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Russell Square Secures MEP Licenses for California

Russell Square Secures MEP Licenses for California

by Phil Hall | Jan 29, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Russell Square Inc., a construction and development company focusing on the multifamily sector within the western half of the country, announced it has officially obtained its Mechanical, Electrical, and Plumbing (MEP) licenses in the state of California. With the...

California’s Home Sales Remain Near 16-Year Low

by Phil Hall | Jan 18, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California’s home sales during December remained near the 16-year low reached in November while sales for the full-year 2023 experienced the steepest drop since 2007, according to data from the California Association of Realtors (CAR). Closed escrow sales of existing,...
California City Takes State Housing Mandate Case to Appeals Court

California City Takes State Housing Mandate Case to Appeals Court

by Phil Hall | Jan 12, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The City of Huntington Beach, California, is pressing ahead in a legal challenge against the state’s housing mandates. The Los Angeles Times reported the city filed an appeal in the Ninth Circuit Court of Appeals yesterday seeking a reversal of a November decision...
California Home of Monkee Michael Nesmith Sells for $3.25 Million

California Home of Monkee Michael Nesmith Sells for $3.25 Million

by Phil Hall | Jan 10, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Carmel Valley, California-based residence of Monkees singer-songwriter Michael Nesmith was sold for $3.25 million after 17 days on the market. Realtor.com reported the three-bedroom, 3.5-bath home was listed in late November for $3.5 million. The 3,365-square-foot...
Tejon Ranch to Begin Construction on Multifamily Community

Tejon Ranch to Begin Construction on Multifamily Community

by Phil Hall | Jan 9, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Tejon Ranch Co. (NYSE:TRC) announced plans to move forward with the development of residential communities at its 270,000-acre land holding located approximately 60 miles north of Los Angeles. The company plans to begin construction on Terra Vista at Tejon, a new...
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