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Multiple all-cash offers within first week of marketing is evidence of continued demand for well-located single-tenant retail assets CORONA DEL MAR, CALIF. — (RealEstateRama) --...

Led by the Southern California region, California statewide pending home sales continued to build momentum in July, posting an increase from both the previous month and year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

CBRE Executive Vice President Philip D. Voorhees announced today that he, Jimmy Slusher and their National Retail Investment Group – West (NRIG-West) team completed the sale of the Shops at Stonecreek Plaza, a 52,171-square-foot strip center in the city of Los Banos, Calif., leased to a synergistic mix of regional and local tenants including Petco, Famous Footwear, Dollar Tree, GNC, Metro PCS, Wingstop and a drive-thru Starbucks. The sale price was $12 million, representing a 7.1% cap rate.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, in conjunction with Voit Real Estate Services, announced today that the two firms completed the sale of a single-tenant net-leased coastal property occupied by Petco at 537 North Pacific Coast Highway in Redondo Beach, Calif. The sales price of $7,630,000 represented a cap rate of 4.5%, a record low cap rate for a single-tenant Petco in Los Angeles County

International award-winning KTGY Architecture + Planning announced today that it has been selected by Orange County-based Civic Partners as the designer of Artisan Alley at The Diamond, a unique retail development located in western Riverside County in the City of Lake Elsinore, Calif. Conveniently located across the street from the Lake Elsinore Diamond Stadium, the proposed retail development will bring a creative, commercial destination, which is sure to energize the neighboring area.

California home sales stumbled in July as low inventories and eroding affordability dragged down the housing market, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today

All the Railyards roads and bridges will officially open with a celebration this Friday. Congresswoman Doris Matsui, Caltrans, and Downtown Railyard Venture, LLC will join City leaders at a grand opening celebration of the Railyards Roads Friday, August 19 beginning at 8:30 a.m.

Lower interest rates failed to offset strong seasonal price increases, making it harder for Californians to purchase a home in the second quarter of 2016, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

its bold new announcement of a cross government partnership, the “Clean Energy Savings for All Americans Initiative,” which includes an expansion of Property Assessed Clean Energy (PACE) programs. This administrative action comes after Reps. Huffman and Thompson urged the Department of Veterans Affairs to enable veterans to receive VA-secured home loans to take advantage of PACE programs.

Global real estate investment company Kennedy Wilson represented both the buyer and seller in the $16 million sale of a prime, mixed-use complex located at the corner of 11th Street and Wilshire Boulevard in the heart of Santa Monica. The approximately 23,500-square foot, retail and multifamily property was purchased by 11th and Wilshire, LLC. The seller was Paragon Properties.

Oak Grove Apartments Opens in Hitachi Master-planned Community SAN JOSE, Calif. - (RealEstateRama) -- ROEM Corporation announced today the opening of...

With plans to grow to 50 agents this year, the emerging real estate firm is built on a foundation of collaboration and client experience. Mercer Vine, a new leader in Southern California luxury real estate, has formally launched its brand by listing 10 properties in some of Los Angeles’ most exclusive neighborhoods. The properties, many of which are undergoing extensive high-end upgrades, have an estimated post-renovation value of $260 million

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the sale of a 9,167-square-foot multi-tenant retail pad building, which is part of a neighborhood shopping center anchored by Smart & Final Extra! in Upland, Calif. The sale price of $3.9 million, with a cap rate of 5.48%, represented a record low cap rate for a multi-tenant pad over $3.5 million in the trade area

The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) this month launched the C.A.R. Innovators Workshop, seeking to drive further innovation of products, services, and solutions that will create efficiencies, improve productivity, and help REALTORS®, brokerages, and other real estate professionals to do their jobs and serve their clients better, smarter, and more efficiently

In another critical step in the City’s effort to combat homelessness, Mayor Eric Garcetti invited affordable housing developers to submit proposals to develop City-owned properties for homeless residents

Led by the San Francisco Bay Area, California pending home sales continued their upward momentum in June to post three straight months of annual increases, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today

The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to the U.S. Department of Housing and Urban Development’s new policy that the Federal Housing Administration (FHA) will begin insuring mortgages on certain properties with Property Assessed Clean Energy (PACE) loans.

A 20-year-old woman charged with stealing packages from an Alhambra home pleaded no contest today to second-degree commercial burglary and grand theft of personal property and was sentenced, the Los Angeles County District Attorney’s Office announced

C.A.R. sues PDFfiller.com for $136 million for willfully and unlawfully selling C.A.R. Forms LOS ANGELES (July 11) – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) has...