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Archive for March, 2009

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Anti-sprawl rules to steer Sacramento development - Sacramento Bee

Tuesday, March 31st, 2009
Anti-sprawl rules to steer Sacramento development
Sacramento Bee,  USA
By Jim Wasserman When Sacramento gets past the housing crash, its next wave of growth will play out under stricter rules that limit greenhouse gases and clamp down on cars, area real estate officials were told Tuesday. Panelists at a real estate forum …
The next housing boom will be different Sacramento Bee
all 2 news articles

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Gottschalks starts to close up shop - Fresno Bee

Tuesday, March 31st, 2009

Bakersfield Now
Gottschalks starts to close up shop
Fresno Bee, CA
The company's real estate — five store sites it owns, as well as its leases for the rest of its stores — will be auctioned in a separate sale to be held in May. The sale date will be set today by the bankruptcy court. Creditors will not know how much …
Gottschalks sold to liquidators in bankruptcy auction Sacramento Bee
Gottschalks sold to liquidators, set to close chain KGET 17
No word yet on Gottschalks auction fate Trading Markets (press release)
Sacramento Bee
all 429 news articles

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Lawmakers want to sell San Quentin - abc7news.com

Tuesday, March 31st, 2009

Examiner.com
Lawmakers want to sell San Quentin
abc7news.com, CA
By Nannette Miranda SAN QUENTIN, CA (KGO) — There is a new effort in Sacramento to sell San Quentin State Prison to the highest bidder. The prison sits on a piece of prime real estate that some believe is wasted on crooks, but critics believe selling …
Auditor: If you love the state, let some of it go Los Angeles Times
Hearing to consider sale of San Quentin State Prison Examiner.com
A budget solution - Sell off San Quentin San Francisco Chronicle
all 18 news articles

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The next housing boom will be different - Sacramento Bee

Tuesday, March 31st, 2009
The next housing boom will be different
Sacramento Bee,  USA
A fascinating morning today at the Sutter Club where the Sacramento affiliate of the Urban Land Institute had William Hudnut in for a morning address to about 100 public- and private-sector land use attorneys, real estate consultants, developers, …

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How $2 Million In AIG FP Options Saved An IRS Attorney $145 … - TPMMuckraker

Tuesday, March 31st, 2009

TPMMuckraker
How $2 Million In AIG FP Options Saved An IRS Attorney $145 …
TPMMuckraker, NY
Last month, for instance, a Los Angeles judge struck down a Son of Boss partnership that had spared a pair of local real estate developers an accumulated tax bill of $145 million by investing $2 million in some obscure AIG credit default swaps. …

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Loan Modification Company Is A Scam, BBB Says - KCRA.com

Tuesday, March 31st, 2009
Loan Modification Company Is A Scam, BBB Says
KCRA.com, CA
The Department of Real Estate said consumers need to be very careful when deciding to use a loan modification company. Companies must be licensed with the DRE. Furthermore, in order to collect advance money, brokers must have a specific agreement …

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The Man Who Ate the GOP - Vanity Fair

Tuesday, March 31st, 2009

Vanity Fair
The Man Who Ate the GOP
Vanity Fair, NY
Since this Top 40 DJ and local talker in Sacramento went national, in 1988, as a right-wing voice, he has made hundreds of millions of dollars in salary, bonuses, participation in advertising revenue, and the sale of his show to the Sam Zell–controlled …

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Hearing to consider sale of San Quentin State Prison - Examiner.com

Tuesday, March 31st, 2009

Examiner.com
Hearing to consider sale of San Quentin State Prison
Examiner.com
“Real estate speculators welcome,” The Sacramento Bee’s Capitol Alert quipped. Denham wants to sell off the 432-acre state prison as part of comprehensive effort by the state to sell down some of its property holdings to bring badly needed cash into …
Auditor: If you love the state, let some of it go Los Angeles Times
A budget solution - Sell off San Quentin San Francisco Chronicle
all 8 news articles

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Gottschalks sold to liquidators, set to close chain - KGET 17

Tuesday, March 31st, 2009

Reuters
Gottschalks sold to liquidators, set to close chain
KGET 17, CA
The liquidation could start Thursday if approved and is targeted to end by July 15. An auction date is expected to be set to deal with Gottschalks' real estate assets: its leases and the store sites it owns, the Bee reported.
Bidding on Valley chain is in progress Sacramento Bee
all 186 news articles

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Yuba County tops nation in 'underwater' loans - Sacramento Bee

Monday, March 30th, 2009
Yuba County tops nation in 'underwater' loans
Sacramento Bee,  USA
Earlier this decade, Yuba County was home to a real estate boom as thousands of Sacramento commuters sought its bigger homes and lower prices. Home builders produced 4200 new houses there from 2002 through 2007, according to real estate researcher MDA …
Yuba County Tops Nation in Upside Down Mortgages KHSL
Yuba County has highest rate of negative home equity in US Sacramento Bee
all 8 news articles

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