Individual State Reports for Commercial Real Estate Development and Construction’s Significant Impact on the...
Washington, D.C. - February 23, 2011 - (RealEstateRama) -- The NAIOP Research Foundation has made individual state reports available that detail the state's data for commercial construction spending, employment and personal earnings in a 2009 vs. 2007 comparison.
Des Plaines, IL - February 22, 2011 - (RealEstateRama) -- Nearly three in four (72 percent) U.S. homeowners agree the home inspection they had when they purchased their current primary residence helped them avoid potential problems with their home, according to a survey released today by the American Society of Home Inspectors (ASHI).? Also, almost two in three (64 percent) noted, in the long run, they saved a lot of money as result of their home inspection. As the housing market begins to recover, ASHI encourages homeowners and buyers to hire a certified home inspector and to get a home inspection to help further protect their investment
Santa Fe, NM - February 21, 2011 - (RealEstateRama) -- Stan Jones Santa Fe Real Estate/ Sotheby’s International Realty in Santa Fe, NM today announced the launch of a free mobile application and mobile web search that works on standard cell phones, smart phones, and iPads across all mobile carriers, allowing consumers to view all homes for sale in Santa Fe.
DOVER, DE - February 17, 2011 - (RealEstateRama) -- Delaware Department of Natural Resources and Environmental Control Secretary Collin O’Mara and the Clean Water Advisory Council have announced the next $16 million in water infrastructure projects through the Delaware Clean Water State Revolving Fund (CWSRF), bringing the number of ongoing projects to 41, totaling nearly $100 million. The loans will finance 16 new projects that will protect public health and the environment and are vital to the economic vitality of Delaware communities.
Wilmington, DE - February 17, 2011 - (RealEstateRama) -- Today, in a securities fraud case prosecuted by the Attorney General’s Securities Unit, Thomas Dolby was sentenced to 15 years in prison for defrauding investors out of more than $400,000 in a real estate investment scam
Los Angeles, CA - February 15, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (NYSE:CBG) today announced that it has entered into definitive agreements to acquire the majority of the real estate investment management business of Netherlands-based ING Group N.V. (ING) for approximately $940 million in cash. The acquisitions include substantially all of the ING Real Estate Investment Management (ING REIM) operations in Europe and Asia, as well as Clarion Real Estate Securities (CRES), its U.S.-based global real estate listed securities business. CB Richard Ellis will not acquire ING’s U.S.-based private market real estate investment management company.
DENVER, CO - February 15, 2011 - (RealEstateRama) -- RE/MAX Commercial® Practitioner Dave Smith, CCIM, completed one of the largest deals of his career, a contract that involved parties in two different countries and four U.S. states. The deal was recently named by the Certified Commercial Investment Member (CCIM) Institute’s Nebraska Chapter as a “Big Deal of 2010.” The buyer of the commercial property in Pueblo, CO, is from Tel Aviv, Israel who was using an agent in Los Angeles, CA, and the seller lives in Texas. Smith resides in Omaha, NE.
Washington, D.C. - February 14, 2011 - (RealEstateRama) -- The American Institute of Architects (AIA) today issued the following statement on the fiscal 2012 budget President Obama presented to Congress this morning
(LPAC) - February 10, 2011 - (RealEstateRama) -- Congressional candidate and LaRouche PAC organizer Kesha Rogers, who is running in Houston, TX as part of a six person national slate of LaRouche Democrats, issued the following statement today
Columbia, MD - February 10, 2011 - (RealEstateRama) -- Enterprise Community Investment, Inc. (Enterprise ), a national leader in affordable housing and community development, today announced that Freddie Mac (OTC: FMCC) has given the company approval to originate affordable multifamily loans nationally on its behalf.
Snowe, Feinstein, Bingaman Applaud White House Support for Increasing Energy Efficient Commercial Building Tax...
WASHINGTON, D.C. - February 4, 2011 - (RealEstateRama) -- U.S. Senators Olympia J. Snowe (R-Maine), Dianne Feinstein (D-California) and Jeff Bingaman (D-New Mexico) applauded President Obama’s support for provisions in S. 1637, the Expanding Build...
DENVER, CO - January 28, 2011 - (RealEstateRama) -- RE/MAX Commercial® is once again joining the ranks of other high-profile commercial franchises with the second most Certified Commercial Investment Member (CCIM) candidates and designees in the industry, a significant achievement given today’s commercial real estate landscape.
Torrance, CA - January 27, 2011 - (RealEstateRama) -- The Irvine office of Lee & Associates, the fourth largest full-service commercial brokerage company in the nation, has completed the $6.3 million sale of the Teslaco Building, a 35,000-square-foot office building located at 35 Tesla in Irvine, Calif., to Owen Commercial. The building was a foreclosure sale by GE Capital and was never put on the market. Lee & Associates sold it as an off-market investment.
Los Angeles, CA - January 26, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (CBRE) has announced that Chris Ludeman will join Brian Stoffers as co-president of the firm’s Capital Markets businesses. In his expanded role, Mr. Ludeman will provide client-facing leadership for the company’s office, industrial and retail Investment Properties efforts along with its Institutional Group, Global Property Advisors and Private Client Group activities. Mr. Stoffers will continue to lead CBRE’s Debt and Equity Finance, agency and loan servicing businesses, as well as oversee the multi-housing, hotel/lodging and investment banking practices. Mr. Ludeman will continue as President, Americas Brokerage, overseeing CBRE’s tenant rep and agency leasing business lines
McLean, VA - January 26, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today issued the company's Monthly Volume Summary for December 2010. The summary, available on the company’s Web site at www.FreddieMac.com/investors/volsum, provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management and delinquencies. Beginning in January 2011, Freddie Mac began publishing pool-level delinquency disclosures on its single-family PC and Giant PC securities on the company’s Web site, www.FreddieMac.com/mbs. As a result, Tables 9 and 10 are no longer included in the Monthly Volume Summary.
Washington, DC - January 24, 2011 - (RealEstateRama) -- The Federal Trade Commission has launched the website and blog for National Consumer Protection Week (NCPW) 2011, to be held March 6-12. The annual event, now in its 13th year, is hosted by the FTC and nearly 30 other government agencies, consumer groups, and national organizations. The website, www.ncpw.gov, provides information about consumer rights, and promotes free resources to help consumers protect their privacy, manage credit and debt, avoid identity theft, understand mortgages, and recognize frauds and scams.
WASHINGTON, D.C. - January 14, 2011 - (RealEstateRama) -- New job creation amid a slowly recovering economy is creating increased demand by new renters seeking to move into apartments. However, the lack of credit needed to finance the development of apartments is already causing rents to increase and is likely to lead to a shortage of available apartments in the next few years.“Although we are forecasting construction of 133,000 new multifamily residences in 2011,” said the National Association of Home Builders’ chief economist, David Crowe, “that is far short of the 250,000 to 300,000 units that would be required to keep supply and demand in balance
CHICAGO, IL - January 13, 2011 - (RealEstateRama) -- Leading Real Estate Companies of the World® has selected reOneSpot™ as a preferred partner to provide its network of 600 brokerage firms worldwide a low-cost, intelligent, web-based enterprise solution that securely enables collaboration and sharing of activities, documents, feedback and communications between brokers, agents and their clients in one easy-to-use integrated location. This all-in-one solution platform helps real estate brokers and associates improve efficiency and productivity with tools that enhance and streamline the regular, day-to-day activities involved in today’s business of real estate.
Chicago, IL - December 28, 2010 - (RealEstateRama) -- The National Association of REALTORS® has invested in Ifbyphone through its strategic investment fund, Second Century Ventures. As part of the arrangement, NAR is also collaborating with Ifbyphone to develop solutions that enhance voice interactions for its more than 1.1 million REALTOR® members.
WASHINGTON, DC - December 22, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD), the Metropolitan St. Louis Equal Housing Opportunity Council (EHOC), and First National Bank of St. Louis today announced an agreement that will increase the bank's commitment to minority and low-income communities.? As part of the agreement, the bank will invest more than $2.5 million over four years in St. Louis City, North St. Louis County, and St. Clair County, Illinois.