Yearly Archives: 2012

LOS ANGELES, CA - June 8, 2012 - (RealEstateRama) -- AEW Capital Management, a leading manager of real estate assets and securities for institutional and private investors, has awarded Cushman & Wakefield of California, Inc. the property management assignment for 11 industrial properties in Southern California. The properties, which total 2.6 million square feet, are owned by several of AEW’s commingled investment funds. Dee Eckman and Mary Marx of Cushman & Wakefield’s Corporate Occupier and Investor Services (CIS) group will handle the assignment.

June 7, 2012 - (RealEstateRama) -- Mayor Edwin M. Lee today asked the nation’s five mortgage loan servicers that settled in the joint federal-state mortgage settlement to voluntarily pause foreclosure proceedings against homeowners who are at risk for foreclosure but could be eligible for assistance under the terms of the settlement

LOS ANGELES, CA - June 6, 2012 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed the $2,894,000 sale of a nine-unit apartment property located at 3321 Mentone Ave. near the major cross street of National in Los Angeles.

LOS ANGELES, CA - June 6, 2012 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has been awarded the KB Vernon Portfolio, a nearly 1.1 million square foot property management assignment from KB Partnership, a partnership between Black Equities and ARKA Properties both based out of Beverly Hills, California. The KB Vernon Portfolio totals ten buildings and is nearly 100 percent occupied. It consists entirely of industrial properties in the cities of Vernon and Los Angeles.

Thousand Oaks, CA - June 6, 2012 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has completed the $1.95 million sale of an approximately 12,800 square foot office property located at 199 E. Thousand Oaks Blvd. in Thousand Oaks, Calif

EUGENE, OR - June 6, 2012 - (RealEstateRama) -- IDX, Inc. welcomes Laurie McLennan of Windermere Realty to the growing network of agents and brokers that have adopted an IDX solution for their professional real estate search pages. As a member of the Desert MLS (DTMLS), McLennan has long had access to the detailed property listings DTMLS supplies to real estate professionals. Now, potential buyers can experience the same level of accessibility to the DTMLS database by utilizing the IDX-enabled search tools McLennan hosts online

TUSTIN, CA - June 5, 2012 - (RealEstateRama) -- Gregory A. Fisher of Present Value Properties, Inc., a full service retail real estate brokerage, and consulting firm headquartered in Tustin, Calif., announced today that Charlie Cangelosi, a retail real estate veteran and a former partner at Retail Net Lease Properties (RNLP), Inc. for nearly 7 years, has joined Present Value Properties as Vice President and will head up Present Value Properties' new San Fernando Valley office at 20720 Ventura Blvd., Suite 220, Woodland Hills, CA 91364. Telephone: (818) 646-6100.

Torrance, CA - June 5, 2012 - (RealEstateRama) -- Daniel B. Guggenheim and Leslie D. Reed, two associates from the national real estate law firm Pircher, Nichols & Meeks, were honored with the Outstanding Young Lawyer Award at the 14th Annual Los Angeles County Bar Association (LACBA) Real Property Section Installation and Awards Dinner, which was held at the Millennium Biltmore Hotel in Los Angeles on Wednesday, May 30. Two out of the three recipients of the prestigious award are from the Los Angeles office of Pircher, Nichols & Meeks.

EUGENE, OR - June 5, 2012 - (RealEstateRama) -- IDX, Inc. is pleased to announce Gary Brown has enabled IDX Broker software on the professional real estate website of Merrill & Associates Real Estate. By adopting a customizable IDX solution, Brown has synced his website to the Central Coast Regional MLS (CCRMLS) database, extracting raw listing data and seamlessly integrating it onto the search page he hosts. With IDX Broker software, Brown has created a dynamic online property search for his clients and other Paso Robles, California luxury home seekers.

EUGENE, OR - June 5, 2012 - (RealEstateRama) -- IDX Broker software has been uploaded onto the comprehensive real estate website of Broker Jim Cheney, making finding a home in the Santa Rosa, California area monumentally easier by syncing a search results page with thousands of Bay Area Real Estate Info Systems MLS (BAREIS) listings. Instantly, home seekers can experience an unprecedented level of freedom and control over their respective searches by utilizing the immensely helpful tool IDX Broker and Cheney have integrated into the online real estate search website.

IRVINE, CA - June 4, 2012 - (RealEstateRama) -- Award-winning KTGY Group, Inc., Architecture and Planning, is pleased to announce that KTGY’s Principal Manny Gonzalez, AIA, LEED AP, has been invited to participate in the Orange County Chapter’s Building Industry Association (BIA) program, "The New Apartment Dream; Placeholder or Lifestyle Choice?" on Monday, June 18, 2012. The meeting will be held at the Turnip Rose at the Grand Newport Plaza, 1901 Newport Boulevard in Costa Mesa. The moderator for the program is Michael J. Winter, Senior Vice President, Development of SARES-REGIS Group. Andy Hetzel, Marketing Director of Lewis Operating Corp. will join Gonzalez as a speaker.

Tarzana, CA - June 1, 2012 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has completed the $2,326,000 sale of an approximately 12,044 square foot vacant retail property located at 18553-18563 Ventura Blvd. in Tarzana. This prime Ventura Blvd storefront property is located in the heart of Tarzana’s business and entertainment district with significant frontage and excellent visibility near one of the busiest intersections in the San Fernando Valley on Ventura Blvd and Reseda.

Fullerton, CA - June 1, 2012 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has completed a five-year, 62,396 square foot industrial/office lease with Progressive Marketing Products/Premier, a global leader in flat panel mounts, carts, stands and mounting accessories for the audio visual industry. The two-story, class A facility is located at 1321 State College Blvd. in Fullerton, Calif.

WASHINGTON, D.C. - May 31, 2012 - (RealEstateRama) -- Keystone Pacific Property Management, a leading community association management company providing management services to community associations throughout Southern California, welcomes three new community association managers to its team. The new Keystone Pacific team members, all based in the firm’s Irvine office, include Kevin Burkhardt, Monica Alvarado, and Michael Gonzalez.

LANCASTER, CA - May 31, 2012 - (RealEstateRama) -- NAI Capital’s Fariba Kavian with the West L.A. office represented the Seller, LNR Properties, in the sale of a 53,822 SF retail property located at the Lancaster Plaza at 1006, 1022, 1030, 1060 E Ave J. to the Buyer, 2429 Danalda and Kab Plaza LLC. The value of the sales transaction was over $6.4M.

SAN JOSE, CA - May 31, 2012 - (RealEstateRama) -- The three founders of S3 Partners who allegedly defrauded numerous individual investors and banks out of more than $21 million in connection with a real estate investment fraud scheme were arrested and arraigned on 33 counts of conspiracy, wire, mail, bank and securities fraud, United States Attorney Melinda Haag announced.

SACRAMENTO, CA - May 31, 2012 - (RealEstateRama) -- Attorney General Kamala D. Harris today announced the Assembly and Senate each passed important components of the California Homeowner Bill of Rights that will help protect homeowners from scams.

Orange County, CA - May 31, 2012 - (RealEstateRama) -- Mitch Zehner and Seth Davenport of Voit Real Estate Services’ Anaheim office have directed the five-year lease renewal of a 20,000 square-foot industrial building for a total consideration of $561,300 on behalf of the lessor. Located at 527 Fee Ana Street in Placentia, Calif., this warehouse property will continue to be fully occupied by CMI Precision Machining, a company that specializes in cnc machinery and related products, according to Mitch Zehner, Executive Vice President in Voit’s Anaheim office.

Torrance, CA - May 31, 2012 - (RealEstateRama) -- Coming on the heels of a recently closed sale for another local distressed office on Red Hill Ave., Lee & Associates, one of largest broker-owned commercial real estate firms in the country, has closed a $9 million office sale for Pointe Red Hill in Tustin, Calif

Torrance, CA - May 31, 2012 - (RealEstateRama) -- Coldwell Banker Residential Brokerage has announced the sale of the first oceanfront and highest priced home to sell in La Jolla this year at $5.45 million, according to the San Diego Multiple Listing Service (MLS). Public records indicate that the four-bedroom, seven-and-a-half bathroom home located at 5204 Chelsea Street was purchased by Heath A. Carr, chief executive officer of Fibrwrap Construction, LP.