Archives
Congresswoman Waters on Future Role of FHA, RHS and GNMA
Washington, DC - May 26, 2011 - (RealEstateRama) -- Congresswoman Maxine Waters (D-Calif.), a senior member of the Financial Services Committee and a leading champion for homeowners, delivered the following remarks today during a Subcommittee on Housing, Insurance, and Community Opportunity Hearing on “Legislative Proposals to Determine the Future Role of FHA, RHS and GNMA in the Single-and Multi-Family Mortgage Markets.”
California Housing Affordability Increases in First Quarter, CBIA Announces
SACRAMENTO, CA - May 26, 2011 - (RealEstateRama) -- Overall housing affordability in California continued to increase in the first quarter of 2011, but half of the state’s 28 metropolitan areas included in the report showed decreases, the California Building Industry Association announced today.
Second Los Angeles City Building Inspector Pleads Guilty to Federal Bribery Charge for Taking...
LOS ANGELES, CA - May 24, 2011 - (RealEstateRama) -- A second man who was employed as an inspector with the City of Los Angeles Department of Building and Safety pleaded guilty this afternoon to federal bribery charges for taking thousands of dollars in bribes to approve work done at residential construction sites in South Los Angeles, even though the work had not been inspected.
REAL ESTATE MORTGAGE NETWORK, INC. CONTINUES CALIFORNIA EXPANSION WITH NEW RIVERSIDE OFFICE
RIVERSIDE, CA - May 24, 2011 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), a national mortgage lender based in River Edge, N.J., continues to grow its retail presence in California with the addition of a new branch in Riverside. Coming on the heels of the company’s recent addition in San Diego, this new office will better help REMN service the Inland Empire’s future and existing home owners, real estate professionals, as well as residential builders.
The Courtyards in Long Beach Offers Innovative Permanent Supportive Housing Solution for Diverse Communities
Long Beach, CA - May 23, 2011 - (RealEstateRama) -- The Long Beach Housing Development Company (LBHDC) and Clifford Beers Housing, Inc. celebrated the grand opening of an innovative permanent supportive housing development for low-income households including homeless individuals living with mental illness. The Courtyards in Long Beach is a showcase for scattered-site development, comprised of four, single-story courtyard-style apartment buildings, rehabilitated to improve their respective neighborhoods and to provide housing solutions for diverse communities. The celebration was Thursday afternoon
Colliers International Completes the Sale of Eight Multi-Family Units for $2.5 Million in San...
San Clemente, CA - May 20, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, has completed the sale of an eight multi-family units located at 1006-1008 Buena Vista St., San Clemente, Calif. The transaction is valued at $2.5 million.
HUD Charges Las Vegas-area Homeowners Association, Property Management Company With Discriminating Against Families With...
WASHINGTON, DC - May 20, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced that it has charged a Las Vegas, Nevada, homeowners association and its management company with discriminating against families with children by restricting its housing to persons who are 55 and older. Specifically, HUD's charge alleges that Lakeside Village Homeowners Association and Castle Management & Consulting, LLC, did not take the proper steps required to make the community's age restriction legal.
Colliers International Completes the Sale of 78,021-Square-Feet Industrial Property for $3.9 Million in Chino,...
Chino, CA - May 17, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, has completed the sale of a 78,021-square-feet industrial building located at 5740 Schaefer Ave., Chino, Calif. to a Massachusetts-based aerosol cans manufacturing and distribution company, Shield Packaging of California. The transaction is valued at $3.9 million.
Aaron Hodgdon Named CoStar Power Broker for Retail
INLAND EMPIRE, CA - May 16, 2011 - (RealEstateRama) -- Aaron Hodgdon, president of Hodgdon Group Realty, has been named a CoStar Group’s (NASDAQ: CSGP) Power Broker for 2010 in the retail leasing category. This is Hodgdon's second consecutive year as a Power Broker in the retail leasing category. His firm, Hodgdon Group Realty, also made the 2010 Power Broker list for Top Leasing Firms
Los Angeles Visionaries Honored At L.A. Headquarters Association’s 50th Annual Awards Luncheon
Torrance, CA - May 16, 2011 - (RealEstateRama) -- Over the years, Los Angeles notables such as Gene Autry, Mayor Tom Bradley, Jeffrey Katzenberg, Pete Carroll, Councilwoman Jan Perry and Frank Gehry, have been honored by the Los Angeles Headquarters Association (LAHQ) for shaping the city’s economic success and quality of life.
KTGY-designed Workforce Housing Breaks Ground in Riverside County
IRVINE, CA - May 11, 2011 - (RealEstateRama) -- Award-winning KTGY Group, Inc., Architecture and Planning, is pleased to announce that construction has commenced on Pottery Court Apartment Homes in Lake Elsinore, Calif., a new high-quality, pedestrian-oriented apartment community, located just two blocks from Lake Elsinore’s historic downtown Main Street. Developed by BRIDGE Housing Corporation, a leading nonprofit developer of affordable homes in California, and designed by KTGY, the new residential community offers 113 thoughtfully-planned dwellings ranging in size from one- to three-bedroom units for working families earning between 30 and 50 percent of the area median income. The new 4.4-acre development will cost about $26 million, with the city's Redevelopment Agency contributing about $9.7 million. Pottery Court is expected to be completed by April 2012
HGA Wins Architectural Design Award for Arts Village at Chaffey College
Los Angeles, CA - May 11, 2011 - (RealEstateRama) -- HGA Architects and Engineers (HGA) has won a 2011 AIA Inland California Chapter Honorable Mention for the School of Visual, Performing and Communication Arts at Chaffey College in Rancho Cucamonga, California. The project won in the Institutional/Educational/Civic category.
HGA Wins 2011 SCUP Award for Visual and Performing Arts Village at Cabrillo College
Aptos, CA - May 3, 2011 - (RealEstateRama) -- HGA Architects and Engineers has won a 2011 SCUP Excellence in Planning Merit Award for the Visual and Performing Arts Village at Cabrillo College in Aptos, California. The Art Village won in the District or Campus Component category.
Housing counselor foreclosure survey demonstrates the necessity of SB729, End of “dual track”, State...
San Francisco, CA - April 27, 2011 - (RealEstateRama) -- Tomorrow, the California State Senate Banking & Financial Institutions Committee will vote on SB729, the California Homeowner Protection Act. Introduced by Senator Mark Leno and Senator Darrell Steinberg, SB729 would require loan servicers to give struggling borrowers who apply for a loan modification a yes or no answer before starting the formal foreclosure process.
California New-Home Construction Rebounds in March, CBIA Announces
SACRAMENTO, CA - April 26, 2011 - (RealEstateRama) -- Total housing starts in California, as measured by the number of building permits issued, climbed 9 percent in March on the strength of the multifamily sector, the California Building Industry Association announced today.
The Muller Company Expands Management Portfolio to 608,000 SF in San Diego and Adds...
LAGUNA HILLS, CA - April 25, 2011 - (RealEstateRama) -- The Muller Company, a full service real estate company specializing in management, investment and development of commercial real estate in the western United States, announced today that the firm now owns and/or manages nearly 608,000 square feet of office, retail and medical space in San Diego County, Calif. With the growth of its portfolio, The Muller Company has added two property managers, Maya Hausmann, CPM® as property manager and Christina Kitchen as assistant property manager.
Colliers International Completes $3.5 Million Industrial Property Sale in Rancho Dominguez, Calif.
Rancho Dominguez, CA - April 121, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, completed the sale of a 27,052-square-foot industrial building located at 18618 S. Ferris Place, Rancho Dominguez, Calif. to a Inglewood-based importer, ILS Inc. The transaction is valued at $3.5 million.
The Long Beach Housing Development Company and Councilmember Garcia Celebrate Demolition of Check Cashing...
April 6, 2011 - (RealEstateRama) -- The Long Beach Housing Development Company (LBHDC) and Councilmember Robert Garcia, 1st District, today demolished a check cashing facility that had long been a public nuisance for area residents and businesses
Colliers International Negotiates a Three-Year Lease for 113,500-Square-Foot Industrial Building in Pacoima, Calif.
Pacoima, CA - April 4, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, recently negotiated the lease of a 113,500-square-foot industrial building located at 12224 Montague St., Pacoima, Calif. for Natural Balance Pet Foods, Inc., a California-based pet food company. The three-year lease is valued at approximately $1.7 million.
Colliers International Negotiates Five-Year Lease for a 155,992-Square-Foot Industrial Building Valued at $3.1 million...
City of Industry, CA - March 31, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, recently negotiated a five-year lease for a 155,992-square-foot industrial building located at 14255-14317 Lomitas Ave, City of Industry, Calif. The transaction is valued at $3.1 million.


