SANDICOR listing data displayed with ease on IDX enabled website of real estate broker...
EUGENE, OR - July 20, 2011 - (RealEstateRama) -- IDX, Inc. and Bill Marshall had united to present San Diego, California home seekers with a unique and thorough online real estate solution. Marshall has employed IDX Broker software on his website, and by doing so, created an innovative search page that gives his clients access to thousands of San Diego Regional MLS (SANDICOR) listings. Additionally, Marshall has widened his coverage to include Arizona Regional MLS (ARMLS) listings, giving his clients a more dynamic and comprehensive real estate search page to utilize throughout their online property search.
USC Lusk Center Says More Educated, Diverse Generation to Drive Real Estate Recovery
Torrance, CA - July 20, 2011 - (RealEstateRama) -- Experts with the University of Southern California Lusk Center for Real Estate say population growth and demographic shifts – particularly the ongoing maturation of a diverse, well-educated Gen Y – will drive improvements in the real estate market over the next 10 years
Golden State Mortgage Defaults Drop to Four-Year Low
La Jolla, CA. - July 19, 2011 - (RealEstateRama) -- The number of California homes that went into foreclosure fell to a four-year low last quarter, the result of a more stable housing market as well as policy changes in the mortgage servicing industry, a real estate information service reported.
CALIFORNIA ASSOCIATION OF REALTORS® applauds Gov. Brown on signing SB 458 into law
LOS ANGELES, CA - July 19, 2011 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) applauds Gov. Jerry Brown on signing SB 458 (Corbett) into law. SB 458 extends the protections of SB 931 (2010), to ensure that any lender that agrees to a short sale must accept the agreed upon short sale payment as payment in full of the outstanding balance of all loans.
Colliers International Negotiates 10-Year Lease Renewal Valued at $7.2 Million in Carson, Calif.
Carson CA - July 19, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, has negotiated a 10-year lease renewal for a property 91,603 square foot building located at 2202 E. Del Amo Blvd., Carson, Calif. The renewal is valued at over $7 million.
Lee & Associates Leases 36,633 Square Feet in Suwanee, GA
Torrance, CA - July 19, 2011 - (RealEstateRama) -- Thomas Bryant and Richard Bryant from the Atlanta office of Lee & Associates, the nation’s largest broker-owned commercial real estate services firm, have completed a lease worth in excess of $1.1 million for an industrial property in Suwanee, Georgia. They were able to achieve this within four months of taking the assignment.
PCCP Provides Senior Loan to Finance the Acquisition of Three Bank-Owned Class A Office...
SAN FRANCISCO, CA - July 19, 2011 - (RealEstateRama) -- PCCP, LLC provided a senior participating loan to Basin Street Properties to finance the REO acquisition of Sequoia Center, a three-building Class A office property totaling 210,000 square feet. The buildings are located within the desirable Redwood Business Park, a 1.1 million square-foot master-planned business park in Petaluma, Calif. Sequoia Center was vacant at the close of escrow, however a 96,000-square-foot lease has been signed with Enphase Energy which will bring the occupancy up to 46 percent by the end of 2011. The property includes a three-story building built in 1998 located at 1400 North McDowell Blvd., a three-story building built in 2000 located at 1420 North McDowell Blvd., and a four-story building built in 1999 located at 5341 Old Redwood Hwy.
HGA-Designed Pediatric Clinic Opens at Axis Community Health Center
Pleasanton, CA - July 19, 2011 - (RealEstateRama) -- The HGA Architects and Engineers-designed Pediatric Clinic at Axis Community Health Center in Pleasanton, Calif., announces its official opening to the Tri-Valley community. By providing full architectural and structural engineering services, HGA’s expansion at the 3,000-SF center helped upgrade the pediatric clinic to a more functional facility and included two new exam rooms, a testing room, a lab, an office and a reception station.
Anthony Rueda and Associates join with IDX Broker to present innovative online property search
EUGENE, OR - July 18, 2011 - (RealEstateRama) -- IDX, Inc. is pleased to welcome the real estate expertise of Anthony Rueda & Associates of Paragon Real Estate to the growing network of realty professionals dedicated to serving the needs of their clients. Home seekers in Sacramento can now experience a dynamic online real estate search conveniently on the Paragon Real Estate. Metrolist property listings are now fully integrated onto Rueda's search pages, giving potential buyers a comprehensive database to search through. Finding a home in and around Sacramento, California has never been so easy!
KTGY-designed Mixed-use Student Housing Development Planned
IRVINE, CA - July 18, 2011 - (RealEstateRama) -- Award-winning KTGY Group, Inc., Architecture and Planning, is pleased to announce that it is providing architectural design services for a new, mixed-use, 183,000-square-foot graduate student housing project to be developed by Hanover Pacific, LLC, in downtown Pomona, Calif., adjacent to the campus of Western University of Health Sciences (WesternU), a private, non-profit graduate school for health professions.
CALIFORNIA ASSOCIATION OF COMMUNITY MANAGERS TURNS 20
LAGUNA HILLS, CA - July 18, 2011 - (RealEstateRama) -- The California Association of Community Managers (CACMSM) will celebrate its 20th anniversary at this year’s Statewide Expo & Conference at the Disneyland Hotel in Anaheim on July 28-July 29.
Mountain Real Estate Capital Acquires 67-Unit Silver Lake Property Lot
Torrance, CA - July 18, 2011 - (RealEstateRama) -- Mountain Real Estate Capital (MREC) announces the acquisition of Silver Lake in Los Angeles in a joint venture with Harridge Development Group LLC. The transaction closed July 1; its value could not be disclosed.
REAL ESTATE MORTGAGE NETWORK, INC., EXPANDS INTO PASADENA AND ADDS TAMI MURHPY AS...
PASADENA, CA - July 18, 2011 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), is continuing its retail expansion in Southern California with the opening of a new office in Pasadena. The office will be led by Los Angeles lending industry veteran Tami Murphy, who joins REMN as the company’s latest Branch Manager. Murphy will report directly to fellow industry veteran, Kevin Hoyt, who joined REMN as the company’s Western Regional Retail Manager earlier in April.
Boxer Praises $10.5 Million in Housing Assistance for Homeless Veterans in California
Washington, D.C. - July 15, 2011 - (RealEstateRama) -- U.S. Senator Barbara Boxer (D-CA) today praised U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan’s announcement that the agency has awarded more than $10.5 million in federal grants to provide housing for homeless veterans in California. Grants will be distributed as 1,125 housing assistance vouchers by local housing agencies that have partnered with VA medical centers to benefit veterans all across the state.
Ground breaking for Del Rey Senior Affordable Housing
Los Angeles, CA - July 15, 2011 - (RealEstateRama) -- The Del Rey Square Senior Housing Project is a new affordable housing community at 11976 Culver Boulevard in West Los Angeles. The project will contain 124 units (4 studios, 119 one-bedroom units and 1 two-bedroom manager’s unit) that will be targeted to households earning 60% of AMI or less. 30 of these units will be public housing units targeting senior and disabled households. The project is unique in its location on the Westside of Los Angeles, which suffers from a severe lack of affordable housing.
June California home sales, median price post increase, C.A.R. reports
LOS ANGELES, CA - July 15, 2011 - (RealEstateRama) -- California home sales edged up in June, and the median price rose to its highest level since December 2010, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.
Bay Area June Home Sales Surge, Median Price Edges Up to 2011 High
La Jolla, CA. - July 15, 2011 - (RealEstateRama) -- Bay Area home sales rose sharply last month from May to the highest level for any month since June 2010, when outgoing homebuyer tax credits gave housing demand a final boost. The median price rose slightly from May but remained below the year-ago level for the ninth consecutive month amid a sluggish move-up market and a higher share of sub-$300,000 transactions, a real estate information service reported.
Lee & Associates Irvine Completes $2.8 Million Office REO Transaction
La Habra, CA - July 14, 2011 - (RealEstateRama) -- The Irvine office of Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has closed on a $2.8 million REO sale of a 35,618-square-foot office property called La Habra Town Center I & II in La Habra, Calif.
Lee & Associates Closes $2 Million Industrial Deal
Torrance, CA - July 14, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $2 million transaction for a pair of contiguous industrial R&D units totaling 18,174 square feet at 1041 S. Placentia Avenue in Fullerton, Calif.
Capps Works to Make Flood Insurance More Affordable for Central Coast Homeowners
WASHINGTON, DC - July 13, 2011 - (RealEstateRama) -- Today, Congresswoman Lois Capps (CA-23) voted for the Flood Insurance Reform Act of 2011 (H.R. 1309), which passed the House by a vote of 406-22. The bill re-authorizes the National Flood Insurance Program for five years, and makes needed reforms to address the financial stability of the program by phasing out non-essential premium subsidies. The legislation is particularly relevant for homeowners in the Santa Maria Valley and the cities of Oxnard and Ventura. The County of Santa Barbara, the County of Ventura, and the City of Santa Maria all written letters to the Congresswoman expressing support for the legislation.


