RealEstateRama

WASHINGTON, DC - September 27, 2011 - (RealEstateRama) -- The mayors of Kansas City, Oakland, Providence and Tampa, plus 12 additional local land use leaders from these cities, have been selected as the 2011-2012 class of fellows for the Urban Land Institute (ULI)

Washington, DC - September 27, 2011 - (RealEstateRama) -- The Corporation for National and Community Service today announced Nonprofit Capacity Building Program grants totaling $998,000 to increase the capacity of nonprofits to improve lives in communities facing economic hardships

NEW YORK CITY, NY - September 27, 2011 - (RealEstateRama) -- Tenants of W&H Properties’ One Grand Central Place and Grand Central Terminal commuters will soon enjoy another amenity – the restaurant/café Pantries, announces Anthony E. Malkin, p...

BOSTON, MA - September 26, 2011 - (RealEstateRama) -- The owner and landlord of a Cambridge apartment building has been sued for violating state anti-discrimination, lead paint, consumer protection, and housing laws, Attorney General Martha Coakley ann...

ALBUQUERQUE, NM - September 26, 2011 - (RealEstateRama) -- United States Attorney Kenneth J. Gonzales announced that, on September 13, 2011, a United States District Judge sentenced Albuquerque real estate agent Kevin Powers, 51, to a 56-month term of ...

Newtown Square, Pa - September 26, 2011 - (RealEstateRama) -- Balfour Beatty Communities, LLC announced today that its Fort Leonard Wood military housing public-private partnership (PPP or P3) project within the U.S. Department of the Army’s Residential Communities Initiative (RCI) Program will begin a redevelopment phase covering the new construction of 160 duplex homes at Fort Leonard Wood. Balfour Beatty Communities will oversee the design, construction, and overall management, maintenance and operational responsibilities for the housing units, which are expected to be completed in 2013

WASHINGTON, DC - September 26, 2011 - (RealEstateRama) -- A Las Vegas woman pleaded guilty today for her role in a scheme to fraudulently gain control of condominium homeowners’ associations (HOA) in the Las Vegas area so that the HOAs would direct business to a certain law firm and construction company, announced Assistant Attorney General Lanny A. Breuer of the Criminal Division, Special Agent in Charge Kevin Favreau of the FBI Las Vegas Field Office, Sheriff Doug Gillespie of the Las Vegas Metropolitan Police Department and Special Agent in Charge Paul Camacho of the Internal Revenue Service-Criminal Investigation (IRS-CI)

KANSAS CITY, KS - September 26, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development awarded the city of El Dorado a $500,000 grant today that will allow the city and its local partners to include affordable housing as it revitalizes its historic central business district or “Main Street.”

September 23, 2011 - (RealEstateRama) -- Lila Delman Real Estate announced the sale Wednesday of “Daybreak”, a waterfront estate in Jamestown, for $6,400,000. The property was listed by Lila Delman Real Estate REALTOR® associate Cynthia Moretti. This is the highest sale in Rhode Islandthis year. Year to date there have been five sales in the state of Rhode Islandover $4,000,000; Lila Delman Real Estate has participated in 4 of the top 5 sales, making this the fifth year in a row LDRE has achieved the highest sale in the state.

WASHINGTON, DC - September 22, 2011 - (RealEstateRama) -- Exemplary achievements in workforce housing – by an individual, the development community and public policy makers -- are being celebrated tonight by the Urban Land Institute (ULI) Terwilliger Center for Workforce Housing at its prestigious ULI Terwilliger Center Workforce Housing Awards Gala in Washington, D.C. Headlining the event is a tribute to legendary housing leader Henry G. Cisneros, former secretary of the U.S. Department of Housing and Urban Development (HUD), who is currently executive chairman of CityView in Los Angeles.

WASHINGTON, D.C. - September 22, 2011 - (RealEstateRama) -- The Federal Financial Institutions Examination Council (FFIEC) 1 today announced the availability of data on mortgage lending transactions at 7,923 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA). Covered institutions include banks, savings associations, credit unions, and mortgage companies. The HMDA data made available today cover 2010 lending activity—applications, originations, purchases of loans, denials, and other actions such as incomplete or withdrawn applications.

Brookfield, Wis. - September 21, 2011 - (RealEstateRama) -- Inlanta Mortgage is proud to announce Executive Vice President Nicholas DelTorto has been elected to the Wisconsin Mortgage Bankers Association Board of Directors. DelTorto will serve as the board treasurer and assist with all financial decisions, including the budget.

NEW YORK and Chicago - September 21, 2011 - (RealEstateRama) -- Morgan Stanley (NYSE: MS) and National Equity Fund (NEF) today announced that they are expanding the Rebuilding Local Economies Fund, established earlier this year, to additional states that were severely impacted by Hurricane Irene

WASHINGTON, D.C. - September 21, 2011 - (RealEstateRama) -- On Wednesday, September 21, U.S. Assistant Secretary of Labor William Spriggs will deliver the keynote address at an event honoring Congressman Barney Frank (D-MA), the U.S. Human Rights Fund, DLA Piper, and Rob Robinson for their extraordinary work to end homelessness. The 13th Annual McKinney-Vento Awards, hosted by the National Law Center on Homelessness & Poverty (NLCHP), will be held at the L'Enfant Plaza Hotel ballroom in Washington, DC. A reception will begin at 6 p.m. The program will begin at 7:20 p.m.

THIRD QUARTER 2011 UPDATE - September 19, 2011 - (RealEstateRama) -- HomeVestors of America, Inc., known as the “We Buy Ugly Houses®” company, and Local Market Monitor, Inc., a leading forecaster of real estate markets, today released the Third Quarter 2011 update of the “HomeVestors-Local Market Monitor Best Markets to Invest in Rental Property” ranking that was initially published in July. The ranking is intended to help inform real estate investors of current rental property investment opportunities based on their potential future relative returns. The ranking is updated quarterly.

WASHINGTON, DC - September 19, 2011 - (RealEstateRama) -- The economy appears to be on a cusp, flirting with another economic downturn after more than two years of tepid recovery from the most severe recession in the post World War II era. According to Fannie Mae's (FNMA/OTC) Economics & Mortgage Market Analysis Group, the recovery's fragility makes it vulnerable to any additional shocks that might cause the economy to slip back into a recession. Possible shocks include a deepening of the financial turmoil in Europe; a dramatic slowdown in emerging economies, especially China; and renewed unrest in the Middle East that could send oil prices surging again. The forecast calls for continued sluggish growth at below 2 percent throughout 2012 — not enough to bring down the unemployment rate, which the Group expects to remain above 9 percent through most of next year.

CHICAGO, IL - September 16, 2011 - (RealEstateRama) -- Leading Real Estate Companies of the World (LeadingRE) has joined forces with Martha Webb to bring her Certified Home Marketing Specialist course to its network of 550 firms with 140,000 sales associates. The course is offered through LeadingRE’s exclusive learning management platform, Institute 2.0, with special pricing available for members.

WASHINGTON, DC - September 15, 2011 - (RealEstateRama) -- The Ad Council, in partnership with the U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development (HUD), have joined together to launch a new phase of their Foreclosure Prevention Assistance Public Service Advertising (PSA) Campaign. The campaign aims to increase awareness of the Making Home Affordable® Program’s free resources and assistance for homeowners who are struggling with their mortgage payments.

WASHINGTON, DC - September 14, 2011 - (RealEstateRama) -- Today, Senate Banking Committee Chairman Tim Johnson (D-SD) held a hearing to discuss housing finance focusing on the role of a government guarantee, as well as the benefits and risks to taxpayers. This is the tenth in a series of hearings the Committee has been holding related to housing finance reform

Trenton, NJ - September 14, 2011 - (RealEstateRama) -- Dozens of union members and community supporters rallied Tuesday afternoon outside the landmark Glenpointe Office Centre to protest the firing of 18 hard-working office cleaners. The cleaners, some of whom had been working at the building for years, were abruptly fired effective September 1st when building owner Sanzari Enterprises replaced its union cleaning contractor with a non-union contractor that is ironically named Union Building Services (UBS).