Press Releases

FORMER PARTNERS TO HOLD DUELING AUCTIONS FOR OCEAN CITY LUXURY CONDOS Buyers benefit from “auction war”: no minimum prices, no buyer premiums

Ocean City, MD - February 18, 2010 - (RealEstateRama) — The collapse of an Ocean City real-estate partnership has led to competing auctions for waterfront condominiums — and created an opportunity for real-estate bargain hunters.

The Fitzgerald at UB Midtown to Become Baltimore’s Largest LEED Certified Residential Development

Mixed-Use Apartment Community Expected to Achieve LEED Certification. Greenbelt, MD - February 1, 2010 - (RealEstateRama) — The Bozzuto Group today announced The Fitzgerald at UB Midtown is on track to become the most sizeable LEED certified apartment community in the Baltimore area.

Max Spann to Auction 9 Luxury Bayfront Homes in Ocean City

January 22, 2010 - (RealEstateRama) — It may still be winter in Northeast, but it’s not too early to be thinking about a vacation home in Ocean City. With minimum bids starting at $95,000 on luxury bayfront condominiums with original asking prices as high as $730,000, now is the perfect time to buy a premium home in Maryland’s renowned beach resort.

Pollin Family, Enterprise Homes Celebrate Groundbreaking of Linda Joy and Kenneth Jay Pollin Memorial Community Development

Columbia, MD - December 9, 2009 - (RealEstateRama) — Washington, D.C. Mayor Adrian Fenty, the Pollin family and representatives from Enterprise Homes, Inc. today celebrated the groundbreaking of the Linda Joy and Kenneth Jay Pollin Memorial Community Development in northeast Washington.

MetroPointe at Wheaton Metro Named Mixed-Income Project of the Year

Multifamily Executive Magazine Recognizes Mixed-Use Community for Providing Affordable Housing above a Metro Station, in an Urbanizing Suburb. Wheaton, MD - October 21, 2009 - (RealEstateRama) — MetroPointe at Wheaton Metro, a mid-rise mixed-use apartment community located in Wheaton, Maryland, was named “Mixed Income Project of the Year” by Multifamily Executive Magazine at the 2009 MFE and Developer Awards ceremony in Las Vegas.

Max Spann to Auction 14 New Waterfront Residences in Crisfield, MD on Saturday, Nov. 14

CRISFIELD, MD - October 16, 2009 - (RealEstateRama) — Enjoy sunsets over the Chesapeake Bay in your newly constructed waterfront vacation home in the heart of a charming coastal getaway. Max Spann Real Estate & Auction Co., a national auctioneer of elite properties, has scheduled a builder’s close-out auction on 14 units in the Harbour Light community in Crisfield on Saturday, Nov. 14 at 11 a.m. at the Loews Annapolis Hotel, 126 West Street, Annapolis, MD.

Prince George’s County Employers Help Stabilize Neighborhoods Impacted by Foreclosures

Homeowner Education Project Helps Employees Live Near Work. McLean, VA - October 1, 2009 - (RealEstateRama) — Home prices have dropped, but many working families are still struggling to find affordable homes near their workplace and funds for down payments. Three Prince George’s County, Md., employers are assisting employees in becoming homeowners near their offices and helping neighborhoods impacted by foreclosures. There are 3,100 foreclosed properties in Prince George’s County

Attorney General Settles with Vladislav Zagranichny and Community Mortgage Group

Company Used Attorney General Press Releases to Lure New Customers. BALTIMORE, MD - May 28, 2009 - (RealEstateRama) — Attorney General Douglas F. Gansler today announced that his Consumer Protection Division has reached a settlement with Vladislav Zagranichny and his company, Community Mortgage Group, Inc., regarding their alleged deceptive use of press releases issued by the Office of the Attorney General. The press releases at issue announced the settlements the Office had reached with Household Finance Corporation and Ameriquest Mortgage Company concerning their lending practices.

Eastern Montgomery Regional Services Center Hosts Foreclosure Workshop

May 13, 2009 - (RealEstateRama) — Montgomery County’s Eastern Montgomery Regional Services Center will host a free workshop to assist those faced with possible mortgage foreclosures on Thursday, May 21 from 6 to 9 p.m. The workshop will take place at the center, located at 3300 Briggs Chaney Road, Silver Spring

County Partners with Local Business to Turn Blue into Green by Recycling Denim Clothing; Residents can recycle at Earth Day Event at Kensington Drop-off Site

April 21, 2009 - (RealEstateRama) — The County’s Division of Solid Waste Services (DSWS) of the Department of Environmental Protection (DEP) is encouraging County residents to turn blue into green by recycling their unwanted jeans and denim clothing between now and June 15. The recycled jeans and denim will be turned into UltraTouchTM fiber insulation for homes and buildings. UltraTouchTM — a sustainable building material — is made almost entirely from recycled cotton fibers and recycled denim jeans.

Leggett Announces Additional Assistance to Upcounty Homeowners to Address Foreclosures

April 09, 2009 - (RealEstateRama) — County Executive Isiah Leggett today announced that the County and the Maryland Department of Housing and Community Development would provide up to $450,000 to three non-profit organizations to provide foreclosure prevention counseling to homeowners in the county. Leggett made his announcement at the Upcounty Regional Services Center, where counselors from the Housing Initiative Partnership (HIP) will be based. HIP, along with HomeFree USA and the Latino Economic Development Corporation (LEDC), are providing foreclosure prevention counseling services

Federal Realty’s Upstairs at Bethesda Row Named 2009 Best Rental Apartment Community

ROCKVILLE, MD - April 07, 2009 - (RealEstateRama) — Federal Realty Investment Trust today announced Upstairs at Bethesda Row, the residential component of Bethesda Row in Bethesda, Maryland, was named the 2009 Best Rental Apartment Community by the National Association of Home Builders (NAHB). The award was recently presented to Federal Realty at the NAHB’s annual Pillars of the Industry Conference in San Diego, California.

Leggett, Maryland Housing Secretary Announce Funding to Purchase Foreclosed Properties in Targeted Areas; Highlights Partnerships with Housing Opportunities Commission and Habitat for Humanity

March 25, 2009 - (RealEstateRama) — County Executive Isiah Leggett, joined by Raymond Skinner, secretary of the Maryland Department of Housing and Community Development today, announced more than $4 million in funding from the U.S. Department of Housing and Urban Development (HUD) to acquire and renovate foreclosed properties and make them available to county residents

Mikulski Outraged by Mortgage Fraud in Maryland

WASHINGTON, D.C. - March 18, 2009 - (RealEstateRama) — U.S. Senator Barbara A. Mikulski (D-Md.) chairwoman of the Commerce, Justice and Science Appropriations Subcommittee today expresses outrage over the recently released Mortgage Asset Research Institute’s annual report findings, which ranked Maryland fifth in the nation for mortgage fraud.

Mikulski Announces $12.2 Million for Bay, Water & Sewer, Community Projects in Omnibus Bill

“Maryland’s communities want to do the right thing by the environment, but they can’t do it on their own.”