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BRIEFLY

An investor group is buying Whiting Ranch.

October 31, 1985

The ranch, 2,700 acres of prime land north of El Toro in Orange County, is approved for construction of 3,900 homes and a mixed office, retail and industrial development. It will be sold by Carma Developers to a newly formed Los Angeles firm called JC/RG Corp. Wayne Sramek, Carma's chairman and chief executive, confirmed the pending sale but refused to disclose the terms of the agreement or to identify the JC/RG principals. Escrow on the property is expected to close Friday.

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