Tuesday, March 19, 2024

Monthly Archives: May 2014

Murray Tells Success Stories of Washington State Constituents Helped by Low Income Housing Alliance

Washington, D.C. - May 29, 2014 - (RealEstateRama) -- Yesterday, Tuesday, May 27th, 2014, U.S. Senator Patty Murray, Chair of the Senate Transportation and Housing Appropriations Subcommittee, spoke at a Low Income Housing Alliance event in Seattle. Senator Murray discussed her ongoing efforts to ensure families in Washington state have access to safe and affordable housing.

Builders Development Group Meets with N.J. American Water Co. to Hear about Improvements

WASHINGTON, D.C. - May 29, 2014 - (RealEstateRama) -- The rapid growth of Lakewood, now the largest municipality in Ocean County and the seventh largest in the state, has meant increased demand for services between developers and contractors, and utility companies.

Fannie: Housing Remains Economy’s Weakest Link

WASHINGTON, D.C. - May 29, 2014 - (RealEstateRama) -- Fannie Mae economists said the U.S. economy is poised for growth despite having stalled during the first quarter, but they noted that housing remains the weakest link, Inman News reported May 21.

EPA Provides $388,000 to Assess Contaminated Properties in the Cano Martin Pena Communities in...

San Juan, P.R. - May 29, 2014 - (RealEstateRama) -- The U.S. Environmental Protection Agency is providing grants totaling $388,000 to Corporacion Del Proyecto ENLACE del Cano Martin Pena in San Juan, Puerto Rico to assess abandoned and contaminated properties. The funding was awarded through the EPA’s Brownfields Program, which helps communities assess, clean up, redevelop and reuse contaminated properties. Brownfields are properties with moderate contamination which can threaten environmental quality and public health and can interfere with redevelopment.

CFPB Takes Action Against RealtySouth for Mortgage Disclosure Violations

WASHINGTON, D.C. - May 29, 2014 - (RealEstateRama) -- Today the Consumer Financial Protection Bureau (CFPB) ordered RealtySouth, the largest real estate firm in Alabama, to pay $500,000 for inadequate disclosures that could leave consumers unaware of their rights to choose service providers during the home-buying process. The practices identified by the CFPB’s investigation illegally benefited TitleSouth LLC, an affiliated company owned by the same holding company that owns RealtySouth.

Connecticut Law Could Shift Appraiser Requirements

WASHINGTON, D.C. - May 29, 2014 - (RealEstateRama) -- Connecticut Gov. Dannel Malloy is expected to sign into a law a bill that will change the state’s real estate appraiser and appraisal management regulations to bring them into compliance with federal requirements, Valuation Review reported May 21

HUD RETURNS HOUSING AUTHORITY OF NEW ORLEANS TO LOCAL CONTROL

WASHINGTON - May 29, 2014 - (RealEstateRama) -- After more than 12 years, the U.S. Department of Housing and Urban Development (HUD) announced today that it is returning the Housing Authority of New Orleans (HANO) to local control from federal receivership effective June 30, 2014. HUD took possession of HANO in February of 2002 for substantial default of the agency’s obligation set forth in the Annual Contributions Contract (ACC)

American Winter foreclosure documentary screening in Everett June 10

OLYMPIA - May 28, 2014 - (RealEstateRama) -- The foreclosure crisis is anything but “over” for thousands of Washington families. Though the number of foreclosures is gradually decreasing, data from the Mortgage Bankers Association showed more than 25,000 homes in the foreclosure process at the end of 2013. Those numbers represent real people, real families, who are struggling to make ends meet — some who are facing homelessness.

PIQUET REALTY ANNOUNCES EXECUTIVE CHANGES

MIAMI - May 28, 2014 - (RealEstateRama) --- Piquet Realty, a leading luxury real estate firm with deep ties to the Brazilian investor community, today announced management changes at the top-level of the company. Cristiano Piquet, formerly President, will now serve as Chief Executive Officer of Piquet Realty. Daniel Piquet, former Chief Financial Officer will now assume the role of President. Benjamin Benalloul will continue to run the New York office, as Vice President

FTC Mails Refund Checks Totaling Nearly $3 Million to Consumers Victimized by Alleged Mortgage...

WASHINGTON, D.C. - May 28, 2014 - (RealEstateRama) -- The Federal Trade Commission, through an administrator, is mailing checks totaling nearly $3 million to over 6,300 consumers who were victims of a mortgage relief scheme. Using names such as Prime Legal Plans and Reaching U Network, the defendants allegedly made false promises that they could help consumers save their homes from foreclosure or lower their mortgage payments

Realtors® Back HUD and OMB Nominees Julian Castro and Shaun Donovan

WASHINGTON, D.C. - May 28, 2014 - (RealEstateRama) -- The following is a statement by National Association of Realtors® President Steve Brown:

Mikulski, Cardin Announce Rural Development Funding to Improve Water Infrastructure in Frederick County

WASHINGTON, D.C. - May 28, 2014 - (RealEstateRama) -- U.S. Senators Barbara A. Mikulski and Ben Cardin (both D-Md.) today announced that the Town of Emmitsburg has received a $1,000,000 grant from the Department of Agriculture Rural Development (USDA-R...

CONSTRUCTION EMPLOYMENT INCREASES IN 220 OUT OF 339 METRO AREAS BETWEEN APRIL 2013 &...

WASHINGTON, D.C. - May 28, 2014 - (RealEstateRama) -- Construction employment expanded in 220 metro areas, declined in 70 and was stagnant in 49 between April 2013 and April 2014, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials noted that federal spending cutbacks on government facilities and Hurricane Sandy reconstruction were contributing to job losses around Washington, D.C. and New Jersey

HUD ANNOUNCES ALTERNATIVE ACCESSIBILITY STANDARD FOR FEDERALLY FUNDED CONSTRUCTION PROJECTS

WASHINGTON - May 28, 2014 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it is permitting developers of federally funded construction projects to use an alternative design standard to meet the accessibility requirements under Section 504 of the Rehabilitation Act of 1973. With a few exceptions, developers may use the Americans with Disabilities Act (ADA) 2010 Standards (2010 Standards) for accessible design as an alternative to the Uniform Federal Accessibility Standards (UFAS) when undertaking new construction or alterations to existing structures on or after May 23, 2014. Read HUD’s notice.

Not enough insurance? FEMA may be able to help

Little Rock, Ark. - May 28, 2014 - (RealEstateRama) -- As residents rebuild their lives and their homes, representatives of the Arkansas Department of Emergency Management (ADEM) and the Federal Emergency Management Agency (FEMA) are encouraging all people in Faulkner, Pulaski, Randolph and White counties who suffered damages as a result of the tornadoes and severe storms to file with their insurance companies and to register with FEMA

Statement from NAHB Chairman Kevin Kelly on Shaun Donovan’s Service as HUD Secretary

WASHINGTON, D.C. - May 28, 2014 - (RealEstateRama) -- Kevin Kelly, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Wilmington, Del., today issued the following statement regarding Shaun Donovan’s service as secretary of the U.S. Department of Housing and Urban Development:

NAHB Remodelers Now Accepting Entries for Annual Remodeling Awards

WASHINGTON, D.C. - May 28, 2014 - (RealEstateRama) -- Entries are now being accepted for the 2014 NAHB Remodelers awards which include NAHB Remodeler of the Year, National Remodeling Hall of Fame, Homes for Life awards and the Council Awards for Demonstrating Remodeling Excellence (CADRE)

Avison Young completes $5.57-million lease renewal with Catalina Bar & Grill in Hollywood, CA

Los Angeles, CA - May 27, 2014 - (RealEstateRama) -- Avison Young, the world’s fastest-growing commercial real estate services firm, announced today that it has completed a 15-year lease with Catalina Bar & Grill, a dining and entertainment venue in the heart of Hollywood featuring some of the area’s most talented Jazz musicians. Valued at $5.57 million, the lease totaled just under 9,000 square feet (sf)

PCCP, LLC Provides $98 Million Loan to Northland Investment Corporation to Finance Construction of...

New York, NY, - May 27, 2014 - (RealEstateRama) -- PCCP, LLC announced today it has provided a $98 million loan to finance the construction of a 269-unit Class A multifamily property that also includes 27,595 square feet of ground floor retail space. The project is located at a prime intersection at Moody Street and Main Street in the heart of Waltham, Massachusetts, a thriving city nine miles west of Boston. The owner/developer is Northland Investment Corporation

Led By Multifamily, Improvement Seen in All Commercial Real Estate Sectors

WASHINGTON, D.C. - May 27, 2014 - (RealEstateRama) -- The outlook for all of the major commercial real estate sectors is slightly improving despite disappointing economic growth during the first quarter of 2014, according to the National Association of Realtors

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.

Recent Gov & Nonprofit Real Estate Press Releases

U.S. Senator Roger Marshall

Senator Marshalls Slams United Nations Climate Change Goals That Will Harm...

U.S. Senator Roger Marshall, M.D. released the following statement on the United Nations Net-Zero Banking Alliance’s (NZBA) decision to dramatically expand their Green New Deal