ZipRealty, Inc. (Nasdaq: ZIPR ) announced that Lanny Baker has agreed to join the Company and will assume the role of Chief Financial Officer of the Company, effective December 1, 2008. David Rector, Senior Vice President, Chief Accounting Officer, and Chief Financial Officer, will remain with the Company as Senior Vice President and Chief Accounting Officer. Mr. Rector has been with ZipRealty since 2002 and has served in the role of Chief Accounting...
As the number of foreclosures in Arizona reaches an unprecedented high, buyers seeking the best value in Bank Owned Property are forced to pay subscription fees for the latest listings. Bank Owned Property AZ, however, announced today that it has made this expense obsolete. The Scottsdale, Ariz., brokerage – founded by multimillion-dollar sales producers Drew de Weerd and Leon Gavartin – updates Bank and Lender Owned listings daily at www.BankOwnedPropertyAZ.com...
Regions Financial Corporation (NYSE:RF) announced that it has reached out to over 103,000 residential first mortgage and home equity customers in the first year of its program to help customers avoid hardship. As a result, Regions has taken steps including renegotiating the terms of mortgages, keeping families in their homes and allowing the company to maintain a foreclosure rate of less than one percent for residential first mortgages. “We have...
Citi Foundation awarded Enterprise Community Partners a $500,000 grant in support of its Green Communities ® initiative, the largest effort in the U.S. to bring the benefits of green building to low-income people. The grant will support the continued growth and expansion of Green Communities by enabling Enterprise to create more green affordable developments, deepen technical support in improving building energy performance and tap the emerging...
The Streets of Buckhead, a world-class luxury destination that combines international boutiques, fine dining and exclusive residences in a streetscape setting welcomes upscale clothiers Brioni, Leggiardo and Shirts & Co. by Domenico Vacca. Ben Carter, founder and chairman of Ben Carter Properties, is creating the region’s premier luxury shopping experience in the heart of Atlanta’s affluent Buckhead community. The development already boasts...
Teles Properties, Los Angeles’ fastest-growing residential real estate agency, celebrates its one year anniversary with the addition of yet another top-producing agent. As the brokerage bucks the industry trend with an expansion into Brentwood, Teles Properties welcomes agent Carol Whitley to its burgeoning team of seasoned, local market realtors. “As we reflect on our first year in business, to say that we’re elated with our progress would...
Tresor Properties, a premier Laguna Beach, Calif., real estate investment, construction and brokerage company, has selected renowned architect Mark Singer to develop two oceanfront homes in Laguna Beach. “We enjoy working with Mark [Singer] and seeing the results of his innovative and pioneering approach to luxury home design,” said Jeff Fischbeck, vice president of sales and investments at Tresor Properties. “These exquisite upcoming properties...
MortgageBrokers.com Holdings, Inc. one of North America’s fastest growing new mortgage broker brands and mortgage consolidation companies, announced record financial results for the third quarter of 2008. The Company recorded gross revenues of $5,420,443 for the 3rd quarter of 2008 which is an increase of 60% over 3rd quarter 2007 revenue. The third quarter performance also represents a sequential quarterly increase of 25% over the second quarter...
Guardian Management LLC (Guardian), a Pacific Northwest real estate investment and asset management firm specializing in multifamily housing investments, has signed preliminary agreements to acquire the real estate portfolio of Atherton-Newport Investments (ANI). ANI is a multifamily housing firm, based in Orange County California, which has been working under Chapter 11 reorganization since January. The assets to be acquired by Guardian include more...
California luxury home prices declined in the third quarter of 2008 from a year ago and from the second quarter of 2008, according to the First Republic Prestige Home Index(TM) by First Republic Bank, a leading provider of private banking, private business banking and wealth management services. In the quarter ended Sept. 30, 2008, the Index indicated the following: – Los Angeles area values fell 1.9% from the second quarter of 2008 and 4.2%...