Claremont, CA - May 31, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, recently sold a 16,496-square-feet office space located at 358-398 W Foothill Blvd, Claremont, Calif. The transaction is valued at $4 million.

SACRAMENTO, CA - May 27, 2011 - (RealEstateRama) -- United States Attorney Benjamin B. Wagner announced that United States District Judge Morrison C. England, Jr. sentenced Ralondria Stafford, 37, of San Francisco, and Necole Ward, 32, of Las Vegas, (both formerly of Vallejo, Calif.) for their roles in a mortgage fraud scheme carried out in Vallejo between 2005 and 2006. Judge England sentenced Stafford to 21 months in prison and Ward to 12 months and a day in prison. The prison sentences are to be followed by three years of supervised release and both defendants were ordered to pay $200,000 in restitution. Stafford and Ward pleaded guilty on June 10, 2010.

IRVINE, CA - May 27, 2011 - (RealEstateRama) -- Award-winning KTGY Group, Inc., Architecture and Planning, is pleased to announce that KTGY’s Principal Ken Ryan has been invited to participate in the Orange County Chapter’s Building Industry Association (BIA) and Urban Infill Committee and Asset Opportunities Group's program, “Creating a Community within a Community: Neighborhood Spotlight: La Floresta Brea," on Thursday, June 2, 2011. The meeting will be held at the Irvine Ranch Water District's Duck Club meeting room located in the San Joaquin Wildlife Sanctuary, 3512 Michelson Drive and Riparian View in Irvine, CA 92612.

SACRAMENTO, CA - May 26, 2011 - (RealEstateRama) -- Total housing starts in California, as measured by the number of building permits issued, rose 2 percent in April, the California Building Industry Association announced today.

Torrance, CA - May 26, 2011 - (RealEstateRama) -- Keystone Pacific Property Management has promoted Tonja Gray from architectural coordinator to community manager for the CZ Master Association in Coto de Caza, Calif.

Inland Empire, CA - May 26, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, welcomes Mark Zorn and Tal Siglar to its Inland Empire office. They will both serve as senior vice presidents.

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.”

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.

CALABASAS, CA - May 25, 2011 - (RealEstateRama) -- Porky Products, Inc. one of the largest independent meat and seafood distributors in the country, has signed a seven year lease for approximately 6,000 square feet of office space at 5230 Las Virgenes Road in Calabasas, CA, according to Robert D. Erickson, a Principal with Lee & Associates-LA North/Ventura, Inc., who represented the tenant in the transaction.“

NORTH HOLLYWOOD, CA - May 25, 2011 - (RealEstateRama) --A 15-unit multifamily asset here was sold for $2,450,000, among the highest prices paid on a per square foot and on a gross rent multiplier basis in the North Hollywood submarket since 2007, according to Jeff McGuire, Senior Vice President, Special Assets and a Principal of Lee & Associates-LA North/Ventura, Inc, who represented the buyer and the seller in the transaction.

May 25, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $1.9 million sales transaction for a 42,700-square-foot industrial building located at 7260 Sycamore Canyon Boulevard in Riverside, California.

LOS ANGELES, CA - May 24, 2011 - (RealEstateRama) -- Attorney General Kamala D. Harris today announced the creation of the California Attorney General's Mortgage Fraud Strike Force, staffed by Department of Justice attorneys and investigators charged with protecting innocent homeowners and bringing to justice those who defraud them.

LOS ANGELES, CA - May 24, 2011 - (RealEstateRama) -- A Buellton man was sentenced today to 21 months in federal prison for defrauding banks by nearly simultaneously seeking home equity lines of credit from four different federally insured financial institutions. Larry P. Corbi Jr., 36, who resided in Marina del Rey during the course of the scheme and has since relocated to the Central Coast, was sentenced by United States District Judge Dale S. Fischer. In addition to the prison term, Judge Fischer ordered Corbi to pay $356,644 in restitution.

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.

FRESNO, CA - May 24, 2011 - (RealEstateRama) -- United States Attorney Benjamin B. Wagner announced that United States District Judge Lawrence J. O'Neill sentenced Wrenl Burge, 40, of Fresno, to 41 months in prison and Albert Lewis Ellis, 46, also of Fresno, to 33 months in prison for a scheme to falsify mortgage loan documents. Burge was ordered to pay $1,011,524 in restitution, and Ellis was ordered to pay $548,178 in restitution to the mortgage lenders.

Torrance, CA - May 24, 2011 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker-owned commercial real estate services firm, closed the $1.8 million sale of a 22,400-square-foot industrial property at 5217 Industry Ave., in Pico Rivera, Calif. Senior Vice Presidents Jeff Bethel of Lee & Associates’ City of Industry office and Peter D. Bacci of Lee & Associates-Central Los Angeles represented both the buyer and seller in the transaction. Daniels Western Meat Packers, Inc., a meat and food products supplier since 1953, purchased the property in an all cash deal from Burke & McCoy Family Trusts.

EUGENE, OR - May 24, 2011 - (RealEstateRama) -- IDX, Inc. and Marty Maradiaga have joined forces to present Southern California home seekers with access to thousands of up-to-the-second real estate listings. Maradiaga has adopted IDX Broker software, giving him the ability to host an innovative, five-tiered approach to the online property search process. The California Real Estate Technology Services (CARETS) database, which lists and displays thousands of area properties, is now seamlessly integrated and linked to the website of Maradiaga. The IDX enabled search page Maradiaga hosts has revolutionized the way potential California home buyers find homes online.

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.

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

Torrance, CA In a clear signal of the firm’s ongoing nationwide expansion and evolutionary growth, Lee & Associates, one of the nation’s largest commercial brokerage firms, has named its first CEO in its 32-year history. Industry veteran Edward J. Indvik, who has spent the past 20 years with Lee & Associates, steps into the role immediately after being selected CEO by Lee & Associates’ presidents in April.