Yearly Archives: 2011

Philadelphia, PA - December 21, 2011 - (RealEstateRama) -- The Philadelphia Housing Authority has filled two key positions to complete the restaffing of its Office of General Counsel with the hiring of Laurence Redican and Joffie Pittman.

WASHINGTON, D.C. - December 21, 2011 - (RealEstateRama) -- The Department of Justice today filed its largest residential fair lending settlement in history to resolve allegations that Countrywide Financial Corporation and its subsidiaries engaged in a widespread pattern or practice of discrimination against qualified African-American and Hispanic borrowers in their mortgage lending from 2004 through 2008.<

LOS ANGELES, CA - December 21, 2011 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) is distributing a public service announcement (PSA) to television and radio stations across California to warn consumers that they are at risk f...

ROCHESTER, NY - December 21, 2011 - (RealEstateRama) -- U.S. Attorney Anastasios “Taso” Kolokouris, 28, of Avon, N.Y., has been arrested and charged by Criminal Complaint with violating the Clean Air Act asbestos work practice standards involving a...

San Francisco, CA - December 21, 2011 - (RealEstateRama) --Mayor Edwin M. Lee today announced that the U.S. Housing and Urban Development (HUD) has awarded San Francisco $18.9 million in HUD’s Continuum of Care grants to fund a wide variety of progra...

BOLTON, MS - December 21, 2011 - (RealEstateRama) -- Today, United States Representative Bennie G. Thompson (D-MS) announced The United States Department of Housing and Urban Development has awarded FY 2011 Continuum of Care Homeless Assistance awards ...

WASHINGTON, DC - December 21, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today awarded $1.47 billion to renew funding to more than 7,100 local homeless programs operating across the country. The funding announced today will ensure these housing and service programs remain operating in 2012 and are a critical part of the Obama Administration’s strategic plan to prevent and end homelessness.

Des Moines, IA - December 21, 2011 - (RealEstateRama) -- The Iowa Finance Authority Board of Directors recently approved a $50,000 grant to Habitat for Humanity of Marion County, Inc. to assist in the construction of an affordable home for a family in ...

Norwalk, CT - December 21, 2011 - (RealEstateRama) -- The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have announced they will host a series of public roundtable meetings—including one in the United States—to discuss their proposals to improve and converge financial reporting by setting forth consistent criteria for determining whether an entity is an investment company. The U.S. roundtable will also include a discussion about the FASB’s proposed Accounting Standards Update, Real Estate—Investment Property Entities (Topic 973), which develops accounting guidance for entities focused on investing in real estate properties. The roundtables are designed to provide interested stakeholders the opportunity to engage in dialogue with FASB and IASB members and staff about the proposals.

WASHINGTON, D.C. - December 21, 2011 - (RealEstateRama) -- Mortgage applications decreased 2.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 16, 2011.

Washington, DC - December 21, 2011 - (RealEstateRama) -- On Friday, September 24th, NCRC will testify before Federal Reserve Board on making critical improvements to HMDA data, so that lenders can be held accountable for the types of loans they are issuing to communities.

Hialeah, FL - December 21, 2011 - (RealEstateRama) -- CBRE Capital Markets in Miami secured $5 million in fixed financing on behalf of The Green Companies, a family-owned real estate development firm based in Miami. The terms of the loan, for the Green...

WASHINGTON, D.C. - December 21, 2011 - (RealEstateRama) -- The New Haven mayor will join building cleaners rallying for fair wages at 4 p.m. Wednesday at the corner of Church and Elm streets downtown. The rally comes as the December 31st contract expiration date ticks closer for the more than 2,000 building cleaners in New Haven and Hartford represented by 32BJ. Building cleaners began their contract talks with employers in mid-November. But with the two sides still far apart, the building cleaners voted last week to authorize their bargaining committee to call a strike if a fair agreement cannot be reached.

Torrance, CA - December 21, 2011 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has completed a 15-year, $9.7 million lease of the Expressway Corporate Center in Egg Harbor, New Jersey.

AMHERST, NH - December 21, 2011 - (RealEstateRama) -- Praxius Technology, a leading real estate marketing technology company based in New Hampshire, is launching extensive real estate social media marketing training for agents and loan officers who collaborate using the company's Lender Agent Collaborative (http://praxiustechnology.com/services/lac)

INLAND EMPIRE, CA - December 21, 2011 - (RealEstateRama) -- Voit Real Estate Services’ San Diego office has successfully directed the $8.5 million acquisition of Margarita Center, a 60,390 square-foot retail property located at 39520-40 Murrieta Ho...

WASHINGTON, D.C. - December 21, 2011 - (RealEstateRama) -- U.S. Senator Robert Menendez; State Senators Ray Lesniak (D-Union) and Ron Rice (D-Essex); and Assemblywoman Annette Quijano (D-Union) will join a rally of New Jersey building cleaners in Newark today to call for employers to agree to a fair contract for the 7,000 men and women who keep New Jersey office buildings clean, safe and sanitary. The brief rally will be held outside the Hilton at Gateway Center in Newark during a break in contract talks going on inside the building. Elected officials are taking a public stand six days after 2,000 building cleaners from around the state marched through downtown Newark and voted to authorize their union's bargaining committee to call a strike if a fair agreement is not reached before the union contract expires at 12:01 a.m. on January 1st.

WASHINGTON, DC - December 21, 2011 - (RealEstateRama) -- The Urban Land Institute (ULI), a global research and education organization dedicated to responsible land use, celebrated 75 years of leadership in community building last week with a series of events in communities throughout the United States – including meetings with the mayors of Washington D.C. and Philadelphia -- that highlight the institute’s legacy of shaping and enhancing the built environment.

Washington, DC - December 21, 2011 - (RealEstateRama) -- Existing-home sales rose again in November and remain above a year ago, according to the National Association of Realtors®. Also released today were periodic benchmark revisions with downward adjustments to sales and inventory data since 2007, led by a decline in for-sale-by-owners.

Miami, FL - December 21, 2011 - (RealEstateRama) -- In one of the largest industrial land transactions in Miami-Dade County since before the recession, Liberty Property Trust (NYSE:LRY) has acquired 126 acres for the development of Miami International ...