MLS cracks down on listing violations
From: feedproxy.google.com
"Fines will range from $50 to $1,000
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Broker unplugged
From: feedproxy.google.com
"Letters From the Home Front
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Subsiding tide of California foreclosures?
From: feedproxy.google.com
"DataQuick reports decline in share of REO sales
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Clareity: Realtor.com app leads nationally
From: feedproxy.google.com
"ZipRealty, Trulia score poorly on reliability
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A tool to build expert reputation
From: feedproxy.google.com
"NAR's HouseLogic provides consumer content to members' blogs
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Meet the cash buyers: How the fix-and-flip investor thinks
From: feedproxy.google.com
"Nearly one in five buyers is an investor
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New BPO rules won't kill demand
From: feedproxy.google.com
"Broker price opinions will still be needed for pricing REOs, short sales
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Growth in HAMP program cools
From: feedproxy.google.com
"Borrowers continue to transition from trial to permanent loan mods
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ActiveRain offers 'virtual office' tour
From: feedproxy.google.com
"Behind the scenes at eXp Realty
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A recipe for next-gen real estate
From: feedproxy.google.com
"Focus on consumers, social media and technology is key
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FHA raising FICO floor, reducing seller concessions
From: feedproxy.google.com
"Changes meant to address losses in insurance fund
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A new kind of real estate walk-through
From: feedproxy.google.com
"Photosynth takes photo home tours 3-D
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Meet the cash buyers: Retirees find a second home
From: feedproxy.google.com
"41% of Phoenix-area sales in cash
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5 tips to bridging generational gap
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"Age is no barrier to real estate opportunities
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Expert puts agent safety first
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"About Us: People in Real Estate
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CoStar's Deals of Note (July 18-24)
From: www.costar.com
"SEATTLE
Cole Acquires City Center Plaza for $310 Million
By Brian White
In one of the largest real estate transactions of 2010, Cole Credit Property Trust III Inc., a non-traded real-estate investment trust managed by Cole Real Estate Investment..."
Amway Distributor Leases 155,484 SF
From: www.costar.com
"Alticor/Access Business Group, a Michigan-based manufacturer and distributor of consumer goods for Amway and other companies, signed a seven-year lease with Golden Springs Development Co. at the Golden Springs Business Center. It will fully occupy building..."
Pico Rivera Industrial Bldg. Sells for $2.5M
From: www.costar.com
"Tien Chun and Tien Shiang Pan acquired a 28,890-square-foot industrial building at 8226 Whittier Blvd. in Pico Rivera, CA, from Swami Equipment Leasing Co. for $2.5 million, or about $87 per square foot.
Built in 1955, the building is on a 3.1-acre..."
Two L.A. Multifamilies Trade for $12.2 Million
From: www.costar.com
"Rohit Mehta of Investment Corp. purchased two multifamily properties at 200 S. Sycamore Ave. and 11645 Gorham St. in Los Angeles, CA. The property on Sycamore totaled 19 units and was purchased for $4.95 million, or approximately $260,315 per unit. The..."
Jam'n Products Signs 3-Year Lease in L.A.
From: www.costar.com
"Jam'n Products Inc., a Vernon, CA-based wholesaler, signed an 85,550-square-foot lease for three years with Vernon Bandini Partnership. Jam'n will occupy more than half of the building.
The 147,300-square-foot industrial property is at 4177-4199 Bandini..."
In The Pipeline: CoStar Development and Construction News For July 18-24
From: www.costar.com
"In this week's Pipeline, a consensus of construction industry experts delivers a sobering forecast for commercial and other nonresidential building activity for the remainder of 2010; CGA Capital has pulled together $687 million in financing for Center..."
Lease Up/Lease Down (July 18-24): Daily News Relocates, J&J Cuts Jobs
From: www.costar.com
"CoStar compiles news of company expansions and relocations, as well as consolidations, closures and layoffs. Look for Lease Up and Lease Down every week, to stay updated on major corporate moves affecting commercial real estate.
In this week's issue..."
Helios Productions Buys Park Mile Office for $4.3M
From: www.costar.com
"Helios Productions, an entertainment and production company, purchased 4500 Wilshire Blvd. in Los Angeles from 4500 Wilshire LLC for $4.3 million, or nearly $317 per square foot. The new owner will occupy the third floor of the property and lease out..."
CoStar's People of Note (July 11-17)
From: www.costar.com
"This week's People of Note includes the following markets: Atlanta, Denver, Minneapolis, Orange County, Retail and Southern California
ATLANTA
Transwestern Adds to Asset Services Team; Wins 800,000-SF Assignment
The Atlanta branch of Transwestern..."
Finley To Lead Colliers' Integrated Client Services in O.C.
From: www.costar.com
"Michael J. Finley joined Colliers International Corporate Solutions as managing director. He will oversee the company s integrated client services efforts in Orange County, CA.
Finley got his start nearly two decades ago working for Grubb & Ellis,..."
Colony Capital Wins Second Billion-Dollar FDIC CRE Loan Portfolio from 22 Failed Banks
From: www.costar.com
"The Federal Deposit Insurance Corp. (FDIC) recently closed on a sale to Colony Capital LLC of 40% equity interest in a limited liability company (LLC) created to hold assets consisting of approximately 1,660 distressed commercial real estate loans with..."
Retail Development Planned for Redondo Beach
From: www.costar.com
"LaSalle Investment Management purchased 9 acres at 1515 Hawthorne Blvd. in Redondo Beach, CA, for $12 million, or about $1.33 million per acre.
The property, which is part of South Bay South Center, will be developed into a new 117,585-square-foot..."
JLL's Siteman Named President of SoCal Chapter of 7x24 Exchange
From: www.costar.com
"Jones Lang LaSalle's Michael Siteman has been named president of the Southern California Chapter of 7x24 Exchange International, a knowledge exchange for developers and users of mission-critical enterprise information structures.
Siteman and his board..."
Lease Down (July 11-17): Mergers & Acquisitions Lead to Layoffs
From: www.costar.com
"CoStar compiles news of consolidations, closures, layoffs and lease cancellations in the weekly Lease Down news report, a concise read keeping you updated on major corporate moves affecting commercial real estate. For news on corporate expansions..."
JLL To Take Over General Growth's Third-Party Mall Management and Leasing Business
From: www.costar.com
"Jones Lang LaSalle (NYSE: JLL) signed a strategic alliance with General Growth Properties (NYSE:GGP) under which JLL will take over GGP s third-party management and leasing responsibilities for 18 shopping centers totaling 11 million square feet across..."
Lease Up (July 11-17): Major Renewals Reveal Firms Cutting Back on Space
From: www.costar.com
"CoStar compiles news of corporate expansions, relocations and lease extensions in the weekly Lease Up news report, a concise read keeping you updated on major corporate moves affecting commercial real estate. For news on consolidatations and lease..."
The Gas Company to Remain in LA Skyscraper
From: www.costar.com
"Southern California Gas Co. (The Gas Company) is extending its stay in the Downtown Los Angeles office tower that bears its name, inking a 350,000-square-foot renewal.
MPG Office Trust signed the natural gas provider to a 15-year term, according to..."
Four Inglewood Retail Properties Trade for $3M
From: www.costar.com
"Inglewood Family Corp. sold five retail properties in Inglewood, CA, three on South La Brea Avenue and one on South Market Street, totaling 29,149 square feet. Navada LLC purchased the portfolio for nearly $3 million, or approximately $103 price per square..."
MMCC Promoted Petriella and Wise
From: www.costar.com
"Marcus & Millichap Capital Corp. promoted Adam J. Petriella and Jerry M. Wise (pictured) to the position of first vice president capital markets. This is one of the highest levels of recognition the firm awards to its loan originators.
Petriella and..."
Marcus & Millichap Promotes Ringer
From: www.costar.com
"Marcus & Millichap named Richard J. Ringer as first vice president investments in the firm's West Los Angeles office. Ringer received one of the highest levels of acknowledgment the company can offer to its investment specialists. Demonstrating a high..."
Pacific Palisades Multifamily Complex Trades for $15M
From: www.costar.com
"Rohit Mehta, owner of the Xenon Investment Corp., purchased the Sunset Plaza Apartments at 17250 W. Sunset Blvd. in Pacific Palisades, CA, from KMK Management for $15.15 million, or approximately $199,342 per unit.
The 76-unit property totals 64,344..."
CoStar's People of Note (July 4-10)
From: www.costar.com
"This week's People of Note includes the following markets: Atlanta, Chicago, Las Vegas, Milwaukee/Madison, Orange County, Phoenix, Portland, South Florida and Washington, DC.
WASHINGTON, DC
Avison Young Buys NoVa Firm; Taps 2 to Head New Branch
Toronto..."
SH Trading Pays $5.6M for City of Industry Property
From: www.costar.com
"SH Trading Inc. purchased the 85,053-square-foot industrial building at 900-908 Ajax Blvd. in City of Industry, CA, from 900 Ajax Partners LLC for $5.65 million, or approximately $66 per square foot.
The property is on 4.67 acres and has heavy power..."
SingerLewak Inks $9.8 Million Renewal/Expansion
From: www.costar.com
"Singer Lewak Greenbaum Goldstein (SingerLewak), a top accounting services and consulting firm, signed a 10-year, $9.8 million renewal/expansion for 25,258 square feet at 10960 Wilshire Blvd. in Los Angeles.
The 24-story, 595,000-square-foot office..."
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