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Purchasing — and MAINTAINING — Flood Insurance is a Great Investment at Any Time

DENVER - March 20, 2013 - (RealEstateRama) -- There’s a hidden threat that strikes countless unprepared Americans each year – flooding. Unlike fire, wind, hail or most other perils, flood damage is not covered by a homeowners policy. An uninsured flood loss can undo a lifetime’s worth of effort and create a mountain of bills. Fortunately, a National Flood Insurance Program (NFIP) policy provides the defense against such losses and can ensure that a flood doesn’t bring financial ruin

Cushman & Wakefield Advises on $40 Million Investment for Berkshire Realty Ventures

Norwood, MA - March 15, 2013 - (RealEstateRama) -- As exclusive buy-side advisor to Berkshire Realty Ventures, LLC ("Berkshire"), Cushman & Wakefield's Senior Housing Capital Markets Group, a division within the Equity, Debt & Structured Finance Group, has advised on a $40 million joint venture between Berkshire, a New York based real estate private equity firm, and LCB Senior Living. LCB Senior Living is a newly formed senior housing owner/operator consisting of the former management team of Newton Senior Living, a well-regarded senior housing operator in the Northeast that was acquired by Lazard Freres in 2005.

HOPE NOW: Loan Mods & Short Sales for Homeowners Total 108,000 in January

WASHINGTON, DC - March 14, 2013 - (RealEstateRama) -- HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, released its January 2013 loan modification data. An estimated 78,397 homeowners received permanent, affordable loan modifications from mortgage servicers during the month. This includes modifications completed under both proprietary programs and the government’s Home Affordable Modification Program (HAMP).

Hanley Investment Group’s HIG NNN Division Negotiates Sale of 8 Single-Tenant NNN Properties...

IRVINE, CA - February 27, 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 eight single-tenant NNN properties in Florida, Alabama and Nevada, totaling nearly $24 million.

One Year In, Realtor® University’s Graduate Real Estate Program Thrives

WASHINGTON, D.C. - February 27, 2013 - (RealEstateRama) -- Today marks the one-year anniversary of Realtor® University’s Master of Real Estate degree program. The National Association of Realtors® created Realtor® University to help Realtors® bring value to home buyers, sellers and investors.

Freddie Mac Announces Third Multifamily Securities Offering of the Year, K-502

MCLEAN, VA - February 27, 2013 - (RealEstateRama) -- Freddie Mac (OTCQB: FMCC) today announced a new offering of Structured Pass-Through Certificates ("K Certificates") backed exclusively by multifamily mortgages with a 5-year term. The company expects to offer approximately $900 million in K Certificates ("K-502 Certificates"), which are expected to price on or about March 1, 2013, and settle on or about March 14, 2013. This is Freddie Mac's third K Certificate offering this year.

OPIC and TPC Support Expansion of Home Improvement Loans for Low-Income Cambodians with Historic...

Phnom Penh - February 27, 2013 - (RealEstateRama) -- The Overseas Private Investment Corporation (OPIC) and Thaneakea Phum (Cambodia), Ltd. (TPC) today announced the closing of a US$ 5 million term loan to fund the expansion of TPC’s portfolio of microfinance loans for low-income borrowers

Housing Bubble Recovery: Will The Next 12 Months Show Signs of Life?

WASHINGTON, D.C. - February 25, 2013 - (RealEstateRama) -- There seems to be a sliver of hope for the real estate market in the U.S. According to the National Association of Realtors, median sales price in January for previously-owned homes has risen 12.3 percent annually. This is the strongest gain in over seven years and the 11th consecutive month of annual increases. Primary reasons for this gain in price are thought to be a low inventory and an inflow of investors with enough money to heat up the bidding markets. There has also been an increase in the number of traditional sales rather than foreclosures and short sales.

CBRE Sees Domestic Energy Production Boom Enhancing Office Investment opportunities

Los Angeles, CA - February 20, 2013 - (RealEstateRama) -- The increase in domestic energy exploration and production will spur office investment opportunities in U.S. markets like Dallas, Pittsburgh and Oklahoma City; the transformation of the supply chain by e-commerce will accelerate changes in distribution facilities and locations; and an aging population will significantly drive apartment rental demand during this decade. Those are among the key real estate trends that CBRE has identified in a new report, “13 Trends for 2013.”

Bank of America Merrill Lynch Provided More Than $2.6 Billion in Community Development Lending...

WASHINGTON, D.C. - February 14, 2013 - (RealEstateRama) -- Through its delivery of lending, tax credit equity investments and real estate development solutions, Bank of America Merrill Lynch in 2012 provided more than $2.6 billion for community development – commitments that will help create nearly 11,000 affordable housing unit

STATEMENT: Housing Expert Julia Gordon on Tonight’s State of the Union Address

Washington, D.C. - February 13, 2013 - (RealEstateRama) -- In reaction to President Barack Obama’s State of the Union address tonight, Julia Gordon, Director of Housing Finance and Policy at the Center for American Progress, released the following statement
Kennedy Wilson

Kennedy Wilson to Announce Fourth Quarter and Full Year 2012 Earnings

BEVERLY HILLS, CA - February 13, 2013 - (RealEstateRama) -- International real estate investment and services firm Kennedy-Wilson Holdings, Inc. (NYSE: KW) will release its fourth quarter and full year 2012 financial results on Tuesday, March 12, 2013 after the market closes. The company will hold a live conference call and webcast to discuss results at 7:00 a.m. PT/ 10:00 a.m. ET on Wednesday, March 13.

27 Percent of Borrowers That Refinance Shorten Mortgage Term During Fourth Quarter

MCLEAN, VA - February 12, 2013 - (RealEstateRama) -- In the fourth quarter of 2012, 27 percent of borrowers that refinanced an existing mortgage chose to shorten their loan term, based on the Freddie Mac (OTC: FMCC) Quarterly Product Transition Report released today. Further, refinancing borrowers clearly preferred fixed-rate loans, regardless of whether their original loan was an adjustable-rate mortgage (ARM) or a fixed-rate.

Mortgage Servicers Completed 850,000 Loan Modifications for Homeowners in 2012

WASHINGTON, DC - February 11, 2013 - (RealEstateRama) -- HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, released its final 2012 loan modification data, which shows that 850,034 homeowners received permanent, affordable loan modifications from mortgage servicers in 2012.

TIAA-CREF and Norwegian Government Pension Fund Global Announce $1.2 Billion Real Estate Joint Venture

NEW YORK, NY - February 11, 2013 - (RealEstateRama) -- TIAA-CREF, a leading financial services provider, today announced a joint venture with Norges Bank Investment Management (NBIM), manager of the Norwegian Government Pension Fund Global, to invest in high-quality office properties in Boston, New York and Washington. TIAA-CREF owns a 50.1 percent share and will manage the joint venture. NBIM holds the remaining 49.9 percent share.

Free Video Resources for Real Estate Professionals

Costa Mesa, CA - February 7, 2013 - (RealEstateRama) -- Benutech, Inc. invites the real estate community to ReboReports.com, an online resource which presents new informational and educational videos targeted to a variety of professionals within the industry.

Bellwether Enterprise Announces More Than $1.5 Billion in 2012 Production

SAN DIEGO - February 7, 2013 - (RealEstateRama) -- Bellwether Enterprise Real Estate Capital, LLC (Bellwether Enterprise), the multifamily and commercial banking subsidiary of Enterprise Community Investment, Inc. (Enterprise), today announced it provided more than $1.5 billion in financing in 2012, including $1.2 billion since Bellwether Real Estate Capital merged with Enterprise’s Multifamily Mortgage Finance business in May of 2012. The breakdown by property type for all of 2012 is as follows:

Best Housing Markets Named in 2013

WASHINGTON, D.C. - February 6, 2013 - (RealEstateRama) -- The best housing markets in 2013 have been named by Money Journal , which provides expert financial insight on stocks, bonds, real estate and all sorts of investments.

NAREE Issues Call for Entries for Real Estate Journalism Competition

BOCA RATON, FL - February 6, 2013 - (RealEstateRama) -- The deadline is fast approaching for the National Association of Real Estate Editors' 63rd Annual NAREE Journalism Competition for real estate and home and design writers and editors.The entry deadline is March 1, 2013, for work published or aired in 2012.

Northern California Real Estate Investor Agrees to Plead Guilty to Bid Rigging at Public...

WASHINGTON, DC - February 5, 2013 - (RealEstateRama) -- A Northern California real estate investor has agreed to plead guilty for his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California, the Department of Justice announced

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