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Catalyst Impact Fund Acquires San Jose Multifamily Community for Affordable Housing

Catalyst Impact Fund Acquires San Jose Multifamily Community for Affordable Housing

by Phil Hall | Feb 2, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Catalyst Impact Fund, Inc. (CIF), a California-based nonprofit housing investor, has acquired 787 The Alameda, a 168-unit multifamily community in San Jose. The financial terms of the deal were not disclosed. CIF stated future leasing at the 2018-built property will...
Russell Square Secures MEP Licenses for California

Russell Square Secures MEP Licenses for California

by Phil Hall | Jan 29, 2024 | Current News & Events, Industry Updates, 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 | Current News & 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 | Current News & Events, Industry Updates, 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 | Current News & 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...
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