Archive for the ‘Real Estate’ Category

Biggest Baby Boom in Canada Delivers Big Opportunities for Both International Retailers & Edmonton Real Estate Professionals

Wednesday, July 31st, 2013


Edmonton, AB (PRWEB) July 29, 2013

Earlier this month the Calgary Herald reported on the success of the retail sector in Alberta and how it could be attributed to the Province laying claim to both the highest birth rate in Canada and overall population growth. The retail segment that is seeing a large part of the benefit is the one that caters to children, a trend that is clearly correlated to the continuing birth rate. One notable addition to the 2013 retail landscape in Edmonton is the St. Louis based Build-a-Bear Workshop’s new concept store. The Edmonton Journal provided a quote from Dave Finnegan of Build-a-Bear that is a succinct assessment of the general retailer consensus on the city Edmonton is a family-centric area that has strong matches with our core demographic, primarily families with children as well as grandparents, aunts and uncles. Another industry has picked up on this assessment of the demographic statistics – real estate. Local Edmonton real estate group Team Love of http://www.EdmontonProperties.net, is reacting not simply to “cash in”, but to accommodate the young families in their beloved city.

Team Love is comprised of brother and sister team leaders Jay and Shari Love. While family values have always played an integral part in the way they and Edmonton Properties conducts business, there have not always been primarily focused on family homes. Commercial real estate and downtown condo units have been a successful segment for the team in the past but after recognizing that their services may be better spent working with the ever growing young family demographic, Edmonton Properties began to shift gears in 2013. When the year’s statistics began to back up their new plan Edmonton Properties launched a new website that was more family friendly. Now with the news that major retailers, multi-million dollar corporations, are making strategic decisions to set up shop in Edmonton, Team Love decided they had to do more. To account for the high birth rate and the continued population growth that is peppered by growing incomes in the energy sector, Edmonton Properties is increasing focus on single family detached homes and has expanded its reach to include popular family communities Spruce Grove and Stoney Plain in their Edmonton real estate listings. In addition, Edmonton Properties has been quick to communicate news about the Alberta baby boom and how Edmonton is one of the most welcoming regions to accommodate the growth within their on-site blog and social networks.

Shari Love of Edmonton Properties comments, “As a brother and sister team ourselves we tend to pick up a lot of inquiries from families seeking their very first detached home. From a strategic standpoint we of course had to make recent decisions that would allow us to help fill this increasing demand. But to be honest it’s more about finding these families, often couples where the wife has a precious baby bump, the perfect home where their children will grow up in. There’s no greater reward than that. It’s great to be a part of a successful community that is fueled by a high birth rate and an economy to back it up.”

ABOUT Edmonton Properties

Team Love is a team of Edmonton REALTORS

Gencom & Invesco Partner to Acquire The Ritz-Carlton, Fort Lauderdale, Florida

Wednesday, July 31st, 2013

Miami, Florida (PRWEB) July 24, 2013

Affiliates of Gencom and Invesco Ltd. have partnered to complete the acquisition of The Ritz-Carlton Fort Lauderdale, today announced Gary Lake, EVP of Gencom.

The Ritz-Carlton Fort Lauderdale is a waterfront property located on Fort Lauderdale Beach Boulevard and consists of 166 hotel keys and 34 condo-hotel units. The property includes 4 food and beverage outlets, a Spa and Fitness Center, and 25,000 square feet of meeting space. Built in 2007 as a St. Regis branded resort, the resort was converted to a Ritz-Carlton in 2008.

Gencom, an owner and operator of other Ritz-Carlton hotels, will assume asset management responsibilities at the resort. Invesco Ltd. made their investment through Invesco Mortgage Recovery Fund, a fund co-managed by Invesco Real Estate, Invesco Fixed Income, and WL Ross & Co. LLC.

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About Gencom

Founded in 1987 by Karim Alibhai, Gencom is a leading domestic and international investment and development firm specializing in the hospitality and residential real estate sectors. By aligning itself with prominent investors and institutional relationships, Gencom has maintained a strong market position with both luxury and mixed-use hotels and resorts with significant residential components, and in other hospitality-related investments that include both portfolios and single assets. The firm continues to opportunistically grow its portfolio holdings in key resort and urban markets in the United States, Canada, Mexico, Caribbean and Europe. Gencom is headquartered in Miami.

About Invesco Ltd.

Invesco is a leading independent global investment firm, dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our retail, institutional and high net worth clients around the world. Operating in more than 20 countries, the company is listed on the New York Stock Exchange under the symbol IVZ.

About Invesco Real Estate

Established in 1983, Invesco Real Estate manages $ 52.1 billion of real estate investments, which includes $ 30 billion in direct real estate portfolios and $ 22.1 billion in real estate securities (as of March 31, 2013). With more than 340 employees in 18 offices worldwide, the group focuses on top-down market and property type fundamentals combined with bottom-up local market intelligence. Senior members of the management team have worked together for more than 25 years, contributing to the consistent implementation of Invesco’s investment strategy and resulting performance.

About WL Ross & Co.

WL Ross is an investment affiliate of Invesco Ltd. Led by renowned investor Wilbur Ross, Jr., WL Ross’ investment team has accomplished more than $ 300 billion of workouts around the world over the last 30 years. WL Ross has sponsored and managed more than $ 10 billion of equity investments in distressed securities. Visit http://www.wlross.com.

About Invesco Fixed Income

Invesco Fixed Income manages more than $ 230 billion in fixed income assets (as of March 31, 2013). With more than 150 investment professionals, the group offers a complete range of global and domestic asset classes, from cash to alternative fixed income, that seek to outperform through a variety of market conditions. Its investment vehicle options include separate accounts, mutual funds, collective trust funds and exchange-traded funds.







Related Real Estate Group Press Releases

Unified Color Technologies Announces Major Upgrade with 3rd Generation Professional HDR Applications Including Ability to Merge Multi-Frame Handheld HDR Exposure Brackets

Tuesday, July 30th, 2013


Belmont, CA (PRWEB) July 24, 2013

Unified Color Technologies, the experts in high dynamic range imaging (HDR), today announced the latest upgrades to its professional-level HDR software lineup. These upgrades improve the HDR workflow and significantly reduce the traditional limitations of HDR techniques, and most notably eliminate the need to photograph static scenes and the absolute necessity of a tripod to steady HDR exposures. New state of the art merge, alignment and deghosting algorithms have made the standalone HDR Expose 3 the most powerful and intuitive professional HDR application available. With its comprehensive, 32-bit color editing capabilities, also available in the Photoshop

REALTORS® in Action: Fixing SB 41

Tuesday, July 30th, 2013

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MarilynHorner*Top*Seller*(Albuquerque Realtors)

Monday, July 29th, 2013

MarilynHorner*Top*Seller*(Albuquerque Realtors)

More info: http://MarilynHorner.com or (505) 918-7311 ask for Marilyn Horner Top Realtor: Albuquerque/Rio Rancho MarilynHorner*Top*Seller*(Albuquerque Realto…
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