Yearly Archives: 2013

New York, NY - November 6, 2013 - (RealEstateRama) -- JMC Holdings LLC has purchased 40-07 73rd Street, a newly-built residential and retail property located in Jackson Heights, Queens, for $20 million from, the developer, Vig Properties. JMC Holdings has re-launched the property as The Roosevelt, a high-end rental building featuring 31, one, two- and three-bedroom apartments, a 6,930-square-foot ground-floor retail space and two levels of below-grade parking. The firm has retained Citi Habitats to oversee residential leasing at The Roosevelt and SRS Real Estate Partners to market the property’s retail space.

WASHINGTON - November 6, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that MortgageIT, Inc., an indirect subsidiary of Deutsche Bank, has agreed to pay $12.1 million under a Conciliation Agreement with HUD resolving allegations that the residential lender discriminated against African American and Hispanic borrowers seeking mortgage loans. HUD had alleged that the lender’s practices contributed to minority borrowers being charged higher Annual Percentage Rates (APRs) and fees than similarly-situated white borrowers, and denied minority applicants loans more often than similarly-situated white applicants.

WASHINGTON, D.C. - November 6, 2013 - (RealEstateRama) -- The Energy Systems Integration Facility (ESIF) on the campus of the U.S. Department of Energy's National Renewable Energy Laboratory (NREL) in Golden, Colo., has earned a LEED® Platinum designation for new construction from the U.S. Green Building Council (USGBC), a non-profit organization dedicated to sustainable building design and construction.

CHICAGO - November 6, 2013 - (RealEstateRama) -- Seventeen grants totaling $250,000 have been awarded to Urban Land Institute (ULI) district and national councils through ULI’s Urban Innovation Grant program. The recipients were announced today at ULI’s Fall Meeting in Chicago

WASHINGTON - November 6, 2013 - (RealEstateRama) -- The majority of metropolitan areas in the third quarter experienced robust year-over-year price gains, with the national median price showing the strongest annual growth in nearly eight years, according to the latest quarterly report by the National Association of Realtors®.

Washington, D.C. - November 6, 2013 - (RealEstateRama) -- The jury for the American Institute of Architects (AIA) Upjohn Research Initiative, a joint program of the College of Fellows and the Board Knowledge Committee to support knowledge sharing between practitioners and academicians, has announced the five projects selected to receive grants.

WASHINGTON - November 6, 2013 - (RealEstateRama) -- As part of the Obama Administration’s efforts to ensure America’s continued leadership in clean energy and double renewable electricity generation once again by 2020, the Energy Department today announced eight teams to spur solar power deployment by cutting red tape for residential and small commercial rooftop solar systems. As part of the Department’s Rooftop Solar Challenge, these teams will receive about $12 million– matched by over $4 million in outside funding – to streamline and standardize solar permitting, zoning, metering and connection processes for communities across the country.

WASHINGTON, D.C. - November 6, 2013 - (RealEstateRama) -- DHCD has opened the public comment period on its draft Analysis of Impediments to Fair Housing ("AI"). As detailed in the public hearing notice, DHCD has posted the full Analysis, an Executive Summary and additional materials on its Fair Housing and Civl Rights webpage. DHCD will hold the following public hearings and will accept written comments on this Draft AI until December 3, 2013, prior to finalizing the AI

IRVINE, CA - November 6, 2013 - (RealEstateRama) -- Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the western United States and a market leader in the sale of retail properties, announced today the sale of a single-tenant AutoZone in Palm Springs, Calif. The buyer, a private investor from Irvine, Calif., was represented by Patrick G. Kent of Hanley Investment Group. The seller, a real estate investment company based in Yorba Linda, Calif., was represented by Hanley Investment Group's Eric P. Wohl. The purchase price was $2,335,000.

MILL VALLEY, CA - November 5, 2013 - (RealEstateRama) -- Thompson | Dorfman Partners, LLC, a developer, owner and manager of multifamily real estate, announced today that Laurence Pelosi has joined TDP | Bay Area Partners, LLC, a Thompson | Dorfman company, as a partner. Pelosi will leverage his 15 years of experience to expand the firm's capital market activities and new development opportunities in major markets located in high-growth, technology-driven markets in California.

Houston, TX - November 5, 2013 - (RealEstateRama) -- Rebuilding Together, a national nonprofit, and its Houston affiliate are teaming up with Lowe’s and Carter’s Kids to provide critical home repairs to four homes, build a playground and make improvements to an elementary school and a community center in the Magnolia Park neighborhood in Houston

Williston, Vermont - November 5, 2013 - (RealEstateRama) -- Home Builders and Remodelers Association of Northern Vermont (HBRANV), is pleased to announce our Better Homes Award (BHA) Event happening this year on November 7, 2013 at the ECHO Lake Aquarium and Science Center Leahy Center for Lake Champlain from 7 PM – 9 PM and this will be open to the public to attend this year. We are honored to announce that Governor Peter Shumlin will be joining us at the event and will say a few words

WASHINGTON, D.C. - November 5, 2013 - (RealEstateRama) -- Today, a statewide Task Force, chaired by the Governor’s Office for Children, publicly released its Report and Recommendations on Housing and Supportive Services for Unaccompanied Homeless Youth, the first of its kind in Maryland. This Report is available here.

WASHINGTON - November 5, 2013 - (RealEstateRama) -- In an effort to improve the homeownership and financial planning outcomes of active duty service members and veterans, NeighborWorks America CEO Eileen Fitzgerald today called upon nonprofit housing counselors and nonprofit financial capability coaches to increase their outreach and other marketing efforts to those who have chosen to serve their country in the armed forces.

Washington, DC - November 5, 2013 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) announced today that it has directed Fannie Mae and...

HIGHLANDS, N.J. - November 5, 2013 - (RealEstateRama) -- For the Highlands Veterans of Foreign Wars Post 6902, the impact of Superstorm Sandy still lingers more than a year later. The post’s hall, located at 331 Bay Ave., sustained severe flood damage from the storm and continues to recover

November 4 - November 5, 2013 - (RealEstateRama) -- received national attention last week when it was honored with an Excellence during the National Council of State Housing Agencies (NCSHA) Conference & Showplace in New Orleans, LA. This year’s conference was attended by more than 900 affordable housing industry professionals.

NEW ORLEANS, LA - November 5, 2013 - (RealEstateRama) -- 365 Connect, the New Orleans-based, award-winning online technology platform provider for the multifamily industry, announced today its participation at the National Multi Housing Council Multifamily Business Operations and Technology Conference and Exposition (NMHC OpTech Conference). The conference will be taking place from November 11 – November 13, 2013, in Dallas, Texas

WASHINGTON - November 4, 2013 - (RealEstateRama) -- The U.S. General Services Administration (GSA) announced today that it issued a Request for Information online to gather input on innovative, transformational green building technologies in support of its Green Proving Ground program. The program is seeking information from industry, commercial organizations, educational institutions, and non-profit organizations on technologies that have the potential to improve economic and environmental performance in federal buildings.

WASHINGTON, D.C. - November 4, 2013 - (RealEstateRama) -- Shanna L. Smith, President and CEO of the National Fair Housing Alliance, issued the following statement urging the Senate to hold an up or down vote for U.S. Representative Mel Watt to lead the Federal Housing Finance Agency