July sales and price report
LOS ANGELES, CA - August 15, 2011 - (RealEstateRama) -- California home sales fell in July but were up from the previous year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.
Charles Dunn Company Completes $7.95 Million Sale of a Single Tenant Retail Property Occupied...
LOS ANGELES, CA - August 12, 2011 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed the $7.95 million sale of a single tenant NNN-leased property occupied by CVS Pharmacy. The building totals 12,900 square feet and is located at 14426 Palmdale Road in Victorville, Calif.
C.A.R. Q2 Housing Affodability Index
LOS ANGELES, CA - August 11, 2011 - (RealEstateRama) -- Housing affordability fell throughout most areas of the state in the second quarter of 2011, primarily due to a seasonal increase in home prices, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.
Aubrey Bowman of Keystone Pacific Property Management Earns CCAM Designation
Torrance, CA - August 11, 2011 - (RealEstateRama) -- Aubrey Bowman of Keystone Pacific Property Management, a California-based community association management company, has earned the Certified Community Association Manager (CCAM®) designation through the California Association of Community Managers
Charles Dunn Company Completes $4.22 Million Sale of an 18-Unit
LOS ANGELES, CA - August 10, 2011 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed the $4.22 million sale of an 18-unit multifamily property that was built in 2002 and is located at 821 Wilcox Ave. in Los Angeles.
Capps Announces Over $3 Million In Federal Funding For Affordable Housing in San Luis...
San Luis Obispo, CA - August 9, 2011 - (RealEstateRama) -- Today Congresswoman Lois Capps (CA-23) announced that the San Luis Obispo County Housing Authority has been awarded three grants from the U.S. Department of Housing and Urban Development to ensure the availability of affordable housing, including a $1.9 million Community Development Block Grant (CDBG), $1.2 million HOME grant, and nearly $92,000 Emergency Shelter Grant.
Lee & Associates West L.A. Transacts Sale of Google Building
Torrance, CA - August 8, 2011 - (RealEstateRama) -- The West Los Angeles office of Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, represented both the buyer and seller of the Google building, an iconic, 45,000-square-foot structure in Santa Monica, Calif., currently occupied by the Internet search engine giant. The terms of the acquisition were not disclosed.
C.A.R. lender satisfaction survey finds short-sale process still broken; lenders make no material improvement
LOS ANGELES, CA - August 5, 2011 - (RealEstateRama) -- More REALTORS® characterized closing short-sale transactions as “difficult” or “extremely difficult” than late last year, indicating that lenders’ and servicers’ short-sale procedures have shown little improvement in the past six months, according to the latest Lender Satisfaction Survey conducted by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.).
Present Value Properties Adds Two in Company Expansion
TUSTIN, CA - August 2, 2011 - (RealEstateRama) -- Gregory A. Fisher of Present Value Properties, Inc., a full service retail real estate brokerage, and consulting firm headquartered in Tustin, Calif., announces the hiring of Britt Nelson and Ryan Gast to assist in the firm's expansion. Nelson, who joins the company as a vice president, will be involved in building Present Value Properties into a multi-state real estate brokerage and consultancy. Gast will be an associate broker responsible for managing and sourcing new retailer and landlord representation assignments. Present Value Properties exclusively represents a variety of chain retailers throughout Southern California including Gold Max, Menchie’s Frozen Yogurt, Southern Pizza Hut, and Payless ShoeSource. The firm currently has 650,000 square feet of retail space listed throughout Southern California
Rep Honda Introduces “Smart Electronics” Bill & “NANO” Bill
WASHINGTON DC - August 2, 2011 - (RealEstateRama) -- Today, Rep Michael Honda (CA-15), representative of Silicon Valley and member of the House Sustainable Energy and Environment Coalition, is reintroducing the Smart Electronics Act, to address the greenhouse gas impacts and energy costs of proliferation of electronic devices throughout the world, and the Nanotechnology Advancement and New Opportunities (NANO) Act.
COMMUNITY ASSOCIATION MANAGEMENT AWARDS PRESENTED TO “BEST OF THE BEST” IN CALIFORNIA
ANAHEIM, CA - August 1, 2011 - (RealEstateRama) -- Vision Awards for outstanding service in the world of community association management were presented to 15 California professionals last night. Presented by the California Association of Community Managers (www.cacm.org) at the association’s annual statewide Expo and Conference at the Disneyland Hotel and Convention Center in Anaheim, Calif., the awards were given to professionals from around the state for their outstanding expertise in homeowners association management. California is home to nearly 49,000 homeowners associations.
Mountain Real Estate Capital Acquires 59 Lots in Riverwalk Vista Masterplan
Torrance, CA - August 1, 2011 - (RealEstateRama) -- Mountain Real Estate Capital (MREC) announces the acquisition of Village III within the Riverwalk Vista master plan in Riverside, Calif. MREC acquired the asset directly from Bank of the West and will be retaining Artisan Communities to complete the remaining development work and ultimately build out the project. The transaction closed June 28; its value could not be disclosed.
PROPERTY ASSESSMENT ROLL INCREASES AFTER TWO YEARS OF DECLINE
Los Angeles, CA - July 29, 2011 - (RealEstateRama) -- Los Angeles County Assessor John R. Noguez today announced the 2011 Assessment Roll reflecting a 1.49 percent increase in value, ending two years of decline and producing a property roll of more than a trillion dollars for Los Angeles County. The $1,105,742,244,670 gross total property roll is $16.2 billion greater than last year.
Modesto Man Indicted for Mortgage Fraud Scheme
FRESNO, CA - July 29, 2011 - (RealEstateRama) -- United States Attorney Benjamin B. Wagner announced that a federal grand jury returned a two-count indictment today charging Tony Huy Havens, 37, of Modesto, with conspiracy to commit mail fraud and mail fraud in a mortgage fraud scheme.
Matthew La Madrid Sentenced for His Role Masterminding $30 Million Ponzi Scheme and Mortgage...
July 29, 2011 - (RealEstateRama) -- United States Attorney Laura E. Duffy announced that Matthew “Beau” La Madrid was sentenced today by U.S. District Court Judge William Q. Hayes to serve a lengthy federal prison term in connection with his operation of the Plus Money Premium Return Funds (“PRF”) and related real estate investment and mortgage fraud schemes. The defendant entered his guilty plea on January 3, 2011.
Lee & Associates Welcomes Three Associates to Newport Beach Office
Torrance, CA - July 29, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, welcomes three commercial real estate experts to the Newport Beach office. With more than 15 years of combined experience, Judd Hietbrink, Wyatt Prichard and Justin Wegnes specialize in industrial and office brokerage.
Lee & Associates Transacts 15,510 Square Foot Office Lease in Oxnard, CA
OXNARD, CA - July 29, 2011 - (RealEstateRama) -- Lee & Associates-LA North/Ventura, Inc. Principals John Ochoa, SIOR, and Grant Harris and Vice President David Kim transacted a 15,510-square-foot office lease that will bring the first Laurus College campus to Ventura County.
Major National Landscaping Firm Enters L.A. Market With Acquisition of Dworsky Cos.
Los Angeles, CA - July 28, 2011 - (RealEstateRama) -- Marking its entrance into the Los Angeles market, national landscape services provider The Brickman Group has acquired Dworsky Cos., one of L.A.’s leading commercial landscape services firms. The acquisition of Dworsky, a family-owned company founded in 2002, gives Brickman a stronger foothold in the Southern California market — with more than 1,000 employees — as it builds upon its nationwide expansion. Dworsky is headed by Founder Dave Dworsky, who in his 20 years in the industry has stamped an expansive mark servicing the Greater Los Angeles area. The terms of the acquisition were not disclosed.
HGA to Design New West Valley Campus for College of the Desert
Los Angeles, CA - July 28, 2011 - (RealEstateRama) -- HGA Architects and Engineers (HGA) has been awarded the architectural contract for the College of the Desert’s new Palm Springs West Valley Campus, which sets new benchmarks for integrating sustainable design and high-performance building technologies into the academic curriculum. HGA is directing master planning, programming, design and sustainability of the multi-phase campus.
Keystone Pacific Property Management Announces Irvine New Hire
Torrance, CA - July 27, 2011 - (RealEstateRama) -- Keystone Pacific Property Management, a California-based community association management company, welcomes Kara Gonzalez as its newest community association manager. Gonzalez joins the firm with 15 years of management experience.


