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Starbucks Takes Remaining Retail Space at W&H’s 1350 Broadway

NEW YORK CITY, NY - August 25, 2011 - (RealEstateRama) -- Starbucks has taken the last remaining retail space at W&H Properties’ 1350 Broadway, completing the retail repositioning of the property, announces Anthony E. Malkin, president of Malkin Holdings, which supervises W&H Properties.

Nevada Short Sale Specialist Lois Lee Greer – How to Write a Hardship Letter

Las Vegas, NV - August 25, 2011 - (RealEstateRama) -- While short sales minimize damage to your credit versus foreclosure, the fact remains that the goal of every short sale is to walk away without the bank coming after you at some future date down the road. So why are some homeowners asked to pay substantial promissory notes in exchange for a short sale approval, while other homeowners are not asked to pay a promissory note at all? The answer can almost always be found by looking at the experience (or lack of experience) of the Real Estate Agent. There are certain factors which minimize hardship in the eyes of banks and bank Investors, and are essentially short sale deal killers. A Realtor experienced with short sales will be able to explain the banks perception of hardship and how it applies to your particular situation.

Spain cuts new property tax in half to lift Spanish real estate industry

Madrid, Spain: - August 25, 2011 - (RealEstateRama) -- The Spanish Government has cut value added tax on new property in Spain by 50 per cent with immediate effect. The reduction in VAT (Spanish - IVA) from eight per cent four per cent on new build Sp...

IDX Broker supplies custom WordPress Plugin on website of Broker Kal Ibrahim

EUGENE, OR - August 25, 2011 - (RealEstateRama) -- With new accounts being added daily, IDX, Inc. announces the latest addition to the growing network of agents and brokers utilizing the remarkable IDX Broker software: SoCal real estate broker Kal Ibrahim. A member of California Real Estate Technology Services (CARETS), Ibrahim can now sync thousands of area listings directly onto the IDX-enabled search page he hosts. Finding an Orange County home online has never been easier, thanks to IDX Broker software and the comprehensive online real estate database Ibrahim has created with his customizable IDX solution.

Jon Christopher features Southeast Pennsylvania home listings directly onto professional website with IDX Broker...

EUGENE, OR - August 25, 2011 - (RealEstateRama) -- IDX, Inc. and Jon Christopher have brought a new IDX solution to the Southeast Pennsylvania area real estate market. IDX Broker software now syncs directly to the website of Christopher, extracting raw...

Steven H. Shapiro Joins Pircher, Nichols & Meeks as Corporate Partner

Torrance, CA - August 24, 2011 - (RealEstateRama) -- Steven H. Shapiro has joined Pircher, Nichols & Meeks as a corporate partner in its Chicago office. His practice will focus on corporate governance, securities law, mergers & acquisitions and financings.

CBRE ARRANGES TWO LEASES AT NEWLY RENOVATED MIAMI LAKES BUSINESS CENTER

Miami, FL - August 24, 2011 - (RealEstateRama) -- CBRE arranged two leases totaling more than 58,000 square feet at the newly renovated Miami Lakes Business Center located at 5875 NW 163rd Street in Miami. Building owner Keystone Property Group, based in Bala Cynwyd, Pennsylvania, invested more than $5 million in a complete renovation of the property that included new high impact windows, a back-up generator with the capacity to power the entire building for tenant operations, new chillers and other building systems as well as the exterior areas including the parking lot and landscaping.

CBRE ARRANGES $39.7 MILLION REFINANCE FOR SAN ANTONIO APARTMENT COMMUNITY

San Antonio, TX - August 24, 2011 - (RealEstateRama) -- Led by the Miami Capital Markets team in partnership with the San Antonio office, CBRE arranged the loan refinance on Promontory Pointe, a 596-unit apartment community in San Antonio, Texas, on behalf of Advenir@Promontory, LLC, a Florida-based owner of multihousing communities. Financing terms of the $39,761,000 loan include a 10-year term, an aggressive interest rate, with an extended interest-only financing period at an 80% loan-to-value ratio.

Metro Commercial Inks 7 Lumber Liquidator Deals throughout US

Mount Laurel, NJ - August 24, 2011 - (RealEstateRama) -- As part of its exclusive national representation of Lumber Liquidators, Metro Commercial announced that it has brokered 7 leases totaling nearly 46,000 square feet. Metro Commercial’s Brandon Anapol, along with Tom Londres, Dan Brickner, Steve Niggeman and Phil Azarik serve at the Exclusive Leasing Team for the national retailer.

NAIOP NJ PRAISES CHRISTIE ADMINISTRATION FOR SIGNING MORATORIUM ON COAH JOBS TAX

NEW BRUNSWICK, N.J. - August 24, 2011 - (RealEstateRama) -- The New Jersey Chapter of NAIOP, the Commercial Real Estate Development Association, applauds the Christie Administration for signing legislation (S-2974 Lesniak/ Sweeney, A-4221Coutinho/Bucco/Burzichelli) that places a two-year moratorium on the 2.5% non-residential COAH fee (essentially a job-killing tax) for eligible projects beginning July 2011 and ending July 2013

PCCP, LLC Provides $23.75 Million Senior Loan to Finance the Recapitalization of a Class...

New York, NY - August 24, 2011 - (RealEstateRama) -- PCCP, LLC announced today it has provided a $23.75 million senior loan to Bala Cynwyd, PA-based Keystone Property Group. The loan facilitated the recapitalization of a five-building Class A office complex totaling just over 228,000 square feet within Sentry Park West in Blue Bell, PA (suburban Philadelphia). Keystone Property Group acquired the property in 2004. Located at 1777 Sentry Parkway West, the asset is situated near two major thoroughfares, the Pennsylvania Turnpike and Interstate 476

Real Estate Mortgage Network, Inc., Launches FinanceMyHome.com, A New Online Consumer-Direct Lending Division

Dallas, TX - August 24, 2011 - (RealEstateRama) -- National retail and wholesale mortgage lender, Real Estate Mortgage Network, Inc. (REMN), is pleased to announce the launch of their new consumer direct lending division. Doing business under the name FinanceMyHome.com (www.FinanceMyHome.com), this new lending division will service the needs of home buyers who prefer the convenience of securing mortgages online. Headquartered in Dallas, TX, FinanceMyHome.com will share the customer first, quality-centric attributes that have helped REMN succeed for more than 20 years.

Husband-Wife Realtor Team use IDX Broker software to connect Charleston area buyers with their...

EUGENE, OR - August 23, 2011 - (RealEstateRama) -- Today, IDX, Inc. is pleased to announce Isle of Palms, South Carolina real estate team John Gillies and Gabrielle Gregorie-Gillies have adopted a customizable IDX solution for their professional websit...

S&P Downgrade Shakes Confidence in Real Estate

Destin, FL - August 23, 2011 - (RealEstateRama) -- Standard and Poor's U.S. credit downgrade seriously shakes the confidence that a recovery in the U.S. real estate market will develop, according to a new Housing Predictor poll

TMS Funding Launches New Jumbo Mortgage Product Into Wholesale Market

MILFORD, CT - August 23, 2011 - (RealEstateRama) -- TMS Funding, the wholesale residential lending channel of Total Mortgage Services, LLC, announced today it has launched a new flexible Jumbo Mortgage Product into the wholesale marketplace to provide Mortgage Brokers with an important solution for their clients in need of a jumbo mortgage for either a purchase or refinancing transaction.

Texas foreclosure specialist adopts IDX Broker software to integrate thousands of Austin listings onto...

EUGENE, OR - August 23, 2011 - (RealEstateRama) -- IDX, Inc. and John Cotten have joined forces to present Austin, Texas property listings and foreclosure services in one convenient and easy-to-use online real estate resource. Cotten has proven himself as a smarter broker by integrating an IDX solution onto his website; syncing his customizable search page to thousands of Austin MLS (ACTRIS) listings.

CUSHMAN & WAKEFIELD BROKERS 111,000-SQ.-FT. INDUSTRIAL LEASE

ELIZABETHTOWN, PA - August 22, 2011 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. has brokered a long-term, 111,000-square-foot industrial lease to MWI Veterinary Supply, Inc. at 1499 Zeager Road in Elizabetht...

Governor Jindal Issues Executive Order for Homeowner Protections in Hazard Mitigation Grant Program

BATON ROUGE, LA - August 22, 2011 - (RealEstateRama) -- Governor Bobby Jindal issued an Executive Order today detailing homeowner protections for the Hazard Mitigation Grant Program.

Tech consulting Company Leases Through Winoker Realty; Reflects Trend of Tech Companies Moving to...

NEW YORK CITY, NY - August 22, 2011 - (RealEstateRama) -- Jackobin Consulting Services, Inc., a consultancy firm that provides project management, staffing, and web services for technical companies, has leased 6,500 square feet at 1150 Avenue of the Americas, according to Corey Abdo, executive vice president and principal of Winoker Realty.

Former Oceana Restaurant Leased By Industry Vets In Deal Arranged By Sierra and CBRE

NEW YORK CITY, NY - August 22, 2011 - (RealEstateRama) -- The former home of Oceana restaurant at 55 East 54th Street off Madison Avenue has been leased on a long-term basis to a partnership that – after a nearly two-year search – plans to turn the 8,300-square-foot space into a striking new four-level Mediterranean food destination. Sierra Realty Corp.’s Executive Vice President Peter Braus and Managing Director Brad Schwarz represented the landlord, and Gregory Tannor of CBRE represented the tenant

Recent Gov & Nonprofit Real Estate Press Releases

Congresswoman Joyce Beatty

Rep. Beatty Announces Federal Funding to Advance Affordable Housing

This week, Congresswoman Joyce Beatty (OH-03) joined the Federal Home Loan Bank of Cincinnati (FHLB) and Homeport in celebrating the launch of the Rise Up program. The Rise Up