Yearly Archives: 2015

Chairman Hensarling on Administration Lowering FHA Mortgage Insurance Premiums

WASHINGTON, D.C. - January 08, 2014 - (RealEstateRama) -- House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement regarding reports that President Obama on Thursday will announce executive action to lower Federal Housing Administration (FHA) mortgage insurance premiums

Pendleton County gets $500,000 grant for new ambulance building

FRANKFORT, Ky. - January 08, 2014 - (RealEstateRama) - Gov. Steve Beshear this week announced a $500,000 Community Development Block Grant (CDBG) to construct a new building to house ambulances in Pendleton County. The facility will replace the county’s current ambulance building, which is inefficient and experiences frequent flooding from the nearby Licking River

Stronger Economy, Solid Job Growth Expected to Boost Home Sales in 2015

WASHINGTON - January 08, 2014 - (RealEstateRama) - Existing-home sales are forecasted to rise about 7 percent in 2015 behind a strengthening economy, solid job gains and a healthy increase in home prices, according to National Association of Realtors® Chief Economist Lawrence Yun in a newly-released video on his 2015 housing market expectations

Volunteers Encouraged to Help With Citywide Count of Homeless Persons on January 29, 2015

WASHINGTON, D.C. - January 08, 2014 - (RealEstateRama) - Community volunteers are encouraged to participate in the count of homeless persons in Long Beach on Thursday, January 29, 2015. The biennial Homeless Count, required by the U.S. Department of Housing and Urban Development (HUD), defines the scope of homelessness, both in the community and across the nation, and helps to determine existing resources, identify gaps, and highlight progress toward ending homelessness

CBA Builds Out Congressional Affairs Team

WASHINGTON, D.C. - January 08, 2014 - (RealEstateRama) - The Consumer Bankers Association (CBA) has hired three new team members to prepare for the 114th Congress. The bipartisan hires all come with significant Capitol Hill experience and will be led by CBA’s Senior Vice President of Congressional Affairs, Reagan Anderson.

ABC Chooses Fringe Benefit Group as Strategic Partner for Ethics and Compliance

Washington, D.C. - January 07, 2014 - (RealEstateRama) - Associated Builders and Contractors (ABC) and Fringe Benefit Group, an industry leader in the design, implementation and administration of health and retirement plans for contractors, today announced they have signed a strategic partnership agreement. As ABC’s fourth strategic partner, Fringe Benefit Group will leverage its resources to assist ABC and its 70 chapters in supporting the ABC core value of helping members stay in compliance with government regulations and informed about important compliance information

AVANATH CAPITAL MANAGEMENT ANNOUNCES ACQUISITION OF EIGHT AFFORDABLE HOUSING COMMUNITIES IN 2014

IRVINE, Calif. - January 07, 2014 - (RealEstateRama) - Avanath Capital Management, LLC, a private real estate investment manager, has announced the company closed eight affordable housing acquisitions totaling more than 1,700 units in 2014, making the firm one of the largest purchasers of affordable assets in the calendar year, according to Daryl Carter, Founder, Chairman and CEO of Avanath Capital Management, LLC, and this year’s Chairman of the National Multi Housing Counci

GEORGE SMITH PARTNERS SECURES $36 MILLION IN FINANCING FOR THE RENOVATION OF A...

LOS ANGELES, Calif. - January 07, 2014 - (RealEstateRama) - Commercial real estate investment banking firm George Smith Partners has successfully arranged a $36 million bridge-to-perm loan for client Far West Management for the renovation of its property, Villa Del Mar Apartment Homes, a Marina Del Rey-waterfront, 196-unit, four-building multifamily complex with 209 boat slips, located on a leasehold, according to George Smith Principal and Managing Director Steve Bram and Senior Vice President David Pascale.

CT REIA Monthly Meeting: How to Buy REOs and Notes for Big Profits

WASHINGTON, D.C. - January 07, 2014 - (RealEstateRama) - Sue, a mom of three, starting as a struggling art teacher in a CT local high school. Sue Nelson began investing in real estate to provide a better life and security for her and her family. She realized she had a lot of catching up to do and was attracted to the big profits that could be realized quickly in commercial real estate. Sue quickly discovered and created little used techniques that allowed her to take control over many commercial properties. Today she and her partners own over 1500 commercial units and now one of the worlds leading

CONSTRUCTION SPENDING DROPS IN NOVEMBER AS MONTHLY PUBLIC-SECTOR AND PRIVATE NONRESIDENTIAL DECLINES OFFSET PRIVATE...

WASHINGTON, D.C. - January 06, 2014 - (RealEstateRama) - Construction spending edged down in November but outlays for the year remained on track for a modest increase over 2013 totals, according to an analysis by the Associated General Contractors of America. Association officials said the new spending figures come as the group's members prepare a new push for action on a series of federal infrastructure programs, including funding for highway and transit upgrades and to maintain clean water systems across the country

CBRE CLOSES APARTMENT SALE IN CENTRAL FLORIDA

Orlando, FL - January 06, 2014 - (RealEstateRama) - CBRE arranged the sale of Madison Carrington Place, located at 129 E. Villa Capri Circle, DeLand, FL, for $14.3 million. The 224-unit apartment community was completed in 1987 and has a current occupancy of 97%. CBRE exclusively represented the seller in the transaction, Equus Capital Partners, LTD

NOMINATIONS NOW OPEN FOR ORANGE COUNTY’S ONLY COMMERCIAL REAL ESTATE AWARDS – THE...

Orange County, California - January 06, 2014 - (RealEstateRama) - Nominations are now open for the fourth annual SPIRE Awards, Orange County’s only commercial real estate industry awards program, which recognizes the achievements of men and women throughout Orange County. Nomination forms for the awards, which are due by Tuesday, January 20,

Meridian Sells Last Units in 64,000 SF Medical Business Complex in Bakersfield, Calif.

SAN RAMON, CALIF. - January 06, 2014 - (RealEstateRama) - Meridian Property Company, a full service real estate developer and owner of medical real estate, recently closed escrow on the sale of its last two remaining units at Meridian Professional Center in Bakersfield, Calif., a 63,776-square-foot, 11-building medical/office complex situated in Kern County developed and owned by Meridian. Colliers International of Bakersfield represented both the buyer and seller

Business Real Estate Press Releases

FEMA

FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Houston, Pasadena and Webster for rebuilding tips from mitigation experts.

Recent Gov & Nonprofit Real Estate Press Releases

SCR

Charleston South Carolina expected to outpace national real estate market averages...

The National Association of Realtors® (NAR) recently identified 10 markets expected to outperform over the next three to five years. In alphabetical order, the markets are