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Rent Control Measure Added to California’s November Ballot

Rent Control Measure Added to California’s November Ballot

by Phil Hall | Jul 5, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California voters will have a chance this November to rewrite the state’s law relating to rent control. The proposed Justice for Renters Act was added to the statewide ballot as Proposition 33. The ballot initiative consists of a single sentence: “The state may not...
Nonprofit Backed by Realtors’ Group Sues Beverly Hills Over Rejected Development

Nonprofit Backed by Realtors’ Group Sues Beverly Hills Over Rejected Development

by Phil Hall | Jul 2, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

A nonprofit group sponsored by the California Association of Realtors (CAR) announced it was suing the City of Beverly Hills for rejecting an application to build a 165-unit mixed-used development. The project’s proposed location is a vacant lot in an area...
Sotheby’s International Realty Expands in California’s Central Valley

Sotheby’s International Realty Expands in California’s Central Valley

by Phil Hall | Jul 1, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

Sotheby’s International Realty has expanded into California’s Central Valley with the addition of Valley Sotheby’s International Realty. Headquartered in Modesto, Valley Sotheby’s International Realty will serve the communities of Stanislaus,...
Hits and Misses for the Real Estate Week of June 17-21

Hits and Misses for the Real Estate Week of June 17-21

by Phil Hall | Jun 21, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Disappointing housing and personal finance data reports, an unlikely business enjoying property tax breaks and a land transfer that rights a historic wrong. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 17-21. Miss:...
Cityview Acquires Bay Area Multifamily Complex

Cityview Acquires Bay Area Multifamily Complex

by Phil Hall | Jun 21, 2024 | News/Current Events, Real Estate Investing, U.S. Housing Market, WRE News Exclusive

Cityview, a multifamily investment management and development firm, has acquired Tralee Village Apartments in the Bay Area city of Dublin, California. The financial terms of the deal were not disclosed. Built in 2011, Tralee Village Apartments encompasses two...
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