BWE Arranges M in Financings for SoCal Properties

BWE Arranges $86M in Financings for SoCal Properties

BWE arranged a combined $86,200,000 in financing for seven commercial and multifamily properties in Orange, Riverside, and Los Angeles counties. The BWE Los Angeles office originated the financing from life company lenders, a bank... Read more »
BWE Arranges M in Financings for SoCal Properties

USC Casden Forecast Calls for SoCal Rent Increases to Continue

This year’s University of Southern California Casden Real Estate Economics Forecast predicts rent increases for the next two years throughout the region.  However, the annual report also noted that the economy’s surprising resilience... Read more »
Northmarq Lists Senior Living Portfolio Across SoCal

Northmarq Lists Senior Living Portfolio Across SoCal

Northmarq’s Westlake Village Multifamily Investment Sales team led by Jim Fisher, Mike Smith, Vince Norris and Tommy Yates has listed a four-property senior living portfolio totaling 705 units. Northmarq is representing the seller. Asking price was not disclosed. The mixed-income, age-restricted portfolio... Read more »
Anaheim Ranks as Priciest SoCal Market for “Starter” Homes

Anaheim Ranks as Priciest SoCal Market for “Starter” Homes

Prospective buyers in Anaheim looking to get a “starter home” with a 30-year mortgage at current rates need at least $251,000 in annual household income, the most of any city in Southern... Read more »
BWE Arranges M in Financings for SoCal Properties

Rexford Snags $1B of SoCal Industrial from Blackstone

Rexford Industrial Realty has acquired approximately 3,008,000 square feet of industrial properties in separate transactions with Blackstone Real Estate, including the Blackstone Property Partners strategy as well as Blackstone Real Estate Partners... Read more »
Jamie Duran joins Christie’s to lead SoCal expansion efforts

Jamie Duran joins Christie’s to lead SoCal expansion efforts

Christie’s International Real Estate appointed Jamie Duran as executive vice president and managing director of its  Beverly Hills-based affiliate, the company announced on Wednesday. Prior to joining Christie’s, Duran was affiliated with... Read more »
Rainstorms Hasten Soil Movement Beneath SoCal Houses

Rainstorms Hasten Soil Movement Beneath SoCal Houses

Mansions perched on the edge of oceanfront cliffs in Dana Point. Homes red-tagged across shifting soil in Rancho Palos Verdes. Mudslides hurling debris into homes in Studio City. The river of storms... Read more »
SoCal Agents Look for Homes to Sell Through Robocalls

SoCal Agents Look for Homes to Sell Through Robocalls

New real estate agents desperate for leads in the slumping Southern California market have turned to last-ditch ploys to find a listing: artificial intelligence and state-of-the-art robocalls. With single-family home sales across... Read more »
Irvine Company Veteran and Bain Partner on SoCal Townhomes

Irvine Company Veteran and Bain Partner on SoCal Townhomes

A former Irvine Company executive has made a bet on Bain Capital Real Estate and townhomes for Southern California renters. Chris Marsh, now head of Newport Beach-based Cherry Tree Capital Partners, has... Read more »
SoCal Homebuyer Needs K Raise to Buy a Typical House

SoCal Homebuyer Needs $73K Raise to Buy a Typical House

In a bygone era two years ago, a typical family in Southern California needed to earn $134,000 to buy a median-priced house. The same family must now rake in $207,000. A local... Read more »