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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.

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.

CBIA says state new-home tax credit is generating demand for new homes and construction. SACRAMENTO, CA - June 24, 2009 - (RealEstateRama) — May single-family home starts held their own compared to April, offering additional evidence that the state new-home tax credit is generating demand for new homes and leading to a resumption of job-generating construction, the California Building Industry Association reported today

LOS ANGELES, CA - April 03, 2009 - (RealEstateRama) —The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today launched the C.A.R. Housing Affordability Fund Mortgage Protection Program (C.A.R.H.A.F. MPP) for first-time home buyers.