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Schwarzenegger and Feinstein Propose Compromise Plan for CA Water Problems 7/15/08 To update its members with the latest information about California’s water issues, BOMA California has sent out the following news regarding a compromise plan presented to California’s legislature that should improve the stat...
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Economic Update 7/14/08 Friends and Colleagues:
Is there good news or bad news on the economic horizon? Eugenio Aleman of Wells Fargo Economics is not very upbeat this week, as he shares his thoughts on Consumer Spending and the Weak Dollar.
A...
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Draftsmen & Craftsmen 7/08/08 McCarthy Building Companies recently topped out the new Mission Hospital Patient Care Tower in Mission Viejo when steel workers from Schuff Steel placed the final structural steel I-beam on the braced-frame steel structure. ...
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CA Home Sales Up 18% from Prior Year 6/30/08 May home sales sale figures from the California Association of Realtors® (C.A.R.) show that CA sales increased 18.1 percent for the month compared with the same period a year ago, while the median price of an existing home fe...
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DPR Awarded AIA HQ Renovation in DC 6/12/08 Redwood City-based DPR Construction Inc has been selected by the American Institute of Architects for a major renovation of the AIA’s national headquarters in Washington, D.C. DPR will partner with the AIA and Studios Archit...
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Draftsmen & Craftsmen 6/06/08 Here’s news of an interesting West LA office project that was completed by Snyder Langston within a 12-month time-frame for Fox Studios to accommodate one of its tenants, Digital Media. The 34k sf building is located on the F...
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Economic Update 6/03/08 Friends and Colleagues:
This week Scott Anderson, Senior Economist of Wells Fargo Economics talks with us about the current state of the economy....Recession?.....Stagflation?.....Rising Interest Rates? Read on to hear h...
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CA Home Sales Perk Up as Prices Continue to Fall 5/27/08 The good news for the CA housing market is that sales increased 2.5 percent in April compared with the same period a year ago, while the bad news is that the median price of an existing home fell 32 percent from the prior yea...
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CA Housing Silver Lining: First-Time Buyer Affordability Up to 44% 5/22/08 The percentage of households that could afford to buy an entry-level home in California stood at 44 percent in the first quarter of 2008, compared with 26 percent for the same period a year ago, according to a report released...
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Current Office Sublease Availability in San Diego Inline with Historic Averages 5/16/08 One of the important indicators in determining the health of a given office market is the direction of current sublease activity. Here’s a quick look at the sublease market for office space in San Diego, provided to us by Gru...
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RENTV Audience Responds to Los Angeles Property Rights Rulings 5/15/08 We’d like to thank the viewers who sent back comments in response to our opening comments in the May 8th “The Real Estate Insider” email newsletter about two Los Angeles City Council rulings on a couple of important property ...
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New Relaxed Guidelines from Fannie Mae Should Encourage Res Borrowing 5/15/08 On May 6, Fannie Mae announced four key changes to their residential mortgage guidelines that should provide welcome relief to homeowners and buyers looking at financing options. These changes allow for refinancing up to 120...
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Draftsmen & Craftsmen 5/13/08 Construction has been completed on a striking new HQ office building for Pacific Life Insurance Company within Parker Properties’ Summit Office Campus in Aliso Viejo. The nine-story, Class A tower, located at 45 Enterprise, w...
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Draftsmen & Craftsmen 5/05/08 Construction was recently completed on Catholic Charities/Good Shepherd Center Women’s Village Phase III, a 35.9k sf mixed-use building that will provide services to all residents of Good Shepherd Center's facilities. Constru...
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Slide in CA Home Sales and Median Price Continues 4/29/08 For those of you hoping for news of a turnaround in California’s residential market, you may not want to read on, although it’s not likely that this news will come as a surprise to anyone who hasn’t had their head buried in t...
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Economic Update 4/28/08 Friends and Colleagues:
This week Michael Swanson of Wells Fargo Economics talks with us about how we got into this economic situation, and how we will get out of it.
How did this recession (or so it seems) begin, and ho...
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Serene Apartment Market Remains Stable 4/23/08 By Caroline S. Latham
CEO, RealFacts
In a period of turmoil for condos and single family homes, the rental apartment market is a model of stability. According to statistics released this week by RealFacts, the multifamily da...
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OC Office Rents Continue to Rise 4/18/08 Average asking rents for office space in Orange County continue to rise, despite a slowing economy and a notable jump in vacancy rates in the region following the implosion of the sub-prime market. The average asking full-ser...
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Economic Update 4/08/08 Friends and Colleagues:
This week Eugenio Aleman of Wells Fargo Economics shares with us his thoughts about the pending (?) recession, and about the propriety of the Fed’s actions in the Bear Stearns matter.
Can we finall...
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Corporate CFOs View Environmental Sustainability with Increasing Importance 4/02/08 Here’s a summary of an interesting survey regarding CFOs’ attitudes about environmental sustainability within their companies. The survey was taken by Jones Lang LaSalle, who provided us with this recap.
In the first in-dept...
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