Announced job cuts fell to the lowest level of the year in December as U.S.-based employers reported plans to reduce payrolls by 30,623 during the month. That was down 32% from a November total of 45,314. For the year, job cuts were down about 3% from 2012, according to the latest report on monthly job cuts by global outplacement consultancy Challenger, Gray & Christmas Inc. Share with Your Followers on Twitter Tweet Last month was not...

Trigild, a San Diego-based real estate firm that specializes in providing fiduciary services to lenders and special servicers as receiver, trustee, REO manager and disposition agent for real estate, has taken over a portfolio of five franchised hotels in Valencia, Thousand Oaks and San Luis Obispo, CA. As court appointed receiver, Trigild was given control of the five hotels while a legal action is pending. The court also provided for Trigild to...

Simpson Property Investments acquired the industrial building at 14665 Rancho Vista in Fontana, CA for $1.1 million, or about $73 per square foot, from MFP Investments West, Inc. The single-story industrial building, located on a one-acre parcel, totals 15,000 square feet. Built in 2000, the building will be occupied by the new owner. John Mulrooney of Lee & Associates represented the seller. David Valenzuela of Lee & Associates represented...

Simpson Property Investments acquired the industrial building at 14665 Rancho Vista in Fontana, CA for $1.1 million, or about $73 per square foot, from MFP Investments West, Inc. The single-story industrial building, located on a one-acre parcel, totals 15,000 square feet. Built in 2000, the building will be occupied by the new owner. John Mulrooney of Lee & Associates represented the seller. David Valenzuela of Lee & Associates represented...