Real Estate Wire/Green Trends News Wire

  ST. AUGUSTINE – The St. Johns Housing Partnership (SJHP), helping people live safer, healthier and independently with dignity, is one of the local nonprofits looking to benefit from this week’s Giving Day, May 7-8. Giving Day 2025 is a 24-hour online giving event designed to empower every person to give back to their community by supporting local nonprofits and the causes they care about. Affordable, safe housing is an ongoing challenge for many in North Florida. Founded in 1998, the St. Johns Housing Partnership is committed to developing and preserving quality housing while providing support for residents with low and moderate incomes, the elderly, disabled and Veterans. SJHP is striving to redefine affordable housing by advocating for those with low incomes, the elderly, disabled and Veterans severely impacted by the absence of affordable housing or can’t afford to repair their home to make it livable and healthy. SJHP works tirelessly to ensure every person has a safe, clean...

  Andrew Cresimore GREENSBORO, N.C. – Presidia Asset Management, a full-service real estate firm offering brokerage, property management, and consulting services, has announced that industry veteran Andrew Cresimore has joined the firm as Director of Business Development, and Investor Relations. Presidia has been helping investors create wealth through commercial real estate since 2009 with a tradition of innovative solutions, attentive customer care and collaboration, and first-class quality to ensure success and maximize value for clients, owners, partners, and residents. “We welcome Andrew to Presidia Asser Management. He brings over 20 years of solid, real estate management experience in the multifamily industry with multiple asset types,” said Presidia Asset Management, LLC President Gina Hensley, RPA, CPM, CCIM. “I am energized for this opportunity at Presidia. Over the past 22 years, I have enjoyed working across many disciplines in my career,” noted Cresimore. “I beli...

By Mike Bonts, Editor T ALLAHASSEE/ST. PETERSBURG, Fla. -  The Florida Green Building Coalition (FGBC) and Florida Housing Coalition (FHC) have formed a new partnership to accelerate the development of sustainable, green-certified affordable housing. The non-profit organizations announced their initiative at the Florida Housing Coalition’s 37th Annual Statewide Affordable Housing Conference held in Orlando. The initiative will support wide-spread adoption of green building practices in affordable housing rehabilitation programs and green-certified new construction. Combining expertise, FGBC and FHC will work together to develop resources and support implementation of FGBC’s green building standards to Florida’s affordable housing stock. “We are excited about this partnership. FGBC has been a supporter of FHC’s important mission. Together, we can ensure certified green affordable housing provides tangible benefits for residents, builders, developers and communities,” said FGBC Execu...

REAL ESTATE WIRE FEATURE BOSTON-- -Perigold, the luxury retailer serving as the destination for the world’s best home brands, is excited to announce plans for retail stores with its first-ever confirmed storefront in CityPlace, West Palm Beach’s most visited destination with curated open-air shopping, dining, art and events in the heart of downtown.  This new venture marks a significant milestone in the brand’s ambitious expansion plan to build a brick and mortar presence in key markets, and create a real-world experience for their customers to be able to discover and interact with their products in a meaningful way. “Perigold is the destination for luxury home. Prior to our launch in 2017, consumers in particular had limited access to the best in home design. No retailer was offering the breadth of categories, styles, and designer-loved brands that we have, all in one place” A Vision for the Future of Luxury Shopping Perigold is set to launch a series of retail stores in 2025, con...

  By Mike Bonts, Editor BEACHWOOD, Ohio - -SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities,  provided an update on second quarter 2024 transaction and financing activity in connection with presentations at NAREIT’s REITweek Investor Conference. "SITE Centers has closed on the sale of two properties in the second quarter to date for an aggregate gross sale price of $50.2 million bringing total dispositions since June 30, 2023 to $1.0 billion. In addition to completed sales to date, the Company has executed contracts to sell $649.6 million of assets where the general due diligence period has expired with an additional $1.2 billion of assets with executed contracts which remain subject to the completion of buyer’s due diligence or nonbinding letters of intent.  Overall pricing levels for the completed and expected 2024 asset sales demonstrate the quality of the SITE Centers portfolio and are consistent wit...

  By Mike Bonts, Editor NEW YORK-  ShopOne Centers REIT Inc . (“ShopOne”), together with its joint venture partners Pantheon and a leading global institutional investor, today announced the acquisition of two grocery-anchored shopping centers in Florida: Midway Plaza in Miami-Fort Lauderdale and Lithia Square in Tampa.  The properties were acquired in two independent transactions, and bring the number of grocery-anchored, necessity-based shopping centers in the JV’s Florida portfolio to four. The 218,400 square-foot, 84% occupied Midway Plaza is anchored by Publix and is located in Tamarac, Broward County’s third most populous community. The center serves a densely populated trade area with an estimated 85,000 and 187,000 people residing within a two- and three-mile radius, respectively. Midway Plaza will also benefit from its proximity to multiple new residential developments, including over 1,600 units planned or under construction. The property’s anchor tenants – Publi...