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Investing

CT REIA May Meeting: Success with Tax Lien Certificates & Tax Deeds

Ted Thomas is the best selling author and creator of numerous books and home study courses. Ted's home study course titled "QuickStart - Introduction to Buying Tax Liens and Tax Deeds" is considered the definitive guide and the standard for the industr...

Lee Oakland represents Wang Brothers Investments in a Sale Transaction in Richmond, CA

The Parkway Business Center in Richmond California has sold. This property is comprised of three flex/office/industrial buildings totaling 87,785 square feet on 9.8 acres with 3 acres of developable land. The buyer, Wang Brothers Investments, was able ...

Lee & Associates – North San Diego County Completes $25.4 Million Sale of Sam’s...

Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed the $25,400,000 investment sale of two retail buildings located in the Big Bend Crossing shopping center of Crestwood, Missouri, a S...

Peters, Stabenow Announce $697,125 Federal Investment for Grand Rapids Home for Veterans

U.S. Senators Gary Peters and Debbie Stabenow today announced a $697,125 federal investment at the Grand Rapids Home for Veterans from the U.S. Department of Veterans Affairs (VA). The funding will go towards installing emergency generators and a hot w...

Stabenow, Peters Announce $697,125 Federal Investment for Grand Rapids Home for Veterans

U.S. Senators Debbie Stabenow and Gary Peters today announced a $697,125 federal investment at the Grand Rapids Home for Veterans from the U.S. Department of Veterans Affairs (VA). The funding will go towards installing emergency generators and a hot w...

CBRE CAPITAL MARKETS ARRANGES $54 MILLION SALE OF MULTIFAMILY COMMUNITY IN CENTRAL FLORIDA

CBRE Capital Markets arranged the sale of The Park at Laurel Oaks, a 552-unit apartment community in Winter Springs, Florida, about 15 minutes outside of Orlando. The gated community, located at 1 Laurel Oaks Drive, was acquired from Laurel Oaks, LLV b...

City of Long Beach Celebrates Homeownership for Air Force Veteran at Habitat Dedication Ceremony

Today, the City of Long Beach, in partnership with The Long Beach Community Investment Company (LBCIC), and Habitat for Humanity of Greater Los Angeles (Habitat LA) celebrated the American dream of homeownership for an Air Force Veteran.

$48 Million Investment in Public Transportation System’s Frontline Operations & Street Improvement Projects

Mayor Edwin M. Lee and members of the Board of Supervisors announced a number of important investments in San Francisco’s transportation network including an additional $48.1 million in funding in San Francisco Municipal Transportation Agency (SFMTA)...

Northern California Real Estate Investor Agrees to Plead Guilty to Bid Rigging at Public...

A Northern California real estate investor has agreed to plead guilty for his role in conspiracies to rig bids at public real estate foreclosure auctions in Northern California, the Department of Justice announced

Byrne Offers Amendment to Cut Over $1 Billion in Spending

Congressman Byrne’s amendment would eliminate all funding for the Department of Energy’s Energy Efficiency and Renewable Energy (EERE) program. The program funds research and development of “clean-energy” technologies. Congressman Byrne believe...

California Reinvestment Coalition Negotiates $11 Billion Reinvestment Commitment as part of City National and...

Today, the California Reinvestment Coalition announced that its members successfully negotiated a new Community Reinvestment plan as part of City National’s merger with Royal Bank of Canada. The plan, developed after several months of negotiations, c...

Comptroller Stringer Announces Major New Diversity Intiative For Investment Managers

New York City Comptroller Scott M. Stringer announced that the New York City Pension Funds have taken steps to formally consider diversity as a criterion in manager evaluation and selection, by systematically asking current and prospective money manage...

Vice Chair Crowley, Rep. Brady Move to Increase Foreign Investment in U.S. Real Estate

Two senior members of the House Ways & Means Committee are continuing their quest to remove a 1980’s era tax provision that discourages foreign investment in U.S. real estate.

House Releases FY2016 Budget Proposal with Significant Investments in Affordable Housing and Homelessness Prevention...

The House budget funds the Department of Housing and Community Development (DHCD) and other housing programs at $442.2 million. The budget includes increased investments in proven programs that help keep families in their homes and prevent homelessness...

NAI Capital completed the $14.5 million sale of Tustin Medical Arts Center

NAI Capital completed the $14.5 million sale of Tustin Medical Arts Center in Tustin, Calif., on behalf of Klingbeil Medical Partners. The seller was a real estate investment firm specializing in medical office reposition opportunities. Klingbeil purch...

Reps. Brady and Crowley Move to Increase Foreign Investment in U.S. Real Estate

Two senior members of the House Ways & Means Committee are continuing their quest to remove a 1980’s era tax provision that discourages foreign investment in U.S. real estate.

KHS America to Expand Current Operations in Wilson County

Due to the company’s success and increase in market share, KHS America will invest $3.7 million to add onto its location at 12020 Eastgate Blvd. in Mt. Juliet and create 67 new jobs.

Whitehouse, Langevin Support Good Corporate Governance

The Federal Employees Sustainable Investment Act, which is also supported by Congressman David Cicilline (D-RI), would allow federal employees to direct retirement investments toward socially responsible corporations.

Governor Cuomo Launches Upstate Revitalization Initiative and Round V of Regional Economic Development Council...

Governor Andrew M. Cuomo today launched two major economic development programs – the Upstate Revitalization Initiative and Round V of the Regional Economic Development Councils – officially kicking off the 2015 competitions for $1.5 billion and up...

Federal Home Loan Bank of Dallas Reports First Quarter Operating Results

The Federal Home Loan Bank of Dallas (Bank) today reported net income of $23.1 million for the quarter ended March 31, 2015. In comparison, for the quarter ended December 31, 2014, the Bank reported net income of $10.8 million. The increase in net inco...

Balderson Hopeful That Pickaway County Will Be Site Of New BASF Facility

State Senator Troy Balderson (R-Zanesville) today applauded the announcement that BASF Corporation is considering Pickaway County to expand its operations, potentially creating 48 new full-time jobs.

Governor Announces Downtown Development District Grant Funding Awards

Downtown revitalization efforts in Seaford, Dover and Wilmington will soon get a boost, as Governor Jack Markell today announced the recipients of the Delaware’s inaugural round of Downtown Development District (DDD) Grants. A total of 13 projects in...

Stabenow, Peters Applaud $446,875 Federal Investment for Grand Rapids Home for Veterans

U.S. Senators Debbie Stabenow and Gary Peters today applauded a $446,875 federal investment in the Grand Rapids Home for Veterans. The grant, which comes from the U.S. Department of Veterans Affairs (VA), will go towards installing an anti-wander and s...

RE/MAX Luxury Report on Metro Chicago Real Estate: $1 Million-Plus Residential Market Moved at...

Luxury homes sold at a faster pace during the first quarter of 2015, January through March, than they did a year earlier in the seven-county metropolitan Chicago real estate market. Transaction activity was 16 percent higher for the period, with luxury...

Durbin Announces $1.1 Million Investment In Quincy Airport

U.S. Senator Dick Durbin (D-IL) announced today that the City of Quincy, Illinois has received a $1,100,000 grant through the U.S. Department of Transportation’s (DOT) Federal Aviation Administration for infrastructure improvements and upgrades at Q...

CBRE ARRANGES SALE OF LUXURY MULTIFAMILY COMMUNITY IN EAST ORLANDO

CBRE Capital Markets arranged the sale of Century Waterford Lakes, located at 12101 Fountainbrook Blvd., Orlando, FL. The 400-unit apartment community was completed in 2000 and has a current occupancy of 92%. CBRE exclusively represented the seller in ...

Nine Companies Expected to Invest $111 Million, Impacting 831 Jobs

During its monthly meeting, the Ohio Tax Credit Authority (TCA) reviewed economic development proposals brought to the board by JobsOhio and its regional partners. Collectively, the projects are expected to result in more than $21 million in new payrol...

Empire State Development Announces Investment In The Adirondack Craft Beverage Trail To Boost Tourism

Empire State Development (ESD) today announced plans for expanded Adirondack Craft Beverage Trail promotion to increase tourism in Warren, Washington, Essex and Saratoga counties and brand the region as a craft beverage destination in New York State.

HAWAI‘I HOUSE DELEGATION STATEMENT ON DEFENSE AUTHORIZATION BILL

Today, Congresswoman Tulsi Gabbard and Congressman Mark Takai released the following statement about the Fiscal Year 2016 National Defense Authorization Act (NDAA) draft, which both members worked to include provisions critical to Hawai‘i

Titanium Mastermind Group For CT Real Estate Investors

Are you an advanced investor? Looking to exchange ideas, create new opportunities, solve business challenges, cause a breakthrough in your profits? The Titanium Mastermind is for you!

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Mayor London Breed Celebrates Groundbreaking of New Affordable Housing in the...

Mayor London N. Breed today joined community leaders to celebrate the groundbreaking of future affordable housing at 1950 Mission Street. Once completed, the project will offer 155 affordable apartments for families