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CONSTRUCTION SPENDING SLIPS IN MAY BUT RISES FOR FIRST FIVE MONTHS OF 2016, WITH...

Outlook Appears Favorable, as Weather Anomalies May Have Distorted Monthly Results, but Contractors Fret About Finding Enough Qualified Workers; Association Officials Push Congress to Renew, Reform Perkins Act

Builders Urge Caution as Congress Reauthorizes the National Flood Insurance Program

Extreme flood insurance rate hikes and inaccurate floodplain maps drive up the cost of homeownership and threaten small businesses, the nation’s home builders told Congress today

CONSTRUCTION EMPLOYMENT DECLINES OR STAGNATES IN OVER ONE-THIRD OF U.S. METRO AREAS BETWEEN MAY...

Anaheim-Santa Ana and Monroe, Mich. Top Growth List; Midland, Texas, and Bloomington, Ill. Have Largest Declines as Roads & Other Infrastructure Suffer From Neglect 60 Years after First Highway Bill

REALTORS® to Congress: Flood Insurance Rates Post Threat to Business, Homeownership

Flood insurance costs continue to put small businesses and homeownership at risk, but the National Association of Realtors® told U.S. Senators today that a range of solutions are on the horizon

Second OSCC Webinar Addresses Precast Concrete Off-Site Construction

The National Institute of Building Sciences Off-Site Construction Council (OSCC) and the Precast/Prestressed Concrete Institute (PCI) will co-sponsor the second webinar in OSCC’s new webinar series designed to share knowledge and improve industry efficiency, productivity and speed to market through the use of pre-fabrication and off-site construction. The webinar, “Precast Concrete Off-Site Construction: Techniques & Case Studies,” will be held July 26 from 11:00 am to 12:00 pm CT (12:00 pm to 1:00 pm ET) and again July 28 from 2:00 pm to 3:00 pm CT (12:00 pm to 1:00 pm PT).

Raising the Bar for Giving: ULI Leader Stephen Quazzo Named Chairman of the ULI...

Urban Land Institute (ULI) leader Stephen R. Quazzo, chief executive officer of Pearlmark Real Estate in Chicago, has been named chairman of the ULI Foundation. A current member of the Foundation’s board of directors, Quazzo will begin his two-year chairmanship term July 1, 2016.

WSSC FY17 Budget Takes Effect July 1 Includes Full Phase-In of Infrastructure Fee

WSSC’s fiscal year 2017 (FY17) operating and capital budget of $1.4 billion goes into effect on July 1. The new budget, focused on continued rehabilitation of aging water and sewer pipelines, includes a 3 percent usage rate increase as well as the full phase-in of the Infrastructure Investment Fee (IIF), an additional $6 per quarter

Building on a Legacy of Leadership in Land Use and Community Building: ULI Welcomes...

The Urban Land Institute (ULI) welcomes new members to the Institute’s global board of directors and new global trustees, all of whom start serving their terms on July 1, 2016

Transamerica partners with Habitat for Humanity to help families build affordable housing

More than 300 Transamerica employees will help build or repair homes in eight cities across the United States this year in partnership with Habitat for Humanity. This is the company’s fifth consecutive year of partnering with Habitat, building strength, stability and self-reliance through shelter

FIFTEEN COMMERCIAL PROPERTIES WIN THE OUTSTANDING BUILDING OF THE YEAR® AWARDS

The commercial real estate industry honored 15 commercial properties with The Outstanding Building of the Year® (TOBY®) Awards last night at the Building Owners and Managers Association (BOMA) International’s annual conference, the 2016 BOMA International Conference & Expo in Washington, D.C. This year marked the 30th anniversary of the awards.

Pending Home Sales Skid in May

After steadily increasing for three straight months, pending home sales let up in May and declined year-over-year for the first time in almost two years, according to the National Association of Realtors®. All four major regions experienced a cutback in contract activity last month

U.S. Green Building Council Announces 2015 LEED Homes Award Winners

USGBC announced the recipients of its annual LEED Homes Awards, which recognizes projects, architects, developers and homebuilders who have demonstrated outstanding leadership and innovation in the residential green building marketplace.

DCHFA Relaunches the HomeSaver Foreclosure Prevention Program

The District of Columbia Housing Finance Agency (DCHFA) is closing out Homeownership Month by reopening the HomeSaver Phase I mortgage assistance program. This year, the Agency received two funding allocations totaling $8,047,933 from the U.S. Department of the Treasury’s Hardest Hit Fund (HHF). This award will be used to aid eligible District of Columbia homeowners that have fallen behind on their mortgage payments due to unemployment or under employment.

Touchstone Named NAIOP 2016 Developer of the Year

Seattle commercial real estate leader honored for company performance, commitment to sustainability NAIOP, the Commercial Real Estate Development Association, has selected Touchstone as the 2016 Developer of the Year – the association’s highest honor.

New REALTOR Benefits® Partner Provides Members-Only Online Shopping Destination

The National Association of Realtors® has partnered with Electronics Row to create a Members’ Gift Galleria(link is external), the first-of-its-kind custom shopping destination exclusively for Realtors®, association members and their families.

D.C. Council Unanimously Approves Region-Leading 50% Renewable Energy Target

The nation’s capital took another step toward nation-leading climate action today, as the District of Columbia Council unanimously approved legislation (B21-650) to expand D.C.’s renewable energy target to 50 percent by 2032.

National League of Cities Launches First-Ever Equitable Economic Development Fellowship

The National League of Cities (NLC), PolicyLink and the Urban Land Institute (ULI) are convening today in Portland, Oregon to launch the first-ever Equitable Economic Development Fellowship. Six cities were chosen to participate in the inaugural year of the fellowship: Boston, Charlotte, Houston, Memphis, Milwaukee, and Minneapolis

Consumers Energy Rolling Out New Mobile Command Centers to Improve Emergency Response

Consumers Energy has developed two new specially equipped vehicles to help keep its safety promise to Michigan. The two mobile command centers were designed and outfitted to respond to any localized emergency the energy provider may face, as well as to support widespread storm restoration work.

Former Attorney Pleads Guilty to Participating in Fraudulent Mortgage Modification Scheme

The Department of Justice announced that a former California licensed attorney pleaded guilty in U.S. District Court in Santa Ana, California, for his role in a multi-million dollar fraudulent mortgage modification scheme

Energy Secretary Moniz’s Energy Efficiency Legacy Celebrated With Prestigious Award

Lockheed Martin, Sacramento Municipal Utility District (SMUD), Staples, Tennessee Valley Authority (TVA), View, Inc. and Guy Van Syckle Join Moniz as Winners of the Alliance to Save Energy’s 24thAnnual Star of Energy Efficiency Awards

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.

Recent Gov & Nonprofit Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.