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J.P. Morgan to Pay $153.6 Million to Settle SEC Charges of Misleading Investors in...
Washington, D.C. - June 21, 2011 - (RealEstateRama) -- The Securities and Exchange Commission today announced that J.P. Morgan Securities LLC will pay $153.6 million to settle SEC charges that it misled investors in a complex mortgage securities transaction just as the housing market was starting to plummet. Under the settlement, harmed investors will receive all of their money back
Jones Lang LaSalle Promotes Giles Wrench to International Director
NEW YORK, NY - June 21, 2011 - (RealEstateRama) -- Giles Wrench, who heads the international desk for Jones Lang LaSalle in New York, has been promoted to international director. He joins the firm’s select group of international directors who are recognized for delivering exceptional results for clients and driving the firm’s growth
Branding Your Business Without Breaking The Bank
West Hartford, CT - June 21, 2011 - (RealEstateRama) -- We designed this on a weekly basis so that you can take the information and apply it to your business. Although this will be recorded, we URGE you to attend live. You will be able to ask questions and interact with Rahna during the program.
Free Webinar Replay With Rahna Barthelmess – Branding Your Business
West Hartford, CT - June 21, 2011 - (RealEstateRama) -- For over 20 years , Rahna Barthelmess has passionately built some of the world's beloved brands, most notably LEGO® Toys, Miracle-Gro® Plant Food, and Texaco® Gasolines. She has shared her expertise and branding programs with thousands of business professionals in a variety of industries. As Chief Branding Strategist of Beacon Marketing, Rahna understands how to translate classic marketing ideas into practical "how-to's" that audiences can immediately apply to their own business lives. Rahna pulls from real-life experiences - lessons learned from some of the marketing greats over the past two decades.
Josh Altman, Star of: Bravo’s Million Dollar Listing Becomes Renters Warehouse’s Celebrity Endorser
Golden Valley, MN - June 21, 2011 - (RealEstateRama) -- You’ve seen him “sell the dream” on Bravo TV’s Million Dollar Listing, now he has become the newest endorser of Renters Warehouse, a company who won’t “sell you the dream” but will help you “lease and manage it.”Renters Warehouse is a full service residential property management company, and Josh Altman has partnered with Renters Warehouse to increase brand awareness for the up and coming property management company. With Josh’s popularity from starring on Bravo’s Million Dollar Listing TV show and his expertise in real estate, it was an easy decision for Renters Warehouse to team up with him. Josh states “I am very excited to endorse Renters Warehouse. When it comes to real estate I only work with the best and Renters Warehouse is the best at what they do.
Charles Dunn Company Completes 26,336 Square Foot Office Lease Valued at $8 Million with...
LOS ANGELES, CA - June 21, 2011 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed a 10-year, 26,336 square foot office lease valued at $8 million with California Community Foundation (CCF) and U.S. Bank.
The Boulder Group Completes Sale of Single Tenant Net Leased Hobby Lobby Property in...
Northbrook, IL - June 20, 2011 - (RealEstateRama) -- The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Hobby Lobby property located at 212 Gable Crossing Drive in Avon, IN for $5,750,000.
NATIONAL HOUSING CONFERENCE CONVENES POLICY HEAVYWEIGHTS TO DEBATE THE FUTURE OF HOUSING FINANCE
Washington, DC - June 20, 2011 - (RealEstateRama) -- As the country struggles economically, the future shape of the mortgage finance system remains a central question, as do questions about Fannie Mae, Freddie Mac and role of government in general. The question of how most Americans will finance their housing choices in a post-bubble world hangs in the balance. To consider the choices and help chart a course forward, the National Housing Conference (NHC) will host its annual Policy Summit on mortgage finance reform Friday, June 24, from 8:00 a.m. to 12:30 p.m. at the Columbus Club in Union Station. The event is open to members of the media.
Growing Number of Building Owners Around the World Combating Rising Energy Prices by Pursuing...
WASHINGTON, D.C. - June 16, 2011 - (RealEstateRama) -- Rising energy prices, government incentives and enhanced public image are driving energy efficiency in buildings to new heights as a growing number of building owners race to reduce energy consumption, according to the results of the fifth annual, global Energy Efficiency Indicator survey
Bay Area May Home Sales, Median Price Inch Up From April; Fall below 2010
La Jolla, CA. - June 15, 2011 - (RealEstateRama) -- The Bay Area housing market in May posted modest month-to-month gains in sales and median prices, but those same measures fell sharply from year-ago levels, which had been pumped up artificially by homebuyer tax credits. Move-up buying and new-home sales were especially weak last month, while the share of sales involving distressed properties, cash buyers and investors remained far above normal, a real estate information service reported.
CONSTRUCTION MATERIAL COST INCREASES PLAGUE CONTRACTORS IN MAY AS FINISHED BUILDING PRICES REMAIN FLAT,...
WASHINGTON, D.C. - June 14, 2011 - (RealEstateRama) -- Contractors suffered from a new round of price increases for key materials in May but were largely unable to pass their costs along to customers, according to an analysis of producer price index figures released today by the Associated General Contractors of America. Association officials said the ongoing cost squeeze—a result of sluggish demand for construction—threatens to drive more construction employees and firms out of work unless public officials lower barriers to public and private investment
Faris Lee Investments Launches Capital Markets Group Under the Direction of Financial Industry Veteran...
New York, NY - June 13, 2011 - (RealEstateRama) -- In a move to broaden its transactional, financial, and operational capabilities, Faris Lee Investments today announced the launch of the Faris Lee Capital Markets Group. The move provides an even deeper level of retail investment expertise to the firm and its clients. The leadership of Faris Lee believes that controlling the finance process is crucial to the profit, timing and certainty of closing an investment transaction. Richard Berlinghof, principal with Faris Lee Investments and a 26-year financial industry executive, has been named managing partner of the Capital Markets Group.
BuildFax, the Online Source for National Commercial and Residential Permit Information, Secures $13M in...
AUSTIN, TX - June 9, 2011 - (RealEstateRama) -- BuildFax, a division of BUILDERadius, today announced that it has successfully closed a new $4 million round of funding, led by DMGI and with the support of Environmental Data Resources Inc. (EDR) which is wholly owned by DMG Information Inc., the business information division of Daily Mail and General Trust, plc. Today’s round of funding follows a $9 million investment by the same group in 2009, bringing the total amount of funding for BuildFax to $13 million
SL Green Realty Corp. to Present at the NAREIT REIT Week 2011 Investor Forum...
New York, NY - June 8, 2011 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG) today announced that the Company's executive management team, led by Marc Holliday, Chief Executive Officer, will make a presentation at the NAREIT REIT Week 2011 Investor Forum on Wednesday, June 8, 2011 at 2:15 p.m. EDT. The presentation will be simultaneously webcast, in a listen-only mode, on the Company's website at www.slgreen.com in the investor section under the "Event Calendar & Webcasts" tab.
CT REIA June 2011 Monthly Meeting With Al Lowry – Investing In Foreclosures
West Hartford, Ct - June 7, 2011 - (RealEstateRama) -- CT REIA and Al Lowry presents: Secrets For Buying Foreclosures & Other Investment Properties
PCCP, LLC Provides $23.2 Million Senior Loan Commitment for Acquisition and Re-Development Financing of...
WASHINGTON, D.C. - June 6, 2011 - (RealEstateRama) -- PCCP, LLC has announced that it has provided a $23.2 million senior loan commitment for the acquisition and re?development financing of 2055 L Street, NW, a Class B+ office condominium located in the “Golden Triangle” of Washington D.C.’s CBD. The borrower/property owner is a joint venture between Monument Realty and Angelo Gordon & Co. which acquired the asset in December 2010. With this loan in place, the joint venture will now commence a six-month rehabilitation to the owned 102,000 square foot condominium office portion of the 237,000 square foot building.
CT REALTY INVESTORS ADDS CAPITAL INVESTMENT ADVISOR TO BOARD OF DIRECTORS
ALISO VIEJO, CA - June 3, 2011 - (RealEstateRama) -- Susan J. Barlow, chief executive officer of Newport Beach, Calif.-based Fiduciary Capital Inc., has been named to the board of directors for CT Realty Investors.
Connecticut Real Estate Investors Association (CT REIA) Announces June 2011 Business Entrepreneur Workshop
West Hartford, CT - June 2, 2011 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with the National Association of Small Business Owners, or NASBO, is announcing a new entrepreneur workshop for Connecticut business owners. This event will take place on Monday June 13, 2011 from 6:30 pm to 9:00 pm at the Sheraton Four Points, 275 Research Parkway in Meriden, CT. Online registration in advance is $24 and admission at the door is $49.
Online Real Estate Auctions Becoming More Popular
Newport Beach, CA - June 1, 2011 - (RealEstateRama) -- Bringing a property to market is easy, trading that property however can be difficult, especially in a depressed market. Yet there are a growing number of real estate professionals who are expanding their service offerings to compete and succeed in such conditions.
Colliers International Sells 60-unit –Apartment Community in Culver City, Calif. for 5.7 CAP Rate
Culver City, CA - June 1, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, recently sold a 60-unit apartment complex, The Keswick Court Apartments, located at 3902-3920 Lenawee Ave, Culver City, Calif.