Bobby was getting cold sitting out in his back yard in the snow. Bobby didn’t wear boots; he didn’t like them and anyway he didn’t own any. The thin sneakers he wore had a few holes in them and they did a poor job of keeping out the cold. Bobby had been in his backyard [...]
Not long ago and far away, Santa was getting ready for his annual trip, but there were problems everywhere. Four of his elves got sick and the trainee elves did not produce the toys as fast as the sick elves. Santa was begiining to feel the pressure of being behind schedule. Then [...]
Capmark Finance Inc. (Capmark Finance) arranged $6,750,000 in fixed-rate, permanent financing for the owners of three “all-age” manufactured home communities in Colorado and Indiana. The 75-percent LTV loans each feature a 7.125 percent fixed rate and a 10-year term with a 30-year amortization.
Birmingham, AL (Vocus) December 22, 2008 — Capmark Finance Inc. (Capmark Finance) arranged $6,750,000 in fixed-rate, permanent financing for the owners of three “all-age” manufactured home communities in Colorado and Indiana. The 75-percent LTV loans each feature a 7.125 percent fixed rate and a 10-year term with a 30-year amortization.
North College Mobile Home Community, refinanced for $3,800,000, is located on approximately 32.59 acres at 1601 North College Avenue in Fort Collins, Larimer County, Colorado. The 320-space community was built in 1962 and consists of 277 single-wide homes and 43 multi-sectional homes. It is conveniently located within minutes of major thoroughfares and main arteries of transportation. The property also offers a clubhouse, exercise room, playground, laundry facility and RV storage area.
Valley Village Mobile Home Community, refinanced for $1,500,000, is located on approximately 21.65 acres at 731 Grand Avenue, Platteville, Weld County, Colorado. The 153-space community was built in 1970 and consists of 115 single-wide homes and 38 multi-sectional homes. It is conveniently located within minutes of major thoroughfares and main arteries of transportation. The property also offers a picnic area, playground, basketball court and RV storage area.
Royal Oaks Mobile Home Community, refinanced for $1,450,000, is located on approximately 36.09 acres at 4801 East County Road 67, Chesterfield, Madison County, Indiana. The community was built in 1970 and, with additions in 1985 and 1995, consists of 250 multi-sectional homes. In 1990 the owners added 138 self storage units. It is conveniently located within minutes of major thoroughfares and main arteries of transportation. The property also offers an office, basketball court and playground.
Vice President and Director of Capmark’s MHC Division Damon B. Reed of the Birmingham office arranged the loans through StanCorp Mortgage Investors.
About Capmark®:
Capmark is a diversified company that provides a broad range of financial services to investors in commercial real estate-related assets. Capmark has three core businesses: lending and mortgage banking, investments and funds management, and loan servicing. Capmark operates in North America, Europe and Asia.
Capmark Finance Inc., the U.S. real estate lending and mortgage banking operations of Capmark, has access to multiple capital sources and offers a full range of financing solutions and resources. Capmark Finance is a direct lender, a correspondent for insurance companies, pension funds and other capital markets conduits and one of the leading approved lenders for Fannie Mae, Freddie Mac and HUD/FHA.
With a servicing portfolio of approximately $363.2 billion as of Sept. 30, 2008 Capmark Finance is one of the industry’s leading loan servicers.
Capmark Investments LP, the investments and funds management operation of Capmark, is an established manager of equity real estate and mortgage-related investments in the public and private markets with approximately $9.8 billion in investments under management as of Sept. 30, 2008.
For more information about Capmark, visit www.capmark.com.
Capmark Finance Licenses: CA: CA Dept of Corporations Finance Lender and Broker License (lending) and CA Dept of Real Estate, Real Estate Broker License #00398180 (brokering); MI: Capmark Finance Inc., Michigan Real Estate Broker, Phone 248-208-3460; NV: Capmark Finance Inc., 200 S. Virginia St., Suite 800-Office #804, Reno, NV, Phone 775-686-2490; NY: Capmark Finance Inc., New York Real Estate Broker.
©2008 Capmark Financial Group Inc. All rights reserved.
Joyce Patterson
215-328-3842
Joyce.Patterson @ capmark.com
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In a recent Calgary Herald Poll, Genstar Development’s Evergreen, a residential community in southwest Calgary, was ranked #1 by readers in the "New Community" category. This is the third time this Calgary-based land developer has earned this distinction.
Calgary, AB (PRWEB) December 22, 2008 — In a recent Calgary Herald Poll, Genstar Development’s Evergreen, a residential community in southwest Calgary, was ranked #1 by readers in the "New Community" category. This is the third time this Calgary-based land developer has earned this distinction.
"Evergreen was one of the first communities in Calgary to embrace the idea of life cycle living," explains Paul Boskovich, development manager. "It offers an ideal balance of residential and commercial real estate, with contemporary housing options ranging from condos to estate homes. Master builders include: Homes by Avi, California Homes, Cardel, Jayman, Cedarglen and Carolina Homes."
One of Evergreen’s main attractions is its proximity to Fish Creek Provincial Park. In addition to this expanse of natural parkland it exceeds City of Calgary criteria for green space, featuring more parks than any other residential community in Calgary. Schools are under construction and all service amenities are in place. It is also just minutes award from two C-Train stations and the Shawnessy commercial shopping district.
Although still considered to be a "new" neighborhood, Evergreen has been under development in Calgary for eight years and it has already attracted more than 2,000 new residents. Two phases remain and 11 new show homes continue to attract new home buyers.
"Genstar views Evergreen as one of our flagship projects," adds Boskovich. "We’ve invested heavily in this community and receiving a ‘gold’ in the Readers’ Choice Awards is a testament to the innovation and dedication that has been put into this project. We are honoured that Calgarians acknowledge that Evergreen offers more than your average housing development."
About Genstar Development Company:
Genstar is a premier developer of commercial and residential real estate in Vancouver, Calgary, Edmonton, Winnipeg and Toronto. The company acquires large tracts of raw land and pioneers communities that offer innovative amenities, lasting value, community, pride and a significant enhancement in homebuyers’ quality of life.
Genstar unveiled it first "master planned community" in the 1950s. In the ensuring years the company’s projects have grown in scope and Genstar has transformed tens of thousands of acres into some of the most desirable residential communities across North America.
For more information or to schedule an interview, please call 403.256.4000 or visit www.genstar.com.
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Ron Howard of RE/MAX Sails has earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training in foreclosure avoidance and short sales. This is invaluable expertise to offer at a time when many area home values are effected by "distressed" homes in the foreclosure process.
(PRWEB) December 22, 2008 — Ron Howard of RE/MAX Sails has earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training in foreclosure avoidance and short sales. This is invaluable expertise to offer at a time when many area home values are effected by "distressed" homes in the foreclosure process.
Short sales allow the cash-strapped seller to repay the mortgage at the price that the home sells for, even though it is lower than what is owed on the property. With plummeting property values, this can save many people from foreclosure and even bankruptcy. More and more lenders are willing to consider short sales because they are much less costly than foreclosures.
In the Baltimore area, many homes are in danger of foreclosing. It is happening in all price ranges. Local experts say that even high-priced homes are not immune.
"This CDPE designation has been invaluable as I work with sellers, and there lenders on complicated short sales," said Howard. "It is so rewarding to be able to help sellers save their homes from foreclosure."
Alex Charfen, founder of the Distressed Property Institute in Boca Raton, Fla., said that Realtors® such as Ron Howard with the CDPE designation have valuable training in short sales that can offer the homeowner much better alternatives to foreclosure, which virtually destroys the credit rating. These experts also may better understand market conditions and can help sellers through the emotional experience, he said.
The Distressed Property Institute opened in January 2008 and provides training on-site and online. The CDPE is the premier designation for Realtors helping homeowners in distress and handling short sales.
"Our goal is to educate as many people as possible so we can help as many homeowners as possible," Charfen said.
For more information about the CDPE designation or to find out more information, please call 1-410-814-2404. Sellers are advised to obtain legal advice regarding the advisability and terms of any short sale agreement with creditor(s) and professional tax advice regarding the tax implications of any such sale.
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For the original version on PRWeb visit: http://www.prweb.com/releases/shortsale/baltimore/prweb1779824.htm
A reputed real estate property search engine Fizber.com has introduced new handy functionality to its users, allowing them to receive all the most recent neighborhood information fast and easy. The graphical presentation of current home values in a neighborhood allows house-hunters immediately get a full insight about the area they are interested in on the map.
Miami Beach, FL (PRWEB) December 22, 2008 – Fizber.com – a widely known in the US real estate classified website – is happy to announce that innovative and handy functionality for visual presentation of average house pricing and neighborhood information has gone live. Take advantage of Fizber’s cutting-edge and highly reliable opportunities of district valuation to empower your real estate property search.
From the moment property searchers have a unique opportunity to get an instant property values estimation in any district they are interested in. Now they can only drop a quick look at the map and see the average house value, house location, celebrities living near by, etc. in all districts of the area. Average property value as well as detailed property information is only one click away. Moreover, it can be easily noticed, that all districts are differently colored, thus, making a visual presentation of the average house value in every district.
According to Inna Igontova, Marketing Manager of Fizber.com: "The new feature will bring more convenience to house-hunters because graphical presentation of information is proved to be easier to perceive. We are working with people in mind, embedding the best house selling practices in our work."
The name Fizber.com has become synonymous with the best and the most complete range of property search solutions designed to help home owners get started on the right foot in buying or selling a house. Fizber.com brings home owners a full range of important services, comprehensive real estate information and home evaluation tools at their fingertips.
About Fizber.com
Fizber.com is a real estate classified web 2.0 website, providing its users with vast opportunities for real estate property buying, selling, and advertising in the U.S. Fizber.com boasts of full U.S. coverage that quickly connects buyers and sellers from all parts of the country. TRUSTe has approved and verified Fizber.com as being in compliance with TRUSTe’s strict program requirements for privacy protection. The company offers home sellers and buyers a variety of unique features, including drive score, school info, climate data and neighborhood statistics for every home.
For more information, please visit www.fizber.com
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For the original version on PRWeb visit: http://www.prweb.com/releases/2008/12/prweb1776114.htm
LawCrossing added over 13,000 new legal jobs to its site in the last week. In the leadership of CEO A. Harrison Barnes, LawCrossing staff has adopted drastic measures and high-quality research techniques to locate every possible legal job opening in this downturn.
Pasadena, CA (PRWEB) December 20, 2008 — LawCrossing added over 13,000 new legal jobs to its site in the last week. Under the leadership of CEO A. Harrison Barnes, the LawCrossing staff has adopted drastic measures and high-quality research techniques to locate every possible legal job opening in this downturn.
"Our research has gone to the extent that not a single legal job opening gets missed. LawCrossing is doing everything it can to help legal professionals find jobs in this recession," says A. Harrison Barnes.
Only recently, AmLaw 100 firm Latham & Watkins announced that it will freeze its associate salaries. BCG Attorney Search, a LawCrossing affiliate, feels that holding salaries is a better alternative to laying off people. "In 2007, when first-year salaries jumped to $160,000, there was still a contingency of people saying this is just going to put more pressure on us and make firms lay us off quicker when the market turns around," says Dan Binstock, managing director of BCG Attorney Search’s Washington, DC, office. He adds, "A lot of associates are starting to accept that they’re only as safe as the boat they’re sailing on."
"More law firms are expected to follow suit and freeze associate salaries to deal with the economic stress," says A. Harrison Barnes, founder of LawCrossing.
Another big law firm, Sullivan & Cromwell, announced slimmer year-end bonuses this year. London-based Allen & Overy, on the other hand, announced it will cut its US bonuses to half of what it offered a year ago. In the latest string of firms to announce associate layoffs, Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, a Silicon Valley firm, laid off at least half of the newest class of associates, reports Law.com.
"The current situation is analogous to the 2000 dot-com boom where thousands of corporate attorneys were laid off. Our company has dealt with such a shaky economic phase before and has come out very strong. It has now adopted similar measures to support thousands of attorneys and legal staff," says A. Harrison Barnes.
LawCrossing, ranked 72nd in the Inc. list of 500 fastest growing companies, offers about 140,000 legal jobs for attorneys, paralegals, law students, and legal staff. The site also offers a seven-day free trial to its members.
About A. Harrison Barnes
Andrew Harrison Barnes, Esq., a JD from the University of Virginia Law School, is the CEO and founder of EmploymentScape (previously Juriscape), a research company dedicated to offering career services to a diverse range of professionals. Barnes began EmploymentScape operations by launching BCG Attorney Search in 2000, and continued introducing more career websites to support legal professionals. Barnes launched LawCrossing in July 2003, and the site soon became the world’s most comprehensive legal job board.
About LawCrossing
LawCrossing is an affiliate of EmploymentCrossing, a powerful and comprehensive organization dedicated to helping professionals find jobs that will enhance their careers. LawCrossing consolidates every legal job opening it can find in one convenient location. The website also offers a seven-day free trial to new members.
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For the original version on PRWeb visit: http://www.prweb.com/releases/2008/12/prweb1777834.htm
TurboLaw Time and Billing Software is now available as a free 30-day trial download via the TurboLaw website. This software allows legal professionals to keep records of time spent with each client as well as expenses related to each case. The Time and Billing Software also has features to help any legal practice, with billing aids, performance graphs, productivity charts, and staff reports.
Fitchburg, MA (PRWEB) December 20, 2008 — Running a legal practice requires you to do chores that do not involve giving opinions on the law or arguing a case. Tasks such as keeping track of the time spent for clients and making bills for them, while necessary, can be time-consuming, difficult, and distracting. TurboLaw now offers new Time and Billing Software that makes the work quick and easy.
TurboLaw Time and Billing Software is now available as a free 30-day trial download via the TurboLaw website. This software allows legal professionals to keep records of time spent with each client as well as expenses related to each case. The Time and Billing Software also has features to help any legal practice, with billing aids, performance graphs, productivity charts, and staff reports.
"Our stopwatch tool makes it easy to keep track of time spent on work for each client, including communications such as emails and phone calls. We want legal professionals to try our Time and Billing Software free trial to see just how helpful and easy it is," Thomas A. Whitestone, CEO of TurboLaw, comments on the new software offer.
The billing features of TurboLaw Time and Billing Software offer assistance in presenting a professional image. Through the time keeping functions and billing choices, bills can be set up to reflect the exact time spent, in hours, quarter hours, or any unit of time that is set. Times can also be broken out into tasks completed, including meetings, phone calls, document preparation and research.
TurboLaw Time and Billing Software gives you the ability to create custom bills and statements. The bills can be printed or saved to PDF or other formats suitable for email. Along with opening and closing balances, statements generated by TurboLaw Time and Billing Software can add finance charges with just a click. The result is a document that looks both orderly and official.
"Your clients take you seriously when you accomplish legal work for them. Using TurboLaw Time and Billing Software encourages them to do the same at billing time," Thomas A. Whitestone, CEO comments.
When managing a legal practice, it is sometimes the everyday tasks that demand the most of your energy. TurboLaw Time and Billing Software makes it easy to remain productive and professional.
For more information on TurboLaw Time and Billing Software visit http://www.turbolaw.com
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For the original version on PRWeb visit: http://www.prweb.com/releases/2008/12/prweb1776014.htm
After long negotiations, Foreclosure Trackers, Inc. CEO, Robert Lee, worked out an arrangement with Countrywide Financial to sell the TV icon’s defaulted first and second mortgages.
Huntington Beach, CA (PRWEB) December 18, 2008 — Christmas has come early for famed television star Ed McMahon. After a string of financial misfortunes, McMahon has finally avoided the shadow of foreclosure, thanks to the efforts of Foreclosure Trackers‘ CEO Robert Lee, the Foreclosure Trackers team, and other engaged participants.
After closing the deal with Countrywide Financial, Lee reached an agreement with McMahon and is now in the process of modifying the star’s first and second mortgages. By modifying McMahon’s loans, Lee stands to prove his "Work Outs, Not Kick Outs"™ strategy as the ideal solution to the nation’s Mortgage Crisis.
"FTI is happy to give Ed McMahon and his family a real solution," said Lee. "Now, Ed can spend Christmas with his family without worrying that he’ll be foreclosed upon. After successful negotiations with Countrywide, I sat down with Ed and helped to work out an arrangement that would keep him in his Beverly Hills home. It’s truly a win-win-win for all parties involved."
Lee notes that interest in buying defaulted mortgages will continue to grow for the next several years, citing the nationwide drop in home equity and the overwhelming number of distressed mortgages across the nation. "Serious investors have known about this strategy for years, but it’s been kept secret from mainstream America and the general real estate community until recently. However, the investment community needs to realize that through the buying and restructuring of defaulted mortgages, both homeowners and lenders benefit. The message needs to get out, and fast!"
Lee explained why he is a strong advocate of this strategy. "Homeowners are desperate to stay in their homes and investors are trying to find ways to make money in this down market," he said. "Defaulted mortgage investing provides a viable solution to both of these groups, as well as the banks that need to unload their troubled assets and generate liquidity. Remember, banks are in the lending business, not the real estate or collection business."
About Foreclosure Trackers, Inc.:
Foreclosure Trackers, Inc., headquartered in Huntington Beach, California, is a one-stop foreclosure prevention and investment center that teaches how to purchase defaulted first mortgages from America’s lenders–the best way to keep homeowners in their homes and consistently make money in a down market. Catering to investors of all skill levels, the company supplies timely and accurate listings of foreclosure properties, real estate agent buyer and seller leads, professional-grade due diligence products and services, and the education necessary to invest successfully in the foreclosure market. Foreclosure Trackers employs a dedicated team of active real estate investors, title and escrow officers and abstractors who each work to ensure the quality of the company’s offerings.
To learn more about Foreclosure Trackers, Inc., its corporate team, products, services, and education, visit FTI at www.ForeclosureTrackers.com or contact their support team at 714-500-1430 or toll-free at 866-531-3274.
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For the original version on PRWeb visit: http://www.prweb.com/releases/2008/12/prweb1769704.htm
New Smart Report explains how to tap into the trends to grow a business
Boston (PRWEB) December 18, 2008 — Today’s business marketplace is crowded, noisy, and, arguably, more competitive than at any other time in history. For growing businesses that are short on cash, it can be especially difficult to get noticed. Marketers have to work harder and smarter, and pay attention to trends in consumer marketing.
Being in tune with the hottest trends, however, is only a start. It’s also important to understand how to tap into them to gain a competitive advantage. To ensure success, marketing initiatives must be comprehensive, integrated, dynamic, measurable, and responsive.
To help owners and managers of growing businesses turn prospects into customers as efficiently and cost-effectively as possible, FuelNet announces the release of the new Smart Report "5 Hot Consumer Marketing Trends You Can’t Ignore in 2009." The in-depth report, based on extensive research and insights from leading consumer marketing experts, offers actionable advice and surefire tips to boost business success. Readers will learn:
• why "inside-out marketing" is more powerful than one-to-one marketing.
• how to reach consumers through "creative customer contact" strategies.
• the secrets to partnering with charitable organizations and winning customer support.
• why social media and customer intelligence are a potent one-two punch.
• ways to work with competitors to grow your business quickly.
For more information on the FuelNet Smart Report "5 Hot Consumer Marketing Trends You Can’t Ignore in 2009," please contact Ken Beaulieu, chief content creator for FuelNet, at 617.457.3901.
About FuelNet
FuelNet, a division of The Pohly Company, is an Internet-centric resource for credible tips, tools, and insights on marketing, selling, brand building, and customer relationship marketing. Built around the tagline "Marketing Smarts for the Growing Business," FuelNet is designed to help small and midsize companies build profits and beat the competition. Visitors to FuelNet’s Web site, fuelnet.com, can subscribe to "FuelNet Monthly," sign up for a free daily e-newsletter, and purchase white papers, special reports, and books.
CONTACT:
Ken Beaulieu
617.457.3901
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For the original version on PRWeb visit: http://www.prweb.com/releases/Retail_trends/Marketing_trends/prweb1766484.htm