Brenner: Press Release

Brenner Real Estate Group Appointed as Receiver in Vero Beach

Added 5/18/10 by Brenner Real Estate Group

VERO BEACH, FL - Brenner Real Estate Group, a full service commercial real estate firm headquartered in Fort Lauderdale with offices in Melbourne, FL, has announced a new court-appointed receivership in Florida for a land parcel in Vero Beach.

*Vero Beach Land ReceivershipScott Brenner, Esq., SIOR, CCIM, RPA has been appointed by the Circuit Court of the 19th Judicial Circuit in and for Indian River County on April 12, 2010 as Receiver for 19.9 acres of land approximately .18 miles east of US 1 on 73rd Street, Vero Beach, Florida, 32967, Case No. 20090465-CA09. The lender foreclosing its mortgage is CIB Marine Capital, LLC. The property was intended for a single family residential development called “Orchid Landing” to consist of 45 residential lots. Mr. Brenner and Brenner Real Estate Group will provide property management, financial accounting, permitting, marketing, solutions management and property stabilization.

Scott Brenner noted, “Our goal is to secure the development entitlements and properly position the property for future sale.”

Brenner Real Estate Group is a full-service commercial real estate firm providing asset solutions, brokerage, development, sales investment, property management, asset management, and receivership services for office, multi-family, industrial/commercial, and retail properties. The firm has been serving Florida since 1987.

For more information, visit Brenner Real Estate Group on the web at www.breg.net, or contact the firm in Fort Lauderdale at 1500 West Cypress Creek Road, Suite 409, 954.596.5555, or in Melbourne at 6767 North Wickham Road, Suite 400, Melbourne, FL 32940, 321.242.4575.

 

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