Yearly Archives: 2011

Demographic Changes Mean Dramatic Shifts In Demand for California Housing: ULI Report Finds Imbalance...

WASHINGTON, DC - December 12, 2011 - (RealEstateRama) -- Californians’ housing preferences are changing rapidly—outpacing the rate at which the housing stock can be adapted. This will lead to a dramatic mismatch between housing supply and demand th...

Center for Green Schools at U.S. Green Building Council Releases “Best of Green Schools...

WASHINGTON, D.C. - December 12, 2011 - (RealEstateRama) -- The U.S. Green Building Council's Center for Green Schools, working in conjunction with its founding sponsor, United Technologies Corp., today released its inaugural Best of Green Schools 2011 ...

JETS’ SHONN GREENE HIGHLIGHTS BROKER OPEN HOUSE AT 570 BROAD

NEWARK, N.J. - December 12, 2011 - (RealEstateRama) -- Miles Berger (right), chairman and CEO of The Berger Organization, welcomed New York Jets Running Back Shonn Greene as the guest of honor during a broker open house at the 570 Broad office tower in...

Hanley Investment Group Sells Brand New Single-Tenant Walgreens in Lake Elsinore, Calif. for $8...

IRVINE, CA - December 12, 2011 - (RealEstateRama) -- Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the western United States and a market leader in the sale of retail properties, announced today that...

EXECUTIVE AIRPORT BUSINESS CENTER PURCHASED FOR $3.4 MILLION

Fort Lauderdale, FL - December 12, 2011 - (RealEstateRama) -- Sale transactions involving commercial real estate assets at significantly reduced prices continue to flood the investment properties market. Supporting this trend was KAS Airport, LLC’s $...

Coalition for the Homeless Presents Nixon Peabody’s Deborah VanAmerongen with “Key of Excellence Award”

Jericho, NY, and New York City - December 12, 2011 - (RealEstateRama) -- Nixon Peabody LLP is pleased to announce that the Long Island Coalition for the Homeless has presented Deborah VanAmerongen with the “Key of Excellence Award.”

Central Indiana home sales up more than 7 percent in November

INDIANAPOLIS, IN - December 12, 2011 - (RealEstateRama) -- More than 1,400 homes pended in November, with all but two Central Indiana counties reporting increased sales compared to the same time period last year, according to statistics compiled by F.C...

John Gallin & Son Constructs Prototype “Sushi-teria” at 601 Lexington Avenue

NEW YORK CITY, NY - December 9, 2011 - (RealEstateRama) -- Construction firm John Gallin & Son has completed work on the city’s first “Sushi-teria” for noted restaurateur Victor Chan, at the Atrium Shops + Cafés at 601 Lexington Avenue (for...

Langevin and Cicilline Fight for the Low-income Housing Energy Assistance Program (LIHEAP)

WASHINGTON, D.C. - December 9, 2011 - (RealEstateRama) -- U.S. Congressmen James Langevin (RI-02) and David Cicilline (RI-01), are taking a lead role in trying to preserve heating assistance for struggling families this winter. Rhode Island’s two rep...

Former Mountain View Businessmen Plead Guilty to Real Estate Investment Fraud

SAN FRANCISCO, CA - December 9, 2011 - (RealEstateRama) -- James Stanley Ward, Edward George Locker, and Richard Ferguson Tipton pleaded guilty in federal court in San Francisco to conspiracy to commit mail and wire fraud, United States Attorney Melind...

Housing Subcommittee Unanimously Approves Congressman Al Green’s Homes for Heroes Act.

Washington, DC - December 9, 2011 - (RealEstateRama) -- This week, the House Financial Services Committee, Subcommittee on Insurance, Housing and Community Opportunity passed H.R. 3298, the Homes for Heroes Act. The bill establishes a Special Assistant...

Real Estate Firm Gateside Corporation Relocates To Malkin Properties’ 500 Mamaroneck Ave. in Harrison

HARRISON, N.Y. - December 9, 2011 - (RealEstateRama) -- Gateside Corporation, a commercial and residential real estate development and investment company, has sold its offices in Rye, NY, and will relocate to Malkin Properties’ 500 Mamaroneck Avenue ...

Himes, Blumenthal Announces $2.8 Million for Norwalk’s Kingsway Senior Housing

WASHINGTON, DC - December 9, 2011 - (RealEstateRama) -- Kingsway Senior Housing Facility, Congressman Jim Himes (CT-4), and Senator Richard Blumenthal (CT) announced today that the retirement community in Norwalk will receive a grant of $2,836,302 to c...

MassHousing Closes $2.7 Million for Tri-Town Landing Apartments in Lunenburg

BOSTON, MA - December 9, 2011 - (RealEstateRama) -- MassHousing announced today that it has closed $2.7 million in loans for the first phase of the Tri-Town Landing Apartments, a 66-unit rental development in a Smart Growth District in Lunenburg.

NLIHC Calls on Congress to Support Protecting Tenants at Foreclosure Act Extension

WASHINGTON, D.C. - December 9, 2011 - (RealEstateRama) -- The Protecting Tenants at Foreclosure Act (PTFA), passed in 2009 and signed into law by President Obama, guarantees that banks and other new owners of rental housing after foreclosure provide at...

HouseLogic Poll Finds Voters Driven by Jobs, Housing in 2012 Election

Washington, DC - December 9, 2011 - (RealEstateRama) -- A recent survey by Houselogic.com, the consumer website from the National Association of Realtors®, finds that jobs and the housing market will be two of the most important issues for voters in t...

CUSHMAN & WAKEFIELD BROKERS HQ LEASE FOR ADVANCE HOUSING, INC.

TETERBORO, N.J. - December 9, 2011 - (RealEstateRama) -- Advance Housing, Inc., a state-funded Community Housing Development Organization, has leased 14,000 square feet for its headquarters at 100 Hollister Road in Teterboro, announced commercial real ...

REALTORS® Applaud Bill to Protect Taxpayers From Mortgage Industry Bailouts

Washington, DC - December 9, 2011 - (RealEstateRama) -- The National Association of Realtors® supports legislation introduced today that provides sensible reform of the secondary mortgage market and protects the interest of taxpayers.

Cervera Real Estate Founder Alicia Cervera Senior Receives Master Broker Lifetime Achievement Award

Miami, FL - December 9, 2011 - (RealEstateRama) -- The Master Brokers Forum, an organization comprised of South Florida's top residential real estate professionals, awarded Alicia Cervera Sr. a Lifetime Achievement Award for her years and dedication to...

Flawed Appraisals Killing Home Sales, Hampering Housing Recovery

WASHINGTON, D.C. - December 9, 2011 - (RealEstateRama) -- One out of three builders are reporting losing signed sales contracts during the preceding six months because appraisals on their homes are less than the contract sales price, according to a rec...

Lee & Associates Closes Lease Deal and Two Sales, as East Valley Commercial Real...

Phoenix, AZ - December 9, 2011 - (RealEstateRama) -- Lee & Associates Arizona is pleased to announce a pair of commercial property sales and a five-year lease in the East Valley. In the first deal, the Freeway Executive Center II office developmen...

Liberal and Conservative News Outlets Unite For Common Cause

Outer Banks, NC - December 8, 2011 - (RealEstateRama) -- Despite the constant battles between liberal and conservative news outlets they have united under one banner for a common cause. With their combined influence over the American public they have s...

Kitty Hawk Real Estate Market Update 10/8/11

Outer Banks, NC - December 8, 2011 - (RealEstateRama) -- The Kitty Hawk real estate market is humming right along even with all the negative propaganda we seel on TV. In this year so far from Jan 1 to October 8, 2011 there have been 72 closed real esta...

Light at The End of The Tunnel for OBX Real Estate Sales

Outer Banks, NC - December 23, 2011 - (RealEstateRama) -- Ignoring the trend around the country the Outer Banks is continuing to see an increased in the number of real estate sales transactions. This is the third year in a row we have experienced an in...

Duck Real Estate Update 9/18/11

December 8, 2011 - (RealEstateRama) -- 52 single family properties have been sold and closed so far this year in the town of Duck. The total dollar amount for these properties combined is $35,310,980.00 and the median price was $600,000.

NYCEDC Seeks Proposals to Reactivate a Vacant Property in Flushing, Queens

New York, NY - December 8, 2011 - (RealEstateRama) -- New York City Economic Development Corporation (NYCEDC) today issued a Request for Proposals (RFP) for the disposition and redevelopment of an approximately 2,500 square foot property located at 135...

Garrett Chairs Hearing to Examine Private Mortgage Market Investment Act

WASHINGTON, DC - December 8, 2011 - (RealEstateRama) -- Rep. Scott Garrett (R-NJ), Chairman of the Financial Services Subcommittee on Capital Markets and Government-Sponsored Enterprises, delivered the following opening statement today at a hearing to ...

Turner Building Cost Index Reflects a .49% Increase from Third Quarter

WASHINGTON, D.C. - December 8, 2011 - (RealEstateRama) -- Approximately 90% of Turner’s business is performed under contract arrangements, where Turner provides extensive preconstruction planning services before the contract price is fixed and before...

Housing Authority Addresses Issues At Apartments

December 8, 2011 - (RealEstateRama) -- The Hampton Redevelopment and Housing Authority now owns the Harbor Square Apartments in downtown Hampton and is taking steps to address the most serious problems at the complex.

County holds line on property taxes, braces for state budget cuts

Vancouver, WA - December 8, 2011 - (RealEstateRama) -- The Board of County Commissioners approved a balanced budget for 2012 following a public hearing Tuesday night, as required by law. In a unanimous vote, the commissioners adopted recommendations ...

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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