Thursday, November 28, 2024

Yearly Archives: 2017

Rick Arvielo Appointed Chairman of MORPAC for 2017-2018

The Mortgage Bankers Association (MBA) has announced that Rick Arvielo, CEO of New American Funding, was appointed chairman of the Mortgage Bankers Association Political Action Committee (MORPAC) for the 2017-2018 election cycle, by Rodrigo Lopez CMB, MBA chairman and Executive Chairman of NorthMarq Capital, and David Motley, MBA Chairman-Elect and President of Colonial Savings, F.A. and its divisions -- Colonial National Mortgage and CU Members Mortgage. Arvielo succeeds Jamie Korus who served as MORPAC Chairman for the 2015-2016 election cycle.

NAHB Announces Builder, Community of the Year in Best of 55+ Housing Awards

The National Association of Home Builders (NAHB) named Renaissance Luxury Living at Sun Lakes the 2017 Community of the Year and its builder, Robson Resort Communities, the 2017 Builder of the Year, as part of the Best of 55+ Housing Awards. This year marks the 25th anniversary of the awards program

Mortgage Relief Defendant Banned from Debt Relief Business

Damian Kutzner, one of the operators of a mortgage relief scheme that bilked millions of dollars from financially distressed homeowners, has agreed to a court order banning him from the debt relief business

NCGBCS White Paper Looks at Role of Existing Building Codes

The National Institute of Building Sciences National Council of Governments on Building Codes and Standards (NCGBCS) today issued a white paper focused on one of its priorities, “The Role of Existing Building Codes in Safely, Cost-Effectively Transforming the Nation’s Building Stock.”
Walgreens Muscatine, IA REP

The Boulder Group Arranges Sale of Single Tenant Net Leased Walgreens

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 1703 Park Avenue in Muscatine, Iowa for $3,639,000.

NAHB Honors Five Outstanding Young Professionals

The National Association of Home Builders (NAHB) has honored five home builders around the country as the 2016 Young Professionals of the Year. The awards were given Monday evening in Orlando, Fla., during the NAHB International Builders’ Show®

SEVENTY-THREE PERCENT OF CONSTRUCTION FIRMS PLAN TO EXPAND HEADCOUNT IN 2017 AS CONTRACTORS EXPECT...

Seventy-three percent of construction firms plan to expand their payrolls in 2017 as contractors expect private and public sector demand to grow in all market segments, according to survey results released today by the Associated General Contractors of America and Sage Construction and Real Estate. Despite the general optimism outlined in Expecting a Post-Election Bump: The 2017 Construction Industry Hiring and Business Outlook, many firms report they remain worried about the availability of qualified workers and rising health and regulatory costs

Port Authority Omitted Risks to Investors in Roadway Projects

The Securities and Exchange Commission today announced that the Port Authority of New York and New Jersey has agreed to admit wrongdoing and pay a $400,000 penalty to settle charges that it was aware of risks to a series of New Jersey roadway projects but failed to inform investors purchasing the bonds that would fund them

U.S. Energy Secretary Moniz, New Mexico Delegation Recognize Reopening of the Waste Isolation Pilot...

U.S. Energy Secretary Ernest Moniz, accompanied by members of the New Mexico delegation including Governor Susana Martinez, U.S. Senator Martin Heinrich, U.S. Representatives Steve Pearce and Michelle Lujan Grisham, and Carlsbad Mayor Dale Janway recognized the official reopening and resumption of waste operations at the Waste Isolation Pilot Plant (WIPP). WIPP is the nation’s first deep-geological facility in the United States for disposal of defense-related transuranic (TRU) radioactive waste and is located 26 miles east of Carlsbad, NM. Waste emplacement activities were halted in February of 2014 following a waste drum rupture in an underground storage panel.

NAHB Names Outstanding Educators, Professionals of the Year

The National Association of Home Builders last night honored 12 individuals who have excelled in teaching NAHB education courses and for their professionalism as NAHB educational designation holders as the Educators and Designees of the Year. The awards were given during the 2017 International Builders‘ Show® held this week in Orlando, Fla

Four Individuals Charged for Alleged Involvement in Foreign Bribery Scheme Involving $800 Million International...

Court documents were unsealed today charging four individuals for their roles in a scheme to pay $2.5 million in bribes to facilitate the $800 million sale of a commercial building in Vietnam to a Middle Eastern sovereign wealth fund.

Institute Unveils National BIM Guide for Owners

Following a year-long development process, the National Institute of Building Sciences released its new guideline to help building owners utilize building information modeling (BIM). The National BIM Guide for Owners (NBGO) provides building owners with an approach, from their own profession’s standpoint, to create and fulfill BIM requirements for a typical project. Unveiled during the kickoff of Building Innovation 2017: The Institute’s Fifth Annual Conference and Expo in Washington, D.C., the Guide is now available free online.

Worker, Water Shortages Primary Concerns in 2016 Moving Forward Report

The National Institute of Building Sciences Consultative Council released its 2016 report, Moving Forward: Findings and Recommendations from the Consultative Council, during its Annual Meeting, held as part of Building Innovation 2017: The National Institute of Building Sciences Annual Conference and Expo.

2017 International Builders’ Show to Showcase the Industry’s Largest Product Display

Housing professionals from across the country and abroad will convene at the Orange County Convention Center Jan. 10-12 for the 2017 International Builders’ Show® (IBS), the largest annual light construction show in the world. The National Association of Home Builders (NAHB) event, held in one of the largest convention centers in the country, will feature the most cutting-edge designs, technologies and products for all segments of the industry

Housing Will Continue Gradual Climb to Higher Ground in 2017

Fueled by a growing economy, solid employment gains and rising household formations, single-family production will continue on a gradual, upward trajectory in 2017, according to economists speaking at the National Association of Home Builders (NAHB) International Builders’ Show in Orlando, Fla., today

Community, Development of the Year Named in NAHB Multifamily Pillars of the Industry Awards

A-Mill Artist Lofts in Minneapolis was named Community of the Year and Bozzuto Development, based in Greenbelt, Md., was named Multifamily Development Firm of the Year by the National Association of Home Builders (NAHB) as part of the association’s Multifamily Pillars of the Industry Awards.

Remodelers Find Operational Efficiencies as the Market Recovers

Remodelers’ average profit margins have increased since 2011, indicating they are running their businesses more efficiently as residential remodeling activity steadily improves, according to experts at a press conference hosted by the National Association of Home Builders (NAHB) Remodelers during the International Builders’ Show® in Orlando, Fla.

55+ Housing Market Shows Continued Growth

The 55+ housing market is expected to keep on its path of growth, according to industry experts at a press conference held today at the National Association of Home Builders (NAHB) International Builders' Show (IBS) in Orlando, Fla.
2626 Hanover

Meridian Completes $4 Million Repositioning of 12,500 SF General Office Building in Palo Alto,...

With more than 300,000 SF currently in development/redevelopment and another 200,000 SF in the pipeline, Meridian is still aggressively pursuing more value-add general office and medical office building opportunities throughout California. More...
Stevenson Ranch_Ralphs_sm

Hanley Investment Group Concludes 2016 with Sale of 82 Deals, $540 Million for the...

Hanley Investment Group Real Estate Advisors, a nationally-recognized boutique real estate brokerage and advisory firm specializing in the sale of retail properties, announced today the company closed out the year 2016, with the sale of 82 retail properties totaling nearly $540 million.

Business Real Estate Press Releases

Recent Gov & Nonprofit Real Estate Press Releases

Appraisal Institute

Appraisal Institute Releases Comprehensive Guide to Valuing Religious Properties

The Appraisal Institute is pleased to announce the release of A Guide to Appraising Religious Properties by Bradley R. Carter, MAI, a leading authority in the field of property valuation. This