State Farm General Insurance Co. announced it will not be renewing 72,000 property insurance policies in California. In a statement on its website, the Bloomington, Illinois-headquartered carrier stated it “had to make some difficult but necessary decisions that will...
Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 290,020 in February, according to new data from the California Association of Realtors (CAR). This represented a 12.8% increase from the...
Billionaire tech investor Marc Andreesen has listed his mansion in the ultra-upscale town of Atherton, California for $33.3 million. The Wall Street Journal reported that Andreessen – who co-founded Netscape and whose venture-capital firm Andreessen Horowitz were...
Greystone, a New York City-based commercial real estate finance company, has provided $19 million in bridge-to-agency financing for Tower Apartments, a 118-unit multifamily property in the Los Angeles suburb of Bellflower, California. Tower Apartments contains a...
Marcus & Millichap (NYSE:MMI) announced the sale of Chateau de Ville, a 254-unit multifamily property in Anaheim, California for $79 million, or $311,326 per unit. Built in 1970 on nine acres, Chateau de Ville is a 21-building, controlled-access community with a...
Mainstay Raises $18 Million and Buys Truelist in Push Into Real Estate Brok…
