America’s Favorite Baby-Boomer Model: Cheryl Tiegs’ Beautiful Home on the Market for $18.5 Million

The 4,770-square-foot house in Bel Air, CA has five bedrooms and  five baths

Photo credit: Adam Latham       Source: www.jademillsestates.com

Cheryl Tiegs

BEL AIR, CA -- Cheryl Tiegs was America’s favorite model in the 1970s and ‘80s as the three-time cover girl for Sports Illustrated swimsuit issues, four-time covers on People and three times at Time.

Her ‘70’s posters in a white fishnet bathing suit and then her pink bikini photo solidified her role as America’s first baby-boomer supermodel.

 Almost as beautiful as Cheryl, her Balinese-style Bel Air home is for sale at $18.5 million, according to TopTenRealEstateDeals.com.

Alphonzo Bell Sr.

Tiegs’ enclave is situated on 1.43 lush acres behind gates that open to a long drive giving privacy and entrance into something that feels much more like the deep tropics than suburban Los Angeles.

Perched on a promontory with 180-degree views, it is awash in palm trees, huge Monstera vines and tropical flowers throughout the home’s landscape and pathways.

Jennifer Aniston

 The house itself is a study in bold natural elements, textures and colors from fabrics, floors, dark-wood beams, glass walls opening to vegetation and stunning views.

Jay-Z 

The 4,770-square-foot house has five bedrooms, five baths, chef’s kitchen with large butcher block island, huge open spaces for entertaining both inside and out, a wine cellar, pool, guest house and three-car garage.

Cheryl began modeling when she was 17 appearing on the covers of Glamour, Seventeen and Elle.

Beyonce

 Her fresh-faced beauty inspired teenaged girls and young women to buy her beauty book, The Way to Natural Beauty, in the hope that they would discover some wonderful secret that would turn them into glamour girls too.

Ahead of her time and a natural entrepreneur, Cheryl was noted for being first at many things we take for granted today including the first model to start a signature line of clothing and accessories, which were sold exclusively at Sears.

Tiffany Mills 

During the 10-year life of that business, almost a billion dollars of her merchandise was sold.

With her modeling career taking her all over the world, Cheryl was able to pick from her own experiences how she wanted to live.

When it came time to buy her own home, she found solace and inspiration in the Balinese way of life and duplicated that environment in her own Southern California home.

Bel Air was originally developed in the 1920s by oilman and tennis-champion Alphonzo Bell Sr. intended as something similar to Beverly Hills but without the celebrities.

Jade Mills

 Despite Alphonzo’s plans, celebrities who now make Bel Air home include Cheryl, Jennifer Aniston, Jay-Z and Beyonce.

Also not far from Cheryl’s home is a 1930’s Bel Air estate that is the most expensive home currently for sale in the United States at $225 million.

Jade Mills and Tiffany Mills of Coldwell Banker Global Luxury, Beverly Hills are the listing agents for the Tiegs property.

CONTACT:

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

Regis Philbin’s Connecticut Mansion For Sale at $4.6 Million

Regis Philbin's 2.6-acre mansion in Greenwich, CT has six bedrooms and nine baths

  

Photo credit: Steve Rossi Photography for Sotheby’s International Realty

Source: www.sothebysrealty.com

Regis Philbin

Greenwich, CT -- At age 88, Regis Philbin has had one of the most successful and long-lived careers as a game-and-talk-show host who, after graduating from his beloved University of Notre Dame and a stint in the Navy, began his television career as an announcer on The Tonight Show, a talk-show in San Diego and in 1967 as Joey Bishop’s sidekick on The Joey Bishop Show.

     Joy Philbin

According to TopTenRealEstateDeals.com, Regis worked nonstop from coast to coast including Los Angeles, St Louis and New York as America’s favorite conversationalist until he retired from Live! With Regis and Kelly in 2011.

Joey Bishop

 He has resided on the East Coast for decades close to the New York television studios, but has recently put his Connecticut home on the market so that he and wife, Joy, can move to California to be closer to their children.

Kathie Lee Gifford

 The mansion is priced at $4.595 million, 36% less than what he paid for it almost a decade ago.

Located in Greenwich, the estate sits on 2.59 acres in a lushly green neighborhood among other similar-sized homes.

 Measuring in at 13,661 square feet, there are six bedrooms and nine baths.

 Kelly Ripa

Elegantly decorated, the English Manor-style home is both impressive for entertaining but also has the warmth of atmosphere and livability that makes it a fine family home for day-to-day living.

Joseph Barbieri 

 Indoor features include the formal living and dining, a large eat-in kitchen, mahogany-paneled library, home theater, family room, sunroom, billiards room, large gym, sauna, wine cellar and tasting room that includes a full bar. There are a total of seven fireplaces.

Outside are expansive manicured lawns and mature trees, shrubs and gardens with swimming pool, spa and tennis courts. Terraces provide excellent space for entertaining or privately enjoying the sunshine.

The gated drive ends at garages that can house five cars with plenty of additional open parking for guests.

Philbin was host of the popular Who Wants to be a Millionaire, Million Dollar Password, and was a judge on the first season of America’s Got Talent.

He hosted the daytime talk show Live! With Regis and Kathie Lee and later with Kelly Ripa which he hosted for almost 28 years.

 In 2004, he set a Guinness World Record for most on-camera hours of 15,188 for that year.

After 56 very active years on television, Regis and wife, Joy, are selling their much-loved Greenwich, Connecticut home asking $4.595 million.

The listing agent is Joseph Barbieri of Sotheby’s International Realty, Greenwich Brokerage.

 CONTACT:

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

Trez Forman Closes $45.4 Million Loan for Tri-State Area Mixed-Use Redevelopment in Darien, CT

 Brett D. Forman 

 New York City and Palm Beach, FL -- Trez Forman Capital, with offices in Atlanta, Ga. and Palm Beach, Fla., funded a $45.4 million loan for a mixed-use redevelopment in the New York City metropolitan area. 

The project, Noroton Heights, is the first redevelopment in the Town of Darien, Connecticut in many years.

The transaction closed on Nov. 15. Noroton Heights & Company, LLC is the borrower and affiliated parties own and operate the adjacent Palmer’s Market.

Trez Forman President and CEO Brett D. Forman and Russ Holland from the firm’s Atlanta office Managing Director arranged the financing.

Located on four acres at 264 and 346 Heights Road, Noroton Heights is planned to include retail, restaurants, 59 apartments and an underground parking garage.

Russ Holland 

Four existing buildings constructed in 1960 are set to be demolished to make way for the construction of three brand-new buildings. Construction of a skybridge connecting two of the buildings is also planned.

Darien is primarily a commuter town, as many residents work in nearby New York City. The Noroton Heights metro north rail station connects to the redevelopment site.

“We are thrilled to expand our tri-state portfolio with this new loan,” said Forman. “Noroton Heights is a project that fills a void for new apartments, retail and restaurants to service the many commuters who rely on the rail station. We continue to aggressively monitor the region for similar opportunities.”

CONTACTS:

 Todd Templin

Executive Vice President

BoardroomPR

ttemplin@boardroompr.com

O 954-370-8999

C 954-290-0810

Bank of America Plaza | 1776 N Pine Island Rd

Suite 320 | Fort Lauderdale, FL 33322

Web | Facebook | LinkedIn | 

Eric Kalis

954-370-8999

ekalis@boardroompr.com

www.trezforman.com

Voit Directs $21.5 Million Sale of 138,081-SF Multi-tenant Industrial Park in Rancho Cucamonga, CA

Juan Gutierrez

Rancho Cucamonga, CA – Voit Real Estate Services is proud to announce that Juan Gutierrez, Senior Vice President out of Voit’s Ontario office, and Mike Bouma, Senior Vice President from Voit’s Anaheim office, successfully directed the $21,500,000 multi-tenant investment sale of a 138,081 square-foot industrial park in Rancho Cucamonga.

The Voit team represented the seller, Focus Real Estate Services, LLC, based out of Newport Beach.

The buyer, Teamrise International, based out of Pasadena, was represented by KMBJ, Inc.  

In just three years of ownership, Focus Real Estate Services implemented an aggressive renovation and marketing plan which stabilized rents and occupancy, adding a significant amount of value to the property. 

 With rent growth projected to continue and a low market vacancy, the  project is well positioned to provide the buyer excellent returns well into the future according to Bouma.

Mike Bouma

“We were very impressed with the comprehensive marketing efforts the Voit team put forth to identify a qualified buyer for the Arrow Business Park, and even more impressed by their continued diligence and involvement from the time the buyer was selected to the close of escrow,” commented one of the Partners with Focus Real Estate.

The property is located at 9007-9087 Arrow Route in Rancho Cucamonga, Calif.

CONTACTS:

Juan Gutierrez

 (909) 545-8008

jgutierrez@voitco.com 

Jessamyn J. Wilkinson | Director of Marketing

Voit Real Estate Services

2020 Main Street, Suite 100 | Irvine, CA 92614

T (949) 263-5314 | C (949) 929-7147

jwilkinson@voitco.com | www.voitco.com

Voit Real Estate Services, Broker License # 01991785

www.voitco.com.  

Seefried Industrial Properties & USAA Real Estate Company Break Ground to Develop Ella West Crossing in Houston, TX (Harris County)

  

Ella West Crossing, inside Pinto Business Park, an exceptional, Class-A master planned industrial park in North Houston

Houston, TX - Seefried Industrial Properties, as development partner for USAA Real Estate, is proud to announce the ground breaking of Ella West Crossing inside Pinto Business Park, an exceptional, Class-A master planned industrial park in North Houston.

Jonathan Stites

Located at the northeast corner of Ella Boulevard & West Road, and just 20 minutes from Bush Intercontinental Airport, Ella West Crossing will total 221,393 square feet with cross-dock or front-load lease configuration options that can accommodate multiple industrial users with space requirements ranging from 40,000 to 221,393 square feet. 

 Its close proximity and direct access to both I-45 and Beltway 8 make it an ideal location for industrial distribution.

“We are thrilled to have the opportunity to develop another building in the Houston market and so appreciate the cooperation of the Pinto Business Park ownership to proceed forward on this site," said Jonathan Stites, Senior Vice President of Seefried Industrial Properties.

  "USAA Real Estate Company truly is a world-class institution, made so by the leadership and team of professionals at every level.  Seefried has successfully developed millions of square feet of space with USAA over the last 10 years, and we look forward to Ella West Crossing being the next successful venture in that relationship.”

Ferdinand Seefried 

Ella West Crossing will feature a 32-foot clear height, generous 185’ truck courts and a total of 50 dock doors, 3 drive-in doors, 234 vehicle parking spaces, 67 trailer spaces, and an ESFR sprinkler system.

Ella West Crossing is scheduled for completion in July 2020.

The Seefried team is proud to announce Rosenberger Construction as the General Contractor, Powers Brown Architecture as the architect and Brown and Gay Engineers, Inc., as the civil engineer. 

The Avison Young team, led by Todd Mason and Jeff Lindenberger, will lead the leasing/marketing effort for the new project. 

About Seefried Properties:

Seefried Properties was founded in 1984 by Ferdinand Seefried and is still 100 percent privately owned today. 

Jeff Lindenberger

 The firm focuses on industrial development in core markets and build-to-suits with corporate tenants and users in first and second-tier markets. 

Seefried's development, construction, leasing, property management and accounting teams firmly believe that client relationships are solidly built on trust and further developed by each individual experience.

  Seefried is based in Atlanta, with regional offices in Los Angeles, Dallas/Fort Worth, Chicago and Phoenix.  Seefried Properties has built over $6 billion in development volume in 25+ markets across the U.S.

For more information, please visit www.seefriedproperties.com

About USAA:

USAA Real Estate was founded in 1982 as a real estate investment arm of USAA. With over $12 billion in assets under management, the company provides co-investment asset management services to U.S. pension funds, as well as to foreign and domestic institutional investors.  

Todd Mason

The USAA portfolio consists of office, industrial, multi-family, retail and hotel properties as well as investments in real estate operating companies. 

 USAA Real Estate Company is a subsidiary of USAA, a leading financial services company, serving military families since 1922.  

For more information, please visit usrealco.com

Contacts:

Mr. Jonathan Stites

Senior Vice President

Seefried Industrial Properties

jstites@SeefriedProperties.com             

+1 (214) 393-6066

Barb Bennett

Marketing Coordinator

Seefried Industrial Properties, Inc.

3333 Riverwood Parkway SE, Suite 200

Atlanta, Georgia 30339

Office:    (770) 702-8207

Mobile:  (520) 661-9641

bbennett@seefriedproperties.com

Arbor Funds $21.4 Million Fannie Mae DUS® Green Rewards Loans in Florida and Texas

Geoffrey Platt

UNIONDALE, NY (Nov.26, 2019) – Arbor Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial mortgage lender, recently funded Fannie Mae DUS® Green Rewards loans in Jacksonville, FL and Killeen, TX.

The properties received 21.4M in financing through the program and have 10-year fixed rates with two years of interest only payments.

Midtown Oaks, Jacksonville, FL

Geoffrey Platt of Arbor’s New York City office originated the loans.

“Through these loans, our clients were able to take advantage of the low interest rate environment made available through Fannie Mae’s green financing,” Platt said. “Arbor takes pride in partnering with our borrowers so they can achieve their current and future goals.”

Midtown Oaks is located in Jacksonville, FL. Built in 1974, the 176-unit property features newly renovated kitchens, hardwood floors, walk-in closets and air conditioning.

Country Place Apartments, Killeen, TX

This luxurious, gated community has a fitness center, spa, pool and playground for residents to enjoy. It is conveniently located near shopping and recreation.    

The Country Place Apartments, located in Killeen, TX, were built in 1996. The two-story, 137-unit property features air conditioning and walk-in closets.

It also offers a 24-hour fitness center, swimming pool, basketball court, pet park, and playground. The gated community is just minutes from dining, retail and entertainment, as well as Fort Hood.

CONTACT: 

Bina Handa

Tel: 516.506.4229

bhanda@arbor.com

Arbor Funds a $12.7 Million Freddie Mac SBL Portfolio in Northern New Jersey

                               

 Ari Short 

UNIONDALE, NY – Arbor Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial mortgage lender, recently funded a portfolio of Freddie Mac SBL loans throughout Northern New Jersey.

The five properties, totaling 93 units, received $12.7M in refinance cash-out funding through the program. The loans are 10-year hybrids, featuring 10-year fixed followed by10-year floating-rates on a 30-year amortization schedule.

82-92 Contant Avenue

 Ari Short of Arbor’s New York City office originated the loans.

 “The borrower was able to take advantage of a low-interest environment and secure 10-year fixed-rate loans for multiple properties, while also pulling out equity to purchase additional assets in the market,” said Short.

“We’ve seen a lot of activity in Northern New Jersey since the New York City rent laws were amended, and we’re pleased to be able to facilitate our client’s long-term plans.”

 The properties include:

82-92 Contant Avenue (7.2M): Built in 1966, the two-story, 50-unit complex features one- and two-bedroom apartments. The community provides on-site parking and is conveniently located near shopping, New Jersey commuter rail service, and recreation.

 23-27 Jackson Street ($1.9M): This 18-unit multifamily property is comprised of mostly two- and three-bedroom units. The complex features on-site parking and is located near Route 21, approximately 12 miles to New York City.

416 Walker Street 

 341-343 Palisade Avenue ($1.7M): Built in 1920, this multifamily walk-up is comprised of 11-units and on-site resident parking with local and express bus service nearby.

 416 Walker Street ($1.1M):  The three-story complex was built in 1969. The property contains on-site parking and is conveniently located near shopping.

 458-460 Walker Street ($.8M): Built in 1971, the two-story complex is conveniently located to shopping and restaurants.

CONTACT: 

Bina Handa

Tel: 516.506.4229

bhanda@arbor.com

HSA Commercial and Clarion Partners Sign 375,000 SF Lease with DSC Logistics in Shorewood, IL

Heartland Corporate Center warehouse development at 21530 SW Frontage Road in Shorewood, IL, near the I-55 and I-80 interchange.

CHICAGO, IL  (Nov. 26, 2019) — HSA Commercial Real Estate, a Chicago-based full-service real estate firm, and New York-based Clarion Partners LLC today jointly announced the firms have signed a 375,000-square-foot lease with DSC Logistics at the Heartland Corporate Center warehouse development at 21530 SW Frontage Road in Shorewood, Ill., near the I-55 and I-80 interchange.

Robert Smietana

 Des Plaines, Ill.-based DSC Logistics has already taken occupancy of 250,000 square feet at the building to start processing inbound deliveries and, within the next six months, will expand to occupy half of the newly built distribution center once additional interior and site improvements are completed. 

The 757,880-square-foot Heartland Corporate Center building was developed by HSA Commercial Real Estate in partnership with Clarion Partners on a 46-acre land site.

 The distribution center features 36-foot clear heights, 108 truck docks and 240 parking spaces for employees and visitors. Exterior construction was completed earlier this year.

“We are excited to add another quality tenant to our Heartland Corporate Center as it contributes to the continued leasing momentum in the I-80 submarket,” said Michael Williams, vice president with Clarion Partners. “We are proud to expand our relationship with DSC Logistics and look forward to future opportunities.”

 Lynn Reich 

“Our partners are pleased to welcome DSC Logistics as the first tenant at our Heartland Corporate Center development,” said Robert Smietana, vice chairman and CEO with HSA Commercial Real Estate.

 “With our location at the I-55 and I-80 interchange and our state-of-the-art facility design, we are really optimistic about our leasing prospects for the other half of the building.”

Suzanne Serino

David Bercu and Matthew Stauber of Colliers represented ownership in the lease transaction, and Lynn Reich and Suzanne Serino of Colliers represented DSC Logistics.

About HSA Commercial Real Estate:

Founded in 1981, Chicago-based HSA Commercial Real Estate is a diversified, full-service real estate firm specializing in office, industrial, retail and health care real estate leasing, management, marketing, development and financing on a national basis. 

David Bercu 

Along with developing and acquiring more than 100 million square feet of commercial real estate across the United States, with a total consideration in excess of $6 billion, HSA Commercial Real Estate has represented owners and tenants in more than 10,000 transactions in 43 states; manages a property portfolio in excess of 14 million square feet in locations across the nation; and owns more than 10 million square feet of commercial property throughout the country.

About Clarion Partners:

Clarion Partners, an SEC registered investment adviser with FCA-authorized and FINRA member affiliates, has been a leading U.S. real estate investment manager for more than 36 years. 

Headquartered in New York, the firm has offices in Boston, Dallas, London, Los Angeles and Washington, DC. 

Matthew Stauber

With more than $51 billion in total assets under management, Clarion Partners offers a broad range of both debt and equity real estate strategies across the risk/return spectrum to its more than 350 domestic and international institutional investors. 

CONTACTS: 

Rebecca Boykin, rboykin@taylorjohnson.com, (312) 267-4523

Abe Tekippe, atekippe@taylorjohnson.com, (312) 267-4528

www.clarionpartners.com.