Advertisement
YOU ARE HERE: LAT HomeCollections

CALIFORNIA | Southland Focus

Also . . .

March 23, 2000

* Real estate services firm Kennedy-Wilson Inc. of Los Angeles said it acquired $275 million of nonperforming Japanese loans for less than 10 cents on the dollar, as it continues to look to Japan for real estate bargains. The purchase brings the total amount of distressed loans the company has acquired to more than $1.5 billion.

* Vans Inc., the Santa Fe Springs-based apparel retailer and skate park operator, said its fiscal third-quarter net income rose to $1.7 million, or 12 cents a share, compared with net income of $635,000, or 5 cents, a year ago. Sales rose nearly 50% to $67.8 million.

Advertisement
Los Angeles Times Articles
|
|
|