Yearly Archives: 2011

LOS ANGELES, CA - August 31, 2011 - (RealEstateRama) -- Under current law, the Department of Real Estate (DRE) cannot hold an office manager responsible for failing to supervise licensees within the office. Current law only allows the DRE to hold the principal broker responsible even in situations where that broker has delegated supervisorial responsibilities to an office manager.

ALISO VIEJO, CA - August 31, 2011 - (RealEstateRama) -- Summit’s 20 and 30 Enterprise are now at 94 percent occupied according to the development and management team of Parker Properties, and its partner, RREEF Alternative Investments. Over the last six months, there have been six leases signed totaling 140,596 square feet with Marvell Semiconductor, Inc., UST Global, Inc., AVANIR Pharmaceuticals, Inc., Telogis, Inc., Johnny Rockets Group, Inc., and Benefits Resource, LLC.

Torrance, CA - August 31, 2011 - (RealEstateRama) -- Valerie Rodriquez of Keystone Pacific Property Management, a California-based community association management company, has earned the Certified Community Association Manager (CCAM®) designation through the California Association of Community Managers.

Los Angeles, CA - August 31, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, has completed the sale of an office building located at 1536 N. Highland Ave Los Angeles, Calif. The transaction is valued at $3,000,000.

Ontario, CA - August 31, 2011 - (RealEstateRama) -- As part of its initiative to support small businesses, premier builder C.W. Driver has entered into an SBA (Small Business Administration) mentor-protégé agreement with Hubzone, an Inland Empire-based contractor. It is the first such partnership for C.W. Driver, which will use the union to pursue projects in the federal/military sector while supporting Hubzone in areas such as marketing and management.

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

Woodland Hills, CA - August 30, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, recently directed the sale of a 34,321-square-foot industrial building located at 6033 De Soto Ave., Woodland Hills, Calif. to Sky High Sports a unique trampoline fun center for kids of all ages. The sale was valued at approximately $5.35 million.

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.

SACRAMENTO, CA - August 29, 2011 - (RealEstateRama) -- California housing production fell sharply in July and posted the lowest monthly permit total since January of 2009, the California Building Industry Association announced today.

EUGENE, OR - August 29, 2011 - (RealEstateRama) -- IDX, Inc. and Kurt Wannebo revolutionized the online real estate search for San Diego, California prospective buyers. As a member of the San Diego Regional MLS (SANDICOR), Wannebo has long had access to thousands of local property listings. Now, his clients can search with the same levels of accessibility once reserved only for real estate agents and broker, thanks to the IDX Broker software Wannebo has enabled for his website. Finding a home online has never been easier for those looking to purchase a property around San Diego

LOS ANGELES, CA - August 26, 2011 - (RealEstateRama) -- Recognizing that short sales will be a part of the California real estate landscape for years to come and with more REALTORS® continuing to experience difficulty in closing short sales, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) recently sent letters to the heads of the nation’s four top lenders and servicers, urging more improvements in the short-sale process.

LOS ANGELES, CA - August 26, 2011 - (RealEstateRama) -- California pending home sales dipped in July, as did the share of sales of distressed properties, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

Torrance, CA - August 25, 2011 - (RealEstateRama) -- Prior to joining Pircher, Nichols & Meeks, Giselle was an associate with O’Donnell & Associates. She was a trial attorney focused on complex business litigation with a proven ability in intellectual property, class action, real estate, white-collar criminal, antitrust, appellate and environmental litigation. While there, she first-chaired and won a breach of contract case. In addition, Roohparvar has also held associate and research associate positions at Greenberg Traurig, LLP and Johns Hopkins University School of Advanced International Studies, respectively.

EUGENE, OR - August 25, 2011 - (RealEstateRama) -- With new accounts being added daily, IDX, Inc. announces the latest addition to the growing network of agents and brokers utilizing the remarkable IDX Broker software: SoCal real estate broker Kal Ibrahim. A member of California Real Estate Technology Services (CARETS), Ibrahim can now sync thousands of area listings directly onto the IDX-enabled search page he hosts. Finding an Orange County home online has never been easier, thanks to IDX Broker software and the comprehensive online real estate database Ibrahim has created with his customizable IDX solution.

Santa Barbara, CA - August 22, 2011 - (RealEstateRama) -- Robert Bushman, the CEO of Solarsilicon Recycling Services, was awarded the Pacific Coast Business Times Spirit of Small Business Award August 18, at its annual luncheon award ceremony.

CAMARILLO, CA - August 22, 2011 - (RealEstateRama) -- Lee & Associates-LA North/Ventura Principals Grant Harris, Grant Fulkerson and Robert Shafer transacted an 85,000 square foot industrial lease to Perfect Promotional Products in Mission Oaks Business Park in Camarillo, CA after fielding several proposals on the building.

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.

EUGENE, OR - August 19, 2011 - (RealEstateRama) -- Today, IDX, Inc. announces Broker Jeff Smith of Presidio Real Estate has become the latest real estate professional to adopt a customizable IDX solution for his company website. Smith's IDX solution now seamlessly integrates thousands of Ventura County Regional (VCRDS) listings onto his search page, creating a comprehensive database of properties for his clients to explore online. Through his IDX solution, Smith also has access to myAgent by IDX, which gives real estate agents the ability to extend their online MLS search tools to the mobile web. This iPhone/iPad App is designed to give him an advantage in the field, and he can use it when touring neighborhoods with a client, or encourage his clients to download the app and with his Agent ID code, when his clients find a home they like, his contact information shows up over the top of every search

SACRAMENTO, CA - August 19, 2011 - (RealEstateRama) -- Housing affordability in California decreased in the second quarter of 2011 as 16 of the state’s 28 metropolitan areas included in the report showed declines, the California Building Industry Association announced today.

Torrance, CA - August 18, 2011 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has been named the listing broker of the historic Brown Derby, the 14,000-square-foot retail-restaurant building at 4500 Los Feliz Blvd. in Los Angeles