Torrance shopping center sells for record price

Torrance shopping center sells for record price

A well-known shopping center in Torrance, anchored by a grocery store, has sold for a record price in the South Bay as real estate investors look for retail properties that don’t have... Read more »
FHA builds record reserves against a gathering storm

FHA builds record reserves against a gathering storm

The Federal Housing Administration has socked away record levels of cash in its mortgage insurance fund and could weather a housing crash without a taxpayer bailout, the agency said in its Dec.... Read more »
Matthews Closes Sale of Hartford-Area MOB at Record Cap Rate

Matthews Closes Sale of Hartford-Area MOB at Record Cap Rate

Matthews completed the sale of ProHealth Physicians of Bristol, located at 1251 Farmington Ave. in the Hartford suburb of Bristol, CT. SVPs & senior directors Rahul Chhajed, Michael Moreno and VP and director Tyler Swade represented... Read more »
Giant Gingerbread ‘Home Alone’ House Pops Up in Los Angeles and Smashes Guinness World Record

Giant Gingerbread ‘Home Alone’ House Pops Up in Los Angeles and Smashes Guinness World Record

A massive 25-foot gingerbread version of the iconic “Home Alone” house has popped up in Los Angeles, smashing a Guinness World Record. Disney+ and Hulu set out to celebrate the film’s 35th... Read more »
Amazon distribution center at LAX sells for record price

Amazon distribution center at LAX sells for record price

An Amazon warehouse near the gates of Los Angeles International Airport has sold for a record price as logistics centers near transportation hubs grow in value. The real estate investment arm of... Read more »

Record Delistings and Lower Rates Create a Mixed Market for Homebuyers and Sellers

The holiday season can bring a lull in open houses, but with mortgage rates hovering close to 6%, some homebuyers and sellers aren’t ready to slow down. “Any improvement in mortgage rates... Read more »
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 »
Southern California prices are at a record. Could relief be on the way?

Southern California prices are at a record. Could relief be on the way?

Southern California home prices hit a record for the third-straight month in May, but there could be some help on the horizon. Although home prices increased, more listings are finally coming onto... Read more »
Oakley founder sells Malibu mansion for 0 million, state record

Oakley founder sells Malibu mansion for $210 million, state record

In a historic deal, Oakley founder James Jannard has sold his Malibu mansion for $210 million. It’s the priciest home sale in California history. The blockbuster sale, which The Times is reporting... Read more »
NAIOP SoCal’s Night at the Fights Draws Record Attendance

NAIOP SoCal’s Night at the Fights Draws Record Attendance

More than 1,100 commercial real estate professionals turned up at this year’s NAIOP SoCal “007” themed Night at the Fights, held Oct. 10 at the OC Fair & Event Center in Costa Mesa. This... Read more »