Sat, 07 Nov 2009 05:00:01 GMT
Union Trust work continues (Pittsburgh Tribune-Review)
U.S. Bank's acquisition of Los Angeles-based California National Bank could mean a better financing partner for Mika Realty Group in its renovation of the Union Trust Building, downtown Pittsburgh, according to real estate officials.
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Fri, 06 Nov 2009 23:01:25 GMT
The leading source for mutual fund intelligence (Fund Action)
California's two largest pension funds face large losses on their investments in a Manhattan real estate deal. CALPERS and CALSTERS had each invested in Tishman Speyer Properties and BlackRock's acquisition of apartment complex Stuyvesant Town and Peter Cooper Village.
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Fri, 06 Nov 2009 08:04:22 GMT
Sales of million-dollar homes slow, but picking up (Ventura County Star)
Sales of upper-end homes, particularly those that cost $1 million or more, have been pretty dismal during the market downturn, according to experts who track residential real estate. From the California Association of Realtors to the USC Lusk Center for Real Estate, the consensus is the upscale sector will trail the recovery in the lower end of the market. CAR reported that the unsold ...
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Wed, 04 Nov 2009 22:55:32 GMT
Moores Divorce May Affect Project Financing (KGTV San Diego)
A hearing is scheduled for next week on whether the estranged wife of outgoing Padres owner John Moores can add a real estate finance firm to the list of companies subject to California's community property laws in their divorce case.
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Tue, 03 Nov 2009 11:00:00 GMT
California hikes withholding rates (Bankrate.com via Yahoo! Finance)
Poor California workers. Their cash-strapped state is now taking 10 percent more from their paychecks. But it's not a tax increase. Really!
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Tue, 03 Nov 2009 06:10:48 GMT
U.S. Bancorp grows in California (Pioneer Press)
U.S. Bancorp has long had its sites on California. In the past year, it's nearly doubled its branches there.
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Mon, 02 Nov 2009 14:15:19 GMT
FORMER NAVY PILOT ARCHER JOINS LACKMAN COMMERCIAL GROUP (PitchEngine)
Scottsdale, AZ Mark Archer, an experienced investor and reserve pilot in the California Air National Guard, has joined Lackman Commercial Group as a commercial real estate agent. In 2006, Archer founded Donzos.com, a San Diego based internet marketing company specializing in online marketing, blogization, and search engine marketing. The company owns and operates several online businesses...
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Tue, 27 Oct 2009 21:23:15 GMT
Best Lawyers Names Luce Forward's Robert Bell 2010 San Diego Real Estate Lawyer of the Year (LawFuel)
SAN DIEGO (October 26, 2009) – Luce, Forward, Hamilton & Scripps LLP, a prominent California law firm with a national reputation, today announced that one of its partners, Robert Bell, has been recognized by Best Lawyers of America as the “2010 San Diego Real Estate Lawyer of the Year.” Bell specializes in real estate development, leasing, workouts and brokerage matters.
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Sat, 24 Oct 2009 23:15:35 GMT
Prominent San Francisco real estate investor ends role with California pension fund (Minneapolis-St. Paul Star Tribune)
SACRAMENTO, Calif. - San Francisco businessmen Victor MacFarlane is ending his longtime role as a real estate adviser to the California Public Employees' Retirement System.
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Thu, 22 Oct 2009 19:17:49 GMT
18 charged with running suburban California pot houses (CBS 47 Fresno)
SACRAMENTO, Calif. (AP) — Federal prosecutors in California have charged 18 people with operating an extensive marijuana-growing operation by converting Central Valley homes into high-tech pot nurseries. U.S. Drug Enforcement Administration agent Casey McEnry says all are from the San Francisco Bay area. Nine were arrested early Thursday on drug and real estate fraud charges. The others remain ...
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Thu, 22 Oct 2009 23:48:58 GMT
MacFarlane Resigns as Calpers Real Estate Adviser (Update1) (Bloomberg)
Oct. 22 (Bloomberg) -- MacFarlane Partners, a San Francisco-based investment firm, resigned as a real estate adviser to the California Public Employees’ Retirement System, a MacFarlane spokeswoman said.
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Fri, 23 Oct 2009 21:22:43 GMT
Calpers, MacFarlane Cut Ties After Real Estate Review (Update1) (Bloomberg)
Oct. 23 (Bloomberg) -- The California Public Employees’ Retirement System, the biggest U.S. pension fund, and real estate adviser MacFarlane Partners severed ties as the fund reviews the performance of its investment managers.
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Tue, 13 Oct 2009 18:42:00 GMT
Property I.D. Wins the Blue Ribbon at California Association of Realtors Expo 2009 (Business Wire via Yahoo! Finance)
LOS ANGELES----Property I.D., America’s leading provider of real estate natural hazard disclosure reports, was honored for its innovation, creativity and leadership with the Blue Ribbon Award at the California Association of Realtors Expo 2009 in San Jose.
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Tue, 13 Oct 2009 10:45:55 GMT
Ailing California Still Has Strong Banks (TheStreet.com)
California has suffered during the real-estate bust, but it still counts 15 banks that are in strong shape.
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Tue, 13 Oct 2009 12:10:00 GMT
Greencrossing Real Estate Companies Re-Enters the Market for Distressed Properties (Marketwire via Yahoo! Finance)
ALISO VIEJO, CA--(Marketwire - 10/13/09) - As the market for distressed residential property finally begins to break loose, two of Southern California's savviest real-estate entrepreneurs are ready to acquire distressed residential land in anticipation of a housing recovery. Tom Banks and Jason Perrin , co-founders and principals of Greencrossing Real Estate Companies , built their reputations ...
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