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CT REIA June 2011 Monthly Meeting With Al Lowry – Investing In Foreclosures

West Hartford, Ct - June 7, 2011 - (RealEstateRama) -- CT REIA and Al Lowry presents: Secrets For Buying Foreclosures & Other Investment Properties

PCCP, LLC Provides $23.2 Million Senior Loan Commitment for Acquisition and Re-Development Financing of...

WASHINGTON, D.C. - June 6, 2011 - (RealEstateRama) -- PCCP, LLC has announced that it has provided a $23.2 million senior loan commitment for the acquisition and re?development financing of 2055 L Street, NW, a Class B+ office condominium located in the “Golden Triangle” of Washington D.C.’s CBD. The borrower/property owner is a joint venture between Monument Realty and Angelo Gordon & Co. which acquired the asset in December 2010. With this loan in place, the joint venture will now commence a six-month rehabilitation to the owned 102,000 square foot condominium office portion of the 237,000 square foot building.

CT REALTY INVESTORS ADDS CAPITAL INVESTMENT ADVISOR TO BOARD OF DIRECTORS

ALISO VIEJO, CA - June 3, 2011 - (RealEstateRama) -- Susan J. Barlow, chief executive officer of Newport Beach, Calif.-based Fiduciary Capital Inc., has been named to the board of directors for CT Realty Investors.

Connecticut Real Estate Investors Association (CT REIA) Announces June 2011 Business Entrepreneur Workshop

West Hartford, CT - June 2, 2011 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with the National Association of Small Business Owners, or NASBO, is announcing a new entrepreneur workshop for Connecticut business owners. This event will take place on Monday June 13, 2011 from 6:30 pm to 9:00 pm at the Sheraton Four Points, 275 Research Parkway in Meriden, CT. Online registration in advance is $24 and admission at the door is $49.

Online Real Estate Auctions Becoming More Popular

Newport Beach, CA - June 1, 2011 - (RealEstateRama) -- Bringing a property to market is easy, trading that property however can be difficult, especially in a depressed market. Yet there are a growing number of real estate professionals who are expanding their service offerings to compete and succeed in such conditions.

Colliers International Sells 60-unit –Apartment Community in Culver City, Calif. for 5.7 CAP Rate

Culver City, CA - June 1, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, recently sold a 60-unit apartment complex, The Keswick Court Apartments, located at 3902-3920 Lenawee Ave, Culver City, Calif.

PCCP Partners With Principal Real Estate Investors to Acquire Class A Office Building in...

SAN FRANCISCO, CA - May 31, 2011 - (RealEstateRama) -- PCCP, LLC has announced that it has partnered with Principal Real Estate Investors, the fourth largest institutional real estate manager in the United States, to acquire a 253,769 square foot class A office building located at 705 5th Avenue South in Seattle. The property is located within the Pioneer Square submarket, which is situated just south of the Seattle CBD, and is 98 percent vacant. The joint venture acquired the property from a private owner in an off market transaction.

HUD RELEASES FINAL BLOCK GRANT ALLOCATIONS FOR FY 2011

WASHINGTON, DC - May 27, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today announced the final Fiscal Year 2011 block grant allocations to approximately 1,200 state and local governments under the Community Development Block Grants (CDBG), HOME Investment Partnerships (HOME), Housing Opportunities for Persons with AIDS (HOPWA), and the Emergency Shelter Grant Program (ESG). Read more about how HUD’s block grant programs will be allocated at the state and local level.

OHFA PARTNERS WITH OSU TO LAUNCH THE HOMEOWNERSHIP INVESTMENT PROGRAM

COLUMBUS, OH - May 26, 2011 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) is partnering with The Ohio State University (OSU) to launch the Homeownership Investment Program. The program will provide additional support for OHFA homeowners before and after they purchase their home, to increase their mortgage sustainability and overall financial well-being. The new program will enhance the streamlined homebuyer education currently offered by the Agency in conjunction with OHFA's successful affordable mortgage program for first-time homebuyers.

Michigan Saves Home Energy Loan Program Increases Loan Cap to $20,000

May 26, 2011 - (RealEstateRama) -- The Michigan Public Service Commission (MPSC) today noted that the Michigan Saves Home Energy Loan program will be increasing its loan cap from $12,500 to $20,000, effective June 1. The higher loan cap will eliminate a barrier for consumers who want to invest in deep energy efficiency for their home, and will give a greater boost to those who want to purchase solar photovoltaic systems.

CUSHMAN & WAKEFIELD ARRANGES HOBOKEN MULTIFAMILY TRADE

HOBOKEN, N.J. - May 25, 2011 - (RealEstateRama) -- One of Hoboken’s newest luxury rental communities, 800 Madison Street, traded this week. Commercial real estate services firm Cushman & Wakefield, Inc.’s Metropolitan Area Capital Markets Group orchestrated the property’s sale from Tarragon Corp. to CB Richard Ellis Investors.

Connecticut Real Estate Investors Assn. (CT REIA) Announces Free Wealth Building Conference For Real...

West Hartford, CT - May 23, 2011 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with Dave Lindahl, is announcing a free wealth building conference for real estate investors on June 4 and 5, 2011. This event will take place from 8:00 am to 5:00 pm at the Comfort Inn, 900 East Main Street in Meriden CT. This is a free event. VIP seating and bonus sessions are also available for a nominal fee. Seating is very limited and interested parties are urged to register well in advance

Berkley: Crescent Dunes Solar Project Will Bring Clean Energy Jobs to Nevada

Washington, D.C. - May 20, 2011 - (RealEstateRama) -- Congresswoman Shelley Berkley today welcomed an announcement that a conditional loan guarantee has been awarded to the Crescent Dunes Solar Energy Project in Nevada. The facility will create new clean energy jobs in the Silver State and boost the supply of renewable energy needed to power local homes and businesses."This is a smart investment that will create new Nevada jobs and increase our supply of clean renewable energy. That is why I fought Republican efforts to cut the loans for renewable energy projects like this new solar plant near Tonopah. Nevada's future is in clean energy and we can create jobs and strengthen our economy by investing in the development of more solar, wind, geothermal and other sources of renewable power found in abundance right here at home in the Silver State," said Berkley.

Inter-Regional Direct Commercial Real Estate Investment Up 70 Percent according to Jones Lang LaSalle’s...

CHICAGO, LONDON, SINGAPORE - May 20, 2011 - (RealEstateRama) -- Cross-border direct commercial real estate investment volumes reached US$37 billion in Q1 2011, up 25 percent from a year ago, according to the recent Global Capital Flows report from Jones Lang LaSalle. Inter-regional volumes (capital moving between the Americas, EMEA and Asia-Pacific) rose to US$26 billion, a 70 percent increase over Q1 2010. This emphasises the appetite real estate investors have for acquiring foreign assets and far exceeds the 40 percent gain across the total market (cross border plus domestic investment) in the first quarter.

Faris Lee Investments Chosen by LNR Partners to Market Landmark Retail Center in Las...

LAS VEGAS, NV - May 19, 2011 - (RealEstateRama) -- Faris Lee Investments, the nation’s largest retail-specialized investment sales and advisory firm, has been named the exclusive broker to market The District at Green Valley Ranch, a 384,107-square-foot landmark retail community center located in Green Valley Ranch, a leading master planned community located near Las Vegas at Green Valley Parkway and Interstate 215.

Amerind: Sustainability Lexicon for Today’s Real Estate Market

Phoenix, AZ - May 19, 2011 - (RealEstateRama) -- The admonition, “Go west, young man!” was taken to heart by William Shirley Fulton from his Waterbury, Connecticut home and lucrative manufacturing business. 1600 acres sprawling amidst the desolate beauty of Texas Canyon in Cochise County, Arizona was Fulton’s find, becoming home and investment. The Amerind Foundation became the passion of Fulton’s life as he established it in 1937. Fulton’s life and accomplishments are more than his personal and family legacy; they function as a primer on how to survive and thrive in today’s economic domestic climate. The Amerind Foundation in its structure, organization, scope of work and active research and programs well illustrates the vitality of contemporary non-profit practice in America.

Bank-owned Las Vegas Building Looking for a New Owner in Online REO Auction

NEWPORT BEACH, CA - May 18, 2011 - (RealEstateRama) -- Another bank-owned building, another auction: a common story in the Las Vegas area. So what makes this auction different? It is conducted entirely online, as have many hundreds of other successful auctions on the Freedom Realty Exchange®, the global online real estate auction marketplace.

Katy Perry Russell Brand sell LA property, New York apartment likely new home?

May 18, 2011 - (RealEstateRama) -- Celebrity couple Katy Perry and Russell Brand have decided to sell their luxury Los Angeles home after living in the property for just two years. The couple, who married in October last year, have put their 1922 Mediterranean style property on the market for US$3.395 million. The house comes complete with a three car garage, four bedrooms, a swimming pool and views over Los Angeles

Lucescu Realty Announces $500 Million in Retail Property Transactions and the Opening of a...

NEWPORT BEACH, CA - May 18, 2011 - (RealEstateRama) -- Mark Lucescu, President of Lucescu Realty, one of the most active real estate investment brokerage firms in the U.S., announced today that the firm has closed, or currently has in escrow, approximately $500 million in retail property transactions and has opened a new office in Las Vegas to better serve its clients. Lucescu Realty most recently represented separate sellers, and procured the buyers, in the sale of Park West Place, a 757,000 sq. ft. power center in Stockton, Calif., which was acquired for $92.5 million; and Gilroy Crossing, a 474,000 sq. ft. power center in Gilroy, Calif., which was acquired for $68.5 million.

CT REIA June 2011 Business Entrepreneur Workshop

West Hartford, CT - May 16, 2011 - (RealEstateRama) CT REIA Business Entrepreneur Workshop June 13, 2011 - 6:30 to 9:00 PM Sheraton Four Points. 275 Research Parkway. Meriden, CT Admission for the general public is $49. Special price for CT REIA - Only $24

Business Real Estate Press Releases

Net Lease 7-Eleven Property

The Boulder Group Arranges Sale of Net Lease 7-Eleven Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased 7-Eleven property located at 2317 Holland Road in Suffolk, Virginia for $2,727,000.

Recent Gov & Nonprofit Real Estate Press Releases

Net Lease 7-Eleven Property

The Boulder Group Arranges Sale of Net Lease 7-Eleven Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased 7-Eleven property located at 2317 Holland Road in Suffolk, Virginia for $2,727,000.