Yearly Archives: 2018

EPA

EPA Updates Key Tool for Communities to Use in Turning Current and Formerly Contaminated...

The U.S. Environmental Protection Agency (EPA) is announcing updates to a mapping tool under its RE-Powering America’s Land Initiative, that will help communities, developers, and other stakeholders site renewable energy on current and formerly contaminated lands, landfills, and mine sites.
EPA

EPA Provides $47.7 Million Loan to the Metropolitan St. Louis Sewer District for Water...

The U.S. Environmental Protection Agency (EPA) announced a $47.7 million Water Infrastructure Finance and Innovation Act (WIFIA) loan to the Metropolitan St. Louis Sewer District in Missouri to help finance its Deer Creek Sanitary Tunnel and Sanitary Relief project.
Indiana Family Dollar

The Boulder Group Arranges Sale of Net Leased Indiana Family Dollar

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Family Dollar located at 1320 Vann Avenue in Evansville, Indiana for $616,216.
Walgreens Houma

Hanley Investment Group Arranges Sale of Walgreens for $5.8 Million

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 has completed the sale of a single-tenant Walgreens property located in Houma
Meridian Torrance

Meridian Acquires Vacant 26,000 SF Medical Office Building in Torrance

Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the firm has closed escrow on the purchase of a 26,000-square-foot medical office building in Torrance, California.
National Real Estate Investor

The Retail Net Lease Sector Begins to Show Slights Signs of Wear

Cap rates for retail net lease properties continued ticking upward in the third quarter of 2018, but only slightly. The average cap rate for single-tenant net lease assets in the retail sector increased
ABC National

Contractors Lose Confidence in Q3 but Remain Upbeat, According to ABC’s Latest Construction Confidence...

While construction industry leaders remained confident in the third quarter of 2018, optimism slipped relative to the second quarter, according to the latest Construction Confidence Index released today by Associated Builders and Contractors.
MBA

Mortgage Applications Decrease in Latest MBA Weekly Survey

Mortgage applications decreased 5.8 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending December 14, 2018.
NAR

Existing-Home Sales Increase for Second Consecutive Month

Existing-home sales increased in November, according to the National Association of Realtors®, marking two consecutive months of increases. Three of four major U.S. regions saw gains in sales activity last month
NAR

Second Century Ventures Acquires Assets from Elmspring, Expands REach® Accelerator Program

Second Century Ventures, the National Association of Realtors®’ strategic investment arm has acquired certain assets of the Elmspring accelerator, a venture accelerator founded in 2014 by Adam Freeman and Tom Bretz, that invests in technology startups who aim to disrupt the real estate and housing industry.
Mayor Muriel Bowser

Mayor Bowser Celebrates a Family of Eight Securing Long-Term Housing in “A Home for...

On Wednesday, December 19, at 12 pm, Mayor Bowser will stand with a family of eight as they sign their lease to secure long-term housing in time for the holidays. This signing marks the mid-way point in the Mayor’s annual “A Home for the Holidays” campaign, which focuses attention on placing hundreds
Winner-1stPlace-BHGRE-RelinacePartners

Winning Photos Share the Joy in the “Art of Living Better”

What started as a simple employee photo contest at Better Homes and Gardens Real Estate Reliance Partners in its East Bay region quickly became a celebrated event. Its real estate agents and staff submitted more than a hundred pictures capturing “heartwarming moments in time” as part of its “Art of Living Better” contest.

Beginner’s Guide to Project Management Software for Construction

The Project Management Institute (PMI) defines project management as the art of directing and coordinating human and material resources throughout the life of a project by using modern management techniques to achieve predetermined objectives of scope, cost, time, quality, and participating objectives. This definition can be applied construction project management as well, as the construction project manager uses the same concepts, applying it in the construction set.
NAHB

Single-Family Starts Drop in November as Builders Face Affordability Concerns

Rising housing affordability issues continue to hinder single-family production even as total housing starts increased in November. According to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department, overall housing starts rose 3.2 percent in November to a seasonally
Mayor Muriel Bowser

Mayor Bowser Delivers More Senior Affordable Housing and Retail to Southwest at Kickoff of...

Mayor Bowser kicked off the second phase of construction at 555 E Street, SW, delivering additional senior affordable housing, a hotel, and retail space near the Southwest Waterfront neighborhood in Ward 6. In 2015, the Mayor cut the ribbon on the first phase of the project just one block away at 400 E Street, SW, another mixed-used development that included Engine Company 13 and the Hyatt Place hotel
NHC

NHC’s statement on HUD leadership changes

“Pam Patenaude has been a dynamic and effective deputy secretary, which is one of the most important housing positions in any administration,” said NHC President and CEO David M. Dworkin. “She has been a passionate advocate for relief efforts in Puerto Rico, and a key voice on behalf of housing within the Trump administration.”
IBTS

Building Resilient Communities: Federal, State, and Local Officials Convene to Discuss Resilient Housing

The Institute for Building Technology and Safety (IBTS), in partnership with the National Governors Association (NGA), will host a roundtable event in Washington, D.C. focused on best practices to improve housing resilience before and after a natural disaster.
NYU Furman Center

Report: NYCHA’s Outsized Role in Housing New York’s Poorest Households

New York
A new fact brief by the NYU Furman Center outlines the critical role the New York City Housing Authority (NYCHA) plays in providing stable housing for the city’s poorest households. In 2017 over 60 percent of the roughly 174,000 households in NYCHA’s public housing developments earned 30 percent of Area Median Income (AMI) or less. That translates to just $28,600 annually for a family of four.
NAR

Realtors® Reassert Role as Leader in Blockchain Technology Education

The National Association of Realtors® unveiled a Blockchain Guidance paper on Wednesday afternoon during a webinar designed to keep real estate at the forefront of conversations surrounding the emerging technology. Although blockchain usage is not yet widely prevalent in the industry, NAR has worked to proactively educate state and local Realtor® associations
NAR

Majority Feel 2018 Fourth Quarter is Good Time to Buy Home, says Realtor® Survey

New findings from a National Association of Realtors® survey show that despite a favorable view on the economy and the direction of home prices, the sentiment on home buying continued to diminish at the close of 2018 – though a majority still think it is a good time to buy. Consumer sentiment about home buying weakened in the fourth quarter with only 34 percent strongly indicating it is now a good time to buy, down from 39 percent in the third quarter and 43 percent one year ago.

Business Real Estate Press Releases

FEMA

FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Houston, Pasadena and Webster for rebuilding tips from mitigation experts.

Recent Gov & Nonprofit Real Estate Press Releases

FEMA

FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Houston, Pasadena and Webster for rebuilding tips from mitigation experts.