Status Update: Fairmont Private Schools buys south county campus for $22.75 million
by Samantha Gowen, Staff report on May 25, 2020 at 3:30 pm
Also in the news: Kirkwood Orange, a senior living community located Orange, has been sold to Irvine-based MBK Senior Living. Terms were not disclosed.
Orange County real estate developer cleared of defrauding investors
by Jeff Collins on May 22, 2020 at 3:00 pm
Irvine-based Shopoff Realty had been accused of extensive securities fraud. But a hearing panel found “the evidence (is) insufficient to sustain the charge.”
How will coronavirus affect commercial real estate values?
by Allen Buchanan on May 16, 2020 at 12:00 pm
How will rents be impacted and at what return percentage will the market place settle? Pre-COVID found yield requirements in the 4.5-5% range. Now it’s anybody’s guess.
How 2 SBA loans can help owners finance commercial properties
by Allen Buchanan on May 13, 2020 at 3:07 am
Generally, SBA loans come in two flavors — 7(a) or 504.
Coronavirus fallout: Commercial real estate values drop 9% in April
by Jonathan Lansner on May 6, 2020 at 8:55 pm
The coronavirus outbreak halted what had been commercial real estate’s long rebound from the depths of the Great Recession, where values plummeted by one-third.
Orange County real estate patriarch Ronald Birtcher dies
by Jeff Collins on May 6, 2020 at 2:30 pm
As a leading member of a development dynasty, Ron Birtcher helped build the family business into a commercial real estate empire.
5 weeks down: What I’ve learned from stay-at-home mandate
by Allen Buchanan on April 25, 2020 at 12:00 pm
Who cares if you wear the same shirt twice or more? No starch, please. I’ve not shimmied into a suit in weeks. I’m a bit nervous about the COVID-19 – not the virus but the 19 pounds!
Bright spots in a dark coronavirus-affected commercial real estate world
by Allen Buchanan on April 11, 2020 at 12:00 pm
Those of you who know me realize I’m a “half-full” guy, an optimist. After all, commercial real estate brokerage requires us to be upbeat. Transactions can be clipping along nicely when something unforeseen derails them. To keep deals on track, you need to believe things will work out for the best using solid resolve and
Real estate news: 65 affordable apartments coming to Westminster
by Staff report on April 10, 2020 at 3:30 pm
When complete, the three-story supportive housing complex at 7122 Westminster Blvd. will include a variety of community spaces such as a homework room, conference rooms, art studio/maker space, a gym/fitness/dance room and a community room.
Status Update: Irvine Cottages, 12 homes and 72 beds, donated to Alzheimer’s nonprofit
by Staff report on April 6, 2020 at 3:30 pm
Also in the news: Vanguard University’s new student center is ready for students and all their gadgets.