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.

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...

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.

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

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.

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.

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

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...

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).

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.

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.

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

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.

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.

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...