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Equitable Life Assurance Co

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BUSINESS
January 15, 2000 | JESUS SANCHEZ, TIMES STAFF WRITER
The hub of Southern California's apparel industry--the massive California Mart in downtown Los Angeles--has been put up for sale and is expected to draw bids of more than $100 million, according to people familiar with property. Equitable Life Assurance Co., which took control of the property in 1994 in a foreclosure, is selling the complex as part of an ongoing effort to reduce its real estate portfolio. Officials who handle the giant insurance company's portfolio said they had no comment.
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BUSINESS
January 15, 2000 | JESUS SANCHEZ, TIMES STAFF WRITER
The hub of Southern California's apparel industry--the massive California Mart in downtown Los Angeles--has been put up for sale and is expected to draw bids of more than $100 million, according to people familiar with property. Equitable Life Assurance Co., which took control of the property in 1994 in a foreclosure, is selling the complex as part of an ongoing effort to reduce its real estate portfolio. Officials who handle the giant insurance company's portfolio said they had no comment.
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BUSINESS
November 6, 1996 | Times Staff and Wire Reports
Hugh Bullock, former CEO of Calvin Bullock Ltd. before he sold it to Equitable Life Assurance Co. in 1984, has died at the age of 98.
BUSINESS
May 11, 2000 | JESUS SANCHEZ, TIMES STAFF WRITER
The owners of the California Mart, the center of Southern California's apparel and fashion business, have agreed to sell the downtown Los Angeles showroom and office complex to Hertz Investment Group for about $90 million, according to people familiar with the deal. The Los Angeles-based real estate investment firm is in escrow to buy the 2-million-square-foot California Mart from Equitable Life Assurance Co.
BUSINESS
July 8, 1993 | John O'Dell / Times staff writer
The name of the landmark Brinderson Towers office complex in Irvine is about to change: Workers began stripping the Brinderson name from the signs this week. But a spokesman for developer Gary Brinderson, whose company built the $185-million black granite and glass complex in a joint venture with Equitable Life Assurance Co., says that the renaming does not reflect any financial or management difficulties at the complex.
NEWS
November 15, 2000 | BOOTH MOORE
Fund-raisers at hotel ballrooms are a dime a dozen in this town. So, staging one at a private house is a refreshing break in the party-going monotony. John Paul and Eloise Dejoria, owners of Paul Mitchell Hair Systems, opened up their Italian villa-like house in the Malibu hills to raise funds for City Hearts, a nonprofit that provides classes in the arts to youths at risk. "Much Ado About City Hearts" on Sunday was like an afternoon in Verona.
BUSINESS
July 15, 1990 | JAMES FLANIGAN
Change that tune. In analyses of the Houston economic summit we heard a lot of talk about "the waning power of the United States"--which, it was said, could no longer dictate to its allies Germany and Japan. Interviewed on television, experts lamented the "weakened, uncompetitive" U.S. economy, and the words "world's largest debtor nation" were repeated like a mantra. But the analysis is out of date. The United States is not economically uncompetitive.
CALIFORNIA | LOCAL
July 25, 1998 | HENRY WEINSTEIN, TIMES LEGAL AFFAIRS WRITER
Leaders of the Simon Wiesenthal Center and two state legislators called Friday for an escalated effort to pressure Swiss banks into settling claims with Holocaust survivors. Sens. Tom Hayden (D-Los Angeles) and Quentin Kopp (I-San Francisco) announced legislation they are proposing to place a one-year moratorium on future investments of state pension funds or other assets in three Swiss banks.
BUSINESS
November 10, 1986 | From Staff and Wire Reports
E. F. Hutton Group said over the weekend that it has held talks with rival brokerage Shearson Lehman Bros. Inc., but Shearson did not make a formal offer to buy Hutton and the talks have ended. A merger would have created a network of investment brokers nearly as large as Merrill Lynch's.
REAL ESTATE
July 28, 1985 | DON G. CAMPBELL, Times Staff Writer
When, subtly, does domination (political, financial or cultural) slip from the grasp of one city or area, and pass to another? Almost from the very day that the first mission and garrison was established in 1776 at San Francisco, the city was clearly dominant in the state as the financial and cultural center. But when, again subtly, did the shift to Los Angeles begin and how far has it progressed?
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