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Robert E Woolley

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BUSINESS
February 10, 1989 | From United Press International
About 1,400 people who invested $98 million in limited partnerships to build Embassy Suites hotels in Santa Ana and five other California cities filed suit Thursday in Los Angeles, contending that they were victims of a massive fraud scheme. Four named plaintiffs filed the suit in U.S.
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BUSINESS
February 10, 1989 | From United Press International
About 1,400 people who invested $98 million in limited partnerships to build Embassy Suites hotels in Santa Ana and five other California cities filed suit Thursday in Los Angeles, contending that they were victims of a massive fraud scheme. Four named plaintiffs filed the suit in U.S.
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NEWS
February 15, 1990
The Embassy Suites Hotel in Downey was sold last week to a Japanese corporation for about $31 million, a lawyer for the buyer said. Sanwa Jutaku Co. Ltd. of Osaka bought the 220-room hotel and a nearby restaurant from an investment group headed Robert E. Woolley of Irving, Tex. The deal closed last Friday, said lawyer David Tilford, who represents Sanwa Jutaku. The eight-story hotel is the centerpiece of the city's redevelopment program, which was started in 1978.
NEWS
December 2, 1990
The city has dropped a Texas developer from a 220-room Sheraton hotel project after the developer missed a deadline to purchase the land for the project, officials said Wednesday. The City Council on Tuesday voted to terminate a contract with Texas-based GR Development/Robert E. Woolley Inc. because the company missed a Sept. 17 deadline for buying eight acres on Corporate Center Drive from the city, Economic Development Director Keith Breskin said.
BUSINESS
February 10, 1989 | From United Press International
About 1,400 people who invested $98 million in limited partnerships to build six Embassy Suites hotels in California filed suit Thursday, contending that they were victims of a massive fraud scheme. Four named plaintiffs filed the suit in U.S. District Court on behalf of themselves and the other investors across the country who participated in a plan to build hotels in El Segundo, Downey, Santa Ana, Oxnard and Napa and Burlingame in Northern California.
NEWS
February 8, 1990 | RICK HOLGUIN, TIMES STAFF WRITER
The City Council has approved the sale of the Embassy Suites Hotel, the centerpiece of the city's redevelopment program, to a Japanese corporation for $31 million. Sanwa Jutaku Co. Ltd. of Osaka is buying the 220-room hotel and a nearby restaurant from an investment group headed by Robert E. Woolley of Irving, Tex. The sale is scheduled to become final Friday, said lawyer Robert S. Mautner, who is representing Woolley's group--Downey Hometel Limited Partnership.
NEWS
August 10, 1989 | BERKLEY HUDSON, Times Staff Writer
Despite continued opposition by some residents, the City Council has approved paying $4 million for a seven-acre site at the Los Angeles Corporate Center, where a 225-room Embassy Suites Hotel would be developed. The hotel project, approved by a 4-1 vote Monday, could result in the city's gaining $750,000 in revenues and taxes annually, city officials say.
NEWS
February 24, 1991 | IRENE CHANG, TIMES STAFF WRITER
The City Council on Wednesday selected a Los Angeles company with financial ties to Taiwan as the winner of a competition to develop an ambitious hotel and shopping center complex. City officials said the project would be impossible to pull off in the current economic climate if not for Pacific Rim dollars. They said no taxpayer funds will be used in the $80-million development.
CALIFORNIA | LOCAL
May 11, 1991 | SANTIAGO O'DONNELL, TIMES STAFF WRITER
Mandalay Beach Resort Hotel, Oxnard's most lavish seaside vacation spot, has defaulted on property tax payments to the county for the third time in four years. As a result, the city of Oxnard has been unable to collect its anticipated share of the unpaid property taxes from the county to pay for landscaping and beach maintenance in the area.
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