RealEstateRama
YES Housing Receives Grant Funding to Revamp Los Alamos Affordable Housing Community
LOS ALAMOS, NEW MEXICO - March 8, 2013 - (RealEstateRama) -- The Federal Home Loan Bank of Dallas (FHLB Dallas) and Los Alamos National Bank are pleased to announce they have awarded a $252,000 Affordable Housing Program (AHP) grant to YES Housing, Inc. to assist with the rehabilitation of a dated apartment community. The grant funds are part of a $6.2 million project that will revitalize the property into a new and vibrant affordable housing community in Los Alamos, New Mexico.
Single Mother Buys First Home with the Help of First-Time Homebuyers Program through Red...
SHREVEPORT, LOUISIANA - March 8, 2013 - (RealEstateRama) -- At 27 years old, Jo Monica Gaines is actually the one setting the example for her family. The dental assistant and single mother of two, recently purchased a home, and she has inspired her mother to do the same
NAREE Journalism Competition Extends Deadline to Monday, March 11
WASHINGTON, D.C. - March 8, 2013 - (RealEstateRama) -- The National Association of Real Estate Editors -- NAREE – is offering an extension to enter its prestigious 63rd annual Real Estate Journalism Competition until Monday, March 11. All entries must be postmarked by March 11
Lee & Associates Closes a $1.23 million Industrial Sale in Azusa
ONTARIO, CA - March 8, 2013 - (RealEstateRama) -- Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, closed a $1.23 million, 12,400 square foot industrial building at 120 S. Irwindale Ave in Azusa, California
Technology-Powered Real Estate Brokerage Redfin Arrives in Houston
Houston - March 7, 2013 - (RealEstateRama) -- Redfin, the technology-powered brokerage (www.redfin.com), today announced its arrival in Houston, expanding its one-of-a-kind combination of technology and service to its third Texas market, just in time for the spring home-buying and selling season. Redfin launched in Dallas in 2010 and Austin in 2012 and serves a total of 21 major markets across the United States.
Despite Inventory Shortage, Homebuyer Activity Increased in February with Home Offers Up 20%, Tours...
Seattle Redfin - March 7, 2013 - (RealEstateRama) -- (www.redfin.com), the technology-powered real estate broker, today issued its Real-Time Demand Pulse, the only report in the industry that analyzes tour and offer data. The report showed:
Holiday Inn Express® Philadelphia E – Penn’s Landing Opens Near Historic City Sights
ATLANTA - March 6, 2013 - (RealEstateRama) -- IHG (InterContinental Hotels Group) [LON: IHG, NYSE: IHG (ADRs)] one of the world’s leading global hotel companies announces the opening of the new Holiday Inn Express® Philadelphia E - Penn’s Landing, within walking distance of Philadelphia’s historic district and downtown.
Rob Sibcy Named Chairman of Leading Real Estate Companies of the World®
CHICAGO, IL - March 6, 2013 - (RealEstateRama) -- Robert N. Sibcy, president of Sibcy Cline, Realtors has been elected to a two-year term as Chairman of the Board of Leading Real Estate Companies of the World®, a global network of 500+ market-leading real estate firms representing more home sales than any other real estate network.
AFTER SCHUMER PUSH, HUD WILL ALLOW FEDERAL DISASTER-AID FUNDING TO BE AVAILABLE TO CO-OP...
New York, NY - March 6, 2013 - (RealEstateRama) -- U.S. Senator Charles E. Schumer today announced that the U.S. Department of Housing and Urban Development (HUD) will allow Community Development Block Grants Disaster Recovery (CDBG-DR) funding to help...
EPA RECOGNIZES USAA REAL ESTATE COMPANY WITH 2013 ENERGY STAR® PARTNER OF THE YEAR...
San Antonio, TX - March 6, 2013 - (RealEstateRama) -- The U.S. Environmental Protection Agency (EPA) has recognized USAA Real Estate Company with a 2013 ENERGY STAR Partner of the Year - Sustained Excellence Award for their continued leadership in protecting our environment through superior energy efficiency. USAA Real Estate Company’s accomplishments will be recognized at an awards ceremony in Washington, D.C. on March 26, 2013
MERSCORP Holdings, Inc. February 2013 News Summary
Reston, Virginia - March 6, 2013 - (RealEstateRama) -- Below is a monthly summary of major legal decisions involving either the use of the MERS® System database or Mortgage Electronic Registration Systems, Inc. (MERS) and its role in the mortgage process. Please feel free to contact the Office of Communications at MERSCORP Holdings, Inc. with any questions and visit the MERS Newsroom for a full list of news releases.
Hines REIT Sells Iconic Williams Tower to Invesco Real Estate
HOUSTON - March 6, 2013 - (RealEstateRama) -- Hines, the international real estate firm, announced today that Hines Real Estate Investment Trust, Inc. (Hines REIT) has sold the iconic Williams Tower to a fund managed by Invesco Real Estate. It was acquired by Hines REIT in 2008
Julia Gordon on the 2013 Federal Housing Finance Agency Scorecard
Washington, D.C. - March 6, 2013 - (RealEstateRama) -- Today, in reaction to the Federal Housing Finance Agency 2013 Scorecard, which sets out the agency’s work plan for the coming year, CAP Director of Housing Finance and Policy Julia Gordon released the following statement
8 Ways to Keep Food Safe at Home
WASHINGTON, D.C. - March 6, 2013 - (RealEstateRama) -- The Department of Justice Civil Division’s Consumer Protection Branch is hard at work to enforce food safety laws every day. But there is a lot you can do to keep your family safe at home. Every year, 1 in 6 Americans get food poisoning and 3,000 die from foodborne illnesses. Most will recover without any lasting effects from their illness. For some, however, the effects can be devastating and even deadly
Rebuilding Together AmeriCorps Members Celebrate AmeriCorps Week at Safe and Healthy Housing Event
Washington D.C. - March 5, 2013 - (RealEstateRama) -- Members of Rebuilding Together’s AmeriCorps program, CapacityCorps, will celebrate AmeriCorps Week by learning advanced safe and healthy housing principles and implementing those practices in three homes inDurham,North Carolina.
Mars Drinks Joins BOMA International as a Cornerstone Partner
WASHINGTON, D.C. - March 5, 2013 - (RealEstateRama) -- Mars Drinks, a leading supplier of drinks to offices and businesses around the world, announced that it has joined the Building Owners and Managers Association (BOMA) International's Partnership Program. As a Cornerstone Partner, Mars Drinks pledges to support BOMA's vital programs in education, research and membership at the highest level.
MERS Prevails Again over “Split the Note” Claim
Reston, Virginia - March 5, 2013 - (RealEstateRama) -- MERSCORP Holdings, Inc. today announced that Judge Janice Miller Karlin of the U.S. Bankruptcy Court for the District of Kansas rejected the plaintiff’s “split the note” theory and related challenge to the validity of the defendant’s interest in borrowers’ property. The “split the note” theory is a legal argument, which alleges that when a mortgage and note are not held by the same entity, the note is unsecured and therefore invalid.
Balfour Beatty Communities Earns Crystal Award for Service Excellence in Navy Southeast Housing
NEWTOWN SQUARE, PA - March 5, 2013 - (RealEstateRama) -- Balfour Beatty Communities, LLC, a leading provider of property management, development and related real estate services for the multifamily, military, and student housing markets, was recognized for outstanding service in its Navy Southeast military housing portfolio with the prestigious CEL & Associates 2012 Crystal Award.
Bahram Motamedian Joins USAA Real Estate Company as Managing Director, Portfolio Management
San Antonio, TX - March 5, 2013 - (RealEstateRama) -- USAA Real Estate Co. is pleased to welcome Bahram Motamedian as managing director of portfolio management. Mr. Motamedian will join the team leading the USAA Eagle Real Estate Fund, a diversified open end fund investing in all major property types throughout the United States. In addition, he will direct separately managed accounts and will work closely with executive leadership to advance the company’s international investment strategy.
Additional Information Regarding Fannie Mae’s Purchase of Certain FHA-Insured and VA-Guaranteed Mortgage Loans Backing...
WASHINGTON, D.C. - March 5, 2013 - (RealEstateRama) -- On March 16, 2011, Fannie Mae (FNMA/OTC) announced its intention to exercise its right to purchase from Fannie Mae REMIC and structured grantor trusts certain securitized FHA-insured and VA-guaranteed mortgage loans for which the seller has failed in its obligation to make required interest shortfall payments. In August 2011, Fannie Mae exercised its right to purchase certain of the eligible mortgage loans from a number of the affected trusts.
