Yearly Archives: 2009

HOUSTON, TX - July 21, 2009 - (RealEstateRama) -- An 11-count sealed indictment charging conspiracy and wire fraud has been unsealed following the arrests of Claymon "Butch" Trammell, Michelle Trammell and Jeannettea Williams, United States Attorney Tim Johnson announced today.

Houston, TX - July 20, 2009 - (RealEstateRama) -- Mayor Bill White today announced he is appointing businessman/attorney David Mincberg to the Houston Housing Authority (HHA) Board of Commissioners. Mincberg, CEO of Flagship Properties Corp., will fill an open seat on the board. He is expected to replace Timothy F. Seckinger in the chairman’s position. Seckinger will remain on the board during a transition period.

Houston, TX - July 15, 2009 - (RealEstateRama) — GlennLock's Sports Bar and Grill by Aaron Glenn, has signed a lease for 5,487 square feet of space at the 15-acre Renaissance at Greenspoint project, which is the first phase of the re-development of Greenspoint Mall by the Triyar Cannon Group. GlennLock's will be the premier sports bar and grill concept in the $32 million project slated to open in the Spring of 2010.

WASHINGTON, DC - July 10, 2009 - (RealEstateRama) – Today, U.S. Rep. Solomon P. Ortiz (TX-27) announced more than $2.7 million awarded in federal funding to assist families who are homeless throughout the 27th Congressional District of Texas with housing expenses.

Austin, TX - July 10, 2009 - (RealEstateRama) — Offering a cost-effective, highly professional choice for downtown Austin office space, Austin-based commercial real estate firm T. Stacy & Associates Inc. has launched Austin Centre Executive Suites at 701 Brazos St.

AUSTIN, TX - July 9, 2009 - (RealEstateRama) – Grubb & Ellis Realty Investors LLC today announced that it has built out and donated a 1,197-square-foot office unit at 816 Congress Ave. to four area nonprofit arts organizations rent-free for five years.

HOUSTON, TX - July 9, 2009 - (RealEstateRama) – Gov. Rick Perry today ceremonially signed House bills (HB) 8 and 3613, which will help slow the pace of increasing property appraisals, provide additional oversight for the appraisal process, and grant a total exemption for the homes of veterans who are disabled due to their service for our country.

AUSTIN, TX - July 7, 2009 - (RealEstateRama) — Do you consider yourself a would-be first time homebuyer eager to take advantage of current market conditions and the new federal homebuyer tax credit but don’t have enough ready cash on hand to make a down payment? The Texas Department of Housing and Community Affairs (TDHCA) has a solution for you.

Houston, TX - July 7, 2009 - (RealEstateRama) — Houston incurred 720,000 square feet of negative absorption in the second quarter of 2009, according to CB Richard Ellis' Houston research group. The loss nearly doubles the city's first quarter loss, signifying that even Houston's strong market is no match for the country's current economic situation

CB Richard Ellis Releases Second Quarter '09 Industrial Report. Houston, Texas - July 7, 2009 - (RealEstateRama) — According to CB Richard Ellis, the Houston industrial market remains stable. Absorption in the first quarter posted 207,123 square feet, ushering the mid-year absorption to a negative 118,827 square feet. While 888,505 square feet of new construction was delivered in the second quarter and, 3.4 million square feet are currently under construction, financial constraints continue to leave developers digging for capital to complete multi-tenant speculative properties.

AUSTIN, TX - July 6, 2009 - (RealEstateRama) — ‹ Developing commercial real estate just got easier. Combining advanced database technology with commercial real estate industry experts, Property Investment Connection (PIC) LLC proudly announces the launch of an all-new Web site that provides enhanced communication and maximizes networking opportunities for key professionals within the commercial real estate market.

Roswell, NM - June 30, 2009 - (RealEstateRama) — PrimeSource Mortgage, Inc. (PSMI) continues to open branches Nationwide. PSMI proudly announces the opening of an independently owned and operated (PSM) Branch in Graham, TX.

NEW BRAUNFELS, TX - June 30, 2009 - (RealEstateRama) — To call the manager at the New Braunfels McCoy’s Building Supply store new may be a bit of a misnomer. With more than 30 years of experience in the lumber business, newly appointed manager Bill Aldrich brings a wealth of knowledge to his team

San Antonio, TX - June 17, 2009 - (RealEstateRama) - John E. Murphy, Acting United States Attorney, announced that a federal jury this morning returned a guilty verdict against a San Antonio woman, who claimed to be a foreclosure prevention specialist, on seven counts each of criminal contempt and mail fraud.

Arlington, TX - June 16, 2009 - (RealEstateRama) - Equity Based Services, Inc. (“EBS”) announced the purchase of two Self Storage properties in the Dallas suburb of Arlington, TX. The two facilities are Assured “Median” Self Storage at 5500 Highway 287 and Assured “Sublett” Self Storage at 1800 Sublett Road.

SAN ANTONIO, TX - June 15, 2009 - (RealEstateRama) — Gov. Rick Perry today joined lawmakers in highlighting the importance of House Joint Resolution (HJR) 14 that allows Texans to vote on a constitutional amendment to strengthen land owners’ rights.

AUSTIN, TX - June 15, 2009 - (RealEstateRama) — Texas Attorney General Greg Abbott today welcomed state and local authorities, law enforcement officials, prosecutors and other interested Texans to the Office of the Attorney General’s (OAG) Mortgage Fraud Summit.

Houston, TX - June 12, 2009 - (RealEstateRama) — The Goodyear Tire & Rubber Company, one of the world's largest tire companies, has signed a new 17,658 square foot lease at the Hammerly Business Park. This marks the first tenant to sign-on at the new 140,000 square foot office/distribution warehouse, which is located at 1811 Brittmoore Road in northwest Houston, just off Beltway 8 and Interstate 10. The recently constructed facility is a development of Clay Development and Construction and is a deed-restricted park with regional detention and professional management.

Donations Encouraged to Support the Development of "Patriots by the Lake". HOUSTON, TX - June 12, 2009 - (RealEstateRama) — Plans to develop the nation's first-of-its-kind mixed-use waterfront community designed for and dedicated to veterans are now officially underway. The innovative development, known as Patriots by the Lake, is intended to offer veterans high-quality health care services, a combination of housing options, and an array of amenities and job opportunities for them and their families

AUSTIN, TX - June 11, 2009 - (RealEstateRama) – Brooke Boston, an executive with the Texas Department of Housing and Community Affairs (TDHCA), has been named to the list of 2009 Young Leaders by Affordable Housing Finance magazine. Boston currently serves as Deputy Executive Director for Community Based Programs, and also leads the Department’s Office of Recovery Act Accountability and Oversight.