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Hanley Investment Group Negotiates Sale of Brand New Single-Tenant Black Bear Diner Restaurant in...

Multiple all-cash offers within first week of marketing is evidence of continued demand for well-located single-tenant retail assets CORONA DEL MAR, CALIF. — (RealEstateRama) --...

Man Sentenced to Prison for Kidnapping Elderly Woman During Home Robbery in San Gabriel...

A 53-year-old man was sentenced today to 95 years to life in state prison for kidnapping and robbing a 79-year-old woman, and burglarizing the home of another elderly woman, the Los Angeles County District Attorney’s Office announced.

Cárdenas to Celebrate Milestone with Optical Zonu, a Company Representing the San Fernando Valley’s...

Congressman Tony Cárdenas, an advocate for STEM and steam education, will join Optical Zonu in celebrating its contributions to the San Fernando Valley at the facility’s ribbon-cutting ceremony on Sept. 1, 2016. Rep. Cárdenas will give a keynote address on the Valley’s ingenuity, business friendliness, and diverse, competitive workforce, all of which Optical Zonu represents following three years of double-digit growth
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McCormick Construction Completes Interior Renovation of Neurobrands’ Corporate Office in Burbank

McCormick Construction, a premier builder shaping the culture of buildings and businesses throughout the Western United States since 1914, has completed construction on a 14,000-square-foot interior renovation project for beverage manufacturer, Neurobrands llc’s, corporate office located at 2550 N. Hollywood Way in Burbank, California. Neurobrands originally occupied two disconnected office suites in the North Hollywood Way office building, which is in close proximity to the Hollywood Burbank Airport.

Feinstein Statement on Soda Mountain Solar Plant

Following the San Bernardino County Supervisors’ decision to deny certification of an Environmental Impact Report for the Soda Mountain Solar Power Plant, Senator Dianne Feinstein (D-Calif.) released the following statement

Justice Department Alleges California Loan Modification Service Providers Discriminated Against Hispanic Homeowners

The Justice Department today filed a lawsuit alleging that several mortgage loan modification service providers violated the federal Fair Housing Act and Equal Credit Opportunity Act by intentionally discriminating against Hispanic homeowners by targeting them for predatory mortgage loan modification services and interfering with their ability to receive financial assistance to maintain their homes.  The defendants named in the lawsuit are The Home Loan Auditors LLC, Century Law Center LLC, SOE Assistance Center Inc., Spieker Law Office and the principals of these entities:

Mayor Announces $45 Million State Funding to Expand Muni Fleet

Mayor Edwin M. Lee today applauded the California State Transportation Agency for awarding $45 million in new cap-and-trade funds as part of the Transit and Intercity Rail Capacity Program (TIRCP) to allow for growth and modernization of San Francisco’s light rail vehicle (LRV) fleet. In addition to improving the system’s safety and reliability, decreasing crowding, and increasing integration with regional operators like BART and Caltrain, the full fleet of new LRVs is expected to deliver 963,000 tons of greenhouse gas reductions over the life of the vehicles

California pending home sales post fourth straight annual increase in July

Led by the Southern California region, California statewide pending home sales continued to build momentum in July, posting an increase from both the previous month and year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

California Assembly Approves Bill to Stop “Widow Foreclosures”

Earlier today, California’s assembly moved one step closer to enacting legislation designed to protect widows, widowers, and other heirs from unnecessary foreclosures. Senate Bill 1150 (Leno, Galgiani), the Homeowner Survivor Bill of Rights (SBOR), was approved by the Assembly with 47 votes for it. The next step is a concurrence vote by the Senate, and then the bill would head to Governor Brown.

Man Convicted in Long Beach Home-Invasion Robbery

A 28-year-old man was found guilty today of robbing a home that resulted in the fatal shooting of a fellow burglar, the Los Angeles County District Attorney’s Office announced. Gus Polly Adams was convicted of one count each of first-degree residential robbery and first-degree residential burglary. The jury also found true the special allegations that Adams inflicted great bodily injury and elder abuse

Congress Members Garamendi & Matsui Attend Natomas Basin Project Ceremonial Signing

Congressman John Garamendi (D-Fairfield, Davis, Yuba City, CA) and Congresswoman Doris Matsui (D-Sacramento, CA) joined a number of local and federal leaders at the Natomas Basin Project ceremonial signing. The project, which is moving forward with federal support advocated by Congressman Garamendi, will provide a 100-year level or greater of flood protection for the more than 100,000 Sacramento and Sutter County residents who live in the Natomas Basin.<

Nathan & Associates, Inc. and Province West Announce New Relationship in California

Nathan & Associates, Inc. and Province West, two of the leading land brokerage firms in the western United States, are pleased to announce the formation of a strategic alliance between the two firms. Scottsdale, AZ-based Nathan & Associates, Inc. has been active in California for the last several years. The creation of an alliance with Irvine, CA-based Province West will provide for enhanced local market intelligence and additional “boots on the ground” resources to more effectively service Nathan & Associates existing clients who have exposure to the California marketplace.

CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of Target Outpad and Retail...

CBRE Executive Vice President Philip D. Voorhees announced today that he, Jimmy Slusher and their National Retail Investment Group – West (NRIG-West) team completed the sale of the Shops at Stonecreek Plaza, a 52,171-square-foot strip center in the city of Los Banos, Calif., leased to a synergistic mix of regional and local tenants including Petco, Famous Footwear, Dollar Tree, GNC, Metro PCS, Wingstop and a drive-thru Starbucks. The sale price was $12 million, representing a 7.1% cap rate.

Teen Charged with Killing Ex-Girlfriend in Pico Rivera

A 17-year-old was charged today with fatally stabbing his former girlfriend in her Pico Rivera home last Friday, the Los Angeles County District Attorney’s Office announced. Rory Murga (dob 4/18/99) of Pico Rivera has been charged as an adult with one count of murder in case VA142607.

Hanley Investment Group and Voit Real Estate Services Arrange Sale of Single-Tenant Petco in...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, in conjunction with Voit Real Estate Services, announced today that the two firms completed the sale of a single-tenant net-leased coastal property occupied by Petco at 537 North Pacific Coast Highway in Redondo Beach, Calif. The sales price of $7,630,000 represented a cap rate of 4.5%, a record low cap rate for a single-tenant Petco in Los Angeles County

KTGY-designed Artisan Alley to Capitalize on Craft Brew Craze Adjacent Stadium in Lake Elsinore,...

International award-winning KTGY Architecture + Planning announced today that it has been selected by Orange County-based Civic Partners as the designer of Artisan Alley at The Diamond, a unique retail development located in western Riverside County in the City of Lake Elsinore, Calif. Conveniently located across the street from the Lake Elsinore Diamond Stadium, the proposed retail development will bring a creative, commercial destination, which is sure to energize the neighboring area.

California home sales and median price decrease in July as affordability crunch puts dent...

California home sales stumbled in July as low inventories and eroding affordability dragged down the housing market, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today

Fleming: St. Landry and Evangeline Parishes Eligible for Federal Help for Flood Damage

Congressman John Fleming, M.D. released the following statement after a massive storm left eight people dead and 40,000 homes affected in Southern Louisiana. On August 14, 2016 the President issued a major disaster declaration for the State of Louisiana. The initial declaration has been amended to provide residents of eight parishes, including St. Landry and Evangeline Parishes, with federal assistance to help with storm recovery

SACRAMENTO COMMUNITY TO CELEBRATE GRAND OPENING OF RAILYARDS ROADS

All the Railyards roads and bridges will officially open with a celebration this Friday. Congresswoman Doris Matsui, Caltrans, and Downtown Railyard Venture, LLC will join City leaders at a grand opening celebration of the Railyards Roads Friday, August 19 beginning at 8:30 a.m.

Attorney General Kamala D. Harris, 8 Other State Attorneys General Intervene to Support New...

Attorney General Kamala D. Harris, 8 other states and the city of Chicago today filed a motion to intervene in support of the U.S. Environmental Protection Agency’s (EPA) New Source Performance Standards to limit greenhouse gas emissions, specifically methane, from oil and natural gas operations. The new EPA standards mark the first time the EPA has directly limited greenhouse gases from the oil and natural gas sector and tightens existing limits on emissions of volatile organic compounds (VOCs) from oil and natural gas operations

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Attorney General Kamala D. Harris Announces Arrests and Indictments by California...

Attorney General Kamala D. Harris announced that six individuals were indicted and arrested on 135 felony charges for operating a mortgage fraud scheme throughout Southern California and the Inland Empire, preying on homeowners facing foreclosure. The case is being prosecuted by attorneys in the Attorney General’s Mortgage Fraud Strike Force, created by Harris in 2011 to prosecute mortgage fraud at every step of the process

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