Archive for the ‘Real Estate’ Category

Sotheby’s International Realty Brand Expands Presence in Dominican Republic

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MADISON, New Jersey, Feb. 23, 2017 /PRNewswire-HISPANIC PR WIRE/ – Sotheby’s International Realty Affiliates LLC today announced that Sergio Llach Luxury Dominican Properties in eastern Dominican Republic is the newest member of its network and will now operate as Sergio Llach Sotheby’s International Realty.

SOTHEBY%27S_INTERNATIONAL_REALTY_LOGO

Sergio Llach is the owner and operator of the boutique firm established in 2002 that serves the luxury residential real estate markets of La Romana, Punta Cana, Santo Domingo and Dominican Republic.

“Known for its beaches, resorts and golf courses, the Dominican Republic is an ideal second-home location,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC.  “Sergio Llach and his knowledgeable team have a profound understanding of the luxury consumer in the Dominican Republic and we are proud to welcome them to our global network.”

“Providing excellent client service is how we measure our success,” said Llach.  “The wealth of opportunities provided by the Sotheby’s International Realty® brand will allow us to serve our clients at the highest level of quality and we are proud to be a member of the Sotheby’s International Realty network.”

The Sotheby’s International Realty brand also has an affiliate in northern Dominican Republic, Holden Sotheby’s International Realty.  The two brokerage companies plan to work cooperatively to best serve clientele around the island.

The Sotheby’s International Realty network currently has more than 20,000 affiliated independent sales associates located in approximately 850 offices in 65 countries and territories worldwide.  Sergio Llach Sotheby’s International Realty listings will be marketed on the sothebysrealty.com global website.  In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs.  Each office is independently owned and operated.

About Sotheby’s International Realty Affiliates LLC
Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby’s International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. Sotheby’s International Realty Affiliates LLC is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. In February 2004, Realogy entered into a long-term strategic alliance with Sotheby’s, the operator of the auction house.  The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby’s International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit www.sothebysrealty.com.

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Renaissance At Shorelands Shines Bright At Real Estate Awards

renaissance.shorelands-trinidad

CaribPR Wire, PORT OF SPAIN, TRINIDAD AND TOBAGO, Tues. Jan. 17, 2017: The uncompromising luxury and unique contemporary design of the Renaissance at Shorelands have won recognition with two major awards. Renowned architects, Fullerton Diaz in Miami, recently won Architect of the Year for their work at the 2016 Trinidad Real Estate Awards. They were joined on the podium by celebrated designer Brian MacFarlane for his exceptional Interior Design of the one of a kind Platinum Penthouse.

The Trinidad Real Estate Awards show, dubbed “An Evening of Real Estate Elegance,” was held at Queen’s Hall, Port-of-Spain.   The second annual event celebrated the achievements of the best and brightest real estate agents, mortgage brokers, interior designers, architects, and contractors.

The Renaissance at Shorelands debuted a high end video showcasing the sky-high residences each boasting their own uninterrupted view of the Gulf of Paria. The Renaissance at Shorelands lifestyle concept was also highlighted, featuring extensive amenities, such as a spa facility, gym and waterside boardwalk – all sheltered safely in a gated community.

Attending the Award ceremony, Chief Operating Officer, Anthony Bowen noted the residences and amenities rival any five-star hotel.   Bowen stated, “Luxury goes beyond the physical space; it permeates through every aspect of the experience of living here.” He also pointed out the Renaissance lifestyle concept is ably supported by dedicated staff, including a 24-hour state-of-the-art security, concierge and a generous underground parking structure, complete with security guards and a property maintenance team. He added: “The Renaissance at Shorelands is unique, modern, and completely secure. It truly is the most exclusive address in Trinidad and our residents frequently communicate their satisfaction with the exceptional lifestyle we provide.”

Located just a short drive away from Trinidad’s cosmopolitan capital city, and less than 5 minutes away from the yacht club, the Renaissance at Shorelands offers convenience for all residents, but is ideal for boat owners and yachting enthusiasts.  Overall, the location and the wonderful lifestyle is a winning combination.

With many of the residences already sold, a few 3 and 4 bedroom residences are available for those who wish to invest in international quality real estate in Trinidad.

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About the Renaissance at Shorelands

The Renaissance at Shorelands is a luxury development in Trinidad comprising seventy-four private residences, penthouses and lifestyle amenities.

For more information, please visit www.renaissanceatshorelands.com or email Anthony Bowen at abowen@renaissanceatshorelands.com.

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Sotheby’s International Realty Brand Enters St. Vincent & the Grenadines

MADISON, N.J. and ST. VINCENT & the GRENADINES, Nov. 4, 2016 /PRNewswire-HISPANIC PR WIRE/ — Sotheby’s International Realty Affiliates LLC today announced the brand’s expansion in the Caribbean with the opening of St. Vincent & the Grenadines Sotheby’s International Realty.

Sotheby's International Realty logo

The firm, which is led by Michelle Bellegarde, owner and chief executive officer, and Pierre Bellegarde, president, will serve the luxury real estate market throughout the 32 island nation located in the Eastern Caribbean including the islands of St. Vincent, Bequia, Mustique, Canouan, Tobago Cays, Palm Island, Mayreau and Union.

“St. Vincent & the Grenadines is a hidden gem in the Caribbean,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “With pristine beaches in an idyllic setting, the islands are attractive for second-home buyers. We are proud to welcome Michelle and Pierre Bellegarde and their team to our network.”

“It gives us great pride to represent the Sotheby’s International Realty® brand in this incredible part of the Caribbean,” said Michelle Bellegarde. “We look forward to providing an exceptional real estate experience for those seeking the luxurious and incomparable Caribbean lifestyle.”

St. Vincent & the Grenadines Sotheby’s International Realty is located conveniently along the Belmont Walkway in Port Elizabeth, Bequia.

The Sotheby’s International Realty network currently has more than 20,000 affiliated independent sales associates located in approximately 850 offices in 65 countries and territories worldwide. St. Vincent & the Grenadines Sotheby’s International Realty listings will be marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs. Each office is independently owned and operated.

About Sotheby’s International Realty Affiliates LLC
Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby’s International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. Sotheby’s International Realty Affiliates LLC is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. In February 2004, Realogy entered into a long-term strategic alliance with Sotheby’s, the operator of the auction house. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby’s International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit www.sothebysrealty.com.

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Renowned Design Institutions Domus Academy and Nuova Accademia di Belle Arti Milano (NABA) Team Up with Tsinghua University to present Noosphere XX1: A Model for the Production of Knowledge, at the XXI Triennale International Exhibition in Milan

Open to the public beginning on April 2, 2016 and located at the centre of the XXI Triennale International Exhibition, the Pavilion in the Triennale Garden explores new scenarios between Past, Present and Future, inspiring new educational forms in the world of design

MILAN, March 31, 2016 /PRNewswire-HISPANIC PR WIRE/ — World renowned design institutions Domus Academy and Nuova Accademia di Belle Arti Milano (NABA), along with the elite Tsinghua University, the first Academy and most important Chinese research institute for art and design, are proud to announce the opening of the Noosphere XX1: A Model for the Production of Knowledge Pavilion. The exhibit is part of the XXII Triennale International Exhibition 2016 and is open to the public beginning on Saturday, April 2, running through April 17, 2016.

Photo – http://photos.prnewswire.com/prnh/20160331/350189
Photo – http://photos.prnewswire.com/prnh/20160331/350190
Logo – http://photos.prnewswire.com/prnh/20160217/338729LOGO

The Pavilion will be located in the Triennale garden for all six months of the exhibition, is composed of three main parts:

  • A building shaped like a parallelepiped, which houses a space/workshop for events and activities, consisting of wooden structural elements and characterised by a tapestry placed on the main façade;
  • Transport crates containing installations on the themes “The Big Waste” and “Biological Science”; and
  • A structure made up of bamboo trees about 12 metres tall.

The concept that inspired the installation is that of the Noosphere, developed in the 1920s by French philosopher Edouard Le Roy, palaeontologist Pierre Teilhard de Chardin and Russian geochemist Vladimir Venadsky. At the core of the main definition of Noosphere, there is a dual perception: life on Earth is a unit that makes up a whole system known as the Biosphere; the mind or consciousness of life – the thinking layer of the Earth – makes up a discontinuous unit. It is represented by the next inevitable stage of the Earth’s evolution, which will encompass and transform the Biosphere.

Noosphere XX1 provides a model for the production of knowledge, focusing on students as a meeting point between Past, Present and Future, and inspiring new educational forms in the world of design.

The three time dimensions will be represented through different events and installations, which will vary over the course of the six months of the XXl Triennale. The opening exhibition features the following content:

  • The Past – represented by images of the city of Palmyra, chosen from the collections of Paolo Mussat Sartor;
  • The Present – represented by Nature, by the animals from the Palazzo dei Musei in Reggio Emilia, through to the Crystal Stool designed by Studio Nucleo; and
  • The Future – shown in an installation that involves the YuMi robot by ABB and 3D printed materials.

Noosphere XX1 is a project curated by Su Dan, from the Academy of Arts and Design, Tsinghua University, Italo Rota, Scientific Director of NABA and Domus Academy and Gianluigi Ricuperati, Creative Director of Domus Academy.

The Noosphere is also a metaphor for school and for the production of knowledge in an increasingly complex and interconnected world, where students will take centre stage. The Pavilion will therefore also present itself as opportunities for reflection on the contemporary school system, through a combination of different forms of education with contributions from professionals, institutions and companies.

Innovation in teaching methods and partnerships with companies and industry professionals are a fundamental and distinctive element of what NABA and Domus Academy have to offer, their aim being to enable students to take on actual projects and acquire specific skills, which will then allow them to build solid careers.

NOOSPHERE XX1: A MOBILE AND EVOLVING SCHOOL

XXI Triennale International Exhibition 2016, Milan
2 April – 12 September
Viale Alemagna, 6

Academy of Art & Design, Tsinghua University – NABA Nuova Accademia di Belle Arti Milano – Domus Academy

Curated by: Su Dan (Academy of Arts and Design, Tsinghua University), Italo Rota (Scientific Director of NABA and the Domus Academy), Gianluigi Ricuperati (Creative Director of the Domus Academy).

Credits
NABA and Domus Academy
Building Design: Italo Rota
Institutional projects leadership: Francesca Zocchi with Anna Durante, Ginevra Stuto
Academic contents: Alberto Bonisoli (leadership), Domus Academy and NABA faculty
Communication: Matteo Blandi, Sabrina Di Pietrantonio with Angela Ambrogio,
Federica Arrighi, Patrizia Sciglitano, Antonio Anaclerio and NABA BA in Graphic Design and Art Direction students Nicolò Frontini, Riccardo Suardi, Vincenzo Tortora

Tsinghua University

Assistant Curator: YANG Yunzhao
Building design assistant: CUI Jiahua, LANG Yujie, WANG Hongwu, ZHENG Jing, QIAN Hanxuan
Media Plan and Design: SHI Danqing, ZHAO Huasen, DAI Dai
Furniture research: YU Lizhan
Experimental Art Research:LI Tianyuan, REN Ri
Material research: WANG Yue
Parametric design research: XU Weiguo

Design & 3D modeling: Emilio Antinori, Vincenzo Franchino, Alessandro Zomparelli
Prototypes: Matteo Abbiati
For Robot Yumi: Oscar Ferrato, Emanuele Lomello

Boxes Installations: NABA Students Giorgia Amabili, Catarina Isabel Dos Santos Marques, Chen Ruy, Arianna Summo. Studio Italo Rota, Carlo Ferrari, Marco Fabris.
Bamboo Installation: Studio Cardenas with NABA and Domus Academy Students Diana Butuc
Vasinee Hongyantarachai, Shin Wai Lam, Alice Lamperti, Kang Hua Lan, Alessia Pastori, Mikel Peruch, Vashish Soobah, Xinxin Sun, Veronica Volpe, Renny Fitriaristi Wulandini, Xinyi Zhao

Production partner UNIClass
Construction partner ForMALIGNO

Thanks to ABB, Arch. Emilio Battisti, BONOTTOEDITIONS, Gondrand by Fercam Spa, Marzorati Ronchetti, Musei Civici di Reggio Emilia, Paolo Mussat Sartor, Sharebot, Studio Nucleo

About NABA
NABA, Nuova Accademia di Belle Arti Milano, is an art and design academy: it is the largest private Italian academy and was the first to obtain official recognition from the Italian Ministry of Education, University and Research (MIUR), in 1980. It offers undergraduate and postgraduate courses in the fields of design, fashion design, graphics and communication, multimedia arts, set design and visual arts, awarding academic diplomas equivalent to university degrees. It came about as a result of a private initiative in 1980 in Milan from Ausonio Zappa, Guido Ballo and Gianni Colombo, and its goal has always been to challenge the inflexible nature of academic tradition and to introduce visions and languages closer to contemporary artistic practices and the system of art and the creative professions. In 2009, NABA became one of the Laureate International Universities, an international network of more than 80 accredited institutions in 28 countries offering undergraduate and postgraduate degree courses to more than one million students worldwide. NABA was included in Domus Magazine’s guide to Europe’s top 100 schools of architecture and design and in Frame’s guide to the world’s 30 leading graduate schools of design and fashion. www.naba.it

Domus Academy
Domus Academy was set up in Milan in 1982 as the first postgraduate design school in Italy and as an open project revolving around the experience of Italian design and fashion. Over the years, it has established itself as a school in the full sense of the term: a place for postgraduate training and a research laboratory on the themes of innovation and design. The 1994 winner of the Compasso d’Oro for the quality of its academic and research approach, in 2009, for the third consecutive year, the Domus Academy was included in Business Week’s guide to the world’s top 60 design schools. In 2012 and 2013, it was included in Domus Magazine’s guide to Europe’s top 100 schools of architecture and design and in Frame’s guide to the world’s 30 leading graduate schools of design, architecture and fashion. In December 2009, the Domus Academy became one of the Laureate International Universities, an international network of more than 80 accredited institutions in 28 countries offering undergraduate and postgraduate degree courses to more than a million students worldwide. The courses on offer at the academy include the following Master’s programs, attended by students from around the world: Business Design, Product Design, Fashion Design, Interaction Design, Interior Design & Living, Urban Vision & Architectural Design, Fashion Management, Fashion Styling & Visual Merchandising, Visual Brand Design, Luxury Brand Management. www.domusacademy.com

Academy of Arts & Design, Tsinghua University
Founded in 1956 as the first Academy of art and design in the new China, it has trained a large number of professionals. Many Academy graduates now occupy important positions in the country’s colleges and universities, research institutes and major companies.
The Academy of Arts & Design, Tsinghua University is the leading Chinese research institute for art and design. It has been included twice in US magazine Business Week’s guide to the world’s top 60 design schools. www.tsinghua.edu.cn/publish/ad

CONTACT: Domus Academy & NABA: Sabrina Di Pietrantonio, sabrina.dipietrantonio@laureatedesign.it; Creation Communications Agency: Elena Bonatti – elena.bonatti@creation.io, mobile +39 349 4709813, or Luca Cigliano – luca.cigliano@creation.io, mobile +39 340 2615259

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Panamanian Estate on 34-Acres Scheduled for April Sale with Platinum Luxury Auctions

MIAMI, March 23, 2016 /PRNewswire/ – On April 16, 2016, U.S.-based real estate auction firm Platinum Luxury Auctions will offer a Panamanian property known as Finca la Pagoda (literally, “Villa Pagoda”) at a live auction sale. The property was previously asking $2.3 million, but will now be sold to the highest bidder without reserve, and regardless of the high bid price. While Platinum has compiled a lengthy track record of success in the sale of multimillion-dollar properties located throughout the United States, the firm has successfully handled a number of auction transactions throughout Central America and the Caribbean territories.

Photo – http://photos.prnewswire.com/prnh/20160323/347210

Finca la Pagoda, which derives its name from the Japanese-influenced exterior architecture of its main residence, occupies more than 34 acres in the Chiriquí province of the Panamanian Highlands. It is located within a short drive of Chiriquí’s vibrant capital city of San José de David (often referred to simply as “David”). Sitting at an elevation of 3,500 feet, the property presents striking views of Panama’s tallest mountain, the Volcán Barú, and even provides a glimpse of the Pacific Ocean on a clear day.

“This is a very inspiring and peaceful property that’s perfect for those looking for a place to literally and metaphorically stop and smell the roses,” noted Brad Pruitt, Platinum’s director of business development. “There are orange groves, countless flowers and natural plants, and unbelievable views of the surrounding mountains,” he added. “I think it’s the only time our videographer complained that his camera work just couldn’t capture the beauty or essence you experience while on-site.”

The grounds feature a fully zoned irrigation system, which services all of the property’s many gardens and its greenhouse. Finca la Pagoda also possesses permanent water concession rights – a very rare feature that allows for commercial water bottling and distribution. An auxiliary electrical plant provides power to the entire property.

The property’s 6,700-square-foot main residence offers four bedrooms, a library, formal dining room, family and living rooms, and a study. An oversized master suite spans the entire upper floor. Additional features of the main residence include restored wood ceilings, terrazzo floors imported from Cuba, and a wooden parquet staircase. There is also a separate pavilion/gazebo that offers a kitchenette and two half bathrooms, and has accommodated as many as 70 guests for dining and entertainment. A guesthouse adds two bedrooms and one full bath, and is ideal for housing staff or overnight guests.

Property previews begin April 2, 2016 and will be held daily from 12pm to 5pm until the date of the auction. Interested parties may contact Platinum Luxury Auctions at 800.262.5132 or visit PanamaLuxuryAuction.com to obtain a bidder’s brochure for the auction.

About Platinum Luxury Auctions
Platinum Luxury Auctions is a market-leading auction firm specializing in the non-distressed sale of multimillion-dollar properties within and beyond the United States. While being dedicated to a quality-over-quantity approach, the Platinum team has closed more than $445 million in luxury real estate auction sales, and has consulted on more than $1.5 billion in additional luxury properties worldwide. Platinum is responsible for developing the luxury auctionSM model for the sale of luxury real estate at auction.

CONTACT: Christian Rizzo, Upspring PR, 646-722-8146

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Unprecedented Caribbean Luxury Real Estate Auction Deadline Extended Due to Overwhelming Response

Exceptional buyer reaction to Cooper Jack Marina and Bolton Bank

Cooper Jack Marina in the Turks and Caicos Islands.

Cooper Jack Marina in the Turks and Caicos Islands.

Looking down River in Bolton Bank, Belize.

Looking down River in Bolton Bank, Belize.

CaribPR Wire, NEW YORK, NY, Weds. June 17, 2015: Response to the first-ever multi-destination Caribbean luxury real estate auction has been extremely strong prompting Premiere Estates Auction Company to extend the auction drop date to August 4th.

The two prime luxury development projects, Cooper Jack Marina, located in the Turks and Caicos Islands, and Bolton Bank in Belize, have received expansive coverage resulting in considerable buyer interest. Both properties are being offered for sale on the auction block by Avalon Partners, Ltd. (www.avalonpartnersltd.com) in cooperation with Premiere Estates.

Thomas “Tuvia” Sablosky, the managing director of the International Division of Premiere Estates explained, “Given the size, diversity of locations, and magnitude of the properties for sale in this auction, we have extended the auction date to enable all potential buyers to have more time to do their due diligence and conduct their property inspections.”

“We are very pleased with Premiere’s decision,” stated Grace Lappin, Avalon Partners’ managing director. “Serious buyer interest in both Bolton Bank and Cooper Jack Marina has been extremely robust with a number of buyers requesting extended time to complete site visits and information gathering. Moving the date forward to August 4 creates an equitable playing field and optimizes opportunities for all parties.”

Cooper Jack Marina is a 50-acre ocean-front, mixed-use hotel, resort, and residential marina development site located on the lee-side of Providenciales with over 8,000 feet of shoreline. Cooper Jack Marina offers one of the safest harbors between Nassau and Puerto Rico and it is a port of entry for vessels up to 140 feet. The 10 acre marina allows for superior vessel access due to lack of reefs.

Bolton Bank, Belize, a 4,000+ acre river and sea-front parcel within a few miles of Belize’s only international airport and the cruise port, has the potential to be a game-changer for the country’s major city providing an opportunity to create an eco-hotel resort complex complete with state of the art conference center, commercial and retail spaces, residential community, as well as world class golf course and casino. Bolton Bank includes an historic 1 acre site – the only Jewish cemetery in all of Belize.

For more information about these two properties and the auction, please contact Grace Lappin, Managing Director, Avalon Partners, Ltd. by telephone at (212) 717-5477 or (649) 432-4158 or email at info@avalonpartnersltd.com.

About Avalon Partners

Avalon Partners, Ltd. (www.avalonpartnersltd.com) is a boutique real estate advisory and brokerage firm with offices in Manhattan and the Caribbean.

About Premiere Estates Auction Company

Premiere Estates Auction Company (www.PremiereEstates.com) and its corporate family of companies are nationwide leaders in high-end luxury real estate auctions.

Media Contact: Michelle Mercier

TurnaroundNow Communication

michelle@turnaroundnow.com

(646) 465-0405

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Sotheby’s International Realty Brand to Enter St. Martin

MADISON, N.J., Oct. 29, 2014 /PRNewswire/ – Sotheby’s International Realty Affiliates LLC today announced Pierres Caraibes in St. Martin has joined the Sotheby’s International Realty® brand and now will do business as St. Martin Sotheby’s International Realty.

http://photos.prnewswire.com/prnvar/20140311/MM81288LOGO

The firm, which is owned by Lesley Reed, is located at Plaza Caraibes Bat A BP 144 Rue Kennedy, Marigot and 48 Rhine Road, Cupecoy, and is expected to open in November.

“St. Martin is a unique territory, with two countries, three currencies, three official languages and a multitude of cultures that spread over the 34 square miles of the island,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC.  “This Caribbean gem is outlined by sandy beaches, hillside valleys and a steady tropical climate.  We are proud to welcome Lesley Reed and her team to our network, combining the rich history of our brand with their experience of more than 26 years in the local luxury market.”

According to Reed, she looks forward to the worldwide reach the Sotheby’s International Realty brand offers.  “We are thrilled to become part of the Sotheby’s International Realty brand’s exceptional global reach,” she said.  “Our mission is to provide a customer experience dictated by our professionalism and commitment to quality.  It is company standard to keep our customers’ interest in all decisions and we pride ourselves on the reputation we have built since 1999.”

The Sotheby’s International Realty network currently has more than 15,000 independent sales associates located in approximately 720 offices in 52 countries and territories worldwide.  St. Martin Sotheby’s International Realty listings are marketed on the sothebysrealty.com global website.  In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs.  Each office is independently owned and operated.

About Sotheby’s International Realty Affiliates LLC
Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby’s International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. Sotheby’s International Realty Affiliates LLC is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. In February 2004, Realogy entered into a long-term strategic alliance with Sotheby’s, the operator of the auction house.  The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby’s International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit www.sothebysrealty.com.

CONTACT

Daniela Frewa
Director, International Marketing, Latin America, Caribbean & Bermuda
Sotheby’s International Realty Affiliates LLC
175 Park Avenue
Madison, NJ 07940
(973)407-5601
Daniela.Frewa@sothebysrealty.com

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Sotheby’s International Realty Brand Enters Belize

MADISON, N.J. and AMBERGRIS CAYE, Belize, June 5, 2014 /PRNewswire/ – Sotheby’s International Realty Affiliates LLC today announced its luxury real estate services are now available in Belize with the opening of Belize Sotheby’s International Realty, owned and operated by McCann & Fisher Ltd.

http://photos.prnewswire.com/prnvar/20140311/MM81288LOGO

The firm, which is managed by Shane and Brittany McCann, serves the luxury residential real estate market throughout Belize and is located at Barrier Reef Drive in San Pedro, Ambergris Caye.

“Ambergris Caye is considered one of the most desirable islands in the world,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC.  “The lifestyle offered there is coveted by people everywhere.  Belize is home to the second largest barrier reef in the world, ancient Mayan Ruins, water falls, caves and the well-known Great Blue Hole.  We are proud to be able to offer our services in this beautiful and unique market.”

According to Brittany McCann the affiliation with the Sotheby’s International Realty® brand will help achieve their goal of raising the bar in Belize’s real estate market.  “We also want to help promote the economic growth of our country, and we believe the Sotheby’s International Realty brand will help change the dynamics of the real estate market in Belize,” she said.  ”Our company has raised the standards of service and ethics here in the property and rental management field, and this has set us apart from other real estate groups in the country. It is our mission to be the best in the industry and build a team of knowledgeable professionals, and we will continue this as we grow with the brand.”

The Sotheby’s International Realty network currently has more than 15,000 independent sales associates located in approximately 700 offices in 54 countries and territories worldwide. Belize Sotheby’s International Realty listings will be marketed on the sothebysrealty.com global website.  In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs.  Each office is independently owned and operated.

About Sotheby’s International Realty Affiliates LLC
Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby’s International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. Sotheby’s International Realty Affiliates LLC is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. In February 2004, Realogy entered into a long-term strategic alliance with Sotheby’s, the operator of the auction house.  The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby’s International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit www.sothebysrealty.com.

MEDIA CONTACTS

Jennifer Zimmerman
Senior Director, PR & Communications
Sotheby’s International Realty Affiliates LLC
175 Park Avenue, Madison, NJ  07940
jennifer.zimmerman@sothebysrealty.com

Brittany McCann
Owner
Belize Sotheby’s International Realty
Barrier Reef Drive
P.O. Box 204
San Pedro, Ambergris Caye, Belize C.A.
P: 011 501 226 4309   C: 011 501 631 9253
brittany@belizesir.com

Logo – http://photos.prnewswire.com/prnh/20140311/MM81288LOGO

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Kennedy Funding Completes $5.17 Million Financing for Historic Bahamas Property

Waterfront site was once the family compound and estate of the Parker Brothers of Monopoly fame

ENGLEWOOD CLIFFS, N.J., March 21, 2014 /PRNewswire/ – Kennedy Funding has completed a $5.17 million loan by Grand Pointe Lender Ltd. to borrower Grand Pointe Investments, Ltd. The four-year-interest only financing is secured by four oceanfront residential parcels with five residences and additional land, altogether totaling 15.5 acres, on Man O War Cay, Sea Glass Found, Abaco, Bahamas. Each of the five residential parcels consists of a main residence and a guest cottage.

“The property has a very interesting history,” said Kevin Wolfer, president and CEO of Kennedy Funding, the Englewood, NJ-based direct private lender. “It consists of the long-time former family compound and estate of the Parker Family of Parker Games fame–Monopoly and other well-known board games.”

The Orlando, FL-based Grand Pointe Investments, headed by John C. Gray, Jr., acquired the property 10 years ago from the Parker Family and, “has made extensive improvements since,” said Wolfer. “With 15.5 acres and five private beaches on its own peninsula, this property is clearly the ‘jewel of the Abacos.’”

The borrower has been restoring the Parker Family compound and estate, and intends to retain ownership of one of the five residences while marketing the others for sale. Because of the site’s historic significance and prime location, the project has required close cooperation with the local district council and the Bahamian government.

Now known as Sea Glass Found, the $20 million project is well underway, an effort that includes restoring the site’s harbor and marina. The latter effort will allow berthing for yachts up to 140 feet in length and averaging 80-90 feet to dock safely in a protected “hurricane hole.”

The financing will be utilized by the borrower to retire $3.5 million of existing debt, and the remainder for working capital–the borrower’s other properties include two office condominiums in Lake Mary, FL, and 42 single-family lots at Stone Island, Enterprise, FL.

Kennedy Funding, America’s leading direct private lender, specializes in bridge loans for commercial property and land acquisition, development, workouts, bankruptcies, and foreclosures. The principals of the company have closed over $2.5 billion in loans to date. The firm’s creative financing expertise enables the closing of equity-based loans of up to a 70% loan-to-value ratio, from $1 million to more than $50 million, in as little as five days. Kennedy Funding continues to actively seek new funding opportunities throughout the world.

www.kennedyfunding.com

CONTACT: David Green, davidgreen@resultsinc.com, 201-288-7888

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