Yearly Archives: 2016
Federal Financial Institutions Regulatory Agencies Announce Availability of 2015 Small Business, Small Farm, and...
The three federal banking agency members of the Federal Financial Institutions Examination Council (FFIEC) with Community Reinvestment Act (CRA) responsibilities — the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency — announced today the availability of data on small business, small farm, and community development lending reported by certain commercial banks and savings associations, pursuant to the CRA.
The Boulder Group Arranges Sale of Triple Net Leased Dollar General
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Dollar General located at 4180 University Parkway in Natchitoches, LA for $1,362,000.
CONSTRUCTION EMPLOYMENT RISES IN 39 STATES AND THE DISTRICT OF COLUMBIA OVER LATEST 12...
Thirty-nine state added construction jobs between July 2015 and July 2016 while construction employment only increased in 23 states and the District of Columbia between June and July, according to analysis of Labor Department data released today by the Associated General Contractors of America. Association officials said construction employment likely declined in many states as firms have growing difficulty locating qualified workers to hire.
The Boulder Group Arranges Sale of Net Lease Starbucks Ground Lease
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Starbucks ground lease located at 103 Mitchell Drive in Hendersonville, NC for $2,250,000.
Only One Week Left until OSCC Webinar: Getting the Most Out of Off-Site Construction...
There’s still time to register for “Getting the Most Out of Off-Site Construction (Part 2),” the continuation of the National Institute of Building Sciences Off-Site Construction Council (OSCC) series. The second part of a webinar hosted by the Modular Building Institute in June that explored what it takes to choreograph and execute an effective permanent modular construction project, Part 2 will be held on August 25, from 11:00 am to 12:00 pm ET.
Realtors® Donate Thousands of Hours, Dollars to Local Boys & Girls Clubs
The National Association of Realtors® joined forces last year with Boys & Girls Clubs of America to enrich the lives of Club kids and teens in communities across the U.S
Contract Talks Begin for Tufts University Janitors
Negotiations for a new, multi-year contract are scheduled to begin on Thursday between Tufts University and 32BJ SEIU District 615 the largest property service union in the country. The contract covers nearly 200 custodians who maintain the Medford/Somerville campus
Consumer Groups Urge the Department of Energy to Strengthen Protections for Homeowners in Best...
The National Consumer Law Center, on behalf of its low-income clients, and 15 consumer advocacy organizations submitted comments urging the U.S. Department of Energy (DOE) to strengthen consumer protections in the Department's draft Best Practices for Residential PACE Financing Programs. Municipalities use Property Assessed Clean Energy (PACE) loans to help homeowners finance energy efficiency and renewable energy improvements to their homes.
NAIOP Selects 21 Exceptional Young Professionals to Receive 2016 Developing Leaders Award
NAIOP, the Commercial Real Estate Development Association, has selected 21 young professionals to receive its prestigious 2016 Developing Leaders Award. The annual award honors up-and-coming professionals under the age of 35 for their exemplary professional accomplishments, strong leadership and community involvement. The award will be presented at NAIOP’s Commercial Real Estate Conference 2016, September 26-28, in Scottsdale, Arizona
Nathan & Associates, Inc. and Province West Announce New Relationship in California
Nathan & Associates, Inc. and Province West, two of the leading land brokerage firms in the western United States, are pleased to announce the formation of a strategic alliance between the two firms.
CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of Target Outpad and Retail...
CBRE Executive Vice President Philip D. Voorhees announced today that he, Jimmy Slusher and their National Retail Investment Group – West (NRIG-West) team completed the sale of the Shops at Stonecreek Plaza, a 52,171-square-foot strip center in the city of Los Banos, Calif., leased to a synergistic mix of regional and local tenants including Petco, Famous Footwear, Dollar Tree, GNC, Metro PCS, Wingstop and a drive-thru Starbucks. The sale price was $12 million, representing a 7.1% cap rate
Tippy and Hodenpyl Dams Siren Test To Be Conducted August 25
Consumers Energy announced the emergency public warning sirens and speaker systems near its Tippy and Hodenpyl hydroelectric generating plants on the Manistee River will be tested on Thursday, August 25 at approximately 10 a.m.
Hanley Investment Group and Voit Real Estate Services Arrange Sale of Single-Tenant Petco in...
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, in conjunction with Voit Real Estate Services, announced today that the two firms completed the sale of a single-tenant net-leased coastal property occupied by Petco at 537 North Pacific Coast Highway in Redondo Beach, Calif. The sales price of $7,630,000 represented a cap rate of 4.5%, a record low cap rate for a single-tenant Petco in Los Angeles County.
KTGY-designed Artisan Alley to Capitalize on Craft Brew Craze Adjacent Stadium in Lake Elsinore,...
International award-winning KTGY Architecture + Planning announced today that it has been selected by Orange County-based Civic Partners as the designer of Artisan Alley at The Diamond, a unique retail development located in western Riverside County in the City of Lake Elsinore, Calif. Conveniently located across the street from the Lake Elsinore Diamond Stadium, the proposed retail development will bring a creative, commercial destination, which is sure to energize the neighboring area. Capitalizing on the craft brew craze, Artisan Alley will offer a variety of craft breweries as well as complementary non-traditional food offerings and retailers.
The Boulder Group Arranges Sale of Net Lease Applebee’s Neighborhood Grill & Bar
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Applebee’s Neighborhood Grill & Bar (Applebee’s) property located at 811 S. Irby Street in Florence, SC for $2,050,000. The City of Florence is the largest city in Northeastern South Carolina and was recently named among America’s top fifty cities for business relocation and expansion by Expansion Management Magazine.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 4.0 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending August 12, 2016.
NMHC Launches New Non-Profit Research Foundation
A new foundation dedicated to apartment industry research has raised over $2.25 million in cash commitments from NMHC members to kick start the next generation of industry insight and analysis. Created by the National Multifamily Housing Council (NMHC), the new NMHC Research Foundation will address critical voids in apartment data and raise the industry’s standard of performance.
County & City Workforce Housing Committee To Hold First Meeting
New Hanover County and the City of Wilmington’s Ad Hoc Committee on Improving Workforce/Affordable Housing will hold its first meeting on Tuesday, August 30, 2016 at 11 a.m. The meeting will take place in the Azalea Room at New Hanover County’s Executive Development Center, located at 1241 Military Cutoff Road, Wilmington, NC 28403.
Scheduled Power Outage Planned Friday Morning to Repair Electrical Equipment
A 30-minute power outage is scheduled Friday morning in and around the village of Benzonia, affecting 2,367 residential and commercial customers.
Consumers Energy Opens Second Community Solar Power Plant at Western Michigan University
Consumers Energy today announced that it has started operations at its second solar power plant, transforming 8.5 acres at Western Michigan University into a new source of renewable energy for Michigan
