ReportWire

Tag: real estate

  • ‘X’ removed after being installed atop company headquarters following Twitter’s rebrand | CNN Business

    ‘X’ removed after being installed atop company headquarters following Twitter’s rebrand | CNN Business

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    CNN
     — 

    Officials from the San Francisco Department of Building Inspection on Monday morning observed that the new “X” on top of the building formerly known as Twitter’s headquarters was being dismantled, according to Patrick Hannan, the department’s spokesman.

    The news comes after the company was issued a notice of violation (NOV) Friday for work without a permit for the new sign, which flashes at night, that adorns the building.

    “Over the weekend, the Department of Building Inspection and City Planning received 24 complaints about the unpermitted structure, including concerns about its structural safety and illumination. This morning, building inspectors observed the structure being dismantled. A building permit is required to remove the structure but, due to safety concerns, the permit can be secured after the structure is taken down,” Hannan said in an email to CNN.

    “The property owner will be assessed fees for the unpermitted installation of the illuminated structure. The fees will be for building permits for the installation and removal of the structure, and to cover the cost of the Department of Building Inspection and the Planning Department’s investigation,” he added.

    CNN has reached out to the company formerly known as Twitter for comment.

    – CNN’s Ramishah Maruf contributed to this report

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  • Supreme Court takes up case concerning Americans with Disabilities Act ‘tester’ of hotels | CNN Politics

    Supreme Court takes up case concerning Americans with Disabilities Act ‘tester’ of hotels | CNN Politics

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    Washington
    CNN
     — 

    The US Supreme Court on Monday agreed to hear a case concerning whether a self-appointed “tester” of the Americans with Disabilities Act has the right to sue hotels over alleged violations of the civil rights law.

    The court was asked to take the case by Acheson Hotels, which owns and operates a hotel in coastal Maine. The company was sued by Deborah Laufer, who they say has filed hundreds of lawsuits against hotels across the country, claiming their websites are not in compliance with ADA rules that require hotels to disclosure information about how accessible they are to individuals with disabilities.

    Though Laufer doesn’t intend to visit the hotels she’s suing, the lawsuits are brought in an effort to force the hotels to update their websites to be in compliance with the law.

    A district court dismissed Laufer’s suit against Acheson Hotels, ruling she lacked the procedural threshold – known as standing – needed to bring the suit. But an appeals court later ruled in her favor.

    Now, the justices will decide next term whether she has the right to act as a “tester” toward hotels she doesn’t intend to visit.

    “Laufer is one of numerous ‘testers’ who have collectively brought thousands of lawsuits under the ADA. A cottage industry has arisen in which uninjured plaintiffs lob ADA lawsuits of questionable merit, while using the threat of attorney’s fees to extract settlement payments,” the hotel told the justices in court papers. “These lawsuits have burdened small businesses, clogged the judicial system, and undermined the Executive Branch’s exclusive authority to enforce federal law.”

    The hotel run by Acheson Hotels has a notice posted to its website that says, “Please Note: Unfortunately, we do not have the capabilities to provide pet-friendly or ADA compliant lodging. We apologize for the inconvenience!”

    Laufer had urged the justices to take the case, with her attorneys arguing in court papers that they should affirm the appeals court ruling.

    “Without civil rights advocates such as this plaintiff, there would be no enforcement of the ADA,” they wrote in part.

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  • AC is hard on the planet. This building has a sustainable solution | CNN Business

    AC is hard on the planet. This building has a sustainable solution | CNN Business

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    New York
    CNN
     — 

    In mid-July at the construction site at 1 Java Street in Brooklyn, New York, the outside temperatures can reach sweltering highs in the 90s. But 500-feet underground, it’s 55 degrees all year round.

    That stable, underground temperature will be key to making life comfortable in the residential building that will soon sit on the site, a scenic spot in the Greenpoint neighborhood along Brooklyn’s waterfront.

    With 834 rental apartments plus commercial space, 1 Java Street is set to be the largest multifamily, residential building with “geothermal” heating and cooling system in New York State — and potentially the country — when it’s completed in late 2025, according to developer Lendlease.

    Geothermal technology is essentially a more eco-friendly version of an HVAC system, allowing the building spaces and water to be cooled and heated more efficiently, without traditional window AC units and natural gas. Lendlease says the technology will make it possible for the nearly 790,000-square foot building to release around 55% less carbon and achieve net zero greenhouse gas emissions.

    With summer temperatures reaching record highs around the world, experts say finding ways to cool buildings that are less taxing on the environment could be crucial in fighting climate change. Even back in 2018, air conditioning and electric fans accounted for around 20% of total global electricity use, according to a report cpublished that year by the International Energy Agency. Now, energy and urban development experts are urging cities and developers to implement new solutions to keep buildings cooler. And both New York City and the Biden administration have identified geothermal systems as one way to reduce greenhouse gas emissions.

    “Whenever we look at a site, we consider how we can make it more sustainable,” Layth Madi, Lendlease’s senior vice president and director of development, told CNN, adding that the development firm is aiming to reach net zero by 2025 and be fully decarbonized by 2040.

    “I think many residents will choose to live in this building because of its green credentials,” Madi said. “We know a lot of people are thinking about climate change and our impact on the planet.”

    Geothermal plumbing works by sending water from a building deep into the ground below it to take advantage of the earth’s naturally stable internal temperature — on hot days, the underground temperature will reduce the temperature of warm water from the building to help with cooling; on cold days, it will warm up cold water to help with heating.

    At 1 Java Street, construction crews are drilling 320 holes, each around 4 inches in diameter and 499-feet deep, to create the building’s geothermal piping system through which the water will be pumped.

    “Your thermostat turns on and it tells your building, ‘I need heating or cooling.’ And it energizes pumps, and those pumps flow fluid through the [geothermal] circuit that we’ve established here on site,” said Adam Alaica, director of engineering and development at Geosource Energy, the Canadian firm that’s installing and drilling the vertical geothermal piping at 1 Java Street.

    For now, the process doesn’t come cheap. Installing the building’s geothermal system increased construction costs by around 6%, according to Madi, and required securing equipment and trained manpower that remains relatively scarce.

    “We’re seeing rapid growth — I would say approaching that of exponential growth year over year in interest in the technology, which is very exciting for the industry as a whole,” Alacia said. “The bottlenecks to that growth have always been, and will continue to be in the years to come, specialty machinery to implement this infrastructure and the people resources it takes to do this.”

    Eventually, though, as more developers invest in geothermal and more companies provide the specialty training needed to install the technology — Geosource operates its own training program — Madi said he expects the costs to come down. And once the building is up and running, it should be more cost efficient to heat and cool.

    Lendlease didn’t specify whether residents of 1 Java Street will experience any cost savings on utilities thanks to the geothermal system (the units themselves will be priced at market rate, with 30% of them set aside as affordable housing). “Ultimately, it will be up to tenants to manage their power consumption and work with the utility company on billing,” the company told CNN.

    While 1 Java Street will be one of relatively few geothermal buildings in the state, the companies behind its development say New York — and the world — could use more buildings like it.

    “Geothermal is not a new technology … there’s kind of a primitive component to it, using the earth as a heat source and heat sink,” Alacia said. “In general, geothermal can really be used anywhere you have ground under your feet … The cost and the business case can vary, but technically it has strong credentials really anywhere in the country.”

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  • Trump should not be trusted with national secrets if charges prove true, his ex-Defense secretary says | CNN Politics

    Trump should not be trusted with national secrets if charges prove true, his ex-Defense secretary says | CNN Politics

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    CNN
     — 

    Donald Trump’s onetime Defense secretary said Sunday that the former president should not be trusted with the nation’s secrets again should the allegations made in his federal indictment over his handling of classified documents prove true.

    “Based on his actions – again, if proven true – under the indictment by the special counsel, no,” Mark Esper told CNN’s Jake Tapper on “State of the Union.”

    “It’s just irresponsible action that places our service members at risk, places our nation security risk. You cannot have these documents floating around. They need to be secured,” he said.

    Trump has pleaded not guilty to 37 federal charges, including 31 counts of “willful retention of national defense information.” The former president denies any wrongdoing.

    Esper’s critical remarks about his onetime boss follow damning language by another high-profile Trump administration official – former Attorney General Bill Barr – who said last week that Trump was “toast” if even half of the details in his indictment were true.

    “The revelations are very troubling, disturbing,” Esper said Sunday when asked by Tapper if Trump’s actions put America’s national security at risk. “Yes, I do. If the allegations are true that it contained information about our nation’s security, about our vulnerabilities, about other items, it could be quite harmful to the nation. And, look, no one is above the law. And so I think this process needs to play out and people held to account, the president held to account.”

    Trump fired Esper as his Defense secretary in November 2020, shortly after Joe Biden was projected as the winner of the presidential election.

    Meanwhile, in a separate interview on “State of the Union,” House Intelligence Chairman Mike Turner said he was “not going to defend the behavior” listed in the indictment against Trump but the government would need to prove its case as the legal process moves forward.

    The Ohio Republican also said he had “grave concern” about the way documents were stored not just as it pertained to Trump but to Biden as well. A separate special counsel is leading an investigation into Obama-era classified documents found at Biden’s home and former private office.

    ‘Grave concern’: GOP House Intel Chair on classified Trump docs – full interview

    “The chair and ranking (member) of both the House Intel and Senate Intel (committees) have seen some of the documents, both from the Biden cache and the Trump documents itself. And I can tell you that, from having looked at both of those documents, I have grave concern about both of those type of documents being out in an unsecured place,” Turner said. “Both of them included details of national security issues that should not have been outside of a controlled environment.”

    Turner also previewed a closed-door meeting Tuesday his committee will be holding with John Durham, the special counsel who concluded in a report released last month that the FBI should never have launched a full investigation into connections between Trump’s campaign and Russia during the 2016 election.

    “We’re pulling him in to our committee to say, ‘OK, now that we have seen that there were abuses, that this was wrong, and that there are problems with (the Foreign Intelligence Surveillance Act) itself, what are the recommendations that you think we should pursue?’” Turner said.

    Durham is expected to testify publicly before the House Judiciary Committee on Wednesday.

    His 300-plus page report states that the FBI used “raw, unanalyzed, and uncorroborated intelligence” to launch its Trump-Russia investigation but used a different standard when weighing concerns about alleged election interference regarding Hillary Clinton’s campaign.

    Durham, however, did not recommend any new charges against individuals or “wholesale changes” about how the FBI handles politically charged investigations, despite strongly criticizing the agency’s behavior.

    This report has been updated with additional details.

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  • Iron Horse Terminals is Fully Operational

    Iron Horse Terminals is Fully Operational

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    Press Release



    updated: Jun 17, 2020

    Iron Horse Terminals, LLC (IHT) is pleased to announce that the Beaumont, Texas rail terminal is fully operational as of the date of this release. The final step in the construction was the connection of the facility to the Houston Rail Line served by Union Pacific (UP) and Burlington Northern Santa Fe (BNSF). 

    This dual served terminal is the largest rail terminal in the Golden Triangle with 1,300+ storage spots, a 30-car maintenance facility, a 10 car transloading facility and a soon to be operational car washing facility. IHT is located on 500+ acres in the heart of the Southeast Texas petrochemical industry. 

    The master plan for the 500+ acres includes: 4,500 rail car storage spots; 75 car maintenance facility; 25 acres of transload operations; rail served warehousing; plastics repackaging facilities; and an inland container port.    

    Customers include refiners, chemical plants, plastics plants, aggregate and ready-mix suppliers, and large construction projects. 

    IHT is locally owned and operated, with the intent of being a multi-generational business. “Our plan is for IHT to become an integral part of the industry in SE Texas. The size and location of the facility, coupled with the diversity and quality of our services, will allow IHT to create efficiencies in the local industry’s supply chain,” -IHT’s President Steven Birdwell. 

    The completion of the facility is the culmination of four years of work, and much of the success is the result of hard work by our customers, employees, bankers, suppliers, vendors and contractors.

    For more information, visit www.ironhorseterminals.com

    Source: Iron Horse Terminals

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  • NADP Launches Innovative Certified Divorce Specialist™ Designation for Divorce Professionals

    NADP Launches Innovative Certified Divorce Specialist™ Designation for Divorce Professionals

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    The CDS™ training gives professionals a holistic understanding of the divorce process to better help their divorcing clients

    Press Release



    updated: Aug 20, 2019

    ​The National Association of Divorce Professionals (NADP) is launching the Certified Divorce Specialist (CDS) designation, a unique training program designed to teach professionals from all industries the fundamental elements of the divorce process throughout its various stages. The inaugural training session will take place on Oct. 19 and 20 at Nova Southeastern University in Fort Lauderdale, Florida.

    The first of its kind, the CDS certification offers attendees the opportunity to become pioneers in their field by earning the first certification that focuses on a holistic, rather than industry-specific, approach to helping clients who are going through a divorce.

    “This is a certification for anyone whose work touches on the lives of divorcing families,” said Liz Becker, president and co-founder of the NADP, “not only family law attorneys and financial advisors, but also mental health professionals, realtors, mortgage brokers, and so many more. This program is open to anyone, but, ultimately, the families are the ones who will benefit the most.”

    The NADP’s goal with the CDS certification is to give professionals a competitive edge by equipping them with the expertise, knowledge, and skills necessary to better assist their divorcing clients. “These two information-packed days will change the way the attendees communicate with their divorcing clients,” noted Becker, who developed the CDS program and will also be leading the first training. “It will give them a wealth of knowledge to work more effectively with the right tools and resources.”

    The 16-hour training will take place across two days and touch on a wide range of topics, including specialized communication skills and specific information regarding the legal, financial, mental health, and real estate fields.

    “The cost of divorce to families is both financial and emotional,” Vicky Townsend, CEO and co-founder of NADP said. “The impact on these families of working with an educated professional who knows their way around all the different systems is immeasurable.”

    Space for the first CDS training is limited to 70 participants. Interested applicants should contact Kris Demonte at kris@thenadp.com to register and for more information.

    About the NADP: The National Association of Divorce Professionals is an invitation-only organization that unifies highly vetted professionals who serve clients going through all stages of divorce. The NADP is committed to making a positive impact on the divorce process through strategic alliances, divorce-centered education, and comprehensive professional development. Please visit www.thenadp.com for more information.

    Contact:
    Kris Demonte
    ​(954) 800-3080​
    kris@thenadp.com

    Source: The NADP

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  • InfraSite Introduces Patented Underground Box That Solves 5G Problems and Generates Solutions

    InfraSite Introduces Patented Underground Box That Solves 5G Problems and Generates Solutions

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    Press Release



    updated: Jul 25, 2019

    If there was a magical wand that could solve the world’s growing need for more usable real estate while bringing telecommunication carriers together with governing agencies to reach mutual working relationships for 5G/4G LTE deployment, that wand would be kept in a secure box. While there is no magic wand, there is a magic box that has been invented by InfraSite, a Florida-based technology solutions company.

    “We have created a new product that can merge into the wireless industry and bring the municipalities and wireless carriers together to create a new 5G experience. It’s a magic box,” said Kevin T. Aycock, founder of InfraSite.

    The magic is that the underground box houses internet connectivity and personal and business communications while providing solutions for smart cities and worldwide telecommunication networks.

    “Specifically, our product is a fire and flood-proof underground telecommunications equipment shelter. Cars cannot run over the equipment and take it out of commission. Being underground, we give municipalities an aesthetic alternative to unsightly cell towers, give landlords more real estate, and provide network operators the connectivity tools needed to expand 5G, and even some of the current 4G LTE deployments,” added Aycock.

    InfraSite’s introduction of the underground equipment shelter comes as telecommunication carriers are racing to secure more broadcast towers, following the Federal Communications Commission’s decision mandating municipalities nationwide must provide space for 5G deployments.

    “Our product makes a big difference because it bridges the gap between municipalities and what the wireless carriers want to do, whether with 5G or 4G LTE. It allows us to be able to come to the table and bring a solution that works,” concluded Aycock.

    About InfraSite Infrastructure Solutions

    InfraSite is a global company on the cutting edge of technology that designs, develops and provides solutions for customers challenged with the need to place equipment in diverse environmental settings.

    Compared to old fashioned approaches, such as standard macro towers, rooftop installations and small cells, the “out-of-the-box” InfraSite solution enhances the network by providing equipment protection, incremental revenues, increased safety and preserved site aesthetics and property values.

    InfraSite’s innovative infrastructure solutions are designed to support and address wireless deployments from 4G LTE to 5G for wireless carriers, municipalities, property owners, tenants and communities.

    Media Contact: media@infrasite.com

    Source: InfraSite

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  • Ashby & Graff® Real Estate Releases ‘Holding Hands, Holding Dreams’ Video to Support Pride Month and LGBTQ Community

    Ashby & Graff® Real Estate Releases ‘Holding Hands, Holding Dreams’ Video to Support Pride Month and LGBTQ Community

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    Press Release



    updated: Jun 4, 2019

    ​To support LGBTQ Pride Month, Ashby & Graff® Real Estate is raising awareness around diversity and inclusion with the release of its “Holding Hands, Holding Dreams” video that highlights the familiar feelings of thrill that come with first holding hands and first seeing the perfect home for sale. (Watch the video: https://bit.ly/2XkWa7a)​

    The video promotes Ashby & Graff’s belief that its strength comes from a diversity of people, thoughts and ideas. Emphasizing and connecting the joy of holding hands with the joy of finding that perfect home delivers a message that relates to all people.

    However, despite the similar emotions experienced during hand holding, the effects of doing so publicly as an LGBTQ person are anything but similar to members of the majority. Hand holding by LGBTQ people can cause ridicule and in over 1/2 the states in the country, denial of housing or jobs because of failure to include LGBTQ people in anti-discrimination statutes. A recent study found same-sex couples are denied mortgages 73 percent more frequently than opposite-sex couples of similar financial worthiness. A separate study by Freddie Mac and the National Association of Gay & Lesbian Real Estate Professionals found 46 percent of LGBT renters fear discrimination in the home buying process.

    John Graff, CEO of Ashby & Graff Real Estate, stated, “In 2019 – 50 years after the uprising at Stonewall – the LGBTQ community has taken incredible strides toward true equality but there is still progress to be made. We celebrate the gains but recommit to fighting for a better and more equal future on behalf of our employees, clients and their families.”

    Graff continued, “At Ashby & Graff, we embrace and value our differences because it is diversity of thought that strengthens us. Diversity and inclusion aren’t just a corporate policy, they are the fibers that weave the durable fabric of our organization. We are proud to celebrate diversity and the contributions of the LGBTQ community during Pride Month and throughout the entire year.”

    About Ashby & Graff® Real Estate: 

    Ashby & Graff Real Estate is among the fastest-growing independent real estate brokerages in the United States. With agents across Southern California, Ashby & Graff services clients of all budgets, lifestyles and backgrounds. Ashby & Graff is part of the Graff Real Estate Inc. brand collection.

    www.ashbygraff.com

    www.graffre.com​​

    For more information, contact:

    John Graff, CEO
    Ashby & Graff Real Estate
    info@ashbygraff.com
    310-856-9153 ext. 502

    Source: Ashby & Graff® Real Estate

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  • Bid4Assets to Host Forfeited Land Sale for Beaufort County

    Bid4Assets to Host Forfeited Land Sale for Beaufort County

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    The online surplus sale will begin March 18, with the county considering all offers

    Press Release



    updated: Feb 19, 2019

    Bid4Assets.com will host an online sale for forfeited land with a sealed bid format on behalf of the Beaufort County Treasurer’s Office. By moving online, the county is exposing this sale to a wider range of buyers in order to return more distressed properties to the tax rolls. Funds generated from the sale will support essential county services. Beaufort County previously held a sale on Bid4Assets in October 2018.

    “This sale will be different from our last one on Bid4Assets because of the sealed bid format,” said Kimberley Chesney, Beaufort County Tax Collector, “The county will be reviewing all offers in the hopes of returning as many properties as possible to revenue-producing status. As with before, this sale gives a new group of buyers the opportunity to own land in one of the South’s fastest-growing counties.”

    Online bidding will begin on March 18 at 10 a.m. ET with 114 parcels available. Auctions will close at staggered times on March 20 beginning at 1 p.m. ET. The sale will primarily feature vacant land properties, with the county’s highest asking price being $8,877. The format for the online auction will be sealed bid, meaning bidders will be able to submit any amount for consideration at or above $1. All sales will require approval from the Forfeited Land Commission before they can be finalized.

    “We’re excited to be hosting another online sale for Beaufort County,” said Jesse Loomis, CEO of Bid4Assets. “The sealed bid format creates tremendous opportunity for potential buyers to purchase property below market price. Bidders will have the ability to submit their best offer and Bid4Assets’ system will identify the highest bid for each property. We expect this format to draw plenty of new bidders and ultimately create more property owners in Beaufort County.”

    Bidders must register a free Bid4Assets account and fund a $785 deposit before they are able to participate in the sale. Deposits are due by March 12. View sale details, including a list of available properties, at Bid4Assets.com/Beaufort.

    About Bid4Assets

    Bid4Assets (http://www.bid4assets.com) is an online auction site based in Silver Spring, Maryland. The privately held company auctions distressed real estate for the federal government, county tax-collectors, financial institutions and real estate funds. Bid4Assets has conducted online tax sales for over 75 counties and cities nationwide, including counties in California, Washington, Virginia, Idaho, Michigan, Nevada and Missouri. Since its inception in 1999, the company has sold more than 100,000 properties nationwide and grossed over a billion dollars in auction sales.

    Media Contact:
    Sean McLaughlin
    Bid4Assets Marketing Manager

    Source: Bid4Assets Inc.

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  • Bid4Assets to Host First-Ever Online Auction for Tax-Defaulted Properties for Sacramento County

    Bid4Assets to Host First-Ever Online Auction for Tax-Defaulted Properties for Sacramento County

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    Online auction scheduled for Feb. 25, with properties starting as low as $900

    Press Release



    updated: Feb 15, 2019

    For the first time ever, online auction site Bid4Assets will host a tax-defaulted properties sale on behalf of the Sacramento County Tax Collector’s Office. By moving online, the county is exposing this sale to a wider range of buyers in order to return more distressed properties to the tax rolls. Funds generated from the sale support essential county services, which can face shortfalls when taxes go unpaid.

    “Transitioning our tax sale process online is a natural step for Sacramento County,” said Carlos Valencia, Sacramento County assistant tax collector. “Exposing tax-defaulted properties to a nationwide database of bidders gives the county a significantly better chance of returning them to productive use. Many other California counties have found success with Bid4Assets, so their platform seems like the ideal way to achieve this.”

    Bidding opens online on Feb. 25 at 10 a.m. PT with 67 parcels available. Auctions will close at staggering times on Feb. 27 beginning at 3 p.m. PT.

    “Bid4Assets has a long history of streamlining tax sales in California and we are thrilled to be doing the same for Sacramento County,” said Jesse Loomis, CEO of Bid4Assets. “Our platform brings a tremendous number of bidders from across the country to a group of properties that were previously only available at a live auction. Online sales are cheaper and easier, return more properties to the tax rolls and generally bring higher prices. The proceeds support essential county services.”

    Bidders must register a free Bid4Assets account and fund a $5,035 deposit before they are able to participate in the sale and deposits are due by Feb.20. View the auction, including a list of the properties, at bid4assets.com/sacramento.

    About Bid4Assets

    Bid4Assets (http://www.bid4assets.com) is an online auction site based in Silver Spring, Maryland. The privately held company auctions distressed real estate for the federal government, county tax-collectors, financial institutions and real estate funds. Bid4Assets is particularly active with county governments in California, where it has conducted tax-defaulted property sales for the counties of Monterey, Humboldt, Yolo, Napa, Riverside, San Francisco, Imperial, San Diego, Siskiyou, Fresno, Kings, Tulare, Santa Cruz and Los Angeles, to name a few. Since its inception in 1999, the company has sold more than 100,000 properties nationwide and grossed over a billion dollars in sales.

    Media Contact:

    Sean McLaughlin
    Bid4Assets Marketing Manager
    301-562-3427
    ​sean@bid4assets.com

    Source: Bid4Assets Inc.

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  • 2018 Maintains the Skyscraper Construction Momentum of the Previous Decade

    2018 Maintains the Skyscraper Construction Momentum of the Previous Decade

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    Press Release



    updated: Dec 12, 2018

    The Council on Tall Buildings and Urban Habitat (CTBUH) has released its annual report, the “2018 Tall Building Year in Review,” part of the Tall Buildings in Numbers data analysis series. The report shows that 143 buildings of 200 meters’ height or greater were completed in 2018, including 18 “supertall” buildings of at least 300 meters’ height, a new record. The total number of supertall buildings worldwide is now 144. In 2013, there were 76 buildings 300 meters or higher worldwide; in 2000, only 26. The 528-meter Citic Tower in Beijing was the tallest building completed in 2018.

    China has maintained its reign as the most prolific country when it comes to the construction of tall buildings, with 88 completions in 2018, for 61.5 percent of the total. This is a record for China, exceeds last year’s figure by eight, and represents an even greater proportion of the global total than the 2017 figure of 54.4 percent. China’s previous record was set in 2016, with 86 buildings of 200 meters or higher. Second place was again held by the United States, with 13 completions, up from 10 in 2017. And once again, outdoing its own record from last year, Shenzhen, China, recorded 14 completions, making this the third year in a row in which the city accounted for the world’s largest number of 200-meter-plus completions, and comprising nearly 10 percent of the global total.

    Given the rate of urbanization seen in the world – and that we must build the equivalent of a new city of 1 million people every week to accommodate this growth – it is not surprising that the pace of tall building construction continues.

    Antony Wood, CTBUH Chief Executive Officer

    “Given the rate of urbanization seen in the world – and that we must build the equivalent of a new city of 1 million people every week to accommodate this growth – it is not surprising that the pace of tall building construction continues,” said CTBUH Chief Executive Officer Antony Wood.

    Other dominant characteristics of the 200-meter-plus set included the office function (42 percent), and concrete as the main structural material (62.9 percent). The average height of 200-meter-plus buildings completed in 2018 was 247 meters, a slight increase over the 244-meter figure for 2017. The average height of the World’s 100 Tallest Buildings grew to 381 meters.

    CTBUH examines buildings 200 meters and higher due to the completeness of available data for buildings in this category.

    View the full interactive report on The Skyscraper Center.

    Media Contact
    Jason Gabel
    Email: press@ctbuh.org
    Phone: 1 (312) 283-5769

    Source: Council on Tall Buildings and Urban Habitat (CTBUH)

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  • Allen Harrison Company Hires Embrey Management Services to Launch Los Robles

    Allen Harrison Company Hires Embrey Management Services to Launch Los Robles

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    Press Release



    updated: Nov 13, 2018

    Embrey Management Services has been hired by developer Allen Harrison Company to launch its new multi-family development “Los Robles” located in the Stone Oak community. Los Robles is an upscale, 306-unit apartment complex that promotes suburban living in a Hill Country setting.

    “Allen Harrison Company went through an extensive selection process to hire their onsite management company, and we are obviously very pleased to be their new partner,” said Cindy Ash, Embrey Management Services president. “Our company is a standalone enterprise separate from Embrey Partners which does its own multi-family development. We handle leasing and management services at all of Embrey Partners communities, so we have extensive experience in new construction. Allen Harrison Company is a well-respected organization in the industry, and we are really looking forward to developing a great working relationship with them in the years ahead.”

    We believe our service to residents is unmatched. That combination of market expertise and attention to detail for residents has helped us be very successful in property management of contemporary and luxury apartment communities.

    Cindy Ash, Embrey Management Services

    Los Robles is located at 20838 Blanco Road and will be open for leasing by the end of 2018. There are six different unit types in either one- or two-bedroom options. Amenities on the beautifully landscaped property include a resort style swimming pool with in-pool cocktail tables; a 24-hour strength and cardio fitness center; resident clubhouse with a lounge, library, and pub; a natural preserve Biergarten; dog park; and, available covered carports and private storage. The units themselves feature granite countertops and tile backsplashes, stainless steel appliances, wood-style flooring, spacious walk-in closets, private patios and balconies, and much more.

    “We already have our onsite management team in place for Los Robles, and so we’ll be ready for the opening day when the finishing touches on the property are wrapped up,” Ash noted. “We’ve had great success in leasing apartment communities like this to near capacity in relatively short timeframes. Plus, we believe our service to residents is unmatched. That combination of market expertise and attention to detail for residents has helped us be very successful in property management of contemporary and luxury apartment communities.”

    While this is Embrey Management Services first venture with Allen Harrison Company, they have other third-party property management agreements with developers outside of Embrey Partners. Currently, the company is managing 5,000 units in Texas, Arizona, and Tennessee.

    Allen Harrison Company is privately owned and based in Houston, Texas. Founded in 2010 by Paul Forbes and Will Harper, the company has acquired and developed approximately 15,000 multi-family units in various Texas markets. Allen Harrison’s leadership team has also transacted or completed more than $5 billion in multifamily transactions across mixed-use, high-rise, mid-rise, and low-rise multi-family complexes. Its current portfolio consists of 15 properties for a total of 3,789 units. www.allenharrisonco.com. Contacts: Jason Espejo, Managing Director, jespejo@allenharrisonco.com, or Mitchell Hanzik, Managing Director, mhanzik@allenharrisonco.com.

    ###

    San Antonio-based Embrey Partners, Ltd., is a real estate investment company that owns, develops, builds and manages market-rate multifamily and commercial assets in targeted markets across the United States. Since 1974, Embrey has developed more than 39,000 apartments and over 6 million square feet of commercial property. Embrey continues to be one of the leading developers in the multifamily sector, with approximately 6,000 units under construction or in development. www.embreydc.com.

    Source: Embrey Management Services

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  • Bid4Assets.com to Host Los Angeles County’s Largest-Ever Online Tax-Defaulted Property Auction

    Bid4Assets.com to Host Los Angeles County’s Largest-Ever Online Tax-Defaulted Property Auction

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    Sale will open Aug. 4 with over 1,000 properties starting at $1,426

    Press Release



    updated: Jul 27, 2018

    Bid4Assets.com will host Los Angeles County’s tax-defaulted properties sale, auctioning 1,011 tax-defaulted properties online this August 2018. The online auction will include a mix of vacant lots, including land zoned residential, commercial and acreage. All properties will open at a low starting bid of $1,426, except for three items with multiple parcels sold in blocks. No reserve price will be set, so the properties will sell to the highest bidder, regardless of price.

    Following an annual in-person tax-defaulted property auction in October 2017 and follow-up online auction in December 2017, Los Angeles County is once again hosting an online sale through auction website Bid4Assets.com. The August 2018 online sale will expose properties to a wider range of buyers in order to return more distressed properties to the tax rolls. Funds generated support essential county services, which can face shortfalls when taxes go unpaid.

    “We’re honored to serve Los Angeles County in conducting their public auction for tax-defaulted properties,” says Jesse Loomis, CEO of Bid4Assets. “The hope is always that the auction will prompt property owners to pay their taxes and redeem the properties. When that doesn’t happen, we auction the property and find a new buyer. If there aren’t enough bidders in the local market, we bring a database of hundreds of thousands of nationwide real estate bidders to the auction.”

    Auctions will open Aug. 4 at 6 p.m. ET (3 p.m. PT) and begin closing at staggered times between 11 a.m. ET (8 a.m. PT) and 5:50 p.m. ET (2:50 p.m. PT) on Aug. 7. A free Bid4Assets account is required to participate in the sale. Bidders must submit a $5,035 deposit to qualify for bidding. Deposits are due by July 31. You can view a list of properties available in the sale at www.bid4assets.com/losangeles.

    About Bid4Assets

    Bid4Assets (http://www.bid4assets.com) is an online auction site based in Silver Spring, Maryland. The privately held company auctions distressed real estate for the federal government, county tax-collectors, financial institutions and real estate funds. Bid4Assets is particularly active with county governments in California, where it has conducted tax-defaulted property sales for the counties of Monterey, Humboldt, Yolo, Napa, Riverside, San Francisco, Imperial, San Diego, Siskiyou, Fresno, Kings, Tulare, Santa Cruz and Los Angeles, to name a few. Since its inception in 1999, the company has sold more than 100,000 properties nationwide and grossed over a billion dollars in sales.

    Media Contact:

    Sean McLaughlin
    Bid4Assets Marketing Manager
    301-562-3427
    sean@bid4assets.com

    Source: Bid4Assets Inc.

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  • South Carolina Town Selected “Best Place to Live” by Coastal Living

    South Carolina Town Selected “Best Place to Live” by Coastal Living

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    Press Release



    updated: Jan 18, 2018

    ​The small town of Habersham, South Carolina just got some BIG news. The quaint, waterfront neighborhood was just named to Coastal Living Magazine’s “20 Best Places to Live” for 2018.

    The quaint neighborhood of Habersham landed at #4 on Coastal Living’s list and in the company of other great destinations such as Santa Cruz, California and Newport, Rhode Island. Community design, location and coastal lifestyle were all considerations in the selection process conducted by a panel of accomplished editors, writers, designers and planners. The feature article appears online and in the January/February 2018 print edition of the magazine and offers a summary of each location along with a “takeaway” recommendation as to what makes each place so special. Referring to Habersham, the article’s author declares it as “the small town you wish you’d grown up in.”

    Habersham is the small town you wish you’d grown up in.

    Tracey Minkin, Travel Editor, Coastal Living

    Coincidentally, the Habersham development is celebrating its 20th anniversary in 2018 and continues to grow. Habersham has just this month broken ground on an adjoining commercial district and expansion. Unique to Habersham, the town’s village center boasts a collection of shops, restaurants and services within walking distance of all homes. To date, Habersham has welcomed nearly 800 homeowners with new, custom homes being added every month.

    http://www.HabershamSC.com

    http://www.coastalliving.com/travel/top-10/best-places-to-live-2018

    About Habersham, South Carolina

    Habersham, SC is an award-winning coastal town between Charleston and Savannah offering waterfront living and real estate set amid a walkable master plan by Duany Plater-Zyberk & Co. Habersham has previously been selected Southern Living Magazine’s “Community of the Year” (2015), Ideal-Living’s “Best Neotraditional Community” (2016), “Best Neighborhood in America” by the National Home Builders Association (2009), a multi-year recipient (2005, 07, 09) of Where to Retire Magazine’s “America’s 100 Best Master-Planned Communities” and The Beaufort Gazette Readers’ Choice “Best Housing Community/Neighborhood” several years in a row.

    Source: Habersham Land Company

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  • The Michaels Organization Hires Michelle Dixon to Lead Operations for University Student Living LLC

    The Michaels Organization Hires Michelle Dixon to Lead Operations for University Student Living LLC

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    Press Release



    updated: Dec 19, 2017

    University Student Living  LLC, the comprehensive student housing company of The Michaels Organization, announces that Michelle Dixon has joined the company as vice president of operations. Michelle will be responsible for developing strategic initiatives and operational efficiencies throughout the company’s portfolio and directing the company’s regional property managers. Michelle reports to Jim Malesich, senior vice president of University Student Living.

    “We are pleased to have an industry professional with Michelle’s expertise, integrity and leadership skills taking the helm of our property operations,” states Joe Coyle, president of University Student Living. “Michelle is the ideal candidate to achieve the goals of our public and private partnerships and meet the needs of our growing portfolio.”

    Dixon joins the company from Greystar, where she was director of real estate for North Florida. While holding this position, she executed management initiatives for 23 communities representing 7,500 units and developed strategies for mixed-use, high-rise, value-add and luxury apartment communities. Prior to her time at Greystar, Michelle’s student housing experience includes her position as vice president of operations for Campus Apartments where she was responsible for a portfolio of 28 student housing properties. Past positions also include serving as regional vice president for College Park Communities.  

    ABOUT THE MICHAELS ORGANIZATION
    University Student Living (www.universitystudentliving.com) is an independent operating company of The Michaels Organization, a family of companies dedicated to excellence in affordable, mixed-finance, military, conventional multi-family and student housing. Serving more than 135,000 residents in 370 communities across 35 states, the District of Columbia and the U.S. Virgin Islands, The Michaels Organization is a national leader in the residential real estate industry, with full-service capabilities in development, property and asset management, construction, mortgage finance and tax credit syndication. www.themichaelsorg.com

    For further information, contact:

    Dale McCullough
    Director of Corporate Marketing-University Student Living
    dmccullough@tmo.com
    484-238-4737

    Source: The Michaels Organization

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  • San Gennaro Festival Great Success With Help of Stable Development

    San Gennaro Festival Great Success With Help of Stable Development

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    Lance Bradford and Stable Development donate $25,000 to bolster the Annual San Gennaro Festival in Las Vegas, Nevada

    Celebrating their 38th anniversary in Las Vegas, Nevada, the San Gennaro Festival Celebrating their 38th anniversary in Las Vegas, Nevada, the San Gennaro Festival is the biggest Italian food and music festival held bi-annually in Las Vegas, Nevada in honor of Saint Gennaro, the Saint of Naples, Italy.

    The festival features a wide variety of ethnic food vendors, arts and crafts, home exhibits, pony rides & petting zoo, face painters, live international acts hourly on the main concert stage, and amusement rides and games fun for the whole family. The festivities are always a major attraction in Vegas and are a favorite among many of the patrons, and this last year was a major success. Though their goal is always to out-do the last, this time it was taken above and beyond expectations.

    We truly enjoy San Gennaro Festival each time. It is a family event loaded with genuine culture, amazing food, and lightheartedness. The festival has something for everyone, especially the kids and it brings us together. Everyone is smiling from ear to ear. We just love the event. We will be there on the next time around.

    Lance Bradford, President -Stable Development

    The festival was supported through its expanding following as it’s continually a hit for locals and tourists alike. It shouldn’t come as much of a surprise that parking, traffic, and overall event population have risen as concerns and issues surrounding the event. After having met the goal of attendance exceeding 90k at their second event this year, moving it to larger accommodations was necessary.

    Avenue off the 215 and S Durango at 6555 S Riley St. Las Vegas, NV 89148 was selected as an alternative to the previous occasion’s venue. Parking and traffic assistance was generously donated by Lance Bradford, and therein the whole team at Stable Development. Valued at $20k+, the donation ended up being as much a necessity as it was a convenience for the consumers in attendance. It is certain that those who took advantage of the closer parking, clean adjoining facilities, and other related assistance right next door to the festival were thankful for risk and worry-free accommodations!

    About Lance Bradford and Stable Development: Lance Bradford has demonstrated himself to be a well-trusted and respected among real estate professionals local and abroad. As his reputation of success and generosity expands nationally, he is transitioning past experiences, and an entrepreneurial spirit to become a valuable partner in several ventures responsible for ensuring their growth and success. Serving as President of a NASDAQ compliant real-estate company that garnered $500 million in the capital and generated over $1 billion in transactions since its IPO in 1999, Bradford has demonstrated great leadership.

    Through great leadership, Stable Development has experienced tremendous growth. Conquering eight years of business in Las Vegas, Nevada real estate while enduring one of the worst downturns in its history, Bradford, his team, and their business have become known for its Shared Equity Ownership Model as well as its success. Bradford, through Stable Development, identified a need in their local market and met it with a team that truly understands the City of Lights and beyond.

    Learn More About the San Gennaro Festival and Lance Bradford by visiting:

    http://lancebradford.info

    http://www.sangennarofeast.com​​

    Media Contact: Anthony Harding- 602-740-8334

    Source: Stable Development

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  • Why Fall Is the Best Time to Travel to North Carolina

    Why Fall Is the Best Time to Travel to North Carolina

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    Press Release



    updated: Sep 29, 2017

    North Carolina is beautiful any time of the year, but especially so during fall. Explore the Appalachians to the Outer Banks. North Carolina has some of the highest mountain peaks in the eastern U.S. and 482 kilometers of shoreline. 

    It’s home to hundreds of waterfalls, two national forests and dozens of lakes, rivers and streams. A true four-season state, six weeks’ worth of foliage dapples the mountain region each year. Drive the Blue Ridge parkway, sample quality time in a quaint town, or eat your heart out with barbecue, biscuits and gravy.

    What else is there to do? Explore the breathtaking views the range offers while hiking, camping, rafting or zip lining. Along the coast, make time to relax or find adventure. Dive into water sports, including kiteboarding, surfing, stand-up paddle boarding or kayaking. Climb historic lighthouses or aboard a historic battleship.

    When to Go to North Carolina

    Because the state’s climate is affected by altitude, when you visit North Carolina depends entirely on where you are going. The Gulf Stream keeps temperatures mild in the Southern coastal areas, while the cold Labrador Current from the North can make the state’s Northern area quite cold and snowy in winter.

    One of the best parts about visiting North Carolina in the fall is that you can find great deals on vacation home rentals, beach houses, and cabins. Whether you are looking for Outer Banks vacation rentals, Surf City vacation rentals, or Charlotte vacation rentals, HomeEscape has affordable options. HomeEscape allows guests to book rentals directly from owners, without booking fees or processing fees. 

    Where to Go in North Carolina

    So now that you know that North Carolina is the place to be, where exactly should you visit? HomeEscape has some of the most beautiful vacation home rentals and cabins in the state, check out some of these cities to make the most of your vacation: Surf City, Franklin, North Topsail Beach, Asheville, Charlotte, and Outer Banks to name a few.

    Asheville is a great place to visit on vacation. Nestled in the western mountains of North Carolina, Asheville’s reputation as an alternative mountain hideaway precedes itself. Come for the scenery, and stay for the food. Book a private Asheville vacation rental for a comfortable and relaxing stay.

    Asheville has some of the best vacation rentals in North Carolina, perfect for you to spread out and relax with your family. Whether you want a large home to center activities in or a small cabin for a romantic getaway, Asheville is the place to go.

    Franklin, North Carolina has some of the most beautiful cabins and lodges on the east coast. Not to mention, Franklin has the honor of being the gem capital of the world – so put your mining boots on! Families can enjoy the mountains and nearby hiking trails in Franklin. So unplug, and enjoy the great outdoors! Use HomeEscape to find great deals on Franklin, North Carolina cabin rentals

    Come to the Outer Banks for a relaxing family vacation on the beach. The Outer Banks has been enjoying unseasonably warm fall weather, so now is a perfect time to enjoy the waves while also benefiting from autumn vacation rental prices.

    About HomeEscape: HomeEscape connects homeowners and property managers with travelers who seek the space, value and amenities of vacation rental homes as an alternative to hotels. With detailed property descriptions, photos and list of amenities and nearby attractions, HomeEscape makes it easy to find and compare properties all over the world.

    Source: HomeEscape

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  • VR Goggle Technology Takes Potential Real Estate Buyers to the Virtual-Reality World

    VR Goggle Technology Takes Potential Real Estate Buyers to the Virtual-Reality World

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    Stagnant real estate photographs are quickly becoming a thing of the past. With the launch of VR goggles and VR Squad

    Press Release



    updated: Jul 8, 2017

     Stagnant real estate photographs are quickly becoming a thing of the past. With the launch of VR goggles and 3D virtual tours, potential real estate buyers, both residential and commercial, are able to virtually navigate properties in a matter of moments. VR Squad Inc. is one of the first to adopt this state-of-the-art technology, and although it’s still in its early ages of adoption, the technology is catching the eyes of real estate agents, brokers, potential buyers, as well as property managers. Jonny Vu, and Khang Truong co-founders of VR Squad Inc., have an extensive background in engineering and real estate, and now they are taking those skills to help potential buyers find their dream property without ever stepping foot out the door.

    “One of the key advantages of VR goggles and 3D virtual tours is that it provides a fluid, authentic experience,” said Vu. “When you put the headset on you feel like you’re in the space. If you have VR goggles you have the technological ability to walk around the property you’re interested in, and actually view it as if you’re there in person.”

    For a 3,000 square-foot property, a 3D scan takes about 2 hours to capture the space in its entirety. After the scan, Vu and his team upload the footage to the server, and within three hours the client has a link of the property ready to share with potential clients all over the world through VR goggles, a desktop or mobile device. According to Vu, approximately 80 percent of his current customers operate on the residential end, while the other 20 percent are commercial. The technology is rapidly changing the traditional methods of the real estate market, and Vu said other industries are also tapping into the virtual world.

    “We’re doing work with casinos, restaurants, apartment complexes, as well as construction sites -showcasing the before and after developments,” said Vu.

    VR Squad Inc. currently offices in San Jose, CA, but soon they’re taking the virtual world to a second location in Scottsdale, Arizona.

    “Virtual reality is the future and is already changing how industries conduct business and buyers shop for properties,” said Vu.

    CONTACT:                                            

    3d@vrsquadinc.com
    ​Phone: 408-588-9999
    www.vrsquadinc.com

    -End-

    Source: VR Squad, Inc

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  • INCENTCO Launches Student Housing Rewards Platform That Eliminates Gift Cards

    INCENTCO Launches Student Housing Rewards Platform That Eliminates Gift Cards

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    Press Release



    updated: Jun 28, 2017

    INCENTCO has launched an innovative rewards platform that eliminates reliance on physical gift cards for resident rewards. Targeted at student housing owners/operators and the conventional multi-family industry, this innovative platform enables owner/managers to issue rewards from a branded, cloud-based platform. Rewards are issued to residents online via their branded home page and can be redeemed instantly for whatever they want at the nation’s top online and big box retailers. Owner/managers can access reward and redemption data in real time via a dashboard along with a host of other performance-based reports. 

    “Physical gift cards are not only expensive but also require significant labor to administer,” says Gerry Wiatrowski, co-founder of INCENTCO. “With no controls, reporting or performance evaluation, using gift cards is arguably like throwing money away.”

    “Physical gift cards are not only expensive but also require significant labor to administer. With no controls, reporting or performance evaluation, using gift cards is arguably like throwing money away.”

    Gerry Wiatrowski, Co-founder of INCENTCO

    The INCENTCO platform offers a brand-ready experience for both program administrators and residents in a gamified user environment. Rewards are issued online in points or dollars and can be automated for bulk or individual rewarding, virtually eliminating additional labor associated with physical gift card program management.

    “Resident engagement is key in our platform which is not the case with gift cards. Typically while waiting for the gift card to arrive in the mail, residents forget why they got it in the first place or worse yet, call their manager to find out where it is. Our approach eliminates this scenario as residents are rewarded instantly and redeem their awards at any retailer, just like a typical consumer transaction. Residents love it,” says Wiatrowski.

    Programs can be implemented in 30 days and can scale anywhere from one property to large portfolios.

    For more information on INCENTCO real estate solutions, visit incentcoliving.com, or to speak with an executive from the company, please contact Bob Romine at 630-208-1020, or at rromine@rcromine.com. To learn more about INCENTCO™, please visit our corporate site at incentco.com.

    Source: INCENTCO

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  • Century 21 Cedarcrest Realty Invites Public to Participate in Annual Easter Seals  “Walk With Me” Fundraiser on April 8

    Century 21 Cedarcrest Realty Invites Public to Participate in Annual Easter Seals “Walk With Me” Fundraiser on April 8

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    Area Residents and Companies May Join or Support the Caldwell Real Estate Agency’s Team to Fund Critical Services for the Disabled

    Press Release



    updated: Apr 7, 2017

    Representatives from Century 21 Cedarcrest Realty will be at MetLife Stadium in East Rutherford, N.J. on the morning of April 8 to participate in the annual Easter Seals Walk with Me fundraising event. Century 21 is a national sponsor of the organization and Century 21 Cedarcrest, located in Caldwell, N.J. participates every year. The agency is encouraging its customers, business associates and local companies to walk or run that day, or to donate to the real estate office’s team to boost its fundraising efforts on behalf of Easter Seals.

    “We encourage our customers and friends to join us that day for such a worthy cause, or to donate to our team page to help Century 21 Cedarcrest Realty continue to make a difference in the lives of others,” said broker owner John Sass. “Easter Seals provides vital services to disabled children and adults in our communities and we are honored to participate.”

    We encourage our customers and friends to join us that day for such a worthy cause, or to donate to our team page to help Century 21 Cedarcrest Realty continue to make a difference in the lives of others.

    John Sass, Broker owner

    There will be a one-mile family-friendly walk and a USATF-certified 5K run that day. Check-in is at 9:00 a.m., start time is 10:30 a.m. The event will go on, rain or shine. Anyone wishing to participate with Century 21 Cedarcrest or donate to its team can do so at http://bit.ly/2nDJZ70.

    Easter Seals provides services that help people learn to walk, talk and perform other skills essential to daily living; find fulfilling jobs; reach individualized goals early in life; age with dignity; and participate in camping and recreation programs.

    Century 21 Cedarcrest is active in several charitable endeavors throughout the year, including the U.S. Marines Toys for Tots toy drive and various Essex County initiatives to help the disadvantaged. For more information about the award-winning real estate agency, visit www.c21cedarcrest.net.

    ###

    About Century 21 Cedarcrest Realty, Inc.
    Located in Caldwell, N.J., Century 21 Cedarcrest Realty, Inc. (Cedarcrest Realty) works with property buyers and sellers throughout northern New Jersey, including Morris, Essex, Passaic, and Bergen counties. Under the guidance of broker/owner John Sass, nearly 60 real estate agents and REALTORs® work in both residential and commercial real estate. Sass joined the CENTURY 21® Real Estate System as a real estate associate in 1983, and advanced to Management in 1987. He is a licensed broker in the State of New Jersey, as well as a graduate of the REALTOR® Institute (GRI).

    Source: Century 21 Cedarcrest Realty

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