Today, the Office of the Comptroller of the Currency (OCC) announced its intention to offer national charters to financial technology firms, which could severely undermine state oversight and state consumer protection laws that protect consumers and small business owners from abusive financial products and practices. The OCC is accepting comments on its framework until January 15, 2017.
JLL (NYSE:JLL) today was named America’s Most JUST Company in the real estate industry, according to JUST Capital and Forbes magazine’s inaugural “JUST 100 List.” The list ranks the publicly traded companies in the U.S. that perform best on workplace and ethics issues that Americans care most about. One of the largest surveys ever conducted on attitudes towards corporate behavior, the survey of 50,000 Americans over the last 18 months ranks U.S. companies against their peers within 32 major industries.
SummerHill Apartment Communities to Celebrate Completion of New Live-Work-Play Apartment Community in Sunnyvale, Calif.
SummerHill Apartment Communities, a division of SummerHill Housing Group and a leader in providing quality, smart growth, multi-family rental housing and mixed-use developments, announces the completion of 481 on Mathilda, a new 105-unit luxury residential rental community in downtown Sunnyvale, Calif. The completion celebration will be held on Wednesday, December 7, 2016, from 3:00 p.m. – 5:00 p.m., at 481 South Mathilda, between Olive and Iowa streets, in the City of Sunnyvale. More...
The U.S. General Services Administration (GSA) begins the public sale for Cotton Annex building in an effort to find a new owner for the property while creating the greatest possible value for taxpayers.
For the first time in more than 25 years, the National Institute of Building Sciences will increase annual membership dues for its individual members, beginning February 1, 2017. This nominal increase in dues will adjust for inflation, yet it still remains in line, or below, the membership fees of other building industry-related organizations.
The company will continue to donate roofing materials to Habitat for Humanity builds across the U.S. and Canada where GAF factory-certified contractors volunteer their roofing installation services. GAF, along with their GAF Master Elite and Certified Contractors, contributed to nearly 280 Habitat for Humanity homes as part of the 2015-2016 partnership
New Technology Venture Launched to Facilitate LEED Certification, Measure Performance and Benchmark Green Building...
A new technology company, Arc Skoru Inc., officially launched today by Green Business Certification Inc. (GBCI). This new venture will be the official host for Arc, a state-of-the-art digital platform available at arcskoru.com. Arc allows any project — whether a single building, a community or an entire city — to measure improvements and benchmark against itself and projects around it.
CONSTRUCTION SPENDING INCREASES IN OCTOBER AS RESIDENTIAL AND PUBLIC GAINS OFFSET DROP IN PRIVATE...
Construction spending was mixed in October as a rebound in residential and public categories outweighed a downturn in most private nonresidential segments, according to an analysis by the Associated General Contractors of America. Association officials noted, however, that public investments in infrastructure remain down compared to last year while private-sector demand should remain robust amid continued economic growth.
Making a Difference Locally and Globally: ULI’s Latest Annual Report Documents Accomplishments in Creating...
The Urban Land Institute’s (ULI) global efforts to create communities that are sustainable, prosperous and livable are documented in the Institute’s latest annual report, which includes accomplishments during fiscal year 2016 (July 1, 2015 through June 30, 2016).
With solar power on the rise around the country, a national network of fossil fuel and utility-backed organizations have joined forces to put the brakes on this fast growing pollution-free energy resource. Trade groups and think tanks backed by deep pocketed anti-clean energy ideologues and fossil interests are bankrolling campaigns, promoting model legislation and media campaigns to provide cover for anti-solar campaigns across the country, said a new report released today by Environment America Research & Policy Center.
The Federal Housing Administration (FHA) today announced the agency's new schedule of loan limits, and due to an increase in housing prices, most areas in the country will see a slight increase in loan limits in 2017 These loan limits are effective for case numbers assigned on or after January 1, 2017, and will remain in effect through the end of the year
Today, in reaction to the news that Steve Mnuchin will be President-Elect Donald Trump’s nominee to serve as Secretary of the Department of the Treasury, and subsequent remarks from Mr. Mnuchin, the National Community Reinvestment Coalition’s (NCRC) President and CEO John Taylor made the following statement
On November 16, HUD published in the Federal Register a final rule regarding the use of small area fair market rents (SAFMR) in certain metropolitan areas, and replacing HUD’s existing 50th percentile fair market rent (FMR) policy for the Housing Choice Voucher (voucher) program. SAFMRs reflect rent standards in zip code areas while traditional FMRs reflect a single rent standard for an entire metropolitan region.
Access to healthy food, community farms, chef-driven restaurants, and innovative food retail concepts is increasingly being incorporated into real estate developments as an amenity that adds appeal and value, according to a new publication from the Urban Land Institute (ULI), Cultivating Development: Trends and Opportunities at the Intersection of Food and Real Estate.
U.S. Housing and Urban Development (HUD) Secretary Julián Castro today announced that public housing developments in the U.S. will now be required to provide a smoke-free environment for their residents. In an address to local public housing officials, residents and public health professionals in Boston, Secretary Castro said HUD's new rule will provide resources and support to more than 3,100 Public Housing Agencies (PHAs) to implement required smoke-free policies over the next 18 months.
Mortgage applications decreased 9.4 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 25, 2016. This week's results included an adjustment for the Thanksgiving holiday.
NeighborWorks America invites qualified community development nonprofits to apply for a share of $26.5...
NeighborWorks America announced that the application period is open beginning November 28 for one-time grants to revitalize distressed communities suffering from the direct and/or indirect effects of the foreclosure crisis. Projects proposed should support and further existing multi-faceted, place-based initiatives working to transform communities.
Next week's workshop, sponsored by the National Institute of Building Sciences, will answer the question of what to do when building control systems have been hacked or taken over by ransomware. Intended for building owners, facility managers, engineering, physical security, information assurance and other professionals involved with the design, deployment and operation of building control systems, the “Your Building Control Systems Have Been Hacked, Now What? Workshop,” to be held Tuesday, December 6, from 8:00 am to 5:00 pm, in Gaithersburg, Maryland, will provide a combination of classroom learning modules and hands-on laboratory exercises to help attendees learn how to detect, contain, eradicate and recover from a cyber event.
Pending home sales were mostly unchanged in October, but did squeak out a meager gain for the second consecutive month, according to the National Association of Realtors
As smart homes become more popular among consumers, buyers and sellers are showing greater interest in those homes and smart-home technologies and Realtors® in a certification to acknowledge their experience and expertise in those features
Solar Energy Industries Association (SEIA), the national trade association of the U.S. solar energy industry, announced today that Cypress Creek Renewables, a leading provider of local solar farms, has joined SEIA’s board of directors.
CONSTRUCTION EMPLOYMENT FALLS OR STAGNATES IN ONE-THIRD OF NATION’S METRO AREAS BETWEEN OCTOBER 2015...
Construction employment declined or was stagnant in one-third of metro areas between October 2015 and October 2016 amid diminishing public-sector investments in infrastructure and other civil works, according to a new analysis of federal employment data released today by the Associated General Contractors of America.
The Muller Company, a full-service real estate company specializing in management, investment and development of commercial real estate in the western United States, announced today that two Southern California medical office buildings owned and managed by The Muller Company have received the 2016 The Outstanding Building of the Year® (TOBY) Award by the Building Owners and Managers Association (BOMA) in each of their respective markets. More...
Meridian, a full-service real estate developer specializing in acquiring and developing real estate facilities for the healthcare sector, announced today that R.J. Sommerdyke has joined the company’s acquisition team in Southern California. Sommerdyke will play a key role in expanding Meridian’s platform of acquiring value-add healthcare properties throughout Southern California. More...
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the activity in the National Net Lease Medical Market.
Crescent Communities, the largest active developer in Franklin’s Cool Springs submarket, today announced two companies will locate operations in Two Greenway Centre in Franklin, Tenn
CBRE Executive Vice President Philip D. Voorhees announced today that he, Jimmy Slusher and their National Retail Investment Group – West (NRIG-West) team completed the sale of Southgate Plaza, a 339,369-square-foot grocery-anchored shopping center in Sacramento, Calif., leased to three high-performing grocers, Walmart Neighborhood Market, 99 Ranch Market and 99 Cents Only, along with a complementary mix of co-tenants including, Ross Dress for Less, Skechers, Baskin Robbins, Sally Beauty, Payless Shoe Source, Chase Bank, Farmer & Merchants Bank, Taco Bell, H&R Block and others.
Today the U.S. Department of Health and Human Services (HHS) announced $17 million in funding for the Federal Home Visiting Programs in 13 states. This funding will support Health Resources and Services Administration (HRSA) Federal Home Visiting Program awardees in the development, implementation, and evaluation of innovations to strengthen and improve delivery of coordinated and comprehensive high-quality voluntary services to eligible families
International award-winning firm KTGY Architecture + Planning is pleased to announce a new three-story, 10,000-square-foot mixed-use building located in the heart of downtown Morgan Hill, Calif., was unanimously approved by the city’s planning commission. The project, to be named The Edes Building, is being developed by local restaurateur Dan McCranie, owner of Morgan Hill’s popular Ladera Grill.
The Federal Trade Commission and the Department of Justice’s Antitrust Division have submitted a comment to the U.S. Federal Energy Regulatory Commission (FERC) regarding market power in wholesale electricity markets. The comment responds to a FERC request for comments on how it assesses market power with respect to mergers and electricity sales at market-based rates, which it evaluates under the Federal Power Act (FPA).