Yearly Archives: 2011

Los Angeles, CA - August 18, 2011 - (RealEstateRama) -- HGA Architects and Engineers (HGA) has hired Joey A. Kragelund, AIA, as associate vice president and principal of Healthcare Design in the Los Angeles office. He will focus on client relations and new business development for HGA’s growing Healthcare Practice Group

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:

Torrance, CA - August 17, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest commercial real estate brokerage firms in the country, has named Tim Moore and Glenn Stokoe senior vice presidents of its Carlsbad office. This move lends further proof that Lee is not only maintaining its profitability and continuing its nationwide expansion plans but also remains focused on its regional strength in its commercial markets

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.

LOS ANGELES, CA - August 16, 2011 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today launched a new consumer advertising campaign that employs testimonials from consumers in order to promote the value of working with a REALTOR®. The campaign’s new theme -- “California REALTORS®. Champions of Home.” -- also will raise awareness of the REALTOR® brand and reinforce the professionalism of REALTORS® who belong to C.A.R.

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.

LOS ANGELES, CA - August 15, 2011 - (RealEstateRama) -- California home sales fell in July but were up from the previous year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

LOS ANGELES, CA - August 12, 2011 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed the $7.95 million sale of a single tenant NNN-leased property occupied by CVS Pharmacy. The building totals 12,900 square feet and is located at 14426 Palmdale Road in Victorville, Calif.

LOS ANGELES, CA - August 11, 2011 - (RealEstateRama) -- Housing affordability fell throughout most areas of the state in the second quarter of 2011, primarily due to a seasonal increase in home prices, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

Torrance, CA - August 11, 2011 - (RealEstateRama) -- Aubrey Bowman 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 10, 2011 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed the $4.22 million sale of an 18-unit multifamily property that was built in 2002 and is located at 821 Wilcox Ave. in Los Angeles.

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.

Torrance, CA - August 8, 2011 - (RealEstateRama) -- The West Los Angeles office of Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, represented both the buyer and seller of the Google building, an iconic, 45,000-square-foot structure in Santa Monica, Calif., currently occupied by the Internet search engine giant. The terms of the acquisition were not disclosed.

LOS ANGELES, CA - August 5, 2011 - (RealEstateRama) -- More REALTORS® characterized closing short-sale transactions as “difficult” or “extremely difficult” than late last year, indicating that lenders’ and servicers’ short-sale procedures have shown little improvement in the past six months, according to the latest Lender Satisfaction Survey conducted by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.).

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.

Torrance, CA - August 1, 2011 - (RealEstateRama) -- Mountain Real Estate Capital (MREC) announces the acquisition of Village III within the Riverwalk Vista master plan in Riverside, Calif. MREC acquired the asset directly from Bank of the West and will be retaining Artisan Communities to complete the remaining development work and ultimately build out the project. The transaction closed June 28; its value could not be disclosed.

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.