Yearly Archives: 2013
CBRE COMPLETES SALE OF GROCERY-ANCHORED RETAIL CENTER IN DESTIN, FLORIDA
Jacksonville, FL - November 8, 2013 - (RealEstateRama) -- CBRE’s Capital Markets Group arranged the sale of Plantation Commons, a 121,402-square-foot Class A retail center located at 4495 Commons Drive West, Destin, Florida. Continental Realty Corporation of Baltimore, MD acquired the property for $13.325 million, or $109.76 per square foot. The property was 70.2% occupied at the time of sale. CBRE Senior Vice President Casey Rosen and Senior Vice President Cliff Taylor represented the seller.
CFPB Takes Action Against Castle & Cooke For Steering Consumers Into Costlier Mortgages
WASHINGTON, D.C. - November 8, 2013 - (RealEstateRama) -- The Consumer Financial Protection Bureau (CFPB) today announced a proposed consent order in its enforcement action against Castle & Cooke Mortgage, LLC, for allegedly steering consumers into costlier mortgages. The Bureau has asked a federal district court to approve a consent order that would provide more than $9 million in restitution for consumers and obtain $4 million in civil money penalties against Castle & Cooke and two of its officers for allegedly paying loan officers illegal bonuses.
Nearly 60,000 Global LEED Green Building Projects Span 10.6 Billion Square Feet: New Report...
WASHINGTON, D.C. - November 8, 2013 - (RealEstateRama) -- Today, the U.S. Green Building Council (USGBC) released its second installment of the LEED in Motion report series: Places and Policies. The report states that there are nearly 60,000 LEED green building projects across the globe, spanning 10.6 billion square feet. Notably, Canada, India, China, the United Arab Emirates and Brazil lead the way for countries with the highest number of projects outside the U.S.
FACT SHEET: Modernizing and Investing in America’s Ports and Infrastructure
WASHINGTON, D.C. - November 8, 2013 - (RealEstateRama) -- On November 8th, President Obama will speak from the Port of New Orleans, one of the nation’s largest ports, where he will reiterate his call to invest in rebuilding America’s infrastructure, including strategic ports along the Mississippi River such as the Port of New Orleans, which support U.S. commerce and trade.
CAI Applauds Proposed Mortgage Financing Rules
WASHINGTON, D.C. - November 8, 2013 - (RealEstateRama) --Community Associations Institute (CAI) is expressing support for proposed federal rules that accomplish two important CAI goals: helping more homebuyers obtain safe mortgage financing and stimulating a housing market that has struggled since home prices began falling in late 2006. Both will provide more stability to community associations across the country.
Realtors® Rise to New Heights to Tackle Real Estate Issues
SAN FRANCISCO - November 8, 2013 - (RealEstateRama) -- Home prices are rising and foreclosures and short sales are falling, all signs that housing markets are on their way to recovery. However, uncertainties and market challenges remain for the nation’s residential and commercial real estate markets, and Realtors® are committed to addressing those challenges as they gather Nov. 8-11 in San Francisco for the
NAR Launches Priority Registration List for New .Realtor Top-Level Domain
SAN FRANCISCO - November 8, 2013 - (RealEstateRama) -- During the 2013 REALTORS® Conference & Expo in San Francisco today, the National Association of Realtors® launched a member awareness campaign and priority registration for the .Realtor top-level domain, as an alternative to the familiar and commonly used .com or .org domains.
JOHNSON STATEMENT ON THE NEED FOR AFFORDABLE HOUSING OPTIONS
WASHINGTON - November 8, 2013 - (RealEstateRama) -- Today, Senate Banking Committee Chairman Tim Johnson (D-SD) held a hearing titled “Housing Finance Reform: Essential Elements to Provide Affordable Options for Housing.”
Realtors® Celebrate 100 Years of Professionalism in Real Estate
SAN FRANCISCO - November 8, 2013 - (RealEstateRama) -- This year the National Association of Realtors® celebrates the 100th anniversary of the Realtors® Code of Ethics. The code spells out the professional responsibilities and expectations of NAR's 1 million Realtor® members to their clients, customers, fellow Realtors® and the general public.
A New Generation of Apartment Amenities: Car and Bike Sharing, Community Farms, and More
TYSONS, VA - November 8, 2013 - (RealEstateRama) -- According to Rohit Anand, AIA, NCARB and managing principal in the Tyson, Va. office of the award-winning national firm, KTGY Group, Inc., Architecture + Planning, from car and bike sharing services, to community kitchens and farms, the list of amenities that residents most desire has changed. "Understanding the wants and needs of your primary target market is critical to success. Going the extra mile to provide amenities that are unique to the marketplace will give you a real marketing advantage in the process," said Anand
iHomefinder Announces New WordPress IDX Client Donna Clement
Berkeley, CA - November 7, 2013 - (RealEstateRama) -- iHomefinder is pleased to announce that Donna Clement of the Clement Home Team has become a new WordPress IDX client. Donna represents buyers looking for pre-owned and new homes. She believes that buying and selling real estate is about meeting her clients' needs. Her real estate practice is focused on serving the North and North Central San Antonio, Comal County, Bulverde and Spring Branch areas. Donna’s commitment to meeting and exceeding client expectations led her to select WordPress IDX from iHomefinder.
#2 Latest Government and Public Real Estate News
WASHINGTON, D.C. - November 7, 2013 - (RealEstateRama) -- I’ve been asked a lot lately about the Mortgage Forgiveness Debt Relief Act which is due to expire December 31, 2013. This act provides homeowners with cancellation of debt, huge tax relief.
USAA Real Estate Co. and Cambridge Development Breaking Ground on New Multi-Family Development
San Antonio, TX - November 7, 2013 - (RealEstateRama) -- In a joint venture agreement, Cambridge Development and USAA Real Estate Co. broke ground on a 331-unit urban-style apartment project at 1100 South Blvd in Charlotte, NC. Other team members collaborating on the project include Dallas-based architect, Humphrey and Partners and general contractor, Capstone Building Company of Birmingham. SunTrust is providing construction financing on the project. The first units are expected to be delivered beginning November of 2014.
Federal Backstop Essential Element of Housing Finance Reform, NAHB Tells Congress
WASHINGTON, D.C. - November 7, 2013 - (RealEstateRama) -- The National Association of Home Builders (NAHB) told Congress today that an effective housing finance reform plan must include a federal backstop to ensure that 30-year, fixed-rate mortgages and reliable mortgage financing for multifamily housing remain readily available and affordable.
Builder Confidence in the 55+ Housing Market Continues to Improve in Third Quarter
WASHINGTON, D.C. - November 7, 2013 - (RealEstateRama) -- Builder confidence in the 55+ housing market showed continued improvement in the third quarter of 2013 compared to the same period a year ago, according to the National Association of Home Builders’ (NAHB) latest 55+ Housing Market Index (HMI) released today. All segments of the market—single-family homes, condominiums and multifamily rental—registered strong increases. The single-family index increased 14 points to a level of 50, which is the highest third-quarter number since the inception of the index in 2008 and the eighth consecutive quarter of year over year improvements
Carter’s Scott Cloud Named One of Real Estate Forum’s “45 Under 40”
ATLANTA - November 7, 2013 - (RealEstateRama) -- Carter, one of the country’s leading real estate investment, development and advisory firms, is pleased to announce that Scott Cloud, senior vice president, has been named one of Real Estate Forum Magazine’s “45 Under 40.”
Federal Court in North Carolina Rules in MERS Favor
Reston, Virginia, - November 7, 2013 - (RealEstateRama) -- MERSCORP Holdings, Inc. today announced that United States District Court for the Eastern District of North Carolina found in favor of Mortgage Electronic Registration Systems, Inc. (“MERS”), JP Morgan Chase Bank, and other MERS® System members.
CBRE ASSIGNED TO LEASE LAKESHORE BUSINESS CENTER
Fort Lauderdale, FL - November 7, 2013 - (RealEstateRama) -- CBRE has been selected by property owner NTS Realty Holdings as the exclusive leasing agent for Lakeshore Business Center, a four-building, 239,540-square-foot Class B office/flex campus located within the Fort Lauderdale Commerce Center in Fort Lauderdale, Florida. The property is currently 73% occupied. Tenants include ECI Telecommunications, Embry Riddle Aeronautical University, Evolis, Inc., John Kirlin, Inc., and Reynolds, Smith & Hills.
Dale Carnegie Partners With NAAEI for Leadership Training
ARLINGTON, Va. - November 7, 2013 - (RealEstateRama) -- Dale Carnegie Training, the international leader in performance improvement and corporate training has partnered with the National Apartment Association Education Institute (NAAEI) for the first NAAEI Leadership Experience: Powered by Dale Carnegie Training, which will take place in Atlanta, Nov. 19-21.
#1 Latest Government and Public Real Estate News
Wherever you may stand on the climate change debate (cue the angry comments!), it’s undeniable that Mother Nature has grown a bit unpredictable in exacting her revenge for hairspray and Styrofoam. Superstorms in New Jersey. Mudslides in Colorado. Cyclones in India. But while we may not know where the next natural disaster is going to hit, one House Republican is doing his best to encourage people to be prepared