Property, Rentals, Transactions

CHICAGO, IL - November 18, 2009 - (RealEstateRama) -- Thirty-four Illinois homeowners were made whole this month when the Illinois Department of Financial and Professional Regulation (IDFPR) repaid all the money lost from their escrow funds earlier this year. The homeowners were in default for taxes and insurance coverage after Chicago-based American Escrow, LLC went out of business without making the obligatory property tax and insurance payments from their escrow accounts.

November 17, 2009 - (RealEstateRama) -- As Delaware beach-area property owners take stock of damage from last week’s coastal storm, the Department of Natural Resources and Environmental Control staff stands ready to assist owners and contractors who are planning repairs or rebuilding efforts. DNREC will work directly with property owners and make every effort to expedite any permits and approvals needed.

Lufkin Automation buys 6.2 acres for future 40,000 SF headquarters. Houston, TX - November 16, 2009 - (RealEstateRama) -- November 16, 2009 - Lufkin Automation, a provider of engineered products and services to oil and gas producers, has purchased a 6.2 acre land site within Lakeview Business Park. This marks the first land sale closed in the newly developed business park, which is located Missouri City, Texas, in Fort Bend County.

FRANKFORT, KY - November 16, 2009 - (RealEstateRama) -- The State Property and Building Commission (SPBC) will hold a meeting on Monday, November 16, 2009 at 2:00 p.m. in Room 182 of the Capitol Annex, Frankfort, Kentucky.

LOS ANGELES, CA - November 16, 2009 - (RealEstateRama) -- A Texas homeowner filed a class-action lawsuit today against KB Home (NYSE: KBH), Countrywide Financial and LandSafe Appraisal Services, claiming the three conspired to rig housing prices in Texas and Colorado, costing home purchasers millions of dollars and pushing homeowners into dangerous loans.

New York City, NY - November 10, 2009 - (RealEstateRama) -- American Realty Capital, based here, has acquired a 465,600-square-foot Home Depot distribution facility in Columbia, SC in a deal arranged by Broad Street Advisors, also of New York City.

Edison, NJ - November 10, 2009 - (RealEstateRama) -- Reacting to the NATIONAL ASSOCIATION OF REALTORS®' (NAR) 2009 Third Quarter Metro Home Prices/State Resales report, New Jersey Association of REALTORS® (NJAR®) Executive Vice President Jarrod C. Grasso, RCE, today issued the following statement:

HOUSTON, TX - November 9, 2009 - (RealEstateRama) -- Texas Tower Limited, owner of the 75-story JPMorgan Chase Tower, announced today the acquisition of the adjacent JPMorgan Chase Center in downtown Houston from JPMorgan Chase.

New York, NY - November 9, 2009 - (RealEstateRama) -- The Port Authority has met 21 of 24 World Trade Center rebuilding milestones, according to its latest quarterly milestone report, released today.

Four preserved farms in New Jersey totaling nearly 400 acres will be sold in three separate auctions in the next two months. November 9, 2009 - (RealEstateRama) -- Max Spann Real Estate & Auction Co., a national auctioneer of elite properties, has scheduled the auctions for Nov. 19 in Colts Neck, Dec. 3 in Hamilton and Dec. 10 in Pittstown, Hunterdon County

ATLANTA, GA - November 9, 2009 - (RealEstateRama) -- The newest Hotel Indigo opened its doors today in downtown Asheville, N.C. Nestled near the foothills of the Blue Ridge Mountains, the 100-room new-build boutique hotel is the second of five properties planned for the state; additional deals are signed in Charlotte, Wilmington and Winston-Salem.

BATON ROUGE, LA - November 6, 2009 - (RealEstateRama) -- Governor Bobby Jindal announced the appointment of Gary Littlefield to the Louisiana Real Estate Appraisers Board. The Louisiana Real Estate Appraisers Board serves to regulate the issuance of real estate appraiser and trainee licenses and related services.

November 6, 2009 - (RealEstateRama) -- Congressman Danny K. Davis (D-IL07) today spoke out for, and voted in favor of, extending Unemployment Benefits, the Home Buyer Credit and a Small Business Net Operating Loss Carryback. The vote today approved amendments added by the Senate to the legislation passed by the House of Representatives six weeks ago. The legislation is expected to be signed by President Obama tomorrow. The provisions of the bill include the following.

WASHINGTON, Dc - November 6, 2009 - (RealEstateRama) -- Today, Congresswoman Laura Richardson acted to make the basic tenets of the American Dream possible for thousands of Californians by voting for the Unemployment Compensation Extension Act of 2009 (HR 3548), which will help the unemployed by extending unemployment benefits and will continue to stimulate the housing market by extending and expanding the first time homebuyer credit. The legislation passed the U.S. House of Representatives with a vote of 403 to 12 and now goes to President Barack Obama for his signature.

November 5, 2009 - (RealEstateRama) -- The Inspection Services Division would like to remind property owners who have rental property within the city to register the property before it is to be rented or leased.

Denver, CO - November 3, 2009 - (RealEstateRama) -- Dividend Capital Total Realty Trust Inc., a diversified real estate investment trust (REIT), announced today that it acquired a class-A office property located in Princeton, NJ — centrally located between New York City and Philadelphia.

Denver, CO - November 3, 2009 - (RealEstateRama) -- Dividend Capital Total Realty Trust Inc., a diversified real estate investment trust (REIT), announced today that it acquired a class-A office property located in Princeton, NJ — centrally located between New York City and Philadelphia.

NEW YORK, NY - November 3, 2009 - (RealEstateRama) -- The U.S. Treasury Department has awarded the Local Initiatives Support Corporation (LISC) $115 million in New Markets Tax Credit (NMTC) investment authority in the 2009 round of allocations.

New York City, NY - November 3, 2009 - (RealEstateRama) -- Regus (LSE:RGU), the global leader in flexible workplace solutions, today kicked off its ‘Win an Office’ sweepstakes that will award a lucky small business or entrepreneur one year of office space at one of Regus’ 18 New York City locations. The winner will receive a fully-furnished office for 12 consecutive months

Austin, TX - November 3, 2009 - (RealEstateRama) -- based Anew Realty Group, LLC has purchased the 91-unit apartment property Highland Oaks at 2121 West Irving Boulevard in Irving, Texas. The purchase was facilitated by the Marcus & Millichap Dallas office.

Redmond, OR - October 28, 2009 - (RealEstateRama) -- Housing Works announced today that Guardian Real Estate Services (Guardian) of Portland, Oregon, has been selected to manage its multi-million dollar housing portfolio in Central Oregon.

Redmond, OR - October 28, 2009 - (RealEstateRama) -- Housing Works announced today that Guardian Real Estate Services (Guardian) of Portland, Oregon, has been selected to manage its multi-million dollar housing portfolio in Central Oregon.

Palm Desert, CA - October 29, 2009 - (RealEstateRama) -- MERIT Property Management, a leading provider of professional community association and rental management services, is hosting a complimentary evening of ‘Tastings & Trends’ on Tuesday, November 17, 2009 for Coachella Valley homeowners, association board members, vendors and media. The evening will feature wine tasting and hors d’ oeuvres from 5:30 pm-7 pm followed by presentations covering trends in homeowners associations, delinquencies, foreclosures and active adult and community lifestyles. Speakers include MERIT CEO and Founder Melinda Masson, Vice President of Finance Andrew Schlegel and Vice President of Active Adult Communities Scott Hysler.

MERIT will provide additional services and maintenance programs to enhance the community. Sacramento, CA - October 28, 2009 - (RealEstateRama) -- The Stonelake Homeowners Association has selected MERIT, a leading provider of professional community association and rental management services, to manage their 1,467 single family unit community located in Elk Grove, CA. MERIT will assist the board of directors with daily operations as well as financial budget analysis and planning.

New program provides housing assistance to Iowans in need. DES MOINES, IA - October 28, 2009 - (RealEstateRama) -- First Lady Mari Culver announced a new program today that will help hundreds of Iowans maintain or acquire an affordable rental home. As part of the federal American Recovery and Reinvestment Act, almost $1.5 billion was allocated to cities and states for the Homelessness Prevention and Rapid Re-Housing Program.

Unique federally funded program will provide Iowans with housing assistance. DES MOINES, IA - October 27, 2009 - (RealEstateRama) -- First Lady Mari Culver tomorrow will announce a new federally funded rental assistance program that can help Iowans who are struggling financially.

New York City - October 26, 2009 - (RealEstateRama) -- New York City Economic Development Corporation (NYCEDC) today released a Request for Qualifications (RFQ) to identify developers for the first stage of the Willets Point District in northeastern Queens.

FRANKFORT, KY - October 27, 2009 - (RealEstateRama) -- The Kentucky Finance and Administration Cabinet, Division of Surplus Properties, conducted two auctions in the past week netting over $110,000. Two more auctions are scheduled in November.

FRANKFORT, KY - October 27, 2009 - (RealEstateRama) -- The Kentucky Finance and Administration Cabinet, Division of Surplus Properties, conducted two auctions in the past week netting over $110,000. Two more auctions are scheduled in November.

FRANKFORT, KY - October 27, 2009 - (RealEstateRama) -- The Kentucky Finance and Administration Cabinet, Division of Surplus Properties, conducted two auctions in the past week netting over $110,000. Two more auctions are scheduled in November.