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August 6, 2013 | Staff and wire reports
An East Coast autograph broker said Tuesday that Heisman Trophy winner Johnny Manziel was paid $7,500 for signing about 300 mini- and full-sized helmets on Jan. 11-12 while he was attending an event in Connecticut, ESPN reported. The broker played two cellphone videos for ESPN showing Manziel signing white Texas A&M helmets and footballs laid out on a bed in a hotel room. The video does not show Manziel accepting any money. The broker said the room was at the Omni in New Haven during the Walter Camp Football Foundation event.
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SPORTS
April 19, 2014 | By Bill Shaikin
The Dodgers play host to the Colorado Rockies on Friday, exactly two months after the launch of SportsNet LA. At this rate, there will be nothing to celebrate. For far too many fans, there will be no game to see. Vin Scully does not get SportsNet LA in his home. Peter O'Malley does not. Fred Claire does not. Claire was the general manager the last time the Dodgers won the World Series, in 1988. That was the year a cable television outfit called the Z Channel carried 35 Dodgers home games.
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SPORTS
August 6, 2013 | By Chris Dufresne
An East Coast autograph broker told ESPN on Tuesday that he paid Texas A&M quarterback Johnny Manziel $7,500 for autographs. The broker also provided cellphone videos that showed Manziel signing autographs but not accepting any money. He said the signings took place last January in New Haven, Conn. The NCAA is investigating whether Manziel accepted money for signing autographs, which would be a violation that could lead to the quarterback being ruled ineligible. Manziel is practicing with the team pending the outcome of the investigation.
BUSINESS
April 3, 2014 | By Roger Vincent
One of Long Beach's trophy skyscrapers, Shoreline Square, has been sold for nearly $102 million to a San Diego real estate investment firm. Parallel Capital Partners Inc. bought the 20-story building at 301 E. Ocean Blvd. from Guggenheim Real Estate of New York and Bantry Holdings of San Marino, according to real estate broker Kevin Shannon of CBRE Group Inc., who represented the sellers. The tower was developed in 1988 along with the adjoining 469-room Westin Long Beach Hotel.
NEWS
July 27, 1986 | LINDA LIPMAN, Special to The Times and Lipman is a San Diego free-lance writer. and
Who pays the commercial or industrial real estate broker's commission? If you answered "The seller, of course," you may not be completely correct. The documents to a traditional real estate transaction call for the broker's commission to be deducted from the seller's proceeds. But what's the reality?
BUSINESS
October 6, 2006 | Roger Vincent, Times Staff Writer
Even at $75 million, it doesn't come with a house, pool or anything else, for that matter. But a group of Century City investment bankers are hoping that their 12.4-acre terraced hillside lot in Bel-Air will fetch that amount -- even in a cooling real estate market. The parcel, across from the Hotel Bel-Air and less than a mile north of Sunset Boulevard and UCLA, was assembled over nine years by flamboyant movie producer Steve Bing.
BUSINESS
June 13, 2013 | By E. Scott Reckard, Los Angeles Times
Fannie Mae has fired the executive who headed its Irvine office amid a federal investigation into alleged kickbacks from real estate brokers. One former employee of the home-finance giant has been indicted on charges of soliciting illegal payments from a broker, and another former worker has alleged that such conduct was common at the office. Federal investigators are trying to determine whether the alleged corruption extended to other employees, according to two people with knowledge of the probe.
BUSINESS
March 11, 2014 | By Roger Vincent
Mitsubishi Electric Automotive America has leased 167,778 square feet of industrial space in Huntington Beach for its regional headquarters. The deal will allow Mitsubishi to consolidate three existing Southern California facilities under one roof at 5800 Skylab Road, real state brokerage JLL said. Terms of the 10-year deal with landlord Morgan Stanley were not disclosed, but real estate experts calculating Orange County industrial rents valued the transaction at close to $1 million a year, or $10 million total.
BUSINESS
April 2, 2009 | Peter Y. Hong
Sometimes the truth hurts. Real estate salesman Jim Klinge doesn't care. Cruising through the sunny hills of Carlsbad in a massive silver Mercedes-Benz, he looks like any other pitchman of the California dream. But Klinge, 50, has become a notorious Internet chronicler of the real estate crash in north San Diego County, where he has lived and worked for decades. Rather than downplay the greed and excess that caused the region's travails, he revels in exposing them.
BUSINESS
May 27, 2013 | By E. Scott Reckard, Los Angeles Times
Before dawn one hazy March day in L.A., Armando Granillo pulled his SUV into a Starbucks near MacArthur Park, where he planned to pick up an envelope full of cash from an Arizona real estate broker, federal investigators say. Granillo, a foreclosure specialist at mortgage giant Fannie Mae, expected to drive off with $11,200 - an illegal kickback for steering foreclosure listings to brokers, authorities allege in court records. Granillo would leave in handcuffs. And investigators are now looking into assertions by Granillo and another former Fannie Mae foreclosure specialist that such kickbacks were "a natural part of business" at the government-sponsored housing finance company, as Granillo allegedly told the broker in a wiretapped conversation.
BUSINESS
March 14, 2014 | By E. Scott Reckard
A former Fannie Mae employee was convicted late Friday of soliciting kickbacks from a broker with promises to steer lucrative listings of foreclosed homes his way. The federal court jury in Santa Ana convicted Armando Granillo of three counts of fraud, rejecting his contention that he intended to cheat only the broker, not Fannie Mae, the nation's largest home-finance firm. At the end of a two-day trial, the jury took less than two hours to convict Granillo, who sat grimly as each of the jurors affirmed the guilty verdicts.
BUSINESS
March 11, 2014 | By Roger Vincent
Mitsubishi Electric Automotive America has leased 167,778 square feet of industrial space in Huntington Beach for its regional headquarters. The deal will allow Mitsubishi to consolidate three existing Southern California facilities under one roof at 5800 Skylab Road, real state brokerage JLL said. Terms of the 10-year deal with landlord Morgan Stanley were not disclosed, but real estate experts calculating Orange County industrial rents valued the transaction at close to $1 million a year, or $10 million total.
WORLD
January 7, 2014 | By Nabih Bulos
BEIRUT - The initial consignment of Syria's most toxic chemical weapons material was shipped out of the country Tuesday, international officials said, advancing a cleanup effort widely seen as a success in the midst of a long civil war that has cost more than 100,000 lives. The announcement came as the leader of an Al Qaeda-linked rebel group tried to broker a cease-fire among Syrian opposition factions that have been battling one another. A "first quantity" of so-called priority chemical materials was moved from two sites to the Syrian port of Latakia and loaded onto a Danish commercial vessel, Sigrid Kaag, who heads the international effort to rid the country of its chemical arsenal, said in a statement.
OPINION
January 7, 2014 | By The Times editorial board
In its quest for an Israeli-Palestinian peace agreement, the United States has pursued essentially the same objective over several administrations. So when Secretary of State John F. Kerry announced during his latest round of shuttle diplomacy that "we can achieve a permanent-status agreement that results in two states for two peoples if we stay focused," skepticism was understandable. Not just because the peace process has been so tragically unsuccessful over the last 15 years, but because even today, each side seems intent on thumbing its nose at the other.
ENTERTAINMENT
December 26, 2013 | By Richard Verrier
ATLANTA - Ric Reitz makes movies. He helped bankroll the Matt Damon thriller "Contagion," Clint Eastwood's "Trouble With the Curve" and the Robert Downey comedy "Due Date. " Reitz, an energetic 58-year-old, doesn't hang out at the Polo Lounge, red-carpet premieres or swank offices in Century City. Instead, he works out of a former cotton mill near Martin Luther King Jr.'s boyhood home, hustling for business at Chamber of Commerce dinners and Rotary Club lunches. Recently, he was looking forward to attending a meeting of prosperous chicken farmers.
BUSINESS
October 14, 2013 | By Chad Terhune
The nation's biggest online seller of health insurance has joined forces with the federal government to enroll people across the country in Obamacare, but EHealth Inc. won't be signing up any Californians. The state's new insurance exchange, Covered California, is handling online enrollment on its own and, for now, it has spurned help from Silicon Valley's EHealth and other online brokers. In contrast, the federal exchange for 36 other states has embraced EHealth's website - EHealthInsurance.com - and other popular shopping sites to help reach millions of uninsured Americans.
BUSINESS
June 27, 1989
Bob Fletcher has joined Re/Max of Rancho Bernardo as a realtor-broker.
BUSINESS
April 18, 1989
Hank Willard has joined Grubb & Ellis as a broker in the office properties division.
CALIFORNIA | LOCAL
September 23, 2013 | By Tony Perry
SAN DIEGO - Republican Party leaders and their allies in the business community did not like it when a Democrat was elected mayor last November. Still shaken by the chaotic nine months of Bob Filner's tenure, including his feud with the tourism industry and his orders to halt several construction projects, Republicans are determined to see the mayor's office returned to GOP hands. So on Aug. 31, the day after Filner's resignation became effective, an invitation-only meeting was held in the La Jolla home of Tom Sudberry, a prominent developer and Republican contributor.
CALIFORNIA | LOCAL
September 11, 2013
Join us at 9 a.m. when we talk with Times reporter Chris Megerian about how the governor and legislative leaders ended their impasse over reducing prison crowding. With only four days left in this year's legislative session, the deal resolves a dispute over the best way to abide by an order from federal judges to shed more than 9,600 inmates from California's packed lockups by Dec. 31. Under the compromise, the state would ask a panel of three federal judges for time to expand rehabilitation programs aimed at reducing the number of inmates who, after serving their time, commit new crimes and return to prison.
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