San Diego MF Owners Divest After 50 Years

San Diego MF Owners Divest After 50 Years

Marcus & Millichap closed the sale of Casa Florencia, a 12-unit apartment property located at 1433 Thomas Ave. in San Diego. The asset was sold for $5,300,000. “After owning and managing the apartments for over 50 years, the... Read more »
San Diego MF Owners Divest After 50 Years

Class A Offices Trade for $14M in Temecula

CBRE recently negotiated the sale of the Tower Office Plaza in Temecula for $13.8 million to Level Asset Capital. Matt Pourcho, Anthony DeLorenzo, Matt Harris and Bryan Johnson of CBRE’s Investment Properties represented the seller, Providence Real Estate Group.... Read more »
Trade groups commend Fannie Mae’s newest step to address buybacks

Trade groups commend Fannie Mae’s newest step to address buybacks

The new functionality, added to the quality control process, “gives mortgage lenders the opportunity to address loan defect concerns earlier in the review process,” Scott Olson, executive director of the Community Home Lenders... Read more »
Trade groups commend Fannie Mae’s newest step to address buybacks

Why is housing inventory growing with higher mortgage rates?

Weekly housing inventory data Mortgage rates are still above 7% and haven’t been able to break below 6.50% for some time now. With mortgage rates higher, will this stop inventory from growing... Read more »
Trade groups commend Fannie Mae’s newest step to address buybacks

Magistrate judge recommends $46M in restitution from former Live Well CEO

After attorneys made their cases for both the U.S. government and former Live Well Financial CEO Michael Hild regarding a restitution amount owed to the company’s creditors, a magistrate judge overseeing the... Read more »
Trade groups commend Fannie Mae’s newest step to address buybacks

Loan Factory sued by originators for alleged use of unauthorized information

California-based mortgage brokerage Loan Factory was sued by a class of loan originators, who allege that the company used their personal and professional information, without their authorization, on its website in an... Read more »
Spanish bungalow gets an ADU fit for its L.A. roots

Spanish bungalow gets an ADU fit for its L.A. roots

Like many tech workers, Jing Guo and Gabriel Taylor Russ left Chicago during the COVID-19 pandemic in search of warmer weather. “We were working remotely,” Guo says of their move to the... Read more »
Las Vegas Custom Home Lots with Lake Las Vegas views

Las Vegas Custom Home Lots with Lake Las Vegas views

Lake Las Vegas 30 minutes from Harry Reid International Airport with direct flights to most national and international destinations and  from the bright lights and entertainment of the World Sports and Entertainment... Read more »
UK, Europe real estate to surge as buyers eye investment opportunities

UK, Europe real estate to surge as buyers eye investment opportunities

Aerial view of the roof gardens at Gasholder Park in Kings Cross, London. Richard Newstead | Moment | Getty Images The U.K. looks poised to lead a European real estate resurgence this... Read more »
Sexual Assault Complaint Stresses Sanford’s ‘Control’ Over eXp Agents

Sexual Assault Complaint Stresses Sanford’s ‘Control’ Over eXp Agents

After largely beating back an attempt to get their claims tossed out of court, four female real estate agents have bolstered their complaint accusing eXp Realty and its founder and CEO Glenn... Read more »