Monthly Archives: September 2011

iPhone enabled real estate search made possible for Sacramento buyers, thanks to IDX Broker...

EUGENE, OR - September 7, 2011 - (RealEstateRama) -- Sacramento, California area home seekers can now experience an online real estate search experience comparable to none, on the IDX enabled website of Rocklin Realtor Shab Nash. Nash, a member of the Metrolist Sacramento Multiple Listing Service (MLS), she can display thousands of area listings instantly on her IDX synced website. Additional outlets, including an iPhone application, give potential Sacramento buyers more freedom and control than ever before afforded to home seekers throughout an online property real estate search.

Smarter agents and brokers, like Texan Sherry Perry, adopt IDX Broker software for their...

EUGENE, OR - September 7, 2011 - (RealEstateRama) -- Sherry Perry and IDX, Inc. have joined forces to bring new levels of ease and accessibility to the Bryan/College Station, Texas home search, by enabling an IDX solution that has revolutionized the we...

Economic Volatility Drags Real Estate

Destin, FL - September 7, 2011 - (RealEstateRama) -- Volatility in the stock market has diminished confidence in the U.S. housing market from recovering any time soon for the large majority of Americans, according to a new Housing Predictor survey.

Colliers International Recruits The Baziak Team to its Orange County and Downtown Los Angeles...

Orange County, CA - September 7, 2011 - (RealEstateRama) -- Colliers International, the second largest real estate services organization globally, welcomes Mark Baziak and his team Terrison Quinn, Peter Spragg, Mark Joens, Casey Mahony and Jesika Tran-Nguyen, to its Orange County and DTLA Offices.

NEARLY 1,000 CB RICHARD ELLIS PROFESSIONALS ACROSS THE U.S. TO PARTICIPATE IN HOUSING REBUILDING...

Los Angeles, CA - September 7, 2011 - (RealEstateRama) -- Nearly 1,000 CB Richard Ellis (CBRE) professionals at nearly 20 offices across the U.S. will “Get Out and Give Back” by helping to rebuild housing in their communities in September and October as part of CBRE’s BuildMonth 2011. This annual effort is the signature event of the CBRE Shelter Program, which focuses on providing shelter and housing to individuals in need. The initiative is a cornerstone of the Company’s corporate philanthropy program, CBRE Cares.

Colliers International Completes a 34,320-Square-Feet Mixed Use Building Sale Totaling $3.935 Million in Los...

Los Angeles, CA - September 7, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, has completed the sale of a 34,320-square-feet mixed use property located at 312 E 1st Street Los Angeles, Calif. The transaction is valued at $3.935 Million.

MBA Hires Jeffrey Schummer to be Vice President of Education

WASHINGTON, D.C. - September 7, 2011 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), today announced the appointment of Jeffrey M. Schummer as Vice President of Education. In this role, Schummer will be driving the strategic vision, development and growth of MBA's educational programs.

ADVOCATES PRAISE ONE-FOR-ONE REPLACEMENT REQUIREMENTS IN LATEST CHOICE NEIGHBORHOODS INITIATIVE AWARD

Washington, D.C. - September 7, 2011 - (RealEstateRama) -- Last week, the Department of Housing and Urban Development (HUD) awarded a total of $122 million to five communities for the redevelopment of distressed public and assisted housing.

New Improving Market Index Highlights Twelve Metro Areas Showing Sustained Economic Recovery

Pittsburgh and New Orleans Among Those Included - September 7, 2011 - (RealEstateRama) -- Today the National Association of Home Builders (NAHB) released its first NAHB/First American Improving Markets Index (IMI), a new economic index revealing metropolitan areas that have shown improvement for at least six months in three key economic areas—housing permits, employment and housing prices

JOHNSON OPENING STATEMENT ON MORTGAGE SERVICING HEARING

WASHINGTON, DC - September 6, 2011 - (RealEstateRama) -- Today, Senate Banking Committee Chairman Tim Johnson (D-SD) held a hearing to discuss national mortgage servicing standards. It was the eighth in a series of hearings the Committee has been holding related to housing finance reform.

HUD CHARGES CONNECTICUT PROPERTY OWNER, MANAGER WITH DENYING HOUSING TO AFRICAN AMERICAN FAMILY

WASHINGTON, DC - September 6, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced that it is charging Merline and Clifton Hylton, the owner and manager of a rental home in Windsor Locks, Connecticut with violating the Fair Housing Act for denying a request by biracial tenants to sublease their home to an African American family. The current tenants allege that Mr. Hylton told them he was rejecting the prospective sub-tenants because he “did not want too many blacks at the property.”

Tax Credit Finance Team Joins Nixon Peabody’s NYC Office; New Partners Alan Cohen and...

New York, NY. - September 6, 2011 - (RealEstateRama) -- International law firm Nixon Peabody LLP has expanded its Tax Credit Finance and Syndication practice in New York City with the arrival of two partners Alan S. Cohen and Mark A. Kreitman, associate Amy Curry, and paralegal George Steiner. Mr. Cohen and Mr. Kreitman most recently led Paul Hastings’ affordable housing tax credit practice.

Gov. Perry: All Necessary State Resources Made Available to Protect Lives, Property

Austin,, TX - September 6, 2011 - (RealEstateRama) -- Gov. Rick Perry continues to closely monitor the ongoing wildfires with updates from his staff and State Emergency Management Chief Nim Kidd. He will return to Texas this afternoon. The governor i...

The Spring Creek Realty Group and Spring Bengtzen bring detailed real estate searches to...

EUGENE, OR - September 6, 2011 - (RealEstateRama) -- Spring Bengtzen of Spring Creek Realty Group has teamed with IDX, Inc. to make her clients' real estate search simpler than ever before. Weber County MLS listings are seamlessly displayed on the search page Bentgtzen hosts, creating a database with thousands of detailed property listings right at her clients' fingertips. By integrating IDX Broker software onto her website, Bengtzen has transformed the online real estate marketplace for her clients and her business.

Homebuyers and Real Estate Professionals Wanted for Website Focus Groups

Leesburg VA - September 6, 2011 - (RealEstateRama) -- Loudoun County is inviting potential or recent homebuyers and real estate professionals to participate in focus groups to test newly-created Loudoun County Homebuyer Education web pages. After ex...

Triennial Recertification of Exempt Properties

Hampton, VA - September 6, 2011 - (RealEstateRama) -- In accordance with the Code of Virginia and the Hampton Municipal Code the owners of properties which have been exempted from taxation are being sent Exemption Retention Applications. The trienni...

Savanna Signs Four New Office Leases Totaling Approximately 15,500 Square Feet at 5 Hanover...

New York, NY - September 6, 2011 - (RealEstateRama) -- Savanna, a New York-based real estate private equity and asset management firm, today announced the signing of four new office leases totaling 15,500 square feet at 5 Hanover Square, bringing the building’s occupancy to 82 percent. The 25-story, 333,000-square-foot multi-tenant office building in Manhattan’s Financial District is in the final stages of a comprehensive capital improvement plan. Savanna has leased 35,000 square feet of space since acquiring the Property in September 2010.

HUDSON REALTY CAPITAL LLC FUNDS $10.2 MILLION CONSTRUCTION LOAN FOR PROPOSED MIXED-USE BUILDING IN...

NEW YORK CITY, N.Y. - September 6, 2011 - (RealEstateRama) -- A $10.2 million construction loan has been funded by Hudson Realty Capital LLC, a New York City-based real estate fund manager. The sponsor will utilize the multi-tranche loan to proceed with site demolition and construction of a 23,306-square-foot mixed-use building in SoHo.

HUDSON REALTY CAPITAL LLC FUNDS $10.2 MILLION CONSTRUCTION LOAN FOR PROPOSED MIXED-USE BUILDING IN...

NEW YORK CITY, N.Y. - September 6, 2011 - (RealEstateRama) -- A $10.2 million construction loan has been funded by Hudson Realty Capital LLC, a New York City-based real estate fund manager. The sponsor will utilize the multi-tranche loan to proceed with site demolition and construction of a 23,306-square-foot mixed-use building in SoHo.

The Technical and Financial Assistance Necessary for Recovery

MONTPELIER, VT - September 6, 2011 - (RealEstateRama) -- "As Vermonters start to rebuild their homes and businesses, we want to help provide the technical and financial assistance necessary to ensure that reconstruction yields healthier, safer, more en...

Real Estate Graduate Students Awarded Scholarships

COLLEGE STATION (Real Estate Center) - September 6, 2011 - (RealEstateRama) -- Two students in the Masters of Real Estate (MRE) program of Mays Business School have been named recipients of $5,000 scholarships from the Real Estate Center at Texas A&#38...

Real Estate Graduate Students Awarded Scholarships

COLLEGE STATION (Real Estate Center) - September 6, 2011 - (RealEstateRama) -- Two students in the Masters of Real Estate (MRE) program of Mays Business School have been named recipients of $5,000 scholarships from the Real Estate Center at Texas A&M University.

Real Estate Graduate Students Awarded Scholarships

COLLEGE STATION (Real Estate Center) - September 6, 2011 - (RealEstateRama) -- Two students in the Masters of Real Estate (MRE) program of Mays Business School have been named recipients of $5,000 scholarships from the Real Estate Center at Texas A&M University.

Burt Reynolds set to lose Florida property

September 6, 2011 - (RealEstateRama) -- Burt Reynolds was once one of Hollywood’s highest paid and well-known actors. But now, at the age of seventy five, the “Deliverance” star faces losing his Florida home as his debts continue to grow.

Servicemembers Civil Relief Act – Batch Processing Services Available

WASHINGTON, DC - September 6, 2011 - (RealEstateRama) -- The Servicemembers Civil Relief Act Centralized Verification Service (SCRACVS) has rolled out a secure site that permits batch processing of active-duty military verifications under the Servicemembers Civil Relief Act.

Real Estate Graduate Students Awarded Scholarships

COLLEGE STATION (Real Estate Center) - September 6, 2011 - (RealEstateRama) -- Two students in the Masters of Real Estate (MRE) program of Mays Business School have been named recipients of $5,000 scholarships from the Real Estate Center at Texas A&M University.

HUD AWARDS $52.6 MILLION TO NATIVE AMERICAN COMMUNITIES FOR HOUSING AND ECONOMIC DEVELOPMENT FOR...

WASHINGTON, DC - September 6, 2011 - (RealEstateRama) -- Today, the U.S. Department of Housing and Urban Development awarded more than $52 million in grants to tribal communities in 21 states to improve or create housing and economic development opportunities for low- to moderate-income families. The competitive grants are provided through HUD’s Indian Community Development Block Grant (ICDBG) Program to support a wide variety of community development and affordable housing activities

Conrad, Hoeven Inspect Temporary Housing for Displaced Residents in Minot

Minot, ND - September 6, 2011 - (RealEstateRama) -- Senators Kent Conrad and John Hoeven led a group of community officials and representatives from the U.S. Army Corps of Engineers and Federal Emergency Management Agency (FEMA) today to examine the...

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR THE STATE OF NEW HAMPSHIRE STORM VICTIMS

WASHINGTON, DC - September 7, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of New Hampshire and provide support to homeowners and low-in...

Tax Credits Advanced for Affordable Housing in Minot

BISMARCK, ND - September 6, 2011 - (RealEstateRama) -- As a part of the state’s flood recovery efforts, the Industrial Commission of North Dakota has approved a plan by the North Dakota Housing Finance Agency (NDHFA) to make an advance commitment of ...

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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