RMC Funding

East Palo Alto’s Woodland Park apartments a massive collection of more than 1,800 rent-stabilized units are about to change hands in a blockbuster deal that puts a new landlord in charge of more than half of the city’s multifamily rental housing stock. See the news: http://www.bizjournals.com//exclusive-east-palo-altos-wood

With interest rates remaining low, mortgage lenders are [we are] seeing higher demand for refinancing loans. Ask us about your mortgage loan needs in California: https://www.rmcfunding.com

East Palo Alto’s Woodland Park apartments a massive collection of more than 1,800 rent-stabilized units are about to change hands in a blockbuster deal that puts a new landlord in charge of more than half of the city’s multifamily rental housing stock. See the news: http://www.bizjournals.com//exclusive-east-palo-altos-wood

Want to better understand how we help "build" California? Here is an example of a recently funded project: Loan amount of $3.42 million for a 15-unit apartment project in West Los Angeles. See more about our construction loans or ask how we can help with yours: https://www.rmcfunding.com/construction-loans/

Interesting innovative commercial building products. The report suggests it will be great for de-icing airports, but we can see it useful in parking lots of shopping centers, apartment complexes, office areas and for areas where ice is a problem! Maybe not as needed in [sunny, warm] California areas!

California is home to more residential solar customers than any other state. News has it that regulators have agreed to retain a system that compensates users of rooftop solar panels for their excess electricity. http://www.nytimes.com//california-narrowly-votes-to-retai

Every purchase of these little guys and their books from an L.A. area Kohl's will help our Safety and Injury Prevention Program! Visit http://bit.ly/kohlscares-chla for more details.

Scary for home owners in Pacifica, CA with the coastal erosion happening since the El Niño storms: http://www.cbsnews.com//el-nino-waves-leave-pacifica-cali/

Did you see last week's announcement from Hyperloop Transportation Technologies that it’s filed official paperwork with Kings County, California, to start construction of a test track in Quay Valley for later this year? What an innovative project! We can't wait to hear more.

We are distraught to keep hearing about the economic struggles affecting parts of SoCal. So many local businesses are struggling with this slow-to-fix gas leak that started back in October 2015. The news suggests some businesses are down by 60% or more in sales around the Porter Ranch area.

Do we need reasons to love what we see in California?!

When the tax season is "alive", so are the scammers. Watch out for some signs of invalid, incorrect, non-IRS requests for your refund info: www.forbes.com//tax-season-opens-today-and-the-scammers-a/

Here's today's Jan. 19th daily roundup of stories shaping California from Los Angeles Times - http://www.latimes.com//la-me-essential-california-2016011

Apparently over two-thirds of middle-class households with a mortgage are cost-burdened in California compared to 40 percent in the nation overall.