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Yearly Archives: 2013

CONSTRUCTION EMPLOYMENT DECLINES IN 151 OUT OF 337 METRO AREAS BETWEEN NOVEMBER 2011 &...

WASHINGTON, D.C. - January 08, 2012 - (RealEstateRama) -- Construction employment declined in 151 out of 337 metropolitan areas between November 2011 and November 2012, increased in 126 and was stagnant in 60, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials noted that metro areas in New York and New Jersey in particular experienced significant construction declines in the first full month after Hurricane Sandy.

Closing Attorney Charged with Wire Fraud in Mortgage Loan Scheme

BIRMINGHAM, AL - January 08, 2012 - (RealEstateRama) -- Federal prosecutors have charged a Birmingham real estate lawyer with wire fraud in connection with a nearly $1 million mortgage fraud scheme, announced U.S. Attorney Joyce White Vance.

Defendants in Dominican Mortgage Assistance Scam that Allegedly Defrauded Spanish-Speaking U.S. Homeowners Settle FTC...

WASHINGTON, D.C. - January 08, 2012 - (RealEstateRama) -- As part of its continuing crackdown on scams that target consumers in financial distress, the Federal Trade Commission obtained a settlement order resolving charges against a nationwide scam operating from the Dominican Republic and banning the defendants from providing mortgage assistance relief.

IEMA Offers Tips for Protecting Homes, Businesses from Natural Hazards

SPRINGFIELD - January 08, 2012 - (RealEstateRama) -- Illinois is susceptible to several types of natural hazards, including floods, tornadoes, snow and ice storms, droughts, even earthquakes. While it’s impossible to avoid such events, there are sev...

Eileen O’Grady Ramage Named Chief Financial Officer of NAHB

WASHINGTON, D.C. - January 08, 2012 - (RealEstateRama) -- The National Association of Home Builders (NAHB) announced today that Eileen O’Grady Ramage has been named as its new chief financial officer. A certified public accountant, Ramage has 10 years of experience serving as a CFO of a national trade association. Previously, she served in senior management positions in the private sector and as partner at a public accounting firm. She is also a certified association executive.

HOUSING FINANCE AGENCY HOSTS CONFERENCE

BISMARCK, ND - January 08, 2012 - (RealEstateRama) -- The North Dakota Housing Finance Agency (NDHFA) will host the 22nd Annual Statewide Housing Conference, “Building a Solid Foundation,” on Feb. 6-7, 2013, at the Ramkota Hotel in Bismarck, ND.

Louisiana Home Inspector Sentenced to 78 Months in Prison for Tax Fraud

January 08, 2012 - (RealEstateRama) -- Jack Ray Carr, of Baton Rouge, La., was sentenced today to 78 months in federal prison for one count of corruptly interfering with the due administration of the Internal Revenue laws, four counts of filing false i...

City of Alexandria Purchases Polk Avenue Property for Use as Open Space

Alexandria, VA - January 08, 2012 - (RealEstateRama) -- On December 11, 2012 City Council authorized City Manager Rashad M. Young to contract for the acquisition of the property at 5325 Polk Ave. for $1.9 million. The City’s purchase of this 2.34 acr...

Foxx Statement on H.R. 41

Washington, D.C. - January 08, 2012 - (RealEstateRama) -- Congresswoman Virginia Foxx, R-NC, today issued the following statement regarding her vote against H.R. 41, legislation that would increase federal deficit spending by granting additional borro...

HUD sets 2013 Rent & Income Limits for Section 8 and Low-Income Housing Tax...

WASHINGTON, D.C. - January 08, 2012 - (RealEstateRama) -- The Housing and Economic Recovery Act (HERA) of 2008 made statutory changes to how income limits are calculated for LIHTC and bond-financed properties. HERA protected owners from rent decreases in 2009, and established a new system for owners to hold their income limits and rents harmless beginning in 2010.

Tom Bermingham Joins USAA Real Estate Company’s Northeast U.S. Office as Managing Director, Investments

San Antonio, TX - January 08, 2012 - (RealEstateRama) -- USAA Real Estate Co. is pleased to welcome Thomas V. Bermingham as managing director of investments, overseeing acquisition, development and joint venture opportunities for USAA Real Estate Co.’s newly opened Northeast regional office, located in New York City. In his role, Bermingham will work with USAA’s investment management team to refine asset strategy in key northeast markets including New York, New Jersey, Connecticut and Boston.

Preliminary Flood Maps in Jefferson County, Texas Ready for Public View

DENTON, TX - January 08, 2012 - (RealEstateRama) -- Homeowners, renters and business owners in Jefferson County, Texas are encouraged to look over newly released preliminary flood maps in order to determine their flood risks and make informed decisions.

Home Builders, Utilities Hail Reconsideration of EPA Stormwater Discharge Rule

WASHINGTON, D.C. - January 08, 2012 - (RealEstateRama) -- In a victory for the environment, affordable housing and the nation’s energy infrastructure, the National Association of Home Builders (NAHB), Utility Water Act Group (UWAG) and Wisconsin Builders Association have settled a longstanding lawsuit against the Environmental Protection Agency after the agency agreed to withdraw the numeric limit it developed to control stormwater runoff from construction sites and to pursue additional improvements to the 2009 rule.

List of Improving Housing Markets Expands to 242 in January

WASHINGTON, D.C. - January 08, 2012 - (RealEstateRama) -- In the latest sign of a burgeoning recovery in U.S. housing markets, the number of metropolitan areas on the National Association of Home Builders/First American Improving Markets Index (IMI) rose for a fifth consecutive month to 242 in January. This is up from 201 markets listed as improving in December, and includes entrants from 48 states and the District of Columbia.

The Connecticut Real Estate Investors Association (CT REIA) Announces January 2013 Meeting With Joe...

West Hartford, CT - January 08, 2012 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with Joe Metcalfe, is announcing its January 2013 monthly meeting. This event will take place on January 21, 2013 f...

CONSTRUCTION SECTOR ADDS 30,000 JOBS BETWEEN NOVEMBER AND DECEMBER AS INDUSTRY’S UNEMPLOYMENT RATE HITS...

WASHINGTON, D.C. - January 04, 2012 - (RealEstateRama) -- Construction employers added 30,000 jobs in December while the industry's unemployment rate hit 13.5 percent, according to an analysis of new federal data released today by the Associated General Contractors of America. Association officials noted that the monthly increase was the largest in nearly two years, driven primarily by increases in private sector demand for construction.

MassHousing Announces Loan Closing of $6.6 Million to Preserve Affordable Housing for Seniors in...

BOSTON, MA - January 04, 2012 - (RealEstateRama) -- MassHousing announced a loan closing today of $6.6 million to preserve affordability for senior citizens at the 95-unit Edison Green Apartments in Dorchester

New law assists property owners, renters

LANSING, MI - January 04, 2012 - (RealEstateRama) -- A new law recently signed by Gov. Rick Snyder protects property owners and renters. House Bill 5892, sponsored by state Rep. Wayne Schmidt, amends the Rental-Purchase Agreement Act to assist both les...

NREL to Help Convert Methane to Liquid Diesel

WASHINGTON, D.C. - January 04, 2012 - (RealEstateRama) -- The U.S. Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL) will help develop microbes that convert methane found in natural gas into liquid diesel fuel, a novel approach that if successful could reduce greenhouse gas emissions and lower dependence on foreign oil.

National Alliance to End Homelessness Analyzes H.R. 8

January 04, 2012 - (RealEstateRama) -- While portions of the fiscal cliff were averted, the bill failed to replace the across-the-board cuts to domestic and defense spending, known as sequestration, with alternative deficit reduction measures. The deal...

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.