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Hunt Mortgage Group Refinances a Multifamily Property Located in Long Beach, California
Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided a $5.8 million Fannie Mae loan facility to refinance Pacific Coast Villas Apartments, a multifamily property located in Long Beach, California
The Boulder Group Publishes 3rd Quarter Net Lease Market Research Report
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the 3rd quarter activity in the National Net Lease Market.
Hanley Investment Group Completes $15.2 Million Sale of Single-Tenant LA Fitness in Riverside, Calif.
Hanley Investment Group, a nationally-recognized boutique real estate brokerage and advisory firm specializing in retail property sales, has completed the $15.2 million sale of a newly-built 45,000-square-foot, single-tenant, fee simple retail investment occupied by LA Fitness in Riverside, California.
Brookwood Financial Partners, LLC Continues to Build its Property Management Team in California and...
Brookwood Financial Partners, LLC (“Brookwood”), a leading real estate investment and asset management company, today announced that Delio D. Contreras, Deborah D. Java, Joseph L. Lesley, Rachel Olmeda-Rodriguez and Shannon R. Sarmiento have joined Brookwood Management Partners, LLC (“Brookwood Management”) in its south Florida and San Diego, CA property management offices. Brookwood Management is a wholly-owned subsidiary of Brookwood and provides property management services for the firm’s portfolio in the United States
Form Simplicity adds new paperless management tools for real estate brokers
One of the real estate industry’s most popular and advanced paperless transaction solutions, Form Simplicity, has added Broker Transaction Management into its cloud-based platform. Broker Transaction Management creates a single place inside Form Simplicity for real estate brokers to manage, review, approve, track and store every agent’s transaction activity from beginning to end.
CBRE’s Philip D. Voorhees, Todd Goodman and NRIG-West Team along with Mike Moser of...
CBRE Executive Vice Presidents Philip D. Voorhees and Todd Goodman announced today their National Retail Investment Group – West (NRIG-West) team, together with Mike Moser of Retail Insite, completed the sale of Scripps Ranch Marketplace Phase II, a 28,700-square-foot shopping center in San Diego, Calif. The property is shadow anchored by a Vons and CVS/pharmacy (both were not part of the sale), along with Chase, Verizon, Which Wich and a synergistic line-up of local retail favorites. The sale price was $20.45 million, representing a 5.0% cap rate
Five Ways To Quickly Improve The Value Of Your Home
If you are planning on selling your home it's important that you do what you can to increase its value. Not only will it make your home sell faster, and look better, but it will also help you to get more money in your pocket. Who doesn't want to get more money out of their home? Your home was an investment from the start, and you should be taking great care of your investments.
Three Federal Courts Find in Favor of MERS
MERSCORP Holdings, Inc. today announced that three separate federal courts ruled in Mortgage Electronic Registration Systems, Inc.’s (MERS) favor, dismissing borrowers’ suits to quiet title and affirming MERS’ authority to assign the mortgage lien.
The Boulder Group Arranges the Sale of a Net Lease O’Reilly Auto Parts Store
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a newly constructed single tenant net leased O’Reilly Auto Parts store located at 5618 Treaschwig Road in Spring, Texas for $1,383,964.
Mintz Levin’s Jeffrey A. Moerdler to Moderate Keynote Session at 3rd Annual EisnerAmper Real...
Jeffrey A. Moerdler, head of the real estate and communications practices in the New York office of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., will moderate the keynote presentation at the 3rd Annual EisnerAmper Real Estate Private Equity Summit. The summit is taking place September 30 at the New World Stages in New York City.
5 Ways Big Data is Changing Real Estate for the Better
Big Data is reshaping the real estate industry, and for industry professionals the change is so good. Real estate agents are seeing dollar signs again; finally, for the first measurable way since the housing bubble burst in 2008. The market is recovering and optimism is on the rise, and it has a lot to do with Big Data.
BEVERLY HILLS MARKET SEES LARGEST INCREASE IN HOME SALES IN SUMMER 2015 ACROSS 33...
Sotheby’s International Realty today released its August 2015 Greater Los Angeles Market Update which showed the Beverly Hills market ranking with the highest percent increase of luxury homes sold year over year during June-August 2015 across the leading 33 Greater Los Angeles markets. Two submarkets in particular made the top five for the June-August 2015 report: Beverly Hills Post Office with an 85 percent increase and Beverly Hills proper with an 83 percent increase in single-family luxury home sales ($3 million and higher) as compared to the same time period last year.
City of Hayward Celebrates Groundbreaking of New Communities Near South Hayward BART
On Monday, September 21, 2015, the City of Hayward celebrated the groundbreaking of three new residential communities on the site of the former South Hayward BART overflow parking lots. Eden Housing is the developer of two affordable communities located off of Mission Boulevard that will provide in total 151 affordable apartments near the South Hayward BART station. AMCAL Equities is the developer of a market-rate community of 206 luxury apartments off of Dixon Street adjacent to the BART station.
MG Properties Group Sets Record in Reno; Acquires Two Properties Totaling 722 Units
MG Properties Group, a private San Diego-based real estate investor and operator, has announced the acquisition of two multifamily properties encompassing 722 units in the largest multihousing bulk transaction in the history of Reno, Nevada.
RE/MAX CEO to Address Hispanic Agent Gathering
When 2,000 Hispanic real estate agents from around the country meet in Chicago next week, they will hear the views of industry trailblazer Dave Liniger, RE/MAX CEO. He is the featured speaker during Monday’s Keynote Luncheon at the annual conference of the National Association of Hispanic Real Estate Professionals (NAHREP). The industry association has 20,000 members and was founded in 1999.
Kimpton Hotels & Restaurants Announces Hotel at One | Hundred | Mill
Hayden House Tempe, LLC, a partnership between San Diego-based Douglas Wilson Companies (“DWC”) and Hensel Phelps Development LLC, a subsidiary of Hensel Phelps based in Greeley, CO, announced they have signed a Hotel Operating Agreement with Kimpton Hotel & Restaurants to manage a new, luxury boutique hotel at One | Hundred | Mill in Tempe, Ariz.
Broker Portal Announces Progress on Branding, Vendor Selection, and MLS Agreement
Broker Public Portal LLC Chairman, Merle Whitehead released this update following the September 9th meeting of the Board of Managers: “As the momentum continues, I am pleased to provide this update on the development of the broker public portal project to our many supporters. In keeping with good practice, it is helpful to restate the rationale and goal of the project
Real Estate Powerhouses Esther Muller and Faith Hope Consolo Join Forces to Coach/Mentor
Combining the cumulative expertise they have garnered through decades in the residential and commercial real estate industries, respectively, real estate powerhouses Esther Muller and Faith Hope Consolo have formed a strategic alliance to help business newcomers and seasoned veterans take their success to the next level.
Hanley Investment Group Negotiates Sale of Two Anchored Retail Centers for Phillips Edison Totaling...
Hanley Investment Group, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that in separate transactions the company negotiated the sale of two shopping centers owned by Cincinnati, Ohio-based institutional investment firm Phillips Edison & Company.
Lila Delman Real Estate International Announces Significant Sale in Newport
Lila Delman Real Estate International, the source for exceptional real estate, reports the sale of 692 Bellevue Avenue in Newport. The luxury residence sold for US $2,500,000. Cynthia Morretti of Lila Delman Real Estate International represented the buyers in the transaction