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REALTORS® Identify Exterior Replacement Projects as Best Investment for Homeowners
Washington, DC - December 16, 2011 - (RealEstateRama) -- When it comes to remodeling, exterior replacement projects have routinely rewarded homeowners with more bang for their buck. This year is no different, as Realtors® recently rated many exterior improvements as among the most valuable home investment projects as part of the 2011-12 Remodeling Cost vs. Value Report.
Three of Four Major Investor Groups Increased Commercial/Multifamily Mortgage Investments During The Third Quarter
Washington, DC - December 16, 2011 - (RealEstateRama) -- The level of commercial/multifamily mortgage debt outstanding was essentially unchanged in the third quarter of 2011, as three of the four major investor groups increased their holdings, according to the Mortgage Bankers Association (MBA).
SEC Halts Father-Son Ponzi Scheme in Utah Involving Purported Real Estate Investments
Washington, D.C. - December 16, 2011 - (RealEstateRama) -- The Securities and Exchange Commission today charged a father and son in Utah with securities fraud for selling purported investments in their real estate business that turned out to be nothing more than a wide-scale $220 million Ponzi scheme.
Community Investment Strategies Takes the Solar Power Plunge
LAWRENCEVILLE, N.J. - December 15, 2011 - (RealEstateRama) -- Community Investment Strategies (CIS), Inc., the developer, builder and property manager of market-rate and affordable apartment-rental communities throughout New Jersey, has adopted sol...
CT REIA Monthly Meeting with Andy Heller – Real Estate Riches For Regular People
West Hartford, CT - December 15, 2011 - (RealEstateRama) CT REIA Monthly Meeting with Andy Heller Real Estate Riches For Regular People
Senator Murray’s Statement on Drop in Veterans Homelessness
Washington D.C. - December 14, 2011 - (RealEstateRama) -- Today, U.S. Senator Patty Murray, Chairman of the Senate Veterans’ Affairs Committee, issued the following statement after the Department of Veterans Affairs and the Department of Housing and ...
Point Center Financial Hires New In-House Corporate Counsel
Aliso Viejo, CA - December 12, 2011 - (RealEstateRama) -- Point Center Financial, Inc., retained Dale A. Martin as In-House Corporate Counsel. In his current role, Mr. Martin will serve as counsel to Point Center Financial and its executive management team on all legal matters including commercial real estate finance, corporate, litigation, and general risk management relative to the company’s operations and duties. In addition, he will monitor changes in the law to proactively define and develop corporate strategies, policies, procedures and programs.
The Boulder Group Completes Sale of Single Tenant Net Leased Walgreens Property in Cedar...
Northbrook, IL - December 12, 2011 - (RealEstateRama) -- The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 3325 16th Avenue Southwest in Cedar Rapids, IA for $4...
Hanley Investment Group Sells Brand New Single-Tenant Walgreens in Lake Elsinore, Calif. for $8...
IRVINE, CA - December 12, 2011 - (RealEstateRama) -- Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the western United States and a market leader in the sale of retail properties, announced today that...
Former Mountain View Businessmen Plead Guilty to Real Estate Investment Fraud
SAN FRANCISCO, CA - December 9, 2011 - (RealEstateRama) -- James Stanley Ward, Edward George Locker, and Richard Ferguson Tipton pleaded guilty in federal court in San Francisco to conspiracy to commit mail and wire fraud, United States Attorney Melind...
Garrett Chairs Hearing to Examine Private Mortgage Market Investment Act
WASHINGTON, DC - December 8, 2011 - (RealEstateRama) -- Rep. Scott Garrett (R-NJ), Chairman of the Financial Services Subcommittee on Capital Markets and Government-Sponsored Enterprises, delivered the following opening statement today at a hearing to ...
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.
Attorneys General of California and Nevada Announce Mortgage Investigation Alliance
LOS ANGELES, CA - December 7, 2011 - (RealEstateRama) -- Attorneys General Kamala D. Harris of California and Catherine Cortez Masto of Nevada today announced that their states have entered into a joint investigation alliance designed to assist homeown...
$5,000 contributed to Finally Home!® Homebuyer Education Program from Bank of America
BOISE, ID - December 7, 2011 - (RealEstateRama) -- Idaho Partners for Homebuyer Education, Inc. (IPHBE, Inc.), today announced that its Finally Home!® Homebuyer Education Program has received $5,000 in operating support from the Bank of America Charit...
Asia in the ‘Twilight Zone’ As Financial Woes of U.S. and Europe Weigh Upon...
WASHINGTON, DC - December 7, 2011 - (RealEstateRama) -- Economic troubles in the United States and Europe are weighing upon local economies across the Asia Pacific region as well as investor sentiment in Asia and Australian real estate markets, according to Emerging Trends in Real Estate® Asia Pacific 2012, a real estate forecast jointly published by the Urban Land Institute (ULI) and PricewaterhouseCoopers (PwC).
SIGTARP, CFPB, AND TREASURY FORM JOINT TASK FORCE TO COMBAT HAMP MORTGAGE MODIFICATION SCAMS;...
WASHINGTON, DC - December 5, 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.
Global Tower Partners Secures new Management and Right to Lease Agreements from Brookfield Real...
BOCA RATON, FL - December 5, 2011 - (RealEstateRama) -- Global Tower Partners (GTP) announced today it has signed an agreement with Brookfield Real Estate Opportunity Fund (BREOF) to manage and lease 41 properties to wireless telecommunications carriers across the country. GTP will market BREOF’s locations as prospective collocation sites for wireless carriers and utilities.
CONSTRUCTION EMPLOYMENT DECLINES BY 12,000 IN NOVEMBER AS INDUSTRY’S UNEMPLOYMENT RATE HITS 13.1 PERCENT
WASHINGTON, D.C. - December 5, 2011 - (RealEstateRama) -- Construction employment shrank for the second straight month in November as residential, nonresidential building and heavy construction segments remained in low gear, according to an analysis of new federal employment data released today by the Associated General Contractors of America. Association officials said the employment drop reflects continued declines in public sector investments. They added that construction employment could benefit from increased transportation investments and other pro-growth measures designed to boost private sector demand.
CT REALTY INVESTORS CONTINUES ITS INLAND EMPIRE SURGE
ONTARIO, CA - November 29, 2011 - (RealEstateRama) -- CT Realty Investors Inc. (www.ctrinvestors.com) announced lease agreements today with Pacific Urethane LLC for 150,240 square feet and Precision Foam LLC for 43,492 square feet at 1671 Champagne Ave...