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Daxon: Transfer of golf course to the city of Brea met with questions about future responsibility
News 2 months ago
Daxon: Transfer of golf course to the city of Brea met with questions about future responsibility

If you’ve viewed Nextdoor.com or Brea City Council meetings you are aware some residents are very concerned about the council’s recent vote taking...

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Small businesses and communities rely on Prop. 13: John Kabateck
News 2 months ago
Small businesses and communities rely on Prop. 13: John Kabateck

A study by the National Federation of Independent Business (NFIB) found only 22 percent of U.S. small-business owners own the property on which...

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‘Rising tide’ of tenants getting 60-day move-out notices in advance of statewide rent cap
News 2 months ago
‘Rising tide’ of tenants getting 60-day move-out notices in advance of statewide rent cap

A “rising tide” of California tenants have been getting pre-emptive, 60-day “notices to vacate” their apartments in advance of AB 1482, the state’s...

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Leaving the Golden State? Check out 5 most affordable places in California
News 2 months ago
Leaving the Golden State? Check out 5 most affordable places in California

Living in California puts the squeeze on many of us. Crazy high real estate prices mean that a lot of people never have the possibility of owning...

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Inland industrial property market nearing plateau, studies suggest
News 2 months ago
Inland industrial property market nearing plateau, studies suggest

The push to build and find tenants for warehouse properties in the Inland Empire continued at a brisk pace in the third quarter, but some industry...

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California AGs shouldn’t be taking sides writing ballot summaries: Dan Walters
News 2 months ago
California AGs shouldn’t be taking sides writing ballot summaries: Dan Walters

Article II Section 10(d) of California’s constitution is brief, to wit: “Prior to circulation of an initiative or referendum petition for...

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Status Update: Amazon Logistics will bump RV tenants in Mission Viejo
News 2 months ago
Status Update: Amazon Logistics will bump RV tenants in Mission Viejo

Amazon will soon replace an RV storage lot in Mission Viejo with a logistics hub. Amazon Logistics announced last week that it’s planning to open a...

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Real estate news: Plaza Verde, student housing at UCI, debuts with rents starting at $789 per person
News 2 months ago
Real estate news: Plaza Verde, student housing at UCI, debuts with rents starting at $789 per person

Plaza Verde, a new privately operated student housing community, has opened on the east side of UC Irvine’s campus. The apartments come fully...

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This mortgage exec’s opposition to Quicken Loans is a head-scratcher
News 2 months ago
This mortgage exec’s opposition to Quicken Loans is a head-scratcher

What’s up with mortgage rates? Jeff Lazerson of Mortgage Grader in Laguna Niguel gives us his take. Rate news summary From Freddie Mac’s weekly...

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2ND & PCH is open for business — and Long Beach’s southeastern gateway is officially transformed
News 2 months ago
2ND & PCH is open for business — and Long Beach’s southeastern gateway is officially transformed

People walk along the shopping center after the ribbon-cutting ceremony for the grand opening of 2nd & PCH Shopping Center in Long Beach on...

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Along the COAST: Real estate news for October 2019
News 3 months ago
Along the COAST: Real estate news for October 2019

LEGACY MIGHT GET NEW NEIGHBOR With the successful opening of Flight at Tustin Legacy, Lincoln Property Company‘s nine-building creative office...

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2ND & PCH, that highly anticipated retail site in a high-profile stretch of Long Beach, is nearly ready for its closeup
News 3 months ago
2ND & PCH, that highly anticipated retail site in a high-profile stretch of Long Beach, is nearly ready for its closeup

Nearly a decade of work will come to fruition for Jean Paul Wardy, president of CenterCal Properties, on Thursday, Oct. 24. And for property owner...

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Inland Empire leads region in job creation; no sign of recession here
News 3 months ago
Inland Empire leads region in job creation; no sign of recession here

Public projects are being built, property owners are making investments and medical clinics are looking for new staff. It’s all part of thousands...

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U.S. economy a mess of contradictions in housing, retail reports
News 3 months ago
U.S. economy a mess of contradictions in housing, retail reports

Housing data out Wednesday reinforced a recent upswing in the industry, but when combined with a surprising decline in retail sales, the reports...

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Real estate news: Anaheim office building sells for $7.3 million; Pomona cabinet company expands to Santa Ana
News 3 months ago
Real estate news: Anaheim office building sells for $7.3 million; Pomona cabinet company expands to Santa Ana

The Hancock Office Plaza in Anaheim has sold for $7.3 million, according to NAI Capital. Vice president Rosaleen O’Sullivan with NAI Capital’s...

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RHNA – The most troubling 4-letter word you’ve never heard of
News 3 months ago
RHNA – The most troubling 4-letter word you’ve never heard of

Sacramento knows best … just ask them. Laguna Niguel, like all California cities, has for years been the recipient of uninvited mandates from...

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Newsom signs SB 330, ‘Housing Crisis Act of 2019’ aimed at speeding up homebuilding
News 3 months ago
Newsom signs SB 330, ‘Housing Crisis Act of 2019’ aimed at speeding up homebuilding

Gov. Gavin Newsom signed a bill Wednesday, Oct. 9 aimed at boosting homebuilding in California by capping fees, slashing the time to get new...

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Newsom signs AB 1482, capping rent hikes across California
News 3 months ago
Newsom signs AB 1482, capping rent hikes across California

In a move being hailed as a major win by tenant advocates, California Gov. Gavin Newsom signed a sweeping rent cap bill into law Tuesday. Beginning...

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Fry’s Electronics still hanging on, but for how long?
News 3 months ago
Fry’s Electronics still hanging on, but for how long?

Click here if you’re unable to view the photo gallery on your mobile device. Walking into a Fry’s Electronics nowadays is nothing like it was...

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Cut out the broker, save 6%! Well, maybe not
News 3 months ago
Cut out the broker, save 6%! Well, maybe not

I told the owner of my building, hey if you decide to sell, call me first. I’ll buy it and we can avoid paying the 6%”. REALLY? This was a...

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Real estate news: Raising Cane’s new restaurant in Anaheim sells for $5 million
News 3 months ago
Real estate news: Raising Cane’s new restaurant in Anaheim sells for $5 million

A newly constructed Raising Cane’s Chicken Fingers restaurant in Anaheim has been bought for $5 million by an unnamed, Los Angeles-based investor,...

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Irvine food distributor that serves Starbucks, Chick-fil-A, Chipotle moving HQ to Texas
News 3 months ago
Irvine food distributor that serves Starbucks, Chick-fil-A, Chipotle moving HQ to Texas

Quality Custom Distribution, based in Irvine, makes 17,000 deliveries a week from 19 distribution centers across the country. (Courtesy: QCD)...

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Laguna Woods Village clubhouse rentals could include park
News 3 months ago
Laguna Woods Village clubhouse rentals could include park

Booking the “best view in the city” may soon be possible for Laguna Woods Village residents. During its regular meeting on Tuesday, Oct. 1, the...

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Forever 21 bankruptcy reflects teens pivot to eco-friendly options
News 3 months ago
Forever 21 bankruptcy reflects teens pivot to eco-friendly options

By Anne D’Innocenzio, The Associated Press For years, teens flocked to Forever 21’s massive stores at the nation’s malls for its speedy take on...

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New US rent regulations, like California’s, seen eroding apartment values
News 3 months ago
New US rent regulations, like California’s, seen eroding apartment values

Rent caps are starting to put pressure on apartment-building prices in the country’s most-expensive real estate markets. Multifamily properties in...

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Real estate news: Irvine investor buys Westport Plaza in Costa Mesa for $18.4 million
News 3 months ago
Real estate news: Irvine investor buys Westport Plaza in Costa Mesa for $18.4 million

Irvine-based Space Investment Partners has bought Westport Plaza & Square, a 39,000-square-foot leasehold retail center at 369 E. 17th Street in...

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Investors, investors, investors: Who owns your commercial real estate?
News 4 months ago
Investors, investors, investors: Who owns your commercial real estate?

Your investment stake in commercial real estate varies based on your use of said real estate. If you occupy your business address, you’re an...

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Projecting a large deficit, Los Alamitos is asking residents about potential taxes
News 4 months ago
Projecting a large deficit, Los Alamitos is asking residents about potential taxes

Los Alamitos is a small town in big trouble. Starting next year, according to staff budget projections, Los Alamitos will face a negative $1.4...

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Real estate news: At Home-Petsmart property in Lake Forest sells for $22.5 million
News 4 months ago
Real estate news: At Home-Petsmart property in Lake Forest sells for $22.5 million

A 121,883-square-foot portion of Foothill Ranch Towne Center occupied by At Home and Petsmart in Lake Forest has been sold for $22.25 million to an...

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High housing costs, homelessness still plague Orange County
News 4 months ago
High housing costs, homelessness still plague Orange County

Orange County has gotten older, smarter, more politically active and more prosperous in the past two years, an annual barometer of economic and...

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