Yearly Archives: 2012

SANTA MONICA, CA - April 4, 2012 - (RealEstateRama) -- Hudson Realty Capital LLC (Hudson), a Manhattan-based real estate fund manager, has funded a $4.36 million bridge loan involving a 14,612-square-foot office building in the downtown district. The borrower, a prominent local real estate developer and multi-family operator, is utilizing the loan proceeds to purchase the property and implement the business plan, which includes reinstating the original residential zoning.

April 4, 2012 - (RealEstateRama) -- Keystone Pacific Property Management, a leading community association management company providing management services to community associations throughout Southern California, honored Jennifer Stocks with the firm’s Excellence in Service Award. The Excellence in Service Award is presented to a team member that promotes Keystone Pacific Property Management’s philosophy, delivers exceptional customer service and exhibits superb leadership qualities.

EUGENE, OR - April 4, 2012 - (RealEstateRama) -- San Diego, California area home seekers can now experience an online real estate search experience comparable to none, on the IDX enabled website of Magnus Realty Group Realtor Jill Eastman. Eastman, a member of the San Diego Regional MLS (Sandicor), she can display thousands of area listings instantly on her IDX synced website. Additional outlets, including an iPhone application, give potential San Diego buyers more freedom and control than ever before afforded to home seekers throughout an online property real estate search.

Sacramento, CA - April 4, 2012 - (RealEstateRama) -- Voit Real Estate Services’ Sacramento office has announced the addition of two new brokers, Jon Walker and Tom Bacci. Each of the new commercial real estate professionals has nearly two decades of experience specializing in office leasing and sales, according to Kevin Sheehan, Managing Director of Voit’s Sacramento office.

SAN JOSE, CA - April 3, 2012 - (RealEstateRama) -- David A. Nilsen was sentenced today to 97 months in prison and ordered to pay $69,828,833 in restitution following his conviction for conspiracy to commit mail and wire fraud in connection with his operation of Cedar Funding, a Monterey-based hard money lender, United States Attorney Melinda Haag announced.

Torrance, CA - April 3, 2012 - (RealEstateRama) -- C.W. Driver, a premier builder serving the Western United States since 1919, completed construction on the new, 118,000-square-foot Student Recreation Center at California State University, Northridge, (CSUN) in Northridge, Calif. As the construction manager at risk, C.W. Driver focused on building a sustainable and modern facility large enough for the student population, and allowing for better access to resources that promote wellness, physical health and campus involvement.

Torrance, CA - April 3, 2012 - (RealEstateRama) -- Coldwell Banker Residential Brokerage in Point Loma announced today the sale of the former home of San Diego philanthropists Anne and Abraham Ratner. Sold by Coldwell Banker’s Shirley Haimsohn, the 4,042-square-foot property closed after being on the market for less than two weeks.

Washington, DC - April 2, 2012 - (RealEstateRama) -- Congressman Mike Thompson (CA-01) today announced a $445,331 federal grant that will help provide permanent housing and support to veterans in Sonoma County. The grant, provided through the Department of Housing and Urban Development (HUD), will be awarded to the Santa Rosa VA Outpatient Clinic. The funds will be used as vouchers to provide rental assistance for homeless and disabled veterans.

SACRAMENTO, CA - March 30, 2012 - (RealEstateRama) -- United States Attorney Benjamin B. Wagner announced that Kesha Danine Fortune Haynie, 41, of Chico, was convicted today of two counts of mail fraud in connection with a mortgage fraud scheme. The guilty verdict was returned by a federal court jury in Sacramento after a six-day trial before United States District Judge Edward J. Garcia.

Los Angeles, CA - March 29, 2012 - (RealEstateRama) -- Commercial real estate investment banking firm George Smith Partners has closed four transactions on behalf of its clients, totaling $9.9 million.

Santa Ana, CA - March 29, 2012 - (RealEstateRama) -- Voit Real Estate Services’ Irvine office has successfully completed the $4.7 million acquisition of Edinger Business Park, a 61,923 square-foot multi-tenant industrial and office park in Santa Ana, Calif., on behalf of the buyer. The three-building property was 91 percent occupied when it was acquired, according to Dan Vittone, a Senior Vice President in Voit’s Irvine office.

RIVERSIDE, CA - March 29, 2012 - (RealEstateRama) -- Voit Real Estate Services’ Inland Empire office has directed a new five-year, 105,000 square-foot industrial lease in the Meridian Business Park, on behalf of the lessor. Voit was successful in securing a tenant within six months for this industrial property located at 14751 Meridian Parkway in Riverside, California, according to Patrick Wood, Senior Associate in Voit’s Inland Empire office.

EUGENE, OR - March 29, 2012 - (RealEstateRama) -- IDX, Inc. announces Realtor Kimberly Wagenmakers has become the latest real estate professional to adopt a customizable IDX solution for her professional website. Her customizable IDX solution now seamlessly integrates thousands of San Diego Regional MLS (Sandicor) listings onto her search page, creating a thorough database of properties for her clients to explore online. By adding IDX Broker software to her website, Wagenmakers has revolutionized the way property listing are presented to her clients and other potential San Marcos, California buyers.

EUGENE, OR - March 29, 2012 - (RealEstateRama) -- IDX, Inc. is pleased to announce Los Angeles, California Broker Joni Migdal has chosen to integrate an IDX solution onto her professional website and create a dynamic search page. A member of the California Real Estate Technology Services MLS (CARETS), Migdal is able to integrate thousands of area listings directly onto her search page effortlessly, supplying home seekers with a unique online real estate search experience daily.

WASHINGTON, DC - March 28, 2012 - (RealEstateRama) -- Congresswoman Susan Davis (D-San Diego) announced $1.2 million for San Diego to help homeless veterans as part the Department of Housing and Urban Development Veteran’s Affairs Supportive Housing Program (HUD-VASH).

COMPTON, CA - March 28, 2012 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. has arranged a full-building, 111,000-square-foot industrial lease with PR Logistics at 220 West Victoria Street within Prudential Real Estate Investors’ Dominguez Hills Industrial Park in Compton, Cal. PREI was represented in the transaction by Cushman & Wakefield’s Los Angeles South team of Rooney Daschbach, Steve Bohannon, and Rusty Smith.

Sacramento, CA - March 28, 2012 - (RealEstateRama) -- Jason Gallelli and Gary Gallelli of Voit Real Estate Services’ Sacramento office were honored by the Sacramento, Calif.-based Association of Commercial Real Estate (ACRE) last week at the organization’s annual award ceremony, with participation by all major brokerage houses in Sacramento.

Torrance, CA - March 28, 2012 - (RealEstateRama) -- Less than three years into her real estate career, Coldwell Banker Residential Brokerage’s Erica Miller has been voted the North County Times 2011 Top Agent by local residents. While it has only been a few years since she received her real estate license, Miller’s patience, persistence and passion have guided her to the top.

LOS ANGELES, CA - March 27, 2012 - (RealEstateRama) -- Pending home sales in California gained ground for the second consecutive month in February, while the share of equity sales posted higher after two months of decline, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

LOS ANGELES, CA - March 27, 2012 - (RealEstateRama) -- Real Estate Business Services® (REBS®) today announced that the Scenic Coast Association of REALTORS® signed an agreement to provide Clarus MarketMetrics® as a member benefit to its more than 290 REALTOR® members.