Latest News from Bergen County Real Estate

Free Maryland-Area Workshops Teach How to Fund Real Estate Investments With Non-Traditional Lending

Thu, 17 May 2012 11:57:15 EDT

Free 90-minute workshops in the Baltimore-area May 23, and 24 will introduce attendees to the tools and concepts of how to bypass banks and leverage non-traditional lending to fund profitable real estate investments. Hosted by Private Money Exchange, a wholly-owned subsidiary of Secured Investment Corp., a leader in full-service education, training and financial products for the real estate investor, the free workshops are expected to be full. Advanced reservations can be made at www.pr.myfastfunding2012.com.

Yardi Acquires ista North America’s Multifamily Services Group

Thu, 17 May 2012 11:48:12 EDT

Yardi announced today that it has acquired ista North America’s (NA’s) Multifamily Services Group (MSG), a leading supplier of energy and water metering, billing and management services.

Realtors(R) Raise Awareness at Real Estate Rally

Thu, 17 May 2012 11:46:48 EDT

An estimated 10,000 Realtors® converged on the grounds of the Washington Monument today to make their voices heard on behalf of homeowners, real estate investors, and those who aspire to homeownership.

iLevel Solutions Announces Participation in Upcoming Private Equity Software Events

Thu, 17 May 2012 11:43:10 EDT

iLevel Solutions announced its participation in the following upcoming industry conferences:

Calloway REIT Declares May 2012 Distribution

Thu, 17 May 2012 11:23:15 EDT

Calloway Real Estate Investment Trust ("Calloway") (TSX:CWT.UN) announced that the trustees of the REIT have declared a distribution for the month of May 2012 of CDN$0.129 per trust unit, representing CDN$1.548 per unit on an annualized basis. Payment will be made on June 15, 2012 to unitholders of record on May 31, 2012.

Williams & Williams to Auction 9+/- Miles of Undeveloped Pacific Coastline

Thu, 17 May 2012 11:00:21 EDT

Williams & Williams, the premier brand in real estate auctions, today announced Flor de California, 9+/- miles of undeveloped oceanfront land in Baja California Sur, will auction on Thursday, May 31 at noon CDT. The property consists of 11,452+/- acres (4,634+/- hectares) of oceanfront land with unprecedented access to fresh water and the main highway in Baja California Sur, Mexico.

Resource America's CVC Credit Partners Named Best CLO Manager

Thu, 17 May 2012 11:00:20 EDT

Resource America, Inc. (NASDAQ: REXI) (the "Company") announced today that CVC Credit Partners, a global credit management company that it owns with CVC Capital Partners, won the global award for 'Best CLO Manager' at the 2012 Creditflux CLO Manager Awards.

Urban Airship Unveils Next-Generation Infrastructure for Real-Time Push Notifications

Thu, 17 May 2012 11:00:18 EDT

Urban Airship, the leading platform provider for high-performance push messaging, today detailed significant performance improvements to its infrastructure to be released with Urban Airship Segments this quarter. An initial test of the new system delivered both broadcast and segmented push notifications at a throughput of more than 100,000 messages per second, with a 90th percentile latency of two seconds to first message delivery. As the company experiences exponential growth in push notification volume and approaches a billion mobile device instances that require open connections to its system, app developers can leverage this massively scalable messaging infrastructure to reach users in real-time.

Long Island Capital Alliance and Brookhaven National Laboratory Announce Technology Transfer Capital Forum on June 8, 2012

Thu, 17 May 2012 10:30:30 EDT

The Long Island Capital Alliance ("LICA"), the leading non-profit capital formation and business development organization serving regional companies, today announced the presenting companies and panelists for its Technology Transfer Capital Forum to be held on June 8, 2012. The event is being conducted in furtherance of an alliance between LICA and Brookhaven National Laboratory (BNL), a world-leading research institution. The Technology Transfer Capital Forum is being held in an effort to facilitate the formation and acceleration of high-growth businesses on Long Island, based on technologies developed at BNL.

Ernst & Young Announces Lifetime Achievement Award Recipients and Finalists for the Entrepreneur of The Year® 2012 Award in Florida

Thu, 17 May 2012 10:06:24 EDT

Ernst & Young LLP has announced the finalists for the Ernst & Young Entrepreneur Of The Year 2012 Award in Florida. The awards program recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities.

Guardian Equity Management and Catalyst Property Solutions Form a Joint Venture

Thu, 17 May 2012 10:00:06 EDT

Guardian Equity Management and Catalyst Property Solutions today announced the joint venture of the two Houston-based companies. The move allows Guardian, a multifamily property investment firm, to boost its property management services offering and enhance its investment services program. Catalyst provides nationwide property management and receivership solutions through a network of affiliated property management firms that are specialized in their markets. This offers a one-stop property management partner with local market expertise.

U.S. Stock Exchanges Should Take Steps to End Reverse Merger Fraud by Many Chinese Companies, Says Marks Paneth & Shron

Thu, 17 May 2012 09:30:18 EDT

Steven L. Henning, Ph.D., CPA, Partner-in-Charge of the Litigation and Corporate Financial Advisory Services Group at Marks Paneth & Shron LLP and a member of the Listing Qualifications Panel at NASDAQ, has published an article examining the increase in reverse merger fraud on U.S. exchanges on the part of Chinese companies in Financial Fraud Law Report.

Marine Resources Group Makes the Move to the Cloud with Virtustream xStream

Thu, 17 May 2012 09:12:42 EDT

Virtustream, Inc., the leading cloud solutions provider, today announced that Marine Resources Group (MRG), one of the largest maritime services companies in the United States, has deployed Virtustream’s xStream enterprise cloud solution to drive profitability and maintain its competitive edge in the marine services market.

Apollo Commercial Real Estate Finance, Inc. to Present at Wells Fargo Securities Specialty Finance Symposium

Thu, 17 May 2012 09:00:21 EDT

Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI") (NYSE: ARI) today announced Stuart Rothstein, the Company's Chief Executive Officer and Chief Financial Officer, is scheduled to present at the Wells Fargo Securities Specialty Finance Symposium on May 23, 2012 at The Waldorf Astoria in New York, NY. The ARI presentation is scheduled to begin at 8:00am ET.

Teekay Offshore Partners Reports First Quarter Results

Thu, 17 May 2012 09:00:13 EDT

Teekay Offshore Partners L.P. (NYSE:TOO) -

Just Energy Reports Fiscal 2012 Annual and Fourth Quarter Results

Thu, 17 May 2012 08:50:48 EDT

Just Energy Group Inc. (NYSE:JE)(TSX:JE)

Hot Job Markets Not Driving Home Searches According to Trulia

Thu, 17 May 2012 08:00:55 EDT

the first housing report that starts with where homebuyers and renters are today and provides the inside scoop on where they want to live tomorrow. The Spring 2012 report examines all property searches on Trulia among all U.S. metros between April 1, 2011 and March 31, 2012.

New RPost Cloud Partner Program Provides Enhanced Integration and Patent Protection

Thu, 17 May 2012 08:00:54 EDT

RPost, the inventor of Registered Email services, today announced a new RPost Cloud Partner Program which provides a web-based console to configure services, and aggressive enforcement of 36 patents covering email legal delivery proof, encryption, e-signature, and large file transfer to assure partner revenues. Under the direction of Wei Lin, a new Vice President of Alliances, the move enables partners to better serve their customers, while protecting them from competitors who would infringe on their protected revenue streams.

WEPOWER Ecolutions Presents Orion Lighting Solutions at 2012 RECon, Las Vegas

Thu, 17 May 2012 07:45:32 EDT

WEPOWER Ecolutions Inc. (the "Company"), a wholly owned subsidiary of Premier Holding Corp. (OTCBB: PRHL), an energy service provider and integrator of clean energy solutions ("WEPOWER"), is pleased to present Yale/Chase Equipment and Services of Southern California (a division of Orion Energy Systems of Southern California, authorized dealer of Orion Energy Systems) (NYSE Amex: OESX) Lighting Solutions at its exhibitor booth at International Council of Shopping Centers (ICSC) during its annual Global Retail Real Estate Convention (RECon) at the Las Vegas Convention Center in Las Vegas, Nev., from May 20 to 22, 2012.

UNR Holdings Announces First Quarter 2012 Financial Results

Thu, 17 May 2012 07:01:01 EDT

UNR Holdings, Inc. (OTCBB: UNRH) ("UNR" or the "Company"), a leading commercial and residential real estate development and construction company, operating principally in the city of Moscow and its suburban communities, and also a provider of infrastructure construction services for government oil and gas projects in the Russian Federation, today announced its financial results for the quarter ended March 31, 2012.

BYTEGRID(TM) Aligns and Strengthens Management Team With Key Appointments

Thu, 17 May 2012 06:55:01 EDT

BYTEGRID, an emerging company focused on the national acquisition, development and operation of premier wholesale data center facilities, today announced key management additions. Don Goodwin was named Executive Vice President, Marketing and Leasing, and Joe Solis was named VP Finance & Controller.

Twigs Cafe Encourages Tourists to Use Local Technology to Locate Local Businesses

Thu, 17 May 2012 06:00:23 EDT

Frommer's is making traveling much easier for tourists with its new digital travel guides. According to a MSNBC news article, the guidebook publisher's newest product has touchscreen capabilities similar to the iPad, iPhone and iPod touch. Locally owned eatery Twigs Café Restaurant is confident the technology will greatly benefit Tunkhannock, located in Northeastern Pennsylvania.

ILG Energy Helps Clients Maneuver New Fracking Guidelines

Thu, 17 May 2012 06:00:00 EDT

and these regulations could have serious ramifications for natural gas companies. A business called ILG Energy is seeking to help natural gas producers maneuver these new federal guidelines, however, and to maintain profitability and business efficiency even in the face of changing regulations.

U.S. Foreclosure Activity Shifting Eastward According to RealtyTrac(R) U.S. Foreclosure Market Report

Thu, 17 May 2012 00:01:02 EDT

were reported on 188,780 U.S. properties in April, the lowest monthly total since July 2007.

Feldman Sets Record Dates for Special Cash Distribution and Warrants

Wed, 16 May 2012 17:00:07 EDT

Feldman Mall Properties, Inc. (PINKSHEETS: FMLP) (the "Company") made the following announcement:

Allied Properties Real Estate Investment Trust Announces Acquisition of Class I Office Complex in Kitchener

Wed, 16 May 2012 16:57:55 EDT

Allied Properties REIT (TSX:AP.UN) announced today that it has entered into an agreement to purchase the following property for $61.75 million:

PeopleCube’s Workspace Manager Accepts CAD Imports for Quicker Scheduling Setup

Wed, 16 May 2012 15:30:19 EDT

PeopleCube, provider of intelligent workplace management technology, today announced that Workspace Manager, a simple visual-based room- and desk-scheduling solution for organizations of all sizes, accommodates the import of CAD diagrams to ease the process of finding and reserving a room, workspace, or resource. In addition, the software now supports the Google Chrome browser, enables administrators to easily monitor new and changed reservations made via Outlook, and provides improved synchronization with Outlook.

Northern Illinois University Honors Sikich Partner

Wed, 16 May 2012 14:18:16 EDT

Richard A. Thompson, CPA, partner at Sikich LLP, a leading accounting, advisory, technology and managed services firm, was recently honored with an Outstanding Accountancy Alumni Award from Northern Illinois University (NIU). This honor recognizes Thompson for his professional achievements and continued support of NIU's Department of Accountancy, as well as Sikich's commitment to delivering a unique and inspiring employment experience for past and future NIU alumni.

Allied Properties Real Estate Investment Trust Announces May Distribution

Wed, 16 May 2012 14:16:36 EDT

Allied Properties REIT (TSX:AP.UN) announced today that the Trustees of the REIT have declared a distribution of $0.11 per unit for the month of May, 2012, representing $1.32 per unit on an annualized basis. The distribution will be payable on June 15, 2012, to unitholders of record as at May 31, 2012. The REIT has 55,920,672 units issued and outstanding.

Patient Investing by Developer Allows Seaside to Thrive as New Urban Icon Celebrates 30th Year

Wed, 16 May 2012 13:08:59 EDT

Why has Seaside, Florida, the icon of New Urbanism, thrived while many of its neighbors on the Gulf Coast have gone belly up during the Great Recession? "Patient investing," says town founder Robert Davis. Davis chose to pursue the patient investment model after nearly losing a project due to a market downturn in the 1970s. Over the past 30 years, Davis and his wife, Daryl, who helped create Seaside, have stuck with the development as a long term investment, rather than going for quick rewards in the short term.

Neither Rain nor Sleet nor Mother's Day Can Stop Real Estate Pros

Wed, 16 May 2012 12:38:04 EDT

Mother's Day is that one day we all stop and take time out to honor those special ladies who helped raise us or those who are the mothers of our children. However, as is the case with most holidays, the buying and selling of real estate does not stop. For the customers of Midwest Real Estate Data (MRED), Mother's Day is not a day off; but they manage to find ways to do business and still honor their moms.

glendonTodd Capital LLC Acquires Toutatis Inc.

Wed, 16 May 2012 12:36:23 EDT

glendonTodd Capital LLC, a private equity firm that focuses on investments in operating companies and in investments in real estate, announces the acquisition of Toutatis Inc. by glendonTodd Capital LLC and Performa Partners.

"30 Under 30" Realtors(R) Represent Future of Real Estate Profession

Wed, 16 May 2012 11:29:31 EDT

Today's real estate market is challenging and competitive, but this year's REALTOR® Magazine "30 Under 30" honorees haven't let that deter them. The 2012 class is following in the strong entrepreneurial tradition of real estate, creating their own pathways to success.

Osisko Enhances Credit Agreement With CPPIB

Wed, 16 May 2012 11:22:55 EDT

Osisko Mining Corporation ("Osisko" or the "Company") (TSX:OSK)(FRANKFURT:EWX) is pleased to announce that it has entered into an agreement to amend its $150 million credit facility with CPPIB Credit Investments Inc. ("CPPIB"), a wholly-owned subsidiary of the CPP Investment Board, with CPPIB making available to the Company an additional $100 million delayed draw term loan. The key terms of the amendment are as follows:

Commercial Real Estate Veteran Don Zebe Joins Coldwell Banker Commerical

Wed, 16 May 2012 11:05:00 EDT

Coldwell Banker Commercial NRT (CBC) Salt Lake Office today announced that commercial real estate broker Don Zebe has joined the firm's Idaho expansion effort as Vice President of Retail and Investment Properties. Zebe expands CBC's growing presence in Idaho by covering the Pocatello area, including Idaho Falls, Twin Falls, and Rexburg.

MIG Real Estate Enters Texas Market With Houston Multi-Family Purchase

Wed, 16 May 2012 11:00:19 EDT

MIG Real Estate, LLC, a Newport Beach, Calif.-based real estate investment company, has acquired Wynhaven at Willowbrook, a multi-family residential community in Houston, Texas. The 372-unit community includes 436,914 square feet of rentable space with an average unit size of 1,175 square feet. The transaction reflects MIG's current investment strategy, which has been expanded to include opportunities in the Sunbelt, as well as the Western U.S.

Why Your Message is More Important Now Than Ever

Wed, 16 May 2012 10:08:00 EDT

A few weeks back, my wife and I had the rare opportunity to go out to dinner with another couple, and without the kids, which meant we got around to discussing topics for grown-ups at the table rather than juice boxes, straws, and crayons. As we ordered our food and settled in, the couple we [...]

ERA Real Estate Reveals Strategies for Recruiting Generation Y

Wed, 16 May 2012 10:00:07 EDT

ERA Real Estate, a leading global real estate franchisor, today announced the publication of an industry report "Generation Y: Rethinking Recruiting." Recognizing that recruiting additional members of Generation Y was a necessary part of succession planning for the real estate industry, ERA Real Estate set out to research the industry's appeal to this demographic with the intent of leveraging findings to help ERA® brokers in recruiting Gen Y. Key findings include characteristics of real estate that appeal to Millennials and match what they are looking for in a career; recruiting messages that resonate with this generation; and tactics businesses can use to attract Millennials into their organization.

Ziyang Ceramics Reports Financial Results for the First Quarter Ended March 31, 2012

Wed, 16 May 2012 09:57:58 EDT

Ziyang Ceramics Corporation (OTCBB: ZYCI), a leading manufacturer of high quality interior porcelain tiles in China, announced today its financial results for the first quarter ended March 31, 2012.

GTA REALTORS(R) Report Mid-Month Resale Housing Market Figures

Wed, 16 May 2012 09:51:44 EDT

Greater Toronto REALTORS® reported 5,142 transactions through the TorontoMLS System during the first 14 days of May 2012. This result was up by more than 14.5 per cent in comparison to the first 14 days of May 2011. The number of new listings continued to grow at a slower pace than sales - up 13 per cent year-over-year to 8,749.

Canadian Real Estate Investment Trust Announces May 2012 Distribution

Wed, 16 May 2012 09:40:23 EDT

Canadian Real Estate Investment Trust (TSX:REF.UN) ("CREIT") today announced its May 2012 monthly distribution in the amount of 12.42 cents per unit (C$1.49 annualized). The May distribution will be payable on June 14, 2012 to Unitholders of record May 31, 2012.

Future of Housing Finance Will Be Top Issue for Next President

Wed, 16 May 2012 09:32:05 EDT

The future of housing finance in the U.S. will be a key issue facing the winner of the upcoming presidential election. That's what a panel of industry experts told several thousand Realtors® gathered at a symposium, Housing Policy in 2013: Challenges, Opportunities and Solutions, during the Realtors® Midyear Legislative Meetings & Trade Expo.

BMO Report Reveals Canadian Business Hiring Intentions

Wed, 16 May 2012 09:30:03 EDT

BMO Bank of Montreal released its new BMO Hiring Intentions Survey, which shows a split between Canadian businesses on their plans to add new employees in 2012.

New Portal, KossREsource.com, Lets CRE Professionals Search Thousands of Lenders For Best Loan Rates, Access Legal Documents, Find and Rate Providers, Network

Wed, 16 May 2012 09:13:26 EDT

KossREsource.com is about to do what Expedia and Travelocity did for the travel trade to commercial real estate. A comprehensive, online information portal for the entire CRE industry, KossREsource.com provides access to the first extensive database of financing alternatives; an extensive library of free legal documents; and tools to help CRE professionals research service providers, network and generate business.

High Yielding Dividends From Chimera and Annaly Capital Benefit From Record Low Interest Rates

Wed, 16 May 2012 08:20:19 EDT

High yielding mortgage REITs have performed admirably in 2012. The Vanguard REIT ETF (VNQ) is up more than 12 percent-year-to-date. REITS have continued to take advantage of low interest rates to boost earnings and increase dividends for investors. REITs trade like stocks, but by law, they must pay out 90 percent of their taxable income to shareholders as dividends. The Paragon Report examines investing opportunities on diversified REITs and provides equity research on Chimera Investment Corporation (NYSE: CIM) and Annaly Capital Management, Inc. (NYSE: NLY).

High Yielding REITs Will Continue to Benefit From Record Low Interest Rates Through 2014

Wed, 16 May 2012 08:20:12 EDT

High yielding mortgage REITs have performed admirably in 2012. The Vanguard REIT ETF (VNQ) is up more than 12 percent-year-to-date. REITS have continued to take advantage of low interest rates to boost earnings and increase dividends for investors. REITs trade like stocks, but by law, they must pay out 90 percent of their taxable income to shareholders as dividends. The Paragon Report examines investing opportunities on diversified REITs and provides equity research on Two Harbors Investment Corp. (NYSE: TWO) and Hatteras Financial Corp. (NYSE: HTS).

moShare Makes Mobile Content Sharing Easier with WordPress Plugin

Wed, 16 May 2012 08:15:19 EDT

moShare, the world’s first web-to-mobile sharing service, today announced the availability of the moShare WordPress plugin, that allows the free and easy integration of moShare’s mobile content sharing functionality to any website built using WordPress.

Premier Holding Corp. Appoints Former EDS Chief Global Sales Officer, Bobby Grisham, to Board

Wed, 16 May 2012 07:45:00 EDT

Premier Holding Corp. (OTCBB: PRHL) (the "Company") is very proud to announce the appointment of Bobby Grisham to Premier Holding Corp.'s board of directors. Grisham served at EDS, a Hewlett-Packard company, from 1978-2009, with career highlights including chief global sales officer responsible for leading the successful renegotiation of EDS's large U.S. Navy Marine Corps Intranet contract. Grisham also served as the president of the EDS U.S. Southwest Operations Solutions and president of the Large Financial Institutions Strategic Business Unit, assuming responsibility for all EDS banking and securities business. Grisham also managed all IT operations for six General Motors Electrical Component divisions.

ExteNet Systems to Implement Distributed Network Solution at Barclays Center

Wed, 16 May 2012 07:01:33 EDT

ExteNet Systems, the leader in implementation and operations of distributed wireless networks, today announced its agreement with Forest City Ratner Companies to design, install, manage, and maintain a Distributed Antenna System (DAS) network in the newly constructed Barclays Center in Brooklyn, NY.

GE Announces GE Capital Board Declared a Dividend of $475 million to its Parent GE

Wed, 16 May 2012 06:31:13 EDT

GE [NYSE: GE] announced today that the Board of Directors of GE Capital Corporation (GECC) has declared a quarterly dividend of $475 million payable to its parent GE in the second quarter 2012. 2012 dividend payments, which are subject to GECC Board approval, are planned at 30% of GECC’s total 2012 earnings. In addition, GECC plans a $4.5 billion special dividend to GE in 2012, subject to GECC Board approval. The historical dividend was suspended in 2009 during the financial crisis.