Archives

NEW YORK, NY - May 24, 2011 - (RealEstateRama) -- On behalf of Morgans Hotel Group, Jones Lang LaSalle Hotels today announced the sale of the Morgans and Royalton Hotels in New York. FelCor Lodging Trust purchased the two hotels for $140 million. Leading the Jones Lang LaSalle Hotels team on this transaction was Executive Vice President Jeffrey Davis with Vice President Gilda Perez-Alvarado.

San Francisco, CA - May 24, 2011 - (RealEstateRama) -- Oliver Burgelman, long-time agent at Zephyr Real Estate, has created a new web tool to demonstrate how the real estate market in San Francisco is trending. The website, allows viewers to instantly see on a San Francisco map whether the average price per square foot is increasing or decreasing. This unique market-trends tool shows properties currently available for sale in all of San Francisco, or by one of the 10 MLS districts, by neighborhood or by a customized “price square” of the viewer’s choosing.

WASHINGTON, D.C - May 24, 2011 - (RealEstateRama) -- “Today’s report shows that the banking industry continues to gain strength. For a year now, asset quality has steadily improved, loan losses have declined, and capital is at record highs. This forward momentum helps solidify the base for making new loans to bolster growth in the expanding economy. “Banks added nearly $25 billion in equity capital during the first quarter and total industry capital is now more than $1.5 trillion. Banks also have set aside more than $218 billion in reserves to cover possible loan losses. Capital plus reserves gives a total buffer protecting the industry of more than $1.7 trillion. This demonstrates strong industry-wide improvement and a continued build-up of underlying strength. In addition, the industry capital-to-assets ratio – a key measure of financial strength – continues to remain very strong and ended the quarter at an all-time high.

Scottsdale, AZ - May 24, 2011 - (RealEstateRama) -- A mere eight weeks after opening two model homes at The Village at Paradise Reserve, Cullum Homes is proud to announce that Phase One of the luxury new home community just west of 40th Street on Lincoln Drive near Paradise Valley has sold out. Two homes in Phase Two have also been sold.

Torrance, CA - May 24, 2011 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker-owned commercial real estate services firm, closed the $1.8 million sale of a 22,400-square-foot industrial property at 5217 Industry Ave., in Pico Rivera, Calif. Senior Vice Presidents Jeff Bethel of Lee & Associates’ City of Industry office and Peter D. Bacci of Lee & Associates-Central Los Angeles represented both the buyer and seller in the transaction. Daniels Western Meat Packers, Inc., a meat and food products supplier since 1953, purchased the property in an all cash deal from Burke & McCoy Family Trusts.

EUGENE, OR - May 24, 2011 - (RealEstateRama) -- IDX, Inc. is pleased to welcome Wilmington, North Carolina real estate agent Tricia Delp to the growing network of agents and brokers that have chosen to integrate the innovative IDX Broker software onto their website. Delp now supplies thousands of Wilmington Regional MLS (WRARMLS) listings to area home seekers, giving them a unique and thorough database of listings for them to utilize throughout their search. With the dynamic search page Delp now hosts, as well as the IDX Broker application for iPhone, her clients are always connected to the easily accessible database on the website of Delp. Never again will a Wilmington buyer experience a complicated or time-consuming online real estate search, when they work with Delp and her professional website

CHICAGO, IL - May 23, 2011 - (RealEstateRama) -- For the fourth consecutive time, Jones Lang LaSalle (NYSE: JLL) has been recognized as the best overall provider of corporate real estate services by the Watkins 2011 Survey of Corporate Real Estate Service Providers. Of the 23 providers evaluated by the largest users of commercial real estate services, Jones Lang LaSalle was rated #1 overall and in several key categories, including use of cutting-edge technology, financial strength, reputation, and geographic scope.

Brookfield, WI - May 23, 2011 - (RealEstateRama) -- Inlanta Mortgage is proud to announce Mid America Mortgage Services, of Overland Park, Kan., has merged its operations with Inlanta Mortgage. The merger brings Kevin & Cindy Laffey to Inlanta with more than 20 years of experience, along with a highly experienced team of mortgage professionals. Laffey and his team have ranked in the top of the Business Journal’s “Top 25” in Kansas City

Boston, MA - May 23, 2011 - (RealEstateRama) -- Northwest Community Management, a division of The Management Trust, is one of the leading community management companies serving the Portland Metro area. Hundreds of community associations throughout the region acknowledge both our professional service and outstanding dedication to community management. This unique prestige is accompanied by a commitment to provide the communities we serve with the highest level of advisory services - which is powered by an experienced and trusted staff

Raleigh, NC - May 23, 2011 - (RealEstateRama) -- For the 3rd consecutive year in a row Rupert Bryan has not only won all the top awards in the Coldwell Banker Falls Office, but he is also ranked as one of the Top Agents in the Triangle (#18 Triangle Business Journal Residential Realtor)

May 23, 2011 - (RealEstateRama) -- Property owners consider home improvements for many more reasons in that one of the common reasons is to have the home wonderful look on the occasion for festive season. Another most important reason is improve the safety quotient of the home. A home improvement and Home Remodeling also can be done to increase the comfort level of your home. But, it is possible by hiring professional licensed home improvement contractor because of they had lot experience in their profession.

EDGEWATER, N.J. - May 23, 2011 - (RealEstateRama) -- The Peninsula at City Place’s newest model home was born out of a recently-established partnership between Savanna Partners, developer of the luxury condominium community located along the Hudson Riverfront in Bergen County’s Edgewater, and furniture designer and retailer, BoConcept.

EUGENE, OR - May 23, 2011 - (RealEstateRama) -- The latest real estate professional to adopt the innovative IDX Broker software is William Randolph of Seattle, Washington. IDX, Inc. welcomes Randolph to the growing network of agents and brokers who have chosen to employ a powerful and effective IDX solution onto their professional websites. Northwest MLS (NWMLS) listings are now seamlessly integrated onto the site Randolph hosts, giving his clients a thorough, complete and comprehensive database of properties to search through online.

West Haven, CT - May 23, 2011 - (RealEstateRama) -- So, you have decided now is the time to do that home improvement project. Knowing where to begin can be a daunting task. Tina Chamberland, founder of ConstructionConfidant.Com says the very first So thing that should be done is to consider the purpose and uses of the project. Are you planning these improvements in an effort to sell your home faster? Are they going to be part of a long term plan to remain in the house? These two differences can lead you down two very different paths.

EUGENE, OR - May 23, 2011 - (RealEstateRama) -- IDX, Inc. has teamed with Evelyn Cheme to deliver Northern Virginia property listings to Washington DC area home seekers. Cheme has adopted IDX Broker software, giving her website a thorough database of detailed home listings for potential buyers to search through. As a member of the Metropolitan Regional Information Systems (MRIS), Cheme has long had access to thousands of area listings, once reserved only for agents and brokers. Now, thanks to her IDX solution, clients of Cheme can experience the same level of access to the MRIS database of property listings, without ever leaving the convenience that the real estate website of Cheme affords.

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

MONMOUTH JUNCTION, N.J. - May 23, 2011 - (RealEstateRama) -- Recognizing the growing demand for move-in-ready homes in active adult communities, the developers of The Pointe at Turnbury have outfitted one of their most popular models with $15,000 worth of free upgrades and are offering it as a quick-delivery home at no additional charge.

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.

COLUMBIA, S.C. - May 20, 2011 - (RealEstateRama) -- South Carolina REALTORS® (SCR) was among more than 8,000 Realtors® in Washington, D.C., last week advocating to keep housing first on our nation’s public policy agenda during the National Association of Realtors® 2011 Midyear Legislative Meetings & Trade Expo. SCR members and leadership also met with policymakers on Capitol Hill to address today’s real estate challenges.

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.