Monthly Archives: March 2011

Popular California Real Estate Investing Strategies

Posted on March 31, 2011 by sheri

California real estate investing is a challenging market for seasoned investors, let alone those new to the practice. The Golden State has been in a downhill spiral of foreclosure acquisitions since the banking crisis. However, this has opened the doors … Continue reading →

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Real Estate News: California Estate Sold for $100 Million

Posted on March 31, 2011 by sheri

By Sushil Cheema Path Snyder/SMB Real Estate Photography House of the Day: Rehoboth Beach Retreat: The living areas of this roughly 4,400-square-foot home in Delaware are on the top floor to capture ocean views. The home features screened porches and … Continue reading →

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Greenberg Traurig Expands its California Real Estate Practice with the …

Posted on March 31, 2011 by sheri

EAST PALO ALTO, Calif.–(BUSINESS WIRE)–The international law firm Greenberg Traurig, LLP announced that Vivek K. Chavan has joined its Silicon Valley office as a Shareholder in the firm’s award-winning Real Estate Practice. Prior to joining Greenberg Traurig, Chavan was with … Continue reading →

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Allen Matkins Elects Matthew Marino and Emily Murray to Partnership – SYS

Posted on March 31, 2011 by sheri

LOS ANGELES, CA — (Marketwire) — 03/30/11 — Allen Matkins Leck Gamble Mallory Natsis LLP, a leading California business and real estate law firm, announces that attorneys Matthew Marino and Emily Murray have been elected to the firm partnership. The … Continue reading →

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California Man Pleads Guilty in Oregon in $18 Million Ponzi Scheme

Posted on March 31, 2011 by sheri

EUGENE, OR—Today, Louis J Borstelmann, 68, of Thousand Oaks, California, pleaded guilty to mail fraud and money laundering in connection with a Ponzi scheme that reached Florence, Oregon. The d efendant admitted to soliciting approximately 100 individuals, a majority of … Continue reading →

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Grubb & Ellis Lands 580000-SF Leasing Assignment

Posted on March 31, 2011 by sheri

TIAA-CREF Launches $1B Investment Platform HOUSTON-Dubbed Covariance Capital Management, the company will provide investment and asset management services to nonprofits. Cole Makes Largest AZ Buy with $170M U of Phoenix Deal Rockefeller Group Acquires 1101 K St. Distressed Naples Shopping … Continue reading →

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Big Banks Lose: Mortgage Risk Retention Doesn’t Expire

Posted on March 31, 2011 by sheri

Yesterday morning I attended the FDIC’s background press briefing before the vote on proposed risk retention rules. While the rules covered a vast ground, I was of course most interested in those that focus on the “Qualified Residential Mortgage.” The … Continue reading →

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Real Estate News: Housing Market Shivers

Posted on March 30, 2011 by sheri

By Sushil Cheema Jim Simmons/Desasy/Penner Partners House of the Day: California Contemporary: Built from the ground up last year, this three-story home in Venice, Calif. features an open loft floor plan, 20-foot ceilings, a floating staircase and two gas-burning fireplaces. … Continue reading →

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Aurora mixed complex sells for $7.2M

Posted on March 30, 2011 by sheri

A California real estate investment company has bought a 190,000-square-foot plaza in Aurora, adding to its Denver-area commercial real estate portfolio. MIG Real Estate, formerly Stoneridge Capital Partners, bought the I-225 Plaza from First Industrial LP on Friday. The property … Continue reading →

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Morgan Stanley unit acquires $196M loan portfolio

Posted on March 30, 2011 by sheri

NEW YORK Morgan Stanley’s real estate investment arm said Tuesday it bought a $196 million loan portfolio with 45 assets from an offshore bank for an undisclosed amount. The portfolio is made up of performing, sub-performing and non-performing loans, backed … Continue reading →

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