Yearly Archives: 2011
UNITEDHEALTH GROUP AND ENTERPRISE COMMUNITY INVESTMENT LAUNCH $50 MILLION AFFORDABLE HOUSING INVESTMENT PROGRAM
SANTA FE, N.M. - December 8, 2011 - (RealEstateRama) -- UnitedHealth Group today announced an innovative partnership with Enterprise Community Investment, Inc. (Enterprise), a national leader in the affordable housing and community development industry, to provide up to $50 million to finance affordable-housing projects in targeted communities throughout the United States.
We Can’t Wait: President Obama Announces Nearly $4 Billion Investment in Energy Upgrades to...
WASHINGTON, DC - December 8, 2011 - (RealEstateRama) -- President Obama today announced nearly $4 billion in combined federal and private sector energy upgrades to buildings over the next 2 years. These investments will save billions in energy costs, promote energy independence, and, according to independent estimates, create tens of thousands of jobs in the hard-hit construction sector.
U.S. Green Building Council Welcomes New Board Directors
Washington, DC - December 8, 2011 - (RealEstateRama) -- The U.S. Green Building Council (USGBC) has announced the newly elected officers and new directors to its 2012 Board of Directors. At elections that closed in November, USGBC’s membership elected the following individuals to serve as directors
Changes in tax relief programs in effect; new deadline for tax appeals
L?HU„E, HI - December 8, 2011 - (RealEstateRama) -- County officials announced that changes in two of the county?s real property tax relief programs – the Circuit Breaker and Home Exemption programs – are now in effect.
Square Footage of LEED-Certified Existing Buildings Surpasses New Construction
Washington, DC - December 8, 2011 - (RealEstateRama) -- LEED-certified existing buildings are outpacing their newly built counterparts, according to the U.S. Green Building Council (USGBC). As of this month, square footage of LEED-certified existing buildings surpassed LEED-certified new construction by 15 million square feet on a cumulative basis.
Nixon Peabody Partner Honored for Commitment to Affordable Housing Industry; Partner John Kelly Honored...
New York, NY - December 8, 2011 - (RealEstateRama) -- At the New York Housing Conference (NYHC) and the National Housing Conference (NHC) 38th Annual Awards Program, Nixon Peabody partner John L. Kelly was among the national and local affordable housin...
Alaska Housing Finance Corporation Celebrates 40th Anniversary
ANCHORAGE, AK - December 8, 2011 - (RealEstateRama) -- The state's official housing authority, Alaska Housing Finance Corporation (AHFC), is celebrating its 40th anniversary this year, marking a four-decade evolution built on a mission that includes pr...
VOIT REAL ESTATE SERVICES EXPANDS PRESENCE IN LAS VEGAS MARKET
LAS VEGAS, NV - December 8, 2011 - (RealEstateRama) -- Voit Real Estate Services has announced that based on the firm’s increasing number of Las Vegas team members, as well as its increasing number of brokerage, property management and asset manageme...
244,247-SF OFFICE PARK TRADES IN DELRAY BEACH
Delray Beach, FL - December 8, 2011 - (RealEstateRama) -- CBRE announced today the sale of The Arbors Office Park at 1615, 1625 & 1690 South Congress Avenue in Delray Beach to RexxHall Realty. LLC. The three-building office park totals 244,247 ren...
Obama Administration Releases November Housing Scorecard
WASHINGTON, DC - December 8, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the November edition of the Obama Administration's Housing Scorecard – a comprehensive report on the nation’s housing market. Included in this month’s report are detailed assessments for the 10 largest mortgage servicers participating in the Making Home Affordable Program with results from the third quarter of 2011. In addition to providing greater transparency about servicer performance in the program, the servicer assessments – first introduced in June 2011 and published quarterly – are intended to set a new industry benchmark for disclosure around servicer efforts to assist struggling homeowners, while prompting them to correct identified deficiencies.
New Jersey Leads Nation in Highest Average Mortgage Down Payment According to LendingTree.com
Charlotte, NC - December 8, 2011 - (RealEstateRama) -- With the housing market continuing to struggle and fewer consumers being able to purchase a new home or apartment, LendingTree.com, the nation’s leading online lender exchange and personal financ...
THE ISLES OF GATEWAY APARTMENT COMMUNITY SOLD FOR $16.82 MILLION
St. Petersburg, FL - December 8, 2011 - (RealEstateRama) -- CBRE announced today the sale of The Isles of Gateway, a 212-unit apartment community located in St. Petersburg’s Gateway submarket. Located at 10600 Fourth Street North, The Isles of Gatewa...
MBA Urges FHFA to Maintain Current Servicer Compensation Model
WASHINGTON, DC - December 8, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today filed a comment letter with the Federal Housing Finance Agency (FHFA) in response to its "Alternative Mortgage Servicing Compensation Discussion Paper," a September proposal to overhaul the mortgage servicing compensation system that has the potential to dramatically change residential servicing, origination, and secondary market operations.
ADDRESSABLE DIMMING CONTROLS HELP BUILDINGS ACHIEVE LEED POINTS
DANVERS, MA - December 8, 2011 - (RealEstateRama) -- With today’s broad awareness that green buildings offer lower operating costs, increased value and improved ROI, the U.S. Green Building Council’s LEED® (Leadership in Energy and Environmental D...
MBA: Third Quarter Mortgage Banker Production Profits Improved with Higher Origination Volumes and Favorable...
WASHINGTON, DC - December 8, 2011 - (RealEstateRama) -- Independent mortgage banks and subsidiaries made an average profit of $1,263 on each loan they originated in the third quarter of 2011, up from $575 per loan in the second quarter of 2011, according to the Mortgage Bankers Association’s (MBA) Third Quarter 2011 Mortgage Bankers Performance Report released today.
DUMBO’S KIRKMAN LOFTS UNVEILS PENTHOUSE HOMES
NEW YORK, NY - December 8, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today announced that, after much anticipation, four penthouses at Kirkman Lofts have been released on the market.
Regus Leases More Than 50,000 Square Feet At W&H’s 112 West 34th Street
NEW YORK CITY, NY - December 8, 2011 - (RealEstateRama) -- Regus, the world’s largest provider of flexible workplaces, has leased two full floors totaling 52,274 square feet at W&H Properties’ 112 West 34th Street, announces Anthony Malkin, pr...
Two Master-Planned Communities Outside of Atlanta Hope to Boost Development with Online Auction
Newport Beach, CA - December 8, 2011 - (RealEstateRama) -- In the suburbs about 25 miles outside of Atlanta sit two promising residential developments with an opportunity that many homebuilders, developers and real estate investors are finding difficul...
NeighborWorks Training Institute Welcomes Government Leaders
Washington, DC - December 8, 2011 - (RealEstateRama) -- Local and state housing and community economic development managers from around the U.S. are coming to Washington to take classes at the NeighborWorks Training Institute (NTI), one of the largest gatherings of community development professionals in the U.S. annually.
Index Shows Continued Improvement for Apartment and Condominium Market
WASHINGTON, D.C. - December 8, 2011 - (RealEstateRama) -- The Multifamily Production Index (MPI), a leading indicator for the multifamily market, released by the National Association of Home Builders (NAHB) today showed continued improvement for the fifth consecutive quarter for the apartment and condominium housing market.