Yearly Archives: 2011

Hollywood, CA - October 31, 2011 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has completed the sale of a 3,950-square-feet property located at 801 Seward St. and the sale of 7,405-square-feet parking lot located at 758 Seward St. in Hollywood, Calif. The total transaction is valued at $1.92 million.

LOS ANGELES, CA - October 31, 2011 - (RealEstateRama) -- The University of Southern California Ross Minority Program in Real Estate, a professional training program that teaches real estate fundamentals to individuals interested in creating positive change in emerging communities, is accepting applications for its winter session, which begins Jan. 19.

SAN FRANCISCO, CA - October 31, 2011 - (RealEstateRama) -- Susanna See, PE, LEED AP®, an executive vice president of the international engineering firm WSP Flack + Kurtz and managing director of its San Francisco office, has been named one of Northern California’s Real Estate Women of Influence, announces David Cooper, PE, LEED AP BD+C, president and chief executive officer of WSP Flack + Kurtz.

Washington, DC - October 28, 2011 - (RealEstateRama) -- Congresswoman Waters (CA), Ranking Member on the Subcommittee on Capital Markets and Government Sponsored Enterprises, today led 15 of her colleagues in the House of Representatives, renewing her call for U.S. bank regulators to publicly release information regarding the steps that mortgage servicers are taking to prevent illegal foreclosure practices.

LOS ANGELES, CA - October 28, 2011 - (RealEstateRama) -- Real Estate Business Services® (REBS®) today announced that the Chico Association of REALTORS® (AOR) has signed an agreement to provide zipForm® Mobile Web Edition as a free member benefit to its more than 400 REALTOR® members beginning in December 2011. Chico AOR is the first local REALTOR® Association in California to offer this tool for free.

LOS ANGELES, CA - October 28, 2011 - (RealEstateRama) -- In an extension of its “California REALTORS®. Champions of Home.” consumer advertising campaign, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today launched “Stories of Home,” a video testimonial contest for consumers to share personal stories about a REALTOR® who was their “Champion of Home.”

WASHINGTON, DC - October 28, 2011 - (RealEstateRama) -- Eight Northern California real estate investors have agreed to plead guilty today for their roles in two separate conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California, the Department of Justice announced.

RVINE, CA - October 26, 2011 - (RealEstateRama) -- October 26, 2011— Keystone Pacific Property Management, a leading community association management company providing management services to community associations throughout Southern California, has recently promoted Griselda Sapiens to management division project coordinator. Sapiens served as a receptionist since joining the firm in 2007.

Washington, D.C. - October 26, 2011 - (RealEstateRama) -- U.S. Senators Barbara Boxer (D-CA) and Johnny Isakson (R-GA) today praised the Administration’s announcement of new steps to help homeowners refinance and urged President Obama to make sure homeowners receive clear, easy-to-understand guidance so they can determine if the new rules will help them qualify to refinance at today’s historically low interest rates.

Torrance, CA - October 25, 2011 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has completed the purchase and sale of an 11,200-square-foot industrial building at 15311-15323 Pipeline Lane in Huntington Beach, Calif. The 100-percent leased building sold for $1.2 million or $107.14/square foot. The building was marketed by another firm for a year. Lee & Associates sold the building within 60 days of listing the property for an all-cash close.

LOS ANGELES, CA - October 25, 2011 - (RealEstateRama) -- Pending home sales in California fell in September, as is typical for this time of year, but were up from the previous year for the fifth consecutive month. Additionally, distressed home sales increased slightly in September from both the previous month and year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

SACRAMENTO, CA - October 25, 2011 - (RealEstateRama) -- Driven again by a substantial increase in the multifamily sector, California housing starts rose 10 percent in September when compared to the same month a year ago, the California Building Industry Association announced today.

Los Angeles, CA - October 25, 2011 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, just closed two apartment deals in Los Angeles totaling $25,950,000.

IRVINE CA - October 25, 2011 - (RealEstateRama) -- KTGY Group, Inc., Architecture + Planning announces that The Crossings at Big Bear Lake celebrated its grand opening today. Developed by Urban Housing Communities LLC (UHC), a leading developer of quality multifamily residential projects, The Crossings at Big Bear Lake is a $17 million affordable housing community for families earning between 30 percent and 60 percent of the area median income and was developed in collaboration with the City of Big Bear Lake’s Improvement Agency, Bank of America, and the project's designer, KTGY Group. The new eco-friendly community provides high-quality workforce housing and offers 42 thoughtfully-planned apartment homes ranging in size from two- to three-bedroom units. Rent ranges from $377 to $950 per month, based on family size and income level.

Los Angeles, CA - October 24, 2011 - (RealEstateRama) -- Shlemmer + Algaze + Associates (SAA), an Interiors and Architecture firm specializing in the design of commercial interiors, today announced that Jon Zimmerman has been appointed as Principal to lead its new Specialized Projects Group. In this role, Jon will be responsible for the specialty design practice which will focus on process and technology-driven uses such as manufacturing, assembly and laboratories.

Los Angeles, CA - October 24, 2011 - (RealEstateRama) -- The Freemont Place Homeowners Association has selected Merit Property Management, a FirstService Residential Management company, to manage the historic neighborhood of 73 luxury single-family homes located in the mid-city area of Los Angeles, CA. Merit was selected by Freemont for its management and will assist the board of directors with its HOA operations for the prestigious, historical community.

Los Angeles, CA - October 24, 2011 - (RealEstateRama) -- Construction has begun on HGA Architects and Engineers’ redesign of Los Angeles City College’s Clausen Hall, a 60,000-square-foot facility for the school’s music department at the 78-year-old Los Angeles campus. HGA’s $13 million modernization and systems upgrade will expand the college’s popular music department with a renovated recital hall and new lecture hall while creating a visually striking entrance to the campus. The project, due for a 2012 completion, is an example of HGA’s continuing core expertise in designing visual and performing arts facilities.

IRVINE, CA - October 24, 2011 - (RealEstateRama) -- Award-winning KTGY Group, Inc., Architecture + Planning, is pleased to announce that Ken Ryan, a principal and head of the firm's Community Planning and Urban Design studio, has been invited to participate as a speaker at the 2011 Urban Land Institute (ULI) Fall Meeting, held from October 25-28, 2011, at the Los Angeles Convention Center.

San Diego, CA - October 24, 2011 - (RealEstateRama) -- Merit Property Management, a FirstService Residential Management company, announces today the promotion of John Dannan to Business Unit Leader for Merit’s San Diego urban division. Dannan is will be responsible for Merit’s high-rise, mid-rise and urban clients as well manage new contracts, maintain client relations and spearhead Merit’s continued growth throughout downtown San Diego.

Palm Desert, CA - October 24, 2011 - (RealEstateRama) -- Merit Property Management, a FirstService Residential Management company, announces the relocation of their Palm Desert office due to rapid growth in the region. The expansion builds off of Merit’s 30 years of relationships with communities and board members. The relocation also creates an opportunity for Merit to implement sustainable green design principles by incorporating the use of low VOC materials in the construction of the space and office furniture.