Apartment Finder Generates over 1 Million Social Connections for Property Managers

In just a year, Apartment Finder, the leading source of critical information for apartment seekers in the multi-family industry, has significantly expanded the digital footprint and delivered measurable ROI to its CommunitySherpa social media marketing service customers. In fact, since its launch at the National Apartment Association Annual Conference in June 2009, CommunitySherpa marks a major milestone of one million social connections generated, a feat never before accomplished in the apartment industry. By driving engagement and increasing the reach of customers’ online presence, CommunitySherpa is the latest component of Apartment Finder’s revolutionary prospect-focused distribution strategy to maximize quality Internet traffic to advertisers.

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Archstone Apartments Announces Winner of Go Green

Archstone, a leader in apartment investment and operations, announced Nikita Bell of Atlanta, Georgia, as the winner of a smart fortwo pure coupe in the “Archstone 2010 Go Green, Get Smart Contest.” The eco-friendly vehicle giveaway was part of Archstone’s national “Earth Day Leasing Expo,” which encouraged residents and the community to adopt eco-friendly lifestyles.

Bell, a new resident of Archstone’s Westchester at Clairmont apartments in Atlanta, was surprised with the news as she was greeted by Archstone representatives who presented her with a brand-new, 2009 smart fortwo pure coupe. A local television news station was on site to capture her reaction.

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LifeShield Secures $11 Million in Funding

LifeShield Security, the world’s first all digital home security system today announced the closing of its second round of funding. Formerly InGrid Home Security, LifeShield is the first national, professional grade and professionally monitored wireless security system that is easy to set up through a simple “plug and protect” process. LifeShield boasts superior protection and the best value in home security.

Since December 2009, LifeShield has raised nearly $11 million in business enterprise funding through two separate funding events. First round investors were Associated Partners, CenterPoint Ventures, Novak Biddle Venture Partners, Novitas Capital and former NutriSystem CEO Michael Hagan. Second round investors include earlier investors Associated Partners, CenterPoint Ventures, Novitas Capital, and Michael Hagan, with new additional funding coming from First Round Capital, MHS Capital, and NewSpring Growth Capital.

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CN Dragon Corporation Acquires China Lodging Development Business

CN Dragon Corporation announced on May 21, 2010, the acquisition of CNDC Corporation (“CNDC”), a diversified lodging development, management and consulting group. CNDC is engaged in the investment and development of upscale hotels, resorts, residential and commercial properties throughout China.

According to management, CNDC’s growth strategy is directed towards establishing the company’s lodging business, through placing strategic investments in China’s fast emerging second-tier cities. The company’s target within the next 12 months is to acquire parcels of land in China to develop into luxury lodging and commercial properties; offering upscale real estate and hospitality services to savvy investors and consumers. The company plans to achieve this through utilizing its established network in the property and hospitality industries, which it has built over the years through its hotel consulting business.

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Inland Real Estate Acquisitions, Inc. Announces the Purchase of Shopping Centers in Utah and Louisiana

Inland Real Estate Acquisitions announced today the $67 million acquisition of two high quality shopping centers on behalf of Inland Diversified Real Estate Trust, Inc. (“Inland Diversified”). Draper Crossing in Draper, Utah, a 166,845-square-foot grocery-anchored shopping center, was purchased for $23.5 million. Regal Court in Shreveport, La. a 343,457-square-foot shopping center anchored by JC Penny, was acquired for $43.5 million.

Located around 20 miles from Salt Lake City at the foot of the Rocky Mountains, Draper Crossing was constructed in 1998 and expanded in 2003. The shopping center was 96 percent leased at closing and is anchored by Smith’s Food & Drug, a subsidiary of Kroger, one of the nation’s largest retail food companies. Other tenants include TJ Maxx, Quizno’s and AllState.

“Draper Crossing is a wonderful property to mark our entry into the Western U.S.,” Lazarus said. “The Utah job market has remained strong, particularly in Salt Lake City. Draper Crossing is in one of Salt Lake Valley’s largest and fastest-growing east-side retail corridors and we’re currently considering additional acquisitions in the area.”

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Who is a Real Estate Broker or Real Estate Agent?

A real estate broker is a person or organization whose business is to market real estate on behalf of clients, but there are significant differences between the actions and liabilities of brokers and estate agents in each country. In the United States the term real estate broker is used while they are called real estate agent in Canada or an Estate Agent in the United Kingdom.

In the US, real estate brokers and their salespersons who are commonly called “real estate agents” or, in some states, “brokers”, will assist sellers in marketing their property and selling it for the highest possible price under the best terms. When acting as a Buyer’s agent with a signed agreement, or in many cases verbal agreement, although a broker may not be legally entitled to his commission unless the agreement is in writing), they assist buyers by helping them purchase property for the lowest possible price under the best terms. Without a signed agreement, brokers may assist buyers in the acquisition of property but still represent the seller and the seller’s interests.

Source: WikiPedia

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