Land Prices, Labor Costs Hindering
Orange County Development
Land prices are one of the biggest factors inhibiting new construction in Orange County, according to speakers at our recent Orange County Construction & Development event.
“I don't want to point the finger at the Chinese, but the amount of Chinese investment that's come into Orange County is huge,” Sonnenblick principal Bob Sonnenblick said.
A lot of that money appears to be flight capital, he said.…
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Everything You Need To Know About Orange County
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Thomas H. Lee To Buy Controlling Stake In Online Real Estate Marketplace Ten-X For $1B
Online real estate marketplace Ten-X has agreed to sell a controlling stake in the company to private equity firm Thomas H. Lee Partners for more than $1B.
Though the company has been fairly hush-hush regarding terms of the deal, THL said in a release its goal is to offer financial support to grow Ten-X's operations and resources. Ten-X leadership, which includes Stone Point Capital and CapitalG (formerly Google…
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How Next Generation Retail Can Compete With E-Commerce
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EBI Consulting |
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The demise of shopping malls and the plight of big-box retailers have engendered a pessimism about the viability of brick-and-mortar establishments. Not all retail has been rendered obsolete by e-commerce, and opportunities for innovative smaller retailers abound. Even if not…
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Industrial Property Sold In Irvine For Around $7M
Lee & Associates brokered the sale of a 24,599 SF industrial property at 11 Vanderbilt in Irvine for approximately $7.1M.
The buyer, 239 Investments LLC, purchased the property in a 1031 exchange. 239 Investments had also considered locations in San…
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LOIS WEISS: A Banking Rule Change Puts $350 Trillion Of Debt In Limbo
A widely used index used to calculate floating interest rates that affects $350 trillion in global deals is being dumped at the end of 2021. It is leaving lenders and borrowers in a quandary to not only identify and agree on replacements, but also determine how to handle ongoing loans as well as the future wording of new loan documents.
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7 Books On Real Estate To Read Before Summer's End
Summer is quickly winding down, but there is still time to pull up a chair, have some iced tea and curl up with a good book. From an architect designing the Chicago World's Fair to cutthroat billionaires of New York, eccentric characters in the real estate industry make for thrilling and fascinating reads. We put together a list of some of our favorite books to read during your last vacation or during the cozy days of approaching winter.
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