Monthly Archives: May 2011

JACKLYN SANTERRE PROMOTED TO DIRECTOR OF HOMEOWNERSHIP

BURLINGTON VT - May 31, 2011 - (RealEstateRama) -- Vermont Housing Finance Agency (VHFA) Executive Director Sarah Carpenter announced Jacklyn Santerre of Colchester has been promoted from Assistant Director of Homeownership Programs to Director of Home...

NYSERDA Brings Portfolio of Program and Incentives Together to Help Multifamily Building Owners Waste...

New York, NY - May 31, 2011 - (RealEstateRama) -- To make it easier for property owners to assess, fund, implement and measure energy efficiency opportunities that can improve their buildings’ performance and bottom line, the New York State Energy Research and Development Authority (NYSERDA) has integrated its portfolio of programs and incentives for multifamily buildings, including condominiums and co-ops

Colonial View Apartment Owner Fined $6,155 for Failing to Monitor Water System

KENOSHA, WI - May 31, 2011 - (RealEstateRama) -- Attorney General J.B. Van Hollen announces that his office has obtained a judgment against Jerry L. Wanty in Kenosha County, the owner and operator of the Colonial View Apartments at 337-339 Holy Hill Road, Town of Randall, Kenosha County. Mr. Wanty owns and operates the apartments, including a community water system serving at least 25 people living in 16 apartments.

Kentwood Real Estate Professionals Sponsor Inaugural Fundraising Event to Benefit Freedom Service Dogs

DENVER, CO - May 31, 2011 - (RealEstateRama) -- Andi Leahey and Deviree Vallejo, leading real estate professionals with Kentwood City Properties, are co-sponsoring an inaugural fundraising event to benefit Freedom Service Dogs. The “Ladies, Lads ...

NAR Grants Help Make Home Ownership an Affordable Opportunity

Washington, DC - May 31, 2011 - (RealEstateRama) -- Seventeen local and state Realtor® associations have been awarded over $60,000 through the Housing Opportunity Program Grants, a National Association of Realtors® grant program. The funds will be used by the associations to promote and expand affordable housing opportunities in their communities.

Finance Veteran Kenny Emson Named Senior Vice President of Finance and Administration for the...

WASHINGTON, DC - May 31, 2011 - (RealEstateRama) -- Financial and nonprofit veteran Kenny Emson has been named Senior Vice President of Finance and Administration for the National Multi Housing Council (NMHC). As a member of the Council’s senior leadership team, Emson will oversee the organization’s financial and administrative operations and will participate in the strategic planning process.

Lee & Associates Hires Matthew Schoch as Sales Associate

Torrance, CA - May 31, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest commercial real estate firms in the country, has hired Matthew Schoch as a sales associate at its Michigan office. In his new role, Schoch will bring his expertise in tenant mix strategies and marketing to Lee & Associates Michigan.

HUD REACHES SETTLEMENT WITH FLORIDA ONLINE ADVERTISER REGARDING DISCRIMINATORY ADS

WASHINGTON, DC - May 31, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today announced that USA4SALE Network, Inc., has agreed to pay $15,000 to settle claims that it violated the Fair Housing Act when it posted ads on its Web sites that discriminated against families with children. In addition, the company has also agreed to change the way its Web sites filter discriminatory language.

FHA AND FANNIE MAE ANNOUNCE GREEN REFINANCE PLUS TO PAY FOR ENERGY-EFFICIENT UPGRADES IN...

WASHINGTON, DC - May 31, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced Green Refinance Plus, a program between HUD’s Federal Housing Administration (FHA) and Fannie Mae to allow owners of existing affordable rental housing properties to refinance into new mortgages that include funding for energy- and water-saving upgrades, along with other needed property renovations.

Colliers International Completes $4 Million Sale of a 16,469-Square-Feet Office Building in Claremont, Calif.

Claremont, CA - May 31, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, recently sold a 16,496-square-feet office space located at 358-398 W Foothill Blvd, Claremont, Calif. The transaction is valued at $4 million.

TMS Funding Hires Five Additional Wholesale Account Executives

MILFORD, CT - May 31, 2011 - (RealEstateRama) -- TMS Funding, the wholesale residential lending channel of Total Mortgage Services, LLC, announced today the hiring of five additional Wholesale Account Executives, with 72 years of combined experience in developing new business relationships and supporting high quality mortgage brokers. These new hires increase the number of Wholesale Account Executives at TMS Funding to 12, servicing 10 states.

Barrett & Co Real Estate reaches Greater Boston home buyers with custom iPhone/iPad App

Concord, MA - May 31, 2011 - (RealEstateRama) -- Barrett & Company Real Estate has expanded their mobile MLS IDX reach with the addition of a complimentary, custom Massachusetts Real Estate App for the iPad & iPhone. With Verizon's launch of the iPhone, Apple’s recent launch of iPad 2, and over 10 million iPads sold in 2010, Executive Director of Business Development, Jacob Clayton recognized the need to provide Barrett clients with an innovative new mobile IDX real estate search tool.

ABA SUBSIDIARY AND FREDDIE MAC EXTEND ALLIANCE TO HELP MEMBERS SUCCEED, FUEL THE HOUSING...

WASHINGTON, DC - May 31, 2011 - (RealEstateRama) -- Business Solutions, a subsidiary of the American Bankers Association, and Freddie Mac today announced plans to help community banks compete in the purchase money mortgage market and help fuel the nation's housing recovery by extending their 9-year old alliance.

Grand Rapids, Michigan real estate resource syncs to IDX enabled search page, transforming the...

EUGENE, OR - May 31, 2011 - (RealEstateRama) -- Cheryl Grant and IDX, Inc. have joined forces to bring thousands of Grand Rapids, Michigan property listings instantly to online property seekers. Adopting IDX Broker software allows Grant to sync her search page to the Southwest Michigan MLS (SWMRIC) database of listings, giving her clients a comprehensive list of all area properties on the market. The IDX solution Grant has customized to meet her real estate needs seamlessly integrates thousands of local listings, making it so easy for potential Michigan buyers to find the home of their dreams online

Loan Processors Sentenced in Mortgage Fraud Scheme

PHILADELPHIA, PA - May 31, 2011 - (RealEstateRama) -- Kirk H. Kirby, 40, of Capital Heights, Maryland, and Sholonda Y. Johnson, 39, of Philadelphia, were sentenced today to 60 months and 30 months in prison, respectively, in connection with a real estate investment scheme, announced United States Attorney Zane David Memeger. Kirby and Johnson pleaded guilty to three counts each of wire fraud in connection with a real estate investment scheme that caused millions of dollars in losses to lenders. Kirby owned and operated Invictus Financial Group ("IFG"), located in Havertown, PA. Johnson was a loan officer at various mortgage brokerage companies.

Ad-Rock Hosted Children’s Museum of the Arts Family Benefit & Concert on May 22

May 31, 2011 - (RealEstateRama) -- Adam "Ad-Rock" Horovitz of the Beastie Boys served as host and DJ for the Children's Museum of the Arts’ Family Benefit and Concert on Sunday, May 22, at Webster Hall, 125 East 11th Street, in Manhattan.

27 City-Owned Properties Set for Auction June 21

May 31, 2011 - (RealEstateRama) -- With the arrival of summer finally upon us, The City of Springfield will, once again, team up with Daniel J. Flynn & Co., of Quincy, to hold its second auction of 2011. The portfolio for this auction includes twenty-seven (27) properties in tax-title possession and is scheduled for Tuesday, June 21, 2011. Registration begins at 5:00 P.M., and the auction will begin promptly at 6:00 P.M. The ballroom-style Auction will be conducted at Springfield City Hall located at 36 Court Street, Springfield, MA.

Missouri Housing Commission approves $1.7 million for disaster recovery

May 31, 2011 - (RealEstateRama) -- MHDC Chairman Jeffrey S. Bay convened a special meeting on Thursday, May 26, at which the Board of Commissioners approved a proposal to provide housing to Missouri residents who were displaced as a result of recent disasters. The Board unanimously agreed to provide immediate shelter for people who are homeless and to provide assistance to those in imminent danger of becoming homeless

Debris Removal On Private Property Requires Owners Consen

BIRMINGHAM, AL - May 31, 2011 - (RealEstateRama) -- Operation Clean Sweep is in full swing to pick up and remove tornado debris in eligible jurisdictions by the recently extended deadline of July 12. Property owners can help expedite debris removal by completing paperwork allowing debris teams to enter private property.

Shanta Patton- Patton Team – Realty ONE Group Earns Real Estate, Short Sale Designation...

Las Vegas, NV - May 31, 2011 - (RealEstateRama) -- Shanta Patton of Realty ONE Group in Las Vegas has earned the prestigious Certified Distressed Property Expert® (CDPE) designation, having completed extensive training in foreclosure avoidance, with a particular emphasis on short sales. At a time when millions of homeowners are struggling with the possibility of foreclosure, the skills and education amassed by Patton will help benefit Las Vegas/Henderson area residents and communities.

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Affordable Housing Comes to U Street with the Funding of Portner...

On July 7th, the District of Columbia Housing Finance Agency (DCHFA) closed on the financing of an affordable housing development in one the District’s most sought after neighborhoods, the U Street Corridor. The Agency issued $27 million in short term DCHFA tax exempt bonds providing a portion of the funding for the acquisition of Portner Place and construction of Portner Flats (1440-1450 V Street, NW) located in Ward 1, one block west of The Frank D. Reeves Municipal Center at 14th and U Streets, NW

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The Emergence of “18-Hour” Cities is Focus of Urban Land Institute’s...

The emergence of “18-hour” cities as magnets for investment and development will be discussed at the J.C. Nichols forum, an event being hosted on Thursday, September 29, by the Urban Land Institute (ULI) at Kansas City’s Nelson-Atkins Museum of Art. The forum honors the legacy of Kansas City developer J.C. Nichols, a founding ULI member considered to be one of America’s most creative entrepreneurs in land use during the first half of the 20th century