Rancho Palos Verdes, Mission Viejo Malls Trade Hands

Rancho Palos Verdes, Mission Viejo Malls Trade Hands

Two retail centers in the Los Angeles area were sold by separate Orange County-based firms.  In Orange County, San Jose-based DJM Capital Group sold Gateway Center in Mission Viejo to an unnamed... Read more »
Logan Mohtashami says Trump’s tariffs won’t bring a trade war

Logan Mohtashami says Trump’s tariffs won’t bring a trade war

On this week’s episode of the RealTrending podcast, host Tracey Velt sits down with HousingWire Lead Analyst Logan Mohtashami to discuss his 2025 housing market forecast, interest rates, the potential impacts of... Read more »
NAR’s free-spending is unrivaled among housing trade groups

NAR’s free-spending is unrivaled among housing trade groups

NAR’s volunteer leaders receive financial benefits that no other nonprofit in the housing space comes close to matching, 990 filings reveal. Earlier this week the National Association of Realtors(NAR) made headlines for... Read more »
Parcels Trade at Rancho Santa Margarita Center in Breakup Strategy

Parcels Trade at Rancho Santa Margarita Center in Breakup Strategy

Faris Lee Investments closed the sale of Parcels 2 & 3 at Plaza Empresa in Rancho Santa Margarita for $19 million, or $485 per square foot. Senior managing director Scott DeYoung, managing... Read more »
Neighboring Apartment Properties Trade After 50-Year Hold

Neighboring Apartment Properties Trade After 50-Year Hold

Marcus & Millichap closed the sale of 4642 Oregon St., a nine-unit apartment property, and 4632 Oregon St., an eight-unit apartment property, both located in North Park, San Diego. The assets sold for $2,930,000... Read more »
Neighboring Apartment Properties Trade After 50-Year Hold

Universal Music-Leased Santa Monica Offices Trade for Reported $185M

Drawbridge Realty has acquired 2220 Colorado Ave., a 225,773-square-foot headquarters building in Santa Monica’s Silicon Beach neighborhood, for a reported $185 million. The building is 100% triple-net leased to Universal Music Group... Read more »
Riverside Apartments Trade with Interest-Only Loan Assumption

Riverside Apartments Trade with Interest-Only Loan Assumption

CBRE arranged the $10.15-million sale of the 44-unit Ramona Oaks Apartments at 3401 Ramona Drive in Riverside. The firm’s Eric Chen, Kevin Sin and Blake Torgerson represented both the buyer, WeJ&J LLC, and the seller, AB Ramona Oaks.... Read more »
Judge sides with trade groups, halts new CRA rules

Judge sides with trade groups, halts new CRA rules

A federal judge in Texas has granted a preliminary injunction to banking trade groups that seek to halt the implementation of new rules for modernizing the Community Reinvestment Act (CRA), according to... Read more »
Parcels Trade at Rancho Santa Margarita Center in Breakup Strategy

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 »
Judge sides with trade groups, halts new CRA rules

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 »