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Regal Ventures Acquires West Hollywood Retail Condo

Regal Ventures Acquires West Hollywood Retail Condo

by Phil Hall | Jan 8, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Regal Ventures, a real estate investment firm headquartered in New York City, has acquired 8500 Sunset Blvd., a 37,900-square-foot retail condo and 178-space parking garage in West Hollywood, California. The property is located on the city’s Sunset Strip and is 100%...
California Home Sales Plummet to 16-Year Low

California Home Sales Plummet to 16-Year Low

by Phil Hall | Dec 19, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California’s existing home sales in November recorded their greatest monthly decline in the past year and plummeted to the lowest level since the Great Recession, according to new data from the California Association of Realtors (CAR). Closed escrow sales of existing,...
Institutional Property Advisors Brokers $171 Million California Multifamily Portfolio Sale

Institutional Property Advisors Brokers $171 Million California Multifamily Portfolio Sale

by Phil Hall | Dec 18, 2023 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), has announced the $171.25 million sale of a two-property, 399-unit multifamily portfolio in Thousand Oaks, California. The portfolio features Los Robles Apartments, a 253-unit...
Caribou Industries to Begin Work on Mixed-Use Development in Santa Ana, California

Caribou Industries to Begin Work on Mixed-Use Development in Santa Ana, California

by Phil Hall | Dec 12, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Caribou Industries Inc., a contractor and developer of residential, commercial and resort real estate, announced that it has pulled $5.6 million in building permits and executed a disposition and development agreement with the city of Santa Ana in Orange County,...
California, New Jersey and Illinois Cited as Most At-Risk Q3 Housing Markets

California, New Jersey and Illinois Cited as Most At-Risk Q3 Housing Markets

by Phil Hall | Dec 7, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California, New Jersey and Illinois have the highest concentrations of the most-at-risk housing markets in the country, with the biggest clusters in the New York City and Chicago areas and in central California, according to the third quarter Special Housing Risk...
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