Monthly Archives: December 2010

NEW YORK, NY - December 17, 2010 - (RealEstateRama) -- The Appellate Division, First Department handed down a unanimous decision in favor of the owner of 81 East Seventh Street in Manhattan, denying the motion of a former tenant, who claimed she was physically and mentally incapacitated, to vacate a default judgment against her and to allow her to move back into her apartment. The appellate decision affirmed an order by Hon. Justice Walter Tolub of the Supreme Court of New York County

WASHINGTON, DC - December 17, 2010 - (RealEstateRama) -- Secretary of Labor Hilda L. Solis today was elected by the United States Interagency Council on Homelessness to lead federal efforts to end homelessness. As chair of USICH, Secretary Solis joins the newly elected vice chair, Health and Human Services Secretary Kathleen Sebelius, in implementing Opening Doors, the first federal strategic plan to prevent and end homelessness. Solis succeeds Housing and Urban Development Secretary Shaun Donovan, who has been chair since 2009

Torrance, CA - December 17, 2010 - (RealEstateRama) -- Hamid Soroudi of Charles Dunn Company’s West Los Angeles office closed a $6.8 million sales transaction of an 18-unit multifamily property at 424 S. Holt Ave. in Los Angeles, Calif. The 27,713-square-foot apartment complex named the Atrium was purchased by a private investor. The seller’s name could not be disclosed.

WASHINGTON, D.C. - December 17, 2010 - (RealEstateRama) -- A press conference on green product trends featuring speakers from Green Day sponsors BASF, Kohler, Marvin Windows & Doors and The Council for Responsible EnergyA press conference on new-home energy-efficiency breakthroughs from builders participating in the Department of Energy's Builders Challenge and the National Green Building Certification programA Meet and Greet with members of the 20 university teams from around the world chosen to participate in the 2011 Solar Decathlon. See scale models of the designs and talk to the winning students as well as a select group of green builders and remodelers who can talk about real-world application of these cutting-edge technologies

December 17, 2010 - (RealEstateRama) -- Steve Slepecvic is the founder and also the CEO of Paramount Disaster Recovery Inc. which is a disaster recovery company. Steve Slepcevic established Paramount Disaster Recovery in 1989. Steve Slepcevic by his hard work and a deep care for their clients made paramount a very recognized disaster recovery firm not in only US but all over the world. Paramount firm helps their clients to recover or to reconstruct from the disaster

Atlanta, GA - December 17, 2010 - (RealEstateRama) -- Realtors,it’s been a tough year. Don’t let your funny bone go into foreclosure. Why notend the year on a positive note? Have a few laughs and save money at the sametime. Work Like A Dog Books has temporarily created short salepricing on its popular real estate book, AllIn A Day’s Work for Real Estate Agents—Humorous & Heartwarming Stories.The Next Generation Indie Book Awards humor/comedy category finalist featuresmore than 100 funny, crazy, bizarre or touching stories of real-life thingsthat happened to agents in the line of duty. Agents from 44 states have their“war” stories included in the book

COLUMBUS, OH - December 16, 2010 - (RealEstateRama) -- As Ohioans recover from the season’s first winter storm, Ohio Department of Insurance Director Mary Jo Hudson is reminding them that property damage caused by snow, freezing rain, and cold temperatures can be avoided if they take a few easy steps to protect their homes and vehicles.Routine maintenance can also help consumers avoid claims on their homeowner and/or auto policies, helping to keep premiums down and save money.

Washington, DC - December 16, 2010 - (RealEstateRama) -- House Speaker-designate John Boehner (R-West Chester) issued the following statement in response to a report released by the Republican commissioners on the Financial Crisis Inquiry Commission (FCIC) regarding the causes of the financial crisis:

COLUMBUS, OH - December 16, 2010 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board yesterday announced the availability of gap financing for multifamily tax-exempt bond projects through the Housing Development Assistance Program (HDAP). The source of funds for the program will be the Ohio Housing Trust Fund (OHTF) and Financial Adjustment Factor (FAF) Program. A minimum of $5 million in funds will be available. Applicants seeking gap financing must submit an application on or before January 20, 2011.

Mineola, NY - December 16, 2010 - (RealEstateRama) -- Nassau County Executive Edward P. Mangano has announced that Warm Bed, Nassau’s homeless program providing shelter relief to families and individuals during cold winter months, has been activated. A one-stop Nassau County Winter Homeless Hotline, 1-866-WARM-BED, will operate 7 days a week and run through March 31. County Executive Mangano activated the program and hotline five days early, on December 10, in anticipation of the cold weather. Warm Bed was originally scheduled to open on December 15 this year. If winter conditions persist beyond March 31, the program will continue until warmer weather arrives

New York, NY - December 16, 2010 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG) today reported that its board of directors has declared a dividend of $0.10 per share of common stock for the quarter ending December 31, 2010. The dividend is payable on January 14, 2011 to shareholders of record at the close of business on January 3, 2011.

December 16, 2010 - (RealEstateRama) -- Coldwell Banker Residential Brokerage is pleased to welcome Rick Sirko to its La Quinta office. Sirko joins Coldwell Banker after completing a successful career as a corporate executive in the tire industry for more than 35 years. With his lifetime-worth of skills at his disposal, Sirko will make a great addition to Coldwell Banker.

TOPEKA, KS - December 16, 2010 - (RealEstateRama) -- Do you have great ideas for dynamic speakers and presentations at next year's Kansas Housing Conference August 9-11 in Wichita? If so, we want to hear from you! The Conference Steering Committee is now seeking session suggestions that offer:

NEW YORK, N.Y. - December 16, 2010 - (RealEstateRama) -- Mortgage rates soared again this week, with the average rate on the benchmark conforming 30-year fixed mortgage rate rising to 5 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.40 discount and origination points.

Kansas City, MO - December 16, 2010 - (RealEstateRama) -- Margaret Lineberry, Executive Director of Missouri Housing Development Commission (MHDC), will be sharing her ideas for agency and program restructuring at the MHDC Board meeting on Friday, December 17, in Jefferson City

McLean, VA - December 16, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), which found that both fixed- and short-term mortgage rates continued to rise this week. This was the fifth week in a row where fixed-rate mortgage rates were up

Las Vegas, NV - December 16, 2010 - (RealEstateRama) -- Benchmark Association Services, an Associa company, recently expanded its already diverse company profile by adding five new associations to its Las Vegas client portfolio. Benchmark is excited to announce its recent partnerships with Spinnaker Village HOA, Flagstone Ranch HOA, Glenbrook Ponderosa, Riviera Ridge and Eastridge HOA.

Albuquerque, NM - December 16, 2010 - (RealEstateRama) -- Canyon Gate Real Estate Services, an Associa company, is pleased to announce the addition of Kevin R. Grannan as its new Director of Maintenance Operations.

REENWOOD VILLAGE, CO - December 16, 2010 - (RealEstateRama) -- Steve Travers, a top-producing real estate professional with Kentwood Real Estate’s Denver Tech Center office, was a contributor to the 46th Annual Colorado Business Economic Outlook just released by the University of Colorado’s Leeds School of Business. Travers was invited to assist with the 2011 report’s residential real estate section due primarily to his diverse business background and comprehensive knowledge of the real estate industry in Colorado

December 16, 2010 - (RealEstateRama) -- Today the Boston City Council approved a proposal by Mayor Thomas M. Menino to encourage the use of solar technologies by reducing building permit fees for building owners implementing solar photovoltaic rooftop technologies. The new solar permitting fees are the latest initiative in the mayor’s plan to make Boston one of the greenest cities in America. The City has also developed an online Solar Map and released a comprehensive Solar Permitting Guide that aim to streamline the design and permitting process and motivate property owners to install solar systems.

December 16, 2010 - (RealEstateRama) -- Huge jumps in prices for diesel fuel and copper—two key inputs to construction—pinched contractors in November as weak demand for construction forced them to hold down bid prices despite the cost increases, according to an analysis of November producer price index figures released today by the Associated General Contractors of America. Prices for materials used in construction climbed 0.5 percent in November and 4.8 percent over the past 12 months, while price indexes for finished buildings remained flat over both time periods. The PPI for finished goods went up 0.4 percent for the month and 3.5 percent year-over-year.

Washington, DC - December 16, 2010 - (RealEstateRama) -- The U.S. Green Building Council’s (USGBC) annual Greenbuild International Conference & Expo welcomed more than 28,000 attendees this past November at its show in Chicago, Ill. Attendees representing various backgrounds, professions and 114 countries filled the exhibit hall floor, educational and speaker sessions, green building tours and networking events that made up the three day long show. The nearly 200,000 square foot expo hall floor featured over 1,800 exhibit booths representing over 1,000 exhibiting companies. Greenbuild is the industry’s largest gathering of representatives from all sectors of the green building movement

New York, NY - December 16, 2010 - (RealEstateRama) -- Halstead Property Development Marketing today announced that construction has been completed at Columbia Commons, a new residential development in Brooklyn’s Columbia Street Waterfront District.

WASHINGTON, DC - December 16, 2010 - (RealEstateRama) -- A homeless-prevention program by the Department of Veterans Affairs (VA), which seeks to help Veterans and families who are on the verge of becoming homeless, has moved closer to implementation. The program marks the first time that VA will fund services for the spouses and children of Veterans at risk of becoming homeless.

Torrance, CA - December 16, 2010 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has completed a $3.3 million sales transaction for a parcel of land at 6464 33rd St. in Riverside, Calif. The 24.05-acre plot is a former lumber yard for the seller, Las Plumas Lumber & Truss, LLC

WASHINGTON, D.C. - December 16, 2010 - (RealEstateRama) -- A combination of business strategy, philanthropy and unwavering commitment to each multifamily development earned the Michaels Development Company top honors as Multifamily Development Firm of the Year. The award was presented by the National Association of Homebuilders (NAHB) as part of the association's Multifamily Pillars of the Industry Awards last week

Torrance, CA - December 16, 2010 - (RealEstateRama) -- Keystone Pacific Property Management, a California-based community association management company, has promoted Sayar Beaty from senior community association manager to group coordinator

WASHINGTON, D.C. - December 16, 2010 - (RealEstateRama) -- Nationwide housing starts rose 3.9 percent in November to a seasonally adjusted annual rate of 555,000 units from an upwardly revised number in the previous month, according to newly released data from the U.S. Commerce Department. This marked the first upward movement in new-home production since August, and was entirely attributable to a nearly 7 percent gain in single-family home building.

CHARLOTTE, N.C. - December 15, 2010 - (RealEstateRama) -- Signifying positive momentum in the Charlotte housing market, Crescent Resources, LLC announced that Standard Pacific Homes plans to purchase 33 homesites in Chapel Cove. Standard Pacific has acquired five homesites and is committed to purchasing an additional 28 homesites. This will establish a new section within the existing community

PHILADELPHIA, PA - December 15, 2010 - (RealEstateRama) -- An indictment was unsealed and a verified civil complaint was filed today against Anthony J. DeMarco, III and his real estate companies, DeMarco REI, Inc. (“DeMarco REI”) and OPM Group, LLC, (“OPM”), alleging a mortgage fraud scheme involving more than $30 million in loans, announced United States Attorney Zane David Memeger. The civil complaint seeks a temporary restraining order and preliminary injunction against defendant. It also seeks to forestall foreclosures against the victims.