Real Estate

Real Estate

Millennials Haven’t Written Off Homeownership

More Than Half Expect To Buy Within Five Years, A.A.R. reports Contrary to popular belief, millennials still highly value homeownership, and a majority expect to buy a home in the next five years, according to the ARCADIA ASSOCIATION OF REALTORS. A survey of young adults aged 18-34 conducted by the California Association of Realtors® concludes…

Real Estate

California home sales maintain pace in September as price gains temper and market balances, A.A.R. reports

California home sales remained steady in September, as home price gains eased back from an unusually high increase in August, the ARCADIA ASSOCIATION OF REALTORS® (A.A.R.) said recently. Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 396,440 units in September, according to information collected by the…

Pathfinder Partners Announces Final Closing of Lux Home Fund
Real Estate

Pathfinder Partners Announces Final Closing of Lux Home Fund

-Courtesy photo Pathfinder Acquires, Rehabilitates $50 Million of Luxury Homes Near L.A.’s Sunset Strip Pathfinder Partners, LLC, a San Diego-based private equity fund manager that makes opportunistic real estate investments, today announced the final closing of its Pathfinder Lux Home Fund – a $12 million fund launched earlier this year to acquire and reposition high-end…

West Hollywood Design District’s Retrospective Celebrating 6 Decades of History
Real Estate

West Hollywood Design District’s Retrospective Celebrating 6 Decades of History

Cecconi’s restaurant on Melrose Avenue in West Hollywood with indoor and outdoor spaces designed by London-based interior designer Martin Brudnizki. Photo Courtesy: Soho House Group Herman Miller showroom photographed in 1949 at 8806 Beverly Boulevard in West Hollywood, designed by Charles and Ray Eames. Photo credit: Charles Eames, courtesy of Herman Miller Inc. The West…

Shorenstein Completes Purchase of 707 Wilshire in Los Angeles
Real Estate

Shorenstein Completes Purchase of 707 Wilshire in Los Angeles

-A sample Shorenstein property – photo courtesy of www.shorenstein.com 60-story urban high-rise sits in downtown LA’s resurgent downtown core Shorenstein Properties LLC, a private real estate investment firm and fund sponsor engaged in the ownership of high quality office and mixed-use properties nationwide, recently confirmed the purchase of 707 Wilshire, a 1.1 million square foot…

Real Estate

Lucescu Realty Announces Financing of Huntington Oaks Center in Monrovia for $71 Million

Mark Lucescu, President of Lucescu Realty, a market leading investment real estate services firm, announced in September the financing of Huntington Oaks Shopping Center in the City of Monrovia, California, for $71.0 million. Lucescu Realty exclusively represented the interests of the borrower, Huntington Oaks Delaware Partners, LLC and procured the lender, Bank of America, N.A….

Real Estate

HUD Takes Action in California in Cases Where Hostile Apartment Rules against Children include No Playing Outside

Children allegedly forced to clean toilets when found playing outside; families threatened with eviction The U.S. Department of Housing and Urban Development (HUD) announced that it has reached a discrimination settlement agreement with a Napa Valley apartment owner and charged the owners of a Lenexa, Kansas, apartment complex with discrimination as a result of management…

Real Estate

HUD and VA Team Up to Help 2,115 Homeless Veterans In California Find Permanent Homes

HUD-VASH vouchers to build on national effort to end Veteran homelessness The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) today announced $18.8 million in rental vouchers to local public housing agencies in California to help 2,115 homeless veterans find permanent supportive housing. These vouchers are provided…

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