Property, Rentals, Transactions

IRVINE, CA - July 10, 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 that Edward B. Hanley assisted with the sale of Granada Shopping Center, a Lucky Supermarket-anchored shopping center in Livermore, Calif., in an off-market transaction. The purchase price was $17.5 million.

Torrance, CA - July 10, 2013 - (RealEstateRama) -- Designed by Nadel Architects to highlight the neighborhood’s contemporary character, the $53 million mixed-use complex is now open for rent at 1111 Wilshire Blvd. in Downtown Los Angeles. Located just blocks from the central business district, the building, developed by Holland Partners Group, consists of 210 apartment units, urban recreation amenities, 7,900-square-feet of ground-floor retail space and three levels of subterranean parking.

EUGENE, OR - July 2, 2013 - (RealEstateRama) -- Donald Abrams and IDX, Inc. have joined forces to upgrade the search capabilities and functions on the real estate website Abrams hosts. As a member of the California Regional MLS (CRMLS), Abrams has long had access to thousands of Balboa Island, California property listings. Now, his clients can experience the same level of accessibility to these CRMLS listings, conveniently on the IDX enabled website Abrams hosts. Not only can Abrams experience a simplified level of management over his website, his clients can partake in a revolutionary online property search without ever leaving the comfort of their home, or the convenience of the website of Abrams

Torrance, CA - July 2, 2013 - (RealEstateRama) -- Before joining Lee & Associates, Sowa handled the construction management services for Cushman & Wakefield’s Southern California accounts. He transitioned to the Brokerage Services Group in 2000 where he worked as part of a brokerage team completing land sales, tenant representation and landlord representation assignments. He plays an active role in developing new business while representing owners and users in the sale and lease of commercial property in the Greater Orange County markets.

Torrance, CA - July 2, 2013 - (RealEstateRama) -- The entitlement package for Nadel Architects to redesign six buildings for Oakbrook Village, a 1980s-built shopping center owned by Fritz Duda Company, was approved by the city of Laguna Hills. The shopping center is located at 24391 Avenida De La Carlota in Laguna Hills, Calif. Retail renovation and expansion designs by Nadel Architects will transform the center into a high-end, mixed-use leisure destination for local shoppers. The $80-90 million project is an integral part of the City of Laguna Hills Urban Village Specific Plan.

LOS ANGELES, CA - June 27, 2013 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) today issued the following statement on the “Housing Finance Reform and Taxpayer Protection Act,” proposed yesterday by Sens. Bob Corker and Mark Warner.

EUGENE, OR - June 27, 2013 - (RealEstateRama) -- Mammoth Lakes MLS (MLBOR) listings are now easier than ever to search through for Mammoth Lakes, California properties, thanks in large part to IDX, Inc. and Teresa Frazier. By choosing to upgrade her website with the innovative IDX Broker software she now hosts, Frazier has made finding a Mammoth Lakes area home monumentally simpler. The MLBOR database of detailed listings makes it so easy for clients of Frazier to find their dream home online. The IDX enabled website of Frazier has forever changed the way Mammoth Lakes home seekers experience the online real estate market, thanks to the dynamic search tools Frazier now hosts.

EUGENE, OR - June 27, 2013 - (RealEstateRama) -- Los Angeles, California real estate agent Rosalie Klien has adopted the IDX, Inc. premier IDX Broker software for her professional website. Now, Klien hosts thousands of IDX synced property listings conveniently on her search page, giving her clients the ability to scan and search through every local listing hosted by the California Real Estate Technology Services (CARETS). The IDX solution Klien has employed has forever changed the way her clients search for homes online.

IRVINE, CA - June 26, 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 that Eric P. Wohl, Jeremy S. McChesney and Jonathan Selznick negotiated the sale of three single-tenant 7-Eleven stores in Upland and Anaheim, Calif., and Denver, Colo., totaling over $5 million

LOS ANGELES, CA - June 25, 2013 - (RealEstateRama) -- The share of equity home sales in California continued to grow in May, making up nearly four of every five home sales. Meanwhile, sales of REOs fell into the single-digits for the second straight month and registered levels not seen since October 2007, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

Torrance, CA - June 25, 2013 - (RealEstateRama) -- Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, closed the $2.4 million retail sale of City View Shoppes, a 20,630-square-foot strip center.

Torrance, CA - June 25, 2013 - (RealEstateRama) -- Lee & Associates, one of the nation’s leading commercial real estate providers, welcomes Linda Greenberg to its San Diego-UTC office. Previously a senior vice president with Colliers International, Greenberg joins Lee as principal.

IRVINE, CA - June 24, 2013 - (RealEstateRama) -- Award-winning national firm KTGY Group, Inc., Architecture + Planning, is pleased to announce that its innovative ABC Green Home has won the prestigious 2013 PCBC Gold Nugget Grand Award for the "Best Zero Net Energy Home Design." Designed as an Affordable, Buildable and Certifiable (ABC) Green Home, this very appealing Craftsman-style, 1,695-square-foot, 3-bedroom, 3-bath home is a net zero energy-consumption model home, which provides a blueprint for builders on how to mass produce environmentally-friendly houses that generate as much energy as they consume.

Torrance, CA - June 18, 2013 - (RealEstateRama) -- Senior Vice President Han Widjaja Chen of Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, has closed the $7.75 million sale of an 81-unit multifamily property at 14630-14654 Blythe Street in Panorama City, Calif.

LOS ANGELES, CA - June 18, 2013 - (RealEstateRama) -- Strong sales growth in higher-priced markets and continued housing supply shortage pushed up California’s median home price in May, resulting in the largest year-over-year price gain in at least the last 33 years, the CALIFORNIA ASSOCIATION OF REALTORS ® (C.A.R.) reported

Torrance, CA - June 17, 2013 - (RealEstateRama) -- Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, has named Jason Helmick the newest shareholder and vice president of the Irvine office.

Torrance, CA - June 13, 2013 - (RealEstateRama) -- Auction.com (www.auction.com), the nation’s leading online real estate marketplace, successfully auctioned 49 commercial properties across 24 states for more than $133 million on May 30th, the company’s fourth $100 million single-day total of the year.

IRVINE, CA - June 10, 2013 - (RealEstateRama) -- Award-winning national firm KTGY Group, Inc., Architecture + Planning, is pleased to announce that Hutton Companies, one of Southern California’s foremost developers, is nearing completion on The Paseos at Magnolia Luxury Apartment Community in Riverside, Calif., a $30 million, 168-unit, 3-story, garden-style, walk-up apartment community located close to regional shopping, transportation, jobs, and restaurants. Residents will be moving in as buildings are completed with the first group of residents moving in next month, July 2013. Completion of The Paseos at Magnolia Luxury Apartment Community is expected in autumn 2013.

WASHINGTON, D.C. - June 7, 2013 - (RealEstateRama) -- The CalVet Home Loan Program now offers interest rates as low as 3.90%* on a 30-year mortgage to qualified veterans in the market to purchase a home. CalVet’s interest rates are now very competitive with rates being offered by commercial institutions, such as Chase Bank which offers a rate of 4.00%**, Wells Fargo Bank at 4.13%**, and Bank of America at 4.00%**

Los Angeles, CA - June 6, 2013 - (RealEstateRama) -- The Office of the Los Angeles County Assessor is urging property owners affected by the Powerhouse fire to contact local Assessor offices for information and assistance about tax relief for property damage of $10,000 or more. Structures may qualify for tax relief