Yearly Archives: 2016
Construction Company Officer Pleads Guilty to Conspiring to Defraud Government
Michelle Cho, an officer of Far East Construction Corporation (Far East) and other construction companies, pleaded guilty today to a federal charge of conspiring to commit wire fraud. Cho also agreed to pay forfeiture in the amount of $169,166 and pay a criminal fine in the amount of $35,000.
NeighborWorks America selects new green-designated organizations
Fifteen nonprofit community development organizations were recognized today for their excellence in sustainable business and housing practices that are designed to save people money by NeighborWorks America. To date, 95 network members have earned the NeighborWorks Green Organization designation.
OSCC to Participate in November 30 Webinar
An upcoming webinar hosted by the Associated General Contractors of America (AGC), jointly presented with the American Bar Association Construction Forum, the Modular Building Institute and the National Institute of Building Sciences Offsite Construction Council (OSCC), will cover a variety of unique commercial and legal issues in industrial, commercial and residential modular construction.
GSA Hosts Industry Day for the Disposal of a Centrally Located Property in the...
U.S. General Services Administration’s hosted an industry day focused on the process of the the disposal of the Cotton Annex, a property in a prime location in the District of Columbia. The event had representatives from the Office of the Deputy Mayor for Planning and Economic Development (DMPED), the DC State Historic Preservation Office (DC SHPO), and the DC Office of Planning (DCOP)
Central Valley Builders Supply Doubles Down With Simpson Strong-Tie
In an environment that is experiencing changing demographics, a shrinking workforce, and reduced spending, the conventional wisdom is that brick and mortar retail building supply companies should be shying away from the big box format, opting instead for smaller formats with leaner inventories. Central Valley, a San Francisco Bay Area-based building supply company, is taking a more aggressive stance, by partnering with Simpson Strong-Tie, the industry leader in engineered structural connectors.
Last Day to Register for MMC Webinar: How Business Continuity Can Contribute to Community...
Tuesday, November 15, from 2:00 to 3:00 pm ET, the National Institute of Building Sciences Multihazard Mitigation Council (MMC) will present the webinar, titled “How Does Business Continuity Contribute to Community Resilience?". Don't miss it! Registration closes today.
Boomers, The New Hipsters, Fueling Apartment Demand
According to Manny Gonzalez, FAIA, LEED AP and principal, with international, award-winning KTGY Architecture + Planning, National Multifamily Housing Council’s (NMHC) research shows that aging boomers will represent a larger share of growth in the apartment market as millennials begin to marry, have children and buy homes.
HUD, VA TEAM UP TO HELP HOMELESS VETERANS FIND PERMANENT HOMES
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) today announced $18.5 million to 39 local public housing agencies across the country to provide a permanent home to an estimated 2,100 veterans experiencing homelessness.
SBIC Appoints Jury for 2016 Beyond Green™ Awards
The National Institute of Building Sciences Sustainable Buildings Industry Council (SBIC) announces the appointment of Illya Azaroff, Teresa Rainey and David Underwood to serve as the jury for the 2016 Beyond Green™ High-Performance Building and Community Awards.
Obama Administration Announces New Financing For Renewable Energy Projects And Actions To Spur Innovation...
President Obama’s leadership has catalyzed a global transition towards a clean energy economy. From 2010-2015 alone, the U.S. has invested in more than $11 billion in international clean energy finance – including grant-based assistance, development finance, and export credit – to support countries as they work to meet their growing energy needs, while improving development outcomes and reducing carbon emissions
ULI to Advise City of El Paso on Strategies for Developing a Resilient Active...
A group of renowned land use and urban planning experts has been convened by the Urban Land Institute (ULI) to make recommendations to the City of El Paso on developing resilient land use strategies for the proposed regional Active Transportation System (ATS). The panel, which includes experts representing all aspects of urban design and urban development, is being sponsored by the City of El Paso’s Office of Resilience & Sustainability
Mayors of Anchorage, Grand Rapids, San José and Washington Selected as 2017 Class of...
The National League of Cities (NLC) and the Urban Land Institute (ULI) today announced that mayors from four cities — Anchorage, Alaska; Grand Rapids, Michigan; San José, California and Washington, D.C. — have been selected as the 2017 class of Daniel Rose Fellows by the Rose Center for Public Leadership in Land Use.
Mayor Bowser to Break Ground On Affordable Housing in Ward 7
On Tuesday, Mayor Bowser and Deputy Mayor for Planning and Economic Development Brian Kenner will break ground on Deanwood Hills, a 150-unit affordable housing development located at 5201 Hayes Street, NE in Ward 7. This project is part of the New Communities Initiative (NCI), a District effort to revitalize some of DC’s most underserved neighborhoods. The groundbreaking represents the first activity on an NCI development in nearly four years.
Delinquencies and Foreclosures Decrease in Latest Survey
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased 14 basis points to a seasonally adjusted rate of 4.52 percent of all loans outstanding at the end of the third quarter of 2016. This was the lowest level since the second quarter of 2006 when the delinquency rate was 4.39 percent. The delinquency rate was 47 basis points lower than one year ago, according to the Mortgage Bankers Association's (MBA) National Delinquency Survey.
Meridian Receives 2016 HREI Insights Awards Nomination for Two Medical Office Building Projects
Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that two of its projects have been selected as finalists in the 2016 HREI Insights Awards competition in the “Best New Medical Office Buildings Under 25,000 Square Feet” and “Best Renovated or Repurposed Healthcare Facility” categories.
Final rule issued by BLM makes wind development on public land less likely
The American Wind Energy Association (AWEA) issued the following statement regarding the Bureau of Land Management’s (BLM) final rule governing wind and solar energy development on public lands
Investors Unite Teleconference: What is Risk Sharing? And how does it Work?
On Tuesday, November 15 at 10:30 am EST, Investors Unite will hold a teleconference to discuss risk sharing in the secondary mortgage market, a major policy that could affect Fannie Mae and Freddie Mac moving forward.
SEIA Releases Diversity Best Practices Guide for the Solar Industry
With solar on track to become the most diverse energy source in America, the Solar Energy Industries Association (SEIA) has released a Diversity Best Practices Guide for the Solar Industry – a guiding tool for organizations looking to implement diversity goals.
The Boulder Group Arranges Sale of Net Lease Starbucks Property
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Starbucks property located at 630 Northwest Highway in Cary, Illinois for $1,650,000.
JLL wins CoreNet Global’s 2016 Global Innovator’s Award
For the first time, JLL has been awarded CoreNet Global’s H. Bruce Russell Global Innovator’s Award for JLL’s Innovation & Product Development (IPD) platform. JLL’s IPD accepted the award honoring excellence and innovation in corporate real estate during CoreNet’s 2016 North American Summit this week in Philadelphia.
