Real property

CEO of Realty of Chicago Steps Down to Launch New Real Estate Venture in September

Retrieved on: 
Mercoledì, Maggio 29, 2024
Real property

CHICAGO, May 29, 2024 (GLOBE NEWSWIRE) -- Realty of Chicago announced today that its esteemed CEO, Eddie Garcia, will be stepping down from his position to embark on a new venture.

Key Points: 
  • CHICAGO, May 29, 2024 (GLOBE NEWSWIRE) -- Realty of Chicago announced today that its esteemed CEO, Eddie Garcia, will be stepping down from his position to embark on a new venture.
  • Garcia, who has been at the helm of Realty of Chicago since its founding in 2012, is set to launch his new project this September.
  • Under Garcia's leadership, Realty of Chicago has expanded its footprint, with multiple locations across Illinois and a robust team of 500 agents.
  • Currently, Realty of Chicago is the 19th largest real estate company in Illinois out of more than 4,000 offices.

SL Green Realty Corp. to Participate in Nareit’s 2024 REITweek

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Martedì, Maggio 21, 2024
SL Green Realty, SLG, Real property, EVP

NEW YORK, May 21, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced that Harrison Sitomer, Chief Investment Officer, Matt DiLiberto, Chief Financial Officer, and Steve Durels, EVP, Director of Leasing and Real Property, will participate in a moderated Company presentation at Nareit’s 2024 REITweek on Tuesday, June 4, 2024 at 10:15 AM ET.

Key Points: 
  • NEW YORK, May 21, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced that Harrison Sitomer, Chief Investment Officer, Matt DiLiberto, Chief Financial Officer, and Steve Durels, EVP, Director of Leasing and Real Property, will participate in a moderated Company presentation at Nareit’s 2024 REITweek on Tuesday, June 4, 2024 at 10:15 AM ET.
  • The Company presentation will be webcast.
  • The live audio-webcast can be accessed in listen-only mode in the Investors section of the SL Green Realty Corp. website at http://slgreen.com/ under “Presentations & Webcasts” and a replay of the audio-webcast will be available via the same link.

TowneBank Reports First Quarter 2024 Earnings

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Mercoledì, Aprile 24, 2024
Aston, Sale, Total, FHLB, Real property, Insurance, Farmer, HomeServices of America, Tax, Acquisition, Berkshire Hathaway, FDIC, Growth, Real estate

SUFFOLK, Va., April 24, 2024 (GLOBE NEWSWIRE) -- TowneBank (the "Company" or "Towne") (NASDAQ: TOWN) today reported earnings for the quarter ended March 31, 2024 of $34.69 million, or $0.46 per diluted share, compared to $38.33 million, or $0.52 per diluted share, for the quarter ended March 31, 2023.

Key Points: 
  • SUFFOLK, Va., April 24, 2024 (GLOBE NEWSWIRE) -- TowneBank (the "Company" or "Towne") (NASDAQ: TOWN) today reported earnings for the quarter ended March 31, 2024 of $34.69 million, or $0.46 per diluted share, compared to $38.33 million, or $0.52 per diluted share, for the quarter ended March 31, 2023.
  • Excluding acquisition-related items and the incremental FDIC special assessment, adjusted earnings (non-GAAP) for first quarter 2024 were $36.27 million, or $0.48 per diluted share, compared to $46.30 million, or $0.62 per diluted share, for first quarter 2023.
  • The effective tax rate was 17.31% in the quarter compared to 20.03% in first quarter 2023 and 8.46% in the linked quarter.
  • The ratio of net charge-offs to average loans on an annualized basis was 0.02% in first quarter 2024, 0.14% in first quarter 2023, and zero percent in the linked quarter.

Involta Appoints Dereck Wischmeyer as General Counsel

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Mercoledì, Aprile 24, 2024
Negotiation, University, Jörg Wischmeier, Real property, General counsel, LLM, Acquisition, LNR, Government, Crown Castle, Growth

CEDAR RAPIDS, Iowa, April 24, 2024 /PRNewswire/ -- Involta, a Carlyle portfolio company and prominent national provider of data center and cloud infrastructure and services, announced today that Dereck Wischmeyer has joined the company as General Counsel. Wischmeyer brings over a decade of business and legal expertise to the company and has extensive experience negotiating high-profile acquisitions and implementing legal strategies to accelerate innovation and growth.

Key Points: 
  • CEDAR RAPIDS, Iowa, April 24, 2024 /PRNewswire/ -- Involta , a Carlyle portfolio company and prominent national provider of data center and cloud infrastructure and services, announced today that Dereck Wischmeyer has joined the company as General Counsel.
  • "Dereck's proven legal and business acumen in the technology sector will be essential to supporting Involta's rapid expansion trajectory," said Brett Lindsey, Involta CEO.
  • Prior to joining Involta, Wischmeyer served as Everstream Solutions' Executive Vice President and General Counsel.
  • "Joining Involta in the booming digital infrastructure sector is a strategic move for me," shared Dereck Wischmeyer, General Counsel, Involta.

SL Green Signs Leases Totaling 104,000 Square Feet at One Madison Avenue

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Martedì, Aprile 9, 2024
Madison Avenue, SL Green Realty, Coffee, David Rockwell, Travel, Flutter Entertainment, Food, JLL, Seafood, Daniel, Real property, SLG, Tree, Nightclub

NEW YORK, April 09, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced three new tenants have signed leases covering 104,110 square feet at One Madison Avenue.

Key Points: 
  • NEW YORK, April 09, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced three new tenants have signed leases covering 104,110 square feet at One Madison Avenue.
  • Italian specialty sandwich shop ALIDORO signed a new 1,004-square-foot, 12-year lease on a portion of the ground floor.
  • “We’re excited to welcome these new tenants to One Madison Avenue which is Midtown South’s most exciting new office development,” said Steven Durels, Executive Vice President, Director of Leasing and Real Property at SL Green.
  • The design was inspired by the green oasis and vibrant urban hub that is Madison Square Park.

Attorney Jeff A. Goldman Included in the Wisconsin Law Journal's Power List for Estate Planning

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Lunedì, Marzo 25, 2024
Trust, Bar association, Lead, Executive Committee, University, American College, Real property, Estate, GateHouse Media, Economics, Property management

MADISON, Wis., March 25, 2024 /PRNewswire/ -- Today DeWitt LLP announced that one of its partners, Jeff A. Goldman, is included in the Power List, a new feature from the Wisconsin Law Journal that "examines the power brokers who lead and influence various parts of the Wisconsin Legal Community."

Key Points: 
  • MADISON, Wis., March 25, 2024 /PRNewswire/ -- Today DeWitt LLP announced that one of its partners, Jeff A. Goldman, is included in the Power List, a new feature from the Wisconsin Law Journal that "examines the power brokers who lead and influence various parts of the Wisconsin Legal Community."
  • Goldman is a member of DeWitt's Executive Committee, is the Chair of DeWitt's Estate and Trust practice group and focuses his practice on trusts, estates, fiduciary litigation and administration, estate planning, and probate.
  • He has served as an adjunct professor of law at the University of Wisconsin Law School, where he taught estate and trust administration and dispute resolution.
  • Goldman earned his law degree, cum laude, from the University of Wisconsin Law School and his B.A.

Armada Hoffler Announces Income Tax Treatment of Its 2023 Dividend Distributions

Retrieved on: 
Venerdì, Febbraio 23, 2024
IRC, Capital gain, Internal Revenue Code, Real property, Partnership, Holding company

Line 2b - These amounts are a subset of, and included in, the 2023 Capital Gain amounts (Line 2a).

Key Points: 
  • Line 2b - These amounts are a subset of, and included in, the 2023 Capital Gain amounts (Line 2a).
  • Box 2e is a subset of, and included in, the 2023 Taxable Ordinary Dividend amounts (Line 1a).
  • Box 2f is a subset of, and included in, the 2023 Capital Gain amounts (Line 2a).
  • Line 5 - These amounts are a subset of, and included in, the 2023 Taxable Ordinary Dividend amounts (Line 1a).

Cutting-Edge Education, Fresh Perspectives, and Tailored Insights for All Appraisal Professionals Highlight the 2024 ASA International Conference

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Giovedì, Marzo 7, 2024
Gems, Online, CE, Real property, Equipment, OnDemand, Learning, Conference, ASA, Machine, Personal property, Business valuation, Student, Nursing

HERNDON, Va., March 7, 2024 /PRNewswire/ -- ASA announces the opening of registration for the 2024 ASA International Conference (ASAIC24) , scheduled for September 15-17, 2024.

Key Points: 
  • HERNDON, Va., March 7, 2024 /PRNewswire/ -- ASA announces the opening of registration for the 2024 ASA International Conference (ASAIC24) , scheduled for September 15-17, 2024.
  • The conference will take place both in person at the Hilton Portland Downtown in Portland, Oregon, and virtually.
  • Marking its 86th edition, this annual event promises cutting-edge education and fresh perspectives designed to broaden the horizons of all appraisal professionals.
  • ASAIC24 distinguishes itself by delivering pertinent insights tailored to individuals across various appraisal sectors, including Business Valuation, Personal Property, Machinery & Equipment, Real Property, Gems & Jewelry, and Appraisal Review & Management.

REALTY ONE GROUP'S MIKE CLEAR NAMED A HOUSINGWIRE 2024 FINANCE LEADER

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Venerdì, Marzo 1, 2024
CFO, Marketing, Realty One Group, Organization, American Home Shield, Finance, Real property, Crusader, Housing, American Home, Management

LAGUNA NIGUEL, Calif., March 1, 2024 /PRNewswire/ -- Mike Clear, Realty ONE Group International's Chief Financial Officer (CFO) and Chief Operating Officer (COO), has been named a HousingWire Finance Leader for the third year in a row, a list that this year included only 40 top finance executives in housing. 

Key Points: 
  • For the Third Consecutive Year, Clear Joins Elite List of Only 40 Top Finance Executives
    LAGUNA NIGUEL, Calif., March 1, 2024 /PRNewswire/ -- Mike Clear , Realty ONE Group International's Chief Financial Officer (CFO) and Chief Operating Officer (COO), has been named a HousingWire Finance Leader for the third year in a row, a list that this year included only 40 top finance executives in housing.
  • Clear is now in his seventh year at Realty ONE Group, a modern, purpose-driven lifestyle real estate brand, where he's been driving the organization forward to become ONE of the fastest growing franchisors in the world.
  • "But it's also given us a chance to find new opportunities to challenge other brands, grab market share and double down on our growth strategies and I'm super proud of that."
  • Clear has been named multiple times to RISmedia's Newsmaker List - in 2024 as a Crusader - which features some of real estate's most impactful leaders.

Landmark Realty Announces Official Opening of Crescent at Chevy Chase

Retrieved on: 
Mercoledì, Febbraio 14, 2024
Multimedia, Washington metropolitan area, Chase, Purple Line, Crescent, Capital Crescent Trail, MPDU, Real property, Development, Housing, Interior design

CHEVY CHASE, Md., Feb. 14, 2024 /PRNewswire-PRWeb/ -- Landmark Realty, Inc., a distinguished family-owned manager, developer, and operator of multi-family properties in the Washington, D.C. metro area, proudly announces the official opening of their first ground-up development, the luxury apartment community Crescent at Chevy Chase, fifteen years from the onset of the redevelopment effort.

Key Points: 
  • Landmark Realty, Inc. is excited to announce the grand opening of Crescent at Chevy Chase, their premier luxury apartment community in Washington, D.C.
  • Situated at 3929 Landmark Ct., adjacent to the upcoming Purple Line and Capital Crescent Trail, Crescent at Chevy Chase offers residents unparalleled access to amenities such as the new Chevy Chase Lake Town Square, local dining, vibrant retail, and Rock Creek Park.
  • Crescent at Chevy Chase stands as a testament to Landmark Realty's dedication to providing new housing options in the Washington Metropolitan Area.
  • CHEVY CHASE, Md., Feb. 14, 2024 /PRNewswire-PRWeb/ -- Landmark Realty, Inc., a distinguished family-owned manager, developer, and operator of multi-family properties in the Washington, D.C. metro area, proudly announces the official opening of their first ground-up development, the luxury apartment community Crescent at Chevy Chase, fifteen years from the onset of the redevelopment effort.