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Copiague Commons

COPIAGUE COMMONS EARNS SMART GROWTH AWARD

Conifer is delighted to announce that Copiague Commons, a brand new development currently under construction, was awarded with VISION Long Island’s Smart Growth Award.

KTGY-designed Downtown Fremont’s First Mixed-use Development Breaks Ground

Award-winning international firm KTGY Architecture + Planning announced today that the City of Fremont recently celebrated the groundbreaking of Locale @ State Street, Downtown Fremont’s first mixed-use project. The new transit-oriented residential and retail development, designed by KTGY, was made possible through a public/private partnership between the City of Fremont, TMG Partners, SARES-REGIS Group, and Summerhill Homes.

Cantwell Releases New Research on Economic Benefits from Energy Efficiency in Pacific Northwest

In a speech at the National Press Club, Ranking Member of the U.S. Senate Committee on Energy and Natural Resources U.S. Senator Maria Cantwell (D-Wash.) called for the development of policies that promote and accelerate energy efficiency and smart buildings, in light of new research demonstrating the energy savings that come from investing in energy efficiency technologies

Three Real Estate Investor Groups Receive “Awards of Excellence” at NREIA’s MidYear Conference

The National Real Estate Investors Association (NREIA) announced this week that three of its chapters received an “Award of Excellence” at their annual MidYear meeting, which took place last weekend in Atlanta, GA.  Awards were given for outstanding efforts in six major categories (Government Affairs, Community Service, Communications, Membership, Education and Strategic Industry Partners Marketing.  Three chapters (one from each size group; Small, Medium and Large) received an award.

ROEM Builds 200 New Affordable Homes at 295-acre Hitachi Master-Planned Community in San Jose,...

With the near completion of 200 new, affordable housing homes, the $46 million Charlotte Park Apartments in San Jose, Calif., is a great example of ROEM’s expertise in building a high quality affordable residential rental community located within a market-rate development. In this case, ROEM Corp. satisfied most of the affordable housing requirement of the Hitachi master-planned community, with ROEM Builders, Inc., acting as both general contractor and construction manager

The Boulder Group Arranges Sale of Single Tenant Net Leased Walgreens

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 1855 Hudson Bridge Road in Stockbridge, Georgia for $5,020,000.

LBG REAL ESTATE COMPANIES Completes Sale of Single-Tenant Home Depot in Henderson, NV for...

LBG REAL ESTATE COMPANIES, LLC (LBG), a Southern California-based investor in retail real estate, in partnership with Aviva Investors Real Estate Capital Partners I-A, LP, announce that they have completed the sale of a prime, single-tenant net-lease property in Henderson NV to an undisclosed buyer at a sale price of $23,162,717. The sale of the property was brokered by Chris Kostanecki and Dave Lucas of Capital Pacific in Las Vegas, NV

Industry Experts Discuss Real Estate Trends During KTGY Leadership Series Event

International award-winning firm KTGY Architecture + Planning recently held an invite-only KTGY Leadership Series event with real estate experts Doug Bibby, president of National Multifamily Housing Council (NMHC), and John McManus, editorial director of Hanley Wood, with Rohit Anand, AIA, managing principal of KTGY’s East Coast office, as the moderator. The event, which was held at KTGY’s new offices at 8609 Westwood Center Drive, Suite 600, Tysons, VA 22182, was attended by some of the region’s top builders and developers.

Real Estate Investing: Why Now’s the Time

The real estate market can best be described as the land of opportunity. Unfortunately, it’s often feast or famine for anyone who decides to invest in it. When the market is down, there aren’t that many opportunities, but these opportunities become far more plentiful for everyone involved each time there’s an upswing in market activity

Mercy Loan Fund Reaches $2B Mark in Development Costs Leveraged

Mercy Loan Fund (MLF), a leading Community Development Financial Institution (CDFI) based in Denver, Colo., announced that it has reached a historic milestone: $2 billion leveraged in development costs.

KTGY Architecture + Planning Unveils Design for Retailer Expansion at SouthBay Pavilion

International award-winning firm KTGY Architecture + Planning today unveiled the design for Vintage Real Estate’s retailer expansion at SouthBay Pavilion, a 1.2 million-square-foot enclosed shopping center in Carson, California.

CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of High Quality Retail Center...

CBRE Executive Vice President Philip D. Voorhees and Jimmy Slusher announced today that the National Retail Investment Group – West (NRIG-West) team completed the sale of The Terrace, a two-level, 39,634-square-foot shopping center with structured parking in the city of Newbury Park, Calif. Leased to a complementary mix of 12 restaurant, retail and athletic-focused uses, tenants at The Terrace include: Orangetheory Fitness, Hot Yoga 1000, Road Runner Sports, Bottle and Pint, and others.

Kilmer Announces Federal Investment in Road to Popular Mason County Recreation Area

Representative Derek Kilmer (D-WA) announced that the US Forest Service will receive future federal funding to make Staircase Road, a key access point in Mason County to Lake Cushman and Olympic National Park, more safe and reliable for homeowners and visitors. The Federal Highway Administration has approved an award to the US Forest Service (USFS) of up to $2.5 million to make long-term improvements to Staircase Road under the Federal Lands Transportation Program

Hanley Investment Group Negotiates Sale of Target-Anchored Shopping Center for $8.57 Million

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that President Ed Hanley and Senior Vice President Kevin Fryman represented the buyer and seller in the sale of Seven Trees Shopping Center, a 150,338-square-foot Target-anchored shopping center in San Bernardino, Calif. The sale price was $8.57 million.

The Boulder Group Publishes Net Lease Casual Dining Research Report

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 Casual Dining Market

Real Estate Industry Leader Jeanne R. Myerson Named Chief Executive Officer of ULI’s Americas...

Real estate industry leader Jeanne R. Myerson, principal at The Belgrave Group in San Francisco, has been named chief executive officer for the Americas region of the Urban Land Institute (ULI), an interdisciplinary research and education institute dedicated to leadership in land use and creating thriving communities worldwide. Myerson, an active ULI San Francisco member, will join ULI’s staff as Americas CEO on June 28, 2016.

OPIC, REPP SIGN AGREEMENT IN SUPPORT OF RENEWABLE ENERGY PROJECTS IN SUB-SAHARAN AFRICA

The Overseas Private Investment Corporation (OPIC), the U.S. government’s development finance institution, and the Renewable Energy Performance Platform (REPP) have announced an agreement to facilitate cooperation on renewable energy projects in Sub-Saharan Africa.

KTGY-Designed Kapolei Lofts Wins Two NAIOP Hawaii Awards

International award-winning firm KTGY Architecture + Planning is pleased to announce that Kapolei Lofts in West Oahu, Hawaii, received two Awards of Excellence during the NAIOP Hawaii’s 19th Annual Kukulu Hale Awards ceremony held recently at the Royal Hawaiian Hotel in Oahu. Developed by Forest City Hawaii and designed by KTGY, Kapolei Lofts won the Green Building Award and New Project Award – Commercial/Other Over 40,000 SF. The NAIOP Hawaii’s Awards of Excellence program recognizes accomplishments in Hawaii’s commercial real estate industry, including recognition for new and renovated commercial and public projects statewide.

Just Listed: Historic Landmark Multi-Tenant Retail Center in SoCal’s Inland Empire for $28.6M

Progressive Real Estate Partners and Hanley Investment Group announced today the for-sale listing of Thomas Winery Plaza, a 99,808-square-foot historic landmark shopping center for $28.6 million ($287 psf). The center is located at the northeast corner of Foothill Blvd. (Historic Route 66) and Vineyard Avenue in Rancho Cucamonga, Calif., and is the site of California's oldest winery established in 1839.

CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of Community Center in Tacoma,...

CBRE Executive Vice President Philip D. Voorhees announced today that he and the National Retail Investment Group – West (NRIG-West) team completed the sale of Lincoln Plaza, an 80,922-square-foot community shopping center in the city of Tacoma, WA, leased to a complementary mix of retail, service and restaurant tenants including Big 5, Jared The Galleria Of Jewelry, Men’s Warehouse, Skechers, Starbucks, Wingstop, Sprint and others. The sale price was $26.7 million. The property was approximately 95% occupied at the time of sale.

Recent Gov & Nonprofit Real Estate Press Releases

Young, Colleagues Introduce Legislation to Repeal Burdensome Federal Housing Mandates

U.S. Senator Todd Young (R-Ind.) joined a group of Republican colleagues inintroducing legislation to eliminate expensive Biden-era Green New Deal housing mandates. The HOUSE Act would repeal the Department of Housing and Urban Development (HUD) and U.S. Department of Agriculture (USDA) Final Determination on energy efficiency standards for new construction of HUD-and-USDA-financed housing.