The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau today jointly announced the following new residential sales statistics for January 2017
Sales of newly built, single-family homes rose 3.7 percent in January to a seasonally adjusted annual rate of 555,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau
Hanley Investment Group Arranges Purchase of New Two-Tenant Net-Lease Investment in Reno, Nev. for...
Hanley Investment Group, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm arranged the purchase of a new construction two-tenant net-lease retail investment in Reno, Nev. The 7,624-square-foot building is located at 6350 S. Virginia Street and is occupied by Jos. A. Bank and Sleep Number. The purchase price was $4.9 million, which represented a cap rate of 6.48 percent
Real estate lenders will explore ways to broaden their competitive edge and enhance their lending potential at the American Bankers Association’s Real Estate Lending Conference in Orlando, March 29-31.
The Solar Energy Industries Association (SEIA) has hired Dana Sleeper to lead the trade association’s new external affairs operation. As director of external affairs, Sleeper will work with a diverse set of existing and potential partners in a role well-aligned with her skills. In this capacity, she will enhance coordination among stakeholders with an interest in seeing solar expand the role it is playing in America’s economic growth.
A decade after the National Institute of Building Sciences established the High Performance Building Council (HPBC), the Institute’s Board of Directors has voted to successfully sunset the program.
Wood Group PSN Inc., a Nevada corporation headquartered in Houston, Texas, was ordered to pay $9.5 million today in two separate cases involving their conduct in the Gulf of Mexico. Specifically, Wood Group PSN was ordered to pay $7 million for falsely reporting over several years that personnel had performed safety inspections on offshore facilities in the Gulf of Mexico in the Western District of Louisiana, and $1.8 million for negligently discharging oil into the Gulf of Mexico in violation of the Clean Water Act after an explosion on an offshore facility in the Eastern District of Louisiana, announced Acting Assistant Attorney General Jeff Wood of the Justice Department’s Environment
The Multifamily Production Index (MPI), released today by the National Association of Home Builders (NAHB), posted a gain of two points to 55 in the fourth quarter. The MPI has been at 50 or above for five straight years.
Four longtime members of the National Association of Home Builders (NAHB) were inducted recently into the Society of Honored Associates, a lifetime award intended to distinguish those members who have made invaluable contributions to the building industry. The prestigious award is given to Associate members who are chosen as finalists for the Associate of the Year Award
Steered ahead by strengthening demand in smaller markets, the commercial real estate sector should remain on stable ground in 2017 and offer decent returns for investors, according to the latest National Association of Realtors® quarterly commercial real estate forecast.
The final defendant in an alleged mortgage relief scam that preyed upon distressed homeowners will be banned from selling mortgage or debt relief services under a settlement with the Federal Trade Commission.
The Trump administration’s stumbling and reckless approach to U.S.-Mexico relations could have profound and damaging side effects on water security in the American West, according to a new study from the Center for American Progress
Teams from Carnegie Mellon University, Université Laval in Quebec, the University of Maryland, and the University of Texas at Austin have been selected as the four finalists for the 15th annual Urban Land Institute (ULI) Hines Student Competition, an ideas competition that provides students the opportunity to devise a comprehensive design and development scheme for an actual, large-scale site in an urban area. The four teams are advancing to the final round of the competition in April, where they will compete for a $50,000 first place prize.
On Friday, February 17, 2017, Natural Resources Committee Chairman Rob Bishop (R-UT), Energy and Commerce Committee Chairman Greg Walden (R-OR) and Transportation and Infrastructure Committee Chairman Bill Shuster (R-PA) sent a letter to Acting Administrator McCabe at the Environmental Protection Agency (EPA) requesting an extension to the comment period for the proposed rule, “Financial Responsibility Requirements Under CERCLA §108(b) for Classes of Facilities in the Hardrock Mining Industry,” that was published in the Federal Register on January 11, 2017.
National business groups representing the range and breadth of clean energy companies in the United States cheered government statistics showing their industries support more than 3 million American jobs – equal to the employment of retail stores across the country, and twice as many jobs as involved in construction of buildings. This is based on 2016 data recently released by the U.S. Department of Energy (DOE) in its second annual U.S. Energy and Employment Report.
Existing-home sales stepped out to a fast start in 2017, surpassing a recent cyclical high and increasing in January to the fastest pace in almost a decade, according to the National Association of Realtors®. All major regions except for the Midwest saw sales gains last month.
Associated General Contractors of America to Push for Swift Confirmation So He Can Focus on Rolling Back Needless Regulatory Burdens. The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement today on the nomination of Alexander Acosta to serve as U.S. Secretary of Labor
Statement from NAHB Chairman Granger MacDonald on Congressional Effort to Overturn OSHA Recordkeeping “Volks”...
Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, today issued the following statement regarding the joint resolution of disapproval introduced today to overturn OSHA’s recordkeeping rule known as the “Volks” rule
Hanley Investment Group, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that in separate transactions Hanley Investment Group's Executive Vice President Eric Wohl served as advisor in bringing the buyer and seller together in the sale of five shopping centers owned by Cincinnati, Ohio-based firm Phillips Edison & Company, one of the nation’s largest owners and managers of grocery-anchored shopping centers. The buyer was Albanese Cormier Holdings, a commercial real estate investment company based in Beaumont, Texas
Unico, Inc., maker of small-duct heating and air conditioning systems, has launched a major partnership with the National Association of the Remodeling Industry (NARI), the largest and most prominent professional organization for remodeling companies. The partnership will focus on collaborating with remodeling contractors who face the challenges of adding central air in older homes, as well as options for home additions that would be impossible to design with conventional HVAC systems.
International award-winning KTGY Architecture + Planning announced today that Manny Gonzalez, FAIA, LEED AP, managing principal of the firm’s Los Angeles office, will serve as keynote speaker for a live webcast scheduled to air on February 22, 2017, at 3:00 p.m. ET on MultifamilyBiz.com, the largest media platform in the multifamily housing industry.
The Senate voted to approve President Trump’s nomination of Oklahoma Attorney General Scott Pruitt to head the Environmental Protection Agency. Environment America’s Executive Director, Margie Alt, issued the following statement in response
Congresswoman Eleanor Holmes Norton (D-DC) said that the District of Columbia’s medical aid-in-dying bill, the Death with Dignity Act, will take effect tomorrow, Saturday, February 18, 2017. Under the Home Rule Act, D.C. bills take effect upon the expiration of a congressional review period, unless a joint resolution disapproving a bill is enacted into law during the review period. The Death with Dignity Act was transmitted by the D.C. Council to the House and Senate on January 6, 2017, for a 30-legislative-day review period.
In an instant for so many in Birmingham, Christmas Day 2015 turned into a nightmare as residents dealt with the safety of loved ones and lost property following a violent tornado.
Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, today issued the following statement regarding the Senate confirmation of Oklahoma Attorney General Scott Pruitt to lead the Environmental Protection Agency (EPA)
USGBC released its LEED in Motion: Venues report, which highlights the efforts of convention centers, sports venues, performing arts centers, community centers and public assembly spaces to transform their environmental, social and economic footprint through LEED certification. The report showcases some of the most impressive green venues around the world.
Capital Impact Partners Advances Its Work in Providing Access To Healthy Food, Quality Education,...
Capital Impact Partners announced today that it financed projects in underserved communities across fives states including California, Michigan, Minnesota, New Hampshire, and Texas. Notable in this effort are deals that increased healthy food access, scaled cooperative efforts, and broadened and deepened the organization’s presence in Texas. Other enterprises supported by the organization included affordable housing, health care, and dignified aging facilities. This work is expected to create more than 275 permanent and 400 construction-related jobs, further providing help to those who live in the communities Capital Impact serves.
The National Association of Home Builders awarded Habitat for Humanity with the Judges Special Recognition Award during the annual SAFE awards reception at the 2017 International Builders Show in Orlando.
The National Institute of Building Sciences Building Seismic Safety Council (BSSC) will host the second webinar in its 2017 series sponsored by the Federal Emergency Management Agency (FEMA). The free webinar, “Seismic Design of Precast Concrete Structures,” will be held Friday, March 17, 2017, from 2:00 pm to 3:00 pm ET (11:00 am to 12:00 pm PT).
Existing-home sales are forecast to expand 1.7 percent in 2017, but a new housing affordability model created jointly by the National Association of Realtors® and realtor.com®, a leading online real estate destination, operated by operated by News Corp [NASDAQ: NWS, NWSA]; [ASX: NWS, NWSLV] subsidiary Move, Inc., suggests homebuyers at many income levels could see an inadequate amount of listings on the market within their price range in coming months