Torrance, CA - June 22, 2011 - (RealEstateRama) -- In one of the largest Class A multifamily transactions on the West Coast this year, Denver-based Archstone has acquired a 187-unit condominium development for $80 million from McFarlane Partners of San Francisco. Jim Fisher, a principal with Lee & Associates-LA North/Ventura, Inc., and Stephen Peters, a principal with Lee & Associates-Investment Services Group, represented both the buyer and the seller in the transaction

Torrance, CA - June 22, 2011 - (RealEstateRama) -- Terry Kammes of Keystone Pacific Property Management has earned the Certified Community Association Manager (CCAM®) designation through the California Association of Community Managers

SILICON VALLEY, CA - June 21, 2011 - (RealEstateRama) -- David Bicknell along with business partner and wife, Melisa Bicknell, will have a grand opening of their new Intero Real Estate Services franchise office in Folsom, CA on June 29, 2011.

LOS ANGELES, CA - June 21, 2011 - (RealEstateRama) -- California pending home sales rose in May, posting the first year-over-year increase in 18 months, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today

LOS ANGELES, CA - June 21, 2011 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed a 10-year, 26,336 square foot office lease valued at $8 million with California Community Foundation (CCF) and U.S. Bank.

Torrance, CA - June 20, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest commercial real estate firms in the country, has hired Brian True as a senior associate at its Michigan office. An experienced commercial real estate veteran, True will bring his expertise in tenant representation to his new role at Lee & Associates Michigan. While he puts his focus on the Metro Detroit area, True's diverse background in investigative research will provide a valuable advantage to his clients in identifying and analyzing various commercial real estate opportunities

SACRAMENTO, CA - June 20, 2011 - (RealEstateRama) -- U.S. Attorney Benjamin B. Wagner announced that a grand jury returned a nine-count indictment today against Alonzo Jackson Brown III, 44, of Fairfield, charging him in connection with an investment fraud scheme and a mortgage fraud scheme.

Washington, DC - June 17, 2011 - (RealEstateRama) -- Representative John Campbell (R-CA) and Representative Peter Welch (D-VT) have introduced H.R. 2126, the Risk Retention Modernization Act to allow risk retention groups (RRGs) and risk purchasing groups (RPGs) to expand their insurance offerings to include commercial property coverage. This legislation would encourage increased competition in premiums and significantly lower the rates consumers, especially small businesses, pay in places where coverage is currently very limited and relatively unaffordable.

West Sacramento, CA - June 17, 2011 - (RealEstateRama) -- The State of California Department of Housing and Community Development (HCD) has awarded the City of West Sacramento $2,488,625 in federal Community Development Block Grant (CDBG) funding to provide public infrastructure in support of a new metals recycling facility proposed for the Port of West Sacramento.

LOS ANGELES, CA - June 16, 2011 - (RealEstateRama) -- A weak economy and tightened financing conditions contributed to a slowdown in California home sales and median price during May, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

Torrance, CA - June 16, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $3.1 million sales transaction for a 15,436-square-foot industrial building located at 2 Wrigley in Irvine, Calif.

IRVINE, CA - June 16, 2011 - (RealEstateRama) -- Award-winning KTGY Group, Inc., Architecture + Planning, is pleased to announce that KTGY Principal Manny Gonzalez, AIA, LEED AP has been invited to be a speaker in the Boral Sustainability Speaker Series at the PCBC 2011 show, Homebuilding’s Premier Tradeshow and Conference, held June 22-24, 2011, at the Moscone Center in San Francisco, Calif. Gonzalez will speak at the Boral booth #5111 on Thursday, June 23, at 11:00 a.m. Gonzalez is a frequent guest speaker and panelist at the various industry events including PCBC, NAHB and ULI

La Jolla, CA. - June 15, 2011 - (RealEstateRama) -- The Bay Area housing market in May posted modest month-to-month gains in sales and median prices, but those same measures fell sharply from year-ago levels, which had been pumped up artificially by homebuyer tax credits. Move-up buying and new-home sales were especially weak last month, while the share of sales involving distressed properties, cash buyers and investors remained far above normal, a real estate information service reported.

Torrance, CA - June 15, 2011 - (RealEstateRama) -- Leslie D. Reed, an attorney with the national real estate law firm Pircher, Nichols & Meeks, will be honored with Commercial Real Estate Women-Los Angeles’ 2011 Women on the Rise award at CREW-LA’s Women at the Top event June 22.

Torrance, CA - June 15, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, represented both the buyer and seller in a $5.7 million industrial sale at 1400 Victoria Ave., in San Bernardino, Calif.

BURBANK, CA - June 15, 2011 - (RealEstateRama) -- Robert D. Erickson and Trevor Belden, Principals of Lee & Associates-LA North/Ventura, Inc., completed two lease transactions totaling more than 12,000 square feet in two adjoining Burbank office buildings.

CALABASAS, CA - June 15, 2011 - (RealEstateRama) -- A multi-tenant industrial building in Canoga Park, CA was sold to a private investor for $2,550,000, according to Jack Schlaifer, Senior Vice President of Lee & Associates-LA North/Ventura, Inc., who represented the seller, H&D Osborne Investments, in the transaction.

Torrance, CA - June 15, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, recently negotiated a 70-month lease renewal for a 91,906-square-feet building located at 2805 Columbia St., Torrance, Calif. The transaction is valued at $3.2 million.

LOS ANGELES, CA - June 14, 2011 - (RealEstateRama) -- Mayor Antonio Villaraigosa announced the appointment of four new commissioners to the Housing Authority of the City of Los Angeles (HACLA) Board of Commissioners: Isabel Ayala, Kimberly Freeman, Dennis Hernandez, and Mitchell Kamin.

Washington, DC - June 14, 2011 - (RealEstateRama) -- Senator Dianne Feinstein (D-Calif.) and Representative Henry A. Waxman (D-Los Angeles) today sent a letter to Secretary of the Department of Veterans Affairs, Eric Shinseki, and the Director of the Office of Management and Budget, Jack Lew, asking them to promptly finalize a request to Congress for construction projects, including $20 million for homeless veterans projects on the West Los Angeles campus.