CALIFORNIA | LOCAL
February 4, 2014 |
A Doritos commercial starring and cowritten by a Burbank resident was a cowinner of an annual contest sponsored by the snack company and it aired during the Super Bowl on Sunday. The ad follows a boy who has created a time machine as he tricks a neighbor, played by Burbank resident Daved Wilkins, into entering the contraption in a ploy to steal his Doritos. When the machine "takes off" using simple maneuvers created by the boy, Wilkins believe he's being transported into the future, the Burbank Leader reported . Wilkins worked on the 30-second spot with two longtime friends Ryan Thomas Andersen and Raj Suri, both of whom live in Phoenix.
January 6, 2012 |
U.S. commercial real estate values are drifting sideways after a two-year rally, analysts said. Prices for offices, warehouses, shopping centers and apartment buildings in major cities rebounded to within 10% of their record highs before leveling out six months ago, according to Green Street Advisors Inc. “I think people are used to values going up or down,” analyst Peter Rothemund said, adding that it's not abnormal for prices to...
June 12, 2010 |
One of the country's largest commercial real estate brokerages, Marcus & Millichap Real Estate Investment Services, has named a new president and chief executive. John J. Kerin, 54, will replace Harvey Green at the helm of the company July 1. Green announced his pending retirement in April after leading the company for a decade. Marcus & Millichap is headquartered in Palo Alto, but Green directs operations from his base in the Encino office and so will Kerin. Kerin joined the company in 1981 as an agent and rose through the ranks.
January 24, 2010 |
Bill Hoffman has logged more than 1.5 million airline miles in his travels to troubled hotels, office buildings and other business properties. As a court-appointed receiver who takes care of distressed commercial real estate, Hoffman has a long way to go to catch up with George Clooney's ambitiously nomadic character Ryan Bingham in "Up in the Air." But Hoffman is adding mileage points fast. These are boom times for receivers. With the brutal real estate market causing owners to lose their buildings to their lenders, more professionals like Hoffman are being tapped to look after properties until they can be resold.
May 3, 1989 |
Great Western Financial Corp. on Tuesday closed its commercial real estate division in Orange, turning down an offer led by many of the division's 42 agents to take over the operation. Agents and some of the division's five staff members, who were told 2 weeks ago that their positions would be lost, said they had raised $600,000 to buy assets of the brokerage and take over its multiyear lease. When Vice President Del Wall told them Tuesday morning that the offer had been rejected, agents hurried to box their belongings before the doors shut for good at 5:30 p.m. Beverly Hills-based Great Western, which has assets of about $35 billion and is parent of Great Western Savings Bank, said its long-term real estate strategy for some time has been to "de-emphasize" commercial real estate and concentrate on the sale of single-family homes.
May 23, 1985 |
Anne Bray attempted to give motorists on one of the Westside's most commercial streets a brief respite from "the visual blight" of business signs, but it didn't quite work. Her project was the victim of too few workers, too little time and uncooperative businesses. Bray, a 35-year-old UCLA art student, planned to "white out" with butcher paper all commercial signs within a one-block radius of the corner of Lincoln Boulevard and Broadway in Santa Monica.