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Marin multifamily housing developer plans $500 million in projects
May 6, 2013MILL VALLEY — Thompson Dorfman Partners, LLC, today said it plans to spend $500 million in the next three years building multifamily and mixed-use developments in Northern California and hired a veteran of such projects to oversee the expansion.
The 14-year-old company hired Gillian Sutton Cho as vice president of development to manage acquisition and entitlement of projects, including almost 1,200 Bay Area units in design, entitlement or construction.
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Improving home market lifts builder outlook
May 6, 2013Bob Glover oversees local-governmental affairs as part of his duties as executive officer of the Building Industry Association of the Bay Area.
He is set to be the keynote speaker at the Business Journal’s 2013 Construction Conference in Santa Rosa on May 15.
He spoke with the Business Journal about economic indicators that point to continued strengthening of homebuilding in the North Bay and the rest of the Bay Area as well as well as the headwinds builders continue to face seven years after the housing industry started a steep dive locally in shrinking sales, stalled and failed projects, and employment decline.
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People: Week of May 6, 2013
May 6, 2013Massage Envy Spa’s Santa Rosa location hired a certified massage therapist in March, Susan Losinski. …
The Meritage Resort and Spa in Napa hired an additional group sales manager, Mary Jo Baird. …
Jen Birmingham, a sales associate in Coldwell Banker Residential Brokerage’s Petaluma office, has been awarded membership in the company’s International Sterling Society, an honor bestowed upon the top Coldwell Banker sales associates worldwide. …
Coldwell Banker Residential Brokerage announced that Gary Sumner, a sales associate in its Santa Rosa office, earned membership in the company’s International Diamond Society. …
Sonoma-based marketing agency V2 Wine Group appointed industry veteran Ken Meyerson director of national retail accounts. …
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Redwood Trust announces strongest quarter since recession
May 2, 2013MILL VALLEY — Redwood Trust, Inc. (NYSE: RWT) today announced net income of $61 million for the first quarter of 2013, equivalent to 69 cents per diluted share and up 45.2 percent versus earnings in the first three months of last year.
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People: Week of April 29, 2013
April 29, 2013Melissa Bastianon and Cathy Miller are the newest members of Frank Howard Allen Realtors’ Sebastopol office. …
Michael Moffett, a Coldwell Banker Commercial Brokers of the Valley agent in Napa, earned a spot in the company’s Bronze Level Circle of Distinction. …
Jeanette Ditter, a sales associate in Coldwell Banker Residential Brokerage’s Santa Rosa office, earned membership in the company’s International Diamond Society. …
Petaluma-based Cyan appointed Joe Cumello chief marketing officer. …
Sonoma County Tourism certified its 500th “tourism ambassador”: Randy Johnson, owner of Getaway Adventures. …
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Napa housing projects sold for $39 million
April 25, 2013NAPA — Fifty-four rental townhomes and a 124-unit apartment complex on the Sheveland Ranch property in south Napa sold to a San Francisco real estate investment firm for $39.5 million.
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People: Week of April 22, 2013
April 22, 2013Bank of Marin hired Jim Burke as chief information officer. …
Zero Breast Cancer, a nonprofit organization in Marin County, will honor the following individuals and organizations for their contributions to the understanding of breast cancer: David Gullion, M.D., Carol Kronenwetter, Ph.D., Regan Fedric.
The 2013 Francine Levien Activist honorees are Stig Westling, MBA, Jonathan Mooney, MBA and Janine Elliott, MBA, co-founders of Skip to Renew, a company that was launched through the Dominican University Venture Greenhouse. …
Michael Gregory, sales associate with Coldwell Banker Residential Brokerage’s Petaluma office, has been awarded membership in the company’s International Sterling Society, an honor bestowed upon the top Coldwell Banker sales associates worldwide. …
Rebecca Celli, sales associate with Coldwell Banker Residential Brokerage’s Petaluma office, has earned membership into the company’s International President’s Circle, a prestigious honor bestowed upon the top Coldwell Banker sales associates worldwide. …
Sodaro Estate Winery appointed a new winemaking team: Denis Malbec and May-Britt Malbec. …
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North Bay home prices soar 20% to 31% on low supply
April 19, 2013Demand continues to outpace supply for housing markets in the North Bay and the Bay Area, and housing prices continue to climb skyward at double-digit rates, according to a monthly housing report by San Diego-based DataQuick.
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People: Week of March 11, 2013
March 11, 2013First Community Bank in January hired April Hines as chief financial officer and Jonathan Graves as vice president and commercial loan officer. …
Santa Rosa Chamber of Commerce’s board of directors elected Rolf Nelson, senior vice president of Exchange Bank, as 2013 chairman-elect. …
Brent Ainsworth, editor of the Novato Patch community news website and a former Marin Independent Journal reporter and editor, will join the county of Marin as public information officer. …
To Celebrate Life Breast Cancer Foundation, a volunteer-based organization whose goal is to ensure that no one faces breast cancer alone, appointed Jeanne Capurro the new president of its board of directors, and Rebecca Spencer and Gerard Bourguignon, Ph.D., as new board members. …
W Property Management hired Donna Nordby as North Bay director of management and leasing. …
Luann Scally joined 5th Street Financial in July as the sales manager as well as a mortgage loan office. …
Joe Scaramella joined Santa Rosa-based 5th Street Financial and W Real Estate as business development officer. …
Cline Cellars and Jacuzzi Family Vineyards hired Robert Hawk as regional manager for the Great Lakes territory. …
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Redwood Trust earnings quadruple in 2012
February 21, 2013MILL VALLEY — Redwood Trust, Inc. (NYSE: RWT) today reported net income of $132 million in 2012, with earnings from the company’s mortgage banking arm and lower loss provisions contributing to the marked increase over $26 million in net income for 2011.
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People: Week of Feb. 18, 2013
February 18, 2013Patsy Van Ouwerkerk, president and CEO of Travis Credit Union in Vacaville, was named chairman of the Solano Economic Development Corp. board of directors. …
Santa Rosa Chamber of Commerce announced its 2013 board of directors. …
Jonathan Eldridge was named vice president of student services for College of Marin. …
Jerry Dunn will become the new human services director for the county of Sonoma. …
James Keller has been hired by the Napa Sanitation District to fill the vacancy left by former plant manager Sharleen Maglione, who retired in December after 28 years with the district. …
Tom Kemper joined Coldwell Banker Residential Brokerage as a sales associate and technology consultant in its Santa Rosa office. …
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North Bay home foreclosures fall, sales rise
February 14, 2013New California legislation known as the “homeowner bill of rights” helped the rate of new foreclosures to plunge in the North Bay and beyond in January, while home prices and sales in general continued a steady upward climb, according to reports released today by Irvine-based foreclosure tracker RealtyTrac and San Diego-based real estate data service DataQuick.
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Business News: Week of Feb. 11, 2013
February 11, 2013The Climate Change Business Journal, a business research publication which provides high-value strategic business intelligence to the climate change industry, honored Marin Clean Energy among 34 companies and organizations for business achievement on criteria such as revenue growth, smart grid and energy management, low-carbon and renewable power, energy-efficiency innovation, renewable-energy integration, climate change adaptation projects, NGO activity. …
A proposal by Homeward Bound of Marin to create 14 small rental homes for formerly homeless working families has received a $600,000 grant from the Marin Community Foundation. …
The Jewish Community Federation of San Francisco, the Peninsula, Marin and Sonoma Counties announced its decision to award URJ Camp Newman a $1 million grant to support the redevelopment of the 65-year old camp located in Sonoma County. …
Farella Braun + Martel LLP celebrated its 50th anniversary with community service, including $500,000 in gifts and 5,000 hours of volunteering. …
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People: Week of Feb. 4, 2013
February 4, 2013College of Marin hired Jonathan Eldridge as new vice president of Student Services. …
Attorney Michael Pfeifer has joined Santa Rosa-based law firm Smith Dollar PC. Mr. Pfeifer will head the firm’s office in Orange. … Also joining the firm’s Orange County office are attorneys Annabelle de la Mora and Libby Wong. …
Buckelew Programs named Steve Eckert, LCSW, as the organization’s new executive director. …
Kim Kaselionis has been named to the governing board of the Women’s Inititative for Self-Employment, a national organization headquartered in Novato, and elected to the Marin Women’s Hall of Fame. …
The Press Democrat appointed Jennifer Williams as director of advertising. …
Blu Homes, Inc. announced that Gary Martell has joined the company as chief financial officer, based in Vallejo. …
Visit Napa Valley promoted Sonyia Grabski to vice president, consumer direct marketing. …
Cline Cellars and Jacuzzi Family Vineyards promoted Keith Morris to vice president and national sales manager. …
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North Bay home prices rise 10% to 27%
January 16, 2013North Bay home prices continued to climb upwards in 2012, part of an overall 32 percent year-over-year boost for housing prices around the Bay Area and the fastest median price increase in more than 25 years, according to a monthly real estate market report. Combined with a continued decrease in foreclosure rates, as indicated by a separate monthly report by Irvine-based foreclosure tracker RealtyTrac, the trend points towards gradual but steady recovery for the region’s housing market.
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EAH Housing receives $40,000 grant
January 10, 2013SAN RAFAEL — EAH Housing today said it received a $40,000 grant from the JPMorgan Chase Foundation that will help preserve affordable housing in Marin County and 10 other Northern California counties.
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State rejects Santa Rosa claims to Railroad Square funds
December 31, 2012SANTA ROSA — A dispute between state government money managers and the city of Santa Rosa over millions of dollars in redevelopment money, part of which the city deems necessary in coming months to kick-start a large Railroad Square transit-oriented project, escalated in the closing days of the year, as the city joined a growing number of local governments statewide not in a hurry to comply.
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The business impact of increased homelessness
December 31, 2012Newcomers to the Petaluma area are often surprised to learn that the graceful yellow building at the corner of Caulfield and Hopper streets is a homeless shelter — the Mary Isaak Center, operated by the Committee on the Shelterless (COTS). What may also surprise people is what could happen to local businesses if COTS was not in our backyard, a potential reality in light of significant government funding cuts.
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People: Week of Dec. 31, 2012
December 31, 2012Napa-based Coombs & Dunlap recently hired Karl Frisinger as an associate. …
Eric Fischer of Novato has joined Homeward Bound of Marin as chief financial officer. …
Connie Irwin of Pacific Union International in Kentfield was named “Realtor of the Year” by the Marin Association of Realtors. …
Robert Mondavi Winery has appointed Nova Cadamatre as winemaker. …
Rutherford Wine Company announced the appointment of John Trant as direct-to-consumer manager for Rutherford Ranch Winery. …
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Corte Madera apartments to get $33M makeover
December 17, 2012CORTE MADERA — A 126-unit vacant multifamily complex on a southern Marin County hillside overlooking the Richmond-San Rafael Bridge and San Francisco Bay is getting a $32.6 million makeover to have luxury apartments ready for tenants in the latter half of next year.
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