaning and other resources may also be involved in the elements which are offered by the owner or control team.

Condos for rent are very practical and can provide more comfort than resorts. Many also function protects or an associate who can easily figure out who is leasing a position in the building and who is not. These should be part of what the visitor will ask the travel organization or control team in charge of it.



Practical Real Estate Software

The Wire is a television crime drama that aired between 2002 and 2008. The show was created by David Simon and broad casted by HBO. During the shows six year run 60 episodes were aired over a span of five seasons.

The series is set in Baltimore, Maryland. Each season focused on a different facet of the city, including the city government, illegal drug trade, the print news media and the seaport and school system.

Despite the show being heavily acclaimed by critics the show suffered from poor ratings. The creator of the show credits the poor ratings to the poor time slot, plot complexity and a mostly African American cast.



Broad Street SVP Chris Coccaro Named a 2011 CoStar Power Broker






















Broad Street, a market-leading commercial real estate services firm in the Washington, DC/Baltimore region, announced today that Senior Vice President Chris Coccaro has been named a 2011 CoStar Power Broker by CoStar Group, commercial real estate’s leading independent research firm. Chris was recognized as a Top Leasing Broker in the Washington Metropolitan market. CoStar’s Power Broker award recognizes distinguished professionals in commercial real estate brokerage by highlighting the achievements of the U.S. firms and individual brokers who closed the highest transaction volumes in commercial property sales or leases for the entire year of 2011 in their respective markets.

Chris Coccaro qualified as one of the top commercial brokers in the Washington metropolitan area based on his overall leasing transaction volume as reported to CoStar, and measured against all the commercial real estate brokers active in his region.

Chris was also recently named a 2011 Top Maryland Leasing Agent by the Greater Washington Commercial Association of Realtors (GWCAR) , at its 30th Anniversary Awards Dinner on April 19, 2012. GWCAR is a regional trade association dedicated to serving commercial real estate interests throughout the District of Columbia, Suburban Maryland and Northern Virginia.

“We are very proud of Chris for winning both the 2011 CoStar Power Broker Award and the 2011 GWCAR Top Maryland Leasing Agent Award. Chris works very hard to match his clients with the real estate opportunity that best meets their needs, and we feel this award is a reflection of the time and effort Chris has put forth in that endeavor,” said Broad Street CEO Michael Jacoby.

Chris has been working in the real estate industry for seven years. In addition to retail leasing, he has significant experience in office leasing, as well as client advisory services and sales, serving the Washington, DC, Northern Virginia and Suburban Maryland markets. He works closely with tenants and the real estate brokerage community to analyze market activity and to identify leasing, acquisition, sale and development opportunities, as well as placing tenants in their ideal office space.

Some of the notable transactions Chris led or participated in for 2011 include a lease of 29,485 square feet for Seneca One Finance, Inc., Bethesda, MD; representation of Fitness First Health Clubs in its lease of 25,000 square feet in Frederick, MD, as well as Fitness First of Tysons, LLC in its expansion of 19,155 square feet, Vienna, VA, and Fitness First in its lease of 19,010 square feet in Germantown, MD; and the sale of 11800 Trolley Lane between the seller, Caribou, LLC and the buyer, Monumental Vending, Beltsville, MD, among numerous other transactions.

About Broad Street Realty
Broad Street Realty is a market-leading commercial real estate services firm that delivers cost-effective solutions for office, industrial and retail clients throughout the Greater Washington DC/Baltimore area. The company has extensive experience in tenant representation, landlord representation, property acquisition and disposition, real estate development, project/construction management, finance, strategic consulting, property management and asset management.
















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Real estate transactions

Sales

Apartments

Wisteria Investments has purchased Wisteria Gardens, a 108-unit community at 611 N. Dairy Ashford from Comunidad Wisteria Gardens. Matt Phillips, Jordon Emmott, and Forrest Bass with Tarantino Properties assisted in the sale.

Foteh & Shanar Properties has purchased Meadow Lea, a 46-unit community at 8217 Fulton. Matt Phillips and Forrest Bass with Taran­tino Properties represented the seller, Everbank.

Quality Southern has purchased Weslow Manor, a 32-unit community at 3803 Weslow St. Matt Phillips and Forrest Bass with Tarantino Properties represented the seller, 7525 GP. Chuck Maley with LS Realty Advisors represented the buyer.

Clint Howard Properties has purchased Baybrook apartments, a 107-unit community in Bay City. Forrest Bass and Matt Phillips with Tarantino Properties represented the seller, Libertad.

Rockstar Maplewood has purchased the Falls of Maplewood Apartments, a 108-unit community at 9600 Glenfield Court. Jordon Emmott and Matt Phillips with Tarantino Properties represented the seller, Falls of Maplewood Ltd.

Land

CCD Investments has purchased 40 acres on the east side of the Grand Parkway south of FM 656 in Baytown. The east side of the tract also has frontage on FM 2354. Lee Jones and Darin Gosda of Betz Commercial Brokerage represented the seller, El Paso Energy Service Co. Matthew Proffitt of First American Title Co. handled closing.

YD Investments has purchased 2 acres on Brystone in Brittmoore-Tanner Business Park from Pineda Investment Corp. Sergio Pineda of Hankamer and Associates represented the seller. Nabil Murad of NM Management represented the buyer.

Leases

Office

Amerex Brokers has renewed a lease for 20,581 square feet in Comerica Bank Building, One Sugar Creek Center Blvd., Sugar Land. John Silberman of NAI Houston represented the tenant. Trevor Hightower and Rachel Williams of Parkway Realty Services represented the landlord.

Stat Care has leased 1,560 square feet in at 4800 Sugar Grove in Stafford. Phillip Thompson of Thompson Commercial Real Estate represented the tenant. Trevor Hightower and Rachel Williams of Parkway Realty Services represented the landlord.

Big Dog Logistics has renewed a lease for 7,634 square feet at 1235 North Loop West. Jon Lee and Hannah Townsend of CBRE Group represented the tenant. Michele Ellis-Felder of Transwestern represented the landlord, Rosemont Realty.

Industrial

GEM Mobile Treatment Services has leased a 20,728-square-foot office/warehouse building at 1434 Sens Road from GSL Industrial Partners Sub Two. Ryan Wasaff of GSL Welcome Group represented the landlord. Lane Guinn of JLM Commercial Advisors represented the tenant.

Mann Warehousing has leased 30,000 square feet at 4410 Clinton Drive. James Foreman and Beau Kaleel of Cushman & Wakefield represnted the landlord, Crosby 2100 Retail.

Retail

Vacquero Foodie, operating under the name Sweet Paris, has leased 1,893 square feet in two newly renovated 1950s buildings at 2420 Rice Blvd. from M-K-L Properties for a Parisian-style creperie. Emily Durham of Restaurant Connections represented the tenant. Greg Lewis and Adam Williams of Lewis Property Co. represented the landlord in the renovation of the buildings and its leasing.

Vinal Edge Records, a vintage record store, has leased 1,632 square feet at 239 W. 19th in the 19th Street Market Place from Klein Associates. Adam Williams with Lewis Property Co. represented the landlord.

Gusto Gourmet has leased 1,000 square feet at 3806 S. Shepherd. Sergio Vasquez of CitiQuest Properties represented the tenant. Amad Tuma of Coldwell Banker Commercial United, Realtors, represented the landlord.

Little Angel’s School of Learning has leased 9,000 square feet at 17335 FM 529 in the Stone Creek Shopping Center. Peter Licata represented the landlord, Hunington Properties.

Children’s Dentistry of The Woodlands has leased 2,500 square feet at 3759 FM 1488 in The Shops at Alden Bridge Shopping Center in The Woodlands. Peter Licata represented the landlord, Hunington Properties.

Byberries Frozen Yogurt Corp. has leased 1,276 square feet at 6600 S. Rice in Bellaire Shopping Center. GiGi Strang represented the landlord, Hunington Properties.

Rosy’s Salon and Spa has leased 1,200 square feet at 403 S. Texas 6, in the Sugar Crossing Shopping Center in Sugar Land. GiGi Strang represented the landlord, Hunington Properties.

Matt Springer State Farm has leased 1,159 square feet in Teas Crossing at FM 3083 and I-45 in Conroe. Barry Sandler of Sandler Realty represented the tenant. Cort King and Will Bradley of Read King represented the landlord, Teas Crossing West Commercial.

Anna’s Linens has leased 12,245 square feet at Pasadena Town Plaza at Pasadena Boulevard and Southmore. David K. Meyers and Bob Conwell represented the landlord, NewQuest Properties. Katherine Wildman of Wulfe & Co. represented the tenant.

Cypress Dance Project has leased 4,480 square feet at Windcliff Town Center at Jones Road and Cypress North Houston. Josh Freidlander represented the landlord, NewQuest Properties. Nicki Viars of Cottage Properties represented the tenant.

Tutti Frutti has leased 1,200 square feet in Victory Lakes Town Center at Interstate 45 and FM 646 in League City. Rebecca Le represented the landlord, NewQuest Properties. Kyle Knight of The Weitzman Group represented the tenant.

CFCH Strength and Conditioning, doing business as CrossFit, has leased 2,200 square feet at 9113 Stella Link. Crady Newton of Colliers International represented the tenant. Ray Narain represented the landlord, Plaza P. & P.

Dental Professionals of Texas has leased 3,500 square feet in the Cypresswood Court Shopping Center in Spring. Micha van Marcke and Vanessa Barfuss of Trans­western represented the landlord, GECMC 2005-C2 Interstate 45. James Namken with The Weitzman Group represented the tenant.

Etc.

Recreation

The Woodlands Soccer City plans to open an indoor soccer complex on FM 488 at Texas 242 this summer. The complex will house two air- conditioned indoor fields, offices, party room, meeting room and concessions. Geoff Wilding serves as director of operations. It will offer adult leagues for men, women, coed and corporate, plus youth leagues for ages 4 and above in addition to hosting tournaments, soccer camps and skill clinics.

Management

Avison Young has been hired by The Khoshbin Co. to provide marketing and leasing services for 333 North Belt, a 213,777-square-foot building at 333 North Sam Houston Parkway East and Towerpark North, a 181,647-square-foot building at 10700 North Freeway.

Houston-based Central Management was awarded the management for Beltway Green Industrial Park, a 30,170-square-foot industrial/office warehouse at 201 Beltway Green. Paul Panus of CMI is the property manager.

Leasing

Colvill Office Properties has been retained to lease 2.7 million square feet of office properties by the new owners. It will continue to lease the 1.07-million-square-foot Galleria Office Towers, the 806,004-square-foot Brookhollow Central, the 578,284-square-foot 2500 CityWest, the 140,654-square-foot 1200 Enclave Parkway, and the 120,200-square-foot CityCentre Two. All properties were sold after Colvill Office Properties had leased them to 80-100 percent occupancy for the previous owners.

Colvill Office Properties, led by Chip Colvill, leased a total of 2.9 million square feet in the properties before they were sold. Since the sales, it has leased 181,000 square feet in the buildings.

Brookhollow Central was sold in January to Parmenter Realty Partners. In November, 2500 CityWest was bought by Crimson Real Estate Fund. A partnership of LaSalle Investment Management and Midway Cos. acquired CityCentre Two in August. Piedmont Office Realty Trust purchased 1200 Enclave in March 2011. Galleria Towers was sold to Unilev Capital Corp. in February 2011.

Construction

Houston Independent School District has hired Cadence McShane Construction Co. to build the 90,000-square-foot Dogan Scott Elementary School at 4202 Liberty Road. The school will consolidate the former Scott and Dogan grade schools. ESPA is providing architectural services.

Financing

CBRE Group has arranged $14.5 million in financing for Shepherd Square Shopping Center at 2055 Westheimer, anchored by Randalls. CBRE’s Jeff Stein worked with Wulfe & Co.’s Taryn Sims and Ed Wulfe, who represented the borrower.

The Chronicle lists commercial real estate transactions each Monday. Send items to realestatedeals@chron.com.



One Rockwell East Tower Condo For Rent 2BR Furnished Manila …

Posted on May 15, 2012. Filed under: 01.1 Makati | Tags: , , , , , , , , |

One Rockwell East Tower Condo For Rent 2BR Furnished Manila Makati Philippines

One Rockwell

This development features the countrys first Z-shaped unit, an innovation by local architect Pimentel Rodriguez, Simbulan & Partners, providing spectacular views from both sides of the building. The Glass House model unit beside the Power Plant Mall invites buyers to come and see the unique Z-Loft concept for themselves.

The East Tower, with its impressively sharp edges, offers a breathtaking 180-degree view and ten different sceneries. It reaches up 45 storeys, with the Sky Deck located at the 41st level. Another first in architectural designs in the country, the uniquely designed East Tower showcases the innovation that One Rockwell adheres to. Meanwhile, the West Tower with its curvilinear design perfectly complements the East Towers sharp edges, as it is made up of two halves that seem to slide away from each other at the centre. Once completed, the West Tower of One Rockwell will be the tallest residential building in Rockwell Center, standing 55 storeys high.

A circular driveway bringing the two towers together will lead to One Rockwells lush garden outside the main lobby, only minutes away from a pocket retail area, which houses Manilas hottest brands like Homme et Femme, Beyond the Box, and Apartment 1B. This signature project is definitely going to make Rockwell Center a truly spectacular address.

  

  

√ One RockwellOne Rockwell Centre Building Features and Amenities

    ♦  Grand Main Lobby
    ♦  Swimming Pool
    ♦  Sky Deck
    ♦  Function Rooms
    ♦  Elevator (6 For Passenger & 1 Service)
    ♦  GYM
    ♦  CCTV
    ♦  Access Cards
    ♦  Intercom
    ♦  Fire Prevention System
    ♦  Smoke Detector & Water Sprinkler
    ♦  24 Hour Power Generator For Emergency

  

  

  

One Rockwell East Tower 2BR Unit Rent Info
2 Bed Room
80 SQM
2 Toilet & Bath
1 Parking
Fully Furnished
Rent Price PHP 65,000
2 Month Deposit 1 Year Advance

For More Inquire Look For Jimmy Lee
Cell Phone : 63 915 890 7914
E-Mail : wonwoolee612@hotmail.com
http://manilalife.tistory.com/
http://manilacondo.wordpress.com/

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Delek Real Estate gets two-month reprieve

Tel Aviv District Court Judge Varda Alshech decided Wednesday to put off appointing a provisional liquidator to wind down Delek Real Estate, giving the company and its creditors an extra two months to try to reach an agreement.

Delek’s majority owner, Yitzhak Tshuva, and representatives of its B4, B5 and B25 bond series were given until July 16 to thrash out details of the outline for the debt settlement agreed to last weekend by Harel Insurance Investments and Financial Services. Harel represents holders of the B5 bonds, accounting for NIS 1.4 billion of the company’s NIS 2.15 billion bond debt. The proposed settlement calls for wiping out at least half the company’s debt to bondholders.

Alshech ruled that holders of each bond series will convene in separate meetings over the next month and a half. She scheduled a joint meeting between all the parties for July 8.

“If the arrangement that takes shape – insofar as it does take shape – passes the test at the creditors’ meeting, then at that point I will discuss it and decide on whether to approve it or not,” wrote Alshech. “The sides will utilize this period to negotiate, and turn the initial offer as recently laid out into a concrete settlement offer, with a strong likelihood of passing the creditors’ meeting and winning a solid majority. ”

She advised the two sides not to wait until the last moment to get down to “serious negotiations, as they unfortunately have on previous occasions.”

Shares of Delek Real Estate dropped 8.4% yesterday, extending a similar deline Wednesday. The prices of ts series Heh bonds fell 10.2%.

New Rick Otton Real Estate Book Exposes Creative Strategies for Property Investing

In his just published book ‘How To Buy A House For A Dollar’ property investment expert, Rick Otton, sheds new light on his strategies for buying and selling real estate. Sydney, Australia (PRWEB) May 16, 2012 For over 30 years Australian property investment expert, Rick Otton, has been buying and selling real estate, without the … Continue reading

Real estate transfers – 5/13

The following real estate transfers were recorded recently in Lebanon County: Lebanon û Bradley and Anne M. Wertz to Christine M. Batz, 125 S. 11th St., $63,900. Douglas A. Hogue Jr. to Christina Conrad to Damon J. Schlegel and John E. Schlegel, 507 S. Seventh St., $79,000. Edgar J. and Wilmelmina P. Miller to Pablo … Continue reading

Difference Between Free Holds And Condos (Condominiums)

Most first time buyers especially the new immigrants don’t exactly know the difference between Freehold houses and Condominiums. Some of them have an impression that all high rise buildings are condos and all houses are freeholds.  Some of them think that all high rise buildings as well as townhouses are condos and all semi-detached and … Continue reading

Finding the Right Apartment for You | Real Estate and Condo Blog

Pacific Heights apartments are designed to suit the person which may potentially want to rent them. They might be fully furnished or you may have to get all the stuff you need. Furnished means they have a stove, refrigerator and even sometimes a washer and dryer. They sometimes include a certain price for just the … Continue reading

Condos for Rent – How to Find Suitable Condos

Apartments for rent are quite common especially for lengthy lasting base. There are some systems which are rent out for a few months only and these may be more complicated to find than those for lengthy lasting rent. Some real estate organizations that build structures to be changed into residence systems provide possession to most … Continue reading

Practical Real Estate Software

The Wire is a television crime drama that aired between 2002 and 2008. The show was created by David Simon and broad casted by HBO. During the shows six year run 60 episodes were aired over a span of five seasons. The series is set in Baltimore, Maryland. Each season focused on a different facet … Continue reading

Broad Street SVP Chris Coccaro Named a 2011 CoStar Power Broker

Home / Citybiznews / People / Broad Street, a market-leading commercial real estate services firm in the Washington, DC/Baltimore region, announced today that Senior Vice President Chris Coccaro has been … Continue reading

Real estate transactions

Sales Apartments Wisteria Investments has purchased Wisteria Gardens, a 108-unit community at 611 N. Dairy Ashford from Comunidad Wisteria Gardens. Matt Phillips, Jordon Emmott, and Forrest Bass with Tarantino Properties assisted in the sale. Foteh & Shanar Properties has purchased Meadow Lea, a 46-unit community at 8217 Fulton. Matt Phillips and Forrest Bass with Taran­tino … Continue reading

One Rockwell East Tower Condo For Rent 2BR Furnished Manila …

Posted on May 15, 2012. Filed under: 01.1 Makati | Tags: Center, Condo, Makati, manila, One Rockwell, philippines, Rent, RockWell, Rockwell Condo | One Rockwell East Tower Condo For Rent 2BR Furnished Manila Makati Philippines One Rockwell This development features the countrys first Z-shaped unit, an innovation by local architect Pimentel Rodriguez, Simbulan & Partners, … Continue reading