The Department of Housing and Community Development (DHCD) will be holding multiple rental funding competitions during the next six to seven months. As described on DHCD's website (link is external), it intends to host a mini-competition for highly-ready family production projects in October 2017. In addition, DHCD is almost ready to release a NOFA for Housing Trust Fund (HTF) supportive housing projects, with full applications likely due in November 2017.
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm represented the buyer and seller in the sale of Oak Grove Crossing, a 22,577-square-foot shopping center shadow-anchored by Target in Riverside County, Calif. Oak Grove Crossing is located at 18283 &18285 Collier Avenue in the city of Lake Elsinore, Calif. The purchase price was $11,565,200.