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CALIFORNIA | LOCAL
February 11, 1989
The rebuttals to your excellent editorial on Proposition 13 display an amazing logic. They seem to say that it is not fair, not consistent with our system, to tax everyone on the same value basis. The "fat cats" of Brentwood, Bel-Air, Palos Verdes, etc. believe it is their God-given right to sit on properties whose values appreciate at a far faster rate than the average, or of inflation in general, then, at their convenience, sell at huge profits having enjoyed the largess of taxes at a small fraction of their less fortunate neighbors over the years.
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CALIFORNIA | LOCAL
March 10, 1986 | DEBORAH HASTINGS, Times Staff Writer
Dovie Beams DeVillagran, former B-movie actress and former lover of deposed Philippines President Ferdinand E. Marcos, is no stranger to public controversy. At times she has courted the spotlight and at others she has rejected it, as she did last week when state Sen. Paul Carpenter charged that her 30-room Pasadena mansion was bought with Marcos' money. For now, she is not returning phone calls.
NEWS
June 23, 1991
Your reporter, Shawn Doherty, contacted my husband several weeks ago, indicating that she wanted to do a story on our plight to stop construction within spitting distance of our Malibu residence. My husband, Richard, spent hours accumulating and disseminating information to your reporter regarding architectural data and court documents, even measuring property lines for her. We are currently suing a new neighbor and our association. Bottom line: We stand to lose up to $500,000 in the property value of our home if this construction is finalized.
REAL ESTATE
August 2, 1992
Nearly $50 million in prime residential and commercial properties throughout California will be offered by auction at starting bids averaging about 50% below previous asking prices, according to Robert D. Friedman, president of the Santa Ana-based Real Estate Disposition Corp. The auction is scheduled for Aug. 23 at the Hyatt Regency in Irvine, beginning at 11 a.m.
ENTERTAINMENT
October 2, 2013 | By Daniel Miller
With an eye toward consolidating its Los Angeles-area operations, Comcast Corp. has purchased 10 Universal City Plaza, the tallest office building in the San Fernando Valley, for its NBCUniversal division. Comcast's NBCUniversal unit is the largest tenant at the property, which sold for about $420 million, according to three sources with knowledge of the matter. The deal with seller Normandy Real Estate Partners  closed Tuesday. According to real estate sources who were not authorized to comment publicly, the 35-story building in Universal City sold for about $516 per square foot. The transaction is one of the biggest commercial real estate deals in Los Angeles County this year.
CALIFORNIA | LOCAL
April 23, 1985
A young man from Garden Grove man and four youths, stopped by Costa Mesa police while driving through an industrial area at 3:20 a.m. Monday, were arrested on suspicion of possessing stolen property, authorities said. "There was no reason for them to be driving around there," Costa Mesa Police Lt. Tom Durham said Monday. He was referring to the industrial complex at Cadillac and Scenic avenues, in the northwest corner of the city.
HOME & GARDEN
April 28, 2011 | By Lauren Beale, Los Angeles Times
Writer Jack Canfield, who co-created the Chicken Soup for the Soul series, will sell an oceanfront estate in West Maui, Hawaii, by auction May 12. The suggested opening bid is $7.5 million. Canfield, who makes his primary residence in Santa Barbara, is a key investor in the property, listed at $15.9 million. Called the Jewel of Kahana, the half-acre property has 250 feet of ocean frontage. The main house and two-story detached guest quarters include eight bedroom suites.
CALIFORNIA | LOCAL
February 27, 2014 | Samantha Schaefer
Ten paces north of the angular rock on a hill, a rusty can hangs from a tree that marks the spot. More than 100 years ago, someone chose the space below to stash away their fortune -- $28,000 in U.S. gold coins. They stayed concealed there, buried in eight tin cans, until John and Mary came upon them last year on their daily walk. They had struck gold. And when they realized it, the Northern California couple dug a hole in their wood pile, placed the 1,400 coins in bags and boxes in an old ice chest and buried them again.
NEWS
July 10, 1990 | WILLIAM C. REMPEL and KRISTINA M. LUZ, SPECIAL TO THE TIMES
Saudi financier Adnan Khashoggi, who was acquitted of fraud charges last week along with Imelda Marcos, has agreed to waive all personal claims to millions of dollars in art and real estate acquired from Mrs. Marcos and her late husband, former Philippine dictator Ferdinand E. Marcos, it was learned Monday. In exchange, federal racketeering charges still pending against him will be dropped. "My client is tired of being in our country's courts," attorney James P.
BUSINESS
January 24, 2010 | By Roger Vincent
Bill Hoffman has logged more than 1.5 million airline miles in his travels to troubled hotels, office buildings and other business properties. As a court-appointed receiver who takes care of distressed commercial real estate, Hoffman has a long way to go to catch up with George Clooney's ambitiously nomadic character Ryan Bingham in "Up in the Air." But Hoffman is adding mileage points fast. These are boom times for receivers. With the brutal real estate market causing owners to lose their buildings to their lenders, more professionals like Hoffman are being tapped to look after properties until they can be resold.
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