Yearly Archives: 2018

San Francisco’s Yerba Buena Engineering and Construction was named as the first-ever Diverse Business of the Year award winner by the Associated General Contractors of America, association officials announced today. The association also awarded Diversity and Inclusion Excellence Awards to Auston Commercial, Bjork Construction, the Massachusetts Port Authority and the San Antonio Chapter of AGC.

A proposed rule from the U.S. Department of Labor could make it easier for small businesses and self-employed individuals to purchase health insurance through association health plans, or AHPs, according to the National Association of Realtors

Mayor Muriel Bowser announced the sale of 33 District-owned vacant properties that will be transformed into affordable workforce housing. The properties were sold in an auction as part of Vacant to Vibrant DC – a program announced December 2017 to turn the balance of inventory in the Property Acquisition and Disposition Division (PADD) of the Department of Housing and Community Development (DHCD) into vibrant and productive solutions.

Mortgage applications increased 0.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 2, 2018. The previous week's results included an adjustment for the Washington's Birthday (Presidents' Day) holiday.

Delinquency rates for commercial and multifamily mortgage loans were relatively flat in the fourth quarter of 2017, according to the Mortgage Bankers Association's (MBA) Commercial/Multifamily Delinquency Report. "Commercial and multifamily mortgages ended 2017 continuing to perform extraordinarily well," said Jamie Woodwell, MBA's Vice President of Commercial Real Estate Research.

Investors’ willingness to seek comparable investment opportunities in secondary or tertiary markets across the country to meet their investment requirements grew in 2017, HIG’s Ed Hanley tells GlobeSt.com.

Cap rates for the single-tenant net leased auto parts store sector increased by 29 basis points (bps) from the fourth quarter of 2016 to the fourth quarter of 2017 to 6.19 percent, largely driven

As more and more people flock to trendy re-purposed industrial areas, loft and condo styles are shifting to embrace industrial décor. If you’re lucky enough to be able to afford a living space in one of these areas (e.g. Cabbagetown in Toronto) you’ll benefit from several stylish décor features such as exposed brick, concrete, reclaimed wood and worn-out textures.

WSSC is replacing a large water main on Leeland Road. Customers may experience lower than normal water pressure beginning Saturday, March 10, 2018, at 9:00 pm until Sunday, March 11, 2018, at 5:00 am. We will make every effort to avoid a complete loss of water service, however, we will be establishing a water station, starting at 7:00 pm, which will be located at the Beechtree Community Center, 15511 Beech Tree Parkway, Upper Marlboro, MD 20774.

Mayor Muriel Bowser announced the appointment of Ana Lopez Van Balen as the first Affordable Housing Preservation Officer for the District of Columbia. The Mayor’s Housing Preservation Strike Force recommended the creation of this position, located within the Department of Housing and Community Development (DHCD), to lead efforts to preserve the District’s existing affordable housing stock.

Public lands lovers, business owners, scientists and environmental activists will rally Tuesday afternoon before a public Bureau of Land Management meeting in Bakersfield to demand that the Trump administration keep the Desert Renewable Energy Conservation Plan in place.

Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., today issued the following statement on the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155), banking reform legislation now pending in the Senate

Principal Deputy Assistant Secretary - Indian Affairs John Tahsuda announced today that the Department of the Interior has signed an agreement with the Confederated Tribes of the Umatilla Indian Reservation in Oregon to guide implementation of the Land Buy-Back Program for Tribal Nations.

Randy Noel, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from LaPlace, La., today issued the following statement regarding President Trump’s announcement to impose tariffs on steel and aluminum imports

The National Low Income Housing Coalition and its partners, on behalf of the Disaster Housing Recovery Coalition of over 700 national, state, and local organizations, condemn FEMA’s continuing inaction on implementing proven, long-term housing solutions to help the lowest income survivors displaced by recent hurricanes and wildfires get back on their feet.

NAIOP is again partnering with CEL & Associates, Inc. to compile the 2018 NAIOP/CEL Commercial Real Estate Compensation and Benefits Survey. A nationally known real estate advisor, CEL has conducted this survey—the largest in the industry—for 29 consecutive years.

U.S. Sen. Lisa Murkowski, R-Alaska, today chaired a hearing to examine opportunities to promote the cybersecurity and resiliency of our nation’s critical energy infrastructure. “Protecting our nation’s energy infrastructure is critical to maintaining so much of the American way of life,” Murkowski said. “We have repeatedly heard how protection of our nation’s critical assets is a shared responsibility, with federal, state, and private sector partners working together to improve cyber defenses and sharpen responses to cyber attacks

The Justice Department announced today that Deloitte & Touche LLP has agreed to pay the United States $149.5 million to resolve potential False Claims Act liability arising from Deloitte’s role as the independent outside auditor of Taylor, Bean & Whitaker Mortgage Corp. (TBW), a failed originator of mortgage loans insured by the Federal Housing Administration (FHA) in the Department of Housing and Urban Development (HUD).

Americans can now preview what’s in store for coastal communities, and the fish many depend on, as offshore wind development builds steam in the U.S. The American Wind Energy Association (AWEA) and the Special Initiative on Offshore Wind (SIOW), based at the University of Delaware, released a new video today that features never-before-seen underwater footage of fish feeding at America’s first offshore wind farm, as well as testimonials from local recreational fishermen and charter captains.

The U.S. Environmental Protection Agency (EPA) with four federal partners launched the next phase of a technology-accelerating water quality challenge calling for demonstrated use of nutrient pollution sensors. Nutrient pollution is a widespread water quality challenge in the United States and is caused by excess nitrogen and phosphorus in the water.