Yearly Archives: 2013

EUGENE, ORE. - September 16, 2013 - (RealEstateRama) -- Real estate agent Brody Loring and IDX, Inc. have supplied Santa Barbara, California potential buyers with a concise and complete online solution for finding the perfect home. Loring now hosts a customizable IDX solution on his website, instantly synchronizing his search page with thousands of Santa Barbara MLS (SBAOR) listings. Home seekers utilizing his website, can experience a dynamic online property search from the convenience of the IDX search page Loring have upgraded to. With all of the benefits for real estate professionals and potential buyers, it is no wonder Loring has chosen to adopt such a revolutionary technology.

Los Angeles - September 16, 2013 - (RealEstateRama) -- Freddie Mac (OTCQB: FMCC), Neighborhood Housing Services of Los Angeles County (NHS) and a coalition of local non-profits, lenders and housing partners are joining forces to launch Take Root Los Angeles, a new campaign to stabilize Los Angeles County neighborhoods by connecting Los Angeles County residents to foreclosure prevention assistance and homeownership opportunities.

La Jolla, CA. - September 16, 2013 - (RealEstateRama) -- Home sales in the Bay Area leveled off last month as prices underwent a modest and seasonal late-summer dip. While there are still imbalances in the sales mix and purchase patterns, indications are that the market continues to normalize incrementally, a real estate information service reported.

LOS ANGELES, CA - September 12, 2013 - (RealEstateRama) -- Passco Companies, LLC., a privately held Calif.-based real estate company that specializes in the investment, acquisition, development and management of commercial properties throughout the U.S., has announced the repositioning of The Promenade at Howard Hughes Center into a comprehensive entertainment destination, according to Howard Wong, Director of Leasing at Passco Companies.

Torrance, CA - September 12, 2013 - (RealEstateRama) -- Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, negotiated an industrial lease renewal at 16801 S. Exchange Ave. The transaction value was not disclosed.

Torrance, CA - September 11, 2013 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker-owned commercial real estate services firm, brokered the $9.2 million sale of a 138,595-square-foot industrial building. Jamie Harrison, Lee & Associates Investment Services Group, represented both sides in the transaction.

Torrance, CA - September 10, 2013 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a sales transaction for a 112,341-square-foot industrial building located at 333 Palmyrita Avenue.

Torrance, CA - September 9, 2013 - (RealEstateRama) -- Mountain Real Estate Capital (MREC) announces the closing of a new investment platform with Lansdowne Development Group. The new joint venture intends to acquire and develop $50-100 million of residential land in the Virginia and Washington D.C. metropolitan areas.

WASHINGTON, D.C. - September 5, 2013 - (RealEstateRama) -- A Northern California real estate investor has agreed to plead guilty for his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California, the Department of Justice announced.

IRVINE, CA - September 5, 2013 - (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 the company negotiated the sale of more than 122,000 square feet of retail space in Riverside, Calif., totaling more than $20 million, with the sale of Michaels Plaza and Stater Bros. Plaza.

LOS ANGELES, CA - September 4, 2013 - (RealEstateRama) -- Thanks to partisan political gamesmanship by the Assembly Appropriations Committee, struggling homeowners who sold their homes in a short sale in the past eight months will be further penalized by being forced to pay state income taxes on money they never received, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

LOS ANGELES - September 4, 2013 - (RealEstateRama) -- It is with heartfelt sorrow that the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) announces the unexpected death of 2012 C.A.R. Past President LeFrancis Arnold yesterday in Los Angeles.

Torrance, CA - September 4, 2013 - (RealEstateRama) -- The San Diego-North office of Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, has named Al Apuzzo, Marko Dragovic and Isaac Little as its newest company shareholders.

Torrance, CA - September 4, 2013 - (RealEstateRama) -- International real estate investment and services firm Kennedy Wilson today announced the sale of the Broadway Hollywood for an undisclosed price. The prime ground floor commercial condominium, located on the internationally recognized hard-corner of Hollywood Boulevard and Vine Street in Hollywood, was purchased by San Diego-based HP Investors, LLC.

Torrance, CA - September 4, 2013 - (RealEstateRama) -- Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, has been nationally ranked 20th on the 2013 list of “Top Property Managers” as reported by Commercial Property Executive.

LOS ANGELES, CA - August 29, 2013 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) is sponsoring Senate Bill 30 to provide relief to distressed homeowners attempting to sell their homes in a “short sale.” Under current state law, when a lender forgives mortgage debt in a short sale, the seller must pay state income tax on the amount of forgiven debt. The federal government does not charge federal income tax, and neither should the state. These sellers are already in financial trouble, and SB 30 is necessary to give sellers relief from an inequitable and unfair situation

EUGENE, OR - August 27, 2013 - (RealEstateRama) -- IDX, Inc. is pleased to welcome Mark Yandow, a Merced, California real estate agent, to the growing network of professionals choosing to revolutionize the online property search for both potential buyers and agents and brokers. Yandow has adopted a custom IDX solution for his website, synchronizing thousands of Central Coast Regional MLS (CCRMLS) listings to online home seekers. These detailed property pages were once only available to certain real estate professionals, and now those utilizing the search page Yandow employs can quickly scan this amazing and innovative listing database

SACRAMENTO - August 27, 2013 - (RealEstateRama) -- The California Housing Finance Agency (CalHFA) announced today a new fixed-rate mortgage program with special opportunities for low and moderate income, first-time homebuyers to receive thousands of dollars in down payment assistance.

TUOLUMNE, CA - August 27, 2013 - (RealEstateRama) -- The California Department of Insurance is currently tracking evacuations due to wildfires in the state, including the Rim Fire in Yosemite. Insurance Commissioner Dave Jones is reminding wildfire evacuees that they may be eligible for reimbursement for additional living expenses due to mandatory evacuations.

COLTON, CA - August 23, 2013 - (RealEstateRama) -- The Hodgdon Group, a full-service brokerage, development, construction and project management company, announced today that that it has completed construction of the conversion of the former Sports Authority building in Folsom, Calif., for the opening of an Ashley Furniture HomeStore on August 23, 2013. Hodgdon Group's HMC Construction, Inc. handled all entitlements and served as the design-build contractor for the major renovation of the 32,000-square-foot freestanding building located in Broadstone Plaza at 2799 East Bidwell Street in the City of Folsom.