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August 12, 1997 | JESUS SANCHEZ
Highridge Partners, a Los Angeles-based real estate investment firm, said Monday that it has purchased one of the largest home builders in France for about $25 million. Highridge said its acquisition of Paris-based Marignan Immobilier Investissements will give it a base to take advantage of the recovery in the French and European real estate markets. "This year, the market has started to turn around," said Eugene S. Rosenfeld, co-managing partner of Highridge.
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BUSINESS
October 15, 2009 | Roger Vincent
Los Angeles real estate investor Highridge Partners bought a Santa Ana office building Wednesday as it launched a program to purchase $500 million worth of commercial properties in California. Highridge paid New York developer and landlord Tishman Speyer Properties $31 million for 3 MacArthur Place, an 11-story building completed in 1991 in the master-planned MacArthur Place development. Tishman Speyer paid $83 million for the building near the top of the real estate peak in 2007. The office market, which has been in decline for nearly two years as rents and property values have fallen, is getting worse, said Jack Mahoney, executive vice president of Highridge.
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BUSINESS
October 15, 2009 | Roger Vincent
Los Angeles real estate investor Highridge Partners bought a Santa Ana office building Wednesday as it launched a program to purchase $500 million worth of commercial properties in California. Highridge paid New York developer and landlord Tishman Speyer Properties $31 million for 3 MacArthur Place, an 11-story building completed in 1991 in the master-planned MacArthur Place development. Tishman Speyer paid $83 million for the building near the top of the real estate peak in 2007. The office market, which has been in decline for nearly two years as rents and property values have fallen, is getting worse, said Jack Mahoney, executive vice president of Highridge.
BUSINESS
August 12, 1997 | JESUS SANCHEZ
Highridge Partners, a Los Angeles-based real estate investment firm, said Monday that it has purchased one of the largest home builders in France for about $25 million. Highridge said its acquisition of Paris-based Marignan Immobilier Investissements will give it a base to take advantage of the recovery in the French and European real estate markets. "This year, the market has started to turn around," said Eugene S. Rosenfeld, co-managing partner of Highridge.
BUSINESS
January 4, 1995 | From Times Staff and Wire Reports
Pacific Center Building Sold by Pacific Telesis: The landmark Pacific Center building in Downtown Los Angeles, formerly called the Pacific Mutual Building, was one of $160-million worth of California office buildings and land sold by a land development unit of Pacific Telesis to Highridge Partners, an El Segundo-based development firm, Highridge announced. The sale included 1.
BUSINESS
September 10, 2002
The National Assn. of Industrial and Office Properties will host an evening forum on real estate and the economy Thursday at the Peninsula Hotel in Beverly Hills. Featured speakers include John Long of Highridge Partners, Robert Lowe of Lowe Enterprises, Ron Sturzenegger of Banc of America Securities, Richard Ziman of Arden Realty and Ethan Penner, formerly of Kennedy Wilson. The event will begin at 6 p.m. Admission for nonmembers is $195. For information, call (714) 979-9131.
BUSINESS
June 25, 2002 | A Times Staff Writer
Haverford Capital announced plans to invest $300 million in real estate in the West during the next 18 months. The El Segundo company has completed initial funding for Haverford Realty Investors to provide capital to real estate developers and investors. Investments in the $1.5 million to $10 million range will be made in office, industrial, retail, apartment and condominium projects in California, Denver, Las Vegas, Phoenix, Portland, Ore., Salt Lake City and Seattle.
BUSINESS
April 12, 2003
* Producer Teri Schwartz has been appointed the first dean of Loyola Marymount University's School of Film and Television. Schwartz's credits include "Sister Act" and "Beaches." The school was spun off from the College of Communication and Fine Arts in June. * Mack-Cali Realty Corp., Highridge Partners and a third investor sold an office building in Anaheim to a unit of Principal Financial Group Inc. for $52.2 million. Stadium Gateway, a 273,194-square-foot office building, was Cranford, N.J.
BUSINESS
October 5, 1999 | From a Times Staff Writer
Los Angeles real estate executive John Long has announced a $1-million pledge toward the creation of a new center for real estate studies at the UCLA Anderson School of Business. The university hopes to raise $6 million toward the new program, which will focus on the financial and technological issues facing the real estate industry, said Long, managing partner of El Segundo-based Highridge Partners, a real estate investment and development company. The funds will pay for faculty and research.
BUSINESS
March 10, 2000 | Daryl Strickland
New Horizons Worldwide Inc., a major provider of computer training, said Thursday that its main office and training centers will be consolidated next year in a new six-story building under construction in Anaheim. The company said it has signed a 10-year, $20-million lease to occupy 75,000 square feet in Stadium Gateway, one of several office buildings being developed near Edison International Field.
BUSINESS
June 19, 1998 | Jesus Sanchez
Western Pacific Housing of El Segundo has agreed to buy Porter Homes, a large, San Francisco Bay Area-based home builder, for approximately $60 million, including the assumption of debt. The acquisition of privately owned Porter Homes will dramatically expand Western Pacific's market share in Northern and Central California by giving it control of more than 2,800 building lots in 21 communities.
BUSINESS
April 28, 2005 | Roger Vincent, Times Staff Writer
A man who made a fortune landing hard punches in the ring will now do some tough negotiating in the bruising world of real estate. Boxer Oscar De La Hoya and a Los Angeles developer announced plans Wednesday to invest $100 million over the next three years building housing, stores and entertainment complexes in urban Latino communities, mostly in California.
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