Yearly Archives: 2011

LOS ANGELES, CA - December 29, 2011 - (RealEstateRama) -- Pending home sales in California fell in November but were up from the previous year for the seventh consecutive month. Additionally, distressed home sales dropped in November from both the previous month and year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

Hollywood, CA - December 29, 2011 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has completed the sale of a 4,026-square-feet property located at 1542 Cassil Place Hollywood, Calif. The total transaction is valued at $1.295 million.

EUGENE, OR - December 27, 2011 - (RealEstateRama) -- Mammoth Lakes, California Realtor Deanna Lantieri has joined forces with IDX, Inc. to create a unique and comprehensive online real estate solution. As a member of the Mammoth Lakes MLS (MLBOR), Lantieri has long had access to the ease and efficiency of a MLBOR hosted property search. The revolutionary IDX technology Lantieri now hosts on her website gives potential Mammoth Lakes buyers the same accessibility to detailed listings once reserved for real estate professionals only.

Torrance, CA - December 23, 2011 - (RealEstateRama) -- Coldwell Banker Residential Brokerage in La Jolla announced today the sale of the Razor House, an 11,000-square-foot architectural landmark that rests high above the Torrey Pines State Reserve. Sold by Coldwell Banker’s Laleh & Niloo Monshizadeh for an undisclosed amount, the property is the highest sale price in San Diego County in 2011, surpassing Coldwell Banker La Jolla’s previous high this year of $11.5 million for an oceanfront home sold in August.

EUGENE, OR - December 23, 2011 - (RealEstateRama) -- IDX, Inc. and Los Angeles, California real estate broker Brian Moore have created a dynamic real estate search page on the Prudential California Realty website. The California Real Estate Technology Services MLS (CARETS) is now synced to Moore’s search pages, seamlessly displaying thousands of property listings within his professional website. This incredible technology gives home seekers the ability to experience an unprecedented level of access to the CARETS database, in addition to creating a comprehensive real estate resource for property seekers in the Los Angeles area.

SACRAMENTO, CA - December 22, 2011 - (RealEstateRama) -- California housing production increased for a fourth consecutive month in November but the state is still on track to end the year with the third-lowest housing starts tally on record, the California Building Industry Association announced today.

LOS ANGELES, CA - December 21, 2011 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) is distributing a public service announcement (PSA) to television and radio stations across California to warn consumers that they are at risk from scammers who offer phony mortgage modification schemes to troubled borrowers. The PSA is designed to allow media outlets to use their recognized talent to alert consumers and will run throughout the holiday season, a time of year that is traditionally high in consumer scam attempts. (The 30-second script is attached.)

San Francisco, CA - December 21, 2011 - (RealEstateRama) --Mayor Edwin M. Lee today announced that the U.S. Housing and Urban Development (HUD) has awarded San Francisco $18.9 million in HUD’s Continuum of Care grants to fund a wide variety of programs from street outreach programs and support services programs to transitional and permanent housing for individuals, youth, and families experiencing homelessness. The HUD Continuum of Care grants are awarded competitively to local programs to meet the needs of their homeless clients. This year, 51 San Francisco-based organizations and programs received grant awards.

Torrance, CA - December 21, 2011 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has completed a 15-year, $9.7 million lease of the Expressway Corporate Center in Egg Harbor, New Jersey.

INLAND EMPIRE, CA - December 21, 2011 - (RealEstateRama) -- Voit Real Estate Services’ San Diego office has successfully directed the $8.5 million acquisition of Margarita Center, a 60,390 square-foot retail property located at 39520-40 Murrieta Hot Springs Road in Murrieta, Calif. This neighborhood shopping center is anchored by Fresh & Easy, and has eight retail suites ranging from 1,300 square feet to 10,700 square feet.

Torrance, CA - December 21, 2011 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has closed a $6.2 million sale of an industrial building at 4200 Mission Blvd. in Ontario, Calif.

Torrance, CA - December 20, 2011 - (RealEstateRama) -- The Valley Performing Arts Center (VPAC) at California State University-Northridge has won several recent design awards for architectural excellence. Designed by HGA Architects and Engineers, the Performing Arts Center received an AIA Minnesota Honor Award, an AIA Los Angeles Merit Award, an ENR California /McGraw-Hill Construction Award of Merit, and a Design Award in the Institutional Category by the Southern California Development Forum.

Torrance, CA - December 20, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has completed a 36-month lease for a 141,200 square-foot industrial space located at 1050 Orange Show Road, San Bernardino, Calf.

SACRAMENTO, Calif., (December 19, 2011) –Voit Real Estate Services has hired Susan Doris as an Asset Manager in its Sacramento office to increase the...

LAGUNA HILLS, CA - December 20, 2011 - (RealEstateRama) -- From rental restrictions to electric vehicles and electronic meeting notices, Californians living in homeowners associations will see several new laws governing their communities starting January 1. According to the California Association of Community Managers, one out of every three Californians lives in a homeowners association.

COLTON, CA - December 20, 2011 - (RealEstateRama) -- The Hodgdon Group, a full-service real estate brokerage, development and construction firm, announced today that it has completed construction on the conversion of the former Levitz building at Northridge Fashion Center in Northridge, Calif., for the opening of an Ashley Furniture HomeStore. Hodgdon-Miank Construction served as the full-service design-build contractor and completed the major renovation of the 34,000-square-foot freestanding Ashley Furniture HomeStore. This is the 12th Ashley HomeStore to open, which has been completed by the Hodgdon Group.

Los Angeles, CA - December 19, 2011 - (RealEstateRama) -- Voit Real Estate Services’ Anaheim office has completed two industrial property sales encompassing 47,620 square feet for a total consideration of $4.8 million in Greater Los Angeles.

VISTA, CA - December 19, 2011 - (RealEstateRama) -- San Diego may rank 9th amongst Forbes Magazine’s list of “America’s Top 10 Safest Cities”, yet San Diego County Sheriff Bill Gore warns, “Criminals don’t take the holidays off. In fact, the busy travel and holiday season provides increased opportunity for unsuspecting and distracted residents to fall victim to opportunistic crooks and con artists.”

ALISO VIEJO, CA - December 19, 2011 - (RealEstateRama) -- Robert M. “Bob” Campbell, one of the most influential leaders in the California commercial real estate industry for more than four decades, passed away on Dec. 15, 2011, in Newport Beach, Calif. He passed peacefully at home surrounded by his wife, children and grandchildren. Campbell was 71.

Inland Empire, CA - December 15, 2011 - (RealEstateRama) -- Merit Property Management, a FirstService Residential Management company, announces today that Kristie Rose, PCAM, CCAM, Merit’s Inland Empire Business Unit Leader, was honored with the industry coveted Manager of the Year Award from the Community Associations Institute (CAI). More than 250 attended the award ceremony which took place at the Riverside Convention Center on December 8, 2011.