North Bay Business Journal

  • Commercial real estate: Madera Vista apartments get $65 million investment

    November 21st, 2011

    Denver-based Apartment Investment and Management Co. (NYSE: AIV) is betting about $65 million on the renovation of the 126-unit vacant apartment complex in Corte Madera, amounting to $516,000 a unit. Also: Rowland Plaza to be refi’ed not sold; San Rafael Corporate Center gets medical office rezoning; Deer Creek Village courts Friedman’s, Home Depot; Santa Rosa office short-sale lands big tenant.

  • New California short-sale law can help homeowners

    September 19th, 2011

    Short sales are increasing as a percentage of home sales, according to recent industry statistics. It’s not surprising since a successful short sale enables the distressed homeowner to sell her home for market value — even if it’s less than the loans against it — with lender consent, and move forward without a foreclosure on her record. Better yet, Fannie Mae has stated that you will be able to obtain a home loan five years earlier if your exit strategy is a short sale instead of a foreclosure.

  • Accounting: State OKs tax debt relief for struggling homeowners

    April 26th, 2010

    Jannicelli leaves Moss Adams to join Burr Pilger

  • Borrowers face risks in foreclosures, short sales

    February 8th, 2010

    NORTH BAY – With the rise of foreclosures and short sales, homeowners, commercial property owners and real estate investors should be looking out for some potentially costly pitfalls.

  • Guest contributor: Financial consequences of foreclosure, short sale can be devastating

    November 30th, 2009

    An unfortunate event in this economic crisis is the increase in short sales and foreclosures of homes.

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