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November 1, 2000
The Orange-based real-estate services company said net income for the third quarter totaled $817,000, or 11 cents a share, 10% higher than the $743,000, or 10 cents a share, for the year-earlier figure. Revenue rose slightly to $21.6 million from $21.5 million.
The three sat together in pews at Calvary C.M.E. Methodist Church in Pasadena Friday during the funeral service, trying to comfort one another and erase feelings of guilt created by their friend's death. These were three of Alan Wiggins' closest friends growing up in Pasadena, staying together from Little League to Elliott Junior High to the Senior Babe Ruth League to being teammates at Muir High.
January 8, 1995 | Steve Erickson, Steve Erickson is the author of five books, including the novels "Arc d'X" and "Tours of the Black Clock"
America wearies of democracy. Thirty years after a war that wounded its heart, 20 years after a scandal that scarred its conscience, 10 years after fiscal policies that ridiculed its sense of responsibility and fairness, the country has nearly exhausted the qualities by which democracy survives and flourishes. America feels at the end of its power, and the result is a hysteria of which we're barely conscious, a hysteria in which democracy appears as a spectacle of impotence and corruption.
May 27, 2008 | Teresa Watanabe, Times Staff Writer
Long before merchants from India, El Salvador, Hong Kong and elsewhere hawked their wares in the Toy District of downtown Los Angeles, the neighborhood was filled with the colorful sights and fragrant smells of old Greece. There were Mediterranean delicacies at the city's first Greek restaurant, Marathon Cafe on 4th Street, and fine olive oil from the Kalamata Importing Co. a few doors down. A block away, Dan Stathatos Sr.
May 2, 1989
Mortgage Investments Plus, a real-estate investment trust in Woodland Hills, agreed to be a partner in the development of a $16-million shopping center in Castro Valley, a community in Alameda County about 25 miles southeast of San Francisco. Mortgage Investments said it will provide $2.5 million in equity to develop the center and will earn an 11% return on that investment. A construction loan of $13.5 million will be provided by a third-party lender. The project's general partner and developer is Oewel Partners Ltd. Mortgage Investments invests in real estate and passes along rental income, capital gains, interest income and other proceeds to its own investors.
November 26, 2002 | Thomas S. Mulligan
Shares of Cendant Corp. sank as much as 9.5% in trading Monday on a report -- denied by the company -- that the Securities and Exchange Commission added the real-estate and travel firm to its investigation of Homestore Inc. Cendant shares recovered to close down 44 cents, or 3.5%, at $12.26 on the New York Stock Exchange. "There is no basis for, nor is there any indication of an investigation by the [SEC] or other authorities into Cendant with regard to the alleged activities at Homestore.
July 16, 1997 | JEAN O. PASCO
Trustees for the county's pension fund will begin liquidating $112 million in real-estate properties around the U.S. plagued by dropping values and alleged mismanagement, swallowing a $53-million loss from its total $165-million investment. Board member Thomas Fox said a group of trustees visited the 12 properties this spring, purchased in 1989, and have been managed by Heitman/JMB Advisory Corp. of Chicago. The tour of the office buildings and malls was revealing, he said.
August 1, 1995 | Compiled by Jack Searles
First Exchange Corp., a real-estate exchange specialist, has relocated from Santa Barbara to downtown Ventura. The company, a subsidiary of First American Title Insurance Co., has moved into the Bard Professional Building at 121 Fir St., according to Grubb & Ellis Co., which arranged a long-term lease. First Exchange is leasing 1,600 square feet of office space from Morton Capital Management, Grubb & Ellis said.
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