Yearly Archives: 2011

EUGENE, OR - March 23, 2011 - (RealEstateRama) -- IDX, Inc. is pleased to announce Sacramento, California real estate broker Tim Leingang as the latest realty professional to adopt a customizable IDX solution. His website now hosts a dynamic search page that seamlessly integrates thousands of Metrolist Sacramento listings to his Granite Equity Group website. Potential buyers throughout the Northern California region can experience an online property search comparable to none, on the IDX-enabled website Leingang now supports.

Los Angeles, CA - March 22, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, has recruited top senior brokers, Christopher Maling and David Maling, aka The Maling Brothers, in Downtown Los Angeles. They both specialize in investment sales.

March 22, 2011 - (RealEstateRama) -- Mayor Edwin M. Lee today announced that the U.S. Department of Housing and Urban Development (HUD) has selected San Francisco’s HOPE SF transformation plan for Alice Griffith Public Housing Development and the surrounding Bayview neighborhood as a finalist in its Choice Neighborhoods Implementation Grant competition. The Alice Griffith Plan was one of 42 plans submitted by communities nationwide competing for the $61 million in total funding and one of six finalists to enter the second application round

Washington, DC - March 22, 2011 - (RealEstateRama) -- Congresswoman Maxine Waters (D-Calif.), a senior member of the Financial Services Committee and a top congressional advocate for affordable housing, reintroduced H.R. 1209, The Section 8 Voucher Reform Act (SEVRA), late last week. The bill would reform the Section 8 Housing Choice Voucher Program, which provides rental housing assistance to 2 million low-income American families

LOS ANGELES, CA - March 22, 2011 - (RealEstateRama) -- Pending home sales rose in February, as did the share of distressed properties sold, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

SACRAMENTO, CA - March 22, 2011 - (RealEstateRama) -- Housing production in California continued to decline in February as builders pulled fewer permits for new homes when compared to January and when compared to February of 2010, the California Building Industry Association announced today

Torrance, CA - March 22, 2011 - (RealEstateRama) -- Hamid Soroudi of Charles Dunn Company’s West Los Angeles office has closed on the sale of a 24,258-square-foot multifamily property located at 16070 W. Sunset Blvd. for $8.5 million.

March 22, 2011 - (RealEstateRama) -- Steve Slepcevic is a founder of Paramount Disaster Recovery Inc., presently works as its president and chief executive officer. Mr. Slepcevic has worked as a project builder in the United States and in world wide. He has completed plans for hotels, hospitals, office building, community associations, and apartment building and also for the residential property owners.

Torrance, CA - March 22, 2011 - (RealEstateRama) -- Lee & Associates Commercial Real Estate announces that Andover Properties LLC (Storage King USA) purchased $21 million worth of loans for four self-storage properties in Florida and Missouri. The properties comprise more than 420,000 square feet and 2,880 units

LAS VEGAS, CA - March 21, 2011 - (RealEstateRama) -- Dozens of volunteer contractors renovated the home of a Las Vegas family whose 16-year old daughter is suffering from a rare form of epilepsy that is increasingly forcing her to be wheelchair bound. The renovation project, organized by the philanthropic organization AGC Charities, Inc., was the group's second annual Operation Opening Doors effort.

EUGENE, OR - March 21, 2011 - (RealEstateRama) -- Irvine, California real estate advisor Justin Nassie has adopted the IDX, Inc. premier IDX Broker software to integrate detailed property listings onto his PropertyTrue website. With his incredible IDX solution, Nassie has transformed the way California Real Estate Technology Service (CARETS) listings are displayed online, as potential buyers can now access thousands of properties on their own, with unprecedented access to real estate market trends and updated listing information. Finding a California home online has never been easier, thanks to Nassie and his IDX-enabled website

SAN JOSE, CA - March 18, 2011 - (RealEstateRama) -- Tara Denise Bonelli, 31, of Santa Cruz, Calif., was arrested today by agents from the Federal Bureau of Investigation and Internal Revenue Service, Criminal Investigation. United States Attorney Melinda Haag announced. Yesterday, a federal grand jury in San Jose indicted Bonelli, charging her with 18 counts of wire fraud, one count of mail fraud, and three counts of money laundering

Washington, DC - March 17, 2011 - (RealEstateRama) -- The House of Representatives voted today to end the Neighborhood Stabilization Program (NSP), which Congresswoman Maxine Waters (D-Calif.) created and which President George W. Bush signed into law three years ago under the Housing and Economic Recovery Act (HERA). Last week, House Republicans also voted to end the Federal Housing Administration (FHA) Short Refinance Program and the Emergency Homeowners Relief Program (EHRP), the latter of which Congresswoman Waters worked to include in the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.

WASHINGTON D.C. - March 17, 2011 - (RealEstateRama) --Today Congresswoman Laura Richardson (CA-37) introduced an amendment to H.R. 861, the Neighborhood Stabilization Program (NSP) Termination Act, which would avoid the abrupt end of the NSP, a program that has helped rescue communities devastated by the national financial crisis.

Washington, D.C. - March 17, 2011 - (RealEstateRama) -- Over the past two weeks Congressman Howard Berman (CA-28) has voted against three separate Republican proposals that would hurt struggling homeowners and further exacerbate the foreclosure crisis facing California. Congressman Berman has been working to help homeowners struggling to avoid foreclosure and recently hosted a Homeowners Assistance and Retention Workshop in Van Nuys where over 100 Valley residents received free counseling.

Fontana, CA - March 17, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, recently completed the investment sale of the 66,800-square-foot multi-tenant project located at 7888 & 7898 Cherry Ave. Fontana, Calif. to a Orange County-based investor, Heritage Business Center Investment Group, LLC. The transaction is valued at $4.15 million.

LOS ANGELES, CA - March 17, 2011 - (RealEstateRama) -- Mark Larson, a Principal of Lee & Associates, has been named President of the Lee & Associates-Investment Services Group (Lee ISG), a commercial real estate investment brokerage and member of the Lee & Associates group of companies.

Torrance, CA - March 17, 2011 - (RealEstateRama) -- Keystone Pacific Property Management awarded Susan Seifen The Excellence in Service Award. The company’s top honor award is presented to a team member that promotes Keystone Pacific’s philosophy: to deliver exceptional customer service and exhibit superb leadership qualities.

LOS ANGELES, CA - March 16, 2011 - (RealEstateRama) -- Following three months of sales gains, California home sales posted a weaker-than-expected performance and declined in February, according to data from the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.).

IRVINE, CA - March 16, 2011 - (RealEstateRama) -- Award-winning KTGY Group, Inc., Architecture and Planning, is pleased to announce that it is providing architectural design services for a new 103,255-square-foot mixed-use retail and student housing building to be developed by Hanover Pacific, LLC at the University of La Verne (ULV) in La Verne, Calif. Located on the site of a former campus parking lot, the new building will add 378 beds and approximately 8,300 square feet of ground floor retail for a new university bookstore. A ground breaking ceremony will be held on the site at the end of March to celebrate the commencement of construction.