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BUSINESS
December 8, 1992 | From Times Staff and Wire Reports
Group Agrees to Buy Santa Monica Beach Hotel: A group headed by hoteliers Edward and Thomas Slatkin and an affiliate of investment banker Goldman Sachs & Co. agreed to purchase the partially completed Santa Monica Beach Hotel for $18.75 million from a group of investors led by Los Angeles developer Sam Stein. The Slatkin and Goldman Sachs group said it would complete the 198-room beachfront hotel, which fell into bankruptcy last year, in about eight months.
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BUSINESS
December 8, 1992 | From Times Staff and Wire Reports
Group Agrees to Buy Santa Monica Beach Hotel: A group headed by hoteliers Edward and Thomas Slatkin and an affiliate of investment banker Goldman Sachs & Co. agreed to purchase the partially completed Santa Monica Beach Hotel for $18.75 million from a group of investors led by Los Angeles developer Sam Stein. The Slatkin and Goldman Sachs group said it would complete the 198-room beachfront hotel, which fell into bankruptcy last year, in about eight months.
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BUSINESS
July 19, 1989 | JOHN O'DELL, Times Staff Writer
The oceanfront Dana Point Resort has been sold to a Japanese garment industry giant for about $104 million in what is one of the largest real estate deals in the Southland this year. The price represents a doubling in the value of the 12-acre property overlooking Dana Point Harbor in Orange County, built for $50 million in 1987, and demonstrates the torrid appreciation of coastal property. Edward Thomas Cos.
BUSINESS
July 19, 1989 | JOHN O'DELL, Times Staff Writer
The oceanfront Dana Point Resort has been sold to a Japanese garment industry giant for about $104 million in what is one of the largest real estate deals in the Southland this year. The price represents a doubling in the value of the 12-acre property overlooking Dana Point Harbor in Orange County, built for $50 million in 1987, and demonstrates the torrid appreciation of coastal property. Edward Thomas Cos.
CALIFORNIA | LOCAL
August 23, 1987 | MARK I. PINSKY, Times Staff Writer
Plans for a major luxury hotel near the Ritz-Carlton Hotel in Laguna Niguel could turn the Monarch Beach area into a "destination resort" competitive with Hawaii, Palm Springs and Scottsdale, Ariz., a chief analyst with the international accounting firm Laventhol & Horwath said Saturday. Honolulu developer Christopher B.
BUSINESS
August 15, 1987 | LESLIE BERKMAN, Times Staff Writer
Southmark Pacific Corp., a Los Angeles-based real estate development company, confirmed Friday that it has signed a definitive agreement to sell a new 350-room resort hotel in Dana Point to a company owned by members of the Slatkin family of Beverly Hills. The sale price was not disclosed. The hotel is being built at a cost of $50 million by a joint-venture partnership between an affiliate of Southmark and Jim Dieterich and Jim Youngblood, principals of Lantern Bay Resort Partners Ltd.
NEWS
December 10, 1992
There will be a hotel on the beach in Santa Monica after all. The unfinished--and, for the moment, nameless--hotel at the foot of Pico Boulevard has been bought by the former owners of the Beverly Hills Hotel, who will resume construction Jan. 4 on the 198-room luxury seaside inn. It has been more than a year since worked stopped on the project, formerly known as the Park Hyatt Hotel, because of a construction dispute and subsequent bankruptcy of its former owner, Sam C. Stein.
NEWS
September 22, 1990
Paula Settle Slatkin, former producer and director of ABC's "Eye on LA" and "Eye on Hollywood," has died. She was 33. She died Sunday at Cedars Sinai Hospital of cirrhosis of the liver. A Phi Beta Kappa graduate of Longwood College in Farmville, Va., Mrs. Slatkin was in charge of the television shows from 1981 to 1984. In 1985, she married Thomas Slatkin, one of the former owners of the Beverly Hills Hotel and Dana Point Resort.
NEWS
March 21, 1993
The partially completed seaside hotel at the foot of Pico Boulevard has been named Shutters on the Beach by its new owners, hoteliers Edward and Thomas Slatkin. The Slatkins bought the property when investors in what was to be a Hyatt hotel sought bankruptcy protection and halted construction. The hotel is expected to be the only one on the Westside actually on the beach.
CALIFORNIA | LOCAL
August 23, 1987 | MARK I. PINSKY, Times Staff Writer
Plans for a major luxury hotel near the Ritz-Carlton Hotel in Laguna Niguel could turn the Monarch Beach area into a "destination resort" competitive with Hawaii, Palm Springs and Scottsdale, Ariz., a chief analyst with the national accounting firm Laventhal and Horwath said Saturday. Honolulu developer Christopher B.
CALIFORNIA | LOCAL
August 23, 1987 | MARK I. PINSKY, Times Staff Writer
Plans for a major luxury hotel near the Ritz-Carlton Hotel in Laguna Niguel could turn the Monarch Beach area into a "destination resort" competitive with Hawaii, Palm Springs and Scottsdale, Ariz., a chief analyst with the international accounting firm Laventhol & Horwath said Saturday. Honolulu developer Christopher B.
BUSINESS
March 10, 1998 | MELINDA FULMER
After almost seven years of legal wrangling, a bankruptcy and an appeal, the original developer of Santa Monica's famed Shutters at the Beach hotel is getting his financial due. Sam Stein of Encino has settled the seaside hotel's construction defect arbitration suit against Phoenix-based Gosnell Builders Corp. for $33 million, one of the largest such settlements in recent years, according to Los Angeles attorney Lee Colton, who represented Stein.
NEWS
July 19, 1989 | JOHN O'DELL, Times Staff Writer
The oceanfront Dana Point Resort has been sold to a Japanese garment industry giant for about $104 million in what is one of the largest real estate deals in the Southland this year. The price represents a doubling in the value of the 12-acre property overlooking Dana Point Harbor in Orange County, built for $50 million in 1987, and demonstrates the torrid appreciation of coastal property. Edward Thomas Cos.
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