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Steady Optimism Among U.S. Commercial Real Estate Executives, Increased Investor Appetite

Buisness Facilities Contributed Content

Commercial Real Estate market are reaching new heights since financial giants fell more than five years ago, according to a survey conducted by Akerman LLP, a U.S. were interviewed by telephone on their perceptions of the health of the commercial U.S. commercial real estate financing in 2014. Posted by Heidi Schwartz.

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First existing multifamily buildings to earn Energy Star certification unveiled

BD+C

The name of this complex took on new meaning in June 2011, when the river overflowed its banks, and penetrated the buildings’ lower floors. River City is a mixed-use, 16-story high rise with 448 condos, located within Chicago’s South Loop along the Chicago River.

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Commercial Property Execs’ Mood Brightens, Yet Outlook Clouded by Economic, Fiscal Uncertainties, Interest Rate Risks

Buisness Facilities Contributed Content

Senior commercial real estate executives are increasingly positive about current and future market conditions—particularly as they relate to top-quality assets in top markets—yet they remain concerned about the slow pace of job creation, sovereign budget deficits (including U.S. credit rating. pension and 401(k) plans.

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PACE Bill Due in Baltimore City

Green Building Law Update

The concept is not new, but nationally including in Maryland, “residential” PACE programs were put on hold as a result of a directive in 2011 that Fannie Mae and Freddie Mac refrain from purchasing mortgage loans secured by properties with outstanding PACE obligations. Commercial PACE programs are still very new. Maryland is typical.

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HUD Jumpstarts PACE Financing for Homes

Green Building Law Update

The concept is not new, but nationally, residential PACE programs generally have been put on hold or foregone as a result of concerns of HUD and the Federal Home Loan Banks, that issued a directive in February 2011 to refrain from purchasing mortgage loans secured by properties with outstanding first lien PACE obligations.

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Ribbon Cut on Waterbury State Office Complex

PC Construction

Peter Shumlin cut the ribbon and officially opened the newly renovated Waterbury State Office Complex that was heavily damaged in 2011 when the Winooski River overflowed its banks during Tropical Storm Irene.

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Five Trends: Why Smart Building Technology Makes Good Business Sense

Buisness Facilities Contributed Content

Facing pressure to manage costs, risks and energy consumption, commercial real estate investors are exploring how smart building technologies can help a company’s triple bottom line (people, planet, profits). Like a new lobby or elevator bank, an improvement in sustainability makes an office building more desirable to tenants.