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Leroy Iii Carver

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BUSINESS
April 3, 1991
A real estate partnership run by developer Leroy Carver III has filed for bankruptcy. Carver made news in January after he sold his Harbor Island home for $13.8 million, the largest private home sale in county history. Newport Avenue Partners Ltd. filed for Chapter 11 reorganization in U.S. Bankruptcy Court Thursday. According to the bankruptcy filing, the firm developed two unspecified office buildings and a Tustin shopping center. It listed debts of $27.
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BUSINESS
April 3, 1991
A real estate partnership run by developer Leroy Carver III has filed for bankruptcy. Carver made news in January after he sold his Harbor Island home for $13.8 million, the largest private home sale in county history. Newport Avenue Partners Ltd. filed for Chapter 11 reorganization in U.S. Bankruptcy Court Thursday. According to the bankruptcy filing, the firm developed two unspecified office buildings and a Tustin shopping center. It listed debts of $27.
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BUSINESS
July 14, 1993 | MICHAEL FLAGG, TIMES STAFF WRITER
Two years ago it was Orange County's biggest home sale--$13.6 million for a huge waterfront house on Newport Beach's exclusive Harbor Island. Now it's just another file in bankruptcy court. Not much was known about the buyer when the sale made headlines in 1991: George Yao owned property in Hong Kong, Taiwan and Hawaii, and two years earlier he had bought the Radisson Plaza Hotel in Irvine.
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