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December 4, 2020
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• Draftsmen & Craftsmen
5/18/09
In some of the latest news from the construction world, Whittier-based Oltmans Construction Company has created its “High Performance Building Program”, which reinforces the company’s commitment to the growing business and en...
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• Many Commercial Bankruptcies May Not Be Necessary
5/11/09
In the face of increasing defaults and foreclosures on commercial real estate properties, borrowers and investors can find hope in new and creative workout restructuring strategies that could help them avoid turning over the ...
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• Multifamily Market Sees Third Consecutive Month of Rent and Occupancy Declines
4/30/09
By Caroline Latham, President RealFacts RealFacts has just concluded its first study of rental market conditions in 2009. Rents and occupancy continue to go down, but there was no big drop this quarter as some people predict...
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• New Program from C.A.R. to Help Drive More First-Time Buyers
4/08/09
In an effort to assist first-time home buyers, the California Association of Realtors® (C.A.R.) has launched the C.A.R. Housing Affordability Fund Mortgage Protection Program (C.A.R.H.A.F. MPP). Through this program, first-ti...
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• CA Home Sales Jump 83% in February
3/26/09
In the latest data from the California Association of Realtors®, home sales in the state increased 83 percent in February compared with the same period a year ago, while the median price of an existing home declined 40.8 perc...
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• SoCal Sees Drop in Notices of Defaults and Trustee Sales While NoCal on the Rise
3/20/09
By Allen Wolfsheimer Notice of Defaults and Notice of Trustee Sales recorded in Southern California dropped 3.54 percent from February 2008 to February 2009, however, in Northern California the number spiked upward, increasi...
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• Draftsmen & Craftsmen
3/17/09
The exterior concrete frame for the new 402.5k sf, three-level parking structure and adjacent 3.2k sf Public Safety Office at Grossmont College has been topped out. The project, being built by McCarthy Building Companies, is ...
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• January CA Home Sales Double, While Prices Continue to Fall
3/03/09
There continues to be a significant dichotomy in California’s housing market, as sales jumped a dramatic 100.8 percent in January compared with the same period one year earlier, yet the median price of an existing home fell a...
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• CA Entry-Level Home Affordability Jumps to 59%
2/19/09
The percentage of households that could afford to buy an entry-level home in California stood at 59 percent in the fourth quarter of 2008, compared with 33 percent for the same period a year ago, according to the latest data ...
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• Draftsmen & Craftsmen
2/11/09
Construction has been completed on University Science Center, a world-class laboratory facility owned by BioMed Realty Trust Inc and located at 3545 John Hopkins Court in the Torrey Pines area of San Diego. Prevost Constructi...
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• San Francisco Office Activity Slows Dramatically
1/30/09
Here’s a brief 4th Quarter 2008 report on the San Francisco office market, provided by Michael Tobin, a Director at Pacific Union Commercial Brokerage. Absorption: The office market recorded its third consecutive quarter of ...
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• Sluggish Tech Sector to Slow San Jose Apartment Market
1/29/09
In the coming year, San Jose’s apartment market is expected to be impacted by the continued turmoil in the financial markets and by a tough employment market faced with a sluggish technology sector, according to the 2009 Nati...
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• Draftsmen & Craftsmen
1/23/09
Design work has been completed and construction has begun on the first phase of Douglas Park Block 2, an office park in Long Beach being developed by a venture of Newcastle Partners Inc and RREEF, both of which are headquarte...
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• Puget Sound Industrial Market Remains Sound Despite Tough Economy
1/21/09
The Seattle/Puget Sound office of national real estate brokerage firm Colliers International recently distributed a summary of the highlights from its Fourth Quarter 2008 Puget Sound Industrial Forecast Trends. We’ve reprinte...
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• New Website Allows You to Defease with Ease
1/19/09
Interested in checking out real estate loan defeasance options? Commercial Defeasance LLC just launched a new website at www.defeasewithease.com. The company’s Quick Quote™ calculator received enhancements and remains the foc...
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• Economic Update
1/12/09
Friends and Colleagues, Whoa Nellie...this is a fine mess we are in! This week, Scott Anderson of Wells Fargo Economics helps us put the current state of the economy in perspective. First, some good news? from Anderson ...
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• Healthy Outlook for San Francisco Apartment Market
1/12/09
The outlook for the San Francisco apartment market in 2009 is expected to remain relatively healthy, though the threat of payroll contraction in response to the upheaval in the financial markets bears monitoring. At least tha...
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• Notice of Defaults and Notices of Trustee Sales in CA Jumped 131% in 2008
1/08/09
According to the latest data from Default Research, Notice of Defaults and Notices of Trustee Sales in both halves of California rose 131 percent last year. In Los Angeles County alone, 122,408 unique properties entered into ...
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• CA Home Sales Up 83% in November
1/05/09
Home sales in California saw a jump of 83.2 percent in November compared with the same period a year ago, while the median price of an existing home fell (brace yourself…) 41.8 percent, according to the most recent data from ...
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• Turbulent Year Winds Down for CA Home Market
12/22/08
Rising home sales, declining home prices, stricter loan underwriting standards, and the financial market meltdown contributed to a turbulent year in California’s housing market, according to the California Association of Real...
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