Yearly Archives: 2014

Easton Man Pleads Guilty, Sentenced to Jail in Connection with Stealing More Than $100,000...

FALL RIVER - December 31, 2014 - (RealEstateRama) -- An Easton man has pleaded guilty and been sentenced to jail in connection with stealing $112,000 from customers in a “Rent to Own” advance-fee scheme, Attorney General Martha Coakley’s Office announced today.  He was also ordered to make full restitution to his victims

Governor Quinn Signs Law to Expand Property Tax Exemption for Veterans with Disabilities

CHICAGO - December 31, 2014 - (RealEstateRama) -- Governor Pat Quinn today signed legislation to support secure homeownership for veterans with disabilities and their families. The new law expands property tax exemptions for veterans with disabilities, which will reduce the financial burden of homeownership. Today’s action is part of Governor Quinn’s agenda to honor and support the men and women who have served our nation

Pending Home Sales Show Modest Gain in November

WASHINGTON - December 31, 2014 - (RealEstateRama) -- Pending home sales slightly improved in November and are above year-over-year levels for the third straight month, according to the National Association of Realtors®. All major regions except for the Midwest experienced a slight gain in activity in November.

Economist Anirban Basu, as well as representatives from the multifamily and hospitality industries to...

Las Vegas, NV - December 31, 2014 - (RealEstateRama) -- With the need to innovate and save time and money on new construction projects more important now than ever before, join the Modular Building Institute and their slate of world-class speakers at the 32nd annual World of Modular convention and expo, March 13-16 in Las Vegas, Nevada to find out the latest on the most efficient construction methods

California Housing Finance Agency Comments on S&P’s Ratings Upgrade

SACRAMENTO - December 25, 2014 - (RealEstateRama) - The California Housing Finance Agency commented today on a decision by Standard & Poor's Rating Service to upgrade its rating on the agency's Multifamily Housing Revenue Bonds III from AA to AA

CONSTRUCTION EMPLOYMENT INCREASES IN 224 OUT OF 339 METRO AREAS BETWEEN NOVEMBER 2013 &...

WASHINGTON, D.C. - December 25, 2014 - (RealEstateRama) -- Construction employment expanded in 224 metro areas, declined in 64 and was stagnant in 51 between November 2013 and November 2014, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials said contractors in many parts of the country were benefitting from growing demand, yet labor shortages threaten to undermine the sector's recovery

Alpharetta Georgia Real Estate Listing Just Sold by The Mary Ellen Vanaken Team

WASHINGTON, D.C. - December 25, 2014 - (RealEstateRama) -- This home was listed for $1,150,000 and sold for $1,088,000. This home is located in the The Manor Golf and Country Club subdivision of Alpharetta 30004. This home is a two story, single family home. Peace and tranquility highlight this executive home with high ceilings throughout, gorgeous trim, and a new gourmet kitchen with SubZero/Thermador appliances. The home is a very spacious and perfect for entertaining with five fireplaces that creates a cozy feel throughout. The terrace level features a fully equipped bar, billiard area, state of the art theater room, and a personal work out room. There are multiple patio spaces overlooking a heated salt water pool, jacuzzi, and a meticulously landscaped private yard

CBRE CLOSES $25 MILLION SALE OF MIXED-USE ASSET IN PRIME MIAMI LOCATION

Miami, FL - December 25, 2014 - (RealEstateRama) -- CBRE arranged the sale and financing of a 126,004-square-foot, bank-anchored office building, 9,249-square-foot retail strip center and standalone CVS drug store located on an 8.71-acre site at the intersection of West Flagler Street and SW 87th Avenue in Miami, Florida. Flagler West Corporate Park | The Centre at the Waterways, located at 8700-8750 W. Flagler Street, was acquired from Nationwide Theatres West Flagler, LLC, for $25 million by Flagler West Corporate Center, LLC. CBRE represented the seller in the transaction. For the buyer, CBRE Debt and Structured Finance originated an $18.75 million CMBS loan and a $2 million mezzanine loan. The loans are non-recourse, have 10-year terms and several years of interest-only payments

The Mary Ellen Vanaken Team Sells A North Atlanta Home Crooked Creek in 30004

WASHINGTON, D.C. - December 25, 2014 - (RealEstateRama) -- The property located on Wolf Willow Close is located in the neighborhood of Crooked Creek in Alpharetta, Georgia, 30004. It is a 4 bedroom, 3.5 bath home with a master bedroom on the main level and stunning chef's kitchen. The home provides beautiful hardwood floors throughout, 3 bedrooms upstairs, a fully unfinished basement ready for a media room and more. Complete with beautiful landscaping it sold for $492,000

Northern California Real Estate Investor Pleads Guilty to Bid Rigging and Fraud at Public...

WASHINGTON, D.C. - December 25, 2014 - (RealEstateRama) -- A Northern California real estate investor pleaded guilty for his role in bid rigging and fraud at public real estate foreclosure auctions in Northern California, the Department of Justice announced.

FEMA Housing Mission Sees Continued Progress

DENVER - December 25, 2014 - (RealEstateRama) -- As 2014 comes to an end, the temporary housing program managed by the Federal Emergency Management Agency in the aftermath of the September 2013 foods continues to assist Colorado families while helping them secure permanent housing.  There are 13 households in Boulder, Weld and Larimer counties still residing in FEMA-provided manufactured housing units, with the program scheduled to be completed by mid-March. Over the course of this housing program, a total of 47 households in the three counties have found housing in FEMA-provided manufactured homes.

November 2014 Residential Permit Statistics

WASHINGTON, D.C. - December 24, 2014 - (RealEstateRama) -- With a typical November dip in permit activity, the metro area saw 306 single family permits issued during the month, according to the Home Builders Association of Greater Kansas City’s (HBA) monthly Residential Building Permit Statistics report.  The year to date single family permit total is 3,897 compared to 2013 with 3,802 for a 2 percent increase.  The local increase in multi-family housing is following nation-wide trends with 381 permits issued during November, bringing the 2014 year to date multi-family count to 3,627

California pending home sales cool down in November

LOS ANGELES - December 24, 2014 - (RealEstateRama) -- California’s pending home sales slowed down in November as seasonal factors kicked in and shrinking housing affordability remained an issue, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today

Stiles Property Fund and Prudential Real Estate Investors Acquire Trophy Class A Office Asset...

Fort Lauderdale, Fla. - December 23, 2014 - (RealEstateRama) -- Fort Lauderdale-based Stiles and Prudential Real Estate Investors announced today the acquisition of 200 East Las Olas (also known as “New River Center” or the “Property”), a 20-story trophy Class A office tower located directly on Las Olas Boulevard in the heart of Fort Lauderdale’s bustling central business district. Developed by Stiles in 1990, this institutional quality asset is currently 86% leased and encompasses 281,713 rentable square feet of some of the most desirable office and ground-floor retail space in the vibrant South Florida region.

Sen. Warner Asks DDOT, Capitol Crossing Development for I 395 Traffic Impact Analysis

WASHINGTON - December 23, 2014 - (RealEstateRama) -- U.S. Sen. Mark R. Warner (D-VA) today asked the District of Columbia Department of Transportation (DDOT) and the developer of the planned Capitol Crossing project to provide information on the impacts of planned highway and ramp restrictions on the 90,000 vehicles using the Third Street Tunnel along Interstate 395 each day. District officials and the Federal Highway Administration recently rejected the builder’s proposal to completely close a section of the interstate for up to 18 months during the construction of Capitol Crossing, and current plans call for restrictions on 395 traffic flows during overnight and weekend hours

Vermont Veterans’ Home on VA Priority List for $1 Million Grant

BURLINGTON, - December 23, 2014 - (RealEstateRama) -- U.S. Senate Veterans’ Affairs Committee Chairman Bernie Sanders (I-Vt.) today welcomed a Department of Veterans Affairs announcement that the state-run Vermont Veterans’ Home in Bennington is in line for a nearly $1 million federal matching grant

City Provides 2014 End of Year Update on Integrated Infrastructure Improvements

NEW ORLEANS, LA - December 23, 2014 - (RealEstateRama) -- Today, Mayor Mitch Landrieu provided an end of the year recap on integrated infrastructure improvements across the New Orleans by completed by the Sewerage and Water Board of New Orleans (S&WB) and City’s Department of Public Works (DPW)

COLORADO ATTORNEY GENERAL’S OFFICE CHARGES TWO ADDITIONAL FORECLOSURE LAW FIRMS WIH FRAUD

DENVER - December 23, 2014 - (RealEstateRama) -- Colorado Attorney General John Suthers today announced civil law enforcement actions against foreclosure law firms Robert J. Hopp & Associates and The Hopp Law Firm, including its principal Robert Hopp and affiliated title company National Title, and The Vaden Law Firm, including its principal Wayne Vaden and affiliated title company City Park Title. The firms and their affiliated businesses are accused of inflating foreclosure costs charged to homeowners and others in violation of the Colorado Consumer Protection Act and the Colorado Fair Debt Collection Practices Act.

Mayor Walsh Signs Ordinance Extending Tenant Protections

BOSTON - December 23, 2014 - (RealEstateRama) -- Delivering on a commitment of the Walsh Administration’s housing plan, Mayor Martin J. Walsh announced today that he has signed an ordinance, offered in the City Council by Councilor Josh Zakim, which doubles the amount of compensation offered to tenants when their units become converted into condominiums

New Home Sales Fall 1.6 Percent in November

WASHINGTON, D.C. - December 23, 2014 - (RealEstateRama) --Sales of newly built, single-family homes dropped 1.6 percent in November to a seasonally adjusted annual rate of 438,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau

Business Real Estate Press Releases

Top Tips For Buying Your First Home

Buying your first home can be stressful, but it doesn’t have to be. While moving home can be a whirlwind, with a good understanding of the process and what documents you need to be completed by what stage of the moving process, you can rest assured that your move will go to plan. In order to make buying your first home easier for you, we've put together some of our top tips.

Recent Gov & Nonprofit Real Estate Press Releases

Enterprise Community Partners

Brian McLaughlin to lead Enterprise Community Development, one of the nation’s...

Brian McLaughlin has been named president and CEO of Enterprise Community Development (ECD), a new organization that brings together two of the Mid-Atlantic’s leading developers and managers of affordable, well-designed homes: Community Preservation