Monthly Archives: April 2011

Washington, D.C - April 22, 2011 - (RealEstateRama) -- Today NeighborWorks® America, one of the largest community development corporations in the country, joined the Environmental Protection Agency in applauding the outstanding work done by Community Housing Partners of Christiansburg, Va., and Coachella Valley Housing Coalition of Indio, Calif., for excellence in green housing and community development. Both organizations are members of the NeighborWorks network and are involved in the NeighborWorks Green Initiative for healthy and sustainable communities.

NEW YORK, NY - April 22, 2011 - (RealEstateRama) -- Following the rapid lease-ups of Berkshire at The Shipyard in Hoboken and 225 Grand in Jersey City, The Marketing Directors, Inc. is continuing its impressive foothold on the New Jersey Gold Coast with the successful launch of 1100 Jefferson, a new luxury rental building in Hoboken, NJ

Washington, D.C. - April 22, 2011 - (RealEstateRama) --NeighborWorks America, one of the nation’s leading nonprofit community development corporations, today announced that it received a two-year, $2 million grant from the Bank of America Charitable Foundation to support a variety of initiatives including affordable homeownership and training for local nonprofit professionals.

WASHINGTON, D.C. - April 22, 2011 - (RealEstateRama) -- On the 41st anniversary of Earth Day, the National Association of Home Builders (NAHB) reminds consumers that an investment in energy and resource efficiency can pay real dividends by reducing a home's energy use and the associated costs.This year, the Earth Day Network is encouraging people all over the world to contribute to "a billion acts of green."

NORTHWEST INDIANA - April 22, 2011 - (RealEstateRama) -- More houses are on the market in Northwest Indiana, its taking less time to sell, and because of the slight drop in average sales price of 1% compared to this time last year, buyers are getting more for their money. According to the latest data for first quarter 2011, compiled by RE/MAX of Indiana, the trend has led to a 4 percent increase in home sales over last year.

Washington, DC - April 21, 2011 - (RealEstateRama) -- Washington SmartCEO has recognized Chris Smith, Chief Operating Officer (COO) of the U.S. Green Building Council (USGBC), as one of 40 SmartCXO award honorees. The SmartCXO Awards celebrate Greater Washington’s finest management executives.

ONTARIO, CA - April 21, 2011 - (RealEstateRama) -- CT Realty Investors (www.ctrinvestors.com) of Aliso Viejo, Calif., has acquired the Champagne Building in Ontario, Calif., for $17 million. The 386,000-square-foot industrial warehouse, located at 1671 Champagne Ave. on a 15.27-acre site, was purchased from RGR Development Corp. With the Champagne acquisition, CT Realty expands its Inland Empire holdings to more than 3.3 million square feet.

Phoenix, AZ - April 21, 2011 - (RealEstateRama) -- The world is our oyster, thanks to the information highway fondly referred to as the Internet. To tap that opportunity, particularly in this economic downside, virtual contract representation offers great economies of scale. Such is one of the 24/7/365 opportunities offered for the local, state, national and international levels by MH-Global Communications Network.

SHERMAN OAKS, CA - April 21, 2011 - (RealEstateRama) -- Darren Casamassima, a Principal of Lee & Associates-LA North/Ventura, Inc., a full service commercial brokerage company and member of the Lee & Associates group of companies, transacted a seven-year, 9,018-square-foot lease renewal at 10999 Riverside Drive in West Toluca Lake, CA. Total value of the lease is just under $1.5 million.

WAYNE, N.J. - April 21, 2011 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. has been named leasing agent for the newly rebranded Wayne Solar Center office building at 1655 Valley Road in Wayne. The appointment follows the 157,000-square-foot property’s recent acquisition by New York-based APF Properties.

DENVER, CO - April 21, 2011 - (RealEstateRama) -- Christine Nicholson, a leading real estate professional and member of the Denver Board of Realtors, has joined Kentwood City Properties in downtown Denver as a Broker Associate. Nicholson brings extens...

ROCKVILLE, MD - April 21, 2011 - (RealEstateRama) -- Federal Realty Investment Trust (NYSE:FRT) today announced that the Barracks Road Shopping Center in Charlottesville, Virginia will undergo façade enhancements beginning in May 2011. The renovation will take place in two phases beginning with the main building and concluding with the north wing in 2012. Improvements will include a new canopy roof and façade as well as the redesign of the canopy columns. The fountain court will also be renovated in 2012 to create an inviting open-air gathering place for events and additional seating for outdoor dining.

DENVER, CO - April 21, 2011 - (RealEstateRama) -- Lance Smith, Chief Information Officer for Kentwood Real Estate, was recently nominated for the Denver Business Journal’s (DBJ) Chief Information Officer (CIO) of the Year award. The DBJ and the Soci...

San Francisco, CA - April 21, 2011 - (RealEstateRama) -- Diane Hourany, long-time realtor with Zephyr Real Estate, goes the extra mile to support San Francisco Ballet. In fact, her varied volunteer activities with the highly-acclaimed ballet company demonstrate that she goes several extra miles. A former dance instructor with a passion for ballet, she is a member of Bravo, a volunteer arm for the San Francisco Ballet Company.

STATEHOUSE, IN - April 21, 2011 - (RealEstateRama) -- A new Indiana law will help nonprofit organizations providing home ownership opportunities to low-income families by continuing access to zero-interest mortgages and special protections against private lenders.

EUGENE, OR - April 21, 2011 - (RealEstateRama) -- Sunland, California real estate professional Ritz Mirzaian and IDX, Inc. have joined forces to present California Real Estate Technology Services (CARETS) listings in a whole new way. IDX Broker software extracts raw listing data from the CARETS database and seamlessly integrates those listings onto the IDX synced website Mirzaian supports. As a member of CARETS, Mirzaian is now supplying her clients and other Southern California home seekers with a thorough look into the CARETS database that was once reserved only for real estate professionals. Mirzaian has chosen the dynamic IDX Broker software for her website, making it the first stop for many home seekers during their online real estate search.

OAKLAND, N.J. - April 21, 2011 - (RealEstateRama) -- The 121,000-square-foot warehouse building at 111 Bauer Drive has been sold. The East Rutherford, N.J.-based Cushman & Wakefield Inc. Metropolitan Area Capital Markets Group team of Andrew Merin, David Bernhaut, Gary Gabriel and Jared Zimmel represented the undisclosed seller and procured the buyer, BD Oakland Owner LLC.

EUGENE, OR - April 21, 2011 - (RealEstateRama) -- Managing a real estate website just became monumentally easier for Realtors like Laura Duggan, thanks to IDX, Inc. and the dynamic IDX Broker software they have integrated onto her website. In addition to drastically simplifying the behind-the-scenes aspects of the website of Duggan, her IDX solution has transformed the real estate search features she hosts online. Austin, Texas home seekers can quickly scan the Austin MLS (ACTRIS) to find their dream home. The IDX solution Duggan employs has forever changed the online real estate search for her business and her clients.

KANSAS CITY, MO - April 21, 2011 - (RealEstateRama) -- Bolstering its growing and active Property and Facilities Management division, Zimmer Real Estate Services, L.C. has filled two management positions during the past month.

Sacramento, CA - April 21, 2011 - (RealEstateRama) -- California State Office Buildings 8 and 9, a pair of iconic towers along Sacramento’s downtown skyline part of a recent renovation led by HGA Architects and Engineers, have been awarded LEED Gold status due to HGA’s commitment to sustainable design. The twin 20-story towers, intended to house approximately 1,700 State of California employees, exceeded its original goal of LEED Silver, pegging an extra notch in the internationally recognized green building certification system. The towers’ renovation was completed last fall when Building 9 opened up to government employees.

WASHINGTON, DC - April 21, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today announced a competition for nearly $65 million to confront housing, infrastructure and employment challenges faced by tribal communities nationwide. The funds are intended for communities seeking to improve or create housing and economic development opportunities for low- to moderate-income families.

ORLANDO, FL - April 21, 2011 - (RealEstateRama) -- Florida’s existing home and existing condo sales rose in March, according to the latest housing data released by Florida Realtors®. Existing home sales increased 12 percent last month with a total of 18,522 homes sold statewide compared to 16,540 homes sold in March 2010, according to Florida Realtors. Statewide sales of existing condos last month rose 24 percent compared to the year-ago sales figure.Seventeen of Florida’s metropolitan statistical areas (MSAs) reported higher existing home and existing condo sales in March; 17 MSAs also had higher condo sales. It’s the fourth consecutive month that Florida Realtors has reported higher year-over-year existing home and existing condo sales statewide.

WASHINGTON, DC - April 21, 2011 - (RealEstateRama) -- Eighteen national, regional and local lenders will participate in a new two-year pilot program that will offer qualified borrowers living in certain parts of the country low-cost loans to make energy-saving improvements to their homes. Backed by the Federal Housing Administration (FHA), these new PowerSaver loans will offer homeowners up to $25,000 to make energy-efficient improvements of their choice, including the installation of insulation, duct sealing, replacement doors and windows, HVAC systems, water heaters, solar panels, and geothermal systems.

EUGENE, OR - April 21, 2011 - (RealEstateRama) -- Today, IDX, Inc. is pleased to announce Sarah Royer of RLT Real Estate has become the latest realty professional to sync a customizable IDX solution to her website, creating a dynamic and thorough database of property listings for buyers to search through. With the innovative IDX solution Royer now employs, she can seamlessly integrate thousands of Northeast Wisconsin MLS (RANW) listings onto her search page. Finding a home in Wisconsin has never been easier for home seekers. The IDX solution Royer has implemented on her website has simplified the online real estate market for Royer and her potential Wisconsin buyer clients

EUGENE, OR - April 21, 2011 - (RealEstateRama) -- IDX, Inc. is pleased to announce the latest real estate professional to adopt the revolutionary IDX Broker software: Craig Mische of Alexandria, Minnesota. By choosing an IDX solution for his website, Mische is only reinforcing his dedication to professionalism and serving his customers and their every real estate need. As a member of the Greater Alexandria Area MLS (GAARMLS) Mische is able to utilize his IDX solution to extract raw listing data from the GAARMLS database and seamlessly integrate it onto his search. Never again will Minnesota home seekers experience anything other than the best online property search around, thanks to IDX and Mische.

West Hartford, CT - April 21, 2011 - (RealEstateRama) 2011 Business & Entrepreneur Summit. Network With Your Peers - Gain Insight From Leading National Experts. May 21, 2011 - 9:00 AM to 4:30 PM Rocky Hill Marriott. 100 Capital Boulevard. Rocky Hill,

Los Angeles, CA - April 21, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (NYSE:CBG) today announced the appointment of Asieh Mansour, PhD, as Head of Americas Research and Senior Managing Director of Global Research and Consulting. In this role, Ms. Mansour will direct CBRE’s Americas based commercial real estate market analysts, advise the Americas leadership and professionals on economic issues, serve as a key spokesperson on the commercial real estate environment and work closely with her CBRE research colleagues around the world. She brings more than 20 years experience as a leading real estate economist to CB Richard Ellis.

HOBOKEN, N.J. - April 21, 2011 - (RealEstateRama) -- George Vallone, President of The Hoboken Brownstone Company, was recently named an Executive Officer of the New Jersey Builder’s Association (NJBA) at the 62nd annual Atlantic Builder’s Convention held earlier this month in Atlantic City

LOS ANGELES, CA - April 20, 2011 - (RealEstateRama) -- The share of distressed homes sold in March declined from February, but was unchanged from a year ago, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

San Francisco, CA - April 20, 2011 - (RealEstateRama) -- The Federal Home Loan Bank of San Francisco has allocated $12 million to its 2011 Workforce Initiative Subsidy for Homeownership (WISH) and Individual Development and Empowerment Account (IDEA) first-time homebuyer programs.