Continuum Analytics Buys Mission Viejo Shopping Center therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
The Kaleidoscope, the prominent but beleaguered shopping mall in Mission Viejo that has struggled to sustain foot traffic and tenants over the past two decades, has sold for $33.5 million in a sign of a new future for the property.
In his Sept. 15 Guest Opinion, Michael Ray plays the same disingenuous game as other Shohreh Dupuis acolytes (a remarkable percentage of whom, like Ray, develop real estate) who have rushed to blame Councilman George Weiss for her departure and its cost. Without a single supporting fact, Ray claims that he “felt” like Weiss “harassed” Dupuis and “shouted over and down others.”
Conflicts persist in an ongoing civil dispute over the control of operations and management at multiple Laguna Beach properties between well-known real estate investor Mohammad Honarkar and a group of investors, MOM Entities, who claim to have bailed out Honarkar from foreclosure two years ago.
There was recently a spate of false repetitive information about Hotel Laguna, 14 West Hotel, and other Laguna Beach properties which are fully controlled by MOM Laguna. We are extremely confident that the legal process will validate MOM's authority, control, ownership and actions.