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Los Gatos-Based HGTV House-Flipper Sentenced to Four Years In Jail for Real Estate Fraud – SFist

Who’d have thought that a house-flipping character calling himself “Mr. Flip It” on an HGTV reality show would be neck-deep in real estate fraud? South Bay man Charles “Todd” Hill was just sentenced to four years for a $10 million scheme. In 2014, there was an HGTV reality show called Flip It to Win It. (It lasted one season). It was set in Silicon Valley, and the premise of the show was “five teams of expert flippers bid against each other for abandoned houses sight unseen.” In the trailer below,…

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Bay Area Christians fight city over ‘hostile and targeted’ cross removal: ‘Discriminatory action’ – Fox News

A California club is fighting to get its cross back on what they say is their private property after an atheist group campaigned for it to be removed.  Fifty years ago, a devout Christian asked the Albany Lions Club to build and maintain a large lighted steel and plexiglass cross on his private land, to be lit during the Christmas and Easter seasons. When lit, the cross is visible for miles, which the group says sends “its message of God’s love and as a comfort to the Christian community.”  The…

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Silicon Valley tiny home sells ‘considerably’ over $1.7M listing price: report – KGO-TV

CUPERTINO, Calif. (KGO) — A tiny home in Cupertino that went viral for its $1.7 million listing price is now under contract. After receiving eight offers, the one-bedroom, 384-square-foot home was sold “considerably over asking,” the agent told SF Gate. PREVIOUS STORY: Looking to buy a home in Bay Area? Here’s what $1.7M will get you in Silicon Valley The small home might not be what people are paying for, but instead, it’s the potential of a 7,841-square-foot lot it is on. The property’s final price won’t be revealed until…

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Bay Area Landlords Sue FDIC Over First Republic Bank Leases – The Real Deal

Bay Area office landlords have filed separate lawsuits against the Federal Deposit Insurance Corporation, accusing the agency of giving lowball offers to settle unpaid rent claims against shuttered lender First Republic Bank.   The three lawsuits, which involve rejected First Republic leases in Walnut Creek, Noe Valley and Greenbrae, outline claims of $48.3 million in unpaid rent. Out of that total, the FDIC only approved payouts totaling nearly $1.5 million.  The FDIC was appointed as the receiver of the failed bank in May 2023. The closure was the second-largest bank collapse…

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Tech titan widens real estate shopping spree to grab Bay Area properties – The Mercury News

(Google Maps) 222 Commercial Street in Sunnyvale, an office and research building. SUNNYVALE — A tech titan has widened its shopping spree for Bay Area real estate by purchasing a nondescript building in the South Bay, a buying binge that is now well over a quarter-billion dollars. Applied Materials paid $15 million to buy an industrial and warehouse building in Sunnyvale, according to documents filed on April 9 with the Santa Clara County Recorder’s Office. The building is located at 222 Commercial Street in Sunnyvale and totals 24,000 square feet,…

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High-profile venue will close doors in fresh jolt to downtown San Jose – The Mercury News

(Dai Sugano/Bay Area News Group) Jenna Silva, a San Jose resident, receives instructions on ax-throwing during a visit to Axe-Men Throw House at 14 South Second Street in downtown San Jose, March 2022. SAN JOSE — A high-profile downtown San Jose venue, weighed down by a sour California business climate and city rules, will shut its doors within days in a fresh blow to the city’s frail urban core. Axe-Men Throw House, located near the corner of South Second Street and East Santa Clara Street, will cease operations this month,…

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Abbott Laboratories to close Bay Area site; almost 200 jobs to be cut – The Mercury News

Abbott a Medical equipment manufacturer in Fairfield is set to close its doors eliminating 165 jobs. (Chris Riley/The Reporter) Fairfield Abbott Laboratories has given notice that it will be closing its Fairfield location later this year, meaning the loss of nearly 200 jobs. A Worker Adjustment and Retraining Notification has been filed with the state, indicating that 195 employees will be laid off and the plant will be closed. Founded in 2004, the Illinois-based health and nutrition manufacturing company — known for brands including Similac infant formula, Pedialyte electrolyte drinks…

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