June 15, 1986
R.W. Selby & Co. has bought a 106-unit apartment under construction at 533 Midvale Ave., Westwood Village, from Homestead Group Associates for $11 million. It is the latest purchase by Selby from Homestead and brought the value of Selby's acquisitions there to more than $36 million.
February 2, 1986
R.W. Selby & Co. Inc. of Brentwood has acquired two apartment complexes in Westwood: a 60-unit building under construction at 534 Midvale Ave. and an 40-unit building at 430 Kelton Ave. Homestead Associates of West Los Angeles, who also acted as general contractor, sold the structures for $6 million and $4.3 million, respectively. R.W. Selby represented itself as a principal with no brokerage commission involved in either transaction.
July 21, 1985
R.W. Selby and Co. Inc. of Brentwood has bought two apartment complexes. It acquired a new, 88-unit property at 7400 Sepulveda Blvd., Van Nuys, for $5 million from MST Partnership, and a 56-unit complex under construction at 10970 Wellworth Ave., Westwood, for in excess of $6 million. Seller was Homestead Long Beach Venture.
CALIFORNIA | LOCAL
October 9, 2007 |
The owner of a large Laguna Niguel apartment complex worked Monday to shore up 48 units that had been evacuated because of landslide fears. Residents were ordered to leave their homes in the 178-unit Laguna Summit Apartments, which overlook Crown Valley Parkway, after the unstable land was discovered last week, said Solveig Darner, Laguna Niguel's community liaison. Darner said she was unaware of previous problems at the apartments. Residents of 16 units left voluntarily.
February 28, 2001 |
Southern California property manager R.W. Selby & Co. will pay $450,000 in refunds to apartment tenants who lost their security deposits because of improper charges by the company, according to a court-approved settlement announced by state Atty. Gen. Bill Lockyer. The attorney general's office is not sure how many tenants are affected by the agreement, because it has yet to scrutinize Selby's books to determine who should receive the refunds, said Sandra Michioku, a spokeswoman for Lockyer.
September 15, 1985
Construction is under way on a $7.5-million, 112-unit apartment complex at 1030 Tiverton Ave., Westwood Village, according to the developers, R. W. Selby & Co., Brentwood. The project is being built on the site of the 14-unit El Greco apartment complex, designated a cultural historic monument by the city of Los Angeles in 1981. In an agreement reached with the office of Councilman Zev Yaroslavsky, the Selby firm agreed to donate the old building to Alternative Living for the Aging Inc.