Yearly Archives: 2011

Somerset, NJ - October 18, 2011 - (RealEstateRama) -- Andrew Zezas, SIOR, President and CEO of Real Estate Strategies Corporation, announced today that the New Jersey based corporate real estate advisory and transaction services firm has received a license as a real estate broker in the Commonwealth of Massachusetts. Real Estate Strategies Corporation recently completed a significant transaction in Andover and Tewksbury Townships in Massachusetts for a major client and will shortly embark on other engagements in the Commonwealth, as well.

EUGENE, OR - October 18, 2011 - (RealEstateRama) -- Metro Milwaukee MLS (MetroMLS) listings are now seamlessly integrated onto the website of Mary Strang, thanks to IDX, Inc. and their dynamic IDX Broker software. As a Viroqua, Wisconsin real estate agent, Strang has long had access to MetroMLS listings. Now, her clients and other home seekers can scan the MetroMLS with the same ease afforded to Strang and hundreds of agents and brokers around Wisconsin. With the innovative IDX solution Strang has chosen to employ, potential buyers can experience an unprecedented online property search.

Edison, N.J. - October 17, 2011 - (RealEstateRama) -- The New Jersey Association of REALTORS® (NJAR®) Governmental Research Foundation (GRF) today released a group of three reports on methods of controlling property taxes in New Jersey. The first two studies show the benefits associated with consolidating either services such as police, fire, municipalities or school districts. The third report details how property taxes can be controlled and ultimately lowered by the new 2.0 percent property tax cap that took effect at the beginning of this year. The reports listed below were conducted for NJAR®GRF by the Ball State University Center for Business and Economic Research:

Trenton, NJ - October 17, 2011 - (RealEstateRama) -- Courier-Post: “Christie projected local governments will save $337 million in pension and health care costs in 2012 as a result of bipartisan reforms he championed.” (Carol Comegno, “Christie Visits Mount Laurel, Talks Property Tax Reform,” Courier-Post, 10/14/11)

Trenton, NJ - October 17, 2011 - (RealEstateRama) -- Governor Chris Christie today visited the home of Gary and Linda Cogan, 26-year residents of Mount Laurel, for his second consecutive day of conversations with property taxpayers to discuss the critical property tax relief his historic, bipartisan pension reforms are providing in their first year of implementation. In total, Mount Laurel will save $557,557 in its 2012 budgets alone, including township savings of $509,221 and school district savings of $48,336 from the reforms signed into law on June 28, 2011. Statewide, Governor Christie’s reforms will save New Jersey’s property taxpayers and local governments $267 million in 2012, making good on the Governor’s promise to drive down the skyrocketing cost of local government and to provide real, long term property tax relief.

SOMERSET, N.J. - October 14, 2011 - (RealEstateRama) -- The Industrial and Office Brokers Association of the New York Area (IOREBA) will host a program on data centers on October 24, 2011, from 5 to 8 p.m. The event, slated for Sentinel Data Centers' NJ1 facility, 800 Cottontail Lane, Somerset, N.J., will include a panel discussion, hors d'oeuvres and cocktails, and group tours of the facility. Panelists will include: Michael Pembroke, senior vice president, leasing and marketing, Russo Development; Michael Silla, director of strategic development, Concept CSI; and Josh Rabina, co-founder of Sentinel Data Centers. Sean Brady, senior director of Cushman & Wakefield, Inc., will be the moderator.

SHORT HILLS, N.J. - October 13, 2011 - (RealEstateRama) -- The New Jersey Chapter of NAIOP, the commercial real estate development association, will present its 7th Annual President's Awards Dinner November 7 at the Short Hills Hilton. Registration and cocktails begin at 4:30 p.m.

WOODBURY, N.J. - October 13, 2011 - (RealEstateRama) -- Nicole Hantman of Marlton, New Jersey has recently joined Continental Home Loans, Inc as its new Relationship Manager for the New Jersey market. With more than 20 years experience in the real estate, mortgage and homebuilding industries, Hantman has specialized in building new business relationships with home builders and associated members throughout the New Jersey and Philadelphia area. In her new role, Hantman will focus on expanding the company’s business relationships with home builders, developers and remodelers within southern New Jersey.

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.

NEW BRUNSWICK, N.J. - September 30, 2011 - (RealEstateRama) -- Effective immediately, the New Jersey Real Estate Commission (NJREC) requires that licensed real estate professionals, including brokers, broker-salespersons and salespersons, complete continuing education requirements as a condition of biennial licensure renewal. NAIOP New Jersey’s October 4 seminar, Social Media for Commercial Real Estate Professionals, has been approved for two MCE (Mandatory Continuing Education) credits.

NEW BRUNSWICK, N.J. - September 29, 2011 - (RealEstateRama) -- State government's approach to business is being changed by the administration of Gov. Chris Christie, but the economic environment is not yet cooperating in terms of its impact on commercial real estate. That was the message delivered by top New Jersey officials and a panel of CEOs at the September Chapter Meeting of the New Jersey Chapter of NAIOP, the commercial real estate development association.