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A Spanish-inspired live/work space has officially arrived with the announcement of “El Jardin,” a new building located in the historic Presidio neighborhood in downtown Santa Barbara. The four-story development at 819 Garden Street, which is co-listed by Sotheby’s International Realty and Hayes Commercial Group, is designed for the business owner or CEO seeking a professional office space and a private home all in one place.

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 a single-tenant Bank of America corporate ground lease in Palm Desert, Calif. The purchase price was $2,425,000.

Meridian, a full service real estate developer and owner of medical real estate, is pleased to announce that it has closed escrow on the sale of its 8,700-square-foot dialysis clinic in Fairfield, Calif. The purchase price was $5.15 million, representing a cap rate of 5.5%. This is Meridian’s third dialysis clinic that the company has sold in 2015, having also closed on properties located in Pomona and Modesto, Calif. earlier this year.

Planet Home Living meets the demand of distinguished home-buyers looking for what is often impossible to find: a sleek, modern new home in an established, amenity-rich area. Designed by national award-winning firm KTGY Architecture + Planning, PRISM will offer fifteen single-family detached, new homes in Eagle Rock, just north of downtown Los Angeles. PRISM brings urban living to an already developed residential location walking distance to restaurants, grocery stores and more

National award-winning KTGY Architecture + Planning is pleased to announce that Chris Cuaso, director of design in the firm's Retail Studio, has been invited to participate as a roundtable facilitator at the International Council of Shopping Centers (ICSC) CenterBuild Conference held from December 1-4, 2015, at the JW Marriott Desert Ridge Resort & Spa in Phoenix, AZ. Cuaso will present “Placemaking: Does One Size Fit All?” on Thursday, December 3, at 12:15 p.m., as part of the roundtable program.

National award-winning KTGY Architecture + Planning is pleased to announce that Simon Perkowitz, AIA, PE, a principal in the firm's Retail Studio, has been invited to participate as a roundtable facilitator at the International Council of Shopping Centers (ICSC) CenterBuild Conference held from December 1-4, 2015, at the JW Marriott Desert Ridge Resort & Spa in Phoenix, AZ. Perkowitz will present “How to Make Mixed Use Work,” on Thursday, December 3, at 12:15 p.m., as part of the roundtable program.

The Atlanta Commercial Board of REALTORS® recently held its 2nd annual Commercial Real Estate Studio at the Jewish Federation of Greater Atlanta, featuring Steve Selig, CEO of Selig Enterprises and moderated by son, Scott Selig, Vice President of Selig Enterprises.

Sustained job growth throughout the country and improving credit conditions are forecast to help keep commercial real estate activity expanding into next year, but property prices are likely to slightly cool off after reaching their peak in some major markets, according to the National Association of Realtors®quarterly commercial real estate forecast.

Housing market reports for October 2015 are now available. Below are the year-over-year figures for Palm Beach County from the Realtors® Association of the Palm Beaches (RAPB). RAPB is the 6th largest local association in the country representing over 14,000 REALTOR® members involved in all aspects of residential, commercial, and global real estate throughout Southeast Florida and the Treasure Coast.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Senior Vice President Pat Kent completed the sale of Hemet Plaza, a 58,035-square-foot shopping center anchored by Big Lots (not part of the sale) and True Value hardware store in Riverside County, California. The purchase price was $5,575,000, representing a cap rate of 6.3%.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 4300 Highway 17 South in North Myrtle Beach, South Carolina for $5,015,000.

Dekel Capital, a Los Angeles-based real estate merchant bank that specializes in sourcing and placing equity and debt for active middle market commercial real estate developers and investors, has placed $50 million in financing for the construction and development of the Pinnacle Sandy Apartments in the southeast corridor of the Salt Lake City metropolitan area. The deal was structured as a $36.1 million construction loan through Dekel Capital’s advisory practice and $13.9 million JV-Equity funded by the firm’s proprietary equity fund, Dekel Strategic Investors (DSI)

St. Anton Communities announces the beginning of construction activity on a major Downtown Campbell housing community, an $88 million project involving 14 separate parcels of land assembled through a multi-year effort. The “Residences at Railway” is strategically located adjacent to the Downtown Campbell Light Rail Transit Station, the Los Gatos Creek trail and numerous downtown businesses.  The project, which is located in the Silicon Valley, includes 119 apartments, 32 townhomes and six duets, all designed by national award-winning firm KTGY Architecture + Planning.

Meridian, a full service real estate developer and owner of medical real estate, is pleased to announce that two of its projects have been selected as finalists in the 2015 HREI Insights Awards in the “Best New Medical Office Buildings under 25,000 square feet.” and “Best Renovated or Repurposed Healthcare Facility” categories. Healthcare Real Estate Insights (HREI) is a national magazine that covers health care real estate development, financing, and investment.

While commercial real estate has been steadily recovering in recent years, industry experts expressed concern that prices may have reached a peak during the Commercial Economic Issues and Trends Forum at the 2015

Throughout 2015, the National Association of Realtors® has enhanced and expanded upon its more than a decade old Realtor® Safety program, developing new materials, creating additional resources and providing members with everything they need to feel empowered and confident in their personal safety.

The Federal Aviation Administration continues its work to integrate unmanned aerial systems, also known as drones, into the National Airspace System, and Realtors® stand ready to take advantage of their many benefits.

Sotheby’s International Realty today released its Greater Los Angeles Market Report which revealed Pacific Palisades as the top luxury market ($3 million and higher) with a 94 percent increase in single family home sales in October 2015. Westwood and Cheviot Hills saw the second largest increase in luxury home sales with a 50 percent increase and Beverly Hills Post office followed with a 46 percent increase.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Eric Vu and Jeff Hauber completed the sale of a 2,900-square-foot retail building in Orange County for $1.2 million, representing a cap rate of 4.17%.