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1. Board Room 8/28 Achievements Read comments...
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Valley Commerce Bancorp, the Visalia-based parent company of Valley Business Bank, reported a fourth-quarter profit of $793,000, or 25 cents per share, up from $764,000, or 24 cents per share, reported for 2010′s fourth quarter. Read comments

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1. Valley Business Bank parent reports profit Valley Commerce Bancorp, the parent company of Visalia-based Valley Business Bank, reported a profit of $859,000, or 27 cents per share, for the second quarter of 2011. Read comments...
2. Visalia-based bank increases profit Valley Commerce Bancorp, the Visalia-based parent of Valley Business Bank, reported a profit of $764,000, or 25 cents a share, for the fourth quarter of 2010. Read comments...
3. Valley business briefs: Porterville-based bank profits rise to $1.54m Sierra Bancorp, the Porterville-based parent company of Bank of the Sierra, reported a profit of $1.54 million, or 11 cents a share, in the fourth quarter of 2011. Read comments...
4. Valley Business Bank parent sets dividend Valley Commerce Bancorp, the Visalia-based parent company of Valley Business Bank, will provide a 5% stock dividend to its shareholders in June. Read comments...
5. Central Valley Community Bancorp reports 2010 boost Central Valley Community Bancorp reported an annual profit of $3,279,000, or 31 cents a share, for the 2010 calendar year -- a 26.7% increase over the $2,588,000, or 28 cents...

More than 1.2 million passengers traveled through Fresno Yosemite International Airport last year, bolstered by a restart of direct, nonstop flights to Guadalajara, Mexico, by two airlines. Read comments

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1. 1.2 milliion used Fresno-Yosemite airport in 2011 More than 1.2 million passengers traveled through Fresno Yosemite International Airport last year, bolstered by a resumption of direct nonstop flights to Guadalajara, Mexico, by two different airlines. Read comments...
2. Mexicana loss may cost Fresno $1 million Mexicana Airlines' suspension of daily flights between Fresno and Guadalajara could cost Fresno Yosemite International Airport nearly $1 million a year in lost income if the bankrupt airline doesn't resume...
3. Mexicana to suspend Fresno flights Mexicana Airlines will suspend its daily flights between Fresno Yosemite International and Guadalajara, Mexico, because of its deteriorating financial condition. Read comments...
4. Volaris airline plans Fresno-Mexico flights Low-fare airline Volaris filed its application Thursday with the U.S. Department of Transportation to begin international flights between Fresno Yosemite International Airport and Guadalajara, Mexico. Read comments...
5. Mexico flights skip Fresno, return to Sacramento It looks like Sacramento International Airport will be back in the international travel business before the year ends, but the same cannot be said for Fresno Yosemite International Airport. Read...

State officials Friday suspended the license of the contractor building a home in Milpitas where an immigrant carpenter was buried alive over the weekend when a trench collapsed over him.

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1. Unlicensed South Bay contractor gets 3 months in jail An unlicensed contractor who duped a company into hiring him will serve three months in jail and must pay $68,000 after pleading guilty to fraud charges in Santa Clara County...
2. Granite Bay contractor convicted A Granite Bay contractor who performed work in Yolo County without a license has been convicted of a felony charge of theft from an elder and two misdemeanors, Yolo County...
3. Contractor XL Construction opens Elk Grove office Bay Area contractor XL Construction on Tuesday announced the opening of an office in Elk Grove to handle the company’s Sacramento and northern California projects. The company, headquartered in Milpitas,...
4. Judge suspends state emissions rules enforcement A federal judge on Thursday barred California from enforcing its low-carbon fuel rules, saying they infringed on federal authority over interstate commerce of imports of crude oil and ethanol into...
5. SEC suspends trading of 17 penny stocks [AP ] - The Securities and Exchange Commission on Tuesday suspended trading for two weeks in 17 small stocks in a move it said was part of its efforts to...

SANTA CRUZ — A Santa Cruz man convicted in 2010 of stealing a Ben Lomond home will have to pay $1,895 in restitution to the rightful owners. Raymond Tate sentenced in May 2010 to five months in County Jail and three years’ probation for felony charges of filing false property records and

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1. Supervised release ordered for former Santa Cruz mortgage broker accused of embezzlement SANTA CRUZ — A 54-year-old former mortgage broker pleaded not guilty to embezzlement and all other charges on Thursday, and a Santa Cruz County Superior judge ordered her to be...
2. Supervised release ordered for former Santa Cruz mortgage broker accused of embezzlement SANTA CRUZ — A 54-year-old former mortgage broker pleaded not guilty to embezzlement and all other charges on Thursday, and a Santa Cruz County Superior judge ordered her to be...
3. Man who stole Ben Lomond home gets five months in jail SANTA CRUZ — The man who used fraudulent documents to take ownership of a home that wasn't his was sentenced today to 150 days in County Jail and three years...
4. New limits, permit fees for Santa Cruz vacation rentals under review SANTA CRUZ -- Owners of vacation rental homes will likely face a tiered system of regulation where properties will be subject to new restrictions based on their location....
5. RT @MaryPopeHandy: Showing Colleen the coast! (@ Santa Cruz Surfing Museum) [pic]: http://t.co/rlkaKCkl MaryPopeHandy: Showing Colleen the coast! (@ Santa Cruz Surfing Museum) [pic]: http://t.co/rlkaKCkl...

Bay Area residents struggling to find ways to stay in their homes and pay their monthly mortgage are encouraged to check out a free foreclosure prevention seminar Saturday in Antioch.

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1. DeSaulnier to host free foreclosure prevention workshop in Antioch Saturday Bay Area residents struggling to find ways to stay in their homes and pay their monthly mortgage are encouraged to check out a free foreclosure prevention seminar Saturday in Antioch....
2. State Fund offers free seminar on claims State Fund, California's largest provider of workers' compensation insurance, will offer a free seminar from 8:30 to 11 a.m. Oct. 19 to help employers learn about their legal obligations during...
3. Wells Fargo offers free mortgage workshop Wells Fargo & Co. is hosting a free, two-day workshop for its mortgage customers in Sacramento next month. The workshop is for mortgage and home equity customers facing financial hardship,...
4. RT @LavernaHamalak: RT @77ozzie: At SFU this Friday night and all day Saturday – LEARN INVESTING IN US AND CANADA. LEARN HOW TO get the course for free! htt … LavernaHamalak: RT @77ozzie: At SFU this Friday night and all day Saturday - LEARN INVESTING IN US AND CANADA. LEARN HOW TO get the course for free! htt ......
5. Lake Solano Park to host guided interpretative walk on Saturday Area nature lovers and those interested in Native American culture are invited to participate in Saturday's guided interpretative walk at Lake Solano Park, along Putah Creek. The docent-led hike begins...

More than 1.2 million passengers traveled through Fresno Yosemite International Airport last year, bolstered by a resumption of direct nonstop flights to Guadalajara, Mexico, by two different airlines. Read comments

Landlords and Property Managers, be sure to check out these Property Management Articles:

1. Fresno’s airport enjoys third-busiest travel year More than 1.2 million passengers traveled through Fresno Yosemite International Airport last year, bolstered by a restart of direct, nonstop flights to Guadalajara, Mexico, by two airlines. Read comments...
2. Mexicana loss may cost Fresno $1 million Mexicana Airlines' suspension of daily flights between Fresno and Guadalajara could cost Fresno Yosemite International Airport nearly $1 million a year in lost income if the bankrupt airline doesn't resume...
3. Mexicana to suspend Fresno flights Mexicana Airlines will suspend its daily flights between Fresno Yosemite International and Guadalajara, Mexico, because of its deteriorating financial condition. Read comments...
4. Volaris airline plans Fresno-Mexico flights Low-fare airline Volaris filed its application Thursday with the U.S. Department of Transportation to begin international flights between Fresno Yosemite International Airport and Guadalajara, Mexico. Read comments...
5. Mexico flights skip Fresno, return to Sacramento It looks like Sacramento International Airport will be back in the international travel business before the year ends, but the same cannot be said for Fresno Yosemite International Airport. Read...

Sunwest Fruit Co. in Parlier is among the state’s leading suppliers of peaches, plums and nectarines. Now, the privately owned company is being recognized for its environmental efforts. Read comments

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1. Parlier health clinic plans ceremony today A steel beam-signing ceremony today will kick off the next phase of construction for the 20,000-square-foot administrative and dental facility at United Health Centers in Parlier. Read comments...
2. Tree fruit marketing programs lose support A grower-funded marketing program aimed at promoting California peaches and nectarines will soon cease to exist after farmers failed to provide enough votes to keep it going. Read comments...
3. Business briefs: Bank saluted for Valley service Rabobank is receiving a $304,000 award from the U.S. Treasury Department's Bank Enterprise Awards program for its efforts to make housing loans and provide other financial services in several economically...
4. E&J Gallo pledges growth, new grower contracts Joseph Gallo, head of the largest family-owned winery in the world, reinforced his commitment to California's wine industry Friday with a pledge to enter into new grower contracts worth thousands...
5. Groups urge Brown to reject pesticide A coalition of environmental and farmworker groups urged Gov.-elect Jerry Brown to stop California from approving a controversial agricultural pesticide after he takes office, citing links to cancer made by...

Economic indictors for the central San Joaquin Valley dipped in January, foretelling slow or no growth in the region over the next three to six months, according to a monthly survey of business leaders. Read comments

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1. Valley business survey: Confidence up, growth still weak A monthly survey of Valley businesses suggests improving confidence among company leaders as well as positive but weak growth in the region's economy. Read comments...
2. Valley economic index slides in December An overall economic indicator for the Valley fell in December pointing to slow or no growth in coming months. Read comments...
3. Valley job regrowth outlook: slow pace, low pay Jobs will return this decade to the central San Joaquin Valley. Read comments...
4. Valley survey forecasts economic growth The Valley's economy is expected to grow over the coming months, but a regional business survey conducted for Fresno State suggests it won't be enough to have a significant effect...
5. Slow economic recovery expected for Valley Economists at the University of the Pacific say recovery in the Central Valley is going to be a longer, more drawn-out process than most in the hard-hit region are hoping...

Bay Area residents struggling to find ways to stay in their homes and pay their monthly mortgage are encouraged to check out a free foreclosure prevention seminar Saturday in Antioch.

Landlords and Property Managers, be sure to check out these Property Management Articles:

1. DeSaulnier to host free foreclosure prevention workshop in Antioch Saturday Bay Area residents struggling to find ways to stay in their homes and pay their monthly mortgage are encouraged to check out a free foreclosure prevention seminar Saturday in Antioch....
2. State Fund offers free seminar on claims State Fund, California's largest provider of workers' compensation insurance, will offer a free seminar from 8:30 to 11 a.m. Oct. 19 to help employers learn about their legal obligations during...
3. Wells Fargo offers free mortgage workshop Wells Fargo & Co. is hosting a free, two-day workshop for its mortgage customers in Sacramento next month. The workshop is for mortgage and home equity customers facing financial hardship,...
4. RT @LavernaHamalak: RT @77ozzie: At SFU this Friday night and all day Saturday – LEARN INVESTING IN US AND CANADA. LEARN HOW TO get the course for free! htt … LavernaHamalak: RT @77ozzie: At SFU this Friday night and all day Saturday - LEARN INVESTING IN US AND CANADA. LEARN HOW TO get the course for free! htt ......
5. Lake Solano Park to host guided interpretative walk on Saturday Area nature lovers and those interested in Native American culture are invited to participate in Saturday's guided interpretative walk at Lake Solano Park, along Putah Creek. The docent-led hike begins...

Larkspur Hotels has sold another property from its four-star hotel collection.

This time a direct competitor was the buyer: Kimpton Hotels snapped up the 84-room Riverplace, gaining itself a third property in Portland, Oregon. Terms of the deal were not immediately available.

Larkspur has been selling off its four-star properties piecemeal since Farallon Capital, its partner in the properties, decided to get out of its investment in June 2011. The first Larkspur Collection sold to LaSalle Hotel Properties in October 2011…

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1. MetWest Terra buys two Larkspur Collection hotels Larkspur Hotels has lost two more of its Larkspur Collection hotels: the 102-room Lodge at Tiburon and the 115-room Toll House in Los Gatos. MetWest Terra Hospitality in Jackson Hole...
2. MetWest Terra buys two Larkspur Collection hotels Larkspur Hotels has lost two more of its Larkspur Collection hotels: the 102-room Lodge at Tiburon and the 115-room Toll House in Los Gatos. MetWest Terra Hospitality in Jackson Hole...
3. MetWest Terra buys San Francisco’s Hotel Abri from Larkspur MetWest Terra has snapped up a third hotel from Larkspur Hotels, growing its Bay Area portfolio to four properties. The Jackson Hole-based hospitality company said its affiliate has bought the...
4. LaSalle buys Larkspur’s Villa Florence hotel for $67.2M The Villa Florence, one of the 11 Larkspur Hotels properties put on the block in June, has sold. Real estate investment trust LaSalle Hotel Properties snapped up the Union Square...
5. Fund presses Larkspur to sell 11-hotel portfolio A portfolio of 11 of Larkspur Hotel & Restaurants’ best West Coast properties are up for sale. The hotels are owned as a joint venture between Larkspur and Farallon Capital...

New York Attorney General Eric Schneiderman sued banking’s Big Three — J.P. Morgan Chase, Bank of America and Wells Fargo — on Friday over their use of an electronic mortgage database that played a key role in financing the nation’s historic housing bubble.

Schneiderman, who gained additional clout last month when President Obama named him co-chairman of a new federal mortgage-crisis unit, filed suit against Bank of America, (NYSE: BAC) Wells Fargo (NYSE: WFC) and J.P. Morgan Chase (NYSE: JPM) in New York State Supreme Court…

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1. Federal regulator sues Bank of America, others over faulty mortgages The Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac, on Friday sued J.P. Morgan Chase, Bank of America and other major banks seeking to recover billions in...
2. Bank of America, Wells, Chase, others agree to fix foreclosure errors The nation’s 14 largest banks agreed to address problems in their foreclosure procedures, according to a consent decree released by regulators Wednesday. Wells Fargo, (NYSE: WFC) Bank of America (NYSE:...
3. Bank of America, Wells Fargo investigated over home insurance New York State is looking into large banks’ practice of force-placed home insurance on troubled borrowers, according to the New York Times, citing a person briefed on the investigation. The...
4. Bank of America shares slammed as woes mount Bank of America came under renewed pressure on Wall Street Friday on news that the nation’s largest bank is under intense scrutiny by regulators and is one of several banks...
5. Wells, BofA, Chase blamed for modification failures The Obama administration has faulted the nation's three largest mortgage lenders for failing to help people modify their home loans, the New York Times reports. The Treasury Department said Wells...

Sacramento real estate developer Sotiris K. Kolokotronis filed for personal bankruptcy Friday, listing debts of more than $130 million and assets of $3.2 million.

Concurrent with the filing, his bankruptcy attorney Walter Dahl issued a news release that said Kolokotronis’ continuing dispute with an investment firm triggered the filing.

That firm, an entity of Ayres Advisors of San Diego, has been pursuing a $16.5 million judgment against Kolokotronis for several years. The Chapter 7 liquidation case could resolve that judgment and protect some of Kolokotronis’ personal assets…

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1. Sacramento developer Kolokotronis loses assets appeal An appeal by Sacramento developer Sotiris Kolokotronis over a $16.6 million mortgage made on a proposed Elk Grove subdivision during the mortgage boom was ruled in favor of the investors...
2. Lehman files new bankruptcy liquidation plan [Reuters ] - Lehman Brothers Holdings Inc filed a new $65 billion bankruptcy liquidation plan that it said has won wider support, possibly setting the stage for the end of...
3. Patri Merker files Chapter 7 bankruptcy The influential San Francisco architectural firm Patri Merker Architects has filed for Chapter 7 bankruptcy. The firm, which worked on projects ranging from the redesign of Union Square in San...
4. Wife of developer sues for malicious prosecution over assets From Michael Shaw's blog: Matina Kolokotronis, Sacramento Kings president of business operations, is fighting back against a Southern California company that has been pursuing the business assets of her estranged...
5. PMI Group files for bankruptcy Walnut Creek-based PMI Group, one of the nation’s largest mortgage insurers, filed for Chapter 11 bankruptcy Wednesday, marking the latest casualty of the historic housing bubble. PMI suffered a major...