MBK Rental Living and R.D. Olson Construction Team up on 330-Unit Luxury Apartment Project Construction is underway at Artesa at Menifee Town Center, slated to open early 2020 Read More Builder and Developer Magazine https://bdmag.com/mbk-rental-living-and-r-d-olson-construction-team-up-on-330-unit-luxury-apartment-project-in-menifee-master-planned-community/

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TRI POINTE HOMES ACQUIRES LOTS TO BUILD 154 HOMES IN TWO DENVER METRO LOCATIONS

DENVER, Colo. (November 28, 2018) – TRI Pointe Homes has announced the acquisition of 154 lots to build new homes in two for-sale communities in Douglas County, a highly desirable location in the Denver Market. The land transactions fit TRI Pointe Homes’ strategy of building quality innovative homes in locations with convenient access to major transportation and employment corridors.   “The Denver market ranks in the top 10 nationally for growth and stability,”(1) said Darren DuPree, Division President of TRI Pointe Homes Colorado. “These lot acquisitions illustrate the TRI Pointe…

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Architects Are Redesigning Their Role

When a flood or wildfire sweeps through a community, firefighters, emergency management workers and local politicians are typically among the first on the scene. But Julia Donoho says architects, too, have a responsibility to follow close behind. Read More In the Face of Disaster, Architects Are Redesigning Their Role source: Houzz

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Ramsey Co OK development on former Twin Cities plant

The Ramsey County Board has given the green light to Rice Creek Commons — a mix of homes and businesses planned for the site of the former Twin Cities Army Ammunition Plant. The master plan includes three residential neighborhoods, plus parks, retail and office space to be called Rice Creek Commons. READ MORE Source: MPR News

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City Sets Record For Affordable Housing Development

While the New York City’s public housing troubles is in turmoil thanks to years of inadequate inspections, lead-based paint poisoning of some of its residents and other safety and health concerns, the city did accomplish a significant positive feat in 2017—a record number of affordable housing units built. The de Blasio administration reports that the city financed 32,116 affordable homes in 2017, which broke the all-time record set by the administration of Mayor Ed Koch in 1989 at 25,243 units. READ MORE Source: Globe St.

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Report Importance of Private Helping Low Down Payment Borrowers Qualify All 50 States

U.S. Mortgage Insurers, the association representing five of the top six private mortgage insurance (MI) companies in the United States, today released a report on the role of MI in all 50 states and the District of Columbia. The report finds that nearly 30 million homeowners have been served by MI for more than 60 years, and breaks down on a state-by-state basis low down payment mortgage lending. The report underscores the historic importance of MI, how MI has helped promote home buying in the U.S., and the significant protection…

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Direct homebuyer OfferPad secures $150 million in funding to power growth

There certainly appears to be no shortage of money interested in investing in the burgeoning direct homebuyer segment. Opendoor has been raising money hand over fist at a valuation of more than $1 billion, a newcomer named Perch launched last week with $30 million in funding, plus publicly traded real estate giants Zillow and Redfin both recently expanded into direct buying. The other growing player is OfferPad, which announced this week that it recently secured $150 million in new funding to continue growing its direct buyer business. READ MORE Source: Housing Wire

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The Homes of Tomorrow are Here Today at Selah Vista

When you step inside the model home at Selah Vista, the first thing you notice is what seems to be missing: that new home smell. What you sense instead is fresh clean air. No paint fumes, no off-gassing from synthetic carpeting and glue-filled building products, just really clean air. The home’s energy recovery ventilator (ERV) — which is an air exchanger, provides a constant source of fresh air. And that’s just one of the many revolutionary amenities built into the homes in Selah’s new community and Central Washington’s first, healthy,…

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