Economic indicators should continue their upward swing through 2016, which is good news for property owners, according to the Commercial Real Estate Outlook Report recently released by the National Association of Realtors.  All signs point to strong results over the next 19 months, the report suggests.  “Net absorption rose across the property types, driving rents higher,” according to the report. “As employment gains are expected to continue into 2015, demand for commercial space is ... Read more

Regal Properties just closed escrow on the sale of 2 residential triplexes it had listed for sale in the trendy North Park community of San Diego, California, on Utah Street and Howard Avenue.  The first property sold as an owner-user/investment rental with new financing.  The second could not be financed by conventional means, due to deferred maintenance, but Regal Properties procured a cash buyer with substantial development and rehabilitation experience.  As part of our ... Read more

The Dodd-Frank Wall Street Reform and Consumer Protection Act, among other things, introduced a new independent Federal agency, the Consumer Financial Protection Bureau ("CFPB"), to protect consumers and the U. S. economy from dangerous financial products. The CFPB has since formulated new mortgage rules, including the TILA-RESPA disclosure rules.  Effective for mortgage applications received on or after August 1, 2015, the CFPB will replace four existing forms used for decades: the Good Faith Estimate, ... Read more