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Real Estate Orange County

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BUSINESS
October 21, 1989 | Michael Flagg Times staff writer
Of 13 major Western U.S. markets, Orange County scored as one of the healthiest places to invest in real estate in a recent survey but was topped by Los Angeles, Sacramento and Oakland. The survey, by AMB Institutional Realty Advisors in San Francisco, rated real estate markets on the growth, stability and diversity of their economies. Orange County ranked high in growth and moderate in stability and diversity. Los Angeles and Sacramento, by contrast, ranked "high" in all three.
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BUSINESS
August 13, 2002 | BRAD BERTON, SPECIAL TO THE TIMES
The Orange County investment group that recently obtained an option to purchase the landmark Arco Plaza high-rise complex in downtown Los Angeles has quietly put its position up for sale. Kings Capital, a San Juan Capistrano-based company headed by investor Kenneth Picerne, announced in May that it had completed transactions involving Arco Plaza and assets in Japan held by affiliates of Arco Plaza owner Shuwa Investments Corp.
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NEWS
December 8, 1991 | JEFFREY A. PERLMAN and DAVID WILLMAN, TIMES STAFF WRITERS
Using Mello-Roos bonds to pay for projects in undeveloped areas can be risky even in Orange County, as was shown recently when two major firms failed to pay their tax bills for a site just northwest of Mission Viejo. Here's what happened at Portola Hills, a project of the Baldwin Co. and J.M. Peters Co.
BUSINESS
August 8, 2000 | BOB HOWARD, SPECIAL TO THE TIMES
Construction of apartments is up nearly 65% in Los Angeles County this year and 85% in Orange County, suggesting that the region is headed for one of its biggest years of apartment building since construction of multifamily housing nearly ground to a halt in 1993. But the number of units heading to market doesn't begin to approach the construction levels of earlier real estate booms and is far off the pace government planners say is necessary to house the area's burgeoning population.
BUSINESS
October 30, 1999 | JULIE TAMAKI, TIMES STAFF WRITER
Rising mortgage rates sent a chill through the nation's home-building industry last month as new-home sales fell 12.8%. Nationwide, sales of new single-family homes dropped to a seasonally adjusted annual rate of 811,000 units. The September decline was the largest drop since January 1994, when sales fell 24%, the Commerce Department reported Friday. Surprised by the weak showing, economists were quick to blame mortgage interest rates, which rose to 7.
BUSINESS
August 13, 2002 | BRAD BERTON, SPECIAL TO THE TIMES
The Orange County investment group that recently obtained an option to purchase the landmark Arco Plaza high-rise complex in downtown Los Angeles has quietly put its position up for sale. Kings Capital, a San Juan Capistrano-based company headed by investor Kenneth Picerne, announced in May that it had completed transactions involving Arco Plaza and assets in Japan held by affiliates of Arco Plaza owner Shuwa Investments Corp.
NEWS
March 5, 1995 | DEBORA VRANA, TIMES STAFF WRITER
Such traumas as riots, earthquakes and random acts of violence have driven thousands of Angelenos from their homes and into the relatively safe, master-planned arms of Orange County in recent years. But with the widespread uncertainty and fear sparked by the nation's largest municipal bankruptcy filing, some Los Angeles County real estate brokers along the Orange County border are taking advantage of the opportunity to woo home buyers back.
NEWS
June 19, 1992 | DAVID G. SAVAGE, TIMES STAFF WRITER
The U.S. Supreme Court, refusing to "upset the will of the people of California," on Thursday upheld the legality of the state's controversial Proposition 13, but called the property tax system "distasteful and unwise." In its 8-1 ruling, the court said Proposition 13, approved by voters in 1978, does not violate the U.S. Constitution's guarantee of "equal protection of the laws," even though it grants tax relief to longtime residents at the expense of new home buyers.
BUSINESS
August 8, 2000 | BOB HOWARD, SPECIAL TO THE TIMES
Construction of apartments is up nearly 65% in Los Angeles County this year and 85% in Orange County, suggesting that the region is headed for one of its biggest years of apartment building since construction of multifamily housing nearly ground to a halt in 1993. But the number of units heading to market doesn't begin to approach the construction levels of earlier real estate booms and is far off the pace government planners say is necessary to house the area's burgeoning population.
BUSINESS
October 30, 1999 | JULIE TAMAKI, TIMES STAFF WRITER
Rising mortgage rates sent a chill through the nation's home-building industry last month as new-home sales fell 12.8%. Nationwide, sales of new single-family homes dropped to a seasonally adjusted annual rate of 811,000 units. The September decline was the largest drop since January 1994, when sales fell 24%, the Commerce Department reported Friday. Surprised by the weak showing, economists were quick to blame mortgage interest rates, which rose to 7.
NEWS
March 5, 1995 | DEBORA VRANA, TIMES STAFF WRITER
Such traumas as riots, earthquakes and random acts of violence have driven thousands of Angelenos from their homes and into the relatively safe, master-planned arms of Orange County in recent years. But with the widespread uncertainty and fear sparked by the nation's largest municipal bankruptcy filing, some Los Angeles County real estate brokers along the Orange County border are taking advantage of the opportunity to woo home buyers back.
NEWS
June 19, 1992 | DAVID G. SAVAGE, TIMES STAFF WRITER
The U.S. Supreme Court, refusing to "upset the will of the people of California," on Thursday upheld the legality of the state's controversial Proposition 13, but called the property tax system "distasteful and unwise." In its 8-1 ruling, the court said Proposition 13, approved by voters in 1978, does not violate the U.S. Constitution's guarantee of "equal protection of the laws," even though it grants tax relief to longtime residents at the expense of new home buyers.
NEWS
December 8, 1991 | JEFFREY A. PERLMAN and DAVID WILLMAN, TIMES STAFF WRITERS
Using Mello-Roos bonds to pay for projects in undeveloped areas can be risky even in Orange County, as was shown recently when two major firms failed to pay their tax bills for a site just northwest of Mission Viejo. Here's what happened at Portola Hills, a project of the Baldwin Co. and J.M. Peters Co.
BUSINESS
October 21, 1989 | Michael Flagg Times staff writer
Of 13 major Western U.S. markets, Orange County scored as one of the healthiest places to invest in real estate in a recent survey but was topped by Los Angeles, Sacramento and Oakland. The survey, by AMB Institutional Realty Advisors in San Francisco, rated real estate markets on the growth, stability and diversity of their economies. Orange County ranked high in growth and moderate in stability and diversity. Los Angeles and Sacramento, by contrast, ranked "high" in all three.
BUSINESS
March 28, 1990 | Michael Flagg, Times staff writer
New Offices: he Keith Cos., a Costa Mesa planning and engineering firm, opened its first office outside the United States in Taipei, Taiwan, and is looking at offices in Australia and Europe. Also, Burke Commercial Real Estate, an Orange County brokerage firm, just opened a Las Vegas office.
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