Investing
RealEstateRama Investing
The Boulder Group Publishes Net Lease Bank Ground Lease Research Report
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the activity in the National Net Lease Bank Ground Lease Market.
Consumers Energy Investing Nearly $225 Million to Enhance Safety, Reliability of Natural Gas System
Maintaining a strong focus on safety and reliability, Consumers Energy will spend nearly $225 million this year to upgrade its natural gas system throughout Lower Michigan. “At Consumers Energy we know that safe, reliable delivery of natural gas is a top priority to our customers and our company.
Senate Appropriations Committee Passes FY 2017 HUD Funding Bill
The Senate Appropriations Committee on April 21 unanimously approved its Fiscal Year (FY) 2017 Transportation, Housing and Urban Development (THUD) funding bill. The THUD Appropriations Subcommittee reported the bill April 19. The full Committee adopted the bill with only minor amendments to the Subcommittee-passed bill, which did not change its HUD program funding levels
OPIC APPROVES $15 MILLION IN SUNFUNDER’S $50 MILLION “BEYOND THE GRID SOLAR FUND”
The Overseas Private Investment Corporation (OPIC), the U.S. government’s development finance institution, today announced approval of a $15 million loan to a new investment vehicle managed by SunFunder Inc. that will provide financing to companies operating in developing counties that manufacture, distribute and install solar lighting and energy systems. This project uses OPIC’s Innovative Financial Intermediaries Program (IFIP), which focuses on smaller investment funds that apply innovative approaches to address specific development challenges.
The Boulder Group Arranges Sale of Net Lease Family Dollar
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Family Dollar located at 3211 Old McDuffie Road in Augusta, GA for $1,490,000.
The Boulder Group Arranges Sale of Single Tenant Net Leased Shopko Hometown
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Shopko Hometown property located at 110 Watters Drive in Dwight, Illinois for $2,115,000. The 26,254 square foot Shopko Hometown property is strategically located along Interstate 55 approximately 75 miles southwest of downtown Chicago. There are approximately 6,000 people living within a five mile radius earning average annual household incomes in excess of $61,000. Following the Shopko and Pamida merger, the building was converted to a Shopko Hometown.
Timber by Trumark Homes Wins “Community of the Year” and “Best Architectural Design” at...
International award-winning firm KTGY Architecture + Planning is pleased to announce that Timber in Newark, Calif., built by visionary California homebuilder Trumark Homes and designed by KTGY, received top honors at the 2016 Building Industry Association (BIA) Bay Area Excellence in Home Building Awards earlier this month. Timber received the “Multi-Product Community of the Year” Award and “Best Architectural Design – Multi-Family” Award. The community also received an award for “Best Signage.”
Recommendations for a New American Model for Infrastructure Investment
The BPC’s Executive Council on Infrastructure, a group of corporate CEOs and executives, has been working over the past year to identify a new model for infrastructure investment. The United States needs a renewed approach that addresses the pervasive under-appreciation of future infrastructure liabilities, ensures local communities have tools at the ready to make needed investments, and increases the flow of private capital into projects, all while securing critical long-term public benefits.
Hanley Investment Group Negotiates Sale of Stevenson Ranch Plaza in Santa Clarita for $72.5...
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that President Ed Hanley and Senior Vice President Kevin Fryman represented the buyer and seller in the sale of Stevenson Ranch Plaza in Santa Clarita, a 97% occupied, 187,035-square-foot Ralphs grocery-anchored shopping center located in the Los Angeles metro area. The sale price was $72.5 million
Hanley Investment Group Negotiates Sale of Trophy Solana Beach Retail Center
Hanley Investment Group, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Eric Wohl completed the sale of the Gateway @ Cedros, a rare trophy coastal retail center in Solana Beach, Calif. The sale price was $6.725 million, representing $837 per square foot
Vacation Home Sales Retreat, Investment Sales Leap in 2015
Vacation home sales cooled off in 2015 but remained at the second highest amount in nearly a decade, while investment purchases increased for the first time in five years, according to an annual survey of residential homebuyers released today by the National Association of Realtors®. Mirroring the strong price growth seen throughout the U.S., the median sales price of both vacation and investment homes surged in 2015.
Hanley Investment Group Brokers Sale-Leaseback of Wendy’s in La Mesa for $4,125,000
Hanley Investment Group, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Eric Wohl completed the sale-leaseback of a Wendy’s restaurant in San Diego County, California. The 2,806-square-foot single-tenant NNN retail property with a drive-thru is located on .84 acres at 8749 Campo Road, near the intersection of Spring Street and Campo Road in La Mesa. The property sold for $4,125,000, representing a record-setting cap rate for a fee-simple Wendy's sale-leaseback in California.
The Boulder Group Arranges Sale of Net Lease ALDI Ground Lease
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant ALDI ground lease located at 5811 High Street in Portsmouth, VA for $3,280,000
National Real Estate Group: HUD goes too far!
The National Real Estate Investors Association (NREIA) said today that new guidelines issued Monday by the U.S. Department of Housing and Urban Development go too far and will have a chilling effect on criminal background checks used to screen potential tenants. According to HUD, because a disproportionate number of African Americans & Hispanics have criminal records, they face potential discrimination in housing options based on race, in violation of the Fair Housing Act.
CEI Ventures Expands Fund Portfolio with Pika Energy Investment
CEI Ventures, Inc., the for-profit venture capital subsidiary of CEI, announces the initial closing of its fourth fund, Coastal Ventures IV, and the fund’s first investment in Pika Energy, Inc. This investment in the clean energy manufacturer advances CEI’s socially responsible fund portfolio
The Boulder Group Arranges Sale of Net Lease Buffalo Wild Wings Property
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net lease Buffalo Wild Wings property located at 404 Marshall Road in Superior, CO for $2,158,852.
The Boulder Group Publishes 1st Quarter Net Lease Market Research Report
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the 1st quarter activity in the National Net Lease Market.
CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of University Village
CBRE Executive Vice President Philip D. Voorhees announced today that he and the National Retail Investment Group – West (NRIG-West) team completed the sale of University Village, a 180,681-square-foot non-core, multi-level, theater-anchored entertainment center in Riverside, Calif. The sale price was $43,890,000, representing a 6.20% cap rate.
KTGY-designed Communities Win Silver Nugget Awards
International award-winning firm KTGY Architecture + Planning is pleased to announce that three KTGY-designed residential communities have garnered five top honors in Southern Nevada Home Builders Association 2016 Silver Nugget Awards competition. The Silver Nugget Awards program honors excellence in the Southern Nevada home builders’ industry.
Spend Before You Sell Your Home: Yes? No? Maybe?
Selling your house to move closer to a new job or for retirement is a sure-fire way to increase your anxiety over your furnishings and the overall state of the nest you called home for all those years.