CA-Real-Estate availability - California Real Estate exam Updated: 2023

California Forever sent a letter on Monday to Solano County, the City of Fairfield and the Solano County Water Agency proposing a land exchange of thousands of acres near Travis Air Force Base.

The company has offered to swap 1,573 acres of high habitat value land on Jepson Prairie near Travis Air Force Base, for 1,403 acres of pasture with medium agricultural value six to 10 miles away from the base, mostly east of Rio Dixon Road.

The letter, signed by California Forever CEO Jan Sramek, was addressed to Fairfield City Manager David Gassaway, County Administrator William Emlen and General Manager of Solano County Water Agency Chris Lee.

The letter says that California Forever is offering the exchange because it learned the parcels it purchased on the Jepson Prairie are included under the Department of Defense’s Readiness and Environmental Protection Integration program, and that its ownership of them could also pose a threat to the goals of the Solano County Habitat Conservation Plan.

“We believe this exchange proposal is a win-win transaction that makes good sense for all sides involved,” the letter reads.

The letter also indicates that California Forever would provide $1 million to fund the completion of the Solano County Habitat Conservation plan. The land being offered by California Forever is the last land on the Jepson Prairie which is not currently publicly owned, according to the letter. creating the opportunity to unite one uninterrupted habitat.

“This exchange would therefore become the capstone achievement that substantially completes the preservation of the Jepson Prairie ecosystem, and creates a fully contiguous open space reserve of approximately 15,000 acres” the letter says.

The Solano County Water Agency has a meeting scheduled for Thursday at 6:30, which will be available both in person at 810 Vaca Valley Parkway and on Zoom. Its agenda, released before the letter was dated, includes an item titled “Water Supply Portfolio and Discussions with California Forever.”

The entire proposal is conditional on the approval of California Forever’s development plans in the area by the voters next November and by relevant regulatory agencies. The company said it is currently undergoing a listening tour, taking feedback from the community on how to make its plans work for Solano County residents. A more comprehensive plan, which will go in front of voters next November, will be released in January.

“Put plainly, if the voters or any regulatory agencies whose approvals would be required later do not approve our plans, the exchange agreement would terminate, we would cover all legal and other costs of the public agencies incurred in negotiating the exchange, and everything would remain the same as it is today,” the letter reads.

The offer is only on the table until Dec. 31, the letter explains, so that all of the changes can be reflected in the January plan.

“The reason to agree on this transaction now is to ensure that we can propose a more orderly plan to the voters, so that  if the voters and regulators approve the proposal in the future, then the exchange automatically and immediately closes,” the letter reads.

“I think what we want people to understand is that we are serious about the fact that we want to protect and strengthen Travis,” he said.

Sramek also said the company feels similarly about protecting open space and contributing to ecological projects in the area.

“We’ve been saying that for two months,” he said of commitments to the base and the environment, “and this is a step where we are going to change it into actions.”

The proposal would allow public shareholders to take over land of higher ecological value, and to consolidate their holdings into one place, California Forever said.

“We hope this transaction is the first of many ways that California Forever and local stakeholders can work together in a productive and collaborative fashion that benefits everyone involved,” the letter said. “We look forward to working with all stakeholders on this multi-benefit transaction, and attending public meetings where this matter is discussed to answer any questions.”

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Charles Moore and Miesha Carter, an innovative Black couple from Los Angeles, are revolutionizing real estate investment by launching their Affordable Real Estate Investment Course Series.

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Charles Moore and Miesha Carter, an innovative African-American couple from Los Angeles, California, are revolutionizing real estate investment accessibility with the launch of their Affordable Real Estate Investment Course Series.

As seasoned real estate professionals with years of experience, they have a passion for fostering financial growth and are excited to announce that enrollment is open for their transformative online course series.

This initiative is only open and available twice a year and aims to impart unconventional yet successful real estate investment strategies that have been honed and perfected over five years. With a commitment to making quality education accessible, this couple brings forth an opportunity that not only equips but also caters to the budget-conscious investor and levels the playing field. Miesha shares her enthusiasm: “We’re here to help our clients start up, invest up, and scale up.” This is why it is good to tap into a community of like-minded people to pursue real estate investment.

Venturing into the world of real estate investment often requires navigating uncharted waters. Considering this, the couple’s real estate investment courses are designed to offer guidance for people eager to explore innovative investment avenues.

A pivotal focus of this online course lies in aiding individuals in mastering the intricacies of land and real estate government auctions, as well as property liens. These aspects, often overlooked, hold immense potential for those who understand how to navigate them effectively. The course delves deep into the nuances, enabling participants to emerge with a comprehensive understanding.

The highly anticipated Real Estate Investment Class Series titled “Getting Ready for the Auction” stands as a testament to the couple’s commitment to education. This course is a total of 10 modules, 8 Primary modules, and 2 Bonus ones, and this series will deliver the participants the tools and knowledge to understand the auction process.

The modules include:

November 6, January 8th 2024, March 4th 2024: Free Webinar

January 13, 2024: Series 1 – Understanding Tax Liens and Tax Deeds Property Auctions

January 27, 2024: Series 2 – How To Bid At The Property Auction

February 10th, 2024: Series 3 – Researching Tax Property

February 24th, 2024: Series 4 – Getting The Auction Rules

March 9th, 2024: Series 5 – Searching For Liens

March 23, 2024: Series 6 – Zoning

April 13th, 2024: Series 7 – Board of Health and Properties

April 27, 2024: Series 8 – Wiinning The Bid

May 11th, 2024: Bonus Session 2: What To Do With Properties

May 25th, 2024: Bonus Session 3: Creating Your Team

“We believe that everyone should have access to effective investment education,” says Miesha.

Her husband, Charles, comments, “Our courses are designed to empower individuals with the knowledge and strategies necessary to explore unconventional avenues in real estate.”

Enrollment for these courses is now open, offering a unique opportunity to learn directly from experts who have successfully implemented the very same strategies they teach. Participants gain access to a treasure trove of practical insights, industry secrets, and actionable tips that can pave the way to realizing their real estate aspirations.

For further information and enrollment details, interested individuals can reach out to fammo@theseoqueen.net

Their courses promise a transformative journey, unlocking doors to lucrative investment opportunities. Graduates of the course series emerge not just equipped but confidently prepared to navigate the intricate financial and legal complexities of real estate auctions across the United States.

This news was first reported by blacknews.com

When it comes to real estate, there are so many questions, so I jumped at the chance to visit with Jason. Of course, we started our conversation about "Selling Sunset!" Jason filled me in on what we can expect to see on season 7. The full season is now streaming on Netflix.

The conversation then shifted to the stunning penthouse that he had spent two years renovating - and I had my opportunity to pick his brain! Do I buy a turn-key? Do I buy a fixer-upper? How long should I keep it for before I sell? What part of the property do I invest my money in first or the most? Do I focus on functionality or esthetics? Where do I purchase? So.many.questions.

I asked, and Jason graciously answered!

1. Invest the most money in your kitchen. Folks always want to gather around the kitchen so make this the center point of your space. Also, believe it or not, closets are very much a big selling point. Spend a good amount of time and money designing a great walk-in closet that you will enjoy and/or a buyer will want! Lastly, bathrooms will always sell a property. Make it nice and spacious if possible.
2. When it comes to functionality versus esthetics, this is a very personal decision. Are you renovating to sell or renovating to live in? Think about those details when it comes to designing where you are spending your money.
3. Open-concept or compartmentalize? While the trend currently is to once again compartmentalize your property like we did back in the 50's and 60's, this design trend is very much a personal choice. If you entertain a lot or like to have large groups in your home, open-concept is the clear winner here.
4. Where to invest? Simply put, Jason recommends heading south to Newport Beach and San Diego.
5. Penthouse/apartment/condo or single family home? Jason pointed out that the former is essentially lower maintenance living and comes with 24 hour security, but there are benefits to both options, so figure out what speaks to you before purchasing.

Be sure to check out season 7 of "Selling Sunset" on Netflix - all episodes are out now - and follow Jason on Instagram (@jasonoppenheim) for more inspiration, suggestions, and behind-the-scenes tidbits!

Bisnow is proud to host Southern California's Annual Women Leading Real Estate Awards Ceremony. This event will bring together some of the industry's most powerful and influential women to honor them and their accomplishments and provide insight, networking, and resources for professional development. Join us in honoring women who have reinvested and pushed the industry forward during challenging times. Bisnow is looking to recognize leaders across all sectors of the commercial real estate industry that are championing Southern California’s recovery.

Who You'll Network With: Owners, Developers, Investors, Architects, Construction, Designers, Brokers, Lawyers, Financial Institutions & Government Officials.

Why You Should Attend:

Bisnow Women Leading Real Estate events bring together the biggest power players in the industry to celebrate and honor the leading power players in Southern California's commercial real estate industry. Gain insight from some of the industry's top leaders on advancing Southern California's recovery and enhancing leadership opportunities for women in real estate. 

Boyd The Broker addresses the NAR lawsuit by launching his new business model in real estate agency

Manhattan Beach, California, Nov. 13, 2023 (GLOBE NEWSWIRE) --

As a sign of strength during a time of uncertainty, a Manhattan Beach, CA broker with over $200 million in sales has chosen this unusual time to stand out amongst other Real Estate professionals and companies that are in turmoil.

The state of confusion is in regards to a lawsuit whose purpose is to make buyers pay their own real estate agent’s commissions. This has left agents and their clients unsure how this new real estate process will work.

Boyd’s business model of representing both buyer and seller in almost all of his transactions has always been a big hit with his clients. But others in the industry were always confused with its’ message. Until now.

Boyd The Broker’s simple approach to the real estate process seems to be built for this new real estate world created by this lawsuit. And he seems ready to take it on. By launching Boyd The Broker | Real Estate, a full service real estate company.

The new interactive website is www.boydthebroker.com . Boyd is available to provide commentary on the lawsuit and its impact on the local housing market. Please call or text him at 310-521-2902 for more information.

Source: https://thenewsfront.com/boyd-the-broker-real-estate-launches-new-brokerage-after-the-nar-lawsuit-threatens-to-close-down-many-real-estate-offices/

CONTACT: Boyd The Broker 1140 Highland Ave #215 Manhattan Beach California 90266 United States 310.521.2902 https://boydthebroker.com/

ANAHEIM, Calif., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Commercial property rates are expected to stabilize – aside from office space – and commercial real estate will revitalize, according to NAR Chief Economist Lawrence Yun.
Yun presented yesterday at the Commercial Economic Issues and Trends Forum at 2023 NAR NXT, The Realtor® Experience, in Anaheim, California, to discuss economic trends and issues affecting the commercial real estate industry.
“There’s tremendous difficulty in the commercial real estate market with higher interest rates,” Yun explained. “Given roughly $3 trillion in commercial real estate loans, roughly $600 billion will come due for refinancing each year and at higher interest rates.”
Yun explained that high interest rates are hindering borrowing and making refinancing costly. He also said the Federal Reserve’s rate hikes have hurt small-sized banks.
“The small-sized banks – community and local banks – have much larger exposure to commercial real estate,” said Yun. “So, if commercial real estate is wobbly, it’s not going to hurt the big banks as much as the community banks.”
He referenced changes in commercial loan lending standards, which made an already tight lending situation even tighter. Yun suggested the U.S. government’s large budget deficit is also pressuring the rate increases.
“Commercial real estate transactions activity has been cut in half in two years. The condition for real estate deals is difficult. They simply don’t want to sell at a lower price, so commercial deals are not happening, because sellers don’t want to lower the price, and buyers aren’t jumping in due to higher lending costs,” Yun said.
He also explained that commercial property prices are falling below pre-Covid-19 pandemic levels and are set to decline further.
“The 10-year Treasury Yield is currently at 4.5%,” added Yun. “Most buildings now are still overpriced in commercial real estate. Property owners have to readjust. Maybe it’s better to get the deal done today rather than waiting until the future, when property values may be even lower.”
Yun explained that rent growth is the strongest in the industrial space and weakest in the office space.
“In terms of real usage of office space, the utilization is simply not there,” Yun said. “Office net absorption is negative, so office space will see more rises in the official vacancy rate.”
Rent growth is the strongest in the industrial field and weakest for offices, according to Yun. The office leasing net is negative, and retail leasing is also fizzling out. Even warehouse and industrial space leasing is low.
Yun discussed how the office vacancy rate is rising and will likely rise further. He flagged that big cities are seeing the highest rise in office vacancy rates: San Francisco followed by New York City and Los Angeles. He flagged that big cities are seeing the highest rise in office vacancy rates: San Francisco followed by New York City and Los Angeles.
“By an objective measure, the economy is strong,” said Yun. “GDP growth is at 4.9%, but there are some worrying signs for the economy. First, businesses are not borrowing, because they’re cutting back on spending. Second, good inventory – or products produced – is increasing, but goods are not being purchased. Thus, there’s concern for future GDP.”
Yun said unemployment rates are the highest in nearly two years and wage growth is the weakest it has been in two and a half years.
After explaining that monthly job gains are softening and diminishing each month, Yun stated, “The federal reserve is raising interest rates to tame inflation, but are they going to break the economy?”
Yun compared the latest jobs numbers with pre-Covid-19 pandemic conditions. All states have record-high employment. Texas, Florida and Rocky Mountain states are in stronger condition.
Cross-border commercial real estate investment is down and in a weak condition right now, according to Yun. The top countries invested in the U.S. are Canada, Singapore and Japan, and Israel is popping up on this list.
Yun says the 2024 economic outlook depends on the Federal Reserve’s policy, stating, “Data that came out yesterday shows much calmer inflation. The Federal Reserve should consider cutting interest rates as we go into early next year. Then the ongoing weakness will stop, and we will begin to see some revival.”
Yun shared that community banks will be recapitalized a little better with interest rate cuts. Also, GDP growth will add to net leasing and investment sales.
“Overall, commercial real estate will revitalize, with the exception of office space,” Yun concluded.
About the National Association of Realtors^®
The National Association of Realtors^® is America’s largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. The term Realtor^® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of Realtors^® and subscribes to its strict Code of Ethics.

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Information about NAR is available at nar.realtor. This and other news releases are posted in the newsroom at nar.realtor/newsroom.

Bisnow is proud to host Northern California's Annual Women Leading Real Estate Awards Ceremony. This event will bring together some of the industry's most powerful and influential women to honor them and their accomplishments and provide insight, networking, and resources for professional development. Join us in honoring women who have reinvested and pushed the industry forward during challenging times. Bisnow is looking to recognize leaders across all sectors of the commercial real estate industry that are championing Northern California's recovery.

Who You'll Network With: Owners, Developers, Investors, Architects, Construction, Designers, Brokers, Lawyers, Financial Institutions & Government Officials.

Why You Should Attend:

Bisnow Women Leading Real Estate events bring together the biggest power players in the industry to celebrate and honor the leading power players in Northern California's commercial real estate industry. Gain insight from some of the industry's top leaders on advancing Northern California's recovery and enhancing leadership opportunities for women in real estate.