Monthly Archives: October 2011

LIVINGSTON, N.J. - October 12, 2011 - (RealEstateRama) -- Eugene Diaz, co-founder and principal of Prism Capital Partners, LLC, has been chosen to speak at the New Jersey Distressed Assets Conference on Tuesday, Oct. 18, at the Eisenhower Conference Center, 290 West Mt. Pleasant Ave. in Livingston. Hosted by ScheinMedia, the event will take place form 7:30 to 11:30 a.m., featuring an in-depth discussion with leaders in New Jersey's Distressed Assets market.

ENGLEWOOD, N.J. - October 11, 2011 - (RealEstateRama) -- The New York tri-state commercial real estate investment market is flush with equity capital moving into the final months of the year, and interest in broad-class acquisitions across all sectors has risen dramatically. The primary driver for this demand stems from a desire for alternative, fixed-income yields other than what is available in the bond and government securities markets. The recent turmoil in sovereign debt markets has further fueled this trend.

October 10, 2011 - (RealEstateRama) -- Donna Bennett, a sales associate with the Holmdel office of Gloria Nilson, REALTORS®, Real Living, the preeminent high-end real estate brokerage in central New Jersey, has been named the 2011 Realtor-Associate of the Year by the Monmouth County Association of REALTORS® (MCAR). Serving more than 5,800 REALTORS® and REALTOR® associates, MCAR is one of the largest local associations in the tri-state area.

LIVINGSTON, N.J. - October 10, 2011 - (RealEstateRama) -- Social media is a tool for quickly and efficiently communicating with clients and customers, but it's more than simply joining Facebook and LinkedIn. Knowledge of social media, how it works, how it can play an important role in a company's marketing strategy are all key issues, as is knowledge of the pitfalls, legal and otherwise. That was the message delivered by a panel of experts at the NAIOP New Jersey seminar, "Social Media for Commercial Real Estate Professionals."

EDISON, N.J. - October 7, 2011 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. announced today that a seasoned, five-person office brokerage team headed by Paul Giannone has joined the company’s Edison office. The new hires, who are transitioning to Cushman & Wakefield from Jones Lang LaSalle, include Giannone, executive vice president, of Ocean Twp., N.J.; Paul Hindes, executive director, of Westfield, N.J.; Kevin Carton, senior director, of Brielle, N.J.; Todd Elfand, senior director, of Branchburg, N.J.; and Charles Cavallo, associate director, of Hamilton, N.J.

Mt. Laurel, NJ - October 6, 2011 - (RealEstateRama) -- Metro Commercial Real Estate, Inc., the tri-state region's premier full-service retail real estate company, has negotiated a 20,000 SF lease for Chuck E. Cheese. The entertainment center will be located at 275 Route 4 in Paramus, NJ within the Shoppes at IV. Owned by Mall at IV Group Properties, Inc., this 134,000 SF power center includes Macy’s Furniture Gallery, Thomasville and Paramus Jewelers Exchange

JERSEY CITY, N.J. - October 5, 2011 - (RealEstateRama) -- Sophine Hung, a real estate broker at Metropolitan Residential Partners in New York City, had never been to Jersey City, N.J. before. The 20-year real estate veteran had been selling upscale homes in highly-amenitized buildings in Westchester County and Manhattan for the past two decades, but New Jersey’s Hudson River “Gold Coast” was unfamiliar territory.

Toms River, NJ - October 4, 2011 - (RealEstateRama) -- Veteran New Jersey real estate industry executive, Peter Tront, is happy to announce that he has successfully relocated his branch of the Real Estate Mortgage Network, Inc. (REMN), from Manasquan, NJ, to the nearby town of Toms River. With this new location in the heart of Ocean County, Tront and his team will be able to better serve the mortgage needs of new and existing home owners in the Ocean County region.

HACKENSACK, N.J. - October 3, 2011 - (RealEstateRama) -- With the federal Section 1603 Grant Program set to expire at year's end, those interested in "going solar" may have a limited window to obtain the program's benefits. Solar Renewable Energy Certificate (SREC) pricing, meanwhile, has been in a free-fall, dimming one key financial benefit for others. And competitive issues continue to factor into the solar equation. It all adds up to "Crunch Time for Solar," the appropriate title for a solar energy seminar held at the Stony Hill Inn in Hackensack, N.J.

ROCHELLE PARK, N.J. - October 3, 2011 - (RealEstateRama) -- The Industrial and Office Real Estate Brokers Association of the New York Metropolitan Area Inc. (IOREBA) has introduced the organization's slate of officers for 2011-2012. With roots dating back to 1927, IOREBA is a membership organization of brokerage and real estate industry-related professionals doing business in New Jersey, New York, Connecticut and Pennsylvania.