Yearly Archives: 2019
NHC urges communication between property managers and residents as shutdown continues
As the federal government partial shutdown continues to drag on, multifamily housing owners across the country are feeling its impact and consumers are increasingly concerned that this unprecedented crisis of governing could literally impact their ability to remain in their homes.
$200K Grant Makes Building Farm Labor Housing Possible
Origin Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) have awarded a $200,000 Affordable Housing Program (AHP) grant to assist a local nonprofit with building housing for low-income farm laborers in Bastrop, Louisiana.
Hanley Investment Group Arranges Sale-Leaseback of Bush’s Chicken in Georgetown, Texas
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, has arranged the successful sale-leaseback of a single-tenant triple-net
3 Reasons You Should Hire an MEP Engineer for Your Next Project
An MEP engineer is a mechanical, electrical, and plumbing engineer. MEP engineers handle the planning and design of these critical systems whether you’re retrofitting an existing building or designing a new architectural wonder.
Diaz-Balart Will Continue as Leading Republican on Transportation, Housing and Urban Development Appropriations Subcommittee
Congressman Mario Diaz-Balart (FL-25) was today elected by House Republican Steering Committee to continue his service as the leading Republican on the Transportation, Housing and Urban Development Subcommittee. Diaz-Balart served as the Subcommittee’s Chairman since 2015.
Construction Input Prices Continue to Fall in December, Says ABC
Construction input prices declined 1.7 percent in December on a month-over-month basis yet are 3.5 percent higher than the same time last year, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today. In December, nonresidential construction prices fell 1.6 percent but are up 4.1 percent compared to one year ago.
Existing-Home Sales See 6.4 Percent Drop in December
After two consecutive months of increases, existing-home sales declined in the month of December, according to the National Association of Realtors®. None of the four major U.S. regions saw a gain in sales activity last month.
Housing Leaders Warn of Shutdown’s Impact on Affordable Housing & Communities During National Call
Members of the Campaign for Housing and Community Development Funding(CHCDF) hosted a national call with over 2,200 registrants yesterday, January 15, about the effects of the partial government shutdown on low-income people and communities and the affordable housing programs that serve them.
The Boulder Group Arranges Sale of a $14.8 Million Single Tenant Net Leased Jewel-Osco...
The Boulder Group, a net leased investment brokerage firm, completed the sale of a single tenant net leased Jewel-Osco property located at 1660 Larking Ave, Elgin, Illinois for $14,800,000. The 69,129 square foot building was remodeled
Ginnie Mae Postpones Annual Summit
Ginnie Mae announced today that the 2019 Ginnie Mae Summit, scheduled for February 4-5 in Washington D.C., is being postponed as a result of the ongoing government shutdown. The annual conference brings together participants in the Ginnie Mae MBS program and also serves as a symposium on broader housing finance issues for industry, investors, analysts, and policymakers
NFI Abandons Workers at Port of LA/Long Beach
After three months of operation without a valid lease, NFI Industries, the largest trucking and warehousing company serving America’s leading port complex, has announced its intention to vacate property owned by the Port of Los Angeles.
Bank Economists Forecast Moderating Economic Growth Amid Heightened Uncertainty
According to a new forecast released today from the Economic Advisory Committee of the American Bankers Association, the pace of growth will moderate through 2019 and 2020, reflecting fading policy support in the U.S. and a slowing global economy
NHC’s statement on the continued impact of the shutdown on housing
As the partial government shutdown crawls into its fourth week, anxiety among those housed with money from the unfunded Department of Housing and Urban Development continues to rise. “This crisis is completely unnecessary and irresponsible,” said David M. Dworkin, NHC president and CEO.
Longest Government Shutdown On Record Hurts Homeowners, Tenants
Tomorrow, the partial government shutdown over funding of a wall along the U.S.-Mexico border will become the longest shutdown in U.S. history— causing financial hardship for many of the roughly 800,000 federal employees who have been furloughed or working without pay since December 21, 2018
MAYOR LONDON BREED, SUPERVISOR CATHERINE STEFANI, AND COMMUNITY LEADERS CELEBRATE THE REOPENING OF AFFORDABLE...
Mayor London N. Breed, Supervisor Catherine Stefani, and community leaders today celebrated the rehabilitation and grand reopening of two former public housing properties serving seniors and people with disabilities in the lower Pacific Heights neighborhood
Experts Gather in Miami to Discuss the Role of Parks in Building Climate Resilient...
Park leaders from across the country will gather in Miami, Florida, Jan. 16–18, 2019, to discuss the increasing role park and recreation agencies play in developing climate-resilient communities. Organized by the National Recreation and Park Association (NRPA)
The Boulder Group Arranges Sale of Single Tenant Net Leased Walgreens within the Chicago...
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 1295 Lily Cache Lane in Bolingbrook
Hanley Investment Group Sells Brand-New Single-Tenant Raising Cane’s in Minneapolis Metro to California Buyer...
Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has arranged the sale of a new single-tenant Raising Cane’s Chicken Fingers quick-service restaurant located
Construction Employment Rises to Close Out 2018, Says ABC
According to an Associated Builders and Contractors analysis of data released by today the U.S. Bureau of Labor Statistics, construction employment expanded by 38,000 net new jobs in December. Across the industry, employment is up by 280,000 year-over-year, an increase of 4.0 percent.
Affordable Housing Leaders Demand End to the Government Shutdown & Passage of Full-Year Spending...
Members of the Campaign for Housing and Community Development Funding(CHCDF) sent a letter to congressional leaders today calling on them to protect low-income Americans by ending the government shutdown and passing full-year spending bills that provide strong funding for affordable housing and community development programs.
