Calabasas, CA Mansion, Near Kourtney Kardashian, Selling for $32 Million

 

Kourtney Kardashian

Calabasas, CA -- Kourtney Kardashian first came to prominence with her reality show Filthy Rich: Cattle Drive in 2005 and has been an influencer powerhouse ever since, according to TopTenRealEstateDeals.com.

Calabasis, CA mansion offers seven bedrooms
 and 10-seat home theater

 

In addition to her reality show appearances including Keeping Up With The Kardashians, she has opened clothing boutiques, published books, appeared on the daytime soap One Life to Live, designed fashion lines, and marketed her own line of perfumes.

 

Travis Barker

She recently got engaged to Blink-182 drummer Travis Barker when he proposed to her on the beach in Montecito, California with a diamond ring that made her 152 million Instagram followers swoon.

Jessica Simpson

 

She owns two stunning mansions, one in Palm Springs and another in the Santa Monica Mountains neighborhood of Calabasas. 

 A unique opportunity to keep up with Kourtney has arrived on the market with the listing of a gorgeous French Chateau down the street from the Instagram star’s own mansion.

 Miley Cyrus

With an asking price of $32 million, the 16,500-square-foot, Paris-inspired estate offers seven bedrooms, ten baths and unparalleled luxury.

Justin Bieber

The beautifully landscaped grounds are straight out of a fairy tale castle with topiary mazes, a waterfall pool, two bridges, a BBQ pavilion with steel appliances, a fire pit, multiple patios for entertaining as well as fruit-bearing trees, including avocado, figs, plums, orange, and lemon. 

Inside, the home is classically styled with hardwood, marble and limestone accents and offered fully furnished.

Will Smith

The grand two-story foyer includes a breathtaking, double-floating staircase with intricate metalwork and hand-built French chandeliers.

The chef’s kitchen connects to both a breakfast nook and a spectacular formal dining room with a hand-carved fireplace, plus a temperature-controlled wine cellar.

Tomer and Isidora Fridman 

 In addition to Kourtney, the French Chateau's buyers will count Drake, Jessica Simpson, Justin Bieber, Miley Cyrus, and Will Smith as neighbors. The home is convenient to the Calabasas Country Club plus plenty of shopping and fine dining. 

 The listing is held by Tomer Fridman and Isidora Fridman of Compass.

 

Source: thefridmangroup.com

 

 

Contact:

 

Genelle C. Brown
Content Manager, Media Division
TopTenRealEstateDeals.com
Phone:  336-459-3725
Twitter:  @toptenrealestat
Facebook.com/toptenrealestat

 

Sheldon Butte multi-housing community in Oregon sells for $35.75 million

Carrie Kahn

 

 PORTLAND, OR – JLL Capital Markets has closed the $35.75 million sale of Sheldon Butte, a 176-unit, garden-style, value-add apartment community in Eugene, Oregon.

 

JLL represented the seller, Cumberland Holdings, LLC. Clear Capital, LLC acquired the asset.

 

Built in 1972, Sheldon Butte features units with vinyl plank and carpet flooring, white and jet-black appliances, laminate countertops, natural wood cabinetry, a balcony or patio in select floorplans and an average unit size of 736 square feet.

 

Ira Virden

Community amenities include a leasing office, a community lounge, a fitness center, a pool and spa, four laundry facilities, a recycling center, a dog park, picnic and barbecue areas and a community garden.

 

Located at 2555 Willakenzie Rd., the community offers residents accessibility to Coburg Road, Route 569, Interstates 5 and 105, downtown Eugene, Springfield and Eugene Airport.

 

The location also provides proximity to top employers such as PeaceHealth and the University of Oregon, in addition to educational institutions, including Oregon State University, Lane Community College, Bushnell University, Sheldon High School, Monroe Middle School and Willagillespie Elementary School.

Frank Solorzano

Centrally located between Oakway Center, The Shoppes at Gateway and Valley River Center, Sheldon Butte residents benefit from the 9.6 million square feet of retail options within a three-mile radius, as well as various entertainment opportunities at Sheldon Sports Park, Autzen Stadium, Willamette River, Oakway Golf Course, Alton Baker Park and Hayward Field.

 

The JLL Capital Markets team representing the seller was led by Senior Managing Director Ira Virden, Senior Director Carrie Kahn and Associate Frank Solorzano.

 

Contact:

 

Jenna Sharp

 JLL Associate

Public Relations

Phone: +1 214 394 3356

Email:  Jenna.Sharp@am.jll.com

DWNTWN Realty Advisors’ Tony Arellano and Devlin Marinoff Close $6.35 Million Sale of Commercial Building in Miami’s Wynwood District

 

Tony Arellano

MIAMI, FL – DWNTWN Realty Advisors Co-Founders and Managing Partners Tony Arellano and Devlin Marinoff, the premier investment sales and leasing brokers in Miami’s urban core, completed another successful property sale in Wynwood.

 

The duo represented both the seller and buyer in the $6.35 million sale of a commercial building in the popular neighborhood.

Devlin Marinoff

Alex Karakhanian’s LNDMRK Development is the seller.

The buyers, Forte Capital’s Chaim Cahane and Sheridan Capital, plan to reposition the existing 14,000-square-foot building at 2830 NW Fifth Ave. into creative offices. The transaction closed on Dec. 16.

 “This property is perfectly positioned within Wynwood’s core pedestrian district and at the intersection of the neighborhood’s high-density main access corridor,” Arellano said.

 

Alex Karakhanian

“We successfully marketed the building as an unparalleled adaptive re-use opportunity. The buyers will do a tremendous job executing that plan.”

The property features private gated parking, high ceilings and quick access to highways. 

It is walking distance to some of Wynwood’s most notable projects and landmarks, including 545wyn, the Wynwood Building, Love Life Café, Morgan’s and the Wynwood Garage.

Chaim Cahane

“Wynwood is the talk of the nation, given the substantial technology and finance migration to the neighborhood,” Marinoff said.

 

“This building will cater to the demand for cool and creative office space in Wynwood. As we head into 2022, there is still incredible demand from the investment world for acquisition and development opportunities here.” 

 

The firm has participated in more than $350 million in investment and development sales in Wynwood over the last few years and has more than $175 million in pending transactions in the neighborhood.

DWNTWN, a market leader in Miami, has closed numerous high-profile investment sales transactions in 2021, including:

• The $6.5 million sale of a retail showroom at 170 NE 38 St. in Miami’s Design District
• The $13.3 million sale of the Wynwood Arcade, a retail and restaurant building at 50 NW 24 St. in Miami’s Wynwood
• The $11.6 million sale of a multifamily portfolio at 5601 NW First Ave. in Little Haiti
• The $10.5 million off-market sale of a former production studio site at 12100 NE 16 Ave. in North Miami

 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.dwntwnrealtyadvisors.com.

https://dwntwnrealtyadvisors.com/inventory.

 

Calidus Holdings, LLC sells cottage-style student housing portfolio at Clemson University

Teddy Leatherman

DALLAS, TX -- JLL Capital Markets closed the sale and acquisition financing for a four-property, 245-bed, student housing portfolio at Clemson University in Clemson, South Carolina.

 JLL represented the seller, Calidus Holdings, LLC. Student Quarters acquired the asset. Additionally, working on behalf of the buyer, JLL secured a 30-year, floating-rate loan.

 The 79-unit, 245-bed portfolio comprises 109 College, The Boundary, The Estate and The Farm and features stainless steel appliances, granite counter tops, tile backsplash, in-unit washers and dryers, stained concrete flooring, bed and bath parity and spacious unit sizes that range from 350 to 536 square feet per bed. 

Scott Clifton

Community amenities include proximity to campus, a swimming pool, a fitness center, an outdoor pavilion and study rooms.

The properties are positioned along Highway 123 and College Avenue with properties located at 109 College St., 100 Old Central Rd., 111 College St., and 240 Elm St.

Set only 1.2 miles from the Clemson University campus, the four properties provide students easy access to the university’s retail, restaurant, and entertainment attractions.

 Additionally, the Clemson Tigers’ famous “Death Valley” football stadium, which holds around 81,000 fans, is just 1.5 miles south of the portfolio.

Stewart Hayes

Less than a mile from the property, Downtown Clemson offers several of the college’s popular bars, restaurants and nightlife, which include Evolve Kitchen + Table, Tiger Town Tavern and Charleston Sports Pub.

The location also offers proximity to both Oconee County Airport and Greenville-Spartanburg International Airport as well as Lakeside Lodge Center.

 

The JLL Capital Markets Investment Sales and Advisory team representing the borrower was led by Senior Director Teddy Leatherman, Senior Director Scott Clifton and Senior Director Stewart Hayes. The JLL Capital Markets Debt Advisory team was led by Director John Gavigan.

 According to JLL, “We are thrilled to close this transaction for Calidus Holdings and believe Student Quarters is the perfect buyer for this portfolio.

John Gavigan

"Clemson continues to see strong enrollment growth coupled with limited supply which is one of the reasons this process was so competitive. 

Both buyer and seller performed flawlessly, and we look forward to closing more transactions with both parties.”

 JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. 

The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment and sales advisory, debt advisory, equity advisory or a recapitalization. 

The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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

 

Contact:

Jenna Sharp

 JLL Associate

Public Relations

Phone: +1 214 394 3356

Email:  Jenna.Sharp@am.jll.com

  jll.com.

JLL completes sale of 360 North Rodeo Drive in Beverly Hills, CA

 

360 North Rodeo Drive, Beverly Hills, CA

LOS ANGELES, CA – JLL Capital Markets has closed the sale of 360 North Rodeo Drive in Beverly Hills, California, on behalf of the Harkham Family.

Marc Schillinger 

360 North Rodeo Drive comprises a double lot on the 300 block of Rodeo Drive and is occupied by tenants, including Rolex, Patek Philippe, Ferrari and a former boutique hotel.

 The sale is evidence that Rodeo Drive maintains its position as the most desirable real estate in the world. JLL utilized its position as one of the world’s leading intermediaries to procure offers from the most qualified buyers globally. 

 The JLL team representing the seller was led by Senior Managing Director Marc Schillinger and Executive Vice President Houman Mahboubi. 

Houman Mahboubi

His extensive track record on Rodeo Drive includes the record price per-square-foot sale of 420 N Rodeo Drive, several hundred million dollars’ worth of financing, and record lease transactions that continue to surpass pre-covid numbers.

The team also included Geoff Tranchina of JLL’s Retail Capital Markets and JLL Hotel & Hospitality’s John Strauss, Tony Muscio and James Stockdale.

 The buyer was represented by Jay Luchs of Newmark.

Geoff Tranchina

“We were hired as advisors to explore all scenarios, sale, recapitalization, and holding with new leasing and financing in place," said Schillinger.

"Ultimately the buyer demand was so compelling that the best outcome was a sale. We were honored to represent the Harkham’s on this very significant transaction for their family.”

 “Tenant demand is also surging, and Rodeo is on a trajectory to achieve $1,200-per-square-foot rents by 2025,” added Mahboubi.

 

Contact:

 Kimberly Steele

JLL Manager

 Public Relations

Phone: +1 713 852 3420

 Kimberly.Steele@am.jll.com