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Carter Website Wins Two Prestigious Awards

ATLANTA - September 19, 2013 - (RealEstateRama) -- Carter, a leading real estate investment, development and advisory firm, is proud to announce that two prestigious marketing and media associations – the New Media Institute and the Web Marketing Association – have named the Carter website a Standard of Excellence winner in the real estate category. Carter received the Standard of Excellence Award from the New Media Institute and the Real Estate Standard of Excellence Award from the Web Marketing Association

CAP Calls on Policymakers to Monitor the Role of Investors in the Housing Recovery

Washington, D.C. - September 5, 2013 - (RealEstateRama) -- As private investors across the nation take advantage of the foreclosure crisis by purchasing tens of thousands of homes at bargain prices, often beating out potential homeowners who remain sidelined, a new report released today by the Center for American Progress calls on policymakers to closely monitor investor activities in order to limit any negative impacts of this growing trend.

Roseland Place Senior Apartments Wins 2013 MetLife Foundation Award for Excellence in Affordable Housing

WASHINGTON, D.C. - September 4, 2013 - (RealEstateRama) -- MetLife Foundation and Enterprise Community Partners, Inc. (Enterprise) today named Mercy Housing Lakefront and Neighborhood Housing Services of Chicago as recipients of the 2013 MetLife Foundation Award for Excellence in Affordable Housing, lauding the nonprofits’ Roseland Place Senior Apartments.

Ethermore 905 LP Acquires a 31,000 SF Building in West Chester Negotiated by Lieberman...

WASHINGTON, D.C. - August 27, 2013 - (RealEstateRama) -- Philip Earley, CCIM, a principal with Lieberman Earley & Company in Wayne, PA. represented the Buyer, Ethermore 905 LP, while Chuck Swope, CCIM, and Jim Lees, Partners with Swope Lees Commercial Real Estate, LLC in West Chester, assisted the Seller, 905 Fern Hill Road, Inc., in this transaction.

USAA Real Estate Company Has Named Jim Hime As The New Chief Financial Officer

WASHINGTON, D.C. - August 23, 2013 - (RealEstateRama) -- USAA Real Estate Co. has named Jim Hime as the company’s new chief financial officer, effective September 1, 2013. In this capacity, Mr. Hime will be responsible for various financial elements of the company’s business, including financial structuring, the management of debt strategies, liquidity management, and helping to ensure that the Company’s investments are performing at optimal levels

Energy Department Invests in Heating, Cooling, and Lighting

WASHINGTON, D.C. - August 21, 2013 - (RealEstateRama) -- The Energy Department on August 14 announced 12 projects to develop innovative heating, cooling, and insulation technologies as well as open-source energy efficiency software to help homes and commercial buildings save energy and money. These projects will receive approximately $9 million from the Energy Department along with about $1 million in matching private sector funding.

Hanley Investment Group’s HIG NNN Division Sells Single-Tenant Circle K

IRVINE, CA - July 31, 2013 - (RealEstateRama) -- HIG NNN, a division of Hanley Investment Group specializing in the sale and advisory of net-lease properties across the United States and a market leader in the sale of retail properties, announced today that Eric P. Wohl negotiated the sale of a single-tenant Circle K in Las Vegas, Nev

Square Mile Capital/USAA Real Estate Loan Platform Aims for $1 Billion in Origination

WASHINGTON, D.C. - July 29, 2013 - (RealEstateRama) -- Square Mile Capital Management LLC (“Square Mile”) and USAA Real Estate Company today announced the launch of a commercial real estate investment platform that will specialize in the origination and acquisition of high-quality secured real estate debt. The sponsors, which have already begun deploying the $300 million of capital that Square Mile and USAA Real Estate have committed to the platform, expect to invest as much as $1 billion in the U.S. by the end of 2014
Kennedy Wilson

Kennedy Wilson and Partner Purchase Portfolio of 14 Properties in Ireland for €306M

BEVERLY HILLS, CA - July 24, 2013 - (RealEstateRama) -- International real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced that the company and its partner completed the purchase of a portfolio of 14 properties for €306 million. The company and its partner each contributed €60 million of equity in the transaction, and Bank of Ireland provided €199 million in financing

Southland Home Sales Drop; Record Yr/Yr Gain for Median Sale Price

WASHINGTON, D.C. - July 18, 2013 - (RealEstateRama) -- Southern California home sales fell in June amid a still-tight supply of homes for sale, rising mortgage rates and a letup in investor buying. The median sale price rose at a record year-over-year pace to the highest level – $385,000 – in more than five years, a real estate information service reported.

Connecticut Real Estate Investors Association (CT REIA) Announces Its 10th Anniversary Celebration With David...

West Hartford, CT - July 8, 2013 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with David Seymour, is announcing the CT REIA 10th anniversary celebration and meeting on July 15, 2013. This meeting will take place from 5:30 to 9:00 pm at the Four Points Sheraton, located at 275 Research Parkway in Meriden, CT.

LUCESCU REALTY Announces Sale of Stadium Center Shopping Center in Manteca, California for $41.15...

NEWPORT BEACH, CA - July 2, 2013 - (RealEstateRama) -- Mark Lucescu, President of LUCESCU REALTY, a market leading investment real estate services firm, announced today the sale of Stadium Center Shopping Center in the City of Manteca, in the Central Valley of California, for $41.15 million. Stadium Center was developed by Kitchell Development Company, headquartered in Phoenix, Arizona, a preeminent owner, operator, and developer of dominant neighborhood and community shopping centers. LUCESCU REALTY represented the interests of the seller and procured the buyer, Excel Trust, a publicly-traded real estate investment trust, located in San Diego, California

DataQuick Offers Online Resource for Local Market Analysis

SAN DIEGO - July 2, 2013 - (RealEstateRama) -- DataQuick®, a Mortgage Technology Top 50 service provider, now offers its high-quality data, proprietary analytics and research expertise as an online resource through the company’s website. The site gives lenders, originators and investors convenient access to local market data and insight built from the nation’s largest independent property database

Log Homes Council Members Celebrate National Log Home Open House Month in July

WASHINGTON, D.C. - July 2, 2013 - (RealEstateRama) -- Members of the National Association of Home Builders’ (NAHB) Log Homes Council are celebrating National Log Home Open House Month in July by hosting home tours, log raising demonstrations, factory tours, seminars and much more. This marks the second anniversary of the national event for the Log Homes Council members.

The Boulder Group Publishes 2nd Quarter Net Lease Market Research Report

Northbrook, IL - July 2, 2013 - (RealEstateRama) -- The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the 2nd quarter activity in the National Net Lease Market.

Hanley Investment Group Sells Grocery-Anchored Retail Center for $3.54 Million in White Pine, Tennessee

IRVINE, CA - July 1, 2013 - (RealEstateRama) -- Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the United States and a market leader in the sale of retail properties, announced today Eric P. Wohl represented the seller in the sale of Food City Center at White Pine, a 51,436-square-foot grocery-anchored shopping center in White Pine, Tennessee. The purchase price was $3,540,000, which represented an 8.5% capitalization rate.

Four Northern California Real Estate Investors Agree to Plead Guilty to Bid Rigging at...

WASHINGTON, D.C. - June 28, 2013 - (RealEstateRama) -- Four Northern California real estate investors have agreed to plead guilty for their role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California, the Department of Justice announced

NCRC Calls for Senate Confirmation of Mel Watt

WASHINGTON, D.C. - June 27, 2013 - (RealEstateRama) -- In anticipation of today's confirmation hearing, the National Community Reinvestment Coalition called for the confirmation of Mel Watt as Director of the Federal Housing Finance Agency (FHFA).

Mortgage Broker Targeting U.S. Servicemembers Will Pay Record $7.5 Million to Settle Alleged Telemarketing...

WASHINGTON, D.C. - June 27, 2013 - (RealEstateRama) -- The FTC infographic “10 Years of Do Not Call,” which shows a timeline of the registry’s popularity and development, cases brought against violators, and results in efforts to protect consumers.

USGBC, Architects Commend Mayors for Renewing Commitment to Green Building and Sustainability

Las Vegas - June 26, 2013 - (RealEstateRama) -- The U.S. Green Building Council (USGBC) and the American Institute of Architects (AIA) this week commended the U.S. Conference of Mayors (USCM) for passing a slate of sustainability resolutions that renew its commitment to local green building and clean energy efforts that help spur economic savings and protect the environment

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.

Recent Gov & Nonprofit 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.