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Financings Spur Value-Add Investment for Birmingham Apartments
JLL’s Capital Markets experts today announced the firm provided financing for the acquisition of Goodall-Brown Lofts and Fix Play Lofts, two multifamily assets located in Birmingham, Alabama. Highland Real Estate Capital purchased the buildings.
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Financings Spur Value-Add Investment for Birmingham Apartments
JLL’s Capital Markets experts today announced the firm provided financing for the acquisition of Goodall-Brown Lofts and Fix Play Lofts, two multifamily assets located in Birmingham, Alabama. Highland Real Estate Capital purchased the buildings.
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JLL Selected to Market Former Bayer Campus in Memphis
Bayer U.S. has hired JLL to market for sale or lease its 43-acre, six building, 1 million-square-foot research and development center in Memphis. “The 43-acre former Bayer Research and Development campus represents an ideal redevelopment opportunity for healthcare corporations and other users seeking well-located sites in and around the Mid-South region,” said Jack Wohrman, SIOR, JLL Vice President. More...
SummerHill Housing Group Announces 994-Unit Mixed-use Master Plan Development on 27 Acres Located within...
SummerHill Housing Group, the umbrella organization for SummerHill Homes, an award-winning residential builder, and SummerHill Apartment Communities, an apartment, mixed-use infill rental housing developer, announced today its plans to develop 994 resi...
The Boulder Group Arranges Sale of Triple Net Lease Dollar General
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Dollar General located at 8212 Highway 171 in Grand Cane, Louisiana for $1,168,947.
Northern California Real Estate Investor Sentenced for Rigging Bids at Public Foreclosure Auctions
A Northern California real estate investor was sentenced yesterday for his role in a conspiracy to rig bids at public real estate foreclosure auctions in Northern California, the Department of Justice announced.
Bipartisan Repeatedly Flooded Properties Insurance Reform Introduced
U.S. Representatives Ed Royce (R-Calif.) and Earl Blumenauer (D-Ore.) introduced H.R. 1558, the Repeatedly Flooded Communities Preparation Act. The bill aims to limit the financial resources expended by the National Flood Insurance Program (NFIP) on cl...
Royce Pushes for Better Flood Risk Mitigation and Transparency
U.S. Representative Ed Royce (R-Calif.) questioned expert witnesses about his proposal to help local communities mitigate flood risk and ways to increase transparency in flood insurance coverage for homeowners during a Housing and Insurance Subcommittee hearing entitled “Flood Insurance Reform: A Community Perspective."
AGUILAR RESPONDS TO TRUMP’S PLAN TO SLASH FUNDS SUPPORTING SAN BERNARDINO COUNTY RESIDENTS
Rep. Pete Aguilar issued a statement in response to President Donald Trump’s “skinny budget,” which outlines the priorities of the federal budget for Fiscal Year 2018. The president’s proposal would gut funding for critical federal programs affecting San Bernardino County residents, such as affordable housing, after school and summer programs, work-study aid, and transportation and infrastructure projects including the Redlands Passenger Rail, which is funded through the TIGER grant program
NAPOLITANO REJECTS TRUMP’S BUDGET PROPOSAL
Rep. Grace F. Napolitano (D-El Monte) rejected President Donald Trump’s budget proposal for fiscal year 2018, issuing the following statement: “In gutting the EPA and firing over 3,000 employees who work to remove toxins from our air, ground, and water, President Trump is risking the health of the public and our planet.
Sentinel Concierge FL Launches New Website
Leading concierge service provider, Sentinel Concierge FL, launched a new website to help clients gain easy access to their services and information on how concierge services can make life easier. Leading Florida based personal concierge services provi...
Colleges and Universities Can Lead America’s Shift to 100 Percent Renewable Energy
America’s colleges and universities are positioned to lead the transition to 100 percent renewable energy, according to a report released today by UCLA CALPIRG Students. The report stresses that a complete shift to clean, renewable energy is the best way for colleges and universities to achieve their carbon reduction goals and highlights schools across the country that are taking measures to make the transition to renewable energy
RANKING MEMBER NAPOLITANO CALLS FOR RENEWED FEDERAL COMMITMENT TO WATER-RELATED INFRASTRUCTURE
Rep. Grace F. Napolitano (D-El Monte), Ranking Member of the Subcommittee on Water Resources and Environment, called for renewed federal commitment to water-related infrastructure at the Subcommittee’s first hearing of the 115th Congress
Pelosi Statement on Civil Engineers’ D+ Grade for American Infrastructure
Democratic Leader Nancy Pelosi today released the following statement after the American Society of Civil Engineers (ASCE) released the quadrennial American Infrastructure Report Card, which scores a D+ for our nation’s infrastructure.
New York Reaches Milestone in Clean Energy Commitment
The New York Public Service Commission (PSC) voted today to approve the first phase of the Value of Distributed Energy Resources order, reaching a milestone in New York’s long-term vision of a modern energy system that puts customer participation and clean energy at its center
The Boulder Group Arranges Sale of Single Tenant Net Leased Sherwin-Williams
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Sherwin-Williams property located at 8522 US-42 in Florence, Kentucky for $1,678,426.
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Hanley Investment Group Arranges Sale of Single-Tenant NNN Rite Aid in Menifee, Calif., for...
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, arranged the sale of a new single-tenant absolute net-lease Rite Aid property located at 28995 Newport ...
Colorado startup zavvie helps real estate agents dominate their neighborhoods
From Denver to Colorado Springs, Boulder to Fort Collins, zavvie - a new Colorado real estate startup - is offering to turn top producing real estate agents into the “Digital Mayor” of their neighborhoods. More...
CALMWATER CAPITAL PROVIDES ACQUISITION AND REDEVELOPMENT LOAN FOR PNC PLAZA BUILDING IN DOWNTOWN COLUMBUS
Calmwater Capital, a Los Angeles-based provider of commercial real estate debt, has originated a senior secured term loan to Edwards Companies for its acquisition and redevelopment of a 362,720-square-foot office building in Downtown Columbus, Ohio. Th...
Learning from Leaders Promotes Leadership in Real Estate
“Learning from Leaders in the Year of the Fire Rooster” last Friday aimed at encouraging real estate professionals to be leaders in organized real estate. The event, hosted by the SILVAR's Global Business Council and Young Professionals Network (YPN), attracted over 100 members from SILVAR and other real estate associations.
LaMalfa and Garamendi Introduce Legislation to Facilitate Funding of Sites Reservoir
Northern California Representatives Doug LaMalfa (R-CA) and John Garamendi (D-CA) announced the introduction of H.R. 1269, which will accelerate the federal review of Sites Reservoir and better position the project for funding under Proposition 1. The ...
Garamendi Meets with Levee Stakeholders, Local Farmers, and Tours Emergency Levee Repairs
Over the course of five meetings on March 3rd, Congressman John Garamendi (D-Yuba City, Fairfield, Davis, CA) met with a number of local leaders and farmers focused on the Oroville Dam spillway crisis, its impact on farmers, job training programs, and ...
Northern California Representatives Introduce Bill to Facilitate Construction of Sites Reservoir
Northern California Representatives Doug LaMalfa (R-CA) and John Garamendi (D-CA) announced the introduction of H.R. 1269, which will accelerate the federal review of Sites Reservoir and better position the project for funding under Proposition 1, the voter-approved California water bond designed to make the state’s water systems more resilient. The bill also authorizes the federal government to participate in construction of the project should it be found feasible
Hanley Investment Group Arranges Sale of Rare Five-Acre Fee-Simple Ground Lease on South Lake...
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today the firm completed the sale of a rare fee-simple ground lease underlying The Shops on Lake Avenue retail and parking on South Lake Avenue in Pasadena, Calif. The property is shadow-anchored by Macy’s. The terms of the sale could not be disclosed.
Crescent Communities Taps Scott Widener to Lead Single Family Business
Crescent Communities today announced Scott Widener has been promoted to the role of President, Single Family. Widener previously served as Executive Vice President, Fielding Homes, the company’s homebuilding arm established in 2016.
Crescent Communities Taps Scott Widener to Lead Single Family Business
Crescent Communities today announced Scott Widener has been promoted to the role of President, Single Family. Widener previously served as Executive Vice President, Fielding Homes, the company’s homebuilding arm established in 2016.
Costa Statement on Initial CVP Water Allocations
The Bureau of Reclamation announced the initial Central Valley Project 2017 Water Supply Allocation for Friant, Eastside and American River division contractors. Rep. Jim Costa (CA-16) released the following statement
Ryan Flautz Named Associate Principal at KTGY Architecture + Planning
International award-winning firm KTGY Architecture + Planning is pleased to announce the promotion of Ryan Flautz to associate principal at KTGY Architecture + Planning. Flautz joined KTGY in 2011 and has more than 25 years of residential design and project management experience. Flautz formerly served as executive director, production in KTGY’s Los Angeles office.
SERIAL ARSONIST ARRAIGNED FOR SETTING MULTIPLE FIRES AT APARTMENT COMPLEX IN FULLERTON
A serial arsonist was arraigned today for setting multiple fires at an apartment complex in Fullerton. Esther Eunjung Cha, 24, Fullerton, is charged with four felony counts of arson of another’s property, two felony counts of attempted arson, one misdemeanor count of possession of a controlled substance, and one misdemeanor count of possession of controlled substance paraphernalia. If convicted, Cha faces a maximum of eight years in state prison and is scheduled for a pre-trial hearing on March 2, 2017. The time and location are to be determined.
Elk Grove Ranks Among Top 20 Cities in the Country to Start a Family
Elk Grove’s s affordability, safety and quality of life amenities have once again placed it among the top cities in the country for young people looking to buy a home and start a family. In a study released this week by LendEDU, an online financial resource site, Elk Grove ranked 18th best city in the country to start a family
