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Burbank Real Estate Search Resource News

Watch List (Nov. 16-22): Seismic Shocks (CoStar Group)
In this week's issue: CalPERS housing program loses $3.1 billion. Thomas Properties Group presses courts for needed $100 million from Lehman Bros. Non-performing matured loans boosting CMBS, CDO delinquencies. Rivals Cushman & Wakefield, CBRE thinking...
11/20/2008    

Ron Baron Buys Mohawk Industries Inc., Kaydon Corp., Advent Software Inc., Sells The Boeing Company, Automatic Data ... (Guru Focus)
Ron Baron had a bad year, it is so bad that he almost cancelled his annual shareholders' conference. But Ron Baron is still one of the best growth investor out there. If you are looking long term small cap ideas, look into his portfolio. Ron Baron owns 241 stocks with a total value of $15.4 billion. These are the details of the buys and sells for the third quarter. New Purchases: ACE, ADVS, ARG, ...
11/17/2008    

'Granny flats' let aging relatives live close -- but not too close (Los Angeles Times)
For some families, a second home on the same lot yields perks: You can keep tabs on aging parents, and the kids can spend more time with grandma. Their homes are too big, their friends have moved or their families are too far-flung. But those aren't the only reasons aging adults are moving into separate residences on their children's properties.
11/14/2008    

Point.360 Announces First Quarter Results (PR Newswire via Yahoo! Finance)
Point.360 , a leading provider of integrated media management services, today announced results for the three month period ended September 30, 2008.
11/13/2008    

Independent Filmmakers Hock Houses, Face Longer Odds Amid Cuts (Bloomberg)
Nov. 11 (Bloomberg) -- Neil Schulman is in a bind. The 55-year-old filmmaker borrowed $170,000 to complete ``Lady Magdalene's,'' a comedy about an Internal Revenue Service agent assigned to manage a legal Nevada brothel in tax default, he says.
11/11/2008    

No Panic in Downtown Office Market (Los Angeles Downtown News)
DOWNTOWN LOS ANGELES - As banking and other firms deal with major stock losses and layoffs, many office markets in the Los Angeles area have seen sharp increases in vacancy and drops in rental rates this year. Downtown's skyscrapers, however, are weathering the storm.
11/07/2008    

Valley's commercial property sector squeezed (Los Angeles Daily News)
The flood of mortgage defaults caused by the credit crunch has spilled and is now filling the channels of the San Fernando Valley's commercial property industry.
11/09/2008    

`High School Musical 3' Is Top Movie for Second Week (Update1) (Bloomberg)
Nov. 2 (Bloomberg) -- Walt Disney Co. 's ``High School Musical 3: Senior Year'' was the top film at U.S. and Canadian theaters for a second weekend, taking in $15 million in ticket sales.
11/02/2008    

Middle-class jobless swell homeless ranks in California (Boulder Daily Camera)
LOS ANGELES -- Colin never thought he'd wind up on Skid Row. As a middle-class father and business owner, he had achieved the American dream. But that all came crashing down recently when his coffee-bean importing business went under and the home he was renting in El Segundo went into foreclosure.
10/26/2008    

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