Yearly Archives: 2011

LOS ANGELES, CA - December 15, 2011 - (RealEstateRama) -- California home sales posted an increase both on a monthly and annual basis in November, marking the fifth consecutive month of year-to-year sales increases, according to figures released today from the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.).

SACRAMENTO, CA - December 14, 2011 - (RealEstateRama) -- The U.S. District Court in Sacramento today unsealed an indictment against four real estate investors and an auctioneer for their participation in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions held in San Joaquin County, Calif., 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.

Irvine, CA - December 14, 2011 - (RealEstateRama) -- Keystone Pacific Property Management, a leading community association management company providing management services to community associations throughout Southern California, has been selected to manage Villa Vallerto, a 118 condominium community located in Tustin, California. Keystone Pacific will be assisting the board of directors with the daily management operations of the community.

December 13, 2011 - (RealEstateRama) -- The California Building Industry Association (CBIA) released the following statement today on the recent Field Poll conducted on behalf of the Association of California Water Agencies (ACWA) which asked Californians their opinions on the proposed state water bond and its importance to the state’s prosperity and economy

Torrance, CA - December 12, 2011 - (RealEstateRama) -- Following a joint venture established just under a year ago, San Diego-based general contractors Straub Construction and C.W. Driver have been awarded a $46.5 million contract for the design and construction of six new facilities, renovation of existing facilities, and infrastructure and site improvements to support the Truck Company Operations in the Margarita (33) Area of Camp Pendleton. Joining C.W. Driver and Straub Construction on the design-build project team are San Diego-based architectural firms RJC Architects and Gensler Architects. The expected date of completion of the Truck Company Complex is scheduled for September 2013.

Torrance, CA - December 12, 2011 - (RealEstateRama) -- Coldwell Banker Residential Brokerage’s The Harwood Group which operates out of its own office in the Village of Rancho Santa Fe has yet another accolade to stack onto its already impressive trophy case. The Harwood Group has been ranked 30th among the top real estate teams in the U.S. according to a new list by The Wall Street Journal/Real Trends, Inc.

LOS ANGELES, CA - December 12, 2011 - (RealEstateRama) -- Federal authorities have charged an Austin, Texas man with having operated a foreclosure-rescue scam in Los Angeles and elsewhere that falsely promised the owners of more than a thousand distressed properties that they could indefinitely postpone foreclosure sales.

December 12, 2011 - (RealEstateRama) -- Mayor Edwin M. Lee today announced a new $3 million Home for the Holidays initiative to provide housing for San Francisco homeless families. Beginning immediately, the initiative will target families in San Francisco in immediate need with children in public schools to move them into vacant public housing units or provide rent subsidies for rental units in the private market. Key to funding this program involves the rental subsidy portion that includes the formation of a public and private partnership between Marc and Lynne Benioff and the Salesforce.com Foundation, community based non-profit organizations and the City in order to provide immediate relief to families in need and a home for the holidays.

IRVINE, CA - December 12, 2011 - (RealEstateRama) -- Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the western United States and a market leader in the sale of retail properties, announced today that William B. Asher and Jeremy S. McChesney represented the buyer and seller in the sale of a single-tenant Walgreens in Lake Elsinore, Calif. The purchase price was $8,086,409.

SAN FRANCISCO, CA - December 9, 2011 - (RealEstateRama) -- James Stanley Ward, Edward George Locker, and Richard Ferguson Tipton pleaded guilty in federal court in San Francisco to conspiracy to commit mail and wire fraud, United States Attorney Melinda Haag announced. Ward and Locker entered their guilty pleas on Dec. 6, 2011. Tipton entered his plea today.

LOS ANGELES, CA - December 7, 2011 - (RealEstateRama) -- Attorneys General Kamala D. Harris of California and Catherine Cortez Masto of Nevada today announced that their states have entered into a joint investigation alliance designed to assist homeowners who have been harmed by misconduct and fraud in the mortgage industry.

Torrance , CA - December 7, 2011 - (RealEstateRama) -- The University of Southern California Lusk Center for Real Estate’s (http://www.usc.edu/lusk) annual analysis of industrial and office real estate in Los Angeles County, Orange County and the Inland Empire shows signs of a slow market recovery.

Chino, CA - December 6, 2011 - (RealEstateRama) -- Voit Real Estate Services’ Inland Empire office has successfully facilitated two new industrial subleases in Chino, including a nine-month, 200,000 square-foot industrial sublease at 4281 Edison Avenue; as well as a 150,660 square-foot, 13.5-month industrial sublease at the adjacent property, located at 4361-4371 Edison Avenue.

December 6, 2011 - (RealEstateRama) -- WHAT: Attorneys General Kamala D. Harris of California and Catherine Cortez Masto of Nevada will make a joint mortgage-related announcement.

San Francisco, CA - December 5, 2011 - (RealEstateRama) -- Zephyr Real Estate is once again accepting contributions for the annual Food and Toy drives to benefit those who need a little help this holiday season. As with prior years, the San Francisco Firefighters’ Toy Program and the San Francisco Food Bank are the recipients of the donations from all six offices in San Francisco. To find the nearest Zephyr office to drop off a donation, visit www.zephyrsf.com.

LOS ANGELES, CA - December 5, 2011 - (RealEstateRama) -- In an effort to meet the needs of Spanish-speaking home buyers in California, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today launched Sucasa.net (http://www.sucasa.net), a brand-new Spanish-language property search website.

SACRAMENTO, CA - December 5, 2011 - (RealEstateRama) -- Five people have been charged in a federal indictment, unsealed today, in connection with a foreclosure rescue scheme, announced U.S. Attorney for the Eastern District of California Benjamin B. Wagner. The five defendants, Jewel L. Hinkles, aka “Cydney Sanchez,” 61, of Los Angeles; Bernadette Guidry, 43, of Irvine, Calif.; Jesse Wheeler, 34, of Roseville, Calif.; Cynthia Corn, 58, of Oakland, Calif.; and Brent Medearis, 45, of Modesto, Calif., were charged in an indictment returned by a federal grand jury on Dec. 1, 2011. Hinkles and Guidry are charged with eight counts of mail fraud. Each of the defendants except Guidry is charged with 16 counts of bankruptcy fraud.

Irvine, CA - December 5, 2011 - (RealEstateRama) -- Colliers International, the third largest real estate services organization globally, welcomes Eric Johnson to Real Estate Management Services (REMS). He will serve as Regional Managing Director for REMS’ Southern California region.

Torrance, CA - December 5, 2011 - (RealEstateRama) -- Less than a year after being appointed to the California Board of Accountancy (CBA) by then Gov. Arnold Schwarzenegger, Michael Savoy, managing director of Santa Monica-based Gumbiner Savett Inc., has been elected secretary/treasurer for 2012. In his new position, Savoy will perform a variety of duties that will help drive the organization forward and keep its finances in sound shape.

December 2, 2011 - (RealEstateRama) -- Ray Panek is the senior vice president for forward planning for KB Home Northern California. In his current position, Panek manages the design, entitlement, permitting and development of all KB Home projects in the greater San Francisco Bay Area.