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Yearly Archives: 2013

Kennedy Wilson

Kennedy Wilson and Partner Acquire Real Estate Portfolio of 29 U.K. Assets for £63M

BEVERLY HILLS, CA - January 17, 2012 - (RealEstateRama) -- International real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced that the company and one of its investment partners acquired a portfolio of 29 U.K. real estate assets for approximately £63 million ($101 million) out of a CMBS pool of assets. Kennedy Wilson invested $21 million of equity in the transaction. The properties were purchased on an all cash basis.

Wells Fargo to Help Customers Facing Mortgage Payment Challenges at Home Preservation Workshops in...

DES MOINES - January 17, 2012 - (RealEstateRama) -- Wells Fargo & Company (NYSE: WFC), the nation’s largest home mortgage lender, today announced plans to host nine Home Preservation Workshops for Wells Fargo Home Mortgage, Wells Fargo Financial, and Wells Fargo Home Equity customers facing financial hardships. Wells Fargo will invite thousands of customers who may be experiencing mortgage payment challenges to the free workshops. Parking is free

FEMA Rental Assistance May be Used for Security Deposits

NEW YORK, NY - January 17, 2012 - (RealEstateRama) -- As the Jan. 28, 2013 deadline to register for FEMA assistance approaches in New York, recovery officials want to make sure Hurricane Sandy survivors know that they may be able to use Temporary Renta...

Bank of America Reports Fourth-Quarter 2012 Net Income of $0.7 Billion, or $0.03 Per...

January 17, 2012 - (RealEstateRama) -- Previously Announced Selected Items Impact Pretax Earnings

CBIA Sponsored 24-Month Map Extension Bill Introduced

January 17, 2012 - (RealEstateRama) -- Earlier this week, Raul Bocanegra (R-Pacoima) introduced a measure that will save CBIA's members millions of dollars and ensure projects critical to the state's housing and economic recovery move forward.

Rate of Recovery for Bay Area Real Estate Speeds Up

La Jolla, CA. - January 16, 2012 - (RealEstateRama) -- The pace at which the Bay Area housing market is making up for lost ground quickened at the end of 2012 as sales increased year-over-year for the 18th month in a row and the median price rose at its fastest rate in more than 25 years. The market remained constrained by a tight supply of homes for sale and a fussy home loan environment, a real estate information service reported.

101 Servicers Participating in Keep Your Home California Mortgage Assistance Program

January 16, 2012 - (RealEstateRama) -- Keep Your Home California now has 101 mortgage servicers on board with their state-managed mortgage assistance program. More servicers participating means more low to moderate income homeowners can be helped throu...

Home Builders Association of Virginia and Virginia Regional Transit Announce Support for Governor McDonnell’s...

RICHMOND - January 16, 2012 - (RealEstateRama) -- The Home Builders Association of Virginia and Virginia Regional Transit have endorsed "Virginia's Road to the Future", the comprehensive, long-term transportation funding plan proposed by Governor Bob M...

State Treasury Partners with Lancaster County-based Morphy Auctions to Maximize Proceeds from Unclaimed Property...

Harrisburg - January 16, 2012 - (RealEstateRama) -- Rather than sitting in a vault, a treasure trove of rare and precious unclaimed valuables will be auctioned next month under a new partnership between the Pennsylvania Treasury and Morphy Auctions of ...

A.G. Schneiderman Details Results For Homeowner Protection Program In Hudson Valley

POUGHKEEPSIE - January 16, 2012 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today announced the results of the Homeowner Protection Program (HOPP), a $60 million initiative to support housing counselors and legal services providers work...

Mangano: Nassau Converting Foreclosed Houses Into Homes For First-Time Buyers

New York, NY - January 16, 2012 - (RealEstateRama) -- With a growing need for affordable housing, Nassau County Executive Edward P. Mangano announced a program that enables the county’s partners in the Neighborhood Stabilization Program to rehabilita...

County Participating in Stand Down Morristown

January 16, 2012 - (RealEstateRama) -- Morris County’s Department of Human Services will be one of many participants this week in Operation Stand Down Morristown, a two-day event supporting needy and homeless veterans and their families.

Congressman David Scott Announces Help for Homeowners Event

WASHINGTON, D.C. - January 16, 2012 - (RealEstateRama) -- Congressman David Scott [GA-13], in partnership with the U.S. Departments of Treasury and Housing and Urban Development (HUD), is pleased to announce the upcoming Making Home Affordable “Help ...

Quicken Loans Celebrates 10th Consecutive Year on FORTUNE Magazine’s List of the ‘100 Best...

DETROIT, - January 16, 2012 - (RealEstateRama) -- Detroit-based Quicken Loans Inc., the nation’s largest online home lender and third largest retail mortgage lender, today announced it has been named to the top-30 of FORTUNE Magazine’s annual “100 Best Companies to Work For” list for the 10th consecutive year. The company earned a 13th place ranking in the magazine’s benchmark study of workplace satisfaction, making it the highest ranked Michigan-based business and mortgage lender on the list.

BOMA International and BOMI International Leadership Build for the Future

WASHINGTON, D.C. - January 16, 2012 - (RealEstateRama) -- BOMA International and BOMI International’s top volunteer leaders recently met to discuss collaboration in the coming year. The leaders identified specific areas of cooperation to further enhance the value of one another’s educational offerings, including increased coordination around asset management and sustainability/high-performance building education, combined efforts to support BOMA International’s new career day (to be held in conjunction with the BOMA Annual Conference in San Diego, California, this June), and other efforts to promote property management as a career

Building America Solution Center: Linking Innovations to Industry

WASHINGTON, D.C. - January 16, 2012 - (RealEstateRama) -- The U.S. Department of Energy's Building America program has launched the Solution Center, an online resource providing easy access to a wealth of building science and energy efficiency information based on Building America research results. Building America brings together the country’s top building scientists and the biggest names in the building industry to conduct field and lab studies and develop technologies and best practices for new and existing homes across the nation.

HUD AND VIRGINIA PROPERTY MANAGEMENT COMPANY SETTLE ALLEGATIONS THE COMPANY DENIED OPPORTUNITIES TO NON-ENGLISH...

WASHINGTON, DC - January 16, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that Virginia Realty Company of Tidewater, Inc., a property management company based in Virginia Beach, VA, will pay $82,500 to settle allegations that it refused to allow a Hispanic woman to apply for an apartment because she did not speak fluent English. Virginia Realty had a policy of not renting to persons with limited English proficiency.

29 Acres of Industrial Land Sells For $7 Million in Southwest Phoenix

PHOENIX, AZ - January 16, 2012 - (RealEstateRama) -- A 29-acre parcel at the SWC of 75th Ave. and Interstate 10 traded for $7,050,000.

29 Acres of Industrial Land Sells For $7 Million in Southwest Phoenix

PHOENIX, AZ - January 16, 2012 - (RealEstateRama) -- A 29-acre parcel at the SWC of 75th Ave. and Interstate 10 traded for $7,050,000.

CBRE CLOSES $60.1 MILLION FINANCING PORTFOLIO ON BEHALF OF H&R REIT FOR SOUTHEAST US...

Central/North Florida - January 16, 2012 - (RealEstateRama) -- CBRE Capital Markets secured a total $60,075,000 in financing for the acquisition of seven shopping centers in Florida and for the refinance of a Lowe’s in Opelika, Alabama, on behalf of ...

Business Real Estate Press Releases

Ocusell_Hayden_Rieveschl

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.