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Property, Rentals, Transactions

Property, Rentals, Transactions

Realtors® Call on White House to Host Housing Summit

Washington, DC - August 25, 2011 - (RealEstateRama) -- To help develop policies that will stabilize the nation’s housing market and support an economic recovery, the National Association of Realtors® urges the White House to host a summit of policy makers, industry leaders and government stake holders focused on revitalizing the nation’s housing

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...

Bus Tour Brings Home Ownership Matters to Grand Rapids

Washington, DC - August 25, 2011 - (RealEstateRama) -- Changes to the mortgage interest deduction could dramatically impact home owners and aspiring home owners in Grand Rapids, Mich., and beyond. That’s just one of the many issues the National Association of Realtors® wants Michigan residents to know about as the Home Ownership Matters Bus Tour pulls into Grand Rapids this week.

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

2011 State Fair attendees find nearly $90,000 in Unclaimed Property

SEDALIA, MO - August 23, 2011 - (RealEstateRama) -- The 2011 Missouri State Fair ended Sunday, and State Treasurer Clint Zweifel (ZWY-ful) said 426 people went home knowing they will be receiving extra cash. During the course of the fair, $87,157 wo...

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...

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

Property Management Business is Booming at Sierra Realty

NEW YORK CITY, NY - August 22, 2011 - (RealEstateRama) -- Sierra Realty Corp. has increased its focus on the property management segment of its business of late, and results have been fruitful in both Manhattan and the surrounding boroughs, according to Sierra President James Wacht.

The Ballen Group stops a Nevada Foreclosure. Another successfully closed Wachovia Short Sale in...

Las Vegas, NV - August 22, 2011 - (RealEstateRama) -- The Ballen Group, Leading short sale agents in Las Vegas at Keller Williams Realty Las Vegas, have solved another short sale problem for a Nevada Homeowner facing foreclosure.

Robert Bushman of Solarsilicon Recycling to Receive Award

Santa Barbara, CA - August 22, 2011 - (RealEstateRama) -- Robert Bushman, the CEO of Solarsilicon Recycling Services, was awarded the Pacific Coast Business Times Spirit of Small Business Award August 18, at its annual luncheon award ceremony.

Children’s Museum of the Arts Set to Open Expanded Facility in Lower Manhattan on...

NEW YORK, NY - August 22, 2011 - (RealEstateRama) -- The Children’s Museum of the Arts (CMA) will open its new, expanded space at 103 Charlton Street on Oct. 1, 2011. The 10,000-square-foot former loading dock, located in the Hudson Square neighborhood west of SoHo, will triple the museum’s size and enable it to dramatically expand its arts programming.

Recent NAR Press Releases

NAR

Pending Home Sales Ascended 3.4% in March

Pending home sales in March climbed 3.4%, according to the National Association of REALTORS®. The Northeast, South and West posted monthly gains in transactions while the Midwest recorded a loss. Year-over-year, the Northeast and South

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