WHITE PLAINS, N.Y., Dec. 2 /PRNewswire/ Guaranteed Home Mortgage Company, Inc. (Guaranteed, www.ghmc.com), a White Plains, New York-based residential mortgage investment and banking firm, today announced a new survival package for struggling mortgage companies. The package consists of assistance in compliance, marketing, accounting and processing, and the use of proprietary software systems, under the Guaranteed umbrella.
RICHMOND, Va., Dec. 2 /PRNewswire/ To further support its client-driven business strategy, the law firm of LeClairRyan has announced plans to open an office in Hartford, Conn., in early 2009 under the leadership of former Thelen partner Brian J. Donnell. The new office in Connecticut's capital city will serve as an integral part of LeClairRyan's Northeast initiative, which began in 2006 with the opening of an office in New York City, followed by major expansions in Boston, Mass., Newark, N.J., and, most recently, New Haven, Conn., this past September.
WASHINGTON, Dec. 2 /PRNewswire-FirstCall/ Fannie Mae (NYSE: FNM) will redeem the principal amount indicated for the following securities issue on the redemption date indicated below at a redemption price equal to 100 percent of the principal amount redeemed, plus accrued interest thereon to the date of redemption:
LAS VEGAS, Dec. 2 /PRNewswire-FirstCall/ Klegg Electronics, Inc. (Pink Sheets: KLGG) is pleased to announce that the Company has completed the acquisition of Pristine Preservation Group. This privately owned full-service property preservation company is based in Nevada and serves the state's property management companies as well as the mortgage, banking and real estate industries. With the completion of this acquisition, Klegg Electronics will begin the process of restructuring its business model to include the restoration and preservation of foreclosed homes in Nevada, Arizona and California.
30-Year Rate Now at 5.32%, According to Zillow(R) Mortgage Rate Monitor SEATTLE, Dec. 2 /PRNewswire/ 30-Year Rate Now at 5.32%, According to Zillow(R) Mortgage Rate Monitor
RIVIERA MAYA, Mexico, Dec. 2 /PRNewswire/ In advance of a much-anticipated February 2009 resort and residence opening, Banyan Tree Residences Mayakoba has announced a limited opportunity for a select number of visionaries to purchase the first all-pool villas within Mayakoba, the most exclusive enclave of resorts on the Mayan Riviera.
SAN FRANCISCO, Dec. 2 /PRNewswire/ A new breed of super-architect is emerging. Classically trained, multi-talented architects are imbuing contemporary architecture with industrial design, creating transformative environments with large-scale, one-of-a-kind fabrications, and the results are astounding.
JEKYLL ISLAND, Ga., Dec. 1 /PRNewswire-USNewswire/ In a called board meeting Monday, the Jekyll Island Authority approved a Private Partnering Agreement with Linger Longer Communities, establishing a public-private partnership intended to bring about revitalization and long-term sustainability of Jekyll Island. Linger Longer was selected by the Jekyll Island Authority in September 2007 as the revitalization partner, and has since worked with the Authority on a final Beach Village plan and a legal contract that establishes a long-term partnership.
DENVER, Dec. 1 /PRNewswire-FirstCall/ ProLogis (NYSE: PLD), the world's largest owner, manager and developer of distribution facilities, announced today that it has closed on a RMB 723 million ($105.8 million) financing with a syndicate of four banks, comprising Bank of America, RBOS/ABN AMRO, Sumitomo Mitsui and Bank of China. The pricing is 110 percent of the applicable PBOC base rate and the facility will have a maturity date of November 28, 2011. Banc of America Securities served as sole lead arranger on the refinancing.
DENVER, Dec. 1 /PRNewswire-FirstCall/ ProLogis (NYSE: PLD), the world's largest owner, manager and developer of distribution facilities, announced today that its Board declared a dividend in the amount of $1.0675 per Cumulative Redeemable Series C preferred share, payable on December 31, 2008, to shareholders of record on December 16, 2008. Series C preferred share dividends are cumulative and payable quarterly at an annualized rate of $4.27 per share.
