Rancho Mirage, CA This past week, Equity Union Real Estate closed escrow on a 9,000 sq.ft. office and retail building in Rancho Mirage at 70-115 Highway 111. It will house the Rancho Mirage branch of its real estate brokerage. Adding to its assets, this building will be its third branch in the Coachella Valley, with other offices in the region located in Palm Springs and Palm Desert, and their tenth overall location in Southern California. The office will be Equity Union’s Hub for increased agent training, productivity coaching and support in the region ..read more

(Original Rendering of Orchid Tree Hotel Project) Palm Springs, CA Palm Springs City Council voted unanimously on July 10th to amend the agreement with developer Richard Weintraub on the Orchid Tree Hotel Project located at the corner of Baristo and Belardo in the Tennis Club neighborhood which sits adjacent to Downtown Palm Springs. However, several councilmembers made it clear they were not happy with the continued lack of progress and the developer’s assertion that he had the absolute right to build a 7 story 308 unit affordable housing apartment complex under new California law. Also Read ..read more

Palm Springs, CA The Orchid Tree Hotel project development has been up in the air for some time. Since 2014, the project located at 261 Belardo Road in Downtown Palm Springs has seen numerous delays and extensions. Now, the developer has filed a new proposal with the City of Palm Springs. The proposal includes a 308 unit apartment complex with seven stories. Originally the developer, Weintraub Real Estate Group, had proposed and secured “full entitlements for a luxury 64 room Boutique Resort and Spa. Each room is designed to have its own private entry courtyard and large back patio with outdo ..read more

La Quinta, CA SolTerra Luxury Rental Homes, a brand new single-family rental project from Shopoff Realty Investments (“Shopoff”), is now pre-leasing for move-ins August 2023. The 131 single-family, build-for-rent home project includes one- and two-story units, with three- and four-bedroom floorplans ranging from 1,520 to 2,441 square feet. Rental rates start at $3,800 per month. “SolTerra offers the space and privacy of living in a single-family home, with the convenience and flexibility of rental living,” explained Shopoff President and CEO Willia ..read more

(Windermere Real Estate Palm Spring’s Office) Palm Springs, CA Geoff Wood, CEO of Windermere Real Estate has announced the purchase of longtime Coachella Valley real estate firm, HK Lane. HK Lane’s 75 agents will now operate within the Windermere brand and join the 90 Windermere agents who currently provide real estate services in the Coachella Valley. As a part of this purchase, Windermere has acquired HK Lane’s La Quinta and Lake Arrowhead office locations. Agents in HK Lane’s Palm Desert and Palm Springs offices will join Windermere’s El Paseo/Palm Desert office. In total, there will be 16 ..read more

(Story contributed by Lauren Boland, CEO and Broker of Palm Desert Reverse Mortgage and Coachella Valley resident) Coachella Valley, CA If you ask most people what they think about reverse mortgages you’ve probably heard things like: It’s a terrible idea! You’re giving your house away! You no longer own your home when you get one! They’re so expensive that only an idiot would get one! Like any mortgage, a reverse mortgage may or may not be the right lending product for someone. To explain why, it’s important to understand the history of how this loan product was developed and the advancements ..read more

(Prescott Preserve) Palm Springs, CA If you ask Jane Garrison how she feels about the current status of Prescott Preserve, she remains steadfast and hopeful. Since purchasing the Mesquite Golf Course and turning it into Prescott Preserve, Garrison, Founder & Executive Director of Oswit Land Trust tonight, gave an update on the status of the 120 acre property in Central Palm Springs next to Mesquite Country Club. Two organizations, Oswit Land Trust and Mesquite Country Club HOA, are currently engaged in a lawsuit over the property. The former HOA sued last year two weeks after the property ..read more

Desert Hot Springs, CA Hilco Real Estate, LLC announces July 13, 2023, as the qualified bid deadline for the bankruptcy sale of this city-approved luxury condominium development in the fast-growing city of Desert Hot Springs, Calif. This development parcel, spanning 25± acres, is strategically located in Desert Hot Springs, a city renowned for its natural beauty, hot springs and growing tourism industry. The property is accompanied by a city-approved development agreement, offering unparalleled advantages for buyers. The agreement is valid until 2042, providing an ext ..read more

Palm Springs, CA When one door closes, another door opens. That is true for the building that currently houses the Modernism Museum at 370 N. Palm Canyon Drive. Originally designed and curated by former Palm Springs businesswoman, Tracy Turco, the goal of the Museum which briefly opened its doors in October of 2022 was to showcase, “the best of the mid-century modernism era from the late 50s to the early 70s,” and “to create a cultural institution inspiring the local community and visitors alike through the exploration and celebration of the history of all things mid-century modern.” (Modern ..read more

(Helicopter dumping water on forest fire) Palm Springs, CA State Farm announced Friday they will no longer be writing new policies to insure homes in California. This is due to the fact of heavy wildfire risks and higher construction costs according to the company. In a news release, the insurance giant explained writing: “State Farm General Insurance Company®, State Farm’s provider of homeowners insurance in California, will cease accepting new applications including all business and personal lines property and casualty insurance, effective May 27, 2023. This decision does not impact persona ..read more