Yearly Archives: 2015

Hunt Mortgage Group, a leader in financing commercial real estate throughout the United States, announced today that it has placed two loans to facilitate the acquisition of two multifamily properties located in the Southeast

Scott Robinson, MAI, SRA, AI-GRS, of Salisbury, North Carolina, will begin his one-year term as president of the Appraisal Institute on Jan. 1. The Appraisal Institute is the nation’s largest professional association of real estate appraisers with nearly 20,000 professionals in almost 60 countries.

The Federal Emergency Management Agency announced this week a grant of $1,194,653.70 to the Northern Mariana Islands. The funds are intended to be passed through to the Commonwealth Utilities Corporation for costs of restoring power on Saipan following Typhoon Soudelor

Pending home sales in November slightly declined for the third time in four months as buyers continue to battle both rising home prices and limited homes available for sale, according to the National Association of Realtors®. Modest gains in the Midwest and South were offset by larger declines in the Northeast and West.

As 2015 comes to a close, AARP celebrates the first of America's 62 million Generation Xers who hit a milestone and turned 50 this year by exploring what is important to them as they age. Gen X - born between 1965 and 1979- is the middle child generation that is sandwiched between their larger counterparts, Baby Boomers and Millennials. As they grow older, it is important to acknowledge that they are having a different experience than their cohorts, and that they are more than just an unsung demographic who wore parachute pants and acid wash jeans.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Aurora Health Care medical property located at 5818 West Capitol Drive in Milwaukee, WI for $3,634,603

Nearly all of the more than 183,000 Consumers Energy customers affected by a powerful Christmas Eve storm are expected to have their electricity restored today.

HUD proposed a new fair housing rule this past fall that provides guidance on “quid pro quo” and hostile environment harassment. This occurs when an individual in a protected class –relating to race, sex and disability – is subjected to unwelcome demands as a condition of their housing or when they are exposed to conduct that interferes with their ability to enjoy housing

Few years back, the downturn and liquidity crunch had forced developers to adopt a strategy of coming up with smaller units at lesser prices. This oriented developers focus on the affordable housing segment, which has now become a big thing in the real estate market. In a country like India where population is second largest in the world and economy is in a growing phase, availability of affordable homes is a dire need.

The District of Columbia Housing Finance Agency is closing out 2015 by funding another development in Southeast, Washington, D.C. The Agency finalized the issuance of $3.4 million in long term and $3.2 million in short term DCHFA tax exempt bonds for the construction of Bowen Flats.

Existing-home sales dropped off considerably in November to the slowest pace in 19 months, but some of the decrease was likely because of an apparent rise in closing timeframes that may have pushed some transactions into December, according to the 

Under two settlements with the Department of Justice and the U.S. Environmental Protection Agency (EPA), three Puerto Rico government agencies have agreed to upgrade portions of storm water systems they own within the Municipality of San Juan.  These upgrades, which will be performed by the Department of Natural and Environmental Resources, the Department of Transportation and Public Works from the Commonwealth of Puerto Rico and the Puerto Rico Highways and Transportation Authority, are aimed at eliminating or minimizing future discharges of sewage and other pollutants into water bodies in and around San Juan, including the Condado Lagoon, the Martin Peña Channel and the Atlantic Ocean.

he first day of winter, WSSC reminds you to take time to have your furnace or boiler, water heater and chimney inspected and regularly maintained. Carbon monoxide (CO) is deadly and can escape into your home if gas appliances or your chimney is not working properly

More than four years ago Housing Development Center partnered with three nonprofits to develop an innovative project, which meets critical human needs in East Portland and makes great use of an exceptional transit-oriented site. This year we completed work on this two-phase project, Glisan Commons and Gilman Court. Here’s a look back at what makes it stand out.

Sales of newly built, single-family homes rose 4.3 percent to a seasonally adjusted annual rate of 490,000 units in November, according to newly released data from HUD and the U.S. Census Bureau

Mortgage applications increased 7.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending December 18, 2015.

The first U.S. production in nearly 30 years of a specialized fuel to power future deep space missions has been completed by researchers at the Department of Energy‘s Oak Ridge National Laboratory (ORNL) in Tennessee

The Boulder Group, a net leased investment brokerage firm, has completed the sale of an office building that is leased to the Federal Bureau of Investigation located at 980 Sandhill Road in Reno, NV for $6,400,000.

HUD Secretary Julian Castro and Congresswoman Doris Matsui (D-CA) announced that the U.S. Department of Housing and Urban Development (HUD) will award the Housing Authority of the City of Sacramento $2,700,000 in grant funding for the Jobs Plus Pilot program as part of a $100 million investment in locally-based programs aimed to increase earnings and advance employment outcomes for residents of public housing through work readiness programs, employer linkages, job placement, and financial literacy.

The Housing Authority of the City of Pittsburgh (HACP) Board of Commissioners approved the commitment of $10 million to be used to expand the city’s affordable housing portfolio by an additional 200 units.