Property, Rentals, Transactions

CREA & NAR Win Rights to .MLS Top-Level Domain

CHICAGO – December 19, 2014 – (RealEstateRama) — The Canadian Real Estate Association, in cooperation with the National Association of Realtors®, has secured the rights to the .MLS top-level domain. CREA has registered Canadian certification marks for the letters MLS and the term “multiple listing service” in Canada and is the exclusive licensee of the Realtor® mark in Canada.

Treasurer McCord: Unclaimed Property Owed to Food Banks, Shelters, Charities Can Help Make Season Brighter for Needy PA Families

Harrisburg – December 18, 2014 – (RealEstateRama) — More than $224,000 in unclaimed property is owed to food banks, shelters, missions and other charitable organizations throughout the commonwealth, including Goodwill Industries and the Salvation Army, State Treasurer Rob McCord reported today. The treasurer and his Return Team urged these groups and others like it to search patreasury.gov to find out if Treasury holds property belonging to them

Governor Kitzhaber Announces Awards to Build Affording Housing Across Oregon

Salem, OR – December 18, 2014 – (RealEstateRama) — Governor Kitzhaber and Oregon Housing and Community Services are pleased to announce the awarding of funds to build or preserve 14 apartment complexes across Oregon, providing critical housing to low-income Oregonians. The State Housing Council on Friday approved grants and tax credits across Oregon – from St. Helens to Medford, and from Hillsboro to Prineville to LaGrande.

Menendez, Booker Continue to Fight for Struggling NJ Homeowners

SAYREVILLE, NJ – December 18, 2014 – (RealEstateRama) — A day after the United States Senate approved a one-year extension of a series of tax breaks, Senators Robert Menendez and Cory Booker today met with Sayreville homeowners to discuss the important of extension of mortgage debt reduction tax relief, especially for Sandy victims still struggling to recover. They also announced more than $3 million in federal funding to continue the acquisition and demolition of 196 flood prone properties in Sayreville.

Architects Issue Statement on Congressional Extension of 179D Energy Efficient Commercial Building Tax Deduction

WASHINGTON, D.C. – December 18, 2014 – (RealEstateRama) — The American Institute of Architects (AIA) today praised the Senate’s vote to extend the 179D energy efficient commercial building tax deduction just prior to adjourning for the year

Statewide home sales remain subdued in November as year ends

LOS ANGELES – December 18, 2014 – (RealEstateRama) — Slower price gains and the lowest interest rates in nearly two years did little to spur November home sales as low housing affordability and tight supply conditions remained obstacles to entering the market for would-be buyers, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today

Realtors® Applaud Final Passage of Legislation to Extend Key Real Estate Tax Provisions

WASHINGTON, D.C. – December 18, 2014 – (RealEstateRama) — The following is a statement by National Association of Realtors® President Chris Polychron “The package of tax extensions approved by the U.S. House and Senate, and headed to the President’s desk for signature, includes important provisions that will help distressed homeowners and commercial property investors with transactions made during 2014. NAR applauds Congressional leaders in both chambers for their effort to pass this legislation before adjournment

Realtors® Disappointed Senate Failed to Reauthorize Federal Terrorism Risk Insurance Program

WASHINGTON, D.C. – December 18, 2014 – (RealEstateRama) — The following is a statement by National Association of Realtors® President Chris Polychron:

Siemens to use superconductors in building the power grid of the future in Augsburg

WASHINGTON, D.C. – December 18, 2014 – (RealEstateRama) — When fed into medium-voltage power grids, large loads of renewable or other decentralized energies – which are generated when winds are strong or the sun is very bright – can produce short circuits that endanger the power supply. Superconducting network technologies can ensure reliable grid operation even under these conditions. Siemens is installing a superconducting fault current limiter (SFCL) of the so-called resistive type at Stadtwerke Augsburg, the municipal utility in Augsburg, Germany, that is designed to solve precisely this problem. Development work and installation in the utility’s medium-voltage power grid are to be completed by the end of 2015

CBRE CLOSES SALE OF TWO APARTMENT PROPERTIES IN CORAL GABLES

Coral Gables, FL – December 18, 2014 – (RealEstateRama) — CBRE arranged the sale of two apartment properties totaling 36 units in Coral Gables, Florida. 1206 Douglas Road totals 20 units and 3-15 Santillane & 910 Douglas Road total 16 units. The properties were acquired from Sidonia, LLC/Truenorth Santillane, LLC by Fipro Holdings, LLC for $6 million or $166,667 per unit or $232 per square foot. CBRE represented the seller in the transaction

New KTGY-Designed Mixed-Use Development Anchored by Alamo Drafthouse Cinema and 220-unit Residential Rental Community in Baton Rouge, LA

IRVINE, Calif. – December 18, 2014 – (RealEstateRama) — Award-winning national architecture and planning firm KTGY Group, Inc. and JTS, a Baton Rouge-based developer, announce the development of Rouzan Village, the commercial and retail center of Rouzan, a 120-acre master plan residential community in the historic Southdowns neighborhood of Baton Rouge, Louisiana. The first phase of the new mixed-use community, designed by KTGY, is located near the intersection of Perkins Road and Glasgow Avenue and will feature approximately 80,000 square feet of retail anchored by Alamo Drafthouse Cinema, and up to 220 residential rental units including live/work studios

Agorafy Featured in Inaugural “CRE // Tech State of the Market Report 2014”

New York, NY – December 18, 2014 – (RealEstateRama) — CRE // Tech Intersect has released its inaugural “CRE // Tech State of the Market Report 2014”. This resource guide includes one-page profiles on over 50 of today’s emerging and established commercial real estate (CRE) oriented technology companies along with information on recent fundraising activity and commonly used acronyms

RE/MAX Sells Two International Master Franchises

DENVER – December 17, 2014 – (RealEstateRama) — Global real estate franchisor RE/MAX, LLC divided and sold their Caribbean and Central America (CCA) region today. The new owners of RE/MAX Caribbean and Central America are John and Lucinda Turley of Belize, and Ricardo and Teresa Cardenas of El Salvador. A new RE/MAX Dominican Republic region is now owned by MĂ©lido and Marianela Marte of Santo Domingo.

Treasurer McCord: This Holiday Season, Treasury Has List of Pennsylvanians Owed Unclaimed Property, So Make Sure to Check it Twice

Harrisburg – December 17, 2014 – (RealEstateRama) — Santa Claus isn’t the only one with a list this holiday season, State Treasurer Rob McCord reminded Pennsylvanians today as he urged them to check the state’s unclaimed property list at patreasury.gov. The treasurer highlighted holiday-themed names in his department’s database to encourage residents to check the list (more than twice) to find out if Treasury holds lost or forgotten money and items for them or their family and friends

CBRE ARRANGES FRACTURED CONDO SALE OF 74 UNITS IN LUXURY PLANTATION COMMUNITY

Plantation, FL – December 17, 2014 – (RealEstateRama) — CBRE arranged the sale of 74 out of 150 luxury condominium units at Paragon Plantation at 741-791 N. Pine Island Road in Plantation, Florida. The assets were acquired from Falcon Carlyle, LLC, by Paragon Plantation Holdings, LLC, for $9.35 million, or $126, 351 per unit

NEW JERSEY REALTORS ANNOUNCES 2015 OFFICERS

Atlantic City, N.J. – December 16, 2014 – (RealEstateRama) — On December 9, New Jersey Realtors held its President’s Installation and Gala during the fourteenth annual Realtors Triple Play Convention & Trade Expo, where Eugenia K. Bonilla was named 2015 president

CBRE ARRANGES $2.5 MILLION STATE LAND SALE IN DESOTO COUNTY

Tampa, FL – December 16, 2014 – (RealEstateRama) — CBRE arranged the sale of the former G. Pierce Wood Mental Health Facility near Arcadia in DeSoto County for $2.5 million. The Power Auto Corporation acquired the property from the Florida Department of Environmental Protection’s (DEP) Division of State Lands. CBRE represented the DEP

ADOT&PF Reminds Property Owners About Driveway Snow Removal

FAIRBANKS, Alaska – December 16, 2014 – (RealEstateRama) — Every year, the Alaska Department of Transportation and Public Facilities (ADOT&PF) receives questions focused on two areas of driveway plowing

Dorchester, Mass. Landlords Will Remove Lead Hazards from Residential Properties under EPA Settlement

BOSTON – December 16, 2014 – (RealEstateRama) — Two Boston-area landlords will perform health-protective improvements on five Dorchester, Mass. properties to settle EPA claims that they failed to follow federal lead paint disclosure laws.

St. Petersburg’s Strickland Group Launches New Website with Cutting-edge Realty Features

WASHINGTON, D.C. – December 16, 2014 – (RealEstateRama) — The Strickland Group, the elite St. Petersburg real estate team founded by leading area Realtor® Bonnie Strickland, has launched a new website at BonnieStrickland.com. Designed and built in cooperation with St. Petersburg-based ThinkTank (www.thinktankconnect.com), BonnieStrickland.com showcases The Strickland Group’s listed properties, offers advanced tools to homebuyers, and features the Group’s insights about homebuying and the St. Petersburg real estate market