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February 13, 2013
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News for the roofing industry

  Top Story 
  News & Trends 
  • N.Y. lenders open credit lines for multifamily, other construction loans
    Banks and lending firms in New York have opened up credit lines for multifamily rental buildings over the past year and a half or so. Now they are looking at commercial projects such as hotels, condos and selected office and retail ventures because the real estate market is slowly recovering and loan default rates are declining. "There is plenty of debt capital available and as we bid on transactions there is a lot more competition than there was 12 months ago, and certainly more than 24 months ago," said Bill Cotter, division manager at Wells Fargo Commercial Real Estate. The New York Times (tiered subscription model) (2/12) LinkedInFacebookTwitterEmail this Story
 
  • Partial roof damage prompts evacuation of Mass. building
    Partial damage to the roof at a 30-unit apartment building in Lawrence, Mass., has prompted an evacuation. A structural engineer had been hired to inspect the structure to determine its stability and safety. The sloped roof didn't cave in, but rather its rafters separated from the ridge, said Lawrence Deputy Fire Chief Dan Kennedy. WHDH-TV (Boston) (2/12), Boston Herald (2/12) LinkedInFacebookTwitterEmail this Story
  Energy & the Environment 
  • 3 green-building standards assessed for GSA facilities
    The General Services Administration is evaluating three green-building rating systems to see which one it will follow for construction and upgrades to federal facilities. The agency is looking for public input on the LEED 2009 rating system, the Green Globes system and the Living Building Challenge. The move has raised concerns that this could weaken the influence of LEED on the GSA and prompt it to shift to the Green Globes rating system, which some say is too favorable to certain industries. TriplePundit.com (2/12) LinkedInFacebookTwitterEmail this Story
  In the Office 
  • Reward your employees to maximize productivity
    Rewarding your employees for their hard work is a good way to keep them motivated and create a strong community, writes Jacob Kache. "[T]he most effective rewards programs combine smaller, regular rewards, with bigger, more extravagant rewards at greater intervals," he writes. LeadChangeGroup.com (2/11) LinkedInFacebookTwitterEmail this Story
  • How to evaluate the strengths and weaknesses of your staff
    You don't need to have time and money to build a talented staff that will meet your strategic goals, although many executives will plead otherwise, writes Kirk Kramer, a partner with The Bridgespan Group. You do need a fundamental understanding of the company's strategy, how it can be met by existing staff and where hires need to be made. Kramer suggests using a Performance-Potential Matrix to determine any gaps in your existing staff. Harvard Business Review online/HBR Blog Network (2/12) LinkedInFacebookTwitterEmail this Story
  Government & Regulatory 
  • Obama urges quick action on broad immigration overhaul
    President Barack Obama said he wants Congress to act immediately on a comprehensive immigration reform bill because it could boost the country's economy by allowing companies to hire highly skilled workers from abroad. Sen. Marco Rubio, R-Fla., who is working toward passing a bipartisan immigration measure in the Senate and who responded to Obama's State of the Union speech, agreed that immigration reform would bring economic benefits, but also said the U.S. needs to do more to secure its borders. Reuters (2/13) LinkedInFacebookTwitterEmail this Story
  NRCA News 
  • NRCA announces Gold Circle Award winners
    NRCA presented its 18th Annual Gold Circle Awards during its 126th Annual Convention Feb. 3-7 in San Antonio. Gold Circle Awards were given to NRCA members who made significant contributions to the roofing industry in categories such as outstanding workmanship, innovative solutions and service to the community. Learn more, and see a list of winners. LinkedInFacebookTwitterEmail this Story
  • NRCA elects 2013-14 officers
    NRCA announced its new slate of officers and directors during its 126th Annual Convention Feb. 3-7 in San Antonio. Officers and directors will begin their terms June 1. See a complete list of the new leadership. LinkedInFacebookTwitterEmail this Story
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--Aldous Huxley,
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