Yearly Archives: 2016
International WELL Building Institute™ Announces WELL Certification Program Achievements
Two years after the public release of v1 of the WELL Building Standard™ (WELL), the International WELL Building Institute™ (IWBI™) announces milestone achievements in the development, growth and expansion of the WELL Certification program. The world’s first building standard focused exclusively on the effects of the built environment on human health and well-being, WELL has brought health and well-being to the forefront of the sustainable building conversation and triggered new innovations in building practices, design and development.
CONSTRUCTION SPENDING HOLDS STEADY IN AUGUST AND IS UP BY NEARLY 5 PERCENT FOR...
Construction spending held steady in August compared to July but is up nearly five percent for the first eight months of the year compared to same period in 2015, according to an analysis by the Associated General Contractors of America. Association officials said the new spending figures indicates that the industry's recovery may be at risk and said new investments in the nation's aging water systems and other infrastructure could help offset declining spending in certain types of private construction.
Habitat for Humanity’s 2017 Jimmy & Rosalynn Carter Work Project to build 150 homes...
Habitat for Humanity’s 34th Jimmy & Rosalynn Carter Work Project will take place July 9-14, 2017 in Canada. Volunteers will work alongside future Habitat homeowners and build 150 homes in celebration of Canada’s 150th anniversary. The project will take place in several cities across the country, with President and Mrs. Carter focusing their efforts in Edmonton, Alberta, and in Winnipeg, Manitoba
DCHFA Closes Fiscal Year 2016 by Financing Affordable Housing Developments in Wards 7 and...
Fiscal Year 2016 is coming to a close and the District of Columbia Housing Finance Agency (DCHFA) is ending it by financing two affordable housing rehabilitation projects, Fort Chaplin Park Apartments (Ward 7) and Pomeroy Gardens (Ward 8). On September 30, DCHFA issued $61 million in long term DCHFA tax exempt obligations for the acquisition and rehabilitation of Fort Chaplin Park Apartments (4212 E. Capitol Street, NE, Washington, DC). The project is comprised of two separate parcels located on the north and south sides of East Capitol Street in Northeast Washington.
Habitat for Humanity’s commitments to reduce poverty and foster more sustainable cities
World Habitat Day, Habitat for Humanity joins the United Nations and other organizations around the world in raising awareness of the global need for adequate housing and mobilizing individuals and communities to take action.
Growing Job Opportunities in Residential Construction Offer Solid Career Path for Millennials
As the National Association of Home Builders (NAHB) celebrates Careers in Construction Month in October, builders around the country are seeking skilled craftsmen to help them build the American Dream.
Capital Pacific Sells Corporate Three Tenant Shopping Center in Maplewood, MN
Capital Pacific, a leading retail investment brokerage firm, recently represented the seller of Venner Plaza, a 11,032 SF three tenant freestanding building located at 1987 County Road D, Maplewood, MN. The property was sold for $6,175,000 to a California based 1031 exchange investor. More...
Capital Pacific Sells Mattress Firm in Roseville, MN
Capital Pacific, a leading retail investment brokerage firm, recently represented the seller of a 3,650 SF Mattress Firm located at 2174 Snelling Avenue N. in Roseville, MN. The property was developed by a Northern California based development firm and sold for $2,500,000 to a private investor. More...
AARP Applauds CMS Rule Prohibiting Nursing Homes from Using Forced Arbitration Agreements
AARP applauds the Centers for Medicare & Medicaid Services’ (CMS) final rule that prohibits nursing homes and other long-term care facilities from using mandatory pre-dispute binding arbitration agreements with their residents
HUD AWARDS $38 MILLION TO FIGHT DISCRIMINATION
The U.S. Department of Housing and Urban Development (HUD) announced today that it is awarding $38 million under its Fair Housing Initiatives Program (FHIP) to confront discriminatory housing practices. HUD's grants will support some 155 national and local fair housing organizations working to confront violations of the nation's landmark Fair Housing Act (see grantee list below)
HUD Deputy Secretary Nani Coloretti Appointed to NeighborWorks America Board
Today NeighborWorks America, a nonprofit, nonpartisan, Congressional-sponsored corporation, announced the appointment of new board member Nani Coloretti. Nani Coloretti serves as Deputy Secretary of the U.S. Department of Housing and Urban Development (HUD).
NCRC Statement on the Release of 2015 Home Mortgage Disclosure Act Data
Today, in reaction to the release of the 2015 Home Mortgage Disclosure Act (HMDA) data, the National Community Reinvestment Coalition’s (NCRC) President and CEO John Taylor made the following statement
District Government Moves to Expedite New School Construction on Walter Reed Campus
Mayor Bowser and U.S. Army take first step to transfer land to ensure District of Columbia International School is built by 2017 school year.
Washington,...
JLL to provide project management services for new Convocation Center at the University of...
JLL has been selected by the University System of Georgia to provide project management services for the construction of a new Convocation Center at the University of North Georgia’s Dahlonega Campus. “The University of North Georgia and JLL have partnered successfully on multiple transformational projects during the last decade, said Frank ‘Mac’ McConnell, Senior VP for Business and Finance at UNG, “and we consider JLL one of the very best firms in the industry. This project is a continuation of the successful elationship.”
The Boulder Group Publishes 3rd Quarter Net Lease Market Research Report
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the 3rd quarter activity in the National Net Lease Market.
The Boulder Group Arranges Sale of Single Tenant Net Leased Rite Aid Property
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Rite Aid property located at 8230 Cazenovia Road in Manlius, New York for $3,800,000.
Proffitt Dixon Delivers First Units at Peyton Stakes; Apartment community is first in Nashville...
Proffitt Dixon Partners, a Charlotte-based multifamily investment and development firm, said today Peyton Stakes is nearing completion in Nashville and their first residents began moving in last week. The apartment community is comprised of 249 units between two connected buildings.
Federal Construction Projects in D.C. Show No Hiring or Subcontracting; As Firms Increase Work,...
The office of Congresswoman Eleanor Holmes Norton (D-DC) today released the most recent set of available data (July 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. These projects were not hiring from any jurisdiction in July, but D.C. representation among workers held steady. The same was true of subcontracting, with no sites adding subcontractors from any jurisdiction
Pending Home Sales Retreat in August
After bouncing back in July, pending home sales cooled in August for the third time in four months and to their lowest level since January, according to the National Association of Realtors
ORACLE CONSTRUCTION AND ENGINEERING NAMED LEADERSHIP CIRCLE PARTNER OF BOMA INTERNATIONAL
Oracle Construction and Engineering, a leading provider of capital project controls and project lifecycle management solutions, announced that it has joined the Building Owners and Managers Association (BOMA) International’s Partnership Program. As a Leadership Circle Partner, Oracle Construction and Engineering pledges to support BOMA’s critical work in advocacy, education and research.