RealEstateRama Authors Posts by The Hoyt Organization
In a move that further revolutionizes its online real estate selling experience, Auction.com, LLC, the nation’s leading online real estate marketplace, today announces the launch of its Commercial Real Estate Seller Dashboard, a new tool created specifically to provide added intelligence and simplify the user experience for Auction.com customers.
The University of Southern California Sol Price School of Public Policy has launched a new Bachelor of Science in Real Estate Development degree, offering students the most comprehensive undergraduate real estate curriculum in the country
A Spanish-inspired live/work space has officially arrived with the announcement of “El Jardin,” a new building located in the historic Presidio neighborhood in downtown Santa Barbara. The four-story development at 819 Garden Street, which is co-listed by Sotheby’s International Realty and Hayes Commercial Group, is designed for the business owner or CEO seeking a professional office space and a private home all in one place
HGA Architects and Engineers (HGA), an integrated architecture, engineering and planning firm, announced today that renowned design leader, John Frane, has joined the firm as an associate vice president and principal in the Los Angeles office. As a design principal, Frane will continue his pursuit of high design work, combining his arts and culture-based experience with HGA’s extensive national resume of work in this arena.
Dekel Capital Arranges $50 Million Financing for Development of 331-Unit Multifamily Property in Salt...
Dekel Capital, a Los Angeles-based real estate merchant bank that specializes in sourcing and placing equity and debt for active middle market commercial real estate developers and investors, has placed $50 million in financing for the construction and development of the Pinnacle Sandy Apartments in the southeast corridor of the Salt Lake City metropolitan area. The deal was structured as a $36.1 million construction loan through Dekel Capital’s advisory practice and $13.9 million JV-Equity funded by the firm’s proprietary equity fund, Dekel Strategic Investors (DSI)
Released monthly with rolling three-month data, the Sotheby’s International Realty Greater Los Angeles Market Report is a comprehensive analysis of real estate market activity in the area across the top 33 markets to keep audiences up-to-date on trends at the macro and micro level for single-family homes and condominiums
Global real estate investment and services firm Kennedy Wilson today announced its representation of the seller in the sale of a 1.2-acre school campus, located at 1200 N. Cahuenga Blvd. in Los Angeles. The buyer was Stratford School, an 18-campus, WASC-accredited private school based in Silicon Valley. Stratford School offers classes for students from preschool through middle school, and plans to open the Los Angeles area location in August 2016.
BH Properties, LLC, a Los Angeles-based firm that specializes in acquiring and repositioning challenged or distressed commercial real estate properties, closed more than $120 million in acquisitions during the second quarter of 2015. These transactions added 2.97 million square feet of industrial, office, retail, multifamily and RV Parks to the firm’s portfolio. The properties were located in nine states, including Arizona, California, Colorado, Georgia, Iowa, Maine, Tennessee, Texas and Utah.
LOS ANGELES - March 25, 2014 - (RealEstateRama) -- Global real estate investment and services company Kennedy Wilson has announced the opening of OAK NYC, a subsidiary of American Apparel, in downtown Los Angeles. Kennedy Wilson brokered the landmark deal for the cutting-edge retail tenant, which signed a five-year lease at The Sparkle Factory, a seven-story retail and creative space that serves as the international headquarters for Tarina Tarantino’s world renowned jewelry line
MONTEBELLO, Calif. - March 18, 2014 - (RealEstateRama) -- Lee & Associates, the largest broker-owned commercial real estate firm in the country, has brokered a $7.5 million industrial sale in Montebello, Calif.
GARDENA, Calif. - March 13, 2014 - (RealEstateRama) -- The Los Angeles-Long Beach office of Lee & Associates, the largest broker-owned commercial real estate firm in the country, has negotiated the $6 million sale of a 40,000-square-foot industrial building, situated on 196,216 square feet of land, located at 14611 S. Broadway St. in Gardena, Calif.
CARSON, Calif. - March 11, 2014 - (RealEstateRama) -- Lee & Associates, the largest broker-owned commercial real estate firm in the country, has completed the $14.2 million sale of a 10 acre industrial land parcel, located at 21038 Wilmington Ave. in Carson, Calif
SAN DIMAS, Calif. - March 11, 2014 - (RealEstateRama) -- Lee & Associates, the largest broker-owned commercial real estate firm in the country, has negotiated the sale of a 32,498-square-foot industrial property at 541-545 Terrace Drive in San Dimas, Calif
LOS ANGELES, CA - March 4, 2014 - (RealEstateRama) -- BH Properties, in a move consistent with its renewed Southwest strategy, has acquired its fourth retail property in Arizona, adding to its expanding portfolio. The Los Angeles based firm, which specializes in purchasing challenged and distressed real estate properties quickly, has purchased Ross Plaza, located in the bustling submarket of North Phoenix, for $3 million
LOS ANGELES - February 27, 2014 - (RealEstateRama) -- Pircher, Nichols & Meeks, a national real estate law firm with offices in Los Angeles and Chicago, announced that Douglas Merkel has joined the firm as an associate in the Los Angeles office. Merkel’s background includes a variety of political and legal projects, ranging from health care law to federal policy.
LONG BEACH, Calif. - February 21, 2014 - (RealEstateRama) -- Brandon Carrillo and Trauger Ralston, principals in the Lee & Associates Los Angeles – Long Beach office, have been announced as the newest company shareholders for the broker-owned commercial real estate firm.
OAKLAND, Calif. - February 20, 2014 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker-owned commercial real estate firm, is pleased to announce that Lee & Associates-Oakland has completed the sale and purchase of a 51,162-square-foot facility on 9.26 acres at 48490 Milmont Drive in Fremont, Calif
LOS ANGELES - February 11, 2014 - (RealEstateRama) -- BH Properties, a Los Angeles based firm that specializes in repositioning real estate and resolving difficult transactions quickly and effectively, has added a trophy Class A retail center to its Arizona portfolio as the firm ramps up its Southwest strategy for 2014. Gilbert Town Center, a 159,000-square-foot retail shopping center that was purchased for $13.4 million in late December, is located within the highly affluent Phoenix submarket of Gilbert, Ariz. In 2006, the center was sold to a TIC Buyer for $34.7million
LOS ANGELES - January 31, 2014 - (RealEstateRama) -- BH Properties, after reporting a banner performance for 2013, has announced that it has secured a combined $236.7 million in financing with two institutions. The Los Angeles-based company, which specializes in repositioning real estate and resolving difficult transactions quickly and effectively, secured the loans from Wells Fargo ($135 million), U.S. Bank ($60 million) and a CMBS loan, also through Wells Fargo ($36.7 million). These financings were based on closings on multiple properties in the firm’s portfolio.
WASHINGTON, D.C. - January 29, 2014 - (RealEstateRama) -- Heatwurx, Inc. (OTCQB:HUWX), an eco-friendly asphalt preservation and repair equipment company, and its wholly-owned subsidiary, Dr. Pave, a company that provides high-tech, low-cost pavement repair, have worked with the City of Redlands to put the finishing touches on a water-system upgrade.