Monthly Archives: August 2011


Miami, FL - August 31, 2011 - (RealEstateRama) -- CBRE arranged $10 million in proceeds for the purpose of refinancing the debt on The Blackstone Apartments in Miami Beach, Florida. Financing terms of the loan include a 7-year fixed rate term, 2-years interest only, and a 70% loan-to-value ratio.

Department of Finance Warns of Mortgage Modification Scam Targeting Spanish Speaking Idahoans

Boise, ID - August 31, 2011 - (RealEstateRama) -- Gavin Gee, director of the Idaho Department of Finance, today warned that a company calling itself Freedom Companies Marketing, Inc., Freedom Companies, Inc., Freedom Companies Lending, and Freedom Fina...

Florida Realtors® Recognizes 2011 Realtor® of Year

ORLANDO, FL - August 31, 2011 - (RealEstateRama) -- Florida Realtors® recognized Wendell Davis, CRB, GRI and the 2010 president of the state Realtor association, as its 2011 Realtor of the Year. CRB and GRI are special designations awarded to Realtors who complete additional training; they stand for Certified Real Estate Brokerage Manager and Graduate, Realtor Institute.The Realtor of the Year award was presented at the state association’s 95th annual Convention & Trade Expo at Rosen Shingle Creek in Orlando, Fla.

Coral Springs Realtor® Wins Commercial Realtor Achievement Award

ORLANDO, FL - August 31, 2011 - (RealEstateRama) -- Florida Realtors® has honored Claudette Bruck, broker-owner of Multiple Choice Realty Investments Inc. and a 35-year member of the Realtor Association of Greater Fort Lauderdale (RAGFL), with its 2011 Commercial Realtor Achievement Award. The award was presented at the state association’s recent 95th annual Convention & Trade Expo at Rosen Shingle Creek in Orlando, Fla.The Commercial Realtor Achievement Award honors a Realtor’s lifetime of contributions to commercial activities at the local, state, national and community levels

Williams: Homeowners Should Use Caution when Hiring Contractors in Wake of Hurricane Irene

August 31, 2011 - (RealEstateRama) -- Senate President Donald E. Williams, Jr. (D-Brooklyn) is urging homeowners who are grappling with property damage due to Hurricane Irene to use caution when hiring home contractors or arborists.

C.A.R. urges Gov. Brown to sign bill increasing accountability of licensees managing real estate...

LOS ANGELES, CA - August 31, 2011 - (RealEstateRama) -- Under current law, the Department of Real Estate (DRE) cannot hold an office manager responsible for failing to supervise licensees within the office. Current law only allows the DRE to hold the principal broker responsible even in situations where that broker has delegated supervisorial responsibilities to an office manager.

Homeside Properties Announces AMS Designation

ALPHARETTA, GA - August 31, 2011 - (RealEstateRama) -- Homeside Properties, Inc., an Associa company, is proud to announce Community Manager Sarah Magee recently received her Association Management Specialist (AMS) designation through Community Associations Institute (CAI). The AMS designation is the second level in the CAI career development track for community association managers

Lindsay Scott and IDX, Inc. make finding homes in prestigious Main Line, Philadelphia a...

EUGENE, OR - August 31, 2011 - (RealEstateRama) -- Philadelphia real estate agent Lindsay Scott has teamed up with IDX, Inc. to enable her website with the revolutionary IDX Broker software. As a member of the Trend MLS, Scott has access to thousands o...

MBA Study Shows Second Quarter 2011 Improvements in Production Profits Among Independents and Subsidiaries,...

WASHINGTON, DC - August 31, 2011 - (RealEstateRama) -- Independent mortgage banks and subsidiaries made an average profit of $575 on each loan they originated in the second quarter of 2011, up from $346 per loan in the first quarter of 2011, according to the Mortgage Bankers Association’s (MBA) Second Quarter 2011 Mortgage Bankers Performance Report released today.


WASHINGTON, DC - August 31, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced that it is charging John and Nancy Meany, owners of an apartment building in Traer, Iowa, with violating the Fair Housin...


WASHINGTON, DC - August 31, 2011 - (RealEstateRama) -- Today, U.S. Department of Housing and Urban Development Secretary Shaun Donovan announced that HUD will award $1.63 billion for Fiscal Year 2011 to support nearly 7,000 existing homeless assistance programs currently operating and create additional new homeless assistance programs with the Continuum of Care (CoC) Homeless Assistance Program Notice of Funding Availability (NOFA).

Jones Lang LaSalle Report Shows Lower Manhattan Resurgence Sets Stage for Next Great Transformation

NEW YORK, NY - August 31, 2011 - (RealEstateRama) -- Jones Lang LaSalle data demonstrates the groundwork has been laid for Lower Manhattan’s next great transformation 10 years past the September 11 tragedy. Having weathered a volatile economy and ongoing cycles of recovery, rebuilding and consolidation, Lower Manhattan is poised to capture demand not witnessed since the beginning of the previous century. According to Jones Lang LaSalle’s report, “Lower Manhattan 10 Years Later,” although the historic district remains the home of Wall Street, local government, professional services, media and technology firms will occupy a greater share of Lower Manhattan office space going forward.


WASHINGTON, DC - August 31, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced that it is charging John and Nancy Meany, owners of an apartment building in Traer, Iowa, with violating the Fair Housin...


WASHINGTON, DC - August 31, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Iowa and provide support to homeowners and low-income renter...


WASHINGTON, DC - August 31, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today announced five cities will receive a combined $122 million to redevelop distressed housing and bring comprehensive neighborhood revitalization to blighted areas.

20 and 30 Enterprise at Summit Office Campus Reaches 94% Occupancy With Six Recent...

ALISO VIEJO, CA - August 31, 2011 - (RealEstateRama) -- Summit’s 20 and 30 Enterprise are now at 94 percent occupied according to the development and management team of Parker Properties, and its partner, RREEF Alternative Investments. Over the last six months, there have been six leases signed totaling 140,596 square feet with Marvell Semiconductor, Inc., UST Global, Inc., AVANIR Pharmaceuticals, Inc., Telogis, Inc., Johnny Rockets Group, Inc., and Benefits Resource, LLC.

“Good News In Luxury Travel Segment”

Phoenix, AZ - August 31, 2011 - (RealEstateRama) -- Despite the current economic malaise in the job sector of the US economy, recent travel news indicates a concurrent reality of optimism

Valerie Rodriquez of Keystone Pacific Property Management Earns CCAM Designation

Torrance, CA - August 31, 2011 - (RealEstateRama) -- Valerie Rodriquez of Keystone Pacific Property Management, a California-based community association management company, has earned the Certified Community Association Manager (CCAM®) designation through the California Association of Community Managers.

Colliers International Completes a 5,612-Square-Feet Office Building Sale Totaling $3 Million in Los Angeles

Los Angeles, CA - August 31, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, has completed the sale of an office building located at 1536 N. Highland Ave Los Angeles, Calif. The transaction is valued at $3,000,000.

Renters Warehouse Ranks No. 132 On The 2011 Inc. 500 With Three-Year Sales Growth...

Golden Valley, MN - August 31, 2011 - (RealEstateRama) -- From #983 in 2010 Inc. 5000 to # 132 in Inc. 500 in ranking for America’s Fastest-Growing Private Companies, Renters Warehouse and CEO Brenton Hayden continue to grow at a remarkable rate. F...

C.W. Driver Enters its First SBA Mentor-Protégé Agreement

Ontario, CA - August 31, 2011 - (RealEstateRama) -- As part of its initiative to support small businesses, premier builder C.W. Driver has entered into an SBA (Small Business Administration) mentor-protégé agreement with Hubzone, an Inland Empire-based contractor. It is the first such partnership for C.W. Driver, which will use the union to pursue projects in the federal/military sector while supporting Hubzone in areas such as marketing and management.

OHFA Board Announces New Member, Approves $15.5 Million in Multifamily Bonds for the Rehabilitation...

COLUMBUS, OH - August 31, 2011 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board today authorized the issuance of up to $15.5 million in Multifamily Bonds. Multifamily Housing Bonds are tax-exempt revenue bonds designed to lower the...

Attorney General DeWine Announces Foreclosure Rescue Actions

CINCINNATI, OH - August 31, 2011 - (RealEstateRama) -- American Equity Group A federal grand jury has indicted four people who ran a Cincinnati real estate business known as American Equity Group (AEG) with fraudulently obtaining more than $13 millio...


August 31, 2011 - (RealEstateRama) -- Congressman Rubén Hinojosa will be on hand at the grand opening of the new Mercedes Housing Authority building on Thursday, August 18, 2011 at 9:30 a.m. at 306 West 5th Street in Mercedes.

Connecticut Real Estate Investors Assn. (CT REIA) Announces Free Webinar For Business Entrepreneurs

West Hartford, CT - August 31, 2011 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with Chris Bowser, is announcing a new webinar for business entrepreneurs. This webinar will take place online on September 8, 2001 from 8:00 to 9:00 pm EST.

RW Zukin Acquired by Multifamily Veterans Bob Talbott & Scott Mencaccy

MENLO PARK, CA - August 31, 2011 - (RealEstateRama) -- RW Zukin Corporation is pleased to announce that multifamily industry veterans Robert C. Talbott and Scott F. Mencaccy have acquired the 46-year-old Bay Area real estate services firm. RW Zukin specializes in property management, asset management and investment management, primarily in the San Francisco Bay Area, Monterey County and Sacramento area, and currently manages nearly 2,000 units with a combined value in excess of $400 million. Prior to his partnership with Thompson | Dorfman Partners, LLC, Talbott was the former senior vice president of operations and property management for Essex Property Trust. Mencaccy was the former president of Pinnacle Realty Management Company's west region

State Regulators Release Mortgage Licensing Data Collected by NMLS; Reveals Mortgage Industry Remains Small...

Washington, D.C. - August 31, 2011 - (RealEstateRama) -- The Conference of State Bank Supervisors (CSBS) has released its first and second quarter data for state-licensed mortgage companies, branches, and individuals in the Nationwide Mortgage Licensing System & Registry (NMLS)—a mortgage licensing system owned and operated by state regulators.

Free Entrepreneur and Business Webinar

Free Entrepreneur and Business Webinar - Make An Additional $3-4K Per Month On eBay West Hartford, CT - August 31, 2011 - (RealEstateRama) September 8, 2011 - 8:00 to 9:00 pm EST Register and Learn More at

2011 MetLife Foundation Excellence in Affordable Housing Award Winners Announced

COLUMBIA, MD - August 31, 2011 - (RealEstateRama) -- Enterprise Community Partners, Inc. (Enterprise) and MetLife Foundation today announced the winners of the 2011 MetLife Foundation Awards for Excellence in Affordable Housing, which laud best practices in green, service-enriched housing for low-income seniors. The four winners will each receive $50,000 in unrestricted grant funds to expand their exemplary work in affordable senior housing and will be recognized at various events around the country culminating with a final event at the LeadingAge conference in Washington, D.C. this fall.

Alabama Court Affirms Enforceability of MERS Mortgage

Reston, VA - August 31, 2011 - (RealEstateRama) -- In Freddie Mac v. Brooks, the U.S. District Court for Alabama’s Eastern Division dismissed with prejudice the borrowers’ counterclaim against Mortgage Electronic Registration Systems, Inc. (MERS...

Popular Government & Nonprofit Press Releases


SEIA Joins Settlement to Resolve Oncor Rate Case

Following is a statement from Sean Gallagher, vice president of state affairs for the Solar Energy Industries Association (SEIA), on the unanimous settlement approved today to resolve Oncor Electric Delivery Company’s 2017 rate case

Recent Government & Nonprofit Press Releases

ABC National

ABC CEO Mike Bellaman Appointed to Task Force on Apprenticeship Expansion...

Michael D. Bellaman, president and CEO of Associated Builders and Contractors (ABC), has been appointed by U.S. Department of Labor Secretary R. Alexander Acosta  to the Task Force on Apprenticeship Expansion, created by President Trump’s June 15 Executive Order 13801.