Archive for May, 2009
Sunday, May 31st, 2009
Man betrayed El Dorado Hills neighbors' trust with investment …Sacramento Bee, USAAuthorities have charged Betchley with 28 felony counts of grand theft and securities violations, including real estate fraud and tax evasion. If convicted on all counts, Betchley is looking at about 30 years in prison, Deputy District Attorney James …
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Sunday, May 31st, 2009
Alaska blazes new trail in risk-based investingPensions & Investments, ILThe new asset allocation is: 53% in company exposure, comprising stocks, corporate bonds and private equity; 21% in an opportunity pool that includes absolute return, real return and distressed debt; 18% in real assets, comprising real estate, …
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Saturday, May 30th, 2009
Renters conned out of a homeContra Costa Times, CABy Brian Hamlin/The Reporter, Vacaville That's the warning being given by the Solano County District Attorney's Office and real estate agents to potential renters who could be caught up in a costly con game. District Attorney David Paulson says that …
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Saturday, May 30th, 2009
Internal Affairs: Did Ravel's departure unravel Santa Clara County …San Jose Mercury News, USAReal estate investor Thomas J. Coates of San Francisco gave Newsom's campaign $25000. Coates is a Republican who put up almost $1 million for June 2008's Proposition 98, the ballot measure that would've phased out rent control in California and …
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Saturday, May 30th, 2009
Now adding a pool may hurt home's valueSan Francisco Chronicle, USADal Pino estimates that the average in the Sacramento area for an in-ground concrete pool is $40000 to $45000. The price in the more seismically active Bay Area is even higher, he said, because of the need for additional structural support. Real estate …
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Saturday, May 30th, 2009
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Friday, May 29th, 2009
Waiting game on low mortgage rates backfiresSacramento Bee, USAWell, I think they did in the short term," said Mike Lyon, head of Sacramento-based Lyon Real Estate. "The good news is it's still cheap. For most people, I would say, 'Let's not get greedy.' "Rates are still good. For decades, we were in the …
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Friday, May 29th, 2009
CalPERS likely to lose $922 million in sour land dealSacramento Bee, USAThe ruling would wrap up one of the pension fund's worst real estate ventures. CalPERS' housing portfolio, once estimated to be worth $9 billion, was reported to be $6 billion last fall, with projected losses on the deal factored in. …
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Friday, May 29th, 2009
Profits, revenue down at Grubb & EllisBizjournals.com, NCGrubb & Ellis is the Sacramento area's fifth-largest commercial real estate firm with 44 licensed agents, and the 23rd-largest property management firm with 1.29 million square feet under management, according to Business Journal research. …
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Friday, May 29th, 2009
How the financial crisis affected your cardiologistReuters BlogsThat, in turn, lifted wages for support personnel, real estate costs for doctors' businesses and homes, and so forth, which in turn incentivized doctors to order questionable tests and procedures for their patients. In other words, distortions in the …
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