Archives

NEW YORK, NY - April 5, 2012 - (RealEstateRama) -- New York City multifamily sales activity surged in February 2012, far exceeding January’s lackluster figures and year-over-year comparisons, according to Ariel Property Advisors’ Multifamily Month ...

West Hartford, CT - April 5, 2012 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with Sue Nelson is announcing the CT REIA Monthly Meeting for real estate investors on April 16, 2012. This meeting wi...

NEW YORK CITY, NY - April 4, 2012 - (RealEstateRama) -- Real estate development and investment firm Blesso Properties has formally opened its Tántalo Hotel/Kitchen/Roofbar, an innovative, eco-conscious boutique property in Panama City, Panama’s Casc...

JACKSON, MS - April 3, 2012 - (RealEstateRama) -- Demetrius Mathis, 49, and Jacqueline Mathis, 45, husband and wife from Madison, each pled guilty in federal court on Thursday, March 29, 2012 to charges relating to a real estate investment scheme, U.S....

SAN JOSE, CA - April 3, 2012 - (RealEstateRama) -- David A. Nilsen was sentenced today to 97 months in prison and ordered to pay $69,828,833 in restitution following his conviction for conspiracy to commit mail and wire fraud in connection with his ope...

West Hartford, CT - April 3, 2012 - (RealEstateRama) -- This month's meeting is all about getting the deal and structuring the deal. Your profit is made when you buy. Once you find and control the deal, the money you can make with that deal is astron...

NEW YORK, NY - March 30, 2012 - (RealEstateRama) -- March 30, 2012—Brooklyn saw 377 commercial real estate transactions in 2011 consisting of 562 properties and totaling approximately $1.8 Billion in gross consideration, according to the Brooklyn Yea...

Washington, DC - March 29, 2012 - (RealEstateRama) -- Investment home purchases represented nearly one-third of all existing-home sales last year, according to a National Association of Realtors® report on second homes released today. This robust investment activity underscores the importance of limiting the government’s use of real estate owned (REO) bulk sales, as NAR recommended in a letter sent to regulators this week.

Washington, DC - March 29, 2012 - (RealEstateRama) -- WASHINGTON (March 29, 2012) – Sales of investment and vacation homes* jumped in 2011, with the combined market share rising to the highest level since 2005, according to the National Association of Realtors®.

Newport Beach, CA - March 29, 2012 - (RealEstateRama) -- The attraction of United States properties to Chinese buyers has been strongly documented over recent years due to record low interest rates and the drop in real estate prices; drawing investors to the opportunity of purchasing their very own piece of American real estate. As the property inventory levels continue to rise in the United States, foreign buyers are embracing the convenience of auctions conducted completely over the Internet as one of the best ways to invest in U.S real estate.

Homestead, FL - March 27, 2012 - (RealEstateRama) -- CBRE arranged the sale of a Card Sound, a 105-unit bank-owned property in Homestead, FL. The property at 27707 South Dixie Highway was acquired for $4.55 million ($94 per square foot or $43,336 per u...

BEAUMONT, CA - March 26, 2012 - (RealEstateRama) -- CT Realty Investors (www.ctrinvestors.com) announced today that the Beaumont Logistics Center, located at 520 Fourth St. and 415 Nicholas Rd. in Beaumont, Calif., has been fully leased to Updike Distr...

NEW YORK, NY - March 26, 2012 - (RealEstateRama) -- Jones Lang LaSalle has hired Mark Marasciullo as a Managing Director in New York. He will serve on the firm’s national investor client team — a group of established facilitators and relationship m...

Scottsdale, AZ - March 26, 2012 - (RealEstateRama) -- Ken Zentz, Licensed Owner and Manager of the Dominion Real Estate Partners Fountain Hills office, announced today, his office has changed location. The real estate brokerage servicing Fountain Hills...

West Hartford, CT - March 23, 2012 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with Lou Brown is announcing the CT REIA weekend seminar for real estate investors on March 31, 2012. This meeting wi...

West Hartford, CT - March 22, 2012 - (RealEstateRama) -- Bring Your Spouse For Only $10. When registering for this event, you must select the 2 person registration option to take advantage of this offer. Don't enter the name of your guest - don't click...

WASHINGTON, D.C. - March 21, 2012 - (RealEstateRama) -- Students at two universities will benefit from improved residential construction management programs due to grants from the Homebuilding Education Leadership Program (HELP) of the National Housing Endowment, the philanthropic arm of the National Association of Home Builders (NAHB). The grants were announced at the NAHB Student Chapter Award Ceremony at the International Builders’ Show in Orlando in February.

Destin, FL - March 20, 2012 - (RealEstateRama) -- Banks and mortgage lenders should slash the balance on mortgages owed by all homeowners in light of the housing crisis blamed heavily on U.S. bankers, according to a new Housing Predictor survey.

New York, NY - March 15, 2012 - (RealEstateRama) -- Almanac Realty Investors, a leading provider of growth capital to public and private real estate companies, has named Henry C. Herms its Chief Financial Officer.

Miami, FL - March 13, 2012 - (RealEstateRama) -- The Federated Companies, a leading national real estate investment and development firm, is pleased to announce that it has completed the sale of Bayside Village, a student housing complex located at 132 Marginal Way in Portland, Maine to Blue Vista Capital Management for $18.2mm. The five-story building, completed in 2009, consists of 402 beds and includes 3,300 square feet of retail space, and a 117 parking space garage. The property is located in an infill location less than a mile from the University of Southern Maine; across the street from Whole Foods, Trader Joe's, and Planet Fitness; and provides easy access to downtown Portland, the Historic Old Port, and I-295.