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Meridian, a full service real estate developer and owner of medical real estate, announced today that industry veteran Dan Rosenbaum has been hired as senior vice president. He will spearhead the development of the company’s new division focused on the acquisition of suburban general office value-add opportunities

The City of Sacramento is reducing drainage rates on commercial vacant parcels following a review of the drainage rate structure. The reduction will benefit 627 property owners of 1342 vacant parcels, saving them an estimated average of $956 per year. The City Council approved the revised rate structure on May 10.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Bill Asher negotiated the sale of Glenwood Square, a 6,808-square-foot multi-tenant strip shopping center anchored by Starbucks in Kern County, Calif., for $3.2 million, representing a cap rate of 5.6% and $470 per square foot.

Thirty-four percent of California households could afford to purchase the $465,280 median-priced home in the first quarter, up from 30 percent in fourth-quarter 2015 and unchanged from 34 percent in first-quarter 2015

President Ed Hanley and Executive Vice President Bill Asher of Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, reports that the firm is marketing for sale Stater Bros. Plaza in Chino, Calif., for $35 million, representing a rare offering of a grocery-anchored shopping center for sale in the Inland Empire

Michael Collins has joined global real estate investment firm Kennedy Wilson as executive managing director. In this newly created position, he is responsible for expanding the firm’s private client arena by focusing on private banks, family offices and Registered Investment Advisors (RIA) on a national basis. Collins will also serve on Kennedy Wilson’s Investment Committee

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that President Ed Hanley and Senior Vice President Kevin Fryman represented the seller in the sale of Bouquet Center in Santa Clarita, a 95% occupied, 148,903-square-foot grocery-anchored shopping center located in the Los Angeles metro area.

International award-winning firm KTGY Architecture + Planning is pleased to announce that the Granada Hotel, a new four-story, contemporary-style boutique hotel with 60 guest rooms situated in the heart of downtown Morgan Hill, Calif., was unanimously approved by the city’s planning commission on Tuesday, April 26, 2016. The project now moves on to the city council for final approval.

Global real estate investment and services firm Kennedy Wilson today announced the completion of three leases for three fast casual poke restaurants: Hoke Poke, OkiPoki and Honeyfish Poke. Two of the eateries are in downtown Los Angeles; the third is in Northridge. <

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, completed the sale of a single-tenant absolute net-leased Del Taco property located at 2060 S. La Cienega Boulevard in Los Angeles, Calif. The purchase price was $2.5 million or $1,386 per square foot. The property sold at a cap rate of 3

BRIDGE Housing and The John Stewart Company (JSCo) have been selected through the City’s competitive Request for Proposals process to develop 182 apartments for low- to middle-income residents at 88 Broadway.

The Board of Directors of the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) voted last Friday to support a $1.3 billion proposal by California Assembly members to create affordable housing programs

Washington, D.C. - (RealEstateRama) -- About 50 SILVAR members joined over 2,000 California REALTORS® in Sacramento on Wednesday for the annual California Association of...

Hanley Investment Group, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Eric Wohl completed the sale of the Gateway @ Cedros, a rare trophy coastal retail center in Solana Beach, Calif. The sale price was $6.725 million, representing $837 per square foot.

Opened in August 2013, the 73,767-square-foot, LEED® Platinum Science Complex offers optimal learning environments for the Physical Sciences, Life Sciences and Family & Consumer Studies programs while integrating sustainable technology that sets new benchmarks for energy efficiency.

Statewide pending home sales in California decreased in March on an annual basis for the third straight month, reflecting high demand for a dearth of homes available for sale on the market, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today

International award-winning firm KTGY Architecture + Planning is pleased to announce that Timber in Newark, Calif., built by visionary California homebuilder Trumark Homes and designed by KTGY, received top honors at the 2016 Building Industry Association (BIA) Bay Area Excellence in Home Building Awards earlier this month. Timber received the “Multi-Product Community of the Year” Award and “Best Architectural Design – Multi-Family” Award. The community also received an award for “Best Signage

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that President Ed Hanley and Senior Vice President Kevin Fryman represented the buyer and seller in the sale of Stevenson Ranch Plaza in Santa Clarita, a 97% occupied, 187,035-square-foot Ralphs grocery-anchored shopping center located in the Los Angeles metro area. The sale price was $72.5 million.

More real estate investors are turning to niche properties and away from investing in single-family homes and multifamily properties than they have in recent years, according to a CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) survey of its members about their interactions with real estate investors

California home sales rose from both the previous month and year to post the highest sales pace in six months, while strained housing supplies continued to push home prices higher, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.