Yearly Archives: 2012
IDX Broker software revolutionizes online real estate search process for agents and California home...
EUGENE, OR - February 6, 2012 - (RealEstateRama) -- Today, IDX, Inc. welcomes Walnut Creek, California real estate professional Doug Anderson to the growing network of agents and brokers who have updated their realty websites with a customizable IDX solution. As a subscriber to IDX Broker, Anderson receives the ability to seamlessly integrate thousands of area listings onto his website. In fact, IDX Broker extracts raw listing data directly from East Bay Regional Data MLS (EBRD) and displays it on the website Anderson hosts.
Polycoat Announce New Product for Waterproofing
Santa Fe Springs, CA - February 6, 2012 - (RealEstateRama) -- American Polymers Corporation (dba Polycoat Products), announces PC-CRETE® U (trowel and slurry) is a 3-part, heavy duty, 100% solids, aromatic, cementitious urethane mortar system typically applied at between 1/8” (3.17mm) and 3/8” (9.52mm) dry film thickness. It has a textured matte finish and can be used to form containment beams, integral cove bases for seamless wall to floor protection or to slope floors in horizontal applications. PC-CRETE® U is custom formulated to provide a strong barrier against hydrostatic pressure and thermal shock while delivering a quick turnaround cure time. It is extremely receptive to decorative aggregate broadcast and acts as an aggressive barrier against chemicals, abrasive wear and heavy impact.
Madeline Schaider Real Estate group integrates IDX solution onto dynamic property search page
EUGENE, OR - February 2, 2012 - (RealEstateRama) -- With new clients added daily, IDX, Inc. announces the latest real estate professional to adopt the customizable IDX Broker software: Corte Madera, California Realtor Alan Blumenthal. Agents and brokers alike can experience an unprecedented level of access to Bay Area Real Estate (BAREIS) listings with the newly IDX enabled website Blumenthal hosts. His IDX solution gives Blumenthal the ability to seamlessly integrate thousands of listings onto his search page, revolutionizing the way potential buyers search for and find properties online.
California Homebuilding Foundation to Induct Six Industry Leaders into Hall of Fame
SACRAMENTO, CA - February 2, 2012 - (RealEstateRama) -- Six homebuilding leaders will be honored at the California homebuilding industry’s most prestigious event, the California Homebuilding Foundation Hall of Fame Celebration.
RKF BRINGS SEPHORA AND CHIPOTLE MEXICAN GRILL TO MALIBU VILLAGE SHOPPING CENTER
Malibu, CA - February 2, 2012 - (RealEstateRama) -- RKF, the country’s leading independent real estate firm specializing in retail leasing, investment sales and consulting services, has arranged two new leases on behalf of Sephora and Chipotle Mexican Grill at Malibu Village, the newly rebranded shopping center on the east block of Cross Creek Road between Pacific Coast Highway and Civic Center Way in Malibu, Calif.
Lee & Associates Transacts 7,000-SF Office Lease on Behalf of Weitbrecht Communications
SANTA MONICA, CA - February 2, 2012 - (RealEstateRama) -- Larry Twomey, a principal with Lee & Associates-LA North/Ventura, Inc., transacted a 7,000-square-foot office building lease for the West Coast expansion of Weitbrecht Communications, Inc. (WCI) a solutions provider for the hearing impaired.
VOIT REAL ESTATE SERVICES EXPANDS SACRAMENTO BROKERAGE WITH THE ADDITION OF CAROL SITZENSTATTER
Sacramento, CA - February 1, 2012 - (RealEstateRama) -- Voit Real Estate Services’ Sacramento office has announced the addition of Carol Sitzenstatter to its brokerage team as Vice President of leasing and sales, according to Kevin Sheehan, Managing Director of Voit’s Sacramento office. Sitzenstatter brings nearly 30 years of experience in brokerage, asset management and property management in various Northern California markets to Voit.
VOIT HELPS ORANGE COUNTY CONSTRUCTION COMPANY ACQUIRE 44,300 SQUARE-FOOT INDUSTRIAL WAREHOUSE IN ORANGE
Orange, CA - February 1, 2012 - (RealEstateRama) -- Voit Real Estate Services’ Anaheim office has successfully directed the $5.1 million sale of a 44,340 square-foot industrial property located at 749 N. Poplar Street in Orange, Calif. Based on consideration and square footage, this transaction was the largest industrial owner-user sale of 2011 within the city of Orange, according to Seth Davenport, Senior Vice President in Voit’s Anaheim office.
Hanley Investment Group Sells Grocery Anchored Shopping Center in Rancho Cordova, Calif.
IRVINE, CA - January 31, 2012 - (RealEstateRama) -- Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the western United States and a market leader in the sale of retail properties, announced today that Kevin T. Fryman and Edward B. Hanley represented the buyer and seller in the sale of Bradville Square, a 90,435-square-foot grocery anchored shopping center in Rancho Cordova, Calif. The purchase price was not disclosed.
VOIT COMPLETES SALE OF COMMERCE OFFICE PARK
Commerce, CA - January 31, 2012 - (RealEstateRama) -- Voit Real Estate Services’ Irvine office has successfully completed the sale of Commerce Office Park, a 285,368 square-foot institutional quality office campus located at 4900, 5500, 5700 and 5770 South Eastern Avenue, and 5801 East Slauson Avenue in Commerce, Calif. This Class A, five-building office property is situated on six separate parcels in the Los Angeles Basin
Las Vegas Real Estate Leader Joins Leading Real Estate Companies of the World®
CHICAGO, IL - January 31, 2012 - (RealEstateRama) -- Las Vegas-based Wardley Real Estate has announced that it is now operating as an independent full-service brokerage affiliated with Leading Real Estate Companies of the World®. The company was formerly affiliated with Coldwell Banker.
New KTGY-designed Residential Community Offers High Quality, Eco-Friendly Workforce Housing in South Los Angeles
IRVINE CA - January 31, 2012 - (RealEstateRama) -- According to award-winning KTGY Group, Inc., Architecture + Planning, the City of Los Angeles celebrated the grand opening of The Crossings on 29th Street in South Los Angeles on Thursday, January 26, 2012. The Crossings on 29th Street is an affordable quality residential community developed by Urban Housing Communities LLC (UHC), in collaboration with the Community Redevelopment Agency of the City of Los Angeles and Councilmember Jan Perry of District 9 in South Los Angeles, which transformed an industrial island adjacent to a residential neighborhood into a safe, healthy, attractive and supportive family-friendly residential community for 34 families. Upon completion, this multi-phase development will provide over 400 affordable rentals and for-sale residences, retail to support the neighborhood, and community and recreation facilities consistent with the City’s plan for the area.
Two Defendants Indicted for Home Equity Loan Fraud
SACRAMENTO, CA - January 30, 2012 - (RealEstateRama) -- United States Attorney Benjamin B. Wagner announced that a federal grand jury returned an indictment yesterday charging two defendants with mail fraud and money laundering in connection with a mortgage fraud scheme that resulted in losses of at least $180,000 to lenders. Charged are Andrey Kim, 28, of Sacramento; and Sultanmurod Rashidov, 29, of Brooklyn, N.Y. Kim was indicted for another mortgage fraud scam last month. He is scheduled to appear on the new charges on January 31, 2012, before Magistrate Judge Carolyn K. Delaney. Rashidov is believed to be out of the country.
Lee & Associates Transacts $4.8 Million Sale of Retail Office Building From Lowe’s
Torrance, CA - January 30, 2012 - (RealEstateRama) -- The Lee & Associates-LA North/Ventura team of Jay Martinez, Stephanie Skrbin and Mike Tingus executed the sale of a 38,788-square-foot mixed-use building that had been owned by Lowe’s Companies, Inc. (NYSE: LOW) in a transaction that reflects the continuing challenges of financing investment sales.
REP. MIKE THOMPSON WELCOMES PRESIDENT’S HOUSING PROPOSAL, BUT SAYS IT’S ONLY HALF OF THE...
Washington, DC - January 26, 2012 - (RealEstateRama) -- Congressman Mike Thompson (CA-1), joined by Democratic Members of the California Congressional Delegation, today welcomed the President’s proposal from the State of the Union to provide responsible homeowners with the opportunity to refinance at historically low rates, but said this is only half of the equation
Coldwell Banker’s Brian Westre Named Realtor® of the Year for 2011
Torrance, CA - January 26, 2012 - (RealEstateRama) -- Coldwell Banker Residential Brokerage’s Brian Westre has been named REALTOR® of the Year for 2011 by the San Diego Association of REALTORS® (SDAR). A San Diego resident since the age of eight, Westre has an in-depth knowledge of the San Diego real estate market and has continuously been a top producer at the Coldwell Banker Rancho Bernardo office for several years.
Lee & Associates Secures Large Industrial Leasing Assignment
Torrance, CA - January 26, 2012 - (RealEstateRama) -- Lee & Associates, in a combined effort by two of the firm’s Southern California offices, has won its bid to secure the leasing assignment to the industrial portfolio of Watt Properties, a division of Watt Companies. The 12 buildings and four industrial properties sit on a total of 580,436 square feet and are located in the cities of Long Beach, Torrance, Carson and Northridge.
Industry Speaks™ Names “Chief Matchmaker”
Torrance, CA - January 26, 2012 - (RealEstateRama) -- Industry Speaks™, the web-based application that allows architecture, engineering and construction/construction management firms to search nationally for technical and administrative consultants who specialize in similar industries, has selected Green Owl Studio and its principal Catherine Minervini to serve as consulting advisor for its communications and social media program.
JUDICIARY COMMITTEE PASSES REP. WATERS’ LEGISLATION TO PROTECT PRIVATE PROPERTY OWNERS FROM EMINENT DOMAIN...
Washington, DC - January 25, 2012 - (RealEstateRama) -- Yesterday, the House Judiciary Committee approved H.R. 1433, “The Private Property Rights Protection Act of 2011.” Introduced by Congressman James Sensenbrenner (R-WI) and Congresswoman Maxine Waters (D-CA), the legislation is intended to protect private property owners and communities from eminent domain abuse, and restore property rights that the Supreme Court changed in the controversial case, Kelo v. City of New London. In Kelo, the Court upheld the ability of the State and Federal government to transfer privately-owned property against the wishes of the owner to a large corporation, declaring that the resulting economic development would produce benefits to the community
California pending home sales lower in December; distressed sales rise as lenders push through...
LOS ANGELES, CA - January 25, 2012 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) Pending Home Sales Index dropped as expected between November and December, tracking the annual seasonal slowdown. However, the index was higher than a year ago for the eighth straight month, a trend that bodes well for the start of the spring home-buying season. C.A.R. also reported that sales of distressed properties increased in December, as lenders pushed to close REOs and short sales to move them off their balance sheets before the end of the year.