New York, NY - August 3, 2011 - (RealEstateRama) -- Paramount Group, Inc., New York’s largest privately held international real estate investment and management firm, has recapitalized a 49 percent interest in its 1633 Broadway office tower. Affiliates of Morgan Stanley and Bank of America have exited the partnership and have been replaced by affiliates of Beacon Capital Partners, LLC and Paramount Group Real Estate Fund IV. SL Green Realty Corp. (NYSE:SLG) acquired a preferred equity interest as well. Paramount Group Real Estate Fund I retains its 51 percent controlling interest in the 2.5 million- square-foot Class A office tower where Paramount Group is headquartered. The prestigious tenant roster includes, Allianz, Time Warner, Deloitte LLP, Morgan Stanley, Dickstein Shapiro and Kasowitz, Benson, Torres & Freedman LLP

JERSEY CITY, N.J. - August 3, 2011 - (RealEstateRama) -- New Jersey Department of Community Affairs (DCA) Commissioner Lori Grifa today joined State Senator Sandra B. Cunningham, Mayor Jerramiah T. Healy, and other officials at the ribbon cutting for 13 affordable housing units in Jersey City that received $1 million in Neighborhood Stabilization Program funds through the DCA. The grant is paid for with federal funds intended to stabilize neighborhoods hard hit by home foreclosures.

August 3, 2011 - (RealEstateRama) -- Some Vermonters saw their homes and cars swamped by this spring’s heavy rains and floods, while others saw their jobs or businesses swept away. The Federal Emergency Management Agency is helping put the state??...

WASHINGTON, D.C. - August 3, 2011 - (RealEstateRama) -- Mortgage applications increased 7.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending July 29, 2011

WASHINGTON, D.C. - August 3, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA), along with 16 other national real estate and financial services organizations, submitted to federal regulators a joint comment letter in response to the commercial and multifamily real estate elements of the proposed rule on credit risk retention (Proposed Rule).

New York, NY - August 3, 2011 - (RealEstateRama) -- PCCP, LLC announced today it formed a joint venture with Montgomery, AL-based B&M Management Company to acquire The Reserve at Research Park, a 736-unit Class B multifamily property located at ...

August 2, 2011 - (RealEstateRama) -- PREET BHARARA, the United States Attorney for the Southern District of New York, announced that MICAH MEYERS was sentenced today in Manhattan federal court to 60 months in prison for his role in a sub-prime mortgage fraud scheme involving dozens of residential mortgages that totaled more than $10 million. MEYERS previously pled guilty to one count of conspiracy to commit bank and wire fraud on May 27, 2010. His sentence was imposed by United States District Judge DEBORAH A. BATTS

IRVINE, CA - August 2, 2011 - (RealEstateRama) -- RealtyTrac® (http://www.realtytrac.com/), the leading online marketplace for foreclosure properties, today unveiled its new bulk foreclosure data search and download tool now known as MEGA Data. This new product gives users the ability to quickly sift through RealtyTrac’s database of more than 2 million foreclosure properties to create targeted lists of distressed homeowners, scheduled auctions and bank-owned properties.

WASHINGTON, D.C. - August 2, 2011 - (RealEstateRama) -- Members of Media:On Monday, the Mortgage Bankers Association (MBA) filed a comment letter with six federal regulators in response to proposed credit risk retention regulations implementing section 941 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.

Orlando, FL - August 2, 2011 - (RealEstateRama) -- Orlando mortgage lender FBC recently released their Central Florida Mortgage Report for June 2011. All of the data contained in the report is compiled from financed properties located in Orange, Seminole, Volusia, Osceola and Lake Counties and excludes condos and distressed properties unable to obtain financing.

Phoenix, AZ - August 2, 2011 - (RealEstateRama) -- “Celebrating the International Year of Youth: Youth as Leaders, Change Makers, and Connected Global Citizens” in Doha, Qatar, ended July 28. Hosted by Global Citizen Corps, this program of Mercy Corps was implemented in partnership with Reach Out to Asia, a Qatari non-governmental organization that works under the auspices of the Qatar Foundation.

BOCA RATON, FL - August 2, 2011 - (RealEstateRama) -- Global Tower Partners (GTP) today announced that they have closed on 37 NV Energy (NVE) commercial telecommunications towers located on NVE substation properties in and around Las Vegas, Nevada.

HERNDON, VA - August 2, 2011 - (RealEstateRama) -- NAIOP, The Commercial Real Estate Development Association, is bringing its annual meeting to Scottsdale, Ariz., October 18-20. Development '11: The Annual Meeting for Commercial Real Estate brings together industry professionals from across North America to focus on the timely issues and trends influencing the transitioning commercial real estate market. Nearly 1,000 commercial real estate professionals representing all sectors of the industry are expected to attend the conference, held at the Fairmont Scottsdale Princess.

NEW BRUNSWICK, N.J. - August 2, 2011 - (RealEstateRama) -- With the addition of 45 new members in Q1 of 2011, NAIOP New Jersey, the commercial real estate development association, has seen its ranks grow. Established in 1970, NAIOP New Jersey is the leading commercial real estate, land use and economic development resource in the state. Through its link to NAIOP corporate, the New Jersey Chapter provides a direct connection to 18,000 members in North America.

Torrance, CA - August 2, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest commercial real estate brokerage firms in the country, has named Chris Lexis and Joe Leavitt vice presidents of its Las Vegas office. The move lends further proof that Lee & Associates is maintaining its profitability and nationwide growth despite operating in an economy riddled with financial uncertainty and corporate downsizing.

Somerset, NJ - August 2, 2011 - (RealEstateRama) -- Andrew Zezas, SIOR, President and CEO of Real Estate Strategies Corporation, announced today that the New Jersey based corporate real estate advisory and transaction services firm completed another important real estate engagement on behalf of Agfa Corporation. In this case, Real Estate Strategies Corporation advised and represented Agfa Corporation in the negotiation of that company’s new U.S. headquarters. After completion of construction, Agfa is expected to relocate to approximately 36,000 square feet of first-class office space at River Drive Center 3, 611 River Drive, Elmwood Park, NJ. Agfa’s U.S. headquarters has been located at 100 Challenger Road, Ridgefield Park, New Jersey, for almost twenty-five years.

August 2, 2011 - (RealEstateRama) -- The first half of 2011 has seen significant capital allocated to real estate, but the market remains a "tale of two cities." The absolute right product continues to attract a great deal of interest, but if an asset is "slightly off," there is no action for it. That trend spans all four primary property types – retail, office, industrial, and multi-family.

August 2, 2011 - (RealEstateRama) -- Construction employment increased in 149 out of 337 metropolitan areas between June 2010 and June 2011, declined in 141 and stayed level in 47, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials noted that the local employment data posted slightly stronger gains largely because of growing private sector demand for construction.

EUGENE, OR - August 2, 2011 - (RealEstateRama) -- Don Preisser and IDX, Inc. have joined forces to bring thousands of Metrolist Denver (MTOMLS) listings to the fingertips of online Denver, Colorado home seekers. As a member of the MTOMLS, Preisser has ...

Industry leaders and officials from across Ohio announced their support for the Republican reconciliation law and the benefits it will have for workers, families, farmers, and small businesses across Ohio and its economy.

The New York City Housing Authority (NYCHA) closed on the financing for the Northwest Bronx Scattered Sites, a $593.7 million Permanent Affordability Commitment Together (PACT) project that will bring comprehensive renovations for more than 3,000 residents living in 14 residential buildings across eight developments in the Bronx.

Dubai, a city renowned for its iconic skyline and ultramodern architecture, is a hotspot for property development. However, behind the impressive structures are a series of challenges that developers face in this vibrant real estate market. Navigating the complexities of evolving regulations, market fluctuations, and construction issues requires strategic planning and innovation.

Congratulations to MHI CEO Dr. Lesli Gooch, named one of HousingWire’s 2025 Women of Influence! Under her leadership, MHI has made significant strides in advancing legislative priorities, including efforts to update federal housing regulations and construction codes to better reflect modern industry innovations.

Improvements to the Opportunity Zone (OZ) program, which encourages greater investment in distressed communities, will result in more investments targeted to parts of rural America and greater transparency in the successes of the program.

Six months after the devastating Los Angeles fires, including the Eaton Fire, which claimed 18 lives, scorched over 14,000 acres, destroyed more than 9,500 structures including homes, businesses, churches, and nonprofit centers, and displaced 20,000 residents—Rep. Judy Chu released the following statement

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.

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 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

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

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

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