Investing

BEDFORD, N.H. - May 11, 2011 - (RealEstateRama) -- At its recent meeting, New Hampshire Housing Finance Authority’s Board of Directors approved the commitment of nearly $3 million in federal tax credits that will be used to support construction of 21...

WASHINGTON, DC - May 11, 2011 - (RealEstateRama) -- Fannie Mae's latest national housing survey finds that Americans expressed more cautious optimism during the first quarter of 2011 than in the fourth quarter of 2010, but they continue to lack confidence in the overall strength of the housing market and economic recovery. The First-Quarter 2011 Fannie Mae National Housing Survey polled homeowners and renters between January 2011 and March 2011. Findings were compared to similar surveys conducted throughout 2010 and December 2003.

Washington, DC - May 11, 2011 - (RealEstateRama) -- Now is the time for Realtors® to come to the aid of their industry, on behalf of the nation’s 75 million home owners, aspiring home owners, real estate investors, and the nation’s economy. That was the message delivered today during “59 and ½ Minutes: A Member-Director Forum” during the Realtors® Midyear Legislative Meetings & Trade Expo here.

West Hartford, CT - May 9, 2011 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with Dave Lindahl, is announcing the May 2011 CT REIA monthly meeting for real estate investors. This event will take place on Monday May 23, 2011, from 5:30 pm to 9:00 pm at the Crowne Plaza Hotel, 100 Berlin Road, Cromwell, CT. This event is free for CT REIA members and $30 for not-yet-members.

ORLANDO, FL - May 6, 2011 - (RealEstateRama) -- With the state Legislature’s passage of HJR 381/SJR 658, lawmakers have made it clear today that they share the goal of Florida Realtors® in bringing fairness to Florida's property tax system. As Florida leaders seek ways to attract businesses, out-of-state buyers and investors to the Sunshine State, the appeal of a property tax incentive is a strong one.HJR 381/SJR 658 would, among other things, provide property tax relief to non-homestead owners and first-time buyers.

IRVINE, CA - May 5, 2011 - (RealEstateRama) -- RealtyTrac® (www.realtytrac.com), the leading online marketplace for foreclosure properties, and SmartZip Analytics (www.smartzip.com), a leader in real estate analytics, today announced that SmartZip’s HomeScore™ has been integrated on nearly 2 million foreclosure and for-sale properties posted on the RealtyTrac website, allowing users to instantly locate properties that have the best potential for appreciation over time

IRVINE, CA - May 5, 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 Edward B. Hanley and William B. Asher represented the seller in the sale of a 7,866-square-foot multi-tenant retail building within a Lowe's anchored shopping center in Ontario, Calif. The purchase price was not disclosed.

Des Plaines, IL - May 4, 2011 - (RealEstateRama) -- Spring is in the air, and homeowners are starting to plan their dream home remodeling projects. To commemorate May as National Home Improvement Month, the National Association of the Remodeling Industry (NARI) offers homeowners a few words of advice for getting the most value out of your remodeling investment.

Chicago, IL - May 4, 2011 - (RealEstateRama) -- Cushman & Wakefield of Illinois, Inc. (C&W) announces the largest industrial portfolio sale in the Midwest since the economic downturn began in 2008. The portfolio, which includes seven buildings in northwest Chicago and one in the Milwaukee, WI, area, totals more than two million square feet. Jim Carpenter, Senior Director, and Ken Szady, Executive Director, from C&W’s Capital Markets Group, represented the seller, a joint venture between Interstate Partners and Towne Investments, in the marketing and sale of the portfolio. In addition, Cushman & Wakefield Sonnenblick Goldman, the firm’s debt and equity finance division, secured permanent financing of the portfolio for the buyer, Stockbridge Real Estate Funds.

WASHINGTON, DC - May 4, 2011 - (RealEstateRama) -- HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, released its March 2011 loan modification data, which shows that an estimated 210,000 homeowners received permanent, proprietary loan modifications from mortgage servicers for the first quarter of 2011. This estimate does not include loan modifications through Home Affordable Modification Program (HAMP), and industry totals will be updated once official government reports are published.

LAGUNA HILLS, CA - May 3, 2011 - (RealEstateRama) -- The Muller Company, a full service real estate company specializing in management, investment and development of commercial real estate in the western United States, announced today that the leasing team at the Taj Mahal Medical Center located in Laguna Hills, Calif. has signed its first medical lease since the start of construction and the official rebranding of the project in March, 2011

ALISO VIEJO, CA - May 3, 2011 - (RealEstateRama) -- CT Realty Investors and WLCM have entered into a joint venture to acquire apartment communities in select coastal submarkets throughout Southern California. The CT joint venture just acquired three communities in Costa Mesa for approximately $10 million which include 55 units located within a mile of each other.

SAN FRANCISCO, CA - May 3, 2011 - (RealEstateRama) -- PCCP, LLC, SRM Associates and Scott Newman, a private individual, have announced they have formed a joint venture to develop a four-building 160,000-square-foot build-to-suit office project in Alameda, Calif. for VF Outdoor, Inc., a subsidiary of VF Corporation. The project will serve as the global headquarters for VF Outdoor and its brands including The North Face®, JanSport® and lucy®. Ground breaking for the project occurred today and completion is anticipated in summer 2012. Phil Lombardo and John McManus of Cushman and Wakefield represented VF Outdoor.

Des Plaines, IL - May 2, 2011 - (RealEstateRama) -- Spring is in the air, and homeowners are starting to plan their dream home remodeling projects. To commemorate May as National Home Improvement Month, the National Association of the Remodeling Industry (NARI) offers homeowners a few words of advice for getting the most value out of your remodeling investment

Scottsdale, AZ - May 2, 2011 - (RealEstateRama) -- You can view all short sales, bank owned homes, short sales, and REO properties for sale for free by going to http://www.nicholasmcconnell.com then click property search. There, you can search by price range, zip code, school district, square footage, number of bedroom, number of bathrooms, and much more for free.

West Hartford, CT - April 29, 2011 - (RealEstateRama) Wealth Building Conference with Dave Lindahl June 4-5, 8:00 am to 5:00 pm Comfort Inn. 900 East Main Street. Meriden, CT

Tampa Bay, FL - April 28, 2011 - (RealEstateRama) -- CB Richard Ellis (CBRE) arranged the sale of Westbury at Lake Brandon Apartments located in Brandon, Florida for $33.1 million, or $90,437 per unit. The 366-unit, Class A apartment community was purchased by Alliance Residential Company, a private investment company based in Phoenix, Arizona.

Miami, FL - April 28, 2011 - (RealEstateRama) -- The Federated Companies, a leading national real estate investment and development firm, is pleased to announce that it has purchased a 4.17 acre development project, Legacy Park Wakefield in Wakefield, Massachusetts. The project is a MGL 40-B mixed-income market rate/affordable rental community which will consist of two, four-story garden buildings and one, three-story townhome building containing 128 total units. The garden style unit's floor plans are a mix of one, two, and three bedroom layouts, and the units range in size from 842 to 1,230 square feet. Additionally, the project will include fourteen townhouse residences located in an adjacent three-story structure. The townhouses are three bedrooms, 1.5 baths, and 2,250 square feet. Construction is slated to begin in the next few weeks with completion scheduled for the first quarter of 2012 and pre-leasing at the end of 2011.

West Hartford, CT - April 28, 2011 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, is announcing its 1st annual Business and Entrepreneur Summit. This event will take place on Saturday May 21, 2011, from 9:00 am to 4:30 pm at the Rocky Hill Marriott, 100 Capitol Boulevard in Rocky Hill, CT. Pricing for this event varies and is dependent on which ticket option is chosen. For ticket options, please visit bizsummit.info.

COLUMBIA, S.C. - April 27, 2011 - (RealEstateRama) -- Repeal of Point of Sale reassessments will increase investment in South Carolina real estate upward of $2.4 billion, resulting in a direct impact on jobs and the economy, according to an economic analysis commissioned by the South Carolina REALTORS® (SCR).

CHICAGO, IL - April 26, 2011 - (RealEstateRama) -- Forty units of permanent supportive housing for formerly homeless young parents will be built in Chicago as a result of the financial investment of the Illinois Housing Development Authority (IHDA). IHDA Executive Director Mary R. Kenney today joined Mayor Richard M. Daley and other local officials to celebrate the groundbreaking of the Transformation Project apartments at 5353 W. Chicago Ave. in the Austin neighborhood.

LAGUNA HILLS, CA - April 25, 2011 - (RealEstateRama) -- The Muller Company, a full service real estate company specializing in management, investment and development of commercial real estate in the western United States, announced today that the firm now owns and/or manages nearly 608,000 square feet of office, retail and medical space in San Diego County, Calif. With the growth of its portfolio, The Muller Company has added two property managers, Maya Hausmann, CPM® as property manager and Christina Kitchen as assistant property manager.

West Hartford, CT - April 25, 2011 - (RealEstateRama) CT REIA and Dave Lindahl presents: Wealth Advantages Of Apartment Property Investing. (4th Monday) May 23, 2011 - 5:30 to 9:00 PM Crowne Plaza Hotel. 100 Berlin Road. Cromwell, CT FREE for CTREIA and AOACT members | $30 for guests

Irvine, CA - April 25, 2011 - (RealEstateRama) -- Faris Lee Investments, the nation’s largest retail investment advisory firm, has completed the $12.5 million sale of Shoppes at Puente Hills Mall, a 20,174-square-foot retail center located at 17501 Colima Rd. in City of Industry. Built in 2009 and situated on 2.52 acres, the center is an outparcel to the very successful Puente Hills Mall. The property is 87 percent occupied and includes Panera Bread, Chipotle, The Vitamin Shoppe, Wing Stop, T-Mobile, Jamba Juice, and others.

Washington, D.C. - April 22, 2011 - (RealEstateRama) --NeighborWorks America, one of the nation’s leading nonprofit community development corporations, today announced that it received a two-year, $2 million grant from the Bank of America Charitable Foundation to support a variety of initiatives including affordable homeownership and training for local nonprofit professionals.

WASHINGTON, D.C. - April 22, 2011 - (RealEstateRama) -- On the 41st anniversary of Earth Day, the National Association of Home Builders (NAHB) reminds consumers that an investment in energy and resource efficiency can pay real dividends by reducing a home's energy use and the associated costs.This year, the Earth Day Network is encouraging people all over the world to contribute to "a billion acts of green."

West Hartford, CT - April 21, 2011 - (RealEstateRama) 2011 Business & Entrepreneur Summit. Network With Your Peers - Gain Insight From Leading National Experts. May 21, 2011 - 9:00 AM to 4:30 PM Rocky Hill Marriott. 100 Capital Boulevard. Rocky Hill,

HUNTERDON COUNTY, N.J. - April 20, 2011 - (RealEstateRama) -- Tomorrow, real estate investors and other interested buyers will have a golden opportunity to bid on three separate farms in scenic Hunterdon County.

Phoenix, AZ - April 19, 2011 - (RealEstateRama) -- After the worst downturn in decades, a U.S. real estate recovery could happen more quickly than most economists predict, RE/MAX Chairman and Co-Founder Dave Liniger told over 300 attendees in a video at the recent 2011 RE/MAX Excalibur Sales Rally held in Phoenix, Ariz. His message was simple, real estate investors will play a key role in this recovery.

Sioux City, IA - April 18, 2011 - (RealEstateRama) -- The Sioux City Human Rights Commission in partnership with the Siouxland Human Investment Partnership (SHIP) and Midtown Family Community Center will host an educational event “Fair Housing in Siouxland” on Wednesday, April 20, 2011, at the Midtown Community Center, 525 14th Street, between 6:00 p.m. and 8:30 p.m. The event is free and open to the public.