Yearly Archives: 2011

SACRAMENTO, CA - December 2, 2011 - (RealEstateRama) -- Attorney General Kamala D. Harris today announced the arrests of three top officers of a Stockton real estate company who took thousands of dollars in up-front loan modification fees and made false promises to lower the mortgage payments of struggling Central Valley homeowners.

IRVINE, CA - December 1, 2011 - (RealEstateRama) -- Keystone Pacific Property Management, a leading community association management company providing management services to community associations throughout Southern California, has promoted Sarah Touchi from business relations coordinator to director of marketing and web technologies in the Irvine office. She has been a member of the team since 2007.

Orange County, CA - December 1, 2011 - (RealEstateRama) -- The South Coast Villas Homeowners Association has selected Merit Property Management, a FirstService Residential Management company, to manage 304 condominium units in Santa Ana, CA. Merit is assisting the community with all its HOA property management needs.

Inland Empire, CA - December 1, 2011 - (RealEstateRama) -- Merit Property Management, a FirstService Residential Management company, announces today the hiring of Kristie Rose, PCAM, CCAM, as Business Unit Leader for the Inland Empire region. Rose is now responsible for the supervision of Merit’s current association community management clients and will also coordinate and manage new contracts, maintain client relations and spearhead Merit’s continued growth throughout the Inland Empire region. She will also supervise account executive staff and association onsite teams.

Los Angeles, CA - December 1, 2011 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has completed two property sales in Los Angeles totaling $2,425,000. Tony Phu, Senior Vice President, and Jeffrey Kim, Associate, both based in Colliers International’s Ontario office represented the Seller in both transactions.

Washington, DC - December 1, 2011 - (RealEstateRama) -- At today’s House Financial Services Committee hearing to evaluate the financial health of the Federal Housing Administration (FHA), Rep. Ed Royce (R-CA), a senior member of the House Financial Services Committee and one of the few members to oppose every bailout, pressed Secretary Donovan on the need to prevent a taxpayer bailout of the FHA.

Washington, DC - December 1, 2011 - (RealEstateRama) -- This morning, the House Financial Services Committee held a hearing on the health of the Federal Housing Administration (FHA) Insurance Fund. Prior to this morning’s hearing, Congressman Gary Miller met with Housing and Urban Development (HUD) Secretary Shaun Donovan and FHA Commissioner Carol J. Galante to discuss the impact of California’s Tehachapi Renewable Transmission Project on Chino Hills’ homeowners. Following their discussion, Congressman Miller issued this statement:

Petaluma, CA - December 1, 2011 - (RealEstateRama) -- HydroPoint Data Systems, Inc., The Proven Leader in Smart Water Management announced today its customer PEP Housing has reduced outdoor water consumption by 40 percent with WeatherTRAK Smart Irrigation controllers at 12 senior housing communities in Sonoma County. The 58-unit Casa Grande Senior Apartments in Petaluma, California recently received a Met Life Foundation Award for Excellence in Affordable Housing, recognizing best practices in green, service-enriched housing for low-income seniors. The Casa Grande property is also the county's first Green Point rated multi-family project.

Torrance, CA - November 30, 2011 - (RealEstateRama) -- The University of Southern California Ross Minority Program in Real Estate, a comprehensive continuing education program that trains real estate leaders in traditionally underserved communities, has appointed a new head of day-to-day operations.

Orange County, CA - November 30, 2011 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has completed a 64 unit apartment sale located at 19822 Brookhurst St., Huntington Beach, Calif. The transaction is valued at $12.730 million.

Torrance, CA - November 30, 2011 - (RealEstateRama) -- Mountain Real Estate Group (www.mountainregroup.com), a leading buyer of distressed bank assets and a private capital source for real estate developers, builders and operators, has made a key strategic move in its national expansion plan by opening up a New York office. Located at 50 Main Street in the business district of White Plains, Mountain’s new office is the firm’s eighth regional office in the U.S. Rodney Montag, who has more than 25 years of commercial real estate development, homebuilding and investment market experience, will head the New York operation.

Bellflower, CA - November 30, 2011 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has completed a 60,000-square-feet shopping center named Rosewood Center located at the SWC of Rosecrans and Woodruff. The transaction is valued at $6,500,000.

Voit’s Sacramento Team Completes 51 Office Transactions Encompassing 296,103 Square Feet in Greater Sacramento   Voit’s Sacramento office team has completed 20 office sales...

EUGENE, OR - November 29, 2011 - (RealEstateRama) -- IDX, Inc. is pleased to announce the latest addition to the growing network of agents and brokers who have chosen to update their professional websites with an IDX solution: Broker Nima Ghaheri. As a San Diego, California Realtor and member of the San Diego Regional MLS (Sandicor) Ghaheri display thousands of listings instantly on his website, thanks to his IDX solution. The IDX Broker tools he now hosts, extract raw listing data directly from the Sandicor database and seamlessly display it online. With such dynamic features, it is no wonder Ghaheri has chosen to create a comprehensive and easy-to-use real estate website, with IDX Broker software.

Washington, DC - November 29, 2011 - (RealEstateRama) -- Congresswoman Waters (CA), Ranking Member on the Subcommittee on Capital Markets and Government Sponsored Enterprises,...

ONTARIO, CA - November 29, 2011 - (RealEstateRama) -- CT Realty Investors Inc. (www.ctrinvestors.com) announced lease agreements today with Pacific Urethane LLC for 150,240 square feet and Precision Foam LLC for 43,492 square feet at 1671 Champagne Ave. in Ontario, Calif. Total consideration for the five-year leases is $3 million and $1 million respectively.

SAN JOSE, CA - November 29, 2011 - (RealEstateRama) -- On Monday, November 28, 2011, San Jose celebrated the grand opening of Brookwood Terrace Family Apartments, a development by ROEM Corporation and Eden Housing, Inc., in collaboration with the City of San Jose. The grand opening celebration was held at 1346 East San Antonio Street in San Jose, Calif.

San Francisco, CA - November 28, 2011 - (RealEstateRama) -- Last spring, Oliver Burgelman, Realtor with Zephyr Real Estate, developed a new market-tracking website tool called PriceSquares.com. The site originally covered properties in San Francisco, but the demand for expansion quickly became apparent, particularly for the North Bay. Consequently, the site now includes Marin, Napa, Sonoma, Solano and Mendocino counties. The site also has undergone some visual changes for a cleaner and more user-friendly interface.

SACRAMENTO, CA - November 24, 2011 - (RealEstateRama) -- Attorney General Kamala D. Harris announced that Angeline Lisa Lizarrago, 69, of Fremont, was sentenced today to five years for a foreclosure scam in which dozens of struggling Bay Area and Central Valley homeowners paid for foreclosure services that were never delivered.

EUGENE, OR - November 24, 2011 - (RealEstateRama) -- IDX, Inc. announces Los Angeles, California Realtor Brian Moore has become the latest real estate professional to adopt a customizable IDX solution. By adding the unique IDX Broker software to his Prudential California Realty website, Moore has forever changed the way he does business and communicates with his clients online. As a member of the California Real Estate Technology Services MLS (CARETS), Moore’s IDX-enabled website now extracts raw listing data from CARETS and seamlessly integrates it onto his search pages. Thousands of Los Angeles property listings are now easily accessible to home seekers through Moore’s comprehensive online real estate resource.