Advertisement
YOU ARE HERE: LAT HomeCollectionsRobert J Lowe
IN THE NEWS

Robert J Lowe

FEATURED ARTICLES
BUSINESS
October 6, 2010 | By Roger Vincent, Los Angeles Times
Terranea Resort in Rancho Palos Verdes, which defaulted on two loans last year, has found new investors and successfully recapitalized, its owners said Tuesday. The deal allows Los Angeles developer Lowe Enterprises to retain ownership of the $480-million resort, which opened last year amid the worst travel market since the Great Depression. Lowe was one of hundreds of California hotel owners that received notices of default or faced foreclosures by their lenders last year. Terms of the transaction announced Tuesday include an extension of the loans on the property and new capital commitments of more than $100 million.
ARTICLES BY DATE
BUSINESS
October 6, 2010 | By Roger Vincent, Los Angeles Times
Terranea Resort in Rancho Palos Verdes, which defaulted on two loans last year, has found new investors and successfully recapitalized, its owners said Tuesday. The deal allows Los Angeles developer Lowe Enterprises to retain ownership of the $480-million resort, which opened last year amid the worst travel market since the Great Depression. Lowe was one of hundreds of California hotel owners that received notices of default or faced foreclosures by their lenders last year. Terms of the transaction announced Tuesday include an extension of the loans on the property and new capital commitments of more than $100 million.
Advertisement
BUSINESS
February 9, 1999 | MELINDA FULMER, TIMES STAFF WRITER
Developer Robert J. Lowe is an unlikely real estate mogul. In a world of brash talkers and big egos, Lowe is laconic and low-key--more of a Gary Cooper than a John Wayne, according to his friend the mayor. But mogul is what the 59-year-old bespectacled executive has become in recent years, with more than $3.5 billion worth of real estate assets under his control, and close alliances with Los Angeles Mayor Richard Riordan and other politicos, including former Gov. Pete Wilson.
BUSINESS
February 9, 1999 | MELINDA FULMER, TIMES STAFF WRITER
Developer Robert J. Lowe is an unlikely real estate mogul. In a world of brash talkers and big egos, Lowe is laconic and low-key--more of a Gary Cooper than a John Wayne, according to his friend the mayor. But mogul is what the 59-year-old bespectacled executive has become in recent years, with more than $3.5 billion worth of real estate assets under his control, and close alliances with Los Angeles Mayor Richard Riordan and other politicos, including former Gov. Pete Wilson.
BUSINESS
June 14, 2008 | From Times Staff and Wire Reports
Los Angeles-based Lowe Enterprises, a national real estate developer, has named Robert J. Lowe Jr. chief executive of the firm's hospitality division. He replaces John B. Platt III, who will remain chairman.
REAL ESTATE
March 28, 1993
James J. Didion of CB Commercial Real Estate Group, Hayden C. Eaves III of Trammell Crow Co. and Robert J. Lowe, who heads his own development company, will be honored April 28 at the 21st annual Humanitarian Awards Dinner-Dance of the National Conference of Christians & Jews at the Regent Beverly Wilshire Hotel in Beverly Hills. Didion is chairman and chief executive officer of CB Commercial Group, which he joined in 1962.
BUSINESS
January 5, 1999
Two major real estate conferences that will cover a variety of topics and issues--from economics to new housing design--will be held in Los Angeles this month. Both offer continuing-education credit. The 1999 Real Estate Outlook Conference will be held Jan. 21 at the Century Plaza Hotel and will include sessions on economics, real estate investment trusts and major developments. Speakers include Jerry I. Speyer, president of Tishman Speyer Properties; Robert J.
BUSINESS
August 27, 1999
* Becky C. Shelton has been named an executive vice president and head of the new wealth management division at Los Angeles-based Sanwa Bank California. Her appointment is part of ongoing personnel changes that began in January, when Sanwa announced a bankwide management reorganization that included the formation of the wealth management division. At that time, Sanwa created two distinct business units: a retail bank and a commercial bank.
BUSINESS
August 5, 1999 | From a Times Staff Writer
Lowe Enterprises Inc. and New York-based Teachers Insurance Annuity Assn., one of the nation's largest institutional investors, on Wednesday said they will form a partnership to build commercial real estate projects nationwide. Lowe, a Los Angeles-based real estate investment and advisory firm, will develop the projects with TIAA's financial backing. The joint venture, which will be called Lowe Commercial Development Co.
BUSINESS
August 25, 1999
Janet Thompson has been appointed president and chief executive of Designory Inc., a Long Beach-based marketing communications design firm that specializes in brand integration. Since 1995, Thompson had been vice president of the interactive golf division of Carlsbad-based Callaway Golf Co. * Walt Disney Co.'
BUSINESS
August 28, 2009 | Roger Vincent
Financial challenges are mounting for developer Lowe Enterprises, which has received a default notice from another major lender on Terranea Resort in Rancho Palos Verdes and has stopped making mortgage payments on its Sheraton Universal Hotel in Universal City. Brentwood-based Lowe's money problems underscore the dramatic change in the fortunes of hotel owners since the recession began, driving down occupancy and room rates, according to hospitality industry experts. About 275 California hotels have received notices of default or already faced foreclosure by their lenders, said consultant Alan Reay, president of Atlas Hospitality Group.
BUSINESS
April 17, 1997 | JESUS SANCHEZ, TIMES STAFF WRITER
Real estate executive Robert J. Lowe spent the early days of his career skiing as well as developing one of Colorado's largest ski resorts, Snowmass. Three decades later, Lowe, president of Los Angeles-based Lowe Enterprises, is still involved in the resort business. But this time around, "we see the growth in warmer climates," Lowe said.
Los Angeles Times Articles
|