Saturday, February 27, 2021

Sinatra's Former Rat Pack Home in Nevada Desert for Sale at $4.25 Million

 

Sinatra's Former Rat Pack Home in Nevada Desert, Villa Maggio,
built in the late 1960s and named after his 1954 Academy-Award-winning
role as Private Angelo Maggio in From Here to Eternity

 

Frank Sinatra

PALM DESERT, NV -- What a wild time it was! In the 1960s, Frank Sinatra’s Rat Pack friends were setting Las Vegas on fire with their hugely popular shows.

Sinatra, much like Elvis Presley and Tom Jones, was one of those rare entertainers who made women swoon and throw their unmentionables on the stage.

Their somewhat slapstick stage performances looked easy and effortless but took a lot out of Sinatra.

 His solution was to create a hideaway a few hours from Las Vegas on a pinnacle of land above Palm Desert, California where he could chill out in peace.

Sammy Davis Jr.

Frank Sinatra's former home, Villa Maggio, is now on the market, priced at $4.25 million, notes TopTenRealEstateDeals.com.

Dean Martin

Sinatra’s lifestyle was a bit on the wild side as he ran with his Rat Pack of friends: Sammy Davis, Jr., Dean Martin, Peter Lawford and Joey Bishop.

Peter Lawford

Always in the press, Sinatra’s every move, whether good, bad or controversial, was always on display to the public.

Joey Bishop

But nothing would deter his fans. They bought his albums, watched him on television and saw all his films when he became an award-winning actor.

After he died in 1998 at age 82, there was a buying frenzy of his albums in music stores everywhere. Some have tried to copy his style, but none have achieved his unique sound.

Kim Kardashian 

With his huge popularity, or maybe because of it, Sinatra experienced bouts of depression where he kept to himself.


Bella Hadid
 

Villa Maggio, built in the late 1960s and named after his 1954 Academy-Award-winning role as Private Angelo Maggio in From Here to Eternity, was his place of choice to lay back and get a grip.

 

By the time the dark mood passed, he’d call up his Rat Pack buddies and have them over where they all could unwind out of the public eye.


Katy Perry

 Villa Maggio’s 10-acre compound of three buildings is perched on a craggy hilltop surrounded by boulders and exquisite views.


Built in a rustic style with calming warm woods, local stone, and seven stone fireplaces in the main house, it has two kitchens, dining and living rooms, a den, five bedrooms, six bathrooms, and a deck overlooking the view.


 Gigi 

The attached guest quarters and a detached guest house, where Sinatra always provided his visitors with first-class accommodations, have four more bedrooms and a kitchen.

Leonardo DiCaprio

The pool house has a great room with a stone fireplace, two bathrooms, two saunas and a mini-kitchen with views over the pool and tennis court.

There is also a generator, water tower and well. A private helipad allows guests to fly in and out, and there is parking for 25 cars.

Selena Gomez

Known to be a celebrity stomping ground where the stars have escaped the rigors of Hollywood for decades, Palm Desert is also the home of the famous annual Coachella music festival.

Cristie St. James

From the golden age of Hollywood, to the Rat Pack era, to today, Palm Springs/Palm Desert is a favorite getaway for celebrities. Some visit, and some buy homes such as Kim Kardashian and Leonardo DiCaprio. 

On any lucky day, visitors might be rubbing elbows with Katy Perry,The Weeknd, Gigi and Bella Hadid or Kendall Jenner when frequenting The Shops on El Paseo or dining at one of the many eateries.

Listing agents are Cristie St. James and Markus Canter of Berkshire Hathaway, Beverly Hills.

CONTACT:

Genelle C. Brown

Content Manager, Media Division
TopTenRealEstateDeals.com
Phone:  336-459-3728

Twitter:  @toptenrealestat
facebook.com/toptenrealestat 

 

Photo credits: Hilton & Hyland and  Juwan Li
Source:  TopTenRealEstateDeals.com

LCOR refinances Altaire apartments in Arlington, VA for $135 million

 

Altaire apartments, 400 Army Navy Drive,
Crystal City neighborhood, Arlington, VA

WASHINGTON DC– JLL Capital Markets announced it has arranged $135 million refinancing for the 451-unit Altaire apartments in Arlington, Virginia.

 JLL worked on behalf of the borrower, LCOR, to secure the five-year, floating-rate loan to take-out the existing construction loan.

Jamie Leachman 

 LEED® Gold Certified, Altaire consists of studio, one- and two-bedroom floorplan options. The luxury apartments offer top-of-the-line amenities, including a sky lounge and rooftop terrace, fully-stocked fitness center, courtyard, fire pits and grilling area, swimming pool, game room, penthouse lounge and pet washing area.

Located at 400 Army Navy Dr. in the burgeoning Crystal City neighborhood, Altaire is positioned across the street from one of the biggest ecommerce company’s second headquarters development and is walkable from various retail, dining and entertainment options.

The property is also a short drive to Reagan National Airport and a quick bike ride to Virginia’s prominent Pentagon City and Pentagon.

Paul Spellman

The JLL Capital Markets team representing the borrower was led by Senior Managing Director Jamie Leachman and Senior Director Paul Spellman.

 “Located directly across the street from a major company’s headquarters and with sweeping views on D.C. and Northern Virginia, the Altaire is the preeminent multi-housing property in the National Landing submarket,” said Leachman.

“The competition was fierce for this financing opportunity garnering multiple offers from a variety of lending sources.”

 For more news, videos and research resources on JLL, please visit our newsroom.

 

CONTACT:

Natalie Passarelli
Public Relations

Jones Lang LaSalle Americas, Inc.

200 E. Randolph St.
Chicago, IL 60601

M +1 224 477 7307

natalie.passarelli@am.jll.com

 us.jll.com/investorservices