Investing

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Seasons Inpatient Hospice property located at 2195 West Diehl Road in Naperville, IL for $5,342,857. The recently constructed 10,342 square foot Seasons Inpatient Hospice facility is strategically located along Diehl Road in the affluent suburb of Naperville.

Home prices are appreciating in San Diego at a rate that has real estate professionals giddy with anticipation. Buy a property today, and you could see it appreciate in value within months. This is due to the desirability of the location, and an upswing in job creation and wage growth. For investors, San Diego is a prime destination that’s sure to deliver big returns.

Randy Blankstein, President of national net lease advisory firm The Boulder Group, will be a featured speaker on ICSC’s N3 Triple Net Lease Panel in Chicago on October 7th, 2015. The panel will be held during the ICSC Chicago Deal Marking

Freddie Mac (OTCQB: FMCC) recently priced its second K-P Series offering of Structured Pass-Through Certificates (K Certificates) which are multifamily mortgage-backed securities. The company expects to issue approximately $1.2 billion in K Certificates (K-P02 Certificates), which are expected to settle on or about August 27, 2015. The K-P02 Certificates are guaranteed by Freddie Mac and are backed by 70 seasoned multifamily mortgages from the company's retained portfolio. This is the company's seventeenth K Certificates offering this year.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, is pleased to announce that Executive Vice President Eric Wohl represented the seller in the sale of the Shops at Barnes Crossing, a 75,000-square-foot neighborhood shopping center anchored by Bed Bath & Beyond, Dollar Tree, and David' s Bridal in Tupelo, Mississippi. The purchase price was $8,725,000, representing one of the lowest cap rates in the state of Mississippi for this type of retail property. The cap rate was 8.20%

County leaders and other supporters join MidPen in celebrating the groundbreaking of Fetters Apartments, 60 affordable apartments for families in Fetters Hot Springs, Sonoma. On Friday August 14th, Sonoma County Supervisor Susan Gorin joined other county leaders to celebrate the groundbreaking of Fetters Apartments – an affordable, workforce rental apartment community being developed by MidPen Housing in the heart of Sonoma Springs

The National Association of Hispanic Real Estate Professionals® (NAHREP®) has announced Julissa Acre, former Goldman Sachs star and current public affairs director at Define American, will keynote the Latina Brunch session at its 2015 National Convention & Latin Music Festival.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant OfficeMax property located at 200 Riverside Drive in East Peoria, IL for $2,800,000. The 1.86 acre OfficeMax property is centrally located within Peoria’s primary retail area that is anchored by Bass Pro Shops, Walmart Supercenter, Lowe’s, Costco, Target, Kohl’s and Gordmans

A Roth IRA is a retirement account that allows for post-tax contributions, providing tax-free growth of all earnings. Advanta IRA Services is holding a webinar on August 13 for individuals to learn more about how self-directed Roth IRAs can be beneficial in building wealth for retirement.

The National Community Reinvestment Coalition (NCRC) reacted in disappointment to the ruling by U.S. District Judge Katherine Polk Failla overturning New York City’s Responsible Banking Act in The New York Bankers Association v. The City of New York. The Responsible Banking Act is one of several responsible banking ordinances that U.S. cities have recently passed, which require banks bidding on municipal deposits and investments to submit community development plans describing the loans, investments, and bank services they would provide to minority and modest-income neighborhoods.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant dark Macaroni Grill property located at 2375 East 116th Street in Carmel, Indiana for $1,400,000. The 55,757 square foot property is located at the corner of the heavily trafficked Keystone Parkway and East 116th Street interchange.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant White Castle ground lease property located at 7380 Olive Boulevard in University City, Missouri for $630,000

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Family Dollar property located at 10220 North 30th Street in Tampa, FL for $2,224,000. The newly constructed Family Dollar is strategically located at the signalized intersection of North 30th Street and East Bougainvillea Avenue.

Today at the White House, President Obama and Environmental Protection Agency (EPA) Administrator Gina McCarthy will release the final Clean Power Plan, a historic step in the Obama Administration’s fight against climate change

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, is pleased to announce that Hanley Investment Group President Ed Hanley and Executive Vice President Bill Asher have negotiated the sale of two multi-tenant retail investment properties in Riverside County, Calif., totaling more than $10,413,000.

James (Jim) will be responsible for the distribution of TH Real Estate’s global products to corporate and public investors across the US, working closely alongside TIAA-CREF Asset Management’s existing real assets sales team

Simon is out of the deal business. After an unsuccessful attempt to buy rival REIT Macerich earlier this year, Indianapolis–based Simon is reinvesting its money in its own business, which happens to be booming, executives said on the firm’s second-quarter earnings call. Simon plans to repurchase $2 billion worth of its shares, and bought $505 million worth during the quarter alone. “We don't see any big deals on the horizon for us, so we are obviously very focused on development, redevelopment,” said chairman and CEO David Simon.

HomeUnion an online, real-estate investment management firm enabling value investing in single-family rental (SFR) properties announced today that it has added Atlanta, Ga.; Davenport, Iowa/Ill.; Huntsville, Ala.; Jacksonville, Fla., and, Orlando, Fla., to its list of active investment markets. Investors can now find and purchase pre-vetted, SFR investment properties in these markets on the company's secure website

the National Low Income Housing Coalition (NLIHC) and the Oregon Opportunity Network, a NLIHC state partner, released the findings of a state-wide public opinion poll that measured Oregon registered voter support for changing the mortgage interest deduction, addressing homelessness, and creating more affordable housing. A sizable majority of registered Oregon voters surveyed expressed support for increasing federal funding for affordable housing to address homelessness and for increased state investments in building homes for homeless and low-income families.

American Realty Advisors and Vulcan Real Estate today announced Vulcan’s sale of 2201 Westlake Avenue, a fully-leased best-of-class office/retail property in the heart of South Lake Union, to American. The building is currently leased to high-profile office and retail tenants, including Amazon and global health innovator, PATH. Located at the corner of Westlake Avenue and Denny Way, 2201 Westlake is a 12-story 317,000 square-foot LEED Gold certified high-rise building developed by Vulcan in 2009.