Thursday, July 11, 2019

Songwriter Barry Manilow's Malibu, CA House Listed at $10.37 Million

A Malibu, CA beach house where Barry Manilow once lived
         Photo credit: The Agency                  Source:

Barry Manilow
Malibu, CA -- A Malibu beach house where Barry Manilow once lived has recently been listed for sale at $10.375 million. 

Cindy Crawford
According to, located next to the famous Malibu Colony, Manilow purchased it at the end of the 1990s and enjoyed it until he put it on the market in 2006. In 2017, new owners did a major renovation and added upscale modern upgrades.

Robert Downey Jr.

Still known by local residents as ‘Barry’s house,’ the beach contemporary was where he went to get away from his overwhelming schedule of songwriting, performing, touring and producing albums for other musicians.

Lady Gaga
 Built in 1976 at 4,320 square feet and one of Malibu’s best Pacific views, it has five bedrooms, five baths, den, a self-feeding fish tank in the entry, office/media room, and a detached fully-equipped guest house with kitchen across a walled entry garden. 

Sandro Dazzan

The garden has an outdoor kitchen with dining area and living area spacious enough for large-scale entertaining along with a Jacuzzi hot tub and hot outdoor shower. On the ocean side, the main house has two-story, ceiling-to-floor walls with glass that open to the sound of crashing waves and ocean breezes. 

Where most Malibu beach houses have only one view straight to the ocean, Barry’s house juts out on a point away from its neighbors with 180-degree views up and down both sides of the beach from Point Dume to Palos Verdes. 

David Solomon
Conveniently located, it has easy access to the Malibu Country Mart or a short bicycle ride to Soho Beach Club and Nobu.

Popular with surfers, tourists and celebrities, Malibu was hard to get to until the Pacific Coast Highway came through in the 1930s. 

Today, it is one of California’s favorite beachtown stars, only 30 minutes from Los Angeles, where Gidget and many of the 1960’s surf movies and television shows such as Rockford Files and Two and a Half Men were filmed.

Anna Solomon

 Celebrity residents include Cindy Crawford, Robert Downey, Jr. and Lady Gaga. 

 The home is listed by Sandro Dazzan, David Solomon and Anna Solomon of The Agency, Beverly Hills.


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

Guardian Advisory LLC Launches $50 Million Private Equity Retail Fund Targeting $100 Million in Buying Power

David E. Hooston
Newport Beach, CA – Guardian Advisory, LLC, a Southern California-based commercial real estate investment firm, has announced the launch of a retail-focused investment fund vehicle targeting $50 million in equity to reach $100 million in buying power.

 The fund, Guardian Net Lease Fund I, LP, will be managed by Guardian CRE, LLC as its general partner, and will invest principally in single-tenant net leased (NNN) retail properties throughout the U.S.

“There is a tremendous competitive advantage to investing in NNN retail properties,” says David E. Hooston, designated manager of Guardian CRE, LLC.

“These assets represent consistently stable investments, characterized by long-term in-place leases with national credit tenants allocated between geographic and industry diversification.”

Hooston notes that institutional and private equity investors are increasingly focused on niche strategies like the Fund, which are now seen as prime opportunities given targeted valuations metrics against risk-adjusted returns seen elsewhere in the private equity sector.

John Halvorson
“By launching a niche-focused fund at this point in the market cycle, we are giving accredited investors the opportunity to place capital into a vehicle with a history of long-term stability combined with targeted life-of-fund returns between 8 and 10%,” says Hooston.

The Guardian Net Lease Fund will target properties that are already occupied by national credit tenants such as 7-11, CVS, Walgreens, Dollar General and O’Reilly Auto Parts, among others.

The Fund is led by three real estate and finance veterans with experience including more than $10 billion in financing placed and over $25 billion in commercial real estate purchased, managed and sold.

Hooston, a finance executive with experience spanning more than $26 Billion in real estate and capital campaigns, will oversee the Fund’s strategic vision, financial reporting and investor relations.

John Halvorson, an expert in net leased property investments, will oversee the Fund’s acquisition and property management strategies. Halvorson has a 30-year tenure in commercial banking and real estate and has managed a multi-million-dollar family portfolio for over a decade.

Mike Kron, an industry leader with experience spanning more than $1 billion in property transactions, will chair the Fund’s specific property investment decisions. Kron is COO of a family office with more than 13,000 multifamily units in Arizona and Texas and is also a licensed attorney.


Alex Caswell /Jenn Quader
Brower Group
(949) 438-6262

Trez Forman Funds $10 Million Bridge Loan for 600-unit Multifamily Community in Tampa Bay Market

Brett  D. Forman
Brandon, FL  and Palm Beach, FL — A multifamily housing developer and repeat borrower has secured a $10 million loan from Trez Forman Capital to acquire and plan for development of a 600-unit apartment community in Brandon, Florida.

The property sits less than 1 mile from Westfield Brandon, a regional shopping mall with more than 1 million square feet of stores and restaurants.

The undeveloped property at the northeast corner of South Lakewood Drive and Brandon Parkway will have 600 multifamily units and 75,000 square feet of mixed-use buildings and stores on 55 acres, one of the largest remaining undeveloped parcels in Brandon.

The project will be known as the Brandon Town Center.

The loan, which closed in early July, was arranged by Brett D. Forman, president/CEO of Trez Forman. The borrower is Brandon Town Center Development Partners, LLC.

Westfield Brandon, Brandon, FL
“Tampa's multifamily market is fundamentally sound and one of the top annual rent-growth metros in the nation. A booming economy and robust population gains have consistently fueled strong multifamily demand,” said Forman.

“With employment growth far outpacing the national average and future job projections expected to remain elevated, multifamily demand should remain high.”


Todd Templin
Executive Vice President
O 954-370-8999
C 954-290-0810
Bank of America Plaza | 1776 N Pine Island Rd
Suite 320 | Fort Lauderdale, FL 33322

or Eric Kalis

Ultimate Five Star Luxury Vacation Villa in Reunion Resort Hits the Market at $9.75 Million in Central Florida

Joyce Marsh
ORLANDO, FL -- Joyce Marsh, Regional Manager at Regal | Christie’s International Real Estate announced that the firm has secured the listing for Isolé Villa at 1297 Grand Traverse Parkway. Central Florida's only five star vacation villa is being offered at $9.75 Million.

Located in Reunion Resort, the custom luxury home was built in 2017 as a vacation villa with 15 bedrooms, 17 full baths, and 6 half baths. The luxurious villa has 19,469 square feet of living space and 23,131 square feet of total indoor and outdoor living space. 

Julie Christensen
A soaring grand entrance, raised piano salon, and 40-seat formal dining room and a board room are among top interior features along with a stunning contemporary kitchen and a separate fully-equipped commercial kitchen.

Amenities include a 19-seat home theater, cigar bar, game room, indoor basketball court and a full service luxury spa that boasts a Turkish steam room, dry redwood sauna, Zen lounge, fitness center and massage room.

Chris Christensen

The virtual leisure palace that currently rents for up to $50,000 per week comes with its own multi-level infinity edge pool and Jacuzzi, outdoor dining, outdoor billiards, plus a huge summer kitchen and outdoor bar that serve numerous lounge areas for soaking up the Florida sun.

This exclusive residence comes with the absolute finest in finishes and furnishings including an artwork collection all included in the purchase price. 

 Isolé Villa1297 Grand Traverse Parkway, Reunion Resort, FL

The destination community of Reunion Resort, six miles from Disney off I-4 West and CR 532, features three professional golf courses, a five-acre water park and six restaurants. 

Chris and Julie Christensen, Principals who specialize in luxury properties throughout central Florida are representing Isolé Villa.   “This is a rare opportunity for some savvy buyers. This incredible property can be operated as a small hotel or exclusive bed and breakfast,” said Chris Christensen.    

 Isolé Villa, Central Florida's only five star vacation villa

About Regal | Christie’s International Real Estate

With offices in Orlando, Winter Park, Celebration, Lake Mary and Clermont Regal | Christie’s International Real Estate is the only central Florida affiliate for the prestigious Christie’s International Real Estate worldwide luxury brand. 

 Isolé Villa Living Room

With a rich history, the Christie’s auction house is a globally recognized iconic brand.  “We bring the world’s most desirable luxury homes to the world’s most discerning buyers,” added Chris Christensen. 


Joyce Marsh
 Regional Manager/Broker
 Regal | Christie’s International Real Estate

Chris Christensen
Regal | Christie’s International Real Estate

Beth Payan, Larry Vershel Communications Inc.
 407-644-4142 or 407-461-3781