West Harbor Completes Deal for City of Industry Distribution Property

West Harbor Completes Deal for City of Industry Distribution Property

West Harbor Capital, a real estate investment firm focused exclusively on infill industrial properties, closed the $16.5-million acquisition of a 69,498-square-foot multi-tenant distribution facility located at 14313-14351 E Bonelli St. in the City of... Read more »
West Harbor Completes Deal for City of Industry Distribution Property

Hollywood Burbank Airport Breaks Ground on $1.2B Terminal

The Burbank-Glendale-Pasadena Airport Authority (BGPAA) recently broke ground on a new passenger terminal at Hollywood Burbank Airport. Known as “Elevate BUR,” the $1.2-billion, 355,000 square-foot terminal will replace the existing terminal to... Read more »
How AI and a changing rental market will shape property management in 2024

How AI and a changing rental market will shape property management in 2024

Two complex factors are set to transform the rental market in 2024, creating new challenges and opportunities for property managers. The first is the ongoing impact of artificial intelligence (AI) tools, which... Read more »
How AI and a changing rental market will shape property management in 2024

NRMLA returns to West Coast for 2024 annual reverse mortgage meeting

The National Reverse Mortgage Lenders Association (NRMLA) announced that it will return to the Western U.S. for its 2024 annual meeting, which will take place slightly earlier in the year than usual,... Read more »
How AI and a changing rental market will shape property management in 2024

Fannie Mae economists offer housing market outlook, potential timeline for interest rate cuts

Kim: Fannie Mae removed its explicit call for a recession in 2024 and now expects “below-trend growth.” At this point, how high is the risk for a recession? Duncan: It was more... Read more »
How AI and a changing rental market will shape property management in 2024

UWM sues another broker shop over ‘the ultimatum’

Three years into its controversial ultimatum, United Wholesale Mortgage (UWM) continues to engage in legal battles with its broker partners selling loans to rivals Rocket Mortgage and Fairway Independent Mortgage Corp.  UWM on Thursday when filed a lawsuit... Read more »
How AI and a changing rental market will shape property management in 2024

Mortgage rates poised to drop to 5.5% in 2024: Bloomberg

Most economists forecast mortgage rates to decline in 2024, stoking optimism about the housing market. According to the newest Bloomberg Markets Live Pulse Survey (MLIV Pulse), the rate on the 30-year fixed... Read more »
How AI and a changing rental market will shape property management in 2024

Buyers can afford more expensive homes on the back of lower mortgage rates: Redfin

Homebuyers are getting some relief in 2024 as mortgage rates recede from their 20-year high point of last October. A homebuyer with a $3,000 monthly budget has gained nearly $40,000 in purchasing... Read more »
How AI and a changing rental market will shape property management in 2024

6 best Utah real estate schools for 2024

Course Formats: Online courses with full access to the instructor. Course Schedule & Access: Self-paced interactive online content. Live Online courses and webinars require the use of Zoom. Pass Guarantee or Refund... Read more »
Opinion: Why is housing unaffordable in L.A.? Here’s the sorry history

Opinion: Why is housing unaffordable in L.A.? Here’s the sorry history

The high cost of housing is driving Southern California’s biggest challenges. Income is not keeping pace with housing costs. It hasn’t for at least two generations, and the problem of unaffordable shelter... Read more »