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Today, The Pinnacle Companies announced a joint venture with The Hampshire Companies, a full-service, private real estate investment firm with equity in assets valued at over $2.5 billion, to develop The MC hotel in Montclair. The Chicago-based Aparium Hotel Group will manage the hotel.

Gebroe-Hammer Associates’ investment brokerage activity in Northern New Jersey and Pennsylvania is nearing unprecedented levels as multifamily buyers and sellers seek properties with rent-growth and value-add potential. The firm’s area market specialists recently arranged 12 sales involving 463 units.

Today, the New Jersey Association of Realtors announced it has rebranded and will now be known as the New Jersey Realtors, or NJ Realtors for short. In addition to its new name, the organization has revealed a new logo and website, all designed to enhance the member and consumer experience

Transaction activity in Essex County, N.J.’s multi-family investment market continues to accelerate, as indicated by the recent sale of a $3.77 million asset in Belleville arranged by Gebroe-Hammer Associates. The firm’s market specialist team of Vice Presidents Nicholas Nicolaou and Stephen Tragash exclusively represented the seller and identified the buyer

MONROE TOWNSHIP, N.J., - October 7, 2014 - (RealEstateRama) -- The New Jersey Apartment Association (NJAA) will host educational programs in October and November designed to help industry professionals gain knowledge and elevate their skills. NJAA offers a diverse selection of comprehensive education and certification courses throughout the year for members and non-members as part of its commitment to advancing the multi-family housing industry in New Jersey.

WASHINGTON, D.C. - August 19, 2014 - (RealEstateRama) -- NJAA members earn Continuing Education Credits (CECs) towards National Apartment Association Designations (NAA) at each session they attend. Programs will be held at NJAA, 104 Interchange Plaza, Suite 201, Monroe Township, N.J. unless otherwise noted. For details and event registrationMONROE TOWNSHIP, N.J., August 18, 2014 – The New Jersey Apartment Association (NJAA) will host two educational programs in September designed to help industry professionals gain knowledge and elevate their skills. NJAA offers a diverse selection of comprehensive education and certification courses throughout the year for members and non-members as part of its commitment to advancing the multi-family housing industry in New Jersey

TRENTON – The Superstorm Sandy Blue Acres Program has completed 107 closings on Sandy-damaged homes in Sayreville and South River, and is moving towards the first home purchases this spring and early summer in Woodbridge, East Brunswick and Newark, Department of Environmental Protection Commissioner Bob Martin announced today

WASHINGTON, D.C. - April 22, 2014 - (RealEstateRama) -- The LLRC (Lakewood Resource and Referral Center) and STEPS (Solution to End Poverty Soon) are sponsoring a free program for first-time Ocean County homebuyers Sunday, April 27, 2014, from 2:00 to 5:00 p.m. in the Main Auditorium of the Lakewood Municipal Building, 231 Third Street, Lakewood, NJ 08701.

WASHINGTON, D.C. - April 17, 2014 - (RealEstateRama) -- We are pleased to announce that Caliber Home Loans, Inc. is now New Jersey Builders Association (NJBA) Master Sponsor. Caliber Home Loans, Inc. is a full-service national mortgage lender and agency. It offers innovative servicing solutions for both conforming and non-conforming loans. The company is led by a veteran senior management team that consists of mortgage banking professionals with a history of building successful national mortgage operations. Caliber is owned by Lone Star Funds, a global private equity fund. The company is an approved Seller/Servicer for both Fannie Mae and Freddie Mac, and approved issuer for Ginnie Mae and is a servicer for FHA, VA and the USDA. Caliber carries multiple servicer ratings from Standard & Poors, Moody’s, Fitch and DBRA

WASHINGTON, D.C. - April 10, 2014 - (RealEstateRama) -- As the discussion continues on how to make New Jersey a more affordable place to live, work and retire, Assemblyman Jack Ciattarelli said he is requesting the Office of Legislative Services (OLS) to conduct a study that analyzes the State’s estate tax, transfer inheritance tax, and pension exclusion when filing an income tax return. Ciattarelli believes a comprehensive review of these tax laws will lead to reforms that will make New Jersey economically vibrant and more retirement friendly.

WASHINGTON, D.C. - April 8, 2014 - (RealEstateRama) -- Assembly Republican Leader Jon Bramnick will introduce legislation that encourages homeowners to expand and protect the native habitats of birds, plants and other wildlife. Bramnick is joined by Assembly Appropriations Chairman John Burzichelli, D-Gloucester, as a sponsor of the legislation.

Hamilton, NJ - April 3, 2014 - (RealEstateRama) -- The New Jersey Builders Association (NJBA) is pleased to announce that David B. Fisher, PP, AICP, Vice President of Governmental Affairs for K. Hovnanian Homes, was installed as President of the New Jersey Builders Association (NJBA) today at the 65^th Annual Atlantic Builders Convention (ABC) in Atlantic City, New Jersey.

WASHINGTON, D.C. - March 28, 2014 - (RealEstateRama) -- Assemblyman Jack Ciattarelli, R-Somerset, Hunterdon, Mercer and Middlesex, provided the remarks below regarding the Democrat’s alternate arbitration bill, A-3067, which was approved today during the General Assembly’s voting session

WASHINGTON, D.C. - March 28, 2014 - (RealEstateRama) -- Assembly Republican Budget Officer Declan O’Scanlon, R-Monmouth, issued the following statement after the Senate voted overwhelmingly to concur with Governor Christie’s conditional veto of A-3067, extending the interest arbitration cap through the end of 2017

MOUNTAINSIDE, N.J. - March 21, 2014 - (RealEstateRama) -- Lee & Associates, the largest broker-owned commercial real estate firm in the country, has arranged the sale of 1450 Route 22 West, in Mountainside, N.J., a 41,531-square-foot medical office building (MOB) for $8.45 million ($203 per square foot).

TRENTON - March 12, 2014 - (RealEstateRama) -- Acting Attorney General John J. Hoffman announced that a Middlesex County man pleaded guilty today to receiving more than $50,000 worth of stolen property, which he subsequently sold on Craigslist.com.

WASHINGTON, D.C. - February 21, 2014 - (RealEstateRama) -- The Consumer Affairs Committee today advanced a bill sponsored by Assemblyman A. Brown to protect families from fraud when buying or renting major appliances. “Unscrupulous people who are trying to take advantage of those recovering from Superstorm Sandy need to be stoped. This bill will work to protect our consumers,” Brown said. “After Superstorm Sandy, we have become aware of the long-term effects of flood damage to homes, cars, and appliances like washers, dryers, and refrigerators. Problems resulting from water damage may not become apparent until weeks or months later. People just want to get on with their lives.”

WASHINGTON, D.C. - February 14, 2014 - (RealEstateRama) -- U.S. Representatives Frank LoBiondo (NJ-02) and Bill Pascrell (NJ-09) today announced that the full House will vote in February on new flood insurance legislation to address the increases in many premiums mandated under the 2012 Biggert-Waters Flood Insurance Reform law. The new bill will meld provisions from the previously-introduced legislation by Reps. Michael Grimm (NY-11) and Maxine Waters (CA-43) – which LoBiondo and Pascrell were cosponsors – and proposals from Rep. Bill Cassidy (LA-06). The new legislation will also permanently remove the home sale rate increase trigger for homeowners looking to sell, thus providing certainty to the real estate market

TRENTON - February 10, 2014 - (RealEstateRama) -- The Christie Administration today announced the Federal Emergency Management Agency (FEMA) has awarded the state $26.3 million in federal Hazard Mitigation Grant Program funding for the voluntary acquisition of 89 homes in flood-prone sections of Woodbridge. This action is part of the Administration’s plan to buy out homes from willing sellers impacted by Superstorm Sandy to preserve the land as open space and protect against future flooding

Edison, N.J. - January 28, 2014 - (RealEstateRama) -- The December 2013 housing market report from the New Jersey Association of Realtors shows that over the course of the year, the housing market proved to be strong. In fact, closed sales were at the highest levels since 2005, to 94,671 units, up 18.1 percent. There are still fewer homes to comprise the total state inventory, but new properties came on the market in greater numbers than during 2012, so if that continues, 2014 will see a well-balanced market.