Weekly News Roundup for June 16, 2017

These are some of the stories we’ve been following this week.

Tulpehocken Creek Old Bridge remains located on theDelaware River Basin. By Jason Bolonski from Linfield, PA, United States, CC BY 2.0, via Wikimedia Commons.

The Environmental Protection Agency (EPA) will spend $700,000 to clean up properties in Vermont that were […]

By |June 16th, 2017|Categories: Blog, News||0 Comments

Pipeline Updates: Dakota and Keystone

The Dakota Access Pipeline and the Keystone XL Pipeline have both faced numerous hurdles in recent years as they moved toward completion. And while both have received renewed support since the November elections, neither pipeline has a smooth path ahead of it.

Dakota Access Pipeline

Constant protests along a portion of […]

Economic Profile: United Kingdom

The United Kingdom is bracing itself as Article 50 has been triggered, starting a two-year process of exiting the European Union. In this time of uncertainty, almost half of European businesses with British suppliers are finding replacements elsewhere in the EU, according to research underlining the threat that Brexit poses […]

By |June 8th, 2017|Categories: Blog, News|Tags: , |0 Comments

Weekly News Roundup for June 2, 2017

These are some of the stories we’ve been following this week.

• New research shows that stormwater retention ponds may not be keeping road salt out of surface waters.

• Centre, Alabama, filed a lawsuit against 35 carpet manufacturers in Georgia, accusing them of contaminating a water source used by the […]

By |June 2nd, 2017|Categories: Blog, News||0 Comments

The Future of the EB-5 Program

Created by Congress in 1990 as a means to stimulate the economy and create jobs, the EB-5 Immigrant Investor Program has become the most popular residency program in the world, in part because it is relatively inexpensive. Comparable programs in Australia, the U.K., or Canada have investment requirements of […]

By |June 1st, 2017|Categories: Blog, News|Tags: |0 Comments

Economic Profile: Malta

Malta is a small island nation in the heart of the Mediterranean Sea with anything but a small economic potential. This strategically located island holds close ties to mainland Europe, North Africa, and the Middle East. The island is considered the best choice for European Union investments in knowledge-based […]

By |May 26th, 2017|Categories: Blog, News|Tags: , |0 Comments

Economic Profile: Brazil

On the night of March 31, 2017, Brazilian President Michel Temer passed a controversial law. It granted Brazilian companies the right to outsource employees for any job and authorized temporary contracts of up to nine months. For Brazil, this was the start of a revolution in redefining a rigid […]

By |May 18th, 2017|Categories: Blog, News|Tags: , |0 Comments

Weekly News Roundup for May 12, 2017

These are some of the stories we’ve been following this week.

Two Virginia families filed a lawsuit against Dominion Energy, alleging the utility’s coal ash pond contaminated their wells and affected their property values.
Some members of Congress want to end the EB-5 Immigrant Investor Program. The program was […]

By |May 12th, 2017|Categories: Blog, News||0 Comments

Economic Profile: Canada

As recent U.S. talks of a NAFTA re-negotiation looms over its certainty, Canada does not seem content to sit idle and seeks to determine its own global trade future. And that’s a great thing for international investors seeking to grow with Canada’s incredible economic strength and prospective trade expansion. […]

By |May 11th, 2017|Categories: Blog, News|Tags: , , , |0 Comments

Weekly News Roundup for May 5, 2017

These are some of the stories we’ve been following this week.

• A new study found that nearly a quarter of Americans have tap water that has not been monitored or is not safe to drink.

• New coal ash regulations in Kentucky are the center of a lawsuit filed by […]

By |May 5th, 2017|Categories: Blog, News||0 Comments

Economic Profile: Mexico

With a booming aerospace industry and an economy ranked 15th worldwide and second in Latin America, México has been the basis of foreign investment speculation in 2017. The country also boasts an ever-growing tech sector. Greenfield Advisors recently hosted in its Seattle office Fernando Paz Pous, ProMexico Director of […]

By |May 3rd, 2017|Categories: Blog, News|Tags: , |0 Comments

Weekly News Roundup for April 28, 2017

These are some of the stories we’ve been following this week.

• Norway’s sovereign wealth fund is well below its risk limit. The $940 billion fund is the largest sovereign wealth fund in the world.

• Property values in Milwaukee, Wisconsin are up from last year by 4.5 percent. Property values […]

Inventory Tight as Homes Being Sold in Under a Month

Sellers are not having to wait very long before their homes are under contract. Nearly half of the homes sold in March were off the market in less than a month. The housing market has been going strong this year, and the speed at which homes are being sold […]

Weekly News Roundup for April 21, 2017

These are some of the stories we’ve been following this week.

Lawmakers continue to work on the details of extending the EB-5 Immigrant Investor Program as the April 28 deadline draws closer. The program will end unless Congress decided to re-authorize it.

The Keystone XL Pipeline is back on […]

Greenfield Advisors Attends Japan Business Roundtable at the TDA

U.S. Minister-Counselor for Commercial Affairs to Japan, His Excellency Andrew Wylegala, recently hosted a business roundtable at the Trade Development Alliance of Greater Seattle (TDA). Wylegala briefed TDA members on the upcoming bilateral U.S.-Japan FTA talks and gave a market overview of Japan and U.S.-Japan economic development potentials. Nawaf […]

By |April 7th, 2017|Categories: Blog, News|Tags: , , |0 Comments

Rural Development Conference Highlights

I recently attended the 22nd Annual Rural Development Conference in Murfreesboro, Tennessee. The conference was sponsored and led by the USDA Rural Development Department, Tennessee Valley Authority (TVA), and the Tennessee Department of Economic and Community Development. The theme of this year’s conference was “Rural Renaissance,” focusing on the […]

Greenfield Advisors Joins Trade Development Alliance Of Greater Seattle Part 2

This is the second in a two-part series. You can read part 1 here.

Greenfield Services for TDA Members

Greenfield has clients ranging from heads of state to local businesses. A recent advisory service aided President Barack Obama’s “Call to Action” initiative, which reached out to the U.S. private sector […]

Greenfield Advisors Adds Senior Analyst with Tax Assessment Background

SEATTLE, Washington and CARTERSVILLE, Georgia – Greenfield Advisors is expanding by adding another senior analyst to its award-winning team. Ruel Williamson brings his extensive knowledge of appraisals, property values, ad valorem taxation, and government policy to Greenfield Advisors, which has been a leader in the real estate valuation industry […]

Weekly News Roundup for March 24, 2017

These are some of the stories we’ve been following this week.

A bill by Alaskan lawmakers that would make it easier to transfer contaminated properties is gaining traction in the Senate. The state is one of only seven in the country without an environmental covenant law.

Ann Arbor has […]

Greenfield Advisors Joins the Trade Development Alliance Of Greater Seattle

Nawaf Alfaouri, Economic Development Specialist at Greenfield Advisors, recently joined the Trade Development Alliance of Greater Seattle (TDA). The TDA is Greater Seattle’s premiere international organization. Founded in 1990, the TDA promotes the Greater Seattle region internationally for business and trade, connects companies and institutions with international opportunities, […]

IAAO GIS/CAMA Conference Recap

I attended the GIS/CAMA Conference in Chattanooga, Tennessee, on March 7 and 8.  I attend these kinds of conferences fairly regularly because it has a technology focus.  Vendors have their new products on display, and I even saw demonstrations of a few new products so that I can stay […]

By |March 16th, 2017|Categories: Blog, News|Tags: , , |0 Comments

Weekly News Roundup for March 10, 2017

These are some of the stories we’ve been following this week.

Airbnb, the popular rent-sharing company, recently raised $1 billion. Airbnb is now valued at $31 billion.

One of the pioneers of the rails-to-trails program passed away at the age of 69. David Burwell was the first president of […]

With a New Administration, Future of EB-5 Still Undetermined

With a new president, as well as a new Congress in power, the future of the EB-5 Immigrant Investor Program has remained a question mark. The program was recently extended through April 28 as part of a Continuing Resolution to keep the program funded, but Congress has yet to […]

By |March 9th, 2017|Categories: Blog, News|Tags: |0 Comments

Weekly News Roundup for March 3, 2017

These are some of the stories we’ve been following this week.

Activists in Maryland hope to convince lawmakers to ban hydraulic fracturing in the state. A moratorium on drilling operations ends in October.

More than 150 tons of oil were spilled into the Bay of Bengal, which is much […]

Greenfield Advisors Receives Patent for AVM Process

SEATTLE, Washington and CARTERSVILLE, Georgia – Greenfield Advisors is excited to announce that its two principals have been issued their first patent by the United States Patent and Trademark Office (USPTO).  The patent, U.S. Patent 9,582,819, is entitled “Automated-valuation-model training-data optimization systems and methods.”  The inventors are former Greenfield […]

History of Contamination Raises Concerns at Site of Proposed Development Project

It’s been about 50 years since the fertilizer plants that were located in Weymouth, Massachusetts were operating. At the time it was one of the largest fertilizer manufacturing plants in the country. After the plants closed, the Weymouth Peninsula Corporation purchased the property and built condominiums.

Years later contaminants such […]

By |February 23rd, 2017|Categories: Blog, News||0 Comments

Low Housing Supply Continues to Affect Housing Market

Buyers have flooded into the housing market, thanks to a continually low unemployment rate and a strong economy. However, the supply of available homes remains low, and that is putting a strain on the market, even as more potential buyers consider purchasing a home.

The housing supply at the end […]

By |February 17th, 2017|Categories: Blog, News|Tags: , , |0 Comments

Weekly News Roundup for February 17, 2017

These are some of the stories we’ve been following this week.

Illinois reached a settlement agreement with BNSF Railway Company over the 2015 train derailment near Galena, Illinois. The railroad company will pay $50,000 in civil penalties, in addition to the more than $10.5 million spent on cleaning up […]

Weekly News Roundup for February 10, 2017

These are some of the stories we’ve been following this week.

A bill to ban hydraulic fracturing operations in Maryland is expected to be introduced in the state legislature. The bill has more than 50 co-sponsors.

Researchers with the University of Alberta released a study linking stronger earthquakes in […]

Attending the Cayman Alternative Investment Summit

Next week I will be attending the Cayman Alternative Investment Summit (CAIS).  I enjoy attending this conference because it is not your traditional investment conference.  Alternative investments, such as solar, aircraft, space exploration, energy efficiency, REITs, and others are common topics at the Cayman Summit.  What also doesn’t hurt […]

Greenfield Advisors Promotes Analyst Following Successful Projects Abroad

SEATTLE, Washington and CARTERSVILLE, Georgia – Nawaf Alfaouri has been named an Analyst, in part due to his hard work assisting clients overseas. Alfaouri recently traveled to Jordan, where he coordinated meetings between a capital raising client and potential investors. Alfaouri’s connections and hard work led to our client […]

Weekly News Roundup for February 3, 2017

These are some of the stories we’ve been following this week.

Republicans are considering eliminating a law that requires oil and gas companies to capture methane released during operations on public lands.

Residents in Waco, Texas filed a lawsuit against the city over plans to build a new landfill.

A […]

Inman Connect Recap

Greenfield Advisors Co-Managing Director Dr. Clifford Lipscomb and I recently had the opportunity to attend Inman Connect in New York City. For four days, we were connecting, learning, and growing alongside the real estate industry’s top players. Inman Connect was a four-day gathering for real estate practitioners, entrepreneurs, and […]

By |February 1st, 2017|Categories: Blog, News|Tags: , , |0 Comments

Weekly News Roundup for January 27, 2017

These are some of the stories we’ve been following this week.

The Keystone XL Pipeline, which was blocked during the Obama Administration, could possibly move forward following directives signed by President Donald Trump to expedite both the Keystone and the Dakota Access Pipelines.

Homeowners viewed the value of their […]

New Project Displays Greenfield’s Economic Expertise

Greenfield Advisors is well-known in the areas of complex economic consulting and real estate valuation for a wide variety of clients across the country.  Recently, we were asked to do something we’ve never tackled before, and happily took it on.

The project involves two of the tallest buildings in Augusta, […]

Weekly News Roundup for January 20, 2017

These are some of the stories we’ve been following this week.

An oil spill off the coast of Turkey is nearly cleaned up, and a commission was set up to investigate why a tanker that was docked began leaking fuel.

It’s been nine years, and now the ecosystem affected […]

Final Report Released On Gold King Mine Spill

It’s been more than a year since the Gold King Mine in Colorado poured heavy metals and other contaminants into the nearby Animas River. The polluted waters turned the river a mustard yellow and forced people living downriver to find other water sources until the river cleared.

The U.S. Environmental […]

Looking Back: The 2016 Economy By The Numbers

It’s been nearly a decade since the economic downturn in late 2007 and early 2008 sent the unemployment rate soaring and negatively impacted the housing market for years afterward. Over the last few years, real estate, especially the residential side, has regained its momentum. In the first months following […]

Weekly News Roundup for January 6, 2017

These are some of the stories we’ve been following this week.

The new minimum wage in Seattle took effect at the start of the year with a new rate of $15 an hour.

Australia is using a sovereign wealth fund to lead the way in investing in a tech […]

Greenfield Advisors Attends High Level Business Delegation to Jordan

President Barack Obama has issued a call to action early in September of 2016. This call has reached out to the U.S. private sector to engage in a series of immediate relief to the Syrian refugee crisis through investments and innovative responses. Secretary of State, John Kerry has responded […]

By |January 3rd, 2017|Categories: Blog, News|Tags: , |0 Comments

Weekly News Roundup for December 30, 2016

These are some of the stories we’ve been following this week.

Noise from oil and gas operations such as hydraulic fracturing may increase the risk of health issues, according to a new study.

Doctors at a new children’s hospital do not believe officials are doing enough to address concerns […]

Celebrating a Successful 2016

It’s been quite a year for us. It started with us celebrating our 40th anniversary and ended with us successfully launching a new subsidiary focused on investment banking and capital raising. Perhaps what we are most proud of is the new partnerships we created while we continued to strengthen […]

Homeownership Rate Remains Low, Despite Strong Market

The housing market’s recovery from the economic downturn eight years ago is going well. Home prices are up and homes are not sitting long on the market before ending up under contract. While all of that is good news, analysts and economists note that the homeownership rate is still […]

Merry Christmas from Greenfield Advisors

We want to wish you and yours a very Merry Christmas. Our offices will be closed this afternoon as well as all of Monday. We will return to our regular blog publishing schedule on Tuesday.

By |December 23rd, 2016|Categories: Blog, News||0 Comments

EB-5 Receives Another Extension, This One until April 2017

For more than a year, the fate of the EB-5 Immigrant Investor Program has been up in the air. Foreign investors, as well as attorneys, builders, and others involved with EB-5 funded projects, have seen the program receive two previous extensions. Earlier this week, the program received its third […]

By |December 16th, 2016|Categories: Blog, News|Tags: , |0 Comments

Dakota Access Pipeline on Hold Following Decision by Federal Officials

For weeks, members of the Standing Rock Sioux Tribe have stood along the Missouri River protesting the construction of an oil pipeline running along the edge of the tribe’s reservation in North Dakota. The protest brought environmentalists and activists from all over the country and gained national attention as […]

Weekly News Roundup for December 2, 2016

These are some of the stories we’ve been following this week.

Environmentalists are worried that coal ash ponds located on the Mobile-Tensaw River Delta in Alabama could pollute the water supply for residents located downriver.

A plan to remediate a former North Carolina DuPont X-ray film plant is expected […]

Bartow Street Capital Launches With Strong First Year

SEATTLE, Washington and CARTERSVILLE, Georgia – Greenfield Advisors created a new subsidiary earlier this year focused on investment banking activities, including capital raising and mergers and acquisitions consulting.  That subsidiary, Bartow Street Capital (BSC), utilizes the financial, valuation, and real estate expertise that Greenfield Advisors has acquired over the […]

By |November 29th, 2016|Categories: News, Press Releases|Tags: , |0 Comments

Experts Predict Largest Oil Deposit in United States is in Texas

Texas has long been a home to oil exploration. The Midland Basin and the Delaware Basin have helped propel the United States to the top of the world’s top oil producers. Since 2012, no other country has produced more oil than the U.S., and Texas’ large oil reserves are […]

Weekly News Roundup for November 18, 2016

Here are some of the stories we’ve been following this week.

President-Elect Donald Trump could revive the proposed Keystone XL pipeline, which was denied permits under the Obama administration.

An airport has been identified by the Massachusetts Department of Environmental Protection as a possible cause of the contamination of […]

Minimum Wage Increases Successful at Ballot Box

While the presidential election took most of the spotlight earlier last week, there were other measures in front of voters that had the eye of economists everywhere. In the last few years, the battle to raise the minimum wage has intensified.

Cities like Seattle, New York, and San Francisco, were […]

By |November 17th, 2016|Categories: Blog, News|Tags: , , |0 Comments

Weekly News Roundup for November 11, 2016

Here are some of the stories we’ve been following this week.

Coal is popular in Vietnam, but now the country is working on a solution to deal with the more than 15 million tons of coal ash produced every year.

A rails-to-trails program in New York remains on hold […]

PASS Summit Recap

Last week I had the pleasure of attending a few sessions at PASS Summit 2016 and although brief, my first experience was very positive. The PASS Summit is one of the data industry’s largest conferences, and it regularly boasts 4,000 attendees. Pass Summit was held in Seattle, our company’s […]

By |November 8th, 2016|Categories: Blog, News|Tags: , |0 Comments

Weekly News Roundup for November 4, 2016

These are some of the stories we’ve been following this week.

The nation’s unemployment rate dropped below five percent, and the economy added more than 160,000 jobs last month.

Researchers have developed a new way to clean up oil spills. The cost-effective material congeals oil, making it easier to […]

New Technology to Convert Methane From Cows Into Energy

There is scientific consensus that greenhouse gases are one of the major causes of global warming, and countries across the world, including the United States, are working to lower the levels of greenhouse gases.  In order to meet emission reduction goals established by regulating agencies, it is necessary to […]

By |November 1st, 2016|Categories: Blog, News|Tags: , |0 Comments

Weekly News Roundup for October 28, 2016

These are some of the stories we’ve been following this week.

A former movie theater in the South Fayette Township in Pennsylvania that is for sale will be under contract for a while longer as the potential buyer decides on a course of action to make sure the property […]

Home Sales Up As Millennials Look to Buy First Homes

In the first years after the housing market crash, recent college graduates had a hard time finding jobs as the economy went downhill. The unemployment rate rose, and millennials who couldn’t find a job were forced to put on hold their plans of owning their own home.

Now that the […]

Weekly News Roundup for October 21, 2016

These are some of the stories we’ve been following this week.

Senators John McCain (R-Arizona) and John Barrasso (R-Wyoming) wrote a letter to the U.S. attorney general and the EPA administrator voicing their displeasure about the lack of criminal charges filed in connection with last year’s Gold King Mine […]

As Flood Waters Recede, Worries of Contamination in North Carolina

Hurricane Matthew left a trail of destruction in its wake after it moved north along the east coast. In addition to the high winds, heavy rains flooded towns and damaged thousands of homes. North Carolina was hit hard by the hurricane earlier this month, and the effects will be […]

Weekly News Roundup for October 14, 2016

These are some of the stories we’ve been following this week.

Senator Ed Markey (D-MA) wants to remediate schools across the country to rid them of polychlorinated biphenyls (PCBs).

Last year more than half of the coal ash produced by power plants was recycled. In 2015, 61.1 million tons […]

EB-5 Program Extended, But Only For a Short Time

For the second time in less than 12 months, the EB-5 Immigrant Investor Program was extended as part of a federal spending bill that kept the government functioning.

Back in December Congress passed a spending bill that would run out at the end of last month. During the debates on […]

By |October 13th, 2016|Categories: Blog, News|Tags: |0 Comments

Weekly News Roundup for October 7, 2016

These are some of the stories we’ve been following this week.

Duke Energy will be removing millions of tons of coal ash from one of its power plants in North Carolina.

Environmental agencies in New York are investigating an oil spill that occurred at the Indian Point Nuclear Power […]

ATTOM Data and Greenfield Advisors: Oklahoma Foreclosure Activity Increased 19 Percent Over Past Two Years Along With Spike In Earthquake Activity and Drop in Oil Prices

IRVINE, Calif. – Oct. 6, 2016 — ATTOM Data Solutions, the nation’s leading source for comprehensive housing data, and Greenfield Advisors (www.greenfieldadvisors.com), a leading economic and real estate research firm, today released an analysis of housing market trends in Oklahoma following the recent spike in earthquake activity in that […]

Weekly News Roundup for September 30, 2016

These are some of the stories we’ve been following this week.

A NASDAQ executive discussed the differences in capital raising for private and public companies.

Researchers in North Dakota tested a new way to remove salt from land where it was introduced during the hydraulic fracturing process. The new […]

Planning For Success: Building a Business Plan

For more than four decades, Greenfield Advisors has been a leader in real estate valuation, specifically in the field of contaminated properties. However, it is not all that we do. While our main areas of expertise relate to real estate, our team is also able to leverage its analytical […]

By |September 29th, 2016|Categories: Blog, News|Tags: |0 Comments

Greenfield Advisors to Present at PASS Summit

SEATTLE, Washington and CARTERSVILLE, Georgia – Greenfield Advisors is excited to be part of one of the data industry’s biggest conferences, PASS Summit. Dr. Clifford A. Lipscomb, Vice Chairman and Co-Managing Director of Greenfield Advisors, is serving as a panelist on the “Early Customer Experiences with SQL Server R […]

Weekly News Roundup for September 23, 2016

These are some of the stories we’ve been following this week.

Residents in Bethpage, New York filed a $500 million class-action lawsuit against Northrop Grumman Corp, alleging the company exposed them to contaminants that included arsenic and cadmium.

The Obama administration delayed final approval of the Dakota Access pipeline. […]

Builders Confident As Housing Starts Slip

First, the bad news: housing starts saw a substantial drop last month. August’s seasonally adjusted rate of 722,000 groundbreakings was below the rate from the same period last year. August also broke a streak of three straight months of increasing housing starts.

At first blush, it would appear August was […]

By |September 22nd, 2016|Categories: Blog, News|Tags: , , |0 Comments

Weekly News Roundup for September 16, 2016

These are some of the stories we’ve been following this week.

Seattle is building a unique electrical substation that will look and function differently than the typical substations found in other cities. It will also run almost entirely on renewable energy.

Nearly 1,200 residents are leaving their homes in […]

New Oil Discovery in Texas Could Produce Billions of Barrels of Oil

They say everything is bigger in Texas. Often, that includes the oil deposits. The Lone Star State’s image has long been linked to its oil fields, and for good reason. Last year, The U.S. Energy Information Administration reported that Texas was home to 29 percent of the country’s oil […]

By |September 13th, 2016|Categories: Blog, News|Tags: , , |0 Comments

As EB-5 Awaits Renewal, a New Option is Proposed

The controversial EB-5 Immigrant Investor Program is set to expire at the end of the month. Congress extended the program last year, just days before the deadline to continue it. At the moment, a pair of bills re-authorizing EB-5 are moving through Congress.

The EB-5 Immigrant Investor Program allows those […]

By |September 6th, 2016|Categories: Blog, News|Tags: , |0 Comments

Weekly News Roundup for September 2, 2016

These are some of the stories we’ve been following this week.

Daikin America will pay a $5 million settlement following a lawsuit alleging that the company contaminated the Tennessee River.

The city of West Haven, Connecticut is initiating eminent domain for six properties so the city can move forward […]

The Box is in the Mail. The Rise of the Subscription Economy

The days of mail-order CDs are over, but in the last few years the subscription economy has seen a revival, thanks to companies like Loot Crate, Ipsy, and others. The idea is simple: customers sign up to receive a package in the mail every month. Often the contents are […]

By |August 30th, 2016|Categories: Blog, News|Tags: , |0 Comments

Weekly News Roundup for August 26, 2016

These are some of the stories we’ve been following this week.

U.S. shale oil and gas production has dipped significantly as oil prices have fallen. However, some experts believe the industry may have reached bottom and will begin increasing production again soon.

A water treatment plant, set up in […]

Builders and Buyers Agree: The Real Estate Market is Booming

There appears to be little slowing down of the real estate market this summer. Recent surveys of home builders and buyers revealed that both groups are feeling positive about the state of the market as home prices and home sales continue to do well.

Homebuyer confidence broke records in July, […]

Weekly News Roundup for August 19, 2016

These are some of the stories we’ve been following this week.

The Navajo Nation sued the federal Environmental Protection Agency (EPA) over last year’s Gold King Mine spill that sent millions of gallons of contaminated water into the Animas River.

Norway’s wealth fund downgraded the value of its United […]

Greenfield Advisors Named to Inc. Magazine’s List of 5,000 Fastest Growing Companies

Greenfield Advisors is honored to be listed on the Inc. 5000, which is Inc. Magazine’s annual list of the fastest growing companies in the U.S. The real estate and financial analysis firm was ranked #2,800 in its first appearance on the list.

Greenfield Advisors had a busy 2015 as it […]

Weekly News Roundup for August 12, 2016

These are some of the stories we’ve been following this week.

Students at a school in Chicago are being moved to a different location. The school is located on an Environmental Protection Agency Superfund site, and housing in the area was found to be built on land with high […]

A Year Later: Looking Back at the Animas River Contamination

Last August, workers with the federal Environmental Protection Agency were at the Gold King Mine in Colorado to clean up pollutants. However, a leak was created that spilled three million gallons of water polluted with heavy metals and other contaminants into the nearby Animas River.

The spill affected home owners […]

Weekly News Roundup for August 5, 2016

These are some of the stories we’ve been following this week.

Oil trains are being utilized less this year. In the first five months of 2016, crude oil train transport is down 45 percent from last year.

Property values in central London are falling at the fastest rates in […]

New Study Examines Minimum Wage Hike in Seattle

Two years ago, Seattle passed an ordinance gradually raising the city’s minimum wage to $15. During the lead-up to the vote, some economists predicted the increase would be a booster shot to the economy, while others expected that the job market would suffer as businesses coped with the higher […]

By |August 2nd, 2016|Categories: Blog, News|Tags: , , |0 Comments

Housing Market Doing Well But Obstacles Abound

June was another strong month for the housing market as new home sales hit a seasonally adjusted annual pace of 592,000. That rate was 20,000 higher than the previous month, continuing to push an improving housing market.

Pending home sales also did well in June. In the last five months […]

Weekly News Roundup for July 22, 2016

These are some of the stories we’ve been following this week.

An oil train derailed in Oregon last month, and now a groundwater monitoring station has picked up signs of contamination. A nearby town’s water wells were not contaminated because they are located uphill of the derailment.

Colorado’s minimum […]

Examining the Economic Impacts of a Dairy Operation

Greenfield Advisors Chairman and Co-Managing Director Dr. John Kilpatrick recently spent some time in Hawaii where he worked as a consultant with residents of Maha`ulepu Beach, located on the island of Kauai. Dr. Kilpatrick was there to discuss the negative effects of a proposed concentrated animal feeding operation (CAFO).

Dr. […]

Weekly News Roundup for July 15, 2016

These are some of the stories we’ve been following this week.

A proposed railway line in Illinois would keep oil and other freight trains from traveling through more populated areas.
Natural gas is expected to have a bright future as part of the United States’ energy portfolio. However, the […]

Fracking’s Impact on Homebuyers and Insurance Coverage

An important but often “relegated to the back burner” housing issue is whether the presence of unconventional shale gas development sites affect the ability of homeowners to obtain a mortgage and/or homeowners’ insurance on a property. These concerns stem from the potential environmental hazards and risks that may occur […]

Greenfield Advisors Vice Chairman Authors Chapter in New Book

SEATTLE, Washington and CARTERSVILLE, Georgia – Greenfield Advisors’ Vice Chairman and Co-Managing Director, Dr. Clifford A. Lipscomb, is one of the authors writing in a new book about the economic effects of hydraulic fracturing on a worldwide scale. Dr. Lipscomb’s extensive background in economics and real estate valuation gives […]

Weekly News Roundup for July 8, 2016

These are some of the stories we’ve been following this week.

Beaches in Haifa, Israel reopened after officials cleaned up an oil spill that occurred Tuesday. A ship that was working on an oil pipeline ruptured an old fuel line, sending thousands of gallons of oil into the water.

[…]

Weekly News Roundup for July 1, 2016

These are some of the stories we’ve been following this week.

U.S. Senator Chuck Schumer (D-NY) wants to see oil companies add more safety features to trains carrying oil through New York.

A jury found that Emigrant Savings Bank offered predatory loans to minority homeowners. Six plaintiffs were awarded […]

Lawsuits Filed Over Gold King Mine Spill

Last August, about three million gallons of contaminated water poured out of the Gold King Mine in Colorado and into the nearby Animas River. The water from the mine was filled with heavy metals and turned the river yellow, forcing the waterway to close for more than a week.

Farms […]

Existing Homes Sales Best in Nine Years

Not since 2007 have existing home sales reached this high of an annual rate. Last month total existing home sales jumped to a seasonally-adjusted annual rate of 5.53 million, the highest since February 2007’s rate of 5.79 million. Sales are 4.5 percent higher than a year ago at this […]

Weekly News Roundup for June 24, 2016

These are some of the stories we’ve been following this week.

The first trial between Porter Ranch, Calif. residents and Southern California Gas Company has been delayed. A pretrial hearing has been rescheduled for later in September.

A Seattle developer was fined $1.2 million for using unlicensed advisors to […]

Greenfield Advisors Snapshot – Colleen Shanahan

 

Every month we take a look at one of our employees who makes us the successful company we are today. Today, we profile Colleen Shanahan, an analyst who works out of the West Coast office in Seattle.

What are some memorable projects for you?

Currently, I work primarily on our mortgage-backed […]

By |June 21st, 2016|Categories: Blog, News|Tags: |0 Comments

Weekly News Roundup for June 17, 2016

These are some of the stories we’ve been following this week.

Property values and taxes are rising quickly in Vancouver.

Texas is launching an effort to sue the Environmental Protection Agency over new methane regulations. Texas is the first state to take these measures.

The Massachusetts Senate is backing […]

Greenfield Looking to Expand Operations to Middle East

SEATTLE, Washington and CARTERSVILLE, Georgia – Greenfield Advisors is utilizing its award-winning analytical team and is expanding its operations into the Middle East and North Africa (MENA) region. The move comes on the heels of what has already been a busy year for the economic and financial analysis firm […]

Greenfield Advisors Attends Iraq Reconstruction Conference 2016

March through May has been a busy few months for Greenfield. A Greenfield Business Delegation has been established to serve the Middle East and North Africa (MENA) Region. The Delegation consists of Economists, Investors, Consultants, Analysts and Brokers. The task started at the World Bank Headquarters in Washington D.C. […]

Weekly News Roundup for June 10, 2016

These are some of the stories we’ve been following this week.

Following another oil train derailment, regulators are looking into increased safety measures for trains transporting oil, especially near populated areas.

An energy plant in Oregon is at the center of a property tax fight that has lasted for […]

Investing in Innovation – The King Hussein Business Park

A Greenfield Business Delegation had the opportunity to engage in the Middle East and North Africa (MENA) region in efforts to expand operations abroad. These endeavors have taken Greenfield to Jordan, to attend the Conference and Exhibition on the Reconstruction/Investment of Iraq 2016. In this first blog post, I […]

Weekly News Roundup for June 3, 2016

These are some of the stories we’ve been following this week.

Hopeful EB-5 Immigrant Investor Program applicants are seeing their applications delayed while potential EB-5 projects are investigated over allegations of fraud.

Old gas and oil wells may be buried underground, and they can be dangerous to builders, who […]

Debate Continues Over Future of EB-5 Program

In recent months, Congress has been discussing how the EB-5 program should proceed. A recent bill was proposed that would change some of the key provisions in the program in an effort to assuage allegations of fraud.

The EB-5 Immigrant Investor Program allows those living in other countries to obtain […]

By |June 2nd, 2016|Categories: Blog, News|Tags: , , |0 Comments

Weekly News Roundup for May 27, 2016

These are some of the stories we’ve been following this week.

Ohio lawmakers are pushing for earlier resident notification regarding potentially contaminated water. Legislators cited the recent contamination in Flint, Michigan, as the reason for demanding a quicker response.

Peru declared an emergency in a jungle area that was […]

Greenfield Advisors Snapshot – George Ruth

Every month we take a look at one of our employees who makes us the successful company that we are today. Today we profile George Ruth, a data entry team member who works out of the West Coast office in Seattle.

What are some memorable projects for you?

I believe the […]

By |May 26th, 2016|Categories: Blog, News||0 Comments

Existing Home Sales Continue to Climb

Last month was the hottest April on record, and the housing market was on fire as well with existing home sales racing even higher. Since this time last year, sales are up by six percent. Existing home sales in April reached a seasonally adjusted annual rate of 5.45 million […]

Weekly News Roundup for May 20, 2016

These are some of the stories we’ve been following this week.

China’s investments in the U.S. real estate market have added 200,000 jobs to the U.S. economy. China is the top participant in the EB-5 Immigration Investor Program, which provides visas to overseas investors and their families in exchange […]

Porter Ranch Residents Dealing with Aftermath of Gas Leak

Last October, a well at the Aliso Canyon natural gas storage facility in California suffered a blowout that leaked methane gas into the surrounding area, allegedly causing many to suffer from a range of physical ailments. As a result, approximately 8,000 families in the Porter Ranch community left their […]

Millennials Finding it Hard to Enter the Housing Market

The housing market has been booming as of late. A tight housing supply paired with buyers motivated to either purchase their first home or upsize has pushed prices upward. While the overall market is doing well during the summer buying season, there is one group that is less able […]

Weekly News Roundup for May 6, 2016

These are some of the stories we’ve been following this week.

Minnesota officials are taking steps to avoid a water crisis like Flint’s by understanding lead contamination prevention techniques.

The Colorado Supreme Court ruled that cities could not place limits on hydraulic fracturing operations because the ordinances cannot […]

Housing Market Firing On All Cylinders

Anyone looking to sell their house will be happy to hear the latest on the housing market, which is picking up speed as the summer buying season arrives. Existing home sales in March were up 1.5 percent from the same time last year, and total sales were a little […]

Weekly News Roundup for April 29, 2016

These are some of the stories we’ve been following this week.

Seattle and San Francisco have recently increased the minimum wage in their municipalities, but making sure all businesses cooperate has not been an easy task.

A new lawsuit filed as a result of the lead contamination crisis in […]

Greenfield Advisors Snapshot – Sarah Hall

Every month, we take a look at one of our employees who makes us the successful company that we are today. Today we profile Sarah Hall, an Associate Analyst in the Seattle office.
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What are some memorable projects for you?
The preponderance of my experience at Greenfield has been in mortgage-backed […]

By |April 28th, 2016|Categories: Blog, News|Tags: |0 Comments

Concerns Over Oil Train Derailments Cause Governments to Act

A typical oil train car used in the United States, the DOT-111 tank car, for example, can haul as much as 34,500 gallons of oil across the country. An entire train of these cars would be moving hundreds of thousands of gallons of oil, sometimes through populated areas or […]

By |April 26th, 2016|Categories: Blog, News|Tags: , , , |0 Comments

Weekly News Roundup for April 22, 2016

These are some of the stories we’ve been following this week.

Residents testified in a construction defect lawsuit earlier this week against the country’s largest homebuilder, D. R. Horton.

In New Hampshire, towns are coming together to deal with the lead contamination of their water. The consortium will work […]

Greenfield Advisors Serves as Expert in VerdictSearch.com’s Top 20 Verdicts of 2015

SEATTLE, Washington and CARTERSVILLE, Georgia – Greenfield Advisors provided the analysis and principle expert testimony for the prevailing side in a lawsuit listed as number 20 on VerdictSearch.com’s list of the Top 100 Verdicts of 2015.

In Chase Barfield, et al., v. Sho-Me Power Electric Cooperative, et al., landowners in […]

Minimum Wage Update Part 2: The Next Steps

In the first part of our series on the debate over raising minimum wage, we looked at how Seattle has adjusted in the year since the minimum wage increase. Economists are still watching Seattle, and they will soon have many other places across the country to observe and study […]

Weekly News Roundup for April 15, 2016

These are some of the stories we’ve been following this week.

Officials in the United Kingdom are working to fight global warming while still heating homes. One option is to use hydrogen, which burns cleaner than natural gas and doesn’t give off carbon dioxide.

Voters in New Orleans voted […]

Minimum Wage Update Part 1: A Year Later in Seattle

In the last year, a movement to raise the minimum wage has spread across the country. It started in cities like Seattle, where in 2014, the city council voted to incrementally raise the minimum wage over time. This minimum wage ordinance positioned Seattle as the host of a social […]

Housing Market Heads into the Buying Season with Strong Numbers

Spring is often when homeowners put their homes on the market. It’s considered the best time for sellers, as buyers are out in full force now that the weather is nice.

This year is shaping up to be a great one for sellers, with the housing market looking healthy and […]

Weekly News Roundup for April 8, 2016

These are some of the stories we’ve been following this week.

The City of Miami has filed multiple lawsuits alleging that various banks violated the Fair Housing Act by targeting minorities for loans with predatory terms, which cost the city money. Wells Fargo has asked the U.S. Supreme Court to […]

Greenfield Advisors Celebrates 40 Years of Real Estate and Economic Excellence

You probably know that Greenfield Advisors (formerly Mundy Associates) was founded in 1976, making this our 40th anniversary. To celebrate, we asked our Founder, Dr. Bill Mundy, to describe what it was like to set up the firm and some of the early research projects he took on. We also […]

Jordan: A Growing Economy Welcoming Foreign Investors

During a busy week in March, Dr. Clifford Lipscomb and I attended a World Bank Conference and several strategic meetings, including brief meetings with U.S. Senator Maria Cantwell and Her Excellency, Ambassador of the Hashemite Kingdom of Jordan, Dr. Alia Bouran. In this post, I’d like to discuss what […]

Weekly News Roundup for April 1, 2016

These are some of the stories we’ve been following this week.

The U.S. economy slowed in the last quarter of 2015 as corporate profits and inventory investments declined, but increased consumer spending helped lessen the blow.

Investors have filed a class action lawsuit alleging that Wells Fargo ignored issues with problem […]

Greenfield Advisors Attends the World Bank Conference on Land and Poverty

On March 14, 2016, at 7:55 a.m., the spotlights brighten and focus on the unoccupied chairs of the panel in the World Bank’s Preston Auditorium. Officials from over 100 countries shuffle to get into their seats, exchanging greetings and cordialities in over 90 languages. A line of delegates floats […]

The Marketplace for Pharmaceutical, Medical Device, and Diagnostic Royalties

Without a doubt, one of the fastest growing private equity markets in the last decade has been the market for healthcare product royalties—royalties derived from the end sale of pharmaceuticals, medical devices (also known as medical technologies), and diagnostics. I’ve written previously about how these royalties are valued, and […]

Weekly News Roundup for March 25, 2016

These are some of the stories we’ve been following this week.

Commercial property sales dropped sharply in February. Economic uncertainty and volatile financial markets may have weakened demand, and prices have started to drop in some sectors.

Foreign investors have been putting a lot of money into buying U.S. real estate. […]

Greenfield Advisors Snapshot – Tyler Rogstad

Every month we take a look at one of our employees who makes us the successful company we are today. Today we profile Tyler Rogstad, an Associate Analyst in our West Coast office in Seattle.
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What are some memorable projects for you?

In my time at Greenfield Advisors, I have almost […]

By |March 24th, 2016|Categories: Blog, News|Tags: , |0 Comments

Perception vs. Price: When Sellers Over- or Undervalue Their Homes

For anyone who ever loved to track down baseball cards, comic books, or other collectibles, there was nothing like looking up the value of your most prized possession. For kids, it was often a harsh discovery that the outfielder you spent several dollars on was worth just a fraction […]

Weekly News Roundup for March 18, 2016

These are some of the stories we’ve been following this week.

Oil prices are once again increasing, but the hydraulic fracturing industry may not be able to recover quickly enough to take advantage. When oil prices dropped, fracking became less profitable, and companies shut down many of their fracking operations. […]

Up, Up, and Away—Drone Use in the Real Estate Industry Takes Off

Last January we wrote about how drones could soon be changing the way that real estate professionals do their job. At the time, the National Association of Realtors released a statement that unmanned aerial vehicles (UAVs) (also referred to as unmanned aircraft systems or UAS)were not allowed for commercial […]

Weekly News Roundup for March 11, 2016

These are some of the stories we’ve been following this week.

Michigan Governor Rick Snyder recently signed the $30 million Flint Water Relief Bill to assist Flint residents with water bill debt for water they couldn’t safely use. City officials have had to suspend water bills for Flint residents until credits […]

Employment Numbers Continue Strong Showing

The first two months of 2016 have put economists in a good mood. January kicked off the year with the first unemployment rate below 5% since the Great Recession started 8 years ago. During that period, unemployment reached 10% in 2009 before slowly trending back downward. The housing market, which […]

EB-5 Debate Continues as Application Backlog Builds

Late last year, Congress was working furiously to prepare a budget that would avoid a government shutdown. As legislators debated and worked, time was running out for the popular EB-5 Immigrant Investor Program, which would expire in December 2015 if Congress did not renew it.

The EB-5 program was under […]

Weekly News Roundup for March 4, 2016

These are some of the stories we’ve been following this week.

A study conducted by Integra Realty Resources for the Interstate Natural Gas Association of America (INGAA) Foundation found that natural gas pipelines didn’t affect property values or insurability in the locations studied.

A Superior Court Judge upheld a Georgia transportation […]

What’s Happening in Construction Defects Litigation?

One of the many types of real estate litigation that Greenfield Advisors consults on is cases involving construction defects. While statutory definitions vary by state, generally speaking, a construction defect is a deficiency or flaw in the materials, design, or construction of a building or structure that fails to […]

What an Election Year Means for House Prices

This year will bring a whirlwind of new political excitement, but also uneasiness. Presidential election years have many effects on our society. One effect that has been historically popping up during election years is the real estate market’s response. However, since the headlines are saturated with the latest poll […]

Weekly News Roundup for February 26, 2016

These are some of the stories we’ve been following this week.

Last year acid mine drainage from the Gold King Mine rushed into the nearby Animas River, contaminating it with heavy metals. The mine is one of 46 mines that could soon be designated as Superfund sites to be cleaned […]

A Tight Housing Supply Keeps Rental Prices High

The housing market had a strong year last year, as buyers returned in large numbers to push prices up. Low inventory did slow the market a bit, but overall, the real estate industry appeared to have recovered from the economic downturn that hit the country in December 2007. However, […]

Greenfield Advisors Snapshot – Kasia Różańska

Every month we take a look at one of our employees who makes us the successful company we are today. Today we profile Kasia Różańska, the Data Systems Coordinator who works out of our West Coast office in Seattle.
_____________
 

What are some memorable projects for you?

Currently I’ve only worked on […]

By |February 23rd, 2016|Categories: Blog, News|Tags: , |0 Comments

Weekly News Roundup for February 19, 2016

These are some of the stories we’ve been following this week.

Residents of Flint, Michigan affected by the lead-contaminated water are considering joining lawsuits that could reach a billion dollars in claims and damages.

The Sierra Club filed a lawsuit to reduce wastewater injection from hydraulic fracturing in Oklahoma. The non-profit […]

The Gig Economy Is Growing but Faces Challenges, Part 2

In a previous post, we introduced the gig economy and discussed why it’s difficult to estimate how many people participate. In today’s post, we discuss some of the tradeoffs that workers must consider as well as some of the legal challenges and other obstacles that the platforms have faced.
What tradeoffs do […]

The Gig Economy Is Growing but Faces Challenges, Part 1

It was just a few years ago when you could look down from any skyscraper in Manhattan and see the streets covered in yellow taxis. Today though, many of the cars taking businesspeople, tourists, and others across town are just regular vehicles, thanks to companies like Uber and Lyft.

In […]

Weekly News Roundup for February 12, 2016

These are some of the stories we’ve been following this week.

During her testimony before the Senate Banking Committee, Federal Reserve Chair Janet Yellen said that although the Fed hasn’t ruled out a March rate increase, it might wait to act. The Fed is also investigating the viability of implementing […]

2016 Real Estate Capital Markets Conference Recap

I recently had the pleasure of attending the 10th annual Goodwin Procter Real Estate Capital Markets Conference, held January 29 at the Waldorf Astoria Hotel in New York City. The half-day program featured an investment banker, two panels, and a leading economist presenting their views of current trends in […]

Weekly News Roundup for February 5, 2016

These are some of the stories we’ve been following this week.

The tax assessor for Porter Ranch is looking into tax relief for the thousands of property owners affected by the methane leak that was discovered in October.

The methane gas leak near Porter Ranch, California has made headlines. However, it […]

How Technology Is Changing the Landscape of Environmental Contamination

Environmental contamination continues to be a hot-button issue in the United States. From the closing statements in the Democratic Presidential Debate in Charleston, South Carolina to the trending Michigan State of the State Address, water contamination in Flint, Michigan is making the news daily. So are updates on the […]

By |February 4th, 2016|Categories: Blog, News|Tags: , , |0 Comments

How Do We Appraise a Property with Dinosaur Bones and Other Fossils?

At Greenfield Advisors, we have built a reputation on our ability to value a wide range of assets, from contaminated properties to trophy properties, and from an alpaca herd to pharmaceutical royalties. One of the many interesting projects we have worked on over the last 40 years involved appraising a […]

Weekly News Roundup for January 29, 2016

These are some of the stories we’ve been following this week.

A new study published in American Economic Review examined how hydraulic fracturing can negatively affect property values of nearby homes.

A new study will look at whether recent earthquakes in Texas are caused by fracking-related wastewater injection wells. Texas is […]

Insights from the 2016 Las Vegas EB-5 Conference

Last year Greenfield Advisors began working with clients involved in the EB-5 Immigrant Investor Program, providing a variety of services. As part of this new venture, I attended the 2016 Las Vegas EB-5 Conference. The event was structured as a series of panel discussions on topics ranging from likely […]

By |January 28th, 2016|Categories: Blog, News|Tags: , , |0 Comments

Unexpected Avenues for Economic Development, Part Two

In part one of this series, we looked at a few methods of promoting economic development in local communities. These included education, attractiveness and availability of housing, and government programs and incentives. Each of these approaches contributes to the economic growth of an area in a significant way.

Today we […]

Weekly News Roundup for January 22, 2016

These are some of the stories we’ve been following this week.

This three-dimensional map of the methane levels around Porter Ranch, California gives a new perspective on the extent of the leak.

Class action lawsuits continue to be filed in the wake of the water contamination crisis in Flint, Michigan.

The California […]

Greenfield Advisors Wins Prestigious Award for Paper on Real Estate Data Analysis

CARTERSVILLE, GA and SEATTLE, WA, JANUARY 21, 2016 – One of Greenfield Advisors’ partners and a colleague won “Best Refereed Paper” from the Pacific Rim Real Estate Society.

Dr. Clifford Lipscomb, Director of Economic Research at Greenfield Advisors, worked with Dr. Andy Krause of the University of Melbourne on the […]