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Three Renowned Orange County Brokerage Teams Joins DTZ

DTZ, a global leader in commercial real estate services, announced today three prominent Orange County brokers and their teams have joined the firm. Executive Managing Directors (QREA) Bob Thagard, John Griffin, John Harty will form the core of DTZ’s Orange County Project Leasing teams specializing on office and industrial markets.

Lee & Associates – North San Diego County’s Principal Randy Dalby Receives 2014 Costar...

Lee & Associates – North San Diego County is pleased to announce that Principal Randy Dalby has been named a 2014 CoStar Power Broker TM by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. This annual industry award recognizes distinguished professionals in commercial real estate brokerage by highlighting the achievements of the firms and individual brokers who closed the highest transaction volumes in commercial property sales or leases in 2014 within their respective markets

AMERICAN REALTY ADVISORS ACQUIRES STABILIZED RETAIL SHOPPING CENTER IN DUBLIN, CA FOR $51.1 MILLION

American Realty Advisors (American), an institutional real estate investment manager with approximately $6.7 billion in assets under management, has acquired the Dublin Place Shopping Center, a 283,506 square-foot retail shopping center in Dublin, California for $51.1 million

Pasadena, Calif., Resident Receives National Title Professional Designation

WASHINGTON, D.C. - April 20, 2015 - (RealEstateRama) -- Doug Bello, of Pasadena, Calif., has been awarded aNational Title Professional (NTP) designation from the American Land Title Association (ALTA), the national trade association of the land title insurance industry. Bello joins 46 other industry leaders from around the country who has earned the professional designation.

Hancock Park Couple Indicted for Human Trafficking

A Grand Jury indictment was unsealed today charging a couple with human trafficking for allegedly importing three women from Indonesia to work in their Hancock Park home and other properties, the Los Angeles County District Attorney’s Office announced.

REAL ESTATE BROKER AND TWO REAL ESTATE AGENTS CHARGED WITH GRAND THEFT IN LOAN...

SANTA ANA - April 16, 2015 - (RealEstateRama) -- A real estate broker and two real estate agents who worked together have been charged with grand theft in a loan modification scheme. The Orange County District Attorney’s Office (OCDA) is seeking the public’s help identifying potential additional victims in this case. Michael Pelimiano Soriano, 45, Irvine, Agustin Navarra Alayon, 52, Canoga Park, and Joseph Anthony Q. Oliva, 50, San Jose, are each charged with six felony counts of grand theft and one felony count of collecting a foreclosure consultant unlawful advance fee.

North San Diego County Completes $1.3 Million Retail Lease on Behalf of Dollar Tree

Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has completed a 120-month lease for a 8,720 square-foot retail  space located at 2707 North Bristol Street in Santa Ana, California.  The value of the lease is approximately $1,308,000

VICTORIA GARDENS BREAKS GROUND ON MODERN REDEVELOPMENT ENCOMPASSING 1.19 ACRES OF THE DESTINATION SHOPPING...

Victoria Gardens has announced that it will break ground on a full streetscape renovation encompassing 1.19 acres of the center along its Monet Avenue, according to Melina Ferraez, Director of Marketing for Victoria Gardens.

TMC Financing Provides SBA 504 Loan to San Francisco Design Firm

TMC Financing today announced the owner of humangear, inc. and Pawgear, Inc. DBA Paww financed the purchase of a 6,725-square-foot iconic creative space at 636 Shrader Street in the Upper Haight area of San Francisco, with a 20-year, fixed-rate SBA 504 real estate loan. The nearly $5 million total project cost includes the purchase price and building renovations.

UNIRE GROUP LEADS CONSTRUCTION PROJECT, INDICATIVE OF CRE INDUSTRY TREND

Unire Real Estate Group is proud to announce its management of the rehabilitation of a 228,000-square-foot industrial building in Torrance, Calif. on the highly visible intersection of South Vermont Avenue and Knox Street, near the 110 and 405-freeways. Under Unire Group’s management, contractor Norm Wilson and Sons will remove approximately 25,000 square feet of usable space off the rear of the building, creating an additional 12 dock doors from 20-32.

Liberty SBF Closes On $1.1MM SBA 504 Loan For a Hotel Acquisition in Palm...

Liberty SBF, a full-service commercial real estate finance company, recently provided a $1.1MM first lien SBA 504 Loan from its own balance sheet for the acquisition of a 24-room, 33,330 square-foot, non-flagged hotel in Palm Springs, CA. Liberty SBF also provided an interim second lien loan so the borrowers could quickly close while waiting for the second lien that will be provided by a Long Beach, CA-based Certified Development Company (CDC).

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.

2nd Installment of Taxes to become delinquent

Amador County Treasurer-Tax Collector Michael E. Ryan is reminding property owners that they have until Friday, April 10, 2015 at 5 p.m., to make the second installment payment of their annual secured property taxes for the 2014-15 fiscal year. This deadline should not be confused with the Income Tax deadline which is several days later

Average Energy Prices, Los Angeles-Riverside-Orange County, February 2015

Gasoline prices averaged $2.867 a gallon in the Los Angeles-Riverside-Orange County area in February 2015, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Richard J. Holden noted that area gasoline prices were down 94.5 cents compared to last February when they averaged $3.812 per gallon. Los Angeles area households paid an average of 21.6 cents per kilowatt hour (kWh) of electricity in February 2015, similar to the 21.5 cents per kWh in February 2014.

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

Popular Government & Nonprofit Press Releases

Recent Government & Nonprofit Press Releases

Napolitano’s Statement on Trump Administration’s Attack on Clean Water

Rep. Grace F. Napolitano (D-El Monte), issued the following statement after the Trump administration announced a new proposal—claiming it to be pro-industry—which would weaken federal clean water rules, putting at risk the health and safety of millions of Americans