Archives
Hunt Mortgage Group Refinances a Multifamily Property Located in Fremont, California
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 Negotiates the Sale and Lease Back of Industrial Building in San...
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
Intercontinental Real Estate Corporation and MG Properties Group Complete Largest Multifamily Acquisition in...
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
J.C. Casillas Joins NAI Capital as Director of Research and Public Relations
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 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.
Hunt Mortgage Group Provides a Bridge Loan for the Acquisition of a Multifamily Property...
Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided a $5.904 million portfolio bridge loan to finance the acquisition of a Patio Village Apartments.
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
NAI Capital Represents Buyer and Seller in Sale of 153,984 SF Distribution Building in...
The Industrial Brokerage Team of David Young, SIOR and Chad Gahr, SIOR both Senior Vice Presidents with NAI Capital’s Encino office represented the Seller “9401 De Soto LLC”, and the Buyer “Rexford Industrial Realty, L.P.” in the sale of an 153,984 square foot distribution building located at 9401 De Soto Avenue, Chatsworth, CA. The building was the former corporate headquarters, manufacturing and distribution center for Topco Sales.
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
NAI Capital Represents Buyer in Purchase of the 43,589 SF Atrium Medical Center in...
NAI Capital’s Ryan Ramage and David Stassel, both with the Ontario office, represented the buyer, Alle Investments LLC, in the purchase of the Atrium Medical Center, a 43,589 SF medical office located at 23838 Valencia Blvd. in Valencia, CA from the seller, VPIP LLC. The outside brokerage was represented by Reality Executives Valencia and the value of the transaction was $16.3 Million
Unire Real Estate Group, inc. celebrates 15 year anniversary
Unire Real Estate Group is proud to announce it celebrates 15 years in business this year, marking what founder and president Mark Harryman thinks will be its most successful year yet. With a team of dedicated colleagues, Unire Group has grown from managing 1-million square feet in 2000 to more than 35-million square feet in the beginning of 2015, adding more than six million square feet to its portfolio last year
AMERICAN REALTY ADVISORS ACQUIRES 175,000 SQUARE-FOOT MULTI-TENANT INDUSTRIAL WAREHOUSE IN SANTA FE...
American Realty Advisors, an institutional real estate investment manager with more than $6 billion in assets under management, has acquired the Shoemaker Distribution Center, a 175,000 square-foot Class A industrial warehouse in Santa Fe Springs, California
Professional Community Association Managers Are Champions for HOA Success
LAGUNA HILLS, CALIF. - August 19, 2014 - (RealEstateRama) -- California Association of Community Managers (CACM), the state’s leading community association management education organization, today launched the second phase of its Community Champions awareness campaign
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
Kennedy Wilson Announces Opening of OAK NYC At The Sparkle Factory
LOS ANGELES - March 25, 2014 - (RealEstateRama) -- Global real estate investment and services company Kennedy Wilson has announced the opening of OAK NYC, a subsidiary of American Apparel, in downtown Los Angeles. Kennedy Wilson brokered the landmark deal for the cutting-edge retail tenant, which signed a five-year lease at The Sparkle Factory, a seven-story retail and creative space that serves as the international headquarters for Tarina Tarantino’s world renowned jewelry line
Lee & Associates Brokers $7.5 Million Industrial Sale in Montebello
MONTEBELLO, Calif. - March 18, 2014 - (RealEstateRama) -- Lee & Associates, the largest broker-owned commercial real estate firm in the country, has brokered a $7.5 million industrial sale in Montebello, Calif.
Lee & Associates Negotiates $6 Million Industrial Sale in Gardena
GARDENA, Calif. - March 13, 2014 - (RealEstateRama) -- The Los Angeles-Long Beach office of Lee & Associates, the largest broker-owned commercial real estate firm in the country, has negotiated the $6 million sale of a 40,000-square-foot industrial building, situated on 196,216 square feet of land, located at 14611 S. Broadway St. in Gardena, Calif.
Southern California February Home Sales Lowest Since 2008
La Jolla, CA - March 12, 2014 - (RealEstateRama) -- Southland home sales dropped to the lowest level for a February in six years as many would-be buyers struggled with inventory constraints, credit hurdles and reduced affordability. The median price paid for a home edged up slightly from January and remained nearly 20 percent higher than a year earlier, a real estate information service reported.