Thursday, November 28, 2024

Yearly Archives: 2016

RJ Sommerdyke

R.J. Sommerdyke Joins Meridian Healthcare Acquisition Team

Meridian, a full-service real estate developer specializing in acquiring and developing real estate facilities for the healthcare sector, announced today that R.J. Sommerdyke has joined the company’s acquisition team in Southern California. Sommerdyke will play a key role in expanding Meridian’s platform of acquiring value-add healthcare properties throughout Southern California. More...
Medical Research Report

The Boulder Group Publishes Net Lease Medical Research Report

The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the activity in the National Net Lease Medical Market.

International Firm Establishes Headquarters at Two Greenway Centre

Crescent Communities, the largest active developer in Franklin’s Cool Springs submarket, today announced two companies will locate operations in Two Greenway Centre in Franklin, Tenn
Sacramento_SouthgatePlaza_walmart

CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of Southgate Plaza in Sacramento,...

CBRE Executive Vice President Philip D. Voorhees announced today that he, Jimmy Slusher and their National Retail Investment Group – West (NRIG-West) team completed the sale of Southgate Plaza, a 339,369-square-foot grocery-anchored shopping center in Sacramento, Calif., leased to three high-performing grocers, Walmart Neighborhood Market, 99 Ranch Market and 99 Cents Only, along with a complementary mix of co-tenants including, Ross Dress for Less, Skechers, Baskin Robbins, Sally Beauty, Payless Shoe Source, Chase Bank, Farmer & Merchants Bank, Taco Bell, H&R Block and others.

HHS awards $17 million to support innovations to strengthen the Federal Home Visiting Program

Today the U.S. Department of Health and Human Services (HHS) announced $17 million in funding for the Federal Home Visiting Programs in 13 states. This funding will support Health Resources and Services Administration (HRSA) Federal Home Visiting Program awardees in the development, implementation, and evaluation of innovations to strengthen and improve delivery of coordinated and comprehensive high-quality voluntary services to eligible families
Edes Building

KTGY-Designed Mixed-Use Development in Downtown Morgan Hill Receives Approval

International award-winning firm KTGY Architecture + Planning is pleased to announce a new three-story, 10,000-square-foot mixed-use building located in the heart of downtown Morgan Hill, Calif., was unanimously approved by the city’s planning commission. The project, to be named The Edes Building, is being developed by local restaurateur Dan McCranie, owner of Morgan Hill’s popular Ladera Grill.

FTC and Department of Justice Submit Comment to FERC on Need for Careful Market...

The Federal Trade Commission and the Department of Justice’s Antitrust Division have submitted a comment to the U.S. Federal Energy Regulatory Commission (FERC) regarding market power in wholesale electricity markets. The comment responds to a FERC request for comments on how it assesses market power with respect to mergers and electricity sales at market-based rates, which it evaluates under the Federal Power Act (FPA).

FHFA INCREASES FANNIE MAE AND FREDDIE MAC CONFORMING LOAN LIMITS FOR 2017

The Federal Housing Finance Agency (FHFA) announced November 23 that the maximum conforming loan limits for mortgages obtained by Fannie Mae and Freddie Mac will increase in 2017. This is the first time FHFA has increased the conforming loan limit since 2006.

This Giving Tuesday, AWEA will harness the Power of Wind to help veterans find...

The American Wind Energy Association (AWEA) is putting out a call this #GivingTuesday to its grassroots network, Power of Wind, asking for support communicating the economic success of wind power while also aiding veterans transitioning back to the civilian workforce.
Valvoline

The Boulder Group Arranges Sale of Net Lease Athletico Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Valvoline property located at 1321 South Breiel Boulevard in Middletown, Ohio for $360,000

K4Connect Relocates to West Raleigh

K4Connect, a mission-oriented technology company that creates solutions that serve and empower older adults and individuals living with disabilities, has signed a lease at Capital Center Raleigh. JLL Raleigh represented K4Connect in the transaction. Founded in 2013, the Company’s solutions enable simpler, smarter living environments and healthier lives for those the company serves, while fostering family and community engagement. More...
Simon Perkowitz

Simon Perkowitz, AIA of KTGY Presents “Anchor’s Away – Design Solutions for the Disappearing...

International award-winning KTGY Architecture + Planning is pleased to announce that Simon Perkowitz, AIA, PE, a principal in the firm's Retail Studio, has been invited to participate as a roundtable facilitator at the International Council of Shopping Centers (ICSC) CenterBuild Conference held from November 29, 2016 – December 2, 2016, at the JW Marriott Desert Ridge Resort & Spa in Phoenix, Ariz. More...
Michael Tseng

KTGY Director of Planning Michael Tseng Presents “Tenant Coordination – A-Z” at ICSC CenterBuild...

International award-winning KTGY Architecture + Planning is pleased to announce that Michael Tseng, director of planning for the firm's Retail Studio, has been invited to participate as a roundtable facilitator at the International Council of Shopping Centers (ICSC) CenterBuild Conference held from November 29, 2016 – December 2, 2016, at the JW Marriott Desert Ridge Resort & Spa in Phoenix, Ariz. More...
Athletico - Chicago, IL

The Boulder Group Arranges Sale of Net Lease Athletico Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Athletico Physical Therapy property located at 8905 South Commercial Avenue in Chicago, Illinois for $1,025,000. The Athletico Physical Therapy property is located in a densely populated area with significant barriers to entry. More...

New Home Sales Down 1.9 Percent in October

Sales of newly built, single-family homes fell 1.9 percent in October from a downwardly revised September reading to a seasonally adjusted annual rate of 563,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

HUD APPROVES FAIR HOUSING AGREEMENT WITH ORANGE COUNTY LANDLORDS RESOLVING HOUSING DISCRIMINATION COMPLAINTS

The U.S. Department of Housing and Urban Development (HUD) today announced today a Voluntary Compliance/Conciliation Agreement with the owners of an Orange County, California property and their management company, G & K Management, resolving allegations that they violated the Fair Housing Act by denying the reasonable accommodation requests of two women with disabilities.

Purchase Applications Drive Increase in Latest MBA Weekly Survey

Mortgage applications increased 5.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 18, 2016.

Statement from Diane Yentel, President and CEO of the National Low Income Housing Coalition,...

The National Low Income Housing Coalition (NLIHC) is committed to working with the next Department of Housing and Urban Development (HUD) secretary to ensure the country’s poorest families have decent, safe and affordable homes. HUD oversees federal rental assistance programs that serve over 5 million of the country’s lowest income households, as well as administers tens of billions of dollars in community development, disaster recovery, and homeless assistance funding, enforces fair housing laws and acts as one of the largest mortgage insurers in the world.

HUD AND CENSUS BUREAU REPORT NEW RESIDENTIAL SALES IN OCTOBER

Sales of new single-family houses in October 2016 were at a seasonally adjusted annual rate of 563,000, according to estimates released jointly today by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau. This is 1.9 percent (±13.1%)* below the revised September rate of 574,000, but is 17.8 percent (±16.9%) above the October 2015 estimate of 478,000
Stephen Oakley and Garrett of Fetch

Atlanta’s First Restaurant Dog Park Takes Root

Stephen Ochs and his business partner former Falcons player Garrett Reynolds today unveiled plans to launch Atlanta’s first restaurant and dog park bar concept in the Old Fourth Ward. Located at the intersection of Decatur Street and Boulevard, the restaurant will include Fetch Ice House, a full-service eatery and bar, and Fetch Park, an on-site dog park bar. More...

Business Real Estate Press Releases

Recent Gov & Nonprofit Real Estate Press Releases

FinCEN Requests Comments on Proposed Form for Compliance with Residential Real...

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a 60-day notice in the Federal Register concerning the form that select real estate professionals will use to report information about certain residential real estate transfers under the Residential Real Estate Rule.