California RealEstateRama

California RealEstateRama is an Internet based Real Estate News and Press Release distributor chanel of RealEstateRama for California Real Estate publishing community.

RealEstateRama staff editor manage to selection and verify the real estate news for State of California.

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california (at) realestaterama (dot) com   http://california.realestaterama.com/

    Statement of Paul Leonard, California Director on Gov. Jerry Brown’s May Budget Revise

    May 16, 2012 – (RealEstateRama) — California’s dire budget situation claimed a new casualty in the governor’s May Revise yesterday: $410 million in bank penalty funds from the National Mortgage Settlement intended to assist California homeowners. The governor instead proposed to use the funds to reduce the state’s deficit rather than to help borrowers access settlement programs.

    HENRY HANNA HONORED WITH SPERRY VAN NESS AMBASSADOR AWARD

    MAY 2012, SALISBURY, MD – May 15, 2012 – (RealEstateRama) — Sperry Van Ness – Miller Commercial Real Estate is pleased to announce Henry Hanna, CCIM, SIOR was awarded the SVN Ambassador Award at the 2012 National Conference in San Diego, CA. This is awarded each year to one advisor who represents Sperry Van Ness to the public and to the real estate community across the country.

    JG CONSTRUCTION TO BUILD SPECIALTY RETAIL PROJECT IN NEWPORT BEACH

    NEWPORT BEACH, CA – May 10, 2012 – (RealEstateRama) — JG Construction, a Chino, Calif.-based commercial/retail contracting firm, has begun demolition of existing structures and site preparation under a construction contract for Newport Place, a 12,351 square-foot retail center at 4221-4225 MacArthur Blvd

    NAI Capital’s Timothy P. Foutz and Fred Ferro Close $3.8 Million Dollar Deal in Newbury Park, CA

    NEWBURY PARK, CA – May 8, 2012 – (RealEstateRama) — NAI Capital’s Fred Ferro with the Ventura County office and Timothy P. Foutz , with the Encino office, represented the Seller, C-F Investment Company, in the sale of a 53,650 SF industrial property located at 2651 Lavery Court to the Buyer, Martin W. Foreman. The value of the sales transaction was over $3.8 million.

    GEORGE SMITH PARTNERS HIRES FINANCING EXPERT STEPHEN STEIN

    LOS ANGELES, CA – May 8, 2012 – (RealEstateRama) — Commercial real estate investment banking firm George Smith Partners has announced the addition of Stephen Stein as a Vice President for the company, strengthening its ability to help clients select and craft capital structures which best suit their needs, according to Steve Bram, Principal and Managing Director of George Smith Partners.

    Hanley Investment Group Launches HIG NNN

    IRVINE, CA – May 7, 2012 – (RealEstateRama) — Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the western United States and a market leader in the sale of retail properties, announced today that Eric P. Wohl and Edward B. Hanley have launched HIG NNN, a new division of Hanley Investment Group, specializing in the sale and advisory of single-tenant net lease properties across the United States

    GEORGE SMITH PARTNERS ARRANGES FINANCING FOR THE ACQUISITION AND DEVELOPMENT OF A NEW 95-UNIT MULTIFAMILY PROJECT IN WEST LOS ANGELES

    LOS ANGELES, CA – May 4, 2012 – (RealEstateRama) — Commercial real estate investment banking firm George Smith Partners has successfully arranged financing on behalf of its client ADC Realty Group (ADC) for the acquisition and construction of a 95-unit, multifamily property in West Los Angeles. The financing included $11.115 million in joint venture and construction equity, according to Vice President, Jonathan Lee. Lee was assisted by George Smith Partners’ Analyst Shine Cheng.

    Hanley Investment Group Lists for Sale Trophy Property in Newport Beach, Calif.

    IRVINE, CA – May 3, 2012 – (RealEstateRama) — Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment sales groups in the western United States and a market leader in the sale of retail properties, announced today that Edward B. Hanley and Eric P. Wohl have exclusively listed for sale a trophy 24,191-square-foot multi-tenant retail center along Pacific Coast Highway in Newport Beach, Calif. The property is offered for sale unpriced.

    VOIT COMPLETES SALE OF 24 OFFICE/INDUSTRIAL/FLEX CONDOS TOTALING 65,000 SQUARE FEET IN SAN DIEGO COUNTY

    San Diego, CA – May 3, 2012 – (RealEstateRama) — Voit Real Estate Services’ San Diego office has completed the sale of 24 office/industrial/flex condos encompassing 65,000 square feet in the Venture Commerce Center in Oceanside, Calif. on behalf of the seller for a total consideration of $6.25 million.

    VOIT DIRECTS 13.26 ACRE LAND SALE FOR DEVELOPMENT IN THE INLAND EMPIRE

    INLAND EMPIRE, CA – May 3, 2012 – (RealEstateRama) — Voit Real Estate Services’ Inland Empire office has directed the $2.74 million sale of a 13.26-acre parcel of land in Redlands, Calif. on behalf of the seller. The raw, unentitled land is zoned for commercial/office use, and was purchased for future development, according to Patrick Wood, a Senior Associate in Voit’s Inland Empire office.

    IDX Broker software revolutionizes online property search for the California real estate website of Steven Pierce

    EUGENE, OR – April 26, 2012 – (RealEstateRama) — IDX, Inc. welcomes Steven Pierce, the latest real estate agent or broker to adopt IDX Broker software for their professional website. Pierce can easily maintain his website and customize the search capabilities on his website, thanks to his IDX solution. Home seekers of the Palo Alto, California now have complete access to the MLSListings Inc. MLS (MLSListings) listings. It is now easier than ever to search through, on the search page Pierce hosts. She can supply home seekers with a dynamic and thorough property search experience, all from the convenience and ease of her own website.

    Southern California Edison joins the Demand Response Partnership Program

    Innovative program established by the U.S. Green Building Council and Environmental Defense Fund to drive adoption of demand response in commercial building market Washington, DC – April 26, 2012 – (RealEstateRama) — The U.S. Green Building Council (USGBC) and Environmental Defense Fund (EDF) today announced that Southern California Edison (SCE) has joined the Demand Response [...]

    U.S. Green Building Council Names Top 10 Green Building Policies in California

    Sacramento, CA – April 26, 2012 – (RealEstateRama) — The U.S. Green Building Council (USGBC), in conjunction with USGBC California, an organization representing eight California USGBC chapters, today released its inaugural Top 10 list of State and Local Green Building Policies in California. These policies were recognized for the way each has advanced green building practices in the state.

    VOIT REPORTS POSITIVE NET ABSORPTION AND DROP IN VACANCY IN SACRAMENTO INDUSTRIAL AND RETAIL MARKETS

    Sacramento, CA – April 26, 2012 – (RealEstateRama) — In the first quarter of 2012, the Sacramento industrial market posted 673,501 square feet of positive net absorption, giving the market a total of nearly 1.4 million square feet of positive absorption over the past four quarters. In addition, the vacancy rate for the region’s retail market decreased to 9.94 percent – the first sub-ten percent vacancy rate in this market in ten quarters, according to a First Quarter Market Report by Voit Real Estate Services

    VOIT REAL ESTATE SERVICES DIRECTS SIX TRANSACTIONS TOTALING $10 MILLION IN ORANGE AND LA COUNTIES

    SOUTHERN CA – April 24, 2012 – (RealEstateRama) — Voit Real Estate Services has directed six transactions in Orange County and Los Angeles County encompassing 121,265 square feet for a total consideration of $9.85 million

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