REMINDER: TIME SENSITIVE! To SURPLUS or NOT to SURPLUS: That is the question? Assembly Bill 1486 (“AB 1486”), approved and effective January 1, 2020, revised the California Surplus Land Act (Govt. Code Sect.54220) (“Act or Surplus Land Act”) to expand requirements for local agencies; fundamentally altering the required process to sell and dispose of designated…
To SURPLUS or NOT to SURPLUS: That is the question? – Assembly Bill 1486 (“AB 1486”), approved and effective January 1, 2020, revised the California Surplus Land Act (Govt. Code Sect.54220) (“Act or Surplus Land Act”) to expand requirements for local agencies; fundamentally altering the required process to sell and dispose of designated surplus property.…
Bond Buyer article by Keeley Webster titled “Kosmont grows by helping California cities navigate post-redevelopment world” is about how Larry Kosmont’s advisory and real estate firm thrived after the state axed local redevelopment agencies.
Prime residential, commercial and industrial properties. Cathedral City is a dynamic community with vibrant residential, commercial and industrial areas. The selected buyers will benefit from an infill residential and/or commercial opportunity in a superior community with strong market demand and prices.
Have you cleaned out your RDA property garage? Tick Tock… Sell your remaining RDA properties before the Oversight Board roll-up. Don’t delay and risk losing control.
The Los Banos Designated Local Authority (“Seller”) is looking to identify buyers for sites comprising residential and commercial zoned land (“Sites”) in the City of Los Banos in the County of Merced.
The Hacienda La Puente Unified School District is seeking a qualified & experienced buyer/developer for an exceptional residential development opportunity on a 5-acre former school site (“Site”) located north of 60 FWY at border of Avocado Heights & City of Industry.
Prime Downtown Mixed-use Properties.
Kosmont Realty Corporation (KRC) is proud to present recently sold Redevelopment Agency (RDA) dissolution properties. KRC is succeeding at selling former RDA assets!