Urban Land Institute

CTO Realty Growth Announces Acquisition of 318,000 Square Foot Retail Power Center in Orlando, Florida for $68.7 Million

Retrieved on: 
Thursday, March 21, 2024

WINTER PARK, Fla., March 21, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the acquisition of Marketplace at Seminole Towne Center, a 318,000 square foot multi-tenant retail power center in the Sanford submarket of Orlando, Florida (the “Property”) for a purchase price of $68.7 million.

Key Points: 
  • WINTER PARK, Fla., March 21, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the acquisition of Marketplace at Seminole Towne Center, a 318,000 square foot multi-tenant retail power center in the Sanford submarket of Orlando, Florida (the “Property”) for a purchase price of $68.7 million.
  • The purchase price represents a going-in cap rate within the range of the Company’s current guidance for initial cash yields.
  • Seminole Towne Center is situated on 41 acres along I-4 and SR 417, just over 20 miles north of downtown Olando, Florida.
  • A portion of the acquisition was structured as a reverse like-kind exchange in anticipation of possible future income property dispositions by the Company.

Jenna Saucedo-Herrera, CEO and President of greater:SATX, joins Prestigious Forbes Business Council

Retrieved on: 
Wednesday, April 3, 2024

SAN ANTONIO, April 3, 2024 /PRNewswire/ -- greater:SATX, the lead economic development organization for the greater San Antonio region, announced today that its CEO and President, Jenna Saucedo-Herrera, has joined the Forbes Business Council, an invitation-only community for business leaders and owners worldwide.

Key Points: 
  • SAN ANTONIO, April 3, 2024 /PRNewswire/ -- greater:SATX, the lead economic development organization for the greater San Antonio region, announced today that its CEO and President, Jenna Saucedo-Herrera, has joined the Forbes Business Council, an invitation-only community for business leaders and owners worldwide.
  • Saucedo-Herrera was selected by a review committee based on the depth and diversity of her experience.
  • Criteria for acceptance includes a track record of successfully impacting business growth metrics, as well as personal and professional achievements and honors.
  • As an accepted member of the Business Council, Saucedo-Herrera has access to a variety of exclusive opportunities designed to help her reach peak professional influence.

Meet the Female Disrupter in the Boys Club World of Commercial Real Estate

Retrieved on: 
Tuesday, March 19, 2024

DALLAS, March 19, 2024 /PRNewswire/ -- As President of Wildcat Management, Tanya Ragan is a force in male-dominated industries like commercial real estate, oil and gas leasing, and venture capital.

Key Points: 
  • DALLAS, March 19, 2024 /PRNewswire/ -- As President of Wildcat Management, Tanya Ragan is a force in male-dominated industries like commercial real estate, oil and gas leasing, and venture capital.
  • Her rise to prominence shines a light on the excellence of women in these traditional boys' club sectors.
  • It is evident that closing the door on Ragan only means handing her the keys to the very building you're in.
  • This propelled Tanya into commercial real estate, achieving lasting impact.

SAN ANTONIO RANKS THIRD IN METRO POSITIVITY AMONG LARGEST CITIES IN THE U.S. AND CANADA

Retrieved on: 
Thursday, February 29, 2024

SAN ANTONIO, Feb. 29, 2024 /PRNewswire/ -- San Antonians like where they live and their happiness is reflected in their job satisfaction according to a recent "Metro Positivity" study included in a newly launched whitepaper from greater:SATX Regional Economic Partnership. In the study, San Antonio finished third of the 41 largest metros in North America, outranking such destination cities as Denver, Toronto, Seattle, and New York.

Key Points: 
  • In the study, San Antonio finished third of the 41 largest metros in North America, outranking such destination cities as Denver, Toronto, Seattle, and New York.
  • They established a "metro positivity score" for each, signifying how the metro in which the associates work contributes to employee satisfaction, engagement, retention, and other outcomes.
  • In other recent news, San Antonio made its debut on the "Top 10 U.S. Markets to Watch List," ranking No.
  • To learn more, click here to review the greater:SATX whitepaper titled "Best Practices to Nurture Metro Positivity Effect: San Antonio Case Study."

GreenGen Announces Expansion to India, Elevating Global Reach to Accelerate Low-Carbon Solutions Across the Built Environment

Retrieved on: 
Thursday, February 22, 2024

MUMBAI, India, Feb. 22, 2024 /PRNewswire/ -- GreenGen, a global leader in energy and sustainability solutions, is proud to announce its expansion into India, unveiled at the Urban Land Institute (ULI) India Summit in Mumbai. This strategic move aims to better support leading real estate investors, operators, and businesses in their transition towards net zero.

Key Points: 
  • Since 2022, GreenGen has maintained a presence in India, however, this latest initiative marks a significant expansion, establishing a comprehensive team in the world's most populous country.
  • This expansion reflects GreenGen's commitment to providing local expertise and custom solutions.
  • This move aligns with GreenGen's philosophy of meeting clients where they are, extending its global reach across the US, Europe, APAC, and now India.
  • "The built environment in India presents a massive opportunity for GreenGen to capture exciting growth opportunities.

A Collaborative of San Diego Design Leaders Reinvigorates the Design Center, Introduces Futuro Space

Retrieved on: 
Tuesday, February 6, 2024

“The San Diego Design Center is not just a building, but a place where history and creativity meet,” said Sean Slater, AIA, Senior Principal at RDC.

Key Points: 
  • “The San Diego Design Center is not just a building, but a place where history and creativity meet,” said Sean Slater, AIA, Senior Principal at RDC.
  • Groups Futuro has hosted include the Urban Land Institute (ULI San Diego-Tijuana), the American Institute of Architects (AIA San Diego), the San Diego Architectural Foundation, and Citizens Coordinate for Century 3 (C-3).
  • Futuro Space is currently working with World Design Capital San Diego-Tijuana to discuss strategies for the World Design Capital 2024 celebration events.
  • “The recent selection of San Diego as the World Design Capital adds an additional layer of importance to the activities at the Design Center and the launch of Futuro Space,” Slater said.

2023 YEAR-IN-REVIEW FOR SAN ANTONIO SHOWS GROUNDBREAKING PROGRESS IN EDUCATION, AIR TRAVEL, QUALITY OF LIFE AND MORE

Retrieved on: 
Tuesday, January 30, 2024

SAN ANTONIO, Jan. 30, 2024 /PRNewswire/ -- In 2023, the San Antonio Metropolitan Statistical Area (MSA) achieved historic firsts and reached impressive milestones across education, air travel, economic development and quality of life with recognition from third parties such as the Wall Street Journal, Bloomberg, PwC and Urban Land Institute, CityHealth, and others, with more progress to come, according to greater:SATX, the region's economic development organization.

Key Points: 
  • "San Antonio is at a critical point in our growth trajectory," said Jenna Saucedo-Herrera, president and CEO of greater:SATX.
  • Greater San Antonio continues to lead the nation in the number of first-generation college students graduating from area universities.
  • San Antonio International Airport secured its first nonstop trans-Atlantic flight – to Frankfurt with Condor Airlines .
  • We are working together to sustain a region that offers economic prosperity and a high quality of life for all residents and businesses."

Terri M. Lee Named New President and CEO of Atlanta Housing

Retrieved on: 
Wednesday, January 24, 2024

ATLANTA, Jan. 24, 2024 /PRNewswire/ -- The Atlanta Housing (AH) Board of Commissioners unanimously appointed Terri M. Lee as the agency's new president and CEO today, Wednesday, January 24. In this role, Lee will manage overall operations and establish strategic direction in alignment with the AH's mission to open doors to safe, quality affordable housing and create opportunities for economic mobility for Atlanta residents.  Lee will also support the acceleration of Mayor Andre Dickens' goal of building and preserving 20,000 units of affordable housing.

Key Points: 
  • ATLANTA, Jan. 24, 2024 /PRNewswire/ -- The Atlanta Housing (AH) Board of Commissioners unanimously appointed Terri M. Lee as the agency's new president and CEO today, Wednesday, January 24.
  • "On behalf of the AH board, we're excited to officially approve and welcome Terri Lee as our new president and CEO," said Larry Stewart, chairman of the Atlanta Housing Board of Commissioners.
  • As Chief Housing Officer for the City of Atlanta, Lee developed the One Atlanta Housing Affordability Action Plan to mobilize $1B from private, philanthropic, and public sources to create and preserve affordable housing.
  • As housing affordability continues to be a national issue, it will take innovative approaches and partnerships to make the progress Atlantans deserve," said President and CEO Terri Lee.

Title Resources Group Welcomes New Executive

Retrieved on: 
Tuesday, January 16, 2024

DALLAS, Jan. 16, 2024 /PRNewswire/ -- Title Resources Group (TRG), one of the nation's leading title insurance underwriters is pleased to welcome Jenny Isgett to the Executive Leadership team, reporting to Chief Executive Officer, Scott McCall.

Key Points: 
  • DALLAS, Jan. 16, 2024 /PRNewswire/ -- Title Resources Group (TRG), one of the nation's leading title insurance underwriters is pleased to welcome Jenny Isgett to the Executive Leadership team, reporting to Chief Executive Officer, Scott McCall.
  • Jenny is a proven leader in the Title Insurance industry and is well known to many of the largest Title Agents in the country."
  • said Title Resources Group Chief Executive Officer Scott McCall.
  • She is a Past President of the Palmetto Land Title Association and has served on various industry related boards including the Home Builders Association Legislative Committee and the Urban Land Institute Executive Committee.

Tom Kuhn joins Energy Impact Partner as Senior Advisor

Retrieved on: 
Tuesday, January 9, 2024

Energy Impact Partners (“EIP”), a global investment firm custom-built to invest in the energy transition, proudly welcomes utility industry veteran Tom Kuhn as a senior advisor.

Key Points: 
  • Energy Impact Partners (“EIP”), a global investment firm custom-built to invest in the energy transition, proudly welcomes utility industry veteran Tom Kuhn as a senior advisor.
  • In his role, Mr. Kuhn will provide senior business and strategic counsel to EIP’s 70+ strategic partners, 100+ portfolio companies and prospects to accelerate the pace of clean-energy innovation.
  • Throughout his notable career, Mr. Kuhn, former long-term President of Edison Electric Institute (“EEI”), played a pivotal role in advancing industry safety, leading clean energy transition efforts and promoting diversity, equity and inclusion across the industry.
  • Mr. Kuhn has served on the Electricity Subsector Coordinating Council, the Secretary of Energy's Advisory Board, the U.S. Chamber of Commerce Board, the Alliance to Save Energy Board and the United States Energy Association Board.