Archives
C.A.R. commends California congressional members for introducing bill to stop bulk REO sales in...
LOS ANGELES, CA - May 21, 2012 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) applauds California Congressmen Gary Miller (R-Brea) and seven other California congressional members for introducing legislation that calls for the Federal Housing Finance Agency (FHFA) to cease its plan to sell Fannie Mae-owned foreclosed homes in California to large investors.
Colliers International Completes $2.1 Million Sale of a U.S. Post Office Property in Inglewood,...
Los Angeles, CA - May 18, 2012 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has completed the $2.1 million sale of a 12,221-square-foot U.S. Post Office facility located at 811 N. La Brea in Inglewood, Calif.
California housing affordability continues to rise in the first quarter of 2012
LOS ANGELES, CA - May 17, 2012 - (RealEstateRama) -- Housing affordability in California set a new record high in first quarter 2012 rising to 56 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today. The increase can be attributed to record-low interest rates and stabilization in home prices.
Feinstein Bill Increases Opportunity to Refinance Mortgages
Washington, DC - May 17, 2012 - (RealEstateRama) -- Senator Dianne Feinstein (D-Calif.) today introduced the Expanding Refinancing Opportunities Act of 2012, a bill to allow more homeowners the chance to refinance mortgages with insurance provided by the Federal Housing Administration (FHA). The proposal applies to mortgages not already guaranteed by federal housing authorities such as Fannie Mae, Freddie Mac and FHA.
JG CONSTRUCTION TO BUILD SPECIALTY RETAIL PROJECT IN NEWPORT BEACH
NEWPORT BEACH, CA - May 10, 2012 - (RealEstateRama) -- JG Construction, a Chino, Calif.-based commercial/retail contracting firm, has begun demolition of existing structures and site preparation under a construction contract for Newport Place, a 12,351 square-foot retail center at 4221-4225 MacArthur Blvd
Southern California Edison joins the Demand Response Partnership Program
Innovative program established by the U.S. Green Building Council and Environmental Defense Fund to drive adoption of demand response in commercial building market
Washington, DC...
U.S. Green Building Council Names Top 10 Green Building Policies in California
Sacramento, CA - April 26, 2012 - (RealEstateRama) -- The U.S. Green Building Council (USGBC), in conjunction with USGBC California, an organization representing eight California USGBC chapters, today released its inaugural Top 10 list of State and Local Green Building Policies in California. These policies were recognized for the way each has advanced green building practices in the state.
REP. MIKE THOMPSON ANNOUNCES MORE THAN $445,000 TO PROVIDE PERMANENT HOUSING AND SUPPORT TO...
Washington, DC - April 2, 2012 - (RealEstateRama) -- Congressman Mike Thompson (CA-01) today announced a $445,331 federal grant that will help provide permanent housing and support to veterans in Sonoma County. The grant, provided through the Department of Housing and Urban Development (HUD), will be awarded to the Santa Rosa VA Outpatient Clinic. The funds will be used as vouchers to provide rental assistance for homeless and disabled veterans.
C.W. Driver Builds Next Generation of Campus Teaching and Research Infrastructure
Torrance, CA - March 21, 2012 - (RealEstateRama) -- Already a leading builder of campus buildings and laboratories, C.W. Driver will make its mark on one of the world’s preeminent research institutions when it completes six simultaneous projects at the California Institute of Technology (Caltech).
The Michaels Organization, LINC Housing Celebrate Grand Opening of Lorena Heights
LOS ANGELES, CA - March 8, 2012 - (RealEstateRama) -- More than 800 people have already submitted applications to live at Lorena Heights Apartments, a new income-eligible housing community in Boyle Heights that had its official grand opening celebration today. The ribbon-cutting ceremony, hosted by The Michaels Organization and its non-profit development partner LINC Housing, was attended by Los Angeles Councilmember José Huizar (14th District) among other dignitaries, community leaders, and residents who celebrated the opening of this much-needed affordable housing in an important East Los Angeles neighborhood.
The Michaels Organization, LINC Housing Celebrate Grand Opening of Lorena Heights
LOS ANGELES, CA - March 8, 2012 - (RealEstateRama) -- More than 800 people have already submitted applications to live at Lorena Heights Apartments, a new income-eligible housing community in Boyle Heights that had its official grand opening celebration on March 7, 2010. The ribbon-cutting ceremony, hosted by The Michaels Organization and its non-profit development partner LINC Housing, was attended by Los Angeles Councilmember José Huizar (14th District) among other dignitaries, community leaders, and residents who celebrated the opening of this much-needed affordable housing in an important East Los Angeles neighborhood.
REP. MIKE THOMPSON ANNOUNCES $960,000 INFRASTRUCTURE GRANT FOR PORT OF WEST SACRAMENTO
Washington, DC - March 7, 2012 - (RealEstateRama) -- Congressman Mike Thompson (CA-1) today announced that The Port of West Sacramento has been awarded a grant of more than $960,000 from the Federal Railroad Administration (FRA) for construction of a rail loop track that will increase freight capacity and handling efficiency.
Councilman Neal, Long Beach Housing Development Company, Abode Communities Announce $25.8M Renovation of Evergreen...
February 29, 2012 - (RealEstateRama) -- Councilmember Steven Neal, 9th District, The Long Beach Housing Development Company (LBHDC) and developer/property manager Abode Communities announced $25.8 million in renovations to Evergreen Apartments, three affordable housing developments with a total of 81 units throughout the City of Long Beach.
Miller, Thompson step up fight for homeowners, pressure federal regulator to stop blocking principal...
Washington, DC - February 28, 2012 - (RealEstateRama) -- Amid the continuing national foreclosure crisis that has impacted millions of Americans, a unilateral decision by Federal Housing Finance Agency (FHFA) to block all forms of principal write-down for loans backed by Fannie Mae and Freddie Mac has prevented the housing market from recovering more quickly, said U.S. Reps. George Miller (D-Martinez) and Mike Thompson (D-St. Helena), who today ramped up pressure on the FHFA to reverse the decision that has stymied a more buoyant housing recovery.
California Housing Starts Dip Across the Board in January, CBIA Announces
SACRAMENTO, CA - February 23, 2012 - (RealEstateRama) -- The state’s homebuilders pulled permits for fewer new single-family and multifamily homes in January when compared to the previous month and when compared to January 2011, the California Building Industry Association announced today.
KTGY-designed Luxury Condos Earn National Recognition
IRVINE, CA - February 20, 2012 - (RealEstateRama) -- KTGY Group, Inc., Architecture + Planning, is pleased to announce its latest achievements in home design excellence. Primera Terra community has been honored by the National Association of Home Builders (NAHB) with a 2012 Best in American Living Award (BALA) Platinum award in the category of Neighborhood Design. The landmark LEED Platinum certified project, one of the largest in California, is built by KB Home (NYSE: KBH) and is comprised of 52 luxury for-sale condominium homes in Playa Vista, Calif.
State’s Housing Affordability Climbs to New Heights in Fourth Quarter, CBIA Announces
SACRAMENTO, CA - February 16, 2012 - (RealEstateRama) -- Housing affordability continued to increase in all but three of the state’s metropolitan areas included in the report and reached the highest statewide level since the California index was developed in 2007, the California Building Industry Association announced today.
San Luis Obispo Welcomes Green Affordable Housing Designed by KTGY Group
SAN LUIS OBISPO, CA - February 14, 2012 - (RealEstateRama) -- On Monday, February 13, 2012, San Luis Obispo celebrated the grand opening of The Village at Broad Street Family Apartments, a development by ROEM Corporation, in collaboration with the City of San Luis Obispo. The grand opening was held at 2:00 p.m. at 2240 Emily Street in San Luis Obispo.
KTGY-designed Foursquare Senior Living Community in Portland Wins High Honors at BALA & 50+...
IRVINE, CA - February 13, 2012 - (RealEstateRama) -- KTGY Group, Inc., Architecture + Planning, is pleased to announce its latest achievements in home design excellence. Foursquare Senior Living community in Portland, Oregon, received high honors at National Association of Home Builders (NAHB) 2012 International Builders’ Show (IBS) in Orlando, FL, at both the Best in American Living Award (BALA) and 50+ Housing Council's Best of 50+ Housing Awards ceremonies on February 9, 2012.
KTGY-designed Fusion in Sunnyvale wins NAHB Best in American Living Silver Award
OAKLAND, CA - February 13, 2012 - (RealEstateRama) -- KTGY Group, Inc., Architecture + Planning, is pleased to announce its latest achievements in home design excellence. Fusion in Sunnyvale, Calif., built by O'Brien Homes of Foster City, Calif., was honored at National Association of Home Builders (NAHB) 2012 International Builders’ Show (IBS) in Orlando, FL, at the Best in American Living Award (BALA) ceremony on February 9, 2012. Fusion, a 228-unit eco-friendly townhome community in Silicon Valley's thriving tech industry, received a Silver BALA in the category of Multifamily Housing up to 5 Stories.