Archive for February, 2009
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Thursday, February 26th, 2009
California gay marriage fight echoes pastDetroit Free Press, United StatesThe Rumford Act ignited a voter backlash, and a year later, the California Real Estate Association put Proposition 14 on the ballot. Despite a major mobilization by religious groups and liberals — which helped fuel the Berkeley Free Speech Movement …
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Wednesday, February 25th, 2009
Calpers Investment Boss Arrives as Pension Slips From PinnacleBloombergCalpers welcomes Dear, 57, after it was rattled by a 18.5 percent net decline real estate investments, a 41 percent slide in its stock portfolio and the departure of four senior executives during 2008. The asset loss was so great, Calpers fell off its …
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Wednesday, February 25th, 2009
Candid Cam: Vultures circle, stalk A'sInside Bay Area, CABy Cam Inman A day after officially declaring dead their Fremont move, the Oakland A's found themselves as the object of other cities' affections Wednesday, specifically Sacramento and San Jose. For the first at-bat, let's listen to what came out of …
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Wednesday, February 25th, 2009
Assemblywoman Harkey SuedSan Clemente Times, CA… for real estate deals. But the lawsuit, filed February 17 in Orange County Superior Court, contends it has been mismanaged, creating huge losses for investors who were told they were safe. Diane Harkey, reached in Sacramento, denied any wrongdoing. …
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Wednesday, February 25th, 2009
Virtue Joins Lowe Enterprises as Director, Workout Services as …Business Wire (press release), CA… manages $4 billion in real estate assets on behalf of institutional and investment clients. In addition to its Los Angeles headquarters, Lowe Enterprises maintains regional offices in Denver, Irvine, San Francisco, Sacramento and Washington, DC.
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Wednesday, February 25th, 2009
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Wednesday, February 25th, 2009
Greyhound Bus Station on the MoveNews10.net, CAOn Tuesday, the Sacramento City Council voted to move the longtime terminal and build a new station on Richards Boulevard, north of downtown. Police call the terminal on L Street a problem with high crime and homeless. A real estate developer wants to …
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Wednesday, February 25th, 2009
Sunset on horizon for Fairmont's Tonga Room barSan Francisco Chronicle, USA(the real estate outfit headed by A's boss Lew Wolff), say the Tonga Room's fate has yet to be decided. But hotel reps tell us that as part of the Fairmont's makeover, they hope to move the downstairs Grand Ballroom to a more accessible spot off the …
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Tuesday, February 24th, 2009
Analysis: Giant home loans were still going strong in 2007USA TodayThe size of those loans should have been a clear red flag, says Susan Wachter, who studies real estate and finance at the University of Pennsylvania's Wharton School. People who borrow that much money are more likely to default on loans. …
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Tuesday, February 24th, 2009
Lawmaker pressures bad brokersSanta Monica Daily Press, CAThe bill also will allow law enforcement to obtain crucial real estate records more quickly via a court order. "Look at the flood of foreclosures and the state of our economy and ask yourself whether mortgage fraud should be a misdemeanor and punished …
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