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March 29, 2024
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ETC... ETC... NEWS
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• LA and OC Office Occupancy Rates Remain Steady Since End of 2012
7/01/13
Office occupancy levels across Greater Los Angeles, Orange County and the Inland Empire remained steady, having not wavered much since the end of 2012, according to preliminary second quarter market statistics compiled by CBR...
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• R.D. Olson Construction Completes Two New Restaurants at LAX
6/26/13
R.D. Olson Construction has wrapped up construction on two new restaurants at Los Angeles International Airport. They are B Grill by Boa Steakhouse, a sleek new restaurant in Terminal 7 at LAX, and Homeboy Bakery & Café, an e...
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• CA Homes Prices See Largest Year-Over-Year Gain in 33 Years
6/19/13
Strong sales growth in higher-priced markets and continued housing supply shortage pushed up California’s median home price in May, resulting in the largest year-over-year price gain in at least the last 33 years, per the lat...
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• IREM OC’s Southern California Real Estate Conference & Tradeshow Was a Hit with Attendees
6/07/13
The Institute of Real Estate Management, Orange County Chapter held its 23rd Southern California Real Estate Conference & Tradeshow (SCREC) on May 30, hosting 505 real estate professionals at the Hyatt Regency Orange County. ...
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• C.A.R. Surveys Current Home Investors
5/29/13
Investors have played a key role in the California housing market recovery for the past four years. Low mortgage rates, attractive home prices, and low yields on alternative assets have fueled demand for investment properties...
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• Distressed Home Sales in CA at Lowest Level Since Feb 2008
5/23/13
Distressed home sales continued to decline in April, as previously underwater homes rose in value, and the share of REO sales registered in the single-digits for the first time in more than five years, according to the latest...
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• San Diego Office Market Recovery Moving Faster than Expected
5/20/13
A just released report by Cassidy Turley San Diego shows the pace of the San Diego office market recovery is moving faster than expected, with 140k sf of net absorption during the first quarter of 2013. “This is good news ...
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• CA Home Prices Continue to See Strong Gains
5/16/13
Fueled by high demand and tight inventory, California home sales and prices both experienced strong increases in April, with the median price surpassing the $400,000-mark for the first time in five years, according to the lat...
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• CA Housing Affordability Dropping
5/13/13
Higher home prices put a dent in California’s housing affordability during the first quarter of 2013, according to the most recent data from the California Association of Realtors® (C.A.R.). The percentage of home buyers who...
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• CompStak Offers a New Solution for Sharing and Accessing Deal Comps
5/08/13
Online commercial lease info provider CompStak is about to launch its lease comp services in Los Angeles on June 1, and also in Washington, D.C., on July 1. CompStak, led by CEO Michael Mandel, says that they make commercial ...
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• Tenants at Victorville’s SoCal Logistics Centre to Enjoy Optical Fiber Services
4/30/13
Stirling Capital Investments and Charter Business Communications have formed a partnership to bring optical fiber services to Global Access in Victorville. The optical fiber solutions will be employed at the Southern Californ...
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• Draftsmen & Craftsmen
4/17/13
C.W. Driver has started construction on the new student recreation center expansion located on the University of California, Riverside (UCR) campus. The $35.2 mil project, which is targeted for LEED silver certification, invo...
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• CA Median Home Price Reaches Highest Level Since May 2008
4/16/13
Strong sales in higher-cost coastal regions and heated market conditions drove California’s median home price to its highest level in March since May 2008, while inventory shortages continued to stifle home sales, according t...
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• Curt Yaworski Joins EMG as Regional Vice President, Western Region
4/15/13
Curt Yaworski has been hired by EMG as the new Regional Vice President, Western Region. In this new role, he will be strengthening support for the full range of EMG services to clients throughout the Western Region. EMG is a...
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• Orange County Office Market Sees 700k sf of Positive Absorption in 1st Qtr 2013
4/12/13
In the first quarter of 2013, the Orange County office market posted nearly 700k sf of positive net absorption, giving the market approximately 2.4 msf of positive absorption for the last four quarters, according to the First...
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•  First Quarter 2013 Summary of San Diego’s Office and Industrial Activity
4/11/13
CBRE San Diego released its Market View reports covering San Diego commercial real estate activity for the first quarter of 2013. Here is a summary of that report, provided to us by CBRE San Diego. The San Diego office marke...
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• James W. Arce Joins Cassidy Turley as Senior Managing Director, Western Region
4/04/13
James W. Arce has joined Cassidy Turley as Senior Managing Director, West Region. In his new position, Arce will take a leadership role in account management and business development efforts as Cassidy Turley expands its prop...
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• UCLA Anderson 2013 Orange County Outlook
4/03/13
Here is a 2013 Orange County Economic Outlook and a look at the U.S. and California economies provided to us by the UCLA Anderson School of Management. This Executive Summary was prepared by: Jerry Nickelsburg, Adjunct Pro...
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• Non-Distressed Sales of CA Homes at Highest Level Since April 2008
3/26/13
Pending home sales in California rose in February from the previous month but were lower than year-ago levels. Meanwhile, equity sales rose to their highest level in nearly five years, according to just-released data from th...
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• Mike McKeever Hired as Senior VP at Jones Lang LaSalle
3/20/13
Mike McKeever was hired by Jones Lang LaSalle (JLL) as Senior Vice President in the firm's Tenant Representation Group in Los Angeles. McKeever, a 17-year industry veteran, will specialize in advising companies on their real...
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