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Mike Glickman

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BUSINESS
August 1, 1990 | PATRICE APODACA, TIMES STAFF WRITER
The bankrupt Mike Glickman Realty Inc. owes money for everything from valet parking to tropical fish to taxes. But of 157 creditors, Mike Glickman himself is the biggest, with $1.9 million owed to him by the failed real estate brokerage he founded and headed. According to papers filed in U.S.
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CALIFORNIA | LOCAL
February 6, 1992
Your article regarding Mike Glickman's unfortunate run of bad luck with a disastrous real estate market was heartwarming and inspiring, until I got to the last four paragraphs. He is portrayed as the real estate prodigy who was extremely successful and an inspiration to marketers alike. He is rebounding from financial ruin with an aggressive work attitude. However, he has done it on the backs of his creditors, customers, and taxpayers through the bankruptcy court. There is $3 million in assets that are to be distributed among the $29.3 million in debt he owes.
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BUSINESS
June 7, 1990 | PATRICE APODACA, TIMES STAFF WRITER
A tearful Mike Glickman bade farewell to his agents at a press conference Wednesday, and said he takes "full responsibility" for the liquidation of his real estate company. His voice cracking, he also told Mike Glickman Realty Inc. creditors, whom he said he owes about $2 million, "I'm so sorry." Glickman assured homeowners that there would be no disruption of pending sales because of his bankruptcy.
CALIFORNIA | LOCAL
February 5, 1992
How can you glorify Mike Glickman (Jan. 20)? Will we see a follow-up article about the "hard times" he caused his creditors? The nerve of someone filing for bankruptcy in the millions of dollars, but still giving lavish parties and owning a new Mercedes-Benz. . . . So much for personal responsibility and integrity in the 1990s. JANET MINAMI Woodland Hills
BUSINESS
November 6, 1990 | PATRICE APODACA, TIMES STAFF WRITER
The mansion has a pink exterior, covers 10,000 square feet, has a marble-laden interior, a large gourmet kitchen, spas, saunas and a ballroom-size living room. It also has a posh address in Encino, located in the Clark Gable estates area, just around the corner from convicted junk bond king Michael Milken. The house belonged to Mike Glickman, the former San Fernando Valley real estate phenom who filed for personal and corporate bankruptcy liquidation in June.
BUSINESS
June 5, 1990 | PATRICE APODACA, TIMES STAFF WRITER
Mike Glickman Realty Inc., the San Fernando Valley's largest residential real estate brokerage firm, will close all of its offices and lay off its more than 1,200 agents by Wednesday, industry sources and Glickman agents said Monday. In addition, agents said owner Mike Glickman has told them that he intends to liquidate the company through bankruptcy. Glickman, who until recently steadfastly denied rumors of impending failure, would not return phone calls.
CALIFORNIA | LOCAL
February 5, 1992
How can you glorify Mike Glickman (Jan. 20)? Will we see a follow-up article about the "hard times" he caused his creditors? The nerve of someone filing for bankruptcy in the millions of dollars, but still giving lavish parties and owning a new Mercedes-Benz. . . . So much for personal responsibility and integrity in the 1990s. JANET MINAMI Woodland Hills
CALIFORNIA | LOCAL
January 1, 1991
It was a mixed year for men named Mike from Birmingham High School. Junk bond whiz Michael Milken, 44, a former cheerleader at the Van Nuys secondary school, was sentenced to 10 years in federal prison on security law violations. Meanwhile, free-wheeling real estate whiz Mike Glickman, 30, saw his empire go bust as housing sales slumped. But 1990 was a banner year for Hollywood "super-agent" Michael Ovitz, chairman of Creative Artists Agency. By brokering the $6.59-billion sale of MCA Inc.
CALIFORNIA | LOCAL
February 6, 1992
Your article regarding Mike Glickman's unfortunate run of bad luck with a disastrous real estate market was heartwarming and inspiring, until I got to the last four paragraphs. He is portrayed as the real estate prodigy who was extremely successful and an inspiration to marketers alike. He is rebounding from financial ruin with an aggressive work attitude. However, he has done it on the backs of his creditors, customers, and taxpayers through the bankruptcy court. There is $3 million in assets that are to be distributed among the $29.3 million in debt he owes.
BUSINESS
July 17, 1990 | PATRICE APODACA, TIMES STAFF WRITER
Brentwood-based Fred Sands Realtors was awarded on Monday the leases on four of the five offices previously occupied by the bankrupt Mike Glickman Realty Inc., formerly the San Fernando Valley's largest residential brokerage. Sands' plan to assume the leases on offices in Encino, Sherman Oaks, Agoura and Northridge was accepted by the Federal Bankruptcy Court in Los Angeles, which must approve all transactions involving Glickman creditors.
CALIFORNIA | LOCAL
January 20, 1992 | PAUL LIEBERMAN, TIMES STAFF WRITER
His open house is to begin at 11 a.m., but Mike Glickman is off showing another home to a "hot buyer," so he calls in an emergency replacement--his mother. Harriet Glickman hurries over to greet the trickle of real estate agents and curious neighbors who stop by to view her son's new listing in Encino, a four-bedroom traditional on Valley Vista Boulevard with an asking price of $899,000.
CALIFORNIA | LOCAL
January 20, 1992 | PAUL LIEBERMAN, TIMES STAFF WRITER
His open house is to begin at 11 a.m. But Mike Glickman is off showing another home to a "hot buyer," so he calls in an emergency replacement--his mother. Harriet Glickman hurries over to greet the trickle of real estate agents and curious neighbors who stop by to view her son's new listing in Encino, a four-bedroom traditional house on Valley Vista Boulevard, asking price $899,000.
CALIFORNIA | LOCAL
January 1, 1991
It was a mixed year for men named Mike from Birmingham High School. Junk bond whiz Michael Milken, 44, a former cheerleader at the Van Nuys secondary school, was sentenced to 10 years in federal prison on security law violations. Meanwhile, free-wheeling real estate whiz Mike Glickman, 30, saw his empire go bust as housing sales slumped. But 1990 was a banner year for Hollywood "super-agent" Michael Ovitz, chairman of Creative Artists Agency. By brokering the $6.59-billion sale of MCA Inc.
BUSINESS
November 6, 1990 | PATRICE APODACA, TIMES STAFF WRITER
The mansion has a pink exterior, covers 10,000 square feet, has a marble-laden interior, a large gourmet kitchen, spas, saunas and a ballroom-size living room. It also has a posh address in Encino, located in the Clark Gable estates area, just around the corner from convicted junk bond king Michael Milken. The house was Mike Glickman's, the former San Fernando Valley real estate phenom who filed for personal and corporate bankruptcy liquidation in June.
BUSINESS
November 6, 1990 | PATRICE APODACA, TIMES STAFF WRITER
The mansion has a pink exterior, covers 10,000 square feet, has a marble-laden interior, a large gourmet kitchen, spas, saunas and a ballroom-size living room. It also has a posh address in Encino, located in the Clark Gable estates area, just around the corner from convicted junk bond king Michael Milken. The house belonged to Mike Glickman, the former San Fernando Valley real estate phenom who filed for personal and corporate bankruptcy liquidation in June.
BUSINESS
August 1, 1990 | PATRICE APODACA, TIMES STAFF WRITER
The bankrupt Mike Glickman Realty Inc. owes money for everything from valet parking to tropical fish to taxes. But of 157 creditors, Mike Glickman himself is the biggest, with $1.9 million owed to him by the failed real estate brokerage he founded and headed. According to papers filed in U.S.
BUSINESS
June 6, 1990 | From Times Wire Services
A bankrupt Mike Glickman, whose grand style made him a master of the once-sizzling Southern California real estate market, said today that his offices were overwhelmed by "panic and worry" when the market took a downturn. "I tried to expand into a market that had been overextended," Glickman told a news conference at his Woodland Hills headquarters. "I needed 1988 to happen again, but it didn't."
BUSINESS
May 2, 1990 | PATRICE APODACA, TIMES STAFF WRITER
About 2 1/2 years after its highly publicized launch into the Westside, Mike Glickman Realty Inc. of Woodland Hills said Tuesday that it is closing its Brentwood and Beverly Hills offices. The residential real estate firm founded by Mike Glickman, a brash, 30-year-old entrepreneur who began his real estate career at age 15, grew to dominate home sales in the San Fernando Valley during the 1980s.
BUSINESS
July 17, 1990 | PATRICE APODACA, TIMES STAFF WRITER
Brentwood-based Fred Sands Realtors was awarded on Monday the leases on four of the five offices previously occupied by the bankrupt Mike Glickman Realty Inc., formerly the San Fernando Valley's largest residential brokerage. Sands' plan to assume the leases on offices in Encino, Sherman Oaks, Agoura and Northridge was accepted by the Federal Bankruptcy Court in Los Angeles, which must approve all transactions involving Glickman creditors.
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