Press Releases
Laws & Taxes

Pircher, Nichols & Meeks Announces Hire of Ruth A. Schoenmeyer As Of Counsel

CHICAGO – September 24, 2014 – (RealEstateRama) – Pircher, Nichols & Meeks, a national real estate law firm with offices in Chicago and Los Angeles, announced Ruth A. Schoenmeyer has joined the firm as of counsel in the Chicago office. Schoenmeyer’s practice will be focused on retail leasing.

Pircher, Nichols & Meeks Hires Asher Harrison Luzzatto As New Associate

LOS ANGELES, Calif. – July 2, 2014 – (RealEstateRama) — Pircher, Nichols & Meeks, a national real estate law firm with offices in Los Angeles and Chicago, announced that Asher Harrison Luzzatto has joined the firm as an associate in the Los Angeles office. Luzzatto’s experience includes a deep involvement with public interest organizations and environmental law.

RE/MAX Announces Closing of its Initial Public Offering

Denver, CO – October 8, 2013 – (RealEstateRama) — RE/MAX Holdings, Inc. (the “Company” or “RE/MAX”), one of the world’s leading franchisors of real estate brokerage services, has completed its initial public offering of 11,500,000 shares of Class A common stock at $22.00 per share, including the full exercise of the option to purchase 1,500,000 additional shares granted to the underwriters. The Company’s Class A common stock began trading on the New York Stock Exchange under the symbol “RMAX” on October 2, 2013

2013 Property Assessment Roll

WASHINGTON, D.C. – July 2, 2013 – (RealEstateRama) — Assessor-Recorder-County Clerk Dennis Draeger signed the annual property assessment roll today. The assessment roll contained 817,635 parcels and is valued at $167,498,015,331. This is a net increase as compared to the 2012 assessment roll of 3%. A significant reason for the increase was the improvement in the real estate market and the recovery of values previously reduced under decline in market value provisions.

Home Sales Increase During April, But Uncertainty, Domestic Issues Diminish Stronger Success

SAN DIEGO – May 30, 2013 – (RealEstateRama) — Home sales increased last month compared to March, according to DataQuick’s April Property Intelligence Report (PIR), yet domestic issues and uncertainty factors continue to stop sales from reaching their full market potential

Cleanup Begins in Oklahoma, Price Gouging Law in Effect

WASHINGTON, D.C. – May 27, 2013 – (RealEstateRama) — As volunteers and charities like the Red Cross continue the daunting task of cleanup in Oklahoma after a chart topping tornado ripped through the state on May 21, Governor Mary Fallin has declared a state of emergency and executed a 1999 law designed to protect consumers from price gouging.

Will Nick Rahall Say No To Obama’s Tax Hikes On Middle Class Families?

WASHINGTON, D.C. – April 24, 2013 – (RealEstateRama) — Two months after the legal deadline, President Obama finally submitted his budget recently —one that never, ever balances and includes new spending. And yesterday the non-partisan Tax Policy Center provided the “cherry on top.”

Taxpayer Lien to Be Served on Starwood Capital (STWD)

New York City, NY – April 12, 2013 – (RealEstateRama) — Build Up New York City’s Middle Class Maria will visit Starwood Capital Group (STWD) properties in New York City to highlight the generous support the company receives from taxpayers for its highly profitable developments. She will demand that Starwood use the billions in tax dollars it receives to create public good, not just profits for the owner. Maria will then deliver a taxpayer lien to STWD at its corporate headquarters in Greenwich, Connecticut for “feasting at the public trough and not creating good middle class jobs!”

MERS’ Role in Rhode Island Affirmed by State Supreme Court

Reston, Virginia – April 12, 2013 – (RealEstateRama) — MERSCORP Holdings, Inc. today announced that a five-justice panel of the Rhode Island Supreme Court held that Mortgage Electronic Registration Systems, Inc. (MERS), being named as the mortgagee as the agent of the promissory note-owner of the mortgage, is consistent with Rhode Island law.

Montana Court: “Law Permits MERS to Act as Nominee for the Lender”

Reston, Virginia – April 9, 2013 – (RealEstateRama) — MERSCORP Holdings, Inc. today announced that Judge John C. Brown of the Montana 18th Judicial District Court ruled in favor of Mortgage Electronic Registration Systems, Inc. (MERS) and other defendants, rejecting a multi-count wrongful foreclosure complaint

Lower Spending, Lower Taxes, Lower Borrowing in Morris County 2013 Budget

WASHINGTON, D.C. – March 29, 2013 – (RealEstateRama) — The Morris County Freeholders have unanimously adopted a 2013 county budget that contains a zero percent increase in taxes while maintaining critical county services.

First Circuit Court of Appeals Rules MERS “Faithful” to “Mortgage Law”

Reston, Virginia – February 20, 2013 – (RealEstateRama) — MERSCORP Holdings, Inc. today announced that a three-judge panel of the U.S. Court of Appeals for the First Circuit issued a ruling favorable to Mortgage Electronic Registration Systems, Inc.’s role and authority as mortgagee by affirming a U.S. District Court dismissal in Culhane v. Aurora.

Nixon Peabody Elects 13 Attorneys to Partnership; Female Partners Make Up More than 60% of the 2013 Clas

Boston, MA – January 15, 2012 – (RealEstateRama) — Nixon Peabody LLP will promote 13 attorneys, including eight female lawyers, to its partnership effective February 1, 2013.

CDFI Fund Opens 2012 Competition Round of New Markets Tax Credit Program

Washington, DC – July 16, 2012 – (RealEstateRama) — In anticipation of its likely publication in the Federal Register on July 19, 2012, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released today its 2012 Notice of Allocation Availability (NOAA) which officially opens the 2012 round of competition under the New Markets Tax Credit Program (NMTC Program)

CONSTRUCTION EMPLOYMENT REMAINS NEARLY FLAT IN APRIL BUT RISES 1.1 PERCENT FROM A YEAR AGO; UNEMPLOYMENT RATE FALLS TO 14.5 PERCENT, A FOUR-YEAR LOW

WASHINGTON, D.C. – May 7, 2012 – (RealEstateRama) — The construction industry lost 2,000 jobs in April, following similar declines of 3,000 in March and 1,000 in February, but still added 63,000 jobs over the past year as the industry unemployment rate shrank to 14.5 percent—the lowest April level in four years, according to an analysis of new federal employment data released today by the Associated General Contractors of America. Association officials said that lack of long-term federal highway and transit funding, along with other infrastructure budget cuts, threatens to limit construction job growth.

ABA Symposia to Feature Trends, New Developments Related to Real Property, Trust and Estate Law Practice

WASHINGTON, D.C. WASHINGTON, D.C. The economic downturn and the unprecedented changes confronting the real estate industry have created significant new challenges for lawyers practicing real property law and trust and estate law. The American Bar Association Section of Real Property, Trust & Estate Law 23rd Annual Spring Symposia will focus on industry trends and expert guidance to help lawyers meet the challenges and opportunities of the new practice environment. The symposia will be held May 3 – 4, at the Grand Hyatt New York.

Nevada Short Sales | Is Time Running Out For Nevada Homeowners?

Las Vegas, NV – February 1, 2012 – (RealEstateRama) — If you’ve been thinking about doing a short sale on your Nevada home, you might want to hurry up. The time is limited for homeowners who want to ensure they aren’t hit with a big tax bill becau…

GPE Commercial Advisors Hires Amy Dattilo as Associate Vice President

Phoenix, AZ – January 13, 2012 – (RealEstateRama) — GPE Commercial Advisors is pleased to announce that Amy Dattilo has joined their Brokerage Division as Associate Vice President specializing in office sales & leasing as well as tenant & la…

Michael Seiden Joins Pircher, Nichols & Meeks As Associate

Torrance, CA – January 5, 2012 – (RealEstateRama) — Michael Seiden has joined the national real estate law firm Pircher, Nichols & Meeks in its Los Angeles office. Seiden is an addition to Pircher’s real estate department.

NEW LAWS TO IMPACT CALIFORNIA HOMEOWNERS NEXT YEAR

LAGUNA HILLS, CA – December 20, 2011 – (RealEstateRama) — From rental restrictions to electric vehicles and electronic meeting notices, Californians living in homeowners associations will see several new laws governing their communities starting Janua…