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Torrance, CA - November 7, 2013 - (RealEstateRama) -- Brokers from Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, have completed the $5 million sale of a 45,761-square-foot industrial building located at 6220 Descanso Ave., in Buena Park, Calif. Justin Smith, senior vice president in Lee’s Irvine office, and Scott Smith, principal in Lee’s Phoenix office, teamed to represent the seller, BH&C Properties. The buyer is 6220 Descanso Holdings, LLC.

SAN FRANCISCO, CA - November 7, 2013 - (RealEstateRama) -- As leading advocates for responsible and sustainable homeownership, Realtors® work tirelessly to ensure the American Dream of homeownership remains alive and well. That commitment was evident today as Realtors® joined forces with Habitat for Humanity of Greater San Francisco to help construct a multifamily housing development for low-income families in the San Francisco area

Los Angeles, CA - November 7, 2013 - (RealEstateRama) -- Construction has completed on ParkLanding, a four-story multifamily community designed by Newman Garrison + Partners (NG+P), an architectural firm based in Newport Beach, Calif. Developer Jamboree Housing Corporation partnered with the City of Buena Park Community Redevelopment Agency to replace a long-time, abandoned 2.02-acre site with a state-of-the-art, high-quality affordable apartment complex using NG+P’s proprietary design concept, New Block™.

Torrance, CA - November 1, 2013 - (RealEstateRama) -- Steve Jaffe, executive vice president and general counsel for BH Properties, a leading real estate investment firm, has been named president of City of Hope’s Los Angeles Real Estate & Construction Industries Council (LARE). He assumes the position from outgoing president Jeffrey Okyle, Vice President-Institutional Services for Standard Parking

LOS ANGELES, CA - October 31, 2013 - (RealEstateRama) -- More properties were sold above their asking price this year, as tight supply conditions continued to heat up market competition in the first half of 2013, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2013 Annual Housing Market Survey.”

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IRVINE, CALIF. - October 29, 2013 - (RealEstateRama) -- Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the western United States and a market leader in the sale of retail properties, announced today the sale of a high profile development opportunity in Los Angeles, Calif., vacant land that was used as a parking lot for the former Jerry's Deli. The buyer, a private investor from Inglewood, Calif., was represented by Carlos J. Lopez of Hanley Investment Group's HI Urban Retail Advisors. The seller, a private investor based in Studio City, Calif., was represented by Hanley Investment Group's Jonathan Selznick. The purchase price was $2,300,000.

Torrance, CA - October 29, 2013 - (RealEstateRama) -- The former office of Carroll Shelby, the American icon who made the AC-based Shelby American Cobra and later the Mustang-based performance cars for Ford Motor Company, was sold along with two other office buildings for $10.7 million.

LOS ANGELES - October 23, 2013 - (RealEstateRama) -- The share of equity home sales in California continued to grow in September, now making up more than eight of every 10 home sales, the highest level in nearly six years. Meanwhile, the share of short sales fell into the single digits and dropped to levels not seen since January 2009, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today

Torrance, CA - October 23, 2013 - (RealEstateRama) -- Lee & Associates, one of the nation’s largest broker-owned commercial real estate services firm, has negotiated a $6.6 million cash sale of a 18,735-square-foot multifamily property located at 171 N. Wilson Ave. in Pasadena, Calif

IRVINE, CA - October 21, 2013 - (RealEstateRama) -- Hanley Investment (HI) Urban Retail Advisors, a division of Hanley Investment Group Real Estate Advisors, specializing in the sale and advisory of high profile mixed-use and urban retail properties in dynamic commercial districts across the United States, announced today that Carlos J. Lopez, President of HI Urban Retail Advisors represented the seller in the sale of the 4,539-square-foot ground-floor retail condominium of the 24-story, 311-unit luxury residential building, known as Evo, located in the heart of Downtown Los Angeles, Calif. The purchase price was $1,225,000.

LOS ANGELES - October 18, 2013 - (RealEstateRama) -- California home sales declined for the second straight month in September, following rising interest rates and economic uncertainty, which put the demand for housing on hold for buyers. Meanwhile, housing supply conditions continued to loosen up as the housing market entered its off season, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported.

La Jolla, CA. - October 18, 2013 - (RealEstateRama) -- Bay Area home sales dropped more than usual in September compared with August but climbed slightly above the year-ago level thanks to more robust sales above $500,000 this year. For the second consecutive month the median sale price declined month-to-month, though it remained nearly 24 percent higher than a year earlier, a real estate information service reported.

EUGENE, ORE. - October 18, 2013 - (RealEstateRama) -- Today, IDX, Inc. enables IDX Broker software for the website of agent Hugh McMahon. He now hosts a customized IDX solution, automatically synchronizing his website to the Bakersfiled MLS (BKMLS). McMahon can display thousands of Bakersfield, California property listings, giving his clients and other potential buyers the opportunity to find their perfect home online. With IDX Broker software McMahon can host an online real estate search like never before available online.

RESEDA, CA - October 17, 2013 - (RealEstateRama) -- Jesus Henao and Steve Henao with NAI Capital’s Encino office represented the Seller, Petar Misic, in the sale of the Sherman Way Apartments located a 19148-54 Sherman Way in Reseda, CA to the Buyer, Kamran Mehdlan. The value of the sales transaction was $2,070,000.00 million dollars

WASHINGTON, D.C. - October 16, 2013 - (RealEstateRama) -- Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, welcomes Vivian Hanover, Nina Stormo and Christi Vior as broker associates to the firm’s Central Coast offices

WASHINGTON, D.C. - October 16, 2013 - (RealEstateRama) -- Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, has closed a 48,790-square-foot industrial building located at 12393 Slauson Ave. in Whittier, Calif. The $4.05 million transaction was closed in mid-September

EUGENE, OR - October 10, 2013 - (RealEstateRama) -- Real Estate agent of RE/MAX Real Pros, Sean Redwine, has synchronized an IDX solution to his website, bringing Corona, California property listings to the easy-to-use search page his clients can access online. California Real Estate Technology Services (CARETS) listings are displayed and updated automatically as new listings are uploaded and prices fluctuate. Never before has such a revolutionary technology been so accessible and simple to use

WASHINGTON, D.C. - October 16, 2013 - (RealEstateRama) -- Construction has begun on the Nadel Architects-designed, $11 million mixed-use complex on the former site of Westwood’s Mann Theatre. Currently named Lindbrook-Gayley, the four-story, 80,000-square-foot building rests in the heart of Westwood Village on a mere 16,000 square feet. When completed, Lindbrook-Gayley will consist of 34 apartments, 5,250 square feet of retail space and two subterranean parking levels. The project was approved by the West Los Angeles Planning Commission in 2012 and is tentatively scheduled for completion in the summer of 2014

COLTON, CA - October 7, 2013 - (RealEstateRama) -- The Hodgdon Group, a full-service brokerage, development, construction and project management company, announced today that that it has completed construction of the conversion of the former Sam's Club building in Sacramento, Calif., for the opening of a 60,000-square-foot Burlington Coat Factory on October 11. Hodgdon Group's HMC Construction, Inc. handled all entitlements and served as the design-build contractor for the major renovation located in North Natomas at 3671 North Freeway Boulevard in the City of Sacramento.