National Real Estate Development Group Announces New Partner And Chief Operating Officer

prnewswire | September 10, 2020

Biloxi, Mississippi-based commercial real estate development company, COMVEST Properties LLC/LifeCare Properties LLC, announces a powerhouse name in senior living to their leadership team. Jeremy Cole joins the company as Managing Partner and Chief Operations Officer. COMVEST/LifeCare Properties (LCP) is headquartered in Biloxi on the Mississippi Gulf Coast. COMVEST, through its wholly owned affiliate LifeCare Properties LLC, is a multi-generational and diverse commercial real estate development company that is currently focusing on luxury senior living communities that feature assisted living and memory care.

Spotlight

Home contingencies can make all the difference in a real estate transaction. A contingency means the seller has accepted an offer on the property, but success of the sale may still depend on certain clauses.

Spotlight

Home contingencies can make all the difference in a real estate transaction. A contingency means the seller has accepted an offer on the property, but success of the sale may still depend on certain clauses.

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REAL ESTATE TECHNOLOGY

Berkshire Hathaway HomeServices Toronto Realty adds to its leadership team Heather Hadden

businesswire | December 22, 2020

Berkshire Hathaway HomeServices Toronto Realty, a land financier intended for the present market and the group that carried Berkshire Hathaway HomeServices to Canada, is satisfied to report the expansion of Heather Hadden to its authority group. Heather and the Hadden Homes Team have joined Berkshire Hathaway HomeServices Toronto Realty viable Thursday, December 17, 2020, and will source office space to dispatch a Berkshire Hathaway HomeServices Toronto Realty office in a midtown area by Spring of 2021. “Our goal has been to grow our leadership team with a focus on creating a motivational culture for our realtors,” said Mark Wadden, Co-Founder and CEO of Berkshire Hathaway HomeServices Toronto and West Realty. “Industry experts like Heather excel in every aspect of their business all while maintaining integrity and commitments to their clients. I am very excited to have Heather continue to grow her team under the Berkshire Hathaway HomeServices network and provide support and leadership to our Realtors.” Heather Hadden has driven a noteworthy direction all through her profession and has withdrawn Chestnut Park Realty in the number two recognize this (year to date). Hadden keeps on driving the city as one of the most elevated netting Realtors in the Greater Toronto Area, with different back to back a long time in the top 0.1% on the Toronto Real Estate Board positioning of Realtors. “I have worked with a few different top-level brokerages across Toronto during my career but never have I seen a brokerage as innovative and supportive as that of Berkshire Hathaway HomeServices Toronto Realty,” said Heather Hadden. “The leadership’s vision and execution of what a brokerage should be are impressive, to say the least, and I have never seen such a commitment to continuous improvement. I know this is where my team will call home moving forward and throughout our career.” “Heather is one of the most decorated and respected agents in Toronto amongst her colleagues, with years of being a top performer,” said David Binns, Partner and VP of Professional Development. "The entire team at Berkshire Hathaway HomeServices Toronto Realty is elated to have Heather in the network and cannot wait to see what she does for the brokerage in 2021.” “Both Mark and Blair have created an exciting and innovative formula to rapidly expand across the Ontario region," said Michael Jalbert, EVP of Global Business Development, Berkshire Hathaway HomeServices. “Their plan creates unique opportunities for top realtors to be part of something bigger in their career. They have already built one of the most respected leadership teams in the industry and I am sure this is just the start.” Chris Stuart, CEO of Berkshire Hathaway HomeServices, applauded the addition. “This is a great move for both Berkshire Hathaway HomeServices Toronto Realty and Heather,” he said. “Heather is a skilled and experienced leader who is also a terrific mentor – guiding and inspiring real estate professionals. As important, her team is talented, dedicated and ready to serve the region.” About Berkshire Hathaway HomeServices Toronto Realty Founded in 2015, Berkshire Hathaway HomeServices Toronto Realty provides the most innovative and valuable services in the industry both for their clients as well as their Realtors. With a rapidly expanding team and the addition of Berkshire Hathaway HomeServices West Realty, the company has more than 120 real estate professionals and has earned a reputation for leveraging cutting-edge technology and modern marketing to provide the most valuable customer experience in real estate. Currently, the company services the Greater Toronto Area and has growth plans spanning most of Southern Ontario.

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REAL ESTATE INVESTMENT

Township Capital and Lloyd Jones Acquire Senior Living Community in Lincoln, Nebraska

Township Capital | March 03, 2022

Township Capital and Lloyd Jones announce the acquisition of Woodlands at Hillcrest; an 89-unit, 93-bed assisted living and memory care community located in Lincoln, NE. This marks the first partnership between Township Capital and Lloyd Jones."We are proud to be a part of this new partnership with Lloyd Jones, Senior living continues to be a core sector for Township, with a growing senior population, the need for senior housing will continue to be a necessity." Matthew Gorelik, CEO at Township Capital. About Woodlands at Hillcrest Woodlands at Hillcrest is the newest senior living community in Lincoln, opening its doors in 2018. The community offers modern luxury services to residents including transportation, a variety of classes and wellness programs, personal housekeeping, laundry and linen services and state-of-the-art amenities. The Lincoln market has seen high absorption, proven by Woodlands currently occupation of 94%. About Township Capital, LLC Township Capital, LLC is a leading co-GP real estate investment firm headquartered in Beverly Hills, CA. Founded by CEO Matthew Gorelik in 2014, the firm has experience investing across all major property types with a specialty in student housing, senior living, multifamily, and industrial. About Lloyd Jones Lloyd Jones LLC is a real estate investment firm with 40 years in the industry under the continuous direction of Chairman/CEO, Christopher Finlay. Based in Miami, the firm specializes in multifamily and senior housing investment, development, and management. It has recently added a hotel acquisition division. Investment partners include private and institutional investors and family offices around the world.

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GP Strategies Decreases Real Estate Expenses as they Make a Permanent Shift to Increased Remote Work

prnewswire | October 14, 2020

Global workforce transformation solutions provider GP Strategies Corporation reported today it has entered into an amendment to the lease for its headquarters facility in Columbia, Maryland that, effective January 1, 2021, will reduce its space by approximately 22,000 square feet and reduce its rental expense for this office by approximately $750,000 per year. This amendment is part of a global reevaluation of real estate needs, which has resulted in strategic decisions on lease consolidations and office closures over the past year. These actions are expected to result in approximately $2.0M of annual savings in facility expenses for the Company in 2021 compared to 2020.

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