BUSINESS BRIEFS 6/14/2013

Posted on Friday, June 14th, 2013

Apartments sold

Joey Gilkerson, Advisor with Sperry Van Ness-Miller Commercial Real Estate in Salisbury, sold Autumn Apartments for $1.13 million. He represented both the buyer, an investment firm from New Jersey, and seller, who is retiring to the Caribbean, in the sale.

Bradley Gillis, Certified Commercial Investment Member, and Tom Knopp, also of SVN-Miller, served as co-brokers.

Autumn Apartments is a 28-unit apartment complex with an average annual occupancy of 97.3 percent. The majority of tenants are employed at the local Mountaire Farms plant.

“This is a perfect example of …

BUSINESS BRIEFS 6/7/2013

Posted on Friday, June 7th, 2013

Re/Max top producers

Re/Max Premier Properties announced that the top producers for the month of May are, once again, the same person as in the previous two months.

Marlene Ott was the top listing producer and top of the sales heap with more than $1.5 million sold. The company also welcomed Courtney Ritter as its newest agent in the Ocean City office.

Joins Long & Foster

Long & Foster has announced the affiliation of Jaime Cortes as a sales associate in its Salisbury office at 1315 Mt. Hermon Rd.

Cortes, a professional in the real estate industry for the past 7 years, was a top lister/seller…

BUSINESS BRIEFS 5/31/2013

Posted on Friday, May 31st, 2013

Karen Bresnahan

• Not your ordinary Coke machine –Johnny’s Pizza has installed the new Coca Cola Freestyle soda machine, which has won numerous innovation awards for its ability to produce more than 100 flavor combinations, including more than 70 non-calorie selections.

In addition, the computer-driven machine has its own app that automatically orders its own supplies as they are running low. Johnny’s Pizza is on 56th Street and Coastal Highway. Showing off the new machine is Karen Bresnahan.

• SLOW APRIL – Did it seem a little slower and quieter than usual last month?…

BUSINESS BRIEFS 5/24/2013

Posted on Friday, May 24th, 2013

Sales increase

Hileman Real Estate reports that the 2013 real estate market is off to a great start. According to production reports in the local multiple listing service, sales year to date are almost $9 million or 17 percent up over the same period last year.

The top sales agent year to date is Bethany Drew of the Power of Two Team with approximately $3 million in closed volume. The company also has five agents that have closed more than $1 million in volume as opposed to $2 million for the same period last year. Inventory is down and it is becoming harder for buyers to find properties at deep discounts.…

Business Briefs 5/17/2013

Posted on Friday, May 17th, 2013

Hileman reports year off to great start

According to production reports in the local MLS, Hileman Real Estate, Inc. agents have closed almost $9 million in volume year to date, up 17 percent for same period last year, and closed 49 units, up 12 percent from last year.

The Top Sales Agent YTD is Bethany Drew of the Power of Two Team with approximately $3 million in closed volume. Five Hileman agents that have closed more than $1 million in volume, as opposed to just two for the same period last year.

Hileman also reports that inventory is down and it is becoming harder for buyers to find properties at …

Ott, O’Malley and Brennan top agents

Posted on Friday, May 10th, 2013

(May 10, 2013) Broker Dr. Carl E. Ortman of RE/MAX Premier Properties has announced that, for the second consecutive month, Marlene Ott is the company’s the top producer for listings and sales. Ott works in the Ocean Pines office.

Edie Brennan and Mary Ann O’Malley of the Ocean City office were the respective winners for top producers for that office.…