7-Eleven Property

The Boulder Group Arranges Sale of Net Lease 7-Eleven Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased 7-Eleven property located at 270 Broad Street in Providence, Rhode Island for $3,276,496.
EPA

EPA Receives Record Number of Letters of Interest for WIFIA Water Infrastructure Loans

The U.S. Environmental Protection Agency (EPA) received 62 letters of interest (LOIs) collectively requesting $9.1 billion in loans from a wide range of prospective borrowers in response to the Water Infrastructure Finance and Innovation Act (WIFIA) program’s 2018 Notice of Funding Availability.
Classic Optical property in Youngstown

The Boulder Group Arranges Sale of Net Leased Classic Optical property in Youngstown, Ohio

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Classic Optical property located at 3710 Belmont Avenue in Youngstown, Ohio for $2,729,610.
Mortgage Possible

Sun West Mortgage Company, Inc. Launches New Distributed Retail Division: Mortgage Possible

Sun West Mortgage Company, Inc. has expanded their distributed retail division with the launch of a new DBA, Mortgage Possible. Currently located in Buena Park, CA, Mortgage Possible has plans for a nationwide expansion, starting in California, Arizona, Nevada, New Jersey
DHCD

DHCD Seeks Design Input on New, Comprehensive Affordable Housing Database

The DC Department of Housing and Community Development announced today it is seeking design input on a new public website that would, for the first time, provide comprehensive data on affordable housing in the District.
NAHB

Housing Starts Hold Their Ground in July

Total housing starts inched up 0.9 percent in July to a seasonally adjusted annual rate of 1.17 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.
Center for American Progress

New CAP Brief Uses Charlotte Light Rail Project to Highlight How Environmental Review Strengthens...

A new issue brief from the Center for American Progress uses the Charlotte Area Transit System (CATS) Blue Line project as a case study to demonstrate how environmental review under the National Environmental Policy Act strengthens infrastructure projects and forestalls social, environmental, and even economic harms that might occur without such a review.
NHC

NHC submits comments to Treasury on Opportunity Zones implementation

The National Housing Conference (NHC) submitted comments today on Opportunity Zones (OZ) to the U.S. Department of the Treasury. NHC believes that to be eligible for the tax incentive, any tax-deferred investments targeted specifically at distressed communities should avoid the elimination of affordable housing leading to displacement of current residents.

Wyden Calls for Improvements to Nursing Home Rating System

Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today called on the federal government to improve the quality measures for adequate staffing that American seniors and their families use when selecting a nursing home

Official Statement from the National Fair Housing Alliance Regarding HUD’s Recent AFFH Rule Changes

HUD’s recently announced Advanced Notice of Proposed Rulemaking concerning the Affirmatively Furthering Fair Housing (AFFH) Rule ultimately does not affect our pending litigation, National Fair Housing Alliance, et al. v. Carson, et al.
Capital Impact Partners

Capital Impact Partners Deepens Investment in Underserved Communities and Commitment to Social Justice In...

Capital Impact Partners began 2018 by deepening its commitment to breaking down barriers to success for underinvested communities by expanding justice and equity. The organization announced today that it provided more than $36 million in financing during the first half of 2018.
USDA

USDA Partners to Improve Rural Water and Wastewater Infrastructure in 23 States

Assistant to the Secretary for Rural Development Anne Hazlett visited the state today to announce that USDA is investing more than $124 million (PDF, 155.4 KB) to help rebuild and improve rural water infrastructure in 23 states. Five projects in Louisiana are receiving funding.
Habitat

ISEC launches national partnership with Habitat for Humanity

More than 200 ISEC employees will build or repair homes alongside Habitat homeowners this year through the company’s national partnership with Habitat for Humanity. Their efforts will help revitalize neighborhoods in Canada and seven U.S. states, including California, Colorado, Florida, Maryland, Nevada, Texas and Washington.
NAHB

Builder Confidence Remains Firm in August

Builder confidence in the market for newly-built single-family homes edged down one point to a solid 67 reading in August on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

Modern Commercial Real Estate Marketing Practices Used Right Now

Whenever marketing commercial properties the marketers understand the fact that it is really important to build a lucrative and really long-lasting reputation. Modern promotion methods rely on much more than just advertising, mainly because of the fact that those interested in buying such properties are different than those buying homes.
Ilinois.gov

New law cuts red tape for real estate professionals, businesses; takes additional bill...

Gov. Bruce Rauner today signed legislation to reduce burdensome licensing requirements for real estate businesses. The new licensing program is expected to save the state money by reducing a duplicative and unnecessary licensure structure that provides no benefit to the public and discourages business creation and growth.
USDOJ

Owner of Now-Defunct Real Estate Escrow Company Sentenced to 24 Months in Prison for...

The owner of a former real estate escrow firm was sentenced today in U.S. District Court in Seattle to 24 months in prison for bank fraud, announced U.S. Attorney Annette L. Hayes. LORI LYNN ANDREW, 49, of Cashmere, Washington, the owner of Hartman Escrow, Inc., pleaded guilty to one count of bank fraud. ANDREW stole more than $2.1 million through a variety of techniques

Property Tax Bills Mailed This Week

The New Hanover County Tax Department will begin mailing real estate tax bills to property owners later this week. Personal property tax bills will be mailed by the end of August. Property taxes are due on September 1, 2018 but can be paid without interest until January 7, 2019.
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $1.982 Trillion

Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $36.77 billion in July. A breakdown of July issuance includes $35.383 billion of Ginnie Mae II MBS and $1.391 billion of Ginnie Mae I MBS, which includes $1.229 billion of loans for multifamily housing.
HomeLight

Why September is a great time to sell

The first step in selling a home is figuring out when the best time to list it is. Knowing the best month to list a home can shorten the amount of time it spends on the market, and reducing a listing’s “days on market” is critical because if a home sits on the market too long, it risks getting stale and possibly having to reduce the price.

Editors’ Picks

Making Shopping for Your First Home a Fun Experience

Your First Home
Maybe you have plans to get married and need to secure your first home so you have a place to move into after your honeymoon. Other first time homebuyers have rental leases that are soon to expire. While finding the first piece of residential property that you are to own and live in

South Cove, First New For-Sale Residential Development in Dana Point to...

South Cove
International award-winning firm KTGY Architecture + Planning is pleased to announce the recent opening of the KTGY-designed residential models at South Cove in Dana Point, California. Built by San Diego-based real estate development company Zephyr, this is Dana Point’s first new for-sale residential development to open in decades. South Cove is a unique, barefoot community that exudes laid-back luxury in a highly-coveted coastal setting at the southern gateway of Dana Point.

Norton Reelected as Top Democrat on Highways and Transit Subcommittee

Congresswoman Eleanor Holmes Norton (D-DC) was elected by her fellow Democrats on the House Transportation and Infrastructure Committee to return as the Ranking Member of its Subcommittee on Highways and Transit.

Business Real Estate Press Releases

7-Eleven Property

The Boulder Group Arranges Sale of Net Lease 7-Eleven Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased 7-Eleven property located at 270 Broad Street in Providence, Rhode Island for $3,276,496.

Recent Gov & Nonprofit Real Estate Press Releases

7-Eleven Property

The Boulder Group Arranges Sale of Net Lease 7-Eleven Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased 7-Eleven property located at 270 Broad Street in Providence, Rhode Island for $3,276,496.