Adelanto Mayor Pro Tem Jermaine Wright has been ordered to pay $1,200 to a company hired to clean his restaurant that he took to small claims court in late March for allegedly breaking two coolers and subsequently harassing him for an unpaid service bill. The suit came just six weeks after Fat Boyz Grill’s grand opening.The court ruled earlier this month that Wright failed to prove his case. A […]Original Article: http://www.vvdailypress.com/news/20160630/adelanto-mayor-pro-tems-restaurant-loses-small-claims-case?rssfeed=true
ADELANTO — Patience pays off. Especially if you’re a High Desert Mavericks batter.Down 6-4 in the bottom of the ninth, the Mavs walked, stole bases and finally won 7-6 when shortstop Michael De Leon was hit by a pitch with the bases loaded.Inland Empire was three outs away from its first win against the Mavericks on Thursday night, but again the 66ers were denied. High Desert scored once in the eighth and three times in the ninth to end a three-game losing […]Original Article: http://www.vvdailypress.com/sports/20160630/high-desert-storms-back-in-ninth-to-top-inland-empire?rssfeed=true
What’s up with mortgage rates? Jeff Lazerson of Mortgage Grader in Laguna Niguel gives us his take.
RATE NEWS SUMMARY
From Freddie Mac’s weekly survey: Mortgage rates fell to three-year lows for the third time this year.
This week the 30-year…
Real estate brokerage firm Morgan Skenderian Investment Real Estate Group has sold a 92-unit apartment complex in Tustin to 4G Wireless Inc. for $28 million. The deal was closed by the firm’s Newport Beach office. The building at 1132 Bryan Ave. is…Original Article: http://www.ocregister.com/articles/tustin-721077-firm-complex.html
A cooling market for the most expensive homes is costing hotel and casino magnate Steve Wynn some money.
Two years ago, Wynn paid $16.25 million for an 11,000-square-foot mansion perched on nearly an acre above the Bel-Air Country Club. Less than a year later, he sought to unload the home with…Original Article: http://www.latimes.com/business/realestate/la-fi-luxury-market-20160608-snap-story.html
Commercial real estate investment trends were positive in 2015, with sales of large cap CRE transactions totaling $543 billion, based on Real Capital Analytics (RCA) data. However, in the first quarter 2016 sales volume dropped 20 percent on a yearly basis, to $111 billion. In contrast to the large cap transactions reported by RCA, commercial REALTORS® managed transactions averaging less than $2.5 million per deal, frequently located in secondary and tertiary markets. The Commercial Real Estate Lending Trends 2016 shines the spotlight on this significant segment of the economy.
Original Article: http://feedproxy.google.com/~r/RealtororgCommercialHeadlines/~3/mImUSP69lf8/cash-accounts-for-26-percent-of-commercial-transactions-in-realtor-markets