Southern California's Real Estate Landscape: Key Developments and Industry Movers
Lisa Mailhot | December 13, 2024
Buyers
Lisa Mailhot | December 13, 2024
Buyers
This week in California, the real estate industry has seen significant movements across companies and leadership roles, signaling strategic growth and expanded services in various sectors, including commercial, healthcare, and multifamily assets. Here’s a snapshot of these key developments.
Lee & Associates has launched a new property management division in its Pasadena office, aimed at improving services throughout Los Angeles, Orange, and San Bernardino counties. The division will cater to diverse commercial asset classes such as office, mixed-use, and industrial spaces. Led by Christopher Larimore, with Tish Childs as the director of property management, this expansion aims to consolidate Lee & Associates' presence in Southern California’s robust market.
In a strategic move to strengthen its healthcare real estate sector, Cushman & Wakefield has welcomed Matthew Melendres as a senior associate in its Southern California Healthcare Advisory Practice. Operating out of San Diego, Melendres brings expertise from his tenure at Colliers, focusing on the leasing and sales of medical buildings—a crucial area given the ongoing demand for healthcare facilities.
The California Housing Finance Agency (CalHFA) has named Stephanie McFadden as the new director of multifamily programs. Bringing years of experience in affordable housing finance, McFadden is set to oversee a team that achieved a record $2 billion in lending last fiscal year. Her expertise will be pivotal in managing the growing needs for affordable housing across California.
Sands Investment Group (SIG) has announced Jonathan Silver as the new VP of investment sales advisor. Silver, an expert in net leased properties and 1031 exchanges, will enhance SIG’s capabilities in handling complex real estate transactions, particularly for high-net-worth clients. Additionally, Hamilton Zanze's partnership with Limekiln Real Estate Investment Management marks a significant venture into securities with the acquisition of the Freddie Mac K-165 transaction’s “B piece.”
ExchangeRight has successfully fully subscribed its All-Cash 7 DST, featuring a $24.8-million portfolio of properties backed by necessity retail and healthcare sectors. This marks a significant achievement for the firm, reflecting strong investor confidence and a strategic focus on stable, income-producing assets.
Under the leadership of Roxanne “Roxy” Klein, ACRE SoCal has not only fostered industry networking and collaboration but also made substantial contributions to the community. The organization’s $30,000 donation to various nonprofits highlights its commitment to making a positive impact beyond real estate.
As the real estate landscape in Southern California continues to evolve, these developments provide a glimpse into the strategic directions companies are taking to adapt and thrive. Whether you're looking to invest or find your next business opportunity, connecting with the industry's latest can provide crucial insights. If you're considering a move in the vibrant Southern California real estate market, let’s connect and explore how these trends can benefit you.
Southern California’s housing market is cooling in mid-2025, with rising inventory and more price cuts across Newport Beach and Orange County. Buyers are gaining contr… Read more
Explore the Southern California real estate market in Q2 2025 with insights on inventory trends, price changes, and buyer behavior in cities like Corona, Costa Mesa, D… Read more
As mortgage rates drop to their lowest level in months, homebuyers are gaining more purchasing power. Discover how this shift is benefiting house hunters and what it m… Read more
California is tackling its housing crisis by rolling back the California Environmental Quality Act (CEQA), long criticized for stalling new developments. This game-cha… Read more
The housing market is experiencing some noticeable changes, from fewer new listings to a drop in buyer activity. In this blog, we dive into the latest market shifts, w… Read more
The median sales price of a U.S. home has surged to a record high of $396,500, but with more homes on the market, buyers are in a stronger position to negotiate. Learn… Read more
Mortgage applications have increased by 1.1% following a decline the previous week, signaling some shifts in the housing market. In this blog, we explore the latest mo… Read more
Many longtime homeowners in Orange County are sitting on a hidden tax burden due to outdated capital gains rules that haven’t changed since 1997. Learn how this overlo… Read more
May 2025 saw home prices at seasonal highs, but growth has nearly stalled as market dynamics shift. With more listings than buyers, slower sales, and increased negotia… Read more
Let's find a time that suits you best to chat about your goals, show you how we work, and figure out how we can help you the most
Get In Touch With Lisa
Broker Associate
949-877-7087
124 Tustin Ave Suite 200, Newport Beach, CA 92663