RealEstateRama

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

Addressing graduates at the California Maritime Academy and in Virginia at the annual "Salute to Congress" hosted by the International Propeller Club, Garamendi called for a law requiring that American natural gas and crude oil be exported on U.S. ships

Congressman David G. Valadao (CA-21), a Member of the House Appropriations Committee, offered an amendment during Full Committee Markup, aimed at increasing water infrastructure throughout California.

A Grand Jury indictment was unsealed today charging a couple with human trafficking for allegedly importing three women from Indonesia to work in their Hancock Park home and other properties, the Los Angeles County District Attorney’s Office announced.

A Lancaster man was arraigned today for charges of crashing into a Lancaster home killing a 71-year-old woman who was in her bedroom, the Los Angeles County District Attorney’s Office announced.

Visual Text WASHINGTON, D.C. - April 8, 2015 - (RealEstateRama) -- Congressman Ted W. Lieu (D | Los Angeles) released the following statement in light...

TMC Financing today announced the owner of humangear, inc. and Pawgear, Inc. DBA Paww financed the purchase of a 6,725-square-foot iconic creative space at 636 Shrader Street in the Upper Haight area of San Francisco, with a 20-year, fixed-rate SBA 504 real estate loan. The nearly $5 million total project cost includes the purchase price and building renovations.

Hanley Investment Group, a nationally-recognized boutique real estate brokerage and advisory firm specializing in retail property sales, announced today that the company has negotiated the sale of two southern California shopping centers in separate transactions, totaling nearly $27 million. Both centers, Vineyard Plaza in Oxnard and Palmdale Promenade in Palmdale, demonstrate investors' continued appetite for well-located value-add opportunities.

NAI Capital’s Ryan Ramage and David Stassel, both with the Ontario office, represented the buyer, Alle Investments LLC, in the purchase of the Atrium Medical Center, a 43,589 SF medical office located at 23838 Valencia Blvd. in Valencia, CA from the seller, VPIP LLC. The outside brokerage was represented by Reality Executives Valencia and the value of the transaction was $16.3 Million

U.S. Rep. Mike Thompson (CA-5) today announced a $4,965,527 Head Start Grant for Community Action Partnership (CAP) of Sonoma County. The funding will be used to provide Head Start and Early Head Start services to 552 children and their families at 12 center based sites throughout Sonoma County.

Mayor Edwin M. Lee today announced the start of construction for the first two of five phases of the historic HOPESF rebuild of Alice Griffith public housing site in Bayview Hunters Point. Once completed, the re-envisioned Alice Griffith public housing site will be a mixed-income, service-enriched community, developed according to the principles of the Mayor’s HOPESF initiative

The City of Long Beach has received approval to implement its Long Range Property Management Plan (Plan) for the disposition and use of real property of the former Long Beach Redevelopment Agency (RDA). The Mayor, City Council, City staff, Oversight Board, and Successor Agency spent considerable time and energy creating and advocating for this hard fought milestone which will enable future investment and development opportunities in the City of Long Beach.

Rep. Peter DeFazio (D-OR), Ranking Member of the House Committee on Transportation and Infrastructure, and Rep. John Garamendi (D-CA), Ranking Member of the Subcommittee on Coast Guard and Maritime Transportation, blasted House Republican leadership for holding critical Coast Guard funding hostage to score political points. Funding for the Coast Guard will run out on Saturday, putting 41,000 active-duty military personnel in harm’s way without pay unless Speaker Boehner allows a clean vote on funding for the Department of Homeland Security (DHS)

WASHINGTON, D.C. - November 24, 2014 - (RealEstateRama) -- Two Northern California real estate investors have agreed to plead guilty for their role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California, the Department of Justice announced

WASHINGTON, D.C. - September 18, 2014 - (RealEstateRama) -- Today, Congressman Jerry McNerney (CA-09) introduced the Fast Help For Homeowners Act, to help speed up the short sale process and aid homeowners who may otherwise be facing foreclosure

WASHINGTON, D.C. - April 22, 2014 - (RealEstateRama) -- Mayor Edwin M. Lee and Board of Supervisors President David Chiu launched the Ellis Act Housing Preference Program (EAHP) for tenants who are evicted under the State Ellis Act. Displaced tenants will now be given preference for the City’s affordable housing programs

WASHINGTON, D.C. - April 18, 2014 - (RealEstateRama) -- “All residents in public housing deserve clean, safe and quality housing,” said Mayor Lee. “Our Re-Envisioning Plan for public housing in San Francisco paves the way for the preservation, rehabilitation and long-term affordability of thousands of existing units for very low-income people. But in the short term, we must make the critical repairs necessary to ensure elevators are reliable and do not disrupt the lives of our seniors and disabled public housing residents.”