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Northern California Real Estate Investor Sentenced for Rigging Bids at Public Foreclosure Auctions

A Northern California real estate investor was sentenced yesterday for his role in a conspiracy to rig bids at public real estate foreclosure auctions in Northern California, the Department of Justice announced.

Bipartisan Repeatedly Flooded Properties Insurance Reform Introduced

U.S. Representatives Ed Royce (R-Calif.) and Earl Blumenauer (D-Ore.) introduced H.R. 1558, the Repeatedly Flooded Communities Preparation Act. The bill aims to limit the financial resources expended by the National Flood Insurance Program (NFIP) on claims for properties flooded multiple times

Royce Pushes for Better Flood Risk Mitigation and Transparency

U.S. Representative Ed Royce (R-Calif.) questioned expert witnesses about his proposal to help local communities mitigate flood risk and ways to increase transparency in flood insurance coverage for homeowners during a Housing and Insurance Subcommittee hearing entitled “Flood Insurance Reform: A Community Perspective."

AGUILAR RESPONDS TO TRUMP’S PLAN TO SLASH FUNDS SUPPORTING SAN BERNARDINO COUNTY RESIDENTS

Rep. Pete Aguilar issued a statement in response to President Donald Trump’s “skinny budget,” which outlines the priorities of the federal budget for Fiscal Year 2018. The president’s proposal would gut funding for critical federal programs affecting San Bernardino County residents, such as affordable housing, after school and summer programs, work-study aid, and transportation and infrastructure projects including the Redlands Passenger Rail, which is funded through the TIGER grant program

NAPOLITANO REJECTS TRUMP’S BUDGET PROPOSAL

Rep. Grace F. Napolitano (D-El Monte) rejected President Donald Trump’s budget proposal for fiscal year 2018, issuing the following statement: “In gutting the EPA and firing over 3,000 employees who work to remove toxins from our air, ground, and water, President Trump is risking the health of the public and our planet.

Colleges and Universities Can Lead America’s Shift to 100 Percent Renewable Energy

America’s colleges and universities are positioned to lead the transition to 100 percent renewable energy, according to a report released today by UCLA CALPIRG Students. The report stresses that a complete shift to clean, renewable energy is the best way for colleges and universities to achieve their carbon reduction goals and highlights schools across the country that are taking measures to make the transition to renewable energy

RANKING MEMBER NAPOLITANO CALLS FOR RENEWED FEDERAL COMMITMENT TO WATER-RELATED INFRASTRUCTURE

Rep. Grace F. Napolitano (D-El Monte), Ranking Member of the Subcommittee on Water Resources and Environment, called for renewed federal commitment to water-related infrastructure at the Subcommittee’s first hearing of the 115th Congress

Pelosi Statement on Civil Engineers’ D+ Grade for American Infrastructure

Democratic Leader Nancy Pelosi today released the following statement after the American Society of Civil Engineers (ASCE) released the quadrennial American Infrastructure Report Card, which scores a D+ for our nation’s infrastructure.
Rite-Aid_Menifee

Hanley Investment Group Arranges Sale of Single-Tenant NNN Rite Aid in Menifee, Calif., for...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, arranged the sale of a new single-tenant absolute net-lease Rite Aid property located at 28995 Newport Road in Menifee, Calif. The purchase price was $9 million, which represented a cap rate of 4.72 percent. More...

Learning from Leaders Promotes Leadership in Real Estate

“Learning from Leaders in the Year of the Fire Rooster” last Friday aimed at encouraging real estate professionals to be leaders in organized real estate. The event, hosted by the SILVAR's Global Business Council and Young Professionals Network (YPN), attracted over 100 members from SILVAR and other real estate associations.

LaMalfa and Garamendi Introduce Legislation to Facilitate Funding of Sites Reservoir

Northern California Representatives Doug LaMalfa (R-CA) and John Garamendi (D-CA) announced the introduction of H.R. 1269, which will accelerate the federal review of Sites Reservoir and better position the project for funding under Proposition 1. The bill also authorizes the federal government to be involved in construction of the project should it be found feasible and is an innovative new way for the federal government to participate in a locally controlled project

Garamendi Meets with Levee Stakeholders, Local Farmers, and Tours Emergency Levee Repairs

Over the course of five meetings on March 3rd, Congressman John Garamendi (D-Yuba City, Fairfield, Davis, CA) met with a number of local leaders and farmers focused on the Oroville Dam spillway crisis, its impact on farmers, job training programs, and affordable housing

Northern California Representatives Introduce Bill to Facilitate Construction of Sites Reservoir

Northern California Representatives Doug LaMalfa (R-CA) and John Garamendi (D-CA) announced the introduction of H.R. 1269, which will accelerate the federal review of Sites Reservoir and better position the project for funding under Proposition 1, the voter-approved California water bond designed to make the state’s water systems more resilient. The bill also authorizes the federal government to participate in construction of the project should it be found feasible
South Lake Ave

Hanley Investment Group Arranges Sale of Rare Five-Acre Fee-Simple Ground Lease on South Lake...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today the firm completed the sale of a rare fee-simple ground lease underlying The Shops on Lake Avenue retail and parking on South Lake Avenue in Pasadena, Calif. The property is shadow-anchored by Macy’s. The terms of the sale could not be disclosed.

Costa Statement on Initial CVP Water Allocations

The Bureau of Reclamation announced the initial Central Valley Project 2017 Water Supply Allocation for Friant, Eastside and American River division contractors. Rep. Jim Costa (CA-16) released the following statement
Ryan Flautz

Ryan Flautz Named Associate Principal at KTGY Architecture + Planning

International award-winning firm KTGY Architecture + Planning is pleased to announce the promotion of Ryan Flautz to associate principal at KTGY Architecture + Planning. Flautz joined KTGY in 2011 and has more than 25 years of residential design and project management experience. Flautz formerly served as executive director, production in KTGY’s Los Angeles office.

SERIAL ARSONIST ARRAIGNED FOR SETTING MULTIPLE FIRES AT APARTMENT COMPLEX IN FULLERTON

A serial arsonist was arraigned today for setting multiple fires at an apartment complex in Fullerton. Esther Eunjung Cha, 24, Fullerton, is charged with four felony counts of arson of another’s property, two felony counts of attempted arson, one misdemeanor count of possession of a controlled substance, and one misdemeanor count of possession of controlled substance paraphernalia. If convicted, Cha faces a maximum of eight years in state prison and is scheduled for a pre-trial hearing on March 2, 2017. The time and location are to be determined.

Elk Grove Ranks Among Top 20 Cities in the Country to Start a Family

Elk Grove’s s affordability, safety and quality of life amenities have once again placed it among the top cities in the country for young people looking to buy a home and start a family. In a study released this week by LendEDU, an online financial resource site, Elk Grove ranked 18th best city in the country to start a family

GRAND RE-OPENING OF THE SACRAMENTO VALLEY STATION

The City of Sacramento celebrated the grand re-opening of the Sacramento Valley Station downtown at 5th and I streets. The 68,000 square-foot building underwent a complete facelift including the addition of 25,000 square feet of mixed-use leasable space. The new, old station improves the experience for rail and transit users and restores treasured features of the building.

California Introduces 100% Renewable Energy Legislation

With federal climate and clean energy programs facing an uncertain future, California Senate President pro Tempore Kevin de León has introduced legislation to commit the Golden State to meet 100 percent of its electricity needs with renewable energy by 2045

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Northern California Real Estate Investor Sentenced for Rigging Bids at Public...

A Northern California real estate investor was sentenced yesterday for his role in a conspiracy to rig bids at public real estate foreclosure auctions in Northern California, the Department of Justice announced.

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House Passes Rep. Peters’ Amendment to Increase Infrastructure Resiliency

Last night, the House passed U.S. Congressman Scott Peters’ (CA-52) amendment to the Water Resources Development Act that gives the Army Corps of Engineers the resources to evaluate the structural health of its current infrastructure and construction projects. By using structural health monitoring, the Army Corps can increase the resiliency of potentially vulnerable infrastructure before a disaster strikes, and be able to more quickly evaluate damage after a disaster. Bahamas Real Estate