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Monthly Archives: April 2011

DELAWARE INSURANCE COMMISSIONER STEWART QUESTIONS FEDERAL HOME LOAN BANK MEMBERSHIP PROPOSALS

Dover, DE - April 13, 2011 - (RealEstateRama) -- Delaware Insurance Commissioner Karen Weldin Stewart, CIR-ML, through a letter sent by her Department to the Federal Housing Finance Agency (FHFA), expressed serious concerns regarding an Advance Notice ...

NeighborWorks America Names New Regional Directors

Washington, D.C. - April 13, 2011 - (RealEstateRama) -- NeighborWorks® America, one of the nation’s largest community development corporations, today named Deborah Boatright and John Santner, Directors for the Northeast Region and Midwest Region, respectively. Each Regional Director will oversee two District offices – the Great Lakes and North Central Districts in the Midwest Region and the Northeast and New England districts in the Northeast Region. The move is intended to increase the efficiency of NeighborWorks America and enhance the corporation’s ability to meet the needs of its network of award winning, locally-based community development nonprofit businesses. Santner formerly was District Director for the NeighborWorks America North Central District, while Boatright formerly was District Director for the corporation’s Northeast District

NEW LAW HELPS HOMEOWNERS PRIOR TO FORECLOSURES

LITTLE ROCK, AR - April 13, 2011 - (RealEstateRama) -- Attorney General Dustin McDaniel joined Rep. Tiffany Rogers of Stuttgart today to applaud a new state law that equips homeowners with necessary information prior to a foreclosure and encourages ...

Realtors® Applaud Bill to Speed Lender Response to Short Sales

Washington, DC - April 13, 2011 - (RealEstateRama) -- A new bill to improve the process for approving short sales may soon bring relief to distressed home owners who are unable to keep their homes and hope to avoid foreclosure. The bill, introduced in the U.S. House yesterday and strongly supported by the National Association of Realtors®, would impose a deadline of 45 days on lenders to respond to short sale requests.

Sustainable Urban Housing Winners Announced: The best global solutions for building liveable and inclusive...

Washington DC - April 13, 2011 - (RealEstateRama) -- Three winners emerged today from the global collaborative competition: Sustainable Urban Housing: Collaborating for Liveable and Inclusive Cities competition, hosted by Ashoka’s Changemakers, with support from the Rockefeller Foundation. The competition identifies innovative solutions for providing sustainable, energy efficient housing in a way that unleashes economic opportunities for the urban poor, and builds smarter, cleaner cities around the world

Cool Springs Apartment Community Named The Venue At Cool Springs

Franklin, TN - April 13, 2011 - (RealEstateRama) -- With the first apartments of the new 428-unit luxury community at the intersection of Carothers Pkwy. and E. McEwen Dr. expected to be complete this summer, MAA and Crescent Resources have named the community The Venue at Cool Springs.

3 Columbus Circle $300 Million Financing Completed

New York, NY - April 13, 2011 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG) today announced the refinancing of 3 Columbus Circle and repayment of the $250 million acquisition bridge loan that was originated in January 2011 by SL Green and Deutsche Bank. The new five-year $260 million mortgage loan, provided by The Bank of China, has an earn-out option that increases the loan up to $300 million upon achievement of certain performance thresholds

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - April 13, 2011 - (RealEstateRama) -- Mortgage applications decreased 6.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 8, 2011.

INLANTA MORTGAGE’S JIM SNYDER RANKED AS ONE OF THE NATION’S TOP ORIGINATORS

Scotsman Guide Releases Top Originators 2010 Rankings Brookfield, WI - April 12, 2011 - (RealEstateRama) -- Inlanta Mortgage congratulates its Pewaukee Branch Manager, Jim Snyder,...

Turner Universal Earns National Award From Associated Builders And Contractors

April 121, 2011 - (RealEstateRama) -- Turner Universal, a subsidiary of Turner Construction Company, today announced that the Associated Builders and Contractors (ABC) recognized the Company’s work on the Middle Tennessee Medical Center in Murfreesboro, TN with the Pyramid Award in the Mega-Project category of ABC’s Excellence in Construction Awards.

American Institute of Architects Announces Guide for Sustainable Projects

Washington, DC - April 121, 2011 - (RealEstateRama) -- The American Institute of Architects (AIA) today announced that it will release AIA Document D503™-2011, Guide for Sustainable Projects, including Agreement Amendments and Supplementary Conditions (“Guide”), in May 2011. The Guide is free and was developed to assist users of AIA Contract Documents in understanding contractual considerations unique to sustainable design and construction projects.

ANNUAL NYU FURMAN CENTER STATE OF NEW YORK CITY’S HOUSING AND NEIGHBORHOODS FINDS INCREASING...

April 121, 2011 - (RealEstateRama) -- A report released today by NYU’s Furman Center for Real Estate and Urban Policy finds that the housing crisis has taken a toll on New York City’s multi-family rental properties. The report, the State of New York City’s Housing and Neighborhoods 2010, also examines commuting patterns within the city, highlights new data on subsidized rental housing, and shows housing and demographic trends in each of the city’s 59 community districts.

Kris Kerr Joins The Gordon Group at Kentwood Real Estate in the Denver Tech...

DENVER, CO - April 121, 2011 - (RealEstateRama) -- Kris Kerr, a service-driven real estate professional, has joined The Gordon Group with Kentwood Real Estate in the Denver Tech Center as a Broker Associate. Kerr is now serving the diverse real est...

Kris Kerr Joins The Gordon Group at Kentwood Real Estate in the Denver Tech...

DENVER, CO - April 121, 2011 - (RealEstateRama) -- Kris Kerr, a service-driven real estate professional, has joined The Gordon Group with Kentwood Real Estate in the Denver Tech Center as a Broker Associate. Kerr is now serving the diverse real estate needs of clients throughout the metro Denver area.

Bank Regulators Should Withdraw Consent Orders on Illegal Servicing

WASHINGTON, D.C. - April 121, 2011 - (RealEstateRama) -- National consumer, civil rights, and labor groups ask bank regulators to withdraw the proposed consent orders issued to the nation’s mortgage servicers and to work with the state Attorneys General and United States Department of Justice to obtain a joint settlement that addresses illegal servicing practices in a meaningful manner.

NFCC RECEIVES FEDERAL GRANT TO PROVIDE FREE HOUSING COUNSELING TO SENIORS IN DANGER OF...

Washington, DC - April 121, 2011 - (RealEstateRama) -- The National Foundation for Credit Counseling (NFCC) is the recipient of a Housing and Urban Development (HUD) program grant to assist seniors who have taken out a Home Equity Conversion Mortgage (HECM) and who are delinquent on their property charges, such as taxes and insurance, thus putting their home in danger of foreclosure.

LEED for Healthcare Debuts at CleanMed Conference

Phoenix, AZ - April 121, 2011 - (RealEstateRama) -- The U.S. Green Building Council (USGBC) today introduced its latest green building rating system, LEED for Healthcare, at the CleanMed conference. The rating system guides the design and construction of both new buildings and major renovations of existing buildings, and can be applied to inpatient, outpatient and licensed long-term care facilities, medical offices, assisted living facilities and medical education and research centers.

MBA’s National Secondary Market Conference & Expo to Include Tozer, Mullings, Neylan and Oppenheimer

WASHINGTON, D.C. - April 121, 2011 - (RealEstateRama) WHAT: The Mortgage Bankers Association's (MBA) 2011 National Secondary Market Conference & Expo- ‘Securing Future Market Growth

Affordable Housing Providers Dominate Apartment Industry’s Largest Owners, According to NMHC’s Annual Ranking of...

WASHINGTON, DC - April 121, 2011 - (RealEstateRama) -- The apartment industry made a surprising recovery in 2010 from the “Great Recession,” and that recovery is reflected in the 2011 NMHC 50, the National Multi Housing Council’s annual ranking of the 50 largest apartment owners and 50 largest managers.

HUD TO OFFER GRANTS TO FIX HOUSING-RELATED HEALTH HAZARDS

WASHINGTON, DC - April 121, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today announced that it is making grants available to help eliminate lead-based paint and other housing related health hazards from lower income homes. The funding will help protect young children as well as other vulnerable populations.

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.