Yearly Archives: 2012

LOS ANGELES, CA - November 22, 2012 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) announced today that its 2013 Leadership Team is now in place. Leading the team is C.A.R. President Don Faught, a second-generation REALTOR® and a managing broker in the San Francisco Bay Area. Serving with Faught are President-elect Kevin Brown, Treasurer Chris Kutzkey, and State Secretary Joel Singer. The officers for 2013 began their official term last week at the close of the NATIONAL ASSOCIATION OF REALTORS® (NAR) Conference and Expo in Orlando, Fla.

LOS ANGELES, CA - November 22, 2012 - (RealEstateRama) -- California pending home sales rose both from the previous month and year in October for the first time in seven months, while the share of equity sales grew slightly, marking a four-year high, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

SAN FRANCISCO, CA - November 22, 2012 - (RealEstateRama) -- Attorney General Kamala D. Harris today announced a $10.4 million grant program for organizations that provide housing counseling and legal services to homeowners. The grant funds were secured through the National Mortgage Settlement with the goal of providing assistance to homeowners impacted by California's foreclosure crisis.

RIVERSIDE, CA - November 21, 2012 - (RealEstateRama) -- An Australian man who once worked as a jockey has been sentenced to four years in federal prison for concealing the proceeds of a loan fraud scheme that caused victims to lose more than $5 million in less than eight months

Washington, DC - November 19, 2012 - (RealEstateRama) -- Congresswoman Maxine Waters (CA-35) released the following statement in response to the Federal Housing Administration’s annual financial status report issued to Congress today:

LOS ANGELES, CA - November 19, 2012 - (RealEstateRama) -- Real Estate Business Services® (REBS®), a subsidiary of the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.), today announced that Victor Valley Association of REALTORS®/Multiple Listing Service is now integrated with zipForm® 6 so its REALTOR® members can start the paperwork process from inside of the MLS. VVAR MLS is the first multiple listing service in California to offer this type of integration. zipForm® 6 is a free member benefit from C.A.R.

LOS ANGELES, CA - November 16, 2012 - (RealEstateRama) -- California’s housing market continued its momentum in October, posting strong year-over-year sales and price gains in nearly every county of the state, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported.

San Francisco, CA - November 15, 2012 - (RealEstateRama) -- Mayor Edwin M. Lee today at the U.S. Green Building Council Greenbuild International Conference and Expo being held at the Moscone Convention Center announced that the City and County of San Francisco has filed for LEED (Leadership in Energy and Environmental Design) certification for eight buildings in San Francisco’s Historic Civic Center District. The LEED application for Existing Buildings Operations and Maintenance category includes over 2.2 million square feet of civic real estate for San Francisco City Hall, Louise M. Davies Symphony Hall, San Francisco Main Library, Asian Art Museum, Bill Graham Civic Auditorium, Department of Public Health Headquarters, War Memorial Opera House and War Memorial Veterans Building

SACRAMENTO, CA - November 15, 2012 - (RealEstateRama) -- Congresswoman Doris Matsui (CA-05) today announced that Sacramento County’s Department of Health and Human Services has received a continuation of their $962,901 grant from the U.S. Department of Health and Human Services (HHS). The grant will support the county’s Health Care for the Homeless Program (HCH), which provides primary medical care for low income, uninsured, and underinsured residents in the Sacramento region.

LOS ANGELES, CA - November 13, 2012 - (RealEstateRama) -- Rising home prices offset lower interest rates, reducing housing affordability in California during the third quarter of 2012, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

Torrance, CA - November 12, 2012 - (RealEstateRama) -- Nadel Architects has completed the design for The Village at Nellie Gale Ranch, a shopping center in Laguna Hills, Calif. The renovation and expansion project has recently received entitlement to move forward with construction, which is tentatively set to be completed in late summer/early fall 2013. To better reflect the needs of the area’s residents, Nadel will reposition the property by converting the center into an amenity for the local community.

WASHINGTON, DC - November 12, 2012 - (RealEstateRama) -- A Las Vegas mortgage agent was found guilty today for participation in a mortgage fraud scheme that netted $1.2 million in fraudulent mortgage loans, announced Assistant Attorney General Lanny A. Breuer of the Justice Department’s Criminal Division, U.S. Attorney Daniel G. Bogden of the District of Nevada and Special Agent in Charge Kevin Favreau of the FBI’s Las Vegas Field Office.

Torrance, CA - November 9, 2012 - (RealEstateRama) -- The Regents of the University of California have purchased Intellicenter-Riverside, a prominent three-story building on Meridian Parkway along Interstate 215 in Riverside, California, for $17.4 million.

Torrance, CA - November 6, 2012 - (RealEstateRama) -- Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, has closed a $4.05 million medical office building sale at 3661-3663 Torrance Blvd. in Torrance, Calif.

Torrance, CA - November 6, 2012 - (RealEstateRama) -- Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, has closed the $3.3 million sale of Sterling Centre in Redlands, Calif.

LOS ANGELES, CA - November 6, 2012 - (RealEstateRama) -- The following is a statement by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) on last week’s announced REO bulk sale transaction between Fannie Mae, the Federal Housing Finance Agency (FHFA) and Colony Capital

Torrance, CA - November 6, 2012 - (RealEstateRama) -- The University of Southern California is pleased to announce a $10 million gift from David Dollinger to endow the USC Price School of Public Policy’s Master of Real Estate Development degree. The program will be renamed the Dollinger Master of Real Estate Development Program, permanently linking one of the nation’s most well-respected graduate degrees in real estate with one of the program’s most distinguished alumni.

Torrance, CA - November 5, 2012 - (RealEstateRama) -- Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, has closed the sale of 820 Broadway, a creative office building located in the heart of Santa Monica, Calif. for an undisclosed amount.

Torrance, CA - November 2, 2012 - (RealEstateRama) -- Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, has closed the $12.75 million sale of a 125,000-square-foot industrial building in Orange County.

Torrance, CA - November 2, 2012 - (RealEstateRama) -- Auction.com, the nation’s leading online real estate marketplace, and its Luxury Home Division (http://www.auction.com/luxury) will auction a Coronado luxury home that possesses dramatic views of the Pacific Ocean and San Diego skyline Dec. 3-5.