Yearly Archives: 2014

WASHINGTON, D.C. - November 5, 2014 - (RealEstateRama) --Mitria Wilson, NCRC Director of Legislative and Policy Advocacy, has been named as one of HousingWire's 2014 Influential Women in Housing.

WASHINGTON, D.C. - November 5, 2014 - (RealEstateRama) -- Congresswoman Eleanor Holmes Norton (D-DC) said she very much appreciated Senator Rand Paul’s (R-KY) comments to Roll Call today about the District of Columbia’s marijuana legalization initiative, and said she will be sending him a note thanking him for his principled support for D.C. home rule. District voters are expected to approve an initiative today legalizing marijuana. Senator Paul, without taking a position on the legalization of marijuana, said that local jurisdictions should decide such local matters. Paul said, “I’m not for having the federal government get involved. I really haven’t taken a stand on…the actual legalization…but I’m against the federal government telling them they can’t

Doral, FL - November 4, 2014 - (RealEstateRama) -- CBRE arranged the sale of a single-tenant retail property leased to Doral Ale House. The buyer, Biscayne Ale, LLC, purchased the property at 3271 NW 87th Avenue in Doral, Florida, for $5,870,000 from DAH Property, LLC, a Florida-based private investor. CBRE’s Todd Weintraub represented the seller and the buyer in the transaction.

ATLANTA, - November 4, 2014 - (RealEstateRama) -- Gov. Nathan Deal today announced that Live Oak Homes, a leading mobile home manufacturer, will expand to Broxton, creating 200 jobs and investing $1.4 million into the project over the next two years.

WASHINGTON, D.C. - November 4, 2014 - (RealEstateRama) -- Construction spending decreased for the second consecutive month in September as declines in public and private nonresidential construction, as well as multifamily projects, offset growth in single-family homebuilding, according to an analysis by the Associated General Contractors of America. Association officials said the new spending figures underscore how challenges current market conditions are for many firms

WASHINGTON, D.C. - November 4, 2014 - (RealEstateRama) -- The American Land Title Association (ALTA) has announced that Real Estate Data Shield has received the inaugural “Elite Provider” membership with ALTA.

WASHINGTON, D.C. - November 4, 2014 - (RealEstateRama) -- The National Center on Homelessness Among Veterans, in partnership with Pathways to Housing, has posted a video series on Housing First, an evidence-based, low-barrier, supportive housing model that emphasizes permanent supportive housing to end homelessness. The 33% reduction in homelessness among veterans between January 2010 and January 2014 is evidence that the Housing First approach works

WASHINGTON, D.C. - November 4, 2014 - (RealEstateRama) -- For the fifth consecutive year, YouthBuild USA’s Green Initiative hosted a booth at the annual Greenbuild International Conference & Expo, the world's largest gathering dedicated to green building. Joined by YouthBuild Bogalusa and six YouthBuild graduates who attended as scholars, the Green Initiative had a significant presence at the event, highlighting the importance of the YouthBuild mission and our role in the green movement

WASHINGTON, D.C. - November 4, 2014 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it has entered into an Initial Decision and Consent Order with American Bank, resolving HUD's charge that the Rockville, Maryland-based lender discriminated against applicants with disabilities when it allegedly required applicants to provide documentation regarding their disabilities and attempted to obtain information about the nature and extent of those disabilities

WASHINGTON, D.C. - November 4, 2014 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it has entered into a Voluntary Compliance Agreement (VCA) with University Village, the owner and operator of a 500-unit HUD-subsidized apartment complex in DeKalb, Illinois. As part of the agreement, University Village has agreed to pay $255,000 to settle allegations that it violated fair housing laws when it failed to meet the needs of persons with disabilities and retaliated against a resident with disabilities for requesting a reasonable accommodation

SACRAMENTO, Calif. - November 4, 2014 - (RealEstateRama) -- Individuals and homeowners who sustained damage in the South Napa Earthquake may now be eligible for certain kinds of federal assistance. Money is available to help eligible displaced individuals in Napa and Solano counties to repair essential living areas.

LOS ANGELES, Calif. - November 3, 2014 - (RealEstateRama) -- Commercial real estate investment banking firm George Smith Partners has successfully arranged a $172.3 million bridge loan for a portfolio of 36 properties located in 17 states nationwide, according to George Smith Partners’ Senior Vice President J. Jay Brooks.

Los Angeles - November 3, 2014 - (RealEstateRama) -- Age is less of a factor than widely thought when it comes to workplace preferences in the U.S., according to a new workplace strategy report by CBRE Group, Inc., Designing the office of the future? Don’t plan it around (what you think you know about) U.S. millennials. The study, based on aggregated CBRE Workplace Strategy surveys from more than 5,500 office workers across numerous industries, found that while current assumptions about millennials are driving the design of many workplaces today, there is actually little difference in workplace preferences between millennials, Generation Xers and baby boomers.

WASHINGTON, D.C. - November 3, 2014 - (RealEstateRama) -- Despite an improving job market and low interest rates, the share of first-time buyers fell to its lowest point in nearly three decades and is preventing a healthier housing market from reaching its full potential, according to an annual survey released today by the National Association of Realtors®. The survey additionally found that an overwhelming majority of buyers search for homes online and then purchase their home through a real estate agent.

WASHINGTON, D.C. - November 3, 2014 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it has charged housing providers operating in California and New Hampshire, and reached settlement agreements with providers in Alabama and Michigan amid allegations that they discriminated against residents with disabilities.

WASHINGTON, D.C. - November 3, 2014 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it has entered into an Initial Decision and Consent Order with American Bank, resolving HUD's charge that the Rockville, Maryland-based lender discriminated against applicants with disabilities when it allegedly required applicants to provide documentation regarding their disabilities and attempted to obtain information about the nature and extent of those disabilities

MIami, FL and Irving, TX - November 3, 2014 - (RealEstateRama) -- CBRE Debt & Structured Finance originated a $51 million bridge loan on behalf of Brookwood Financial Partners to finance the acquisition of two office properties at 125 E. John Carpenter Freeway and 5100 N. O’Connor Blvd. in Irving, TX. Blackstone of New York provided the interest-only, two-year bridge loan, at a 73.5% loan-to-cost ratio

WASHINGTON, D.C. - November 3, 2014 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it has entered into a Voluntary Compliance Agreement (VCA) with University Village, the owner and operator of a 500-unit HUD-subsidized apartment complex in DeKalb, Illinois. As part of the agreement, University Village has agreed to pay $255,000 to settle allegations that it violated fair housing laws when it failed to meet the needs of persons with disabilities and retaliated against a resident with disabilities for requesting a reasonable accommodation.

DENVER - October 31, 2014 - (RealEstateRama) -- RE/MAX, LLC is one of the “50 Top Franchises for Minorities” according to the eighth annual survey compiled by the World Franchising Network and featured on Oct. 24 in USA Today. The 2014 survey is the seventh consecutive year RE/MAX has been included on the list and each year it has been the only real estate franchise included among the Top 50.

WASHINGTON, D.C. - October 31, 2014 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it has charged Southgate Apartment Company and A & G Management Company, the owner and property manager of Southgate Apartments and Townhomes in Glen Burnie, Maryland, with violating the Fair Housing Act by refusing to renew the lease of a female tenant and her two sons after she and her older son were stabbed by her then boyfriend.