RealEstateRama Authors Posts by RealEstateRama
Florida Supreme Court Decision on Citizen Challenge to Utility-Backed Solar Power Amendment Disappoints
The Florida Supreme Court decision today is a blow to the future of rooftop solar power in Florida. “This dirty political trick perpetrated by the giant utility corporations will now be on the ballot in November,” said Earthjustice attorney David Guest. “This amendment hoodwinks voters by giving the impression that it will encourage the use of rooftop solar when, in fact, it would do the opposite. If the Constitutional amendment passes, people who install rooftop solar could end up with higher utility bills than if they did not have solar.
“Having a working smoke alarm allows residents time to get out of a burning home, and cuts the chances of dying in a residential fire in half,” said Lake County Fire Rescue Fire Marshal Capt. Michael Vitta. “Most home fire deaths resulted from fires in homes without a proper smoke alarm, which is why it is so important to install smoke alarms in every bedroom, outside each sleeping area and on every level of your home, and to make sure they are working at all times.”
Florida lawmakers from both parties and both chambers united to push for Congressional authorization of the Central Everglades Planning Project (CEPP) in the upcoming Water Resources Development Act to allow this vital project to move forward without further delay. Once completed, CEPP will increase water flow south of Lake Okeechobee, reducing the harmful discharges to the St. Lucie and Caloosahatchee rivers to the east and west of the lake. Congressman Patrick E. Murphy (FL-18) led this effort in the House with Congressman David Jolly (FL-13) alongside support from U.S. Reps. Gus Bilirakis (FL-12), Corrine Brown
As part of construction of the latest Riverwalk segment, the City of Tampa will begin demolition of the existing sidewalk along Doyle Carlton Drive between Laurel Street and Water Works Park on Monday, January 4, 2016. The sidewalk will be closed to all pedestrian traffic along the river while construction is on-going. Work is expected to be completed by the end of April 2016.
Turning to the veterans in attendance, he then said, “We appreciate, most importantly, the veterans and their service to our country. There is no greater tragedy than to have one serve their country and then come back to the country they protected only to find that they don’t have a home and they’ve fallen on hard times. The Coalition does great work here in the community to rehabilitate veterans and to acclimate them back into the community.”
REALTORS® don’t just help people realize their dreams of homeownership, they also help build communities. Ten of those community-building REALTORS® have been honored for their efforts and named finalists for the 2015 Orlando Regional REALTOR® Association Good Neighbor Awards.
For Tara Moore, choosing a career in real estate wasn’t a stretch. Her father was a RE/MAX broker for 40 years in New York state and she grew up in the business. “I used to love going with him to show houses,” says Moore, a Realtor® with RE/MAX Select in Winter Garden who was recently named one of the National Association
The Lake County Solid Waste Division is encouraging county residents to dispose of toxic materials in a safe and environmentally sensitive way at an upcoming Household Hazardous Waste Collection event. The County’s Household Hazardous Waste Mobile Unit will be on site from 9 a.m. – noon on Thursday, Oct. 1, at the Lady Lake Convenience Center, located at 1200 Jackson St., in Lady Lake. The collection event is open to Lake County residents only.
Do you know a student interested in a real estate career? Then you’ll want to find out more about the Florida Real Estate Commission (FREC) Education and Research Scholarships. But get ready: The online application process opens Sept. 21, 2015, and ends Nov. 2 at noon
CBRE has arranged the sale of a portfolio of five Class A office properties totaling 575,852 square feet in the Highland Oaks office park, a 1-million-square-foot suburban office park in Tampa, FL. An undisclosed buyer acquired the property for $111 million. CBRE represented the seller in the transaction.
Year-over-year market statistics for July 2015 reported accelerated demand for single family homes in Palm Beach County. Closed sales rose 19.5 percent from 1,515 to 1,810 transactions, and median sale price rose 3.3 percent from $280,000 to $289,250. Meanwhile, median days on market dropped a significant 30.9 percent from 55 to 38 days. As for inventory levels, they continued to decline, down 6.7 percent from 7,246 to 6,761 active listings and down 21.6 percent from 5.7 to 4.5 months’ supply.
Florida CFO Jeff Atwater Secures Multi-Million Dollar Settlement in Large-Scale State Contract Investigation
Chief Financial Officer Jeff Atwater today announced that a $15.5 million settlement has been secured as a result of a contract investigation involving U.S. Foods, Inc. The investigation conducted by the Department of Financial Services’ Office of Fiscal Integrity concluded that U.S. Foods falsely inflated its prices for supply food services to the Florida Department of Corrections (DOC) between 2008 and 2014. Through this deceitful billing practice, U.S. Foods wrongly collected millions in state dollars.
CBRE has arranged the sale and financing of Rivergate Tower, a Class A, 515,965-square-foot iconic office building located at 400 North Ashley Drive in Tampa, Florida, for an undisclosed price. The sale of Rivergate Tower is the third recent Tampa CBD office tower sale that CBRE has brokered in the last year, following Wells Fargo Plaza and Fifth Third Center.
Market conditions are heating up in Palm Beach County. According to year-over-year market statistics for June, single family home sales rose 16.2 percent from 1,636 to 1,901 transactions. Within the breakdown, we also saw noteworthy leaps, including a 35.4 percent increase in sales between $250,000 and $299,999 and a 51.8 percent increase in sales between $600,000 and $999,999
Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided four Freddie Mac small loans that total $6.5 million to refinance four separate multifamily properties located in Tampa, Florida.
Representing Florida’s Realtors and the interests of the state’s real estate industry, Florida Realtors® President Andrew Barbar and CEO Bill Martin are back from a recent trade mission in France with Gov. Rick Scott and key business leaders. The group met with French companies and individuals to emphasize the affordability and opportunities for real estate investment in Florida and to show “Florida is a great place to do business.”
McCraney Property Company, a leading developer of modern high-finish industrial properties, secured a new lease for 99,214 square feet 60 days prior to Certificate of Occupancy (CO) at Bent Oak Industrial Park, Building 200, in Orlando, Fla. The transaction with Shepard Exposition Services, an Atlanta-headquartered national event service enterprise focusing on trade shows and experiential marketing, represents a relocation and expansion within the Central Florida market
The Corporation for National and Community Service (CNCS), the federal agency that administers AmeriCorps, announced new investments of $15.4 million to support AmeriCorps members who will increase student achievement, high school graduation rates, and career readiness in Florida.
WASHINGTON, D.C. - June 16, 2015 - (RealEstateRama) -- McCraney Property Company, a leading developer of modern industrial properties, announced that DEX Imaging...
U.S. Senators Marco Rubio (R-FL) and Jeanne Shaheen (D-NH) welcome today’s signing of the “Girls Count Act” into law. The bill, which they introduced earlier this year, will direct current U.S. foreign assistance programming to support the rights of women and girls in developing countries by working to establish birth registries in their countries