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Taylor Design

Taylor Design Taps Jen Leonard as Strategies Practice Leader

Taylor Design, a solution-oriented architecture, environments and strategies firm, has announced that Jen Leonard has joined the firm as Strategies Practice Leader. In this role, she will focus on bringing her human-centered design experience to Taylor Design collaborating across its Irvine, San Francisco and San Diego offices, and inspiring new ways of approaching design challenges.
Casey Immel

Cypress West Partners Brings Ryan Borzouei on Board as Director of Acquisitions and Casey...

To further support its growth, Cypress West Partners, one of the Western US’ leading owners and operators of healthcare real estate, has added Ryan Borzouei as Director of Asset Management and Acquisitions and Casey Immel as Director of Leasing. The new hires are part of a strategic leadership move to support the firm’s continued growth plans.
IEUAwater

Inland Empire Utilities Agency Receives a Trifecta of Grand Prize Awards for the Regional...

The American Academy of Environmental Engineers and Scientists® (AAEES) presented the Inland Empire Utilities Agency (IEUA/Agency) grand prize awards in three categories for the Regional Water Recycling Plant No. 5 Battery Storage Project at the annual awards luncheon held on April 13, 2017, at the National Press Club in Washington, DC
USDOJ

Energy & Process Corp. Agrees to Pay $4.6 Million for Alleged False Claims Regarding...

The Justice Department announced today that Energy & Process Corporation (E&P) of Tucker, Georgia, has agreed to pay $4.6 million to resolve the government’s lawsuit filed under the False Claims Act alleging that it knowingly failed to perform required quality assurance procedures and supplied defective steel reinforcing bars (rebar) in connection with a contract to construct a Department of Energy (DOE) nuclear waste treatment facility.
Congresswoman Eleanor Holmes Norton

Norton Says Next OGR Chair Should Respect D.C. Home Rule

As Congress prepares to come back from its spring recess tomorrow, Congresswoman Eleanor Holmes Norton (D-DC), a senior member of the House Oversight and Government Reform Committee (OGR), noted that OGR Chairman Jason Chaffetz (R-UT) announced during the recess that he would give up his seat, possibly before the end of this Congress.  Norton issued the following statement
SolanaBeach_Beachwalk

CBRE National Retail Partners West Completes $33.25 Million Sale of BeachWalk in Solana Beach

CBRE’s John Read announced that his National Retail Partners – West (NRP-West) team along with Reg Kobzi in CBRE’s San Diego office completed the sale of BeachWalk, a 54,973 square-foot coastal retail center in the city of Solana Beach, Calif. Situated along Highway 101, the property is steps to the Pacific Ocean, walking distance to the Cedros Design District and Amtrak Train Station, and less than a mile from the world famous Del Mar Fairgrounds, site of the Del Mar Racetrack. The sale price was $33.25 million
FEMA

FEMA Hiring 100 Public Assistance Site Inspector Specialists

Calling all construction managers, building inspectors and disaster recovery specialists!  FEMA is seeking applicants for 100 reservist positions for Public Assistance (PA) Site Inspector Specialists in various locations.
Energy

Energy Department Announces New National Laboratory Collaborations with 38 Small Businesses

Today, at Earth Day Texas 2017, the U.S. Department of Energy (DOE) announced the 38 small businesses that will collaborate with national lab researchers through the Small Business Vouchers (SBV) pilot. SBV facilitates access to the DOE national labs for American small businesses, enabling them to tap into the intellectual and technical resources they need to overcome critical technology challenges for their advanced energy products and gain a global competitive advantage. Eight DOE national laboratories will receive funding to partner with 38 competitively selected small businesses across the country.
NAR

Existing-Home Sales Jumped 4.4% in March

Existing-home sales took off in March to their highest pace in over 10 years, and severe supply shortages resulted in the typical home coming off the market significantly faster than in February and a year ago, according to the National Association of Realtors®. Only the West saw a decline in sales activity in March.

Second Century Ventures Announces 2017 REach® Accelerator Class

The National Association of Realtors®’ strategic investment arm, Second Century Ventures, unveiled seven organizations chosen for the 2017 class of REach®, a growth technology accelerator program helping launch companies into the real estate, financial services, banking, home services and insurance industries. The program is focused on providing early-to mid-stage companies with access to NAR’s industry expertise, influence and key relationships as companies are launched into the trillion dollar real estate space
DHCD

DHCD Announces Respondents to Redevelop Historic Anacostia Properties

Department of Housing and Community Development Director Polly Donaldson announced today that the District received two responses to the Solicitation for Offers (SFO) for the development of six vacant and blighted properties in Historic Anacostia (Ward 8).

CONSTRUCTION EMPLOYMENT INCREASES IN 39 STATES OVER PAST 12 MONTHS; 17 STATES ADD JOBS...

California and Oregon Add Most Jobs for the Year; Illinois and Mississippi Have Largest Declines; New Mexico and California Top Monthly List; Alaska and Illinois Have Biggest Month-to-Month Drops
NAHB

Statement from NAHB Chairman Granger MacDonald on Canada Seeking Alternative Source of Lumber Exports...

Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville Texas, today issued the following statement regarding reports that Canada is looking at China to boost lumber exports as an alternative to the U.S
NAHB

Brown Statement on CFPB Action Against Ocwen Financial for Failing Homeowners

U.S. Sen. Sherrod Brown (D-OH) – ranking member of the Senate Banking, Housing, and Urban Affairs Committee – issued the following statement regarding today’s action by the Consumer Financial Protection Bureau and state regulators against Ocwen Financial Corp. The CFPB alleges that Ocwen, one of the nation’s largest nonbank mortgage servicers, for years “engaged in significant and systemic misconduct at nearly every stage of the mortgage servicing process,” according to the bureau.
MBA

MBA Offers Detailed GSE Reform Proposal

The Mortgage Bankers Association (MBA) today released a white paper GSE Reform: Creating a Sustainable, More Vibrant, Secondary Mortgage Market which provides a detailed picture of a reformed and revitalized secondary mortgage market. It also attempts to shed light on two critical areas that have tested past reform efforts - the appropriate transition to the reformed system and the role of the secondary market in advancing an affordable housing strategy.
NAHB

Increases in Remodeling Market Indicators Reflect Broad-Based Confidence

Some people think about it, while others would rather not. But if you’ve ever wondered what happens to all the water that leaves your home after the dishes are done and the toilet is flushed… now is your chance to find out.
NMHC

Apartment Markets Sluggish in the April NMHC Quarterly Survey

Despite moderate improvements over the first quarter of 2017, all four indexes of the National Multifamily Housing Council’s (NMHC) Quarterly Survey of Apartment Market Conditions remained below the breakeven level of 50. The Market Tightness (41), Sales Volume (30), Equity Financing (42), and Debt Financing (41) all indicated continued softening conditions in apartment markets even as demand for apartment residences remains strong.
Natural Resources

Bishop Announces Senior Committee Staff Changes

Kiel Weaver, staff director for the Subcommittee on Water, Power and Oceans, is leaving the Committee to join the office of House Speaker Paul Ryan. Beginning May 1, Kiel will serve as the Speaker’s adviser on energy and environment issues. Bill Cooper, staff director for the Subcommittee on Energy and Mineral Resources, and Rob Gordon, staff director for the Subcommittee on Oversight and Investigations, are also departing the Committee.
Dollar General Avoca IA

The Boulder Group Arranges Sale of Triple Net Lease Dollar General in Iowa

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Dollar General located at 812 N Walnut Street in Avoca, Iowa for $1,213,220.
Representative photo

Hanley Investment Group Completes Sale of Brand New Single-Tenant Starbucks at Record-Breaking Cap Rate...

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 a brand-new construction single-tenant corporate Starbucks with a drive-thru located in Bakersfield, Calif. The purchase price of $2.65 million represented a cap rate of 4.09 percent and $1,432 psf. According to CoStar, this sale achieved a record low cap rate for a single-tenant Starbucks in Bakersfield and a record high price per square foot in the city.

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Business Real Estate Press Releases

Before Kitchen Remodel - Revive

Is this the summer of the kitchen renovation?

Could the heart of your home benefit from a facelift this summer? Your timing could be spot-on, as 2025 is shaping up to be “the summer of the kitchen renovation,” according to the experts at Revive, a leading presale home renovation company.

Recent Gov & Nonprofit Real Estate Press Releases

Big Beautiful Success Story: Opportunity Zone Improvements in The One, Big,...

Improvements to the Opportunity Zone (OZ) program, which encourages greater investment in distressed communities, will result in more investments targeted to parts of rural America and greater transparency in the successes of the program.