Monthly Archives: August 2011

Four Florida Men Charged in Boston with Defrauding Homeowners in Home Loan Modification Scam

WASHINGTON, DC - August 9, 2011 - (RealEstateRama) -- Four Florida men were arrested today on charges that they defrauded homeowners in Massachusetts and elsewhere in connection with a home loan modification scam, announced Assistant Attorney General Lanny A. Breuer of the Justice Department’s Criminal Division, U.S. Attorney Carmen M. Ortiz for the District of Massachusetts and Christy Romero, Acting Special Inspector General for the Troubled Asset Relief Program (SIGTARP).

Capps Announces Over $3 Million In Federal Funding For Affordable Housing in San Luis...

San Luis Obispo, CA - August 9, 2011 - (RealEstateRama) -- Today Congresswoman Lois Capps (CA-23) announced that the San Luis Obispo County Housing Authority has been awarded three grants from the U.S. Department of Housing and Urban Development to ensure the availability of affordable housing, including a $1.9 million Community Development Block Grant (CDBG), $1.2 million HOME grant, and nearly $92,000 Emergency Shelter Grant.

Treasurer Clint Zweifel says millions in unclaimed cash available at the State Fair

SEDALIA, MO - August 9, 2011 - (RealEstateRama) -- State Treasurer Clint Zweifel (ZWY-ful) announced today that members of his Unclaimed Property team will be at the 2011 State Fair each day starting Thursday, Aug. 11, from 10 a.m. to 4 p.m. in the Mat...

State Treasurer Clint Zweifel warns Missourians of Unclaimed Property email scam

JEFFERSON CITY, MO - August 9, 2011 - (RealEstateRama) -- State Treasurer Clint Zweifel (ZWY-ful) is warning Missourians of an email scam being sent nationwide that claims the recipient is owed $2.8 million in Unclaimed Property found in a metal trunk ...

OFIR Releases PSAs Helping Consumers Shop for Auto, Home Insurance

LANSING, MI - August 9, 2011 - (RealEstateRama) -- The Office of Financial and Insurance Regulation (OFIR) announced today that it has released radio public service announcements (PSAs) aimed at helping Michigan consumers shop around for more affordable automobile and homeowners insurance rates. The PSAs, which can be heard on radio stations throughout the state, advise Michigan drivers and homeowners to use OFIR resources to help them stretch their insurance dollar.

Jones Lang LaSalle Completes 32,259-SF Renewal, Expansion for ABN AMRO Holdings at 100 Park...

NEW YORK, NY - August 9, 2011 - (RealEstateRama) -- Jones Lang LaSalle has completed a lease renewal and expansion for ABN AMRO Holdings USA LLC with SL Green Realty Corp. at 100 Park Avenue. The bank signed an 11-year lease for a total of 32,259 square feet at the 825,815-square-foot, Class A office building.

Francine Mendoza utilizes iPhone-enabled IDX Broker software to match Los Alamos clients to the...

EUGENE, OR - August 9, 2011 - (RealEstateRama) -- Francine Mendoza has become the latest real estate agent to integrate a customized IDX solution onto her website, thanks to IDX, Inc. and the extraordinary IDX Broker software. Mendoza hosts a dynamic s...

GEORGETOWN COMMUNITY SITE SOLD FOR $800,000

Ft. Lauderdale, FL - August 9, 2011 - (RealEstateRama) -- CB Richard Ellis (CBRE) arranged the sale disposition of a 27-acre Georgetown Community site for $800,000 to Arch, LLC. The bank-owned asset comprised six fee-simple completed units and 118 finished fee-simple lots with entitlements and infrastructure. The site is situated on the southern part of the 320-unit Georgetown Community partially developed by Centerline Homes in 2005.

NAIOP Forecast: Industrial Space Demand Industrial space demand slowly growing, with greater demand projected...

Washington, D.C. - August 9, 2011 - (RealEstateRama) -- The NAIOP Research Foundation today released the Industrial Space Demand Forecast, the third forecast from a model that analyzes important economic factors and net absorption data to predict future demand for industrial real estate.

MassHousing Announces Loan Closing of $7.1 Million to Preserve Affordable Housing for Senior Citizens...

BOSTON, MA - August 9, 2011 - (RealEstateRama) -- MassHousing announced a loan closing today of $7.1 million to preserve affordability for senior citizens at the 80-apartment Lamplighter Village in Canton.

NAHB Announces Call for Entries for the 2012 National Sales & Marketing Awards

WASHINGTON, D.C. - August 9, 2011 - (RealEstateRama) -- New home sales and marketing professionals are encouraged to submit entries for the 2012 National Sales and Marketing Awards, sponsored by the National Association of Home Builders (NAHB) National Sales and Marketing Council. The Awards, better known as “The NationalsSM,” pay tribute to superior sales and marketing achievements by individual sales and marketing professionals, home builders and associates.Now in its 31st year, The Nationals is considered the nation's largest and most prestigious competition for sales and marketing professionals and communities. Entries can be submitted in nearly 50 awards categories, and include recognition for professional excellence in design, architecture, advertising, marketing, merchandising and sales achievement.

MA Wins $63.4 Mil To Expand Econ Development, Affordable Housing, Supportive Services

BOSTON, MA - August 9, 2011 - (RealEstateRama) -- Senators John Kerry and Scott Brown, along with Representatives Edward Markey, Jim McGovern, John Tierney, Stephen F. Lynch, and Niki Tsongas announced that 18 Massachusetts cities and towns will receive more than $63.4 million from the U.S. Department of Housing and Urban Development (HUD) to support economic development projects, increase affordable housing opportunities, improve area homeless shelters, and expand support services for low-income individuals living with HIV/AIDS and their families.

Snyder appoints member to Board of Real Estate Brokers and Salespersons

LANSING, MI - August 8, 2011 - (RealEstateRama) -- Gov. Rick Snyder today appointed Lauren Eisbrenner to the Michigan Board of Real Estate Brokers and Salespersons.

Kentwood Real Estate Holds Company-Wide Picnic at City Park Pavilions

August 8, 2011 - (RealEstateRama) -- Kentwood Real Estate held its annual company-wide picnic on Tuesday, August 2, 2011 at City Park Pavilions. More than 250 guests enjoyed the summer picnic featuring lawn games, Frisbees, croquet, lawn darts, and mu...

Harry Norman, REALTORS® Welcomes New Agents

- August 8, 2011 - (RealEstateRama) -- Harry Norman, Realtors® is pleased to announce the addition of several new agents to branch offices.

Lee & Associates West L.A. Transacts Sale of Google Building

Torrance, CA - August 8, 2011 - (RealEstateRama) -- The West Los Angeles office of Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, represented both the buyer and seller of the Google building, an iconic, 45,000-square-foot structure in Santa Monica, Calif., currently occupied by the Internet search engine giant. The terms of the acquisition were not disclosed.

MBA Hires Brian Hartman to be Associate Vice President of Marketing

WASHINGTON, D.C. - August 8, 2011 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), today announced the appointment of Brian Hartman as Associate Vice President of Marketing. In this role, he will help develop, execute and manage MBA’s direct marketing programs. He will work in close partnership with other departments in MBA’s Communications, Marketing and Education Group to maximize marketing impact. He will also serve as a strategic partner to other MBA business units in an effort to maintain and improve the customer’s and member’s “return on investment.”

Luxury Portfolio International™ Secures Premiere Independent Firms By Mid-Third Quarter

CHICAGO, IL - August 8, 2011 - (RealEstateRama) -- Luxury Portfolio International™, the luxury face of Leading Real Estate Companies of the World®, is honored to report a successful second quarter of recruiting with the announcement of several prestigious domestic and international members to the program. These new members are top firms, both in terms of sales volume and number of agents in their select markets.

Leading Real Estate of the World® Continues To Increase Membership

CHICAGO, IL - August 8, 2011 - (RealEstateRama) -- Leading Real Estate Companies of the World® (LeadingRE), the world's largest network of leading independent real estate brokers, achieved continued progress in its quality-focused membership growth strategy in recent months, welcoming several highly regarded independent brokerages to the network.

Cross Creek at Chesterfield & The Estates at Cross Creek

Princeton Junction, NJ - August 8, 2011 - (RealEstateRama) -- The Franklin Group, including Sally Franklin, Samuel Franklin and Peter Franklin, sales associates with Gloria Nilson, Realtors, Real Living in Princeton Junction are currently marketing Cross Creekat Chesterfield, 318 extraordinary homes in 7 neo traditional designs with community parks and tot lots, as well as The Estates at Cross Creek, an intimate enclave of only 23 homes located on a quiet cul-de-sac street.

NeighborWorks America Kicks Off NeighborWorks Training Institute in Atlanta

Atlanta, GA - August 8, 2011 - (RealEstateRama) -- Today NeighborWorks America, the nation’s leading training of community development professionals, kicked off what is expected to be the second largest NeighborWorks Training Institute in the NeighborWorks history. More than 2,000 community development practitioners are expected to attend this week’s Training Institute in Atlanta, August 8-12, 2011.

NeighborWorks Lending Efforts Get a Boost from Over $16 Million in CDFI Funds

Washington, D.C. - August 8, 2011 - (RealEstateRama) -- Efforts to increase access to affordable lending products got a boost recently when 19 members of the NeighborWorks network received over $16.9 million as part of grants made by the U.S. Department of the Treasury’s Community Development Financial Institution (CDFI) program. Combined with grants from NeighborWorks America, local governments, foundations and the private sector, these small- and medium-sized nonprofit businesses continue to lend in their local communities, and provide access to affordable loan products and services to low- and moderate-income borrowers.

FORMER GENERAL REINSURANCE HQ IN STAMFORD GENERATING CONSIDERABLE INTEREST

STAMFORD, CT - August 8, 2011 - (RealEstateRama) -- The former General Reinsurance Corporation headquarters at 695 East Main Street in Stamford, currently being marketed by Cushman & Wakefield's Metropolitan Area Capital Markets Group (CMG), has generated considerable interest since the offering was announced recently. Recognized as the premier office asset in Connecticut, the 560,000-square-foot property offers frontage and high visibility from I-95.

365 Connect ReceivesThree MHN Technology Choice Awards

NEW ORLEANS, LA - August 8, 2011 - (RealEstateRama) -- 365 Connect, the New Orleans based, award-winning online platform architect for the multifamily industry, announced today that it was named a 2011 MHN Technology Choice Award Winner in three categories by Multi-Housing News. These awards further cement 365 Connect’s role as the leader in creating leading edge, web-based technology platforms for the multifamily industry.

Punta Gorda Realtor transforms online real estate solution with IDX synced search page

EUGENE, OR - August 8, 2011 - (RealEstateRama) -- Today, IDX, Inc. announces Erin Catron has become the latest real estate agent to adopt a customizable IDX solution for her real estate website. Her IDX solution now seamlessly integrates thousands of Mid Florida Regional MLS (MFRMLS) listings onto her search page, creating a thorough database of properties for her clients to explore and experience online. IDX Broker software has been added by Catron to her website, and in the process, completely revolutionized the way Catron presents listings to her clients and other potential Port Charlotte, Florida buyers

MSU Extension offers free “Home Ownership” series on August 11, 18 & 25.

Clinton Township, MI - August 8, 2011 - (RealEstateRama) -- MSU Extension is offering a 3-part workshop on Home Ownership on August 11, 18 & 25, 2011 from 6:30 to 8:30 p.m. at the Verkuilen Building, 21885 Dunham Rd., Suite 12, Clinton Township.

GoFightForeclosure.com Top Five Foreclosure Tactics To Get The Bank To Cancel Foreclosure Sales

Atlanta, GA - August 8, 2011 - (RealEstateRama) -- Gofightforeclosure.com a self help system that shows homeowners defenses to fight home foreclosure and mortgage fraud through tactics how to challenge mortgage notes. Today announced the top five foreclosure tactics to get the bank to cancel foreclosure sales. Citing that bank foreclosures are rarely enforceable because of the lack of security interest.

MARC PETRELLA JOINS CUSHMAN & WAKEFIELD AS SENIOR DIRECTOR

EDISON, N.J. - August 8, 2011 - (RealEstateRama) -- Commercial real estate industry veteran Marc Petrella of Belmar, N.J., has joined Cushman & Wakefield, Inc. in Edison as a senior director in the firm’s Central New Jersey industrial practice. He most recently served as first vice president/market officer at Prologis, where he was responsible for the overall performance and profitability of the company’s 18.6 million-square-foot New Jersey industrial real estate portfolio.

Survey Shows Americans Feeling Poorer

Destin, FL - August 8, 2011 - (RealEstateRama) -- The ailing “Wealth Effect” is hurting the U.S. Falling home values have stopped homeowners from taking a family vacation this summer, completing a home improvement project or making a big purchase depressing the overwhelming majority of Americans, according to a new Housing Predictor opinion poll.

US Labor Department announces more than $5.4 million in job training grants to benefit...

WASHINGTON, DC - August 5, 2011 - (RealEstateRama) -- The U.S. Department of Labor today announced 23 grants totaling $5,436,148 to provide homeless veterans with job training aimed at helping them succeed in civilian careers. The grants are being awarded by the department's Veterans' Employment and Training Service through the Homeless Veterans Reintegration Program.

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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