Mountain <b>Real Estate</b> Capital Closes 2010 With Four Note <b>...</b>

Torrance, CA - January 13, 2011 - (RealEstateRama) -- Charlotte-based Mountain Real Estate Capital (MREC) advanced its bank NPL/REO acquisition program by closing four transactions on Dec. 30, 2010, bringing its total 2010 residential land acquisitions to more than 12,000 acres and over 7,500 home sites nationally. Notes and equity purchases were closed with over 20 different selling banks, amounting to an unpaid principal balance in excess of $600 million. With these latest acquisitions, MREC now owns and manages more than 200 projects with over 10,000 lots and 7,400 acres of land across the U.S

Full article: Mountain Real Estate Capital Closes 2010 With Four Note Acquisitions in December ...

Mountain Real Estate Capital Closes on Another Bank REO Acquisition from Bank of America
Charlotte, NC - September 27, 2010 - (RealEstateRama) -- Charlotte-based Mountain Real Estate Capital (MREC) continues the success of its bank REO/NPL acquisition platform by closing its second acquisition from Bank of America in the last three months. The first is a 1,000-unit active adult project located in the U.S. 27 corridor of Orlando, which closed in June. The second...Mountain Real Estate Capital Acquires San Diego Asset in Joint Venture with Davidson Communities
San Diego, CA - September 15, 2010 - (RealEstateRama) -- Mountain Real Estate Capital (MREC) continues the success of its opportunistic investment platform with the closing of a joint venture with Davidson Communities. The joint venture purchased The Sentinels at Del Sur subdivision located in San Diego, Calif. from Bank of America. The project consists of 17 substantially finished lots...Boston Capital Real Estate Partners, LLC Closes Investment in Class A, Market Rate Multifamily Development in Round Rock, TX
Boston, MA - September 18, 2007 — Boston Capital Real Estate (BCRE) Partners, LLC closed its investment in Alexan Palm Valley, a to-be-built 340-unit, class-A, garden-style development located in Round Rock, TX, 15 miles north of Austin. This is BCRE’s fifth joint venture with Trammell Crow Residential (TCR), one of the nation’s premier multifamily real [...]...Trammell Crow Company’s Lakeview Business Park Closes on Land Site Sale
Lufkin Automation buys 6.2 acres for future 40,000 SF headquarters. Houston, TX - November 16, 2009 - (RealEstateRama) -- November 16, 2009 - Lufkin Automation, a provider of engineered products and services to oil and gas producers, has purchased a 6.2 acre land site within Lakeview Business Park. This marks the first land sale closed in the newly developed business...Price of Farmland Soars in Rocky Mountain West
Nationally, the price of agricultural land is climbing steadily, and land prices in several Rocky Mountain States are leading the way. Throughout the region, an acre of farmland costs about 18 percent more than it would have at this time last year, according to a report released Friday by the Agricultural Statistics Board, a division of [...]...13 Mountain Real Estate Capital Closes 2010 With Four Note Acquisitions in December
Torrance, CA - January 13, 2011 - (RealEstateRama) -- Charlotte-based Mountain Real Estate Capital (MREC) advanced its bank NPL/REO acquisition program by closing four transactions on Dec. 30, 2010, bringing its total 2010 residential land acquisitions to more than 12,000 acres and over 7,500 home sites nationally. Notes and equity purchases were closed with over 20 different selling banks, amounting to an unpaid principal balance in excess of $600 million. With these latest acquisitions, MREC now owns and manages more than 200 projects with over 10,000 lots and 7,400 acres of land across the U.SCRE Consulting Corps Panel to Map Strategy for School Board Properties
New Orleans, LA - January 12, 2011 - (RealEstateRama) -- A panel of distinguished national real estate experts from the Consulting Corps of The Counselors of Real Estate (CRE) will be working with the Orleans Parish School Board (OPSB) this week to map strategy for 37 properties in the school board’s portfolioFreddie Mac Announces K-010 Offering of K Certificates
McLean, VA - January 12, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today announced a new offering of Structured Pass-Through Certificates ("K Certificates"), multifamily mortgage-backed securities. The company expects to offer approximately $1 billion in K Certificates ("K-010 Certificates"), which are expected to price the week of January 17, 2011 and settle on or about February 10, 2011.New Michigan Product Saves in Costly Basement Repairs
Novi, MI - January 12, 2011 - (RealEstateRama) -- Mr. Sponge Waterproofing, Inc., of Novi Michigan released their new patent pending product for consumers that saves in costly basement repairs. The new "TRX Compressed Swell Plug," is designed for consumers or property maintenance personnel to repair leaking rod holes. Rod Holes are the most common leak in poured concrete walls with an average contractor repair cost of $125.00 for one hole.

View the original article here

Holiday Trimmings: Capital City Flies in NYC-Based Designer to Deck the Halls

Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Wednesday, December 15, 2010, by Sarah

The nation's capital is trying to show that it can decorate like the best of 'em, what with the newly dressed rooms on the eighth floor of the State Department building. As part of a collab with InStyle Magazine, designer David Stark was brought in to give historic spaces such as the (above, top to bottom) Thomas Jefferson State Reception Room, James Monroe Reception Room, and John Quincy Adams State Drawing Room a pretty, albeit pretty run-of-the-mill, seasonal makeover. Err, not to bring up a recent sore spot for the Capitol City but, uh, Stark so happens to be based in NYC.

· State Department Shows Off Holiday Decor [Politico]
· Dear New York: We get it. Your restaurants are better than ours. [WaPo]

View the original article here