Archive for September, 2007
Arlington County Board Approves Building, Zoning Fee Hikes
September 29, 2007 Posted by Virginia Real Estate
Fees to fund faster service and a new customer service center
ARLINGTON, VA, September 18, 2007 – The Arlington County Board today approved fee increases for building and zoning permits expected to bring in nearly $7.5 million in new revenue for Fiscal Year 2008. The new fees go into effect October 1, 2007.
The Regus Group Completes Deal to Occupy 20,000 Foot Business Center in Manassas, Virginia
September 27, 2007 Posted by Virginia Real Estate
The new Manassas business center offers Regus clients the competitive rental rates of Prince William County, easy access to major highways, and proximity to Washington D.C.
DALLAS, Sept. 27 /PRNewswire-FirstCall/ — The Regus Group (LSE: RGU), the world’s largest provider of fully furnished and equipped offices with 950 locations in 70 countries, today announced that it […]
County’s single family assessments rise an average 4.83%
September 26, 2007 Posted by Virginia Real Estate
James City County’s average single family residential reassessment increase is 4.83 percent. The County’s taxable real estate tax value increased by approximately 8.74 percent to $10.68 billion for FY 2008. Property reassessment notices will be mailed beginning Aug. 24 to owners of 25,986 properties whose property has changed in assessed value.
Vornado Investors Warned of Potential BRAC Impact
September 25, 2007 Posted by Virginia Real Estate
Newsletter Highlights Potential Implications of Crystal City Changes on Vornado
ARLINGTON, Va., Sept. 25 /PRNewswire-USNewswire/ — Real estate giant Vornado Realty Trust (NYSE: VNO) will disproportionately bear the impact of upcoming Crystal City job shifts, according to a new newsletter distributed to nearly 1,000 shareholders, market analysts, media outlets, and business leaders by the Service Employees […]
Can Government Ease Subprime Mortgage Woes? Finance Expert’s Study Explores Remedies, Dangers
September 18, 2007 Posted by Virginia Real Estate
(Alexandria, VA), Sep 7, 2007 — Some policymakers are pressing for government intervention to nurse ailing “subprime” mortgage markets and consumers back to health, but a new study commissioned on behalf of the nonpartisan National Taxpayers Union (NTU) is delivering a warning: don’t overmedicate.
Mortgage Rates Fall This Week Helping Those with Resetting ARMS
September 13, 2007 Posted by Virginia Real Estate
Lower Rates Help Homeowners with Rates Ready to Reset
McLean, VA – Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 6.31 percent with an average 0.5 point for the week ending September 13, 2007, down from last week when it averaged 6.46 […]
Fairfax County Local Real Estate Market
September 8, 2007 Posted by Virginia Real Estate
With over 1 million residents with an estimated increase each year there is always a need for housing whether it is to buy, sell or rent. Shelter is the first necessity to live. The median income for Fairfax County is $94,610 which is the 2nd highest median household income in the United States.
GID Investment Advisers LLC Acquires 244-unit Io Piazza In Arlington, Virginia
September 7, 2007 Posted by Virginia Real Estate
Boston, Sept. 7, 2007 — GID Investment Advisers LLC (“GID”) announced today that it has acquired the 244-unit Io Piazza, a luxury high-rise apartment building. The asset, which will be renamed Io Piazza, a Windsor Community, is located in Shirlington Village, one of Arlington, Virginia’s most successful and dynamic mixed-use neighborhoods. The site is located […]
HHHunt Opens Its 22nd Senior Residential Facility
September 6, 2007 Posted by Virginia Real Estate
RICHMOND, Va., Sept. 6 /PRNewswire/ — HHHunt’s Senior Living Division has opened its 22nd facility — a 74,000-square-foot, $10-million assisted living community featuring 80 residential suites in Midlothian, Va.
Offering of New $3 Billion Five-Year Reference Notes® Security
September 4, 2007 Posted by Virginia Real Estate
McLean, VA – Freddie Mac (NYSE: FRE) announced today that it plans to issue a new $3 billion five-year USD Reference Notes® security, CUSIP number 3137EAAZ2, due on October 25, 2012. Additionally, the company also plans to launch a $1 billion reopening of its 5% two-year USD Reference Notes security that matures on June 11, […]