Wednesday, August 14, 2019

Matthew Perry’s Jaw-Dropping LA Penthouse on the market for $36 Million



Friends
 superstar Matthew Perry has his 40th floor penthouse at the 42-story Century condominium community in Los Angeles, CA up for sale for $36 million
Photo credit: Michael MacNamara and Jason Speth
Source: www.compass.com

LOS ANGELES, CA --Friends superstar Matthew Perry is no stranger to real estate deals and over the last10 years, in addition to acting, writing and producing, has been buying, restyling and reselling some fabulous California homes.

Matthew Perry
According to TopTenRealEstateDeals.com, the most recent that has come to market is this glamorous 40th-floor penthouse in the celebrity-approved, paparazzi-proof 42-story Century condominium.

Scott Joyce 
Perry purchased the penthouse, which covers the entire 40th floor of the building, right after selling another stunning home in L.A.’s Hollywood Hills Bird Streets in 2017.

LM Pagano
After bringing in his team of architect Scott Joyce and interior designer LM Pagano, Matthew has recently put it on the market at $36 million.

Candy Spelling
Designed by Robert A. M. Stern Architects in 2009, Century attracted Candy Spelling, widow of filmmaker Aaron Spelling, who bought the top two floors 41 and 42, Paula Abdul, Elizabeth Berkley and Rihanna.

Aaron Spelling
Many more flocked to Century from film industry elites, CEOs and celebrity chefs. In 2017, Perry bought the entire 40th floor. The building rises above four acres of lush private gardens.

Paula Abdul

 A LEED Silver certified building, it comes with a 75-foot-long swimming pool, screening room, yoga and Pilates studios and a wine-storage facility.

Perry’s 40th floor measures in at 9,318 square feet with ceiling-to-floor views over Los Angeles - visually stunning in daylight and sparkling with lights at night.


Elizabeth Berkley 

 It includes enormous rooms - a living room with two fireplaces and a huge master suite with multiple living areas.

Overall, there are four bedrooms and eight baths, game room and home theater.

Rihanna.

The chef’s kitchen has island seating as well as a table for casual dining and a separate dining room with glass walls highlighting the views. Four terraces are perfect for entertaining and dining.

Cassandra Petersen 
Best known for his role as Chandler Bing in the mega-hit sitcom Friends, where he made $1 million per episode, Perry has continued to act in television, film and on stage.

His most recent project is a two-part miniseries starring as Ted Kennedy in a Reelz production of The Kennedys: After Camelot.

Former U.S. Senator Edward (Ted) Kennedy

Having resided in New York for the last year, Matthew is selling his 40th-floor penthouse in the celebrity-laden Century condominium in Los Angeles.

 Priced at $36 million, the listing agents are Greg Holcomb and Cassandra Petersen of Compass Realty, Los Angeles.

CONTACT:

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

Twitter:  @toptenrealestat
facebook.com/toptenrealestat 

Regency Centers Prices $425 Million of Senior Unsecured Notes




 JACKSONVILLE, FL– Regency Centers Corporation (“Regency” or the “Company”) (NASDAQ:REG) announced today that its operating partnership, Regency Centers, L.P., priced a public offering of $425 million 2.950% notes due 2029 (the “Notes”).

The Notes are due September 15, 2029 and were priced at 99.903%. Interest on the Notes is payable semiannually on March 15 and September 15 of each year, with the first payment on March 15, 2020.

The Company intends to use the net proceeds of the offering (i) to repay in full its outstanding $300 million term loan that matures on December 2, 2020, including an interest rate swap breakage fee of approximately $1.1 million, (ii) to reduce the outstanding balance on its line of credit, and (iii) for general corporate purposes.

CONTACT:

Laura Clark
904 598 7831
LauraClark@RegencyCenters.com

Daum Commercial Completes $3 Million Sale of Office and Airport Hangar Property Totaling 16,900 SF in Scottsdale, AZ


16,900-SF Building at 16009 North 81st Street in Scottsdale, AZ
Offers Office Space and Airport Hangar


SCOTTSDALE, AZ, Aug. 14, 2019 – DAUM Commercial Real Estate Services has directed the sale of a 16,900 square-foot building, featuring office space and an airport hangar, on 1.4 acres of land in the Scottsdale Airpark submarket of Scottsdale, Arizona, on behalf of both the buyer and the seller.  

The building is located at 16009 N. 81st Street. The total purchase price was approximately $3.3 million.
  
Kirk Jenkins
DAUM’s Executive Vice President and Phoenix Co-Branch Manager Kirk Jenkins represented the buyer, Scottsdale Airpark, LLC. Executive Vice President Steve Bodeman represented the seller, Kachina Investments, LLC, in the off-market transaction.

“This was a rare opportunity for the buyer to bolster their portfolio with a signature acquisition in a premier greater Phoenix area location,” explains Jenkins, noting that Scottsdale Airpark is seeing an influx of new construction, and thriving companies in the submarket are anticipated to add a significant number of jobs in the coming months.

“In addition to establishing a foothold in the Scottsdale Airpark submarket, the new owner will benefit from strong immediate cashflow, since the multi-tenant asset is fully leased to several diverse businesses.”

The building, comprised of two stories of garden-style office space and an attached aircraft hangar, is also a prime asset due to its direct taxiway access, he continues.

Steve Bodeman 
Bodeman adds: “We helped Kachina Investments purchase this property in 2006.

"After holding the property for more than a decade, the firm strategically determined to sell in order to capitalize on increased market demand, indicated by post-recession-low vacancies.”

He notes that the building, which was originally constructed in 2000, has been very well maintained and both the exterior and interior were recently painted. 

This was appealing to the buyer and helped secure a competitive price for the seller, compared to other properties of this vintage in the submarket.

“While this was a win-win for both parties, as with any transaction, the process required strategic negotiations,” Jenkins says. “DAUM’s long-standing relationships with both the buyer and seller, as well as our deep knowledge and experience in the submarket, uniquely positioned us to bring everyone together and come to a satisfying conclusion.”

Contacts:

Micaela Fehrenbach / Elisabeth Manville
Brower Group 
(949) 438-6262
mfehrenbach@brower-group.com