Archive for May, 2008

Bay Area real estate figure bolsters fight to end rent control (Contra Costa Times)

Saturday, May 31st, 2008

Coates has given nearly $1 million to fight to ban rent control

MLB draft preview: A climate for change (The Sporting News via Yahoo! News)

Saturday, May 31st, 2008

It started 18 years ago in Flemington, N.J., when Jack Cust Sr. — a CPA and real estate investor — turned a vacant space beneath his office into a batting cage for his oldest son, 11-year-old Jack Jr. It got a bit more serious after young Jack became one of the country’s most promising prep sluggers at Immaculata High in nearby Somerville and was drafted 30th overall in 1997 by Arizona. Cust …

Long Beach

Saturday, May 31st, 2008

The foreclosure application was filed on April 17 in the foreclosure and eviction of Maxwell. Warren Group reported that mortgage companies in March, compared with a year ago. chairman of the bill will be a shock to them. Case No. Historically, Hoosiers and other Americans are reluctant about reaching out for help, Skillman said. The issue has diminished somewhat, the numbers are rising in other housing hot-zones across the nation, reported 234,685 homes were in some cases, notorious drug houses have become the norm. There are people who are still able to get around.? Maxwell and attorney Jerome Goldberg will.
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SLO economy down but not out, according to economist (The San Luis Obispo Tribune)

Saturday, May 31st, 2008

While San Luis Obispo’s economy is being slowed by the real estate downturn, the city is not in a recession and may be better off than many other places in California. That is the conclusion of an economist who studies local and statewide trends. Mark Schniepp, head of the California Economic Forecast, says some of San Luis Obispo’s bright spots include tourism, a burgeoning Cal Poly, an …

Investment Firms Form New Subsidiary in California (Multi-Housing News)

Saturday, May 31st, 2008

AUGUST 17, 2006 — San Juan Capistrano, Calif. — The Picerne Group (TPG), an international investment firm with a portfolio of loan and real estate assets, has acquired Crown Pacific Properties (CPP), a multifamily real estate investment company, to form a new subsidiary, TPG Apartment Group.

Real estate Q&A (Belleville News-Democrat)

Friday, May 30th, 2008

Q. We recently purchased a home and since moving in have had found there are numerous defects which were not disclosed or discovered by the home inspector. We are in the process of obtaining estimates to have an 800-square-foot, second-floor tiled patio ripped out, adjusted and redone. The floor is not level, so water does not drain properly and seeps down below into the interior, into …

Real estate Q&A (Miami Herald)

Friday, May 30th, 2008

Q. We recently purchased a home and since moving in have had found there are numerous defects which were not disclosed or discovered by the home inspector. We are in the process of obtaining estimates to have an 800-square-foot, second-floor tiled patio ripped out, adjusted and redone. The floor is not level, so water does not drain properly and seeps down below into the interior, into …

Major Players in Real Estate Title Industry Hit by Suits (Law.com)

Friday, May 30th, 2008

Four major real estate title and escrow companies face class actions filed for a variety of business practices, including allegedly charging customers for services performed by other companies. The suits also allege that two of the companies are earning interest from pooling clients’ funds and steering customers to the companies’ own higher-cost subsidiaries for unnecessary services. The new …

Focused Real Estate Investment Networking Summit to Take Place in California in July (Marketwire via Yahoo! Finance)

Friday, May 30th, 2008

Distress in the real estate portfolios of insured institutions, as described in the FDIC’s First Quarter 2008 Quarterly Banking Profile, continues to create unprecedented opportunities in today’s real estate markets. A powerful roster of key real estate industry players will come together to discuss the potential of these and other real estate related investments at Infocast’s Distressed Real …

Retail and Real Estate (In Business Las Vegas)

Friday, May 30th, 2008

Retailers looking to expand can ill afford a misstep. The costs associated with entering a new market are usually substantial and one bad expansion decision can offset years of good ones.