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Yearly Archives: 2012

Elevé Glendale Tops Out

Torrance, CA - December 17, 2012 - (RealEstateRama) -- A new 208-unit multifamily complex that is the first of a Young Urban Community series planned by AMF Development, LLC (AMFD) has officially topped out, moving it closer to its opening in the early...

Sen. Brown Announces New Resources To Provide More Than 300 Affordable Housing Units For...

WASHINGTON, D.C. - December 17, 2012 - (RealEstateRama) -- A Cincinnati neighborhood received new resources to redevelop blighted and abandoned property while providing safe, affordable housing for seniors. U.S. Sen. Sherrod Brown (D-OH) today announce...

Gillibrand, Hochul Announce Senate Passage of Bipartisan Clothe Homeless Hero’s Act

Washington, D.C. - December 17, 2012 - (RealEstateRama) -- U.S. Senator Kirsten Gillibrand and Congresswoman Kathy Hochul today announced Senate passage of the Clothe a Homeless Hero Act, legislation that directs the Transportation Security Administrat...

All Defendants Sentenced in More Than $20 Million Mortgage Fraud Scheme Led by Former...

DALLAS - December 17, 2012 - (RealEstateRama) -- Eugene Lockhart, Jr. was sentenced this week by U.S. District Judge Jorge A. Solis to 54 months in federal prison and ordered to pay approximately $2.4 million in restitution following his guilty plea t...

Report: Millions of Renters at Risk of Eviction and Homelessness

WASHINGTON, D.C. - December 17, 2012 - (RealEstateRama) -- The National Law Center on Homelessness & Poverty released a report showing that, for many low-income renters, the Protecting Tenants at Foreclosure Act is all that stands between housing and homelessness. But if Congress fails to act, that law will expire at the end of 2014.

Klobuchar Statement on Decline in Number of Homeless Veterans

WASHINGTON, D.C. - December 14, 2012 - (RealEstateRama) -- U.S. Senator Amy Klobuchar today released a statement on the decline in the number of homeless veterans. According to a new report released by the Department of Housing and Urban Development ...

South Carolina REALTORS® Release November Market Numbers

COLUMBIA, S.C. - December 14, 2012 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its November Statewide Market Reports, and there was a lot to be thankful for throughout the month - historically low mortgage rates and affordable ...

Kucinich: Throw out the NDAA, End the Wars and Start Nation Building at Home

Washington D.C. - December 14, 2012 - (RealEstateRama) -- Congressman Dennis Kucinich (D-OH) today released the following statement on the NDAA: Today, this House will send the National Defense Authorization Act (NDAA) to conference. Contrary to its ti...

Veterans Affairs Department Agrees to GI Bill Housing Allowance Fix for OIT Students

December 14, 2012 - (RealEstateRama) -- In a good first step toward fairer housing allowances for veterans going to school on the post-9/11 GI bill, the Department of Veterans Affairs is allowing veterans studying at the Oregon Institute of Technology?...

Governor Christie Announces Federal Approval of Request for Reimbursement to Local Governments for Debris...

Trenton, NJ - December 14, 2012 - (RealEstateRama) -- Acting to speed New Jersey’s recovery process and securing additional resources for local governments’ debris removal efforts, the Christie Administration today announced that the federal govern...

NREL Employees and Managing Partner Pledge $500,000 to Aid Area Charities

WASHINGTON, D.C. - December 14, 2012 - (RealEstateRama) -- The employees of the National Renewable Energy Laboratory (NREL) and the Alliance for Sustainable Energy, LLC, have pledged more than $500,000 to support local charities during the lab’s annual holiday giving campaign.

Learn Rebuilding Techniques at Stores in East Haven, Fairfield and Orange

WINDSOR, CT - December 14, 2012 - (RealEstateRama) -- Outreach teams from FEMA will be at The Home Depot stores in East Haven, Fairfield and Orange this weekend to explain techniques that may reduce potential damage to homes, businesses and property fr...

Homeownership Preservation Foundation and Tennessee Attorney General Partner on Statewide Hotline to Facilitate Distressed...

WASHINGTON, D.C. - December 13, 2012 - (RealEstateRama) -- The Homeownership Preservation Foundation (HPF), an independent national nonprofit dedicated to helping distressed homeowners navigate financial challenges and avoid mortgage foreclosure throug...

Encore Housing Project Receives $30 Million Grant

Tampa, FL - December 13, 2012 - (RealEstateRama) -- U.S. Rep. Kathy Castor announced today the award of a $30 million grant for the revitalization of northern downtown Tampa and the Encore redevelopment. Tampa is one of only four communities nationwide...

Rep. Mike Thompson, Bipartisan group of legislators urge President Obama to work with Congress...

Washington, DC - December 13, 2012 - (RealEstateRama) -- Rep. Mike Thompson and a bipartisan group of 29 Senators and Representatives sent a letter to President Obama Wednesday calling for Master Limited Partnerships and Real Estate Investment Trusts t...

CONSTRUCTION MATERIAL PRICES CONTINUE TO FALL IN NOVEMBER AS COSTS FOR KEY COMPONENTS DROP...

WASHINGTON, D.C. - December 13, 2012 - (RealEstateRama) -- Construction materials costs dropped in November, aided by a plunge in diesel prices along with smaller decreases in a variety of other inputs, according to an analysis of new federal figures released today by the Associated General Contractors of America. Association officials noted that some of the price declines may be related to the fact that the threat of the fiscal cliff is already having an impact on demand for construction and related materials.

MBA: Third Quarter Independent Mortgage Banker Profits Increase

WASHINGTON, DC - December 13, 2012 - (RealEstateRama) -- Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $2,465 on each loan they originated in the third quarter of 2012, up from $2,152 per loan in the second quarter, the Mortgage Bankers Association (MBA) reported today.

HUD AWARDS NEARLY $109 MILLION TO FOUR COMMUNITIES TO REVITALIZE HOUSING, SURROUNDING NEIGHBORHOODS

WASHINGTON, DC - December 13, 2012 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan announced today that four communities will receive a combined $108.9 million to redevelop distressed housing and bring comprehensive neighborhood revitalization to blighted areas.

SETH LEONARD HIRED AS HOMEOWNERSHIP OUTREACH COORDINATOR

BURLINGTON - December 13, 2012 - (RealEstateRama) -- Executive Director Sarah Carpenter announced Seth Leonard of Winooski, VT has joined Vermont Housing Finance Agency (VHFA) as Homeownership Outreach Coordinator.

Portland Man Found Guilty of Conspiracy to Manufacture and Distribute Marijuana and Mortgage Fraud

PORTLAND, OR - December 13, 2012 - (RealEstateRama) -- On Friday, December 7, 2012, Tu Ngoc Tran, 38, of Portland, Oregon, was found guilty by a federal jury of conspiracy to manufacture or distribute marijuana, two counts of manufacture of marijuana, ...

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

The Impact of High Speed Rail on Real Estate in China

In recent years, the interplay between high-speed rail (HSR) systems and land markets has emerged as a topic of significant interest. Despite the growing attention, the specific effects and underlying mechanisms of HSR on land prices have not been extensively studied. Our research aims to bridge this gap by analyzing China's land transaction data.