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Hanley Investment Group Sells Two Southern California Shopping Centers for $27 Million
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.
Lee & Associates Ontario Hires Retail Investment Specialist
The Ontario office of Lee & Associates, the largest broker-owned commercial real estate firm in the nation, has announced that Jonathan Selznick, a retail investment specialist who focuses on the acquisition and disposition of shopping centers in Southern California, has joined its office in Ontario
Kennedy Wilson Announces Pricing of Common Stock Offering
International real estate investment and services firm, Kennedy-Wilson Holdings, Inc. (NYSE: KW) (“Kennedy Wilson” or the “Company”) today announced the pricing of its underwritten public offering of 7,500,000 shares of its common stock at a public offering price of $25.55 per share. The offering is expected to close on March 27, 2015, subject to customary closing conditions. Kennedy Wilson has also granted the underwriter of the offering a 30-day option to purchase up to 1,125,000 additional shares of common stock
Rep. Lowenthal Bill Will Create Dedicated Revenue Source To Invest In Crumbling National Freight...
In an effort to strengthen America’s economic competitiveness, Congressman Alan Lowenthal (D-CA) has ntroduced bipartisanlegislation which will provide a dedicated revenue source to invest in rebuilding our nation’s crumbling freight infrastructure.
HUD Secretary Julián Castro stresses need for expanding credit and reforming housing finance system...
LOS ANGELES - November 25, 2014 - (RealEstateRama) -- An audience of nearly 300 real estate executives and practitioners, industry stakeholders, economists, and policymakers gathered this month in Los Angeles for the inaugural Real Estate Summit: Partnering for Change in California, which featured a keynote speech from U.S. Secretary of Housing and Urban Development Julián Castro. Convened by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.), Secretary Castro, along with other industry thought leaders, exchanged ideas and solutions about housing affordability, California’s infrastructure, consumer trends, and foreign investment challenges
Two Northern California Real Estate Investors Agree to Plead Guilty to Bid Rigging and...
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
Charles Dunn Company Completes $2 Million Sale of Multifamily Property in Santa Monica, CA
LOS ANGELES, Calif. - July 2, 2014 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the western United States, has completed the $2 million sale of a fully occupied eight-unit multifamily property located near Michigan Avenue at 1811 19th Street in Santa Monica, Calif
National Association of Counties (NACo) Awards 2014 Achievement Award to County of San Bernardino...
SAN BERNARDINO COUNTY, CA - June 17, 2014 - (RealEstateRama) -- The County of San Bernardino Economic Development Agency was awarded the 2014 Achievement Award in the category of Community/Economic Development by the National Association of Counties (NACo) for its State of the County Event. All told, the County of San Bernardino received 31 Achievement Awards from NACo this year for its innovative programs and services, including top honors for the Countywide Vision as well as the State of the County event, which promotes the Vision
Charles Dunn Company Completes Two West Hollywood Multifamily Property Sales
LOS ANGELES, Calif. - June 17, 2014 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the western United States, has completed two multifamily property sales totaling $4.7 million in West Hollywood. The sales include; a 10-unit property that sold for $3.3 million and is located near Fountain Ave. and W. La Brea Blvd. at 1220 N. Formosa Ave; and a five-unit property that sold for $1.4 million and is located just north of Santa Monica Blvd. at 1231-1235 N. Vista St
County of San Bernardino is Awarded “Public Partner of the Year” by NAIOP Inland...
Menifee, CA - February 4, 2014 - (RealEstateRama) -- The County of San Bernardino was recently awarded the honor of “2013 Public Partner of the Year” by NAIOP Inland Empire Chapter as part of its annual REXIE Awards (Real Estate Excellence Inland Empire) program.
BH Properties Opens 2014 With Over $200 Million in Financings
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.
Three Northern California Real Estate Investors Agree to Plead Guilty to Bid Rigging at...
WASHINGTON, D.C. - January 3, 2013 - (RealEstateRama) -- Three Northern California real estate investors have agreed to plead guilty for their roles in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California, the Department of Justice announced
Hanley Investment Group Sells Prime Retail in San Fernando Valley for $4.9 Million
IRVINE, CA - December 2, 2013 - (RealEstateRama) -- Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the western United States and a market leader in the sale of retail properties, announced today that Jonathan T. Selznick represented the buyer and seller in the sale of a 2-story multi-tenant retail center in Van Nuys, Calif. The purchase price was $4,900,000.
Hanley Investment Group Sells Central Orange County Retail Mixed-use Investment
IRVINE, CA - November 20, 2013 - (RealEstateRama) -- Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the western United States and a market leader in the sale of retail properties, announced today that Jonathan T. Selznick represented the seller in the sale of a mixed-use retail investment in Santa Ana, Calif. The purchase price was $935,000
Northern California Real Estate Investor Pleads Guilty to Bid Rigging at Public Foreclosure Auctions
WASHINGTON, D.C. - November 5, 2013 - (RealEstateRama) -- A Northern California real estate investor pleaded guilty today for his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California, the Department of Justice announced
Hanley Investment Group’s Urban Retail Division Sells Ground-Floor Retail Condominium in Downtown Los Angeles,...
IRVINE, CA - October 21, 2013 - (RealEstateRama) -- Hanley Investment (HI) Urban Retail Advisors, a division of Hanley Investment Group Real Estate Advisors, specializing in the sale and advisory of high profile mixed-use and urban retail properties in dynamic commercial districts across the United States, announced today that Carlos J. Lopez, President of HI Urban Retail Advisors represented the seller in the sale of the 4,539-square-foot ground-floor retail condominium of the 24-story, 311-unit luxury residential building, known as Evo, located in the heart of Downtown Los Angeles, Calif. The purchase price was $1,225,000.
Passco Companies To Transform The Promenade At Howard Hughes Center Into An Entertainment And...
LOS ANGELES, CA - September 12, 2013 - (RealEstateRama) -- Passco Companies, LLC., a privately held Calif.-based real estate company that specializes in the investment, acquisition, development and management of commercial properties throughout the U.S., has announced the repositioning of The Promenade at Howard Hughes Center into a comprehensive entertainment destination, according to Howard Wong, Director of Leasing at Passco Companies.
Mountain Real Estate Capital Enters Joint Venture with Lansdowne Development Group
Torrance, CA - September 9, 2013 - (RealEstateRama) -- Mountain Real Estate Capital (MREC) announces the closing of a new investment platform with Lansdowne Development Group. The new joint venture intends to acquire and develop $50-100 million of residential land in the Virginia and Washington D.C. metropolitan areas.
Northern California Real Estate Investor Agrees to Plead Guilty to Bid Rigging at Public...
WASHINGTON, D.C. - September 5, 2013 - (RealEstateRama) -- A Northern California real estate investor has agreed to plead guilty for his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California, the Department of Justice announced.
Hanley Investment Group Sells 122,000 SF of Retail for Over $20 Million in Riverside,...
IRVINE, CA - September 5, 2013 - (RealEstateRama) -- Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the western United States and a market leader in the sale of retail properties, announced today that the company negotiated the sale of more than 122,000 square feet of retail space in Riverside, Calif., totaling more than $20 million, with the sale of Michaels Plaza and Stater Bros. Plaza.