Yearly Archives: 2014

WASHINGTON, D.C. - December 16, 2014 - (RealEstateRama) -- The American Institute of Architects (AIA), along with the AIA Foundation and the Association of Collegiate Schools of Architecture (ACSA), today named 11 architecture schools and schools of public health as the charter members of the AIA Design & Health Research Consortium, which will help fund basic research on how design affects public health.

WASHINGTON, D.C. - December 16, 2014 - (RealEstateRama) -- The American Institute of Architects (AIA) today praised Congressional passage of the National Defense Authorization Act (NDAA).

WASHINGTON, D.C. - December 16, 2014 - (RealEstateRama) --Dekker/Perich/Sabatini (D/P/S) saw the office build-out of the future as an opportunity to rejuvenate an aging 1980s-era office building in an up-and-coming urban location in Albuquerque, New Mexico, and transform it into a vibrant microcommunity and mixed-use Class A office building.

Deerfield Beach, FL December 16, 2014 - (RealEstateRama) -- CBRE arranged the sale and financing of Quorum Business Center, a best-in-class 408,000-square-foot distribution and office portfolio located just south of Boca Raton in the Deerfield Beach submarket of Fort Lauderdale. Quorum Business Center, which is strategically located at the intersection of SW 10th Street and Military Trail and just west of Interstate 95, was acquired for $51 million, by Ivy Realty of Greenwich, Connecticut, from KTR Capital Partners of New York, New York. Quorum was 87% occupied at the time of acquisition

WASHINGTON, D.C. - December 16, 2014 - (RealEstateRama) -- A Florida-based scammer will be banned from the mortgage modification business as part of a settlement resolving Federal Trade Commission charges that he tricked financially strapped consumers into paying for mortgage-relief services that he never provided

COLUMBIA, S.C. - December 16, 2014 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its November 2014 statewide housing market reports.

NORTH HOLLYWOOD, CA - December 16, 2014 - (RealEstateRama) -- Christopher Arvizu, Vice President with NAI Capital’s Orange County office represented the seller, SOCAL MACAPITAL, LLC, in the sale of a 12-unit multifamily property located at 6648-6650 Lemp Avenue in North Hollywood, CA to the buyer, Duck and Cover Productions

WEST COVINA, CALIF. - December 15, 2014 - (RealEstateRama) -- CBRE Senior Vice President Philip D. Voorhees announced today that he and the National Retail Investment Group – West (NRIG-West) team completed the sale of South Hills Plaza, a 120,589-square-foot community shopping center in the city of West Covina, CA. South Hills Plaza is anchored by Marukai Market and 24 Hour Fitness, along with national brand names and regional favorites including Taco Bell, Subway, USPS, and Charter Communication. The sale price was $20,695,000, representing a 6.8% cap rate

WASHINGTON, D.C. - December 15, 2014 - (RealEstateRama) -- Congressman John K. Delaney (MD-6) has filed legislation, the Infrastructure and Global Tax Competitiveness Act, to strengthen America’s economy by rebuilding the nation’s infrastructure and reforming the broken corporate tax code. The legislation is designed to create jobs, spur economic growth, improve quality of life, and discourage corporate inversions

WASHINGTON, D.C. - December 15, 2014 - (RealEstateRama) -- A new law which becomes effective January 1, 2015, impacts real estate brokers and salespersons, and real estate education sponsors by removing continuing education preapproval and reporting requirements. Gov. Rick Snyder signed Senate Bill 641 into law on April 7, 2014, which became Public Act 106 of 2014

WASHINGTON, D.C. - December 15, 2014 - (RealEstateRama) -- I want to thank Mayor [Rahm] Emanuel and Police Superintendent Garry McCarthy for welcoming me to this great city, as well as our outstanding U.S. Attorney for the Northern District of Illinois, Zach Fardon, for his help in pulling together this important meeting

WASHINGTON, D.C. - December 15, 2014 - (RealEstateRama) -- Today, in response to the announcement by the Federal Housing Finance Agency (FHFA) that it would begin setting aside and allocating funds to the National Housing Trust Fund and Capital Magnet Fund, the National Community Reinvestment Coalition (NCRC)’s President and CEO John Taylor made the following statement

WASHINGTON, D.C. - December 15, 2014 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) recently announced the second round of housing assistance to help 1,984 homeless veterans find permanent supportive housing. The rental assistance announced today is provided through the HUD-Veterans Affairs Supportive Housing (HUD-VASH) Program which combines rental assistance from HUD with case management and clinical services provided by VA. Last October, the two agencies awarded $62 million in HUD-VASH vouchers to assist more than 9,000 homeless veterans.

WASHINGTON, D.C. - December 15, 2014 - (RealEstateRama) -- In accordance with the Stewart B. McKinney Homeless Assistance Act, HUD published a Notice in the Dec. 12, 2014, Federal Register identifying Federal buildings and other real property HUD has reviewed for suitability for use to assist the homeless. The properties were reviewed using information provided to HUD by Federal landholding agencies or by GSA regarding their inventories of excess or surplus property. The list includes buildings and properties in Kentucky and Wisconsin

ATLANTA - December 15, 2014 - (RealEstateRama) -- U.S. Environmental Protection Agency (EPA) Administrator Gina McCarthy is visiting Durham, N.C. today for the agency’s Energy Efficiency Action Week and touring a new Energy Star-certified Habitat for Humanity home, in the North East Central neighborhood, that includes energy-efficient features that will save homeowners money on their utility bills. Administrator McCarthy will meet with the new homeowner and be joined by Congressman G. K. Butterfield, Durham Mayor Bill Bell, Habitat for Humanity International Vice President for the U.S. and Canada Sue Henderson, and representatives from Advanced Energy, Southern Energy Management and Habitat for Humanity Durha

WASHINGTON, D.C. - December 15, 2014 - (RealEstateRama) -- The National Association of Home Builders (NAHB) applauds Congress for authorizing the ICC 700 National Green Building Standard (NGBS) for all military residential construction, which represents 16 percent of the federal real estate portfolio. Passed today by the Senate, and last week by the House, the National Defense Authorization Act (NDAA) will provide affordable choices in meeting military energy and water reduction goals.

WASHINGTON, D.C. - December 15, 2014 - (RealEstateRama) -- Following a four-point uptick last month, builder confidence in the market for newly built single-family homes fell one point in December to a level of 57 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today

WASHINGTON, - December 12, 2014 - (RealEstateRama) -- Sen. Bernie Sanders (I-Vt.), a national leader in efforts to increase affordable housing, welcomed a move today that could free up hundreds of millions of dollars to expand affordable rental housing nationwide

LANSING - December 12, 2014 - (RealEstateRama) -- The Michigan Senate unanimously passed Senate Bill 295 today, legislation sponsored by Senate Minority Floor Leader Tupac A. Hunter (D-Detroit) that is designed to improve neighborhoods and reduce blight by banning certain landowners with delinquent blight fines from bidding in county tax foreclosure auctions.

WASHINGTON, D.C. - December 12, 2014 - (RealEstateRama) -- Today, Congresswoman Jackie Walorski (IN-02), member of the House Veterans’ Affairs Committee, questioned Department of Veterans Affairs (VA) officials during a hearing on veteran’s homelessness regarding a report released last week that found a hotline established to help homeless veterans missed thousands of opportunities to provide assistance