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Need Real Estate Help? – Los Angeles, CA Patch

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Are you looking to buy, sell or rent in the South Pasadena School District? Would you like to work with a professional who has lived in South Pasadena for over 20 years?

Derek Vaughan (lic. 02028279) with SouthPasadenaHomes.com and Dilbeck Real Estate is an expert in South Pasadena real estate and can help you reach your dreams.

Both of my children went all the way through the South Pasadena school system from Arroyo Vista to South Pasadena Middle School to South Pasadena High School.

It is my goal to help anyone who needs to learn more about selling, buying or the community of South Pasadena. I specialize in the local area.

If you’d like to see if I can help you – call me anytime at: (626) 437-6800 or email me at: Derek@SouthPasadenaHomes.com.

Click here if you want to know what it’s like to buy a home during the coronavirus pandemic.

I look forward to meeting you and learning about your South Pasadena dreams.

Derek

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JM Real Estate, Inc., Acquired by Property Management Company Tzadik Management, Further Expanding the Company

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MIAMI, July 06, 2020 (GLOBE NEWSWIRE) — JM Real Estate, Inc., a full-service commercial property management, leasing and sales company based in Brevard County, Florida, was acquired by Tzadik Management, an industry-leading, multi-family property management company based in Miami-Dade County, Florida and in Sioux Falls, South Dakota. The acquisition includes management contracts for 60 locations, totaling over 2.5 million square feet of retail, office, medical and industrial-type properties.  

“We are thrilled to join our principles with Tzadik Management, a larger management company, and continue to expand outside our local market,” said Jewel McDonald, broker/director of Brokerage Services for JM Real Estate, Inc. “This acquisition allows us to stay competitive with today’s technological advancements in commercial property management and brokerage activities.”

JM Real Estate, Inc., which was founded in 1997, has a current portfolio of approximately 2.5 million square feet and an estimated value of more than $300 million. It has been involved in millions of square feet of acquisitions and dispositions of commercial investment properties, primarily multi-tenant office and retail spaces. The company has also been involved in development projects, and ultimately disposition spanning the full spectrum of commercial investment real estate.

This marks the first acquisition in 2020 for Tzadik Management, a rapidly growing and innovative company. While Tzadik Management currently owns and manages commercial real estate nationwide, this is the first time the company has acquired a commercial brokerage real estate firm. JM Real Estate, Inc., has thrived in its local market of Melbourne, Florida, and Tzadik Management has been successful at expanding and branching into new markets. This acquisition allows for a strong, full-service real estate company, that offers both residential and commercial services.

A few of the projects that Tzadik Management currently manages are Tzadik Bay in Daytona Beach, Florida; and City View Apartments in Omaha, Nebraska.  

JM Real Estate, Inc., has recently leased or sold several high-profile properties. These include a new management contract for Shoppes of Minton in West Melbourne, Florida; a renewal with Ross Stores and TGI Fridays in the Best Buy Plaza in Melbourne, Florida; and significant leases in the Rialto Place Office Tower for L3 Harris in Melbourne, Florida.

As the market begins to turn via receivership and third-party opportunities, Tzadik Management is poised to acquire assets. Since being founded in 2007, Tzadik Management has managed more than $1 billion in apartment complexes, over 15 million square feet of commercial real estate, and more than 19,000 units in over 20 states.

In 2020, Tzadik Management will continue to strategically target property management partners whose core values align with its own, while also expanding its real estate investments in the Upper Midwest and other special circumstance acquisitions.

Overseeing the onboarding and transition for the acquisition is Christina Alletto, chief people officer with Tzadik Management and president of JM Real Estate, Inc.

“We look forward to this integration and building on an already stellar reputation,” said Alletto. “Through excellent management, a focus on company culture, and a tech-driven style of operating, we are pleased to bring a new level of automation and customer service to the JM team.”

About Tzadik Management and JM Real Estate, Inc.

Tzadik Management is a growing, innovative and driven real estate and property management company based in Miami, Florida and Sioux Falls, South Dakota. Since its formation in 2007, Tzadik has managed more than $1 billion in apartment complexes, over 15 million square feet of commercial real estate and more than 19,000 units in over 20 states. Tzadik acquired JM Real Estate, Inc., a full-service, commercial property management, leasing, sales and investment acquisition company that is located in Brevard County, Florida. JM specializes in multi-tenant office, retail, medical and industrial properties, and serves from Titusville to Palm Bay. JM has represented millions of square feet of acquisitions and dispositions of commercial investment properties, primarily multi-tenant office and retail. For more information about Tzadik, visit https://tz-m.com or call (305) 770-6383. For more information about JM Real Estate, Inc., visit www.JMRealEstate.com or call (321) 242-2882.

Contact:
Durée & Company, Inc.
954-723-9350
tzadik@dureeandcompany.com 

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Bruno Junqueira’s Journey From Race Car Driver To Real Estate

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Miami-based Coldwell Banker agent Bruno Junqueira shares how the lessons he learned in Formula One fuel his drive to succeed in real estate.

Bruno Junqueira’s real estate journey has been a winding road, beginning his career as an investor when the housing market crashed in late 2008. However, the Coldwell Banker agent was unafraid of the risks: He’d spent 22 years navigating some of the world’s most dangerous tracks as a professional race car driver.

“I was able to buy, with the money that I had from racing, a few properties here in Miami as an investment,” he told Inman. “I started to do very well and learn about real estate and [enjoy] it.”

He got his real estate license in 2014, and his first deals were selling his own properties. “Then I sold a very nice house for one of my friends,” he added. “I became more involved in real estate, and today, I spend most of my time working in real estate and growing my career as a Realtor.”

Photo courtesy of Bruno Junqueira.

Although Junqueira no longer races professionally, the lessons he learned from 33 years in the racing world are never far behind as he aims to take pole position in Miami’s competitive real estate scene.

“I started racing when I was 10 years old, and I’m 43 now, so it’s been a whole life of racing,” he said. “I had a very successful racing career; I won many races and big championships. I was a Formula One test driver, so I was on the top of the world of racing.”

“We all [had] the same goal to perform at the best level and to try to win,” he added. “I think that’s the No. 1 thing I learned about racing that I use in everything in my life.”

“In real estate, when I do a deal, I try to win the deal,” he continued. “Doing a deal creates excitement, it’s a challenge to make it happen and it’s like winning a race.”

Beyond developing a competitive spirit and ironclad work ethic, Junqueira said racing helped him gain an appreciation of different cultures, as he spent much of his teens and 20s jet setting from continent to continent for Formula One.

“I was able to travel the whole world for racing,” he said, recounting his experiences racing in Mexico, Australia and Japan, and his time living in Brazil, Italy and England, all of which he says helps him to connect to Miami’s international clientele.

“The No. 1 thing I learned in England is to be on time,” he said while laughing. “You have to be there five minutes before to be on time [in England]. So I always try to be ahead of time.”

“If there’s someone from Italy, I can say I lived there. If someone is from Australia, I can say I raced in Surfer’s Paradise. All those places where I raced, where I had fun — that helps me,” he added. “When I was racing, I could learn a little bit about the culture of the place, and when I meet people from those places, that bit of knowledge that I have helps me to know the client better.”

Even though racing will always be his first love, Junqueira said his love of real estate is just as deep.

“I did a year and a half of engineering in Brazil before I moved to Europe, so if I hadn’t become a race car driver, I probably would have become a builder or something like that,” he said. “I’ve always had a connection to real estate.”

“My dad owned a construction company, my mom is an architect and my wife is an architect, so I’m surrounded by real estate people,” he added. “I enjoy the investment side and the numbers, so real estate combined what I love. It’s a perfect match for me.”

Email Marian McPherson

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Jennifer Lopez and Alex Rodriguez add to their real estate collection with $1.4m Encino cottage

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They already own lavish homes in Miami, New York and Bel Air. 

But Jennifer Lopez and Alex Rodriguez splashed down $1.4m on a small cottage in the Los Angeles of suburb of Encino in the San Fernando Valley. 

The home boasts a modest 2,202 square feet with three bedrooms and two and a half bathrooms, as Variety reports on Sunday. 

New buy: Jennifer Lopez and Alex Rodriguez splashed down $1.4m on a small cottage in the Los Angeles of suburb of Encino in the San Fernando Valley, Variety reported Sunday (pictured in January 2020)

New buy: Jennifer Lopez and Alex Rodriguez splashed down $1.4m on a small cottage in the Los Angeles of suburb of Encino in the San Fernando Valley, Variety reported Sunday (pictured in January 2020)

Lopez, 50, officially bought the property, which appears to be an investment or for a family member as she already owns a lavish estate in the area. 

The new residential property was build in 1948, and shows a newly renovated interior inside the cream-colored single-story. 

Inside the front doors, the home opens to an open floor plan with a combination living and dining room with light hardwood floors. 

The combo rooms has high ceilings, with vaulted dark wood ceiling over the dining table, recessed lighting and ceiling fans. 

Fresh interior: The new residential property was build in 1948, and shows a newly renovated interior inside the cream-colored single-story

Fresh interior: The new residential property was build in 1948, and shows a newly renovated interior inside the cream-colored single-story 

Open concept: Inside the front doors, the home opens to an open floor plan with a combination living and dining room with light hardwood floors

Open concept: Inside the front doors, the home opens to an open floor plan with a combination living and dining room with light hardwood floors 

Investment: Lopez, 50, officially bought the property, which appears to be an investment or for a family member as she already owns a lavish estate in the area

Investment: Lopez, 50, officially bought the property, which appears to be an investment or for a family member as she already owns a lavish estate in the area

On two walls in the dining room, large windows let in plenty of natural light. 

The living room portion of the room also featured four black pane windows that over look the front yard, as the all white walls bounce the light. 

While the kitchen, which is accessed off the dining room, keeps the same hardwood floors, with white stone counter tops, grey cabinetry, a large center island and stainless steel appliances.  

A large black frame window looks out over the sink to the backyard and french doors connect the kitchen to a covered patio. 

Natural light: On two walls in the dining room, large windows let in plenty of natural light. The living room portion of the room also featured four black pane windows that over look the front yard, as the all white walls bounce the light

Natural light: On two walls in the dining room, large windows let in plenty of natural light. The living room portion of the room also featured four black pane windows that over look the front yard, as the all white walls bounce the light 

Cooking space: While the kitchen, which is accessed off the dining room, keeps the same hardwood floors, with white stone counter tops, grey cabinetry, a large center island and stainless steel appliances

Cooking space: While the kitchen, which is accessed off the dining room, keeps the same hardwood floors, with white stone counter tops, grey cabinetry, a large center island and stainless steel appliances

Outdoor living: A large black frame window looks out over the sink to the backyard and french doors connect the kitchen to a covered patio

 Outdoor living: A large black frame window looks out over the sink to the backyard and french doors connect the kitchen to a covered patio 

Guest space: Two guest bedrooms enjoy large in wall closets

Guest space: Two guest bedrooms enjoy large in wall closets 

Shared: The guest rooms share a spacious bathroom, with a double vanity, and combination shower and tub

Shared: The guest rooms share a spacious bathroom, with a double vanity, and combination shower and tub 

Half bath: The half bathroom is easily accessed from the living space and provides one vanity and a toilet

Half bath: The half bathroom is easily accessed from the living space and provides one vanity and a toilet 

Two guest bedrooms enjoy large in wall closets, and share a spacious bathroom, with a double vanity, and combination shower and tub. 

While the master suite boasts vaulted wood ceilings and a dual vanity master ensuite with a standalone stone shower stall and single porcelain tub. 

The master retreat also features two closets, one being a large walk-in with built in shelving.  

Outside, the patio features room for living furniture and a gated driveway and garage. 

Master retreat: While the master suite boasts vaulted wood ceilings and natural light

Master retreat: While the master suite boasts vaulted wood ceilings and natural light

Ensuite: The master bath features dual vanity master ensuite with a standalone stone shower stall and single porcelain tub

Ensuite: The master bath features dual vanity master ensuite with a standalone stone shower stall and single porcelain tub

Walk in: The master retreat also features two closets, one being a large walk-in with built in shelving

Walk in: The master retreat also features two closets, one being a large walk-in with built in shelving 

Gated: Outside, the patio features room for living furniture and a gated driveway and garage

Gated: Outside, the patio features room for living furniture and a gated driveway and garage 

Behind the garage sits a 200 square foot office, that Variety noted was unpermitted, sitting on the corner lot’s .13acres.  

The Let’s Get Loud singer still owns a $28m estate in nearby Bel Air, as well as a $20m penthouse in Manhattan, an estate in the Hamptons, and an ocean-front home in Malibu. 

While the former Yankee owns a home a large estate in Miami. 

The couple started dating in early 2017 and announced their engagement in March 2019.  

Not in the plans: Behind the garage sits a 200 square foot office, that Variety noted was unpermitted, sitting on the corner lot's .13acres

Not in the plans: Behind the garage sits a 200 square foot office, that Variety noted was unpermitted, sitting on the corner lot’s .13acres 

Modest: The Let's Get Loud singer still owns a $28m estate in nearby Bel Air, as well as a $20m penthouse in Manhattan, an estate in the Hamptons, and an ocean-front home in Malibu

Modest: The Let’s Get Loud singer still owns a $28m estate in nearby Bel Air, as well as a $20m penthouse in Manhattan, an estate in the Hamptons, and an ocean-front home in Malibu 

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