MAITLAND – Brookwood Financial Partners, LLC, a leading real estate investment and asset management company, acquired Maitland 200, a 204,237sf Class A multitenant office building in the Maitland submarket of Orlando.
The property, which sits on a 24.2-acre lakefront parcel and which was originally constructed in 1984, consists of two connected four-story structures with 879 surface parking spaces. The building is 95.7% leased and boasts a mix of government, publicly-traded and investment-grade tenants, including Camp Dresser McKee, Digital Risk, LLC, the Florida Department of Revenue, ADP TotalSource and Penn Mutual Life Insurance Company.
Maitland 200 is located less than one mile from the intersection of I-4.
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Tags: Maitland 200, Office
Fixed mortgage rates rose this week by the most in four months.
The average rate on the 30-year loan increased to 4.6 percent, up from 4.51 percent a week ago, Freddie Mac said Thursday. It hit its lowest level of the year three weeks ago, at 4.49 percent.
The average rate on the 15-year fixed mortgage, a popular refinancing option, rose to 3.75 percent. It reached its low point of the year two weeks ago, at 3.67 percent.
Rates typically track the yield on the 10-year Treasury note. And mortgage rates could rise further now that the Federal Reserve’s $600 billion bond buying program has ended.
Tags: Fixed, Fixed Rises
State of the National Housing Market: Questions, Confusion and Low-Confidence
Whither housing in 2011? While the year began with optimism from some quarters, sales activity in the first half of the year continues to show only anemic growth, and home prices are either falling or stalling across most of the country. A report from Harvard University’s Joint Center for Housing Studies looks at the state of the nation’s housing in 2011, and outlines the convergence of factors that are hindering housing’s recovery.
It comes as no surprise that the report’s summation on the state of housing is a mixed-bag of confidence issues, real financial difficulties, and demographic challenges. Potenti
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Tags: Confusion, Housing Market, National Housing, National Housing Market
There is an opportunity to open up the front area to accommodate a nice outdoors feature garden area where people may drop in for a coffee, a sandwich or cold drink . This area could be used for functions.
The opportunity to purchase the Tavern Business and real estate with little development could see this Tavern bubble along nicely.
If you are looking for a hospitality business located on the plains of Manawatu then this property is certainly is worth taking a look at.
Ross Larsen of TourismProperties.com is the highly experienced Business Broker acting on behalf of the Vendors and welcomes your questions. Ross
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UK news website, Newspanel, reports that Arsenal French starlet Samir Nasri will be heading to Manchester United in a deal worth 20–25 million pounds.
Newspanel confirms the rumors that Manchester United placed a bid for Nasri around 2 weeks ago.
Initially, United inquired about Nasri when the French ace publically stated his desire to leave Arsenal.
It was widely claimed that Nasri wanted to join United a few days after he publicized his wish to leave Arsenal after two seasons. This prompted United to make their move for the player. <
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Tags: Manchester United, Samir Nasri, United