YOU ARE HERE: LAT HomeCollectionsLeasing


December 16, 2013 | By Ricardo Lopez
AIG announced Monday it is selling its aircraft-leasing business  International Lease Finance Corp.  for $5.4 billion in cash and stocks to Netherlands-based AerCap Holdings.  The announced sale comes five years after American International Group first tried to unload the aircraft-leasing business, one it considered a non-core business unit after it bought Century City-based ILFC in 1990 for $1.3 billion in a stock swap.  AIG had...
December 12, 2013 | By Ralph Vartabedian
The Proud Bird, the historic restaurant at LAX that has been a hangout for some of the nation's biggest aviation pioneers, will remain open for at least another year after its owner was able to secure a temporary new lease from Los Angeles World Airports. John Tallichet had announced the restaurant would close last month after an unsuccessful two-year effort to negotiate a new long-term lease. He had said he remained hopeful a last-minute deal could save the restaurant opened by his father, a bomber pilot during World War II. After an outpouring of community support, Tallichet pledged to keep the Proud Bird open until late December.
November 18, 2013 | By Patrick Kevin Day
Last time we saw the Governor (his cameo last week excluded) he was gunning down his own people and driving off to parts unknown. Now? It's all fist bumps and pinkie swears. After existing off-screen as a boogieman for most of the season, the Governor made his return in Sunday's episode, "Live Bait. " While a big piece of what he's been up to was filled in, we still don't know exactly how he ended up lurking outside the walls of Rick's prison at the end of last week. There's more to this story, surely, and it's not going to be pleasant.
November 13, 2013 | By Jessica Gelt
It's been gone for three years, but NBC announced Wednesday that it was time to bring "Last Comic Standing" back for another go-round. The announcement came with added firepower as it was also stated that comedian Wanda Sykes has signed on to executive produce the show. The eighth season of the unscripted series, which pits comedians against one another in a battle of laughs, will air during the summer of 2014. PHOTOS: 13 memorable stars from 'Saturday Night Live' Page Hurwitz will co-executive produce via Push It Productions, the company she runs with Sykes.
November 12, 2013 | By Richard Winton
An Orange County real estate consultant who stole $285,000 from Roman Catholic nuns and used it to buy lingerie and lease a sports car was convicted Tuesday of three counts of wire fraud. After a three-day trial, a federal jury in Santa Ana convicted Linda Rose Gagnon, also known as Linda Gualtieri-Gagnon, 59, of defrauding the U.S. Province of the Religious of Jesus and Mary. Asst. U.S. Atty. Robert Keenan said Gagnon told the nuns in 2008 that she was an expert in handling short-sale and foreclosure transactions and offered to help them buy a small home in San Diego they were renting for retired sisters in the religious order.
November 7, 2013 | By Roger Vincent
The maker of the international online video game hit "League of Legends" will move to a five-building office campus in West Los Angeles after signing what was described as the biggest new office lease in Southern California in five years. Up-and-coming video game publisher Riot Games Inc. has agreed to rent all 284,000 square feet in the Element LA creative office campus being built on Olympic Boulevard between Bundy Drive and Centinela Avenue. Riot Games makes only the one game so far, but it operates around the clock.
November 2, 2013 | By Paresh Dave
For most of the years since 1933, UCLA baseball players have peered into the stands at their home field and smiled at their usual assortment of fans. Moms, dads and girlfriends for sure. But many times, they also nod to disheveled retired Marines, ex-Navy officers with oak-leaf "scrambled eggs" on their caps and proud veterans still wearing camouflage. "When I was there in the '60s, watching us was an outlet for veterans," former Bruins first baseman Rick Ganulin recalled.
November 1, 2013 | By Chris O'Brien
Just what is that Google mystery barge? A floating data center? A Google Glass showroom? A party boat?  One of the things that seems to have thrown off the sleuths trying to deduce its purpose: They're looking at the wrong lease.  A week ago, CNET broke the story of the Google mystery barge, in part by using a bunch of clues based on the current leaseholder for Hangar 3 on Treasure Island: a Delaware company called By and Large....
October 29, 2013 | By Roger Vincent
CBRE Group Inc., the world's largest commercial real estate brokerage, turned a $94-million profit in the third quarter of this year led by growth in lease activity in the United States and the overall real estate recovery in Europe. The Los Angeles firm said Tuesday that income from arranging transactions to buy or rent space in offices, warehouses and other commercial properties helped revenue increase 11% from the third quarter last year to $1.73 billion. Revenue from brokering property sales was up 29% over the same period.
October 24, 2013 | By Paige St. John
SACRAMENTO - Gov. Jerry Brown is back on the doorstep of the U.S. Supreme Court, seeking permission to go ahead with contracts that would send thousands more California inmates to private prisons out of state. The governor on Thursday told federal judges in California that he is appealing their order blocking him from leasing the new beds while the administration is in talks with inmates' lawyers on long-term solutions to prison crowding. The governor's lawyers at the same time announced a similar appeal with the 9th Circuit Court of Appeals that would be taken up if the Supreme Court refuses to hear Brown's case.
Los Angeles Times Articles