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Hemmeter Development Corp

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NEWS
July 29, 1989 | JONATHAN WEBER and LESLIE BERKMAN, Times Staff Writers
Two prized coastal properties in Dana Point that are scheduled for resort development have been sold to an Australian entrepreneur for about $245 million. Christopher C. Skase, who burst upon the Southern California scene in March when his Qintex Group agreed to buy the United Artists movie studio, said Friday that he plans to build a "five-star integrated resort" on the two sites, known as Monarch Beach and the Dana Point headlands. The properties are less than a mile apart off Coast Highway.
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NEWS
July 29, 1989 | JONATHAN WEBER and LESLIE BERKMAN, Times Staff Writers
Two prized coastal properties in Dana Point that are scheduled for resort development have been sold to an Australian entrepreneur for about $245 million. Christopher C. Skase, who burst upon the Southern California scene in March when his Qintex Group agreed to buy the United Artists movie studio, said Friday that he plans to build a "five-star integrated resort" on the two sites, known as Monarch Beach and the Dana Point headlands. The properties are less than a mile apart off Coast Highway.
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BUSINESS
November 7, 1990 | MICHAEL FLAGG, TIMES STAFF WRITER
A 232-acre swath of seaside land owned by Qintex, the troubled Australian entertainment and resort company, is facing foreclosure by its creditors. The Monarch Beach property, one of the last large undeveloped coastal properties in Orange County, was scheduled for public auction today. But the forced sale was postponed pending negotiations between Qintex and its creditors. A source close to the talks said that a sale of the land, possibly to one of the creditors, could come within two weeks.
CALIFORNIA | LOCAL
November 25, 1987 | DAVE LESHER, Times Staff Writer
A $300-million luxury resort in Laguna Niguel was unanimously approved by the county Planning Commission Tuesday in a decision the developers say will bring Orange County a worldwide reputation as a vacation spot. The project is a joint venture between Orange County's Stein-Brief Inc. and the Hemmeter Corp., a Hawaiian-based company that has built several opulent island resorts that are known for their exotic flower gardens, rock waterfalls and luxurious recreational facilities.
BUSINESS
November 4, 1989 | MICHAEL FLAGG, TIMES STAFF WRITER
The dust hasn't yet cleared from a big real estate deal that went bust in this southern Orange County beach town, and a local developer is already trying to buy the seaside parcel involved in the deal. Stein-Brief Group, a Dana Point development company, is talking to Chandler-Sherman Corp. about buying a 115-acre bluff-top property called the Headlands, real estate sources said Friday. Stein-Brief is contemplating building a resort hotel on the choice tract.
BUSINESS
October 24, 1989 | KATHRYN HARRIS and MICHAEL FLAGG, TIMES STAFF WRITERS
The drama mounted for the Australian Qintex group Monday with the announcement that the group--which failed two weeks ago to make good on its $1.5-billion bid for MGM/UA Communications--now intends to sell off $600 million (Australian) in assets to reduce a crushing debt burden. But a company official said that Qintex's coastal property in Dana Point is not among those assets for sale and that the company will press ahead with plans to develop a resort project there.
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