A mixed-use property at 4311 Eagle Rock Blvd. in Los Angeles has sold to Opus Builders LA for $1,445,000 in an off-market transaction. Kidder Mathews’ Darin Beebower, Mark Ventre, and Arian Rejaei represented Opus... Read more »
NAIOP SoCal will induct Rexford Industrial co-CEO and director Howard Schwimmer into its Hall of Fame as part of its 2024 Industry Awards Gala. The event is scheduled for May 16 at the... Read more »
Real estate jobs have rebounded across Southern California with the hottest hiring spree in seven years, despite sluggish home sales in the wake of higher interest rates. Property-related work across Los Angeles,... Read more »
Not all office buildings have trouble finding new money. The California State Teachers’ Retirement System has scored a $70 million loan to refinance its 337,400-square-foot office building at 11755 Wilshire Boulevard, according... Read more »
Nevada’s unusual commission lawsuit is no longer so unusual. When the copycat commission suit was initially filed in early January by Nevada home seller Nathaniel Whaley, the complaint named just Realtor associations... Read more »
Pending home sales rose 8.3% month over month in December, according to the newest data from the National Association of Realtors (NAR). It was the largest monthly jump in pending home sales... Read more »
The past three years in the mortgage industry were cutthroat, with origination volume shrinking, and while things are looking better for 2024, lenders are still in a position where they must make... Read more »
The U.S. Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) issued a management alert this week, saying that the department has struggled to identify and prevent “improper... Read more »
Beverly Hills, an epicenter for state builder’s remedy projects, now faces the biggest of them all: a plan by Crescent Heights to build a 20-story residential tower looking down on the affluent... Read more »
A Federal Housing Administration (FHA)-sponsored Home Equity Conversion Mortgage (HECM) requires a borrower to be at or over the age of 62 to qualify for a loan, making baby boomers most of... Read more »