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BUSINESS
September 19, 1986
Steve Penn has been named project manager for Home Capital Development Group.
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BUSINESS
December 4, 2013 | By Roger Vincent
Fred Sands, whose name once was posted on for-sale signs on houses all over Los Angeles' affluent Westside, quit selling homes more than a decade ago. But he has quietly built another real estate empire. The striving son of a New York cabby and small-business man, Sands built the largest independent residential real estate brokerage in California with 65 offices and 4,000 employees. Fred Sands Realtors and affiliated companies generated $9.4 billion a year in sales when he sold it in late 2000.
BUSINESS
January 23, 1985
Don R. Conlan has been elected president and a director of Capital Group Research Inc., a newly created investment research company within Capital Group Inc., a Los Angeles-based group of investment management companies. He remains Capital Group's chief economist and president and a director of Capital Strategy Research Inc., a subsidiary involved in international economic, government and political research. Conlan is the current chairman of the Conference of Business Economists.
BUSINESS
February 20, 2013 | By Lauren Beale, Los Angeles Times
Word is out that financier Gary Winnick is quietly floating his storied estate in Bel-Air for sale at $225 million. Winnick, who founded and later sold Global Crossing, bought the Bellagio Road mansion in 2000 from Dole Food Co. owner David Murdock. The $94-million deal, which involved the telecom mogul ponying up a parcel of land, stood as the highest-priced home sale in California for years. Although a seller can ask any amount for a property, the 8.4-acre trophy home is for sale at the right price, said a person familiar with Winnick's real estate dealings who wasn't authorized to speak publicly.
BUSINESS
April 10, 2014 | Roger Vincent
Designs for the long-anticipated Beverly Hills Waldorf Astoria, the luxury chain's first new U.S. outpost west of Chicago, have been unveiled with a flourish by local hotelier Beny Alagem. The 12-story Waldorf Astoria will stand at the intersection of Santa Monica and Wilshire boulevards next to the Beverly Hilton hotel. It will be a flagship for the Hilton company's top hotel brand, said Christopher Nassetta, chief executive of Hilton Worldwide. "When we are done, this will be one of the great hotels in the world," he said.
BUSINESS
February 20, 2013 | By Lauren Beale
Word is out that financier Gary Winnick is quietly floating his estate in Bel-Air for sale at $225 million. Although anyone can ask any amount for a property, the 8.4-acre trophy property is for sale at the right price, said a person familiar with Winnick's real estate dealings. Winnick, the founder and chief executive of the investment firm Pacific Capital Group, had no comment. Winnick, who founded and later sold Global Crossing, bought the Bellagio Road mansion in 2000 from Dole Food Co. owner David Murdock.
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