Yearly Archives: 2011

CBRE CAPITAL MARKETS ARRANGES $18.5 MILLION LOAN FOR STUDENT HOUSING PROPERTY IN LEXINGTON, KY

Lexington, KY - December 14, 2011 - (RealEstateRama) -- CBRE Capital Markets arranged an $18.5 million loan via Freddie Mac for the purpose of taking out bank construction financing on Red Mile Village, a 537-bedroom Class A student housing property near the University of Kentucky in Lexington, Kentucky. The 10-year fixed rate loan was arranged on behalf of RCH Development, Inc. based in Jackson, Missouri. Terms of the loan include a sub-5% interest rate, 75% loan- to-value and a 1.35x DSCR.

Meeting of the State Property and Buildings Commission

FRANKFORT, KY - October 12, 2011 - (RealEstateRama) -- The State Property and Buildings Commission (SPBC) will hold a meeting on Thursday, Oct. 13, 2011 at 2 p.m. in Room 182 of the Capitol Annex, Frankfort, Kentucky

Kentucky Receives $800,000 in Grants for Contaminated Land Cleanup and Assessment from the U.S....

FRANKFORT, KY - October 6, 2011 - (RealEstateRama) -- The Kentucky Department for Environmental Protection announced that the U.S. Environmental Protection Agency (EPA) has awarded four brownfield grants to Kentucky totaling $800,000 to fund the assessment and cleanup of properties with environmental problems. Brownfields are properties that are abandoned or underutilized due to real or perceived environmental contamination. They can include old factories, former gas stations, mine-scarred lands and abandoned dry cleaning establishments.

Make a Financial Plan – And Check Out Your Adviser or Lender

FRANKFORT, KY - October 4, 2011 - (RealEstateRama) -- The Department of Financial Institutions (DFI) urges consumers to take time during Financial Planning Week, Oct. 3-9, 2011, to re-evaluate personal goals and the financial paths to achieve them.

Housing Discrimination Complaint by Lexington Fair Housing Council Results in $42,000 Conciliation Agreement

September 19, 2011 - (RealEstateRama) -- The Kentucky Commission on Human Rights Board of Commissioners recently ruled on discrimination complaints that included a $42,000 conciliation agreement resulting from a housing discrimination complaint brought by the Lexington Fair Housing Council:

Meeting of the State Property and Buildings Commission

FRANKFORT, KY - July 12, 2011 - (RealEstateRama) -- The State Property and Buildings Commission (SPBC) will hold a meeting on Wednesday, July 13, 2011 at 11 a.m. in Room 182 of the Capitol Annex, Frankfort, Ky.

No Increase in State Property Tax Rate for 2011

FRANKFORT, KY - July 6, 2011 - (RealEstateRama) -- The Kentucky Department of Revenue has set the 2011 State Real Property Tax Rate at 12.2 cents per $100 of assessed value – the same rate as last year. Kentucky Revised Statute 132.020 requires the Department of Revenue to set the real property rate no later than July 1 of each year.

Kentucky Housing Corporation of Board of Directors to Meet

June 23, 2011 - (RealEstateRama) -- The Kentucky Housing Corporation Board of Directors will meet Thursday, June 23, 2011, 10 a.m., Eastern time, 1231 Louisville Road, Frankfort, Kentucky. A copy of the agenda for the meeting accompanies this notice

Beshear administration sells over $7 million in state-owned real estate

FRANKFORT, KY - June 16, 2011 - (RealEstateRama) -- Governor Steve Beshear today announced that during his administration the Commonwealth has generated $7.45 million in revenue by selling surplus state-owned real estate – evidence of further efficiency successes resulting from his ongoing Smart Government Initiative (SGI).

Meeting of the State Property and Buildings Commission

FRANKFORT, KY - June 14, 2011 - (RealEstateRama) -- The State Property and Buildings Commission (SPBC) will hold a meeting on Tuesday, June 14, 2011 at 1 p.m. in Room 182 of the Capitol Annex, Frankfort, Ky.

Kentucky Housing Corporation Finance Committee of the Board of Directors to Meet

June 9, 2011 - (RealEstateRama) -- The Kentucky Housing Corporation Finance Committee of the Board of Directors will meet Tuesday, June 7, 2011, 1 p.m., Eastern time, 1231 Louisville Road, Frankfort, Kentucky. A copy of the agenda for the meeting accompanies this notice.

Cypress Residential Group adopts IDX Broker software for Lexington, Kentucky real estate website

EUGENE, OR - June 1, 2011 - (RealEstateRama) -- IDX, Inc. is pleased to announce Nick Ratliff, real estate broker from the Cypress Residential Group, has enabled an IDX solution on his Lexington, Kentucky online realty resource. Simplifying the online property search, Ratliff now displays thousands of area listings directly on his professional page. His membership with the Lexington Bluegrass MLS (LBAR), allows him to seamlessly integrate area property listings into his search function, giving home seekers more access than ever before to detailed home listings and real estate information.

Guthrie Announces Hardin County is Eligible for Individual Disaster Assistance

Washington, D.C. - May 20, 2011 - (RealEstateRama) -- Congressman Brett Guthrie (KY-02) announced Friday, May 20, 2011, that homeowners, renters and businesses in Hardin County who suffered damages in the severe storms, tornadoes and flooding on April 22, 2011, and continuing, can now begin the process of applying for federal and Commonwealth disaster assistance.

Gov. Beshear Presents Energy Efficiency, Homeland Security Grants for Daviess County

OWENSBORO, KY - May 18, 2011 - (RealEstateRama) -- Governor Steve Beshear today presented funding for energy efficiency updates and state homeland security grants in Daviess County. A $58,800 Energy Efficiency and Conservation Block Grant (EECBG) is funding energy efficient updates to the Daviess County Courthouse, and a $75,600 EECBG is supporting retrofits at the Green River Area Development District (GRADD) building in Owensboro

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR KENTUCKY STATE STORM VICTIMS

WASHINGTON, DC - May 6, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Kentucky and provide support to homeowners and low-income renters forced from their homes following severe storms, tornadoes, and flooding last week.

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