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Josh Altman, Star of: Bravo’s Million Dollar Listing Becomes Renters Warehouse’s Celebrity Endorser

Golden Valley, MN - June 21, 2011 - (RealEstateRama) -- You’ve seen him “sell the dream” on Bravo TV’s Million Dollar Listing, now he has become the newest endorser of Renters Warehouse, a company who won’t “sell you the dream” but will help you “lease and manage it.”Renters Warehouse is a full service residential property management company, and Josh Altman has partnered with Renters Warehouse to increase brand awareness for the up and coming property management company. With Josh’s popularity from starring on Bravo’s Million Dollar Listing TV show and his expertise in real estate, it was an easy decision for Renters Warehouse to team up with him. Josh states “I am very excited to endorse Renters Warehouse. When it comes to real estate I only work with the best and Renters Warehouse is the best at what they do.

Charles Dunn Company Completes 26,336 Square Foot Office Lease Valued at $8 Million with...

LOS ANGELES, CA - June 21, 2011 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed a 10-year, 26,336 square foot office lease valued at $8 million with California Community Foundation (CCF) and U.S. Bank.

The Boulder Group Completes Sale of Single Tenant Net Leased Hobby Lobby Property in...

Northbrook, IL - June 20, 2011 - (RealEstateRama) -- The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Hobby Lobby property located at 212 Gable Crossing Drive in Avon, IN for $5,750,000.

NATIONAL HOUSING CONFERENCE CONVENES POLICY HEAVYWEIGHTS TO DEBATE THE FUTURE OF HOUSING FINANCE

Washington, DC - June 20, 2011 - (RealEstateRama) -- As the country struggles economically, the future shape of the mortgage finance system remains a central question, as do questions about Fannie Mae, Freddie Mac and role of government in general. The question of how most Americans will finance their housing choices in a post-bubble world hangs in the balance. To consider the choices and help chart a course forward, the National Housing Conference (NHC) will host its annual Policy Summit on mortgage finance reform Friday, June 24, from 8:00 a.m. to 12:30 p.m. at the Columbus Club in Union Station. The event is open to members of the media.

Growing Number of Building Owners Around the World Combating Rising Energy Prices by Pursuing...

WASHINGTON, D.C. - June 16, 2011 - (RealEstateRama) -- Rising energy prices, government incentives and enhanced public image are driving energy efficiency in buildings to new heights as a growing number of building owners race to reduce energy consumption, according to the results of the fifth annual, global Energy Efficiency Indicator survey

Bay Area May Home Sales, Median Price Inch Up From April; Fall below 2010

La Jolla, CA. - June 15, 2011 - (RealEstateRama) -- The Bay Area housing market in May posted modest month-to-month gains in sales and median prices, but those same measures fell sharply from year-ago levels, which had been pumped up artificially by homebuyer tax credits. Move-up buying and new-home sales were especially weak last month, while the share of sales involving distressed properties, cash buyers and investors remained far above normal, a real estate information service reported.

CONSTRUCTION MATERIAL COST INCREASES PLAGUE CONTRACTORS IN MAY AS FINISHED BUILDING PRICES REMAIN FLAT,...

WASHINGTON, D.C. - June 14, 2011 - (RealEstateRama) -- Contractors suffered from a new round of price increases for key materials in May but were largely unable to pass their costs along to customers, according to an analysis of producer price index figures released today by the Associated General Contractors of America. Association officials said the ongoing cost squeeze—a result of sluggish demand for construction—threatens to drive more construction employees and firms out of work unless public officials lower barriers to public and private investment

Faris Lee Investments Launches Capital Markets Group Under the Direction of Financial Industry Veteran...

New York, NY - June 13, 2011 - (RealEstateRama) -- In a move to broaden its transactional, financial, and operational capabilities, Faris Lee Investments today announced the launch of the Faris Lee Capital Markets Group. The move provides an even deeper level of retail investment expertise to the firm and its clients. The leadership of Faris Lee believes that controlling the finance process is crucial to the profit, timing and certainty of closing an investment transaction. Richard Berlinghof, principal with Faris Lee Investments and a 26-year financial industry executive, has been named managing partner of the Capital Markets Group.

BuildFax, the Online Source for National Commercial and Residential Permit Information, Secures $13M in...

AUSTIN, TX - June 9, 2011 - (RealEstateRama) -- BuildFax, a division of BUILDERadius, today announced that it has successfully closed a new $4 million round of funding, led by DMGI and with the support of Environmental Data Resources Inc. (EDR) which is wholly owned by DMG Information Inc., the business information division of Daily Mail and General Trust, plc. Today’s round of funding follows a $9 million investment by the same group in 2009, bringing the total amount of funding for BuildFax to $13 million

SL Green Realty Corp. to Present at the NAREIT REIT Week 2011 Investor Forum...

New York, NY - June 8, 2011 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG) today announced that the Company's executive management team, led by Marc Holliday, Chief Executive Officer, will make a presentation at the NAREIT REIT Week 2011 Investor Forum on Wednesday, June 8, 2011 at 2:15 p.m. EDT. The presentation will be simultaneously webcast, in a listen-only mode, on the Company's website at www.slgreen.com in the investor section under the "Event Calendar & Webcasts" tab.

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.

Business Real Estate Press Releases

Monaghan Communications

New 144-Unit Apartment Community in Downtown Danville Under Construction

Trammell Crow Residential (TCR), the multifamily real estate development, along with Town of Danville Mayor Robert Storer, City Councilmembers and other local leaders, recently celebrated a construction milestone on the first new residential rental community in Danville, the Alexan Downtown Danville, which will offer 144 luxury apartment homes located within walking distance of Danville's Historic Downtown District.

Recent Gov & Nonprofit Real Estate Press Releases

Monaghan Communications

New 144-Unit Apartment Community in Downtown Danville Under Construction

Trammell Crow Residential (TCR), the multifamily real estate development, along with Town of Danville Mayor Robert Storer, City Councilmembers and other local leaders, recently celebrated a construction milestone on the first new residential rental community in Danville, the Alexan Downtown Danville, which will offer 144 luxury apartment homes located within walking distance of Danville's Historic Downtown District.