Yearly Archives: 2017

Jefferson L. Sherman, MAI, AI-GRS, of Highland Heights, Ohio, was elected 2018 vice president of the nations largest professional association of real estate appraisers Thursday by its Board of Directors in Chicago.

Congresswoman Eleanor Holmes Norton (D-DC) filed an amendment to the fiscal year 2018 Transportation, Housing And Urban Development Appropriations bill to prohibit states that receive federal transportation funding from engaging in unconstitutional profiling based on physical characteristics.

The DC Department of Housing and Community Development (DHCD) closed a loan agreement totaling more than $3.1 million that will help preserve 21 affordable housing units in Ward 4 for a tenant association invoking its purchase rights through the Tenant Opportunity to Purchase Act (TOPA). The funding was made available through the Housing Production Trust Fund (HPTF).

The Energy Department's National Renewable Energy Laboratory (NREL) has released the 2017 Annual Technology Baseline (ATB), updating a key source of reliable electricity generation technology cost and performance data used to support and inform electric sector analysis in the United States. Now in its third year, the ATB documents technology-specific information on a broad spectrum of electricity generation technologies, including wind, solar, geothermal, hydropower, biomass, coal, natural gas, and nuclear.

Commercial electricity customers who are subject to high demand charges may be able to reduce overall costs by using battery energy storage to manage demand, according to research by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL).

The Alliance to Save Energy released the following statement from President Kateri Callahan regarding the Department of Energy’s Staff Report to the Secretary on Electricity Markets and Reliability (“Grid Study”) released late Wednesday

Listings in July typically went under contract in under 30 days for the fourth consecutive month because of high buyer demand, but existing-home sales ultimately pulled back as large declines in the Northeast and Midwest outweighed sales increases in the South and West, according to the National Association of Realtors®

KTGY Architecture + Planning unveiled today the preliminary design for a new mixed-use development that was selected as part of Salt Lake City’s plan to revitalize its downtown core developed by The Domain Companies, one of the nation’s leading real estate investment and development firms specializing in sustainable mixed-use development, and the GIV Group, which combines a non-profit and entrepreneurial approach to community development.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased DaVita property located at 111 Tarhe Trail in Upper Sandusky, Ohio for $2,400,000.

Homeless residents of Houston have been granted a temporary restraining order prohibiting the City of Houston from enforcing an anti-camping ordinance against homeless people for sheltering themselves in public. The residents are represented by the National Law Center on Homelessness & Poverty, the ACLU of Texas, and Dechert LLP.

Following is a statement from Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association (SEIA), regarding the “Staff Report on Electric Markets and Reliability” released today by the Department of Energy (DOE)

When it comes to the buying and selling of commercial real estate—a multi-step process that involves high stakes and numerous stakeholders—the energy performance of buildings is not usually top of mind. An upcoming webinar by the National Institute of Building Sciences Council on Finance, Insurance and Real Estate (CFIRE) could bring the topic into higher focus.

Sales of newly built, single-family homes in July fell 9.4 percent to a seasonally adjusted annual rate of 571,000 units from an upwardly revised June reading, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This was the lowest sales reading since December 2016. Meanwhile, year-to-date, new home sales are 9.2 percent above their level over the same period last year.

NAIOP, the Commercial Real Estate Development Association, has selected seven young professionals to receive its prestigious 2017 Developing Leaders Award. The annual award honors up-and-coming professionals under the age of 35 for their exceptional professional accomplishments, strong leadership and community involvement.

A discovery by two scientists at the Energy Department’s National Renewable Energy Laboratory (NREL) could aid the development of next-generation semiconductor devices. The researchers, Kwangwook Park and Kirstin Alberi, experimented with integrating two dissimilar semiconductors into a heterostructure by using light to modify the interface between them.

Ranking Member of the Senate Energy and Natural Resources Committee Maria Cantwell (D-Wash.) applauded the Department of Energy’s (DOE) announcement that the City of Seattle Department of Transportation will receive a $1.9 million grant to accelerate the use of electric vehicles (EVs) in Seattle.

Mortgage applications decreased 0.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending August 18, 2017.

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 July 2017

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased 7-Eleven property located at 4609 Coit Road in Frisco, Texas for $5,600,000.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm represented the buyer and seller in the sale of Oak Grove Crossing, a 22,577-square-foot shopping center shadow-anchored by Target in Riverside County, Calif. Oak Grove Crossing is located at 18283 &18285 Collier Avenue in the city of Lake Elsinore, Calif. The purchase price was $11,565,200.