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PCI Applauds Introduction of the Flood Insurance Market Parity and Modernization Act
Nat Wienecke, the Property Casualty Insurers Association of America’s (PCI) senior vice president, federal government relations issued the following statement today applauding Senators Dean Heller (R-NV) and Jon Tester (D-MT) and Representatives Dennis Ross (R-FL) and Patrick Murphy (D-FL) for introducing the Flood Insurance Market Parity and Modernization Act
Insurance Trade Joins Important Lightning Safety Campaign
We are now entering the hot summer months where pop-up thunderstorms and lightning are very common, especially in the southeast. However, in many homes and businesses across the country there is a little known risk of fire that can by triggered by lightning strikes.
Cruzan Acquires Del Mar Corporate Plaza from Coast Income Properties
DTZ, a global leader in commercial real estate services, announced today the sale of the Del Mar Corporate Plaza by Coast Income Properties to Cruzan for $29.4 million. DTZ’s San Diego Capital Markets team of Rick Reeder, Brad Tecca, Gary Goss and Ben Schwartz represented both Cruzan and Coast Income Properties. The San Diego Capital Markets team has facilitated more than $250 million in sales in the submarket since 2012
BOMA’S ANNUAL CONFERENCE TO OFFER CUTTING-EDGE EDUCATIONAL OPPORTUNITIES
The Building Owners and Managers Association (BOMA) International will offer an extensive educational program and unparalleled professional development opportunities at the 2015 BOMA International Annual Conference & Expo, which takes place June 28-30 in Los Angeles.
International Sales Dollar Volume Increases as More Upscale Buyers Enter Market, Say Realtors
While total unit sales from international home buyers decreased from last year, total sales dollar volume increased 13 percent, according to the National Association of Realtor Profile of Home Buying Activity of International Clients
Realtors® Report Increase in Commercial Transactions, Income and Sales Volume
Commercial real estate markets are improving with Realtors® specializing in commercial real estate reported an increase in annual gross income, the number of sales transactions and sales volume, according to the 2015 National Association of Realtors® Commercial Member Profile.
JLL Acquires Healthcare Project Management Leader CLEO Construction Management
As owners of healthcare facilities increasingly pursue expansions and renovations to meet the growth demands of their patient communities, JLL (NYSE: JLL) is expanding its healthcare-focused real estate services by acquiringCLEO Construction Management (CLEO), a prominent construction project management services firm that specializes in medical facilities.
Just Closed – Bend Memorial Clinic Medical Building
The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Bend Memorial Clinic Medical Building in Bend, Oregon. Chris Bodnar and Lee Asher of the U.S. Healthcare Capital Markets Group teamed with Paul Carr, Steven Perovich, and Marcus Yamamoto in the Northwest market as the Seller’s exclusive advisor
Stiles Realty Brokers $4.8 Million Sale of Former Harley Davidson in Fort Lauderdale
Stiles Realty, a division of Fort Lauderdale-based full-service commercial real estate developer Stiles, today announced the sale of the former Harley Davidson headquarters located at 2871 North Federal Highway in Fort Lauderdale. The $4.8 million sales price equates to $106.67 per square foot
Modest Growth Expected in Commercial Real Estate Markets
A stronger labor market and increasing household formation should keep commercial real estate demand on a gradual incline, according to the National Association of Realtors® quarterly commercial real estate forecast.
PCI Applauds Senate Passage of Bipartisan TPA Legislation
Dave Snyder, vice president, international policy at the Property Casualty Insurers Association of America (PCI) issued the following statement following the Senate passage of “The Bipartisan Congressional Trade Priorities and Accountability Act of 2015,” legislation to renew Trade Promotion Authority (TPA)
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 1.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 15, 2015.
Early Renewals Drive Iconic Las Olas Office Building to 100 Percent Leased
Stiles Realty, a division of Fort Lauderdale-based full-service commercial real estate developer Stiles, announced today 119,868 square feet in new leases and early renewals at Bank of America Plaza at Las Olas City Centre (LOCC), which has brought the trophy office property to 100 percent leased
Realtors Help Make Home Possible for Vets, Say VA Officials
Officials from the U.S. Department of Veterans Affairs encouraged Realtors® to help debunk misconceptions regarding the VA Home Loan Guaranty Program yesterday at an agency briefing held during the REALTORS® Legislative Meetings & Trade Expo.
Realtors® Eagerly Await A-OK to Fly UAVs
There will be a time when Realtors® can legally fly an unmanned aerial system, or drone, around property listings to capture images for marketing purposes, but that time has not yet arrived, at least not completely. That’s according to Federal Aviation Administration officials who told Realtors® today during the When, Where and How can I Use My Drone session at the REALTORS® Legislative Meetings & Trade Expo
Commercial Market Continues Recovery, Says NAR Chief Economist
While the commercial market still faces its share of challenges, Realtors® specializing in commercial real estate expressed confidence in the marked improvement seen in the market over the last year at a commercial economic issues and trends forum at the REALTORS® Legislative Meetings & Trade Expo.
RE/MAX Commercial® Welcomes New Brand Manager
The commercial real estate division at RE/MAX headquarters welcomes Jonathan Danton to the company as RE/MAX Commercial Brand Manager. Danton will support the company’s growing number of commercial divisions that recorded over 27,000 transaction sides and over $9.5 billion in total sales and lease volume in 2014.
GPO AWARDS CONTRACT FOR REAL ESTATE CONSULTING SERVICES FOR PARKING LOT DEVELOPMENT PLAN
The U.S. Government Publishing Office (GPO) has awarded a real estate consulting services contract for the preparation of a plan for the commercial development of GPO property currently being used for surface parking. The award has gone to CBRE, a global real estate services firm with experience in helping Federal agencies convert underutilized property to higher and better use
Realtors® help Families Own Piece of American Dream, Says Secretary Castro
The path to opportunity has always been, and will continue to be, paved by homeownership and the benefits it affords to families and communities, U.S. Housing and Urban Development Secretary Julián Castro told a packed ballroom of Realtors® and guests this afternoon while participating in a fireside style chat with NAR President Chris Polychron during the Realtors® Legislative Meetings & Trade Expo.
Insurance Tips in Aftermath of Mother’s Day Weekend Storms that Swept the Country
With the aftermath of Tropical Storm Ana, and the violent tornadoes that swept through Texas and Oklahoma the Property Casualty Insurers Association of America (PCI) wants to offer insurance recovery information to help in the wake of these storms
