RealEstateRama

Gomez will oversee engineering services, including technical and operational support, design and construction for the City's Capital Improvements Program. She will also manage the development of public infrastructure and facilities. Her first day is July 6

U.S. Representatives Mike Thompson (D-CA-05) and Ted Poe (R-TX-02), and Senators Chris Coons (D-DE) and Jerry Moran (R-KS) today re-introduced bipartisan legislation to level the energy playing field by giving investors in renewable energy projects access to a decades-old corporate structure whose tax advantage is currently available only to investors in fossil fuel-based energy projects

A new report by the California Reinvestment Coalition finds Wall Street’s latest profit scheme of buying and renting foreclosed homes (REO to Rental) is hurting neighborhoods throughout California. The report, based on a survey of 80 community-based nonprofits, finds long-term tenants are being displaced, first time homebuyers are losing to all-cash offers by investors, and communities are being destabilized.

The site offers 10 by 12 feet garden plots filled with screened dirt and a nearby water source. Plots are $50 per year, paid annually to the Big Bear Valley Recreation and Park District, and are selling fast. Gardeners are required to use only organic soil additives and planting materials and are encouraged to grow their favorite vegetables.

New Buildings Institute (NBI) has announced the addition of Nancy Jenkins, manager of DSM Strategy and Compliance at Southern California Edison (SCE), as the newest member of the organization’s Board of Directors. Ms. Jenkins is currently responsible for leading development and implementation of the overall strategy for SCE’s energy efficiency, demand response and customer solar program portfolio. Prior to joining the utility, she supported public policy at the California Energy Commission

NAI Capital is pleased to announce that Executive Vice President Tom Nguyen represented KO's HB Medical Building, Inc., in the sale of 17752-17762 Beach Boulevard in Huntington Beach, Calif. The $7.8 million sale included a 19,288 square foot surgery center, a 29,398 square foot medical office building and a 4 level parking structure on 1.8 acres of land. The buyer was Blue Sky HB, LLC.

U.S. Representative Ed Royce (R-Calif.) questioned U.S. Housing and Urban Development Secretary Julian Castro on the need for housing finance reform and the exodus of bank lenders from the Federal Housing Administration (FHA) program at today's House Financial Services Committee hearing entitled “The Future of Housing in America: Oversight of the Department of Housing and Urban Development.”

During his appearance on C-SPAN’s Washington Journal this morning, Congressman John Garamendi (D-Fairfield, CA) reiterated his strong opposition to the Trade Promotion Authority (TPA) legislation, which is currently scheduled for a vote in the House of Representatives this Friday.

National commercial real estate investment banking firm George Smith Partners has named three new Principals for the firm. The three new Principals, Bryan Shaffer, Jonathan Lee and Shahin Yazdi, join the firms existing Principals Steve Bram, Gary E. Mozer, David Rifkind, Gary M. Tenzer and Malcolm Davies

Mariko Beaver has joined NAI Capital’s Orange County office as senior vice president bringing with her 15 years of experience in medical office leasing and sales. With having completed over $500 million in transactions, she will continue to focus on the medical office market servicing clients throughout the Southern California region

the U.S. Senate Appropriations Subcommittee on Energy and Water Development approved fiscal year 2016 funding legislation that totals $35.4 billion in discretionary budget authority, which is $1.2 billion more than the fiscal year 2015 level and $666 million less than the President’s requested level

“I voted to continue critical funding for our infrastructure for the short-term because we cannot in good conscience abandon or delay vital infrastructure projects during the busy summer months. These projects support too many jobs, and are too important to our communities’ safety to play politics. We must, however, stop these short-term patches and work together to find a long-term solution for fixing our outdated roads, bridges and levees that isn’t fiscally irresponsible, and doesn’t raise the gasoline tax on families who are already struggling.

Congressman Ted W. Lieu (D | Los Angeles) expressed his thanks to the U.S. Department of Veterans Affairs (VA) for hosting a community-wide Homeless Veteran Town Hall. The Town Hall was held in the Wadsworth Theater located on the West LA VA campus. It was well attended by veterans, community members, providers and interested parties. The Town Hall focused on the steps the VA has taken during the first 100 days since the release of “Veterans Homelessness Strategy and Action Plan for Greater Los Angeles: Key Strategies.”

Last night, Rep. Pete Aguilar (CA-31) took to the House floor to fight for increased quality and integrity protections for California water. He offered an amendment to H.R. 1732, theRegulatory Integrity Protection Act of 2015, a bill that would rollback the Environmental Protection Agency’s ability to protect waterways from pollution. Rep. Aguilar’s amendment requires that the new rules included in the bill protect the quality and integrity of water used for the public’s drinking supply, drought mitigation, agriculture, and coastal flooding from hurricanes or super storms.

DTZ, a global leader in commercial real estate services, announced today the $12.2 million sale of 3209 Lionshead Avenue, a 74,000 square foot, single-tenant corporate headquarters building strategically located in Carlsbad, CA

As the state marks Wildfire Awareness Week, Insurance Commissioner Dave Jones has launched a new online coverage comparison tool to help California consumers shop for homeowner, condominium owner and renter insurance by allowing them to compare coverage features offered by a variety of insurers

Hanley Investment Group, a nationally-recognized boutique real estate brokerage and advisory firm specializing in retail property sales, announced today that Hanley Investment Group's President Ed Hanley arranged the sale of a 59,500-square-foot Best Buy, located in Boca Raton, Florida, in an off-market transaction. The single-tenant triple-net leased property located on 4.7 acres sold for $11.5 million. The buyer, Magi Henderson LLC, has ties to Santa Monica, California-based Pacific Star, a real estate investment trust. The seller, Palmer Chicago Investment Company, a California general partnership, is affiliated with Black Equities Group of Beverly Hills, Calif.

Visual Text Huffman: “This bill provides an opportunity for working families to stay in the region without impacting the existing landscape.” WASHINGTON, D.C. - May 1, ...

Visual Text WASHINGTON, D.C. - May 1, 2015 - (RealEstateRama) -- Congressman John Garamendi (D-Fairfield, CA), one of California’s strongest voices against the proposed twin...

Congressmembers Karen Bass (D-Calif.) and Lucille Roybal-Allard (D-Calif) released the following statement after the Department of Housing and Urban Development (HUD) did not select Los Angeles Trade-Technical College’s “Promise Zone” application