California RealEstateRama
NAI Capital Has Retained Exclusive Representation for Primero Management Shopping Centers Nationwide
NATIONWIDE - January 16, 2012 - (RealEstateRama) -- Bennard Gillison, Senior Vice President with NAI Capital’s Corporate Headquarters in Encino, CA, has been retained as the exclusive broker for Primero Management Incorporated. Primero Management is ...
Recent Lease and Sale Transactions in Alameda County
Oakland, CA - January 14, 2012 - (RealEstateRama) -- Redgwick Construction has purchased a +-10,000SF industrial building at 21 Hegenberger Court Oakland CA. The building had +-2500SF office area, 16ft clear height, outside storage and drive in loading...
NAI Capital Represents Seller in the Sale of the Hawthorne Promenade in Torrance for...
TORRANCE, CA - January 14, 2012 - (RealEstateRama) -- Peter J. Lund and Scott Crane with NAI Capital’s West L.A. office represented the Seller, Hawthorne Promenade LLC, a subsidiary of Torrance based Arenda Capital Management, LLC in the sale of a 7,...
Mayor Lee & Supervisor Cohen Celebrate First Phase Completion of HopeSF Hunters View Public...
January 11, 2012 - (RealEstateRama) --Today Mayor Edwin M. Lee and Supervisor Malia Cohen celebrated the completion of Phase One of the HOPE SF Hunters View public housing project, the first of five public housing sites slated to be redeveloped as part...
Five Arrested in Orange County-Based ‘Builder Bailout’ Mortgage Fraud Scheme That Fraudulently Purchased Condos
SANTA ANA, CA - January 11, 2012 - (RealEstateRama) -- Federal authorities have arrested five people allegedly involved in a “builder bailout” real estate scheme that fraudulently purchased more than 100 condominium units around the country with mo...
NAI Capital Represents Seller in Upland College Park Retail Centre Deal & Landlord in...
UPLAND, CA - January 10, 2012 - (RealEstateRama) -- Vicky Espinosa, Kevin Zullo, Samantha Zoleta, and Fred Encinas with NAI Capital’s Ontario office represented the Seller, Hutton Companies, in the sale of a 1.1 acre parcel located at 2410 W. Arrow R...
Attorney General Kamala D. Harris Announces the California Homeowner Bill of Rights to Take...
SACRAMENTO, CA - December 21, 2012 - (RealEstateRama) -- Attorney General Kamala D. Harris today announced that the California Homeowner Bill of Rights, a landmark package of legislation that extends key mortgage and foreclosure protections to Californ...
Con Man Sought After Failing to Appear for Sentencing on Charges That He Defrauded...
Los Angeles, CA - December 21, 2012 - (RealEstateRama) -- A San Gabriel man who was scheduled to be sentenced on Monday but failed to appear in court is being sought by the FBI, announced Bill Lewis, Assistant Director in Charge of the FBI’s Los Ange...
Rep. Mike Thompson, Bipartisan group of legislators urge President Obama to work with Congress...
Washington, DC - December 13, 2012 - (RealEstateRama) -- Rep. Mike Thompson and a bipartisan group of 29 Senators and Representatives sent a letter to President Obama Wednesday calling for Master Limited Partnerships and Real Estate Investment Trusts t...
Denham Statement on Latest GSA Proposal to Redevelop Highly Valuable Properties in Metropolitan Washington...
WASHINGTON, DC - December 5, 2012 - (RealEstateRama) -- The General Services Administration (GSA) today announced additional details for the possible redevelopment of highly valuable but significantly underdeveloped and underutilized federal property i...
Congresswoman Matsui Introduces Legislation to Allow Homeowners in a Flood Zone to Rebuild Following...
WASHINGTON, D.C. - November 30, 2012 - (RealEstateRama) -- Today, Congresswoman Doris Matsui (D-CA) introduced legislation to help homeowners who live in FEMA Special Flood Hazard Areas and whose homes have sustained major damage from a fire or other u...
Attorney General Kamala D. Harris Announces Homeowner Assistance Grant Program
SAN FRANCISCO, CA - November 22, 2012 - (RealEstateRama) -- Attorney General Kamala D. Harris today announced a $10.4 million grant program for organizations that provide housing counseling and legal services to homeowners. The grant funds were secure...
San Francisco City Hall & Seven Other Historic Civic Center Buildings File For LEED...
San Francisco, CA - November 15, 2012 - (RealEstateRama) -- Mayor Edwin M. Lee today at the U.S. Green Building Council Greenbuild International Conference and Expo being held at the Moscone Convention Center announced that the City and County of San F...
Congresswoman Matsui Announces Nearly a Million Dollars for Sacramento County Health Care for the...
SACRAMENTO, CA - November 15, 2012 - (RealEstateRama) -- Congresswoman Doris Matsui (CA-05) today announced that Sacramento County’s Department of Health and Human Services has received a continuation of their $962,901 grant from the U.S. Department ...
C.A.R. calls for change of leadership at FHFA
LOS ANGELES, CA - November 6, 2012 - (RealEstateRama) -- The following is a statement by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) on last week’s announced REO bulk sale transaction between Fannie Mae, the Federal Housing Finance Agency (FHF...
Northern California Real Estate Investor Agrees to Plead Guilty to Bid Rigging at Public...
WASHINGTON, DC - November 1, 2012 - (RealEstateRama) -- A Northern California real estate investor has agreed to plead guilty for his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern Californ...
Woman Who Organized $20 Million Mortgage Fraud Scheme in Southern California Pleads Guilty in...
November 1, 2012 - (RealEstateRama) -- A former Southern California resident pleaded guilty today in federal court in Portland, Oregon, to mail fraud charges for orchestrating a mortgage fraud scheme that used fraudulent loan applications and supportin...
Project Homeless Connect Launches Every Day Connect
San Francisco, CA - October 25, 2012 - (RealEstateRama) -- Mayor Edwin Lee and Lieutenant Governor Gavin Newsom today launched a new Project Homeless Connect service – Every Day Connect – to meet the needs of people every day who are homeless or in...
Former Mountain View Businessmen Sentenced in Real Estate Investment Fraud Case
SAN FRANCISCO, CA - October 18, 2012 - (RealEstateRama) -- Edward G. Locker was sentenced this week to 30 months in prison for his role in a real estate investment fraud scheme, United States Attorney Melinda Haag announced. On September 24, 2012, co-d...
San Fernando Valley Woman Agrees to Plead Guilty in Multi-Million-Dollar Real Estate Ponzi Scheme
LOS ANGELES, CA - October 16, 2012 - (RealEstateRama) -- A San Fernando Valley real estate agent and self-described real estate investor has agreed to plead guilty to running a multi-million-dollar Ponzi scheme out of companies based in the Santa Clari...
Mayor Lee Announces Moscone Center Achieves LEED Gold
October 16, 2012 - (RealEstateRama) -- Mayor Edwin M. Lee today announced Moscone Center has received LEED Gold certification, the first convention center on the West Coast to attain the green building honor. The LEED (Leadership in Energy and Environm...
Mother and Son Real Estate Professionals Sentenced to Prison for $8 Million Mortgage Fraud...
October 10, 2012 - (RealEstateRama) -- United States Attorney Laura E. Duffy announced today that Orange County attorney Stephen Kenneth Chrysler was sentenced to serve 37 months in prison for his role in an $8 million mortgage fraud scheme involving 1...
Los Angeles Man Sentenced to Over Three Years in Federal Prison in Home Loan...
LOS ANGELES, CA - October 3, 2012 - (RealEstateRama) -- A 50-year-old resident of Tujunga was sentenced this morning to 37 months in federal prison for his participation in a home equity line of credit (HELOC) scheme that resulted in losses of more tha...
Congressman McNerney Announces Foreclosure Assistance And First-Time Homebuyers Workshop
Stockton, CA - September 25, 2012 - (RealEstateRama) -- Next Sat., Sept. 29, 2012, Congressman Jerry McNerney (D-Stockton) will attend a foreclosure assistance and first-time homebuyers workshop in Stockton. The Congressman will speak at the event at ...
Attorney General Kamala D. Harris Announces Arrests of Four Individuals in Northern California Real...
SACRAMENTO, CA - September 24, 2012 - (RealEstateRama) -- Attorney General Kamala D. Harris announced the arrest Thursday of four suspects who have been charged with securities fraud, conspiracy and elder abuse for operating a Ponzi scheme that bilked ...
Senate Committee Passes Version of Congresswoman Hahn’s Veterans Legislation
Washington, D.C. - September 13, 2012 - (RealEstateRama) -- The Senate Committee on Veterans’ Affairs today passed the companion legislation to Congresswoman Janice Hahn’s bipartisan H.R. 4287 that updates the definition of “homeless veteran” t...
Rep. Waters Hosts Panel on Eminent Domain Proposals to Seize Underwater Mortgages
Washington, DC - September 13, 2012 - (RealEstateRama) -- Yesterday, Congresswoman Maxine Waters held a bipartisan panel discussion on the nation’s ongoing housing crisis and whether the use of eminent domain to seize underwater mortgages is a feasib...
Grand Jury Indicts 11 Linked to an Inland Empire Loan Modification Scam That Targeted...
LOS ANGELES, CA - September 13, 2012 - (RealEstateRama) -- Federal agents this morning arrested 10 defendants who worked at a Rancho Cucamonga-based business that allegedly offered bogus loan modification programs to financially distressed homeowners. ...
Capps Works to Protect Affordable Housing and Economic Development Funding for Atascadero, Paso Robles,...
WASHINGTON, DC - September 12, 2012 - (RealEstateRama) -- Today, Congresswoman Lois Capps (CA-23) joined nearly 100 of her bipartisan colleagues in urging the Congressional leadership to ensure continued eligibility for critical U.S. Department of Agri...
Rep. Baca Sponsors Legislation to Create 50 Year Mortgage Refinancing Plan
Washington, DC - September 11, 2012 - (RealEstateRama) -- Congressman Joe Baca (D-Rialto) introduced legislation that directs the Government Sponsored Housing Entities, Fannie Mae and Freddie Mac, to offer 50 year mortgage refinance terms to qualified...