Monday, August 9, 2021

Mark Twain's Connecticut Home for Sale at $4.2 Million

'Stormfield,' Twain's home is where he lived until his death in 1910
The house sits on 28 acres 
adjoining a 161-acre land trust.
 The 6,300-square-foot home is built in the Tuscan villa style, 
 

 HARTFORD, CT -- Samuel Langhorne Clemens was fascinated by thoughts of adventure as a boy, dreams that he later wrote about when he took on the pen name Mark Twain, which translated, was steamboat slang for 12 feet of water. 

 

Later in his life, he moved to Connecticut to be closer to his publisher, and he eventually purchased a stunning estate outside of Redding that he called Stormfield - named after his last published story during his life, Captain Stormfield’s Visit to Heaven.

 

 He was only able to live there for two years before he died in 1910.  It is now on the market, listed at $4.2 million.

 

Mark Twain

Twain was a prolific writer who produced a variety of literary works, magazine and newspaper articles, poetry, short stories and novels. 

 

Many say his most notable are The Gilded Age, written in 1873, and, of course, The Adventures of Tom Sawyer, written in 1876. 

 

Twain was an avid traveler who visited a good portion of the world and wrote about the countries he visited, which he both praised and criticized, according to TopTenRealEstateDeals.com.

 

 His experiences broadened his critical thinking on many subjects, including religion, resulting in his strong opinions on many subjects.

 

At age 72, Clemens purchased Stormfield, where he lived until his death.  Sited on 28 acres adjoining a 161-acre land trust, the 6,300-square-foot home is built in the Tuscan villa style, which Clemens fell in love with during his Mediterranean travels. 

 

 A large house, it has four bedrooms and six baths, Clemens especially admired the beauty of the rural countryside surrounding it. 

 

William Faulkner
 After his death in 1910, the house was badly damaged in a fire but was reconstructed in 1925 incorporating the same look, original gardens, stone walls and pillars. 

 

There are four bedrooms and six baths, three fireplaces, large formal rooms and a big eat-in kitchen with adjoining family room. 

 

The living room has the extra bonus of hand-painted, wood-beamed ceiling and fireplace with a library alcove.  Floors are hardwood and marble. 

 

 Laura Freed Ancona


 The house has a detached pool-carriage house with a heated pool, and there is a three-car garage with a caretaker cottage above that has two bedrooms, bath, living room, kitchen and deck.  There are multiple terraces around the main house for outdoor dining.

 

Although people usually associate Twain, who William Faulkner referred to as "the father of American literature" with Missouri and the Mississippi River, he lived in many places including San Francisco, Nevada, Cincinnati, Philadelphia and New York.

 

 He lived most of his adult life in Connecticut, including Stormfield and his home in Hartford, which is now the Mark Twain House & Museum and is open to the public.

 

The listing agent is Laura Freed Ancona of William Pitt Sotheby’s International, Ridgefield Brokerage, Ridgefield, Connecticut.

CONTACT:

Genelle C. Brown
Content Manager, Media Division

TopTenRealEstateDeals.com
Phone:  336-459-3728

Twitter:  @toptenrealestat
facebook.com/toptenrealestat  

 

 Photo Credit:  Bernadette Queenan
Aerial Photo Credit:  Aerial 360 Solutions
Sources:  TopTenRealEstateDeals.com and www.williampitt.com
Video:  https://youtu.be/BRfTN15IwNY
Video Credit:  Sean Evans, @evvo1991 backtothemovies.com/

 

Stos Partners Bolsters Southern California Track Record with Restaurant Acquisition in South Orange County

4,058-SF retail/restaurant at 425 North El Camino Real
in San Clemente, CA

 San Clemente, CA, Aug. 9, 2021 – Stos Partners, a privately held commercial real estate investment firm, has recently acquired a 4,058 square-foot retail/restaurant asset in the Orange County submarket of San Clemente, California in an off-market transaction.

 “This acquisition is ideally aligned with our proven strategy to purchase value-add properties located within in-demand Southern California submarkets with strong potential for upside, which we are well positioned to unlock based on our experience and deep expertise in market trends,” says CJ Stos, Principal at Stos Partners.

 CJ Stos
 “We were able to draw upon our strong broker network and proven track record of rapid closings to secure this property off market.”

 During escrow, Stos Partners was successful in securing a long-term lease on the entire building with The Alchemists, a successful restaurant group operated by Leonard Chan, notes Stos.

 “This transaction is a win for us in many ways,” says Jason Richards, Partner at Stos Partners. “The property was a rare find - a vacant retail/restaurant facility in San Clemente’s T-Zone, a prime location in South Orange County.

"We recognized the potential from the beginning and seized the opportunity to acquire the asset as a vacant property. Our instincts were strong, and we were able to lease it prior to our escrow closing.”

 Jason Richards
 While retail has been one of the slower sectors to bounce back from the COVID-19 pandemic, recovery is on the horizon, explains Jay Boyle, Executive Vice President at Stos Partners.

 “Although the retail sector took a hit during the pandemic, we recognize the potential in owning this asset long term as restaurant and travel demand are starting to pick up,” says Boyle.

 “We have experience in successfully transforming properties in order to maximize their true value. 

"We plan to do the same with this property and feel our tenant will be well positioned to capitalize on the retail sector’s recovery with a planned opening in late 2021 or early 2022.”

Jay Boyle
 

The new restaurant concept - called Mura, which means village in Japanese - will be an upcoming dining destination that offers Japanese Grilled Barbeque and Hot Pot, a proper Tiki Bar with Pan-Pacific bites and a Japanese Whiskey speakeasy bar featuring Temaki and hand rolls.

 The group’s previous concepts include Shuck Oyster Bar, The Iron Press, Rolling Boil and The Blind Rabbit.

 Prior to opening, the firm plans to implement a series of capital upgrades in conjunction with Mura that cover extensive interior and exterior renovations as well as long-term capital improvements to the building including new roof, mechanical systems, and grease traps.

Leonard Chan
The property was acquired for $1.9 million and is located at 425 N. El Camino Real in San Clemente, California.

 Nathan Holthouser of Coastal Commercial represented Stos Partners as the buyer in the transaction.

 


CONTACTS:

Katie Haga / Elisabeth Manville

Brower Group

(949) 438-6262

khaga@brower-group.com

 www.stospartners.com

 


Riverside secures partner and finalizes SDP Submission for 30-story office tower in downtown Denver, CO

 

1900 Lawrence, downtown Denver, CO

DENVER, CO,  Aug. 9, 2021 – Riverside Investment and Development has announced that it is partnering with Convexity Properties to initiate development of 1900 Lawrence, a proposed state-of-the-art office tower located in downtown Denver.


 Julie Rhoades

 

 In addition, the project team has taken a critical step toward its planned early 2022 construction commencement by filing the project’s site development plan with the City and County of Denver.

 

The 30-story tower at 1900 Lawrence is comprised of 700,000 rentable square feet of office space, including 11 tenant floors equipped with private outdoor terraces.


Maddy Stevenson

Its central business district location at the nexus of Denver’s LoDo and Ballpark neighborhoods will offer future tenants protected views of the front range and immediate access to the city’s core. 

 

JLL Managing Directors Jamie Roupp and Michael Crane, Vice President Julie Rhoades and Associate Maddy Stevenson serve as the project’s exclusive leasing brokers.


Jamie Roupp 

 

“We are excited to be moving 1900 Lawrence forward and are confident it will become an iconic addition to Denver’s already impressive skyline,” said Anthony Scacco, Chief Operating Officer of Riverside Investment and Development.


Anthony (Tony) Scacco

 

“Convexity Properties is a trusted current partner of Riverside’s on our 320 South Canal office tower in Chicago, and we are thrilled to now collaborate with them on another best-in-class commercial office development.

 

"Our goal for 1900 Lawrence’s design is to maximize each aspect of the occupant experience including technology, efficiency and employee health and wellness, and we believe the building will go above and beyond in meeting the new demands placed on office space by employers and employees alike.”


 Michael Crane

David Nelson of Convexity Properties adds, “We are excited to expand our partnership with Riverside and believe that 1900 Lawrence will deliver ideal attributes to the best high-rise office location in Denver.”

 

The office tower is slated to be ready for first tenant occupancies in the first quarter of 2024.


David Nelson 

 

According to JLL’s Q2 2021 Denver Office Insight report, tenant demand for Denver office space improved by a quarter-million square feet over the last quarter.

 

 Denver’s overall economic recovery is now on pace with the U.S., with expectations that the market will bounce back sooner than most other metros and become one of the nation’s most attractive areas in the years to come.

 

“There is a measurable trend of flight to quality in Denver’s post-pandemic office environment, and 1900 Lawrence will set a new standard for excellence.” said Roupp.

 

“Based on Denver’s strong market fundamentals and the absence of large, high-quality blocks of office space, we are anticipating great interest.”


CONTACT:

 

Stacey Hershauer

Phone: +1480 600 0195                

Email: stacey@focusaz.com

www.jll.com. 

www.riversideid.com.

 www.1900lawrence.com

 

Lendlease Appoints Rob Ledder as Operational Director of Life Science

 

Rob Ledder

NEW YORK. NY, Aug. 9, 2021 — Lendlease (ASX: LLC), a global real estate group, today announced the appointment of Rob Ledder to the role of Operations Director, Life Science, for its Americas Region, effective August 9.

 

Ledder will be based out of Lendlease’s Princeton, N.J., office and will report directly to Mike Fratianni, Managing Director, Construction.

 

“The appointment of Rob to this role reflects our confidence in his proven ability to continue to deliver safe, sustainable and technology-forward solutions for our clients,” said  Fratianni.

 

 “He will help lead the company in this critical area as we continue to deliver bespoke, cutting-edge solutions for many of the country’s leading biomedical companies.” 


Mike Fratianni


“During my career, the majority of it spent with Lendlease, I have managed an array of technically complex and innovative Life Science projects,” said Ledder.

 

“In this new role, I will ensure Lendlease delivers market-leading results as we continue our mission to create value through places where communities can thrive.”

 

Ledder holds a Bachelor’s Degree, Civil Engineering, and M.B.A. from Lehigh University.

 

 

CONTACTS:

 

Jeremy Barewin, jbarewin@taylorjohnson.com, (312) 267-4533

 Diane Nevindiane.nevin@lendlease.com, (773) 610-2862

 www.lendlease.com.

 

RKW Residential Significantly Expands Carolinas Portfolio; adds five communities totaling nearly 850 apartments and launches leasing at two new projects

 

Marcie Williams 

Charlotte, NC, Aug. 9, 2021 — RKW Residential, the premier multifamily management firm based in Charlotte, continues to grow in its home base.

The firm recently took over management and leasing at three existing apartment communities in the Carolinas and was awarded two development assignments.

 The additions bring nearly 850 units to RKW’s rapidly expanding portfolio. RKW also just launched leasing at Marlowe Place in Charlotte and Mill One in Moorseville, North Carolina.

Recent additions bring nearly 850 units
 to RKW’s rapidly expanding portfolio.

 Four of RKW’s new assignments are owned or being developed by Levine Properties, a Charlotte-based private firm with more than 35 years of experience developing, owning and operating multifamily properties.

 RKW is now overseeing management and leasing at the following Levine communities:

 Crest on Providence, a 473-unit community with one, two, three and four-bedroom townhome-style apartments in South Charlotte’s Lansdowne neighborhood

  • Crest Gateway, a boutique community with 40 units in Uptown Charlotte
  • The Julien, a 105-unit building steps away from historic Plaza Midwood and 10 minutes from Uptown Charlotte

In Charlotte’s Wesley Heights neighborhood, Levine is developing a 96-unit community branded as The Calvert. 

RKW is providing pre-development consulting services at the project, with an agreement to oversee leasing and management upon its completion.

 Crest on Providence apartments, a 473-unit
community with one, two, three and
 four-bedroomtownhome-style apartments
 in South Charlotte’s Lansdowne neighborhood

Elsewhere in Charlotte, RKW was awarded Centro Square – a 132-unit apartment building with 7,300 square feet of ground-floor commercial space.

This is RKW’s second partnership with Ascent Real Estate Capital, which is developing Centro Square in a joint venture with Centro Cityworks. RKW led the successful lease-up of the venture’s Centro Railyard, which was Charlotte’s first micro-unit project.

 Centro Square is part of The Square, a mixed-use development bringing 150,000 square feet of Class A office space to the city’s South End neighborhood.

 “We are thrilled to embark on a new partnership with Levine Properties and expand our relationship with Ascent,” RKW President Marcie Williams said.

The Square,  a mixed-use development
 bringing 150,000 square feet of Class A
 office space to Charlotte's
South End neighborhood.

“RKW is able to consistently add prime communities and developments in the Carolinas because of our talented and dedicated people.”  

 In late 2020, RKW made its first appearance in the Charlotte Business Journal “Fast 50” ranking of the region’s fastest-growing private companies. RKW ranked No. 16 in the 2020 list.

 RKW was recognized by Multi-Housing News as the nation’s second-fastest growing multifamily management company in the publication’s 2020 rankings. The company appeared on the Multi-Housing News 2020 “Top Property Managers” list for the second consecutive year. 

 

 CONTACT:

Eric Kalis

Vice President, BoardroomPR

ekalis@boardroompr.com

O 954-370-8999 

C 305-794-5123

Bank of America Plaza | 1776 N Pine Island Road

Suite 320 | Fort Lauderdale, FL 33322

Web | Facebook | LinkedIn | Twitter | Instagram

 

www.rkwresidential.com.