
Water front views, Energy-Star appliances, cultured marble vanities and ceramic tile floors are just a few of the amenities that allow the Housing Authority of Pompano Beach and Pinnacle Housing Group to redefine the notion of affordable housing. On September 17th, Golden Square and Golden Villas, located at 1415 N.W. 18th Drive, introduced the new face of quality affordable rental communities. A Grand Opening and ribbon-cutting ceremony celebrated...

The affluent consumer market is on the rise. The Luxury Consumption Index (LCI) shows that consumer confidence is increasing, as the average dollars spent on luxury goods is up ytd and from first quarter to second quarter of this year. Buyers, brokers and developers alike express optimism, forecasting that the more than two-year decline in homes sales is over and that the consumer market is emerging from the recession, putting purchasing power back...
Desarrolladora Homex, S.A.B. de C.V. announced its guidance for 2009. The Company expects to perform favorably in the year ahead with revenue growth in the range of 8 to 10 percent and EBITDA(1) margin in the range of 23.0 percent to 24.0 percent bolstered by continuing demand for affordable entry-level homes and the favorable mortgage conditions to finance them under federal housing programs. During 2009, Homex expects challenging macroeconomic conditions...
Global Solar Energy, a leading manufacturer of Copper Indium Gallium diSelenide (CIGS) thin-film solar cells, today announced the full operation of the largest solar electric array worldwide using CIGS photovoltaic (PV) technology. The 750-kilowatt (kW) system, located at Global Solar’s manufacturing facility in Tucson, is the first commercial-scale deployment of the company’s highly efficient CIGS thin-film solar technology and will help power...
Shaken by the global credit turmoil, BC’s multi-family investment market faces a repricing of properties, according to Avison Young (Canada) Inc.’s “Fall 2008 BC Real Estate Multi-Family Investment Report”, released today. “There is now a standoff between purchasers, who in the wake of the global credit meltdown have changed their pricing expectations; and vendors, who are looking for yesterday’s pricing in a much...
NeighborWorks® America announced that Brian D. Montgomery, Assistant Secretary for Housing and Federal Housing Commissioner of the U.S. Department of Housing and Urban Development (HUD), is the recipient of the 2008 NeighborWorks® Government Service Award for Meritorious Service. The NeighborWorks Government Service Award is an honor that recognizes elected or appointed officials at the local, state, and federal levels who have made significant...
ServiceLink, a leading provider of origination and default services and the national mortgage services platform of Fidelity National Financial (NYSE:FNF), offers loan modification solutions to meet the immediate needs of lenders and servicers. ServiceLink provides a comprehensive suite of settlement services for all modification types, from rate resets and payment recasts to complex loan term adjustments. Lenders and servicers can streamline their...
iEmergent, a Des Moines, Iowa-based market research, forecasting and advisory services firm for the financial services, mortgage and real estate industries, issued its Mortgage Volume Forecasts for 2009 – 2013, including its Market Behavior Metrics tables, in order to provide lenders details on the size, density and speed of growth of mortgage lending opportunities. The forecasts provide lending details regarding expected loan volumes at the national,...
Standard Pacific Corp. will broadcast a synchronized slide show and audio presentation to the investment community in conjunction with the Bank of America 2008 Credit Conference in Orlando on November 21st, 2008 at 8:30 am EST. Interested parties can access a live web-cast of the presentation by clicking the link to our website at http://www.standardpacifichomes.com/ir, then the Bank of America conference icon. Viewers are encouraged to log on approximately...
The Executive Centre on Merchant Street in Cincinnati, a 521,000-square-foot office building housing General Electric and CINCOM Systems, Inc., recently announced completion of building-wide renovations that will drastically reduce energy use and greenhouse gas emissions in its three buildings. As a result of the renovations, the building’s property manager, CB Richard Ellis, anticipates more than $40,000 in savings per year from reduced energy...