Articles About CA

Foreclosure filings declined eight percent in February, the smallest year-over-year decrease since October 2010, as lenders began working through a backlog of seized properties, according to RealtyTrac Inc. A total of 206,900 homes received notices of default, auction or repossession last month, down two percent from January, according to the data firm, which noted that […]

The abrupt departure of Steve Jobs from Apple marks the end of an era, although his leaving is unlikely to have an immediate impact on the company’s product line, according to analysts.  Jobs, 56, submitted his resignation to the Cupertino, CA-based Apple board of directors and asked that they name chief operating officer Tim Cook […]

A giant spaceship is destined to land in Cupertino, CA – at least if Apple CEO Steve Jobs gets his way with the city council.  The new building will accommodate 12,000 employees and house its own green-energy power plant.  Apple’s current headquarters accommodates approximately 2,800 people, Jobs said.  “We’ve got almost 12,000 people in the […]

Troubled Los Angeles-based office REIT Maguire Properties is facing default and currently is in discussions with a special servicer to resolve its financial woes.  The goal is to have the special servicer take over Maguire’s $106 million CMBS financing covering the Quintana office campus it owns in Orange County, CA.  The campus’s major tenant was […]