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Property, Rentals, Transactions

The Boulder Group Arranges Sale of Single Tenant Net Lease Dollop Coffee Retail Condominium in Chicago

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net lease Dollop Coffee retail condominium located at 1000 North Damen Avenue in Chicago, IL for $405,000.

The Boulder Group’s Sale of Net Leased LA Fitness Sets Cap Rate Record

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a trophy single tenant LA Fitness property located at 6107 North Broadway in Chicago, IL for $9,500,000. The Boulder Group has once again set a new CoStar record with the closing of this trophy LA Fitness property. According to CoStar, the 5.63% cap rate represents the lowest sold cap rate ever recorded for a single tenant LA Fitness property.

Realtors® Applaud House Passage of “Housing Opportunity Through Modernization Act”

The U.S. House of Representatives voted today to advance legislation that will expand opportunities for homeownership. H.R. 3700, the "Housing Opportunity Through Modernization Act," includes a number of initiatives that have strong support from the National Association of Realtors®, who hailed the vote as important progress for home buyers and sellers.

Meridian Buys Medical Office Building in Pasadena, Calif. for $37.5 Million

Meridian, a full service real estate developer and owner of medical real estate, is pleased to announce that it has closed escrow on the purchase of Cotton Medical Center, a 115,000-square-foot medical office complex in Pasadena, California. The sale price was $37.5 million. This purchase represents the largest building acquisition for Meridian and Meridian’s eighth medical office building transaction in the last 12 months.

The Boulder Group Arranges Sale of Single Tenant Net Leased Florida Walgreens

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 2075 US Highway 1 South in St. Augustine, Florida for $3,150,000.

FHA Cuts Multifamily Insurance Rates for Affordable and Energy-Efficient Housing

January 28, HUD announced that the Federal Housing Administration (FHA) will reduce its multifamily insurance rates to stimulate the production and rehabilitation of affordable rental housing. These rate reductions, effective April 1, will apply to the FHA-HFA Risk-Sharing program and other FHA multifamily housing programs that help finance properties housing low-income families and developments installing energy-efficient systems or building within federal energy guidelines.

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 9300 East Gregory Boulevard in Raytown, Missouri for $6,000,000.

Pending Home Sales Tick Up in December

Pending home sales were mostly unchanged in December, but inched forward slightly, fueled by a large increase in the Northeast that outpaced declines in the other three major regions, according to the National Association of Realtors

The Boulder Group Arranges Sale of Net Lease Fresenius Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Fresenius property located at 300 North 1st Street in Vincennes, IN for $3,795,447.

REALTOR® Magazine Seeks Entries for 2016 Volunteering Works Program

Realtors® not only help their clients achieve the American Dream by helping them buy and sell their homes, they also volunteer countless hours to help improve and develop their communities. For eight years, REALTOR® Magazine's Good Neighbor Society has helped Realtors® extend and enhance their charitable work through the Volunteering Works grant and mentoring program. The program, which assigns mentors to Realtors® who want to increase and expand their community service outreach, is now seeking entries.

Experts, numbers show optimism for Maine real estate in 2016

The Maine Real Estate & Development Association (MEREDA) hosted a record-breaking 800 attendees earlier this month for the group’s annual Forecast Conference, where about a dozen experts reviewed Maine real estate trends from 2015, and predicted what is in store for 2016. The event, which also included a robust business showcase and was sponsored by TD Bank, proved to be a veritable who’s who of development in Maine. Attendees listened with rapt attention and celebrated the market’s return to pre-recession, 2006 levels.

KTGY-designed 55+ Communities Win Gold from National Association of Home Builders 55+ Housing Council

National award-winning firm KTGY Architecture + Planning is pleased to announce that four KTGY-designed 55+ communities have garnered seven top honors in the National Association of Home Builders (NAHB) 55+ Housing Council’s Best of 55+ Housing Awards competition. The communities that were recognized include a luxury single-family detached residential community, two apartment communities and a contemporary-styled urban village that targets adults 55+.

Planet Home Living’s Model Grand Opening of New Homes in Eagle Rock is Saturday, February 13th

Planet Home Living will unveil a collection of 15 contemporary-style homes at PRISM in Eagle Rock on Saturday, February 13th. These homes offer a unique opportunity for distinguished couples and/or families looking for a modern new home in an established, amenity-rich area

The Boulder Group Arranges Sale of Net Leased CVS Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased CVS property located at 4037 Glenwood Road in Decatur, Georgia for $3,600,000. The 10,125 square foot CVS is located in the Atlanta MSA and was originally constructed in 1999. The property is located just off of the heavily trafficked signalized intersection of Glenwood Road and Columbia Drive.

Federal Home Loan Bank of Dallas Announces 2016 Advisory Council Members

The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce the appointments of Scott Spivey and Felipe Rael to the Bank's 2016 Affordable Housing Advisory Council (Council). Michelle Whetten, Cynthia Griffin, and Deborah Webster were reappointed to the Council. The new member appointments began January 1, 2016 and will serve three-year terms that expire on December 31, 2018.

The Boulder Group Publishes Net Lease Big Box Market 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 Big Box Market

Existing-Home Sales Surge Back in December

Existing-home sales snapped back solidly in December as more buyers reached the market before the end of the year, and the delayed closings resulting from the rollout of the Know Before You Owe initiative pushed a portion of November's would-be transactions into last month's figure, according to the

NAR Tech Edge Ensures REALTORS® Stay Informed of the Latest Tech Tools

Technology has reinvented the way Realtors® conduct real estate transactions and connect with clients, and staying up-to-date on new and emerging technologies is an essential part of the real estate profession. To help Realtors® stay abreast of latest mobile and online technologies, the National Association of Realtors® is continuing its one-day technology conference series, NAR Tech Edge.

New Vision Insurance and Telemedicine Program Available to Realtors

National Association of Realtors® members now have access to two new offerings through the Realtors® Insurance Marketplace; members now have access to Realtors® Vision Insurance plans and Members TeleHealth, a telemedicine service plan

Home Remodeling Activity Looking to Gain Steam Through Mid-Year

Expenditures for home improvements should see healthy gains in 2016, according to the Leading Indicator of Remodeling Activity (LIRA) released today by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.