Strong Homebuyer Demand Fuels Robust Opening Sales of “The 2010 New Home Collection”

The Irvine Company announced that the grand opening of “The 2010 New Home Collection” resulted in an astounding 70 home sales — the largest number of new home sales on The Irvine Ranch since 2006. More than 10,000 visitors toured the highly anticipated 2010 New Home Collection – a series of 25 consumer-inspired floorplans by many of California’s most-respected homebuilders – located throughout eight neighborhoods in the acclaimed... 

Irvine Company to Debut Its 2010 New Home Collection

Inspired by extensive research about what consumers want when they purchase a home – and responding to pent-up demand for new housing – the Irvine Company is set to debut a collection of homes that the company will begin selling early next year. Known as “The 2010 New Home Collection,” the series of 25 floor plans from six different builders will be located throughout eight neighborhoods in the villages of Woodbury and Woodbury East, two of... 

Midnight Madness at Mediterranean Village Apartment Homes

On Wednesday, August 26, Mediterranean Village kicks off its highly anticipated Midnight Madness event. From 9:00 a.m. to Midnight, the apartment home community will host the all-day promotion which will include several drawings throughout the day for Apple® iPods, Nanos and iTouches. Guests who sign a 12 to 13-month lease during the event on August 26 can select either one-month free rent or an iMac. Food and beverages will be served all day. Located... 

Orange County Association of REALTORS® Provides Clarus MarketMetrics and Clarus Investor as Member Benefits

Real Estate Business Services Inc. (REBS) and the Orange County Association of REALTORS® today announced that the Orange County Association of REALTORS® (OCAR) has signed an agreement to provide both Clarus™ MarketMetrics™ and Clarus™ Investor™ as a free member benefit. Clarus™ MarketMetrics™ and Clarus™ Investor™, together, retail for $480 for an annual subscription. The Orange County Association of REALTORS®, with nearly 11,000... 

Guardian Management LLC Signs Agreement to Acquire Atherton-Newport Assets in Excess of 4,000 Multifamily Units

Guardian Management LLC (Guardian), a Pacific Northwest real estate investment and asset management firm specializing in multifamily housing investments, has signed preliminary agreements to acquire the real estate portfolio of Atherton-Newport Investments (ANI). ANI is a multifamily housing firm, based in Orange County California, which has been working under Chapter 11 reorganization since January. The assets to be acquired by Guardian include more... 

State and Local Architect Groups Support California Fire Survivors With Important Rebuilding Resources and Warn Against Fraud and Re-Entering Homes Prematurely

The American Institute of Architects, California Council (AIACC) and local chapters, AIA Santa Barbara, AIA Los Angeles, AIA Inland, and AIA Orange County are again actively working with city and county building officials to simplify and facilitate the process of rebuilding the communities devastated by the wildfires. John Grounds, AIA, president of The AIACC, states, “As we’ve learned from post-fire recovery in the past, this is not the time... 

Westside Rentals, California’s Largest Home Rental Service, Lends a Helping Hand to California’s Fire Victims

WestsideRentals.com, the leading home finding service in California, announced today a plan that would help fire victims whose homes were lost or damaged due to the recent blazes by offering a free Westside Rentals membership and waving home security deposit fees. Founder and owner Mark Verge made the offer days after the California fires blackened over 42,000 acres consuming nearly 65 square miles and burning more than 1,000 homes since Thursday... 

Home Prices Rise in Some Metros, Buyers More Active in Other Areas

Four out of five metropolitan areas recorded lower home prices in the third quarter from a year earlier, while existing-home sales fell in 32 states from the second quarter, according to the latest quarterly survey by the National Association of Realtors®. In the third quarter, 28 out of 152 metropolitan statistical areas(1) showed increases in median existing single-family home prices from the same quarter in 2007; four were unchanged and 120 metros... 

Maguire Properties Signs Approximately 100,000 Square Feet Lease with Hyundai

Maguire Properties, Inc., a Southern California-focused real estate investment trust, announced today it has executed a new lease for Hyundai Motor Finance Company for approximately 100,000 square feet in the 3161 Michelson building in Park Place in Orange County, California. Hyundai is expected to occupy its new space in second quarter of 2009. Designed by architect Richard Keating, the 3161 Michelson project is an architecturally significant, 20-story... 

Orangeline Development Authority Moves Full Speed Ahead

The Board of Directors of the Orangeline Development Authority on September 10, 2008 voted unanimously to enter into a legal services agreement with DLA Piper, one of the world’s largest law firms, which will set the stage for raising private investment for the most innovative transportation and development project in Southern California. DLA Piper will coordinate securing the developer consortia agreements that will play a critical role in...