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Lee & Associates Transacts $4.8 Million Sale of Retail Office Building From Lowe’s

Torrance, CA - January 30, 2012 - (RealEstateRama) -- The Lee & Associates-LA North/Ventura team of Jay Martinez, Stephanie Skrbin and Mike Tingus executed the sale of a 38,788-square-foot mixed-use building that had been owned by Lowe’s Companies, Inc. (NYSE: LOW) in a transaction that reflects the continuing challenges of financing investment sales.

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Torres Bill Would Fund State One-Stop Shops for Affordable Housing Financing

Rep. Norma Torres (D-CA) has introduced the Streamlining Affordable Housing Act. It would create a Department of Housing and Urban Development (HUD)…

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