Yearly Archives: 2013

LOS ANGELES, CA - January 24, 2013 - (RealEstateRama) -- Seasonal factors, combined with low housing inventory, particularly a lack of real estate-owned homes (REOs), drove California pending home sales lower in December, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today. However, the share of distressed properties increased in December, as lenders pushed to close short sales and move them off their balance sheets.

YUCCA VALLEY, CA - January 23, 2013 - (RealEstateRama) -- Theodore Zwicker and Patti Hawley, both with the West L.A. office, represented the Seller, GL Yucca Valley, LLC, in the sale of an 18,046 sq. ft. Rite Aid retail property located at 57701 Twenty Nine Palms Highway in Yucca Valley to the Buyer, Timothy Hopkins. The outside brokerage was Marcus & Millichap and the value of the sales transaction was approximately $5.7 Mil

SACRAMENTO, CA - January 23, 2012 - (RealEstateRama) -- After a 10-day trial, a federal jury found Hoda Samuel, 60, of Elk Grove, guilty of a conspiracy to commit mortgage fraud and of 30 individual counts of mail fraud.

EUGENE, OR - January 23, 2012 - (RealEstateRama) -- Today, IDX, Inc. is pleased to announce IDX Broker has been integrated onto the website of yet another real estate professional. This time Temecula, California Realtor Hank Greer has adopted a customizable IDX solution, synchronizing his website to the California Real Estate Technology Services (CARETS). IDX Broker software extracts raw listing data and seamlessly integrates it onto the search page Greer hosts, creating a thorough and dynamic online property database for his clients and other Temecula area home seekers

Torrance, CA - January 22, 2012 - (RealEstateRama) -- Nadel Architects has completed a façade re-design for Moorpark Town Center, an existing, 140,000-square-foot shopping center in Moorpark, Calif. The renovation adds articulation and enhancement to the exterior façade of the 1985-built center, resulting in a more appealing destination for local shoppers. Owned by Sunbelt Enterprises LLC., construction is scheduled to begin in late winter or early spring of 2013.

Torrance, CA - January 22, 2012 - (RealEstateRama) -- Matt G. Schroeder has joined the national real estate law firm Pircher, Nichols & Meeks as an associate in the Los Angeles office. He is an addition to the firm’s real estate group.

Torrance, CA - January 21, 2012 - (RealEstateRama) -- Westside Estate Agency (www.weahomes.com) has listed the Santa Monica home of mixed media artist Miriam Wosk, who passed away in 2010, for $12.5 million. Wosk’s work will also be the subject of a Jan. 19- April 20 exhibit at the Santa Monica Museum of Art

January 18, 2012 - (RealEstateRama) -- The City of Long Beach Department of Health and Human Services (Health Department) conducts the count, which is required by the U.S. Department of Housing and Urban Development (HUD). This count defines the scope of homelessness, both in the community and across the nation, and helps to determine existing resources, identify gaps, and highlight progress toward ending homelessness.

Torrance, CA - January 18, 2012 - (RealEstateRama) -- Keller has joined the national real estate law firm Pircher, Nichols & Meeks. An associate in the Los Angeles office, he is an addition to the firm’s real estate group.

Torrace, CA - January 18, 2012 - (RealEstateRama) -- Engineering and Science Inc. (Partner), a national environmental and engineering consulting firm and one of the country’s fastest-growing companies, has hired industry veteran Cody Taylor as principal and national client manager. Taylor will be based in one of the firm’s new offices located in Fresno, Calif

January 17, 2012 - (RealEstateRama) -- Today, in response to the Consumer Financial Protection Bureau’s (CFPB) release of National Mortgage Servicing rules, the California Reinvestment Coalition’s Associate Director Kevin Stein released this statement

TORRANCE, CA - January 17, 2012 - (RealEstateRama) -- Colliers International, Greater Los Angeles has hired one of Southern California’s most prolific retail investment teams. Kyle Matthews, a former Director of Marcus & Millichap’s National Retail Group, has joined Colliers International as Senior Vice President.

January 17, 2012 - (RealEstateRama) -- Earlier this week, Raul Bocanegra (R-Pacoima) introduced a measure that will save CBIA's members millions of dollars and ensure projects critical to the state's housing and economic recovery move forward.

WASHINGTON, DC - January 16, 2012 - (RealEstateRama) -- A federal grand jury in Nevada today returned an indictment against 11 individuals for their alleged roles in a scheme to fraudulently take control of homeowners’ associations in the Las Vegas area. The indictment was announced by Assistant Attorney General Lanny A. Breuer of the Justice Department’s Criminal Division, Acting FBI Special Agent in Charge William C. Woerner of the Las Vegas Field Office, Sheriff Douglas C. Gillespie of the Las Vegas Metropolitan Police Department and Richard Weber, Chief of IRS-Criminal Investigation (IRS-CI)

NATIONWIDE - January 16, 2012 - (RealEstateRama) -- Bennard Gillison, Senior Vice President with NAI Capital’s Corporate Headquarters in Encino, CA, has been retained as the exclusive broker for Primero Management Incorporated. Primero Management is a National owner and operator of Class A and B type shopping centers. This exclusive agreement adds over 1 million square feet of leasable space to the portfolio of retail shopping centers represented by NAI Capital and NAI Global

Oakland, CA - January 14, 2012 - (RealEstateRama) -- Redgwick Construction has purchased a +-10,000SF industrial building at 21 Hegenberger Court Oakland CA. The building had +-2500SF office area, 16ft clear height, outside storage and drive in loading. The Seller (Wells Fargo Bank) was represented by Craig Hagglund and Brian Barden of Lee & Associates Oakland Office, and the Buyer was represented by Brian Barden and Neil Cowperthwaite of Lee & Associates Oakland Office

EUGENE, OR - January 14, 2012 - (RealEstateRama) -- IDX, Inc. and Frank Valente have teamed up to bring thousands of Auburn, California real estate listings to the fingertips of online property seekers. IDX Broker software extracts raw listing data directly from the MetroList - Sacramento (Metrolist) databases and seamlessly integrates listings online, creating a thorough and comprehensive group of properties for each potential buyer to search through. IDX Broker software is forever changing the way home seekers find properties online, one website at a time, and the latest one is that of Valent

TORRANCE, CA - January 14, 2012 - (RealEstateRama) -- Peter J. Lund and Scott Crane with NAI Capital’s West L.A. office represented the Seller, Hawthorne Promenade LLC, a subsidiary of Torrance based Arenda Capital Management, LLC in the sale of a 7,440 Sq. Ft. retail property located at 20016 Hawthorne Boulevard in Torrance to the Buyer, Ron B. Tucker. The value of the sales transaction was $5 Mil.

January 11, 2012 - (RealEstateRama) --Today Mayor Edwin M. Lee and Supervisor Malia Cohen celebrated the completion of Phase One of the HOPE SF Hunters View public housing project, the first of five public housing sites slated to be redeveloped as part of the City’s HOPE SF initiative, and welcomed 25 San Francisco families (14 former Hunters View public housing families and 11 new families) to their new homes in one of the most ambitious, nationally-recognized public housing revitalization initiatives

SANTA ANA, CA - January 11, 2012 - (RealEstateRama) -- Federal authorities have arrested five people allegedly involved in a “builder bailout” real estate scheme that fraudulently purchased more than 100 condominium units around the country with mortgages that mostly went into default, resulting in foreclosures and millions of dollars in losses