NAHMA

NAHMA Wins Prestigious Award for Specialist in Housing Credit Management Certification Program

The National Affordable Housing Management Association (NAHMA)’s Specialist in Housing Credit Management (SHCM) certification program has been named a 2018 Silver Power of A Award winner in the Power to Create a Competitive Workforce category by the American Society of Association Executives (ASAE).
ABC National

ABC Applauds Final Rule on Association Health Plans

Associated Builders and Contractors (ABC) today released the following statement from Sam Melamed, CEO of the ABC Insurance Trust, following the U.S. Department of Labor’s release of its final rule on Association Health Plans (AHPs)

CRL on Harvard Report: Inequality in Housing Harms Economic Growth

Harvard University’s Joint Center for Housing Studies (JCHS) released its annual report, The State of the Nation’s Housing 2018. Published annually since 1988, this year’s report again identifies trends and changes in housing. Key to this year’s findings are:
MBA

Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage applications increased 5.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending June 15, 2018.
NLIHC

On its 30th Anniversary, Harvard State of Nation’s Housing Report Shows Severe Lack of...

The Harvard Joint Center for Housing Studies’ 30th annual The State of the Nation’s Housing report shows that, since the study’s inaugural release in 1988, the number of households burdened by housing costs in America has risen by nearly 14 million.
DOE

Department of Energy Announces $21 Million to Advance Solar Desalination Technologies

The U.S. Department of Energy (DOE) announced $21 million for new projects to advance solar-thermal desalination technologies. These 14 projects are focused on reducing the cost of solar-thermal desalination and helping the technology to reach new markets, including to areas that are not connected to the electric grid.
NAR

Existing-Home Sales Backpedal, Decrease 0.4 Percent in May

Existing-home sales fell back for the second straight month in May, as only the Northeast region saw an uptick in activity, according to the National Association of Realtors. Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, decreased 0.4 percent to a seasonally adjusted annual rate of 5.43 million in May from downwardly revised 5.45 million in April
NAR

NAR Applauds Rule Making Realtors® Eligible to Participate in Association Health Plans

The U.S Department of Labor today finalized its rule to expand the definition of “employer” to include “working owners,” allowing real estate professionals and other self-employed individuals to participate in association health plans. The ruling also makes AHPs available to independent contractors who are offered coverage through a spouse, the current source of coverage for roughly 40 percent of Realtors
CVS Portfolio

The Boulder Group Arranges Sale of Net Lease CVS Portfolio

The Boulder Group, a net leased investment brokerage firm, has completed the sale of two single tenant net leased CVS property locations in Ohio for $5,207,500. The Hartville location is strategically positioned at the signalized intersection of Maple Street and Kent Avenue. Maple Street is the primary east-west thoroughfare in the trade area.
Covina SC

Hanley Investment Group Completes Sale of Two-Tenant Retail Property in Los Angeles County for...

Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the sale of a two-tenant retail building occupied by Ross Dress For Less (dba dd’s Discounts) and Stars Gymnastics at 404-410 N. Azusa Avenue in Covina, California.
Appraisal Institute

Appraisal Institute Releases Guide to Residential ‘Green’ Addendum

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today released a guide to complete and use the organization’s “Residential Green and Energy Efficient Addendum.”
ULI

Creating Better Communities: Thirteen Finalists Selected for the Urban Land Institute’s 2018 Jack Kemp...

The Urban Land Institute (ULI) Terwilliger Center for Housinghas announced the finalists for this year’s Jack Kemp Excellence in Affordable and Workforce Housing Award, which honors exemplary developments that ensure housing affordability for people with a range of incomes.
BOMA

PANEL TO DISCUSS THE EVOLUTION OF TENANT AMENITIES AT BOMA INTERNATIONAL’S ANNUAL CONFERENCE

Tenant companies looking to attract and retain the best talent increasingly are placing more demands on commercial building owners and managers to offer premium amenities and services to help them with this goal. On Tuesday, June 26, at 8:30am, a panel of experts will share how they are meeting evolving tenant expectations and which amenities future tenants may come to expect as part of the 2018 BOMA International Conference & Expo.
USDOJ

Sixth Mississippi Real Estate Investor Pleads Guilty to Conspiring to Rig Bids at Public...

Mississippi real estate investor Ivan Spinner became the sixth real estate investor to plead guilty in connection with the ongoing investigation into bid rigging at public real estate foreclosure auctions in Mississippi, the Department of Justice announced.
Norton Introduces Bill

Norton Introduces Bill to Permit Marijuana Use in Public Housing

Congresswoman Eleanor Holmes Norton (D-DC) today introduced her bill to permit the use of marijuana in states where it is legal—for medical or recreational purposes—in federally-assisted housing, including public housing and the Section 8 housing program. Norton held a signing ceremony for the bill with Sondra Battle, a District of Columbia resident who lives in Section 8 housing while suffering from fibromyalgia, a chronic disease that she treats by using medically-prescribed cannabis.

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

CVS Portfolio

The Boulder Group Arranges Sale of Net Lease CVS Portfolio

The Boulder Group, a net leased investment brokerage firm, has completed the sale of two single tenant net leased CVS property locations in Ohio for $5,207,500. The Hartville location is strategically positioned at the signalized intersection of Maple Street and Kent Avenue. Maple Street is the primary east-west thoroughfare in the trade area.

Recent Gov & Nonprofit Real Estate Press Releases

NAHMA

NAHMA Wins Prestigious Award for Specialist in Housing Credit Management Certification...

The National Affordable Housing Management Association (NAHMA)’s Specialist in Housing Credit Management (SHCM) certification program has been named a 2018 Silver Power of A Award winner in the Power to Create a Competitive Workforce category by the American Society of Association Executives (ASAE).