Monthly Archives: July 2011
Iowa Finance Authority awards $50,000 State Housing Trust Fund grant to Jasper County Habitat...
Des Moines, IA - July 6, 2011 - (RealEstateRama) -- The Iowa Finance Authority (IFA) Board of Directors today approved a $50,000 grant to Jasper County Habitat for Humanity to assist in the construction of a single-family home in Mingo. The funding is ...
Housing Open House in Amory Will Be One-Stop Source for Rebuilding or Replacing Property...
CLINTON, MS - July 6, 2011 - (RealEstateRama) -- A Housing Open House in Amory Saturday, July 9, from 9 a.m. to 1 p.m. will bring together state government experts in safe rooms, home financing and insurance, along with builders, bankers, realtors a...
2011 CEDIA Future Technology Pavilion to Simulate Home Environment of Tomorrow
INDIANAPOLIS, IN - July 6, 2011 - (RealEstateRama) -- The Custom Electronic Design & Installation Association (CEDIA) has announced details surrounding the 2011 Future Technology Pavilion that will appear on the CEDIA EXPO tradeshow floor.
Gold Max Going For the Gold in Southern California
TUSTIN, CA - July 6, 2011 - (RealEstateRama) -- Gold Max of California announced today they are on track to open 100 Gold Max stores in Southern California within the next year. With more than 150 stores, Gold Max operates the United States’ largest chain of stores specializing in buying gold and precious metals from consumers. Gold Max entered the Southern California market in the fall of 2010 and opened 8 stores. Since retaining Present Value Properties as its exclusive real estate broker for California in early 2011, Gold Max has already opened 6 new stores in Southern California and will soon open 9 more. Currently, Present Value Properties is in negotiations on additional 23 stores for Gold Max in Southern California.
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - July 6, 2011 - (RealEstateRama) -- Mortgage applications decreased 5.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending July 1, 2011
Charles Dunn Company Completes $4.42 Million Sale of an 18-Unit Multifamily Property in Los...
LOS ANGELES, CA - July 6, 2011 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed the $4.42 million sale of an 18-unit multifamily property that was built in 2004 and is located at 817 Wilcox Ave. in Los Angeles.
CUSHMAN & WAKEFIELD TO MARKET FORMER GEN RE HQ IN STAMFORD
STAMFORD, CO - July 6, 2011 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. has been selected to market the former General Reinsurance Corporation headquarters in Stamford for sale. Recognized as the premier office asset in the State of Connecticut, the 560,000-square-foot property is located at 695 East Main Street with frontage and high visibility from I-95.
OCC Newsletter Focuses on National Bank Investments in Solar Energy
WASHINGTON, DC - July 6, 2011 - (RealEstateRama) -- The Office of the Comptroller of the Currency (OCC) today published an online newsletter that provides a guide for national banks seeking to invest in solar energy projects under the national bank public welfare investment authority. The on-line newsletter describes how banks have used the public welfare investment authority to invest in funds and other financing vehicles that are structured to pass-through the benefit from the energy investment tax credit to entities such as schools, universities, hospitals, and Federally- subsidized rental housing developments.
CT REIA July 2011 Real Estate Investing Seminar On Wholesaling And Pre-Foreclosures
West Hartford, CT - July 6, 2011 - (RealEstateRama)
CT REIA, Than Merrill, and Bob Lachance presents:
Wholesale and Pre-Foreclosures (1 day, 2 great speakers)
July 16, 2011. 9:00am - 5:00 pm
Crowne Plaza Hotel. 100 Berlin Road. Cromwell, CT
$29 for CT REIA Members
$39 for Not-Yet-Members
THE FEDERATED COMPANIES AWARDED THE CONTRACT TO PURCHASE LAND IN THE BAYSIDE DEVELOPMENT AREA...
Miami, FL - July 6, 2011 - (RealEstateRama) -- The Federated Companies, a leading national real estate investment and development firm, is pleased to announce that it has been awarded the contract to purchase seven lots of land totaling 3.25 acres in the Bayside Development area of Portland, Maine. The land is located on Somerset and Elm Streets, is currently owned by the City of Portland and received unanimous approval from the City Council of Portland to be sold to The Federated Companies. The Federated Companies' worked diligently to incorporate the city's concept into the master plan for the mixed-use site which includes housing, retail, a medical office, and a public parking structure. The company will continue to develop the master plan and timeline with the city.
NxGen Modular Opens New Corporate Headquarters in San Jose
San Jose, CA - July 5, 2011 - (RealEstateRama) -- NxGen Modular officially opened its new corporate headquarters this week in San Jose, near a number of well-known technology companies such as eBay, PayPal and Symmetricom.
Lake County Launches GO GREEN GET GREEN Rebate Program
TAVARES, FL - July 6, 2011 - (RealEstateRama) -- The Lake County Board of County Commissioners launched today, the GO GREEN GET GREEN energy efficiency rebate program for Lake County small commercial business owners and residents. Participants who GO GREEN by installing energy efficient products can GET GREEN through the new rebate program funded by an Energy Efficiency and Conservation Block Grant (EECBG).
BONNIE BLACK JOINS VHFA AS HOMEOWNERSHIP OUTREACH COORDINATOR
BURLINGTON, VM - July 5, 2011 - (RealEstateRama) -- Executive Director Sarah Carpenter announced Bonnie Black of Essex has joined Vermont Housing Finance Agency (VHFA) as Homeownership Outreach Coordinator.
Black’s real estate and home loan experi...
Governor Cuomo Signs Historic Property Tax Cap Legislation in Erie County
Albany, NY - July 5, 2011 - (RealEstateRama) -- Governor Andrew M. Cuomo today traveled to Erie County to sign New York's first property tax cap. The tax cap, a hallmark of Governor Cuomo's campaign and a priority of his administration's first year, will finally deliver relief to millions of homeowners and business owners across the state who for too long have been burdened by out-of-control property taxes.
Retail Real Estate Veteran Britt Nelson Joins Present Value Properties as Vice President
TUSTIN, CA - July 5, 2011 - (RealEstateRama) -- Gregory A. Fisher of Present Value Properties, Inc., a full service retail real estate brokerage, and consulting firm headquartered in Tustin, Calif., announced today that Britt Nelson, a retail real estate veteran and the former President of NewCity Development, LLC and a consultant to the architectural and engineering, retail, municipal and development segments of the industry, has joined Present Value Properties as Vice President.
JACKIE ORCUTT JOINS CUSHMAN & WAKEFIELD OF ARIZONA AS ASSOCIATE
PHOENIX, AZ - July 5, 2011 - (RealEstateRama) -- Jackie Orcutt has joined the team at Cushman & Wakefield of Arizona, Inc. in Phoenix, as an associate in the commercial real estate services firm’s Industrial Group. Orcutt’s focus includes tenant representation assignments and project leasing, primarily in the Sky Harbor Airport and southeast valley submarkets
MassHousing Closes $106.2 Million in Loans for the Redevelopment of the Charlesview Apartments in...
BOSTON, MA - July 5, 2011 - (RealEstateRama) -- MassHousing announced today that it has closed $106.2 million in loans for the redevelopment of the Charlesview Apartments in Brighton, making the transaction the second-largest in MassHousing’s 45-year history for a single rental housing development.
Connecticut Real Estate Investors Association (CT REIA) Announces July 2011 Weekend Seminar On Wholesaling...
West Hartford, CT - July 5, 2011 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with Than Merrill of A&E’s “Flip This House” and Bob Lachance, is announcing a July 2011 weekend seminar for real estate investors. This seminar will take place on Saturday July 16, 2011, from 9:00 am to 5:00 pm at the Crowne Plaza Hotel, 100 Berlin Road, Cromwell, CT. Admission for this event varies according to ticket type.
Justice Department Settles Fair Housing Lawsuit Against Michigan Mobile Home Operators for Discrimination Against...
WASHINGTON, DC - July 5, 2011 - (RealEstateRama) -- The Justice Department today announced the settlement of a lawsuit alleging that the owner and operators of a Monroe, Mich., mobile home park violated the Fair Housing Act by discriminating against families with children. The case was brought by the Justice Department’s Civil Rights Division and the U.S. Attorney’s Office for the Eastern District of Michigan.
Justice Department Sues Nation’s Largest Mortgage Insurance Provider for Discrimination Against Women on Paid...
WASHINGTON, DC - July 5, 2011 - (RealEstateRama) -- The Justice Department announced today that it has sued the Mortgage Guaranty Insurance Corporation (MGIC), the nation’s largest mortgage insurance company, and two of its underwriters, Elgina Cunningham and Kelly Kane, for violating the Fair Housing Act by discriminating against women on paid maternity leave.