REAL ESTATE TECHNOLOGY
businesswire | January 11, 2021
Lyon Real Estate, the area's driving autonomous private land organization, has been obtained by Windermere Real Estate.
Lyon Real Estate has been an installation in the more prominent Sacramento locale for a very long time with 800+ specialists who produced over $2.86 billion in deals a year ago. Windermere Real Estate was established in 1972 in Seattle and is worked by second-age authority Geoff Wood, Jill Jacobi Wood, and OB Jacobi. The two organizations are individuals from the lofty Leading Real Estate Companies of the World® and Luxury Portfolio International® networks which is the way the heads of the two organizations initially met.
Under the conditions of the securing, Lyon Real Estate will keep on working under its name and brand and will keep up the current administration group, including president and head working official Pat Shea.
Lyon Real Estate specialists and their clients will profit by Windermere's improved showcasing assets, proficient turn of events, movement and reference administrations, just as an in-house boss financial expert.
“This new chapter for Lyon Real Estate is a perfect fit when taking into account our mutual values of superior customer satisfaction, and long-term relationships with our clients, agents, and community,” says Laura Lyon, former Chair of the Board and the daughter of William L. Lyon, the company’s founder. “The Jacobi-Wood family brings a new and highly engaged second generation of family leadership that is committed to growth and giving back.”
Shea describes this union as the blending of two accomplished and well-respected real estate brands. “We will each continue to maintain our own identity,” he says. “Our company and agents will have the absolute best of both worlds.”
Shea added that over the years, Lyon Real Estate has been approached by a number of suitors seeking a strategic growth opportunity. “This timing is right because Windermere is well suited to maintain the company’s legacy and grow it in the future,” said Shea. “The Lyon family’s first priority is that they leave the company they built and have run for the past 75 years in the best possible hands for the long term,” he added.
OB Jacobi, Windermere co-president states, “We’ve been looking for the right opportunity to grow our network in Northern California and chose Lyon Real Estate because of the strength of their brand, leadership team, and our aligned culture and values. We are fully committed to supporting this great agent network, as well as the admirable work of the Lyon Cares Foundation.”
About Lyon Real Estate
Lyon Real Estate is the leading independent real estate brokerage company in Greater Sacramento (Sacramento Business Journal). We are proud to be homegrown, privately owned, and internationally known. Lyon has served the area for over 75 years. Last year, the company closed a total of $2.86 billion in sales volume. Lyon Real Estate has over 800 agents in 17 offices located throughout the region. The company is a member of the Leading Real Estate Companies of the World®, the largest network of premier locally branded firms, as well as LeadingRE’s Luxury Portfolio International® program. In addition to its real estate services, Lyon Real Estate offers RELO Direct, a global relocation program. Since 2015, the Lyon Cares Foundation has contributed more than $780,000 to local non-profits.
About Windermere Real Estate
Windermere Real Estate is the largest regional real estate company in the Western U.S. with over 300 offices and 6,500 agents serving communities in Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, Oregon, Utah, Washington, and Mexico. Last year, Windermere closed 77,000 home sales for more than $36.7 billion in dollar volume. The Windermere family has a proud heritage of serving our neighbors via the Windermere Foundation which funds services for low-income and homeless families. Since 1989, the Windermere Foundation has contributed more than $42 million towards improving lives in the communities where we live and work.
prnewswire | November 09, 2020
This archive is arranged and given by CPG Financial Services Pty Ltd ACN 162 617 843; AFSL No. 436802 ("CPGFS"). Issues of Loan Notes will be made under a game plan between the backer of the Loan Notes, Centennial LN Pty Limited (ACN 645 494 177) ("the Issuer"), and CPGFS for the reasons for area 911A(2)(b) of the Corporations Act (Australia).
The Issuer declared today that it means to offer, subject to advertise and different conditions, an AUD$100 million total head senior made sure about advance note (Program) in a private situation. CPGFS, for the benefit of the Issuer, looks for articulations of premium from people who are qualified to gain Loan Notes (see "Qualification" underneath) and whose conventional business incorporates the purchasing and selling of or putting resources into obligation interests of a sort like the Loan Notes to partake in the Program.
CPGFS may, every once in a while, make recommendations to those Investors who have communicated a premium in partaking in the Program for the issuance of Loan Notes.
The Issuer will contribute the returns of calls to be made under the Loan Notes in contract made sure about land advances to Australian property speculators and engineers.
Key Features of the Program
An outline of certain critical highlights of the Program is set out underneath. This record doesn't indicate to be finished and is qualified completely by, and Investors should peruse the entire of, the private Information Memorandum, the applicable Supplementary Information Memorandum, the Loan Note Subscription Deed and the other Transaction Documents of the significant Series of Loan Notes to settle on an educated choice about whether to put resources into any Loan Notes.
About Centennial Property Group
The Issuer is managed by CPG Lending Pty Ltd, a wholly owned subsidiary of Centennial Property Group ("CPG"). CPG was established in 2012 as a private family office style property investment group specialising in actively managed property investments, developments and property-backed lending. Since that time it has undertaken transactions with a total value of $1.6 billion and has provided consistently compelling risk adjusted returns to its investors. However, potential investors should note that past performance is not a reliable indicator of future performance and should not be relied upon in making a decision to invest in Loan Notes.
The underlying loan portfolio will comprise loans for property investments and projects with similar characteristics to the property projects in which CPG has invested its Centennial Mortgage Opportunities Fund. The loans will typically be on less conservative lending terms than those offered by banks (constrained by Basel III and regulatory requirements) and thereby achieve an enhanced return for the Investors.
REAL ESTATE INVESTMENT
KBS | April 26, 2022
On April 25th, KBS, a premier commercial real estate investor in the U.S., announced the acquisition of the UBS Tower, a 605,000 square-foot premium office building in Nashville, Tennessee. The tower is a Class A property and is located at 315 Deaderick Street.
With a population quickly approaching two million, Nashville is a vital business, tourism, and transportation center. Nashville boasts a thriving economy that is predicted to see a3.9% growth in employment in 2022. This activity creates numerous office-using jobs and significantly increases the rental growth and demand in the market. Now was the opportune time for us to make this investment.”
Marc DeLuca, CEO and Eastern regional president at KBS
The UBS Tower was built in 1972 and is located in an ideal location in Nashville. It is a perfect retail and office space.
Allen Aldridge, senior vice president of acquisitions, dispositions, and co-director of asset management for KBS, commented, “There is strong ongoing demand for premier office space located within walking distance to downtown amenities, and UBS Tower is well positioned to benefit from significant tenant in-migration. The property offers unobstructed views of downtown, move-in ready full floor spec suites, and superior access to executive housing to the west and south via Charlotte Avenue.”
“We plan to make UBS Tower even better by adding in-demand features such as a coffee bar located in the lobby, bike room and shower, dog recreation area, and modernized façade. We also plan to add electric car charging stations and verify the building with UL Healthy Buildings since we are constantly looking for ways to incorporate eco-friendly property amenities that elevate the tenant experience while reducing our carbon footprint,” Albridge stated further.