Monthly Archives: April 2011

Commercial-Property Market Is Dealing

BY KRIS HUDSON Commercial real-estate brokerages and related companies are attracting merger and acquisition partners as the commercial-property market rebounds. Financial-product broker BGC Partners Inc. announced Thursday it is buying Newmark Knight Frank, a real-estate broker and advisor. A day … Continue reading

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Preferred Bank Files Definitive Proxy Statement Seeking Approval for One-For …

Hide LOS ANGELES, April 28, 2011 /PRNewswire/ – Preferred Bank (NASDAQ: PFBC), an independent commercial bank focusing on the Chinese-American and diversified Southern California mainstream market, today reported that it had filed its Definitive Proxy Statement with the Federal Deposit … Continue reading

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Preferred Bank Files Definitive Proxy Statement Seeking Approval for One-For …

Hide LOS ANGELES, April 28, 2011 /PRNewswire/ – Preferred Bank (NASDAQ: PFBC), an independent commercial bank focusing on the Chinese-American and diversified Southern California mainstream market, today reported that it had filed its Definitive Proxy Statement with the Federal Deposit … Continue reading

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Real estate center to open in Yucaipa

YUCAIPA – Residents won’t have to go far to take care of their real estate needs when a new firm opens up in Yucaipa. ABO Enterprises has opened a new office on California Street, between Avenue E and Wildwood Canyon … Continue reading

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Real estate center to open in Yucaipa

YUCAIPA – Residents won’t have to go far to take care of their real estate needs when a new firm opens up in Yucaipa. ABO Enterprises has opened a new office on California Street, between Avenue E and Wildwood Canyon … Continue reading

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Avalonbay Reports In Line

Avalonbay Communities Inc. (AVB – Analyst Report), a leading multifamily real estate investment trust (REIT), reported fiscal 2011 first quarter funds from operations (FFO) of $93.5 million or $1.08 per share, compared with $79.3 million or $0.96 in the year-earlier … Continue reading

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Avalonbay Reports In Line

Avalonbay Communities Inc. (AVB – Analyst Report), a leading multifamily real estate investment trust (REIT), reported fiscal 2011 first quarter funds from operations (FFO) of $93.5 million or $1.08 per share, compared with $79.3 million or $0.96 in the year-earlier … Continue reading

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Remodeling as a Housing Indicator

We’re always looking at indicators to see where the housing market is headed, like today’s reading of the Realtors’ “Pending Home Sales Index,” which measures contracts signed for home purchases, hence an indicator of future closings. We look at consumer … Continue reading

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ET’s Phone to Home Has Been Disconnected

The SETI (Search for Extraterrestrial Intelligence) Institute has had to disconnect it’s Allen Telescope Array due to deep federal and State of California budget cuts, and will put a hold on listening for signs of life in space.  The institute, which is … Continue reading

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Five Reasons Why The California Real Estate Market Will Decline Even Further

When I talk to people about California real estate prices and what their opinion is of the market I get a few typical answers. – The California market is going to be great in the long run. It always goes … Continue reading

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