Monthly Archives: February 2010

2010 NIFA Housing Innovation Marketplace a Success!

Lincoln, NE - February 2, 2010 - (RealEstateRama) -- The 8th annual Housing Innovation Marketplace, sponsored by NIFA, was held on January 26-27, 2010 at the Omaha Regency Marriot Hotel. The goal of the conference was to stimulate the formation of affordable ownership and rental housing development.

2010 NIFA Housing Innovation Marketplace a Success!

Lincoln, NE - February 2, 2010 - (RealEstateRama) -- The 8th annual Housing Innovation Marketplace, sponsored by NIFA, was held on January 26-27, 2010 at the Omaha Regency Marriot Hotel. The goal of the conference was to stimulate the formation of affordable ownership and rental housing development.

2010 NIFA Housing Innovation Marketplace a Success!

Lincoln, NE - February 2, 2010 - (RealEstateRama) -- The 8th annual Housing Innovation Marketplace, sponsored by NIFA, was held on January 26-27, 2010 at the Omaha Regency Marriot Hotel. The goal of the conference was to stimulate the formation of affordable ownership and rental housing development.

State sanctions promoter of “foreclosure rescue” scheme

Salem, OR - February 2, 2010 - (RealEstateRama) -- The Oregon Department of Consumer and Business Services (DCBS) issued a cease-and-desist order and assessed $250,000 in fines against Anthony "Tony" Schwartz and two businesses he controlled for selling interests in foreclosed homes he seized in a complex "foreclosure rescue" scheme.

New York State’s Housing Finance Agencies Again Rank as the Country’s Largest Provider of...

New York, NY - February 2, 2010 - (RealEstateRama) -- New York State's housing finance agencies, for the third year in a row, led the country in financing multifamily and single-family affordable housing in 2009.

California Consultant Honored with Trina Ripley Excellence in Education Award

February 2, 2010 - (RealEstateRama) -- The National Association of Home Builders’ (NAHB) Institute of Residential Marketing (IRM) named Manny Schatz, MIRM, CMP, CAPS, CAASH, the 2009 recipient of the Trina Ripley Excellence in Education Award. The award was presented to Schatz, principal of a builder consulting firm Professional Builder Services, Inc. in Danville, Calif., at The National Sales and Marketing Awards Gala held during the International Builders’ Show in Las Vegas on Jan. 19.

Conference to Focus on Housing Matters

BISMARCK, ND - February 2, 2010 - (RealEstateRama) -- The 19th Annual Statewide Housing Conference, “Housing Matters,” will be held Feb. 23-24, 2010, at the Ramkota Hotel in Bismarck.

MPSC: Home Heating Credits Now Being Processed

February 2, 2010 - (RealEstateRama) -- The Michigan Public Service Commission (MPSC) today noted that the Michigan Department of Treasury is now processing Michigan Home Heating Credits (HHC) for the 2009 tax year. The credit assists low-income customers with winter energy bills

Community Leaders Join Girl Scouts in Dedicating First LEED Platinum Building in Delaware

NEWARK, DE - February 2, 2010 - (RealEstateRama) -- The Girl Scouts of the Chesapeake Bay Council, Inc. (GSCBC), was joined by civic and community leaders today in dedicating the Council’s Science and Technology Lodge in honor of former Council Board President and lifelong environmental advocate Lynn W. Williams.

$8,500 contributed to Finally Home! Homebuyer Education

BOISE, ID - February 2, 2010 - (RealEstateRama) -- US Bancorp Foundation recently contributed $8,500 to the Finally Home!® Homebuyer Education Program administered by the Idaho Partners for Home Buyer Education, Inc. (IPHBE, Inc.). US Bancorp has contributed on an annual basis since the program’s inception.

CT REIA Monthly Meeting with Andy Heller: Buy Low, Rent Smart, Sell High

February 2, 2010 - (RealEstateRama) -- What makes the... "Buy Low, Rent Smart, Sell High" strategy so attractive today is that, unlike many models, the investor's profits are not dependent on real estate appreciation. In fact, real estate appreciation is just one of six profit sources in the "Buy Low, Rent Smart, Sell High" strategy.

Udall, Bennet Congratulate Denver City Councilman Rick Garcia on Appointment to Regional HUD Post

Washington, D.C. - February 1, 2010 - (RealEstateRama) -- Today, U.S. Senators Mark Udall and Michael Bennet congratulated Denver City Councilman Rick Garcia on his appointment by the Obama Administration to serve as the U.S. Department of Housing and Urban Development's Region VIII Director. Senators Udall and Bennet recommended Garcia for the position, based on his longstanding advocacy on behalf of Colorado residents and his distinguished background in public policy and economic development. In the position, Garcia will oversee fair and affordable housing initiatives in Colorado and five other western states.

Cleveland Area Board of REALTORS (CABOR) Names Cystic Fibrosis Foundation as its Official 2010...

Cleveland, OH - February 1, 2010 - (RealEstateRama) -- Continuing a long-standing tradition for philanthropic giving, the newly instated Chairman of the Board of Directors for the Cleveland Area Board of REALTORS (CABOR), George J. Pofok, CCIM, SIOR, has selected the Cystic Fibrosis Foundation Northern Ohio Chapter as the official 2010 CABOR charity.

The Fitzgerald at UB Midtown to Become Baltimore’s Largest LEED Certified Residential Development

Mixed-Use Apartment Community Expected to Achieve LEED Certification. Greenbelt, MD - February 1, 2010 - (RealEstateRama) -- The Bozzuto Group today announced The Fitzgerald at UB Midtown is on track to become the most sizeable LEED certified apartment community in the Baltimore area.

METROPOLITAN REALTY EXTENDS MORTGAGE ON SUNRISE BUSINESS CENTER IN GREAT RIVER

JERICHO, NY - February 1, 2010 - (RealEstateRama) -- Despite a tight lending market, Metropolitan Realty Associates, the owner of the Sunrise Business Center in Great River, and its equity partner Angelo, Gordon & Co., LP. have successfully negotiated an extension of their mortgage on the 388,500-square-foot Class A office complex, President Joseph A. Farkas announced today.

Top-Producing Realtor Ronnie Hinton Makes the Switch to Prudential Georgia Realty

Atlanta, GA - February 1, 2010 - (RealEstateRama) -- Prudential Georgia Realty is proud to announce the latest experienced agent team to join its sales team. Award-winning Realtor Ronnie Hinton and his team, known as Ronnie Hinton & Associates, are the latest to join Prudential Georgia Realty’s Midtown office, located on Peachtree Street a few blocks from the High Museum.

Schumer, Gillibrand, Nadler Seek HUD Mortgage Assistance To Help Keep St. Vincent’s Doors Open

New York, NY - February 1, 2010 - (RealEstateRama) -- With St. Vincent’s Hospital on the brink of bankruptcy, U.S. Senators Chuck Schumer and Kirsten Gillibrand and Congressman Jerrold Nadler (D-Manhattan) urged the U.S. Department of Housing and Urban Development (HUD) to help the only Level-1 trauma center serving neighborhoods from Midtown to Downtown stave off closure.

Congressman Dent Announces Grant for Allentown Project for the Homeless: New Bethany Ministries to...

Bethlehem, PA - February 1, 2010 - (RealEstateRama) -- Congressman Charlie Dent (PA-15) announced today that the Federal Home Loan Bank of Pittsburgh (FHLBank) is making a $250,000 grant to a Bethlehem-based nonprofit so it can complete work on the renovation of a property in Downtown Allentown and expand its outreach to the chronically homeless.

Grubb & Ellis Apartment REIT Enters Agreement to Acquire Bella Ruscello Luxury Apartment Homes...

DALLAS, TX - January 27, 2010 - (RealEstateRama) -- Grubb & Ellis Apartment REIT, Inc. today announced that it has entered into an agreement to acquire Bella Ruscello Luxury Apartment Homes, a 216-unit multifamily community located in the Dallas suburb of Duncanville.

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Mayor London Breed Celebrates Groundbreaking of New Affordable Housing in the...

Mayor London N. Breed today joined community leaders to celebrate the groundbreaking of future affordable housing at 1950 Mission Street. Once completed, the project will offer 155 affordable apartments for families