Regions Southeast
Billion-Dollar Sales Team Moves Up at Flamingo South Beach
May 13, 2008

Miami-area real estate hotshots Eddy Martinez and Roland Ortiz, who recently established full-service real estate brokerage firm Worldwide Development Services, have been promoted to sales directors at the Flamingo South Beach condominium property. The Flamingo had been home to the Morton Towers apartment complex just a couple of years ago, and when work got underway on the redevelopment of the property, it was the largest condominium conversion undertaking in the country at that time, according to developer MCZ/Centrum. The complex features 1,688 residences on a 16.5-acre site along Biscayne Bay. Martinez and Ortiz previously held the respective positions of residential and pre-construction specialist, and pre-construction specialist agent with Majestic Properties before coming aboard the Flamingo team. Together, the two have sold nearly $1 billion in real estate over the last three years.

 
Recent Southeast Headlines
Grubb & Ellis Buys Two Apartment Complexes in Metro Atlanta
July 03, 2008
Grubb & Ellis Apartment REIT Inc. has acquired two Class A apartment communities totaling nearly 500 units in the metro Atlanta area. Grubb purchased the 216-unit AMLI at Kedron Village multi-family community in Peachtree City from AMLI Residential and Prudential Real Estate Investors, and the 280-unit Creekside Crossing in Lithonia from Harbor Group International, Norfolk, Va.
Orlando's First Nordstrom Rack to Anchor New 100,000SF Shopping Center
July 03, 2008
Millennia Crossing, a 100,000-square-foot shopping center scheduled to debut in Orlando, Fla. next spring, will become the home of the city's first Nordstrom Rack and the State of Florida's second such store.
Sensus Metering Expands at Highwoods Forum Office Park in North Raleigh
July 02, 2008
Highwoods Properties Inc. said that Sensus Metering Systems is expanding their office space at Highwoods Forum Office Park in North Raleigh, N.C.
ATT Atlanta Wells REIT II Snags Another AT&T Building in Atlanta
July 02, 2008
Wells Real Estate Investment Trust II has acquired Lindbergh Center, a groundbreaking, transit-oriented development in Atlanta’s Buckhead area, in a sale-leaseback from AT&T.
Fortes  Financial Secures National City Mortgage Wholesale Division
July 02, 2008
Fortes Financial Inc. has completed the  assumption of five regional wholesale offices formerly belonging to  National City Mortgage Corp.