Monthly Archives: April 2011

SPRINGFIELD, IL - April 20, 2011 - (RealEstateRama) -- Home sales in Illinois rose for the second consecutive month in March showing some momentum heading into the spring market, while sales remain lower than last year’s heightened totals from the tax credit.

INDIANAPOLIS - April 20, 2011 - (RealEstateRama) -- A bill to reduce the number of residential foreclosures experienced by Indiana homeowners has received final approval by the General Assembly and will be sent to the governor for his signature. State Senator Karen Tallian (D-Portage), author of Senate Bill (SB) 582, hopes the measure will encourage homeowners to take advantage of alternative foreclosure solutions.

NEW YORK, NY - April 20, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today announced the launch of the second phase of sales at The Gateway Tower (www.thegatewaytower.com), a luxury high-rise condominium located on Fredrick Douglass Boulevard’s “Gold Coast” in West Harlem.

HUNTERDON COUNTY, N.J. - April 20, 2011 - (RealEstateRama) -- Tomorrow, real estate investors and other interested buyers will have a golden opportunity to bid on three separate farms in scenic Hunterdon County.

NEW YORK, NY - April 20, 2011 - (RealEstateRama) -- As the nation gears up to celebrate Earth Day on April 22, The Princeton Review (www.PrincetonReview.com), in collaboration with the U.S. Green Building Council (USGBC) (www.usgbc.org), today released the second annual edition of its unique, free guidebook saluting the nation's most environmentally responsible "green colleges."

Torrance, CA - April 20, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest commercial real estate brokerage firms in the country, has brokered the $3.82 million sale of Franklin Court, a 24,814-square-foot industrial space in the Orange County town of Tustin, Calif.

NEW YORK, NY - April 20, 2011 - (RealEstateRama) -- The owner of 27 East 62nd Street in Manhattan has prevailed in obtaining possession of a valuable rent stabilized apartment by establishing that the tenant primarily lived at his homes in Long Island and Florida. The case was decided by Judge Joseph Capella in a Housing Court case in the Civil Court of the City of New York.

OLD TOWNE ORANGE, CA - April 20, 2011 - (RealEstateRama) -- Orange Home Grown, Inc. announced today the Grand Opening of the Certified Farmers & Artisans Market in Old Towne Orange, Calif., on Saturday, May 7, 2011, from 8:00 a.m. - 12 noon, at Chapman University's Historic Villa Park Orchards Packinghouse parking lot located at the northwest corner of Cypress and Palm Avenue.

New York, NY - April 20, 2011 - (RealEstateRama) -- Much attention has been given to the recent foreclosure crisis, in particular to its causes and impacts on communities. Considerably less attention, however, has been given to the collateral costs on children, in particular on their educational experiences. As children around the country leave their homes due to foreclosures, we look at whether they leave their schools as well.

Brookfield, WI - April 20, 2011 - (RealEstateRama) -- Inlanta Mortgage announced today that it carries the new LendRIGHT™ seal of excellence for the mortgage industry.

KANSAS CITY, MO - April 20, 2011 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc., has arranged a 155,000-square-foot industrial lease on behalf of Graphic Packaging International at 5800 Stilwell Ave. in Kansas City. For GPI, which produces innovative and sustainable packaging for some of the world's best-known brands, the transaction represents an expansion and relocation of the company's existing finished goods warehouse operations within the Greater Kansas City market.

WASHINGTON, D.C. - April 20, 2011 - (RealEstateRama) -- Mortgage applications increased 5.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 15, 2011.

Washington, DC - April 20, 2011 - (RealEstateRama) -- Sales of existing-home sales rose in March, continuing an uneven recovery that began after sales bottomed last July, according to the National Association of Realtors®.

MONROE, NJ - April 20, 2011 - (RealEstateRama) -- The 41,000-square-foot clubhouse at Lennar’s celebrated Greenbriar Stonebridge active-adult community in Monroe Township, NJ, was named Best Clubhouse/Recreation Amenities in a Community at the 2011 Sales and Marketing (SAM) Awards banquet held last week in Atlantic City.

The following statement can be attributed to Kyle Bragg, 32BJ Vice President: April 19, 2011 - (RealEstateRama) -- “Today’s findings by OSHA are more proof that the owners of Flatbush Gardens have no regard for the health and safety of their workers or the welfare of their tenants,” said Kyle Bragg, 32BJ Vice President. “The workers - who have been locked out since November - have for years voiced concerns about deteriorating structural conditions at the complex; their concerns have been ignored by the building’s owners.”

COLUMBIA, MD - April 19, 2011 - (RealEstateRama) -- The 16th Annual MetLife Foundation Awards for Excellence in Affordable Housing is officially open for entries. Enterprise Community Partners, Inc. and MetLife Foundation have focused this year’s competition on best practices in the area of green and service-enriched affordable housing for seniors. The deadline for entries is May 31, 2011.

April 19, 2011 - (RealEstateRama) -- Unemployed workers and others facing temporary financial hardships in our area have a new avenue to seek mortgage help while they get back on their feet.

AUSTIN, TX - April 19, 2011 - (RealEstateRama) -- Representative Stefani Carter (Dallas) has passed House Bill 1343, which will expand the venues in which incidents of mortgage fraud may be prosecuted.

SALT LAKE CITY, UT - April 19, 2011 - (RealEstateRama) -- The U.S. General Services Administration will break ground on the new Federal Bureau of Investigation field office building to be located at 5425 West Amelia Earhart Drive, Salt Lake City. Th...

MOORPARK, CA - April 19, 2011 - (RealEstateRama) -- Lee & Associates-LA North/Ventura, Inc., transacted the sale of a 16,391-square-foot industrial building at 875 Patriot Drive in Moorpark, CA, the brokerage company’s third transaction at the center in a month, according to Lee President Mike Tingus and Principals Grant Fulkerson and Scott Linklater, who represented the developer, M.W. Ossola & Associates.

MOORPARK, CA - April 19, 2011 - (RealEstateRama) -- Lee & Associates-LA North/Ventura, Inc., transacted the sale of a 16,391-square-foot industrial building at 875 Patriot Drive in Moorpark, CA, the brokerage company’s third transaction at the center in a month, according to Lee President Mike Tingus and Principals Grant Fulkerson and Scott Linklater, who represented the developer, M.W. Ossola & Associates.

RICHMOND, VA - April 19, 2011 - (RealEstateRama) -- Jodi D. Robinson, age 38, a Richmond realtor and owner of Citicorp Investments, a Virginia LLC, pled guilty today to a five-year mortgage loan fraud, in violation of Title 18, United States Code, Section 1341. Robinson is facing a sentence of 30 years in prison and a fine of $1 million dollars when she is sentenced by Chief United States District Judge James R. Spencer on July 31, 2011. Neil J. MacBride, United States Attorney for the Eastern District of Virginia; Kenneth R. Taylor, Special Agent in Charge of HUD's Office of Inspector General; Keith Fixel, the Inspector in Charge of the Postal Inspection Service; and Michael Morehart, Special Agent in Charge of the FBI, announced today's guilty plea

April 19, 2011 - (RealEstateRama) -- Earlier today in federal court in Minneapolis, a 39-year-old contractor from Ham Lake pleaded guilty to participating in a mortgage fraud scheme. Andrew Paul Stoner pleaded guilty to one count of conspiracy to commit wire fraud. Stoner, who was charged on March 10, 2011, entered his plea before United States District Court Judge Ann D. Montgomery.

April 19, 2011 - (RealEstateRama) -- According to a report being sent to the Board of Commissioners today by Macomb County Executive Mark Hackel, the County's property values dropped less than projected during the past year. "This is good news for County homeowners and it will provide some welcome new revenue to help balance the County's budget," Hackel said.

Culver City, CA - April 19, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, has completed the sale of a 2,250-square-feet single tenant Starbucks located at12313 Jefferson Blvd. Culver City, Calif. 90230. The transaction is valued at $2.685 million.

CHICAGO, IL - April 19, 2011 - (RealEstateRama) -- State officials marked National Fair Housing Month today by launching a week-long, free screening of American Casino, a film on the mortgage loan scheme that caused economic disaster for millions of Americans. Illinois Department of Human Rights (IDHR) Director Rocco Claps was joined by Illinois Attorney General Lisa Madigan and Illinois Department of Financial and Professional Regulation, Division of Banking Director Manuel Flores to discuss the state’s efforts to protect individuals from discrimination in housing, mortgage fraud and predatory lending practices. Governor Pat Quinn proclaimed April as Fair Housing Month in Illinois to create greater awareness of state laws that prohibit discrimination in housing.

Washington, D.C. - April 19, 2011 - (RealEstateRama) -- The American Institute of Architects (AIA) has selected five recipients to receive the 2011 AIA/ALA Library Building Awards. Biennially, representatives from the AIA and the American Library Association (ALA) gather to celebrate the finest examples of library design by architects licensed in the U.S. The 2011 AIA/ALA Library Building Awards honor five separate projects.

CHICAGO, IL - April 19, 2011 - (RealEstateRama) -- HomeFinder.com, one of the most trusted websites for consumers to search for a home and connect with a real estate professional, today announced a new agreement with Century 21 Real Estate LLC, the franchisor of the world’s largest residential real estate sales organization, where HomeFinder.com will become an integral part of the CENTURY 21 Showcase Advantage Listing Program.

NORFOLK, VA - April 19, 2011 - (RealEstateRama) -- For Rent Media Solutions™, a division of Dominion Enterprises, announces the promotion of Brock MacLean to the position of Executive Vice President of Dominion Homes Media effective May 9. MacLean is currently the Senior Vice President of National Sales and Development for For Rent Media Solutions, and will retain this responsibility as he assumes his new role. For Rent Media Solutions President, Terry Slattery, says of MacLean’s promotion:

NEW YORK, NY - April 19, 2011 - (RealEstateRama) -- Jones Lang LaSalle announced that Scott Vinett has joined the firm as a senior vice president with its New York operations. He will be responsible for tenant representation and agency leasing services, with a specific focus on the New York metropolitan area. Vinett has nearly a decade of experience in overseeing deals, lease restructurings and other complex real estate transactions. He focuses on serving the real estate needs of clients involved in a wide variety of industries including financial services, apparel, media, architecture and engineering.