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• Property Tax Filing Deadline for Much of California Approaching Fast
8/15/13
Here’s a helpful reminder to property owners, managers, real estate directors and other professionals overseeing real property matters – the property tax filing deadline for 2013 tax season ends September 16, 2013. This appli...
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• Mountain Real Estate Capital and Warmington Residential Form Partnership
8/08/13
Mountain Real Estate Capital (MREC) and Warmington Residential have formed a partnership to acquire and develop 48 lots located within the prestigious Stellan Ridge community in Riverside. This is the first venture between MR...
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• San Diego County Retail Recovery Hits the Pause Button
8/07/13
After shifting into higher gear in 2011 and 2012, the San Diego County retail market settled into neutral following 378k sf of negative absorption in the first six months of this year and a corresponding increase in vacancy t...
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• David P. Waite Named Chair at ULI Los Angeles
8/05/13
David P. Waite has been named Chair at ULI Los Angeles, a District Council of the Urban Land Institute (ULI). A Partner with the law firm Cox, Castle & Nicholson LLP, Waite assumes the chairmanship of the land-use organizati...
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• AEW Capital Management Awards 3.2 msf Portfolio to RiverRock Real Estate Group
7/31/13
AEW Capital Management has awarded RiverRock Real Estate Group the management assignment for a 3.2 msf portfolio of office and industrial space located in Southern California and Arizona. Beginning August 1, RiverRock will t...
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• San Diego Office Market on Pace for Strongest Absorption Since 2005
7/29/13
At the six-month mark for 2013, there has been 736.3k sf of net office absorption in San Diego, a pace that puts the market on track to out-perform 2012’s 1.2 msf total for its best annual performance since 2005, according to...
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• Draftsmen & Craftsmen
7/18/13
Construction has begun on the new 74k sf, located at 5555 Grossmont Center Dr in La Mesa. It is being constructed by McCarthy Building Companies, who was retained by the Grossmont Healthcare District (GHD), with CEO Barry Jan...
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• CA Median Home Prices Remain Over $400k for Third Straight Month
7/17/13
California home sales pulled back in June as home prices continued to climb, with most regions posting healthy double-digit year-over-year gains and the statewide median price maintaining above the $400k for the third straigh...
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• Inland Empire East Valley Ind Market Continues Strong Path to Recovery
7/16/13
The Riverside office of Lee & Associates has released its second quarter 2013 Industrial Market Summary for manufacturing/distribution buildings for the East Valley Market in Southern California’s Inland Empire. They’ve provi...
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• Johnson, Smith, Kachani and Lenhert Provide Insight at Recent SoCal Broker Exchange
7/11/13
Guy Johnson, Chairman and CEO of Johnson Capital, was the keynote speaker at a recent Broker Exchange gathering held by Sperry Commercial at The Pacific Club in Newport Beach on June 6th. The event, titled “Show Me the Money ...
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• Allen Matkins/UCLA Anderson RE Survey Sees Continued Optimism
7/10/13
Developers expressed evident optimism regarding commercial real estate market conditions in the latest Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey. The biannual survey projects a three-year a...
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• Commercial Real Estate in Some Parts of SoCal Posting Impressive Gains While Others Treading Water
7/02/13
SoCal’s commercial real estate market in the second quarter of 2013 mirrored the mixed signals seen in the broader economy, according to the latest data from Newmark Grubb Knight Frank (NGKF). The firm’s mid-year research sho...
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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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