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U.S. ROUTE 60 AT VICKSBURG ROAD ROUNDABOUT NAMED ONE OF 2011’S MOST SUCCESSFUL CONSTRUCTION...

HONOLULU - March 15, 2012 - (RealEstateRama) -- Vicksburg’s U.S. Route 60 at Vicksburg Road Roundabout was one of the most successful construction partnerships of 2011, the Associated General Contractors of America announced today. As a result, the project’s contractor, Glendale-based Combs Construction Company, Inc., was one of only three projects to receive the association’s Marvin M. Black Excellence in Partnering Award.

Ninety-Nine Housing Markets Seen as Improving in March

WASHINGTON, D.C. - March 15, 2012 - (RealEstateRama) -- The tally of housing markets showing measurable improvement reached 99 in March, according to the National Association of Home Builders/First American Improving Markets Index (IMI), released today. Currently 33 states (including the District of Columbia) are represented by at least one market on the list.

Home Prices Start to Rise, Sales Trend Higher: Housing Recovery Underway

Denver, CO - March 14, 2012 - (RealEstateRama) -- For the first time in 18 months, home prices in February rose higher. With a median price of $171,881, prices in the 53 cities surveyed by the RE/MAX National Housing Report rose by 1.1% over February 2011. Home sales were even higher, up 8.7% from one year ago. With a positive sales trend of 8 straight months above the previous year, it’s looking like 2012 will witness a very strong home-selling season

BETHESDA-BASED CLARK CONSTRUCTION GROUP HONORED FOR PERFORMING SOME OF THE CONSTRUCTION INDUSTRY’S BEST CHARITABLE...

HONOLULU - March 14, 2012 - (RealEstateRama) -- Bethesda-based Clark Construction Group was honored today for performing some of the construction industry’s best charitable work in 2011 for its efforts in helping communities impacted by the extensive construction work required through the Base Realignment and Closure (BRAC) process. As a result, the construction firm was one of 13 organizations nationwide to win the AGC in the Community Award from the charitable arm of the Associated General Contractors of America, AGC Charities, Inc.

Fractional Ownership Makes It Easy To Be Green

Asheville, NC - March 14, 2012 - (RealEstateRama) -- To the long list of reasons of why your family should consider owning a fractional private residence club instead of a traditional vacation home, add, “better for the environment.” Before dismissing this assertion as green-marketing fluff, consider the following

HUD OFFERS $25 MILLION TO CONVERT MULTIFAMILY APARTMENT BUILDINGS INTO ASSISTED LIVING FACILITIES

WASHINGTON, DC - March 14, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today announced the availability of up to $25 million to help convert multifamily apartment complexes into assisted living facilities or service-enriched housing for low-income senior citizens. The funding offered through HUD’s Assisted Living Conversion Program will provide grants for the physical conversion of eligible multifamily assisted housing projects (or portions of projects) to assisted living facilities or service-enriched housing. Read the funding notice published today.

RE/MAX Reports Northern Illinois Commercial Real Estate MarketExhibits Positive Signs for 2012

CHICAGO, IL - March 14, 2012 - (RealEstateRama) -- Northern Illinois can expect fewer empty storefronts in 2012. Renters will have fewer vacant apartments from which to choose and should expect to pay more to rent the units that are on the market. But we should not expect many new office buildings or strip malls to rise in the area this year, according to a survey of commercial brokers affiliated with the RE/MAX Northern Illinois real estate network.

AHFC Seeks to Revamp the Preference System for Housing Choice Voucher Program

ANCHORAGE, AK - March 13, 2012 - (RealEstateRama) -- Alaska Housing Finance Corporation (AHFC) is seeking public comments regarding its current system that awards points for preferences to individuals who are on waiting lists to receive housing assista...

Schuette Issues Second Subpoena in Criminal Probe of Mortgage Processors

LANSING, MI - March 13, 2012 - (RealEstateRama) -- Michigan Attorney General Bill Schuette today announced that he has issued a second criminal investigative subpoena against national mortgage servicing support provider DocX as his office continues to ...

HUD AWARDS $201 MILLION FOR NEW LOCAL HOMELESS PROGRAMS

WASHINGTON, DC - March 13, 2012 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today awarded nearly $201 million to support 731 new local homeless programs across the country. This funding provides critically needed emergency shelter, transitional housing and permanent support for individuals and families and is a significant part of the Obama Administration’s strategic plan to prevent and end homelessness.

Housing Finance Reform and Comprehensive Tax Overhaul Highlight Apartment Industry’s 2012 Priorities For Capitol...

WASHINGTON, D.C. - March 13, 2012 - (RealEstateRama) -- The National Apartment Association (NAA) and National Multi Housing Council (NMHC) announced the apartment industry’s 2012 policy agenda today as part of the NAA Capitol Conference’s lobby day tomorrow. Top priorities for Capitol Hill in the year ahead include housing finance reform, comprehensive tax overhaul and cost-effective regulations.

MacArthur Awards $2.7 Million to Support Research on How Housing Matters to Children’s Education...

Chicago, IL - March 13, 2012 - (RealEstateRama) -- The MacArthur Foundation announced five grants totaling $2.7 million for research to explore the role housing plays in the long-term health and well-being of children, families, and communities. Recipients will mine and connect existing data sets and resources – such as those from the Centers for Medicare and Medicaid, U.S. Departments of Health and Human Services and Housing and Urban Development, and school statistics – in new ways to reveal insights into the effectiveness of housing policies and related public programs.

THE FEDERATED COMPANIES ANNOUNCES THE SALE OF ITS STUDENT HOUSING COMPLEX

Miami, FL - March 13, 2012 - (RealEstateRama) -- The Federated Companies, a leading national real estate investment and development firm, is pleased to announce that it has completed the sale of Bayside Village, a student housing complex located at 132 Marginal Way in Portland, Maine to Blue Vista Capital Management for $18.2mm. The five-story building, completed in 2009, consists of 402 beds and includes 3,300 square feet of retail space, and a 117 parking space garage. The property is located in an infill location less than a mile from the University of Southern Maine; across the street from Whole Foods, Trader Joe's, and Planet Fitness; and provides easy access to downtown Portland, the Historic Old Port, and I-295.

Iowa Finance Authority State Housing Trust Fund grants to provide affordable housing opportunities for...

Des Moines, IA - March 13, 2012 - (RealEstateRama) -- The Iowa Finance Authority (IFA) Board of Directors recently approved a combined total of more than $105,000 in grants to provide affordable homeownership and rental opportunities to families in Bur...

Almost 3,500 Families Attend HOPE NOW Event in Las Vegas

LAS VEGAS, NV - March 13, 2012 - (RealEstateRama) -- A two-day homeownership event held over the weekend in Las Vegas drew 3,500 Nevada families seeking mortgage assistance. HOPE NOW, Governor Brian Sandoval and more than twenty local organizations hos...

CONSTRUCTION EMPLOYMENT INCREASES IN 28 STATES AND D.C. BETWEEN JANUARY 2011 & 2012 AS...

WASHINGTON, D.C. - March 13, 2012 - (RealEstateRama) -- Construction employment rose in 28 states and the District of Columbia between January 2011 and January 2012, while 20 states lost construction jobs and two held steady—the best net positive showing for state construction employment since 2007, according to an analysis by the Associated General Contractors of America of Labor Department data. Thirty-five states and D.C. added construction jobs between December 2011 and January, while 13 states had decreases for the month and two states had no change.

Seniors and Young Adults Will Influence U.S. Housing Markets

Washington, DC - March 13, 2012 - (RealEstateRama) -- Aging baby boomers and their echo boomer children will significantly impact trends in the nation’s housing market over the next 20 years. In a new report released by the Bipartisan Policy Center, “Demographic Challenges and Opportunities for U.S. Housing Markets,” researchers at the National Association of Realtors®, The Urban Institute, and the University of Southern California analyze key demographic trends and their likely influence on housing and homeownership in the U.S.

Media Advisory: NAHB to Host Universal Design Webinar on Wednesday

WASHINGTON, D.C. - March 13, 2012 - (RealEstateRama) -- The National Association of Home Builders (NAHB) will host a webinar this Wednesday on universal design, including demographics of the market and popular products and designs. Builders and remodelers are incorporating more universal design practices to make homes more user-friendly for home owners.

If Only George Vanderbilt Could Have Been A Private Residence Club Owner

Asheville, NC - March 12, 2012 - (RealEstateRama) -- When George Washington Vanderbilt visited Asheville, North Carolina, in 1888 he fell in love with the area’s fresh air, great weather, vibrant culture and views of the Blue Ridge Mountains. Vanderbilt, heir to a family fortune, returned to Asheville the following year to begin building his summer estate modeled after a 16th-century French châteaux. He created his “little mountain escape” so he could pursue his passion for art, literature, and horticulture. Today, Vanderbilt’s home, known as Biltmore Estate, is the largest privately owned “vacation home” in the U.S. At an incredible 175,000 square feet it is larger than most hotels.

JANUARY MULTIFAMILY TRANSACTIONS UP, DOLLAR VOLUME FALLS,ACCORDING TO ARIEL PROPERTY ADVISORS’ REPORT

NEW YORK, NY - March 12, 2012 - (RealEstateRama) -- Multifamily transactions in New York City increased six percent in January 2012 compared to December 2011, but month-over-month dollar volume fell due to the absence of deals by institutional investor...

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

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.