Property, Rentals, Transactions

Property, Rentals, Transactions
Dollar General - Bethany

The Boulder Group Arranges Sale of a Single Tenant Net Leased Dollar General Portfolio

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Dollar General portfolio consisting of two properties located in Missouri for $2,625,000.
Romeoville

The Boulder Group Arranges Sale of a Net Leased Chipotle, Dunkin’ Donuts & Sleepy’s...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a three-tenant net leased center located at 253 South Weber Road in Romeoville, IL for $4,200,000. Romeoville is located within the Chicago MSA

Existing-Home Sales Ascend Again in June, First-time Buyers Provide Spark

Boosted by a greater share of sales to first-time buyers not seen in nearly four years, existing-home sales maintained their upward trajectory in June and increased for the fourth consecutive month, according to the National Association of Realtors®. Only the Northeast saw a decline in closings in June, and sales to investors fell to their lowest overall share since July 2009.

FHA Issues Guidance on Insuring Properties with PACE Assessments

On July 19, the Federal Housing Administration (FHA) issued a mortgagee letter clarifying the conditions in which it will insure mortgages on properties that have Property Assessed Clean Energy (PACE) assessments. While PACE structures vary, states generally treat PACE assessments on properties as they do other special assessments, such as property taxes. Under this structure, the owner of the property with a PACE assessment pays off the obligation to the local government, not the party who provided funding for the improvements
Pad to Stater Bros - Starbucks

Hanley Investment Group Completes Starbucks-anchored Pad Building in Chino for $3.15 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 Executive Vice President Bill Asher completed the sale of a Starbucks-anchored multi-tenant pad building located at the Stater Bros. Plaza in Chino, Calif. The sale price of $3,153,000, represented an all-time record low cap rate of 4.37% and record high price per square foot of $808 for a multi-tenant retail building in San Bernardino County since 2006, according to CoStar.

New Home Construction Has Timberland Prices Trending Upward

REALTORS® Land Institute member Bob King, ALC, Owner/Broker, United Country Land & Lifestyle Realty in Anderson, South Carolina, stated that “Timberland prices will be trending upward as an increase in new home construction drives up softwood sawtimber prices. Timberland prices will also be rising as more recreational land buyers come back into the market.”

NAR-backed Condo Legislation Passes U.S. Senate, Offers Relief for Homebuyers

The U.S. Senate tonight passed H.R. 3700, the "Housing Opportunity Through Modernization Act," by unanimous consent. This legislation includes reforms to current Federal Housing Administration restrictions on condominium financing, among other provisions, and is long supported by the National Association of Realtors

Highland is sued for attempting warrantless snooping on rental property

The City of Highland is violating fundamental constitutional rights by trying to coerce landlords and tenants into surrendering their freedom from unjustified, warrantless government intrusion on their property.

John Burns Real Estate Consulting Experts State “Big Shifts Ahead” for Washington DC Market...

International award-winning firm KTGY Architecture + Planning recently hosted an invite-only event for John Burns Real Estate Consulting (JBREC) Principal Mollie Carmichael and Senior Vice President Dan Fulton. Carmichael and Fulton presented findings from JBREC's survey of over 21,000 home shoppers nationally, and JBREC's housing market outlook for the Washington, DC region and beyond. Rohit Anand, AIA, managing principal of KTGY’s East Coast office, offered his comments as well.

AFFORDABLE SENIOR HOUSING IN WEBSTER NOW LEASING

Conifer is pleased to announce that, in partnership with Volunteers of America Upstate New York (VOAUPNY), a brand new, 60-unit, senior apartment community is now leasing in Webster!

Hanley Investment Group Completes Sale of Grocery-anchored Shopping Center in Mendocino County

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 completed the sale of Ukiah Crossroads, a 98%-occupied, 106,460-square-foot grocery-anchored shopping center located in Mendocino County, Calif. The purchase price was $15.1 million.
Family Dollar PR

The Boulder Group Arranges Sale of Triple Net Leased Family Dollar

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Family Dollar located at 19132 State Route 52 in Metamora, IN for $1,465,000.

International Home Sales Dollar Volume Retracts in U.S., Chinese Lead Purchases

Waning economic growth in many countries and higher home prices further enhanced by a strengthening U.S. dollar resulted in a slight decline in international sales dollar volume of U.S. property over the past year and a significant retreat in buying from non-resident foreigners

Video spotlights Murr family’s High Court fight for property rights

A new video from Pacific Legal Foundation (PLF) tells the story of the Murr family, who have fought all the way to the U.S. Supreme Court to stop bureaucrats from robbing them of a family legacy — a vacant parcel along the St. Croix River in Wisconsin that their late parents purchased in the early 1960s as a family investment.

The Boulder Group Publishes 2nd Quarter Net Lease Market Research Report

The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the 2nd quarter activity in the National Net Lease Market

REALTORS® to Congress: Flood Insurance Rates Post Threat to Business, Homeownership

Flood insurance costs continue to put small businesses and homeownership at risk, but the National Association of Realtors® told U.S. Senators today that a range of solutions are on the horizon

Eden Housing Celebrates Grand Opening of Affordable Rental Apartment Homes for Farmworkers in Monterey...

On Wednesday, June 29, 2016, the County of Monterey celebrated the grand opening of Camphora Apartments, a development by Eden Housing and South County Housing, in partnership with the County and the City of Soledad. Camphora Apartments is located at 32101 McCoy Road, Soledad, CA 93960

The Boulder Group Arranges Sale of Single Tenant Net Leased Advance Auto Parts

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Advance Auto Parts property located at 1200 West Chicago Avenue in East Chicago, Indiana for $1,530,000. East Chicago is a suburb of Chicago located in Northwest Indiana.

FIFTEEN COMMERCIAL PROPERTIES WIN THE OUTSTANDING BUILDING OF THE YEAR® AWARDS

The commercial real estate industry honored 15 commercial properties with The Outstanding Building of the Year® (TOBY®) Awards last night at the Building Owners and Managers Association (BOMA) International’s annual conference, the 2016 BOMA International Conference & Expo in Washington, D.C. This year marked the 30th anniversary of the awards.

Pending Home Sales Skid in May

After steadily increasing for three straight months, pending home sales let up in May and declined year-over-year for the first time in almost two years, according to the National Association of Realtors®. All four major regions experienced a cutback in contract activity last month

Popular

Affordable Housing Comes to U Street with the Funding of Portner...

On July 7th, the District of Columbia Housing Finance Agency (DCHFA) closed on the financing of an affordable housing development in one the District’s most sought after neighborhoods, the U Street Corridor. The Agency issued $27 million in short term DCHFA tax exempt bonds providing a portion of the funding for the acquisition of Portner Place and construction of Portner Flats (1440-1450 V Street, NW) located in Ward 1, one block west of The Frank D. Reeves Municipal Center at 14th and U Streets, NW

Recent

Dollar General - Bethany

The Boulder Group Arranges Sale of a Single Tenant Net Leased...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Dollar General portfolio consisting of two properties located in Missouri for $2,625,000.