Press Releases
St. Louis Fed Analysis: Commercial Real Estate Lending Challenges District Banks
December 24, 2009 Posted by Missouri RealEstateRama
ST. LOUIS, MO - December 24, 2009 - (RealEstateRama) — Amid ongoing deterioration in the commercial real estate (CRE) market, many community banks face the possibility of significant losses from soured loans and heightened refinancing risk in the months ahead
Show-Me Money: VA Loan Report Teaches Missouri Realtors How to Tap Into Military Lending
November 3, 2009 Posted by VA Mortgage Center.com
With Agent Pools Shrinking, VA Home Loans and Refinances Skyrocketed in FY 09. COLUMBIA, MO - November 3, 2009 - (RealEstateRama) — Veterans and their families are buying homes in record numbers, but only a handful of Missouri real estate agents are capitalizing on that windfall.
Hotel Indigo Opens First of Three Properties in St. Louis
July 1, 2009 Posted by Missouri RealEstateRama
Newly-renovated $10 million hotel brings boutique charm to cosmopolitan Central West End. ATLANTA, GA Hotel Indigo today announced the opening of Hotel Indigo St. Louis Central West End following a $10 million renovation by Roberts Hotels Group of the historic Bel Air West Motel, which first opened in 1958 as the city’s first motel. The Central West End property is the first of three Hotel Indigo properties planned for St. Louis; additional hotels are slated to open in University City and the downtown convention district in 2011 and 2012, respectively
MHDC Offers Down Payment Help for Home Buyers
May 28, 2009 Posted by MHDC
May 28, 2009 - (RealEstateRama) — On Tuesday, May 26, 2009, Missouri Housing Development Commission (MHDC) began administering a down payment assistance program through the Neighborhood Stabilization Program (NSP), which provides funds to purchase foreclosed property that will be used as the owner’s principal residence.
Attorney General Koster sues to stop mortgage-refinancing telemarketer from calling Missourians on the no-call list
May 27, 2009 Posted by Missouri Attorney General
Jefferson City, MO - May 27, 2009 - (RealEstateRama) — Attorney General Chris Koster today filed suit to stop a mortgage-refinancing company from calling and soliciting business from Missourians who had previously placed their names on the state’s No-Call List. This suit against a mortgage-refinancing company continues the Attorney General’s zero-tolerance stance against illegal mortgage operations, and is the fifth suit against a company offering mortgage refinancing or foreclosure relief since April 6.
Attorney General Koster continues ‘zero tolerance’ stance on mortgage scams
May 26, 2009 Posted by Missouri Attorney General
Koster files suit to stop company from cheating people seeking foreclosure assistance and mortgage modification. Jefferson City, MO - May 26, 2009 - (RealEstateRama) — Attorney General Chris Koster today filed suit against a company that offered foreclosure relief and mortgage modifications to Missourians, but did not provide the services promised.
Treasurer Zweifel Becomes Chair of Missouri Housing Development Commission
May 26, 2009 Posted by Missouri State Treasurer
JEFFERSON CITY, MO - May 26, 2009 - (RealEstateRama) — In a unanimous vote Friday, State Treasurer Clint Zweifel became chair of the Missouri Housing Development Commission. Treasurer Zweifel will begin his duties at MHDC’s July 31 meeting. “I am honored the commission members have confidence in me for this leadership role,” Treasurer Zweifel said. “This commission is vital to Missourians. We have an opportunity to advance homeownership, affordable housing and Missouri’s economy through MHDC.”
Kansas City awarded over $2.9 million in stimulus funding to fight lead-based paint in low-income housing
May 20, 2009 Posted by Missouri RealEstateRama
U.S. Senator Claire McCaskill announced today that the U.S. Department of Housing and Urban Development (HUD) is providing Kansas City’s Lead-Based Paint Hazard Control Program with a total of $2,998,508 in federal grants to help the city eliminate the amount of hazardous lead-based paint in low-income homes and protect young children […]
DED announces $10.6 million available to address foreclosed housing under Neighborhood Stabilization Program
May 5, 2009 Posted by Missouri RealEstateRama
JEFFERSON CITY, MO - May 5, 2009 - (RealEstateRama) — In a continued effort to spur the state’s economy, the Missouri Department of Economic Development (DED) is issuing a call for proposals for Neighborhood Stabilization Program (NSP) “Category 3” projects in accordance with the state’s Neighborhood Stabilization Program Substantial Amendment. The department has made $10,666,047 available for distribution under this category.
Department Mercury Roundup Leaves Missouri Homes Safer
April 24, 2009 Posted by Missouri RealEstateRama
JEFFERSON CITY, MO - April 24, 2009 - (RealEstateRama) — The Missouri Department of Natural Resources helped make many homes safer last month by setting up collection sites throughout the state. Nearly 800 mercury-containing instruments and an additional 226 pounds of elemental mercury were dropped off during the Department’s mercury roundup.
DED awards Excelsior Springs $100,000 CDBG for downtown management project
April 14, 2009 Posted by Missouri RealEstateRama
EXCELSIOR SPRINGS, MO - April 14, 2009 - (RealEstateRama) — The Missouri Department of Economic Development (DED) today announced that Excelsior Springs has been approved for a $100,000 Community Development Block Grant (CDBG). The grant will be utilized to assist in the hiring of a downtown manager.
Attorney General Koster files lawsuit to stop company from cheating consumers facing mortgage foreclosure
April 8, 2009 Posted by Missouri Attorney General
Jefferson City, MO - April 08, 2009 - (RealEstateRama) — Attorney General Chris Koster today filed suit against a California company that defrauded Missourians looking for help avoiding mortgage foreclosure. Koster said the company, US Foreclosure Relief, took money from victims but did not provide any help.
Turner Construction Company Celebrates 20 Years of Building in Kansas City
April 7, 2009 Posted by Missouri RealEstateRama
Kansas City, MO - April 07, 2009 - (RealEstateRama) — This year, Turner Construction Company commemorates the firm’s 20th anniversary of building in Kansas City. From an original staff of six, the office now has more than 100 full-time employees working to shape the skyline and community and is one of the largest construction firms in Kansas City serving the four-state region of Missouri, Kansas, Nebraska and Iowa
McCaskill to Host Free Economic Development Workshop in Columbia, Experts Will Provide Organizations with Training on How to Apply for Federal Grant funding
March 20, 2009 Posted by Senator Claire McCaskill
WASHINGTON, D.C. - March 20, 2009 - (RealEstateRama) — In the midst of the worst economic crisis this country has seen in decades, many small businesses, local governments, and non-profit organizations are looking for help from the federal government.
DED announces St. Louis organizations to receive $1.65 million in Brownfield Redevelopment Tax Credits
March 17, 2009 Posted by Missouri RealEstateRama
ST. LOUIS - March 17, 2009 - (RealEstateRama) — The Missouri Department of Economic Development (DED) today announced that two St. Louis organizations have been approved for up to a total of $1,658,570 in remediation tax credits through the Brownfield Redevelopment Program.
