December 16, 1989 |
The Internal Revenue Service, selling off vintage cars seized in drug cases, netted $157,800 in an auction Thursday that drew 1,000 potential bidders and will help compensate the agency for unpaid taxes. Many of the prized automobiles were confiscated in drug seizures. Seven of the cars belonged to Rudy Henderson, a millionaire imprisoned on drug charges. One of the seven vehicles included a 1968 Chevrolet Corvette that went for $24,500, the highest of the sale.
October 28, 2011 |
CBRE Group Inc., the world's largest commercial real estate brokerage, reported a strong third quarter propelled by robust growth in property sales and leasing in the U.S. and abroad. The Los Angeles firm, formerly CB Richard Ellis Group Inc., said Thursday that income from arranging transactions to buy or rent space in offices, warehouses and other commercial properties grew at a double-digit pace from the same period last year. Sales were particularly strong in the Americas; Asia and Europe recorded big increases in leases.
June 16, 1992 |
Orange County home shoppers who have toyed with the idea of bargain hunting at one of the area's growing number of real estate auctions can have a field day--or two or three--this month. A total of 128 homes in Ventura, Los Angeles, Orange, Riverside and San Bernardino counties--including several duplexes and four-plexes--will be offered in a series of sales during the next two weekends by auctioneers for the federal Resolution Trust Corp. and the private Real Estate Disposition Corp.
October 31, 2002 |
Catellus Development Corp., one of California's largest landowners and builders, said Wednesday that third-quarter profit fell 49% from a year earlier as property sales decreased. San Francisco-based Catellus made $14.7 million, or 16 cents a share, compared with $28.6 million, or 28 cents, a year earlier. The profit decline was expected because the company intentionally accelerated sales during the first half of the year.
CALIFORNIA | LOCAL
March 21, 1991 |
Prospective buyers of several downtown landmark properties now have another month to ponder their offers. To the relief of several merchants, the City Council this week postponed a decision on selling the properties, including the Swallows Inn, Cafe Capistrano, Paisley Penguin and El Peon. Instead, the council voted unanimously to wait for an April report from a citizens committee that is studying a new downtown configuration. Given the city budget crisis, however, City Manager Stephen B.
CALIFORNIA | LOCAL
August 29, 1995 |
A gain of $5.3 million on the sale of the former Bear Street School property means that the most pressing of their financial problems are behind them, officials of the Newport-Mesa Unified School District said Monday. "I think it is fair to say that the worst is over," Supt. Mac Bernd said. The district, which lost $8.2 million in the county's failed investment pool, had expected to clear about $4.5 million from the sale of the former elementary school in Costa Mesa.