Monthly Archives: July 2011

Torrance, CA - July 19, 2011 - (RealEstateRama) -- Thomas Bryant and Richard Bryant from the Atlanta office of Lee & Associates, the nation’s largest broker-owned commercial real estate services firm, have completed a lease worth in excess of $1.1 million for an industrial property in Suwanee, Georgia. They were able to achieve this within four months of taking the assignment.

WASHINGTON, DC - July 19, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the Commonwealth of Puerto Rico and provide support to homeowners and low-income renters forced from their homes following severe storms, flooding, mudslides, and landslides in May and June.

Singapore - July 19, 2011 - (RealEstateRama) -- British comedian and Hollywood actor Steve Coogan won’t need to stay at the local Travel Tavern like his comedy alter-ego ‘Alan Partridge’. He is now the proud new owner of Ovingdean Grange near B...

SAN FRANCISCO, CA - July 19, 2011 - (RealEstateRama) -- PCCP, LLC provided a senior participating loan to Basin Street Properties to finance the REO acquisition of Sequoia Center, a three-building Class A office property totaling 210,000 square feet. The buildings are located within the desirable Redwood Business Park, a 1.1 million square-foot master-planned business park in Petaluma, Calif. Sequoia Center was vacant at the close of escrow, however a 96,000-square-foot lease has been signed with Enphase Energy which will bring the occupancy up to 46 percent by the end of 2011. The property includes a three-story building built in 1998 located at 1400 North McDowell Blvd., a three-story building built in 2000 located at 1420 North McDowell Blvd., and a four-story building built in 1999 located at 5341 Old Redwood Hwy.

WASHINGTON, D.C. - July 19, 2011 - (RealEstateRama) -- The majority of those surveyed would squat in a vacant home if things got so bad economically they were forced to do so, according to a new Housing Predictor opinion poll

Pleasanton, CA - July 19, 2011 - (RealEstateRama) -- The HGA Architects and Engineers-designed Pediatric Clinic at Axis Community Health Center in Pleasanton, Calif., announces its official opening to the Tri-Valley community. By providing full architectural and structural engineering services, HGA’s expansion at the 3,000-SF center helped upgrade the pediatric clinic to a more functional facility and included two new exam rooms, a testing room, a lab, an office and a reception station.

Columbia, MO - July 19, 2011 - (RealEstateRama) -- Mitigation experts from the Federal Emergency Management Agency (FEMA) will be in Kennett to offer free rebuilding information and answer questions about how to strengthen property against future st...

Washington, DC - July 19, 2011 - (RealEstateRama) -- Stability in the housing market will lead to a quicker and greater economic recovery, according to the National Association of Realtors®. In a letter to Shaun Donovan, secretary of Housing and Urban Development; Timothy Geithner, secretary of the Treasury; and Gene Sperling, director of the National Economic Council, NAR offered its recommendations for helping stabilize and revitalize the housing industry and economy.

WASHINGTON, D.C. - July 19, 2011 - (RealEstateRama) -- Nationwide housing starts rose 14.6 percent to a seasonally adjusted annual rate of 629,000 units in June, according to figures released by the U.S. Commerce Department today. This was the best pace of housing production since the beginning of the year, and was attributable to significant gains registered in both the single-family and multifamily segments as well as every region of the country."Today's numbers are an encouraging sign that builders are responding to improving consumer interest in new homes and apartments by gradually replenishing their extremely thin inventories in places where demand is evident," said Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev. "That said, the lack of access to construction credit remains an impediment to starting new projects and getting building crews back to work in markets that are improving."

COLUMBIA, MO - July 19, 2011 - (RealEstateRama) -- Missourians who suffered damage or loss from the severe storms, tornadoes and flooding and received a disaster loan application from the U.S. Small Business Administration (SBA) are urged to complete and return the application by the July 29, 2011 deadline.

San Francisco, CA - July 19, 2011 - (RealEstateRama) -- Redfin today released Redfin for Android, a map-driven real estate search application for mobile devices using Google's Android operating system.

EUGENE, OR - July 19, 2011 - (RealEstateRama) -- Broker Arian Adorno and IDX, Inc. have teamed up to revolutionize the way New Age Properties home seekers search for homes online with a custom IDX solution. IDX Broker software is synced to the search page Adorno hosts, creating a dynamic database of Greater Miami (RAMBMLS) homes. Adorno's Sobe cleints can now easily and quickly experience a comprehensive online real estate search without ever having to leave the convenience of his IDX-enabled website.

Reston, VA - July 18, 2011 - (RealEstateRama) -- Another ruling from the U.S. District Court in the Eastern District of Michigan Southern Division declined to reconsider a non-judicial foreclosure initiated by Mortgage Electronic Registration Systems, Inc. (MERS), as mortgagee, underscoring former borrowers’ lack of standing under Michigan law to challenge a foreclosure after the statutory redemption period has expired, further limiting the applicability of the Michigan Court of Appeals’ decision in Residential Funding v. Saurman/Bank of New York Trust v. Messner (“Saurman”).

JAMAICA,NY - July 18, 2011 - (RealEstateRama) -- Congressman Gregory W. Meeks (NY-6), senior member of the Financial Services Committee and House Foreign Affairs Committee, along with community organizations, including Neighborhood Works America, will hold a press conference on Monday, July 18, 11:00 am to urge eligible homeowners to act quickly to apply for the U.S. Department of Housing and Urban Development (HUD) Emergency Homeowners’ Loan Program (EHLP). Congressman Meeks will be joined by Adolfo Carrion, HUD Regional Administrator, Region II. Mr. Carrion is a former Bronx Borough President and director of the White House Office on Urban Policy.

AUSTIN, TX - July 18, 2011 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) today announced a series of major funding awards designed to help homeless Texans secure permanent housing and strive toward self-sufficiency, bringing greater stability to individuals and the communities in which they live.TDHCA awarded a total of $4.9 million in federal funds to 44 nonprofit organizations renovating or converting buildings for use as emergency shelters, as well as to help provide an array of essential services to homeless individuals.

Olympia, WA - July 18, 2011 - (RealEstateRama) -- The Washington State Foreclosure Fairness Act Mediation Program begins Friday, July 22. The program, a result of bipartisan legislation (SSHB1362, Chapter 58, Laws of 2011) during the 2011 session, make...

TRENTON, NJ - July 18, 2011 - (RealEstateRama) -- Attorney General Paula T. Dow and Criminal Justice Director Stephen J. Taylor announced that a Paulsboro woman who formerly worked as a local administrator of the New Jersey Home Energy Assistance (HEA) Program was sentenced to state prison today for defrauding the program of more than $20,000 by filing false applications to obtain benefits. In addition, a second former local administrator of the program pleaded guilty today to stealing over $40,000 in program benefits through the submission of fraudulent benefit applications.

WASHINGTON, DC - July 18, 2011 - (RealEstateRama) -- U.S. Senator Tom Udall (D-NM) today urged New Mexicans who are at risk of foreclosure to take advantage of a new federal program that has made more than $10 million available in interest-free, for...

EUGENE, OR - July 18, 2011 - (RealEstateRama) -- IDX, Inc. is pleased to welcome the real estate expertise of Anthony Rueda & Associates of Paragon Real Estate to the growing network of realty professionals dedicated to serving the needs of their clients. Home seekers in Sacramento can now experience a dynamic online real estate search conveniently on the Paragon Real Estate. Metrolist property listings are now fully integrated onto Rueda's search pages, giving potential buyers a comprehensive database to search through. Finding a home in and around Sacramento, California has never been so easy!

EUGENE, OR - July 18, 2011 - (RealEstateRama) -- IDX, Inc. and Broker Anthony Castro have joined forces to present Portland, Oregon home seekers with a unique and informative online real estate search page and website. Castro has adopted IDX Broker sof...