Archive for September, 2008

Luxury Suites International Completes First Year of Operations in a Unique Growing Market

Las Vegas Property Management-Hotel Marketing Company Thrives in Tough Times LAS VEGAS, Sept. 30 /PRNewswire/ [...]

Grubb & Ellis Healthcare REIT Acquires Medical Portfolio 4

SANTA ANA, Calif., Sept. 30 /PRNewswire-FirstCall/ — Grubb & EllisHealthcare REIT, Inc. today announced the acquisition of Medical Portfolio4, comprising five medical office buildings in Arizona, Ohio and Texas. “Medical Portfolio 4 is a geographically diverse group of healthcarefacilities that strengthen the Grubb & Ellis Healthcare REIT portfolio,”said [...]

Rowley Properties Appoints New CEO, Kari Magill

Issaquah company enters its third generation of family leadership ISSAQUAH, Wash., Sept. 30 /PRNewswire/ — Rowley Properties, a fixturein the Issaquah community, announces the promotion of Kari Magill to chiefexecutive officer, keeping family tradition alive by following in thefootsteps of her father Skip Rowley, who will remain [...]

Coldwell Banker Vinson Chase Modesto Goes Green by Planting 250 Trees

- Receives Sycamore Award From National Disclosure Authority MODESTO, Calif., Sept. 30 /PRNewswire-USNewswire/ — NationalDisclosure Authority (NDA), California’s leading independent hazarddisclosure company, announced today that Coldwell Banker Vinson Chase’sModesto office has been recognized for achieving NDA’s Sycamore Level, as aGreen Partner(TM), for planting 250 trees. [...]

Auction Fever Has Returned to the Greater Phoenix Area

Kennedy Wilson Auction Group Sells 30 Luxury Homes BEVERLY HILLS, Calif., Sept. 30 /PRNewswire/ — Kennedy Wilson AuctionGroup, a division of the national real estate services and investment firmKennedy Wilson, conducted an auction of 30 luxury residences located insome [...]

Fannie Mae Releases August 2008 Monthly Summary

WASHINGTON, Sept. 30 /PRNewswire-FirstCall/ — Fannie Mae’s (NYSE: FNM)August 2008 Monthly Summary is now available athttp://www.fanniemae.com/ir/monthly. The monthly summary report containsinformation about Fannie Mae’s monthly and year-to-date activities for ourgross mortgage portfolio, mortgage-backed securities and other guarantees,interest rate risk measures, and serious delinquency rates. For more information, please [...]

Walter Industries, Inc. Announces Plan to Separate Financing Business; Increases Share Repurchase Program by $50.0 Million; Provides Business Update

- Financing Business to Merge with Hanover Capital Mortgage Holdings Following Spin-Off - - Company Updates Third and Fourth Quarter 2008 Expectations on Timing [...]

Glimcher Executive to Participate in Panel Discussion at RBC Capital Markets’ Consumer Conference

COLUMBUS, Ohio, Sept. 30 /PRNewswire-FirstCall/ — Glimcher RealtyTrust (NYSE: GRT) one of the country’s premier retail REITs, todayannounced that its President and Chief Operating Officer, Marshall A. Loeb,will participate in a panel discussion followed by a question and answersession at the RBC Capital Markets’ Consumer Conference at the Grand Hyattin New [...]

Orleans Homebuilders Announces New Second Amended and Restated $440 Million Credit Agreement

BENSALEM, Pa., Sept. 30 /PRNewswire-FirstCall/ — Orleans Homebuilders,Inc. (Amex: OHB) announced that on September 30, 2008, OrleansHomebuilders, Inc. (the “Company”) and its lenders entered into the SecondAmended and Restated Revolving Credit Loan Agreement which provides anamendment and modification to the existing revolving credit agreementthrough December 2009. Jeffrey P. [...]

Down Payment Assistance Now Available for Northeast Georgia Home Buyers

LAWRENCEVILLE, Ga., Sept. 30 /PRNewswire/ - The Community Foundationfor Northeast Georgia, The IMPACT! Group, The Brand Banking Company and anetwork of local builders are partnering to provide down payment assistancefor consumers who buy a home in Northeast Georgia. Tough economic times and the recent turmoil in the mortgage [...]