Yearly Archives: 2014
OBAMA ADMINISTRATION RELEASES JUNE HOUSING SCORECARD
WASHINGTON - July 11, 2014 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the June edition of the Obama Administration's Housing Scorecard – a comprehensive report on the nation’s housing market. The latest data show progress among key indicators, including growing equity and a rebound in the sale of new and existing homes. While this scorecard notes positive overall trends in the housing market, officials caution that more work needs to be done as the economy recovers from the Great Recession.
NEW REPORT SHOWING AMERICA’S RURAL ROADS HAVE SIGNIFICANT DEFICIENCIES AND HIGH FATALITY RATES IS...
WASHINGTON, D.C. - July 11, 2014 - (RealEstateRama) -- The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, released the following statement in response to a report on the condition of the nation's rural roads released by national transportation research group TRIP today. The report found that the rural road fatality rate is three times higher than all other roads, while 15 percent of rural roads are in poor shape and 22 percent of rural bridges are either structurally deficient or functionally obsolete:
ABC Applauds House Passage of Key Workforce Development Bill
Washington, D.C. - July 10, 2014 - (RealEstateRama) -- Associated Builders and Contractors (ABC) today celebrated the U.S. House of Representatives passage of the Workforce Innovation and Opportunity Act (WIOA), H.R. 803, and released the following statement
ASK PETER: Building a 21st Century Workforce
WASHINGTON, DC - July 10, 2014 - (RealEstateRama) -- Congressman Peter Roskam (IL-06) released the latest installment of Ask Peter today, a frequent video conversation with Sixth District residents about issues important to them. In this segment, Congressman Roskam answers an email from Ramona Clucas in Glen Ellyn who wants to know what the House is doing to help spur job creation
U.S model could help housing associations build homes without government funding
WASHINGTON, D.C. - July 10, 2014 - (RealEstateRama) -- The report by Vic O’Brien, development director at GreenSquare Group, explores the potential of private investment in affordable housing supported by tax credits, known in America as Low Income Housing Tax Credits (LIHTC)
PIQUET REALTY APPOINTS DAVID BENMEN AS NEW REAL ESTATE AGENT
NEW YORK – July 10, 2014: Piquet Realty, a leading luxury real estate firm known for its deep ties to the high-end Brazilian investor community, announced the addition of David Benmen as a Licensed Real Estate Broker. He will be based in the firm’s New York City office.
Kennedy Wilson’s Brokerage Group Closes Four Lease Transactions
LOS ANGELES - July 10, 2014 - (RealEstateRama) -- Global real estate investment and services firm Kennedy Wilson has closed four retail and entertainment lease transactions in Hollywood, Santa Monica and Westchester. This collection of new leases, which carry an aggregate value of more than $3 million, points to an uptick in the Los Angeles retail market
Bipartisan Energy Codes Bill a Boon for Consumers
WASHINGTON, D.C. - July 9, 2014 - (RealEstateRama) -- Bipartisan legislation introduced yesterday by Reps. Marsha Blackburn (R-Tenn.) and Kurt Schrader (D-Ore.) would help promote savings in commercial buildings and residential homes through the use of more cost-effective energy codes, which set energy efficiency baselines for buildings, according to the National Association of Home Builders (NAHB).
Buyers in Hiding: The Real Estate Market
WASHINGTON, D.C. - July 9, 2014 - (RealEstateRama) -- What's wrong with the housing market these days is that the future isn't getting here fast enough. The most prolonged recession since the Great Depression – the 2007 through mid-2009 decline – has been followed by the slowest recovery in our lifetimes
International Home Buyers Continue to Invest in Profitable U.S. Market, Realtors® Report
WASHINGTON, D.C. - July 8, 2014 - (RealEstateRama) -- Favorable exchange rates, affordable home prices and rising affluence abroad continue to drive international buyers to the U.S. to purchase properties and make real estate investments
Faris Lee Investments Completes $10 Million Pre-Sale of New Construction Retail Property Occupied by...
IRVINE, Calif., - July 8, 2014 - (RealEstateRama) -- Faris Lee Investments, a leading retail advisory and brokerage services firm, has completed the $10 million pre-sale of a new construction 46,000-square-foot retail building that is recently fully occupied by TJ Maxx and HomeGoods. The 3.88-acre property, located at 2314 Remi Drive in Melbourne (Viera), FL has a new 10-year corporate guaranteed lease by The TJX Companies, Inc
Gail Goldstein joins Avison Young in the West Los Angeles office
Los Angeles, CA - July 7, 2014 - (RealEstateRama) -- Christopher Cooper, Avison Young Principal and Managing Director of the company’s Southern California region, announced today the strategic hiring of industry veteran Gail Goldstein as a Senior Vice-President in the company’s West Los Angeles office.
SunTrust Mortgage Agrees to $320 Million Settlement
WASHINGTON, D.C. - July 4, 2014 - (RealEstateRama) -- The Department of Justice today announced an agreement with SunTrust Mortgage Inc. that resolves a criminal investigation of SunTrust’s administration of the Home Affordable Modification Program (HAMP).
Recertify to be Eligible for Continued Rental Help from FEMA
MONTGOMERY, Ala. - July 4, 2014 - (RealEstateRama) -- If your household is getting rental assistance from FEMA and repairs to your home are taking longer than expected, don’t forget you have to recertify your need to continue aid.
CONSTRUCTION INDUSTRY ADDS 6,000 JOBS IN JUNE AS SECTOR’S UNEMPLOYMENT RATE DECLINES TO 8.2...
WASHINGTON, D.C. - July 3, 2014 - (RealEstateRama) -- Construction employers added 6,000 workers to payrolls in June as the industry's unemployment rate dropped to 8.2 percent, its lowest June level in six years, according to an analysis of new government data by the Associated General Contractors of America. Association officials cautioned, however, that recent employment gains could be undermined when the federal government begins scaling back transportation investments in August
HUD Properties Available for Homeless Services
WASHINGTON, D.C. - July 3, 2014 - (RealEstateRama) -- In accordance with the Stewart B. McKinney Homeless Assistance Act, HUD published a Notice in the July 3, 2014, Federal Register identifying Federal buildings and other real property HUD has reviewed for suitability for use to assist the homeless. The properties were reviewed using information provided to HUD by Federal landholding agencies or by GSA regarding their inventories of excess or surplus property. The list includes buildings and properties in Maryland
EPA Settlement with Patton, Mo., Property Owner Resolves Clean Water Act Violations Affecting Baltimore...
Lenexa, Kan., - July 2, 2014 - (RealEstateRama) -- EPA Region 7 has reached an administrative consent agreement with a Patton, Mo., property owner to resolve Clean Water Act violations involving unpermitted discharges of pollutants into two tributaries of Baltimore Creek.
Four Leaders in Efficiency Named 2014 Stars of Energy Efficiency
WASHINGTON, D.C. - July 2, 2014 - (RealEstateRama) -- The Alliance to Save Energy is pleased to announce the 2014 Star of Energy Efficiency Award recipients, each an innovative and steadfast leader in the energy efficiency community.
Nominations Open for Developing Leaders Award
WASHINGTON, D.C. - July 2, 2014 - (RealEstateRama) -- NAIOP is proud to honor up-and-coming commercial real estate professionals with the annual Developing Leaders Award. Nominations are now open.
Pircher, Nichols & Meeks Hires Asher Harrison Luzzatto As New Associate
LOS ANGELES, Calif. - July 2, 2014 - (RealEstateRama) -- Pircher, Nichols & Meeks, a national real estate law firm with offices in Los Angeles and Chicago, announced that Asher Harrison Luzzatto has joined the firm as an associate in the Los Angeles office. Luzzatto’s experience includes a deep involvement with public interest organizations and environmental law.










