Mayor Eric Garcetti today convened a roundtable discussion with U.S. Secretary of Housing and Urban Development Julián Castro on creating new housing opportunities for homeless Angelenos.

A 46-year-old man was sentenced today to more than eight years in state prison for using fraudulent cashier checks at auctions to buy property, the Los Angeles County District Attorney’s Office announced.

Congressman Scott Peters (CA-52) gathered local leaders to announce how San Diego’s homeless service providers and elected leaders are working together to make the best case for San Diego to get more of its fair share of federal homelessness resources. After a breakthrough announced by Congressman Peters last month, the Department of Housing and Urban Development (HUD) is seeking feedback on four options to replace an existing, outdated formula that is used to distribute homelessness resources and has disadvantaged San Diego.

Lower interest rates failed to offset strong seasonal price increases, making it harder for Californians to purchase a home in the second quarter of 2016, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

To provide more efficient and sustainable transit options in San Diego, Mayor Kevin L. Faulconer, Civic San Diego and the Downtown San Diego Partnership announced the launch of the new “Free Ride Everywhere Downtown” or “FRED” circulator program

Nearly $2.5 million in federal funding was awarded to Santa Clara Valley Transit Authority (VTA) to purchase electric zero-emissions buses and related infrastructure. The federal grant was announced today by U.S. Reps. Mike Honda (D-Silicon Valley), Anna G. Eshoo (D-Palo Alto) and Zoe Lofgren (D-San Jose)

A major redevelopment project, which will completely transform Rancho Los Amigos National Rehabilitation Center’s south campus in Downey, moved closer to fruition today with the Board of Supervisors’ unanimous vote to approve initial funding. Plans for Rancho South Campus include new County facilities and a community sports complex with multiple playing fields, nighttime lighting, restrooms, a concession stand, an equipment storage room and parking for the community. A proposed Metro transit station would make the campus and new facilities regionally accessible to all County residents and employees

its bold new announcement of a cross government partnership, the “Clean Energy Savings for All Americans Initiative,” which includes an expansion of Property Assessed Clean Energy (PACE) programs. This administrative action comes after Reps. Huffman and Thompson urged the Department of Veterans Affairs to enable veterans to receive VA-secured home loans to take advantage of PACE programs.

Global real estate investment company Kennedy Wilson represented both the buyer and seller in the $16 million sale of a prime, mixed-use complex located at the corner of 11th Street and Wilshire Boulevard in the heart of Santa Monica. The approximately 23,500-square foot, retail and multifamily property was purchased by 11th and Wilshire, LLC. The seller was Paragon Properties.

The Consumer Financial Protection Bureau released its finalmortgage servicing rule today, with stronger protections to prevent unnecessary foreclosures on successors-in-interest, more commonly known as “widow foreclosures.”

Oak Grove Apartments Opens in Hitachi Master-planned Community SAN JOSE, Calif. - (RealEstateRama) -- ROEM Corporation announced today the opening of...

The California Public Utilities Commission, California Energy Commission, and the New Buildings Institute (NBI) today announced that California continues the march toward its zero net energy (ZNE) goals, with 108 new and renovated commercial buildings that have been either verified as generating as much energy as they consume or are working toward that target.

City’s Two-Year Budget Invests in Residents to Ensure San Francisco Remains a Safe, Resilient City with Additional Services to Address Homelessness, Quality of Life, Police Reforms, Violence Prevention & Public Safety While Preserving High Level of City Services

Mayor Edwin M. Lee today signed the City’s two-year balanced budget for Fiscal Years 2016-17 and 2017-18. To deliver this two-year consensus budget proposal, Mayor Lee worked with the Board of Supervisors and heard directly from residents and community leaders throughout the City, by meeting with residents, nonprofit organizations, City Commissioners, labor, business owners, and advocates to discuss priorities and address concerns including homelessness, quality of life, police reform, violence prevention and public safety.

With plans to grow to 50 agents this year, the emerging real estate firm is built on a foundation of collaboration and client experience. Mercer Vine, a new leader in Southern California luxury real estate, has formally launched its brand by listing 10 properties in some of Los Angeles’ most exclusive neighborhoods. The properties, many of which are undergoing extensive high-end upgrades, have an estimated post-renovation value of $260 million

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the sale of a 9,167-square-foot multi-tenant retail pad building, which is part of a neighborhood shopping center anchored by Smart & Final Extra! in Upland, Calif. The sale price of $3.9 million, with a cap rate of 5.48%, represented a record low cap rate for a multi-tenant pad over $3.5 million in the trade area

Democratic Leader Nancy Pelosi released the following statement after the Obama Administration announced that the number of veterans experiencing homelessness in the United States has been cut nearly in half since 2010

Senator Dianne Feinstein (D-Calif.) today announced the U.S. Department of Transportation has awarded four California projects with grants from its Transportation Investment Generating Economic Recovery (TIGER) program.