Yearly Archives: 2009

AUSTIN, TX - October 16, 2009 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) today awarded $277,676 in disaster recovery funds to help restore Houston’s stock of affordable rental housing damaged or destroyed by Hurricane Ike.

WASHINGTON, DC - October 16, 2009 - (RealEstateRama) -- The city of Killeen has been awarded two grants totaling $1,453,317 from the U.S. Department of Housing and Urban Development, Congressman John Carter (TX-31) announced today.

WASHINGTON, DC - October 16, 2009 - (RealEstateRama) -- A $515,508 grant awarded to the City of Temple will help develop a more viable community, provide decent housing and expand economic opportunities, Congressman John Carter (TX-31) announced today.

FORT WORTH, TX - October 15, 2009 - (RealEstateRama) -- Texas families facing foreclosure, seeking affordable rental housing, or hoping to buy their first home will have a greater opportunity to find housing, or keep the homes they have, because of $2,934,197 in housing counseling grants announced today by the U.S. Department of Housing and Urban Development

FORT WORTH, TX - October 15, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced that 31 cities and four counties in Texas will receive a total of $76,571,141 to support community development and produce more affordable housing.

Washington, DC - October 15, 2009 - (RealEstateRama) -- Yesterday Congressman Al Green (TX-09) delivered a statement in the House of Representatives expressing his support for three House Resolutions that convey condolences and solidarity to the people of the Philippines, Samoa, American Samoa and Indonesia, due to the natural disasters that have struck these nations in the past few weeks.

Washington, DC - October 13, 2009 - (RealEstateRama) -- Congresswoman Eddie Bernice Johnson today announced a total of $34,155,666 in U.S. Department of Housing and Urban Development grants for the 30th Congressional District of Texas.

WASHINGTON, DC - October 14, 2009 - (RealEstateRama) -- The City of Georgetown will be able to continue improving energy alternatives as part of a $100,000 project to develop a solar panel facility, Congressman John Carter (TX-31) announced today.

Houston, TX - October 9, 2009 - (RealEstateRama) -- The Mayor’s Office of Veteran Affairs today hailed the awarding of $2.1 million in grants from the Veteran’s Administration to two local agencies to help house homeless veterans in Houston.

Houston, TX - October 3, 2009 - (RealEstateRama) -- Today, Houston residents attended a housing foreclosure prevention workshop hosted by U.S. Congressman Al Green (TX-09) and learned about strategies they could use to avoid losing their home, such as loan modification, refinancing services and assistance from the federal government.

Houston, TX - October 7, 2009 - (RealEstateRama) -- The Radisson Denver North, Colorado, Texas has been sold. Lisa Hankamer of CB Richard Ellis' Hotels Group, announced that the sale of the 133-unit, interior corridor property occurred at the end of September 2009. The Hotel, which is a local landmark, has great visibility along I-25, just 10 minutes north of Downtown Denver and was sold free-and-clear of management and franchise affiliation. The new owners, Stone Castle Corporation, has over 20 year's experience operating hotels in the state of Colorado and have a proven track record for repositioning hotels within their respective market arenas. Approximately $6 million will be spent on upgrading the facility and rebranding. The group has a history operating under most of the major brands and has been quite successful in capturing a broader market base through their repositioning.

Washington, DC - October 2, 2009 - (RealEstateRama) -- Congressman Henry Cuellar (TX-28) today announced that 30 low-income families in Hidalgo County are closer to reaching the American dream thanks to $1 million awarded to Affordable Homes of South Texas, Inc., by the U.S. Treasury Department.

Washington, DC - October 1, 2009 - (RealEstateRama) -- Congresswoman Eddie Bernice Johnson today announced that the U.S. Department of Housing and Urban Development (HUD) has awarded 270 housing choice vouchers to the Dallas Housing Authority. The vouchers are a replacement for units in Rhoads Terrace, a public housing development that the Dallas Housing Authority demolished.

WASHINGTON, DC - September 25, 2009 - (RealEstateRama) -- U.S. Rep. Solomon P. Ortiz (TX-27) announced more than $530,000 in funding to renovate public housing units in the Cameron County Housing Authority from the American Recovery and Reinvestment Act.

Washington, DC - September 21, 2009 - (RealEstateRama) -- Congressman Silvestre Reyes (D-TX) today announced that the U.S. Department of Housing and Urban Development (HUD) will award a $8,248,000 competitive federal grant to the Housing Authority of the City of El Paso (HACEP).

Dallas, TX - September 17, 2009 - (RealEstateRama) -- Equity Based Services, Inc. (“EBS”) announced today that they have purchased Advantage Storage in Rockwall, TX.

FORT WORTH, TX - September 9, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced that Denison, El Paso, Fort Bend County, Longview and Tyler will receive a total of $18,781,606 to support community development and produce more affordable housing.

ATLANTA, GA - September 11, 2009 - (RealEstateRama) -- IHG (InterContinental Hotels Group) [LON: IHG, NYSE:IHG (ADRs)], the world's largest hotel group by number of rooms, today announced the Crowne Plaza Dallas Downtown will open within a month. The conversion hotel has undergone a $14 million renovation from the Hampton Inn Dallas-West End-Convention Center.

Wilmer, TX - September 8, 2009 - (RealEstateRama) -- US Industrial REIT II, an affiliate of USAA Real Estate Company, recently leased 286,000 square feet within its I-45 Tradeport 1 distribution facility, located at 101 Sunridge Blvd. in Southeastern Dallas County, to an undisclosed tenant.

HOUSTON, TX - September 8, 2009 - (RealEstateRama) -- Hines, the property and leasing manager for Phoenix Tower in Houston, on behalf of building owner FSP Phoenix Tower Limited Partnership (“FSPLP”), announced today that StarTex Power has expanded their lease space in the building by 9,922 square feet, bringing their total leased space on the premises to 20,038 square feet.