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City and county leaders join MidPen Housing to celebrate the groundbreaking for 6800 Mission, 52 rental apartments for families and retail space along the Mission Corridor. Daly City Mayor Raymond Buenaventura and San Mateo County Board of Supervisors President Carole Groom joined other city and county leaders to celebrate the groundbreaking of 6800 Mission, an affordable, workforce rental apartment community being developed by MidPen Housing.

A monthly online survey found majority of California REALTORS® expect better or similar market conditions over the next year. Similar sentiments were expressed in a confidence survey conducted among REALTORS® nationwide.

The CALIFORNIA ASSOCIATION OF REALTORS® is opposing a provision in the highway bill now being considered by the U.S. Senate that taxes home buyers by increasing the fees Fannie Mae and Freddie Mac charge on their loans. This provision would extend a tax on homeowners that Congress implemented in 2011, which C.A.R. opposed at the time.

With the Wragg Fire growing to more than 6,000 acres and impacting Napa and Solano counties, residents should listen to the warnings of local and state officials and seek safety if asked to evacuate. Once evacuated to a safe location, residents should save receipts for expenses and contact their insurance companies through their toll free claims telephone numbers as soon as possible to begin receiving assistance if their home is damaged, according to the Property Casualty Insurers Association of America (PCI)

The Orange County District Attorney’s Office (OCDA) is seeking potential additional victims of a woman charged with defrauding over $24,000 in cash and property from an elderly man. Polly Sandra John, 49, Anaheim, is charged with five felony counts of theft from an elder, two felony counts of attempted theft from an elder, three felony counts of grand theft auto, one felony count of grand theft, and sentencing enhancements for aggravated white collar crime over $100,000, and property damage loss over $65,000.

The CALIFORNIA ASSOCIATION OF REALTORS®(C.A.R.) applauds Governor Brown for signing into law AB 345, a C.A.R.-sponsored bill that earmarks three hours of a real estate broker's existing mandated continuing education (CE) for a course on the management and supervision of real estate licensed activity. Governor Brown signed the bill into law on Monday, July 13, and the bill becomes effective Jan. 1, 2016.

California pending home sales continued to gain steam in June, registering seven months of continued annual increases and the fifth consecutive month of double-digit increases, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today

Senior Vice President Lidia Talavera with NAI Capital arranged a 10-year lease to Chuze Fitness. The company based out of Carlsbad, CA will open its thirteenth location in California at Orchard Plaza, 9080 Foothill Blvd, in Rancho Cucamonga, Calif. Talavera, represented owner C-III Asset Management, LLC in the transaction.

Senior Vice President Marie Taylor with NAI Capital completed the sale of the Azusa Foothill Kennels property at 214 N. Aspan Ave. in the city of Azusa, Calif. Built in 1967, the 30,400 square foot site included 9,754 square feet of kennels and a 2,754 square foot single family residence with a 360 square foot garage

SR Commercial has acquired three industrial assets totaling 174,496 square feet in the San Diego market, including a multi-tenant industrial business park in Vista; an industrial flex/R&D property in Carlsbad; and two free-standing industrial buildings with yards. The firm plans a long-term hold for each asset, and has particularly unique plans for one of the recent acquisitions

In a market that is flooded with capital for large acquisitions, Rosano Partners, a firm that specializes in urban commercial real estate, is proving that multifamily lending has also re-emerged in niche, urban markets.

NAI Capital was instrumental in representing both the buyer and seller of 111 West Lemon Avenue in Monrovia, Calif. The seller BF Monrovia LLC, which originally built the property in 1989 for their company Barry’s Jewelers, sold to 111 Lemon Investors LLC a locally based investor for $9.6 million or $199 per square foot.

Reps. Jared Huffman (D-California) and Denny Heck (D-Washington) today introducednew legislation to help homeowners make investments in their homes and save money on their electricity and water bills. The Solar and Water-Efficient Homes Act would improve and modernize theTitle I Home and Property Improvement Loan Program, one of America’s oldest tools for assisting homeowners to remodel and upgrade their homes, and spur homeowners to invest in efficiency upgrades, greywater systems and other water-conserving improvements, photovoltaic panels, and new HVAC systems.

With an improving economy and job market over the past year, home buyers have started forming households again, and buyers who previously experienced a foreclosure or short sale are back in the housing market, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2015 Survey of California Home Buyers.”

AGC SD Retail Holdings, LLC, a joint venture of Newport Beach-based Citivest Commercial Investments, LLC and New York-based Angelo, Gordon & Company, has acquired a nine-property retail portfolio in San Diego for $183.25 million, according to Citivest President Larry Weese.

Alain Pinel Realtors (APR), California’s largest independent real estate broker, has promoted Rainy Hake to the office of Executive Vice President and Chief Operating Officer (COO), making her the youngest COO of the top residential real estate companies nationwide. Effective immediately, Rainy will oversee all of the day-to-day operations of the company, including managing the Marketing, Technology, and Training Departments, as well as leading the company’s strategic vision. Paul L. Hulme will remain President and CEO.

NAI Capital expands its presence in Southern California opening a new office at Sunset Business Park, 13911 Park Avenue, Victorville, Calif. CEO Tim Foutz announced he has hired Victorville market leaders Mehdi Mostaedi, Graeme Carr and Emelie Kwon to open the new office.

Todd Renfrew, broker and owner of California Outdoor Properties, represented both the buyer and seller in the sale of Greenwood Creek Ranch. The ranch is one of the few large Sierra Foothill ranches left in El Dorado County and with 553 acres of land, there is plenty of room to roam. Ranch style home, two large shops, hay barn, shop, caretaker residence, year round creek, pond, and six fenced pastures for livestock make it the perfect getaway.

Todd Renfrew, broker and owner of California Outdoor Properties, represented the both sides of the transaction in the sale of Alder Creek Ocean Ranch for $3,500,000. This 266 acre ranch is located in Mendocino County about 2.4 miles north of the town of Manchester, CA and 8 miles north of Pt. Arena, CA. The scenic drive through the redwoods and wine country takes about three hours from the San Francisco Bay Area.

deasy/penner & partners, the Southern California-based residential real estate firm, is pleased to announce the launch of plumBid, an accelerated online marketing and sales platform that utilizes a descending Dutch bidding methodology, rather than an ascending auction format to sell exceptional properties to a global audience—a potentially game-changing approach to the buying and selling of luxury homes