Commercial Real Estate Loans Refinancing Commercial Real Estate Commercial Mortgage 10 Year Fixed Rate 30 Year Amortization
A commercial mortgage is a mortgage loan secured by commercial property, such as an office building, shopping center, industrial warehouse, or apartment complex. The proceeds from a commercial mortgage are typically used to acquire, refinance, or redevelop commercial property.
Commercial mortgages are structured to meet the needs of the borrower and the lender. Key terms include the loan amount (sometimes referred to as "loan proceeds"), interest rate, term (sometimes referred to as the "maturity"), amortization schedule, and prepayment flexibility. Commercial mortgages are generally subject to extensive underwriting and due diligence prior to closing. The lender's underwriting process may include a financial review of the property and the property owner (or "sponsor"), as well as commissioning and review of various third-party reports, such as an appraisal.
There were $3.1 trillion of commercial and multifamily mortgages outstanding in the U.S. as of June 30, 2013. Of these mortgages, approximately 49% were held by banks, 18% were held by asset-backed trusts (issuers of CMBS), 12% were held by government-sponsored enterprises and Agency and GSE-backed mortgage pools, and 10% were held by life insurance companies.
Commercial mortgages can be structured as first liens or, if a greater loan amount is desired, the borrower may be able to obtain subordinate financing as well, sometimes structured as a mezzanine note or as preferred equity, which generally carries a higher interest rate.
Interest rates for commercial mortgages may be fixed-rate or floating rate. Fixed-rate mortgages on stabilized commercial real estate are generally priced based on a spread to swaps, with the swap spread matched to the term of the loan. Market interest rates as well as underwriting factors greatly affect the interest rate quoted on a particular piece of commercial real estate. Interest rates for commercial mortgages are usually higher than those for residential mortgages.
Many commercial mortgage lenders require an application fee or good-faith deposit, which is typically used by the lender to cover underwriting expenses such as an appraisal on the property. Commercial mortgages may also have origination or underwriting fees (paid at close as a reduction in loan proceeds) and/or exit fees (paid when the loan is repaid).
The term of a commercial mortgage is generally between five and ten years for stabilized commercial properties with established cash flows (sometimes called "permanent loans"), and between one and three years for properties in transition, for example, newly opened properties or properties undergoing renovation or repositioning (sometimes called "bridge loans"). Mortgages on multifamily properties that are provided by a government-sponsored enterprise or government agency may have terms of thirty years or more. Some commercial mortgages may allow extensions if certain conditions are met, which may include payment of an extension fee. Some commercial mortgages have an "anticipated repayment date," which means that if the loan is not repaid by the anticipated repayment date, the loan is not in default.
Commercial mortgages frequently amortize over the term of the loan, meaning the borrower pays both interest and principal over time, and the loan balance at the end of the term is less than the original loan amount. However, unlike residential mortgages, commercial mortgages generally do not fully amortize over the stated term, and therefore frequently end with a balloon payment of the remaining balance, which is often repaid by refinancing the property. Some commercial mortgages have an interest-only period at the beginning of the loan term during which time the borrower only pays interest.
Commercial loans vary in their prepayment terms, that is, whether or not a real estate investor is allowed to refinance the loan at will. Some portfolio lenders, such as banks and insurance companies, may allow prepayment flexibility. In contrast, for a borrower to prepay a conduit loan, the borrower will have to defease the bonds, by buying enough government bonds (treasuries) to provide the investors with the same amount of income as they would have had if the loan was still in place.
A commercial mortgage is typically taken on by a special purpose entity such as a corporation or an LLC created specifically to own just the subject property, rather than by an individual or a larger business. This allows the lender to foreclose on the property in the event of default even if the borrower has gone into bankruptcy, that is, the entity is "bankruptcy remote".
Commercial mortgages may be recourse or non-recourse. A recourse mortgage is supplemented by a general obligation of the borrower or a personal guarantee from the owner(s) of the property, which makes the debt payable in full even if foreclosure on the property does not satisfy the outstanding balance. A nonrecourse mortgage is secured only by the commercial property that serves as collateral. In an event of default, the creditor can foreclose on the property, but has no further claim against the borrower for any remaining deficiency.
If a sponsor is seeking financing on a portfolio of commercial real estate properties, rather than a single property, the sponsor may choose to take out a cross-collateralized loan, in which the all of the properties collateralize the loan.
Lenders may require borrowers to establish reserves to fund specific items at closing, such as anticipated tenant improvement and leasing commission (TI/LC) expense, needed repair and capital expenditure expense, and interest reserves.
Lenders usually require a minimum debt service coverage ratio which typically ranges from 1.1 to 1.4; the ratio is net cash flow (the income the property produces) over the debt service (mortgage payment). As an example if the owner of a shopping mall receives $300,000 per month from tenants, pays $50,000 per month in expenses, a lender will typically not give a loan that requires monthly payments above $227,273 (($300,000-$50,000)/1.1)), a 1.1 debt cover.
Lenders also look at loan to value (LTV). LTV is a mathematical calculation which expresses the amount of a mortgage as a percentage of the total appraised value. For instance, if a borrower wants $6,000,000 to purchase an office worth $10,000,000, the LTV ratio is $6,000,000/$10,000,000 or 60%. Commercial mortgage LTV's are typically between 55% and 70%, unlike residential mortgages which are typically 80% or above.
Lenders look at rents per square foot, cost per square foot and replacement cost per square foot. These metrics vary widely depending on the location and intended use of the property, but can be useful indications of the financial health of the real estate, as well as the likelihood of competitive new developments coming online.
Since the financial crisis, lenders have started to focus on a new metric, debt yield, to complement the debt service coverage ratio. Debt yield is defined as the net operating income (NOI) of a property divided by the amount of the mortgage.
Lenders typically do thorough extreme due diligence on a proposed commercial mortgage loan prior to funding the loan. Such due diligence often includes a site tour, a financial review, and due diligence on the property's sponsor and legal borrowing entity. Many lenders also commission and review third-party reports such as an appraisal, environmental report, engineering report, and background checks.
Providers of commercial mortgages
Banks, large and small, are traditional providers of commercial mortgages. According to the Federal Reserve, banks held $1.5 trillion of commercial mortgages on their books as of June 30, 2013.
Conduit lenders originate commercial mortgages and hold them as investments for a short period of time before securitizing the loans and selling CMBS secured by the underlying commercial mortgage loans. Conduit lenders include both banks and non-bank finance companies. Approximately $560 billion of commercial mortgages were held by issuers of CMBS as of June 30, 2013, according to the Federal Reserve.
Securitization of commercial mortgages in its current form began with the Resolution Trust Corporation's (or RTC's) commercial securitization program in 1992-1997. The RTC applied an approach similar to the one it had begun successfully using with residential mortgages, issuing multiple tranches of securities secured by diversified pools of commercial mortgage loans. Following the introduction of the securitization methods by the RTC, private banks began to originate loans specifically for the purpose of turning them into securities. These loans are typically structured to forbid prepayment beyond a specified amortization schedule. This makes the resultant securities more attractive to investors, because they know that the commercial mortgages will remain outstanding even if interest rates decline.
New CMBS issuance peaked in 2007 at $229 billion. Then, the subprime mortgage crisis and the resultant global financial crisis caused CMBS prices to fall dramatically, and new issuances of CMBS securities came to a virtual halt in 2008-2009. The market has begun to recover, with $12 billion in new issuance in 2010, $37 billion in new issuance in 2011, and $48 billion in new issuance in 2012.
Government-sponsored enterprises such as Fannie Mae and Freddie Mac, as well as government corporations such as Ginnie Mae, are active lenders for multifamily commercial real estate (that is, apartment buildings) in the United States. Approximately $390 billion of multifamily residential mortgages were held by government-sponsored enterprises or Agency and GSE-backed mortgage pools as of June 30, 2013, representing 12% of total commercial mortgages outstanding and 43% of multifamily commercial mortgages outstanding at that time.
Insurance companies are active investors in commercial mortgages, and hold approximately $325 billion of commercial mortgages as of June 30, 2013.
Mortgage brokers do not provide commercial mortgage loans, but are often used to obtain multiple quotes from different potential lenders and to manage the financing process.
Correspondent Lenders do not loan their own money, but provide front end services such as origination, underwriting, and loan servicing for lenders that utilize these types of companies. The correspondent often represents lenders in a particular geographic area.
Anaheim (pronounced //) is a city in Orange County, California, part of the Los Angeles metropolitan area. As of the 2010 United States Census, the city had a population of 336,265, making it the most populous city in Orange County and the 10th most populous city in California. Anaheim is the second largest city in Orange County in terms of land area (after Irvine) and is known for its theme parks, sports teams, and convention center.
Anaheim was founded by fifty German families in 1857 and incorporated as the second city in Los Angeles County on March 18, 1876. The city developed into an industrial center, producing electronics, aircraft parts and canned fruit. It is the site of the Disneyland Resort, a world-famous grouping of theme parks and hotels which opened in 1955, Angel Stadium of Anaheim, Honda Center and the Anaheim Convention Center.
Anaheim's city limits extend from Cypress in the west to the Riverside County line in the east and encompass a diverse collection of neighborhoods and communities. Anaheim Hills is a master-planned community located in the city's eastern stretches that is home to many sports stars and executives. Downtown Anaheim has three mixed-use historic districts, the largest of which is the Anaheim Colony. The Anaheim Resort, a commercial district, includes Disneyland, Disney California Adventure, and numerous hotels and retail complexes. The Platinum Triangle, a neo-urban redevelopment district surrounding Angel Stadium, is planned to be populated with mixed-use streets and high-rises. Finally, Anaheim Canyon is an industrial district north of SR 91 and east of SR 57.
See also: Timeline of Anaheim, California
The city of Anaheim was founded in 1857 by 50 German-Americans who were residents of San Francisco and whose families had originated in Rothenburg ob der Tauber, Franconia in Bavaria. After traveling through the state looking for a suitable area to grow grapes, the group decided to purchase a 1,165 acres (4.71 km2) parcel from Juan Pacifico Ontiveros' large Rancho San Juan Cajon de Santa Ana in present-day Orange County for $2 per acre.
For $750 a share, the group formed the Anaheim Vineyard Company. Their new community was named Annaheim, meaning "home by the Santa Anna River" in German. The name later was altered to Anaheim. To the Spanish-speaking neighbors, the settlement was known as Campo Alemán (English: German Field).
Although grape and wine-making was their primary objective, the majority of the 50 settlers were mechanics, carpenters and craftsmen with no experience in wine-making. The community set aside 40 acres (16 ha) for a town center and a school was the first building erected there. The first home was built in 1857, the Anaheim Gazette newspaper was established in 1870 and a hotel in 1871. For 25 years, the area was the largest wine producer in California. However, in 1884, a disease infected the grape vines and by the following year the entire industry was destroyed. Other crops – walnuts, lemons and oranges – soon filled the void. Fruits and vegetables had become viable cash crops when the Los Angeles – Orange County region was connected to the continental railroad network in 1887.
The famous Polish actress Helena Modjeska settled in Anaheim with her husband and various friends, among them Henryk Sienkiewicz, Julian Sypniewski and Lucjan Paprocki. While living in Anaheim, Helena Modjeska became good friends with Clementine Langenberger, the second wife of August Langenberger. Helena Street and Clementine Street are named after these two ladies, and the streets are located adjacent to each other as a symbol of the strong friendship which Helena Modjeska and Clementine Lagenberger shared. Modjeska Park in West Anaheim, is also named after Helena Modjeska.
During the first half of the 20th century, before Disneyland opened its doors to the public, Anaheim was a massive rural community inhabited by orange groves and the landowners who farmed them. One of the landowners was Bennett Payne Baxter, who owned much land in northeast Anaheim that today is the location of Angel Stadium. He came up with many new ideas for irrigating orange groves and shared his ideas with other landowners. He was not only successful, he helped other landowners and businesspeople succeed as well. Ben Baxter and other landowners helped to make Anaheim a thriving rural community before Disneyland changed the city forever. Today, a street runs along Edison Park which is named Baxter Street. Also during this time, Rudolph Boysen served as Anaheim's first Park Superintendent from 1921 to 1950. Boysen created a hybrid berry which Walter Knott later named the boysenberry, after Rudy Boysen. Boysen Park in East Anaheim was also named after him.
In 1924, Ku Klux Klan members were elected to the Anaheim City Council on a platform of political reform. Up until that point, the city had been controlled by a long-standing business and civic elite that was mostly German American. Given their tradition of moderate social drinking, the German Americans did not strongly support prohibition laws of the day. The mayor himself was a former saloon keeper. Led by the minister of the First Christian Church, the Klan represented a rising group of politically oriented non-ethnic Germans who denounced the elite as corrupt, undemocratic, and self-serving. The Klansmen aimed to create what they saw as a model, orderly community, one in which prohibition against alcohol would be strictly enforced. At the time, the KKK had about 1200 members in Orange County. The economic and occupational profile of the pro and anti-Klan groups shows the two were similar and about equally prosperous. Klan members were Protestants, as were the majority of their opponents, however the opposition to the Klan also included many Catholic Germans. Individuals who joined the Klan had earlier demonstrated a much higher rate of voting and civic activism than did their opponents, and many of the individuals in Orange County who joined the Klan did so out of a sense of civic activism. Upon easily winning the local Anaheim election in April 1924, the Klan representatives promptly fired city employees who were known to be Catholic and replaced them with Klan appointees. The new city council tried to enforce prohibition. After its victory, the Klan chapter held large rallies and initiation ceremonies over the summer.
The opposition to KKK's hold on Anaheim politics organized, bribed a Klansman for their secret membership list, and exposed the Klansmen running in the state primaries; they defeated most of the candidates. Klan opponents in 1925 took back local government, and succeeded in a special election in recalling the Klansmen who had been elected in April 1924. The Klan in Anaheim quickly collapsed, its newspaper closed after losing a libel suit, and the minister who led the local Klavern moved to Kansas.
Construction of the Disneyland theme park began on July 16, 1954, and it opened to the public on July 17, 1955. It has become one of the world's most visited tourist attractions, with over 650 million visitors since its opening. The location was formerly 160 acres (0.65 km2) of orange and walnut trees, some of which remain on the property. Hotels and motels began to spread and residential districts soon followed, with increasing property values. In 2001, Disney's California Adventure (renamed Disney California Adventure Park in 2010) the most expansive project in the theme park's history, opened to the public.
In 1970, the Census Bureau reported Anaheim's population as 9.3% Hispanic and 89.2% non-Hispanic white. In the late 20th century, Anaheim grew rapidly in population. Today, Anaheim has a diverse ethnic and racial composition.
During the large expansion of the Disneyland resort in the 1990s, the city of Anaheim recognized the Anaheim Resort area as a tourist destination. It includes the Disneyland Resort, the Anaheim Convention Center, the Honda Center, and Angel Stadium. In 2007, the city celebrated its sesquicentennial.
July 2012 protests
Main article: Anaheim police shooting and protests
In July 2012, political protests by Hispanic residents occurred following the fatal shooting of two men who were unarmed. Protesting occurred in the area between State College and East Street, and was motivated by concerns over police brutality, gang activity, domination of the city by commercial interests, and a perceived lack of political representation of Hispanic residents in the city government. The protests were accompanied by looting of businesses and homes.
Anaheim is located at Downtown Los Angeles.. and is approximately 25 miles (40 km) south east of
According to the United States Census Bureau, the city has a total area of 50.8 square miles (132 km2). 49.8 square miles (129 km2) of it is land and 1.0 square mile (2.6 km2) of it (1.92%) is water.
"Anaheim Canyon" redirects here. For the Metrolink train station, see Anaheim Canyon station.
The city recognizes several districts, including the Anaheim Resort (the area surrounding Disneyland), Anaheim Canyon (an industrial area north of the Riverside Freeway and east of the Orange Freeway), and the Platinum Triangle (the area surrounding Angel Stadium). Anaheim Hills also maintains a distinct identity.
Communities and neighborhoods
Downtown Anaheim is located in the heart of the Colony Historic District. Downtown is the administrative heart of the city where you find City Hall, Anaheim West Tower, Anaheim Police Headquarters, the Anaheim Chamber of Commerce and the Main Library. Anaheim Ice (formerly Disney Ice), the Downtown Anaheim Farmer's Market, a food hall in a historic 1919 Sunkist packing house, and the Center Street Promenade are also located in Downtown Anaheim. In the Fall of 2007, The Muzeo, the newest major museum in Orange County, opened its doors for the first time and is located next to Anaheim West Tower. Pearson Park is also located in Downtown Anaheim, and is named after Charles Pearson, who was Mayor of Anaheim during the time Walt Disney opened Disneyland in Anaheim. One of the major attractions located in Pearson Park is the Pearson Park Amphitheater. In the Colony Historic District just west of Downtown Anaheim is the Mother Colony House, which was built by George Hanson and was the first house built in Anaheim, the Founder of Anaheim. Today, it is Anaheim's and Orange County's oldest museum still open to the public. The Stoffel House is a Victorian Mansion located next door to the Mother Colony House. Originally the Victorian Home was occupied by the Stoffel Family, early pioneer residents of Anaheim. The home served as headquarters for the local Red Cross until the early 1990s. In 2010–2011, the Woelke-Stoeffel house became refurnished and is now part of the Founder's Park complex. Founder's Park includes the Mother Colony house and a carriage house, which serves as a museum of Anaheim's agricultural history. These three buildings are open every first Saturday from 9 to 12 pm.
The 2010 United States Census reported that Anaheim had a population of 336,265. The population density was 6,618.0 people per square mile (2,555.2/km²). The racial makeup of Anaheim was 177,237 (52.7%) White (27.5% non-Hispanic White alone), 9,347 (2.8%) African American, 2,648 (0.8%) Native American, 49,857 (14.8%) Asian (4.4% Vietnamese, 3.6% Filipino, 2.0% Korean, 1.4% Chinese, 1.3% Indian), 1,607 (0.5%) Pacific Islander, 80,705 (24.0%) from other races, and 14,864 (4.4%) from two or more races. Hispanic or Latino of any race were 177,467 persons (52.8%); 46.0% of Anaheim's population was of Mexican descent, 1.2% Salvadoran, and 1.0% Guatemalan; the remainder of the Hispanic population came from smaller ancestral groups.
The census reported that 332,708 people (98.9% of the population) lived in households, 2,020 (0.6%) lived in non-institutionalized group quarters, and 1,537 (0.5%) were institutionalized.
There were 98,294 households, out of which 44,045 (44.8%) had children under the age of 18 living in them, 52,518 (53.4%) were opposite-sex married couples living together, 14,553 (14.8%) had a female householder with no husband present, 7,223 (7.3%) had a male householder with no wife present. There were 6,173 (6.3%) unmarried opposite-sex partnerships, and 733 (0.7%) same-sex married couples or partnerships. 17,448 households (17.8%) were made up of individuals and 6,396 (6.5%) had someone living alone who was 65 years of age or older. The average household size was 3.38. There were 74,294 families (75.6% of all households); the average family size was 3.79.
The age distribution of the population was as follows: 91,917 people (27.3%) under the age of 18, 36,506 people (10.9%) aged 18 to 24, 101,110 people (30.1%) aged 25 to 44, 75,510 people (22.5%) aged 45 to 64, and 31,222 people (9.3%) who were 65 years of age or older. The median age was 32.4 years. For every 100 females there were 99.0 males. For every 100 females age 18 and over, there were 97.1 males.
There were 104,237 housing units at an average density of 2,051.5 per square mile (792.1/km²), of which 47,677 (48.5%) were owner-occupied, and 50,617 (51.5%) were occupied by renters. The homeowner vacancy rate was 1.7%; the rental vacancy rate was 7.2%. 160,843 people (47.8% of the population) lived in owner-occupied housing units and 171,865 people (51.1%) lived in rental housing units.
According to the 2010 United States Census, Anaheim had a median household income of $59,627, with 15.6% of the population living below the federal poverty line.
As of the census of 2000, there were 328,014 people, 96,969 households, and 73,502 families residing in the city. The population density was 6,842.7 inhabitants per square mile (2,587.8/km²). There were 99,719 housing units at an average density of 2,037.5 per square mile (786.7/km²). The racial makeup of the city was 55% White, 3% Black or African American, 0.9% Native American, 12% Asian, 0.4% Pacific Islander, 24% from other races, and 5% from two or more races. 46% of the population were Hispanic or Latino.
Of Anaheim's 96,969 households, 43.0% had children under the age of 18 living with them, 56.3% were married couples living together, 13.1% had a female householder with no husband present, and 24.2% were non-families. 18.1% of all households were made up of individuals and 6.1% had someone living alone who was 65 years of age or older. The average household size was 3.34 and the average family size was 3.75.
In the city the population was spread out with 30.2% under the age of 18, 10.5% from 18 to 24, 33.5% from 25 to 44, 17.7% from 45 to 64, and 8.2% who were 65 years of age or older. The median age was 30 years. For every 100 females there were 100.1 males. For every 100 females age 18 and over, there were 98.1 males.
The median income household income was $47,122, and the median family income was $49,969. Males had a median income of $33,870 versus $28,837 for females. The per capita income for the city was $18,266. About 10.4% of families and 14.1% of the population were below the poverty line, including 18.9% of those under age 18 and 7.5% of those age 65 or over.
Anaheim's income is based on a tourism economy. In addition to The Walt Disney Company being the city's largest employer, the Disneyland Resort itself contributes about $4.7 billion annually to Southern California's economy. It also produces $255 million in taxes every year. Another source of tourism is the Anaheim Convention Center, which is home to many important national conferences. Many hotels, especially in the city's Resort district, serve theme park tourists and conventiongoers.
The Anaheim Canyon business park makes up 63% of Anaheim's industrial space and is the largest industrial district in Orange County. Anaheim Canyon is also home to the second largest business park in Orange County. Anaheim Canyon houses 2,600 businesses, which employ over 55,000 workers.
Several notable companies have corporate offices and/or headquarters within Anaheim.
According to the City's 2012 Comprehensive Annual Financial Report, the top employers in the city are:
Larger retail centers include the power centers Anaheim Plaza in western Anaheim (347,000 ft2), and Anaheim Town Square in East Anaheim (374,000 ft2), as well as the Anaheim GardenWalk lifestyle center (440,000 ft2 of retail, dining and entertainment located in the Anaheim Resort).
Defunct or Relocated teams
Court battle against the Angels
Main article: City of Anaheim v. Angels Baseball LP
On January 3, 2005, Angels Baseball LP, the ownership group for the Anaheim Angels, announced that it would change the name of the club to the Los Angeles Angels of Anaheim. Arturo Moreno believed Team spokesmen pointed out that from its inception, the Angels had been granted territorial rights by Major League Baseball to the counties of Los Angeles, Ventura, Riverside, and San Bernardino in addition to Orange County. The new owner knew the name would help him market the team to the entire Southern California region rather than just Orange County. The "of Anaheim" was included in the official name to comply with a provision of the team's lease at Angel Stadium which requires that "Anaheim" be included in the team's name.
Mayor Curt Pringle and other city officials countered that the name change violated the spirit of the lease clause, even if it were in technical compliance. They argued that a name change was a major bargaining chip in negotiations between the city and Disney Baseball Enterprises, Inc., then the ownership group for the Angels. They further argued that the city would never have agreed to the new lease without the name change, because the new lease required that the city partially fund the stadium's renovation but provided very little revenue for the city. Anaheim sued Angels Baseball LP in Orange County Superior Court, and a jury trial was completed in early February 2006, resulting in a victory for the Los Angeles Angels of Anaheim franchise.
Anaheim appealed the court decision with the California Court of Appeal in May 2006. The case was tied up in the Appeals Court for over two years. In December 2008, the Appeals Court upheld the February 2006 Decision and ruled in favor of The Angels Organization. In January 2009, the Anaheim City Council voted not to appeal the court case any further, bringing an end to the four-year legal dispute between the City of Anaheim and the Angels Organization.
Government and politics
See also: List of mayors of Anaheim, California
Under its city charter, Anaheim operates under a council-manager government. Legislative authority is vested in a city council of five nonpartisan members, who hire a professional city manager to oversee day-to-day operations. The mayor serves as the presiding officer of the city council in a first among equals role. Under the city's term limits, an individual may serve a maximum of two terms as a city council member and two terms as the mayor.
Up until 2014, all council seats were elected at large. Voters elected the mayor and four other members of the city council to serve four-year staggered terms. Elections for two council seats were held in years divisible by four while elections for the mayor and the two other council seats were elected during the intervening even-numbered years.
In response to protests and a California Voting Rights Act lawsuit by the American Civil Liberties Union and several residents, the city placed two measures on the November 2014 ballot. Measure L proposed that council members be elected by district instead of at large. Measure M proposed to increase the number of council seats from five to seven. Both measures passed.
The current city council:
Federal, state and county representation
In the United States House of Representatives, Anaheim is split among three Congressional districts:
In the California State Senate, Anaheim is split among three districts:
In the California State Assembly, Anaheim is split among three districts:
On the Orange County Board of Supervisors, Anaheim is divided between two districts, with Anaheim Hills lying in the 3rd District and the remainder of Anaheim lying in the 4th District:
Fire protection is provided by the Anaheim Fire Department, Disneyland Resort has its own Fire Department, though it does rely on the Anaheim Fire Department for support, and for Paramedic Services. Law enforcement is provided by the Anaheim Police Department. Ambulance service is provided by Care Ambulance Service.
Anaheim Public Utilities
Anaheim Public Utilities is the only municipal owned water and electric utility in Orange County, providing residential and business customers with water and electric services. The utility is regulated and governed locally by the City Council. A Public Utilities Board, made up of Anaheim residents, advises the City Council on major utility issues.
Anaheim has decided to bury power lines along major transportation corridors, converting its electricity system for aesthetic and reliability reasons. To minimize the impact on customer bills, undergrounding is taking place slowly over a period of 50 years, funded by a 4% surcharge on electric bills.
In 2003, Anaheim reported nine murders; given its population, this rate was one-third of the national average. Reported rapes the city are relatively uncommon as well, but have been increasing, along with the national average. Robbery (410 reported incidents) and aggravated assault (824 incidents) rank among the most frequent violent crimes in the city, though robbery rates are half of the national average, and aggravated assaults are 68% of the average. 1,971 burglaries were reported, as well as 6,708 thefts, 1,767 car thefts, and 654 car accidents. All three types of crime were below average. There were 43 cases of arson reported in 2003, 43% of the national average.
Anaheim is served by seven public school districts:
Anaheim is home to 84 public schools, of which 46 serve elementary students, nine are junior high schools, fourteen are high schools and six offer alternative education.
North Orange County Community College District serves the community.
Anaheim has eight public library branches.
In the western portion of the city (not including Anaheim Hills), the major surface streets run east to west, starting with the northernmost, Orangethorpe Avenue, La Palma Avenue, Lincoln Avenue, Ball Road and Katella Avenue. The major surface streets running north-south, starting with the westernmost, are Knott Avenue, Beach Boulevard (SR 39), Magnolia Avenue, Brookhurst Street, Euclid Street, Harbor Boulevard, Anaheim Boulevard and State College Boulevard.
The Santa Ana Freeway (I-5), the Orange Freeway (SR 57) and the Riverside Freeway (SR 91) all pass through Anaheim. The Costa Mesa Freeway (SR 55), and the Eastern Transportation Corridor (SR 241) also have short stretches within the city limits.
Anaheim is served by two major railroads, the Union Pacific Railroad and the BNSF Railway. In addition, the Anaheim Regional Transportation Intermodal Center (ARTIC), a major regional train station near Honda Center and Angel Stadium, serves both Amtrak and Metrolink rail lines, and the Anaheim Canyon Metrolink station serves Metrolink's IEOC Line. ARTIC connects bus, rail including the proposed California High-Speed Rail Network and the proposed Anaheim Fixed-Guideway Transit Corridor.
The Orange County Transportation Authority (OCTA) provides bus service for Anaheim with local and county-wide routes, and both the OCTA and the Los Angeles County Metro offer routes connecting Anaheim to Los Angeles County. Also, the not-for-profit Anaheim Resort Transit (ART) provides local shuttle service in the Disneyland Resort area serving local hotels and both the California Adventure and Disneyland theme parks, and Disney GOALS, operates daily free bus service for low-income youth in the central Anaheim area.
Main article: List of people from Anaheim, California
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