Press Releases

Press Releases

Connecticut Real Estate Investors Association (CT REIA) Announces Real Estate Rehab Meeting With Liping...

January 22, 2010 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with Liping Wang, is announcing a real estate rehab meeting on Saturday, January 30th, 2010. This meeting will take place at 639 Third Ave in West Haven, CT, from 10:00am to 11:30am. This event is $10 for CT REIA Members, and $20 for non-members.

Max Spann to Auction 9 Luxury Bayfront Homes in Ocean City

January 22, 2010 - (RealEstateRama) -- It may still be winter in Northeast, but it’s not too early to be thinking about a vacation home in Ocean City. With minimum bids starting at $95,000 on luxury bayfront condominiums with original asking prices as high as $730,000, now is the perfect time to buy a premium home in Maryland’s renowned beach resort.

SL Green Realty Corp. Takes Ownership of 100 Church Street

New York City - January 21, 2010 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG) announced today that it is the sole owner of 100 Church Street, NY, NY, a 1.05 million-square-foot office tower located in downtown Manhattan, following the successful foreclosure of the senior mezzanine loan at the property

Holiday Inn Express in Charlotte, North Carolina Metro Area to Open with Brand’s New...

ATLANTA, GA - January 19, 2010 - (RealEstateRama) -- IHG (InterContinental Hotels Group) [LON: IHG, NYSE: IHG (ADRs)], the world's largest hotel group by number of rooms, announced the recent opening of the Holiday Inn Express and Suites Matthews.

STV and Turner Awarded $656 Million Contract by New York City Department of Design...

New York, N.Y. - January 20, 2010 - (RealEstateRama) -- STV and Turner Construction Company, in a joint venture, have been awarded a $656 million contract to provide construction management services for the new police academy for the New York City Police Department (NYPD) in College Point, Queens, N.Y.

Rehabbing the Gold Rush of Foreclosures with Robyn Thompson “Rehab Queen” | 02.06.10 –...

West Hartford, CT - January 20, 2010 - (RealEstateRama). CT REIA and Robyn Thompson presents: Rehabbing the Gold Rush of Foreclosures with Robyn Thompson "Rehab Queen" (All Day Real Estate Rehab Seminar)

Connecticut Real Estate Investors Association (CT REIA) Announces Monthly Investor Meeting With Robyn Thompson

West Hartford, CT - January 18, 2010 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with Robyn Thompson is announcing the January 2010 monthly meeting with Robyn Thompson. This event will take place on Monday, January 25th 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

Kandu Capital, LLC Acquires New Assisted Living Community in Ohio Out of Sunwest...

Birmingham, MI - January 18, 2010 - (RealEstateRama) -- Kandu Capital, LLC, along with its operating company, Bloomfield Senior Living, announced the acquisition of a new senior living community in Ohio on January 15, 2010. This is Kandu’s second transaction this month as it continues to expand its portfolio of independent and assisted living, memory care, skilled nursing and mental health facilities throughout the United States.

MHC Awards $100,000 to Green Building Contest Winners

Jackson, MS - January 15, 2010 - (RealEstateRama) -- The Mississippi Home Corporation (MHC) today announced the three winners of its Growing a Greener Mississippi building competition. Gulf Coast Builders, LLC won the $50,000 and First Place for their affordable green home in Gulfport, MS. Habitat for Humanity Bay Waveland’s entry in Bay St. Louis received Second Place and $30,000 and Village Green Builders, Inc.’s entry in Oxford received Third Place and $20,000. The awards were announced at a luncheon during MHC’s 20th Annual Affordable Housing Conference at the Jackson Convention Complex

MHC Awards $100,000 to Green Building Contest Winners

Jackson, MS - January 15, 2010 - (RealEstateRama) -- The Mississippi Home Corporation (MHC) today announced the three winners of its Growing a Greener Mississippi building competition. Gulf Coast Builders, LLC won the $50,000 and First Place for their affordable green home in Gulfport, MS. Habitat for Humanity Bay Waveland’s entry in Bay St. Louis received Second Place and $30,000 and Village Green Builders, Inc.’s entry in Oxford received Third Place and $20,000. The awards were announced at a luncheon during MHC’s 20th Annual Affordable Housing Conference at the Jackson Convention Complex

JPMorgan Chase Tower Awarded LEED Gold

HOUSTON, TX - January 4, 2010 - (RealEstateRama) -- The Houston office of Hines, the international real estate firm, announced today that JPMorgan Chase Tower has received Gold certification under the U.S. Green Building Council’s LEED® for Existing Buildings Rating System.

SL Green Realty Corp Announces Refinancing Of 1515 Broadway

New York, NY - January 5, 2010 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG) today announced the closing of a $475 million refinancing of 1515 Broadway, one of the most visible landmark buildings in New York City's Times Square.

Four New Contracts Signed In December At Graceline Court

New York, NY - January 5, 2010 - (RealEstateRama) -- Halstead Property Development Marketing and Loewen Development today announced they have signed four new contracts at Graceline Court (www.gracelinecourt.com), a new residential development in Harlem. With eleven units remaining, Graceline Court is currently 66% sold.

Grubb & Ellis Apartment REIT Signs Letter of Intent to Acquire Bella Ruscello Luxury...

DALLAS, TX - January 4, 2010 - (RealEstateRama) -- Grubb & Ellis Apartment REIT, Inc. today announced that it has signed a letter of intent to acquire Bella Ruscello Luxury Apartment Homes, a 216-unit multifamily community located in the Dallas suburb of Duncanville, Texas.

NEW YORK STATE COMMISSIONER OF HOUSING AND COMMUNITY RENEWAL TO JOIN NIXON PEABODY

Deborah VanAmerongen Brings Wide Range of Experience in Housing and Community Development. (New York, NY - January 4, 2010 - (RealEstateRama) -- International law firm Nixon Peabody LLP announces the addition of Deborah VanAmerongen to its Affordable Housing practice. Ms. VanAmerongen will join Nixon Peabody as a strategic policy adviser as of February 1, 2010. She will be resident in the New York City office. Ms. VanAmerongen will work closely with attorneys in the firm's Affordable Housing practice to provide advice to developers, owners and managers of affordable housing, as well as their financing partners, in the preservation and production of affordable housing nationwide.

Building a Buzz: ORS® Create Awareness for New Home Tax Credit

MADISON, WI - December 29, 2009 - (RealEstateRama) -- Due to a recent decision by Congress, Wisconsin homebuyers will once again stand to benefit from an extended and expanded federal home tax credit program.

USAA Real Estate Company Acquires Broadstone Development in North Dallas

San Antonio, TX - December 23, 2009 - (RealEstateRama) -- On December 23, an affiliate of USAA Real Estate Company acquired Broadstone Parkway, a Class A urban fill mixed-use development comprised of 333 residential units and 39,167 square feet of ground floor commercial space located at 5005 Galleria Drive in North Dallas/Addison from Bank of America. The purchase price has not been disclosed.

St. Louis Fed Analysis: Commercial Real Estate Lending Challenges District Banks

ST. LOUIS, MO - December 24, 2009 - (RealEstateRama) -- Amid ongoing deterioration in the commercial real estate (CRE) market, many community banks face the possibility of significant losses from soured loans and heightened refinancing risk in the months ahead

Lake Extension invites community to Promise Ranch property tour

UMATILLA, FL - December 24, 2009 - (RealEstateRama) -- The Lake County Extension is partnering with Florida’s Forest Stewardship Program to host a property tour of the 1,500-acre Promise Ranch in Umatilla on Thursday, Jan. 21, at 9 a.m.

Clear Capital APPOINTS Mike ousley to lead appraisal Team

30-Year Industry Veteran Brings Extensive Real Estate Assessment Expertise to Top Appraisal Post. Truckee, CA - December 22, 2009 - (RealEstateRama) -- Clear Capital, a premium provider of data and solutions for real estate asset valuation, investment and risk assessment, today announced the appointment of Mike Ousley as the company's Executive Vice President, Appraisal Group, reporting to Duane Andrews, Clear Capital CEO, and Kevin Marshall, Clear Capital President.

New York statewide November home sales up 34 percent compared to November 2008

Albany, NY - December 22, 2009 - (RealEstateRama) -- Statewide sales of existing single-family homes in New York State jumped 34 percent in November 2009, compared to November 2008, according to preliminary existing single-family sales data accumulated by the New York State Association of REALTORS.

GREENPATH DEBT SOLUTIONS SEES 58% INCREASE IN NYC CLIENTS AND 52% INCREASE IN NY...

FARMINGTON HILLS, MI - December 22, 2009 - (RealEstateRama) -- GreenPath Debt Solutions, a nonprofit consumer credit counseling service with seven offices in the greater New York City area, recently released mortgage delinquency data regarding its clients in New York State and New York City

Broad Street Advisors Announces the Sale of Home Depot Distribution Facility, Columbia, SC

New York, NY - December 11, 2009 - (RealEstateRama) — Broad Street Advisors of New York is pleased to announce the sale of the Home Depot Distribution Facility in Columbia, SC. The 465,600-square-foot property was purchased for approximately $25.9 million by an affiliate of New York-based American Realty Capital (ARC). The seller was a joint [...]

Associated Management, Inc. is Collecting Food for the Evelyn Mount Outreach Program

Reno, NV - December 17, 2009 - (RealEstateRama) -- December 17, 2009 –Associated Management, Inc. (AMI), an Associa Company, is holding a food drive through December 31, 2009 in support of the Evelyn Mount Outreach Program. The Evelyn Mount Outreach Program gives food to the needy in Reno and Sparks during the holidays and the elderly all year.

Turner Awarded $130 Million Contract by Deloitte LLP to Provide Construction Services for 712,000...

New York, N.Y. - December 16, 2009 - (RealEstateRama) -- Turner Construction Company, the nation’s leading general builder, has been awarded a $130 million contract to provide construction services for the Deloitte University learning and leadership development center located in Westlake, Texas.

Kentucky Housing Corporation Board of Directors to Meet

December 11, 2009 - (RealEstateRama) -- The Kentucky Housing Corporation Board of Directors will meet Thursday, December 10, 2009, 10 a.m., Eastern time, 1231 Louisville Road, Frankfort, Kentucky. A copy of the agenda for the meeting accompanies this notice.

Pollin Family, Enterprise Homes Celebrate Groundbreaking of Linda Joy and Kenneth Jay Pollin Memorial...

Columbia, MD - December 9, 2009 - (RealEstateRama) -- Washington, D.C. Mayor Adrian Fenty, the Pollin family and representatives from Enterprise Homes, Inc. today celebrated the groundbreaking of the Linda Joy and Kenneth Jay Pollin Memorial Community Development in northeast Washington.

EBS acquired its 64th property with the closing of Advantage Storage in Plano, Texas

Dallas, TX - December 7, 2009 - (RealEstateRama) -- Equity Based Services, Inc. (“EBS”) announced today that it has acquired Advantage Self Storage in Plano, Texas, located at 3900 McDermott Road.

NEW REBATE PROGRAM REWARDS CONSUMERS FOR RECYCLING OLD, ENERGY HOG APPLIANCES

Topeka, KS - December 8, 2009 - (RealEstateRama) -- Kansas Housing Resources Corporation (KHRC) has launched a new appliance rebate program that rewards low-income households for replacing old, electricity-guzzling household appliances with new energy efficient models. The State Energy Efficient Appliance Replacement Program, or SEEARP, provides rebates to consumers who purchase ENERGY STAR® refrigerators, clothes washers, freezers, dishwashers and window air conditioners. Funded by the American Recovery and Reinvestment Act (ARRA) of 2009, SEEARP will provide $2.6 million for the replacement of an estimated 4800 appliances

HUD CHARGES MASSACHUSETTS CONDO BOARD AND MANAGEMENT COMPANY WITH DISCRIMINATING AGAINST FAMILIES WITH CHILDREN

WASHINGTON, DC - December 7, 2009 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today announced that it is charging an Andover, Massachusetts, condominium association, a property management company, and two individuals with discriminating against families with children. HUD accuses Property Management of Andover, Inc., and its property manager, and Stonecleave Village Association, and its president, with unlawfully charging fees to parents for allowing their children to play in the common area

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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