Monthly Archives: August 2010

Boston, MA - August 30, 2010 - (RealEstateRama) -- For the sixth year in a row, Staples, Inc., the worlds’ largest office supply company, based in Framingham, Mass., is being recognized by EPA as one of the top 50 organizations taking voluntary steps to use and purchase green power. Staples purchases more than 146 million kilowatt-hours (kWh) of green power annually, which is enough green power to meet more than 20 percent of the organization’s purchased electricity use. The company is also a member of the Green Power Leadership Club, a distinction given to organizations that have significantly exceeded EPA’s minimum purchase requirements.

Washington D.C. - August 30, 2010 - (RealEstateRama) -- Today, U.S. Senator Charles E. Schumer announced that the City of Jamestown has been awarded $1,940,046 in housing grants from the U.S. Department of Housing and Urban Development (HUD).

MINNEAPOLIS, MI - August 30, 2010 - (RealEstateRama) — United Properties announces the following retail real estate transactions completed in Denver and Colorado Springs.

McLean, VA - August 30, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today named Subha V. Barry to the position of chief diversity officer (CDO). In this position, Barry will lead the company's newly formed Office of Diversity and Inclusion, with overall responsibility for the combined functions of Diversity and Inclusion and Supplier Diversity. She will be responsible for developing business strategies focused on the needs of a diverse workforce, working closely with other members of Freddie Mac's senior management team to ensure the company is effectively utilizing diverse talent (both within its employee base and its suppliers), enhance the annual diversity planning process and manage performance against the company's diversity plans. Barry will also design and launch the new Executive Diversity Council. She will report directly to CEO Charles E. "Ed" Haldeman, Jr., with whom she will jointly lead the Executive Diversity Council, and will be a member of Freddie Mac's management committee. In addition, Barry will work with Freddie Mac's business units to ensure the maximization of opportunities in diverse market segments

New York, N.Y. - August 30, 2010 - (RealEstateRama) -- Turner Construction Company announced that the Third Quarter 2010 Turner Building Cost Index remains unchanged from the second quarter of 2010. The Turner Building Cost Index measures costs in the non-residential building construction market in the United States. The Turner Building Cost Index value is 798 for the Third Quarter of 2010. This reflects a 2.68% decrease from the Third Quarter 2009 and an overall decline of 13.16% over the past two years

San Antonio, TX - August 30, 2010 - (RealEstateRama) -- USAA Real Estate Company announced today the successful conclusion of fundraising for the US Government Building Fund, LLC. The Fund has raised $546 million in direct and indirect equity commitments from USAA and six institutional investors including domestic and foreign pension funds and insurance companies.

Anaheim, CA - August 30, 2010 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $5.1 million sales transaction for a 52,000-square-foot industrial building located at 4240 E. La Palma in Anaheim, Calif.

Westwood, CA - August 30, 2010 - (RealEstateRama) -- Hamid Soroudi and Ramin Gheitanchi of Charles Dunn Company’s West Los Angeles office recently closed a 24-unit luxury apartment deal for $6.35 million.

Destin, FL - August 30, 2010 - (RealEstateRama) -- An over-whelming majority of respondents surveyed do not trust bankers to have their best interests in mind, according to a new Housing Predictor opinion poll. The finding was the strongest evidence yet that the foreclosure epidemic and the financial crisis harming the U.S. economy are being blamed on the financial industry.

Scottsdale, AZ - August 27, 2010 - (RealEstateRama) -- Nicholas McConnell with Coldwell Banker in Scottsdale, Arizona is the first Realtor you want to speak with when thinking about doing a short sale. A short sale is when a home owner sells a property at a price below the amount of the mortgage obtained by the home owner. It is absolutely, positively, one hundred percent imperative that you use a Realtor that knows how to conduct a short sale property on your behalf. If you use a Realtor that does not know what they are doing, chances are the short sale will not go through.

New York, NY - August 27, 2010 - (RealEstateRama) -- PREET BHARARA, the United States Attorney for the Southern District of New York, announced that RAVI PERSAUD,

Albany, NY - August 27, 2010 - (RealEstateRama) -- Governor David A. Paterson today announced $119 million in housing and community renewal awards to help communities across the State develop affordable housing, revitalize downtowns, and upgrade water and sewer systems.

Las Vegas, NV - August 27, 2010 - (RealEstateRama) -- The Ballen Group, a top team of Las Vegas Short Sale Specialists under the brokerage Coldwell Banker Wardley Las Vegas Real Estate has put together a comprehensive Las Vegas Short sale system for sellers. Homeowners who are facing Las Vegas foreclosure can request a Las Vegas Short Sale Agent, Henderson Short Sale Agent, or North Las Vegas Short Sale Specialist to consult with them about their needs. In addition, Coldwell Banker Wardley has created a custom hardship package allowing the homeowner to complete the documents required by the bank to ease the process. Although The Ballen Group never encourages a Las Vegas Short Sale, many homeowners in Las Vegas and surrounding areas are facing true hardships that force them to attempt a Short Sale rather than face Las Vegas Foreclosure.

Meriden, CT - August 27, 2010 - (RealEstateRama) CT REIA and Mark Klee presents: Cash In On The Bankruptcy Goldmine August 28 - 9:00am to 3:00pm Four Points Sheraton. 275 Research Parkway. Meriden, CT $29 (and bring a guest for Free)

STATEHOUSE, IN - August 27, 2010 - (RealEstateRama) -- Foreclosures are still a major concern for many homeowners and neighborhoods across Indiana with lenders taking action against another 4,876 borrowers in July, state figures showed.

ONTARIO, CA - August 27, 2010 - (RealEstateRama) -- CT Realty Investors (www.ctrinvestors.com) of Aliso Viejo, Calif., has acquired the Archibald Business Center in Ontario, Calif., for $9.5 million. The property was purchased from Bixby Land Co. through a joint venture between CT Realty and Dallas-based Behringer Harvard Opportunity REIT II Inc

EUGENE, OR - August 27, 2010 - (RealEstateRama) -- IDX, Inc. is pleased to announce that Linda Granata, of the Jackie Sweet Team in Naples, Florida, has updated her real estate website with IDX Broker software. Now, Sunshine MLS (SSMLS) listings are seamlessly displayed on her website, giving home seekers the most comprehensive database of listings around. Granata has a reputation of delivering her clients a successful and pleasant property purchasing experience, and now her professional website reflects that idea.

August 27, 2010 - (RealEstateRama) — Gov. Bill Ritter announced today 23 New Energy Economic Development (NEED) grants to recipients across Colorado for renewable energy and energy efficiency projects that will help create and retain jobs, strengthen local economies, and save money and energy.

EUGENE, OR - August 27, 2010 - (RealEstateRama) -- Ed Hardey, of Integrity Real Estate Group, has adopted the IDX, Inc. dynamic IDX Broker software for his professional website, bringing thousands of Metrolist Denver (MTOMLS) listings to the fingertips of home seekers around Colorado and the nation. With the revolutionary technology the newly upgraded website bolsters, his clients can experience the most comprehensive and efficient online property search available. Hardey has long been dedicated to helping home seekers find the best home at the best price, and his recent IDX addition only reinforces his commitment to serving his clients in the best possible way

WASHINGTON, D.C. - August 27, 2010 - (RealEstateRama) -- One in seven homeowners is past due on their mortgage or in foreclosure, according to the Mortgage Bankers Association’s latest report on home loan delinquencies. The report shows that mortgage delinquencies rose during the second quarter, and, overall, one in seven borrowers is delinquent or in foreclosure. That’s up from one in eight a year ago and one in 11 two years ago. Although there was a dip in the share of homes in foreclosure, the report shows that the foreclosure epidemic continues, with millions of homes still at risk

LAREDO, TX - August 27, 2010 - (RealEstateRama) -- Texans who have flooded homes as a result of Hurricane Alex may also find themselves facing the growth of mold. Disaster recovery specialists from the Federal Emergency Management Agency (FEMA) and the Texas Division of Emergency Management (TDEM) caution that the health effects from mold can be severe for those with pre-existing health conditions such as allergies and asthma

WASHINGTON, DC - August 27, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today awarded nearly $312 million to 13 states to invest in efforts to reduce the human, physical, and economic toll of future disasters. The grants announced today are provided through HUD's Disaster Recovery Enhancement Fund (DREF) and are intended to encourage states to undertake activities and long-term strategies that focus on reducing damages from future natural disasters.

WEST DES MOINES, IA - August 27, 2010 - (RealEstateRama) -- More than 10,000 Iowans are expected to seek federal assistance for their losses from the severe storms and flooding that began June 1, according to disaster recovery officials.

Manchester, N.H. - August 27, 2010 - (RealEstateRama) -- At an event with homeowners and workers who benefited from the program, today in Manchester, New Hampshire, Vice President Joe Biden announced a major Recovery Act milestone - the weatherizing of 200,000 homes under the Recovery Act. As a result of the Administration's unprecedented commitment to energy efficiency, more than 200,000 low-income families have been able to save money on their energy bills while saving energy, and thousands of people have been put to work.

WASHINGTON, D.C. - August 27, 2010 - (RealEstateRama) -- The Federal Trade Commission, the nation’s consumer protection agency, offered these tips for people who seek to sell their timeshare through real estate brokers and agents that specialize in reselling timeshares

FOX LAKE, IL - August 26, 2010 - (RealEstateRama) -- Built as a result of nearly $3 million in financing through the State of Illinois, a new development of 100 rental homes for low-income seniors officially opened today in north suburban Fox Lake. An estimated 150 jobs were created during the construction of Thomas Place Fox Lake

Bridgeport, CT - August 26, 2010 - (RealEstateRama) -- Nearly one in 12 homeowners in Connecticut in foreclosure or more than 90 days late on their mortgage payments, according to a recent report issued by the foreclosure-tracking firm RealtyTrac. Connecticut currently has the 20th highest foreclosure rate in the country, and the city of Bridgeport has the highest rate of any city in the state, with 98 new foreclosure actions initiated in July alone

Washington, D.C. - August 26, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it is making $189 million in grants available through a pair of programs that aim to revitalize community quality of life. The Choice Neighborhoods FY 2010 program, which is offering $65 million, includes local governments, non-profits, and for-profit developers in residential planning to improve housing quality, improve local schools and increase neighborhood work access.

COEUR D’ALENE, ID - August 26, 2010 - (RealEstateRama) -- The Home Partnership Foundation, brought to you by Idaho Housing and Finance Association, was recently awarded a $2,500 contribution from AmericanWest Bank. These funds are being directed by St. Vincent de Paul North Idaho, allowing them to help more North Idaho families on the brink of homelessness through the H.E.L.P. Center located at 201 E. Harrison Ave. in Coeur d’Alene.

STATEHOUSE, IN - August 26, 2010 - (RealEstateRama) -- Foreclosures are still a major concern for many homeowners and neighborhoods across Indiana with lenders taking action against another 4,876 borrowers in July, state figures showed