Archives
MIDTOWN APARTMENT BUILDING WORKERS, TENANTS AND ELECTED OFFICIALS RALLY TO MARK ONE YEAR ON...
New York, NY - June 8, 2012 - (RealEstateRama) -- As a strike by doormen and porters at a 130-unit tower in Midtown reaches its one-year anniversary this week, dozens of tenants, elected officials and supporters rallied today to support the workers.
Collaboration Between FHA and Apartment Industry Essential to Meet Nation’s Demand for Rental Housing
WASHINGTON, D.C. - June 8, 2012 - (RealEstateRama) -- Testifying before a House Financial Services Subcommittee on behalf of the National Multi Housing Council (NMHC) and the National Apartment Association (NAA), Rick Mosytn today told lawmakers that the Federal Housing Administration’s (FHA’s) multifamily housing programs are a critical resource to private-sector developers and investors and the future health of the rental housing market.
Bipartisan Lead Paint Bill would Ease Regulatory Burdens without Compromising Safety
WASHINGTON, D.C. - June 8, 2012 - (RealEstateRama) -- Responding to concerns from the National Association of Home Builders (NAHB) and affiliated trade groups, Reps. John Sullivan (R-Okla.) Tim Murphy (R-Pa.) and a bipartisan list of original co-sponsors today introduced legislation to make much-needed improvements to the Environmental Protection Agency’s Lead: Repair, Renovation and Painting (LRRP) rule.
Mayor Menino Announces that Atlantic Wharf, Boston’s First Green Skyscraper, Receives LEED Platinum Plaque
June 7, 2012 - (RealEstateRama) -- Mayor Thomas M. Menino today announced that Boston Properties’ Atlantic Wharf, Boston’s first green skyscraper has been designated LEED Platinum under the U.S. Green Building Council’s (USGBC) LEED Core & S...
Grassley Seeks Full Transparency of Public Housing Authority Salaries
WASHINGTON, DC - June 7, 2012 - (RealEstateRama) -- Sen. Chuck Grassley of Iowa is urging the Department of Housing and Urban Development to make public the salary data it collected from public housing authorities across the country under pressure from...
New Jersey Governor Chris Christie to Speak at Commercial Real Estate Conference Next Week
HERNDON, VA - June 7, 2012 - (RealEstateRama) -- NAIOP, the Commercial Real Estate Development Association, will be hosting its annual industrial real estate conference next week, June 14-15, at the Hyatt Regency Jersey City in Jersey City, N.J. In att...
NCSHA Testifies in Support of Strengthening FHA’s Affordable Multifamily Lending Capacity
WASHINGTON, D.C. - June 7, 2012 - (RealEstateRama) -- The National Council of State Housing Agencies (NCSHA) urged Congress today to strengthen FHA’s affordable multifamily lending capacity by enhancing its already successful partnership with state Housing Finance Agencies (HFA). NCSHA advocated for authorizing Ginnie Mae to securitize Federal Housing Administration (FHA)-insured multifamily loans under the FHA-HFA Risk-Sharing program to help address the nation’s growing need for rental housing. These remarks were made during testimony before the House Financial Services Subcommittee on Insurance, Housing and Community Opportunity hearing on FHA multifamily mortgage insurance programs.
CEDIA Future Technology Pavilion to Showcase Next Generation of the Smart Home
INDIANAPOLIS - June 7, 2012 - (RealEstateRama) -- The Custom Electronic Design and Installation Association (CEDIA) has unveiled key details surrounding the CEDIA EXPO 2012 Future Technology Pavilion. This future home environment will feature technology solutions that will be integrated to create the next generation of the smart home, the fully intuitive home, set to arrive in the next four years.
Apartment and Condominium Market Shows Ongoing Improvement in First Quarter
June 7, 2012 - (RealEstateRama) -- The Multifamily Production Index (MPI), a leading indicator for the multifamily market released by the National Association of Home Builders (NAHB) today, recorded its highest reading since the third quarter of 2005 with an index level of 51.
OBAMA ADMINISTRATION RELEASES MAY HOUSING SCORECARD
WASHINGTON, DC - June 7, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the Mayedition of the Obama Administration's Housing Scorecard – a comprehensive report on the nation’s housing market.
HUD Secretary Shaun Donovan to Address NAHB Members
WASHINGTON, D.C. - June 7, 2012 - (RealEstateRama) -- U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan will deliver a special address to the NAHB membership during its upcoming Spring Board of Directors meeting in Washington, D.C., tomorrow at 3:30 p.m.
Menendez, Lautenberg Announce More than $6 Million for Community Development, Affordable Housing
Newark - June 6, 2012 - (RealEstateRama) -- U.S. Senators Robert Menendez (D-NJ) and Frank R. Lautenberg (D-NJ) today announced that Asbury Park, Atlantic City, Long Branch, Middletown and Monmouth County will receive a total of more than $6 million in...
More than 700 Builders Call on Congress to Make Housing and Homeownership a National...
WASHINGTON, D.C. - June 6, 2012 - (RealEstateRama) -- More than 700 home builders trekked to Capitol Hill today to call on Congress to make housing and homeownership a national priority and to take concrete steps to get housing back on track in order to create jobs and keep the economy moving forward
Corcoran Sunshine Marketing Group Announces
NEW YORK, NY - June 6, 2012 - (RealEstateRama) -- Elaine Diratz, managing director at Corcoran Sunshine Marketing Group, announced sales of over $59 million at 515 East 72 in the past 90 days. Corcoran Sunshine Marketing Group is the exclusive sales ag...
KANSAS HOUSING RESOURCES CORPORATION SEEKS PUBLIC COMMENT ON PROPOSED MODERATE INCOME HOUSING PROGRAM
TOPEKA - June 6, 2012 - (RealEstateRama) -- Kansas Housing Resources Corporation (KHRC) is asking for public comments on the Corporation's plan to help cities and counties develop moderate income housing and infrastructure in rural areas. The draft pla...
RE/MAX Fidelity Opens on Chicago’s Northwest Side with Focus on Avondale, Hermosa and Belmont...
CHICAGO, IL - June 6, 2012 - (RealEstateRama) -- Angel and Antonio Aguilar recently opened RE/MAX Fidelity at 2137 N. Cicero Ave. on Chicago’s Northwest Side. In doing so, they started with a simple but important goal: To provide superior real estate services to a very important segment of the city, the adjoining neighborhoods of Hermosa, Avondale and Belmont Cragin.
VA, HUD, HHS Join Jon Bon Jovi Today to Announce Finalists of their Project...
WASHINGTON, DC - June 6, 2012 - (RealEstateRama) -- The Department of Veterans Affairs (VA) today joined JBJ Soul Foundation Chairman, Jon Bon Jovi, to announce the five finalists of Project REACH (Real-time Electronic Access for Caregivers and the Homeless) during the Health Data Initiative Forum in Washington, D.C., sponsored by the Department of Health and Human Services’ (HHS).
ONLY FOUR HOMES REMAIN AT 40 PARK IN DOWNTOWN MORRISTOWN
MORRISTOWN, N.J - June 6, 2012 - (RealEstateRama) -- 40 Park, the luxury residential building on the Morristown Green, has been an icon since its grand opening, a seven-story testament to how the principles of new urbanism can help energize a downtown....
KCK CELEBRATES GRAND OPENING OF NEW SENIOR HOUSING
KANSAS CITY - June 5, 2012 - (RealEstateRama) -- Officials from Kansas Housing Resources Corporation (KHRC); the Unified Government of Wyandotte County and Kansas City, Kansas; the Kansas City, Kansas Area Chamber of Commerce; and the Kansas City Board...
Commercial and Multifamily Mortgage Delinquency Rates Drop for Banks, Rise for CMBS in First...
WASHINGTON, D.C. - June 5, 2012 - (RealEstateRama) -- Commercial and multifamily mortgage delinquency rates dropped for banks and rose for commercial mortgage backed securities (CMBS) during the first quarter of 2012. Delinquency rates also declined for life insurance companies and Fannie Mae during the first quarter, and increased by 0.01 percentage points for Freddie Mac, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report.
