Real Estate News

Home sales in Los Angeles County rose 1.8 percent in October compared to the same time last year, but were down 5.6 percent from the previous month, according to figures released today.

Maine real estate agents say sales of single-family homes in the state are up for the fifth consecutive month.

ORLANDO, Fla. -- NAI Realvest recently negotiated the sale of the 48,592 square foot industrial facility located at 1870 Mason Ave. in Daytona Beach for $1,600,000.00.

ORLANDO, Fla. --- Beazer Homes has started development of 36 new 50 and 70-foot home sites at Sawgrass, off Weatherbee Rd. between S. Orange Ave. and Boggy Creek Rd. in southeast Orlando.

PORT ORANGE, Fla. --- The Villages of Royal Palm in Port Orange, voted one of America’s 100 best master planned communities by readers of Where to Retire magazine, announced it will double the U.S. Tax Credit for qualified home buyers through the end of the year.

ORLANDO, Fla. -- Cuhaci & Peterson Architects, LLC, based in Orlando’s Baldwin Park, has been awarded a contract to design the exterior renovation of an old grocery store building that was formerly a Publix supermarket at Winter Garden Center located off South Park and SR 50 in Winter Garden. The developer of the 50,000 square foot facility is Barron Realty, Inc., according to Lonnie Peterson, chairman at Cuhaci & Peterson Architects, LLC.

TAMPA, Fla. – Beazer Homes will start pre-selling new town homes at its Hampton Lakes community located on Race Track Road and Country Way Blvd. in Tampa in December.

TAMPA, Fla. – Grubb & Ellis|Commercial Florida which is associated with 130 Grubb & Ellis offices worldwide, recently negotiated a sublease agreement for 16,160 square feet of surplus warehouse space located at 622-624 Ware Blvd. in Tampa.

ORLANDO, Fla. -- NAI Realvest recently completed a five-year renewal agreement for 52,590 square feet of industrial space at Crossroads Business Park located on Gills Drive off W. Landstreet Rd. in south Orlando.

TAMPA, Fla. --- Lennar’s Central Florida division, which builds new single-family homes and town homes priced from the $100s to more than $400,000 throughout Central Florida, recently appointed John Kappeler purchasing systems manager.

ORLANDO, Fla. -- Cuhaci & Peterson Architects, LLC, based in Orlando’s Baldwin Park, was recently awarded contracts to design interiors for three retail facilities at Village Crossroads retail center at The Villages in Lady Lake.

ORLANDO, Fla. --- With the challenging economic times, ABD Development Company is now offering four smaller, smarter custom built single-family homes at Heritage Green at Providence Golf & Country Club off U.S. 17-92 and CR 532 in Davenport in Polk County.

ALTAMONTE SPRINGS, Fla. --- Emerson International recently negotiated a new long-term lease agreement for 15,000 square feet of Class A office space at CenterPointe I, located at 240 E. Central Parkway in Altamonte Springs.

Kenneth Koch, commercial portfolio manager at Emerson International, negotiated the lease agreement with the new tenant, Crump Insurance Services of Florida, on the landlord’s behalf.

ORLANDO, Fla. -- Cuhaci & Peterson Architects, LLC, based in Orlando’s Baldwin Park, which ranks as one of the largest commercial architectural firms in the southeast, was recently awarded contracts to design renovations for Sweetbay grocery store facilities in Sarasota, St. Petersburg and South Pasadena.

Lonnie Peterson, chairman of Cuhaci & Peterson Architects, said all three facilities measure 35,000 square feet of retail space.

TAMPA, Fla. – Beazer Homes has opened a third phase with 79 new single-family home sites at Dupree Lakes, located off Ehren’s Cutoff and S.R. 41 in Land O’Lakes.

David Byrnes, president of Beazer Homes in Florida, said new three, four and five-bedroom homes in the new third phase at Dupree Lakes will include Beazer’s new eSMART features that increase energy and water efficiency and indoor air quality, and will be priced from $189,900.

ORLANDO, Fla. --- Cuhaci & Peterson Architects LLC, based in Orlando’s Baldwin Park, was recently awarded a contract to design two Pizza Hut restaurant facilities in Baxley, Georgia and Bluffton, South Carolina.

Jed Downs, president of Cuhaci & Peterson Architects, said Yum Brands, Inc., the Louisville, Ky. Company that owns the Pizza Hut, KFC, Taco Bell and Long John Silver’s brands and ranks as the largest restaurant company in the world, awarded the contracts.

Both restaurant facilities will total 1,200 square feet of space, Downs said.

The U.S. Army Corps of Engineers violated federal environmental laws by failing to give the public enough of a say before issuing permits for mountaintop removal coal mines in West Virginia, a federal judge ruled Tuesday.

Sales of new homes are expected to post a modest increase in October, reinforcing data this week that showed the real estate market is regaining its footing after a dramatic collapse.

U.S. Sen. Johnny Isakson said there wona t be another extension of a homebuyer tax credit after it expires in June.

The apparent end of the recession and stabilizing financial markets have not cured the banking industry.