Yearly Archives: 2016

California home sales downshifted in August as low housing affordability and a tight supply of homes for sale cut into demand, especially in high cost areas of the San Francisco Bay region, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

Following last year’s tragic balcony collapse in Berkeley, Governor Edmund G. Brown Jr. today signed legislation – SB 465 by Senators Loni Hancock (D-Berkeley) and Jerry Hill (D-San Mateo) – to help increase transparency and bolster oversight of construction contractors.

*78 New Felony Charges Filed SANTA ANA, Calif. – A man was arraigned today on additional charges including money laundering and defrauding over $2.2 million...

Senator Dianne Feinstein (D-Calif.) today issued the following statement after the Department of the Interior and the state of California announced the first phase of the Desert Renewable Energy Conservation Plan for federal land in the California desert

The Bureau of Land Management (BLM) finalized the first phase of theDesert Renewable Energy Conservation Plan (DRECP) on public lands, a conservation strategy developed by the state of California, the federal government and conservation stakeholders, including Defenders of Wildlife. The plan identifies smart from the start areas for renewable energy development that avoids or minimizes adverse effects on wildlife.

Congressman Ted W. Lieu (D | Los Angeles County) announced that seven organizations serving Los Angeles City and County received more than $13 million in grants from the Department of Veterans Affairs to fund programs to help end veteran homelessness. The grants will fund support programs for veterans facing homelessness in Los Angeles City and County through the following organizations: New Directions, Inc., Mental Health America of Los Angeles, 1736 Family Crisis Center, People Assisting the Homeless (PATH), Salvation Army – a California Corporation, United Veterans Initiative and Volunteers of America of Los Angeles, Inc.

She has expertise in planning, designing, implementing and evaluating all aspects of the human resources function, including strategic planning, systems and training to support organizational goals. Previously, Ms. Robinson was Director of HR for Bracket Global, a leading clinical trial technology and specialty services provider with more than 500 employees worldwide. Earlier, she was head of human resources for S.F.

Mayor Edwin M. Lee joined the Mission Child Care Consortium (MCCC) to announce the purchase of their building in the Excelsior neighborhood which they have occupied as renters for nearly 30 years. Mission Child Care Consortium provides subsidized and bilingual early care and education for more than 200 neighborhood children

Ten Eastern California real estate investors were sentenced yesterday for their participation in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Eastern California, the Department of Justice announced.

Rep. Lois Capps (CA-24) delivered opening remarks at the first convening of the bipartisan, bicameral Conference Committee designated to reconcile the Senate and House versions of S. 2012, the North American Energy Security and Infrastructure Act of 2016. It is the country’s first attempt to pass a comprehensive energy bill in nine years.

Co-developers Mission Housing Development Corporation and BRIDGE Housing will submit a conditional use authorization application for 1950 Mission Street to the San Francisco Planning Commission. The application, which requires no zoning changes, includes design concepts that continue to be fine-tuned through an extensive community engagement process.

U.S. Reps. Mike Thompson (CA-05) and John Garamendi (CA-03) today announced that low-interest Small Business Administration (SBA) loans have been made available to business owners and homeowners impacted by the Clayton Fire. While there are no official estimates as to how many businesses and homeowners are eligible to receive these loans, we do know that the owners of the 189 homes and 8 commercial structures that were destroyed may be eligible to receive these loans should they choose to apply and meet SBA criteria. In some situations, renters may also be eligible to receive loans for personal property damages

Tulare County has been hit hard by California’s five-year drought and is often called drought’s “ground zero.” With no end in sight, the imperative for water conservation continues in the county and throughout California. The Department of Water Resource (DWR) will have an exhibit at the Tulare County Fair to help attendees learn how they can conserve water in the home.

Dekel Capital, a Los Angeles-based real estate merchant bank that specializes in sourcing and placing equity and debt for active middle market and large-scale commercial real estate developers and investors, has arranged a $13 million non-recourse bridge loan on a 14-level, Class-A parking structure in Downtown Los Angeles

Deirdre M. Daly, United States Attorney for the District of Connecticut, announced that MEHDI MOAREFIAN, also known as “Michael Miller,” 37, of Irvine, California, was sentenced today by U.S. District Judge Stefan R. Underhill in Bridgeport to 52 months of imprisonment, followed by three years of supervised release, for participating in an extensive mortgage loan modification scheme.  MOAREFIAN also was ordered to pay restitution in the amount of $2,390,496.59.