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Google Capital Makes $50 Mil Investment in Auction.com 3/06/14 Google Capital has made a $50 mil investment in online real estate marketplace Auction.com. As part of the investment, one representative from Google Capital will join the company’s Board of Directors and another will take a...
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Terry W. Thompson Named as County of San Bernardino’s Director of Real Estate Services 3/05/14 Terry W. Thompson has been tapped to serve as the County of San Bernardino’s Director of Real Estate Services, succeeding the retiring Dave Slaughter. The Board of Supervisors last week unanimously approved an employment cont...
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CA Pending Home Sales Pick Up In January Although Below Level from One Year Earlier 2/28/14 With the statewide housing inventory slowly improving, California pending home sales picked up steam in January and reversed a two-month decline, but pending sales were still down from a year ago, according to the latest data...
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CA Home Sales Flat in January as Limited Supply Impacted the Market 2/20/14 A limited supply of available homes for sale continued to hamper California housing sales, which were essentially flat in January, according to the most recent news from the California Association of Realtors®.
“The underly...
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Housing Market Cools Off 2/14/14 Although the housing market in most cities soared in 2013, the fireworks began to subside by year’s end, based on the latest analysis of housing market trends by ZipRealty Inc, a leading online residential real estate brokera...
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L.A. Office Leasing Activity in 2013 on Par with 2012 2/06/14 Office leasing activity in Los Angeles for 2013 totaled 12.9 msf, on par with the level of activity in 2012, according to the Los Angeles Studley Report, Studley’s analysis of office market conditions in the city and surround...
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Frank J. H. Schulz III Named New President of LA Chapter of SIOR 2/04/14 Frank J. H. Schulz, III, SIOR, vice president at The Klabin Company/CORFAC International, has been elected to a two-year term as president of the Los Angeles Chapter of the Society of Industrial and Office Realtors (SIOR). S...
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Latest Allen Matkins/UCLA Anderson CA Commercial Real Estate Survey Sees Increased Optimism 1/31/14 The latest Allen Matkins/UCLA Anderson Forecast Commercial Real Estate Survey signals continued optimism among developers – a slight increase in confidence across commercial real estate submarkets since the survey was last co...
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ULI Presenting a New Two-Day Value-Add Real Estate Development and Investment Course 1/28/14 The Urban Land Institute is presenting a two-day course entitled: Value-Add Real Estate Development and Investment to be held February 10-11, 2014 at the Marina Del Rey Marriott in Marina Del Rey.
Martin McDermott, princip...
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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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