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...Houston Rockets and Terry Cummings of the Milwaukee Bucks. Their first investment was the $1 million Redmont Hotel in Birmingham, which they are spending nearly $5 million to remodel. A $22 million Los Angeles health club is under construction. The group is also negotiating to buy the Inn of Laguna in Laguna Beach, Calif. Asking price: $4 million...

Author: /time Magazine | Title: Business Notes: Nov. 4, 1985 | 4/18/2005 | See Source »

...January and February alone?peak season on Thailand's Andaman coast?the drop-off in tourist arrivals will cost the island $500 million, or almost double the property damage inflicted by the tsunami. "It's all gone to hell in a handbasket," says James R. Batt, managing director of Laguna Phuket, the island's largest resort, which never closed despite sustaining minor damage. "Phuket is a brand. The association it has in most of the world is as a tropical resort. Now, without question, people know it as an island that was hit [by the tsunami...

Author: /time Magazine | Title: Time to Go Back to the Beach | 2/14/2005 | See Source »

...that highlight the many attractions that were untouched or have already reopened, in hopes of dispelling the gruesome images of paradise lost. Both campaigns attempt to reassure their audience that it's not only O.K. to return?it's necessary. "I liken it to attending a charity ball," says Laguna Phuket's Batt. "You get to go to a place and feel good about...

Author: /time Magazine | Title: Time to Go Back to the Beach | 2/14/2005 | See Source »

Michael A. Codini ’08, who is from Laguna Beach in Orange County, said that the program was not representative of his home...

Author: By Brendan R. Linn, CONTRIBUTING WRITER | Title: Harvard Returns to the OC | 11/5/2004 | See Source »

...modular and precut, to rise to roughly $11.8 billion by 2007, up from $9.5 billion in 2003. (And, yes, that includes trailers and double-wides.) Interest is already beginning to grow--among both consumers and investors. Rocio Romero, 32, an architect from Perryville, Mo., has sold five of her Laguna Verde (LV) kit houses, which are priced at $31,050. Andrew Reid, a sales manager for Countrywide Home Loans in Woodinville and Chelan, Wash., says he has been swamped with inquiries since Kaufmann's Glidehouse was featured in Sunset magazine. "I had several hundred calls from potential buyers," he says...

Author: /time Magazine | Title: Homebuilding: Prefab Rehab | 9/6/2004 | See Source »

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