Yearly Archives: 2014

Fort Lauderdale, FL - August 21, 2014 - (RealEstateRama) -- CBRE has been hired to rebrand, market and bring new users to the 103,316-square-foot Gateway Industrial Center at 2030 West McNab Road in Fort Lauderdale on behalf of 2030 Asset Ventures LLC. The property is the only lab and R&D building of this size available in Broward County

DOWNEY, CA - August 20, 2014 - (RealEstateRama) -- Steve Liu, Vice President with NAI Capital’s Orange County office, represented the Tenant, Golden Corral Restaurant, in a ground lease located at the Shops at Gallatin Road at 9500 Lakewood Blvd in Downey, CA from the Landlord, First Enterprises Group. The value of the lease transaction was approximately $5.5 million

SALISBURY, MD - August 20, 2014 - (RealEstateRama) -- Brent Miller, CCIM, CPM, Managing Director and Senior Advisor with Sperry Van Ness – Miller Commercial Real Estate in Salisbury, MD is pleased to announce that Tonney Insley has joined the SVN-Miller team as an Associate Advisor. As a native of Salisbury, Tonney has returned to his roots to explore his career as a commercial real estate advisor and will be working directly with Senior Advisor Brent Miller, CCIM, CPM.

NEW YORK - August 20, 2014 - (RealEstateRama) -- Local Initiatives Support Corporation (LISC) will invest $50 million in long-term loans to improve the quality of life in distressed neighborhoods through the first round of an innovative federal financing program

WASHINGTON, D.C. - August 20, 2014 - (RealEstateRama) -- Building on President Obama’s Climate Action Plan and the Administration’s efforts to expand clean energy innovation, the Energy Department announced today nearly $67 million in nuclear energy research and infrastructure enhancement awards. 83 projects were selected from across the country based on their potential to create scientific breakthroughs that both help strengthen the nation’s energy security and reduce harmful greenhouse gas emissions.

BOSTON - August 20, 2014 - (RealEstateRama) -- Today, Undersecretary of Housing and Community Development Aaron Gornstein announced the launch of www.MyMassMortgage.org (link is external), a website developed to assist potential homebuyers purchase their first home. The website, created under the Mass Mortgage Compact announced by Governor Deval Patrick, will provide information on finding affordable and reliable state sponsored mortgage products.

WASHINGTON, D.C. - August 20, 2014 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it has charged Kent State University, in Kent, OH, and four of its employees with housing discrimination for refusing to allow a student with disabilities to keep an emotional support animal in her campus apartment

WASHINGTON, D.C. - August 20, 2014 - (RealEstateRama) -- The last three months have shown steadily increasing demand for design services and the Architecture Billings Index (ABI) is now at its highest level since 2007. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lead time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the July ABI score was 55.8, up noticeably from a mark of 53.5 in June. This score reflects an increase in design activity (any score above 50 indicates an increase in billings). The new projects inquiry index was 66.0, following a very strong mark of 66.4 the previous month

WASHINGTON, D.C. - August 20, 2014 - (RealEstateRama) -- Owners and land surveyors will have a standard agreement to guide their contracting now that the ConsensusDocs Coalition is publishing a new Land Survey Agreement. The new agreement is designed to meet the unique characteristics of land surveying, which is an essential part of many road and building projects

Fort Lauderdale, FL - August 19, 2014 - (RealEstateRama) -- CBRE arranged the purchase of the former Fort Lauderdale headquarters for GoodRoads, a 68,500-square-foot, Class A, free-standing manufacturing and distribution facility at 3600 NW 54th Street in Fort Lauderdale. KTR Capital Partners (KTR) acquired the property at a price that remains confidential. CBRE represented KTR in the transaction. KTR plans major renovations to the facility and has hired CBRE to rebrand and market the facility for lease.

Jensen Beach, FL - August 19, 2014 - (RealEstateRama) -- CBRE arranged the sale of Marketplace Square, a 173,292-square-foot retail center at 3255 NW Federal Highway in Jensen Beach, Florida. Leon Capital Group acquired the property from Kimco Realty Corp. for $17.3 million. CBRE represented the seller in the transaction.

LOS ANGELES - August 19, 2014 - (RealEstateRama) -- Nadel-designed Juanita Tate Marketplace is now open, bringing 77,096 square feet of outdoor retail space with a full-service grocery to the highly underserved surrounding community. Located at 944 East Slauson Avenue in South Los Angeles, the $21 million development is situated on a 6.5-acre site, which was formerly used as a scrap-metal plant. Construction began in May 2013 and completed in April 2014

WASHINGTON, D.C. - August 19, 2014 - (RealEstateRama) -- Fueled by strong single- and multifamily growth, nationwide housing starts rose 15.7 percent to a seasonally adjusted annual rate of 1.093 million units in July, the highest level since November 2013, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau

WASHINGTON, D.C. - August 19, 2014 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes rose two points to 55 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for August, released today. This third consecutive monthly gain brings the index to its highest level since January.

WASHINGTON - August 19, 2014 - (RealEstateRama) -- The National Association of Realtors®’ new .REALTOR top-level domain will be available October 23, 2014 to members of NAR and the Canadian Real Estate Association.

ATLANTA - August 19, 2014 - (RealEstateRama) -- More than 34,000 Atlanta residents are potentially eligible to reduce their mortgage payments under the Home Affordable Refinance Program, or HARP, according to Federal Housing Finance Agency Director Mel Watt and the National Association of Realtors®, who are participating in a special town hall meeting in Atlanta today for community leaders and real estate professionals.

WASHINGTON, D.C. - August 19, 2014 - (RealEstateRama) -- Construction firms added jobs in 39 states from July 2013 to July 2014 and in 34 states from June to July, according to an analysis today of Labor Department data by the Associated General Contractors of America. Association officials said the employment gains are good news, but that the pipeline of skilled craft workers, supervisors and other employees appears to be emptying rapidly.

WASHINGTON, D.C. - August 19, 2014 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau today announced the following new residential construction statistics for July 2014

BOSTON - August 19, 2014 - (RealEstateRama) -- In two separate grants, EPA is awarding $120,000 to two organizations working to clean up the Mystic River Watershed, just outside Boston, Mass. The two Mystic River Watershed grants are part of $2.1 million EPA awarded nationally to 37 organizations in 17 states and Puerto Rico to help restore urban waters, improve water quality, and support community revitalization and other local priorities.

TAMPA - August 19, 2014 - (RealEstateRama) -- Hurricane Charley, which blew into southwest Florida this week ten years ago, was the start of one of the busiest hurricane seasons in the U.S., damaging one in five Florida homes. When it made landfall, Charley had the highest winds of any storm to hit the U.S. since Hurricane Andrew in 1992, and clearly demonstrated the benefits of strong building practices