How Investors are Making Big Money on Commercial Real Estate

The search for alpha (i.e. returns) is what drives investors and when it comes to commercial real estate the race to reap profits is in full swing. For those who bought into the market during 2010 and 2011, making big money is relatively easy as valuations are working in their favor.
NLCHP

Homeless People Sue for Unconstitutional Destruction of their Property

Six homeless people whose property was destroyed when they were evicted from their outdoor homes filed a lawsuit against the City of Puyallup and Pierce County, Washington. The complaint alleges that the city and county violated their constitutional rights when they destroyed or threw away their shelters and other needed property on little or no notice, and without any opportunity to challenge the destruction.
USDA

USDA Partners to Improve Electric Infrastructure for More Than 347,000 Rural Americans Across 13...

Assistant to the Secretary for Rural Development Anne Hazlett today announced that the U.S. Department of Agriculture (USDA) is investing $398.5 million (PDF, 105 KB) to improve rural electric service in 13 states.
NAHB

Housing Starts Rise in August Amid Ongoing Affordability Concerns

Total housing starts increased 9.2 percent in August to a seasonally adjusted annual rate of 1.28 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department

Keurig Dr Pepper and KaBOOM! award Cape Cod affordable housing development $15,000 playground grant

Keurig Dr Pepper (KDP) and the national non-profit KaBOOM! have awarded a Let’s Play Community Construction Grant to build a new playground at Cromwell Court Apartments a 124-unit family affordable housing development in downtown Hyannis, MA owned by Preservation of Affordable Housing (POAH).

Governor Brown Restores California Homeowner’s Bill of Rights

California Governor Jerry Brown has signed into law SB 818, a bill to restore key provisions in California’s landmark “Homeowner’s Bill of Rights” (HBOR) legislation which passed in 2012 in response to the foreclosure crisis. HBOR has prevented thousands of avoidable foreclosures by requiring mortgage loan servicers to engage in timely
NAR

Existing-Home Sales Remain Flat Nationally, Mixed Results Regionally

Existing-home sales remained steady in August after four straight months of decline, according to the National Association of Realtors®. Sales gains in the Northeast and Midwest canceled out downturns in the South and West
Abode Communities

Affordable Housing Developers Welcome Mayor Eric Garcetti, Councilman Joe Buscaino

Abode Communities and Mercy Housing California, together with the Housing Authority of the City of Los Angeles (HACLA), will celebrate the grand opening of Camino del Mar and Vista del Mar, 176 service-enhanced affordable family homes in the Wilmington neighborhood of Los Angeles.
Dan Riley JVDirectorChair

National Broker Portal Names New Board Member, Chair

The Board of Managers of the National Broker Portal, a joint venture between Broker Public Portal (BPP) and Homesnap, today announced Daniel J. Riley, Esq., of Howard Hanna Real Estate Services, has joined its Board and become its Chairman. Riley is Executive Vice President of Administration at Howard Hanna, ranked as the third largest real estate firm in the U.S. by REAL Trends
Mercy Housing

PERMANENT HOUSING FOR HOMELESS AND LOW-INCOME FAMILIES BREAKS GROUND

Mercy Housing Northwest, in partnership with Paul G. Allen Philanthropies, the City of Seattle, and the Seattle Seahawks, broke ground on the Mount Baker Family Housing & Resource Center. Expected to open in early 2020, the permanent housing facility and its ground floor Family Resource Center will provide affordable housing and services to Seattle-area families with children experiencing or at risk of homelessness.
NeighborWorks America

NeighborWorks America at Home survey: People with student loan debt delay homeownership

People saddled with student loan debt are delaying purchasing a home and many worry about their college debt most or all of the time, according to the sixth annual NeighborWorks America at Home survey. The survey, released today, reveals that people with the most debt—millennials and women—are underrepresented among homeowners
NIBS

New SAFETY Act Best Practices Guide to Commercial Building Security Now Available

A new web-based tool can help security professionals for commercial office buildings perform assessments based on the Best Practices for Anti-Terrorism Security (BPATS) for commercial office buildings. With best practices developed by the U.S. Department of Homeland Security (DHS) Science and Technology Directorate (S&T)
NAHB

Statement from NAHB Chairman Randy Noel on Chinese Tariffs

Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., today issued the following statement on President Trump's decision to impose tariffs on an additional $200 billion worth of Chinese imports
NHC

National Housing Conference announces new policy director

The National Housing Conference (NHC) announced today that Tristan Bréaux officially joined NHC as its new policy director. Bréaux brings to NHC 10 years of policy and legislative experience. Most recently, he served as a deputy chief of staff and district director for Del. Eleanor Holmes Norton (D-D.C.).

Honorees include CREW Network CEO Wendy Mann and President-Elect Holly Neber

Thirty-nine CREW Network members, including the organization’s CEO Wendy Mann and President-Elect Holly Neber, have been honored by Real Estate Forum in the magazine’s Women of Influence 25th anniversary issue. The women were selected from nearly 500 nominees based on their achievements in, contributions to, and reputation in the business.
NAR

Realtors® View Technology as Increasingly Valuable for Business, Competition

As technology continues to transform and modernize the real estate industry, Realtors®, members of the National Association of Realtors®, are focused on adapting to and remaining at the forefront of this change. Last month, NAR kicked-off the inaugural Innovation, Opportunity & Investment Summit in San Francisco, where Realtors® joined real estate technology companies and the investment community to discuss evolutions in real estate technology and strategies for Realtors® to keep up with these trends.
NAHB

Builder Confidence Remains Firm in September

Builder confidence in the market for newly-built single-family homes remained unchanged at a solid 67 reading in September on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). “Despite rising affordability concerns, builders continue to report firm demand for housing, especially as millennials and other newcomers enter the market,” said NAHB Chairman Randy Noel
NorthstarMLS-SEMR-Groupshot

Second Largest MLS in Minnesota to Join NorthstarMLS

Southeast Minnesota REALTORS® (SEMR) has become a shareholder in the largest MLS in the state of Minnesota, NorthstarMLS. MLS operations will be merged this fall. As a result, NorthstarMLS will represent approximately 19,000 real estate professionals

How to Buy Your Dream Home in Utah

Is moving to Utah something you have always wanted to do? Now that you are ready to purchase a home for the first time, you may want to make sure you are purchasing one in the state of Utah where you can live comfortably and enjoy everything that the area has to offer to its residents.
Dairy Queen Restaurant

The Boulder Group Arranges Sale of Single Tenant Net Leased Dairy Queen Restaurant

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Dairy Queen restaurant located at 7720 149th St W in Apple Valley, Minnesota for $3,000,000.

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

Dan Riley JVDirectorChair

National Broker Portal Names New Board Member, Chair

The Board of Managers of the National Broker Portal, a joint venture between Broker Public Portal (BPP) and Homesnap, today announced Daniel J. Riley, Esq., of Howard Hanna Real Estate Services, has joined its Board and become its Chairman. Riley is Executive Vice President of Administration at Howard Hanna, ranked as the third largest real estate firm in the U.S. by REAL Trends

Recent Gov & Nonprofit Real Estate Press Releases

How Investors are Making Big Money on Commercial Real Estate

The search for alpha (i.e. returns) is what drives investors and when it comes to commercial real estate the race to reap profits is in full swing. For those who bought into the market during 2010 and 2011, making big money is relatively easy as valuations are working in their favor.