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March 26, 2017
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ETC... ETC... NEWS
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• CA Home Prices Reverse Course and Head Back Up in December
1/22/14
California home sales fell for the fifth straight month in December as the distressed market plays a dwindling role in the state’s housing market. Sales for the year were down 5.9 percent from 2012 as tight housing inventory...
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• Job Growth Slow, Yet Unemployment is Down and Office-Using Employment at All-Time High
1/20/14
According to a new economic update report from Cushman & Wakefield research, December 2013 recorded the smallest job growth nationally in almost three years, coming at just 74,000. Yet, interestingly, office-using employment ...
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• Venture West Funding Arranges $19 Mil to Refi Six LA-Area Apartment Buildings
1/15/14
El Segundo-based Venture West Funding Inc has arranged loans totaling $19.2 mil for the refinancing of six apartment buildings located in Inglewood and Los Angeles. The loans were funded through Luther Burbank Savings and Cha...
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• US Office Market Demonstrated a Broadening Recovery in 2013
12/31/13
After five years of a recovery defined by geographic and industry segmentation, the U.S. office market began to show signs of a more cohesive, across-the-board improvement in fundamentals in 2013. According to year-end resear...
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• Pending Home Sales Decline in California
12/24/13
Seasonal factors, combined with shrinking housing affordability, cooled California pending home sales from both the previous month and year in November, according to the latest data sent over by the California Association of ...
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• Higher Interest Rates and Price Increases Tempering Home Sales in California
12/19/13
The run-up in home prices, coupled with higher interest rates, put downward pressure on housing affordability and led to the fourth straight month of sales declines in November, according to the latest research provided by th...
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• Draftsmen & Craftsmen
12/11/13
The Oxnard Unified School District (OUSD) has chosen LA-based Bernards to rebuild the Harrington Elementary School Campus. Designed by Dougherty & Dougherty, the new school will be built on play fields of the existing 8.3-acr...
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• CA Pending Home Sales Tick Upward in October
11/26/13
California pending home sales reversed a two-month decline to post higher in October, but were down from a year earlier, according to the latest research from the California Association of Realtors® (C.A.R.). Pending home s...
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• CA Home Sales Decline for Third Straight Month
11/20/13
California home sales declined for the third straight month in October as economic uncertainty surrounding last month’s government shutdown and a typical seasonal slowdown dragged down the state’s home sales, although sales o...
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• Draftsmen & Craftsmen
11/20/13
Construction was just completed on the interiors of the Villaraigosa Pavilion and Duty Free Shops (DFS) at Tom Bradley International Terminal (TBIT) at Los Angeles International Airport (LAX). Westfield Concession Management...
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• LA Office Market Shows Little Movement in Leasing Activity
11/14/13
Although the Westside of Los Angeles continues to benefit from the expansion of entertainment, digital media and tech companies, overall office leasing activity remains moderate. Limited expansion has translated into a neglig...
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• RealShare Apartments 2013 Conference a Big Success
11/01/13
RealShare Apartments 2013, the flagship multifamily conference put on by ALM’s Real Estate Media Group, was a resounding success, attracting 2000 attendees from across the country – largely owners, investor, developers, finan...
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• Tight Supply Leads to Nearly Half of CA Home Sales to Go for Over Asking Price this Year
10/31/13
More properties were sold above their asking price this year, as tight supply conditions continued to heat up market competition in the first half of 2013, according to the California Association of Realtors® “2013 Annual Hou...
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• Draftsmen & Craftsmen
10/30/13
Phase I of the Manhattan Beach Unified School District’s Mira Costa High School renovation and expansion project has been completed. The project involves renovating, modernizing and expanding existing school facilities, which...
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• Major U.S. Apartment Markets Doing Well and Are Expected to Continue to Thrive
10/30/13
Fueled by the ongoing economic recovery and resulting job growth, multifamily markets in the western United States continue to shine as the end of 2013 draws near. Furthermore, the apartment sector in the region’s major metro...
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• Four Consecutive Quarters of Positive Net Absorption
10/25/13
Real estate services provider Cassidy Turley has released its third quarter San Diego office report, which shows demand for San Diego County office space is gaining traction following the region’s fourth consecutive quarter o...
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• Watt Plaza Earns LEED Platinum Certification
10/23/13
Watt Plaza, a twin, 23-story office tower complex in Century City, earned LEED Platinum for Existing Buildings Operating and Maintenance from the U.S. Green Building Council. Watt Plaza has the distinction of being one of fou...
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• Dynamics Capital Group to Present 9th Annual Real Estate Syndication Summit
10/22/13
Dynamics Capital Group is presenting the 9th Annual Real Estate Syndication Summit at the Luxe Hotel on Saturday, November 2, 2013. Dynamics Capital founder and president Karim Jaude and 14 top industry professionals will di...
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• Morley Builders President Mark Benjamin Dies in Plane Crash
10/14/13
As most of you probably already know, Mark Benjamin, President and CEO of Santa Monica-based Morley Builders, died on September 29, 2013 in a tragic airplane accident that also took the life of his son Lucas Robert Benjamin a...
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• C.A.R. Forecasts CA Home Sales to Reach 444,000 Units in 2014
10/09/13
With distressed sales losing their hold on much of California’s market over the course of the past year, the state’s housing market is expected to continue improving in 2014. Sales should shift toward primary home buyers, and...
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