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Yearly Archives: 2011

Merit Property Management Hires Kristie Rose, PCAM, CCAM, as Business Unit Leader for the...

Inland Empire, CA - December 1, 2011 - (RealEstateRama) -- Merit Property Management, a FirstService Residential Management company, announces today the hiring of Kristie Rose, PCAM, CCAM, as Business Unit Leader for the Inland Empire region. Rose is n...

Statement of Sen. Carl Levin to the Committee on Banking, Housing and Urban Affairs

December 1, 2011 - (RealEstateRama) -- Today’s hearing is intended to examine several bills that are now being characterized as small business “jobs” or “capital access” bills. Each of these bills is designed to address a perceived challen...

Colliers International Sells Two Properties for $2.425 Million in Los Angeles

Los Angeles, CA - December 1, 2011 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has completed two property sales in Los Angeles totaling $2,425,000. Tony Phu, Senior Vice President, and Jeffr...

SIGTARP, CFPB, and Treasury Form Joint Task Force to Combat HAMP Mortgage Modification Scams;...

WASHINGTON, DC - December 1, 2011 - (RealEstateRama) -- The Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), the Consumer Financial Protection Bureau (CFPB), and the U.S. Department of the Treasury today announced the creation of a joint task force to combat scams targeted at homeowners seeking to apply for the Home Affordable Modification Program (HAMP). SIGTARP, the CFPB, and Treasury have partnered to protect taxpayers by investigating and shutting down these scams and by providing education programs to vulnerable homeowners. The joint task force today issued a consumer fraud alert to protect homeowners from HAMP-related mortgage modification scams. The fraud alert will also be provided directly to homeowners eligible for HAMP.

CONSTRUCTION SPENDING INCREASES FOR THIRD STRAIGHT MONTH IN OCTOBER; HOMEBUILDING, PRIVATE NONRESIDENTIAL SEGMENTS RISE,...

WASHINGTON, D.C. - December 1, 2011 - (RealEstateRama) -- Construction spending increased for the third straight month in October as private activity strengthened while public spending shrank, the Associated General Contractors of America reported today in an analysis of new Census Bureau data. Association officials cautioned that further declines in public sector activity may soon swamp gains in homebuilding and private nonresidential investment.

Royce on FHA and the Potential Bailout

Washington, DC - December 1, 2011 - (RealEstateRama) -- At today’s House Financial Services Committee hearing to evaluate the financial health of the Federal Housing Administration (FHA), Rep. Ed Royce (R-CA), a senior member of the House Financial...

Congressman Gary Miller Meets with HUD Secretary Donovan and FHA Commissioner Galante to Discuss...

Washington, DC - December 1, 2011 - (RealEstateRama) -- This morning, the House Financial Services Committee held a hearing on the health of the Federal Housing Administration (FHA) Insurance Fund. Prior to this morning’s hearing, Congressman Gary Mi...

PEP HOUSING LEADS GREEN BUILDING FOR AFFORDABLE SENIOR HOUSING

Petaluma, CA - December 1, 2011 - (RealEstateRama) -- HydroPoint Data Systems, Inc., The Proven Leader in Smart Water Management announced today its customer PEP Housing has reduced outdoor water consumption by 40 percent with WeatherTRAK Smart Irrigat...

Housing Funds Awarded to Villages to Help Improve Retention of Professionals

ANCHORAGE, AK - December 1, 2011 - (RealEstateRama) -- Wednesday, November 30, 2011 - Alaska Housing Finance Corporation (AHFC) announced its intent to award $7.5 million to 10 villages statewide as part of its 2012 efforts to help rural communities re...

U.S. REP. GABRIELLE GIFFORDS’ OFFICE TAKES NEW STEPS TO HELP CONSTITUENTS FACING FORECLOSURE

TUCSON, AZ - December 1, 2011 - (RealEstateRama) -- The office of U.S. Rep. Gabrielle Giffords is taking aggressive new steps to protect the homes of Southern Arizonans who are facing the loss of their homes through foreclosure.

Apartment Insurance Costs Increase For First Time In Four Years According To National Multi...

WASHINGTON, DC - December 1, 2011 - (RealEstateRama) -- The cost to insure apartments rose slightly in 2011, the first time in four years, according to the National Multi Housing Council's annual Apartment Cost of Risk Survey (ACORS).

HUD OFFERS $114 MILLION IN GRANTS TO CLEAN UP LEAD AND OTHER HOUSING-RELATED HEALTH...

WASHINGTON, DC - December 1, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today announced that it is making approximately $114 million in grants available to help eliminate dangerous lead-based paint hazards from lower income homes in order to protect young children from lead poisining; help local communities set up programs to control other housing health and safety hazards; and conduct research on improving control methods.

HUD OFFERS MORE THAN $40 MILLION IN GRANTS FOR HOUSING COUNSELING

WASHINGTON, DC - December 1, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today announced that more than $40 million is available for a broad range of housing counseling programs to help families find and preserve housing. These grants will be awarded competitively to hundreds of HUD-approved counseling agencies and State Housing Finance Agencies across the nation that offer a variety of services including how to avoid foreclosure, how to avoid mortgage scams, how to purchase or rent a home, how to improve credit scores, and how to qualify for a reverse mortgage.

NEW YORK CITY OFFICE CLEANERS TO HOLD STRIKE VOTE

New York, NY - December 1, 2011 - (RealEstateRama) -- Thousands of New York City commercial office cleaners will vote Thursday to authorize their bargaining committee to call a strike if necessary. Failure to reach a new contract by midnight, January 1...

Freddie Mac to Suspend Evictions From December 19 to January 2, 2012

MCLEAN, VA - December 1, 2011 - (RealEstateRama) -- Freddie Mac (FMCC.OB) today announced it has ordered all evictions involving foreclosed occupied single family and 2-4 unit properties that had Freddie Mac mortgages to be suspended from December 19, 2011 to January 2, 2012.

CUSHMAN & WAKEFIELD BROKERS LEASE WITH ACTIVU IN ROCKAWAY, N.J.

ROCKAWAY, N.J. - November 30, 2011 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. has orchestrated a 24,000-square-foot headquarters lease with Activu Corporation at 301 Roundhill Drive in Rockaway. Robert Do...

Acting Governor Kim Guadagno Announces $1.36 Million to State’s FoodBanks During Holiday Season

Trenton, NJ - November 30, 2011 - (RealEstateRama) -- Acting Governor Kim Guadagno today, joined by Agriculture Secretary Douglas H. Fisher and Health and Senior Services Commissioner Mary O’Dowd, announced $1,363,600 in funding for the state’s six...

Heinrich Applauds Progress On New Tribal Land Rules To Expedite Home Building And Energy...

WASHINGTON, D.C. - November 30, 2011 - (RealEstateRama) -- U.S Rep. Martin Heinrich (NM-1) applauds the Department of the Interior for proposing arule to modify regulations governing the Bureau of Indian Affairs’ (BIA) process for approving the lease...

RAB ADVISES COMMERCIAL BUILDING OWNERS TO PREPARE IN THE EVENT OF A COMMERCIAL BUILDING...

New York, NY - November 30, 2011 - (RealEstateRama) -- The Realty Advisory Board on Labor Relations (RAB) today advised its members to take the necessary steps to prepare for the possibility of a strike by SEIU Local 32BJ, the union representing commercial building service workers, after the Commercial Building Agreement’s expiration. As part of that preparation, the RAB today distributed to its members a comprehensive Preparedness Manual with information on how to minimize operational disruptions should a strike occur.

State Housing Authority Announces MSHDA and Federal Grants to Help House Homeless in Barry...

LANSING, MI - November 30, 2011 - (RealEstateRama) -- Executive Director Gary Heidel of the Michigan State Housing Development Authority (MSHDA) today announced funding for Barry County United Way in the amount of $38,913 through its Emergency Solution...

Business Real Estate Press Releases

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Ocusell Partners with Restb.ai to Enhance FMLS Listings with Built-In AI

Ocusell, a leading proptech innovator, today announced a strategic partnership with Restb.ai, the real estate industry’s leader in AI-powered computer vision technology. This

Recent Gov & Nonprofit Real Estate Press Releases

Rep. Judy Chu Hosts Wildfire Housing Roundtable and Press Conference

Rep. Judy Chu (CA-28) hosted a wildfire recovery housing roundtable and press conference to address the housing needs of survivors displaced by January’s devastating Eaton Fire. The roundtable brought together local nonprofits, housing advocates, and government officials from every level to discuss obstacles her constituents are facing in finding stable, affordable housing in their own communities.