Real estate news: Mission Viejo land destined for 60 townhomes sells for $10 million
by Staff report on September 25, 2020 at 3:30 pm
Also in the news: Huntington Beach buys 1 acre of land to build low-income housing.
Real estate news: Keck Medicine opens oncology infusion center in Buena Park
by Staff report on September 18, 2020 at 3:00 pm
Also: Newport Beach-based SRS Real Estate Partners’ National Net Lease Group brokers the $6.8 million sale of a retail property occupied by Raising Cane’s Chicken Fingers in Temecula.
LA’s U.S. Bank Tower sells for $430 million to Manhattan developer
by City News Service on September 16, 2020 at 5:20 pm
Silverstein Properties bought the 1.4 million-square-feet office building from Singapore real estate company OUE Ltd.
Newport Beach investors buy high-end Bay Area shopping center
by George Avalos on September 14, 2020 at 7:07 pm
One of the challenges facing the new owners — and a challenge that has confronted Blackhawk Plaza’s owners over the years — is that the complex isn’t visible from the freeway.
Are 1031 exchanges at risk if Congress closes the tax loophole?
by Allen Buchanan on September 12, 2020 at 12:00 pm
California has proposed a 16.8% marginal tax through Assembly Bill 1253 aimed at those who earn more than $5 million annually.
Real estate news: Virtual seminar to explore ADUs or house add-ons
by Staff report on September 11, 2020 at 3:00 pm
The 60-minute virtual seminar will be held from 12 noon to 1:00 pm Wednesday, Sept. 30. Representatives with Superior ADUs in Irvine will be the featured speakers. Time will be provided for questions and answers.
J.C. Penney lenders, landlords sign deal to keep retailer open
by Bloomberg on September 9, 2020 at 8:11 pm
The tentative rescue deal, which would preserve about 70,000 jobs, includes a $300 million equity investment by the landlords, a lawyer for J.C. Penney said at a Wednesday bankruptcy hearing in Texas.
Proposition 15 and splitting the roll: A look at who pays what
by Allen Buchanan on September 4, 2020 at 10:07 pm
You, as a tenant, would be well advised to review your lease carefully.
Real estate news: LoanDepot to hire hundreds at virtual job fair; Inn at Mission San Juan Capistrano opens
by Samantha Gowen, Staff report on September 4, 2020 at 3:30 pm
The hotel, part of Marriott’s luxury Autograph Collection, has 125 hacienda-style rooms and seven luxury suites set on 4 acres.
Why business transitions are soaring: Sales, exits and shutdowns
by Allen Buchanan on August 29, 2020 at 12:00 pm
California has made life quite difficult for anyone starting or managing a business. A noose of strangling regulation – licensing, enviro compliance, conditional use permitting, zoning – hangs over new and existing companies.