Yearly Archives: 2016
The Boulder Group Arranges Sale of a Net Lease Best Buy Property
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Best Buy property located at 6502 Grape Road in South Bend, Indiana for $9,009,000. The Best Buy is strategically positioned in a regional retail trade area approximately three miles from the prestigious University of Notre Dame. More...
NCOA Awards Grants to 15 New Organizations to Become Benefits Enrollment Centers
The National Council on Aging (NCOA) has awarded grants to 15 new organizations to become part of a growing national network of Benefits Enrollment Centers (BECs) that provide person-centered assistance to low-income seniors and younger adults with disabilities to enroll them in programs that help pay for health care, prescriptions, food, utilities, and more.
Existing-Home Sales Jump Again in October
Existing-home sales ascended in October for the second straight month and eclipsed June's cyclical sales peak to become the highest annualized pace in nearly a decade, according to the National Association of Realtors®. All major regions saw monthly and annual sales increases in October
Second Century Ventures Invests in Trust Stamp and Keeping Realtors® Safe
The National Association of Realtors®’ venture capital fund Second Century Ventures has become a strategic investor in Trust Stamp, an identity authentication company that leverages artificial intelligence and blockchain technologies.
HUD ANNOUNCES NEW FORMULA FOR INDIAN HOUSING BLOCK GRANT PROGRAM
After three years of negotiation with federally and state-recognized tribes across the country, the U.S. Department of Housing and Urban Development (HUD) today announced a new funding formula used to allocate funds through the Indian Housing Block Grant (IHBG) Program.
High Renewable Electricity Growth Continued in 2015
The 2015 Renewable Energy Data Book shows that U.S. renewable electricity grew to 16.7 percent of total installed capacity and 13.8 percent of total electricity generation during the past year. Published annually by the National Renewable Energy Laboratory (NREL) on behalf of the Energy Department's Office of Energy Efficiency and Renewable Energy, the data book illustrates U.S. and global energy statistics, including renewable electricity generation, renewable energy development, clean energy investments, and technology-specific data and trends.
Repeat Buyer Seeking Single Tenant Jiffy Lube Properties
Repeat Client Seeking Single Tenant Jiffy Lube Properties. The Boulder Group is representing a repeat client looking to acquire single tenant properties entailing the following acquisition criteria
MBA Opens Doors Foundation Completes Record Setting Fundraising Season
The Mortgage Bankers Association Opens Doors Foundation (MBA Opens Doors) today announced it reached its 2016/2017 fundraising campaign goal of $1.5 million during its annual convention which was recently held in Boston. MBA Opens Doors is a non-profit organization dedicated to providing assistance to families with a critically ill or injured child by making their mortgage or rent payment.
201 Commercial Real Estate Pros Earn the Prestigious CCIM Designation
CCIM's newest 201 designees were honored by CCIM Institute and their local chapter members during a pinning ceremony and cocktail reception on Oct. 26 during CCIM Institute's Annual Governance Meetings at the Grand Hyatt Atlanta in Atlanta. The new CCIMs hail from 37 states, with the highest concentration in Texas, Florida, and California, and have varying years of experience and work in all aspects of the commercial real estate profession.
Rutgers Business School Wins National Building Design Award
The new Rutgers Business School in Piscataway, N.J., has earned national recognition in the 2016 Innovative Design in Engineering and Architecture with Structural Steel awards program (IDEAS2. In honor of this achievement, members of the project team will be presented with awards from the American Institute of Steel Construction (AISC) during a ceremony to take place at the building on Tuesday, November 22, at 4 p.m.
Affordable Housing for Families and the Formerly Homeless Opens in Fremont
On November 3rd, Fremont Mayor Bill Harrison, Alameda County Supervisor Scott Haggerty, California State Senator Bob Wieckowski and U.S. Congressman Eric Swalwell joined other leaders to celebrate the Grand Opening of Laguna Commons, a transit-oriented, environmentally sustainable, and well-designed affordable rental apartment community that serves as a model for affordable housing development. The event highlights the value of Measure A1 which, if passed next week, will help create more communities like Laguna Commons for Alameda County’s working families, children, veterans, seniors, and people with special needs
ALLY FINANCIAL AGREES TO PAY $52 MILLION TO RESOLVE INVESTIGATION INTO IMPROPER CONDUCT RELATED...
Ally Financial Inc. has agreed to pay the United States $52 million to settle allegations that its subsidiaries acted improperly in relation to 10 subprime residential mortgage backed securities (RMBS) in 2006 and 2007.
D.C. Residents See Increase in Opportunities at Federal Construction Sites in D.C.
The office of Congresswoman Eleanor Holmes Norton (D-DC) today released the most recent data available (September 2016) on the number of District of Columbia residents hired to work at federal construction sites in the District and D.C. small businesses with subcontracts at the sites. The projects did not hire new workers during this period except for the Department of Homeland Security (DHS) headquarters project at St. Elizabeths, where Grunley Construction hired an additional D.C. resident. A new small business set-aside was awarded for DHS Operations Center phase 2 fit-out
HUD Properties Available for Homeless Services
In accordance with the Stewart B. McKinney Homeless Assistance Act, HUD published a Notice in the Nov. 18, 2016, Federal Register identifying Federal buildings and other real property HUD has reviewed for suitability for use to assist the homeless. The properties were reviewed using information provided to HUD by Federal landholding agencies or by GSA regarding their inventories of excess or surplus property. The list includes buildings and properties in Oklahoma
International Award-Winning KTGY Architecture + Planning Celebrates 25th Anniversary with 25 Acts of Gratitude
International award-winning KTGY Architecture + Planning, one of the nation’s leading full-service architecture and planning firms, is celebrating its 25th Anniversary in business, by highlighting 25 Acts of Gratitude.
PACE Energy Efficiency Mortgages Still Risky Despite New Department of Energy Guidelines
New best practices guidelines released today by the U.S. Department of Energy (DOE) for Property Assessed Clean Energy (PACE) mortgages could encourage states and localities to begin to address some of the growing problems and potential for abuse in this market. The new guidelines are a significant improvement from earlier guidelines but far stronger, enforceable protections are needed to ensure true energy savings and to protect homeowners
HUD AND CENSUS BUREAU ANNOUNCE NEW RESIDENTIAL CONSTRUCTION ACTIVITY IN OCTOBER
The U.S. Department of Housing and Urban Development (HUD) and the Census Bureau jointly announced the following new residential construction statistics for October 2016
DHCD Announces NOFA for Winter 2017 Affordable Housing Rental Round
The Department of Housing and Community Development (DHCD) announced a Notice of Funding Availability (NOFA) for the start of the winter 2017 affordable housing competition for rental projects
MBA Commits $100,000 to Diversity and Inclusion Scholarships
The Mortgage Bankers Association (MBA) today announced that it would dedicate proceeds from its 3rd Annual Summit on Diversity and Inclusion, totaling $100,000, to its Path to Diversity & Inclusion Scholarships. The scholarships support diverse individuals who take MBA Education courses for professional development.
HOUSING NOT HANDCUFFS REPORT SHOWS INCREASE IN THE CRIMINALIZATION OF HOMELESSNESS
Today, the National Law Center on Homelessness & Poverty ("Law Center") releases its Housing Not Handcuffs report which shows that the criminalization of homelessness continues to increase throughout the country, despite strong evidence showing it is counter-productive and expensive. A national press conference will be held today at 11 a.m. ET to discuss the findings of the report.
