California RealEstateRama

WASHINGTON, DC - October 28, 2011 - (RealEstateRama) -- Eight Northern California real estate investors have agreed to plead guilty today for their roles in two separate conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California, the Department of Justice announced.

Washington, D.C. - October 26, 2011 - (RealEstateRama) -- U.S. Senators Barbara Boxer (D-CA) and Johnny Isakson (R-GA) today praised the Administration’s announcement of new steps to help homeowners refinance and urged President Obama to make sure homeowners receive clear, easy-to-understand guidance so they can determine if the new rules will help them qualify to refinance at today’s historically low interest rates.

IRVINE, CA - October 24, 2011 - (RealEstateRama) -- Award-winning KTGY Group, Inc., Architecture + Planning, is pleased to announce that Ken Ryan, a principal and head of the firm's Community Planning and Urban Design studio, has been invited to participate as a speaker at the 2011 Urban Land Institute (ULI) Fall Meeting, held from October 25-28, 2011, at the Los Angeles Convention Center.

Washington, DC - October 13, 2011 - (RealEstateRama) -- As homeowners in San Diego and across the nation continue to tangle with banks, Congresswoman Susan Davis (D-San Diego) introduced legislation to give people another tool to avoid foreclosure and the subsequent damage to the their credit rating. The Short Sale Transparency Act will require Fannie Mae and Freddie Mac to disclose the minimum asking price they are willing to accept for a short sale if the first offer is rejected.

San Francisco, CA - October 3, 2011 - (RealEstateRama) -- Mayor Edwin M. Lee today issued the following statement after touring the construction job site of the HOPE SF Hunters View public housing rebuild with Leader Nancy Pelosi:

San Francisco, CA - October 3, 2011 - (RealEstateRama) -- Tara Donohue has been named Sales Manager of Zephyr’s West Portal Office. Donohue has been a San Francisco Realtor since 1998 and joined Zephyr in 2006, where she is a Top Producing Agent and a Seniors Real Estate Specialist.

WASHINGTON, DC - October 3, 2011 - (RealEstateRama) -- Two California real estate investors have agreed to plead guilty today for their roles in a conspiracy to rig bids and to commit mail fraud at public real estate foreclosure auctions in Northern California, the Department of Justice announced.

September 29, 2011 - (RealEstateRama) -- A former employee of Countrywide Home Loan was sentenced to prison and ordered to pay restitution Wednesday in connection with a large-scale data breach, announced André Birotte Jr., the United States Attorney for the Central District of California, and Steven Martinez, the Assistant Director in Charge of the FBI’s Los Angeles Field Office.

RIVERSIDE, CA - September 29, 2011 - (RealEstateRama) -- Aliso Viejo, Calif.-based CT Realty Investors Inc. (www.ctrinvestors.com) has sold two office buildings at its 43-acre Citrus Park West business park in Riverside, Calif., to the County of Riverside for $6.6 million. The Citrus Park West transaction is the second Inland Empire sale for CT Realty Investors in as many weeks.

OAKLAND, CA - September 21, 2011 - (RealEstateRama) -- Wearing hardhats and donning shovels, city and county officials today joined executives from The Michaels Development Company and LINC Housing Corporation to celebrate the coming transformation of a long-vacant lot on the city’s west side into a new mixed-used, transit-oriented affordable housing community. Red Star Apartments, which will offer affordable one- and two-bedroom apartment homes to income-eligible seniors, is being built on the former site of the Red Star yeast factory and is expected to generate hundreds of high quality jobs for local residents and businesses.

ONTARIO, CA - September 21, 2011 - (RealEstateRama) -- Western States Technologies Inc. (www.westernstatestech.com) has signed a lease for $1 million with Sky Tech Worldwide Inc. (www.skytech-ww.com). The lease transaction is for 50,000 square feet at 1975 E. Locust St., a 90,000-square-foot industrial building near Ontario International Airport in Ontario, Calif.

Washington, D.C. - September 20, 2011 - (RealEstateRama) -- U.S. Senators Barbara Boxer (D-CA) and Johnny Isakson (R-GA) today urged the Federal Housing Finance Agency (FHFA) to expedite its efforts to help millions of responsible homeowners refinance so that borrowers can take advantage of today’s record low interest rates.

San Francisco, CA - September 20, 2011 - (RealEstateRama) -- Stefano DeZerega, a Top Producer and a Premier Property Specialist with Zephyr Real Estate, is a volunteer and is on the board of directors at Pie Ranch—a sustainable farming operation in Pescadero that is also one of the Bay Area’s more unique community organizations.

EVERLY HILLS, CA - September 19, 2011 - (RealEstateRama) -- International real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced the grand opening of Toscana, a 39-unit townhome community in West Hills, which is located in the San Fernando Valley region of Los Angeles, California. A joint venture managed by the company purchased the residential project from Bank of America for $12.8 million and will officially open the homes for sale on Saturday, September 24.“This project is perfectly positioned to take advantage of the move-up buyers looking for a high quality townhouse at a very affordable price,” commented Robert Hart, president of KW Multifamily Management Group.

IRVINE, CA - September 15, 2011 - (RealEstateRama) -- KTGY Group, Inc., Architecture + Planning announces that The Crossings at Escondido celebrated its grand opening today. Developed by Urban Housing Communities (UHC) LLC, a leading developer of quality multifamily residential projects, and designed by KTGY, The Crossings at Escondido provides eco-friendly, high-quality workforce housing to families earning between 30% and 60% of the area median income. The Crossings at Escondido offers 55 thoughtfully-planned apartment homes ranging in size from two- to four-bedroom units. Rent ranges from $508 to $1,063 per month based on family size and income level.

Santa Ana, CA - September 13, 2011 - (RealEstateRama) -- Data Trace Information Services LLC, the nation’s largest provider of data services to the settlement services industry, announced today that it has reached an agreement with the County of Riverside, Calif., to initiate a recording notification service as part of a county-wide real estate fraud detection program. The program is part of an effort to prevent property from being sold or refinanced fraudulently without an owner’s knowledge.

Washington, D.C. - September 12, 2011 - (RealEstateRama) -- U.S. Senator Boxer (D-CA) today praised the announcement by the Federal Housing Finance Agency that it will work to identify and reduce barriers to refinancing for millions of American homeowners who are current on their mortgage payments but underwater on their homes.

IRVINE, CA - September 12, 2011 - (RealEstateRama) -- KTGY Group, Inc., Architecture + Planning is pleased to announce that KTGY's wide range of capabilities, excellence and innovation in addressing complex design/build issues in attached, sustainable communities, mixed-use, transit-oriented developments, and campus housing has been recognized in several recent awards programs.

TUSTIN, CA - September 12, 2011 - (RealEstateRama) -- Coreland Companies of Tustin, Calif., one of the largest real estate service companies based in California, announced today it has enhanced its Brokerage division by adding an industry veteran to its Retail Brokerage division. Kim Talley, a veteran of the commercial real estate industry in Orange County and formerly a Senior Associate with CB Richard Ells, joins Coreland as Senior Associate, Retail Brokerage

CUPERTINO, SILICON VALLEY, USA - September 7, 2011 - (RealEstateRama) -- Larry Klapow teams with Intero Real Estate Services to assist managers in business development and the growth of the company. Klapow will conduct agent trainings such as his signature class “Building Your Networks and Social Capital.” Over the course of a 19-year career involving Bay Area real estate, Klapow has earned a reputation as a peer, mentor, friend and coach. As a former President of Coldwell Banker’s Residential Brokerage San Francisco Bay Area Region, he was responsible for the development of the company and oversaw 32 offices and a talented team of up to 2,200 real estate professionals.