DMB, Macerich announce key partnership to create residential, retail ventures across Valley Mar 5, 2008
A Scottsdale-based developer of luxury communities in Arizona and California is joining forces with a national real estate investment trust specializing in high-end shopping malls across the United States. The agreement combines ' expertise in luxury residential developments with the retail and leasing skills of , the Arizona-based shopping mall company acquired in 2002 by The of Santa Monica, Calif. (Phoenix Business Journal, AZ)
Mesa suspends two go! pilots Feb 25, 2008
Mesa suspends two go. pilots - Pacific Business News (Honolulu). (Pacific Business News, HI)
Developers postpone projects Feb 23, 2008
Chicago-based Mesirow Financial Real Estate Inc. broke ground last fall on One Central Park East, a 26-story office building at the northeast corner of Central Avenue and Van Buren Street in downtown Phoenix. The project has yet to snag a definite tenant, but Mesirow Managing Director Andrew Conlin notes that the project isn't pegged for completion until fall 2009. (AZCentral -- Business)
Builders resort to selling homes at auctions Feb 22, 2008
Builders resort to selling homes at auctions. Builders resort to selling homes at auctions. (AZCentral -- Business)
Chargers won't wait to pursue stadium Feb 21, 2008
Thing is, with the real estate market what it is now, where can they go. The price of a new stadium, unless it can be paid for in some other way, is going to be staggering for any city. (San Diego Union-Tribune -- Sports)
Friends/VVA will distribute newsletter Feb 18, 2008
Illegal signs: Caltrans and county roads and zoning are working to stop the posting of illegal real estate signs on public roads every weekend. Requests to stop posting the signs have previously been ignored. (Lompoc Record, CA)
go! to offer Hawaiian language booking Feb 16, 2008
to offer Hawaiian language booking - Pacific Business News (Honolulu). Members: Not Registered. (Pacific Business News, HI)
FireSafe Council to meet Monday Feb 16, 2008
It consists of fire agencies, property owners, real estate agents, insurance companies, utilities and others, and regularly meets at County Fire Station 75, 39800 Clinton Keith Road. Matrisciano said the group believes the time is right to explore ways of bolstering fire prevention and protection activities at the Glen Oaks Road fire station, which will be located on Glen Oaks Road between Mesa and De Portola roads and serve as headquarters for the council. (North County Times)
McCain could resign senate seat... Feb 15, 2008
Possible Democratic contenders include real estate developer Jim Pederson, who lost a U.S. Senate bid in 2006, Phoenix Congressman Ed Pastor and Arizona Attorney General Terry Goddard. Pederson, a major Democratic Party donor, said Wednesday he would consider a Senate run if McCain resigns. (The Drudge Report)
Mesa posts first quarter loss of $2.8M Feb 15, 2008
Mesa posts first quarter loss of $2. 8M - Pacific Business News (Honolulu). (Pacific Business News, HI)
Bargains abound for rental houses Feb 13, 2008
Glut of homes brings down apartment rates, too. Betty Beard and Edythe Jensen The Arizona Republic Feb. 12, 2008 07:42 PM. (AZCentral -- Business)
Foreclosure boom effects sales strategy shift Feb 10, 2008
By: ZACH FOX - Staff Writer High county inventory, falling prices force real estate agents to take buyers by the busload. CARMEL VALLEY ---- A glut of foreclosures and a new group of investors and families interested in cheaper prices led a pair of San Diego real estate agents to bring potential buyers by the busload Saturday ... Husband-and-wife real estate team Robert and Anne-marie Boyer showed a string of North County foreclosures and short sales ---- homes listed to sell for less than the... (North County Times)
Desert Ridge-area buildings sold Feb 9, 2008
Michael Clancy The Arizona Republic Feb. 7, 2008 10:10 AM. Ryan Companies has sold three of its six buildings in the Desert Ridge area for $81. (AZCentral -- Business)
Financial Guide Feb 9, 2008
Becoming a profitable Real Estate investor requires an informed decision ... That's why we've teamed up with industry experts to put together a seminar that guides you through the process, outlining in 8 simple steps how to invest in Real Estate. (San Diego Union-Tribune -- Sports)
Will Congress Protect Roubideau and Escalante-Dominguez? Feb 3, 2008
BLM is the federal real estate broker for such natural resource development and the protection and withdrawal from further exploitation is generally part of the language of an NCA. Which areas will remain roadless has not been determined. Unlike some other parts of western Colorado, and much of the West, natural resources do not appear to be a major issue within the NCA and surrounding lands. (Montrose Daily Press, CO)
Six candidates vie Feb. 5 for five potential council seats Jan 27, 2008
Beverly Scott, 41, owns Beverly's Real Estate Services and Beverly's Business Design Services, and she manages Oakhurst Real Estate. As a fifth-generation resident of the area, Scott said her in-depth knowledge of Oakhurst puts her in a unique position to work toward things like improved health-care services and overall standard-of-living improvement. (Fresno Bee -- Local)
ATM gift card technology unwrapped Jan 22, 2008
Local restaurants among the first to make their cash machines multifunctional - The Business Journal of Phoenix. Members: Not Registered. (Phoenix Business Journal, AZ)
Foreclosures hit new highs Jan 16, 2008
Until that percentage drops, the housing market will not recover, said Norm Miller, a real estate professor with the University of San Diego ... Miller and others who study the real estate market said that the market provides some prime opportunities for buyers to find discounts on homes and condominiums. (North County Times)
Wal-Mart tests new small stores in Phoenix to compete with Fresh & Easy Jan 15, 2008
Wal-Mart tests new small stores in Phoenix to compete with Fresh & Easy - The Business Journal of Phoenix. Members: Not Registered. (Phoenix Business Journal, AZ)
TxDot courts small business contractors Jan 12, 2008
Members: Not Registered. for free extra services. (Dallas Business Journal, TX)
West Valley hit hardest by home price drops in 2007 Jan 11, 2008
MORE ON THIS TOPIC More real estate news at. . (AZCentral -- Business)
Prepping for re-entry Jan 8, 2008
Over the past few years, David Bourne and Chad Carpenter have sold 13 of the 14 office buildings their firm owned in San Diego County, cashing in on the sky-high prices that investors were paying for Southern California commercial real estate ... Now the co-founders of Equastone, a local real estate investment company that owns 58 buildings in eight states, are watching closely to see if they'll soon be able to buy again in San Diego at a discount ... The company and other real estate experts... (San Diego Union-Tribune -- Business)
Home construction up in mostly built out Tempe Jan 4, 2008
Luci Scott The Arizona Republic Jan. 3, 2008 12:29 PM. A total of 30 single-family homes were authorized to be built in Tempe in the third quarter of 2007, compared with 12 in the same period a year ago. (AZCentral -- Business)
County faces glut of office space Jan 4, 2008
A sluggish economy, credit crunch and rampant construction took their toll on San Diego's commercial real estate market in the fourth quarter, with office vacancies spiking to their highest level since 1996 ... Credit turmoil this fall, when big lenders took billions in write-downs on their subprime mortgage holdings, helped stall the commercial real estate market, according to CB Richard Ellis ... Dutch real estate investment fund Wereldhave, for example, bought Rob Lankford's 23-story Advanced... (San Diego Union-Tribune -- Business)
Short-sell strategy may fit mortgage crisis Jan 4, 2008
Thanks to recently passed federal legislation, getting out from under mortgages with a short sale is easier in the troubled Southeast Valley real estate market ... The lender often forgives the difference because it would get more from a short sale than a foreclosure, said Randy Kutz, co-owner of Phoenix Heritage Real Estate Group and Arizona Short Sale Experts ... But Kutz said the majority of short sales he deals with result from people who bought or refinanced houses at the peak of the real... (AZCentral -- Business)
Seacoast native Fuld a hit in Arizona Fall League Jan 2, 2008
TODAY'S WEATHER: M/CLOUDY 25. Durham native and former Phillips Exeter Academy standout Sam Fuld made his major league debut with the Chicago Cubs last season and continued his success in the Arizona fall league. (Seacoast New Hampshire)
Looking to settle Dec 22, 2007
It's a very important and positive trend that's been building in San Diego, said Mark Reed, a senior managing director in San Diego for CB Richard Ellis, a commercial real estate services firm. Many of the new law offices represent satellite operations for large firms with hundreds of attorneys in offices nationwide and even overseas. (San Diego Union-Tribune -- Business)
Group using recycled materials to test idea Dec 21, 2007
Group using recycled materials to make energy-efficient facility - The Business Journal of Phoenix. Members: Not Registered. (Phoenix Business Journal, AZ)
Foreclosure auctions gain steam Dec 16, 2007
8 percent, according to the National Council of Real Estate Fiduciaries and supported by ASU commercial real-estate indices ... MORE ON THIS TOPIC More real estate news at. (AZCentral -- Business)
SE Valley housing market decline continues Dec 13, 2007
The traditionally slow quarter for real estate won't improve until later next year, said Jay Butler, director of Realty Studies at Arizona State University's Morrison School of Management and Agribusiness. "It's the growing economic uncertainty, all the talk about 'Are we in a recession or aren't we in recession?' and the ongoing credit crunch," Butler said. (AZCentral -- Business)
Light rail condo project faces test with neighbors Dec 12, 2007
Jim Walsh Dec. 11, 2007 09:04 AM. In many ways, The Element is exactly what Mesa envisioned when it plotted the redevelopment of West Mesa as a light rail corridor. (AZCentral -- Business)
L.A. homes in on 'McMansions' Dec 11, 2007
But the issue has proved especially controversial in Los Angeles because its history and political culture are tied closely to real estate development. Residents of older neighborhoods complain that the proposed Los Angeles law doesn't go far enough to preserve privacy, views and the architectural character of existing houses on their streets. (Los Angeles Times)
Reliance Cos. begins Mesa airport development that could land 1,500 jobs Dec 8, 2007
begins Mesa airport development that could land 1,500 jobs - The Business Journal of Phoenix. Members: Not Registered. (Phoenix Business Journal, AZ)
'Ocean' To Be Built In Arizona Desert Nov 21, 2007
"It's about delivering a sport that's not typically available in an urban environment," said Richard Mladick, a real estate developer who persuaded business leaders in suburban Mesa to support the proposal, called the Waveyard. Artists' drawings of the park show surfers gliding through waves that crash onto a sandy beach, and kayakers navigating the whitecaps of a wide, roiling river. (CBS 4, CO)
News Digest: Nov 21, 2007
NEWSPAPERS IN EDUCATION. We haven t looked at concurrent enrollment or dual enrollment in a comprehensive way in a while, said Decker Sanders, the interim chief post-secondary academic officer with the Idaho State Board of Education. (Ontario Argus Observer, OR)
Is Your San Diego Home Appraisal Really Accurate? Nov 16, 2007
Real Estate News and Advice November 15, 2007 ... It's my opinion, in our current San Diego real estate market, that it is very rare for a buyer not to get concessions from the seller ... I'm not a licensed California appraiser, just a California licensed real estate broker with three decades of residential experience, many may not agree with the fact that these concessions reduce the real resale value of properties. (RealtyTimes)
Samuel Budiono: Harmonizing design and nature Nov 12, 2007
The exhibition, said to be the world's largest business-to-business property investment development event, was joined by more than 1,000 exhibitors from 150 countries and 45,000 real estate professionals. "I'm proud my design was recognized by the international community. This proves Indonesian architects can compete at an international level," Samuel told The Jakarta Post in Jakarta recently. (Jakarta Post, Indonesia -- Features)
Passenger numbers: Mesa down, go! up Nov 10, 2007
Passenger numbers: Mesa down, go. up - Pacific Business News (Honolulu). (Pacific Business News, HI)
Population pushes growth of trauma centers Nov 6, 2007
Valley population growth makes expansion a must - The Business Journal of Phoenix. Members: Not Registered. (Phoenix Business Journal, AZ)
Jos M. Aybar Nov 6, 2007
Nationwide search turns up five finalists for Mesa Community Colleges president - The Business Journal of Phoenix. Members: Not Registered. (Phoenix Business Journal, AZ)
Gold panning: Nature's slot machine Nov 3, 2007
"That's a lot of real estate. Gold is out there; it's not all gone," he says. Truppa, a full-time RVer, spends his winters in Stanton, another hot spot for Arizona prospectors. (AZCentral -- Travel)
Retailers fear dearth of cheer for holidays Nov 2, 2007
Losses in the real estate, construction and mortgage banking industries have cut job growth in the San Diego region in half ... When real estate prices recorded double-digit growth, homeowners treated their houses as ATMs, pulling out money for purchases big and small, said Marney Cox, the chief economist for the San Diego Association of Governments. (San Diego Union-Tribune -- Business)
More of this story Nov 2, 2007
Bentzen Levin Real Estate is organizing a clothing drive to aid those affected by the recent California wildfires ... The drop-off boxes are located at Bentzen Levin Real Estate (22611 Pacific Coast Highway), Pacific Coast Greens (22601 Pacific Coast Highway), Planet Blue (3835 Cross Creek Road) and The Malibu Inn (22969 Pacific Coast Highway). (Malibu Times, CA)
Tempe resale home prices continue fall Oct 18, 2007
A slow housing market is about to slow more, primarily because of the holidays and a desire not to move children during a school year, a Southeast Valley real estate analyst said Tuesday. The doldrums should begin to let up early next year with improvement in recorded sales becoming evident by March, said Jay Butler, director of Realty Studies at Arizona State University's Polytechnic Campus in Mesa. (AZCentral -- Business)
ECLIPSE Teams with Santa Monica Subaru and 'The Adam Carolla Show' to Customize Danny Bonaduce's Ride and Raise Money for At-Risk Kids in Los Angeles Oct 18, 2007
You no longer need to remember symbols. Simply type in a company name or stock symbol for instant results. (Yahoo! Wire -- Entertainment News)
Restaurants open, close as downtown evolves Oct 16, 2007
Restaurants open, close as downtown landscape evolves - The Business Journal of Phoenix. Members: Not Registered. (Phoenix Business Journal, AZ)
Mesa man agrees to testify against O.J. Simpson in robbery case Oct 16, 2007
Alexander, a real estate agent and Simpson golfing buddy, was the first man arrested in the case Sept. 15. He was freed without bail after initial questioning by police. (FOX 11, AZ)
S.D. office vacancies steady at about 12% Oct 11, 2007
Net absorption a real estate term that calculates the amount of space leased minus the amount vacated was 716,000 square feet, according to a recent report by CB Richard Ellis ... Carlsbad, with a vacancy rate of 24 percent, has seen tenants move into some of the new buildings in the market, said Mark Wayne of Burnham Real Estate ... CoStar, a real estate research firm, reported monthly asking rents of $3. (San Diego Union-Tribune -- Business)
Who Is the Odds-On Favorite To Be the 'Next Iron Chef'? Oct 4, 2007
Who Is the Odds-On Favorite To Be the 'Next Iron Chef. Financial News - Yahoo. (Yahoo! Wire -- Entertainment News)
Debbie Thompson BPW Woman of the Year Oct 4, 2007
After going back to school and selling real estate she decided to take the position at the Benson Chamber of Commerce. Thompson has been the executive director for about a year. (Benson San Pedro Valley News Sun, AZ)
AIRBORNE is #6 on North American Radio Chart! Sep 29, 2007
AIRBORNE is #6 on North American Radio Chart. Financial News - Yahoo. (Yahoo! Wire -- Entertainment News)
TASP to get new improved space in Capella building Sep 25, 2007
05 cents per square foot, which is a very generous real estate transaction. The good news is that TASP is gonna get a very good space, said Jonathan Sweet, board member of TMVOA. We re more than happy to make this space available. (Telluride Daily Planet, CO)
Displaced workers rolling with punches Sep 24, 2007
Casualties include workers with big lenders, smaller local mortgage firms, real estate agencies and title companies ... Bob Hakes, a real estate broker with his own firm in Mesa and a senior loan officer for Freedom Mortgage Corp., said some agents and mortgage brokers are staying in real estate part time and working in other fields while the market is down ... That's a far cry from when Phoenix and other previously hot real estate markets were seeing workers jump into real estate careers,... (Phoenix Business Journal, AZ)
Who's on time? Airlines fight for bragging rights Sep 18, 2007
Airlines fight for bragging rights - Pacific Business News (Honolulu). Members: Not Registered. (Pacific Business News, HI)
Company helps streamline property appraisal process Sep 17, 2007
Valley company aims to streamline property appraisal process with new software - The Business Journal of Phoenix. Members: Not Registered. (Phoenix Business Journal, AZ)
SEV housing market shows signs of improvement Sep 12, 2007
"I think the bottom line is that until the real estate market gets back to some balance between listings and sales, and confidence and liquidity are enhanced, we are not going to see much change in the new home market. We have got too many houses for sale. That's the bottom line.". The number of new and existing homes for sale has been rising every month. (AZCentral -- Business)
Carlsbad IT firm Phillips bought Sep 6, 2007
The buildings were developed this year by St. Croix Capital Corp. of San Diego for Arrowhead General Insurance, which is relocating from Sorrento Mesa to Carlsbad, said Barry Mahlberg of Burnham Real Estate, who worked on the deal. The buyer was Moderna Del Mar LLC. Arrowhead has leased the buildings for 12 years. (San Diego Union-Tribune -- Business)
Local Industry News & Notes Sep 2, 2007
Prior to building Keller Williams, which has 130 real estate agents and two offices on Maui, Woods spent 11 years as president of the Maui Chamber of Commerce. Pang, owner of Care Companions lting, will serve her second year on the board. (Lihue Garden Island, HA)
Allegiant Travel Co. Aug 28, 2007
Allegiant Air adds second Illinois city for Williams Gateway flights - The Business Journal of Phoenix. Members: Not Registered. (Phoenix Business Journal, AZ)
Officials celebrate effort that saved thousands of acres Aug 23, 2007
We just kind of put this group together and ecided that since the land was on the market for real estate development, and we didn t like that idea at all, we wanted to preserve some of the historic structures and save the land as public open space if we could possibly do it, Risch said Monday. We got organized in the fall of 1998 and really began the push in 1999, Risch said. (Telluride Daily Planet, CO)
Estate goes on sale for record $76 million... Aug 21, 2007
DEL MAR With stocks foundering and the real estate world reeling, here's a counterpoint: The owners of 5. 7 acres of prime oceanfront real estate have put an estate on the market for a record $76 million, three times what they paid seven years ago ... The owners, local venture capitalist Bill Stensrud and his wife, Carol, are out of the country and not available to comment, and their real estate agent, Brian Guiltinan, can offer only limited details of what is a highly secretive offering. (The Drudge Report)
Fast-growing Arizona city fights crime by targeting guns Aug 21, 2007
To fight crime, Mesa, Ariz. Gang tattoos are a key criterion for determining someone's criminal involvement. (Christian Science Monitor)
Allegiant Air to link Williams Gateway with Rockford, Ill. Aug 11, 2007
Allegiant Air to link Williams Gateway with Rockford, Ill. - The Business Journal of Phoenix. (Phoenix Business Journal, AZ)
Hawaiian, go! carry more July passengers Aug 11, 2007
carry more July passengers - Pacific Business News (Honolulu). Members: Not Registered. (Pacific Business News, HI)
Tucson court doles out jail time in bankruptcy fraud Aug 10, 2007
A federal court in Tucson has sentenced a Washington state couple to prison terms for their roles in a complex bankruptcy fraud scheme involving real estate and financial assets in Arizona and Pacific Northwest ... The filing involved transfer of real estate holdings and concealment of property and financial assets in their Chapter 7 Bankruptcy filing in Arizona, the court said. (Phoenix Business Journal, AZ)
