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LOS ANGELES - March 5, 2014 - (RealEstateRama) -- With the statewide housing inventory slowly improving, California pending home sales picked up steam in January and reversed a two-month decline, but pending sales were still down from a year ago, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

LOS ANGELES, CA - March 4, 2014 - (RealEstateRama) -- BH Properties, in a move consistent with its renewed Southwest strategy, has acquired its fourth retail property in Arizona, adding to its expanding portfolio. The Los Angeles based firm, which specializes in purchasing challenged and distressed real estate properties quickly, has purchased Ross Plaza, located in the bustling submarket of North Phoenix, for $3 million

LOS ANGELES - February 27, 2014 - (RealEstateRama) -- Pircher, Nichols & Meeks, a national real estate law firm with offices in Los Angeles and Chicago, announced that Douglas Merkel has joined the firm as an associate in the Los Angeles office. Merkel’s background includes a variety of political and legal projects, ranging from health care law to federal policy.

LONG BEACH, Calif. - February 21, 2014 - (RealEstateRama) -- Brandon Carrillo and Trauger Ralston, principals in the Lee & Associates Los Angeles – Long Beach office, have been announced as the newest company shareholders for the broker-owned commercial real estate firm.

OAKLAND, Calif. - February 20, 2014 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker-owned commercial real estate firm, is pleased to announce that Lee & Associates-Oakland has completed the sale and purchase of a 51,162-square-foot facility on 9.26 acres at 48490 Milmont Drive in Fremont, Calif

LOS ANGELES - February 19, 2014 - (RealEstateRama) -- A limited supply of available homes for sale continued to hamper California housing sales, which were essentially flat in January, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported.

LOS ANGELES - February 13, 2014 - (RealEstateRama) -- As home price gains eased back toward the end of 2013, California’s housing affordability held steady in the fourth quarter of 2013, following six consecutive quarters of declines, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported.

WASHINGTON, D.C. - February 12, 2014 - (RealEstateRama) -- Almost six months after Rep. Adam Schiff (D-Burbank) and other Los Angeles area lawmakers, including Senators Dianne Feinstein (D-CA) and Barbara Boxer (D-CA), sent a letter asking for a timeline to the Federal Aviation Administration (FAA)’s Los Angeles Helicopter Noise Initiative, the agency finally responded to the Los Angeles lawmakers (letter can be found here). This comes on the heels of legislation passed last month requiring the FAA to act within the year to reduce helicopter noise through voluntary measures, or be forced to put in place regulations to reduce it.

LOS ANGELES - February 11, 2014 - (RealEstateRama) -- BH Properties, a Los Angeles based firm that specializes in repositioning real estate and resolving difficult transactions quickly and effectively, has added a trophy Class A retail center to its Arizona portfolio as the firm ramps up its Southwest strategy for 2014. Gilbert Town Center, a 159,000-square-foot retail shopping center that was purchased for $13.4 million in late December, is located within the highly affluent Phoenix submarket of Gilbert, Ariz. In 2006, the center was sold to a TIC Buyer for $34.7million

Menifee, CA - February 4, 2014 - (RealEstateRama) -- Mary Jane Olhasso, Assistant Executive Officer of Finance and Administration with the County of San Bernardino, has been recognized for completing the professional development criteria for the SLCR, Senior Leader of Corporate Real Estate Certificate. The CoreNet Global SLCR professional designation is part of a comprehensive career development program for the corporate real estate industry. Twenty-three individuals were honored this year with the SLCR certificate.

Menifee, CA - February 4, 2014 - (RealEstateRama) -- The County of San Bernardino was recently awarded the honor of “2013 Public Partner of the Year” by NAIOP Inland Empire Chapter as part of its annual REXIE Awards (Real Estate Excellence Inland Empire) program.

Costa Mesa, CA - February 3, 2014 - (RealEstateRama) -- NAIOP SoCal, the leading organization for developers, owners and investors of office, industrial, retail and mixed-use real estate, announced its 2014 Executive Committee and Board of Directors. The 40-person board includes representatives from a diverse array of the commercial real estate industry’s most successful companies

San Bernardino, CA - February 3, 2014 - (RealEstateRama) -- On February 26, 2014, more than 1,000 business professionals will be at the County of San Bernardino’s annual State of the County. The event is designed to provide information about the ways in which the County, residents, businesses and agencies are bringing innovation and resources together to further the Countywide Vision.

LOS ANGELES - January 31, 2014 - (RealEstateRama) -- BH Properties, after reporting a banner performance for 2013, has announced that it has secured a combined $236.7 million in financing with two institutions. The Los Angeles-based company, which specializes in repositioning real estate and resolving difficult transactions quickly and effectively, secured the loans from Wells Fargo ($135 million), U.S. Bank ($60 million) and a CMBS loan, also through Wells Fargo ($36.7 million). These financings were based on closings on multiple properties in the firm’s portfolio.

VISTA, Calif. - January 27, 2014 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker-owned commercial real estate services firm in the country, was recently selected as exclusive agent to market the disposition and leasing of an initial 21 properties in Vista, Calif. Rusty Williams, SIOR, Isaac Little and Marko Dragovic, all principals with Lee’s North San Diego office, along with Chris Roth, an associate in the same office, will manage the portfolio.

OAKLAND, Calif. - January 27, 2014 - (RealEstateRama) -- The Oakland office of Lee & Associates, the nation’s largest broker-owned commercial real estate firm, has released its fourth quarter 2013 Industrial Market Summary for the Interstate 880 corridor.

LOS ANGELES, CA - January 24, 2014 - (RealEstateRama) -- A perfect storm of a shortage of available homes for sale, rising interest rates, and higher home prices kept prospective home buyers on the sidelines in December, pushing California pending home sales lower for the second straight month. Meanwhile, equity sales continue to make up more than four of every five home sales

ONTARIO, Calif. - January 23, 2014 - (RealEstateRama) -- The Ontario office of Lee & Associates, the nation’s largest broker-owned commercial real estate firm, has released its fourth quarter 2013 Industrial Market Summary for the Inland Empire.

LOS OLIVOS, Calif. - January 22, 2014 - (RealEstateRama) -- Lee & Associates, the largest broker-owned commercial real estate firm in the country, has announced that Allen Segal, senior associate in the Los Olivos office, ended 2013 with a bang, closing upwards of $21 million in commercial transactions along the California coast

La Jolla, CA. - January 21, 2014 - (RealEstateRama) -- The number of California homeowners pulled into the formal foreclosure process dropped to an eight-year low last quarter, the result of an improving economy, foreclosure prevention efforts and higher home prices, a real estate information service reported.