Washington, DC - August 4, 2011 - (RealEstateRama) -- Second quarter 2011 commercial and multifamily mortgage loan originations were 107 percent higher than during the same period last year and 52 percent higher than the revised figures for the first quarter of 2011, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

MIAMI, FL - August 4, 2011 - (RealEstateRama) -- Louis Gendason of Delray Beach, Fla.; Kimberly Mackey of Pittsburgh; and John Incandela, of Palm Beach, Fla., pleaded guilty today to one count of conspiracy to commit wire fraud for their participation in a $2.5 million Home Equity Conversion Mortgage, or reverse mortgage, fraud scheme

New York, NY - August 4, 2011 - (RealEstateRama) -- SL Green Realty Corp. (the "Company") (NYSE: SLG) announced today that the Company, SL Green Operating Partnership, L.P., the Company's operating partnership, and Reckson Operating Partnership, L.P., as co-obligors (collectively, the "Co-Obligors"), priced $250.0 million aggregate principal amount of 5.00% senior notes due August 15, 2018 (the "Notes"). The offering is expected to close on August 5, 2011, subject to customary closing conditions

Washington, D.C. - August 4, 2011 - (RealEstateRama) -- Today NeighborWorks America awarded $34.9 million in grants to 115 local NeighborWorks organizations to finance the rehabilitation of affordable housing nationwide, including smaller and rural communities with affordable housing needs, and create more than 1,000 jobs

New York, NY - August 4, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate firm Keller Williams Realty Inc., has hired Carolina Tejada as a licensed real estate salesperson.

EUGENE, OR - August 4, 2011 - (RealEstateRama) -- Today, Del Barber, Jr., 46, of Bend, Oregon, was sentenced by U.S. District Court Judge Michael R. Hogan to 15 months in prison for mortgage fraud and health care fraud and was ordered to pay over $200,...

NEW YORK, N.Y. - August 3, 2011 - (RealEstateRama) -- Hudson Realty Capital LLC, based in New York City, has provided $13.1 million in note acquisition financing ultimately secured by a power retail center located in central Mississippi. “Although several finance companies maintain that they offer note-acquisition financing, Hudson has actually been funding many of these transactions during the last 12 months. Past experience in this area is imperative since these deals are very dynamic and can take numerous unexpected twists and turns,” said Spencer Garfield, managing director. “Hudson has developed a comprehensive program to offer our borrowers the flexibility they need to effectuate their business plan while giving us the security we require.”

Tampa, FL - August 3, 2011 - (RealEstateRama) -- To create jobs in the Tampa Bay region, we must reinvigorate our efforts to heal the housing market, Congresswoman Kathy Castor said today as she sent a letter to the White House. Following up on a recent discussion with President Obama, Castor’s letter contains suggestions to tackle the housing crisis in Florida and the nation. Castor outlined viable ways to spur the housing market, help distressed homeowners, improve property values and, as a result, help our community and our country’s economy toward more jobs and economic recovery.

August 3, 2011 - (RealEstateRama) -- Senate Majority Leader Martin Looney (D-New Haven / Hamden) joined state elected leaders, officials with Operation Fuel and the Connecticut Association for Community Action (CAFCA) at a news conference to urge Congress to protect the federal Low Income Home Energy Assistance Program (LIHEAP).

NEW YORK, N.Y. - August 3, 2011 - (RealEstateRama) -- Sabey Data Center Properties has acquired a principal condominium interest encompassing 29 floors of the 32-story building at Manhattan's 375 Pearl Street, commonly known as the Verizon Building, for $120 million. Sabey was represented in the transaction by Sean Brady of the East Rutherford, N.J. office of Cushman & Wakefield, Inc., and Jeffrey Heller of the firm's Midtown New York office. Youngwoo & Associates, Sabey’s local partner, was represented by Ron Solarz of Eastern Consolidated. Sellers M&T Bank and Taconic Investment Partners were represented by C.B. Richard Ellis.

August 3, 2011 - (RealEstateRama) -- On August 1, 2011, a powerful partnership was launched between Lowe's Commercial Services, the NAHB Research Center, and G Street. The program is targeted specifically to those currently remodeling at least ten homes annually that are pre-1980, with a scope of work that often includes landscape and mechanical

N.J. - August 3, 2011 - (RealEstateRama) -- Cushman & Wakefield released midyear 2011 statistics for the U.S. industrial market that show the overall vacancy rate for New Jersey has declined. At the same time, the overall vacancy rate for the U.S. has declined to a two-year low.

NEWARK, NJ - August 3, 2011 - (RealEstateRama) -- Continuing the State’s on-going efforts to thwart fraudulent “mortgage loan modification” enterprises, Attorney General Paula T. Dow and the State Division of Consumer Affairs filed administrative actions against seven businesses for illegally offering mortgage modification services to homeowners in dire financial straits. State law requires that anyone providing these services in New Jersey be licensed as a Debt Adjuster by the Department of Banking and Insurance, or be otherwise authorized.

Arlington, VA - August 3, 2011 - (RealEstateRama) -- As the United States continues to deal with a still-struggling economy, it might be easy to assume that all of the housing industry is part of the same scenario. However, industry leaders such as Thayer Long, president and CEO of the Manufactured Housing Institute (MHI), believe manufactured housing is a key economic solution for present and future home buyers.

EUGENE, OR - August 3, 2011 - (RealEstateRama) -- With new accounts being added daily, IDX, Inc. announces the latest addition to the growing network of agents and brokers utilizing the immensely dynamic IDX Broker software: Indianapolis real estate pr...

AUSTIN, TX - August 3, 2011 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) today announced that it will finance the development of 38 affordable rental properties throughout the state that will combine an affordable rent with the aesthetic qualities of high-end developments. These properties will expand housing options for the state’s growing population of retirees and younger working families while generating a significant impact on the economy.TDHCA will provide $39.5 million in financing through the 2011 Housing Tax Credit Program allocation cycle, helping create an estimated 3,457 units of affordable rental housing designed to serve Texans earning no more than 60 percent of the area median family income.

Edison, N.J. - August 3, 2011 - (RealEstateRama) -- The New Jersey Association of REALTORS® (NJAR®) Governmental Research Foundation (GRF) today released a report showing the economic costs and benefits associated with “green building” practices or techniques improving the energy efficiency of a home. The study, Costs and Benefits of Residential Energy Efficiency Improvements, was conducted for NJAR® GRF by the Rutgers Center for Green Building at the Edward J. Bloustein School of Planning and Public Policy at Rutgers University

RALEIGH, N.C. - August 3, 2011 - (RealEstateRama) -- … Crescent Resources, LLC marked the beginning of Gallery at Cameron Village with a groundbreaking ceremony today. The $50 million apartment project will bring the first multifamily residential experience to Raleigh’s premier shopping and dining district.The landmark project at Clark Avenue and Oberlin Road will feature 282 apartment homes and 16,000 square feet of retail space. The first apartments are scheduled to be available in spring 2013.

New York, NY - August 3, 2011 - (RealEstateRama) -- Paramount Group, Inc., New York’s largest privately held international real estate investment and management firm, has recapitalized a 49 percent interest in its 1633 Broadway office tower. Affiliates of Morgan Stanley and Bank of America have exited the partnership and have been replaced by affiliates of Beacon Capital Partners, LLC and Paramount Group Real Estate Fund IV. SL Green Realty Corp. (NYSE:SLG) acquired a preferred equity interest as well. Paramount Group Real Estate Fund I retains its 51 percent controlling interest in the 2.5 million- square-foot Class A office tower where Paramount Group is headquartered. The prestigious tenant roster includes, Allianz, Time Warner, Deloitte LLP, Morgan Stanley, Dickstein Shapiro and Kasowitz, Benson, Torres & Freedman LLP

JERSEY CITY, N.J. - August 3, 2011 - (RealEstateRama) -- New Jersey Department of Community Affairs (DCA) Commissioner Lori Grifa today joined State Senator Sandra B. Cunningham, Mayor Jerramiah T. Healy, and other officials at the ribbon cutting for 13 affordable housing units in Jersey City that received $1 million in Neighborhood Stabilization Program funds through the DCA. The grant is paid for with federal funds intended to stabilize neighborhoods hard hit by home foreclosures.

Thank you, Mr. Chairman – and welcome to my hometown, Las Vegas, Nevada. And before, I get into my remarks – Mr. Chairman, as you know, Senate Republicans unilaterally thrusted the gaming economy and its patrons into uncertainty with the unjust inclusion of the wagering loss

U.S. Senator Tommy Tuberville (R-AL)introduced Mr. Bill Roark of Huntsville, Alabama, as a witness appearing before the Senate Health, Education, Labor, and Pensions (HELP) Committee. The hearing was about empowering workers by expanding employee ownership.

Industry leaders and officials from across Ohio announced their support for the Republican reconciliation law and the benefits it will have for workers, families, farmers, and small businesses across Ohio and its economy.

The New York State Division of Consumer Protection (DCP) is alerting consumers about the dangers of television (TV) tip-over hazards. Millions of New Yorkers will watch the Super Bowl this Sunday either on TVs at home or at parties with friends. DCP is taking this TV-focused occasion to remind consumers of critical TV safety tips.

Fast-growing Florida has been a favorite of real estate investors for many years. With so much interest having been focused on the state, though, investors need to take care to seek the best available opportunities.

Office of General Services Commissioner RoAnn Destito today announced that the Senator Walter J. Mahoney State Office Building located at 65 Court Street in Buffalo will be sold at auction in 2020. A work group formed earlier this year made up of City, County, and State officials working with professional real estate consultants CBRE, determined that in the current competitive and robust Buffalo real estate market

The Bureau of Land Management today announced that Karen Mouritsen has been named the new California State Director—a key leadership position based in Sacramento. As State Director, Mouritsen will direct a team that manages lands encompassing 15% of the Golden State’s total land mass

The New York State Office of Alcoholism and Substance Abuse Services (OASAS) today announced the opening of the new JLC Recovery and Wellness Center in New York City. JLC is operated by Exponents Inc. and provides free help and support services for people affected by addiction and for their families.

In spite of a robust U.S. economy, a strong employment rate, and steadily increasing 401(k) plan earnings, Black homeownership rates continue to drop. Drawing from the 2019 release of the National Association of Real Estate Brokers

Yesterday, U.S. Senator Maria Cantwell (D-Wash.), ranking member of the Senate Energy and Natural Resources Committee, asked the Department of the Interior about its commitment to the Yakima River Basin during a hearing on the president’s FY 2017 budget request. Deputy Secretary of the Interior Michael Connor agreed with Sen. Cantwell that the Yakima River Basin plan “is a model for the rest of the nation in water management.”

“Consumers Energy is thankful to be a part of holiday celebrations across the state as warm Thanksgiving memories are being made, and we are committed to providing many more generations of Michigan families with reliable, affordable energy in all seasons,” said Garrick Rochow, Consumers Energy’s vice president and chief customer officer

WASHINGTON, D.C. - December 13, 2013 - (RealEstateRama) -- Six federal financial regulatory agencies today issued a final rule that creates exemptions from certain appraisal requirements for a subset of higher-priced mortgage loans. The exemptions are intended to save borrowers time and money while still ensuring that the loans are financially sound

Atlanta, Georgia - November 13, 2013 - (RealEstateRama) -- the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Equity Loans, LLC, License Number 23300, located at 1150 Hammond Dr., Building E, Suite 650, Atlanta, Georgia 30328, to resolve allegations pertaining to violations of the Georgia Residential Mortgage Act