Press Releases

Press Releases

Reliant Mortgage Opens Branch in Sanford

Sanford, ME - March 1, 2010 - (RealEstateRama) -- Reliant Mortgage Company, LLC is proud to announce the opening of its newest branch office located at 909B Main Street (The Garnsey Insurance Building) in downtown Sanford, ME.

Rare Opportunity to Buy Historical Bucks County Estate at Auction

February 22, 2010 - (RealEstateRama) -- A Bucks County estate featuring an enchanting stone farmhouse on 2.86 acres of manicured property is scheduled to go on the auction block next month. Max Spann Real Estate & Auction Co., a national auctioneer of elite properties, has scheduled the auction for Thursday, March 18 at 1 p.m. at the estate, 6739 Upper York Road, New Hope (Solebury Township). Bidding will start at $750,000. The estate was originally listed at $1,495,000.

USAA Real Estate Company Announces Sale of Reckitt Benckiser Distribution Center – Salt Lake...

San Antonio, TX - February 19, 2010 - (RealEstateRama) -- USAA Real Estate Company announced the sale of the Reckitt Benckiser Distribution Center in Tooele County, Utah to real estate advisory firm American Realty Capital (ARC).

Connecticut Real Estate Investors Association (CT REIA) Announces All Day Seminar With Andy Heller...

West Hartford, CT - February 18, 2010 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with Andy Heller is announcing an all day seminar on Saturday, February 27, 2010. This event will take place from 8:30am to 5:30pm, at the Four Points Sheraton in Meriden, CT. This event is $34 for CT REIA members and $39 for non-members for online registration. Day of the event pricing is $49 for CT REIA members and $79 for non-members. There is an early morning question and answer that begins at 8:00am. Attendees who pre-register online by March 4th will receive a complimentary copy of Andy Heller and Scott Frank’s best selling book “Buy Even Lower”.

FORMER PARTNERS TO HOLD DUELING AUCTIONS FOR OCEAN CITY LUXURY CONDOS Buyers benefit from...

Ocean City, MD - February 18, 2010 - (RealEstateRama) -- The collapse of an Ocean City real-estate partnership has led to competing auctions for waterfront condominiums — and created an opportunity for real-estate bargain hunters.

IAOP NAMES CB RICHARD ELLIS AMONG TOP OUTSOURCING PROVIDERS FOR FOURTH TIME

Los Angeles, CA - February 17, 2010 - (RealEstateRama) -- The International Association of Outsourcing Professionals (IAOP) has named CB Richard Ellis Group, Inc. (CBRE) to The 2010 Global Outsourcing 100 for the fourth straight year. The list recognizes the world's best outsourcing service providers across all industries, and is based on applications received and evaluated by an independent panel of judges organized by IAOP.

Governor’s cuts to MTA payroll tax do not go far enough

Albany, NY - February 10, 2010 - (RealEstateRama) -- Gov. David A. Paterson’s proposed cuts to the Metropolitan Commuter Transportation Mobility Tax in his 21-day budget amendments are inadequate and New York’s 54,000 REALTORS strongly oppose shifting the cost to workers and businesses from one part of the MTA region to another.

IBHS Provides Property Protection Strategies for Severe Winter Weather

TAMPA FL - February 10, 2010 - (RealEstateRama) -- As the Mid-Atlantic region begins to dig out from under one blizzard, and faces another serious snowstorm this week, the Institute for Business & Home Safety (IBHS) is offering guidance on how business and home owners can protect their property from winter weather-related perils, such as roof collapse due to heavy snow loads.

Investor Confidence Begins To Return to the Arizona Real Estate Market

Glendale, AZ - February 10, 2010 - (RealEstateRama) -- HomeLovers, one of Arizona's fastest growing Arizona real estate investing and property management companies, today announced availability of its 2010 State of the Industry Report for Arizona Real Estate Investing, which outlines recent trends and takes a look at what lies ahead in 2010 for investors. The report also discusses how the investor of today is different than the investor demographics that lead to the buying frenzy of 2005 and subsequent market crash. The free report is available for download via an automated email response at investorinfo@homelovers.com.

InterContinental New York Times Square Appoints Hospitality Stars to Open the Largest New-Build Hotel...

ATLANTA, GA - February 9, 2010 - (RealEstateRama) -- InterContinental Hotels and Resorts announced today the appointment of Andrew (Drew) Schlesinger as general manager and Linda Hodgson as director of sales and marketing for the InterContinental New York Times Square. Currently under construction, the hotel is scheduled to open in July 2010.

Connecticut Real Estate Investors Association (CT REIA) Announces Women Real Estate Investors Meeting And...

West Hartford, CT - February 8, 2010 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with the Women Real Estate Investors Association, or WREIA, is announcing a special dinner meeting. This meeting will take place on Wednesday, February 17, 2010. This meeting will take place at the Alina’s Ristorante, located at 950 Yale Ave, in Wallingford, CT from 6:30 pm to 9:00 pm. The cost of this event is $25 for CT REIA and WREIA members, and $30 for guests. All prices include dinner. It is advised that interested parties pre-register for this event.

PSMI Opens New Office In Belton, TX

Roswell, NM - February 4, 2010 - (RealEstateRama) -- PrimeSource Mortgage, Inc. (PSMI), a leading mortgage brokerage and banking company, and a wholly owned subsidiary of PSM Holdings, Inc. (OTCBB: PSMH) announces the opening of a new office in Belton, TX near the Ft. Hood military base.

Metro Commercial’s Steven Gartner to Host 2010 ICSC Annual Economic Review and Forecast Feb...

CONSHOCKEN, PA - February 4, 2010 - (RealEstateRama) -- International Council of Shopping Centers (ICSC) PA/Southern NJ/DE state director and president of Metro Commercial Real Estate, Steven Gartner, will host the annual Economic Review and Forecast on February 9, 2010 at the Radisson Hotel Valley Forge

Harlem Condominium Development 2280 FDB Approved for FHA-Backed Loans

New York, NY - February 4, 2010 - (RealEstateRama) -- Halstead Property Development Marketing and RGS Holdings, LLC, in conjunction with Goldman Sachs Urban Investment Group and JP Morgan Chase Community Development, today announced that 2280 Frederick Douglass Boulevard has been approved by the Federal Housing Administration’s mortgage program. The 12-story new construction condominium development in Harlem, will now allow qualified buyers to purchase a new home with a down payment between 5 and 10%.

Connecticut Real Estate Investors Association (CT REIA) Announces February 2010 Monthly Investor Meeting With...

West Hartford, CT - February 3, 2010 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with Andy Heller is announcing the February 2010 monthly meeting with Andy Heller. This event will take place on Monday, February 15th, from 5:30pm to 9:00pm, at the Crowne Plaza Hotel in Cromwell, CT. This event is free for CT REIA members, and $30 for non-members

Cleveland Area Board of REALTORS (CABOR) Names Cystic Fibrosis Foundation as its Official 2010...

Cleveland, OH - February 1, 2010 - (RealEstateRama) -- Continuing a long-standing tradition for philanthropic giving, the newly instated Chairman of the Board of Directors for the Cleveland Area Board of REALTORS (CABOR), George J. Pofok, CCIM, SIOR, has selected the Cystic Fibrosis Foundation Northern Ohio Chapter as the official 2010 CABOR charity.

The Fitzgerald at UB Midtown to Become Baltimore’s Largest LEED Certified Residential Development

Mixed-Use Apartment Community Expected to Achieve LEED Certification. Greenbelt, MD - February 1, 2010 - (RealEstateRama) -- The Bozzuto Group today announced The Fitzgerald at UB Midtown is on track to become the most sizeable LEED certified apartment community in the Baltimore area.

METROPOLITAN REALTY EXTENDS MORTGAGE ON SUNRISE BUSINESS CENTER IN GREAT RIVER

JERICHO, NY - February 1, 2010 - (RealEstateRama) -- Despite a tight lending market, Metropolitan Realty Associates, the owner of the Sunrise Business Center in Great River, and its equity partner Angelo, Gordon & Co., LP. have successfully negotiated an extension of their mortgage on the 388,500-square-foot Class A office complex, President Joseph A. Farkas announced today.

Top-Producing Realtor Ronnie Hinton Makes the Switch to Prudential Georgia Realty

Atlanta, GA - February 1, 2010 - (RealEstateRama) -- Prudential Georgia Realty is proud to announce the latest experienced agent team to join its sales team. Award-winning Realtor Ronnie Hinton and his team, known as Ronnie Hinton & Associates, are the latest to join Prudential Georgia Realty’s Midtown office, located on Peachtree Street a few blocks from the High Museum.

Congressman Dent Announces Grant for Allentown Project for the Homeless: New Bethany Ministries to...

Bethlehem, PA - February 1, 2010 - (RealEstateRama) -- Congressman Charlie Dent (PA-15) announced today that the Federal Home Loan Bank of Pittsburgh (FHLBank) is making a $250,000 grant to a Bethlehem-based nonprofit so it can complete work on the renovation of a property in Downtown Allentown and expand its outreach to the chronically homeless.

Grubb & Ellis Apartment REIT Enters Agreement to Acquire Bella Ruscello Luxury Apartment Homes...

DALLAS, TX - January 27, 2010 - (RealEstateRama) -- Grubb & Ellis Apartment REIT, Inc. today announced that it has entered into an agreement to acquire Bella Ruscello Luxury Apartment Homes, a 216-unit multifamily community located in the Dallas suburb of Duncanville.

Application Process for Appliance Rebate Program Now Closed

Voucher Requests Exceed Funding Available; Applications No Longer Accepted. Topeka, KS - January 29, 2010 - (RealEstateRama) -- Kansas Housing Resources Corporation (KHRC) has committed approximately $2.7 million in funding for the State Energy Efficient Appliance Replacement Program (SEEARP). As of today, voucher requests received by KHRC exceed funding available. Because of that, new applications for SEEARP can no longer be accepted

METRO COMMERCIAL SELECTED TO MARKET SURPLUS GIANT FOOD STORES

CONSHOHOCKEN, PA - January 29, 2010 - (RealEstateRama) -- Metro Commercial announced today that they have been selected by GIANT Food Stores to sublease five of their surplus locations in Pennsylvania. The Giant-Carlisle Division of Ahold USA, headquartered in Carlisle, Pennsylvania, is a leading supermarket chain in Pennsylvania, Virginia, Maryland and West Virginia with grocery stores operating under the names of GIANT Food Stores and MARTIN'S Food Markets.

Four Hunterdon County farms to be sold at auction

Westfield, MA - January 29, 2010 - (RealEstateRama) -- Four preserved farms in New Jersey ranging in size from 29 to 84 acres will be sold at auction next month. Max Spann Real Estate & Auction Co., a national auctioneer of elite properties, has scheduled an auction at 1 p.m. on Feb. 26 at the Readington Municipal Building, 599 Route 523, Whitehouse Station, N.J.

URBAN WORD, LLC BREAKS GROUND ON ‘STERLING BUILDING’ RENOVATION

Trenton, NJ - January 26, 2010 - (RealEstateRama) -- Tuesday, January 19, 2010 – Urban Word, LLC and its development partners, Trenton Makes, Inc. and WSP Associates, LLC will hold a groundbreaking ceremony on January 27th at Noon to mark the renovation of the Sterling Building at 811 South Broad Street. The project is a mixed-use redevelopment project attempting to achieve LEED Certification.

Firm Names Partner For Real Estate Practice

Melville, NY - January 26, 2010 - (RealEstateRama) -- Susan D. Cunningham, CPA, has been named Partner in the Tax Advisory Services and Real Estate Services groups at Marcum LLP. She is responsible for providing a wide-scope of tax services including planning, consulting, structuring, research and compliance to large and small business owners.

Portland Maine rentals

South Portland, ME - January 26, 2010 - (RealEstateRama) -- If you are searching for a luxury rental apartment in one of the nation’s fastest-growing cities Portland, there’s no other way around it. Exploring right Portland Apartment is the intelligent choice to save your time and money. Your rental Apartment should be such prompting your beautiful new place to call it as a ‘home’

January Hits Record Level of Pending Home Sales in ARMLS, Signifying Home Sales Prices...

Tempe, AZ - January 26, 2010 - (RealEstateRama) -- Fidelity National Title, one of Arizona's largest title insurance and escrow service companies, in partnership with Cromford Report, a subscription-based online statistical resource on the Metropolitan Phoenix residential resale market, today confirmed that the top of the Arizona real estate market was in June of 2006, with the bottom hitting in April of 2009. Maximum inventory of homes on the market was in late April of 2008

Connecticut Real Estate Investors Association (CT REIA) Announces New Real Estate Investor Workshop Program

West Hartford, CT - January 26, 2010 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, is announcing a 3-day new investor workshop program. This program will begin on Thursday, February 4th, 2010. Additional dates for the program are February 11th and 18th. These meetings will take place at the Comfort Inn in Meriden, CT, from 6:00pm to 9:00pm. Tuition for this 3-day program is $140 for CT REIA Members, and $180 for non-members.

New York housing market finishes strong in ’09 fueled by solid second half

Albany, NY - January 25, 2010 - (RealEstateRama) -- Fueled by a recovery in the second half of the year, statewide sales of existing single-family homes in New York State rebounded from a double-digit deficit in the first half of the year to finish only 3.2-percent behind the 2008 total.

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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