“By taking a time-tested process, offering a competitive bidding environment, and implementing a stringent vetting process for highly qualified and motivated bidders, MLUX Exchange gives sellers a new, end-result-driven way to sell their distinctive residences,” commented McMonigle. “Our solution-oriented platform maximizes values and removes sellers from the hassle of selling a home. By monetizing assets instead of liquidating them, we offer our clients an innovative, easy alternative to traditional real estate transactions.”

In the same manner that the distinguished auction firms have successfully created a market for luxury art, wine and jewelry by allowing bidders to compete in an open and transparent exchange, so too has established itself as the premier platform for the sale of luxury real estate where true market values are best realized at auction.

The dedicated and knowledgeable sales associates of MLUX Exchange are intimately familiar with their local markets. They prepare each property for auction while implementing an aggressive marketing campaign that maximizes exposure.

In today’s dynamic new real estate market, home buyers and home sellers alike need to know without a doubt that they are receiving the finest deal available to them. With MLUX Exchange luxury auction platform, clientele on both sides of a transaction are assured true value in a competitive environment that, by its very nature, confirms value. A tremendous alternative for sellers who desire a date-certain sale, MLUX Exchange helps build a sense of urgency among pre-qualified buyers. In turn, prospective buyers are able to review all documents associated with a pending auction, online, before they commit.

MLUX Exchange is the new way to buy and sell real estate. It offers an innovative process to ease the challenges of selling and acquiring luxury homes for both the buyer and seller by creating a multimedia approach that is an extension of the physical real estate experience. While traveling the world or in the privacy of their own homes, MLUX Exchange’s clientele can engage directly with available real estate on offer.

MLUX Exchange utilizes the web to provide efficient access and context for a broader audience interested in luxury real estate, therefore increasing value and shortening transaction time. Its innovative live bid process is founded on the heritage of the auction but is directed towards a generation of connoisseurs who see the web as a viable space to conduct their business from anywhere in the world. MLUX Exchange’s platform of luxury real estate auctions gives new access points to a diverse range of modern real estate needs and transaction timing in the utmost of transparency and free of geographical constraints.

For more information, visit www.mluxechange.com, follow it on Facebook, or contact John McMonigle at 949.735.1004.

“At M Resolution, we recognize the need among those holding distressed properties or non-performing assets in the high-end market to receive strategic planning and lien negotiation services,” noted John McMonigle, company founder. “We work hand in hand with our clients to identify innovative solutions that will help them make an informed choice.”

“Teles Properties is proud to have M Resolution on the team. With the current complex financial and economic environment, it is very important that our clients receive the right support and information to make sound business decisions,” commented Peter Hernandez, president and broker of record with Teles Properties.

“Having a firm that understands the complexity involved in wealth preservation while providing innovative solutions to its clientele is a competitive advantage that any successful real estate venture will benefit from,” added McMonigle.

M Resolution’s staff of qualified real estate professionals helps to create strategic plans, negotiate payoffs with lenders and lien holders, and assist people in creating a blueprint for a fresh start so they can move forward in their life. Working with luxury property agents, high-net-worth individuals and institutions, the company strives to reach its goal of streamlining the process and creating a win-win outcome for both property holders and agents.

M Resolution is driven by transactional transparency, collapsing time frames, providing oversight and education with an eye on rebound, recovery and re-entry for the distressed homeowner. One of its primary competitive advantages is the state-of-the-art-technology it utilizes to manage properties, vendors, tasking and agent/buyer performance. Another is its ability to demonstrate to homeowners a plan to re-enter the marketplace with its proprietary Fresh Start Program, which provides a clear path for helping homeowners recover and rebound.

For further information regarding M Resolution Group, contact Amy Sessner, Director of Loss Mitigation, at 949.463.1409 or amy@mresolutiongroup.com; and Shelly Cofini, Chief Strategist, at 949.922.3698 or shelly@mresolutiongroup.com.

“While Ron’s success is impressive, it’s not altogether surprising,” noted Peter Hernandez, President and broker of record with Teles Properties. “He gives each and every client more than 40 years of experience in luxury real estate sales stretching from the Balboa Peninsula down to South Laguna. His expertise has garnered him a large portfolio of repeat buyers and sellers, and has placed him at the top of the industry in coastal Orange County.”

Over the first three months of 2012, Ron has represented the buyer of a Laguna Beach ocean-view contemporary masterpiece; just closed on a $7.880 million custom estate in Crystal Cove, representing both buyer and seller; closed on a South Laguna Beach historic oceanfront estate listed at $8.495 million, in which he used creative financing to effect the sale; and sold three high-end properties in Newport Beach’s exclusive Belcourt community, representing both buyer and seller in two of those listings. He has represented buyers and sellers through the short-sale process and REO properties as well.

As an established and well-respected agent and longtime resident of Newport Beach, Ron Felsot knows Orange County luxury real estate inside and out. His extensive knowledge offers a distinct advantage to clientele in the preferred communities of Newport Beach, Newport Coast, Crystal Cove, Laguna Beach, including exclusive bay- and waterfront estates along South Orange County’s Gold Coast.

With a coveted mix of valued counsel and market insight, backed by the marketing strength of Teles Properties and the McMonigle Team, Ron provides his clients with peace of mind that is a rare reward in today’s market. His intrinsic understanding of the value of location and all aspects of development and construction, combine to ensure the best financial outcome possible for buyers and sellers.

Ron Felsot and the McMonigle Team are part of Beverly Hills-based Teles Properties, which provides an incomparable experience throughout Southern California with offices in Beverly Hills, Brentwood, Pasadena and Newport Beach. Its leadership team brings a broad spectrum of knowledge in technology, research, finance, legal services and luxury residential sales to the forefront of real estate. The company welcomes only the most productive, talented, and professional agents and staff. Together, Teles uses its experience to garner clients the finest buying or selling experience possible. For more information about Teles Properties and the McMonigle Team, visit telesproperties.com. To contact Ron Felsot, call 949.466.4450 or email directly at ron.felsot@telesproperties.com.

“The Corona del Mar Chamber of Commerce is very proud to have the support of Casey Lesher throughout the years.  Casey’s generous contributions to the community and his active membership has been a true example of a dynamic community partner.  Casey’s strategic business knowledge and dedication to the community he serves is truly a pleasure and undoubtedly contributes to his successes in the Real Estate,”  says Linda Leonhard, President, Corona Del Mar Chamber of Commerce.

On June 2nd, Lesher will sponsor the 31st Annual Corona del Mar 5k, where people from all over the state are invited to participate. Presented by the Corona del Mar Chamber of Commerce and City of Newport Beach, this event draws thousands of people each year for a scenic race (or walk as some may prefer) along the enchanting streets of Corona Del Mar. The race ends along the bluffs of Big Corona State Beach with restaurant row, merchant booths and live entertainment for all to enjoy afterward. Proceeds from the event assist community youth, senior and business programs.

In September, Lesher sponsors the Coastline Car Classic, a seaside celebration of the automotive pursuit. This highly publicized and very worthwhile charitable event provides a meaningful contribution to the Pediatric Cancer Research Foundation. Established in 1982, the foundation is dedicated to improving the care, quality of life and survival rate of children with malignant diseases. For more information on the foundation, please visit http://www.pcrf-kids.org/

To close the year, Lesher will sponsor the 34^th Annual Corona Del Mar Christmas Walk, benefitting the U.S. Marines Toys-for-Tots Program. The event draws thousands of people to the streets of Corona del Mar to enjoy a variety of live entertainment including musicians, stilt walkers, balloon artists, carolers, dancers, bounce houses, vendors, opportunity drawings, Santa visits, and much more. This year, visitors are strongly encouraged to bring unwrapped toys to one of the many drop stations throughout the village. For more information on U.S. Marines Toys-for-Tots Program, please visit http://www.toysfortots.org/

The Corona del Mar Chamber of Commerce serves as a strategic business resource dedicated to developing the local business environment and enhancing the quality of life in Corona del Mar. The Chamber works closely with the Business Improvement District and the City of Newport Beach. They continue to take a strong position to preserve the charming seaside village atmosphere while supporting the enhancements of physical improvements and new trends in the heart of the village.

Teles Properties provides an incomparable experience throughout Southern California with offices in Beverly Hills, Brentwood, Pasadena and Newport Beach. Its leadership team brings a broad spectrum of knowledge in technology, research, finance, legal services and luxury residential sales to the forefront of real estate. The company welcomes only the most productive, talented, and professional agents and staff. Together, the Teles team uses its experience to give clients the finest buying or selling experience possible. For more information about Teles Properties, visit telesproperties.com.

For more information about getting involved in these events please contact Casey Lesher, clesher@telesproperties.com,  ph. 949.702.7211

Srivatsaa will speak on the “Power of Analytics,” a topic close to his heart, and will outline the insights from the creation of Teles Intelligence, a data analytics think tank that will launch in February 2012.

“Research and Analytics has been one of the foundational pillars of Teles since the very beginning,” said Peter Loewy, CEO of Teles Properties. “Sharran brings a unique background and skillset to take our offering to the next level with Teles Intelligence. We are excited that he is going to share his passion for the topic and his insights on the process with the leaders in our community at the Real Estate Connect Conference.”

Links to the conference:

• Conference Website
• Speakers
• Sessions and Agenda
• Twitter: @InmanConnect and #ICNY

About Teles Properties

Teles Properties was founded in Beverly Hills in 2007 by a group of real estate veterans who believed that there was a more modern and efficient way to represent residential real estate. Since then, Teles has proved itself to be a progressive, technology-oriented boutique real estate firm serving key markets in Los Angeles and Orange counties. With offices in Beverly Hills, Brentwood, Newport Beach and now Pasadena, Teles recently launched an International Division to link buyers to properties around the globe.

For more information, please contact Peter Hernandez at 424-203-1800.

The home is listed by Teles Properties’ Pegi DiRienzo. A full-time real estate agent with a unique level of professionalism, a stunning track record of achievement and a broad knowledge of the residential real estate business, Pegi DiRienzo combines a lifelong passion for homes with rock-solid Midwestern values. She is consistently ranked in the top 1% in production nationwide and she has been the #1 realtor in Turtle Rock since 2003. A Turtle Rock resident since 1985, Pegi specializes in Turtle Ridge, Shady Canyon, Newport Coast, Newport Beach and corporate relocation with buyers all over South Orange County. Pegi DiRienzo’s honesty and integrity are matched by her passion for the real estate business and her dedicated commitment to her clients. She can be reached at 949.230.4663 or via email at pegi.dirienzo@telesproperties.com

On the weekend of December 10^th, the public is invited to drive by and drop off unwrapped toys at a value of $10.00 or more to volunteers. Volunteers will be collecting toys from 8AM until 4PM on both Saturday and Sunday at “Fork Plaza” 200 Bellefontaine located just South of Huntington Hospital in Pasadena. The best gifts are those suitable for children and teens ages 5 through 17.

“We are so excited about the Toy Drive!” said Anthony Guthmiller, Director of Development & Marketing at the AIDS Service Center.  “We could not do the work that we do without the continued and generous support of the community.  Awareness is critical to not only caring for those affected by HIV/AIDS, but also in the stopping of the disease.”

The AIDS Service Center serves an increasing diverse population and provides services appropriate to a wide range of cultures, lifestyles and languages. They work hard to provide social services including health care, mental health counseling, family support, housing and legal assistance, transportation services, treatment advocacy/education and food distribution for thousands in need.

Another organization behind the “Put the Fork in Hunger” Toy Drive is Five Acres, a child and family services agency here in Los Angeles. Their work strengthens families and prevents child abuse through treatment and education in community-based and residential programs. Originally established as an orphanage in 1888, today Five Acres offers an array of services including a residential treatment center, a non-public WASC-accredited school, mental health services, foster care, adoption services and domestic violence prevention.

“Five Acres is grateful to the generous people of greater Los Angeles who are helping to ensure that abused, neglected and vulnerable children know that someone cares about them this holiday.  Thank you for sharing the true spirit of the season,” said Cathy Clement, Director of Philanthropy at Five Acres.

Teles Properties was formed in 2007 to create a dynamic partnership between client, agent and company – a partnership with purpose unlike any other.  One of the main components is giving back to our neighborhoods and communities, which is part of the Teles’ Gives Back campaign.  By developing an interactive relationship with our communities where we live, we are able to make a difference as well as raise the experience for our clients to a whole new level of unparalleled service.

For more information on how to get involved, please contact the following;

Philip A. Coombes, Agent- Teles Properties, Inc; Public Relations, Put The Fork In Hunger Toy Drive, 626.644.3227, Phil@AgentPhil.com

Peter Hernandez, President & Broker of Record, Teles Properties, Inc., 424.203.1800, peter.hernandez@telesproperties.com

Anthony Guthmiller, Director of Development & Marketing, AIDS Service Center, 626.441.8495 ext. 241, AMG@aidssc.org

Kristina Sarenas, Public Relations & Volunteer Coordinator, Five Acres, 626.798.6793 ext. 2279, ksarenas@5acres.org

Tracey S. Kardash, Director of Development, Union Station Homeless Services, 626.240.4558

Under Teles’ Real Estate Agent, Phillip Coombes leadership, the “Put the Fork in Hunger” campaign produced over 10,300 pounds of food last weekend for the Pasadena Union Station Homeless Services. According to Rabbi Marvin Gross, the Union Station’s chief executive officer, the food collected by the campaign will provide an estimated 10,000 meals for people across the area. Much of the donations will be used for the Station’s annual Thanksgiving Dinner event.

The drive was held in Pasadena where Pasadena and Saint John avenues diverge, the current home of the now-famous “Fork in the Road” sculpture. Two years ago, Coombes, and his friends Bob Stane and Ken Marshall celebrated the art sculpture by organizing the first “Put the Fork in Hunger” food drive which generated two tons of food. Two years later, the drive has nearly tripled its takings for the community.

“We at Teles Properties are very happy to be involved in this worthwhile food drive. We all know it has been a challenging economic environment. Yet, the real estate community is known for its outreach and giving back to the communities we work in and love,” said Phillip Coombes.  “As the Holiday season approaches, we reflect on all we have to be thankful for, and to help those in need. Please join us as we work to make the “Put a Fork in Hunger” food drive a wildly successful event”

Last year, the fork was missing from the food drive due to its removal for refurbishment, but returned in time for this year’s drive. “Now that the fork is up permanently, we’re talking about doing a bunch of things throughout the year, maybe once a quarter, whether it’s a food drive or a toy drive that we have planned to launch tentatively in December,” said Coombes.

Teles Properties provides an incomparable experience throughout Southern California with offices in Beverly Hills, Brentwood, Newport Beach and Pasadena. Its leadership team brings a broad spectrum of knowledge in technology, research, finance, legal services and luxury residential sales to the forefront of real estate.  The company welcomes only the most productive, talented, and professional agents and staff.  Together, the Teles team uses its experience to give clients the finest buying or selling experience possible.  For more information about Teles Properties, visit telesproperties.com.  To contact Phillip Coombes directly, call 877.744.5373 or email phil.coombes@telesproperties.com

Other Related Links:

Pasadena Star-News’ Coverage of the Food Drive

Ribbon cutting ceremony for Teles’ Pasadena Office

Following up from “Inside the Market” on November 10th- one of the reason we continue to see international buyers in the marketplace is because Southern California is one of the most desirable places to live.  Owning a home here is one of the best investment someone can make- as there will continue to be demand to live where we live.  The following articles highlight why owning a home is so great and what we have to look forward to in the housing market.

November 14- 18, 2011

Articles:

“U.S. Will Remain a Nation of Homeowners”

There are too many benefits, both financial and otherwise, to owning a home versus renting.  The U.S. will continue to see demand for home ownership…

National Association of Realtors

“Housing to gradually improve in 2012, NAR economist says”

Gradual improvement in the housing market is expected next year, with existing-home sales edging up 4% to 5% and new home sales getting an even bigger boost off this year’s record lows, according to the National Association of Realtors’ chief economist, Lawrence Yun…

Housing Wire

“Five Great Things About Home Ownership”

If you’ve been on the fence about homeownership, now is the time to take a leap! Don’t let the negative press deter you from one of life’s greatest joys.  Here are five short and sweet reasons that homeownership is great…

Realty Times

If you would like to download a PDF of these articles, please click on the following links:

U.S. Will Remain a Nation of Homeowners

Housing to gradually improve in 2012, NAR economist says

Five Great Things about Homeownership

“Imagine wanting to own a home in Southern California and not knowing where the best neighborhoods are, which cities have the finest schools, where your preferred climate is most likely to be found,” commented Maggie Navarro, a Teles agent based in San Marino who specializes in assisting foreign buyers.  “Teles International offers prospective buyers genuine knowledge of every community and neighborhood, making it easy for us to help clients find the right home in the right location that best suits their lifestyle.”

Navarro, who is a trusted resource for the Wall Street Journal, also noted that pending federal legislation would make it even easier for international buyers to own in Southern California.  “Now is an excellent time to work with Teles International and begin your search for a luxurious new home.  The measure now being considered in Washington enjoys bipartisan support, so preparing now will place you in an advantageous position upon its potential passage.”

“With my extensive background in international immigration law, I have continually supported legislation that encourages foreign investors to come to the U.S. as an engine for development of a solid national economy,” stated Peter Loewy, CEO of Teles Properties.  “I created our International Division to assist investors in the purchase of homes and businesses as a means to encourage and spur the growth of the American economy. To that end we have assembled a team of advisors and international contacts in the legal, financial and accounting industries to work with Teles real estate agents and our International Buyers Program to facilitate the investment process and to simplify what might be a daunting task without the correct advisory team.”

Teles International’s operating platform is built for seamless global transaction coordination with robust technology infrastructure, property management, funding and escrow oversight, and holistic compliance monitoring.  With its confidential network of real estate trusts, asset managers, law firms, attorneys, embassies, representatives and other highly respected and connected professionals, its luxury properties gain the necessary and appropriate access to their target markets, no matter how broad or narrow.

Teles Properties provides an incomparable experience throughout Southern California with offices in Beverly Hills, Brentwood, Pasadena and Newport Beach.  Its leadership team brings a broad spectrum of knowledge in technology, research, finance, legal services and luxury residential sales to the forefront of real estate.  For more information about Teles International or Teles Properties, please visit telesproperties.com.  To contact Maggie Navarro directly, call 626.675.9332 or email maggie.navarro@telesproperties.com