RealEstateRama

IRVINE CA - October 25, 2011 - (RealEstateRama) -- KTGY Group, Inc., Architecture + Planning announces that The Crossings at Big Bear Lake celebrated its grand opening today. Developed by Urban Housing Communities LLC (UHC), a leading developer of quality multifamily residential projects, The Crossings at Big Bear Lake is a $17 million affordable housing community for families earning between 30 percent and 60 percent of the area median income and was developed in collaboration with the City of Big Bear Lake’s Improvement Agency, Bank of America, and the project's designer, KTGY Group. The new eco-friendly community provides high-quality workforce housing and offers 42 thoughtfully-planned apartment homes ranging in size from two- to three-bedroom units. Rent ranges from $377 to $950 per month, based on family size and income level.

>Washington, D.C. - October 13, 2011 - (RealEstateRama) -- Today, Congresswoman Barbara Lee (D-Oakland) and Members of the California Democratic Congressional Delegation sent a letter to President Obama urging him to act immediately to address our country’s troubled housing market. Specifically, the letter calls on President Obama to:

LOS ANGELES, CA - October 13, 2011 - (RealEstateRama) -- Los Angeles celebrated the grand opening of Dana Strand Senior Apartments, a development by ROEM Corporation and La Cienega LOMOD, Inc., in collaboration with the Housing Authority of the City of Los Angeles (HACLA). The grand opening celebration was held on October 6, 2011, at 410 North Hawaiian Avenue, Los Angeles 90744, and represents the third phase of the redevelopment of Dana Strand Village, the former public housing site.

LOS ANGELES, CA - October 4, 2011 - (RealEstateRama) -- An Eagle Rock resident who worked as an inspector for the Los Angeles Department of Building and Safety was sentenced this afternoon to 18 months in federal prison for taking thousands of dollars in bribes.

SACRAMENTO, CA - September 30, 2011 - (RealEstateRama) -- A federal grand jury returned an indictment on Sept. 28, 2011, charging Valeri Mysin, 31, of Citrus Heights, Calif.; Angela Shavlovsky, 52, of Sacramento, Calif.; Nikolay Katinskiy, 28, of Lynwood, Wash.; Michael Kennedy, 44, of Miami Beach, Fla.; Alexander Kokhanets, 34, of Roseville, Calif.; Boris Murzak, 38, and Zinaida Murzak, 40, both of Sacramento; and Vitaliy Tuzman, 31, of West Sacramento, Calif., with conspiracy to commit mail fraud in connection with a mortgage fraud scheme involving the purchase of seven homes. Katinsky and Kennedy were also charged with money laundering in connection with the scheme, announced U.S. Attorney for the Eastern District of California Benjamin B. Wagner. Shavlovsky, Katinskiy, and Kennedy were arrested by FBI agents yesterday afternoon, and Kokhanets, Boris Murzak, and Zinaida Murzak were issued a summons. They are expected to be arraigned before the U.S. Magistrate judge today at 2:00 p.m.

TUSTIN, CA - September 28, 2011 - (RealEstateRama) -- Coreland Companies of Tustin, Calif., one of the largest real estate service companies based in California, announced today it has brokered 5 transactions in Orange and Riverside counties for a total consideration of more than $6 million.

LOS ANGELES, CA - September 27, 2011 - (RealEstateRama) -- California pending home sales climbed in August from both the previous month and year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today. The year-to-year increase was the highest level since July 2009.