At the lunch, agents met with marketing consultants hired by Colony Capital, the California developers that have just bought the Stanhope Hotel.
A California developer buys pictures only of buildings he could own.
He was replaced by Larry Shupnick, a California developer and hotel owner who has been active in Chaine affairs for 23 years.
Last year, the Federal regulatory agency rejected Landmark's plan to finance and sell most of the assets to Barry Hon, a California developer.
Now a California developer is scraping away vegetation on the 18 acres next door to put in luxury homes.
Backers, including a California developer, had spent $838,000 in recent weeks in a campaign that featured glossy brochures and expensively produced television commercials.
Ms. Lang cited the case of a California developer who planning to to build a combined low- and moderate-income apartment complex and whose insurance was pending.
Most of Landmark Land's holdings will be acquired by a California developer in a deal valued at up to $967 million.
The situation is also threatening the earnings of Japanese and out-of-state banks that lent heavily to California developers in recent years.
He is a northern California developer who feels unloved in the Great Northwest.