In our latest roundup, infrastructure-related ballot initiatives, U.S. Green Building Council’s success stories, support for sustainable building, and more!
- 2024 is expected to see the highest rate of office conversions since CBRE began tracking them in 2016. (Nish Amarnath, SmartCities Dive)
- The Federal Housing Finance Agency has established lending caps of $73 billion each for Fannie Mae and Freddie Mac, allowing them to purchase a total of up to $146 billion in multifamily loans in 2025. (Leslie Shaver, Multifamily Dive)
- A number of infrastructure-related initiatives with the potential to impact facilities managers were on the ballot during the 2024 U.S. presidential election. (Joe Burns, Construction Dive)
- Many construction pros expect a second Trump administration to pull federal procurement funds away from initiatives that support sustainable building. (Julie Strupp, Construction Dive)
- The U.S. Green Building Council announced the release of PERFORM, a new offering that empowers organizations to transform real estate portfolios into sustainability success stories. (Deisy Verdinez, U.S. Green Building Council)
- As affordability challenges remain daunting for homebuyers, lower mortgage rates would relieve some of that pain – but they also could lure more buyers into the market, and therefore cause upward pressure on prices. (Jeff Ostrowski, Bankrate)