Yearly Archives: 2018
Announcing HPN’s New Home Counseling Collaborative
Housing Partnership Network (HPN), HomeFree-USA, the National Foundation for Credit Counseling (NFCC), UnidosUS and Fannie Mae are pleased to announce a joint effort to develop an exciting new platform for the housing industry that serves the needs of prospective and existing homeowners and renters across the U.S.
Senate Housing Proposal Would Be A Blow To Affordable Housing And Harmful to Overall...
A new research report by the Center for Responsible Lending (CRL) and National Urban League critiques a legislative discussion draft by U.S. Senators Bob Corker (R-Tenn.) and Mark Warner (D-Va.) to restructure the nation’s housing finance system, and it criticizes recently published papers supporting it.
U.S. Green Building Council Announces LEED for Cities Grant Program with Support from Bank...
USGBC creators of the LEED green building rating system, with support from the Bank of America Charitable Foundation, announced a new grant program designed to recognize the sustainability and green building achievements of U.S. cities pursuing LEED for Citiescertification.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 2.7 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending February 23, 2018. This week's results include an adjustment for the Washington's Birthday (Presidents' Day) holiday.
GSA Officially Announces $31 Million Auction Sale of Surplus Federal Property in the District...
On February 22, the U.S. General Services Administration (GSA) officially closed on the sale of the 49 L Street, Southeast property in the District of Columbia near Nationals Park and the Navy Yard. The final auction bid for the one-story property, which sits on 0.68 acres was $31 million. The 33,000 gross square foot property was built in 1924 as a multi-use government warehouse
BOMA 360 RECOGNIZED AS A GREEN CERTIFICATION FOR THE GLOBAL REAL ESTATE SUSTAINABILITY BENCHMARK...
The Global Real Estate Sustainability Benchmark (GRESB), the worldwide portfolio-level standard for environmental, social and governance (ESG) benchmarking for real estate, recently recognized the BOMA 360 Performance Program® as a green certification for individual building operations. GRESB is a globally recognized, relative benchmark for assessing the sustainability performance of real estate, debt and infrastructure portfolios around the world.
The Boulder Group Publishes Net Lease Auto Parts Market Research Report
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the 4th quarter activity in the National Net Lease Auto Parts Market. A 29 basis point increase in cap rates for auto part store properties from the fourth quarter of 2016 to the fourth quarter of 2017
Hanley Investment Group Arranges Sale of Two Brand New Single-Tenant Starbucks in Southern California
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 has completed the sale of two brand-new construction single-tenant corporate Starbucks in separate transactions in Southern California.
Net Lease Research 2018, Part 1: Investors Continue to Expect Stability
The single-tenant net lease sector is a bedrock of commercial real estate investment. Bulwarked with long-term leases to stable tenants, the sector is always a popular bet for a variety of commercial real
U.S. Commercial Real Estate Development and Operations Supports 7.6 Million Jobs, Contributes $935.1 Billion...
New development and ongoing operations of existing commercial real estate buildings in the United States – office, industrial, warehouse and retail – generates significant economic growth at the state and national levels. The combined impact: Commercial real estate supported 7.6 million American jobs and contributed $935.1 billion to U.S. GDP in 2017
Home Builders Seek Better Cooperation with OSHA to Improve Worker Safety
The National Association of Home Builders (NAHB) today called on the Occupational Safety and Health Administration (OSHA) to expand its small business compliance assistance to help home builders and other small business owners to improve the safety of their operations.
Pending Home Sales Stumble 4.7 Percent in January
After seeing a modest three-month rise in activity, pending home sales cooled considerably in January to their lowest level in over three years, according to the National Association of Realtors®. All major regions experienced monthly and annual declines in contract signings last month.
Mayor Martin J. Walsh breaks ground on Whittier Street Housing Development
Mayor Martin J. Walsh broke ground on phase one of a comprehensive redevelopment of the WhittierStreet public housing community. Made possible by a $30 million federal Choice Neighborhoods Initiative grant to the Boston Housing Authority (BHA) and City of Boston’s Department of Neighborhood Development, the entire project will rebuild and preserve 200 existing public housing apartments by replacing them on- and off-site with an expanded program of 509 units of mixed-income rental housing and 14,225 square feet of commercial space.
Homeownership Collaborative Creates Opportunities, Releases First Report
The Homeownership Collaborative, a coalition of real estate trade associations and nonprofit housing counseling providers, today released its first report on steps that can be taken to increase the utilization of homeownership education and housing counseling services available nationwide. Lenders, real estate agents, and housing counselors sat down together in four cities to increase homeownership opportunities in their markets.
MBA Welcomes 33 New Members in December and January
The Mortgage Bankers Association (MBA) announced that in December 2017 and January 2018 it welcomed 33 new regular members to its ranks, which currently numbers more than 2,300 member companies. MBA welcomes the following new members
Meridian Completes Construction of 10,000 SF Medical Office Building in Alameda County
Meridian, a full-service real estate developer and owner of medical office real estate, is pleased to announce that it has completed ground-up construction of a 10,000-square-foot single-tenant medical office building located in Alameda County at 20359 Lake Chabot Road in Castro Valley, California. The building is situated on the main arterial road leading to Sutter Health’s Eden Medical Center Campus, one block from the hospital, in the valley’s medical corridor.
NREL’s Industry Growth Forum and Emerging Markets Day Connect Advanced Energy Startups and Investors
Advanced energy innovation will be on display May 2- 4 in Denver, Colorado, when 30 small businesses present their business cases to a panel of investors and industry experts as the U.S. Department of Energy's National Renewable Energy Laboratory (NREL) hosts its annual Industry Growth Forum (IGF). Ten startups focused geographically on emerging markets also will present during the second iteration of Emerging Markets Day on May 2.
Capital Impact Partners Tops $2.5 Billion in Loans Supporting Low-Income Communities
Capital Impact Partners, a leading mission-driven Community Development Financial Institution, announced today it marked more than $2.5 billion in loans to underserved communities across the country since its founding.
New Home Sales Drop 7.8 Percent in January
Sales of newly built, single-family homes fell 7.8 percent in January to a seasonally adjusted annual rate of 593,000 units after an upwardly revised December reading, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
National Housing Conference sign-on letter to Senate leadership supports confirmation of Brian Montgomery for...
The National Housing Conference (NHC) sent a letter signed by 44 organizations Friday to Senate Majority Leader Mitch McConnell (R-Ky.) and Senate Minority Leader Charles E. Schumer (D-N.Y.) expressing enthusiastic support for confirmation of Brian D. Montgomery as Department of Housing and Urban Development’s (HUD) assistant secretary for housing and Federal Housing Administration (FHA) commissioner.
