News

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
San Clemente Times: Promises Broken The development at Marblehead Coastal is on hold as...
Excerpt: Construction vehicles sit silently as grass sprouts up on the dirt mounds and graded building pads at Marblehead Coastal. A bridge spanning one of the canyons is unfinished, while a fence blocks the project’s Avenida Pico...
Added: Mar 5, 2008 at 9:00 PM
Orange County Register: Builder SunCal accused of failing to pay bills, complete...
Excerpt: Troubles are mounting for the Irvine-based developer that lost a battle last fall with the Walt Disney Co. over a proposed residential project in Anaheim’s resort district, then lost the land planned for the development.
Added: Mar 5, 2008 at 10:58 AM
Orange County Register: San Clemente ready to sue developer SunCal
Excerpt: There appears to be movement at the 248-acre Marblehead Coastal construction site after the city's elected leaders announced Tuesday they will sue the master developer to demand completion of promised parks, roads and other site...
Added: Mar 4, 2008 at 9:00 PM
Orange County Register: Woes mount for SunCal
Excerpt: Irvine-based land developer faces rising claims from contractors, suppliers and lenders. Troubles are mounting for the Irvine-based developer that lost a battle last fall with the Walt Disney Co. over a proposed residential...
Added: Mar 4, 2008 at 9:00 PM

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