Yearly Archives: 2012

Menendez, Reed, Warner, Merkley lead call for FHFA to fix flawed study on principal...

Washington, DC - April 4, 2012 - (RealEstateRama) -- U.S. Senators Robert Menendez (D-NJ), Chairman of the Housing Subcommittee, Jack Reed (D-RI), Chairman of the Securities Subcommittee, Mark Warner (D-VA), Chairman of the International Trade and Finance Subcommittee and Jeff Merkley (D-OR) today led a group of 30 Senators in calling on Acting Director of the Federal Housing Finance Agency (FHFA) Edward DeMarco to provide Congress with an accurate analysis of the effects on taxpayers of using principal forgiveness versus other mortgage modification options such as principal forbearance for loans backed by Fannie Mae and Freddie Mac.

Fund Offers Incredibly Low Interest Rate on 30-Year Fixed Mortgage

April 3, 2012 - (RealEstateRama) -- There has never been a better time to purchase a home in West Virginia. The West Virginia Housing Development Fund is providing qualifying families a 30-year fixed rate loan at 3.25%. Down payment and closing cost assistance loans are also available for those who qualify.

RE/MAX RECOGNIZES TOP PRODUCERS FOR 2011

Denver, CO - March 21, 2012 - (RealEstateRama) -- With an improving state of the economy, RE/MAX associates continue to find success and some were able to celebrate their most productive year yet at the RE/MAX Central Atlantic Region’s Top Producers Luncheon

IDX, Inc. makes online searches simple for Virginia home seekers

EUGENE, OR - March 16, 2012 - (RealEstateRama) -- IDX, Inc. pleased to announce the addition of Lisa Dahlke and Long and Foster Realty to the growing number of real estate professionals adopting the modern and efficient IDX Broker software to update their realty websites. With Dahlke’s partnership with the Metropolitan Regional Info System MLS (MRIS), thousands of property listings are now available on her website for all of her clients and home seekers to see and search through. Never before has finding the right home online been easier, now that Dahlke has changed her real estate website to better suit home seekers in Stafford, Virginia and the surrounding areas

One Billion in Sale Leaseback Transactions

Reston, VA - March 1, 2012 - (RealEstateRama) -- Calkain Companies is a leader in advising its corporate clients in single tenant net lease and portfolio sale-leaseback transactions. Calkain's team has closed nearly $1 billion in sale-leaseback transactions. The sale-leaseback transaction allows a company to sell corporately owned real estate and simultaneously lease it back under a long-term lease with the buyer of the real estate.

Perry Pilgrim and Associates join with IDX Broker to present innovative online property search

EUGENE, OR - February 28, 2012 - (RealEstateRama) -- IDX, Inc. is pleased to welcome the real estate expertise of Perry Pilgrim & Associates of Abbit Realty Company LLC to the growing network of realty professionals dedicated to serving the needs of their clients. Home seekers in Hampton, Virginia can now experience a dynamic online real estate search conveniently on the Paragon Real Estate. Chesapeake Bay and Rivers MLS (CBRMLS) property listings are now fully integrated onto Pilgrim’s search pages, giving potential buyers a comprehensive database to search through. Finding a home in and around Virginia has never been so easy!

Realtor upgrades Virginia real estate website by adopting IDX Broker software

EUGENE, OR - February 23, 2012 - (RealEstateRama) -- With new agents and brokers adding customizable IDX solutions daily, IDX, Inc. is pleased to welcome Joanne Poesch to the ever-expanding network of real estate professionals who have enhanced the online property search capabilities they host online. IDX Broker software now seamlessly integrates Metropolitan Regional Info System MLS (MRIS) listings directly onto the website Poesch supports. A thorough and comprehensive IDX enabled search page allows Broadlands, Virginia home seekers to quickly and easily find the property of their dreams without leaving the convenience of the website of Poesch

$23MM Zero Cash Flow Portfolio Transaction

Reston, VA - February 1, 2012 - (RealEstateRama) -- Calkain Companies’, a national real estate investment brokerage firm, recently completed a complex 1031 transaction involving two (2) zero-cash-flow properties (“zero(s)”) occupied by CVS (NYSE: CVS.) The purchaser was a large family LLC motivated by the foreclosure of an office building they had previously owned.

Calkain Companies Hires Florida Net Lease Specialist

Reston, VA - January 27, 2012 - (RealEstateRama) -- Michael Zimmerman, Vice President of Calkain Realty Advisors, is the newest addition to Calkain Companies’ growing team of experienced net lease investment advisors. Zimmerman is a veteran net lease practitioner has successfully procured in excess of $325 million in transactions throughout Florida and the southeastern United States, resulting in numerous awards and recognition from within the net lease industry. Having successfully advised and represented merchant developers and private equity investors, Michael is seen as an authority on the asset class in which he specializes

Chesapeake Men Indicted for Foreclosure Rescue Scheme

NORFOLK, VA - January 25, 2012 - (RealEstateRama) -- Philip Villasis, age 41, and Ray D. Gata, age 56, both of Chesapeake, Va., were indicted by a Norfolk federal grand jury on nine charges including conspiracy to commit wire fraud, wire fraud, and money laundering.

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Arlington County Board Approves Redevelopment of Former Bob Peck Site

Ballston project incorporates office buildings, affordable housing, ground-floor retail, townhouses ARLINGTON, Va.– The Arlington County Board today approved a mixed-use project for the last unplanned...

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Merchants Tire Chesapeake VA

The Boulder Group Arranges Sale of Single Tenant Net Leased Merchant’s...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Merchant’s Tire property located at 215 Hillcrest Parkway in Chesapeake, Virginia for $3,150,000