Yearly Archives: 2014
NAHB Honors Building Systems Industry Leaders
WASHINGTON, D.C. - October 28, 2014 - (RealEstateRama) -- The Building Systems Councils (BSC) and the Log and Timber Homes Council of the National Association of Home Builders (NAHB) presented the 2015 Jerry Rouleau Awards for Excellence in Marketing and Home Design to BSC members who demonstrated high achievement in home design and marketing materials. Twenty-six awards were given out during the BSC’s annual Showcase24 event, the only national conference and educational event focused exclusively on the systems-built industry, held Oct. 27-28 in Washington, D.C
CONSTRUCTION COMPLETE ON NADEL-DESIGNED AZALEA REGIONAL SHOPPING CENTER
SOUTH GATE, Calif. - October 28, 2014 - (RealEstateRama) -- Construction on the Nadel-designed Azalea Regional Shopping Center is now complete, bringing a new 32-acre retail hub to the city of South Gate, California. Located at 4635 Firestone Blvd., and owned by Primestor Development, Inc., the project includes more than 370,000 square feet of retail space and 37 stores. Construction on the site kicked off in September 2012 and was completed in August 2014
Pircher, Nichols & Meeks Hires Scott Schonfeld as New Associate
CHICAGO - October 28, 2014 - (RealEstateRama) -- Pircher, Nichols & Meeks, a national real estate law firm with offices in Chicago and Los Angeles, has announced Scott Schonfeld has joined the firm as a new associate in the Chicago office. Prior to joining Pircher, Nichols & Meeks, Schonfeld was a real estate associate at Seyfarth Shaw where he gained experience in acquisitions, dispositions, financings and re-financings, and commercial leasing of various property types located throughout the U.S.
CBRE/NE Debt & Structured Finance Team Arranges $12M Construction Financing for Hyannis Fairfield Inn...
BOSTON - October 28, 2014 - (RealEstateRama) -- CBRE/New England’s Debt & Structured Finance team secured construction financing for the Fairfield Inn & Suites by Marriott, located at 867 Iyannough Road (Route 132) in Hyannis, Massachusetts, in the amount of $12 million from Cambridge Savings Bank.
IBHS Urges New York to Adopt 2015 Model Building Codes
TAMPA - October 28, 2014 - (RealEstateRama) -- The Insurance Institute for Business & Home Safety (IBHS) joins the BUILD SAFE NY Coalition in commending the New York Code Council for starting the process to adopt the 2015 edition of the International Code Council model (ICC) building codes, known as the I-Codes. IBHS urges the Council to move forward quickly to complete the adoption process by its stated deadline of August 2015. Adoption of the 2015 I-Codes, without any weakening amendments, will significantly increase the safety of New York’s citizens and improve the resilience and energy efficiency of the state’s homes and businesses.
SNAR NAMES KATHY TATRO 2014 REALTOR® OF THE YEAR
Carson City, NV. - October 28, 2014 - (RealEstateRama) -- Longtime Nevadan Kathy Tatro has been named REALTOR® of the Year by the Sierra Nevada Association of REALTORS® (SNAR).
CBRE/New England Announces Four New Partners
BOSTON - October 28, 2014 - (RealEstateRama) -- CBRE/New England, a strategic joint venture between Whittier Partners Group, LLC, and CBRE, Inc., the world’s largest commercial real estate services company, is pleased to announce that the following individuals have been selected by the Partners of the firm to join the Partnership effective January 1, 2015: Adam Brinch, Peter Conlin, Nat Heald and Kyle Juszczyszyn
Flood Risk Open House to View Maps in Aransas and San Patricio, TX
DENTON, Texas - October 28, 2014 - (RealEstateRama) -- Homeowners, renters and business owners in the Texas counties of Aransas and San Patricio are encouraged to look over newly released preliminary flood maps in order to determine their flood risks and make informed decisions
Connecticut and Oklahoma Begin Using Uniform Mortgage Test; 45 State Agencies Now Using the...
Washington, D.C. - October 28, 2014 - (RealEstateRama) -- The Conference of State Bank Supervisors (CSBS) announced today that the Connecticut Department of Banking and the Oklahoma Department of Consumer Credit began using the National SAFE Mortgage Loan Originator (MLO) Test with Uniform State Content on October 1, 2014. This brings the total number of state agencies using the test to 45
Westwood Financial Corp. Announces Opening of Rally House at Old Town Center in Dallas
DALLAS/LOS ANGELES - October 28, 2014 - (RealEstateRama) -- Westwood Financial Corp. (WFC), one of the largest privately held owner-operators of retail properties in the United States, has announced that Rally House has signed a 10-year lease for a 6,203-square-foot location at WFC’s Old Town Shopping Center, located on Greenville Avenue and Lovers Lane, in Dallas, which opened on August 29. The addition of Rally House, a specialty sports boutique, further diversifies the center’s retail offerings. With tenants that include eateries, medical services, fitness centers and home décor outlets, the center continues to meet the region’s evolving consumer demographic.
LUCKS APPOINTED TO NATIONAL ASSOCIATION OF REALTORS ADVISORY BOARD
SALISBURY, MD - October 28, 2014 - (RealEstateRama) -- Brent Miller, CCIM, CPM, Managing Director of Sperry Van Ness – Miller Commercial Real Estate is proud to announce that Bill Lucks, Managing Broker of the SVN-Miller Lewes office has been invited to serve on the National Association of Realtors (NAR) 2015 Commercial Legislation and Regulatory Advisory Board. “At this point in the commercial real estate business we must carefully examine the rules and regulations to ensure we have the tools necessary to move forward,” said Lucks.
Dominion Real Estate Partners LLC enters partnership with Arizona Property Management Company, Rentals America.
Scottsdale, Arizona - October 28, 2014 - (RealEstateRama) -- Dominion Real Estate Partners LLC, one of Arizona’s premier real estate brokerage firms has entered into a partnership agreement with Rentals America. The partnership was formed through Luc Marceau, Owner of Rentals America, and the principles at Dominion Real Estate Partners.
Pending Home Sales Hold Steady in September
WASHINGTON, D.C. - October 27, 2014 - (RealEstateRama) -- Pending home sales rose slightly in September and are now above year-over-year levels for the first time in 11 months, according to the National Association of Realtors®.
Mortgage Rates Fast Announces 3% Down Payment Revival
WASHINGTON, D.C. - October 27, 2014 - (RealEstateRama) -- The nation's mortgage giants, Fannie Mae and Freddie Mac will offer home mortgages to consumers with as little as 3% down payments, close to what the federally backed mortgage insurance giants offered before the financial collapse, according to a new report by MortgageRatesFast.com.
GEORGE SMITH PARTNERS SECURES $95 MILLION IN CONSTRUCTION FINANCING FOR NEW DOWNTOWN SAN DIEGO...
SAN DIEGO, Calif. - October 27, 2014 - (RealEstateRama) -- Commercial real estate investment banking firm George Smith Partners has successfully arranged $95 million in construction financing for development partners The Robert Green Company and Montage Hotels & Resorts to construct a new 317-room Montage-branded hotel in downtown San Diego’s Gaslamp Quarter, according to George Smith Partners’ Principal Malcolm Davies.
NAHB Remodelers Bestows Homes for Life Awards for Excellence in Aging-in-Place Remodeling
WASHINGTON, D.C. - October 27, 2014 - (RealEstateRama) -- The National Association of Home Builders (NAHB) Remodelers announced the winners of its annual Homes for Life awards, recognizing excellent remodeling work for aging-in-place and universal design. The awards were presented on Oct. 23 at the NAHB Remodelers’ annual gala held during the Remodeling Show in Baltimore. Susan Bachner, MA OTR, CAPS of Lexington, Ky., won in the Major Space remodel category. Sandra Rawls Oltmanns, CAPS, ASID, IIDA of Naples, Fla., won in the Single Space remodel category.
FHFA Announces Easing of Mortgage Standards
WASHINGTON, D.C. - October 27, 2014 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) announces plans to expand home buyers' access to mortgages by loosening up lending standards. FHFA said it will release guidelines by the end of November to allow increased lending to borrowers with down payments as low as 3 percent.
2014 NCHV Housing Summit Registration Now Closed
WASHINGTON, D.C. - October 27, 2014 - (RealEstateRama) -- Due to overwhelming response, registration for the 2014 NCHV Veterans Access to Housing Summit is now closed. Download the 2014 NCHV Veterans Access to Housing Summit brochure, which features an overview of the schedule for the event, Summit objectives, and hotel information.
Court Orders Judgment of Nearly $515,000 Against Mortgage Relief Pitchman
WASHINGTON, D.C. - October 27, 2014 - (RealEstateRama) -- A federal district court in Southern California has ordered a judgment of nearly $515,000 against Mark Nagy Atalla, a defendant in a 2013 Federal Trade Commission action targeting deceptive mortgage and debt relief pitches. The court imposed the judgment after finding Atalla had hid assets and misrepresented his financial condition to the agency. The judgment originally was suspended in Atalla’s settlement order with the Commission, based on his supposed inability to pay.
Media Advisory: NAHB to Host its Fall Construction Forecast Webinar Next Week
WASHINGTON, D.C. - October 24, 2014 - (RealEstateRama) -- The National Association of Home Builders (NAHB) will host its Semi-Annual Construction Forecast Conference on Thursday, Oct. 30, in a two-hour webinar from 2:00-4:00 p.m. ET featuring three renowned industry experts.