Yearly Archives: 2018

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Jeremy McChesney has completed the sale of three 7-Eleven properties in separate transactions for a combined value of $4,227,000. The properties are located in Valley Park, Missouri; Bradenton, Florida; and Lakewood, Ohio. McChesney has now completed the sale of 26 7-Eleven properties in over 2.5 years, the most 7-Elevens sold by one individual in the U.S. during this same period.

Overall construction input prices declined 0.1 percent in December, yet despite the lack of inflation for the month, prices are up 5 percent on a year-over-year basis, according to an Associated Builders and Contractors (ABC) analysis of Bureau of Labor Statistics data released today. Nonresidential construction materials prices also declined 0.1 percent for the month and are up 4.8 percent from the same time one year ago.

“The National Association of Clean Water Agencies (NACWA) commends the House Problem Solvers Caucus Infrastructure Working Group for their bipartisan proposal to improve our nation’s infrastructure. We thank co-chairs Congressman John Katko and Congresswoman Elizabeth Esty for leading this effort, and offering us an opportunity over the past few months to discuss NACWA’s priorities, many of which have been included in the plan.

A remarkable 129 single-family, multifamily, interior design, remodeling and community projects were honored at the 2017 Best in American Living™ Awards (BALA) ceremony held during the 2018 National Association of Home Builders (NAHB) International Builders’ Show in Orlando, Fla. Judges awarded eight Best in Region, five Of the Year and two Judges’ Discretionary awards. In addition, one Game Changer award was given as well as one “Wow!” award, a special award given to a project with a one-of-a-kind design detail. These projects represent the nation’s best in home and community design, interior design and remodeling.

Simpson Strong-Tie is renewing its partnership with Habitat for Humanity to continue supporting the housing organization’s efforts to make homes resilient to disasters. This is the 12th consecutive year of the partnership to help more families in need of a decent and affordable place to call home. To date, the manufacturer of structural product solutions has contributed more than $2.75 million toward Habitat’s mission.

The U.S. Department of Housing and Urban Development today awarded a record $2 billion to support more than 7,300 local homeless assistance programs across the nation. HUD's Continuum of Care grants provide critically needed support to local programs on the front lines of serving individuals and families experiencing homelessness.

The Alliance to Save Energy announced Friday that President Kateri Callahan is leaving the organization after 14 years at the helm and launched a national search for her replacement. Callahan, who has helped drive tremendous national progress in energy efficiency during her tenure at the Alliance, is slated to leave the organization March 31 for a yet-to-be-announced, private-sector position in the efficiency field.

The nonresidential construction sector added 11,800 net new jobs in December, representing nearly 10 percent of the nation’s jobs created during the month, according to an Associated Builders and Contractors (ABC) analysis of data released today by the Bureau of Labor Statistics. The nation’s overall construction sector added 30,000 net new jobs in December, a 0.4 percent month-over-month increase.

The National Association of Realtors® has announced a new internal organizational structure and changes to its senior management team to more effectively and efficiently serve its 1.3 million Realtor® members. "This reorganization reflects the promise I made when I was named CEO last August to create better efficiencies in engaging with and serving the association's members," said NAR CEO Bob Goldberg.

The office of Congresswoman Eleanor Holmes Norton (D-DC) today apparent Norton’s letter to Senate Sergeant at Arms Frank J. Larkin requesting he reconsider his purported opposition to the construction of a protected bike lane between Union Station and the U.S. Capitol Grounds on Louisiana Avenue. Norton has worked with Architect of the Capitol, the District of Columbia Department of Transportation, and the local biking community to achieve widespread support for the project, to be built using local funds in DDOT’s MoveDC action plan for D.C.’s transportation future

Mortgage applications increased 8.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 5, 2018. This week's results included an adjustment for the New Year's holiday. Results for the previous week ending 12/29/17 were revised.

Americans overwhelmingly reject the idea that improving the nation’s infrastructure should come at the expense of protections for air, water, wildlife and natural places, a new poll finds. Ninety-four percent of Americans, including 92 percent of people who voted for President Donald Trump, say that the country can build and modernize infrastructure while keeping environmental protections in place, according to the poll, which was conducted by Hart Research Associates for the Center for American Progress and Defenders of Wildlife.

Seventy-five percent of construction firms plan to expand their payrolls in 2018 as contractors are optimistic that economic conditions will remain strong as tax rates and regulatory burdens fall, according to survey results released today by the Associated General Contractors of America and Sage Construction and Real Estate. Despite the general optimism outlined in Expecting Growth to Continue: The 2018 Construction Industry Hiring and Business Outlook, many firms report they remain worried about workforce shortages and infrastructure funding

Oakdale at Mordecai, a neighborhood of new single-family homes in a revitalized area of Raleigh, N.C., was named the Community of the Year in the 2017 Best in American Living Awards (BALA) today by the National Association of Home Builders (NAHB). Nestled between two historic districts near downtown, Oakdale’s architecture was designed to fit the aesthetic of the surrounding area while also including popular modern features.

International award-winning firm KTGY Architecture + Planning is pleased to announce that KTGY’s designs were recognized at 2017 Best in American Living™ Awards (BALA) by the National Association of Home Builders (NAHB). The awards honor the firm's wide range of capabilities, excellence and innovation in addressing complex design/build issues in attached, detached and 55+ housing

International award-winning firm KTGY Architecture + Planning is pleased to announce that KTGY’s designs were recognized at the 2018 NAHB Best of 55+ Awards. The awards honor the firm's excellence in designing active, age-qualified communities.