Archive for March, 2008

New TV Ads Ask ‘Where Do You Want to Be?’

RE/MAX Ad Campaign Reminds Viewers, It’s a Good Time to Buy DENVER, April 1, 2008 /PRNewswire/ — The single bachelor; thenewlyweds separated by military service, but dreaming of their first home;the family literally stuck to the front yard of the house they’ve outgrown;A new line of television ads running on national network [...]

Washington Business Journal Presents the 11th Annual Best Real Estate Deals of 2007

Last Chance to Register ARLINGTON, Va., March 31 /PRNewswire/ — Don’t miss out on theWashington Business Journal’s Best Real Estate Deals of 2007 event,Thursday, April 24 at the Ronald Reagan Building and International TradeCenter. Registration and a cocktail reception begin at 6:30 p.m. followedby dinner and the award presentation at 7:30 p.m. [...]

MHI Hospitality Corporation Announces Crowne Plaza(R) Flag for Hampton Hotel

WILLIAMSBURG, Va., April 1, 2008 /PRNewswire-FirstCall/ — MHIHospitality Corporation (Nasdaq: MDH) announced today that the Company hasentered into a 10-year franchise agreement with InterContinental HotelsGroup (IHG) [LON: IHG, NYSE: IHG (ADRs)] through its franchising entity,Holiday Hospitality Franchising, Inc., to brand its Hampton, Virginia hotelas the Crowne Plaza(R) Hampton Harborside. The franchise agreement iscontingent upon the [...]

CSI to Acquire Oil & Gas Rights on 10,000 Acres in Eastern Kentucky for $800,000 of Common Stock (415,584 Shares Valued at $1.925/Share) and $200,000 Cash

HENDERSON, Nev., April 1, 2008 /PRNewswire-FirstCall/ — ConsolidationServices, Inc. (OTC Bulletin Board: CNSV), engaged in acquiring land fororganic farming operations and developing potential energy reserves on someof its acquired properties announces the signing of an agreement to acquireone hundred (100%) percent of the mineral rights for oil and natural gas onapproximately ten thousand (10,000) acres [...]

iStar Financial Completes $1.7 Billion Asset Sale from TimberStar Southwest Joint Venture

NEW YORK, April 1, 2008 /PRNewswire-FirstCall/ — iStar Financial Inc.(NYSE: SFI), a leading publicly traded finance company focused on thecommercial real estate industry, announced today that it has closed on itspreviously announced sale of its TimberStar Southwest joint venture and theventure’s approximately 900,000-acre portfolio of forestland and relatedassets for $1.71 billion, including the assumption of [...]

Francis V. Cuttita Joins Dreier LLP as Of Counsel to the Sports Law and Real Estate Practices

Cuttita Brings Broad Experience In Representing High-Profile Athletes and Entertainers NEW YORK, April 1, 2008 /PRNewswire/ — Dreier LLP is pleased [...]

U.S. Green Building Council Features California Residential Building as One of the World’s ‘Greenest’

Ranch House at Del Sur Is the Most Highly Rated New ConstructionBuilding Profiled by the Council WASHINGTON, April 1, 2008 /PRNewswire-USNewswire/ — With Earth Dayjust weeks away, the U.S. Green Building Council (USGBC) released a profileof the Ranch House at Del Sur, featuring it as the most highly rated“green” new construction building [...]

Toll Brothers, Inc. and Laurel Creek, L.P. Win Development Suit Against Burlington County

Toll Brothers, Inc. Wins Right to a Recalculation of Improvement Obligations Due to Design Downsizing CHERRY HILL, N.J., April 1, 2008 /PRNewswire/ — In a significant winfor Toll Brothers, Inc. yesterday in New [...]

Pristine Kansas City Golf Club for Sale Under $4 Million

Drumm Farm Golf Club Sits on Farmland Owned by Wealthy 19th CenturyCattleman Major Andrew Drumm KANSAS CITY, Mo., April 1, 2008 /PRNewswire-USNewswire/ — Have youever dreamed of owning your own golf course? Now you can. Listed for$3,450,000, Drumm Farm Golf Club rolls through 280 acres of historic,preserved farmland in Kansas City, Missouri. [...]

Sun Communities Declares First Quarter 2008 Dividend

SOUTHFIELD, Mich., April 1, 2008 /PRNewswire-FirstCall/ — SunCommunities, Inc. (NYSE: SUI), a real estate investment trust (REIT) thatowns and operates manufactured housing communities, today announced itsBoard of Directors declared a quarterly dividend of $0.63 per share for thefirst quarter of 2008. The dividend is payable April 24, 2008 toshareholders of record April 14, 2008. Sun [...]