Berkshire Hathaway HomeServices Begins Franchise Operations in Canada as Blue Elephant Realty Joins Globally Acclaimed Brokerage Network

Business Wire | February 26, 2020

Berkshire Hathaway HomeServices, one of the fastest-growing real estate brokerage franchise networks, with more than 50,000 agents, nearly 1,500 offices throughout the U.S., Europe and the Middle East, and more than $114 billion in real estate sales volume, today began operating in Canada, as Toronto-based Blue Elephant Realty joined the globally acclaimed brokerage network. Blue Elephant will begin operating as Berkshire Hathaway HomeServices Toronto Living Realty next month Blue Elephant Realty, founded in 2015 by Blair Johnson and Mark Wadden, has more than 100 innovative real estate professionals and has rapidly evolved into one of Toronto’s most sought after and respected luxury residential real estate firms.

Spotlight

Retailers will experience a strong omni-channel Christmas this year, and the number of new stores being opened by existing retailers and new entrants to the UK market is likely to rise in 2016.

Spotlight

Retailers will experience a strong omni-channel Christmas this year, and the number of new stores being opened by existing retailers and new entrants to the UK market is likely to rise in 2016.

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MG Properties Group Acquires Martinez Multifamily Community

MG Properties Group | November 24, 2021

MG Properties Group, a private San Diego-based real estate investor and operator, is further expanding its presence in the Bay Area, today announcing the acquisition of Maris at Martinez, formerly known as Terra Martinez. Located in the East Bay hills, this 168-unit community offers an ideal location off State Route 4, connecting it to endless shopping, dining, and recreation options. The increasingly strengthened hybrid work environment allows Martinez to flourish as a viable option for Bay Area commuters. "We are pleased to be further growing our long-term presence in the Bay Area, This is a market that has strong opportunity due to its economic growth, affordability, and convenience." - Mark Gleiberman, MG Properties Group's Founder & CEO. This class "B" property was constructed in 1985 and has continued to be an increasingly popular destination for Bay Area residents to call home. The sellers were represented by Salvatore Saglimbeni, Stanford Jones, Philip Saglimbeni, and Alexander Tartaglia from Institutional Property Advisors. Mortgage financing for the acquisition was provided by institutional investors advised by JP Morgan Asset Management and arranged by Bryan Frazier, Andrew Schoene and Blake Hockenbury at Walker & Dunlop. Rebranded as Maris at Martinez, this community is the 19th acquisition in the last year for the company overall – totaling over $1.6 billion in combined value. MG Properties is continuing to target further acquisitions in Washington, Oregon, California, Arizona, Nevada, Utah, Colorado, and Texas.  About MG Properties Group MG Properties Group is a privately owned, fully integrated real estate company specializing in the investment, redevelopment, and management of multi-family assets. Headquartered in San Diego, California, MG was founded in 1992 by Mark Gleiberman with the mission to enrich communities. MG's current portfolio is comprised of over 23,000 rental homes in California, Washington, Arizona, Nevada, Colorado, and Oregon, including 79 communities.

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REAL ESTATE INVESTMENT

ABS Announces integration with Lightning Docs™, Geraci LLP's National Loan Document Solution

Lightning DocsTM | November 11, 2021

Applied Business Software™ ("ABS"), makers of The Mortgage Office®, leader in loan servicing and fund management software, announced today the launch of an integration with Lightning Docs™, a proprietary cloud based national loan document generation system, developed by Geraci LLP, the nationwide leader in business purpose loan documents for the private lending industry. "The Mortgage Office® is a well-known and respected leader in the loan origination software space. Their 40+ year track record speaks for itself. We are honored they have chosen to partner with Geraci LLP to integrate with our Lightning Docs™ loan document generation system and we look forward to providing our mutual clients the most advanced technology in the private lending space allowing lenders to originate loans nationwide with peace of mind." - Nema Daghbandan, Esq., Partner with Geraci LLP "We are thrilled about this integration with Lighting Docs™ by Geraci LLP. We have had a long-standing relationship and a mutual respect throughout the years." He added: "This development is consistent with our vision of integrations, and the continued pursuit to provide our customers tools that simplify, enhance, and automate their entire lending operation." - Carlos Nodarse, CEO of Applied Business Software About Applied Business Software Applied Business Software is a market leader and global provider of software systems and solutions to the lending industry. ABS offers a complete suite of software products designed from the ground up to specifically address the needs of those who originate and service loans. All our products are consistently rated superior in design, system interface, expandability, and ease of use. ABS is based in Long Beach, California. About Lightning DocsTM: Lightning Docs™ is a proprietary cloud-based loan document generation system developed in-house by the attorneys and partners at Geraci LLP. Lightning Docs permits its clients to generate business purpose loan documents nationwide at the click of a button. The system will generate any business purpose loan documents including bridge, fix and flip, ground up construction, DSCR rental, portfolio rental, etc. The documents have been used for numerous rated and unrated securitizations and are considered the industry standard for the private lending industry.

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REAL ESTATE TECHNOLOGY

Hilco Redevelopment Partners Hires Professional George Needs as Vice President-Mixed Use Development Real Estate Industry

prnewswire | November 05, 2020

Hilco Redevelopment Partners (HRP), the real estate development unit of Hilco Global that remediates and redevelops complex and obsolete industrial properties, announced today it has hired George Needs to the position of Vice President – Mixed Use Development. Mr. Needs joins the growing HRP organization and will be a vital addition to the new urban mixed-use development team. Mr. Needs will join Melissa Schrock, who was recently brought on to lead the team, and together, they will be responsible for managing several exciting projects currently underway, including L Street Station in Boston, Massachusetts and Campus Bay in San Francisco, California, among other significant projects throughout the country. He will be based on Boston, MA.

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