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Sworn testimony by executive reveals what San Diego council wasn't told about Ash St. deal

Sworn testimony by executive reveals what San Diego council wasn't told about Ash St. deal
sandiegouniontribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegouniontribune.com Daily Mail and Mail on Sunday newspapers.

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Column: Ash Street real estate debacle poses growing problem for Faulconer

Column: Ash Street real estate debacle poses growing problem for Faulconer
sandiegouniontribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegouniontribune.com Daily Mail and Mail on Sunday newspapers.

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Lender behind Ash Street, Civic Center Plaza leases not pleased with city attorney's plan to void contracts

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The fallout from San Diego’s problematic lease-to-own agreement for the former Sempra Energy headquarters at 101 Ash St. continues to broaden.
The lender that financially backed Cisterra Development, the middleman company that leased the 19-story high rise to the city of San Diego on behalf of its former owners, announced late last week that it would do whatever it could to protect its investment.
Meanwhile, a state appeals court has rejected City Attorney Mara Elliott’s bid to get a citizen’s lawsuit challenging the deal thrown out of court.
The three-judge panel denied the appeal late last week, meaning that plaintiff John Gordon and his lawyers can proceed with their lawsuit seeking the return of tens of millions of dollars the city paid to lease the vacant building and the cancellation of the original lease. ....

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Anatomy of the Deal: What happened on Ash Street

Anatomy of the Deal: What happened on Ash Street
sandiegouniontribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegouniontribune.com Daily Mail and Mail on Sunday newspapers.

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City attorney sues 101 Ash St. real estate broker, citing violation of anti-corruption laws -

SAN DIEGO (KUSI) – San Diego’s City Attorney Mara W. Elliott moved forward today legal action voiding City’s now infamous deal with 101 Ash St. and Civic Center Plaza buildings, aiming to recoup more than $44 million for the city.
The 101 Ash St. building has become controversial as of late among San Diego’s officials.
Jason Hughes, commercial real estate broker and a principal of Hughes Marino, Inc., had acted as a “special volunteer for real estate services” for former Mayor Kevin Faulconer.
Elliott’s lawsuit cites evidence that Hughes violated California’s anti-corruption laws through striking two deals on behalf of the City and then pocketing $9.4 million from the sell, which was unreported compensation. ....

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