IPA-Brokered Sale Sets Record for Santa Barbara County

IPA-Brokered Sale Sets Record for Santa Barbara County

Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of La Vista Apartments, a 460-unit multifamily asset in Santa Maria, for $116 million or $252,174 per unit. According to... Read more »
IPA-Brokered Sale Sets Record for Santa Barbara County

West Harbor Adds Redondo Beach Industrial to SoCal Portfolio

West Harbor Capital, a real estate investment firm focused exclusively on infill industrial properties, acquired a 33,673-square-foot industrial building located at 2551 Santa Fe Ave. in Redondo Beach. West Harbor immediately launched... Read more »
Why developers are turning to modular for sustainability and resilience

Why developers are turning to modular for sustainability and resilience

In response to drastic economic changes and environmental concerns, industries are quickly realizing the benefits of investing in sustainable practices that can positively impact their business operations. Modular construction provides housing developers... Read more »
Treasury, FHFA take key steps for ‘orderly’ exit of GSEs from conservatorship

Treasury, FHFA take key steps for ‘orderly’ exit of GSEs from conservatorship

“The GSEs are integral to homeownership and rental housing, and the transition to a post-conservatorship era must be done the right way with an ample timeline. MBA stands ready to work with... Read more »
Treasury, FHFA take key steps for ‘orderly’ exit of GSEs from conservatorship

Reverse mortgage pros on partnering with the forward side in 2025

“The simplest way to present this program is actually the purchase,” he said. “I think we’ve missed that over the years. And in fact, those of us in the reverse business, including... Read more »
Why developers are turning to modular for sustainability and resilience

California to address home insurance in high-risk wildfire areas

The California Department of Insurance unveiled a new regulation this week that aims to increase homeowners insurance coverage in areas prone to wildfires, a response to the recent pullback in policies by... Read more »
Treasury, FHFA take key steps for ‘orderly’ exit of GSEs from conservatorship

CMLS Chair John DiMichele on the state of multiple listing services

The long shot for MLS and CMLS is to make sure that we communicate these things and that people understand how valuable they are. Our concept is, let’s keep moving forward. Let’s... Read more »
Why developers are turning to modular for sustainability and resilience

Oren Alexander faces another rape allegation

The sexual assault lawsuits against Oren Alexander keep piling up. A woman filed a civil suit in Colorado this week, alleging that the New York real estate broker and his twin brother... Read more »
Results Realty expands in Chicago with Mark Allen acquisition

Results Realty expands in Chicago with Mark Allen acquisition

Results Realty ERA Powered, located in St. Charles, Illinois, has acquired Chicago’s Mark Allen Realty, giving the combined firm three offices and 80 agents. Mark Allen, led by broker Matt Liss, will... Read more »
Marin caps short-term rentals, saying coastal communities are dying

Marin caps short-term rentals, saying coastal communities are dying

DILLON BEACH, Calif. —  A stay in Brian Maggi’s house, per the Airbnb listing, is what coastal California dreams are made of. “Bathed in natural sunlight,” it reads, you can “enjoy unobstructed panoramic... Read more »