Regions Southeast
Fortes  Financial Secures National City Mortgage Wholesale Division
July 2, 2008

Fortes Financial Inc. has completed the  assumption of five regional wholesale offices formerly belonging to  National City Mortgage Corp.  The offices are located in San  Diego, Dallas, Chicago, Fredrick, Md.,  and Atlanta. 

 
Recent Southeast Headlines
NTS Takes Raleigh M-F in $39M Deal
NTS Realty Holdings L,P, has announced an agreement to purchase Courtney Estates in Raleigh, N.C., from Courtney Estates Holdings L.L.C. for a price of $39 million.
Gustav Keeps Gulf Coast on Edge
For most of the country, this will be a long weekend, but for residents of the Gulf Coast and New Orleans in particular, it will be a long wait. As of shortly after noon Eastern time today, Tropical Storm Gustav was just off Jamaica and heading almost due northwest, its most likely path, according to the National Hurricane Center, bringing it to landfall just west of New Orleans on Tuesday morning.
$118M Two-Property Multi-Family Sale Largest in Orlando This Year
LaPalazza at Metro West and The Cottages at Hunter's Creek, two premier Orlando apartment communities with a total of 1,042 residences, have sold for $118 million.
Raleigh Marriott City Center Opens
Privately held Noble Investment Group has announced the grand opening of the 400-room Raleigh Marriott City Center located at 500 Fayetteville St. and attached to the new 500,000-square-foot Raleigh Convention Center.
Adler Takes Naples Industrial Portfolio for $31M
The Adler Group has acquired a 252,400-square-foot industrial portfolio in Naples, Fla., from Lund Capital Group for $31 million. The two-building portfolio is located near Naples Municipal Airport and is 96 percent occupied.