News

Alameda Sun: Transit Proposed to Unsnarl Point Traffic
Excerpt: Calthorpe said he would like to see the PRT run from Alameda Point to Jack London Square and into downtown Oakland. Eventually the system could expand to include Park Street. The PRT is only a part of the plan to build 6,000 units...
Added: Sep 18, 2008 at 1:22 PM
The Island: SunCal: Alameda project not backed by Lehman
Excerpt: Per SunCal spokesman Joe Aguirre: “The bankruptcy filing by Lehman Brothers Holdings Inc. does not affect SunCal Companies’ development in Alameda. SunCal partners with various lenders and investors throughout the more than 50...
Added: Sep 16, 2008 at 9:00 PM
East Bay Business Times: SunCal wants partner for Alameda Point
Excerpt: SunCal Cos., the second master developer at Alameda Point, is asking the city for permission to bring on a financial partner. East Coast hedge fund D.E. Shaw...
Added: Sep 4, 2008 at 9:00 PM
East Bay Express: Hidden Costs
Excerpt: A Southern California developer last week shared its sweeping new plans for a giant housing community on the former Alameda Naval Air Station. Officials for SunCal Companies spoke at a town hall meeting about the importance of...
Added: Sep 2, 2008 at 9:00 PM
Alameda Sun: Locals Bash Navy's Clean-up Plan
Excerpt: In a scathing letter, members of the city's watchdog group pilloried the Navy's clean-up plans for Alameda Point, saying it would leave in place a dangerous cocktail of toxic and radioactive waste that will be brought to the...
Added: Aug 29, 2008 at 1:18 PM
New Mexico Business Weekly: SunCal: Lehman didn't finance any New Mexico projects
Excerpt: In the wake of Lehman Brothers' bankruptcy filing, SunCal Cos. issued a statement disavowing any financial connection between Lehman and SunCal's New Mexico project in Albuquerque. Lehman Brothers had financed many of SunCal's...
Added: Aug 16, 2008 at 12:08 PM
Santa Clarita Signal: Homes proposed for contaminated site
Excerpt: SunCal, which is also planning the NorthLake development in Castaic, purchased the Whittaker-Bermite site for $63.8 million in 2006. The company purchased the property along with Cherokee Investment Partners, which specializes in...
Added: Jul 16, 2008 at 2:35 PM
Press Enterprise: Banning, Black Bench developer wrangle over legal fees
Excerpt: BANNING - The city and developer SunCal are wrangling over attorney fees that stem from the proposed Black Bench residential development that is tied up in court. In addition, the Irvine-based company has acknowledged reports...
Added: Jul 4, 2008 at 9:00 PM
Alameda Sun: SunCal Sends Cash After Deadline
Excerpt: SunCal Companies, the Irvine-based developer hand-picked to deliver a new neighborhood out of the largely abandoned Naval Air Station-Alameda, briefly defaulted on nearly half a million dollars in payments to the city; raising...
Added: Apr 24, 2008 at 9:00 PM
Albuquerque Journal: SunCal Defaults on Loans
Excerpt: City Councilor Michael Cadigan, who has been an outspoken critic of SunCal, said Thursday the problems in other states show "a pattern of financial irresponsibility." He said a half-finished development, regardless of whether the...
Added: Mar 16, 2008 at 9:00 PM

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