DELAWARE TO ASSIST MANUFACTURED HOMEOWNERS

DOVER, DE - April 16, 2013 - (RealEstateRama) -- It’s a call for help that frequently has had no answer — until now. Many manufactured homeowners have not been eligible to participate in foreclosure prevention programs because their home is technic...
Kennedy Wilson

Kennedy Wilson Acquires 188-Unit Apartment Community in Northern California for $34M

BEVERLY HILLS, CA - April 16, 2013 - (RealEstateRama) -- International real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced the acquisition of Montelena Apartments, a 188-unit multifamily community in Hayward, CA, from a private investment group. The company and its investment partners purchased the property for $34 million, investing $11 million of equity in the transaction (including $6 million from Kennedy Wilson) and placing approximately $27 million of fixed rate financing with Freddie Mac through CBRE Capital Markets at 3.5% for ten years.

$70.1 Million Awarded Through National Foreclosure Mitigation Counseling Program to Help Nearly 193,000 Families

WASHINGTON, D.C. - April 16, 2013 - (RealEstateRama) -- NeighborWorks America today announced that $70.1 million has been awarded to 30 state housing finance agencies (HFAs), 17 HUD-approved housing counseling intermediaries, and 72 community-based NeighborWorks organizations to provide counseling to families and individuals facing the threat of foreclosure. Just one month after the seventh round of National Foreclosure Mitigation Counseling (NFMC) Program funds were appropriated, communities across our country will be able to put the funds to immediate use.

WA Superior Court Recognizes MERS as Agent of Beneficiary

WASHINGTON, D.C. - April 16, 2013 - (RealEstateRama) -- eston, Virginia, April 16, 2013— MERSCORP Holdings, Inc. today announced that Washington Superior Court Judge Bruce I. Weiss recently granted MERS’ and its co-defendant member’s motion for summary judgment, denying a plaintiff’s wrongful foreclosure complaint seeking to set aside a completed trustee sale of his property

Referendum may be derailing right to buy reform, say housing bodies

WASHINGTON, D.C. - April 16, 2013 - (RealEstateRama) -- Reform of the right to buy in Scotland could be derailed by the independence referendum, according to two leading national housing bodies.

Housing Starts Rise on Strength in Multifamily in March

WASHINGTON, D.C. - April 16, 2013 - (RealEstateRama) -- Soaring production of multifamily apartments pushed nationwide housing starts beyond the million-unit mark for the first time since 2008 in March, according to newly released figures from HUD and the U.S. Census Bureau. The data show that total starts activity rose 7.0 percent for the month due entirely to a 31.1 percent increase on the multifamily side, while single-family production slipped 4.8 percent from a number that was revised strongly upward for the previous month

Rising Costs Put Squeeze on Builder Confidence in April

WASHINGTON, D.C. - April 16, 2013 - (RealEstateRama) -- Facing increasing costs for building materials and rising concerns about the supply of developed lots and labor, builders registered less confidence in the market for newly built, single-family homes in April, with a two-point drop to 42 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today.

Attorney General DeWine Announces Indictments in Central Ohio Home Repair Scam that Targets Elderly...

COLUMBUS, OH - April 16, 2013 - (RealEstateRama) -- Ohio Attorney General Mike DeWine stood beside Central Ohio law enforcement officers to announce the indictments of seven people who ripped off elderly victims in Fairfield, Franklin, Pickaway, and Ro...

Turner Joins in Introducing Legislation to Help Homeowners, Revitalize America’s Communities

WASHINGTON, D.C. - April 16, 2013 - (RealEstateRama) -- Congressman Mike Turner (R-OH) today joined in introducing the Revitalize America Act, which seeks to help reinvigorate and reinvest in America’s older industrial cities by freeing up $1.9 billi...

Head Start announces $95 million for Hurricane Sandy recovery

WASHINGTON, D.C. - April 16, 2013 - (RealEstateRama) -- Head Start providers impacted by Hurricane Sandy can now apply for a total of $95 million in recovery aid to help renovate, repair and rebuild damaged Head Start centers. Funds can also be used to temporarily enhance Head Start program services to address the increased social, health and mental health needs of Head Start families impacted by Hurricane Sandy

Home modification, energy efficiency tips allow aging-in-place – presentation on April 24

Vancouver, WA - April 16, 2013 - (RealEstateRama) -- Ideas about home modification, energy efficiency and green building will be topics of a Wednesday, April 24, presentation sponsored by the Commission on Aging.

Housing and Community Development Network of New Jersey (the Network) Addresses State and Federal...

TRENTON - April 16, 2013 - (RealEstateRama) -- Elected officials took advantage of the significance of tax day to announce various tax relief proposals. Following separate announcements by Governor Christie and a bipartisan congressional group, Housing...

Custom IDX solution delivers comprehensive online property search to Texas home seekers

EUGENE, OR - April 16, 2013 - (RealEstateRama) -- Advanced online search features are now available on the Fanning Realty and Company LLC website of real estate broker Holly Fanning. Houston, Texas properties are integrated directly onto the IDX enable...

IDX, Inc. and Broker Joan Severson features Texas properties on Ceda Realty real estate...

EUGENE, OR - April 16, 2013 - (RealEstateRama) -- IDX, Inc. is pleased to announce the latest addition to the growing network of agents and brokers who have chosen to update their professional websites with an IDX solution: Broker Joan Severson. As a M...

Illinois website a one-stop real estate resource with IDX solution employed by Coldwell Banker...

EUGENE, OR - April 16, 2013 - (RealEstateRama) -- Orland Park, Illinois Realtor Mary Jean Andersen has joined forces with IDX, Inc. to create a unique and comprehensive online real estate solution. As a member of the Midwest Real Estate Data (MRED), An...

Business Real Estate Press Releases

Recent Gov & Nonprofit Real Estate Press Releases

USDOJ

Real Estate Attorney Sentenced for Role in Sweeping Mortgage Fraud Conspiracy

A real estate attorney was sentenced today in connection with a sweeping conspiracy to defraud banks and mortgage companies by engaging in sham “short” sales of residential properties in Merrimack Valley.