CITY RELEASES THIS YEAR’S LIST OF PEOPLE OR ORGANIZATIONS OWED MONEY FROM THE CITY
Property owners will have 60 days from the date of the first publication to submit a valid claim. The deadline to submit a valid claim is June 30, 2016. Valid claims will require proof of ownership. The City expects the claims administration process will take several months. At the end of this process, any unclaimed property will become the property of the City of Sacramento.
CONGRESSMAN BECERRA ANNOUNCES $1.7 MILLION IN HUD GRANTS FOR HOMELESS PROGRAMS IN LOS ANGELES
Congressman Xavier Becerra (CA-34), Chairman of the House Democratic Caucus and representative for Downtown Los Angeles, announced that the U.S. Department of Housing and Urban Development (HUD) awarded $1.7 millionin federal grants to local homeless programs that serve the 34th Congressional District.
MAYOR GARCETTI ON RELEASE OF LAHSA HOMELESS COUNT FIGURES
The results of LAHSA's Homeless Count show that when we target our resources to help specific populations — such as homeless families and veterans — we get results and save lives. As a City, we housed nearly 10,000 people in 2015 alone, including 2,668 veterans and 2,846 chronically homeless people — more than any other city in the country. These figures prove that our strategic efforts are working
Mayor Lee Invests In Seawall To Protect City
Mayor Edwin M. Lee today announced the investment of $8 million over the next two years to initiate City efforts to fortify San Francisco’s Seawall. The end result will be a Seawall that is more resilient and prepared to protect an area that stretches from Fisherman’s Wharf and Telegraph Hill to South Beach and Mission Creek against the dual threats of earthquake and sea level rise.
Hanley Investment Group Negotiates Sale of 149,000 SF Grocery/Drug Anchored Shopping Center in Santa...
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that President Ed Hanley and Senior Vice President Kevin Fryman represented the seller in the sale of Bouquet Center in Santa Clarita, a 95% occupied, 148,903-square-foot grocery-anchored shopping center located in the Los Angeles metro area.
KTGY-Designed Boutique Hotel Mixed-Use Development Moves Forward in Downtown Morgan Hill
International award-winning firm KTGY Architecture + Planning is pleased to announce that the Granada Hotel, a new four-story, contemporary-style boutique hotel with 60 guest rooms situated in the heart of downtown Morgan Hill, Calif., was unanimously approved by the city’s planning commission on Tuesday, April 26, 2016. The project now moves on to the city council for final approval.
Royce Discusses Housing Finance Reform at Milken Conference
U.S. Representative Ed Royce (R-Calif.) participated in a panel discussion entitled "How To Restart the Private Market for Mortgage Credit" during the Milken Institute Global Conference.
Owner of California Company That Offered Mortgage Assistance Pleads Guilty to False Advertising Charges
Deirdre M. Daly, United States Attorney for the District of Connecticut, announced that JOHN VESCERA, 60, of Dana Point, Calif., waived his right to indictment and pleaded guilty today before Chief U.S. District Judge Janet C. Hall in New Haven to false advertising and misusing a government seal in connection with the provision of mortgage modification services.
Three New Poke Restaurant Concepts Enter Los Angeles Market
Global real estate investment and services firm Kennedy Wilson today announced the completion of three leases for three fast casual poke restaurants: Hoke Poke, OkiPoki and Honeyfish Poke. Two of the eateries are in downtown Los Angeles; the third is in Northridge. <
Hanley Investment Group Arranges Sale of Single-Tenant NNN Del Taco in Los Angeles for...
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, completed the sale of a single-tenant absolute net-leased Del Taco property located at 2060 S. La Cienega Boulevard in Los Angeles, Calif. The purchase price was $2.5 million or $1,386 per square foot. The property sold at a cap rate of 3
Mayor Lee Proposes Balanced May 1st Budget
Mayor Edwin M. Lee today presented his proposed May 1st budget for the City’s four enterprise Departments (the Airport, Municipal Transportation Agency, Port, and Public Utilities Commission) as well as eight self-funded departments (Board of Appeals, Building Inspection, Child Support Services, Environment, Law Library, Library, Rent Arbitration Board, and Retirement System), as well as support for the San Francisco Unified School District, totaling $6.8 billion over Fiscal Years 2016-17 and 2017-18
BRIDGE Housing and The John Stewart Co. Selected to Develop 88 Broadway in San...
BRIDGE Housing and The John Stewart Company (JSCo) have been selected through the City’s competitive Request for Proposals process to develop 182 apartments for low- to middle-income residents at 88 Broadway.
California REALTORS® vote to support $1.3 billion affordable housing proposal
The Board of Directors of the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) voted last Friday to support a $1.3 billion proposal by California Assembly members to create affordable housing programs
Much Needed Affordable Housing for Seniors Breaks Ground in Santa Cruz
On April 28th Santa Cruz County Supervisor John Leopold and Reverend James Lapp of St. Stephen’s Lutheran Church joined other county leaders to celebrate the groundbreaking of St. Stephens Senior Housing, an affordable rental community being developed by MidPen Housing in partnership with St. Steven’s Lutheran Church. The ceremony begins at 12:00 p.m. at 2500 Soquel Avenue in Santa Cruz
REALTORS® Call on Legislators’ Support on Legislative Day, while Legislators Express Concern over Housing...
Washington, D.C. - (RealEstateRama) -- About 50 SILVAR members joined over 2,000 California REALTORS® in Sacramento on Wednesday for the annual California Association of...
New Data Reveals: CIT Group’s Financial Freedom is Responsible for Nearly 40% of HECM...
Earlier today, the California Reinvestment Coalition called on the Department of Housing and Urban Development (HUD) to impose a moratorium on any additional reverse mortgage foreclosures by CIT Group and its subsidiary, Financial Freedom. The call for a moratorium is based in part on new data (see fact sheet here) that CRC obtained from HUD, indicating that Financial Freedom/CIT Group’s share of reverse mortgage foreclosures (39%) since April 2009 is more than two times greater than the company’s estimated market share (17%).
Mayor Lee Announces HIV/AIDS Funding in City’s Budget
Mayor Edwin M. Lee today announced backfilling Federal cuts to maintain the City’s current funding levels for HIV/AIDS prevention and health services to protect essential services to the City’s most vulnerable. The funding will maintain primary care services and critical support services for San Franciscans living with HIV/AIDS, including hospice, treatment adherence, case management and housing.
Hanley Investment Group Negotiates Sale of Trophy Solana Beach Retail Center
Hanley Investment Group, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Eric Wohl completed the sale of the Gateway @ Cedros, a rare trophy coastal retail center in Solana Beach, Calif. The sale price was $6.725 million, representing $837 per square foot.
Royce Pushes for Private Flood Insurance Coverage
U.S. Representative Ed Royce (R-Calif.) made remarks on the floor of the House of Representatives in support of H.R. 2901, the Flood Insurance Market Parity and Modernization Act
Los Angeles Harbor College Science Complex Wins SCUP Excellence in Architecture Honor Award
Opened in August 2013, the 73,767-square-foot, LEED® Platinum Science Complex offers optimal learning environments for the Physical Sciences, Life Sciences and Family & Consumer Studies programs while integrating sustainable technology that sets new benchmarks for energy efficiency.



