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May 18, 2024
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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 monthís government shutdown and a typical seasonal slowdown dragged down the stateís 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 ALMís Real Estate Media Group, was a resounding success, attracting 2000 attendees from across the country Ė 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 Realtorsģ ď2013 Annual Hou...
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• Draftsmen & Craftsmen
10/30/13
Phase I of the Manhattan Beach Unified School Districtís 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 regionís 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 regionís 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 Californiaís market over the course of the past year, the stateís housing market is expected to continue improving in 2014. Sales should shift toward primary home buyers, and...
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• New Real Estate Law Firm is Big News
10/03/13
Real estate attorney Eli Taban, former associate at Pircher, Nichols & Meeks and in-house counsel at Jade Enterprises, has formed Big Law Partners, an alternative model law firm with full-service transactional real estate exp...
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• Sand Hill Road in Menlo Park Boasts Highest Office Rents in the U.S.
10/03/13
The most expensive street for office space rent in the United States is Sand Hill Road in the Bay Area Peninsula city of Menlo Park, according to a research study released by Jones Lang LaSalle. Average rents on Sand Hill Ro...
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• SoCal Industrial Construction Hits Record Levels Since Recession
9/27/13
SoCal reached a post-recession high in industrial construction in the third quarter of 2013 with approximately 18 msf now underway, according to CBRE Group Inc. Southern California currently leads other top U.S. industrial m...
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• ICSC Western Division Conference and Deal Making Starts Today
9/18/13
Starting today, the International Council of Shopping Centers (ICSC) is once again hosting the 2013 Western Division Conference and Deal Making. The event, at the San Diego Convention Center, is one of the organizationís larg...
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• CA Home Sales Drop Slightly in August While Median SFR Price is Up
9/17/13
Following a strong performance in July, Californiaís housing market pulled back in August from the previous month and year, although sales of condominiums and townhomes remained robust, according to the latest numbers from th...
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• Median Home Sale Prices Up 16% Year-Over-Year Nationally
9/06/13
According to the most recent data from ZipRealty Inc, the nationís housing market continues to show ongoing strength, tempered by moderation. Median home sales prices were up 16.2% year-to-year to an average of $278k, while n...
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• Percentage of Distressed Sales in CA Continues to Drop
8/30/13
The share of equity home sales in California continued to grow in July, increasing on a monthly basis for 17 of the last 18 months, while distressed sales plunged by half compared to a year ago, according to the latest data f...
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• Housing Market Rebirth Spurs Leasing in the Inland Empire
8/28/13
Hereís a mid-year review of the Inland Empire office market, provided to us by Marcus & Millichap, the national real estate investment services firm. This summary is pulled from the firmís quarterly Office Research / Market O...
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