New developer jumps into West Loop apartment project

Posted on August 17, 2015 By

August 17, 2015

The former Carmichael's Steakhouse on West Monroe Street. Photo by Google Earth

The former Carmichael’s Steakhouse on West Monroe Street.

Photo by Google Earth

After receiving an alderman’s blessing for a 120-unit apartment building on the site of the former Carmichael’s Steakhouse, a Northbrook developer sold part of the West Loop property to a Chicago real estate lawyer who plans to build 50 units there.

A venture led by Steven DeGraff, principal at Much Shelist, submitted plans with the city last month for the four-story development at Aberdeen and Monroe streets. The venture acquired the property at the end of July from an affiliate of Michigan Avenue Real Estate Group, a Northbrook-based company whose investors include Chicago Bulls and White Sox owner Jerry Reinsdorf.

DeGraff wants to build 50 apartments on the west end of the property bordered by Aberdeen on the west, Rundell Place to the north and Monroe to the south. Michigan Avenue has retained ownership of an adjoining parcel just to the east where it plans 70 apartments, said Chicago zoning lawyer Thomas Moore, who represents DeGraff.

DeGraff declined to comment, and a Michigan Avenue executive did not return calls.

The project will add to a bulging construction pipeline of apartments in downtown Chicago. Developers are on track to complete nearly 11,000 apartments in downtown Chicago in 2015, 2016 and 2017, a supply surge that will test the strength of the downtown market.

Michigan Avenue had proposed 130 apartments on the Carmichael’s site but ran into opposition from neighborhood residents who demanded that the development include green space. The developer acquiesced and reached an agreement this spring with Ald. Danny Solis (25th), whose ward includes the property, for a 120-unit project with a park.

The Carmichael’s property is at least the second this year involving DeGraff, who works for real estate investors and developers, including Michigan Avenue. A venture including DeGraff and Harold Dembo, another Much Shelist principal, filed an $11 million foreclosure suit this summer against a landmark Loop office building after buying the debt on the property.


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World Market Real Estate: Bond Market's $2.46 Trillion Dilemma May Not Be So Bad After All

Posted on August 17, 2015 By

Posted by Staff writer (media@realtytoday.com) on Aug 17, 2015 06:20 AM EDT

Federal Reserve Makes Announcement On Interest Ratesmore big

CHICAGO, IL – MARCH 15: A trader signals an offer in the corn options pit at the CME Group March 15, 2011 in Chicago, Illinois. U.S. stock and commodity prices tumbled today following a sharp drop in Japan’s stock market, as investors worldwide worry about the economic impact of that country’s recent earthquake, tsunami and unfolding nuclear crisis. (Photo : Scott Olson/Getty Images)

There’s good news for investors worried over the future of the U.S. bond market.  The impact may not be so bad, especially when the Federal Reserve will start to reduce its $2.46 trillion in Treasuries.

The effect in the U.S. market won’t be as noticeable and bad as initially feared, states Bloomberg, despite the Federal Reserve’s attempt to reverse previous easy-money policies.   The concern was that the reverse in Fed’s policies will trigger an increase in borrowing costs, after the Central Bank planned to reduce debt holdings sometime after it starts raising interest rates.  However, experts at JP Morgan Chase & Co., stated that the yields would hardly budge even if the Feds won’t buy bonds to replace the $216 billion in Treasuries due next year. 

Wrightson ICAP LLC, a research firm specializing Fed policy and Treasury financing analysis, also agreed with JP Morgan’s statement.  Lou Crandall, chief economist at the research firm, said, “It would not have an impact, and that’s the news here.  Letting Treasuries run off is a freebie.”

The Bloomberg report also mentioned that keeping a lid on yields is critical to both the investors and the U.S. government.  Although it is most critical to the government, given its management of a debt load that has more than doubled to $18 trillion since the credit crisis.  The implications will also extend to other governments, businesses and consumers around the world, since Treasuries serve as a global benchmark for trillions of dollars of debt.

The market concerns started after the Federal Reserve announced earlier this month that interest rates will increase beginning September, reports the Wall Street Journal.  Although the Feds are confident that the economy is robust enough to handle the rate increase, the bond market remained skeptical.   So far, the yields for short-term Treasury notes have started to move higher, but longer-term debt yields remained low. 

Erik Schiller, senior portfolio manager at Prudential Financial Inc.’s fixed-income unit, said the Fed’s decision to raise interest rates against sluggish global growth may be “premature.” He added that enforcing a tighter monetary policy could “only help to slow the U.S. economy and pressure inflation expectations down.” This would then lead to long term bonds being more attractive for investor, given that experts are foreseeing the 10-year yield to move towards 3 percent, from 2.211 percent, by end of this year.

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Company Shares of Investors Real Estate Trust (NYSE:IRET) Rally 1.4%

Posted on August 17, 2015 By

Shares of Investors Real Estate Trust (NYSE:IRET) appreciated by 1.4% during the past week but lost 2.42% on a 4-week basis. The shares have outperformed the S&P 500 by 0.72% in the past week but underperformed the index by 0.78% in the last 4 weeks.

The company shares have dropped 15.57% in the past 52 Weeks. On January 13, 2015 The shares registered one year high of $8.74 and one year low was seen on July 1, 2015 at $6.82. The 50-day moving average is $7.19 and the 200 day moving average is recorded at $7.39. S&P 500 has rallied 6.56% during the last 52-weeks. The company has received recommendation from many analysts. 1 analysts have rated the company as a strong buy. The shares have been rated as hold from 1 Wall Street Analysts. 1 analysts have suggested buy for the company. Investors Real Estate Trust has dropped 0.62% during the last 3-month period . Year-to-Date the stock performance stands at -7.81%.

Investors Real Estate Trust (NYSE:IRET) : On Friday heightened volatility was witnessed in Investors Real Estate Trust (NYSE:IRET) which led to swings in the share price. The shares opened for trading at $7.2 and hit $7.26 on the upside , eventually ending the session at $7.26, with a gain of 0.69% or 0.05 points. The heightened volatility saw the trading volume jump to 217,048 shares. The 52-week high of the share price is $8.74 and the company has a market cap of $911 million. The 52-week low of the share price is at $6.82 .

Currently the company Insiders own 0.6% of Investors Real Estate Trust Company shares. In the past six months, there is a change of 1.2% in the total insider ownership. Institutional Investors own 50% of Company shares. During last 3 month period, 0.75% of total institutional ownership has changed in the company shares. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, Reiling Mark W, officer (EVP, Chief Investment Officer) of Investors Real Estate Trust had purchased 6,500 shares on April 29, 2015 in a transaction. The price per share was $7.39 and the total amount of the disclosed transaction was $48,035.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

Investors Real Estate Trust (IRET) a self-advised equity real estate investment trust (REIT). The Company is engaged in owning and operating income-producing real estate properties. IRET is structured as an Umbrella Partnership Real Estate Investment Trust (UPREIT) and it conducts business operations through its operating partnership, IRET Properties, a North Dakota Limited Partnership (IRET Properties). Its investments consist of multi-family residential properties and commercial office, commercial medical, commercial industrial and commercial retail properties. These properties are located primarily in the upper Midwest states of Minnesota and North Dakota. During the fiscal year ended April 30, 2012 (fiscal 2011), its real estate investments in these two states accounted for 69% of its total gross revenue. It operates in five real estate segments: multi-family residential, commercial office, commercial medical (including senior housing), commercial industrial and commercial retail.

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Bill proposes harsher penalties for crimes against real estate agents

Posted on August 13, 2015 By

A proposal filed in the State House is seeking harsher penalties for those convicted of crimes against real estate agents.

WPTV

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Macy's Gives Hint of Future Plans With $270 Million Real Estate Deal

Posted on August 12, 2015 By

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Updated to include comments from Macy’s CFO on the quarterly earnings call.

NEW YORK (TheStreet) — While its latest earnings may have disappointed investors,  Macy’s (M – Get Report) gave a strong hint of things to come with a lucrative deal to sell off some of its valuable real estate holdings.

On Wednesday, the department store retailer announced an agreement to sell a 378,000 square foot location in downtown Brooklyn, N.Y. to real estate developer Tishman Speyer. Macy’s will receive $170 million in cash, and an additional $100 million over the next three years to be used as a contribution toward renovating the store.

“The move enhances shareholder value, and helps us build for the future,” said Macy’s CFO Karen Hoguet on a call with analysts. Hoguet added the decision was a byproduct of rising real estate values, and some “interesting transactions” in the department store space this year.  One of those “interesting transactions” was likely Sears Holdings Corp. (SHLD – Get Report) decision to form a real estate investment trust (REIT), which raised considerable money for the struggling retailer.   

Under the agreement, Macy’s will continue to own and operate the first four floors and lower level of the store, which will be reconfigured and remodeled. Tishman Speyer will use the portion of the site that Macy’s will not retain to develop into approximately ten floors of mixed use space. The two companies will work together to recreate and shrink the store.

Work begins in the spring of 2016, and is scheduled to be completed by the fall of 2018.

Must Read: George Soros’ Top 5 Dividend Stock Picks for 2015

Macy’s signaled it may not be done exploring creative ways to extract value from its real estate holdings, a nod that it’s bending to activist pressure.

“In light of current market conditions, the company has retained specialized real estate advisors, in addition to financial, legal and tax advisors, to intensely study its real estate portfolio to determine where opportunities exist that would further enhance the value of the company,” said Macy’s in a statement. On CNBC Wednesday morning, Macy’s Chairman and CEO Terry Lundgren said it’s actively working with Green Street Advisors on the review process.

With Macy’s sales and earnings under pressure this year due to a sluggish U.S. economy, activists have lined up to pressure the company to spin off the company’s real estate holdings and boost the stock price.

“We believe there is an opportunity to create two leading companies while maintaining the dividend,” Starboard Value CEO Jeff Smith said at the Delivering Alpha investment conference on Jul. 15.

One of those companies would be the retail store operations, the other a separate holding company for Macy’s valuable real estate. Smith, the most prominent big investor to come out in favor of Macy’s spinning off its real estate, said he believes the stock would be worth $125 a share if the retailer took undertook such a tactic. Shares are currently trading at about half that.

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San Francisco Real Estate Developers Push for Taller High-Rises

Posted on August 11, 2015 By

The Mid-Market area of San Francisco has been a hotbed of high-rise building construction for the last few years, and if real estate developers get their way, the towers are about to get even higher.

According to San Francisco Business Times, a new developer called Align Real Estate has filed paperwork to propose construction of a 250-foot residential building at 30 Otis Street (at the corner of Otis and South Van Ness Streets).

In a separate project, two 400-foot towers are already scheduled to be erected on top of an auto dealership on the next block, so Align has also submitted two proposals to create a building that would be either 483 or 600 feet.

San Francisco’s Planning Department has been considering allowing developers to build higher in the Mid-Market area since May, so the city skyline could continue to disappear in a battle for great heights.

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Real estate titan owes $28K in unpaid credit card bills: lawsuit

Posted on August 11, 2015 By

Embattled real estate developer Kent Swig is facing a new lawsuit by American Express over $28,000 in unpaid credit card bills.

The Manhattan Supreme Court suit says Swig and his company Swig Equities haven’t paid their balance of $28,660.13 despite repeated demands.

Swig also hasn’t contested the charges, the suit says.

“K. Swig has been unjustly enriched to American Express’ detriment,” according to court papers.

Kent Swig and Elizabeth Macklowe in 2010Photo: PatrickMcMullan.com

The suit does not detail the charges.

The 54-year-old, whose company owns nine residential and commercial buildings around Manhattan including The Sheffield in Columbus Circle, is in a bruising divorce battle with his wife.

He married Elizabeth Macklowe, daughter of another prominent Manhattan real estate titan​,​ Harry Macklowe, in 1987 and they moved to a duplex penthouse at 740 Park Ave.

But their life of Park Avenue luxury fell apart during the economic downturn because Swig had personally guaranteed a reported $116 million in loans.

Reps for Swig and his company did not immediately respond to requests for comment.

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Deputies: Manatee real estate agent thwarts sex attack while showing house

Posted on August 11, 2015 By

The Realtor association in Manatee County has urged its members to use caution after one of its agents thwarted a sexual attack Monday afternoon as she showed a house to a man.

Authorities are still looking for the man, who identified himself as ”Jim” and arranged the showing in the Whitfield Estates area.

During the showing, the man went into a bathroom, flushed the toilet and “yelled to the victim that there was a leak in the bathroom,” Manatee Sheriff W. Brad Steube said. When the 69-year-old agent went to check on the problem in the bathroom, the man “tried to force himself on her,” Steube said.

The man fled the house after the woman told him that the owners of the house were nearby and would soon be there, deputies said.

Although the woman escaped, the scare placed other real estate agents on alert.

“Please be careful, especially when showing property to someone you don’t know,” the Realtor Association of Manatee and Sarasota said in a Facebook post. “Meet them at your office first or take someone with you.”

The sheriff’s office described the suspect as white, middle-aged, and bald or balding, about 6 feet tall and 250 pounds. He was wearing camouflage shorts, a gray polo shirt, white sneakers and high socks. The agent said the suspect “reeked of cigarette smoke,” the sheriff’s office said.

The man was driving a newer-model, blue or black, full-size extended-cab pickup truck.

This is the third reported attack on a Tampa-area real estage agent this summer. Paul Jay Pinkston, 58, was charged with armed robbery and kidnapping after two agents were robbed, and one was tied up, June 3 in St. Petersburg, authorities said. Pinkston was later released after posting $500,000 bond.

Anyone with information on Monday’s incident was asked to call the Manatee sheriff’s office at (941) 747-3011 or Crime Stoppers at 1-866-634-TIPS (8477).

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Real estate transactions Aug. 10, 2015

Posted on August 10, 2015 By

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$8,901,000 O'Keefe David to Sanctuary Residential Investor LLC, Sanctuary of Bradenton, O.R. Book 02579 Page 5628, July 27. $3,412,555 BDG …

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Real estate transactions for XXX

Posted on August 9, 2015 By

The following real estate transactions recently were recorded in the office of the Cleveland County Clerk:

Seller(s): Constructive Design Group LLC; Buyer(s): Johnson, Amara Star; Amount: $186,560; Westmoor Add 00 Blk 01-12, Lot 10, Block 4

Seller(s): Megatel Homes Inc.; Buyer(s): Ford, Deana A.; Amount: $249,000; Cedar Lane 01, Lot 13, Block 2

Seller(s): DP Amble Homes Inc.; Buyer(s): Fagin, Todd D. and Quick, Traci J.; Amount: $299,000; Broad Acres 02 Blk 02-06, Lot 2, Block 3

Seller(s): Willa Construction Co. Inc.; Buyer(s): Acquaye, Claudius; Amount: $390,000; Legacy, The 05 (Blk 21-24), Lot 1, Block 21

Seller(s): Santa Domingo Partners LLC; Buyer(s): McPherson, Melissa C.; Amount: $189,500; Santa Fe Plaza Blk 01-05, Lot 32, Block 2

Seller(s): Mihanni, Ashraf R., by Attorney In Fact and Nabila, by Attorney In Fact and Walker, Brandon and Laura; Buyer(s): Tallbear, Christopher P. and Donna M.; Amount: $147,900; Woodcrest Estates 07 Blk 01-04, Lot 6, 7, Block 1

Seller(s): Vintage Custom Homes LLC; Buyer(s): Delao, Darryl W. Jr. and Amanda D.; Amount: $277,900; Williamson Farms Add 05 (Blks 30-36), Lot 2, Block 31

Seller(s): Dang Family Trust; Buyer(s): Wei, Tun-Hua; Amount: $117,000; South Harbor Add 02 Blk 03-07, Lot 2, Block 4

Seller(s): Independence Valley Properties LLC; Buyer(s): Yamsakul, Saravut and Rakchanog; Amount: $173,496; Independence Valley Add Sec 01 (Blk 1-5), Lot 6, Block 3

Seller(s): Hornung, Bradley John and Hornung, Mandy Lynn; Buyer(s): Padilla, Caleb M. and Kayla M.; Amount: $205,000; Rock Creek 03 Final Plat, Lot 53, Block 7

Seller(s): Mashburn Faires Homes LLC; Buyer(s): Stephenson, William J. and Jill F.; Amount: $238,690; Rock Creek 06 and (Replat 16 and 17 Blk 8 and 16 Blk 11 Rock Creek 5), Lot 2, Block 4

Seller(s): Padilla, Caleb M. and Kayla M.; Buyer(s): Reichenberger, Angela M.; Amount: $139,900; Southwinds 05 (Blk 44-45), Lot 14A, Block 45

Seller(s): HLZ Investments LLC; Buyer(s): DLJ Holdings Co. LLC; Amount: $640,000; Odies 01 Blk 01, Lot 1, Block 1

Seller(s): Knight, Garry W.; Buyer(s): Harrison, Kaye; Amount: $138,500; Crestland Est 02 Blk 01-06, Lot 11, Block 3

Seller(s): Allison, Kyle R. and Amanda; Buyer(s): Ripberger, Joseph T. and Kuhika G.; Amount: $223,000; Cascade Est 05 PUD Blk 1-4, Lot 5A, Block 1

Seller(s): Pratt, Larry P. and Odra N.; Buyer(s): Cockrum, Jimmy D.; Amount: $279,900; Highland Village Add 03 (Blks 1-4), Lot 6, Block 4

Seller(s): Young, Donald Aaron and Cassi D.; Buyer(s): Cruickshank, Donald; Amount: $106,000; High Meadows Add 00 Blk 01-05 Norman, Lot 1, Block 4

Seller(s): Smith, Mark D. and Donna L.; Buyer(s): DeBron, Timothy A. and Catherine L.; Amount: $161,900; Prairie Creek Add 00 Blk 01-08, 10, Lot 10, Block 8

Seller(s): Owens, R. Dudley. Jr.; Buyer(s): Potter, Joe Lynn and Judy Kay Revocable Trust, Dec. 19, 2013; Amount: $429,500; Willows Addition 03, Lot 17, Block 5

Seller(s): Legacy Homes Construction LLC; Buyer(s): Brice, Kenton Scott and Ashley Marie; Amount: $175,875; Summit Lake Villas 01 Blk 01-06 PUD, Lot 3, Block 6

Seller(s): Dilks, Larry J., by Attorney In Fact and Dilks, Martha J.; Buyer(s): Dilks, Richard A. and Susan P.; Amount: $200,000; Hilltop Add Blk 01-11, A, B and Replat, Lot 37, Block 2

Seller(s): Cureton, James Charles II and Sarah Lynn; Buyer(s): Shell, Cody C.; Amount: $129,500; Shadowlake Add 02 Blk 01-03,05 and B, Lot 14, Block 1

Seller(s): Marquis Homes Inc.; Buyer(s): Hunter, Michael James and Cheryl Plaxico; Amount: $248,880; St James Park 06 Add Blk 01-04, Lot 5, Block 3

Seller(s): Ideal Homes Of Norman LP; Buyer(s): Kruse, Kolby J. and Shelby C.; Amount: $207,349; Greenleaf Trails Add 06 (Blk 1-5), Lot 2, Block 1

Seller(s): Cavalcanti, Fabio and Liane; Buyer(s): Walker, Brandon and Laura; Amount: $226,900; Talavera 02, Lot 2, Block 13

Seller(s): Ismirle, Andrea; Buyer(s): Skidmore, Heather B.; Amount: $160,000; Tecumseh Ridge 02, Lot 10, Block 1

Seller(s): Nguyen, Truong Tien and Tran, Quyunh Anh Hong; Buyer(s): Sampson, Clifford Nelson and Gina A.; Amount: $267,500; Legacy, The 06 (Blk 25-29) (Gates At Legacy VI), Lot 24, Block 27

Seller(s): Thornton, Beth and Thornton, David Keith and Maribeth Ann, aka Thornton, David Tod and Logan; Buyer(s): Moran, Lindsey N.; Amount: $134,900; Southmoor Add Blk 01-16, A (Moore), Lot 18, Block 1

Seller(s): 4 Corners Construction LLC; Buyer(s): Palms, Jeneena J.; Amount: $214,576; Hunter’s Bluff (Lot 1-28), Lot 1, Block

Seller(s): Berrios, Juan A. and Patricia A.; Buyer(s): Rogers, Korry and Carma; Amount: $254,500; Brookhaven 21B Blk 01-05, Lot 4, Block 2

Seller(s): Greer Family Trust, June 26, 2002; Buyer(s): Bittle, Spencer; Amount: $101,000; Poppy Grove Add 01 Blks 1-4, Lot 16, Block 4

Seller(s): McIntyre, James C. and Linda K.; Buyer(s): Husserl, Michael B. and Owings-Husserl, Greer Inez; Amount: $239,500; Edgemere Add 00 Blk 01-03, Lot 2, Block 2

Seller(s): Collier, Chris and Pamela D., aka Gilpin, Pamela D.; Buyer(s): Mize, Matthew Adam; Amount: $129,000; Meadow Lake Add 03 Phase 01Blk 8-10 (Replat), Lot 10, Block 8

Seller(s): Hollingsworth, Cameron and Lori M.; Buyer(s): Givens, Clinton A. and Jessica T.; Amount: $166,000; Western View 02 Blk 05-08, Lot 12, Block 6

Seller(s): Cope, Christopher and Amanda; Buyer(s): Anderson, Donna L.; Amount: $104,900; Tulls Add 01 Blk 01-14, Lot 2, Block 1

Seller(s): J1K LLC; Buyer(s): Howie, Kamm D. and Jacobson, Kyla J.; Amount: $500,000; STR: 14-10N-4W; Bounds: Part; Descript: NE

Seller(s): Howie, Kamm D. and Jacobson, Eric and Kyla J.; Buyer(s): J1K LLC; Amount: $500,000; STR: 14-10N-4W; Bounds: Part; Descript: NE

Seller(s): Otisi-West, Lillian C. and West, A. Johnathan, aka West, A. Jonathan; Buyer(s): Lehman, Gina; Amount: $186,000; Creeks At Wimberley Add 02, Lot 12, Block 10

Seller(s): Hall, Tyrone C. and Mary; Buyer(s): Harden, Jamie J.; Amount: $135,000; Southwinds 01 Blk 34-35, Lot 3A, Block 35

Seller(s): Hanson, David and Lori; Buyer(s): Cruz, Isidra and Cruz-Ovando, Isidra, aka Guevara, Carlos and Guevara-Aceval, Carlos Hernon, aka; Amount: $200,000; Brandywine Add 01 Blk 01-07, Lot 14, Block 6

Seller(s): Muirfield Inc.; Buyer(s): Di Grappa, Maxine; Amount: $369,900; Highland Village Add 07 (Blk 1-4), Lot 16, Block 3

Seller(s): Gray, Rodney G. and Janice L.; Buyer(s): Polley, Bruce and Caroline; Amount: $100,000; Southern Hills Add 00 Blk 01-04, Lot 1, Block 4

Seller(s): Holder, Deborah Dee; Buyer(s): Shields, Christopher K.; Amount: $102,000; McCalls Add Blk 01-02, Lot 9, Block 1

Seller(s): Junction Properties LLC; Buyer(s): Balan, Anthony T. and Theresa Lynn; Amount: $100,000; Newmoor Addition Blk 01-14, Lot 3, Block 2

Seller(s): Cain, Mary Ed Revocable Trust; Buyer(s): Pulido, Rodolfo and Vanessa; Amount: $164,900; Ranchwood Manor 09 Blk 09, 10-11, Lot 23, Block 9

Seller(s): Taylor, Rhonda G.; Buyer(s): Zhu, Zaidi; Amount: $125,000; Sonoma Park 04 Blk 01-02, Lot 8, Block 1

Seller(s): Fogle, Troy and Amy; Buyer(s): Paul, Michael D. and Gina; Amount: $310,000; Summit Lakes Add 06 Final Plat, Lot 3, Block 5

Seller(s): Williams, Thomas Jeffrey and Denna D.; Buyer(s): Oklahoma Financing LLC; Amount: $125,000; J D Estates Blk 01-30, Lot 31, Block 15

Seller(s): Sooner Traditions LLC; Buyer(s): Kopec, David Michael and Kalan Ashley; Amount: $266,500; Belmar North Sec 02 (Blk 8-10), Lot 43, Block 9

Seller(s): Inabnit, Richard Amos and Deanna Dawn Rippey; Buyer(s): Corcoran, Christopher K. and Marian R.; Amount: $203,000; Shroyer Green Valley Estates Blk 01-07, Lot 8, Block 5

Seller(s): Staats, Scott E. and Sara K.; Buyer(s): Stein, Nathan and Melissa; Amount: $137,900; Forest Hills South Blk 01-09, Lot 13, 14, Block 5

Seller(s): Miller, James A. and Heather D.; Buyer(s): Wyatt, Mark S. and Tammy M.; Amount: $136,000; Willow Pine Blk 05-06, Lot 1, Block 5

Seller(s): Baer Hall Homes Corp.; Buyer(s): Everett, Donald G. and Marlena C.; Amount: $269,270; Talavera 05, Lot 12, Block 35

Seller(s): Bartmess, Mattie J.; Buyer(s): Aberle, Ronnie A.; Amount: $143,000; Prairie Field Estates, Lot 3, Block 1

Seller(s): Meiser, Michael J. and Melanie J.; Buyer(s): Herskowitz, Nicholas K.; Amount: $127,000; Meadowood Estates Add Blk 01-07, Lot 10, Block 5

Seller(s): Porton, Robert William and Ashley Alysse; Buyer(s): Apperson, Erin; Amount: $100,000; Highland Add Blk 01-04 Noble, Lot 1, 2, Block 4

Seller(s): Independence Valley Properties LLC; Buyer(s): Jackson, Terry Jr. and McCormick, Meghan; Amount: $150,652; Independence Valley Add Sec 01 (Blk 1-5), Lot 9, Block 5

Seller(s): TLP Custom Homes LLC; Buyer(s): Holland, John A. and Rachel M.; Amount: $396,500; Willows Addition 04, Lot 8, Block 8

Seller(s): Moore, William E. and S. Nicole; Buyer(s): Boyd, Kevin Daniel and Katelin Elizabeth; Amount: $253,000; Trails Add 01, The Blk 01-04, Lot 3, Block 4

Seller(s): Stetson, Kirk and Lori; Buyer(s): Norris, Michael D. and Stout, Lee; Amount: $308,000; STR: 18-10N-1E; Bounds: Part aka Tract 15 Deer Creek Estates; Descript: E SW

Seller(s): Ideal Homes Of Norman LP; Buyer(s): Farris, Jean L.; Amount: $199,000; Country Place Add 11, Lot 3, Block 35

Seller(s): McAlister Construction Inc.; Buyer(s): McCorkle, Christopher M. and Sarah E.; Amount: $279,900; Avondale Add Blk 01-04, Lot 5, Block 1

Seller(s): Troche, Michael A.; Buyer(s): Adkisson, Shawn A. and Shana D.; Amount: $130,000; Deerfield Addition 03, Lot 3, Block 4

Seller(s): 89th & Bryant LLC; Buyer(s): Smith, Linda S.; Amount: $138,065; Bryant Place 02 (Blk 7-14), Lot 1, Block 7

Seller(s): Jeskey, Arlene Starwalt Living Trust; Buyer(s): Alvarez, Jose L. and Valle, Carmen; Amount: $153,500; South Lake Estates 01 Blk 01-02, Lot 17, Block 1

Seller(s): Bruce, Wanda Joan Revocable Trust, Oct. 16, 2014; Buyer(s): Lively, Rhonda L.; Amount: $135,000; Southwinds 03 Blk 39-40, Lot 13A, Block 39

Seller(s): Bank of America NA; Buyer(s): LG Leeco LLC; Amount: $134,000; Cambridge Add 00 Blk 01-13, Lot 2, Block 7

Seller(s): Pryor Enterprises Inc.; Buyer(s): Finn, Dustin Shea and Unsicker, Shelby Kayann; Amount: $125,000; Greenbriar Eastlake Estates 08 Blk 38-47, Lot 22, Block 40

Seller(s): Howell, James Kyle and Elizabeth Joy; Buyer(s): Holt, Anthony L. and Melenie A.; Amount: $113,000; Regency Park 07 Blk 62-65, Lot 11, Block 65

Seller(s): Offen, Karl H. and Sakakibara, Chie; Buyer(s): Snow, Nancy E.; Amount: $335,000; Parsons Add Blk 05-10, Lot 9, 10, 11, Block 8

Seller(s): Kim, Simon and Mija; Buyer(s): May, Christopher D. and Julie D.; Amount: $425,000; Lake Ridge 07 Blk. 20, H, Lot 2, Block 20

Seller(s): Barnett, Tom J. and Betty L.; Buyer(s): Lohrer, Douglas and Belinda J.; Amount: $120,000; STR: 31-10N-1W; Bounds: Part aka Lot 8 Hope Valley Estates; Descript: SE

Seller(s): Blue Ribbon Construction LLC; Buyer(s): Morrison, Jack L. and Janie M.; Amount: $400,200; STR: 27-10N-1W; Bounds: Part aka Tract 6 Stella Acres; Descript: NW

Seller(s): Davenport, Maurice O. Sr. and Phyllis A.; Buyer(s): Trent, William A.; Amount: $149,900; Meadow Run 3rd Add, Lot 23, Block 10

Seller(s): Cornerstone Group LLC; Buyer(s): Nusz, Christopher D.; Amount: $183,900; Williamson Farms Add 04 (Blks 26-29), Lot 3, Block 27

Seller(s): Peck, Jennifer R.; Buyer(s): Celis, Isaias Esquivel; Amount: $120,000; Wingspread Add 02 Blk 09-16, Lot 17, Block 14

Seller(s): Lemaster, Richard L. III and Ashley N.; Buyer(s): Matthews, Andrew and Kylie; Amount: $179,900; Oak Creek 03 (Moore) Blks 8-10, Lot 6, Block 8

Seller(s): Williams, Douglas Mackenzie and Paula Michelle; Buyer(s): Hampton, Michael D. and Debra V.; Amount: $165,500; Trailwoods Addition 02 PUD, Lot 17, Block 1

Seller(s): Two Structures LLC; Buyer(s): Bashan, Dror and Anat; Amount: $131,500; Kings Manor 03 Blk 12-14 (Original and Replat), Lot 6, Block 13

Seller(s): Greeson, William L. and Rita J.; Buyer(s): Green, Herman and Quinn; Amount: $249,500; Summit Valley Add, Lot 20, Block 2

Seller(s): Rhodes Justin Homes LLC; Buyer(s): Arvizo-Favela, Silvia V.; Amount: $165,000; Westmoor Add 05 Blk 26-30, Lot 4, Block 30

Seller(s): Harbor Homes Inc.; Buyer(s): Sawant, Vinayak; Amount: $202,676; Cedar Lane 01, Lot 14, Block 2

Seller(s): Fiscus, Bruce A.; Buyer(s): Price, Christopher; Amount: $163,400; Blue Stem Ridge Add 04 Amended (Blks 13-15), Lot 10, Block 13

Seller(s): Self, James F. Jr, and Teresa Kay; Buyer(s): Myers, Michael Brent and Tracy R.; Amount: $285,000; Ranchwood Manor 02 Blk 01-07 and Correction, Lot 4, Block 2

Seller(s): Ideal Homes Of Norman LP; Buyer(s): Huntington, Lois J.; Amount: $153,515; Trailwoods Addition 07 PUD Blks 1-6, Lot 14, Block 1

Seller(s): Toles, A. Raynee; Buyer(s): Rider, Charles W. II; Amount: $144,050; East Ridge Add 03 Blk 01-03, Lot 3, Block 3

Seller(s): Eberle, Thomas M. and Julia A.; Buyer(s): Smith, Laura K. and Smith, Rebecca M; Amount: $158,000; Hetherington Heights 00 Add Blk 01-03, Lot 16, Block 1

Seller(s): Jones, James J. and Linda P.; Buyer(s): Small, Jeffrey K.; Amount: $229,000; Scenic View Lot 01-12, Lot 4, Block

Seller(s): Koenig, Scott W. and Barbara; Buyer(s): Hoover, Thomas A.; Amount: $443,000; STR: 12-9N-1W; Bounds: Part aka Tract 2; Descript: SW

Seller(s): Krieger, Austin and Sarah; Buyer(s): Hicks, Joseph M. and Wiyanna L.; Amount: $109,400; Noble O T Blk 01-77, Lot 14, 15 16, Block 33

Seller(s): Crowe, Haley B. and Voyles, Matthew L. and Haley B., aka; Buyer(s): Herrera, Heron Ray and Letisia; Amount: $155,000; P B Odoms Pennsylvania Add Blk 01-03, Lot 15, Block 1

Seller(s): Oklahoma City 149th DOP VIII LLC; Buyer(s): CF Retail Properties DST VI; Amount: $1,344,418; STR: 20-10N-1W; Bounds: Part; Descript: SE

Seller(s): I-44 LLC; Buyer(s): Wal-Mart Real Estate Business Trust; Amount: $5,010,000; STR: 1-10N-4W; Bounds: Part; Descript: SW

Seller(s): Claros, Maria and Cox, Mark; Buyer(s): Holmes, Alexander and Laddor Cho Kei; Amount: $128,000; Classen-Miller Add (All), Lot 5, Block 7; Classen-Miller Add (All), Lot 6, Block 7

Seller(s): Farrell Utley Holding Co. LLC; Buyer(s): Baltes, Konrad C. and Le, Loann K.; Amount: $210,500; Norman O T Blk 01-91, Lot 1A, Block 43

Seller(s): Campus Investments LP; Buyer(s): Davis, Kelli D.; Amount: $124,000; Woodcrest Estates 05 Blk 06-08, Lot 1, Block 8

Seller(s): Busby, Scott and Glenda; Buyer(s): Gier, Dustin A.; Amount: $122,000; Edge At Norman Condos, The, Lot 112, Block 3

Seller(s): American Standard Homes LLC; Buyer(s): Tate, Theodore R.; Amount: $180,800; Summit Lakes Add 08 Blk 1-6 and Correction, Lot 1, Block 4

Seller(s): Cassens, Christina L and Morton, Jason and Christina L., aka; Buyer(s): Millsap, Fred; Amount: $116,500; J D Estates Blk 01-30, Lot 20, Block 19

Seller(s): Grider, Eric and Jennifer, aka Ward, Jennifer; Buyer(s): Cutsinger, Luke A.; Amount: $208,000; Falls, The Sec 02 (Blk 3-6), Lot 6, Block 3

Seller(s): Holland, Edward J.; Buyer(s): MUPR 3 Assets LLC; Amount: $117,000; Signal Ridge Blk 01-09, Lot 20, Block 2

Seller(s): Ideal Homes Of Norman LP; Buyer(s): Coble, Jeri; Amount: $177,968; Trailwoods Addition 07 PUD Blks 1-6, Lot 11, Block 1

Seller(s): Brayer, Michael W. and Shaleen L.; Buyer(s): Sirva Relocation Properties LLC; Amount: $490,000; Cascata Lakes 04 (Blks 15-18), Lot 13, Block 15

Seller(s): Sirva Relocation Properties LLC; Buyer(s): Erwin, Mitsuru S. and Debra; Amount: $490,000; Cascata Lakes 04 (Blks 15-18), Lot 13, Block 15

Seller(s): Owens, Justin K. and Brenda K.; Buyer(s): Voyles, Matthew Lane and Haley Brooke; Amount: $333,500; Cedar Creek Phase II, Lot 8, Block 2

Seller(s): Loeffler, Charles K. and Donna L.; Buyer(s): Loeffler, Zac and Whitney; Amount: $195,000; Red Canyon Ranch 01 (Blk 1-6), Lot 6, Block 4

Seller(s): R & R Dream Homes LLC; Buyer(s): McDuffie, Douglas Howard; Amount: $164,079; Plaza Towers Add Blk 01-11, Lot 22, Block 2

Seller(s): Seilkopf, Michael W. and Staci L.; Buyer(s): Dodds, Craig W. and Kassondra C.; Amount: $114,000; Broadway Terrace Add Blk 01-03, Lot 15, Block 2

Seller(s): Clark, Leonard L.; Buyer(s): Whiting, Eric M.; Amount: $161,500; Westland Add Blk 01-12, Lot 16, Block 3

Seller(s): Williams, Chad and Danielle; Buyer(s): Chastain, Richard A. and Glinda L.; Amount: $155,000; STR: 23-7N-1W; Bounds: Part; Descript: NW

Seller(s): Special Exploration Co. Inc.; Buyer(s): Mission Point Apartments LP; Amount: $250,000; STR: 26-10N-3W; Bounds: Part; Descript: S

Seller(s): Myers, Michael M. and Inge G.; Buyer(s): Meek, Jerimy W. and Debbie J.; Amount: $100,000; Tuscany, Lot 9, Block 1

Seller(s): Deford, David Lee and Sarah Ann; Buyer(s): Fonseca, Julio A. Jr. and Laura; Amount: $101,000; Queenston Heights 01 Blk 01-04, Lot 7, Block 1

Seller(s): Farley, Jerry and Ramona; Buyer(s): Smith, Leonard R. and Suzanne A.; Amount: $146,000; STR: 16-7N-1W; Bounds: Part; Descript: SW

Seller(s): Gudgel, Gerald L. and Sherry Gail; Buyer(s): Red Leaf Construction LLC; Amount: $325,000; STR: 35-10N-3W; Bounds: Part; Descript: SW

Seller(s): Bank Of America NA; Buyer(s): Pomona Property Investments LLC; Amount: $135,000; Stone Meadows South 03, Lot 25, Block 17

Seller(s): Blanco Properties LLC; Buyer(s): Manning, Chris A. and Manning, Johnny; Amount: $105,000; Colonial Estates 08th Blk 01-09, Lot 11, Block 9

Seller(s): Harkabus, Lisa J.; Buyer(s): Baker, Chauncey and Newman, Audra; Amount: $146,000; East Hills Add 02 Blk 01-05, A-B, Lot 11, Block 4

Seller(s): Heath, Ellen F.; Buyer(s): GAC Leasing LLC; Amount: $179,500; Greenbriar East Lake 00 Blk 01-38 (Orig and Replat), Lot 4, 5, Block 31

Seller(s): Ideal Homes Of Norman LP; Buyer(s): Seales, David L.; Amount: $207,000; Featherstone Add 07, Lot 1, Block 25

Seller(s): McNally, Matthew T and Brooke A; Buyer(s): Garrette, Christopher Brian; Amount: $137,500; East Hills Add 01 Blk 01-05, A-B and (Correction), Lot, Block B

Seller(s): McNally, Matthew T. and Brooke A.; Buyer(s): Garrette, Christophe Brian; Amount: $137,500; East Hills Add 01 Blk 01-05, A-B and (Correction), Lot, Block B

Seller(s): Askins, Dale C. 1988 Trust; Buyer(s): Shannon David W. and Cynthia L. Rev Living Trust, Nov. 12, 2012; Amount: $142,000; Apple Valley 01 Blk 01-04, Lot 14, Block 4

Seller(s): Addington, David and Nancy K., aka Lund, Nancy K.; Buyer(s): Tooman, Brandon E.; Amount: $107,000; Newmoor Addition Blk 01-14, Lot 30, Block 14

Seller(s): M. Rose Homes LLC; Buyer(s): Smith, Jack B. Jr. and Rhonda K.; Amount: $195,000; Jennings Estates 01 Blk 01-03 and Replat Blk 01, Lot 7, Block 3

Seller(s): Moses, Aaron W. and Tami J.; Buyer(s): Nivison, Karen K.; Amount: $188,000; STR: 5-10N-1W; Bounds: Part; Descript: E SW

Seller(s): Price, Matthew L. and Rebecca J.; Buyer(s): Buchanan, Steven Don; Amount: $415,000; Southern Preserve The, Phase I, Lot 8, Block 5

Seller(s): Denny, Larry DeWayne and Tiffany D.; Buyer(s): Chaffin, Brain Dean and Cassie Deann; Amount: $725,000; Cobblestone Creek Golf Club, Lot 9, Block

Seller(s): Ideal Homes Construction Inc.; Ideal Homes Of Norman LP, By; Buyer(s): Arthur, Leroy A. and Madge E.; Amount: $222,654; Greenleaf Trails Add 06 (Blk 1-5), Lot 8, Block 2

Seller(s): Chancellor, Jennifer Renee; Buyer(s): Mayer, Kendall Michael and Ashtyn Danielle; Amount: $159,000; Blue Stem Ridge Add 04 Amended (Blks 13-15), Lot 2, Block 13

Seller(s): Outland OK Office Buildings LLC; Buyer(s): Paige Scott Property LLC; Amount: $412,500; OldTowne Industrial Add, Lot 18, Block 1

Seller(s): Wheelwright, Val S. and Alene M;. Buyer(s): Harrison, Sharon L.; Amount: $132,500; East Ridge Add 00 Blk 01-03, Lot 9, Block 2

Seller(s): Henson, Jeanette; Buyer(s): Spears, Travis K.; Amount: $195,000; Falls, The Sec 01 (Blk 1-5), Lot 3, Block 1

Seller(s): First Oklahoma Construction Inc.; Buyer(s): Johnson, Janeen M.; Amount: $205,900; Summit Lakes Add 08 Blk 1-6 and Correction, Lot 3, Block 4

Seller(s): Willinger, Geoffrey Lee and Kay Scott; Buyer(s): Karami, Maryam and Karami, Mohammad; Amount: $162,000; Rock Creek Polo Club 03 Blk 01-03, Lot 5, Block 2

Seller(s): Garrison, Tommy and Vicky S.; Buyer(s): Sante, Natalie K.; Amount: $128,900; STR: 21-8N-2W; Bounds: Part; Descript: SW NE

 

— Transcript Staff

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