Hemet
Hemet, CA · Real Estate
Climate Crisis 247
Homes Are Falling Into Ocean In California
connectcre.com
SoCal Family Office Snaps Up Apartments in Competitive Modesto Submarket
The Mogharebi Group (TMG) represented Bay Area-based Tesseract Capital Group in the sale of The Marc at 1600, a 100-unit multifamily community located at 1600 Standiford Ave. in Modesto. The buyer was a private family office from Southern California, which paid $26.6 million. TMG’s team of EVP Otto Ozen, SVP...
DMR News
Sunny Randhir Singh Announces a Multicultural, Family First Approach to Southern California Real Estate
Sunny Randhir Singh, an award winning REALTOR® with eXp Realty, is highlighting a multicultural, family first approach to real estate services throughout Highland and communities across Southern California’s Inland Empire. His practice brings together residential, luxury, commercial, investment, and land transaction experience with a focus on communication, education, and understanding the individual needs of clients. […]
raincrossgazette.com
Riverside Advances Special Tax District for 152 Planned Homes
Riverside moved forward Tuesday with plans to establish a special tax district covering 152 planned homes across three developments, beginning a process that could finance up to $10 million in public improvements. The City Council approved the item on its consent calendar, adopting resolutions declaring its intent to form Community...
NBC Palm Springs
Palm Springs Considers Housing at Former Bel Air Greens
What happens when a golf course closes? In Palm Springs, that question is about to become a very real debate over housing, open space and who gets a say in what happens next.The Palm Springs Planning Commission will consider changing approximately 35 acres of the former Bel Air Greens Golf Course from open space to residential use. Under the city’s golf course conversion rules, half of the property would still have to remain open space, while the land could potentially accommodate dozens of homes.The issue goes beyond one former golf course. Across the Coachella Valley, golf courses occupy valuable land, and when one closes, the question becomes what should replace it.On the Roggin Report, host Fred Roggin discussed the issue with international realtor Nick Collins and HR professional Cherie Johnson.Collins questioned whether a property owner should be allowed to convert a closed golf course to housing if the city’s requirements are followed. He also pointed to the distinction between people who own homes near the property and the actual landowners.“If you're inside the development, whether it be an HOA or not, if you're inside the development, then you absolutely get a say,” Collins said. “But if you're just across the
SFGate
DMR News
Matthew Sanchez, Realtor in Pico Rivera, CA, Announces Continued Growth Built on Family Real Estate Experience Dating to 1991
Matthew Sanchez, a Pico Rivera real estate professional, announces continued growth in his residential real estate practice while building on more than three decades of family experience serving the local market. Sanchez has closed more than 45 transactions representing approximately $31.9 million in sales volume year to date. His professional profile and the Ramon Sanchez […]
thepalmspringspost.com
Panorama Road hillside home approved for major renovation, expansion
The Palm Springs Architectural Review Committee on Wednesday approved changes to a hillside home at 855 West Panorama Road, near the North Lykken Trailhead. Hillside homes are subject to different requirements than other residences in Palm Springs due to their potential impact on the city’s viewshed. On hillside parcels, new homes, home additions and changes to landscaping and other features are subject to review by the Architectural Review Committee, which weighs whether projects blend in or clash with the desert landscape, along with other factors.
dcvelocity.com
Private equity buyers whet their appetite for logistics real estate
Private equity firms are continuing to purchase large swaths of logistics real estate, as EQT Real Estate on Thursday said it had acquired a portfolio of 32 buildings across five submarkets in Southern California —totaling 5.2 million square feet—from Rexford Industrial Realty, Inc. Specifically, the firm’s EQT Real...
NBC Palm Springs
High HOA Fees Can Add Thousands to the Cost of Coachella Valley Condos
For anyone shopping for a condo in the Coachella Valley, the purchase price is only part of the cost.Once buyers calculate their down payment and mortgage, there is another monthly expense to consider: the homeowners association fee.Across the Coachella Valley, the typical HOA fee is about $394 a month. In Palm Springs, the average is about $448, followed by Rancho Mirage at $436, La Quinta at $413 and Palm Desert at $367.But some communities have significantly higher monthly charges.Published figures discussed on the Roggin Report include about $1,357 a month at Big Horn in Palm Desert.At Desert Island in Rancho Mirage, published HOA figures have been reported as high as $1,735 a month, although current listings vary depending on the unit and what is included.At The Springs Club in Rancho Mirage, mandatory community and social charges total roughly $1,826 a month before golf.Marrakesh Country Club in Palm Desert has published monthly charges of around $1,860.And at The Lakes in Palm Desert, mandatory monthly charges are about $1,887, or $22,644 a year, before a mortgage, property taxes and golf. Golf dues are additional.Those fees can cover considerably more than landscaping.Depending on the community, HOA charges can include landscaping, security, roads, pools,
yieldpro.com
PGIM Sells Orange County Multifamily Asset for $154M
H&S Ventures and Waterford Property Co. have acquired Edge Apartments, a 371-unit community in Anaheim, Calif. PGIM sold the asset for $153.6 million. PGIM acquired Edge as part of a $380 million portfolio deal from JPI in 2021. The property duo was part of a larger, three-phase project totaling 1,079...
mannpublications.com
Lennar Unveils The Farm, a New Community Rooted in the Inland Empire’s Outdoor Lifestyle
Lennar, one of the nation’s leading homebuilders, announces the debut of The Farm, a new resort-style community in Jurupa Valley, Calif., offering a diverse collection of low-maintenance condominiums and spacious single-family homes. With 16 thoughtfully designed floorplans to choose from, The Farm offers homebuyers a variety of options to suit their lifestyles.
POZ
HIV Nonprofits Take Housing Into Their Own Hands
Nationwide, many HIV and AIDS service organizations (ASOs) are addressing the housing shortage among people living with the virus by leveraging both public and private programs and assistance to build their own short-, mid- or long-term housing for their clients. According to National AIDS Housing Coalition (NAHC) executive director Lauren...
chainstoreage.com
SoCal center sells for $157 million
Stockdale Capital Partners, together with funds managed by Hamilton Lane, has acquired The Shoppes at Chino Hills, a 378,140-sq.-ft. open-air lifestyle center in the Southern California community of Chino Hills in San Bernardino County, 35 miles east of downtown Los Angeles. The center, according to Stockdale, is a dominant retail...