Rexford Snags B of SoCal Industrial from Blackstone

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 »
Rexford Snags B of SoCal Industrial from Blackstone

Progressive’s Roxy Klein Named 2024 President of ACRE SoCal

Roxanne “Roxy” Klein of Rancho Cucamonga-based Progressive Real Estate Partners has been named the new 2024 president of ACRE (Association of Commercial Real Estate) SoCal. In this volunteer role, Klein will lead the ACRE board... Read more »
1.1M SoCal Homes Face Risk of Flash Flood Damage

1.1M SoCal Homes Face Risk of Flash Flood Damage

Double-barreled storms across Southern California this month caused hundreds of mudslides — and highlighted an increasing risk of flooded homes. One in five residential properties, or 1.1 million houses, condominiums and apartments... Read more »
Rexford Snags B of SoCal Industrial from Blackstone

Rexford’s Schwimmer to be Inducted into NAIOP SoCal Hall of Fame

NAIOP SoCal will induct Rexford Industrial co-CEO and director Howard Schwimmer into its Hall of Fame as part of its 2024 Industry Awards Gala. The event is scheduled for May 16 at the... Read more »
Job Growth in SoCal Real Estate Jumps to Seven-Year High

Job Growth in SoCal Real Estate Jumps to Seven-Year High

Real estate jobs have rebounded across Southern California with the hottest hiring spree in seven years, despite sluggish home sales in the wake of higher interest rates. Property-related work across Los Angeles,... Read more »