Press Releases
Property, Rentals, Transactions

Pulte Homes Violated State Law in Manipulating Home Sales Prices, Lawsuit Claims

San Francisco, CA - October 27, 2009 - (RealEstateRama) — A California homeowner filed a class-action lawsuit against Pulte Homes Corporation (NYSE: PHM) claiming the company engaged in a sophisticated and integrated fraudulent scheme to artificially prop up sales and home sale prices through convoluted control of the home sale process.

MERIT Promotes Joe Price to Northern California Vice President of Community Management

Sacramento, CA - October 12, 2009 - (RealEstateRama) — MERIT, a leading provider of professional community association and rental management services, promoted Joe Price to Northern California Vice President of Community Management. Price will be responsible for leading the Northern California division while positioning for growth in the East Bay, Central Valley, Stockton and San Francisco markets.

MERIT Hires Sherrie LeVan as Residential Property Manager for Expanded Rental Services

Aliso Viejo, CA - October 9, 2009 - (RealEstateRama) — MERIT, a leading provider of professional community association management services, recently hired Sherrie LeVan as residential property manager for the firms expanded rental property services. MERIT Rental Property Management, Inc. expands MERIT’s current portfolio of services to include leasing and property management for single-family, condominium and urban residences

MERIT Property Management’s San Diego Office Positions for Growth and Relocates to Expanded Office Space

New office was designed with sustainable green design principles. San Diego, CA - October 9, 2009 - (RealEstateRama) — MERIT, a leading provider of professional community association and rental management services, announces the relocation of their San Diego office due to rapid growth in the region. The relocation also created the opportunity for MERIT to design the new office space with sustainable green design principles

Sacramento’s Premier Active Adult Community, Heritage Park, Selects MERIT for Property Management Services

Heritage Park will take advantage of MERIT’s Active Adult Adventure Program

Sacramento, CA - September 30, 2009 - (RealEstateRama) — The Heritage Park Homeowners Association has selected MERIT, a leading provider of professional community association and rental management services, to manage their 965 single family active adult community located in North Natomas area of Sacramento, CA. MERIT will assist the board of directors with daily operations to provide quality service as well as add a new adventure program for active adults.

Grand Opening Auction Of Oxnard Garden

Eleven Homebuyers in North Hollywood, CA Outbid Hundreds To Purchase a New Home. BEVERLY HILLS, CA - September 1, 2009 - (RealEstateRama) — Kennedy Wilson Auction Group, a division of the international real estate services and investment firm Kennedy Wilson, conducted an auction of 11 new single family homes in North Hollywood, California on August 30, 2009 at the Sheraton Universal Hotel, Universal City

Elsevier Inc. Renews Lease at 525 B Street in Downtown San Diego

SAN DIEGO, CA - August 18, 2009 - (RealEstateRama) — The San Diego Office of Hines, the international real estate firm, announced today that Elsevier Inc. has renewed its lease for 31,200 square feet at 525 B Street, Golden Eagle Plaza, in downtown San Diego.

Three Vision Awards Presented to MERIT Employees by the California Association of Community Managers

MERIT achieves high honors for outstanding service. Aliso Viejo, CA, August 5, 2009 — MERIT, a leading provider of professional community association and rental management services, announced that Susana McKellar, Jamie Mayo and Marybeth Green were presented with Vision Awards by the California Association of Community Managers (CACM). They were recognized for outstanding service and dedication to their communities at the Vision Award ceremony held on July 30th at the Disneyland Hotel in Anaheim, CA.

First American National Default Title Services Introduces National Residential Rental Services Division

New Servicing Division Provides Rental Strategies for Financial Institutions. SANTA ANA, CA - July 17, 2009 - (RealEstateRama) — First American National Default Title Services, a division of First American Title Insurance Company, announced today the launch of its new National Residential Rental Services (NRRS) Division, which provides financial institutions with an efficient option for evaluating and executing rental-based loss mitigation strategies for non-rural, non-seasonal, multistate single-family Real Estate Owned (REO) properties.

C.A.R. Chief Economist to kickoff event

Chief Economist Leslie Appleton-Young to kickoff “Gain the Edutizing Edge” in San Francisco on Aug. 4. LOS ANGELES, CA - July 15, 2009 - (RealEstateRama) — Real Estate Business Services® (REBS®) in conjunction with the CALIFORNIA ASSOCIATION OF REALTOR® (C.A.R.) is pleased to announce that C.A.R. Chief Economist Leslie Appleton-Young and a dynamic group of real estate experts will share their knowledge with REALTORS® at a special program “Gain the EDUTIZING Edge: How to build your business by giving today’s buyers and sellers what they really value–local market insight!” The program will be held Aug. 4, the day before Inman’s Real Estate Connect in San Francisco at the Palace Hotel.

MERIT Hires Stephen Brahs as Vice President for Expanded Rental Property Management Services

Will oversee MERIT’s rental property management operations. Aliso Viejo, CA - June 22, 2009 - (RealEstateRama) — MERIT, a leading provider of professional community association management services, recently hired Stephen Brahs as the Vice President of MERIT Rental Property Management, Inc

Permit Issued to Create Six-Inch Cap Over Former Landfill Property

April 13, 2009 - (RealEstateRama) — The owner of the property located at 6400 Loynes Drive has received an emergency permit issued by the California Coastal Commission (CCC), which authorizes the import of 1,000 cubic yards of dirt to cap any exposed landfill property, per orders to comply from the California Integrated Waste Management Board and the South Coast Air Quality Management District.

Kennedy Wilson Awarded 1.2 Million Square Feet of New Management Assignments

BEVERLY HILLS, CA - April 01, 2009 - (RealEstateRama) — Kennedy Wilson Properties, LTD. (KWP), a division of the international real estate services and investment company Kennedy Wilson, has been retained for 1.2 million square feet of new management assignments, of which 850,000 square feet are located on the West Coast, according to Jim Rosten, president of KWP.

Pelosi: With This Housing Bill, We Can Protect the American Dream and Preserve It for America’s Families

Washington, D.C. - March 10, 2009 - (RealEstateRama) — Speaker Nancy Pelosi released the following statement on the House’s passage of HR 1106, the Helping Families Save Their Homes Act, by a vote of 234 to 191

State’s existing home sales increased 100.8 percent

LOS ANGELES, CA - February 27, 2009 - (RealEstateRama) — Home sales increased 100.8 percent in January in California compared with the same period a year ago, while the median price of an existing home fell 40.5 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today