California New Home Market Stays Cold in Summer Heat, CBIA Announces

SACRAMENTO - August 18, 2008 - (RealEstateRama) — The pace of sales at California new-home communities remained sluggish in June, following a resumed trend of deterioration in year-over-year sales declines that began in May, the California Building Industry Association reported today.

Kennedy Wilson Multifamily Returns to its Southern California Roots in Joint Venture with PCCP,...

MONTCLAIR, CA - August 15, 2008 - (RealEstateRama) — Seeing opportunity where others in the real estate industry only see challenges, Kennedy Wilson Multifamily Management Group (KW Multifamily), a Beverly Hills, CA-based apartment investor, and its partner PCCP, LLC (PCCP), an integrated real estate finance and investment management firm, have acquired a major multifamily asset on the western perimeter of the Inland Empire.

C.A.R. reports sales increased 17.5 percent; median home price fell 37.7 percent in June

LOS ANGELES, July 29, 2008 (RealEstateRama) – Home sales increased 17.5 percent in June in California compared with the same period a year ago, while the median price of an existing home fell 37.7 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

New Home Sales in Orange County Jump 20 Percent at End of First Quarter

Irvine, CA., – According to recent figures released by Hanley Wood Market Research, new home sales in Orange County spiked roughly 20 percent in March compared to February sales. A total of 206 new home sales were reported for March as compared with a total of 173 new home sales for February.

C.A.R. reports sales decreased 24.5 percent, median home price fell 29 percent in March

LOS ANGELES (April 25) – Home sales decreased 24.5 percent in March in California compared with the same period a year ago, while the median price of an existing home fell 29 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

Insurance Commissioner Poizner Issues Statement on Bush Administration Proposal to Overhaul Financial Regulation

SACRAMENTO ― Today Insurance Commissioner Steve Poizner issued the following statement regarding yesterday's announcement by the Bush administration to overhaul the nation's regulatory policies for commercial and investment banks and the financial market.

C.A.R. reports sales decrease 29.8 percent, median home price falls 21.9 percent

LOS ANGELES (Feb. 25) – Home sales decreased 29.8 percent in January in California compared with the same period a year ago, while the median price of an existing home fell 21.9 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today

HUGE 7 DAY Northern California Foreclosure Auction Event!

All homes open for inspection from 10AM to 5PM on 02/02/08, 02/09/08 and 02/10/08. 1000+ FORECLOSED HOMES MUST BE SOLD!!

Grubb & Ellis Company Unveils Grubb & Ellis Realty Investors

SANTA ANA, Calif. (Feb. 6, 2008) – Grubb & Ellis Company (NYSE: GBE), one of the world’s leading commercial real estate services and investment management firms, has renamed Triple Net Properties, LLC, its subsidiary, Grubb & Ellis Realty Investors, LLC.

Deals Abound for Buyers at Auction of Over 200 San Francisco Area Foreclosed Homes

SAN FRANCISCO, Calif., Feb. 5 /PRNewswire-USNewswire/ -- America's housing market may be fledging but with interest rates hitting historic lows and home prices falling, now is a great time to buy. With the market in their favor, more buyers are heading to foreclosed real estate auctions because they can purchase property at significant discounts. Hudson & Marshall, the country's largest foreclosed real estate auction firm, will auction over 200 bank owned homes in the San Francisco area on February 16th at 11:00am and February 17th at 1:00pm at the Hilton Oakland Airport


Fairfield, Calif., February 4, 2008 - The Fairfield Redevelopment Agency announces an invitation to purchase 4.29 acres of Agency-owned real property. The site offers prime commercial and residential development opportunities and is at 2030 North Texas Street, the former Fairfield Bowl property.

Cutting Edge Real Estate Analysis Software Now Available for Investors and Real Estate Professionals

This amazing software quickly figures cash flows, closing costs, break-even points, how much to spend on renovations, and a slew of ratios that bankers and investors find indispensable in analyzing an investment property.

Digital Realty Trust, Inc. Schedules Fourth Quarter and Full Year 2007 Earnings Release and...

SAN FRANCISCO, Jan. 15 /PRNewswire-FirstCall/ -- Digital Realty Trust (NYSE: DLR) today announced that it will hold a conference call on Wednesday, February 27, 2008 at 1:00 pm ET/10:00 am PT to discuss its fourth quarter and full year 2007 financial results and operating performance.

Leading Retailers and Shopping Center Managers Find Green Savings Outside with WeatherTRAK Smart Water...

NRF - Retail’s BIG Show, New York, NY — January 14, 2008 — WeatherTRAK smart water management network customers saved one billion gallons of water, 1.5 billion watt-hours of power and two million pounds of carbon dioxide (CO2) in 2007, announced the solution’s manufacturer HydroPoint Data Systems, Inc.

Kennedy Wilson Auctions and Sells 31 New Homes In Oxnard in 90 Minutes

BEVERLY HILLS, Calif. (December 3, 2007) – Kennedy Wilson Auction Group, a division of the national real estate services and investment firm Kennedy Wilson, conducted a special close out auction of 31 new homes in the gated community of Westwind in Oxnard, California on December 2, 2007.

Grubb & Ellis Company Enters Into $75 Million Credit Facility

SANTA ANA, Calif., Dec. 10 /PRNewswire-FirstCall/ -- Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment management firm, today announced that it closed its $75 million senior secured revolving credit facility with Deutsche Bank Trust Company Americas.

New Professional Service to Provide Financing Options for Real Estate Investors

Sacramento, CA, December 6, 2007 -- Duggs Realty, L.L.C., a leading real estate investment firm announced today it is expanding its service offerings for real estate investors.

As Value in Dollar Declines, Property Investments in France by Americans on the Rise

LOS ANGELES, Nov. 20 /PRNewswire/ -- While the U.S. real estate market continues to plummet, foreclosures rise at record rates and homes sit vacant for months at a time, the French real estate market is on a roll. In fact, more than 1,000 people move into France each month, causing a severe housing shortage.

PriceMyLoan Delivers On Its Promises With Private Testing Suite

COSTA MESA, Calif., Nov. 15 /PRNewswire/ -- PriceMyLoan (PML) today announced that Spectra Funding has implemented their automated underwriting and loan pricing technology. Spectra Funding was convinced of PriceMyLoan's capabilities in large part because of the private testing suite that was offered to them during the vendor due diligence process.

AMB Property Corporation(R) to Present at NAREIT’s Annual Convention

SAN FRANCISCO, Nov. 14 /PRNewswire-FirstCall/ -- AMB Property Corporation(R) (NYSE: AMB), a leading developer and owner of industrial real estate, today announced that Hamid R. Moghadam, the company's chairman and CEO, is scheduled to make an appearance at the National Association of Real Estate Investment Trust's Annual Convention being held at the Bellagio Hotel in Las Vegas, Nevada.

Popular Government & Nonprofit Press Releases

Recent Government & Nonprofit Press Releases


Congressman Ken Calvert (CA-42) and Congressman Darrell Issa (CA-49) praised the announcement by the U.S. Navy that it will be funding the construction of a new Fire Emergency Response Station at Marine Corps Base Camp Pendleton. The Navy is providing $15.5 million for the construction of the new fire station.