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Yearly Archives: 2015

Derby Legislators Welcome Funds for Downtown Revitalization

WASHINGTON, D.C. - January 13, 2015 - (RealEstateRama) -- State Senator Joseph J. Crisco, Jr. (D-Woodbridge) and State Representatives Linda M. Gentile, Theresa Conroy and Themis Klarides today applauded the State Bond Commission’s approval of a grant in aid for urban planning and revitalization development for downtown Derby.

CSBS White Paper Reveals Public Benefit of State Supervision

WASHINGTON, D.C. - January 13, 2015 - (RealEstateRama) -- The Conference of State Bank Supervisors (CSBS) has issued a white paper discussing the importance and public benefit of state financial services supervision. In the white paper, titled “The Public Benefit of State Financial Services Supervision: State Regulators and Local Economic Development,” CSBS examines how state supervisors support a strong community banking system, lead in non-depository supervision, and promote local economic developmen

CONSTRUCTION FIRMS ADD 48,000 JOBS IN DECEMBER AS SECTOR’S UNEMPLOYMENT RATE DROPS TO 8.3...

WASHINGTON, D.C. - January 13, 2015 - (RealEstateRama) -- Construction employers added 48,000 jobs in December and 290,000 for the year, the largest annual increase since 2005, as the sector's unemployment rate fell to 8.3 percent, according to an analysis by the Associated General Contractors of America. Association officials said many firms are expanding payrolls to keep pace with growing construction demand, but are having a hard time finding qualified workers to fill key positions

AG Frosh: Wicomico homeowner convicted of illegal sewage discharge

Baltimore, MD - January 13, 2015 - (RealEstateRama) -- Attorney General Brian E. Frosh announced today that the owner of Delmar, Maryland rental home who rigged an illegal system to divert raw sewage into a Chesapeake Bay tributary has been convicted of environmental crim

December/Year-End Market Report

MEMPHIS, Tenn., Jan. 8, 2015 – Memphis-area home sales for December increased 20.7 percent from a year ago, with 1,317 total sales recorded in...

Secretary Castro to Deliver Remarks at the National Press Club Today – CSPAN

WASHINGTON, D.C. - January 13, 2015 - (RealEstateRama) - Secretary Julián Castro will deliver a speech, 2015: The Year for Housing Opportunity, at the National Press Club today at noon. As part of his remarks, Secretary Castro will highlight the important role housing plays in our nation’s economy

Senior Home Equity Increases $94.6 Billion

WASHINGTON, D.C. - January 13, 2015 - (RealEstateRama) - In the third quarter of 2014, the NRMLA/RiskSpan Reverse Mortgage Market Index (RMMI) that measures senior home equity rose to its highest level since the third quarter of 2007. The index finished the period at 183.87

Consultative Council Recommendations Highlight Three Key Building Industry Priorities

WASHINGTON, D.C. - January 12, 2015 - (RealEstateRama) -- Today, the National Institute of Building Sciences Consultative Council released its 2014 report, Moving Forward: Findings and Recommendations from the Consultative Council, during its Annual Meeting, held as part of Building Innovation 2015: The National Institute of Building Sciences Annual Conference and Expo

Rep. Royce HFSC Subcommittees to Include Capital Markets, GSEs, Housing & Insurance

WASHINGTON, D.C. - January 12, 2015 - (RealEstateRama) -- U.S. Representative Ed Royce (R-CA) released the following statement after being assigned to the Capital Markets and Government Sponsored Enterprises Subcommittee and Housing and Insurance Subcommittee by Chairman Jeb Hensarling (R-TX) of the House Financial Services Committee

Revised Preliminary Flood Maps in El Paso County, Texas Ready for Public View

DENTON, Texas - January 08, 2014 - (RealEstateRama) -- Homeowners, renters and business owners in El Paso County in Texas are encouraged to look over newly-revised preliminary flood maps in order to determine their flood risks and make informed decisions

Las Vegas Most Trusted Real Estate Agents

Las Vegas, Nevada - January 12, 2014 - (RealEstateRama) -- Bill and Francoise Myers run one of the most successful Real Estate teams in the state of Nevada. When the housing market crashed in 2008, The Myers Team received national attention by helping thousands of Las Vegas homeowners avoid foreclosure. Today, The Myers Team is once again making headlines as top producing Real Estate agents in Las Vegas

NAI Capital Represents the Owners of the Hollywood Roosevelt Hotel in a Joint...

LOS ANGELES, CA - January 12, 2014 - (RealEstateRama) -- Tom Nguyen with the Orange County office represented the buyer, DCGG Park Plaza, LLC (also known as the owners of the Hollywood Roosevelt Hotel) in a joint venture agreement with the current owners, Wilshire Park Plaza LLC, to redevelop the Legendary Park Plaza Hotel located at 607 S. Park View Street, Los Angeles, CA

New Orleans First Major City in Nation to End Veteran Homelessness

NEW ORLEANS, LA - January 12, 2014 - (RealEstateRama) -- Today, Mayor Mitch Landrieu announced that New Orleans is the first major city in the nation to end hom–elessness among Veterans as part of First Lady Michelle Obama’s Mayors Challenge to End Veteran Homelessness. Members of the New Orleans Interagency Council on Homelessness as well as Veterans, service members, military leaders, national homelessness advocates and partners from the federal government joined Landrieu at the National World War II Museum in New Orleans to announce and celebrate the city’s historic milestone

DECLUTTER AND DONATE TO GOODWILL® — DONORS GET TAX DEDUCTIONS AND HELP CREATE JOBS

ROCKVILLE, MD - January 12, 2014 - (RealEstateRama) -- Now is the time for families to clean out their homes and storage spaces and make room for this year’s holiday presents. There are more than 3,000 Goodwill stores across the United States and Canada that are ready to take donations and sell them in their stores. The revenue generated will fund job training programs and community-based support services, such as child care, financial education and mentoring, for people who need them this holiday season.

NCRC Reacts to Reduction in FHA Premiums

Washington, DC - January 12, 2014 - (RealEstateRama) -- Today, in reaction to President Obama’s announcement that the Federal Housing Administration (FHA) will lower mortgage insurance premiums by 0.5 percentage points for FHA loans, NCRC President and CEO John Taylor made the following statemen

Lowering FHA premiums is timely and wise

WASHINGTON, D.C. - January 12, 2014 - (RealEstateRama) -- The National Housing Conference welcomes President Obama’s announcement today that the Federal Housing Administration will charge homebuyers less for its mortgage insurance. For several years now, FHA has had historically high premiums to restore capital to its Mutual Mortgage Insurance Fund. Now that the fund is in a stronger position, it is wise policy to lower the premiums to reduce costs for homeowners and make FHA mortgages more competitive without exposing FHA to significant additional risk

CBRE ARRANGES THE SALE AND FINANCING OF AN OFFICE PROPERTY IN ORLANDO, FL

Orlando, FL - January 09, 2014 - (RealEstateRama) -- CBRE arranged the sale and financing of two fully-leased, single-story office buildings totaling 82,175 square feet in the East Orlando office submarket. ORC Quadrangle, LLC acquired the property, located at 3500 and 3626 Quadrangle Boulevard, from Atlanta-based Wells Real Estate Fund X III, L.P., for an undisclosed amount. CBRE represented the seller

Lee & Associates Completes $52.25M Sale of Denver Shopping Centers

DENVER, CO - January 09, 2014 - (RealEstateRama) -- Lee & Associates is pleased to announce the sale of Quebec Square and Quebec 36 for $52,250,000. The 207,561 SF community retail shopping centers are located at 36th Ave. and Quebec St. in Denver, Colorado.

Attorney General Mark Brnovich Recognizes the Accomplishments of the Mortgage Settlement Programs that Help...

Phoenix - January 09, 2014 - (RealEstateRama) -- With President Barack Obama’s visit to Phoenix today to discuss the housing market’s recovery, Attorney General Mark Brnovich commends the accomplishments of 23 community agencies that have partnered with the Arizona Attorney General’s office (“AGO”) to implement the Help You Can Trust programs designed to aid individuals and families in Arizona who are still challenged by the housing crisis

NAI Capital Represents Seller in Townsgate Business Center Sale for 13 Million

THOUSAND OAKS, CA - January 08, 2014 - (RealEstateRama) -- NAI Capital’s Dan Spell, Timothy P. Foutz, and Mickey Belt represented the seller, DMC Investment Group, in the sale of Townsgate Business Center located at 2637-2649 Townsgate Road in Thousand Oaks, CA to the buyer, Townsgate Business Park LLC. The outside brokerage representation was by Delphi Business Properties and the value of the sales transaction was $13 Million

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.

Recent Gov & Nonprofit Real Estate Press Releases