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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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Lack of Inventory Limiting CA Home Sales 3/18/13 California’s median home price marked a full year of annual price gains, propelled by strong sales of higher-priced homes in February, while a lack of inventory constrained total home sales for the month, according to the lat...
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National Economy Beginning to Ramp Up 3/14/13 In its first quarterly report of 2013, the UCLA Anderson Forecast’s outlook for the United States says that the country’s Gross Domestic Product is poised to surpass the 2% annual growth rate of the past four years and reach ...
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Doug Taylor, Chuck Christensen and Allison Eisendrath Join Beech Street Capital 3/12/13 Beech Street Capital LLC has expanded its West Coast presence by adding another experienced origination group of Doug Taylor, Chuck Christensen, and Allison Eisendrath to its Newport Beach office. The trio were all formerly ...
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CA Home Affordability Drops Dues to Higher Home Prices 2/26/13 Higher home prices offset lower interest rates to reduce housing affordability in California during the fourth quarter of 2012, according to the latest data provided by the California Association of Realtors®.
The percentage...
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Los Angeles/Orange County Ranked #8 as Key Industry Hub for Life Sciences 2/25/13 With a series of key brand-name drug patents set to expire in 2013, deadlines collectively referred to as the “patent cliff,” life sciences companies are bracing themselves for a revenue drop some estimate could reach $30 bil...
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Premier Business Centers Debuts New Look 2/15/13 Irvine-based Premier Business Centers (PBC) has introduced its new corporate brand identity and redesigned website, which more accurately represent what the company has become: the nation’s largest privately-owned office spac...
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Draftsmen & Craftsmen 2/12/13 Benchmark Contractors recently began construction of Clarett West's Blvd6200 North, an exciting new mixed-use development adjacent to the historic Pantages Theater in Hollywood. Designed by architect VTBS (Van Tilburg, Banva...
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Kyle Matthews Joins Colliers International as Senior VP 2/08/13 Colliers International has hired one of the region’s top retail brokerage teams, led by Kyle Matthews who will serve as Senior Vice President. Other key team members include Aron Cline, Chad Kurz, and Jordan Uttal who will se...
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