Archives
NANA First Private Employer to Fund RurAL CAP’s Energy Wise in Alaska NANA Region...
Anchorage, AK - February 2, 2011 - (RealEstateRama) -- In response to the energy crisis in northwest Alaska, NANA Regional Corporation, Inc.'s (NANA) board of directors approved NANA's participation in an exciting new partnership with the Rural Alas...
Freddie Mac Prices New $4 Billion Two-Year Reference Notes® Security
McLean, VA - February 2, 2011 - (RealEstateRama) --Freddie Mac (OTC: FMCC) announced today that it priced its new 0.75% $4 billion two-year USD Reference Notes® security due on March 28, 2013. The issue, CUSIP number 3137EACS6, was priced at 99.758 to yield 0.864%, or 21.5 basis points more than two-year U.S. Treasury Notes. The issue will settle on Friday, February 4, 2011
ENVIRONMENTAL PRESERVE COMMUNITY POSTS STRONG 2010 REAL ESTATE SALES
Bluffton, S.C. - February 1, 2011 - (RealEstateRama) -- A strong finish to the year boosted closed and pending real estate sales at Palmetto Bluff to $44.5 million, a 42 percent increase over 2009 sales of $26.3 million. The 20,000-acre environmental preserve and residential community in South Carolina’s Lowcountry had a particularly strong fourth quarter with $14.3 million in sales, more than half of its total sales in 2009.
RE/MAX CELEBRATES 38 YEARS
DENVER, CO - February 1, 2011 - (RealEstateRama) -- One of the largest real estate franchises in the world is celebrating its 38th anniversary and a year of significant success despite a challenging housing market. This month, RE/MAX and its Co-Founders, Dave and Gail Liniger, celebrate a year of remarkable achievements and Founder’s Day, the day RE/MAX was created.
CB RICHARD ELLIS ANNOUNCES LAUNCH OF PROPRIETARY, ONLINE REAL ESTATE LOAN AUCTION SERVICE
Los Angeles, CA - February 1, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (CBRE) today announced the launch of a new, proprietary online real estate loan auction service. This new platform expands the company’s capabilities for assisting sellers in the disposition of commercial real estate loans.
NARI Announces Regional Winners of the 2011 CotY Awards
Des Plaines, IL - February 1, 2011 - (RealEstateRama) -- One hundred and forty Regional “Contractor of the Year” (CotY) Winners were named by the National Association of the Remodeling Industry (NARI) during this year’s regional competition. Judging for the regional projects took place at NARI’s national headquarters in Des Plaines, Illinois, in the first week of January.
Freddie Mac Announces the Issuance of a New Two-Year Reference Notes® Security
McLean, VA - February 1, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) announced today that it plans to issue a new two-year USD Reference Notes® security, CUSIP number 3137EACS6, due on March 28, 2013. The issue will be priced on Wednesday, February 2, 2011, and will settle on Friday, February 4, 2011, at benchmark size
Redfin Opens in Denver
Denver, CO - February 1, 2011 - (RealEstateRama) -- Redfin, a technology-powered brokerage that seeks to change the whole real estate game in consumers' favor, today expanded to the Denver metropolitan area, bringing to Colorado the company's trademark combination of consumer advocacy, transparency and value
Congressional Oversight Panel to Hold Hearing on Commercial Real Estate’s Impact on Bank Stability
WASHINGTON, D.C. - February 1, 2011 - (RealEstateRama) -- On Friday, February 4, 2011, at 10:00 a.m., the Congressional Oversight Panel will hold a hearing in room 538 of the Dirksen Senate Office Building to examine the current state of the commercial real estate market and its implications for bank stability and returns to the Troubled Asset Relief Program.
Lennar Homes to Build in Springfield
Fort Mill, S.C. - January 31, 2011 - (RealEstateRama) -- Lennar Homes has committed to purchasing 40 homesites in Springfield from Crescent Resources, LLC, prompting Crescent to start development of a new section within the community. Lennar Homes has developed a new collection of home plans specifically designed to complement Springfield and will open a model home/design center in late-summer.
RE/MAX COMMERCIAL AGENTS CLIMB RANKS
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.
What to Do If Your Property Is Damaged in the Winter Storm
WASHINGTON, D.C. - January 27, 2011 - (RealEstateRama) -- After a bruising fast-paced winter thunderstorm yesterday left more than 10 inches of snow in certain parts of the Washington, DC area, many residents saw damaged trees, dangling wires, and power outages across the region. As most people have realized, snow and ice can prove dangerous, and can cause severe damage to properties and vehicles.
Colliers International Completes the Sale of an 82 unit Multi-Family Property in the Inland...
Inland Empire - January 27, 2011 - (RealEstateRama) -- Colliers International, the second largest real estate services organization globally, has completed the sale of a 89,248-square-foot multi-family property located at 301 E. Cypress Ave, Redlands, CA to Sequoia Equities, a Walnut Creek-based real estate investment firm. The property sold for $625,000 above list price, at $11.625 million and $141,768 per unit.
Lee & Associates Closes $8.8 Million Land Sale in Oceanside
Torrance, CA - January 27, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, recently closed the sale of a 27.96-acre land parcel in the Ocean Ranch business park in Oceanside, Calif. The transaction is valued at $8.8 million.
Pending Home Sales Continue Uptrend
Washington, DC - January 27, 2011 - (RealEstateRama) -- Pending home sales improved further in December, marking the fifth gain in the past six months, according to the National Association of Realtor
Lee & Associates Completes $6.3 Million Office Building Transaction
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.
CB RICHARD ELLIS ENHANCES AND EXPANDS CAPITAL MARKETS LEADERSHIP
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
IDX Broker software allows home seekers to specify neighborhood in Portland property searches
EUGENE, OR - January 26, 2011 - (RealEstateRama) -- IDX, Inc. welcomes Portland, Oregon real estate broker Dan Walters to the network of real estate professionals engaging their clients and expanding their business through an online IDX solution. Never before have Regional Multiple Listing Service (RMLS) listings been so accessible or readily available to potential buyers. Thousands of detailed property listings are seamlessly linked to the website Walters hosts, with the IDX technology, which syncs properties directly. Now, home seekers can experience a detailed home search without leaving the convenience of the website of Walters. Portland real estate has changed forever, thanks to the IDX-enabled website of Walters
Lee & Associates Closes $3.4 Million Land Sale Transaction
Torrance, CA - January 26, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has negotiated the sale and acquisition of a 13,452 square-foot lot for $3.4 million. Situated along the California coastline at 1620 Torrey Pines Road in La Jolla, Calif., the REO lot is zoned for residential use and affords ocean views of the La Jolla cove
Lee & Associates Negotiates $2.3 Million Land Sale Transaction
Torrance, CA - January 26, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $2.3 million sale on a fully entitled, 1.08-acre parcel of land on N. Vulcan Ave., in Encinitas, Calif.