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House Democratic Whip Steny H. Hoyer (MD) released the following statement today in opposition to House Republicans' Energy and Water appropriations bill

Hanley Investment Group, a nationally-recognized boutique real estate brokerage and advisory firm specializing in retail property sales, announced today that Hanley Investment Group's President Ed Hanley arranged the sale of a 59,500-square-foot Best Buy, located in Boca Raton, Florida, in an off-market transaction. The single-tenant triple-net leased property located on 4.7 acres sold for $11.5 million. The buyer, Magi Henderson LLC, has ties to Santa Monica, California-based Pacific Star, a real estate investment trust. The seller, Palmer Chicago Investment Company, a California general partnership, is affiliated with Black Equities Group of Beverly Hills, Calif.

The bill would alter the Foreign Investment in Real Property Tax Act of 1980 which requires foreign investors to pay taxes on profits earned when selling properties or real estate securities in the United States. It also exempts from the FIRPTA tax foreign pension funds investing in commercial real estate.

According to Senior Vice President Jeremy McChesney at Hanley Investment Group, a nationally-recognized boutique real estate brokerage and advisory firm specializing in retail property sales, single-tenant net-leased auto parts stores are a viable alternative retail investment to fast-food and bank single-tenant net-leased investments

The events provide an opportunity for SEC staff to share information about risks, priorities, and deficiencies observed in examinations or investigations and to discuss how senior executives and compliance professionals have addressed such matters.

A host of major forces — global, national, and local — are operating as change agents to affect commercial real estate in the United States and Canada. Peter C. Burley, CRE, FRICS, of Realtor University, spearheaded the research collected from members of CCIM, the Canadian Real Estate Association, National Association of Realtors, and Institute of Real Estate Management to develop the new report “Cross Border Demand & Investment /Shifting Office Space Demand.” CCIM members can download a free copy of the report (PDF).

Freddie Mac (OTCQB: FMCC) Multifamily today announces a significant milestone -- it has securitized more than $100 billion of multifamily mortgages through its innovative K-Deal program. By laying off the vast majority of the expected credit losses of the underlying loans to private capital markets, K-Deals reduce the company's credit exposure and taxpayer risk.

The summary, available on the company's website at www.FreddieMac.com/investors/volsum, provides information on Freddie Mac's mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments

NAI Capital today announced that NAI Capital's CEO, Tim Foutz, was voted onto to the NAI Capital Board of Directors. Tim Foutz was named CEO of NAI Capital in March, 2015 and will join the five member board.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net lease Dollar General Plus property located at 2091 Chapel Hill Road in Burlington, NC for $2,400,850. Dollar General Plus locations are larger than traditional Dollar General stores and have more coolers/freezers to keep more perishable items in stock.

The following is a statement by National Association of Realtors® President Chris Polychron, executive broker with 1st Choice Realty in Hot Springs, Ark., in support of legislation to ease regulatory burdens on mortgage lending:

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Citibank retail condominium located at 136 North York Road in Elmhurst, IL for $3,118,500.

Once again tax day has rolled around, and many commercial real estate investors wonder if their tax bill was higher than necessary for 2014. For a happier April 15, 2016, tax attorney and real estate broker Mark Levine, CCIM, PhD, JD, LLM (Tax), has advice on ways commercial real estate pros – and their clients – can save money on taxes throughout 2015

Earning the CCIM, or Certified Commercial Investment Member, designation sets commercial real estate brokers and investors apart from their peers, while obtaining a master’s degree in real estate distinguishes individuals in the field. Now the Florida CCIM Chapter and the University of Central Florida are launching a pilot program that connects academic theory with current industry practice, and ethical and professional standards. This combination provides students with a strong foundation for both advanced investment analysis and real world portfolio management skills

As the housing recovery continues, homeowners investment in their kitchens and bathrooms remains a key focus. Kitchens in particular have solidified their standing as the center of operations within the home. Residential architects also report very healthy business conditions at their firms

Last week, Representative Keith Ellison (D-MN) introduced H.R. 1662, the Common Sense Housing Investment Act, which would replace the mortgage interest deduction with a 15 percent flat rate tax credit on interest paid on mortgages up to $500,000. The tax credit would be available to all homeowners, regardless of whether they claim the standard deduction or itemize their tax deductions

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant trophy Walmart ground lease located at 5630 West Touhy Avenue in Niles, IL for $9,685,000. The property was sold at the lowest cap rate ever recorded for a single tenant Walmart property transaction above $5 million according to Real Capital Analytics

Vacation home sales boomed in 2014 to above their most recent peak level in 2006, while investment purchases fell for the fourth straight year, according to an annual survey of residential homebuyers released today by theNational Association of Realtors

Energy efficiency investments are risky – weather, technology performance, future prices and other factors typically result in conservative investment decisions – most investments must provide 2 or 3 year paybacks to be approved. However, this approach leaves literally billions of dollars in profitable energy savings on the table

Agriculture Secretary Tom Vilsack today announced the award of $31 million in loans and grants for organizations in 12 states to promote rural economic development.