THO Snags Five PRSA Awards

The firm received one PRism award and four awards of excellence from the PRSA  TORRANCE, Calif. - Nov 30, 2010 – The Hoyt Organization, a full-service public relations agency based in the South Bay, received one Prism award and four awards of excellence from the Public Relations Society of America, Los Angeles chapter (PRSA-LA). The agency, which specializes in representing national real estate and professional services firms, was honored for feature article writing on behalf of RTKL Associates Inc., excellence in its ongoing public relations program for Lee & Associates, as well as the firm’s corporate newsletter, digital...

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Gumbiner Savett's VP on Distressed Assets

Real Estate Tax Planning for 2010: Dealing with Distressed AssetsBy David Thaw, Vice President, Gumbiner Savett Inc. With the continued downturn in the real estate markets, the one topic that many will wrestle with at this time of year is their year-end tax strategy: What do we do with these distressed assets? There are a number of options when it comes to dealing with non-performing assets, and much of it depends on the status of the property. The loan may be heading for default or the owner may have already completed a workout with the lender. No matter what the action, it is prudent to consider the tax consequences to ensure that your choice...

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Nadel's Greg Lyon Speaks at ICSC

SAN DIEGO, Calif.-Tenants are warming up to urban areas and are starting to expand again despite the recession. The main reason, says Greg Lyon a design principal at architecture firm Nadel, speaking here at the recent International Council of Shopping Centers conference. He also tells us why the mall isn't dead. View the full video h...

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Charles Dunn Welcomes Chris Atkinson

Chris Atkinson, a 21-year veteran in commercial real estate, was named President of Brokerage at Charles Dunn Company, one of the largest full service regional real estate companies on the West Coast. Atkinson’s arrival comes at a time when the 89-year-old Los Angeles-based firm is in the process of advancing new company-wide initiatives including the recent post of Chris Cooper as CEO and an upcoming move from its current West Los Angeles office to a new location in Century City. “Chris brings tremendous passion to his work in the brokerage arena,” said Cooper. ‘He’s got an instinctive ability to build cohesive and meaningful integrated service...

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Herb Nadel: Rough Sailing

Herb Nadel is one of the most prominent architects in Los Angeles County. During his five-decade career, he has designed well-known projects ranging from the Westwood Center office building to the LAX Gateway public art project – that’s those light towers – to downtown L.A.’s Union Rescue Mission. But Nadel, 70, had anything but a traditional path to success. He was a miserable student whose parents took little interest in academics. It was only a fateful turn in the Coast Guard after failing out of Santa Monica City College that launched him toward success. In the maritime service, he weathered extreme anti-Semitism that put his life in danger,...

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Lee & Associates San Diego North Appoints President

Real estate veteran Howard brings extensive career background and vast industry knowledge SAN DIEGO, Calif.—August 17, 2010—David E. Howard, a 25-year commercial real estate veteran, has been named president of Lee & Associates’ San Diego North office. Howard, who joined Lee in 2005, is a founding principal of Lee’s national accounts group, which today represents name brand national office and industrial clients throughout the country. In Mr. Howard’s new role he will be responsible for all management activities such as brokerage operations, sales support, information technology and ancillary services. “While the San Diego real estate market...

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Lee & Associates Opens Office in Atlanta

Atlanta will give the national real estate brokerage firm its first Southeast locationATLANTA—August 16, 2010—Lee & Associates, one of the largest commercial real estate services firms in the country, has made a key strategic move in its national expansion plan through a merger with one of Atlanta’s most respected real estate service firms headed by Richard Bryant, Bryant Commercial Real Estate Partners, whose offices are located at 3500 Lenox Road, NE., Suite 200 in Atlanta. “Atlanta is a major accomplishment in Lee’s overall business plan, which sets a major emphasis on their expansion eastward. Metro Atlanta comprises 28 counties and...

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2Q Survey Finds Private Real Estate Investors Still Optimistic

Lee & Associates’ Investment Services Group conducts its second quarter national pollLOS ANGELES—July 15, 2010—In a second quarter survey by Lee & Associates’ Investment Services Group, the Los Angeles-based brokerage firm invited thousands of its clients nationwide to complete a short online survey consisting of eight key questions facing private real estate investors. The respondents included high-net-worth individuals, partnerships and other groups specializing in commercial real estate deals valued in the range of $2 million to $20 million. Mark Larson, vice chairman of the ISG and who specializes in land, investment and consulting brokerage, spearheaded the survey. “While there does seem to be some thawing on the investor front, which seems to be evident with Lee offices reporting...

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Mountain Real Estate Capital Attempts Real Estate Alchemy

Mountain Real Estate Capital (MREC) closed its second joint venture equity investment in the last two months, along with a major REO purchase from an Atlanta bank. It is working with homebuilders to rejuvenate these distressed assets into new revenue streams.At the end of June, MREC acquired a Cedar Bay subdivision in north Jacksonville, Fla., to go with another set of properties called Heron’s Walk. The $4m investment venture with GreenPointe Communities in Florida, a residential real estate developer, includes 187 home sites with prices ranging from $175,000 to $275,000. Under the joint venture, MREC and GreenPointe plan to construct 78 homes at Cedar Bay and sell the remaining homes at Heron’s Walk to homebuilders.View the full article her...

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RTKL-masterplanned L.A. LIVE Receives Award

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AIA Bestows Honor Award to Nadel Architects Inc.

SAN FRANCISCO, Calif.—June 22, 2010—The American Institute of Architects San Francisco Chapter (AIA) recognized Nadel Architects with the Historic Preservation and Innovation in Rehabilitation HONOR Award for the company’s revitalization design work on The Richmond Civic Center. This is a new category introduced at the 2010 AIA San Francisco Design Awards and the first time this award has ever been presented. “The scope of the design is arguably the most significant historic rehabilitation of any civic project in California in decades,” said Michael Walden, design director, Nadel Architects. “The revitalization has significantly restored the central business district by bringing critical city administrative functions back to downtown Richmond and introducing sustainable components to the...

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McCarthy & Heery Int'l Featured in REBisnow

In today's Real Estate Bisnow e-blast, McCarthy's 31,000-square-foot, $20 million South Health Center design-build was covered during last Friday's site groundbreaking at LA County's Martin Luther King Jr.'s hospital. In addition, Dick Jones of Heery International was also featured and quoted in a blurb about his construction work at Moorpark College's teaching zoo. Click here to view the full artic...

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Chris Cooper is Named CEO of Charles Dunn Company

The real estate veteran is tapped to provide strategic leadership  LOS ANGELES—June 7, 2010—Chris Cooper, a 24-year real estate industry veteran, has been selected to serve as CEO of Charles Dunn Company, one of the largest full service regional real estate companies on the West Coast.  Formerly the senior managing director and western U.S. area leader for Cushman & Wakefield of California, Inc., in his new position, Cooper, 50, will be responsible for providing operational and strategic leadership for both property management and brokerage divisions in the firm’s nine offices in California, and one in Phoenix. Walter Conn, who formerly held the position of CEO, will remain as Chairman of the firm. “The move to bring Cooper to Charles Dunn provides the leadership to further...

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THO Wins Three Hermes Creative Awards

Distinctions include platinum and gold awards of excellenceTORRANCE, Calif.—May 26, 2010—The Hoyt Organization, a full-service public relations agency based in the greater Los Angeles area, has been named the recipient of three prestigious awards in the Hermes Creative Awards 2010 competition administered and judged by the Association of Marketing and Communication Professionals (AMCP).  The agency, which specializes in representing national real estate and professional services firms, was honored with three awards; a platinum award in the publications category for feature article writing on behalf of RTKL Associates Inc, a gold award in the newspaper category for Charles Dunn Company media placements and an honorable mention in the magazine category for an editorial piece headlining...

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