Friday, November 1, 2024
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USDOJ

Texas Construction Company’s Owner and CEO Sentenced to Prison for Defrauding the State Department

The owner, chief executive officer, and former president of a Texas construction company, HERC Solutions, was sentenced to 18 months in prison today for defrauding the U.S. Department of State out of $1.37 million. Acting Assistant Attorney General John P. Cronan of the Justice Department’s Criminal Division, U.S. Attorney G. Zachary Terwilliger of the Eastern District of Virginia
Congresswoman Eleanor Holmes Norton

Norton Files Amendments to Strike All Anti-Home-Rule Riders from D.C. Appropriations Bill

Congresswoman Eleanor Holmes Norton (D-DC) today filed amendments to strike all five anti-home-rule riders from the House’s fiscal year 2019 District of Columbia Appropriations bill, which is expected to be considered on the floor next week.
MBA

Mortgage Credit Availability Increased in June

Mortgage credit availability increased in June according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool
ULI

Real Estate Industry Leaders Named to the Urban Land Institute’s Americas Executive Committee

Five real estate industry leaders have joined the Americas Executive Committee of the Urban Land Institute (ULI), a global real estate organization with more than 40,000 members in the Americas, Europe and Asia Pacific regions who are dedicated to responsible land use and creating thriving communities.
Appraisal Institute

Appraisers Play Distinct Roles in Arbitration: The Appraisal Journal

Alternative dispute resolution – including negotiation, mediation and arbitration – is a growing area in need of skilled real estate valuation professionals, according to a study published this week in The Appraisal Journal.
Krispy Kreme Restaurant Property

The Boulder Group Arranges Sale of Single Tenant Krispy Kreme Restaurant Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Krispy Kreme located at 2700 E Beltline Ave SE in Grand Rapids, Michigan for $1,600,000. The Krispy Kreme property is well located in a dominant retail corridor featuring two premium malls and many national retailers.
National Real Estate Investor

The Net Lease Retail Market Is Showing a Shift, with Higher Cap Rates and...

The average retail cap rate for net lease properties during the second quarter of 2018 reached 6.2 percent, an increase of 10 basis points from first quarter, according to Second Quarter National Net Lease Report from the Boulder Group, a national net lease commercial real estate.
MBA

EscrowTab Receives MISMO® Software Certification for Paperless Signing Technology

MISMO is pleased to announce that EscrowTab, Inc., a provider of paperless closing technology, has received MISMO certification for their EscrowTab software product. EscrowTab achieved Premiere Level Certification, which is the highest level certification available by MISMO.
ULI

Urban Land Institute Leader Douglas D. Abbey Named Chairman of the ULI Foundation

Longtime Urban Land Institute (ULI) leader and acclaimed real estate expert Douglas D. Abbey, Chairman of Swift Real Estate Partners in San Francisco, has been named chairman of the ULI Foundation. Abbey, whose membership with ULI spans 37 years, began his term as Foundation Chairman on July 1, 2018.
Popeyes_Greenville

Hanley Investment Group Completes Sale of Single-Tenant NNN Popeyes in Greenville, NC for $777...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, has completed the sale of a freestanding, 2,574-square-foot, single-tenant retail property that is occupied by Popeyes Louisiana Kitchen at 649 S. Memorial Drive (Highway 13) in Greenville, North Carolina.
MBA

Single-Tenant Net Lease Cap Rates Diverge

Single-tenant net lease property cap rate changes varied significantly by sector in the second quarter, new reports said. Retail sector single-tenant net lease cap rates increased 10 basis points during the quarter, representing the sector's largest cap rate
ULI

ULI Welcomes World-Renowned Industry Leaders as Members of the Global Board of Directors and...

The Urban Land Institute (ULI), a global, multidisciplinary real estate organization, added world-renowned industry leaders to its Global Board of Directors and Governing Trustees. ULI’s mission, advanced by more than 40,000 members, is to provide leadership in the responsible use of land and in creating and sustaining thriving communities worldwide

New Report: Chicago Aldermen Wield Unchecked Power to Systemically Block Affordable Housing

In a decades-long practice that has systemically preserved racial segregation across Chicago communities, aldermen calculatingly use their aldermanic prerogative to block affordable housing developments, according to a new report released today by the Chicago Area Fair Housing Alliance and the Sargent Shriver National Center on Poverty Law
MBA

RIHA Releases New Report: Quantified Parking – Comprehensive Parking Inventories for Five Major U.S....

The Mortgage Bankers Association's Research Institute for Housing America (RIHA) today released a new report, Quantified Parking: Comprehensive Parking Inventories for Five Major U.S. Cities, authored by Eric Scharnhorst, Principal Data Scientist at Parkingmill.
SEIA

Conti Solar Advances Its National EPC Solar Services

Conti Solar, a national solar engineering, procurement and construction (EPC), O&M and energy storage development company, announced today it is expanding its regional staff to support its growing operation west of the Mississippi. The company currently has over 84 MW of solar projects in various stages of construction in California, Minnesota
Teamsters

Western Washington Teamsters Reject AGC Offer

Construction industry Teamsters working under the Western Washington Associated General Contractors (AGC) contract rejected their contract offer by a wide margin this weekend. They are seeking fair compensation, benefits and treatment on the job.
NAHB

Statement from NAHB Chairman Randy Noel in Support of Judge Brett Kavanaugh to the...

Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued the following statement of support for Judge Brett Kavanaugh to be the next Associate Justice to the U.S. Supreme Court
Edina Emma

Edina Realty Launches “Emma Marketing” Automation for Agents

At its annual agent technology camp, Edina Realty, the largest residential brokerage serving Minnesota and western Wisconsin, announced the launch of marketing automation for its agents. This innovative service, powered by Imprev, automatically creates branded marketing content for agents throughout the life of Edina Realty’s listings
homesnap

Homesnap Delivers One Million Free Leads for Agents

Homesnap, the industry-endorsed national home search platform, today announced that it has sent over one million free leads to listing and buyers agents. These leads are shared by Homesnap to help real estate agents build their brand and connect with potential clients.
FTC

FTC Wins $5.2 Million Judgment against Defendants Who Tricked Consumers with Ads for Non-existent...

A federal judge has ordered Credit Bureau Center, LLC and its owner, Michael Brown, to pay more than $5.2 million to return to consumers, to resolve FTC charges that they deceived people with fake rental property ads and deceptive promises of “free” credit reports, and then tricked them into enrolling into a costly monthly credit monitoring service.

U.S. National


NAHB

New Home Sales Rise in September as Mortgage Rates Ease

National
Home buyers moved off the sidelines in September following the Federal Reserve’s recent move to cut interest rates for the first time in four years. Sales of newly built, single-family homes in
EPA

EPA Updates Ventilation Guidance to Prevent the Spread of Respiratory Viruses at Home, School,...

National
The U.S. Environmental Protection Agency has released updated guidance on indoor air quality strategies for preventing the spread

How Governor Tim Walz’s State Public Pension Fund Colludes with the Climate Cartel to...

National
The House Judiciary Committee released an interim report titled, "How Governor Tim Walz’s State Public Pension Fund Colludes with the Climate Cartel to Raise Energy Costs for American Consumers."
ASE

Alliance to Save Energy Supports Stronger Energy Efficiency Standards for Federally-Backed Homes

National
The Alliance to Save Energy (ASE) is proud to support the initiative led by U.S. Senators Chris Van Hollen, Jeanne Shaheen
TonyPistilli 2024 headshot

ClearValue Consulting and Restb.ai Join Forces to Revolutionize Appraisal Review with Advanced AI Integration

National
ClearValue Consulting, a leading provider of innovative solutions in the valuation industry, today announced a strategic partnership

Foushee, Ross Call for Greater Accountability in Housing Amid Concerns Over Wall Street Influence

National
Congresswomen Valerie Foushee (NC-04) and Deborah Ross (NC-02) sent a letter urging the Federal Housing Finance Agency (FHFA) and Consumer Financial Protection Bureau (CFPB) to examine the impact of institutional investment on the housing sector, and whether investors are taking advantage of federal affordable housing programs at the expense of homeowners and renters.

Senior Home Equity Hits $14 Trillion in Q2

National
Homeowners 62 and older saw their housing wealth increase by $600 billion in the second quarter to $14 trillion, according to the latest quarterly release of the NRMLA/RiskSpan Reverse Mortgage Market Index.
NAR

Pending Home Sales Advanced 7.4% in September

National
Pending home sales rose in September, according to the National Association of REALTORS®. All four major regions experienced month-over-month gains in transactions. Year-over-year, the
Congressman Steve Cohen

Congressman Cohen Announces $8.6 Million Grant to Vanderbilt University Intermodal Mobility Consortium

National
Congressman Steve Cohen (TN-9), a senior member of the Committee on Transportation and Infrastructure, today

NEW YORK STATE ANNOUNCES EXPANSION OF ‘SAFE OPTIONS SUPPORT’ PROGRAM TO THE SOUTHERN TIER

National
The New York State Office of Mental Health today announced the successful launch of a new Safe Options Support or ‘SOS’ team to help bring stability to individuals who are experiencing chronic homelessness in two rural counties in the Southern Tier.

What Are the Benefits of Selling a House Without Renovating?

National
When you’re ready to sell a property, one of the biggest questions facing homeowners is whether to invest time and money in renovations or list the property as-is. With a rising trend of buyers, particularly real estate investors, preferring properties with potential over perfectly polished, move-in-ready homes, the idea of selling without extensive repairs has gained traction.
Congressman John Larson

Larson, Blumenthal Announce $1 Million for Veterans’ Affordable Housing and Services in Winsted

National
Rep. John B. Larson (CT-01) and Senator Richard Blumenthal announced $1 million in federal funding for the Winsted Health
USDOJ

Biden-Harris Administration Invests in Clean, More Affordable Energy for Seven Rural Electric Cooperatives from...

National
Agriculture Secretary Tom Vilsack announced more than $3 billion through the United States Department of Agriculture’s (USDA)
MBA

MBA Forecast: Mortgage Originations to Increase 28 percent to $2.3 Trillion in 2025

National
The Mortgage Bankers Association (MBA) today announced at its 2024 Annual Convention & Expo that total mortgage origination volume is expected to increase to $2.3 trillion in 2025 from the $1.79
U.S. Department of the Treasury

U.S. Department of the Treasury Releases Final Rules to Onshore Clean Energy Technologies, Strengthen...

National
Advanced Manufacturing Production Credit has contributed to more than $126 billion in clean energy manufacturing investment

New LSC Report Shows Increase in Housing Cases, Number of Low-Income Americans Helped by...

National
The Legal Services Corporation (LSC) has released “By the Numbers: The Data Underlying Legal Aid Programs.” The report provides an overview of the work of LSC-funded legal services organizations on behalf of low-income Americans seeking civil legal assistance.
FEMA

Work with FEMA to Help Tennessee Recover from Helene

National
FEMA is hiring! Join the team that helps people in need before, during and after disasters. FEMA is seeking liaisons, site inspectors, environmental specialists, geospatial information
Revive at RISE-captioned

Revive AI Showcased at Real Brokerage’s Sold-Out RISE 2024, Highlighting Industry-First Innovations

National
Revive Real Estate, a leader in presale renovations, joined Real Brokerage Inc. (NASDAQ: REAX) at Real’s sold-out RISE 2024
HUD - U.S. Department of Housing and Urban Development

HUD Invests $750,000 to Modernize Rental Homes for Waldorf, Maryland Families

National
The U.S. Department of Housing and Urban Development’s (HUD) announced the closing of a $750,000 transaction to help finance energy efficiency and climate resilience improvements for

The Basics of Investing in Real Estate

National
Getting started with real estate investment doesn't have to be complicated or stressful, but knowing how to do it right is essential. If you're unsure where to begin or don't know who to talk to, you're definitely not alone. You may also get conflicting information, and not every investor wants to share their secrets with you.

U.S. States


FEMA

President Donald J. Trump Approves Emergency Disaster Declaration for Texas

Texas
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
FEMA

FEMA Fire Management Assistance Granted for the Numbers Fire

California
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.
Start An LLC In Texas

How Much Does It Cost To Start An LLC In Texas?

National
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
Registered Agent In Texas

5 Benefits Of Using A Registered Agent In Texas

Texas
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 

Avoid TV Tip-Over Incidents During Super Bowl LIV with Safety Tips

New York
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.
Starbucks_Fresno

Brand-New Single-Tenant Starbucks Drive-Thru Trades in Fresno, Calif. for $1,345 PSF

California
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
FEMA

Rosenberg family home for the holidays – and prepared for future hurricanes

Texas
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.

5 Cities in Florida: Which One Makes for the Best Real Estate Investment Opportunity...

Florida
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.

WALTER J. MAHONEY STATE OFFICE BUILDING TO BE SOLD

New York
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
SCR

Charleston South Carolina expected to outpace national real estate market averages through 2025

National
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
Peter Evering

WHAT IS THE EVICTION PROCESS IN CALIFORNIA?

California
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.
FEMA

FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

Texas
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
ABC National

Florida Tops ABC’s Annual Merit Shop Scorecard State Ranking for Second Year in a...

Florida
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
Top 4 Places to Buy a Second Home

Top 4 Places to Buy a Second Home in the US

National
There are about 7.4 million homes owned as a second home in the United States. For many people, their second home is a vacation home. This gives them a chance to get away and break routine while also having all of the comforts of being in their own home.
Carol Corden cuts the ribbon

Ribbon Cutting Celebrating New Affordable Apartments in the Bronx for Low-Income Families and Domestic...

New York
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
HUD - U.S. Department of Housing and Urban Development

HUD AWARDS $1.5 MILLION TO PUBLIC HOUSING AUTHORITIES TO ASSIST YOUNG PEOPLE AGING OUT...

National
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

BLM NAMES VETERAN LAND MANAGER TO LEAD CALIFORNIA STATE OFFICE

California
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
USDOJ

California Real Estate Developer Convicted of Making Conduit Contributions in Two U.S. Congressional Campaigns

California
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

NYS OASAS ANNOUNCES OPENING OF NEW RECOVERY CENTER IN NEW YORK CITY

New York
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.

Robust U.S economy not a boost for black homeownership

National
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

Popular


AGC

SIXTY PERCENT OF FIRMS WORKING ON HIGHWAY UPGRADES EXPERIENCED CARS CRASHING INTO THEIR WORK...

National
Annual Survey by HCSS and Associated General Contractors of America Finds Drivers and Passengers are at Greater Risk of Injury and Death in Work Zone Crashes As Officials Urge Drivers
NAHB

New Home Sales Decline in May

National
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.
DOI

$17+ Million in Grants Will Help States, Local Communities Keep Waters Clean, Economies Thriving

National
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.
FEMA

Port Aransas ready for return of summer tourism

Texas
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 - Eight Major Awards

OJO Labs: Five Months, Eight Major Awards

National
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
Property on Airbnb

Should I Rent Out my Property on Airbnb?

National
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.
Rockefeller Foundation

The Rockefeller Foundation Launches $5.5 Million Opportunity Zone Community Capacity Building Initiative for Select...

National
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
PaulineWeaver

Eden Housing and City of Fremont Celebrate Grand Opening of KTGY-Designed Affordable Senior Housing...

National
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.
VA

VA’s Home Loan Guaranty program notifies Veterans of potential loan fee waivers

National
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.
Merri Jo Cowen - headshot

A Stellar Idea: My Florida Regional MLS Reimagines the Multiple Listing Service

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
HUD - U.S. Department of Housing and Urban Development

NATIONAL ASSOCIATION OF HOME BUILDERS TO CO-HOST HUD INNOVATIVE HOUSING SHOWCASE

National
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

Department of the Interior: Yakima Water Plan Is a “Model” and “Holistic”

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.”

Energy Costs to Cook Thanksgiving Meal Up to 25% Lower in 2015

“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

Department Enters into Consent Order with Equity Loans, LLC and its owners Eduardo Gutierrez...

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

Business Real Estate Press Releases

Recent Gov & Nonprofit Real Estate Press Releases

NAHB

New Home Sales Rise in September as Mortgage Rates Ease

Home buyers moved off the sidelines in September following the Federal Reserve’s recent move to cut interest rates for the first time in four years. Sales of newly built, single-family homes in