Costa Mesa : Home Builder Acquires Gardena-Based Thrift
- Share via
Standard Pacific, L. P., a Costa Mesa-based residential home-building firm, has acquired South Bay Savings & Loan Assn. of Gardena, the Federal Home Loan Bank Board announced Friday.
Standard Pacific, which is a publicly held limited partnership with $312.8 million in assets, will operate its newly acquired subsidiary as a federal stock association known as Standard Pacific Savings, F.A. Prior to the acquisition, South Bay Savings was a $62.5-million, state-chartered stock association with branches in Costa Mesa and Newport Beach.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
