Regions West | Los Angeles
CalHFA Commits $2.4M for Affordable, Seniors MF
May 5, 2008

The California Housing Finance Agency (CalHFA) is once again teaming up with Habitat for Humanity to provide $2.43 million for first mortgages to stimulate new homeownership opportunities for more Californians. The team works through the Habitat for Humanity Loan Purchase Program. This program enables local habitat affiliates to better leverage existing resources and generate additional funds, making it possible for them to build additional affordable homes that are urgently needed for low income families and sneiors throughout the state.

 
Recent Los Angeles Headlines
New Studio to Be Built Near Hollywood
May 15, 2008
The United States' largest independent movie studio, a $125 million facility, is slated to break ground in April, 2009, with a projected 18-month construction period, Commonwealth Studios has announced.
Pair of SoCal Hotels Trade for $80M
May 14, 2008
R.D. Olson Development has sold two hotels in Southern California to Apple REIT 8 for a combined $80 million.
NorthMarq Arranges $49M Mortgage for Point Niguel
May 13, 2008
Michael Elmore of NorthMarq Capital, Inc.’s Los Angeles Regional office, arranged first mortgage financing of $49 million for Point Niguel, a 324-unit multi-family complex, located in Laguna Niguel, Calif.
William Morris HQ $188M Financing Deal Paves Way for New William Morris HQ in Beverly Hills
May 12, 2008
A joint venture involving New York City-based George Comfort & Sons Inc. and Morgan Stanley Real Estate's Prime Property Fund, have secured $188 million in refinancing for an existing office structure and construction funding for the development of a new office and retail building in Beverly Hills.
Meruelo Maddux Battles Financial Woes
May 12, 2008
Ahead of releasing its first quarter 2008 financial results after the market closes tomorrow, Downtown Los Angeles landlord Meruelo Maddux Properties Inc. has been taking steps to battle debt woes and a depressed stock price.