Real Estate Central

Speaking Out From Across the Nation: Former Illinois Sen. Carol MoseleyBraun, Maryland Lt. Gov. Kathleen Kennedy Townsend and Oregon Gov. BarbaraRoberts Call For Action; NoVoterLeftBehind.net Seeks Volunteers, Support toKeep GOP From Stealing the 2008 Election WASHINGTON, Oct. 8 /PRNewswire-USNewswire/ — Three leading formerelected officials from Maryland, Illinois and [...]

ARLINGTON, Va., Oct. 7 /PRNewswire-FirstCall/ — Interstate Hotels &Resorts (NYSE: IHR), a leading hotel real estate investor and the nation’slargest independent operator of full- and select-service hotels, todayannounced that the company will release third-quarter 2008 financialresults on Wednesday, November 5, 2008, before the market’s opening.Management will hold a conference call at [...]

BERKELEY, Calif., Oct. 7 /PRNewswire/ — Michigan Democrats haveaccused the state Republican Party of planning to challenge voters whosehouses are in foreclosure by claiming that the homeowners are no longerentitled to claim their homes as their legal residences. Republicanofficials have denied the charge, which was first reported in thepublication the Michigan [...]

WASHINGTON, Oct. 6 /PRNewswire-FirstCall/ — DuPont Fabros Technology,Inc. (NYSE: DFT), a real estate investment trust (REIT) that acquires,develops, owns and operates wholesale data centers, today announced thatthe Company will host a conference call and audio webcast on Thursday,November 6 at 10:00 a.m. ET to discuss its third quarter 2008 financialresults and [...]

Countrywide to pay nearly $10 million, providing assistance for morethan 10,000 struggling Michigan families LANSING, Mich., Oct. 6 /PRNewswire-USNewswire/ — Attorney General MikeCox today announced a major settlement between the State of Michigan andCountrywide Financial, the nation’s largest mortgage lender, resulting fromallegations of predatory lending. The settlement will [...]

BOSTON, Oct. 6 /PRNewswire/ — Halloween merchandise sets a festivetone at Stoughton, Massachusetts’, first Target, a 144,000 square-footstore set to open Sunday, October 12. Shoppers can enjoy convenient shopping year-round in the two-levelTarget, which features parking on the first level and merchandise on thesecond. The layout was designed [...]

As many as half a million people are hunting for homes, condos and apartments to rent because of foreclosure prevention failure

The wave of real estate foreclosure is not expected to end soon, so those looking to turn lemons into lemonade should begin to pay attention Foreclosure investing could be a bright spot in an otherwise dismal real estate market…

Borosage: ‘Bad bill for Wall St. is no substitute for help needed forMain St.’ WASHINGTON, Oct. 3 /PRNewswire-USNewswire/ — With House leadersexpecting to deliver the votes needed for the massive $700 billionfinancial industry bailout today, progressive leaders promised to increasethe pressure for measures to get the real economy [...]

18 Organizations Receive Funds from MSHDA for Developing VibrantCities, Towns and Villages LANSING, Mich., Oct. 3 /PRNewswire-USNewswire/ — Governor Jennifer M.Granholm today announced that grants totaling $2,168,400 have been awardedto 18 nonprofit organizations through the Michigan State HousingDevelopment Authority (MSHDA) from the newly funded Michigan Housing andCommunity Development [...]

HONG KONG, Oct. 3 /Xinhua-PRNewswire/ — Addchance Holdings Limited(HKEx: 3344.HK) has successfully disposed Tai Tong Factory Building to anindependent third party for an aggregate consideration of about HK$53.4million, a price higher than the valuation of the property, which helpedstrengthen Addchance’s cash flow and financial position. The transactionwas completed on 30 September [...]