OSHA Revises Its Voluntary Protection Programs
WASHINGTON — The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) recently published in the Federal Register final changes to its Voluntary Protection Programs (VPP) that, among other enhancements, allow participation by companies with mobile workforces. The VPP, the agency’s recognition initiative for workplace safety and health excellence, will provide new options for [...]
TReXGlobal.com Seeks to Ease Tax Preparation for Income Properties
SILICON VALLEY, Calif. — There are 10 million real estate investors and landlords in the U.S., and 9 million of them own less than 10 properties. Tax season is a very busy and aggravating time for these real estate investors and landlords as they try to get their rental property finances organized to file their [...]
Schlage® Features Schlage LiNK at International Builder’s Show
LAS VEGAS–(BUSINESS WIRE)–Schlage®, the most trusted brand of door locks, is showcasing the first and only wireless-controlled and Z-Wave enabled door lock, Schlage LiNK, at the International Builder’s Show this week in the Las Vegas Convention Center. Schlage LiNK deadbolts and locks can provide builders a significant advantage by offering homeowners the power to remotely [...]
Trex Company Responds to Class Action Lawsuit on Wood Alternative Products
WINCHESTER, Va.–(BUSINESS WIRE)–Trex Company, Inc. (NYSE: TWP), the nation’s leading manufacturer and distributor of wood alternative decking, railing, fencing and trim, responded to a class action suit filed in Washington by a plaintiffs’ class action law firm alleging certain product defects. In response to the claims of the case, which focus on product surface flaking, [...]
USC Lusk Center Says Commercial Real Estate Will Continue to Weaken and Markets Won’t Grow for Two Years
LOS ANGELES–(BUSINESS WIRE)–A lack of liquidity remains the major obstacle to a recovery in the commercial real estate markets at least until the end of this year, according to real estate finance expert Stan Ross, chair of the USC Lusk Center for Real Estate. “We will also see a curtailed supply of new construction, more [...]
Low Income Renters at Risk of Homelessness, Foreclosure-Related Evictions
Washington, DC – State governments have not filled the gap left by the federal government’s lagging commitment to decent housing for every American, and the problem is likely to get worse as rental markets become tighter and states find themselves in ever-more precarious fiscal conditions. These are the findings of two new reports from NLIHC. [...]
Citi Announces $2 Million in Community Development Grants to Help Revitalize Urban Areas
NEW YORK–(BUSINESS WIRE)–The Citi Foundation today announced it is providing funding to local community development organizations in 20 urban communities across the country to support innovative, physical development and rehabilitation projects – known as “place-based initiatives” – that champion the long-term or large scale revitalization of low- and moderate-income communities. The Citi Foundation is offering [...]
Building Health Check Mold Sampling Strategy in the Indoor Environment
TAMPA, Fl-(TransWorldNews)-Molds are fungi that can be found both outdoors and indoors. They grow best in warm, damp and humid conditions. If you have damp or wet spots in your house, you will probably get mold. Mold can cause health problems. Inhaling or touching mold or mold spores may cause allergic reactions or asthma attacks [...]
$94 Million Refinancing Arranged by HFF for Luxury Manhattan Multifamily High-Rise
NEW YORK–(BUSINESS WIRE)–The New York and Hartford offices of HFF (Holliday Fenoglio Fowler, L.P.) announced today that they have arranged a $94 million refinancing for Riverbank West, a 44-story luxury multifamily building in Manhattan. HFF senior managing directors Mike Tepedino, Dana Brome, Joe Morningstar and Andrew Scandalios worked on behalf of the borrower, advised by [...]
How Property Managers Can Cut Utility Costs
Perhaps the most significant operating cost for multifamily properties is the cost of utilities. However, there are strategies that can help reduce those expenses. From solar lighting to sub-metering, managers across the country are increasing revenue by lowering the bottom line. Many solutions do not include a huge capital investment and can be implemented quickly. [...]