Progressive Real Estate Partners and Hanley Investment Group announced today the for-sale listing of Thomas Winery Plaza, a 99,808-square-foot historic landmark shopping center for $28.6 million ($287 psf). The center is located at the northeast corner of Foothill Blvd. (Historic Route 66) and Vineyard Avenue in Rancho Cucamonga, Calif., and is the site of California's oldest winery established in 1839.

Congresswoman Loretta Sanchez (CA-46) commemorated National Infrastructure Week in a speech on the House floor this week. Rep. Sanchez’s entire floor speech can be viewed

Oceanwide Plaza, LLC officially launches “The Collection at Oceanwide Plaza” brand in downtown Los Angeles today, with the unveiling of its leasing website, CollectionAtOceanwide.com, for the development’s retail and restaurant complex currently under construction. Global real estate company Kennedy Wilson serves as the exclusive leasing agent for Oceanwide Plaza’s 153,000 square feet of retail, which is part of the $1 billion mixed-use project developed by Beijing-based Oceanwide Holdings Co Ltd. The leasing website debuts The Collection through a 3-D animated, fly-through video, offering new details of the project, which is scheduled for completion in 2018

While sales remained above the 400,000 benchmark level, California existing home sales fell from the previous year in April as tight housing inventory continues to impede the housing market, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. April marked the second worst start to a spring home-buying season since the housing recovery began in 2009.

Meridian, a full service real estate developer and owner of medical real estate, announced today that industry veteran Dan Rosenbaum has been hired as senior vice president. He will spearhead the development of the company’s new division focused on the acquisition of suburban general office value-add opportunities

The City of Sacramento is reducing drainage rates on commercial vacant parcels following a review of the drainage rate structure. The reduction will benefit 627 property owners of 1342 vacant parcels, saving them an estimated average of $956 per year. The City Council approved the revised rate structure on May 10.

WASHINGTON, D.C. - (RealEstateRama) — Congressman McClintock is the Chairman of the Federal Lands Subcommittee. The subcommittee held a legislative hearing on May 12,...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Bill Asher negotiated the sale of Glenwood Square, a 6,808-square-foot multi-tenant strip shopping center anchored by Starbucks in Kern County, Calif., for $3.2 million, representing a cap rate of 5.6% and $470 per square foot.

Rep. Jim Costa (CA-16) released the following statement in response to Rep. John Garamendi (CA-3) introducing the California Long-Term Provisions for Water Supply and Short-Term Provisions for Emergency Drought

Mayor Edwin M. Lee today announced the Department of Homelessness & Supportive Housing the City will launch on July 1st and appointed Hamilton Family Center Executive Director Jeff Kositsky to lead the new Department that will help homeless residents permanently exit the streets and move into housing and services. The Department of Homelessness and Supportive Housing will help achieve Mayor Lee’s goal to help at least 8,000 people out of homelessness forever through strategies that stabilize people’s lives through the City’s nationally recognized housing and support services and building a system that ends a person’s homelessness before it becomes chronic.

Mayor Edwin M. Lee today announced the Department of Homelessness & Supportive Housing the City will launch on July 1st and appointed Hamilton Family Center Executive Director Jeff Kositsky to lead the new Department that will help homeless residents permanently exit the streets and move into housing and services. The Department of Homelessness and Supportive Housing will help achieve Mayor Lee’s goal to help at least 8,000 people out of homelessness forever through strategies that stabilize people’s lives through the City’s nationally recognized housing and support services and building a system that ends a person’s homelessness before it becomes chronic.

Rep. Jim Costa (CA-16) released the following statement after the Bureau of Reclamation signed the Record of Decision (ROD) for the North Valley Regional Recycled Water Program (Program). The Program is a regional solution to address part of the continuing California water crisis. The Program will make tertiary-treated recycled water available to the drought-impacted west side of the San Joaquin Valley, south of the Delta.

Thirty-four percent of California households could afford to purchase the $465,280 median-priced home in the first quarter, up from 30 percent in fourth-quarter 2015 and unchanged from 34 percent in first-quarter 2015

President Ed Hanley and Executive Vice President Bill Asher of Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, reports that the firm is marketing for sale Stater Bros. Plaza in Chino, Calif., for $35 million, representing a rare offering of a grocery-anchored shopping center for sale in the Inland Empire

Michael Collins has joined global real estate investment firm Kennedy Wilson as executive managing director. In this newly created position, he is responsible for expanding the firm’s private client arena by focusing on private banks, family offices and Registered Investment Advisors (RIA) on a national basis. Collins will also serve on Kennedy Wilson’s Investment Committee

Four men were arraigned today for defrauding investors of over $1 million from investors for a project to build a miniature golf course, restaurant, and water park in San Clemente. Christopher Schlegel, 36, Rancho Santa Margarita, is charged with four felony counts of using an untrue statement in the purchase or sale of a security and one felony count of using a device with a scheme to defraud with sentencing enhancements for aggravated white collar crime over $100,000, aggravated white collar crime over $500,000, property damage or loss over $65,000, property loss over $200,000. If convicted, he faces a maximum sentence of 16 years in state prison. He is being held on $530,000 bail and must prove the money is from a legal and legitimate source before posting bond.

The Orange County District Attorney’s Office (OCDA) Office of the Public Administrator (PA) will showcase homes on social media that are up for auction in July. There will be nine houses up for auction located all throughout Orange County and pictures of each house will be posted on social media weekly. Two of the houses up for auction are from the Office of the Public Guardian. The auction is scheduled to take place on Saturday, July 9, 2016, at 11:00 a.m. in the Law Library of the OCDA, 401 Civic Center Drive West, Santa Ana