Marina Sites Put in Receivership : Courts: Cal Fed Bank wants to gain control of six properties because of the developer’s failure to make loan payments of more than $1 million.

A Superior Court judge has granted California Federal Bank’s request to have a receiver take control of six Marina del Rey properties operated by developer Abraham M. Lurie and his Saudi Arabian partners.

But after a brief hearing Monday in Santa Monica, Judge Sara K. Radin delayed the effect of her order for 10 days during which Lurie can appeal the decision or attempt to reach an accommodation with the bank.

Lurie said in a statement that he was disappointed with the court’s order. A spokesman said later that an appeal is one option under consideration.

Cal Fed filed suit against the partnership, Marina International Properties Ltd., and Lurie’s company, Real Property Management Inc., for failure to make more than $1 million in loan payments during February and March.

The case marked the second time in less than a year that the bank has gone to court seeking to force Lurie and his partners into receivership for non-payment on $46.8 million in loans.

Two other banks, Great Western Bank and Mitsui Manufacturers Bank, also have recorded default notices against Lurie for failure to make loan payments.

Lurie, the largest leaseholder in county-owned Marina del Rey, and his Saudi Arabian partners have been locked in an increasingly bitter battle for control of apartment complexes, hotels, offices, shopping centers, restaurants and more than 1,000 boat slips in the marina. All of the properties are operated on long-term leases with the county.

The Saudi investors, headed by billionaire businessman Abdul Aziz Al-Ibrahim, sued Lurie last month alleging that he has engaged in fraud since selling them a 49.9% interest in his marina holdings in August, 1989. The Saudis contend that Lurie has diverted funds, failed to provide accounting and financial records and treated them as “deep pockets” rather than partners.

The Saudis asked the court to dissolve their partnership and appoint them as receiver of the properties. When the case was filed, Lurie’s attorney, Stephen Claman, called the allegations “garden variety.” Lurie has said a countersuit is expected.

That dispute could take months or years to resolve. Meanwhile, Judge Radin’s order would place Cal Fed’s receiver in control of six marina properties--the Islander Marina and Admiralty Apartments, Fisherman’s Village, Marina Beach Shopping Center, Marina West and Pier 44.

The receiver, Richard A. Halderman Jr., senior vice president of Lido Pacific Group, an Irvine-based real estate management company, said in court papers that he would work with the existing management to ensure continuity in operation of the properties.

Lurie pledged in his statement to cooperate fully with the receiver.