California RealEstateRama

San Francisco, CA - September 1, 2011 - (RealEstateRama) -- Democratic Leader Nancy Pelosi released the following statement today after the Department of Housing and Urban Development announced a $30.5 million Choice Neighborhoods grant to revitalize, redevelop, and expand the Alice Griffith Housing Development, a community of 256 units of multi-family public housing in San Francisco.

MENLO PARK, CA - August 31, 2011 - (RealEstateRama) -- RW Zukin Corporation is pleased to announce that multifamily industry veterans Robert C. Talbott and Scott F. Mencaccy have acquired the 46-year-old Bay Area real estate services firm. RW Zukin specializes in property management, asset management and investment management, primarily in the San Francisco Bay Area, Monterey County and Sacramento area, and currently manages nearly 2,000 units with a combined value in excess of $400 million. Prior to his partnership with Thompson | Dorfman Partners, LLC, Talbott was the former senior vice president of operations and property management for Essex Property Trust. Mencaccy was the former president of Pinnacle Realty Management Company's west region

Fresno, CA - August 29, 2011 - (RealEstateRama) -- U.S. Senator Barbara Boxer (D-CA) today reacted favorably to press reports that the Obama Administration is considering new measures to slow down foreclosures and boost the economy by taking steps similar to S.170, the Helping Responsible Homeowners Act. This bipartisan bill will help up to two million Americans to refinance their mortgages at historically low interest rates, keeping them in their homes and boosting economic growth.

SAN FRANCISCO, CA - August 19, 2011 - (RealEstateRama) -- Attorney General Kamala D. Harris today announced that the California Department of Justice, in conjunction with the State Bar of California, has sued multiple entities accused of fraudulently taking millions of dollars from thousands of homeowners who were led to believe they would receive relief on their mortgages.

ALISO VIEJO, CA - August 18, 2011 - (RealEstateRama) -- CT Realty Investors Inc. (www.ctrinvestors.com) has acquired the Dowling Orchard Business Park which includes two new state-of-the-art industrial warehouse buildings totaling 572,143 square feet as well as 30 acres of land entitled for another 611,000-square-foot building. The property is located at 520 Fourth St. and 415 Nicholas Rd. in Beaumont, Calif.

August 17, 2011 - (RealEstateRama) -- The National Association of Housing and Redevelopment Officials (NAHRO) announced that the Housing Services Department received six Awards of Merit. Housing Services submitted Awards of Merit applications to NAHRO for noteworthy programs that can be replicated by other Housing Authorities throughout the country. The Awards of Merit were awarded to the following programs:

SACRAMENTO, CA - August 16, 2011 - (RealEstateRama) -- A real estate investor pleaded guilty today in U.S. District Court in Sacramento to conspiring to rig bids and commit mail fraud at public real estate foreclosure auctions held in San Joaquin County, Sharis A. Pozen, Acting Assistant Attorney General of the Department of Justice’s Antitrust Division, and Benjamin B. Wagner, U.S. Attorney for the Eastern District of California, announced.

EUGENE, OR - August 16, 2011 - (RealEstateRama) -- IDX, Inc. and Jay Martinez have joined forces to present California home seekers with a unique and informative online real estate search page on his Luxe Real Estate Group website. Martinez has adopted IDX Broker software and in the process upgraded the search capabilities of his online realty solution. As a member of the SANDICOR MLS, Martinez has long had access to thousands of detailed property listings. Now, his clients and other buyers seeking property in San Diego, La Jolla or Santa Barbara can experience the same heightened level access to listings once reserved only for real estate agents and brokers.

San Luis Obispo, CA - August 9, 2011 - (RealEstateRama) -- Today Congresswoman Lois Capps (CA-23) announced that the San Luis Obispo County Housing Authority has been awarded three grants from the U.S. Department of Housing and Urban Development to ensure the availability of affordable housing, including a $1.9 million Community Development Block Grant (CDBG), $1.2 million HOME grant, and nearly $92,000 Emergency Shelter Grant.

TUSTIN, CA - August 2, 2011 - (RealEstateRama) -- Gregory A. Fisher of Present Value Properties, Inc., a full service retail real estate brokerage, and consulting firm headquartered in Tustin, Calif., announces the hiring of Britt Nelson and Ryan Gast to assist in the firm's expansion. Nelson, who joins the company as a vice president, will be involved in building Present Value Properties into a multi-state real estate brokerage and consultancy. Gast will be an associate broker responsible for managing and sourcing new retailer and landlord representation assignments. Present Value Properties exclusively represents a variety of chain retailers throughout Southern California including Gold Max, Menchie’s Frozen Yogurt, Southern Pizza Hut, and Payless ShoeSource. The firm currently has 650,000 square feet of retail space listed throughout Southern California

WASHINGTON DC - August 2, 2011 - (RealEstateRama) -- Today, Rep Michael Honda (CA-15), representative of Silicon Valley and member of the House Sustainable Energy and Environment Coalition, is reintroducing the Smart Electronics Act, to address the greenhouse gas impacts and energy costs of proliferation of electronic devices throughout the world, and the Nanotechnology Advancement and New Opportunities (NANO) Act.

ANAHEIM, CA - August 1, 2011 - (RealEstateRama) -- Vision Awards for outstanding service in the world of community association management were presented to 15 California professionals last night. Presented by the California Association of Community Managers (www.cacm.org) at the association’s annual statewide Expo and Conference at the Disneyland Hotel and Convention Center in Anaheim, Calif., the awards were given to professionals from around the state for their outstanding expertise in homeowners association management. California is home to nearly 49,000 homeowners associations.

Los Angeles, CA - July 29, 2011 - (RealEstateRama) -- Los Angeles County Assessor John R. Noguez today announced the 2011 Assessment Roll reflecting a 1.49 percent increase in value, ending two years of decline and producing a property roll of more than a trillion dollars for Los Angeles County. The $1,105,742,244,670 gross total property roll is $16.2 billion greater than last year.

FRESNO, CA - July 29, 2011 - (RealEstateRama) -- United States Attorney Benjamin B. Wagner announced that a federal grand jury returned a two-count indictment today charging Tony Huy Havens, 37, of Modesto, with conspiracy to commit mail fraud and mail fraud in a mortgage fraud scheme.

July 29, 2011 - (RealEstateRama) -- United States Attorney Laura E. Duffy announced that Matthew “Beau” La Madrid was sentenced today by U.S. District Court Judge William Q. Hayes to serve a lengthy federal prison term in connection with his operation of the Plus Money Premium Return Funds (“PRF”) and related real estate investment and mortgage fraud schemes. The defendant entered his guilty plea on January 3, 2011.

San Francisco, CA - July 26, 2011 - (RealEstateRama) -- The Board of Directors of the Federal Home Loan Bank of San Francisco has appointed Elena Andreadakis as Senior Vice President and Chief Information Officer.

TUSTIN, CA - July 25, 2011 - (RealEstateRama) -- Gregory A. Fisher, President of Present Value Properties, Inc., a full service retail real estate brokerage and consulting firm headquartered in Tustin, Calif., announced today that Ryan Gast has joined Present Value Properties as Associate Broker. He will be responsible for managing and sourcing new retailer and landlord representation assignments. Present Value Properties exclusively represents a variety of chain retailers throughout Southern California including Gold Max, Menchie’s Frozen Yogurt, Southern Pizza Hut, and Payless ShoeSource. The firm currently has 650,000 square feet of retail space listed throughout Southern California

Washington, D.C. - July 22, 2011 - (RealEstateRama) -- Rep. Mike Thompson joined with two House Republicans Wednesday in introducing legislation to protect the government-financed home and business energy retrofit programs that have run afoul of federal housing regulators.

Washington, D.C. - July 22, 2011 - (RealEstateRama) -- A government program that helped homeowners finance and install green upgrades before a technical roadblock stalled it last year may be resuscitated by Congress.

WASHINGTON, DC - July 21, 2011 - (RealEstateRama) -- Today, Congresswoman Lois Capps (CA-23) announced that the San Luis Obispo County Housing Trust Fund has been awarded a $600,000 grant from the U.S. Treasury Department’s Community Development Financial Institution Fund. The grant will allow the Housing Trust Fund to provide low-interest financing for affordable housing for middle class families in San Luis Obispo County.