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House Democrats Propose Climate Framework With Measures to Reduce Buildings’ Carbon Footprint
The House Select Committee on the Climate Crisis on June 30 released its blueprint for “Solving the Climate Crisis.” The plan proposes a menu of mandates and incentives for multiple industry sectors – including commercial and residential real estate – with a goal to achieve a 100% “net zero” emissions U.S. economy by 2050.Full story: House Democrats Propose Climate Framework With Measures to Reduce Buildings’ Carbon Footprint -
NEWS: Q2 Economic Sentiment: Commercial Real Estate Execs Confirm COVID-19 Market Downturn
Commercial real estate executives confirmed a downturn in Q2 market conditions due to job losses and business shutdowns related to COVID-19, according to The Real Estate Roundtable’s 2020 Q2 Economic Sentiment Index released today. The report also shows there is an expectation for an improvement in market conditions by next year, dependent upon the return of jobs and the ability to safely reopen businesses.Full story: NEWS: Q2 Economic Sentiment: Commercial Real Estate Execs Confirm COVID-19 Market Downturn -
Roundtable to Establish Standing Policy Committee on Diversity and Inclusion; Industry Executives Discuss Needed Actions
The Real Estate Roundtable’s Board of Directors recently approved establishment of a new standing committee to address inclusivity and diversity in the industry and as part of the organization’s policy agenda. The new committee’s working name is the “Real Estate Diversity and Inclusion Policy Advisory Committee” (REDIPAC). Its intended objectives are to...Full story: Roundtable to Establish Standing Policy Committee on Diversity and Inclusion; Industry Executives Discuss Needed Actions -
House Democrats Release Infrastructure Package Details; Vote Expected Next Week
House Democrats on June 22 released details of a $1.5 trillion infrastructure package – the Moving Forward Act (H.R. 2) – that they plan to bring to a vote before July 4, although the measure’s prospects in the GOP-controlled Senate are uncertain.Full story: House Democrats Release Infrastructure Package Details; Vote Expected Next Week -
2020 Annual Report - Leading Through Crisis
2020 Annual Report - Leading Through CrisisFull story: 2020 Annual Report - Leading Through Crisis -
Roundtable Discussion with North America’s Building Trades Unions President Sean McGarvey on COVID-19, Racial Inequality, Workforce Training and Infrastructure
Full story: Roundtable Discussion with North America’s Building Trades Unions President Sean McGarvey on COVID-19, Racial Inequality, Workforce Training and Infrastructure -
Fed Chairman Testifies Congressional Stimulus Measures Should Continue as Main Street Lending Program Launches; Regulators Support Financing to Non-Bank Lenders
Federal Reserve Chairman Jerome Powell told House and Senate policymakers this week that economic support for workers and businesses adversely affected by COVID-19 should continue, adding that until COVID-19 is fully contained, “a full recovery is unlikely.” ...Full story: Fed Chairman Testifies Congressional Stimulus Measures Should Continue as Main Street Lending Program Launches; Regulators Support Financing to Non-Bank Lenders -
Treasury Secretary Mnuchin and Industry Leaders Address Coronavirus Policy Response, Racial Injustice, and Reopening Challenges
The Real Estate Roundtable’s first Virtual Annual Meeting this week attracted nearly 300 Roundtable members who remotely accessed discussions with Treasury Secretary Steven Mnuchin and industry leaders on COVID-19 policy responses, racial injustice and business reopening challenges. The Roundtable’s policy advisory committee meetings also held their first remote meetings ...Full story: Treasury Secretary Mnuchin and Industry Leaders Address Coronavirus Policy Response, Racial Injustice, and Reopening Challenges -
The Real Estate Roundtable Stands in Solidarity Against Racism and Injustice
Statement from Roundtable Chair Debra Cafaro and Roundtable President and CEO Jeffrey DeBoer: "Systemic racism and injustice is a pandemic that has plagued our nation for far too long. The real estate industry must help to eliminate at its core this scourge in our society and economy. The moment for leadership is now. The Real Estate Roundtable commits to motivate meaningful and lasting change within our spheres of influence." See full statement ...Full story: The Real Estate Roundtable Stands in Solidarity Against Racism and Injustice -
Industry Leaders Respond to Racial Injustice; Rental Concerns Amid COVID-19 Lockdowns Add to Uncertainty
Real estate industry leaders this week responded to protests against racial injustice throughout the nation sparked by the May 25 death of George Floyd in Minneapolis. Real Estate Roundtable Chair Debra Cafaro (Chairman and CEO, Ventas, Inc.) on June 2 stated...Full story: Industry Leaders Respond to Racial Injustice; Rental Concerns Amid COVID-19 Lockdowns Add to Uncertainty