California RealEstateRama

SAN FRANCISCO, Jan. 22 /PRNewswire-FirstCall/ -- AMB Property Corporation(R) (NYSE: AMB), a leading developer and owner of industrial real estate, today announced that Eugene F. Reilly, the company's president, the Americas, is scheduled to make an appearance at Bank of America's 2008 "Out of the Box" REIT Summit, which is being held at the Palace Hotel in New York City.

Englewood, Colorado and Palo Alto, Calif. Metro Brokers today announced a partnership to deliver the real estate industry’s most advanced website targeted at real estate buyers and sellers, as well as anyone looking for local and national information on any property address. Based on technology from Terabitz, the new Metro Brokers website will be a complete “Property Information Portal” that will provide direct access to Colorado MLS feeds, rentals, foreclosures, for sale by owner, condos, as well as neighborhood information, local area expertise, and professional service providers.

NORWALK, Calif. and PALO ALTO, Calif., Jan. 22 /PRNewswire/ -- All California Brokerage, Inc. (ACB), today announced a sophisticated new website that integrates MLS, provides unique search and mapping capabilities and includes the most complete database of local area information and expertise. Powered by Terabitz, the new ACB website is the first site to provide complete coverage of Southern California property listings.

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.

SAN FRANCISCO, CA - January 16, 2008 - Wachovia Wealth Management today announced 20 new hires across Northern and Southern California, continuing to build a team to deliver the full range of wealth management services to high net worth individuals, their families and businesses. As part of the build-out, Wachovia is establishing Legal Specialty Group teams in San Francisco and Los Angeles to serve the unique financial needs of law firms and attorneys.

Sacramento, CA - Today, a broad-based coalition of California property owners announced that the California Secretary of State has certified the qualification of the "California Property Owners and Farmland Protection Act" for the June 2008 ballot. In November of last year, a coalition of home and business owners, family farmers and taxpayer groups submitted over 1.1 million signatures.

IRVINE, CA - January 16, 2008 - Wachovia Wealth Management today announced 20 new hires across Northern and Southern California, continuing to build a team to deliver the full range of wealth management services to high net worth individuals, their families and businesses. As part of the build-out, Wachovia is establishing Legal Specialty Group teams in San Francisco and Los Angeles to serve the unique financial needs of law firms and attorneys.

LOS ANGELES, Jan. 16 /PRNewswire-FirstCall/ -- comScore, a leader in measuring the digital world, ranked REALTOR.com as the most visited real estate website in December 2007(1). Zillow.com ranked number ten, falling three positions from November to December 2007(1).

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.

WALNUT CREEK, Calif., Jan. 15 /PRNewswire-FirstCall/ -- PMI Mortgage Insurance Co., the U.S. subsidiary of The PMI Group, Inc. (NYSE: PMI), today released its Winter 2008 U.S. Market Risk Index(SM), which ranks the nation's 50 largest metropolitan statistical areas (MSAs) according to the likelihood that home prices will be lower in two years.

SAN FRANCISCO, Jan. 14 /PRNewswire-USNewswire/ -- Mortgage counseling agencies will receive $4.6 million to build their capacity over the next two years, and help the hundreds of thousands of California homeowners facing interest rate resets and the threat of foreclosure.

SAN DIEGO, CA – Hines, the international real estate firm, announced today that Golden Eagle Insurance Company has renewed its lease of 82,000 square feet on four full floors at 525 B Street, Golden Eagle Plaza, in San Diego.

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.

OAKLAND, Calif., Jan. 14 /PRNewswire/ -- The Ellington's much-anticipated Sales Center Opening will begin with an official ribbon-cutting ceremony on January 16, 2008 at 1:30 pm at 130 Webster Street in Oakland. Las Vegas-based developer, Molasky Pacific, is inviting Oakland dignitaries, the public and media to join them in celebrating the official opening as well as take part in unveiling the new sales center.

SANTA MONICA, Calif., Jan. 9 /PRNewswire/ -- National Disclosure Authority (NDA), an independent hazard disclosure company founded by the most experienced disclosure experts in the industry, announced today that RE/MAX GOLD, the largest RE/MAX company in California with 27 offices, has endorsed NDA as one of its preferred hazard disclosure company.

SAN DIEGO, Jan. 9 /PRNewswire/ -- Z57, Inc.(R), a leading provider of real estate Internet marketing services, announced today that it has partnered with property listings powerhouse Homescape(R) to increase the exposure of Z57's agent and broker listings.

WASHINGTON, January 4, 2008 - The Justice Department today announced that it has reached an agreement resolving a housing discrimination lawsuit against Gary Luke, Mary Ngo and Hoa Ngo concerning alleged discrimination on the basis of national origin. Under the consent decree filed today in federal court in Santa Ana, Calif., the defendants will pay $270,844 in monetary relief to the complainants and the United States.

WASHINGTON, January 4, 2008 - The Justice Department today announced that it has reached an agreement resolving a housing discrimination lawsuit against Gary Luke, Mary Ngo and Hoa Ngo concerning alleged discrimination on the basis of national origin. Under the consent decree filed today in federal court in Santa Ana, Calif., the defendants will pay $270,844 in monetary relief to the complainants and the United States.

Online real estate broker Redfin today announced that by the end of last year the company had refunded more than $10 million in commissions to home buyers. Since the launch of the home-buying service in February 2006, Redfin has helped more than 1,000 people buy a home, with an average refund of $10,106.

LOS ANGELES, Jan. 7 /PRNewswire/ -- Orit Gadish, in an interview with the Los Angeles Business Journal, discussed the success that Gadish Properties found in the foreclosure market.