Yearly Archives: 2015

Victoria Gardens has announced that it will break ground on a full streetscape renovation encompassing 1.19 acres of the center along its Monet Avenue, according to Melina Ferraez, Director of Marketing for Victoria Gardens.

Today, Rep. Pete Aguilar (CA-31) hosted a roundtable discussion with veterans to discuss critical issues facing our veterans today, including health care, the VA backlog, housing, and unemployment. Local veterans, representatives from veterans’ organizations, and health care professionals participated in the roundtable held at the San Bernardino Veterans of Foreign Wars (VFW) Post 8737

Keep Your Home California announced today changes to help more low and moderate income homeowners, who are struggling with their monthly mortgage payments, remain in their homes as part of the free mortgage-assistance program

Mayor Eric Garcetti today launched a major, citywide water conservation outreach campaign – 'Save the Drop.' With the Mayor's executive directive on water conservation creating strong tools to reduce water use and address the drought, including a $3.75 per square foot rebate for lawn replacement, Mayor Garcetti is now taking the necessary next step to connect Angelenos with those tools through an unprecedented outreach effort

Sets targets and details actions in 14 categories  to improve city's environment, economy and equity in anticipation of 500,000 more Angelenos by 2035; achieves progress by 2017 on issues like water conservation, clean energy, waste, green jobs, transportation, and air quality

Congressman John Garamendi (D-Fairfield, CA), the former Deputy Secretary of the U.S. Department of the Interior, hosted a press conference in Davis to urge the implementation of stronger safety standards for hazardous material transported by rail, especially Bakken crude oil. Sensitive infrastructure and 16 million Americans are near these railroad shipment lines

Rep. Mark Takano (D-CA) released the following statement after the Department of Transportation announced that March Air Reserve Base in Riverside, CA has been awarded a $2.5 million grant for infrastructure improvements

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.

Unire Real Estate Group is proud to announce its management of the rehabilitation of a 228,000-square-foot industrial building in Torrance, Calif. on the highly visible intersection of South Vermont Avenue and Knox Street, near the 110 and 405-freeways. Under Unire Group’s management, contractor Norm Wilson and Sons will remove approximately 25,000 square feet of usable space off the rear of the building, creating an additional 12 dock doors from 20-32.

Liberty SBF, a full-service commercial real estate finance company, recently provided a $1.1MM first lien SBA 504 Loan from its own balance sheet for the acquisition of a 24-room, 33,330 square-foot, non-flagged hotel in Palm Springs, CA. Liberty SBF also provided an interim second lien loan so the borrowers could quickly close while waiting for the second lien that will be provided by a Long Beach, CA-based Certified Development Company (CDC).

Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided a $17 million Fannie Mae loan facility to refinance a multifamily property located in Fremont, California.

Lee & Associates-North San Diego County negotiated a $5.450 million sale and lease back of a 50,220-square-foot industrial building located at 495 Enterprise Street in San Marcos

Felony charges were filed today in the U.S. District Court of the Northern District of California in Oakland against Ramin Yeganeh of San Mateo, California.

“The current drought in California is devastating. Today’s order from the governor should not only alarm Californians, but the entire nation should take notice that the most productive agriculture state in the country has entered uncharted territory. We have experienced extreme drought conditions in years past but thanks to the most sophisticated water system in the country that captured and stored water during the wet years for use during the dry years, our communities and farmers survived

Intercontinental Real Estate Corporation (“Intercontinental”), a national real estate investment, development, and management firm headquartered in Boston, MA, and MG Properties Group (“MG”), a private San Diego-based real estate investor and operator, have announced their acquisition of the Madison Park Apartments in Anaheim, California. At 768 units, this is the largest single property by number of units to be purchased in Southern California since 2013. The price was not disclosed

The California Housing Finance Agency (CalHFA) today announced the Conduit Issuer Program, a new program that helps affordable housing developers access tax-exempt and taxable bond funds to aid in the preservation and development of affordable housing projects throughout California.

U.S. Congressman Scott Peters (CA-52) and U.S. Secretary of Labor Thomas Perez toured the Homeless Veteran Reintegration Program at People Assisting the Homeless (PATH) in Downtown San Diego

NAI Capital, a member of the world’s premier managed network of commercial real estate firms, announced today that J.C. Casillas has joined NAI Capital as director of research and public relations for NAI Capital’s 14 offices in the Los Angeles, Orange, San Bernardino, Riverside and Ventura Counties.

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.