Monthly Archives: June 2011

MassHousing Executive Director Thomas R. Gleason to Speak at Standard & Poor’s National Housing...

BOSTON, MA - June 8, 2011 - (RealEstateRama) -- MassHousing Executive Director Thomas R. Gleason has been selected to speak at a national housing summit in New York City on June 9 sponsored by Standard & Poor’s that will cover a broad range of topics influencing the United States housing market

CARIBOU HOUSING AGENCY TO RECEIVE NEARLY $50,000

Washington, DC - June 8, 2011 - (RealEstateRama) -- U.S. Senator Susan Collins today announced that the Department of Housing and Urban Development (HUD) has awarded the Caribou Housing Agency a grant in the amount of $48,729 to support its Housing ...

Flroida Realtors®’ Environmental Award Deadline Looms

ORLANDO, FL - June 8, 2011 - (RealEstateRama) -- Want to recognize an environmentally conscious Florida builder or developer, one whose projects prove that responsible growth and environmental protection can co-exist? Then remind builders to enter to win Florida Realtors® annual Environmental Award, popularly known as the ENVY, before the July 7, 2011, deadline.

ALEXAN CITYVIEW PRESENTS ITS RESORT LIFETYLE DURING VIP SHOWCASE” OPEN TO THE PUBLIC JUNE...

Hoboken, NJ - June 8, 2011 - (RealEstateRama) -- Alexan CityView, the upscale collection of 544 rental homes rising on a sprawling waterfront site at the Peninsula at Bayonne Harbor, announced an open invitation to the public to attended their five-day only VIP Showcase which will highlight its unrivaled resort-style amenities and lifestyle from Wednesday, June 8th through Sunday, June 12th.

FHLBank San Francisco Awards $28.4 Million in Grants for Affordable Housing

San Francisco, CA - June 8, 2011 - (RealEstateRama) -- The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) awarded $28.4 million in Affordable Housing Program (AHP) grants in the first round of its 2011 funding competition. The grants approved by the Bank’s Board of Directors in AHP Round A were awarded to 45 projects that address the diverse housing needs of communities in Arizona, California, Illinois, Nevada, Pennsylvania, Texas, and Washington, and will produce or preserve 2,787 housing units that are affordable to lower-income individuals and families.

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - June 8, 2011 - (RealEstateRama) -- Mortgage applications decreased 0.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 3, 2011. This week's results include an adjustment to account for the Memorial Day holiday.

Commercial/Multifamily Mortgage Delinquency Rates Mixed in First Quarter

WASHINGTON, D.C. - June 8, 2011 - (RealEstateRama) -- Delinquency rates among different commercial/multifamily mortgage investor groups were mixed in the first quarter of 2011, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report.

Grant funding available from US Labor Department for workforce investment boards, organizations to provide...

WASHINGTON, DC - June 8, 2011 - (RealEstateRama) -- Secretary of Labor Hilda L. Solis today announced a competition for grants totaling more than $5 million through the U.S. Department of Labor's Homeless Veterans Reintegration Program to provide approximately 3,000 homeless veterans with job training and other services to help them succeed in civilian careers

SL Green Realty Corp. Announces $500 Million Mortgage Refinancing of 919 Third Avenue

New York, NY - June 8, 2011 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG) today announced that it has successfully refinanced 919 Third Avenue, which it owns in a joint venture partnership with New York State Teachers Retirement System (NYSTRS). The new 12-year, $500 million mortgage, was originated jointly by Metropolitan Life Insurance Company and Pacific Life Insurance Company.

Realtors® Support Legislation for Comprehensive GSE Reform

Washington, DC - June 8, 2011 - (RealEstateRama) -- The National Association of Realtors® supports comprehensive reform of America’s housing finance market that protects taxpayers and ensures the availability of affordable mortgage credit today and into the future.

SL Green Realty Corp. to Present at the NAREIT REIT Week 2011 Investor Forum...

New York, NY - June 8, 2011 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG) today announced that the Company's executive management team, led by Marc Holliday, Chief Executive Officer, will make a presentation at the NAREIT REIT Week 2011 Investor Forum on Wednesday, June 8, 2011 at 2:15 p.m. EDT. The presentation will be simultaneously webcast, in a listen-only mode, on the Company's website at www.slgreen.com in the investor section under the "Event Calendar & Webcasts" tab.

Crescent Resources Names Experienced Developer To Senior Vice President Post

CHARLOTTE, N.C. - June 8, 2011 - (RealEstateRama) -- Crescent Resources selected veteran real estate developer Margaret Jennesse to lead its residential interests in Florida and Georgia as senior vice president.

Alexandria’s First Half Real Estate Tax Due Wednesday, June 15

June 8, 2011 - (RealEstateRama) -- The City of Alexandria reminds property owners that the first half 2011 Real Estate Tax and Refuse Fee payments are on due on Wednesday, June 15. To avoid a late payment penalty and interest, payment must be received by the City or postmarked by the U.S. Postal Service no later than June 15.

Treasurer McCord: You Don’t Have To Be a Super Hero To Claim What’s Yours

HARRISBURG, PA - June 8, 2011 - (RealEstateRama) -- The Steel City will become Gotham City when filming for “The Dark Knight Rises” begins this summer in Pittsburgh. To welcome Batman to the Commonwealth, State Treasurer Rob McCord today highlighted Pennsylvanians in Treasury’s unclaimed property database with names straight out of Gotham.

Commercial Real Estate Leader Turns Compassion Into Global Action

Torrance, CA - June 8, 2011 - (RealEstateRama) -- For Christine Deschaine, it was the running water she missed most. Traveling through the Amazon on a small medical boat, she volunteered to work in a mobile dental clinic and assisted a team providing extractions to those living in remote villages. Almost two weeks passed as she traveled between flooded villages with few modern conveniences. Amidst this exotic jungle and beautiful terrain, that was still the biggest culture shock. Yet the gratitude and welcoming faces of the people she helped made it hard for Deschaine to be anything but grateful herself.

Lee & Associates Indianapolis Welcomes Robyn Smart as Senior Advisor

Torrance, CA - June 8, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest commercial real estate firms in the country, is pleased to announce the addition of Robyn Smart as a senior advisor of the Indianapolis office. Smart specializes in tenant representation, site acquisition and landlord representation. In her new role, Smart will be responsible for all aspects of retail brokerage.

Scientific Conservation Inc. Collaborates with the U.S. Green Building Council To Develop Products for...

Washington, DC - June 8, 2011 - (RealEstateRama) -- Scientific Conservation, Inc. (SCI), a leading provider of energyefficiency solutions via predictive diagnostics and analytics, and the U.S. Green Building Council (USGBC), developers of the LEED green building program, today announced they will collaborate to develop and deliver third-party applications to be integrated into LEED Online. LEED Online is used by project teams to submit documentation toward the certification of LEED projects.

Brooks Paine of Keystone Pacific Property Management Earns CCAM Designation

Torrance, CA - June 8, 2011 - (RealEstateRama) -- Brooks Paine of Keystone Pacific Property Management has earned the Certified Community Association Manager (CCAM®) designation through the California Association of Community Managers.

DAWN ARRABITO JOINS CUSHMAN & WAKEFIELD AS DIRECTOR

EAST RUTHERFORD, N.J. - June 8, 2011 - (RealEstateRama) -- Dawn Arrabito has joined commercial real estate services firm Cushman & Wakefield, Inc. as a director in the firm’s East Rutherford office. A resident of West Orange, N.J., she is a seasoned real estate brokerage professional with 15 years of industry-related experience

Lee & Associates Closes On $9.25 Million Office Sale in Ontario

Torrance, CA - June 8, 2011 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has closed on the $9.25 million sale of the Empire Corporate Center office building complex located at 800 N. Haven Ave., in Ontario, Calif.

ROSENBERG & ESTIS, P.C. RECRUITS NEIL UNDERBERG, JOHN HADLOCK TO EXPAND LEGAL SERVICES FOR...

New York, NY - June 8, 2011 - (RealEstateRama) -- Underberg will continue to represent major developers and educational and charitable institutions in New York and throughout the country in the acquisition and assemblage of large tracts for the development of shopping centers, office buildings, hotels, and other commercial and educational projects.

ROBERT TREAT HOTEL A DESTINATION FOR INTERNATIONAL TRAVELERS

NEWARK, N.J. - June 8, 2011 - (RealEstateRama) -- While the influx of international travelers staying at The Berger Organization’s Best Western Robert Treat Hotel in Newark may initially have been motivated by a recession-based drive toward cost savings, the trend continues to gain momentum as the recovery takes hold. According to Shah Deen, the hotel’s general manager, what started as a simple idea to market the property as an alternative to high-priced lodging in Manhattan is drawing countless overseas guests for business and pleasure - many of them are patronizing local attractions in Newark as well.

Jones Lang LaSalle Completes Lease Extension for 660,000-SF Hunts Point Terminal Market with City...

NEW YORK, NY - June 8, 2011 - (RealEstateRama) -- Jones Lang LaSalle has completed a lease extension for Hunts Point Terminal Produce Cooperative Association Inc. with the City of New York. The world’s largest produce market inked a three-year lease extension for 660,000 square feet of warehouse space on 107 acres of land in the Bronx.

USGBC and Better Homes and Gardens Launch Green Home Makeover Sweepstakes

Washington, D.C. - June 8, 2011 - (RealEstateRama) -- Today, the U.S. Green Building Council (USGBC) and Better Homes and Gardens launched the “$25,000 Save Money, Save Energy Green Home Makeover Sweepstakes.” Designed to offer actionable tips and advice for green home living, the sweepstakes will run across the Better Homes and Gardens network of magazines and websites.

Terra Holdings Names Stephen G. Kliegerman President of Development Marketing

NEW YORK, NY - June 8, 2011 - (RealEstateRama) -- Terra Holdings, parent company of Brown Harris Stevens and Halstead Property, is pleased to announce that Stephen G. Kliegerman has been named President of a newly formed company, Terra Development Marketing. In this new position, Kliegerman will be responsible for the operations, direction and management of new business, client relations, pre-development planning, marketing and sales for all new development projects represented by both Brown Harris Stevens and Halstead Property, which are separate and distinct companies owned by Terra Holdings.

KTGY Principal Manny Gonzalez Invited to be Speaker at BIA 50+ Housing Council on...

IRVINE, CA - June 8, 2011 - (RealEstateRama) -- Award-winning KTGY Group, Inc., Architecture and Planning, is pleased to announce that KTGY’s Principal Manny Gonzalez, AIA, LEED AP and CAASH has been invited to participate in Building Industry Association (BIA) of Southern California 50+ Housing Council program, "'ABC' Demonstration Home - A Preview Before PCBC Debut," on Thursday, June 16, 2011. The new ABC Home, which was designed by Gonzalez, is an "Affordable, Buildable, Certified" Green home designed for Net-Zero energy use that incorporates Universal Design to accommodate people of all ages and capabilities. The first of three demonstration homes planned by Southern California Edison Company, the ABC home will be built in fall 2011.

Owning a Home Essential to the American Dream, Survey Shows

WASHINGTON, D.C. - June 8, 2011 - (RealEstateRama) -- Despite the ups and downs of the housing market, home owners and non-owners alike consider owning a home essential to the American Dream.That's the key finding of a recent survey of people likely to vote in 2012 that was conducted on behalf of the National Association of Home Builders (NAHB) by Public Opinion Strategies of Alexandria, Va., and Lake Research Partners of Washington, D.C.

REAL ESTATE MORTGAGE NETWORK, INC. EXPANDS MID-ATLANTIC PRESENCE WITH FIRST DELAWARE RETAIL BRANCH

WILMINGTON, DE - June 8, 2011 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), a national mortgage lender based in River Edge, N.J., is pleased to announce the opening of its latest branch in Wilmington, DE. As REMN’s first branch in ...

TIGHTENING SUPPLY PIPELINE LEADS TO BETTER THAN ANTICIPATED GLOBAL GROWTH IN INDUSTRIAL RENTS

Los Angeles, CA - June 8, 2011 - (RealEstateRama) -- A lack of suitable and available industrial properties is driving up industrial rents and spurring the return of speculative development in many prime markets, according to a new report from CB Richard Ellis Group, Inc. (CBRE).

Advanced IDX real estate search capabilities simplify the online property search process for Miami...

EUGENE, OR - June 8, 2011 - (RealEstateRama) -- IDX, Inc. has integrated the innovative IDX Broker software onto the website of yet another real estate professional, Doris Mangeri. Thousands of Southeast Florida MLS (SEFL) listings have been seamlessly synced to the search page Mangeri hosts, creating a revolutionary and efficient online property search page for potential Miami, Florida buyers to utilize. Mangeri has forever changed the way home seekers find homes online, giving them all of the diverse and effective tools to help guide them through their SEFL property search, without ever having to leave the convenience of her website.

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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