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Charles Dunn Company Negotiates Downtown L.A. Lease Renewal for Associated Press

Torrance, CA - November 29, 2010 - (RealEstateRama) -- Chris Runyen of Charles Dunn Company, one of the largest full service regional real estate companies on the West Coast, represented the landlord, U.S. Bank, in a 10-year lease renewal of Associated Press’ offices at Figueroa Courtyard in Downtown Los Angeles. The largest West Coast bureau of AP, the 15,444-square-foot office is located at 221 S. Figueroa Street. The value of the transaction was approximately $5.5 million.

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New Home Sales Edge Higher as Affordability Challenges Persist

Affordability challenges continued to weigh on the new-home market in June, as elevated mortgage rates, rising inflation and broader economic uncertainty kept many prospective buyers on