Monthly Archives: July 2011

Des Moines, IA - July 6, 2011 - (RealEstateRama) -- The Iowa Finance Authority (IFA) Board of Directors today approved a $50,000 grant to Jasper County Habitat for Humanity to assist in the construction of a single-family home in Mingo. The funding is ...

CLINTON, MS - July 6, 2011 - (RealEstateRama) -- A Housing Open House in Amory Saturday, July 9, from 9 a.m. to 1 p.m. will bring together state government experts in safe rooms, home financing and insurance, along with builders, bankers, realtors a...

INDIANAPOLIS, IN - July 6, 2011 - (RealEstateRama) -- The Custom Electronic Design & Installation Association (CEDIA) has announced details surrounding the 2011 Future Technology Pavilion that will appear on the CEDIA EXPO tradeshow floor.

TUSTIN, CA - July 6, 2011 - (RealEstateRama) -- Gold Max of California announced today they are on track to open 100 Gold Max stores in Southern California within the next year. With more than 150 stores, Gold Max operates the United States’ largest chain of stores specializing in buying gold and precious metals from consumers. Gold Max entered the Southern California market in the fall of 2010 and opened 8 stores. Since retaining Present Value Properties as its exclusive real estate broker for California in early 2011, Gold Max has already opened 6 new stores in Southern California and will soon open 9 more. Currently, Present Value Properties is in negotiations on additional 23 stores for Gold Max in Southern California.

WASHINGTON, D.C. - July 6, 2011 - (RealEstateRama) -- Mortgage applications decreased 5.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending July 1, 2011

LOS ANGELES, CA - July 6, 2011 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed the $4.42 million sale of an 18-unit multifamily property that was built in 2004 and is located at 817 Wilcox Ave. in Los Angeles.

STAMFORD, CO - July 6, 2011 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. has been selected to market the former General Reinsurance Corporation headquarters in Stamford for sale. Recognized as the premier office asset in the State of Connecticut, the 560,000-square-foot property is located at 695 East Main Street with frontage and high visibility from I-95.

WASHINGTON, DC - July 6, 2011 - (RealEstateRama) -- The Office of the Comptroller of the Currency (OCC) today published an online newsletter that provides a guide for national banks seeking to invest in solar energy projects under the national bank public welfare investment authority. The on-line newsletter describes how banks have used the public welfare investment authority to invest in funds and other financing vehicles that are structured to pass-through the benefit from the energy investment tax credit to entities such as schools, universities, hospitals, and Federally- subsidized rental housing developments.

West Hartford, CT - July 6, 2011 - (RealEstateRama) CT REIA, Than Merrill, and Bob Lachance presents: Wholesale and Pre-Foreclosures (1 day, 2 great speakers) July 16, 2011. 9:00am - 5:00 pm Crowne Plaza Hotel. 100 Berlin Road. Cromwell, CT $29 for CT REIA Members $39 for Not-Yet-Members

Miami, FL - July 6, 2011 - (RealEstateRama) -- The Federated Companies, a leading national real estate investment and development firm, is pleased to announce that it has been awarded the contract to purchase seven lots of land totaling 3.25 acres in the Bayside Development area of Portland, Maine. The land is located on Somerset and Elm Streets, is currently owned by the City of Portland and received unanimous approval from the City Council of Portland to be sold to The Federated Companies. The Federated Companies' worked diligently to incorporate the city's concept into the master plan for the mixed-use site which includes housing, retail, a medical office, and a public parking structure. The company will continue to develop the master plan and timeline with the city.

San Jose, CA - July 5, 2011 - (RealEstateRama) -- NxGen Modular officially opened its new corporate headquarters this week in San Jose, near a number of well-known technology companies such as eBay, PayPal and Symmetricom.

TAVARES, FL - July 6, 2011 - (RealEstateRama) -- The Lake County Board of County Commissioners launched today, the GO GREEN GET GREEN energy efficiency rebate program for Lake County small commercial business owners and residents. Participants who GO GREEN by installing energy efficient products can GET GREEN through the new rebate program funded by an Energy Efficiency and Conservation Block Grant (EECBG).

BURLINGTON, VM - July 5, 2011 - (RealEstateRama) -- Executive Director Sarah Carpenter announced Bonnie Black of Essex has joined Vermont Housing Finance Agency (VHFA) as Homeownership Outreach Coordinator. Black’s real estate and home loan experi...

Albany, NY - July 5, 2011 - (RealEstateRama) -- Governor Andrew M. Cuomo today traveled to Erie County to sign New York's first property tax cap. The tax cap, a hallmark of Governor Cuomo's campaign and a priority of his administration's first year, will finally deliver relief to millions of homeowners and business owners across the state who for too long have been burdened by out-of-control property taxes.

TUSTIN, CA - July 5, 2011 - (RealEstateRama) -- Gregory A. Fisher of Present Value Properties, Inc., a full service retail real estate brokerage, and consulting firm headquartered in Tustin, Calif., announced today that Britt Nelson, a retail real estate veteran and the former President of NewCity Development, LLC and a consultant to the architectural and engineering, retail, municipal and development segments of the industry, has joined Present Value Properties as Vice President.

PHOENIX, AZ - July 5, 2011 - (RealEstateRama) -- Jackie Orcutt has joined the team at Cushman & Wakefield of Arizona, Inc. in Phoenix, as an associate in the commercial real estate services firm’s Industrial Group. Orcutt’s focus includes tenant representation assignments and project leasing, primarily in the Sky Harbor Airport and southeast valley submarkets

WASHINGTON, DC - July 5, 2011 - (RealEstateRama) -- The Justice Department announced today that it has sued the Mortgage Guaranty Insurance Corporation (MGIC), the nation’s largest mortgage insurance company, and two of its underwriters, Elgina Cunningham and Kelly Kane, for violating the Fair Housing Act by discriminating against women on paid maternity leave.

BOSTON, MA - July 5, 2011 - (RealEstateRama) -- MassHousing announced today that it has closed $106.2 million in loans for the redevelopment of the Charlesview Apartments in Brighton, making the transaction the second-largest in MassHousing’s 45-year history for a single rental housing development.

West Hartford, CT - July 5, 2011 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with Than Merrill of A&E’s “Flip This House” and Bob Lachance, is announcing a July 2011 weekend seminar for real estate investors. This seminar will take place on Saturday July 16, 2011, from 9:00 am to 5:00 pm at the Crowne Plaza Hotel, 100 Berlin Road, Cromwell, CT. Admission for this event varies according to ticket type.

Boston, MA - July 5, 2011 - (RealEstateRama) -- Mayor Menino will declare a longstanding problem property and known site of drug use and prostitution as the first target of his Problem Properties Task Force.

EUGENE, OR - July 5, 2011 - (RealEstateRama) -- Amelia Island Nassau County MLS (AINCMLS) listings are displayed with ease and accessibility to all, on the IDX enabled website of Lila Keim. IDX, Inc. had provided thousands of agents and brokers around the country with the dynamic IDX Broker software, allowing real estate professionals to create unique and thorough websites and search pages. As a member of the AINCMLS, Keim has long had access to thousands of area property listings. Now, thanks to the innovative IDX solution Keim hosts, her clients can experience a level of accessibility once reserved only for agents and brokers. Never before has it been easier for Keim to supply AINCMLS listing data instantly and effortlessly to her clients.

Throggs Neck, NY - July 5, 2011 - (RealEstateRama) -- Mario Costanz and Walter Sarmiento, Broker/Owners of RE/MAX Results in the Bronx, have announced that Joel Rivera has joined their team of licensed real estate professionals. A newly licensed sales associate, Mr. Rivera will draw upon his more than 10 years of experience in public service and business acumen to provide comprehensive real estate services to communities throughout the Bronx. RE/MAX Results, located at 3717 East Tremont Avenue in Throggs Neck, provides comprehensive real estate services to property buyers and sellers throughout the Bronx, Yonkers, Lower Westchester and New York City.

WASHINGTON, DC - July 4, 2011 - (RealEstateRama) -- U.S. Rep. Bill Pascrell, Jr. (D-NJ-8) today joined other federal and City of Paterson officials in opening the Belmont Senior Apartments, which provide 85 units of affordable housing for seniors. The Congressman also announced a $425,491 grant from the U.S. Department of Housing and Urban Development for resident support services at the Belmont Senior Apartments and other affordable housing developments in the city.

DENVER, CO - July 4, 2011 - (RealEstateRama) -- Denver resident David Joseph Lawless, age 30, was named in a sealed criminal complaint on Monday, June 27th, on charges of arson of a building and other real property and use of a destructive device durin...

LAS VEGAS, NV - July 4, 2011 - (RealEstateRama) -- Rob Flitton, “The Closer”, of RE/MAX CENTRAL in Las Vegas, a talented and successful REALTOR® with more than 25 years of experience in the real estate and land development industries, has achieved yet another important milestone as a CERTIFIED INVESTOR AGENT SPECIALIST ™ (CIAS).

Los Angeles, CA - July 4 30, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (NYSE:CBG) today announced that it has completed the acquisition of ING Clarion Real Estate Securities (CRES) from Netherlands-based ING Group N.V. (ING). CB Richard Ellis’ acquisition of substantially all of ING’s Real Estate Investment Management (REIM) operations in Europe and Asia remains on schedule to close later this year. The total purchase price for the ING CRES and REIM businesses is approximately $940 million.

WASHINGTON, DC - July 4 30, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the June edition of the Obama Administration's Housing Scorecard– a comprehensive report on the nation’s housing market.

WASHINGTON, D.C. - July 1 30, 2011 - (RealEstateRama) -- The Board of Directors of the Overseas Private Investment Corporation (OPIC) approved $45 million to enable Habitat for Humanity International (HFHI) to expand its housing microfinance lending (HMF) – a growing impact investment sector that will help thousands of low-income families around the world build, improve, and maintain decent homes.

July 1 30, 2011 - (RealEstateRama) -- Contract renewal means program profits will continue to be invested in affordable housing throughout Iowa DES MOINES – The Iowa Finance Authority today announced that the agency has been awarded a contract renewa...

Kansas City, MO - July 1 30, 2011 - (RealEstateRama) -- Monthly single-family units permit activity edged up in May for the fourth consecutive month and for the first time this year surpassed the monthly year-over-year activity according to the Home Builders Association of Greater Kansas City (HBA). A total of 229 single-family units were permitted in May, up from 209 in April and up 7 percent over May 2010