ALLAS, Dec. 12 /PRNewswire/ -- Behringer Harvard announced today that it has closed on the previously announced acquisition of publicly traded IPC US REIT and its portfolio of 34 U.S. office properties. The transaction, valued at approximately $1.4 billion, includes all of Toronto-based IPC US REIT's subsidiaries at a purchase price of $9.75 per unit, of which approximately $600 million is equity and $800 million is outstanding debt.
Annual capital spending by all U.S. nonfarm businesses on structures and equipment varied cyclically, but went from about $1.05 trillion in 1999 to about $1.15 trillion in 2005, according to the Census Bureau’s
Washington, DC - December 12, 2007 - Senator Judd Gregg, ranking member of the Senate Budget Committee, has offered an amendment to the 2007 Farm Bill that will help millions of American homeowners hurt by the downturn in the housing market. Senator Gregg had filed the amendment in mid-November.
Washington, DC - December 12, 2007 - The U.S. Green Building Council (USGBC) announces the launch of the Education Provider Program (EPP). The program will result in an extensive "course catalog" of top-tier green building educational programs, peer-reviewed and approved by USGBC,
New York, N.Y. - December 11, 2007 - Turner Construction Company, the nation’s leading general builder, today announced that construction costs increase in the Fourth Quarter. According to the Turner Building Cost Index, the Fourth Quarter 2007 Index value is 876 which represents a 1.51 percent increase in construction costs over the Third Quarter 2007 and a 7.09 percent increase over the Fourth Quarter 2006 index.
The Pending Home Sales Index, a forward-looking indicator based on contracts signed, increased 0.6 percent in October, marking the second consecutive monthly gain, according to the NATIONAL ASSOCIATION OF REALTORS
WASHINGTON - December 10, 2007 - Existing-home sales are projected to trend up in 2008, with pending home sales showing a slight near-term rise, according to the latest forecast by the National Association of Realtors®. However, a recovery for new-home sales is unlikely before 2009.
Real Estate website Fizber.com has launched Google Checkout payments service on their website to speed Real Estate transactions.
WASHINGTON, December 06, 2007 - The National Association of Realtors® today expressed support of President George W. Bush’s efforts to curb the increase in foreclosures due to irresponsible lending practices and complicated mortgage products by allowing modification of certain loans or freezing the interest rates for up to five years
WASHINGTON - December 6, 2007 - Comptroller of the Currency John C. Dugan issued the following statement today at the Department of the Treasury press conference announcing a plan to assist a key segment of subprime borrowers to modify their mortgages and avoid foreclosures
It’s a turbulent time for many real estate practitioners — but headlines about sluggish sales and tighter financing hardly capture the whole story. More than ever, you need to be up to speed on the wide-ranging phenomena driving today’s dodgy marketplace.
Washington, DC - December 6, 2007 - The U.S. Green Building Council (USGBC) has opened the call for papers for educational sessions at the Greenbuild International Conference and Expo, which will be held November 19-21, 2008 in Boston, Massachusetts. The theme of the seventh annual conference will be Revolutionary Green: Innovations for Global Stability. All session proposals must reinforce the conference theme.
LOS ANGELES, Dec. 5 /PRNewswire-FirstCall/ -- Move, Inc., the leader in online real estate search, has signed a new exclusive three-year content distribution agreement with online leader MSN. As a result, the more than 94.8 million(1) monthly MSN visitors will continue to have instant access to the largest online collection of resale homes, new homes, and rentals at Move.com and Move-operated REALTOR.com(R)
NuWire Investor recently published its 2007 list of the top 10 places to invest based on an analysis of nearly one hundred U.S. cities
If you’re thinking about selling your home, you may be considering using the services of a real estate broker or agent. But before you sign a listing agreement, the Federal Trade Commission (FTC), the agency that works for a competitive marketplace, wants you to be informed about your choices.
November 2007 Foreclosure Report Issued By Propertyshark.Com; Increases in Los Angeles, New York City...
PropertyShark.com today released its November 2007 report covering first-time residential foreclosures in Los Angeles, Miami, Seattle and New York City. The number of new Seattle foreclosures jumped 118% in November 2007 over October 2007, and 33% over November 2006. The number of foreclosures rose in Los Angeles, 13.09% higher than last month and 233.7% higher than the same month in 2006. There were 643 residential foreclosure auctions scheduled in Miami-Dade County for November 2007
WASHINGTON - December 4, 2007 - Thousands of residents displaced by the 2005 Gulf Coast hurricanes are continuing to have their rent paid through a new government initiative, the Disaster Housing Assistance Program, which is being administered by the U.S. Department of Housing and Urban Development (HUD) on behalf of the Federal Emergency Management Agency (FEMA)
WASHINGTON, D.C. - December 05, 2007 - The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending November 30, 2007. The Market Composite Index, a measure of mortgage loan application volume, was 791.8, an increase of 22.5 percent on a seasonally adjusted basis from 646.3 one week earlier
From advanced home sensors to computerized wine cellars, today’s cutting-edge homes are starting to think on their own. Learn about the latest gadgets and trends
Alexandria, Va. - Dec 4, 2007 - As the Bush administration huddles with major lenders to finalize a relief plan for subprime borrowers, new results today from a survey conducted by Harris Interactive® on behalf of the National Taxpayers Union (NTU) warn against the government going too far. Almost half (48%) of U.S. adults aged 18 and older think a federal bailout of the subprime market would help either lenders who issue subprime mortgages or Wall Street banks who profit from subprime mortgages; in contrast, roughly a quarter (26%) believe homeowners who hold subprime mortgages would benefit most.
Mayor Muriel Bowser and the Department of Housing and Community Development (DHCD) announced the selection of 9 projects that will produce and preserve over 1,100 affordable
The Alliance to Save Energy on Wednesday applauded the Biden administration’s focus on strengthening energy efficiency in buildings, transportation, affordable housing, and other sectors of the economy in the American Jobs Plan.
In a matter of days, moratoriums are set to expire as millions of people are still struggling to pay their mortgage and rent. Meanwhile, scammers are selling them false solutions. The Consumer Financial Protection Bureau advises that as many as 11
A house is a huge investment which means that you have to make proper choices and decisions so that you will not end up wasting your financial resources on a home that you might not end up liking. Buying a home requires research and your commitment to your goal of buying the perfect home for you and your family.
It is exciting to move to a new place, but the stress that comes with packing is something most people fear the most. You have to ensure your home is clean, reach out to utility companies, pack your belongings and hire a firm to help you remove some of your properties. The stress isn’t something to look forward to.
Simpson Strong-Tie donates $450,000 to Habitat for Humanity to build resilient, decent and affordable...
Simpson Strong-Tie today announced it is going into its 14th year of partnership with Habitat for Humanity International. To commemorate this, the company is donating $450,000
Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Houston, Pasadena and Webster for rebuilding tips from mitigation experts.
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 9 basis points from 5.05% of servicers' portfolio volume in the prior week to 4.96% as of March
As the housing industry celebrates New Homes Month in April, recent data from the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), reveals that first-time home buyers account for almost half (43 percent)
The home-building business is booming, and it’s not just because of home renovation projects during the pandemic. Wannabe homeowners are turning more and more to new-build homes. Look at why new-build homes are so popular, why one might be right for you
Wood Investments Companies, Inc., a leading California commercial real estate investment and management company specializing in retail, announced today the acquisition of CentrePoint Marketplace, a 100%-occupied, 197,288-square-foot
National Offshore Wind Goal To Support 77,000 Jobs, Power 10 Million Homes, Cut 78 Million Metric Tons in Carbon Emissions
The U.S. General Services Administration (GSA) and the ACE Mentor Program of America (ACE) are continuing their partnership to expand awareness of the design and construction industry among high school students and share a commitment to diversity
Following a meeting with a Bipartisan Delegation from the U.S. Conference of Mayors, U.S. Secretary of Commerce Gina M. Raimondo released the following statement
If you are buying or selling a house, it is a good idea to work with an experienced realtor to simplify the process and benefit from their skills and extensive knowledge of the industry. To succeed, you have to find the best realtor in town and one that you can trust. An excellent way to find one is through referrals
Chuck Fowke, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Tampa, Fla., today issued the following statement on President Biden’s infrastructure proposal
Delinquency rates for mortgages backed by commercial and multifamily properties decreased again in March, reaching the lowest level since the onset of the COVID-19 pandemic, according to the Mortgage Bankers Association's (MBA) latest monthly CREF
National Association of Realtors® President Charlie Oppler issued the following statement on Wednesday thanking the Biden administration for emphasizing housing availability and broadband
For the last week, energy and environmental industry groups have been participating in Net Zero Buildings Week, a social media promotion running from March 29-April 2, to showcase zero energy and carbon neutral resources.
A window AC is supposed to be the most common and popular form of the air conditioner. It is very easily seen in every household without any complaints. It is excellent for easy cooling and if your space is small, nothing can be better than this. It is a small and compact white-box model that has no aesthetic value and will not add any décor to your room.
FEMA announced federal disaster assistance has been made available to the state of Texas to supplement state and local recovery efforts in the areas affected by Hurricane Hanna from July 25, 2020, and continuing
The Federal Emergency Management Agency (FEMA) has authorized the use of federal funds to assist the State of Nevada in combating the Numbers Fire burning in Douglas County.
In the process of setting up your Texas LLC, you'll be faced with quite a few expenses. Some of these are required by legislation, and others are just recommended. We'll cover the costs of setting up an LLC in Texas and also provide you with the informatio
The services of a registration agent began as part of due process in the US Constitution. A lawsuit includes the legal right to be notified of claims or other legal matters. Here are some brief things that will help explain what a Registered Agent Service In Texas
The New York State Division of Consumer Protection (DCP) is alerting consumers about the dangers of television (TV) tip-over hazards. Millions of New Yorkers will watch the Super Bowl this Sunday either on TVs at home or at parties with friends. DCP is taking this TV-focused occasion to remind consumers of critical TV safety tips.
Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has completed the sale of a brand-new, single-tenant Starbucks
A Houston-area mom is sharing her Hurricane Harvey recovery story this holiday season, along with the importance of always being prepared for flood events.
Fast-growing Florida has been a favorite of real estate investors for many years. With so much interest having been focused on the state, though, investors need to take care to seek the best available opportunities.
Office of General Services Commissioner RoAnn Destito today announced that the Senator Walter J. Mahoney State Office Building located at 65 Court Street in Buffalo will be sold at auction in 2020. A work group formed earlier this year made up of City, County, and State officials working with professional real estate consultants CBRE, determined that in the current competitive and robust Buffalo real estate market
The National Association of Realtors® (NAR) recently identified 10 markets expected to outperform over the next three to five years. In alphabetical order, the markets are
Eviction is a dirty word for both tenants and the landlords that believe the time has come to remove one or more parties from an apartment. The process anywhere can lead to a strained relationship at best and a bitter acrimonious fight that ends up in the judicial system.
Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Katy, Houston and Spring from Monday, Dec. 9, to Saturday
Associated Builders and Contractors released its 2019 Merit Shop Scorecard today, an annual ranking based on state policies and programs that encourage workforce development, career and technical education
Ribbon Cutting Celebrating New Affordable Apartments in the Bronx for Low-Income Families and Domestic...
New Destiny was joined by supporters and colleagues to celebrate the opening of its newly constructed service-enriched affordable housing project - The Jennings - located in the Crotona Park East
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today awarded $1.5 million to nearly a dozen housing authorities to assist young people aging out
The Bureau of Land Management today announced that Karen Mouritsen has been named the new California State Director—a key leadership position based in Sacramento. As State Director, Mouritsen will direct a team that manages lands encompassing 15% of the Golden State’s total land mass
California Real Estate Developer Convicted of Making Conduit Contributions in Two U.S. Congressional Campaigns
Today, a federal jury found an Oakland-area real estate developer guilty for funneling tens of thousands of dollars through straw donors into two consecutive congressional campaigns
The New York State Office of Alcoholism and Substance Abuse Services (OASAS) today announced the opening of the new JLC Recovery and Wellness Center in New York City. JLC is operated by Exponents Inc. and provides free help and support services for people affected by addiction and for their families.
In spite of a robust U.S. economy, a strong employment rate, and steadily increasing 401(k) plan earnings, Black homeownership rates continue to drop. Drawing from the 2019 release of the National Association of Real Estate Brokers
Sales of newly built, single-family homes fell 7.8 percent to a seasonally adjusted annual rate of 626,000 units in May, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Water-loving outdoor recreationists and local communities in 27 states will have additional resources to help boaters keep America’s waters clean, thanks to more than $17 million in Clean Vessel Act program grants from the U.S. Fish and Wildlife Service.
Texas SandFest drew a record 35,000 people April 26-28, encouraging business owners that Port Aransas is on its way to recovery. With nearly all the city’s retailers and restaurants re-opened, residents are beginning to feel like things are getting back to normal.
OJO Labs, a leading-edge technology company on a mission to empower consumer decision-making through its conversational AI assistant, OJO, won the highly coveted 2019 A-List Award among mid-sized companies from the Austin Chamber of Commerce in partnership with SXSW
Listing property on Airbnb has become a popular way to make extra money, meet new people, and provide some freedom, but there are a few key things to think about when you are considering listing your property. It is key to know what you’re getting yourself into.
The Rockefeller Foundation Launches $5.5 Million Opportunity Zone Community Capacity Building Initiative for Select...
The Rockefeller Foundation today announced an initiative to help U.S. cities attract responsible private investment in economically-distressed communities through Opportunity Zones created in the 2017 Tax Cuts and Jobs Act. This effort will help ensure new investment delivers sustainable benefits for more than 30 million low-income Americans living in Opportunity Zones
Eden Housing and City of Fremont Celebrate Grand Opening of KTGY-Designed Affordable Senior Housing...
Pauline Weaver Senior Apartments is located in the Warms Springs area of Alameda County and features 90 apartment homes for very low and extremely low-income seniors, near I-880 freeway, BART, shopping, services and other amenities.
The U.S. Department of Veterans Affairs (VA) announced May 13 that Veterans who qualify for a VA Home Loan funding fee waiver are now being notified in their home loan eligibility certificate and disability compensation award letter.
The nation's third-largest Multiple Listing Service, My Florida Regional MLS, will become Stellar MLS on June 4, 2019, in a move that totally reimagines the MLS. Currently serving 58,000 customers
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced the National Association of Home Builders (NAHB) will co-host the Department's inaugural "Innovative Housing Showcase." The Innovative Housing Showcase will be held on the National Mall June 1-5, 2019
Yesterday, U.S. Senator Maria Cantwell (D-Wash.), ranking member of the Senate Energy and Natural Resources Committee, asked the Department of the Interior about its commitment to the Yakima River Basin during a hearing on the president’s FY 2017 budget request. Deputy Secretary of the Interior Michael Connor agreed with Sen. Cantwell that the Yakima River Basin plan “is a model for the rest of the nation in water management.”
“Consumers Energy is thankful to be a part of holiday celebrations across the state as warm Thanksgiving memories are being made, and we are committed to providing many more generations of Michigan families with reliable, affordable energy in all seasons,” said Garrick Rochow, Consumers Energy’s vice president and chief customer officer
Agencies Issue Final Rule to Exempt Subset of Higher-Priced Mortgage Loans from Appraisal Requirements
WASHINGTON, D.C. - December 13, 2013 - (RealEstateRama) -- Six federal financial regulatory agencies today issued a final rule that creates exemptions from certain appraisal requirements for a subset of higher-priced mortgage loans. The exemptions are intended to save borrowers time and money while still ensuring that the loans are financially sound
Atlanta, Georgia - November 13, 2013 - (RealEstateRama) -- the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Equity Loans, LLC, License Number 23300, located at 1150 Hammond Dr., Building E, Suite 650, Atlanta, Georgia 30328, to resolve allegations pertaining to violations of the Georgia Residential Mortgage Act