Yearly Archives: 2012

SACRAMENTO, CA - April 18, 2012 - (RealEstateRama) -- Attorney General Kamala D. Harris today announced seven bills in the California Homeowner Bill of Rights to protect homeowners from unfair practices by banks and mortgage companies passed out of Legislative committees.

April 18, 2012 - (RealEstateRama) -- Mayor Edwin M. Lee today expressed his strong support for California Attorney General Kamala Harris’ California Homeowners Bill of Rights and urged members of the State Assembly Banking and Finance Committee to support Attorney General Harris’s package of foreclosure reform bills including support for AB 1602, a bill to end “dual tracking” foreclosures by preventing banks from foreclosing on a borrower’s home while the borrower is in the process of negotiating a loan modification, being heard today:

Irvine, CA - April 18, 2012 - (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 Bay Harbour, a 198 unit, single family home community located in Long Beach, California. Keystone Pacific will be assisting the board of directors with the daily management operations of the community.

INLAND EMPIRE, CA - April 18, 2012 - (RealEstateRama) -- Commercial real estate investment banking firm George Smith Partners has successfully arranged $25 million in joint venture equity for the acquisition of a 14.7-acre development site in Montclair, Calif. on behalf of GLJ Partners, according to Vice President, Malcolm Davies and Vice President, Michelle Lee. The site will be used to develop a new 385-unit Class A multifamily property.

Orange County, CA - April 18, 2012 - (RealEstateRama) -- Voit Real Estate Services’ Anaheim office has completed the sale of the sixth and final building in Phase One of the Kimberly Business Center in Fullerton, Calif., according to Mitch Zehner, Executive Vice President in Voit’s Anaheim office. The 26,540 square-foot industrial building was sold for a total consideration of $3.5 million.

Torrance, CA - April 17, 2012 - (RealEstateRama) -- Auction.com (www.auction.com/luxury), the nation’s leading online real estate marketplace, will auction an exceptional Italianate villa occupying the largest private estate in Newport Beach on April 26.

INLAND EMPIRE, CA - April 11, 2012 - (RealEstateRama) -- Voit Real Estate Services’ Inland Empire office has completed a new, 180,608 square-foot industrial lease at the Crossroads Business Park, located at 740 No. Vintage Ave. in Ontario, Calif., on behalf of Steelcase, Inc., a global provider of workplace products, furnishings and services, according to Walt Chenoweth, Executive Vice President in Voit’s Inland Empire office. The facility will serve as a new Steelcase distribution center.

Torrance, CA - April 11, 2012 - (RealEstateRama) -- Lee & Associates, one of the nation’s leading commercial real estate providers, has closed a $2.48 million deal for a medical office building in Huntington Beach, Calif. The 7,098-square-foot property is located at 9131 Adams Ave.

COMMERCE, CA - April 10, 2012 - (RealEstateRama) -- Voit Real Estate Services has directed the $6 million sale of a 95,428 square-foot industrial property located at 6009-6041 South Malt Ave. in Commerce, Calif., on behalf of the seller. This three-building industrial property will be used as a new branch location for Los Angeles-based cosmetic manufacturer American International Industries, according to Frank Geraci, Executive Vice President in Voit’s Inland Empire office.

Torrance, CA - April 10, 2012 - (RealEstateRama) -- Houston, Texas-based developer The Dinerstein Companies has acquired a 10.4-acre site entitled for 707 apartment units in the Warner Center area of Woodland Hills, Calif., according to John Battle, SIOR and Craig Stevens, principals of Lee & Associates-LA North/Ventura, Inc., who represented the buyer and seller in the transaction with Lee principals Jim Fisher and Mike Smith.

Torrance, CA - April 10, 2012 - (RealEstateRama) -- In a strategic move to strengthen its presence in the Coachella Valley market, Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has brought on four powerhouse professionals, Maggie Montez, Brian Ward, Dani Alexander and Shawna Strange, to spearhead the Palm Desert office.

Torrance, CA - April 10, 2012 - (RealEstateRama) -- Joan Frei, senior vice president and director of business development for Nadel Architects, has been promoted to state program chairperson for the Southern California chapter of the International Council of Shopping Centers (ICSC). Frei will manage the overall annual calendar for the region, coordinating with local program and next generation chairs, as well as assisting with the development of new regional programs.

Torrance, CA - April 9, 2012 - (RealEstateRama) -- Auction.com (www.auction.com), the nation’s leading online real estate marketplace, attracted more than 70 registered bidders to a successful three-day online luxury auction, which featured 411 Edgewater in Newport Beach.

TAVARES, CA - April 9, 2012 - (RealEstateRama) -- Sometimes the best way to lead is by example, and that’s what the Lake County Board of County Commissioners (BCC) hopes residents and commercial business owners will see in the energy savings from the recently completed Retrofit Pilot Program. The BCC dedicated funds from the Department of Energy’s Energy Efficiency and Conservation Block Grant (EECBG) to retrofit a local commercial business building and residential home with energy-efficient upgrades.

LOS ANGELES, CA - April 9, 2012 - (RealEstateRama) -- California Congressman Gary Miller (R-Brea), along with 18 other members of California’s congressional delegation, issued a letter last week to Edward J. DeMarco, acting director of the Federal Housing Finance Agency (FHFA), urging DeMarco to refrain from implementing the agency’s “REO Initiative” pilot program in California because it would negatively impact California’s housing market and raise costs for taxpayers.

EUGENE, OR - April 6, 2012 - (RealEstateRama) -- Today, IDX, Inc. welcomes Kris Johnston to the growing network of agents and brokers who have chosen to integrate the dynamic IDX Broker software onto their real estate websites. Johnston, a member of the Santa Barbara MLS (SBAOR), now hosts a thorough and comprehensive database of listings online, supplying his clients with a complete online real estate website and resource for their property search. With advanced search capabilities and the unmatched customer service Johnston offers his home-seeking clients, the IDX-enabled website he hosts reflects his professionalism and forward-thinking logic

EUGENE, OR - April 6, 2012 - (RealEstateRama) -- Today, San Luis Obispo, California real estate broker Wes Burk and IDX, Inc. announce the unveiling of the comprehensive real estate website Burk has synced with an IDX solution. The IDX Broker software he has integrated onto his search page gives Burk and his clients a detailed database of thousands of Central Coast Regional MLS (CCRMLS) listings seamlessly and instantly. Home seekers can experience an online property search comparable to none, thanks to the IDX-enabled website Burk hosts.

NEWPORT BEACH, CA - April 6, 2012 - (RealEstateRama) -- Voit Real Estate Services has been recognized as a “CoStar Power Broker” Top Sales Firm and Top Leasing Firm in the Orange County market for 2011. These distinguished honors are awarded based on a firm’s overall sales and leasing transaction volume for the 2011 calendar year, and are measured against all commercial real estate brokers’ activity in the region.

ORANGE COUNTY, CA - April 6, 2012 - (RealEstateRama) -- Dan Vittone and Alan Pekarcik of Voit Real Estate Services’ Irvine office have been selected to market a 72,928 square-foot medical office property available for sale at 24012 Calle De La Plata in Laguna Hills, Calif. The property, which is adjacent to Saddleback Memorial Medical Center, is currently 57 percent occupied by medical, financial, and professional office tenants.

LAKE FOREST, CA - April 5, 2012 - (RealEstateRama) -- Paul Fisher and Stephen Grossman, both Senior Vice Presidents with NAI Capital’s Orange County office, represented the Seller, Iraj Roohani, and the Buyer, Ramin Afshar in the sale and purchase of a 3,015 sq. ft. flex/office condominium located at 26150 Enterprise Way, Suite 200. The value of the transaction was $371,000.00 with an impressive five day escrow.