Yearly Archives: 2017
USDA Celebrates National Homeownership Month
Acting Deputy Undersecretary for Rural Development Roger Glendenning today kicked off National Homeownership Month to celebrate the vital contribution homeowners have made to communities across rural America.
First Quarter Commercial/Multifamily Delinquencies Remain Low
Delinquency rates for commercial and multifamily mortgage loans were flat or decreased in the first quarter of 2017, according to the Mortgage Bankers Association's (MBA) Commercial/Multifamily Delinquency Report.
U.S. EPA Announces $7.2 Million in Brownfields Grants to Promote Economic Redevelopment Across the...
The U.S. Environmental Protection Agency announced that the Pacific Southwest Region will receive $7,246,516 in federal grant funds distributed across 19 entities for brownfield site revitalization efforts.
Hanley Investment Group Arranges Sale of Single-Tenant NNN Walgreens in Oceanside for $7.4 Million
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, arranged the sale of a single-tenant absolute net-lease Walgreens property located in north San Diego County at 3507 Cannon Road in Oceanside, Calif. The purchase price was $7.4 million, which represented a cap rate of 5.0 percent.
Meridian Names Cypress West as Property Manager of 115,000 SF Newly-Renovated Cotton Medical Center...
Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the firm has retained Cypress West Realty Management of Rancho Santa Margarita, Calif., to manage Meridian’s 115,000-square-foot medical office complex in Pasadena, California.
Professional builders help build or improve 200 homes in one week with Habitat for...
Habitat for Humanity is bringing together professional builders this summer for its Home Builders Blitz. Presented by Ply Gem, the event is a weeklong effort to build and improve homes across the U.S. During June 5-9, more than 200 families will partner with Habitat across 28 states
CONSTRUCTION EMPLOYMENT INCREASES IN 217 OUT OF 358 METRO AREAS BETWEEN APRIL 2016 AND...
Construction employment increased in 217 out of 358 metro areas between April 2016 and April 2017, declined in 89 and stagnated in 52, according to a new analysis of federal employment data released today by the Associated General Contractors of America.
NREL Names Juan Torres to Lead Energy Systems Integration
Juan Torres takes over June 5 as the new Associate Laboratory Director for Energy Systems Integration at the U.S. Department of Energy's (DOE) National Renewable Energy Laboratory (NREL).
Oakpointe Communities and Presidio Residential Capital Receive City Approval to Develop LakePointe Urban Village,...
International award-winning KTGY Architecture + Planning is pleased to announce that Oakpointe Communities and Presidio Residential Capitalhave received unanimous approval from the City of Covington to develop LakePointe Urban Village, a 214-acre master planned
CONSTRUCTION EMPLOYMENT INCREASES IN 217 OUT OF 358 METRO AREAS BETWEEN APRIL 2017 AND...
Construction employment increased in 217 out of 358 metro areas between April 2016 and April 2017, declined in 89 and stagnated in 52, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials noted that construction firms in many parts of the country continue to expand headcount amid strong private-sector demand for their services.
Pending Home Sales Scale Back 1.3 Percent in April
Pending home sales in April slumped for the second consecutive month and were down year-over-year nationally and in all four major regions, according to the National Association of Realtors®. Only the West saw an increase in contract signings last month
Billy Grayson Named Executive Director of the ULI Center for Sustainability and Economic Performance
Billy Grayson, an expert in sustainability program development for companies and organizations, has been selected by the Urban Land Institute (ULI) to serve as the executive director of its Center for Sustainability and Economic Performance. ULI is a global, multidisciplinary, member-driven real estate organization dedicated to responsible land use and building thriving, sustainable communities. Grayson joined the Institute’s staff on May 30.
FTC Challenges Louisiana Real Estate Appraisal Board Regulations that Restrict Competition
The Federal Trade Commission has filed a complaint against the Louisiana Real Estate Appraisal Board, alleging that the group is unreasonably restraining price competition for appraisal services in Louisiana, contrary to federal antitrust law.
MBA Welcomes 15 New Members in April
The Mortgage Bankers Association (MBA) announced that in April it welcomed 15 new regular members to its ranks, which currently numbers more than 2,200 member companies. MBA welcomes the following new members
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 3.4 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 26, 2017.
EPA Awards $1.15 Million to South Carolina to Protect Water Quality
The U.S. Environmental Protection Agency (EPA) awarded a $1,156,250 grant to the South Carolina Department of Health and Environmental Control (SCDHEC) to help protect human health and the environment. The amount is part of a performance partnership grant, which is given to states and other local governments that have authority to implement environmental programs
KTGY Architecture + Planning Strengthens Commitment to Education and Community and Adopts 6th-Grade Class...
Award-winning KTGY Architecture + Planning announced today the firm’s Oakland office, working with the Oakland Public Education Fund, has adopted a 6th-grade class at Madison Park Business & Art Academy, which has served the East Oakland community since 1959. “KTGY’s Oakland office has actively served this community for more than 11 years,” said Jill Williams, AIA, chairman of KTGY Architecture + Planning based in the firm’s Oakland office.
Orange County Man Pleads Guilty to Taking $2.2 Million from Distressed Homeowners in Bogus...
An Orange County man pleaded guilty this morning to federal charges relating to his operation of a fraud scheme that took $2.2 million from distressed homeowners through false promises that he could help them avoid foreclosure by obtaining modifications to their mortgages
Construction Unemployment Rates Improve in 22 States
April not seasonally adjusted (NSA) construction unemployment rates were down in 22 states and unchanged in two (Arkansas and California) on a year-over-year basis, according to analysis released today by Associated Builders and Contractors (ABC). However, the national NSA construction unemployment rate of 6.3 percent was up 0.3 percent from April 2016, according to data from the U.S. Bureau of Labor Statistics.
National Low Income Housing Coalition Announces Election of New Executive Committee
The National Low Income Housing Coalition (NLIHC) board of directors unanimously eThe board elected Maine Affordable Housing Coalition (MAHC) Director Greg Payne to serve as chair of the board, replacing previous long-time chair
