Investing

West Hartford, CT - January 5, 2011 - (RealEstateRama) -- Be sure to keep an eye out on your email. We will send you a link to the call very soon

December 30, 2010 - (RealEstateRama) -- At the Jan. 5, 2011, Hillsborough County Board of County Commissioners Regular meeting, the County will hold a public hearing to amend the 2005-06, 2006-07, 2007-08, 2008-09, 2009-10 and 2010-11 Affordable Housing Annual Action Plans. The Action Plans guide the County on how it will spend grant funds received from the United States Department of Housing and Urban Development in the following grants

BEVERLY HILLS, CA - December 28, 2010 - (RealEstateRama) -- International real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced that the company has refinanced The Onyx Apartments, a 400-unit multifamily community in Redmond, Washington. The Onyx is owned in a partnership with the LeFrak Organization. The partnership, which is a 50/50 venture between Kennedy Wilson and the LeFrak Organization, includes a total of 2,912 apartment units, all of which were purchased in 2010. The $42.5 million Onyx financing has a seven-year term and carries a fixed interest rate of 4.67%. Wells Fargo Multifamily Capital, through its Fannie Mae DUS lending program, served as the lender on the transaction

Chicago, IL - December 28, 2010 - (RealEstateRama) -- The National Association of REALTORS® has invested in Ifbyphone through its strategic investment fund, Second Century Ventures. As part of the arrangement, NAR is also collaborating with Ifbyphone to develop solutions that enhance voice interactions for its more than 1.1 million REALTOR® members.

WASHINGTON, DC - December 22, 2010 - (RealEstateRama) -- Today, the U.S. House of Representatives unanimously approved bipartisan legislation that will expand affordable housing options for Americans with disabilities. The Frank Melville Supportive Housing Investment Act, sponsored by Senators Robert Menendez (D-NJ) and Mike Johanns (R-NE) in the Senate and Representatives Christopher Murphy (D-CT) and Judy Biggert (R-IL) in the House, will likely quadruple the number of new affordable rental units built each year for people with disabilities by the U.S. Department of Housing and Urban Development's main program to provide affordable housing for people with disabilities.

WASHINGTON, DC - December 22, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD), the Metropolitan St. Louis Equal Housing Opportunity Council (EHOC), and First National Bank of St. Louis today announced an agreement that will increase the bank's commitment to minority and low-income communities.? As part of the agreement, the bank will invest more than $2.5 million over four years in St. Louis City, North St. Louis County, and St. Clair County, Illinois.

McLean, VA - December 20, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today instructed its servicers to delay initiating foreclosure for at least nine months for financially troubled service members who are released from active duty through the end of 2011 and have Freddie Mac-owned mortgages. Freddie Mac is one of the nation’s largest investors in conforming, conventional mortgages

COLUMBUS, OH - December 16, 2010 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board yesterday announced the availability of gap financing for multifamily tax-exempt bond projects through the Housing Development Assistance Program (HDAP). The source of funds for the program will be the Ohio Housing Trust Fund (OHTF) and Financial Adjustment Factor (FAF) Program. A minimum of $5 million in funds will be available. Applicants seeking gap financing must submit an application on or before January 20, 2011.

West Hartford, CT - December 13, 2010 - (RealEstateRama) December 16, 2010 - 8:00 to 8:30 PM (EDT). Free for CT REIA Members. $165 for Non-Members (this price includes 1 year of CT REIA Membership)

December 10, 2010 - (RealEstateRama) -- Congressman Silvestre Reyes (D-TX) released the following statement after today’s groundbreaking ceremony for the new 73-unit Paisano Green Community. The $10.4 million project was made possible by an $8.25 million grant from the American Recovery and Reinvestment Act. El Paso was one of only 36 communities in the nation (and the only one in Texas) awarded with a competitive grant for the construction of ‘green’ affordable housing units. Congressman Reyes was scheduled to speak at today’s ceremony but was unable to attend due to ongoing votes in the U.S. House of Representatives

Est Hartford, CT - December 7, 2010 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA is announcing a new series of webinars titled “The Nuts and Bolts Of Real Estate Investing.” These webinars run for 30 minutes, and there will be multiple dates in the series. This event is free for CT REIA members. Non-members require CT REIA membership to receive access to this webinar series.

WASHINGTON, D.C. - December 6, 2010 - (RealEstateRama) -- A deceptive advertising operation has been banned from the debt relief business under a settlement agreement with the Federal Trade Commission. As part of a continuing crackdown on scams that target consumers in financial distress, the FTC charged the defendants with deceptively claiming they could save consumers thousands of dollars by reducing their credit card debt.

West Hartford, CT - December 6, 2010 - (RealEstateRama) Nuts & Bolts Of Real Estate Investing Series: Webinar 2 Tom Ackman - Inspecting Your Deals For Profits

New York, NY - December 2, 2010 - (RealEstateRama) -- In the latest sold-out session of The Real Estate Board of New York’s (REBNY’s) New York Residential Specialist (NYRS) course, 29 leading real estate agents earned the esteemed NYRS designation last month. The elite set with the credential, which denotes that a broker has received the highest level of education available, is made up of a powerful peer group committed to ethical behavior and professional excellence in sales and marketing. The growing numbers of NYRS graduates, which now total more than 150, demonstrates REBNY brokers’ commitment to raising the bar

WASHINGTON, D.C. - December 2, 2010 - (RealEstateRama) -- Michael D. Berman, CMB, Chairman of the Mortgage Bankers Association, today issued the following statement reacting to the proposal from the co-chairs of the National Commission on Fiscal Responsibility and Reform.

Seattle, WA - December 2, 2010 - (RealEstateRama) -- A Chicago billionaire paid $31.5 million for a home in Aspen, the most paid for a residential property in the luxury resort community this year. The buyer's broker, Steven Shane of SDS Real Estate, declined to disclose the name of his client. The seven-bedroom, nine-bath 12,432 square foot home sits on 44 acres at 2435 W. Buttermilk Road.

NEW YORK, NY - December 1, 2010 - (RealEstateRama) -- Sheldon Good & Company, a Racebrook Portfolio Company and America’s leading real estate auctioneer, will hold a year-end liquidation auction of eight apartment buildings in northern New Jersey to be sold individually with suggested opening bids from $350,000. The seller-directed auction offers investors the opportunity to purchase a varied selection of high occupancy properties to be sold at competitive prices.

West Hartford, CT - November 29, 2010 - (RealEstateRama) -- Nuts & Bolts Of Real Estate Investing Series: Webinar 1 With John Czel - Are You Protected?

Las Vegas, NV - November 25, 2010 - (RealEstateRama) -- In mid-November, the Real Estate Division brought four cases against broker-salesperson Kathleen Tinaglia to hearing before the Real Estate Commission. The cases involved a total of eight transactions in which Tinaglia represented the buyers in the purchase of Nevada real estate. The transactions occurred during the time when Tinaglia was a licensee under broker Eve E. Mazzarella of Distinctive Real Estate & Investments, Inc.

November 18, 2010 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, is announcing its contest for real estate investors and professionals in Connecticut and New England. Winners will be selected at the CT REIA Annual Holiday Dinner. This event will take place on Monday December 6, 2010 from 6:00 to 9:00 pm. The location for this event is Violi’s Restaurant, 688 Westfield Road, Meriden, CT. As part of the program, a panel of local real estate investors will share their success stories.

Los Angeles, CA - November 17, 2010 - (RealEstateRama) -- CB Richard Ellis Group, Inc (NYSE:CBG) today announced that NYSE Euronext (NYX), a leading global operator of financial markets and provider of innovative trading technologies, has selected CB Richard Ellis as its exclusive outsourcing provider of global real estate transaction management services and its preferred provider of global facilities management services.

WASHINGTON, DC - November 17, 2010 - (RealEstateRama) -- Today Senate Banking Committee Chairman Chris Dodd (D-CT) held an oversight hearing investigating problems in the mortgage servicing industry. The Committee heard testimony from state officials, industry executives, and experts in law and consumer protection, and explored how mortgage servicing practices may have prevented modifications and even resulted in unjustifiable foreclosures.

NEW YORK, NY - November 15, 2010 - (RealEstateRama) -- Chase announced today that it more than doubled its Small Business Administration loan volume in fiscal 2010 to become the nation's largest SBA lender, helping 250 more businesses than the next largest lender.

November 15, 2010 - (RealEstateRama) -- Neil H. MacBride, United States Attorney for the Eastern District of Virginia, made the announcement. Robertson faces a maximum penalty of 30 years on the conspiracy and mail and wire fraud counts, 10 years on the counts charging engaging in monetary transactions in property derived from unlawful activity and 10 years on the false statement count.

Meriden, CT - November 11, 2010 - (RealEstateRama). CT REIA Annual Holiday Dinner December 6, 2010. 6:00 - 9:00pm Violi's Restaurant. 688 Westfield Road. Meriden, CT

New Orleans, LA - November 8, 2010 - (RealEstateRama) -- Home buyers today have affirmed a long-term view of home ownership, the typical seller is experiencing positive returns and the vast majority of home owners see their property as a good investment, according to the latest consumer survey of home buyers and sellers. The study was released here today at the 2010 Realtors® Conference & Expo.

November 3, 2010 - (RealEstateRama) -- TIAA-CREF and Good Energies, a global clean energy/clean tech investment firm, today announced a partnership between the firms to make venture capital investments together in the areas of energy efficiency and green building technology. The first of these investments is a $4.5 million private equity investment by TIAA-CREF in Ice Energy, which produces cost efficient, energy saving cooling systems

West Hartford, CT - November 3, 2010 - (RealEstateRama) Free Webinar For New CT REIA Members. November 8, 2010 - 7:30 to 8:00 PM (EST)

West Hartford, CT - November 2, 2010 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with Larry Goins, is announcing the CT REIA November 2010 monthly real estate investors meeting. This event will take place on Monday, November 15, from 5:30pm to 9:00pm, at the Crowne Plaza Hotel on 100 Berlin Road in Cromwell, CT. This event is free for CT REIA members, and $30 for not-yet-members

CT REIA and Larry Goins presents: Proven Method Of Buying Cheap Houses That No One Else Wants Then Reselling Them At 5 - 6 Times What You Paid