Real Estate

The U.S. housing market continued to improve during the first quarter. Sixty eight of the country’s estimated 360 metropolitan areas either returned to or exceeded their normal levels of economic and housing activity during the first three months of this year, according to the National Association of Home Builders. That …

DTZ, commercial real estate firm with clients throughout the world, has announced it plans to buy Cushman & Wakefield. The Chicago-based company will pay $2.04 billion for Cushman & Wakefield, creating a single company with $5.5 billion in yearly revenue and that will oversee more than four billion square feet …

Investment buyers appear to be moving away from single-family homes. As the supply of distressed homes continues to shrink, more investment buyers are shifting to multifamily properties, according to data released Wednesday by the California Association of Realtors. Twenty one percent of all investors bought multifamily properties during the past …

A Northern California real estate developer will build a warehouse-distribution facility in an unincorporated part of Riverside County. Newcastle Partners Inc. has purchased 8.2 acres at the northwest corner of Harley Knox Boulevard and Harvilll Avenue, according to a company statement. The property, which sold for an undisclosed sum, is …

The long-rumored renovation of Montclair Plaza might happen soon. CIM Group, which bought the beleaguered mall last year, could break ground within weeks on remodeling plans that would transform some of the property into an outdoor facility, according to a report in the Inland Valley Daily Bulletin. The Hollywood developer …

The National Association of Home Builders is feeling optimistic about the housing market. More job gains, better mortgage rates, a growing economy and strong demand should propel single-family home sales through the rest of this year and into 2016, the trade association said recently. “This should be a good year …