Thursday, May 9, 2024

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Fixed Mortgage Rates Reverse Course, Move Higher

Freddie Mac (OTCQB: FMCC) today released the results of itsPrimary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates reversing course and nudging higher for the first time in four weeks.

Energy-Efficient Solutions Help Carnegie Hall Secure LEED Silver Certification

Carnegie Hall, the nearly 125-year old iconic New York City music venue, today announced its award of a Leadership in Energy and Environmental Design (LEED) Silver Certification from the U.S. Green Building Council, making it one of the oldest and most notable buildings to achieve such distinction. This milestone was achieved in part through a close collaboration with Siemens, which was enlisted as one of Carnegie Hall's technology partners to modernize almost 165,000 square feet of non-performance space.

The Boulder Group Arranges Sale of Net Leased OfficeMax Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant OfficeMax property located at 200 Riverside Drive in East Peoria, IL for $2,800,000. The 1.86 acre OfficeMax property is centrally located within Peoria’s primary retail area that is anchored by Bass Pro Shops, Walmart Supercenter, Lowe’s, Costco, Target, Kohl’s and Gordmans

Consumers Energy Names New Lakeshore Area Manager

A Muskegon County native who has served in a variety of West Michigan public sector leadership roles has joined Consumers Energy as its new lakeshore public affairs area manager.

C&W Announces Nearly 400,000 SF in June Transactions

Cushman & Wakefield today released its June 2015 transaction report documenting nearly 400,000 square feet of commercial real estate transactions. The details of these transactions can be found below.

Planet Home Living Announces the First Phase of New Homes Now Selling in Popular...

Planet Home Living has just announced the highly anticipated first phase release at its newest neighborhood in Eagle Rock. PRISM is a limited collection of 15 single-family detached, new homes in Eagle Rock, just north of downtown Los Angeles. The initial offering includes five homes with prices starting at $640,000. Planet Home Living collaborated with award-winning national architecture firm KTGY Architecture + Planning to achieve its sleek, modern design.

Landzilla.com Announces the Launch of Their New Website Offering Recreational Land for Sale

Local business Landzilla.com is pleased to announce the launch of their new full-service website, which offers listings of affordable parcels of recreational land for sale throughout the United States. The website allows customers to shop for land by state, type of land desired, or pricing, and is live and fully operational immediately.

New Institute Workshop Series Focuses on Improving Cybersecurity of DoD Facilities

Over the past several years, the nation’s communities have seen an increasing shift to “smart buildings” that use internet-enabled wireless technology to control building-related systems. Such trends also are being seen in U.S. military facilities. In early 2015, following the release of a Government Accountability Office (GAO) report that called attention to building-related cyber risks, the House Armed Services Committee approved legislative language requiring the U.S. Department of Defense (DoD) to perform a cyber-vulnerability study as part of its fiscal year 2016 defense authorization bill.

RE/MAX Selects Camp + King as Ad Agency

Global real estate franchisor, RE/MAX, has selected Camp + King to lead the creative execution of its advertising and integrated marketing efforts in 2016. The San Francisco-based advertising agency won the job after an extensive selection process and has already begun initial design work for the new campaign.

On Aug. 11 (8-11), Consumers Energy Reminds Homeowners to Call MISS DIG in Advance...

With damages up nearly 20 percent in 2015, Consumers Energy remindsdo-it-yourself homeowners that August 11 (8-11) should provide an important reminder to call MISS DIG at 8-1-1 to have underground utilities marked at no cost before digging.

NEW EYE ON HOUSING AND THE ECONOMY: Introducing the BuildZoom & Urban Economics Lab...

BuildZoom, the intelligent marketplace for remodeling and construction services, launched today The BuildZoom & Urban Economics Lab Index, a new set of residential construction and remodeling indices. The Index shows that in contrast to the tepid recovery of new home construction, the remodeling of existing homes has surpassed its pre-crisis level.

Advanta IRA Hosts Popular Nationwide Webinar: The Power of Self-Directed Roth IRAs

A Roth IRA is a retirement account that allows for post-tax contributions, providing tax-free growth of all earnings. Advanta IRA Services is holding a webinar on August 13 for individuals to learn more about how self-directed Roth IRAs can be beneficial in building wealth for retirement.

San Diego Real Estate Expert Comments on Data Predicting Steady Industry Growth Through 2017

According to new data from the Urban Land Institute (ULI) Center for Capital Markets and Real Estate, the results of a three year forecast predict sustained, solid real estate market growth through 2017. The survey included 43 of the real estate industry’s top economists and analysts, representing at least 32 top nationally ranked real estate investment, advisory, and research groups

Coldwell Banker Real Estate and CNET Survey Finds Americans Ready for the Smart Home

The smart home is here to stay. A survey of U.S. adults by Coldwell Banker Real Estate LLC, the original Silicon Valley real estate start-up founded in 1906, and CNET, the world's largest and most trusted online source of consumer technology news and reviews, found that Americans are already embracing the smart home with 28 percent owning at least one smart home product and almost half of Millennials (ages 18 to 34) adopting the technology.

RE/MAX Brokers Set Plans in an Improving Market

Nearly 1,000 top RE/MAX brokers are in Boston for their annual Broker/Owner Conference. Beginning this morning, the conference has a full schedule of events with presentations from company executives and the real estate industry’s leading speakers, coaches and technology gurus.

The Modular Building Institute August 2015 Building of the Month: Mojave Solar Project

The Modular Building Institute (MBI) has recognized Universal Modular Building Solutions’ Mojave Solar Project Administration & Control Buildings as the August 2015 Modular Building of the Month. This project also won first place in the Permanent Special Application category at MBI’s annual Awards of Distinction, which are recognized at the association’s annual conference and expo, World of Modular.

Home Innovation to Study Mineral Fiber Batts Life Expectancy

Home Innovation Research Labs needs samples of exterior wall batt-type materials (excluding acoustical insulation) for a life expectancy research study that will assess the physical condition and thermal property of in situ wall insulation. The research study will include fiberglass and rock wool (stone wool) batts that have been in service for at least 30 years.

Rohnert Park Health Center Celebrates Grand Opening

Rohnert Park Health Center will hold its Grand Opening Celebration and Ribbon Cutting on August 12 , during National Health Center Week. The celebration will be hosted by both the health center and the building owner, Meridian, and will feature keynote speaker Senator Ricardo Lara, the author of SB4, the Health for All Act.

Freddie Mac Prices $471 Million Multifamily K-Deal, K-719

Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates) which are backed by fixed-rate multifamily mortgages with 7-year terms. The company expects to issue more than $471 million in K-719 Certificates, which are expected to settle on or about August 19, 2015. This is the company's fifteenth K Certificates offering this year.

Global Aviation Services Company to Bring 127 New Jobs to High Point

Governor Pat McCrory, N.C. Commerce Secretary John E. Skvarla, III and the Economic Development Partnership of N.C. announced today that HAECO Americas’ aircraft interiors unit HAECO Cabin Solutions will expand in Guilford County and plans to create 127 new jobs over the next five years. The company plans to invest $11.3 million in the city of High Point over the same period.

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.

Recent Gov & Nonprofit Real Estate Press Releases

MHP Launches Bold Campaign to Double Affordable Housing

Nonprofit affordable housing developer MHP has officially launched a bold new $20M campaign to double its impact by the end of the decade, activating a plan to expand and preserve more affordable housing in Montgomery County, MD and across the DMV. As of today, MHP has raised $15.8M, 79% of its goal.