Orange County

  • More Than Half of Resetting HELOCS Are Underwater

    IRVINE, CA—According to a new report from RealtyTRAC, the estimated balance of resetting HELOCs is at $158 billion, with $88 billion on underwater homes. California, Florida, Illinois are expected to have the most resets.

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  • TRI Pointe Homes Reports Post-Merger Results

    IRVINE, CA—After its July merger with Weyerhaeuser, adjusted 4th quarter earnings rose 17%, and the company has been rebranded TRI Pointe Group.

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  • Single-Tenant Retail Property Brings $25.9M

    FOUNTAIN VALLEY, CA—The 6.5 acre site that includes a Curacao Department Store was acquired by Spirit Realty Capital, a publicly-traded Arizona REIT whose core business is single-tenant sale/leaseback.

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  • ‘Today’s Debt is Tomorrow’s Equity’

    NEWPORT BEACH, CA—Speakers at the Money Chase, which featured a panel of capital experts, say that today’s low-interest-rate environment is like money in the bank for investors, and they’re not concerned about long-term rates.

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  • Affiliate Plucks Another So. County Asset

    LAKE FOREST, CA—GlobeSt.com learns EXCLUSIVELY that an affiliate of Menlo Equities LLC has purchased a 76,841-square-foot office asset here, following its recent acquisition of Campus South County in Foothill Ranch, CA.

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  • Auction.com Acquires Channel LLC Platform

    IRVINE CA—Transaction will allow Auction.com to accelerate its expansion into move-in ready real estate, and offer a consumer and broker-friendly online real estate platform.

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  • CA, Preparing for the Big One

    LOS ANGELES—In this EXCLUSIVE commentary, Scott Adan, the director of seismic assessment at IVI International, takes a closer look at California’s seismic retrofit ordinances.

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  • What Retail Investors Are Coveting Today

    NEWPORT BEACH, CA—Investors of all stripes are craving core or ‘best’ assets in which to place their money, but very little of this type of product is available on the market today, CBRE’s Phil Voorhees tells GlobeSt.com EXCLUSIVELY .

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  • Huntington Beach Walgreen's Brings Record California Price

    HUNTINGTON BEACH, CA—The triple-net-leased drugstore sold for $16 million, or $1,162 per square foot, both record prices for a Walgreen's drugstore sold in California.

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  • Ground-Up Office to Start in Late ’15

    ORANGE COUNTY, CA—Several commercial office buildings are expected to break ground in the Irvine area late this year as users seek ‘lifestyle office’ space, the new moniker for creative office, experts tell GlobeSt.com in this EXCLUSIVE story.

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  • Expanding a Firm’s Property-Sector Reach

    IRVINE, CA—Passco Cos.’ Bob Peterson tells GlobeSt.com EXCLUSIVELY how his new position will allow the firm to augment its reach into various property sectors now that the economy is getting back on track.

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  • Capital Likes OC as Markets Grow Pricier

    FOOTHILL RANCH, CA—CBRE’s Kevin Shannon tells GlobeSt.com EXCLUSIVELY that there are ‘lots of green lights’ for lending in the Orange County office arena, and lenders are beginning to loosen their underwriting standards.

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  • Flip Share Dropped in 2014

    IRVINE, CA—Although the share of flips of single family homes grew in Q4, they represented just 5% of all home sales throught the year, the lowest share since 2011, according to a year-end report from RealtyTrac.

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  • Beating the Competition in Land Buys

    IRVINE, CA—Time is of the essence when it comes to winning land bids, so access to the proper data and advice in real time is crucial, Market InSite’s Bob McFarland tells GlobeSt.com in this EXCLUSIVE interview.

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  • How Flippers Are Increasing Value-Add

    LADERA RANCH, CA—Brad Rust and Joe Gigliello of Pivotal Capital Group tell GlobeSt.com EXCLUSIVELY there will be more heavy rehab transactions as investors try to create more value to generate attractive property margins.

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  • Suburban Planning Embraces Urban Feel

    LAKE FOREST, CA—The urbanization of the suburbs, meaning pedestrian-friendly neighborhoods where people live, play and work, is making its way into master-planned communities, Meta Housing Corp.’s Shaun Bradley tells GlobeSt.com EXCLUSIVELY .

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  • Shorebreak’s New Owner Revamps Management

    HUNTINGTON BEACH, CA—After acquiring the Shorebreak Hotel here, DiamondRock Hospitality Co. brings in Kimpton to manage the property, looking for enhanced operating results for its $58.5-million purchase.

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  • Financing Arranged for Recently-Constructed Class A Residential

    IRVINE, CA—HFF Arranged the loans for Lyon Communities for a total of more than $166 million.

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  • Auction.com Sees Rebound in Home Sales

    IRVINE, CA—The firm is projecting a 6.6% year-over-year increase this month even as the national market faces “extraordinarily limited inventory” among other headwinds, says EVP Rick Sharga.

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  • How Power Centers Have Been Redefined

    COSTA MESA, CA—No longer dominated by traditional big-box retailers, today’s power centers offer the needs-based stores and services to which consumers are drawn, Donahue Schriber’s Pat Donahue tells GlobeSt.com in this UPDATE .

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