- WYVERNWOOD TIMELINE: 1939 - Built in 1939, Wyvernwood Garden Apartments is a residential complex that spans more than 70 acres in Boyle Heights. It was the first large-scale garden apartment complex in Los Angeles backed by the Federal Housing Administration ( FHA). 1986 - A "new" concept then was the "garden apartment" complex, fostered by the large- scale rental housing division of the Federal Housing Administration. 1993 - Lead checks of Morales' apartment, in the Wyvernwood Garden Apartments in Boyle Heights, showed lead everywhere, from the windowsills and walls to the doors and the carpeting. 1997 - Associates of property owner Samuel S. Mevorach helped Alatorre buy a home in Eagle Rock, while Alatorre backed a proposal for the city to provide loans to buy Mevorach's Wyvernwood Garden Apartments, the Los Angeles Times reported Tuesday. The associates of Mevorach fabricated a lease 1998 - Alatorre is the target of an FBI investigation into whether he improperly benefited financially from businessman Samuel S. Mevorach or from Mevorach's associates while the councilman was pushing for the city to buy the Wyvernwood Garden Apartments 1998- MARKET OWNER TIED TO PROBE The purchaser of the giant Valencia Marketplace is an Arcadia businessman linked to an FBI probe of Los Angeles Councilman Richard Alatorre, documents show. Samuel S. Mevorach, whose name was kept secret when The Newhall Land and Farming Company announced the $111 million sale two weeks ago, was disclosed as the purchaser in a report filed Monday with the U.S. Securities and Exchange Commission.Law enforcement sources told the Daily News in January that the FBI was looking into 1998 - James K. Hahn's office with the owner of the Wyvernwood Garden Apartments in Boyle Heights is a landmark case in efforts to identify and treat thousands of low-income children at risk of lead poisoning, prosecutors and public health officials say. 2007 - The Wyvernwood Garden Apartments Loan was originated on June 8, 2007 by or on behalf of Morgan Stanley Mortgage Capital Holdings LLC. Boyle Heights redevelopment: An article in Friday's Section A about plans to redevelop the Wyvernwood Garden Apartments first said the complex was in East Los Angeles, then said it was in Boyle Heights. 2009 - The largest specially serviced asset, Wyvernwood Garden Apartments (3.3%), which is located in Los Angeles, CA, transferred to special servicing in October 2008 for imminent default. The borrower is in discussions with the special servicer for a loan modification.
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- HUH? THE CITY IS STILL BAILING OUT THIS PIECE OF SH*T PROPERTY? CRA MONEY? HUIZAR????
- January 26, 2011 9:38 PM
- MORE COMMENTS:
- VILLARAIGOSA'S BFF MICHELLE RHEE -- IS THIS IS WHY AMERICA IS BROKE?: NON PROFIT ABUSE AND FRAUD -- DEVELOPERS ABUSE -- TAXPAYERS' POLITICIANS ABUSE OF POWER & POSITION...RESEARCH Michelle Rhee’s ongoing alleged CONFLICTS OF INTEREST machinations, financial gaming the system, and legal violations — in Washington, DC and also in Sacramento. Did you know that every time she brings in a new inexperienced, unqualified “Teach for America” intern that she allegedly pays her ex-husband’s organization (he’s the “TFA” Communications Director) a fee of several thousand dollars for each recruit — which goes toward his salary and he then repays back to her as child support ! if so, that’s self-dealing. Investigate the potential rattling skeletons in both Michelle Rhee’s...[TOO HOT FOR ZUMA DOGG...READ THE REST OF THIS COMMENT, HERE. (You'll have to scroll the post for the comment.)] Must-read important news article: http://www.sacbee.com/2009/11/20/2338165/kevin-johnsons-accuser-says-he.html See website: http://sacchartergate.blogspot.com CONNECT THE DOTS CONNECT DONOR DOTS CONNECT NON PROFIT + POLITICIAN DOTS SUBMIT TO FBI STATE CONTROLLER IRS MAYOR VILLARAIGOSA LAUNCHES FUNDRAISING CAMPAIGN WITH $50 MILLION CORNERSTONE INVESTMENT FOR LA SCHOOLS http://www.teachforamerica.org/tfa/newsroom/documents/092607_Villaraigosa.htm The extraordinary gift will be given over a ten year period with $5 million going each year to The Partnership for LA Schools, and $4 million to Teach For America-Los Angeles to place corps members in Los Angeles’ highest need schools. Villaraigosa and the Lundquists have agreed to use the funding on specific programs that will have an immediate impact on improving student achievement in the two families of schools and district-wide. SOMETHING SMELLS FISHY. VILLARAIGOSA KNOWS EDUCATION IS THE GOLD MINE OF FED MONEY. YOU KNOW. JOBS AND EDUCATION.
Thursday, January 27, 2011
Someone Posting Some Info They Want Zuma Dogg To Take To Investigators on Mayor Sam's Blog (TOO HOT!!!)
