“Paul and David are valued members of our company’s leadership team,” said Daniel B. Hurwitz, president and chief operating officer of Developers Diversified. “In their new capacities they will ensure we structure the key components of our organization for strength and stability in challenging and prosperous times.”

Mr. Freddo joined Developers Diversified as senior vice president of development-western region in August 2008. In his new role, he will oversee the leasing, development, development leasing, peripheral development and anchor store redevelopment departments within the company. In addition, Mr. Freddo will serve on the company’s executive, investment, operating, and internal compensation committees.

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“You really have to look at 2008 as being two totally different markets,” said Francois DeJohn of Hayes Commercial Group in Santa Barbara. “For the first nine months, the economy and commercial real estate market was doing quite well. But as of Oct. 1, it was a totally different story; the sales side of the market has come to a virtual standstill.”

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Yulee, FL (PRWEB) January 6, 2009 — United Country Certified Real Estate, a licensed Florida real estate broker and real estate auction company, announces an upcoming Florida land auction for Florida commercial real estate in Nassau County, Yulee, Florida.

“This Florida land auction will be offered to the highest and best bidders whom have properly registered,” explains Myers Jackson, graduate of the Certified Auctioneers Institute and Accredited Auctioneer of Real Estate. “The opportunity to purchase a Florida commercial real estate property at buyer’s prices in Nassau County is unheard of.”

After the last few weeks of aggressive marketing and heightened awareness, buyers are anxious to have the choice to purchase the 5.47+/- acres of commercial real estate up for auction in Nassau County. Curious callers have inquired about the bidder registration process and the qualifications required to bid on the land. Interested parties have asked questions concerning the logistics of the transactions, the bidding process, and the location of this Florida real estate auction event.

The 5.47+/- acres is located at Nassau Place Road in Nassau County, Yulee, Florida. This Florida commercial real estate has a great corner location on busy A1A/S.R.200. It is located in a high traffic area near Super Wal-Mart and several car dealerships. The property has paved road frontage on A1A and Nassau Place Road and water and sewer are available on front of the lot.  Interstate 95, Interstate 29 and Jacksonville International Airport are just minutes away. In addition, national retail centers are located east and west of this prime real estate and it is adjacent to the Nassau County Government complex. This Florida land auction offers an excellent development opportunity on a major thoroughfare. This is a perfect chance to invest in real estate on one of Florida’s busiest travel corridors on a major connector, just North of Jacksonville, Florida in Nassau County. Anyone looking for a highly visible tract cannot miss this live outcry Florida real estate auction event.

When this Florida commercial real estate property is brought to the auction block, all qualified, registered bidders will compete for the privilege to sign contracts. The auction starts at 2:00 p.m. Wednesday, January 21st and will be held onsite. Terms and conditions will be read aloud, any remaining questions will be addressed, and only the highest and best bids will be taken into consideration.

Jackson says the auction method of marketing was chosen by the sellers to expedite the sale process and give an unprecedented opportunity to buy a Florida commercial real estate property in an open and public forum. The sellers, having varied motivations, wished to reach a qualified bidder pool, save time in the marketing process, and present an optimal chance to buyers wishing to capture incentives in today’s land and real estate market.

“There is no better way to market commercial land in this environment,” says Jackson, Veteran Broker and Auctioneer. “A property of this type requires sophisticated buyers who are well qualified to purchase, able to pay cash or obtain financing quickly and close in a manner that affords the seller the ability to make decisions on a structured timeline.”

Event news and details of this Florida commercial real estate auction and Florida land auction are available online. Myers Jackson can be contacted by calling 229-726-0065 or email Myers (at) CertifiedAuctionMail (dot) com.

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For the original version on PRWeb visit: http://www.prweb.com/releases/FloridaRealEstateAuctions/FloridaLandAuctions/prweb1828324.htm

(PRWEB) January 6, 2009– Renters can now search for foreclosure free rentals on RentalForeclosure.com. The website has launched its “for rent” platform which gives landlords, real estate agents, and property management companies the opportunity to advertise their rentals on the site.

When a new listing is added to the site RentalForeclosure staff checks the property to make sure it is not currently in default. If the property passes the checks then it is made available on the site for perspective renters to view. No listing is displayed on the site without being certified foreclosure free so renters can look for their next rental with confidence.

“This was a natural progression for us,” said Shawn Shepherd, co-founder of RentalForeclosure.com, “we have many users who go to our site with the local newspaper in hand and check address after address to make sure they are not going to rent a home that is already in foreclosure. We’ve eliminated a step for them by checking all the rentals on our site before hand,” Shepherd added.

RentalForeclosure.com started out as, and still is, a web site for renters to use to find out if the home they are currently living in is in foreclosure. According to data compiled by the site, over 300,000 renters nationally were evicted because of landlord foreclosure in 2008. In the month of December alone RentalForeclosure.com had over 500,000 hits, most of them from renters.

In addition to being a resource for renters, the site can also be a useful tool for landlords, property management companies, and real estate agents. Once a listing is loaded in the system the site tracks all of the activity on that listing and gives rental owners and managers easy ways of communicating with potential renters. A property management company or real estate agent could track an entire portfolio of listings on the site’s easy to use platform. There is a charge for listing rentals on the site. At the time of this release the charge per listing is $8. For that price the listing is certified by RentalForeclosure and stays active until the listing is rented or a default is recorded.

The Rental listing platform can be viewed at http://www.rentalforeclosure.com/for-rent/

Company Information:
RentalForeclosure.com was founded in 2007 by Dave Madam and Shawn Shepherd in the Las Vegas area. Dave and Shawn both worked together in the real estate industry and saw firsthand the devastating effects on renters when the landlords could no longer afford the mortgage. The company has made great progress in its efforts locally and has since branched out on a national level.

RentalForeclosure media contact: Dave Madam, 702.497.4251

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For the original version on PRWeb visit: http://www.prweb.com/releases/Foreclosure/Rentals/prweb1826784.htm

All sectors—commercial, residential and retail—were hammered last year. And though the outlook for this year is still shaky, there is some optimism that the market will at least stabilize this year.

Much will depend, of course, on how quickly the economy—and jobs—start to recover.

“The health of the commercial real estate sector is a direct reflection of the health of the broader economy, “says Bruce Mosler, President and Chief Executive Officer, Cushman & Wakefield. “The biggest factors affecting commercial real estate demand from an occupancy perspective are employment, personal consumption and economic growth—all of which have an impact on office, industrial and retail property.”

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It’s a bitter pill to swallow and another blow to the balance sheet for loan officers and bankers. For months, banks held on to these assets waiting for the tide to turn, but with every indicator pointing to a prolonged recession, banks are trying to unload these properties, potentially flooding a market unable to meet demand.

“Commitments were made at the top of the market,” said Peter Gooding, co-founder of Pilot Asset Management in Scottsdale. “Many of those commitments just simply aren’t sustainable today.”

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Panama City, Panama (PRWEB) January 2, 2009 — Templar Panama’s top officers handed over hundreds of toys to four children’s charities in a ceremony at Panama City’s Hard Rock Café. Several company employees also visited the Embera Drua village to deliver gifts to that indigenous community.

At the Hard Rock Cafe, company President Gonzalo De La Guardia and Investment Division President Martin Lamb briefly took the stage to explain Templar’s gifts to Panama’s Children’s Hospital, Casa Esperanza, CSS Chepo and Aid for AIDS.

“We bought more than 1,000 toys,” Gonzalo said. “That was the easy part. Distributing them is much harder. These wonderful institutions know the best ways to put a toy in the hands of hundreds of children who would receive no other gifts this Christmas.”

“It’s a wonderful joint venture.”

Their short speeches were followed by messages of thanks from the charity leaders and a night of Christmas carols and dancing for the patients of the children’s hospital.

The group visited the Embera indigenous people later in the week. As the group hiked up the Chagres River, Gonzalo, who has made annual trips to bring gifts to the Indians for years, explained that the act of giving is as important for givers as it is for those who received the gifts.

“At Templar, we know the power of giving,” Gonzalo said. “We want our good fortunes in life and in business to flow and touch as many people as possible. Helping kids at Christmastime is the perfect opportunity to share with others less fortunate.”

Gifts included toys for young boys and girls along with soccer and basketballs.

Christmas dinner in Chichivali

On December 25, about 80 of residents Chichivali, a small community near El Valle de Anton, gathered for a Christmas dinner.

“Many of these families wouldn’t have had a Christmas dinner,” said Guillermo Alveo, the Templar employee who organized and hosted the meal at his family home, as he helped serve up the food on Christmas Day.

“We wanted to help. We could have just donated food, but we felt it was important to deliver it today so that these people got to have their holiday meal at the same time as the rest of the world.”

The dinner included traditional Christmas food for the town’s families along with gifts of toys and balls for the children.

Sports equipment for Panama City’s youth

When Templar’s donation of 440 soccer and basketballs exceeded demand from local charities this year, real estate agent Carlos Vaquero saw an opportunity to bring giving right to the street.

On Christmas day, Carlos and several other Templar employees passed out balls in some of Panama City’s neediest neighborhoods.

“We just got in the truck and drove around,” Carlos said. “People were totally amazed when we shouted “Hey, merry Christmas!” and tossed them a ball.”

An emerging tradition

Both Gonzalo and Martin said they hoped to make Templar’s gift giving an annual tradition.

“Templar is new in town, and we feel the need to help where we can,” Gonzalo said. “I just hope we can do more for our community next Christmas.”

For more information on Templar Panama’s community activities, please email Gonzalo De La Guardia, President, at gonzalo(at)templarpanama.com.

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For the original version on PRWeb visit: http://www.prweb.com/releases/templarpanama/templar/prweb1811354.htm

(PRWEB) January 2, 2009 — Robert H. Norton President of Norton & Associates Inc. a 30 year old New York M & A, Private Equity Investment Consulting and P & L Management group. Providing private investment funding, Development, Engineering and Construction Management firm announces the addition of US Property Portfolio Inc. that provides receivership asset management, re engineering and marketing to private equity investors.

Norton & Associates Inc. provides investment consulting, P & L Management services for US commercial failed developments that requires receivership management and marketing for new investment partnerships. The services include management, re engineering of commercial PUD developments, adding values for investment tax credits, energy credits for alternate and renewable fuels, conservation land credits, and carbon credits for reduction of GHG for land, improvements and operations. The goal for the process is a discounted purchase price, deferred investment tax credits with energy credits “added values”.

The commercial real estate market will remain private and will be owned by Land Bank Holding Corporations providing acquisition private equity funding, P & L management, re engineering and marketing. The process today will require investors to remain invested for 3 to 5 years. The return values include discounted purchases, added values technology and various new credits that earn the equity ownership market returns of five times the secured investment.

Norton & Associates Inc. also provides Carbon Technology Management that identifies benchmark values of existing commercial real property that will qualify for Carbon Credit offsets and added value. All projects are selected based on environmental, conservation, energy (wind, solar), bio technology management evaluation programs that provide Carbon Conservation footprint management with the reduction of greenhouse gas (GHG).

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For the original version on PRWeb visit: http://www.prweb.com/releases/2009/01/prweb1812194.htm

Begin again. There are tons of New Year’s predictions out there (from friends, shoppers, colleagues, experts and online all-of-the-above) regarding everything from baseball stats to baby names, and including of course, real estate activity. Most of the real estate forebodings — I mean, forecasts — resemble each other, with a few interesting exceptions.

Here’s a huge surprise for which you may even want to sit down: home prices will continue to fall and home owners will experience little or no appreciation, at least early in 2009. The California Association of Realtors (CAR) estimates a conservative drop of 6 percent in median price on a California home, to roughly $358,000. Elizabeth Weintraub, Sacramento-based real estate writer and veteran of the industry, points out the potential benefits of the situation: “On the bright side, employed home buyers with good credit will find 2009 is an excellent time to buy.”

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They’d watched business boom at Columbia River Bank and West Coast Bank from 2004 to 2006. Yet, Pacific Continental Bank’s head real estate banker, Charlotte Boxer, had no interest in chasing speculative deals in fast-growing Bend, Happy Valley or Medford.

She steered clear of sprawling subdivisions and big production builders to focus on in-fill projects by small builders. The bank offered no subprime loans and generally tried to stick with its core customers: nonprofits and small businesses.

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