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Phases of Commercial Real Estate Development

Construction Marketing

Commercial real estate development involves the process of acquiring, designing, constructing, and leasing or selling commercial properties such as office buildings, retail centers, and industrial parks. Read more on the proper steps to ensure your commercial investment runs smoothly. You must secure financing for the project.

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Real Estate Investment Trusts (REITs): Understanding the Construction Connection

Construction Marketing

Real Estate Investment Trusts (REITs) are owners, operators, and financers of income-generating real estate properties. The primary purpose of a REIT is to generate income for its investors through rental income, capital gains, or both. As such, it may lead to higher rental income and property values.

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SBA 504: Funding Business Growth with Less Capital

Wolgast Corporation

Have you had a net worth under $15M and an average net income less than $5M for the past 2 years? In one of our earlier blogs, we shared with you details of the Small Business Association’s 504 loan in “ Easy Financing for Small Business Growth in Michigan ”. Do you own your building or want to own your building? Are you still with me?

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Housing Affordability Affects Housing Choice

Pro Builder

NAHB Housing Policy Briefing | NAHB encourages policymakers to focus on incentives for local governments to embrace new housing developments, including affordable low-income and workforce housing. National Association of Home Builders. Those efforts should be a point of emphasis now. 2020 Single-Family Starts Mirrored Builder Confidence.

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How Excessive Design Standards Hurt Home Affordability

Pro Builder

Design regulations are supposed to ensure the health, safety and welfare of residents, but superficial and excessive rules that price lower- and moderate-income families out of the market should not be prioritized over the need to address the housing affordability problem. NAHB Housing Policy Briefing. For more, visit nahb.org. .

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Why Builders Wait to See Lower Lumber Prices

Pro Builder

NAHB Policy Brief | Lumber prices have moderated, but lower costs haven't worked their way to builders; New home prices too expensive for lower-income households. New-Home Prices Squeeze Out Lower-Income Households . Why Builders Wait to See Lower Lumber Prices. Wed, 08/04/2021 - 06:00. National Association of Home Builders.

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Pennsylvania is First State to offer Tax Credit for Passive House

Green Building Law Update

Pennsylvania is the first state to offer tax credits for low income Passive House building. Applications submitted under the PennHOMES and low income housing tax credit program are scored and ranked in accordance with a numerical criteria. No points are available for LEED projects.