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Investing

CBRE BRINGS ‘RETAIL SCIENCE’ TO 2015 ICSC FLORIDA CONFERENCE

CBRE returns to the annual International Council of Shopping Centers (ICSC) Florida Conference this year with a new booth and a fresh perspective on Florida retail. CBRE’s innovative “Retail Science” market strategy features industry-leading rese…

Prestonsburg-Area Seniors Invited to Free Fraud Prevention Event

Area seniors are invited to Senior Scam Jam, a free workshop in Prestonsburg to learn how to protect themselves from financial fraud and scams. The event is being held from 9 a.m. – 2 p.m. Thursday, Aug. 20. Registered participants will be provided …

AMERICAN REALTY ADVISORS SELLS THREE-BUILDING OFFICE COMPLEX IN PRIME BOSTON SUBMARKET

American Realty Advisors announced the sale of an office complex comprising 294,663 square feet located in Waltham, Massachusetts. The property, which was sold to a strategic buyer for an undisclosed amount, consists of three buildings that are situate…

CapasGroup Bolsters Brokerage Team with addition of Financial & Marketing Associate

CapasGroup Realty Advisors, an investment sales organization specializing in the marketing and disposition of investment properties, is pleased to announce the hiring of Elias “Eli” Polsky as Financial and Marketing Associate. The expansion of the …

SCHUMER: PROPOSED SENATE BUDGET BILL WOULD DECIMATE FUNDING FOR KEY HOUSING PROGRAM THAT PROVIDES AFFORDABLE HOUSING, FIRST-TIME HOMEBUYER ASSISTANCE AND MORE; STANDING WITH COMMUNITY LEADERS AND RESIDENTS, SENATOR VOWS TO FIGHT TOOTH & NAIL AGAINST FED FUNDING CUTS

Current Senate Bill Slashes HOME Investment Partnerships Program (HOME) Funding By More Than 90% From Fiscal Year 2015 Levels – Effectively Decimating Critical Funding Streams For Capital Region

BH Properties Closes More Than $120 million in Acquisitions in the Second Quarter of 2015

BH Properties, LLC, a Los Angeles-based firm that specializes in acquiring and repositioning challenged or distressed commercial real estate properties, closed more than $120 million in acquisitions during the second quarter of 2015. These transactions…

REP. NAPOLITANO ATTENDS ROSE HILLS RECYCLED WATER PROJECT GROUNDBREAKING CEREMONY

Rep. Napolitano (D-El Monte) attended the groundbreaking ceremony for the final phase of the Recycled Water Project at Rose Hills Memorial Park and Mortuary, calling for more investment in recycling projects across the region.

Gebroe-Hammer Associates Reports Jersey City’s Enduring Gentrification is Sustaining Multi-Family Investing

Jersey City, which often draws a close comparison to New York City’s most populous borough, is experiencing yet another wave of multi-family investment demand associated with its Hudson waterfront location and proximity to Manhattan, according to the…

BARBARA REA JOINS BKM CAPITAL PARTNERS AS DIRECTOR OF OPERATIONS & MARKETING

BKM Capital Partners, a fund manager and operator platform targeting value-add, multi-tenant industrial real estate in the Western U.S., has hired real estate marketing and operations executive Barbara Rea as its Director of Operations & Marketing

ConAm To Increase National Management Portfolio: Names Julie Brawn-Whitesides as Executive Vice President of its National Property Management Division

The ConAm Group (ConAm) is aggressively increasing its national multifamily property management portfolio through both company-owned and third-party fee management assets and has announced the appointment of Julie Brawn-Whitesides as its new Executive …

Donnelly Applauds USDA Investment in Improving Water Quality in Western Lake Erie Basin

U.S. Senator Joe Donnelly today applauded the U.S. Department of Agriculture’s (USDA) announcement that it will invest in helping farmers stop harmful algae blooms from forming and expanding in Lake Erie. The USDA will award Indiana $1.5 million to h…

First Western State Bank & Trust invests to support the work of Lutheran Social Services Housing

Isaiah Investments is a social ministry organized as an affiliated entity of Lutheran Social Services Housing. The fund’s name is a reference to the 32nd chapter of Isaiah: “My people will live in peaceful dwelling places, in secure homes, in undis…

Three Maryland Men Settle Charges They Defrauded Investors in Real Estate Investment Company

The Securities and Exchange Commission today announced that three Maryland men have agreed to settle charges that they defrauded investors in a company that owns and operates residential and commercial real estate. Boston-based Signator Investors Inc….

Agriculture Secretary Vilsack Announces $4.9 Million in Investments for Rural Alabama Businesses and Community Infrastructure

U.S. Agriculture Secretary Tom Vilsack is in Alabama today to announce $4.9 million in new funding for projects that will protect public safety and health, improve water and wastewater infrastructure and create expanded economic opportunities in rural …

Bennet, Crapo Reintroduce Bill to Increase Resources for Wildfire Mitigation

U.S. Senators Michael Bennet (D-CO) and Mike Crapo (R-ID) reintroduced a bill to provide targeted investments for wildfire mitigation. The bill would help save future costs related to wildfire response efforts and the damage to property and land withou…

STATE CONTINUES TO MAKE HISTORIC INVESTMENTS TO PREVENT AND END VETERAN HOMELESSNESS

Commissioner Evonne M. Klein today announced that the Department of Housing is allocating an additional 50 Rental Assistance Program (RAP) certificates for homeless veterans. The Department previously set-aside 50 RAP certificates for exclusive vetera…

Statement by Congressman Dan Kildee on GM Investment in Flint

Congressman Dan Kildee (MI-05) today issued the following statement after it was announced that General Motors will invest $877 million in the Flint Assembly Plant. “Flint is the birthplace of General Motors and we are proud to have them invest in ou…

Sarbanes Statement on Obama Administration’s Clean Power Plan

Congressman John Sarbanes (D-Md.) issued the following statement today after the Obama Administration released its Clean Power Plan, the most significant commitment by any American president to fight climate change. The proposal would reduce carbon pol…

Senate Passes Long-Term Transportation Investment Bill with Kirk Priorities for Illinois

U.S. Senator Mark Kirk (R-Ill.) today helped pass long-term highway and rail bill that invests $6.3 billion in Illinois highways and transit systems over the next three years and includes Kirk-authored legislation to reform and reauthorize the Export-I…

Booker Joins Congressional Coalition to Increase Investments in Distressed Communities

U.S. Sen. Cory Booker (D-N.J.), joined a bipartisan and bicameral coalition of congressional leaders to announce that they will work together to develop new solutions to provide access to capital and new private sector investment in distressed communit…