The Mount Vernon Community School District Alumni Association is pleased to announce the following alums have been selected as 2022 Alumni Hall of Fame recipients:
Share this:
Mohammad Honarkar speaks during a Laguna Beach Business Club meeting at Kitchen in the Canyon in October 2018. Photo by Daniel Langhorne
By Bradley Zint & Daniel Langhorne
A prominent Laguna Beach real estate investor is on the brink of foreclosure on a $195.5-million loan backed by a portfolio of 19 properties, including the Hive complex, Royal Hawaiian restaurant, and Holiday Inn on South Coast Highway.
4G Ventures CEO Mohammad Honarkar was supposed to pay the approximately $133 million remaining on the loan, held by Delaware-based LCC Warehouse, by Dec. 9, but he did not do so, according to a lawsuit filed in Orange County Superior Court against Honarkar’s companies earlier this month.