Prime Beverly Hills Executive Office JUST LEASED, More spaces available!

315 S. Beverly Dr. Lease

315 South Beverly Drive features a five-story, plus Penthouse office building totaling 66,000 square feet. Common areas feature a marble clad lobby and two high-speed elevators providing service to a 13,000 square foot floor plan. Approximately 30 foot bay depths provide an extraordinary ratio of window offices for tenants. Subterranean and street level parking available. Offers views, great walk-ability, modern spaces designed to suit, and more.

Excellent proximity to many Beverly Hills’ dining, shopping, hotels and entertainment on amenity rich South Beverly Drive. Immediate dining is offered in a multitude of options, including California Pizza Kitchen, Urth Cafe, Chin Chin, Ruth’s Chris Steakhouse, Islands, Coffee Bean & Tea Leaf, Peet’s Coffee, and Mako. In addition, 315 South Beverly is easily accessible from the major arteries of Olympic Boulevard, Wilshire Boulevard and Doheny Drive.

More spaces available here and in various locations throughout the area including Santa Monica, Beverly Hills, West Hollywood, Hollywood, and beyond.

For assistance with residential or commercial real estate please contact me:

Julie Kryukova
202 N. Canon Dr.
Beverly Hills, CA 90210
310.402.8181
jkryukova@gmail.com

Beverly Hills Golden Triangle Retail Space JUST LEASED!

9631 Brighton Way Beverly Hills CA 90210

9631 Brighton Way offers an open and airy retail/office space in the heart of the Beverly Hills Golden Triangle. This 1,693 sq. ft. space features everything Beverly Hills has to offer plus high ceilings, lots of natural light, great street visibility, and a mezzanine perfect for offices. Just two blocks from Rodeo Drive, and next to recognizable names such as Villa Blanca, Madison, Harrari, Giuseppe Zanotti, Chanel, Armani, YSL, and Prada to name a few. The perfect location to build your brand and be seen!

If you’re looking for a commercial space for lease or sale, please contact me direct:

Julie Kryukova
202 N. Canon Dr.
Beverly Hills, CA 90210
310.402.8181
jkryukova@gmail.com

Credit standards going easy on jumbo mortgages

home_money

Demand for non-government loans keeps growing!

Despite overall originations hitting the lowest level since 2010, the past year witnessed a significant increase in the volume of home equity loans and lines of credit, in addition to originating the best-performing mortgages on record, the first report from Black Knight Financial Services, previously known as Lender Processing Services, found. For jumbo mortgages, however, it’s a completely different story.

Two key points about the November numbers stand out according to Herb Blecher, senior vice president of Black Knight Financial Services’ data & analytics division.

“First is that heightened credit standards have resulted in this year being the best-performing vintage on record. Even adjusting for some of these changes, such as credit scores and loan-to-values, we are seeing total delinquencies for 2013 loans at extremely low levels across every product category,” Blecher said.

The second point Blecher emphasized was that overall volumes are down. “We are seeing an increased proportion of the market being supported by non-agency (vs. government) lending – with the share nearly doubling as compared to 2010,” Blecher added.

However, increasing home prices have helped offset some of the drop in originations with demand for home equity loans increasing.

“While first mortgage originations are almost half the levels as one year ago, total home equity lending, including loans and lines, has increased by 70%, and originations of second lien home equity loans have more than doubled,” Blecher said.

In addition, the market also observed a 75% year-over-year increase in the share of non-agency jumbo prime lending.

“Notably, nearly all of these jumbo loans have been originated with no mortgage insurance, which may indicate an increased appetite for risk, as well as an opportunity to expand credit criteria, for originations within the private market,” Blecher explained.

The November data revealed that the population of “refi” mortgages has decreased by about 4 million loans since the end of 2012.

In comparison, just 5.9 million loans meet broad-based refinance criteria. But loosening the credit standards to just a 700 FICO increases the refinance population by almost 17%, or an additional 1 million loans.

If you’re looking to lease, purchase, or sell residential or commercial property, please contact me direct at (310)402-8181 begin_of_the_skype_highlighting (310)402-8181 FREE  end_of_the_skype_highlighting or jkryukova@gmail.com

Source: Housingwire

Fed attempts to free higher-priced loans from appraisal binds

A proposed rule was issued by six federal financial regulatory agencies that would create exemptions from specific appraisal requirements for a subset of higher-priced mortgages.

The proposed exemptions would save borrowers both time and money as well as promote the safety and soundness of creditors.

The Dodd-Frank Act imposed appraisal requirements for high-priced mortgages. Under the act, loans are deemed “higher-priced” if they are secured by a consumer’s home and have interest rates above a certain threshold.

The rule proposed would allow the following three types of higher-priced mortgage loans to be exempt from the Dodd-Frank Act appraisal requirements: loans of $25,000 or less, certain streamlined refinancing and certain loans secured by manufactured housing.

In January, the Federal Reserve Board, the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corporation, the Federal Housing Finance Agency, the National Credit Union Administration, and the Office of the Comptroller of the Currency issued a final rule implementing the new Dodd-Frank Act appraisal requirements.

As of January 18, 2014, compliance with the final rule will become mandatory. The agencies listed above are jointly issuing the proposed rule on additional exemptions in response to public comments received previously.

Public comments are encouraged by the agencies on all aspects of the proposal. The public will have until September 9, 2013, to review and comment on most of the proposal. However, comments linked to the proposed Paperwork Reduction Act analysis will be due 60 days after the rule is published in the Federal Register.

 

 

Source: Housingwire.com

Fannie Mae: Economy Will ‘Reaccelerate’ in 2nd Half of 2013

Fiscal drags such as the sequester may have weakened economic momentum, but the economy should “reaccelerate” in the second half of this year as financial and housing conditions improve, according to Fannie Mae’s Economic and Strategic Research Group.

In its most recent economic outlook, the group revealed expectations for the economy to continue the modest recovery and grow 2.2 percent this year, up from 1.7 percent in 2012 and 2 percent in 2011.

“Employment numbers are getting better, albeit it at a relatively slow pace, and the April employment picture should help boost consumer sentiment toward the economy overall. Spending grew in the first quarter at a surprisingly strong pace, and although this rate is unlikely to hold up, consumers continue to show signs of resilience in the face of fiscal concerns,” said Doug Duncan, chief economist for Fannie Mae.

Duncan though warned of “potential” headwinds, such as the “long-term effects of sequestration, spending constraints, the sovereign debt crisis, and the impending debt ceiling.”

Amid the expected improvements, the group anticipates the housing market’s recovery will go on as well, reinforced by current levels of home affordability.

According to the GSE’s analysis, housing affordability should steadily decline from its 2012 peak, but will still hover above normal levels through 2017. By that time, the group expects the 30-year fixed rate mortgage to average 5 percent.

While affordability provides support to the housing market’s recovery, it’s not the main driver of homebuying activity, according to the GSE.

“Going forward, the trends in lending standards, regulations regarding lending and securitization of mortgages, and housing finance reform will be key to a transition to normal for the housing market,” the group stated.

Home prices should also continue their upward trajectory, aided by limited inventory, a smaller share of distressed sales, and increased efforts to prevent foreclosures.

Looking ahead, the group forecasts single-family starts will increase 24 percent this year, while multifamily starts will rise by about 35 percent during the same time period.

Total home sales—new and existing—are expected to increase by nearly 8 percent in 2013, while home prices should average a 3.9 percent gain.
The 30-year fixed rate mortgage is projected to average 4 percent in 2014.

 

If you’re looking for real estate opportunities, please contact me direct at (310)402-8181 or jkryukova@gmail.com

 

 

Source: DSNEWS

Prime Beverly Hills Penthouse – Private sale $1,349,000

Palm Penthouse

Elegant top floor 3 bedroom view penthouse in prime Beverly Hills! Impressive dimensions at 2,621 sq. ft, extra wide hallways, and tons of skylights make this space feel like a single family home.  Large eat in kitchen with breakfast nook, updated stainless appliances, and a large window allow for plenty of cooking and storage space.  How often do you see a top floor unit that shares no walls at all with its’ neighbors?  Asking price $1,349,000

  • 3 bedrooms
  • 2.5 bathrooms
  • 2,621 sq. ft
  • Skylights throughout
  • Wide hallways, high ceilings
  • Impressive master suite with fireplace, large windows, private patio, tons of closet space, vanity area, double sinks, separate tub and shower
  • Large updated kitchen stainless appliances and eat in nook
  • Oversize open concept living room with short windows
  • Washer and Dryer inside the unit
  • 3 assigned parking spaces side by side
  • Enormous private storage space
  • Secure entry, private elevator
  • Honey hardwood floors, brand new lush carpet in the bedrooms

Please contact me for details and private showings.  Property is located North of Burton Way, West of Doheny Drive in Prime Beverly Hills, CA 90210.

 

Palm1 Palm2 Palm3 Palm Penthouse Beverly Hills for sale

JUST LISTED AT $499,000! 999 Doheny Dr. #902 West Hollywood, CA 90069 – Chic condo with unbelievable views!

999 Doheny Drive

FANTASTIC OPPORTUNITY TO LIVE IN THE PRESTIGIOUS DOHENY WEST TOWERS! THE CONDO
FEATURES UNOBSTRUCTED VIEWS, RESORT-LIKE AMENITIES, AND IS LOCATED IN THE MUCH
SOUGHT AFTER DOHENY AND SUNSET LOCATION.

RELAX AFTER A LONG DAY ON THE LARGE, BEAUTIFUL PATIO WITH STUNNING VIEWS ALL THE WAY TO THE OCEAN, THE HOLLYWOOD HILLS AND THE FAMOUS SUNSET STRIP.

UPDATED KITCHEN OPENS INTO THE LIVING SPACE
AND PATIO, ALLOWING FOR COMFORTABLE INDOOR AND OUTDOOR LIVING.

STUDIO CONVERTED INTO A COMFORTABLE 1 BEDROOM, AMPLE CLOSET SPACES, AND FULL BATHROOM WITH PLENTY OF STORAGE AND COUNTER SPACE!

$499,000

$520 Monthly Dues

Available NOW!

Please contact Julie Kryukova at (310)402-8181 or jkryukova@gmail.com for showing and questions.

999 Doheny #902 #2 999 Doheny #902 #3  999 Doheny #902 #5 999 Doheny #902 #6 999 Doheny #902 #7 999 Doheny #902 #9  DSC_0012 DSC_0013 DSC_0015 DSC_0016 DSC_0018 DSC_0019   DSC_0038 DSC_0039 DSC_0040 DSC_0042 DSC_0043  exterior lobby lobby2