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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.

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

The CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) today issued the following statement on a report titled, “California’s High Housing Costs: Causes and Consequences,” released this week by California’s Legislative Analyst’s Office

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

Slowing home price appreciation and improving inventory combined to boost California’s housing market in February as existing home sales and median home prices increased from both the previous month and year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

The City of Long Beach has received approval to implement its Long Range Property Management Plan (Plan) for the disposition and use of real property of the former Long Beach Redevelopment Agency (RDA). The Mayor, City Council, City staff, Oversight Board, and Successor Agency spent considerable time and energy creating and advocating for this hard fought milestone which will enable future investment and development opportunities in the City of Long Beach.

A 28-year-old pleaded not guilty to a charge that he killed a man outside of a South Los Angeles hamburger restaurant, the Los Angeles County District Attorney’s Office announced.

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

Pending home sales rose from December’s extreme lows and posted month-to-month and year-to-year increases in January, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

A 53-year-old Long Beach man pleaded no contest today to the attempted murder of a Long Beach city code enforcement inspector and then holding police at bay for hours in 2012, the Los Angeles County District Attorney’s Office announced

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

For the past year, CIRB has been tracking month-by-month photovoltaic (PV) installations and valuations across the state of California. 2014 numbers show the volume of solar permit issuance and city-level calculations of residential and commercial installations

California’s housing market started the new year still bearing the scars of 2014’s tight housing inventory and low housing affordability as statewide home sales fell from the previous month and year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today

Despite a slowing in the California housing market and appreciation of the U.S. dollar in 2014, international home-buying activity continued its momentum, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2014 International Home Buyers Survey.” The survey showed that one of six (14 percent) participating REALTORS® closed a transaction with an international client, unchanged from the previous year.

Senator Dianne Feinstein (D-Calif.) and Representative Doris Matsui (D-Calif.) today introduced the Fire-Damaged Home Rebuilding Act to ensure California homeowners who live in a flood plain could rebuild their homes in the event of a fire

LOS ANGELES - February 13, 2015 - (RealEstateRama) -- California housing affordability improved from third-quarter 2014 but dipped when compared to a year ago, as lower interest rates failed to offset higher home prices, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

LOS ANGELES - November 25, 2014 - (RealEstateRama) -- An audience of nearly 300 real estate executives and practitioners, industry stakeholders, economists, and policymakers gathered this month in Los Angeles for the inaugural Real Estate Summit: Partnering for Change in California, which featured a keynote speech from U.S. Secretary of Housing and Urban Development Julián Castro. Convened by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.), Secretary Castro, along with other industry thought leaders, exchanged ideas and solutions about housing affordability, California’s infrastructure, consumer trends, and foreign investment challenges

LOS ANGELES - November 25, 2014 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to the Federal Housing Finance Agency’s (FHFA) announcement to keep the 2015 maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac at $417,000 on one-unit properties in most areas and a cap of $625,500 in high-cost areas. Loan limits were increased in Monterey, Napa, San Diego, and Ventura counties:

LOS ANGELES - November 19, 2014 - (RealEstateRama) -- The lowest mortgage rates in 18 months failed to spark the California housing market in October as sales stayed flat and home prices increased at the slowest pace since early 2012, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

LOS ANGELES - November 6, 2014 - (RealEstateRama) -- U.S. Department of Housing and Urban Development Secretary Julián Castro will be the keynote speaker for “The Real Estate Summit: Partnering for Change in California,” a day-long conference hosted by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) and its partners from California’s top university-based real estate research centers. Held, Friday, Nov. 14, in Los Angeles, the invitation-only summit will examine the state’s biggest economic and real estate challenges, including infrastructure, foreign investment, consumer trends, housing finance, affordability, and the business environment.