On the West Side in North Lawndale, community organizers have ambitious plans to build hundreds of affordable homes but are struggling to secure low-cost building loans. A partnership between United Power for Action & Justice, Lawndale Christian Development Corp. and Chicago Neighborhood Initiatives raised $12.5 million to begin construction, butRead More →

The East Fort Worth Neighborhoods Alliance released a paper outlining its members’ views on legalizing short-term rentals in the city on March 23. The four-page document contains a series of recommendations for managing short-term rentals, including zoning provisions, licensing requirements and a rigorous inspection and complaints process. The alliance includesRead More →

Joel Fountain, Travis Hansen and Gary Tremaine have been named senior vice presidents within Dickson Commercial Group.Promotions are the result of the combination of recent transactional production and seniority in the market.With over 15 years of commercial real estate experience, Fountain has become an expert in the northern Nevada industrialRead More →

Stonehill, a commercial real estate direct lender, announced that it was ranked the tenth largest commercial real estate hotel lender in the United States by origination volume based on the Mortgage Bankers Association’s 2021 rankings ( “MBA”). In 2021, Stonehill originated $822m in loans across 30 deals, with an averageRead More →

Apollo Commercial Real Estate Finance (NYSE:ARI – Get Rating) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report released Friday to clients and investors, Zacks.com reports. According to Zacks, “Apollo Commercial Real Estate Finance, Inc. is focused on investing in, acquiringRead More →

“After decades of Barrie trying to attract large-scale investment to our downtown, we are seeing it now,” says Barrie Mayor Barrie’s Urban Growth Center (UGC), which includes the downtown core, is poised for unprecedented development. The city’s fourth quarter 2021 update on residential development applications shows 16 projects underway. “YouRead More →

President Biden has promised “devastating sanctions” if Russia invades Ukraine. Russia did. And so the most recent sanctions followed. These penalties can have a direct effect on the documents that are signed daily in the commercial real estate industry. This legal update reviews recent penalties and what clients should beRead More →

Technology applications in commercial real estate have come a long way over the past decade. Online listings and 3D virtual tours are just a few examples of the technological innovations that have marked commercial real estate. Frank Farricker, a real estate manager from Greenwich, Connecticut, shares many of the waysRead More →

Fred Cordova and Corion Enterprises are leading the way in creating value in the commercial real estate space. The Game Changers edition of DotCom magazine DotCom Magazine’s Exclusive Entrepreneur Spotlight Series The PR issue of DotCom magazine The Power of Zoom Interview Issue Fred Cordova, CEO and Founder of CorionRead More →

Aim for 90-day deadline, separate questions on backyard hens and contribution cap [  By Katherine Nettles  ] The Crested Butte South Property Owner’s Association (POA) determined last week that it would hold a new vote on amendments to its covenants this year after reversing the previous vote held last November.Read More →

Magic Johnsonwho spearheaded development in underserved urban communities in the decades since the end of his storied NBA career, lobbies for more commercial real estate investment in initiatives that benefit minority areas. The five-time NBA champion with the Los Angeles Lakers said Monday Mortgage Bankers Association CREF conference in SanRead More →

Construction underway at Scripps Ranch Hub in 2021. Courtesy of Sudberry Properties The recovery from the pandemic recession has been positive for California commercial real estate, with solid industrial and multi-family housing and retail experiencing “new demand not experienced in years.” That was the word Wednesday from the Allen Matkins/UCLARead More →

NEW YORK, February 8, 2022 /PRNewswire/ — Lev threw Lev readythe world’s first end-to-end digital lending platform for commercial real estate (CRE), to transform the industry’s notoriously complex lending process into a stunningly beautiful digital experience. Lev Lending is the new direct lending arm of Lev, the CRE financing platformRead More →

Mead Town’s Board of Trustees unanimously approved an intergovernmental agreement and service plan for the Metropolitan Districts of Turion on Monday evening, paving the way in part for the development of a planned community of more than 2,000 acres with over 4,000 homes and 5.3 million square feet. of commercialRead More →

On November 15, 2021, the New York City Council approved a bill banning gas hookups in new buildings, making the largest city in the United States the latest in a series of municipalities to ban gas infrastructure. natural gas in new homes and buildings. In the two and a halfRead More →

Glenn Youngkin becomes governor of Virginia on Saturday, replacing the outgoing Ralph Northam, and upending an eight-year run of Democratic leadership. Youngkin is a political newcomer, who spent more than two decades at the Washington, D.C.-based private equity firm The Carlyle Group. Youngkin joined the firm in the 1990s, eventuallyRead More →

A report predicted Houston’s retail market would return to pre-pandemic levels in 2022 in terms of occupancy, but new construction would remain weak. (Courtesy of Fotolia) A report by Dallas-based real estate group Weitzman predicted that Houston’s commercial real estate market will return to pre-pandemic occupancy levels in 2022. WeitzmanRead More →

Indian real estate, particularly commercial real estate, could see temporary delays in signing new leases due to disruptions related to Omicron; But the long-term outlook for the sector’s categories – home sales, rental of office and retail space and alternative asset class developments – remains intact, said Anurag Mathur, CEORead More →

the New York State Attorney General‘s Office subpoenaed former president Donald trump and his two eldest children, Ivanka and Donald Trump Jr., for their sworn testimony in a civilian inquiry into the Trump organizationthe business practices of – although the Trumps refused to comply. Attorney General Letitia james investigated theRead More →

The dollar volume of residential and overall real estate sales in Pitkin County continued to innovate in 2021, but the groundbreaking construction of a home will be a different story in 2022. Pitkin County property sales – which included mansions, commercial buildings, hotel fractions, vacant lots, horse stalls, employee quarters,Read More →

FinCEN recently announcement Regulatory Proposal Notice (ANPRM) to solicit public comments on potential requirements under the Banking Secrecy Act (BSA) for certain persons involved in real estate transactions to collect, report and retain information. FinCEN intends this regulation to address the systematic money laundering vulnerabilities presented by the US realRead More →

Equity research analysts expect Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) to post earnings per share of $ 0.33 for the current quarter, Zacks investment research reports. Two analysts have estimated the earnings of Apollo Commercial Real Estate Finance. Apollo Commercial Real Estate Finance posted earnings per share ofRead More →

Flemington Borough Council passed an ordinance establishing the Liberty Village Redevelopment Plan”Which will transform the remarkable shopping center of the borough into mixed-income housing. The plan, approved Monday night, is to redevelop the Liberty Village redevelopment area – which includes 10 lots and approximately 23 acres – into multi-family residentialRead More →

A green commercial building benefits not only the environment, but also owners and tenants. The promises of lower utility costs, better indoor air quality, higher real estate value, better employee morale, and goodwill that come with helping out planet have pushed so-called green leases into the mainstream. In the wakeRead More →

Kiemle Hagood Co-Owner and Chairman of the Board, Tom Quigley, has built a community throughout his 46-year career in commercial real estate. Quigley was hired as a commercial real estate salesperson for Kiemle Hagood in 1975, became director of the firm’s brokerage division in 1980, co-owner in 1987, and wasRead More →

Opinions expressed by Contractor the contributors are theirs. You are reading Entrepreneur United States, an international Entrepreneur Media franchise. Almost all industries have changed in one way or another during the Covid-19 pandemic – and commercial real estate (CRE) was no exception. While many industries have seen things return toRead More →

Nyfosa Finland has, in two separate transactions, acquired commercial properties in the Finnish regional towns of Jyväskylä, Lappeenranta and Kuopio. The acquisitions amount to a total value of 75.9 MEUR, corresponding to approximately 767 MSEK with an annual rental value of 9.9 MEUR, corresponding to approximately 100 MSEK. The portfolioRead More →