House Passes National Flood Insurance Program
Washington, DC - July 16, 2010 - (RealEstateRama) -- The US House passed H.R. 5114, the Flood Insurance Reform Priorities Act of 2010. H.R. 5114 will reauthorize and improve the National Flood Insurance Program (NFIP), which is the primary source of reliable, affordable flood insurance coverage for millions of American homes and businesses. The bill includes an amendment by Congressman Scott to allow NFIP premiums to be paid in installments.Full article: House Passes National Flood Insurance Program ...
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- CBRE ARRANGES $250M IN FINANCING FOR HESS TOWER
Houston, TX - January 31, 2012 - (RealEstateRama) -- CBRE has arranged $250.0M in debt financing for the acquisition of Hess Tower, a 844,736-square-foot, Class AA trophy office asset in the Houston CBD. CBRE Capital Markets Senior Vice President Michael Strober worked on behalf of the borrower, H&R REIT to secure the eight-year, fixed-rate loan at 4.5% per annum through Pacific Life Insurance Company. Strober, based in Tampa, FL, was joined in representing H&R REIT by Bernard Branca and Greg Greene of CBRE Capital Markets in Houston and Dallas, respectively.
- CampusMBA Extends Partnership with Insurance Advisors to Offer New Live Online Workshops for Commercial/Multifamily Professionals
WASHINGTON, D.C. - January 19, 2012 - (RealEstateRama) -- CampusMBA, the award-winning education division of the Mortgage Bankers Association (MBA), today announced it has extended its partnership with Stamford, Connecticut-based Insurance Advisors LLC. Under the agreement CampusMBA, in conjunction with Insurance Advisors, will continue to offer live online workshops addressing a variety of insurance issues for commercial/multifamily real estate loans.
- Swig Equities Closes Lease with Situs Holdings, LLC at 48 Wall Street
New York, NY - January 11, 2012 - (RealEstateRama) -- Kent M. Swig, President of Swig Equities, LLC and owner of the landmark building at 48 Wall Street, announced the signing of a new lease for Situs Holdings, LLC who will occupy 13,650 square feet on the entire 14th floor. With this new lease, the building has now reached 88% occupancy
- Attorney General Pam Bondi Sues Two Foreclosure Management Companies for Defrauding Homeowners Facing Foreclosure
TALLAHASSEE, FL - January 5, 2012 - (RealEstateRama) -- Attorney General Pam Bondi filed a lawsuit and obtained a temporary injunction and limited asset freeze against two foreclosure management companies for misleading distressed homeowners. MGD Manag...
- Leading Real Estate Companies of the World® Introduces Association Insurance Marketplace
CHICAGO, IL - December 14, 2011 - (RealEstateRama) -- Leading Real Estate Companies of the World® has joined forces with Colonial Life to offer network members a single source for health, life and personal insurance for both employees and sales associates.
- Governor Bobby Jindal Announces the Reappointment of Eugene Montgomery to the Louisiana Citizens Property Insurance Corporation Board of Directors
BATON ROUGE, LA - December 7, 2011 - (RealEstateRama) -- Today, Governor Bobby Jindal announced the reappointment of Eugene Montgomery to the Louisiana Citizens Property Insurance Corporation Board of Directors.
- Following Toledo Blade Report on City’s Abandoned Home Crisis, Brown Raises Concerns With Federal Housing Administration Nominee, Renews Call to Pass Project Rebuild
WASHINGTON, D.C. - November 14, 2011 - (RealEstateRama) -- Following a report in the Toledo Blade showing that the City of Toledo is on track to raze a record number of abandoned houses this year, U.S. Sen. Sherrod Brown (D-OH) renewed his call for Con...
