Yearly Archives: 2014
Oklahoma Department of Consumer Credit Receives Certificate of Mortgage Supervision Accreditation
Washington, D.C. - September 5, 2014 - (RealEstateRama) -- The Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR) announced this week that the Oklahoma Department of Consumer Credit (the Department) has received a certificate of accreditation for mortgage supervision. This accreditation certifies that the Department maintains the highest standards and practices in mortgage supervision set by the CSBS and AARMR Mortgage Accreditation Program
BRIAN CHARTRAND NAMED PRESIDENT OF DRIVER URBAN
IRVINE, Calif. - September 5, 2014 - (RealEstateRama) -- With more than 17 years of diverse experience and industry knowledge, Brian Chartrand, LEED-AP, has been named president of Driver URBAN, a subsidiary of C.W. Driver. Answering the increased demand for higher density, urban living, Driver URBAN specializes in the construction of multi-family apartments, mixed-use developments, student and senior housing, affordable housing, and hospitality projects. Chartrand oversees all operations and client relations at Driver URBAN in his role as president in addition to sitting on the executive board of the parent company
Hanley Investment Group Negotiates Sale of Two Single-Tenant Bank Properties for $12.5 Million
IRVINE, CALIF. - September 5, 2014 - (RealEstateRama) -- Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the western United States and a market leader in the sale of retail properties, announced today that the company has negotiated the sale of two single-tenant NNN bank properties totaling more than $12.5 million.
IBHS Advises Home and Business Owners to Prepare for Disaster during National Preparedness Month
Tampa - September 2, 2014 - (RealEstateRama) -- The Insurance Institute for Business & Home Safety (IBHS) joins with the Department of Homeland Security’s (DHS) Ready Campaign to encourage home and business owners to take time during National Preparedness Month to reduce risk and be ready before natural disasters strike
CBRE BRINGS TO MARKET DOWNTOWN MIAMI HOTEL
Miami, FL - September 2, 2014 - (RealEstateRama) -- CBRE has been exclusively engaged to market the Courtyard Miami Downtown, a 233-room Marriott property located on a prime 1.07-acre site in the heart of downtown Miami, one of the most sought-after real estate markets in the country. Located at 200 SE 2nd Avenue, the property holds the potential for redevelopment into as many as 1,070 condominium units under the current Miami 21 zoning code. CBRE is marketing the property on behalf of owner AVR Realty
KTGY-Designed Gen-Y Mixed-Use Development Underway in Historic Downtown LA Neighborhood
IRVINE, CALIF. - September 2, 2014 - (RealEstateRama) -- Award-winning national firm KTGY Group, Inc., Architecture + Planning, is pleased to announce that construction is under way on Olympic & Olive, a luxurious new 201-unit mixed-use rental community in downtown Los Angeles, developed by Miami-based Lennar Multifamily Communities. Designed by KTGY, the contemporary 1.08-acre development is located in the South Park neighborhood on the southwest corner of Olympic Boulevard and Olive Street and is Lennar’s first project in Downtown Los Angeles. Olympic & Olive is slated for completion in summer 2016
Webinar: An Introduction to SSVF and Overview of Compliance & Reporting
WASHINGTON, D.C. - September 2, 2014 - (RealEstateRama) -- The VA National Center on Homelessness Among Veterans is holding a webinar, "An Introduction to SSVF and Overview of Compliance & Reporting," on Sept. 25 at 10:00 a.m. ET.
USACE Federal Center South Building Wins National Architecture and Engineering Award
Chicago, IL - September 2, 2014 - (RealEstateRama) -- The U.S. Army Corps of Engineers Federal Center South Building 1202 in Seattle has earned national recognition in the 2014 Innovative Design in Engineering and Architecture with Structural Steel awards program (IDEAS2). In honor of this achievement, members of the project team will be presented with awards from the American Institute of Steel Construction (AISC) during a ceremony at the building on Thursday, September 4, at 11 a.m.
CONSTRUCTION SPENDING IN JULY REACHES HIGHEST LEVEL SINCE LATE 2008 WITH MONTHLY AND YEAR-OVER-YEAR...
WASHINGTON, D.C. - September 2, 2014 - (RealEstateRama) -- All major categories of construction spending increased in July and total construction reached the highest level since December 2008, according to an analysis by the Associated General Contractors of America. Association officials welcomed the robust spending figures, but cautioned that growing demand will put new pressure on an already tight labor market
New ULI Report, Housing in America: Integrating Housing, Health, and Resilience, Looks at the...
SAN FRANCISCO - September 2, 2014 - (RealEstateRama) -- A new report from the Urban Land Institute, Housing in America: Integrating Housing, Health, and Resilience in a Changing Environment, explores the connection between strengthening the resilience of housing and communities to severe weather and building for health and wellness.
Westwood Financial Corp. Signs Publix Super Markets as Anchor Tenant
ROCK HILL, S.C. /LOS ANGELES - September 2, 2014 - (RealEstateRama) -- Westwood Financial Corp. (WFC), one of the largest privately held owner-operators of retail properties in the United States, has announced that Publix Super Markets has now opened as the new anchor tenant at WFC’s Cherry Road Crossing, located off the Cherry Road exit on Highway 77 in Rock Hill, South Carolina, replacing Bi-Lo
CBRE SELLS SINGLE-TENANT PROPERTY OCCUPIED BY FAMILY DOLLAR
West Palm Beach, FL - September 2, 2014 - (RealEstateRama) -- CBRE arranged the sale of a single-tenant retail property leased to Family Dollar. The buyer, Kingyard Assets II, LLC, purchased the property at 4700 Broadway/US Highway 1 in West Palm Beach for $1,499,300 from Bonita Crown Pharmacy, LLC, a Florida-based private investor who hired CBRE to market the asset for sale and negotiate the transaction
Superior Court of Pennsylvania Affirms MERS’ Authority to Assign Mortgage
Reston, Virginia, - September 2, 2014 - (RealEstateRama) -- MERSCORP Holdings, Inc. today announced that the Superior Court of Pennsylvania affirmed the trial court’s granting of summary judgment in favor of the foreclosing mortgage holder and rejected the appellant’s wrongful foreclosure claims
RE/MAX Named a Leading Low-Cost Franchise
DENVER - September 2, 2014 - (RealEstateRama) -- RE/MAX, LLC has been named among the leading low-cost U.S. franchises for 2014 by Entrepreneur magazine. The global real estate leader ranked the highest among real estate brokerage franchises, and 11th overall on this year’s list, which included 95 franchises “that can be started for less than $50,000.” The list appeared in the magazine’s August edition.
U.S. Unprepared to Meet the Housing Needs of its Aging Population
shington, D.C. - September 2, 2014 - (RealEstateRama) -- & Cambridge, MA – America’s older population is in the midst of unprecedented growth, but the country is not prepared to meet the housing needs of this aging group, concludes a new report released today by the Harvard Joint Center for Housing Studies and AARP Foundation. According to Housing America’s Older Adults—
Retail Real Estate Expert Andrew McLean Joins Present Value Properties as Vice President
TUSTIN, CALIF. - September 2, 2014 - (RealEstateRama) -- Present Value Properties, Inc., a full service retail real estate brokerage and consulting firm headquartered in Tustin, Calif., announced today that retail real estate market expert Andrew McLean has joined the firm as Vice President. McLean brings over 12 years of retail real estate experience to Present Value Properties and most recently served as a Vice President with Lee & Associates.
Update for CY 2014 New Markets Tax Credit Program Applicants
WASHINGTON, D.C. - August 29, 2014 - (RealEstateRama) -- The Community Development Financial Institutions Fund (CDFI Fund) has provided supplemental guidance to potential calendar year (CY) 2014 New Markets Tax Credit Program (NMTC Program) applicants by updating the CY 2014 NMTC Program - Application Questions & Answers document on its website. The supplemental guidance is the result of specific questions that the CDFI Fund received during the two application round conference calls hosted on August 12 and 14, 2014
Lee & Associates Negotiates $2.95M Sale of Phoenix Distribution Facility
PHOENIX, AZ - August 29, 2014 - (RealEstateRama) -- A 25,465 SF warehouse building at 3880 E. Broadway Rd. in Phoenix has sold to a California owner/investor group for $2,950,000 or $115.00 per SF. The sale was completed on August 21.
ALDER LAND GROUP LISTS AGRICULTURAL & HUNTING LAND LEASE PROJECT OF OVER 3500 ACRES
SALISBURY, MD - August 29, 2014 - (RealEstateRama) -- Ben Alder, Senior Advisor of the Alder Land Group at Sperry Van Ness – Miller Commercial Real Estate in Salisbury, MD recently listed 26 farms totaling 3500 acres for lease. The farms are located throughout Maryland and Delaware and offer hunting and agricultural leases. Of the 3,500 total acres, over 2,000 acres in the offering are tillable. Bids for farmland and hunting land leases are due on October 15, 2014
Statement by CFO Jeff Atwater Regarding the Lawsuit to Eliminate the Florida Tax Credit...
TALLAHASSEE - August 29, 2014 - (RealEstateRama) -- Chief Financial Officer Jeff Atwater today issued the following statement on the lawsuit to eliminate the Florida Tax Credit Scholarship Program:









