California RealEstateRama

Washington, D.C. - January 21, 2011 - (RealEstateRama) -- Today, Representatives Mike Honda (D-Campbell) and Zoe Lofgren (D-San Jose) announced $9,989,955 in Continuum of Care Homeless Assistance grants from the Department of Housing and Urban Development. These funds will go to local organizations providing a range of assistance to homeless persons and families, including transitional housing, permanent housing, and other supportive services. Local grantees are:

Washington, D.C. - January 20, 2011 - (RealEstateRama) -- U.S. Senator Barbara Boxer (D-CA) today lauded the announcement by Housing and Urban Development Secretary Shaun Donovan that California organizations will receive more than $227 million in federal grants to provide housing and other assistance to Californians who are homeless.Senator Boxer said

FULLERTON, CA - January 17, 2011 - (RealEstateRama) -- Morningside, the award-winning continuing care retirement community in Fullerton, Calif., has completed a $2 million expansion and renovation of its Lakeview Hall, lake and surrounding courtyard features. The renovation of Lakeview Hall, which serves as Morningside’s community center for major events, theatrical productions, musical entertainment and dances, doubled the hall’s original size of 4,500 to approximately 9,000 square feet

WASHINGTON, D.C. - January 14, 2011 - (RealEstateRama) -- “Today, we heard that banks seized a record 1.05 million homes in 2010, topping the prior record from 2009. This is despite a massive slowdown in foreclosures at the end of the year due to several major banks initiating voluntary moratoria as homeowner lawsuits, news reports and Congressional hearings – like the one I chaired on November 18 – created a groundswell of public pressure demanding reform

BEVERLY HILLS, CA - January 14, 2011 - (RealEstateRama) -- International real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced that the company and its partners have acquired Club Palisades, a 750-unit multifamily community in Federal Way, WA. The property is the second largest multifamily asset in the Seattle metro area and was purchased as an REO from a group of insurance companies.

Torrance, CA - January 6, 2011 - (RealEstateRama) -- Lani Kaneshiro, regional manager of Keystone Pacific Property Management’s Irvine office, has been elected to the 2011 Board of Directors of the Community Association Institute (CAI). Her three-year term began on Jan. 1, 2011

Los Angeles, CA - January 4, 2011 - (RealEstateRama) -- Colliers International, the second largest real estate services organization globally, has negotiated a 10-year lease for a 15,444-square-foot office space located at 221 S. Figueroa St. in Downtown Los Angeles for The Associated Press. The transaction is valued at $5.5 million.

IRVINE, CA - January 4, 2011 - (RealEstateRama) -- Western States Technologies Inc. (www.westernstatestech.com) has signed a five-year lease valued at more than $1.5 million with Graphtec America Inc. for 44,000 square feet of space at 17462 Armstrong Ave. in Irvine, Calif., near John Wayne Airport. Graphtec America (www.graphtecamerica.com) will occupy 100 percent of the space.

Los Angeles, CA - December 30, 2010 - (RealEstateRama) -- Los Angeles County Assessor John R. Noguez today reminded property owners who may have been affected by the recent storms to contact his office as soon as possible for information about potential tax relief if rain, mud or related damage amounts to $10,000 or more.

Long Beach, CA - December 29, 2010 - (RealEstateRama) -- The City of Long Beach Department of Health and Human Services (Health Department) will conduct the fifth biannual homeless count in Long Beach on Thursday, January 27th, 2011.

SAN BERNARDINO, CA - December 28, 2010 - (RealEstateRama) -- San Bernardino County Assessor Dennis Draeger announced today that property tax relief will be available for victims of last week’s devastating floods that have ravaged San Bernardino County. According to news reports, many structures have either been destroyed or suffered extensive damage as a result of flooding in many areas of San Bernardino County

LOS ANGELES, CA - December 22, 2010 - (RealEstateRama) -- Mayor Villaraigosa joined a news conference call with fellow US Conference of Mayor (USCM) counterparts to discuss the issues of hunger and homelessness in the United States. These issues remain major challenges in U.S. cities according to a USCM report on the status of Hunger and Homelessness in 27 cities in America (listed below) that was released today by the U.S. Conference of Mayors

LOS ANGELES, CA - December 21, 2010 - (RealEstateRama) -- Attorney General Edmund G. Brown Jr. announced today that Wells Fargo has agreed to provide loan modifications worth more than $2 billion to thousands of California homeowners with "pick-a-pay" loans and to pay an additional $32 million to thousands of borrowers who lost their homes through foreclosure.

San Francisco, CA - December 20, 2010 - (RealEstateRama) -- The holiday season is upon us, but there are thousands in our community that are unable to enjoy the season without a little help. Once again this year, Zephyr Real Estate is running a campaign to collect toys and food for people in need

December 17, 2010 - (RealEstateRama) -- Congresswoman Maxine Waters (D-CA), chairwoman of the Housing and Community Opportunity Subcommittee, took to the House floor this morning in support of H.R. 5510, the “Aiding Those Facing Foreclosure Act of 2010,” which would allow states to use their Hardest Hit Funds to provide legal assistance for homeowners facing foreclosure.

Irvine, CA - December 15, 2010 - (RealEstateRama) -- Colliers International, the second largest real estate services organization globally, has directed the sales of three retail properties in Southern California for a combined $4.23 million.

BEVERLY HILLS, CA - December 14, 2010 - (RealEstateRama) -- International real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced that the company’s retail brokerage group completed two major lease transactions in the Los Angeles area. Roger Dunn Golf signed a 12,000 square foot lease at NoHo 14 in North Hollywood and Korea-based Tom N Toms Coffee will establish its flagship U.S. location at Solair in Koreatown. Kennedy Wilson has closed over $11 million of retail leases in the past month, including Sweet Lady Jane’s new Santa Monica location, Americana at Brand’s L.A. Creamery, a new Santa Monica location for BlankSpaces and Want Agency’s Nudie Jeans showroom off of Melrose Avenue.

Oxnard, CA - December 14, 2010 - (RealEstateRama) -- Colliers International, the second largest real estate services organization globally, has negotiated three industrial leases totaling 68,670 square feet in Oxnard Calif.

Los Angeles, CA - December 9, 2010 - (RealEstateRama) --Saturday, December 4, 2010 was a good day for hundreds of families who waited patiently in search of help to avoid foreclosure. The Los Angeles County NeighborWorks® Center for Foreclosure Solutions (CFS) coalition, civil leaders and local volunteers teamed up at the Help & Hope Fair to assist families navigate their way through the tempestuous foreclosure process. The Help & Hope Fair, held at The Tabernacle in Inglewood, was designed to make it as easy as possible for families to receive assistance whether they need help keeping their home or hope to buy a foreclosed property. Over 1,000 individuals attended the fair and they all received a continental breakfast, beverages and lunch.

Los Angeles, CA - December 8, 2010 - (RealEstateRama) -- Colliers International, the second largest real estate services firm globally, has completed the sale of a 7,500-square-foot industrial building located at 9356 Remick Ave. in Los Angeles to Total Effects, Inc., a Los Angeles-based company supervising special effects for the motion picture industry. The total transaction is valued at $1.025 million.