Real Estate


Homeowner Bill of Rights plans move forward

Brad Bombola has been seeking a loan modification on his Hayes Valley duplex since 2010, when the economic downturn ravaged his creative-services agency.

International super-rich target California real estate

(Reuters) - The super-rich investors responsible for London's prime real estate bubble are adding California to their wish lists, lured by bargains offering crisis-defying returns as an overdue churn in the United States property market finally gets under way.

Lakewood Ranch makes top 10 real estate list

JOSH SALMAN Bradenton 27.01.2012
Lakewood Ranch makes top 10 real estate list

LAKEWOOD RANCH -- A California-based consulting firm has ranked Lakewood Ranch as one of the top selling master planned communities in the U.S. Lakewood Ranch notched 391 new home sales in 2011, placing it ninth on the list of 50 compiled annually by John Burns Real Estate Consulting. The study is featured on the firm’s national blog.

LaSalle Hotel Properties Acquire Viceroy Santa Monica

LaSalle Hotel Properties announced that it has acquired a leasehold interest in Viceroy Santa Monica for $80.1 million. In real estate terms, a leasehold interest gives the tenant a limited interest in the property to inhabit for the term of the lease – in this case to operate a hotel.

Foreclosure sales soar in California

Mark Glover MCCLATCHY 02.10.2010

California Property Tax Rolls Shrink 1.8% in `Historic' Slump

Christopher Palmeri Bloomberg News 10.09.2010
Foreclosure sales soar in California

Foreclosure sales accounted for 43 percent of all property sales in California in the second quarter, the third-highest percentage among all states, according to figures released today by Irvine-based foreclosure analyst RealtyTrac.

California Property Tax Rolls Shrink 1.8% in `Historic' Slump

California property values fell 1.8 percent for the current fiscal year, only the second drop since the most-populous U.S. state began collecting the data in 1933.

California's median home sale price jumps 11.2% in February

Alejandro Lazo Los Angeles Times 19.03.2010
California's median home sale price jumps 11.2% in February

California's median home price rose a robust 11.2% in February from the same period a year ago as fewer foreclosure properties sold, while the number of homes sold fell 3.8%.

ARK Management Named as Top 31 Commercial Real Estate Property Management Company and Grows presence with San Diego Retail Portfolio

San Diego, CA (PRWEB) March 11, 2010 -- ARK Management, (www.ark-management.com) a commercial property management company, has continued to grow its third-party property management presence with the addition of the Singer Family portfolio. The Singer Family portfolio is comprised of mixed-use, multi-tenant retail and industrial properties.

Interest in buying state offices in California building

The 24 buildings being offered, including two in L.A., are drawing global investors. The sale is also being criticized for the loss of long-term capital assets in favor of short-term gains.

California-Based Companies Form Joint Venture to Facilitate Short Sales

In response to the overwhelming amount of foreclosures that could have been avoided through a short sale, Retreat Capital Management Group, a provider of loss mitigation and outsourced fulfillment solutions, and First Team National Default Solutions have formed a joint venture to manage the short sale segment of the loss management process.

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Disclaimer: The information presented and opinions expressed herein are those of the authors and do not necessarily represent the views of Estates Report and/or its partners.