Residential Real Estate
The California Housing Finance Agency has approved $7 million to assist with the preservation and rehabilitation of Woodbridge Village Apartments, a 50-unit senior housing complex in St. Helena. It was the first project constructed with CalHFA permanent financing after the agency was created in 1975, with a $1.2 million loan that closed on January 31, 1978. With this latest financing, Woodbridge Village will be the first loan commitment using CalHFA’s Portfolio Preservation Loan Program. The Portfolio Preservation Loan Program provides acquisition, rehabilitation, and permanent loans for existing CalHFA-financed affordable multifamily housing to preserve and extend affordability.Economic Data
California State Board of Equalization announced that taxable sales in the nine-county San Francisco Bay Area rose 9.3 percent in the second quarter of 2011. Sales in Sonoma County rose 7.2 percent; in Marin, 4.3 percent; Napa, 7.4 percent; Mendocino, 7.7 percent; Solano, 7.2 percent and Lake, 11.3 percent.Health Care
The Orthopedic and Total Joint Replacement Program at Healdsburg District Hospital has ranked among the top 10 percent of hospitals nationwide for joint replacement care, and has repeatedly received recognition for producing excellent patient outcomes. HealthGrades, the nation’s leading independent medical rating organization, evaluates patient outcomes for 5,000 hospitals. Based on comprehensive analysis of patient mortality and complication rates, HealthGrades has this year acknowledged Healdsburg District Hospital Orthopedics for the fourth straight year with the Excellence Award for Joint Replacement. In addition to HealthGrades Joint Replacement awards, Healdsburg District Hospital has received industry honors from Avatar International for exceeding patient expectations four years in a row.
A multidisciplinary team of three members from Sutter Solano Cancer Center -- Patricia Seid, Rick Siefke and Karen Stilwell, competed nationally and were one of 50 teams selected to participate in an educational grant awarded by the National Cancer Institute. NCI’s education grant will allow the competitively selected teams to participate in a program called Quality of Life and Quality of Care for Oncology Family Caregivers, sponsored by the City of Hope National Medical Center in Duarte, Calif. The program consists of coursework that provides family caregiver education based on the four domains of quality of life: physical well-being; psychological well-being; social well-being; and spiritual well-being.Technology
Comcast announced that its Xfinity WiFi service is now available in California. For no additional charge to Xfinity Internet residential customers or Comcast Business Class Internet customers, Xfinity WiFi now provides fast wireless Internet access in select cities in Northern and Central California. Dozens of those hot spots are available in the North Bay, including in smaller towns. A full map is available at hotspots.wifi.comcast.com.
CrowdOptic, a maker of crowd-powered mobile applications, and San Rafael-based The Big Picture Film and Video Arts Inc., a leading provider of video production solutions for broadcast television, entered into a broad agreement to tag news reports in real time with the precise GPS location of the breaking news event -- a breakthrough capability in the electronic news gathering industry, where traditionally only a reporter's location is known. CrowdOptic technology will allow broadcasters with the The Big Picture to tag a breaking news event, such as a fire "in the hills," with a precise GPS location during a real time broadcast, which can be used to automatically cluster, verify and broadcast all photos and videos of that same location.Commercial Real Estate
First American Title Company of Sonoma County announced that it is moving its main Sonoma County office from its present location at 3333 Mendocino Ave., Santa Rosa, to 627 College Ave., Santa Rosa. The new office will open on Oct. 8.. First American’s downtown Santa Rosa operations at 400 E Street will remain at the same location. The College Avenue facility, which was built in the 1960s, housed KSRO radio station for more than 20 years, and more recently, George Peterson Insurance. The College Avenue office has undergone an extensive interior renovation that was designed to create a pleasant escrow closing environment. The main office phone number will remain as 707-544-1560.