Sunday, August 4, 2019

Football Pioneer Lamar Hunt's 6,615-SF Mansion and 40-Acre Ranch in California's Wine Country on the Market for $20 Million

Lamar Hunt's 6,615-SF Mansion in Knights Valley, CA

           Photo credit: PR Photography.            Source:

KNIGHTS VALLEY, CA --The vast estate of one of pro football’s most important figures, the man who came up with “Super Bowl” to describe the NFL championship game, is for sale, according to

Lamar Hunt
The California vineyard and ranch owned by the late Lamar Hunt, American Football League pioneer and longtime owner of the Kansas City Chiefs, has just been put on the market for the first time by his widow, Norma Hunt, and is priced at $19.95 million.

Norma Hunt
With the backing of his father, H. L. Hunt’s oil money, Dallas resident Larmar Hunt could easily afford to dabble in what he loved most - sports.

 In the late 1950s when baseball was America’s most popular sport and football’s popularity was just starting to warm, Hunt wanted an NFL franchise to expand the game but was turned down by the league citing danger of rapid growth.

H.L. Hunt
Disagreeing with this philosophy, Hunt joined with other investors who had also been turned down and formed a competing league, the American Football League.

In time the two leagues merged, drawing huge attention to the sport. According to football legend, it was Hunt who came up with the name “Super Bowl” after watching his children play with the 1960’s popular toy “Super Ball.”

Christine Krenos

 Hunt didn’t stop with football. He went on to develop hockey, tennis, soccer and basketball teams, leagues and end-of-season championship games and has been inducted into multiple halls of fame.

While actively molding the sports world, he was also developing amusement parks and an innovative underground shopping center. Baby Boomers will remember when he and his brothers cornered the silver market at the end of the 1970s, driving it to a meteoric price per ounce before finally crashing in 1980.

Lamar and his wife of 42 years, Norma, purchased 40 acres of land in Knights Valley, California, along the banks of Bidwell Creek in 2000.

At the top of the Napa Valley, it was a perfect location to develop a vineyard with their preferred Cabernet Sauvignon vines. Their contemporary, 6,615-square-foot house was built that same year and the first block of Cabernet Sauvignon vines were planted in 2002.

Named Bidwell Creek Estate and Vineyard, its label, Perfect Season Cabernet Sauvignon, has won critical acclaim from wine critics and collectors. Though Mrs. Hunt is selling the ranch and vineyard, she is retaining the label.

The Hunt home is designed for open-plan living, is bright and sunny with vaulted, beamed ceilings and glass walls that open to bring the outside breezes in.

 Views of the vines and surrounding mountains can be seen from every room with many rooms opening to the spacious wrap-around veranda.

Stone fireplaces reaching to the rafters can be found in the main living area, master suite and the seating area next to the fully equipped outdoor kitchen.

The home has three bedrooms, five baths, an office, gym, large kitchen with Viking range and a huge wine cellar perfect for hosting tasting events and displaying prized bottles.

 Lamar Hunt's 40-acre estate and winery, Knights Valley, CA
On the market for the first time is the ranch and vineyard built and developed by the visionary sports pioneer Lamar Hunt before his passing in 2006.

 Conveniently located, it is only 20 minutes from the Sonoma County Airport and 10 minutes from shopping and dining in Calistoga.

The listing agent is Christine Krenos, Compass Realty, San Francisco, Beach Street office.


Genelle C. Brown
Content Manager, Media Division
Phone:  434-480-4504

Twitter:  @toptenrealestate 

JLL advises Welltower on $1.8 billion recapitalization of Benchmark Senior Living portfolio

Ted Flagg

NEW YORK, NY  - JLL announces it has exclusively advised Welltower Inc. (NYSE: WELL) in the recapitalization of the Benchmark Senior Living portfolio, which Benchmark previously owned in partnership with Welltower, with private institutional capital for a gross sale price of $1.8 billion. 

The JLL Capital Markets team that represented the seller was led by Senior Managing Director and Co-Head of JLL’s Capital Markets Healthcare practice Ted Flagg. 

As a part of the recapitalization, Welltower has fully exited the portfolio and is entitled to an additional $50 million in earnout proceeds, subject to certain conditions. The recapitalization closed in early July.

The 4,137-unit portfolio consists of 48 assisted living properties located in Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont and had $24 million of secured debt that was extinguished at closing. As part of the recapitalization, Benchmark will invest significant capital into the assets to further enhance the resident experience.

For more news, videos and research resources on JLL, please visit the firm’s U.S. media center Web page: U.S. newsroom.

Deal secured by Holliday Fenoglio Fowler LP (“HFF”) prior to being acquired by JLL on July 1, 2019. Co-brokerage services provided by Jones Lang LaSalle Americas, Inc.


Ted Flagg, JLL Senior Managing Director 
Phone:  +1 212 336 5482

 Olivia Hennessey, JLL Public Relations Specialist
Phone: +1 713 852 3403

JLL closes $29.4 million sale and $20.4 million financing of Fountain Square II in Tampa, FL

Fountain Square II, a Class A office building totaling 133,887 SF at  4925 Independence Parkway, Westshore Office submarket,
Tampa, FL
MIAMI, FL JLL announces that it has closed the $29.4 million sale and $20.4 million financing of Fountain Square II, a Class A office building totaling 133,887 square feet in the Westshore Office submarket of Tampa, Florida.

Rebecca VanReken

JLL represented the seller, Equus Capital Partners, Ltd., and procured the buyer, a joint venture of Owens Realty Capital and Galium Capital, for the acquisition of the property. 

                  Ike Ojala
Working on behalf of the partnership, JLL also arranged a seven-year, fixed-rate acquisition loan through TD Bank.

Fountain Square II is located at 4925 Independence Parkway adjacent to Veteran’s Expressway in the amenity rich Westshore Office submarket of Tampa. 

The property is proximate to Tampa’s northwestern residential cities, including Town N’ Country, Citrus Park, Carrolwood and Northdale, and is within 15 to 30 minutes of both Tampa and St. Petersburg’s central business districts and only five minutes from Tampa International Airport. 

Recently renovated in 2018, the four-story office asset features a fitness center, management office and a café with outdoor seating area. Tenants at the 93.1%-leased building include CarePlus, ConnectWise and the U.S Government.

Hermen Rodriguez
The JLL Capital Markets team representing the seller was led by Senior Director Ike Ojala and Senior Managing Director Hermen Rodriguez.

“Fountain Square II attracted broad investor interest thanks to its sought-after Westshore location, high-quality tenancy and complete onsite amenity package that includes structured parking, café and fitness center,” Ojala said.

JLL’s Capital Markets team representing the borrower included Managing Director Rebecca VanReken.

For more news, videos and research resources on JLL, please visit the firm’s U.S. media center Webpage: U.S. newsroom.

Deal secured by Holliday GP Corp. (“HFF”) prior to being acquired by JLL on July 1, 2019.  Co-brokerage services provided by Jones Lang LaSalle Americas, Inc.

Ike Ojala, JLL Senior Director
Florida License No: BK665573
Phone: +1 305 448 1333

 Rebecca VanReken, JLL Managing Director    
Florida License No:  SL3425135
Phone: +1 407 745 3900

 Kristen Murphy, JLL Director, Public Relations
Phone: +1 617 338 0990

JLL secures $24.9 million financing for Atlanta apartment community

Jamie Leachman
WASHINGTON DC JLL announces it has secured $24.9 million in acquisition financing for 251 North, a 192-unit, garden-style property located at the juncture of Atlanta’s Midtown, Old 4th Ward and East Atlanta neighborhoods.

Working on behalf of Taurus Investment Holdings, LLC, JLL arranged the 10-year, floating-rate loan through Freddie Mac’s Green Advantage program. 

The loan will be serviced by Holliday Fenoglio Fowler LP, a JLL company and a Freddie Mac Optigo lender. JLL also arranged the sale of the property to Taurus Investment Holdings.

251 North is located at 300 Cityline Avenue NE adjacent to outdoor recreation at Renaissance Park and Central Park. 

In addition, the property is near Midtown Atlanta’s job market and some of the city’s most popular entertainment and restaurants, including the Atlanta Beltline and Ponce City Market. 

Originally completed in 1989, the property consists of one- and two-bedroom floor plans that feature spacious layouts, walk-in closets and options for duplex/loft units. 

Community amenities include a resort-style pool, outdoor grilling station, cardio-based fitness center, 24/7 laundry facility and covered parking. 251 North was more than 93% occupied at closing.

Ware Shipman
The JLL Capital Markets team representing the borrower was led by senior director Jamie Leachman and director Ware Shipman.

For more news, videos and research resources on JLL, please visit the firm’s U.S. media center Web page: U.S. newsroom.

Deal secured by Holliday Fenoglio Fowler LP (“HFF”) prior to being acquired by JLL on July 1, 2019. Co-brokerage services provided by Jones Lang LaSalle Americas, Inc.


 Jamie Leachman, JLL Senior Director
Phone:  +1 202 533 2524

 Ware Shipman, JLL Director
Phone:  +1 404 942 2219

 Olivia Hennessey, JLL Public Relations Specialist
Phone: +1 713 852 3403