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The Regis Houze, the first project of the Capital Impact Partners-managed Woodward Corridor Investment Fund (WCIF), held its ribbon-cutting ceremony today in a prime location just off Woodward Avenue in the New Center area of Detroit.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Eric Vu and Jeff Hauber completed the sale of a 2,900-square-foot retail building in Orange County for $1.2 million, representing a cap rate of 4.17%.

TIAA-CREF, a leading U.S. financial services organization and the nation’s largest manager of U.S. institutional tax-exempt real estate assets*, is selling a 49% interest in six office properties and two land parcels in Miami, forming a joint venture with Allianz Real Estate of America. TIAA-CREF will retain a 51% interest in the properties, located at the Waterford at Blue Lagoon corporate park near Miami International Airport, and serve as the operating partner

This week the U.S. Department of Agriculture’s Natural Resource Conservation Service announced that over the next four years they will invest $5.3 million in projects on the Kickapoo River.

With more than 170,000 SF in development/redevelopment and another 100,000 SF in the pipeline, Meridian is still aggressively pursuing more value-add medical office opportunities throughout California

U.S. Senators Susan Collins, Chairman of the Transportation, Housing and Urban Development Appropriations Subcommittee, and Angus King announced today that the United States Department of Agriculture (USDA) has awarded two Housing Preservation Grants to Penquis Community Action Program Inc. (Penquis CAP) and Western Maine Community Action (WMCA) to support housing rehabilitation projects in Franklin, Penobscot, Piscataquis, Knox, and Waldo Counties

A newly designed website now makes the Community Investment Tax Credit program more accessible to individuals and businesses who want to contribute to revitalization projects in Maryland neighborhoods.

Representatives Chellie Pingree and Bruce Poliquin said today that 14 small businesses in rural Maine will be getting $1.7 million in USDA funding to invest in efficiency and clean energy projects. The grants, through the USDA's Rural Energy for America Program (REAP), fund projects like solar panels, anaerobic digesters to create electricity from waste, and thermal conversion systems

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 Drug Store Market.

Hanley Investment Group Real Estate Advisors, a nationally-recognized boutique real estate brokerage and advisory firm specializing in retail property sales, announced today that the group is launching its fifth annual Movember campaign to raise funds and awareness for men’s health during the month of November, by growing moustaches and moving. Last year, Hanley Investment Group exceeded its goal and raised $27,000. The group was ranked #39 out of nearly 23,000 teams nationwide (the top 1% in the U.S.) in the fundraising effort. This year, Hanley Investment Group hopes to exceed last year’s amount

The Overseas Private Investment Corporation (OPIC), the U.S. Government’s Development Finance Institution, today signed an agreement recognizing a $15 million commitment by OPIC to finance Txtlight Power Solutions, Ltd. doing business as Nova-Lumos (Lumos), an off-grid electricity provider, to scale up a business that provides solar electricity to homes and small business throughout Nigeria. The signing was part of Secretary John Kerry’s Climate and Clean Energy Investment Forum.

As part of Secretary John Kerry’s Climate and Clean Energy Investment Forum, the Overseas Private Investment Corporation (OPIC) today signed an agreement with U.S. based energy developer SolarReserve and Saudi Arabia-based ACWA Power, recognizing OPIC’s $400 million commitment of debt financing to support the development of the Redstone Concentrating Solar Power (CSP) project in Northern Cape, South Africa.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant triple net leased CVS property located at 5920 West Park Boulevard in Plano, Texas for $10,202,589. This trophy property was sold at a 4.82% cap rate which is the lowest cap rate for a drug store property sold in 2015 outside of California according to Real Capital Analytics

Congressman John K. Delaney (MD-6) wrote to House Transportation & Infrastructure Chairman Bill Shuster Thursday, urging him to increase baseline funding levels in the next highway bill. The Transportation & Infrastructure Committee is expected to markup a new highway bill next week. In his letter, Delaney wrote, “Instead of continuing our glide path to a third-world infrastructure, our next highway bill should reverse course and start our infrastructure comeback. A meaningful increase in our infrastructure investment will create millions of jobs and help our businesses stay competitive in the global economy.”

Capital Impact Partners today announced the launch of Age Strong™, an innovative social investment initiative that will lend a total of $70 million to enterprises that provide critical services and programs for struggling adults who are 50-plus. This initiative, in partnership with AARP Foundation and Calvert Foundation, aims to support enterprises and projects that create affordable homes, increase access to healthy foods, improve financial security, and offer more community-oriented models of care

A vast majority of Americans believe that buying a home is a solid financial decision, and most believe they could sell their home for at least its initial purchase price, according to a new survey from the National Association of Realtors®. The 2015 National Housing Pulse Survey also found that a preponderance of Americans think that now is a good time to buy a home.

A Georgia real estate investor pleaded guilty today for his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Fulton and DeKalb counties, Georgia. Morris Podber admitted that he conspired with others not to bid against one another at public real estate foreclosure auctions on selected properties.

In today’s complicated real estate market, rarely can one party bring all the resources needed to complete an ambitious real estate project. Whether it be capital, know-how or a below-market purchase option on a buildable lot in the East End, developers need partners! While partnerships present a great opportunity, they also have unique legal, tax and operating attributes that can ruin your longest friendship if not handled properly.

A Georgia real estate investor pleaded guilty today for his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Fulton and DeKalb counties, Georgia.

As climate change poses greater financial risks to real estate in the form of near-term extreme weather events and longer-term impacts like sea-level rise, developers and owners are increasingly investing in new infrastructure and technologies, innovative design and construction methods as well as other resiliency strategies to not only protect their properties, but to create value for their developments, according to Returns on Resilience: The Business Case, released today by the Urban Land Institute (ULI)