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WELC OME TO WIND RIDGE R ANCH 2 650 W 2 23RD STREE T BUC YRUS, K S

VOLUME 3, NUMBER 9 / DE CEMBER 2018


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NBA REAL ESTATE

LAS VEGAS REAL ESTATE MARKET

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WELCOME SEATTLE TO THE NHL

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The NBA’s next big cash grab: Taking over your downtown

Las Vegas is known as a popular vacation destination, but it’s also an incredible place to call home.

Interested in learning about housing markets across the nation and hear inside tips from our Local Area Representatives? Listen here.

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Browse the top luxury listings from coast to coast.

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317 17TH STREE T | MANHAT TAN BE ACH, C A 6 BED / 10 BATH / 11,917 S Q F T / 6, 751 S Q F T LOT OFFERED AT $16,995,000 The 2nd Largest Home in Manhattan Beach!* This spacious beach estate is located on 2.5 walkstreet lots with stunning panoramic ocean and white water views. The warm and inviting home was designed by Dave Watson and built in 2014 by Steve Larkin with every imaginable luxury that you would expect in a home of this magnitude: theater, saltwater pool with waterfall features and cabana, walk-in wine cellar with dry bar, indoor virtual golf course/driving range, his and her offices plus children’s study/playroom, gourmet kitchen with breakfast nook and butler’s pantry, two living rooms, formal dining room, gym, multiple ocean view decks and balconies, four-stop elevator, heated floors in most bathrooms, humidors on all four levels, technology/server room with Savant smart home automation center, solar power, and so much more. * not proven but likely

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2 7 760 EDGERTON ROAD LO S ALTO S HILL S, C A 4 BED / 6 FULL BATH 7, 886 S Q F T / 1.65 ACRE S OFFERED AT $5,998,000 Grand architectural masterpiece! Over 7,800 sq. ft. estate featuring historical and state-of-the art 80-seat theater hosting celebrated performers and speakers. The property offers 4 bedrooms, 6 full and 2 half baths, and complete privacy on over 1.65 acres. Stunning gardens and pool with waterfall. Perfect for entertaining, featuring chef’s kitchen, expansive decks, oversized dining room and glamorous living room. Close access to pathways, trails, highways, and excellent Palo Alto schools.

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SE AN SPANEK

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TIM S AVAGE (239) 82 1-7576/ TIM@GCIPNAPLE S .C OM

1240 GORDON RIVER TR AIL | NAPLE S, FL

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6 BEDROOMS / 7 FULL BATHS / 3 HALF BATHS / 9, 824 S Q F T / 5.5 C AR G AR AGE / TRUE DOUBLE E STATE LOT OFFERED AT $9,490,000 The Estuary’s best value; true double lot, gated estate with separate, full guest house! The main home is 5 bedrooms suites, 6 & 1/2 baths, library, office, media room, bar, and a private apartment with living room, kitchen, bedroom, bath & laundry. The gourmet kitchen features AlliKriste cabinetry, Viking appliances, walk in pantry, china room & a 1,000 bottle wine room.

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709 E SPL ANADE | REDONDO BE ACH, C A 5 BED / 6 BATH / 9, 200 S Q F T / 7,454 S Q F T LOT OFFERED AT $13, 700,000 Contemporary, sleek and unquestionably modern, this one-of-a-kind landmark residence presents a spectacular oceanfront location on the southern sands of Redondo Beach. Three terraces and abundant picture windows welcome panoramic Pacific Ocean views that stretch from the Palos Verdes Peninsula to Malibu’s Point Dume and encompass crashing waves, passing sail boats, a jetty, pier and shimmering lights after romantic sunsets. Centered around a soaring atrium with oversized skylight, the open and bright estate is generously proportioned at approximately 9,200 square feet and showcases 5 bedrooms, 6 baths, maid quarters with a separate entrance, grand rooms with slide-away doors to terraces and loggias, an 8-car garage, expansive media/game room and an elevator that serves all levels.

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ED KAMINSKY

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COVER HOME

2 650 W 2 23RD STREE T | BUC YRUS, K S 3 BED / 3 BATH / 8,540 S Q F T / 333 ACRE LOT OFFERED AT $6,250,000 Welcome to Wind Ridge Ranch! 333 Acre Private Luxury Estate Offers: Meticulously Maintained, Custom Built Home featuring Beautiful Architecture & an Open Floor Plan; 22 Stall Equestrian Center providing instant income producing opportunity; Panoramic Views; Convenient Location with Diverse Terrain; Beautiful Ponds & Timber and Unlimited Outdoor Recreation. This is a place for multi-generations of families to grow and connect, creating memories to last a lifetime! You must see to truly take in this amazing property!

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DAVID VAN NOY

(913) 259-4663 / DAVID@THE VANNOYGROUP.C OM

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305 RO SE G ATE AVENUE | L A S VE G A S, NV 6 BED / 10 BATH / 11,460 S Q F T / 18, 7 31 S Q F T LOT OFFERED AT $2 ,950,000 Magnificent custom home in the prestigious Green Valley Ranch Estates. Sliding pocket glass doors open up the 11,400+ square foot home to experience indoor/outdoor living. Take in unsurpassed views of the city and Strip from the expansive deck. The open floor plan includes 6 ensuite bedrooms, sauna, elevator, gym, 5 fireplaces, and lacquered cabinets. Gourmet kitchen features granite counters and top of the line appliances including Mile, Sub Zero and Wolf.

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KAMR AN Z AND

( 702 ) 354-2023 / KAMR AN@LUXURYE STATE S .C OM

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THE NBA’ S NE X T BIG C A SH GR AB: TAKING OVER YOUR DOWNTOWN KE VIN ARNOVIT Z E SPN STAFF WRITER ON A GRAY, misty April afternoon in San Francisco, Golden State Warriors CEO Rick Welts stands atop a parking garage overlooking the massive cavity that, in just over one year’s time, will house the three-time NBA champions. “I could come down here every day,” Welts says, holding an oversized Warriors umbrella at the site of the Chase Center, the team’s future arena, which is set to open next season. That umbrella will come in handy as the dollars pour down in the coming years by virtue of owning this private facility, but not all of those dollars will come from basketball. Relying solely on traditional revenue streams would’ve made it impossible for even the NBA’s premier superteam to claim such an expensive property. As much as Golden State will profit from the sale of fancy courtside lounges with proximity to a private wine cellar and the membership fees for the right to buy a season ticket, there simply won’t be enough money coming from this arena, or any arena, to compensate for the overall costs. That’s why the Warriors, along with a number of

other NBA franchises, are looking to tech giants, million-dollar condos and buzzy restaurants to offset the construction of new facilities, as well as the price of running a team in a league whose salary cap and infrastructural budgets are ballooning. Although the league’s profitable broadcast deal that expires in 2025 helps cover much of those expenditures, there’s no certainty that the next contract will be as lucrative as this one.

team in the world will be collecting hefty rent checks for the foreseeable future from one of the most successful tech behemoths in the world.

IN OTHER WORDS: TO BE IN THE BASKETBALL BUSINESS IN 2018, A TEAM CAN’T SIMPLY BE IN THE BASKETBALL BUSINESS.

The NBA is a real estate company.

Once Welts is through marveling at the progress, he turns toward what will be the Chase Center gate house, where the emerging structures of two buildings that will hold 580,000 square feet of office space occupied by Uber are being constructed. To compensate for the move and their exorbitant luxury tax bills, the Warriors sold off 45 percent of this San Francisco project to the ride-share company, as well as 10 percent to Alexandria Real Estate equities, a development company that’s been active in the area. The Warriors then retained 45 percent ownership of that office space. Consequently, the most successful basketball

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As fond as team owners and executives have become in recent years of calling their beloved franchise a “technology company,” or “media company” or “entertainment company,” there’s an increasingly popular tag being heard at board of governors’ meetings:

“We are the new anchor store,” says Atlanta Hawks CEO Steve Koonin. A WARRIORS GAME at the Chase Center in 2019 will feel more like visiting an opera house than a basketball arena. The building will be perched over San Francisco Bay like a lighthouse. Fans will flow into a handsome plaza bathed in the reflection of the glass structure where, inside, Stephen Curry will perform his pregame aria as the bowl comes to life. The arena will be not only a monolith to Steph and the Warriors dynasty, but also to a city that has amassed unparalleled wealth and cachet over the past two decades. For the Warriors, erecting this palace has been prohibitively expensive -- upward of $1.1 billion,


according to Bay Area and league sources. There are municipalities in the United States that are still amenable to publicly subsidizing the construction of sports facilities for rich ownership groups, but San Francisco isn’t one of them. The city’s costs are too expensive, and its civic politics too suspicious of commercial development. The Warriors had to pay for this thing out of their own pocket, and they needed to find new ways to do it. For decades, the NBA has derived the vast majority of its revenue from a few major buckets: broadcast revenue, tickets and suite sales, sponsorships, merchandise and licensing. That’s changing. “THE ECONOMICS DON’T MAKE ANY SENSE IF YOU DON’T HAVE ADDITIONAL OPPORTUNITIES TO DRIVE REVENUE TO JUSTIFY PUTTING A BILLION DOLLARS TO BUILDING ONE OF THESE,” says Welts, 65, who was inducted into the Naismith Basketball Hall of Fame in September.

Curry, Kevin Durant, Klay Thompson and Draymond Green might be the best show on hardwood, but a schedule of 41, 55 or even 100 home dates combined with a slate of marquee concerts and cultural events can’t sufficiently balance the books, service the loans and maintain the building. A team can raise private capital, recruit competent partners and structure its financing with the finesse of a pretty Golden State split-cut set in the half court -- and the Warriors have done all of the above -- but investors want to see a return on their money. Sources say that additional basketballrelated income from the move into the new arena is projected to reach between $175 and $200 million annually over current numbers at Oracle Arena. But the Warriors could also be looking at a payroll of approximately $323 million in combined salary and luxury tax commitments if Durant and Thompson return -- and that’s filling out the 201920 roster with five minimum-salary players.

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So the organization is becoming a landlord to Uber and will also lease out 100,000 square feet consisting of 29 restaurant and retail spaces. Much of the income derived from the project will go to cover the debt, but the Warriors anticipate healthy earnings from their high-value real estate. And unlike the revenue generated inside the arena, these earnings don’t have to be shared with players and the havenot franchises of the NBA. “This is the foundation of our success for the next 40 years,” Welts says. “Our core product will always be the Warriors and the thing people care most about, but flowing from that are going to be businesses that, [when] very carefully chosen, we can leverage the Warriors’ success by doing more things.”

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1416 GR ANVIA ALTAMIR A PALO S VERDE S E STATE S, C A 5 BED / 5 BATH / 4,465 S Q F T / 19,129 S Q F T LOT OFFERED AT $2 ,995,000 This spacious home is an entertainer’s paradise! Seamless indoor/ outdoor spaces open to a tiered back yard with vibrant rose bushes, mature palm trees, sparkling pool, spa, plenty of seating and a convenient bbq area. Inside, a formal living room as well as a cozy family room are adjoined by a double sided fireplace. The kitchen featuring stunning wood/tile inlay flooring is equipped with six-burner stove, fridge, double ovens and bonus prep sink. Off the kitchen is a charming sun room with 3 walls of windows and a wood beamed ceiling. The secluded master suite is a private sanctuary with a fireplace, glamourous master bathroom and vanity, and direct access to the pool and spa. Located in scenic Palos Verdes Estates, this home is located just minutes from award-winning schools, dining and shopping.

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ED KAMINSKY

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80 JOHN STREE T AP T 16E | NE W YORK , NY 2 BED / 2 BATH

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OFFERED AT $1,100,000 VALUE!!! Can you say, “Champagne on a beer drinker’s budget?” This is the lowest priced two bedroom two bathroom condo in FiDi, but you won’t feel like you’re sacrificing or scrimping. This home has an warm feeling with high beamed ceilings and three living room windows, a modern, open-concept layout, stainless Bosch and Sub Zero appliances, granite counters and great closets.. It’s easy to imagine hosting game nights, a movie marathon and intimate get-togethers. You’ll be able to work from home, and the bathrooms will enable you to take a spa day without ever having to take off your pajamas or slippers. And the Financial District? It’s the “New Black”! The Next New Thing! Manhattan’s newest luxury residential destination neighborhood. The Fulton Street subway entrance and a full service supermarket are across the street, and every neighborhood convenience is within single block. The South Star is a pre-war Art Deco condominium with 24/7 concierge, laundry on the floor, a live-in super and a garage (extra fee). Among the lowest Monthlies Common Charges in Manhattan! Save on your housing expenses; comfortably splurge on the champagne!!

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MICHAEL SHAP OT

(6 46) 683-432 1 / MICHAEL . SHAP OT@C OMPA S S .C OM

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1117 PACIFIC AVE #6 | MANHAT TAN BE ACH, C A 2 BED / 2 BATH / 866 S Q F T / C ONDO OFFERED AT $849,000 Prime location on the border of the prestigious Hill Section and highly sought after Sand Section of Manhattan Beach! This gorgeous renovated beach condo is nestled just 4 blocks from the beach and downtown Manhattan Beach’s top-rated restaurants and boutiques yet far enough where there still is street parking for you and your guests.

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ED KAMINSKY (310) 42 7-2414 EK@IT Z S OLD.C OM

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THE L AKE OF A LIFE TIME Tahoe Beach Club is a rare and wonderful four-season community on the south shore of America’s most iconic lake. You’ll be excited by the famed location, then fall in love with the welcoming community, the world class amenities, the friendly and almost familial staff, the Club’s steadfast stewardship of the Tahoe Basin’s natural beauty. Prices range from $1.3 to $5.1 million.

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1800 AMARONE WAY | L A S VE G A S, NV

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5 BED / 6 BATH / 6, 24 7 S Q F T / 15,682 S Q F T LOT

( 702 ) 354-2023 / KAMR AN@LUXURYE STATE S .C OM

KAMR AN Z AND

OFFERED AT $2 ,400,000 Exquisite custom home located in guard gated Roma Hills! Be welcomed by a dramatic entrance with grand staircase. Wood and tile flooring flow throughout the fivebedroom home. Spacious chef-style kitchen features top of the line appliances. Take in stunning mountain and Strip views from the expansive balcony. Backyard features lush landscaping, sparkling pool, spa and waterfall. Other features include a casita, wet bar and five fireplaces.

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GE T TING TO KNOW THE L A S VE G A S RE AL E STATE MARKE T

KAMR AN Z AND | LUXURY HOME S INTERNATIONAL LOC AL ARE A REPRE SENTATIVE / L A S VE G A S

605 S AINT CROIX STREE T, HENDER S ON, NV

Las Vegas is known as a popular vacation destination, but it’s also an incredible place to call home. The largest metropolitan area in Nevada combines the feel of a big city with the convenience of a small town. Its history is rich and vibrant, matched only by the beauty of its national surroundings. The desert climate offers yearround sunshine with bright summers, mild winters and gorgeous sunsets.

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Las Vegas home sales are thriving with one of the fastest growing housing markets in the country right now. Whether your preference is Mediterranean-inspired, Mid-Century modern or bold contemporary, Las Vegas real estate provides great opportunity. Custom homes are being built and bought for far less than in other markets, including nearby Southern California. One of the largest and fastest growing areas in the Las Vegas real estate market is Summerlin. The master-planned community sits in the far west valley, nestled against the beauty of Red Rock Canyon. It’s divided into upscale neighborhoods like The Ridges and the brand new ultra-exclusive Summit Club.

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1452 MACDONALD R ANCH DRIVE , HENDER S ON, NV On the other side of the valley, Henderson offers a variety of housing options with an easy familyoriented pace and refreshing array of parks and nature trails. MacDonald Highlands and Ascaya provide staggering hill-side views of the valley while Green Valley, Anthem and other neighborhoods have a deep selection of luxury options. If you want to be close to the action, enjoy upscale high-rise living on or near the Strip. The Waldorf Astoria, Veer Towers and Palms Place combine sweeping views with resort-like accommodations. Rooftop swimming pools, private fitness centers and personalized concierge services are often included with high-rise towers.


THE WALDORF A STORIA 3750 L A S VE G A S BLVD S ., L A S VE G A S, NV Character-rich estates are a staple of classic “Old Vegas” neighborhoods like Rancho Circle and the Las Vegas Country Club. Meanwhile, Section 10 and Queensridge have their share of extraordinary custom homes west of the Strip. For vibrant waterside living, numerous opportunities lie at The Lakes, Desert Shores or Lake Las Vegas.

305 RO SE G ATE AVENUE , HENDER S ON, NV When it’s time to play, the excitement of the city is only moments away. The Strip is home to the most extravagant resorts, casinos, restaurants, shows and attractions in the world. Dine at a five-star French bistro before an evening at Cirque du Soleil or ride the 550-foot-tall High Roller observation wheel after placing a bet at a sports book. The bright lights continue Downtown, where the glory of vintage Vegas is on full display. Enjoy a cocktail while exploring Fremont Street, tour the Downtown Container Park or catch a performance at the Smith Center for the Performing Arts. Nature lovers can escape the chaos by visiting scenic wonders like Red Rock Canyon, Mt. Charleston, Hoover Dam, Lake Mead and Valley of Fire. Even the Grand Canyon is just a short helicopter ride ride away.

2 786 L A BELL A C OURT, HENDER S ON, NV For years, Las Vegas was tagged as a transient city, but the local pride that’s developed in recent years is undeniable. That spirit is reflected in the community’s emergence as a bona fide sports town. Locals frequently sell out the T-Mobile Arena to watch the Vegas Golden Knights play NHL home games and visit the team’s public practice facility in Downtown Summerlin. With new stadiums under construction for the NFL Raiders and a minor league baseball team, it’s clear there is plenty of hometown pride to go around. The local economy is driven by casinos and tourism, but businesses like Allegiant, Zappos and Tesla have taken up residence in Nevada due to the state’s economic climate and favorable tax conditions. Homeowners enjoy one of the lowest property tax rates in the country and have no state income tax to worry about. Las Vegas is all about convenience. The city’s efficient road and highway system makes it easy to get from one part of the valley to another without the congestion common in larger cities. The airport is also one of the most accessible in the country, designed for large crowds and on-the-go travelers with a centralized location just off the Strip. There couldn’t be a better time to relocate to Las Vegas. Kamran Zand with Luxury Estates International is SportStar Relocation’s representative for Las Vegas. Kamran is highly knowledgeable and offers five star customer service.

IF YOU ARE LOOKING TO PURCHA SE OF SELL IN THE L A S VE G A S ARE A PLE A SE C ONTAC T KAMR AN Z AND AT KAMR AN@LUXURYE STATE S .C OM. INFO@SP ORT STARRELOC ATION.C OM

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51 PA SE O DEL L A LUZ R ANCHO PALO S VERDE S, C A MAIN HOUSE : 5 BED / 5 FULL BATH / 2 HALF BATH / 7, 841 S Q F T GUE ST HOUSE : 1 BED / 1 FULL BATH + STUDY / APPRO X . 700 S Q F T 32 , 304 S Q F T LOT / 0.8 ACRE OFFERED AT $5,200,000 The largest lot in the Oceanfront Estates community , this crown jewel estate enjoys ocean and Catalina views and is a short walk to the bluffs & parkland. Lush landscaping surrounds this almost 8,000 sqft home situated on a prime 32,000 sqft corner lot . A 5000 sqft courtyard, a feature that made this the original show home of this prestigious community. The main home is palatial, with sightlines from the entry that stretch to the horizon. Every detail is perfectly crafted. Hand-laid herringbone Brazilian walnut hardwood floors span the main floor. The chef’s kitchen boasts top-of-the-line appliances: 8-burner stove, 3 ovens & walk-in pantry. 2 large balconies off the formal living and dining room welcome sunset views. The 2000 sqft master suite is a private sanctuary with fireplace, balcony & massive walk-in closet. The ensuite master bath transports you to the spa: walk-in shower, soaking tub & 2 large sink/vanity areas. Take the elevator down to the lower level which offers a lavish great room that is perfect for entertaining with a handcrafted cherry wood wet bar & wine cellar, 4 bedrooms, one used as gym with private bath & sauna, a dining room & a family room in the children’s wing. The expansive backyard features a sparkling 20 meter pool, spa, fire pit, custom bbq & large grassy area. Entertain guests in a 700 sqft detached 1 bed /1 bath guest house with study. This home also features a 3-car garage w/ storage, dual-zoned a/c, solar system & 24hr on site security.

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ED KAMINSKY

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1928 W WOLFR AM | CHIC AGOL AND , IL 5 BED / 3 FULL BATH / 1 HALF BATH / 4, 200 S Q F T / 25’ X 125’ LOT OFFERED AT $1,499,900

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JULIE BUSBY

(312 ) 890-4818 / JULIE@BUSBYRE ALT YGROUP.C OM

Like-new, “WOW” factor home with 5 outdoor spaces and in level 1 CPS School! This home is built with the utmost integrity and has incredible design details throughout, as it served as the model home for a well-known builder. With every upgrade imaginable, the list includes: highly upgraded hardwood flooring, designer wall treatments, high end light fixtures, custom millwork, floor-to-ceiling windows, chef’s kitchen, a modern glass wine cellar, stateof-the-art media room with 7.1 surround sound, smart home capability, and 5 outdoor spaces – an entertainer’s delight! The home is topped off with an AMAZING penthouse roof deck that expands the entire footprint of the home and includes fireplace, TV hookup, surround sound, gas line, and an indoor wet bar – this home is perfection! All of this on a sought-after W Lakeview/Roscoe Village street!

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2 156 CHARLTON RD | SUNFISH L AKE MN 4 BED / 4 BATH / 3,483 S Q F T / 4 + ACRE LOT OFFERED AT $1,639,000 Fabulous 4 BR walkout rambler-Main level living at its finest-perfect for entertaining and busy lifestyle. 4+ acres, pool, pond and privacy all minutes from MSP airport and new Vikings facility.

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BR AD SMITH

(651) 755-5232 / BR AD@BR AD SMITHRE ALE STATE .C OM INFO@SP ORT STARRELOC ATION.C OM

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1959 PINERIDGE DRIVE WE ST ST PAUL , MN 4 BED / 3 BATH / 4,936 S Q F T OFFERED AT $8 7 9,000 . WOW! Not to be missed. Sprawling walkout rambler, floor to ceiling windows in great room. Cherry woodwork throughout. Room sizes are amazing. Car enthusiast or woodworker dream under garage. Location! Close to New Vikings facility (2 miles) and both downtowns. Private drive yet neighborhood feel. 1.5 acres ** 4900+ sq. ft.

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1131 MANHAT TAN BE ACH BLVD MANHAT TAN BE ACH, C A 2 BED / 1 FULL BATH / 1 HALF BATH / 92 2 S Q F T / C ONDO OFFERED AT $749,000 Don’t miss this incredible townhouse a short distance to the beach, fine dining, shopping and award-winning schools!

BR AD SMITH

(651) 755-5232 / BR AD@BR AD SMITHRE ALE STATE .C OM

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23388 SW STAFFORD HILL DRIVE WE ST LINN, OR 4 BED / 7 BATH / 10, 84 7 S Q F T / 20 ACRE LOT OFFERED AT $2 ,950,000 Modern 7,094 sq. ft. home in West Linn gated community on 20 parklike acres. Custom designed with amazing indoor pool & spa house with telescoping doors that open to patio. Gorgeous finishes throughout incl Birdseye cherry & zebrawood, chefs kitchen with deluxe appliances, sound-isolated home theater, 5 bedrooms & 6 baths incl. 2nd master on main. Fully automated light and audio control throughout. Beautiful pond with creek & grounds. Lower level consists of indoor pool and wine cellar areas. Indoor pool house + house = 10,847sqft

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TERRY SPR AUGE

(503) 459-398 7 / TERRY@LUXE CIR .C OM

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RE AL E STATE INVE STING WITH CHRIS JAME S LISTEN NOW > C OMMERCIAL & RE SIDENTIAL RE AL E STATE INVE STING

What many thought was a crazy purchase turned out to be a massively lucrative investment. If you are considering purchasing a real investment property fill out the submission form below to have one of real estate advisors contact you. Our experts are versed in commercial and residential investment properties all over the nation. Whether looking to acquire a property of sell one and get a tax deferment we can help advise on the transaction.

In this week’s EdZone, Ed Kaminsky of Kaminsky Real Estate Group interviews investment real estate expert Chris James. Chris has found great success in the South Bay real estate market with investments in commercial real estate and residential homes. Currently working with Manhattan West Asset Management focusing on the bigger picture of RE SIDENTIAL RE AL E STATE INVE STING wealth management. By integrating more verticals, such as luxury homes and commercial properties, into liquid investment portfolios has generated Also, in this podcast Chris dives into luxury homes, where massive returns returns on their investments. on your capital can be realized. With a focus on strong coastal markets that

hold value the company has been finding older and unfinished houses for Ed Kaminsky and Chris James came to meet through a rather bold real remodeling and flipping, view Palos Verdes homes to see some of the prices estate acquisition at auction. Chris purchased a commercial real estate Chris and his company are achieving. Chris has recently entrusted Ed & property totaling around 320,000sqft with dismal occupancy rates. Kaminsky Real Estate group to put a Manhattan Beach home for sale, a funky Kaminsky was a tenant of the building while waiting for construction of Santa Fe style home that didn’t fit in the Manhattan Beach real estate market. his recent commercial space to complete, the future home of SportStar The construction and marketing of preliminary design plans has lead to offers Relocation and Kaminsky Real Estate Group. Ed was in awe of what Chrisbefore the home has even hit the market, let alone start construction. Please James’ company paid for the building. As Chris will tell you, this asset wasbe sure to follow the EdZone to get updates on more Real Estate advice and the perfect storm for a real estate investment acquisition in the thriving News. Manhattan Beach real estate market.

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88 GREENWICH STREE T AP T 1103 MANHAT TAN, NY 1 BED / 1 BATH / 816 S Q F T / C ONDO OFFERED AT $1,150,000 “Being perched high and looking into NY Harbor never gets old. The views of the Verrazzano Bridge, the ferries and occasional helicopter are mesmerizing, and you see them from the kitchen as well as the living room. Amazing! The flexible layout of this incredible home is perfect if you work from a home office, want a separate man-cave or den, need an infant’s room or would like a separate guest room. All of the rooms’ dimensions are squareish, making them feel especially big and airy. The high beamed ceilings, big windows, and fabulous southern and western light contribute to the home’s spaciousness. The kitchen and bathroom finishes are beautiful, the wood floors are in wonderful condition and the closets are large and built out. You might still be able to smell the fresh paint; this home is simply begging for its new owner to step up and move in.

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MICHAEL SHAP OT

(6 46) 683-432 1 / MICHAEL . SHAP OT@C OMPA S S .C OM

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4931 E C ALLE DEL NORTE | PAR ADISE VALLE Y, A Z 4 BED / 6 FULL BATH / 1 HALF BATH / 6, 251 S Q F T / 2 6,930 S Q F T OFFERED AT $4,195,000 If homes could tell a story, this one would speak of joyous family gatherings, a house full of laughter, and design that is meant to bring a smile to the face of everyone who enters. From the moment you arrive at this impressive residence you will be struck by its custom flair and surprisingly fresh elements. The unique finishes will leave you asking whose creative mind is behind this eclectic showpiece. Each and every room is loaded with character including a spectacular island kitchen, multiple living rooms and dining areas, a loft that doubles as a chic billiards room, a sleek home office, and dream worthy bedrooms, including a master retreat that is absolutely exquisite.

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TED PE TER SEN

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1901 GLENHILL ROAD | MENDOTA HEIGHT S, MN

7 15 S . JUANITA AVE | REDONDO BE ACH, C A

3 BED / 3 BATH / 4,10 7 S Q F T

5 BED / 5 BATH / 4, 800 S Q F T / 6,614 S Q F T LOT

OFFERED AT $975,000

OFFERED AT $16,00/MO

Wonderfully restored 1927 home. Fall in love with the old world charm and character of this meticulously maintained and thoughtfully updated home. Chalk full of history and unique features. Extensive use of stone and massive hand carved doors. Outdoor space is incredible. Location!

FULL CONCIERGE RENTAL : Dont miss an exceptional chance to reside in

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BR AD SMITH

(651) 755-5232 / BR AD@BR AD SMITHRE ALE STATE .C OM

one of the most architecturally stunning homes in south bay. Built in 2016 and situated minutes from the pacific ocean in Redondo Beach, this palatial four story, 4800 sq ft home comes complete with 5 bedrooms. All are luxuriously designed with hotel like amenities, including walk-in closets, en-suite bathrooms & much more. Make your culinary dreams come true in this state of the art of the kitchen fully equipped with Thermador appliances and waterfall kitchen island. Entertain to your hearts content, with an exquisitely designed open floor plan, separate family and living rooms and backyard including swimming pool and BBQ area. Why battle la traffic when you can work effortlessly from home, especially, when you have 2 office designs, to pick from. Other spectacular features include 30-foot ceilings with cascading chandeliers, custom made mahogany staircases and stunning stone walls. Wake up every day to breathtaking views of south bay from any one of the 6 balconies. Conveniently located... this home is just minutes from some of the most prestigious public schools in California, steps away from sumptuous restaurants and phenomenal shopping opportunities.

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ED KAMINSKY

(310) 42 7-2414 / EK@IT Z S OLD.C OM INFO@SP ORT STARRELOC ATION.C OM

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SPACE NEEDLE , MEE T LORD STANLE Y: SE AT TLE IS GE T TING IT S OWN NHL TE AM C OLIN DWYER

DE CEMBER 5, 20186:51 AM E T Believe it or not, Seattle already has its place etched in ice hockey history. Once home to the erstwhile Metropolitans, the city was the first ever in the U.S. to hoist a Stanley Cup — though, since that feat was achieved in 1917, it’s unlikely more than a few people living today (if any) were actually around to see it. Now, nearly a century after the Metropolitans folded, Seattle natives will finally get a chance to see a band of hometown heroes pursue Lord Stanley’s legendary trophy again. On Tuesday, the NHL’s Board of Governors announced that it had unanimously approved the city’s bid to become the league’s 32nd active franchise. The expansion team will get to take the ice for the first time in 2021. “Seattle, the NHL is thrilled to welcome you,” league Commissioner Gary Bettman said at a news conference. “I know, obviously, that those words are the words that the passionate and patient fans in Seattle have longed to hear. So today is a day of celebration, in a great city that adores and avidly supports its sports teams.”

The announcement caps years of speculation that the Northwest city would be getting a team of its own — speculation that only picked up steam around this time last year, when the league agreed to consider an application from a group headlined by Hollywood megaproducer Jerry Bruckheimer and investment banker David Bonderman.

existence. Before Vegas’ storybook season, it had been decades before an expansion team had even made the playoffs in its inaugural year. And though Vegas ultimately lost to the Washington Capitals, the team first got to scare the living daylights out of bookies who had underestimated them back home on the Strip.

It appears that the group’s success will not come cheap, though.

Seattle probably shouldn’t count on, or even dream of, repeating that kind of historic success in its inaugural season. Still fans — and some players — daydream about a possible mascot and uniforms, neither of which has been finalized yet.

The new owners committed to a massive renovation of the arena proposed as the team’s home rink, a project costing on the order of hundreds of millions of dollars. The City Council approved the plans earlier this year, and builders expect to break ground on the project Wednesday. “The expansion fee for the Seattle franchise is $600 million, as has been widely reported,” Bettman said, “and when you include the cost of reimagining and building Seattle Center Arena, this is a transaction with a value of approximately $1.4 billion.” The Seattle franchise will hope to follow closely in the footsteps of another expansion team, the Vegas Golden Knights, which achieved a minor miracle on ice last year. The club defied every reasonable expectation by making the Stanley Cup Final in its first year of

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ESPN notes that the Oak View Group, which is linked with Seattle’s new ownership group, has already applied for a number of domains, which may offer clues to potential mascots. They range from the Seattle Kraken to the Seattle Sockeyes. Also on that list: the Seattle Totems, a throwback to another former professional hockey team to play in the city. The new franchise probably would do better to follow the example of the Stanley Cup-winning Metropolitans than the star-crossed Totems, though. After the team played for years in the minor leagues, the NHL offered the Totems an official expansion bid to jump to the majors in the 1970s — only to revoke the offer when the team’s owners couldn’t make its payments.


424 2ND STREE T | MANHAT TAN BE ACH, C A 4 BED / 4 FULL BATH / 2 HALF BATH / 4, 200 S Q F T / 2 , 708 S Q F T LOT OFFERED AT $4,695,000 Designed by local architect Louis Tomaro,and custom built by the current owner, this beautifully detailed ‘East Hampton’ style home is in one of the most coveted Sand Section locations in Manhattan Beach. Spread over 4,300 sq. ft. , this home enjoys 4 bedrooms, 6 full bathrooms (4 full & 2 half baths) with views of the Manhattan Hill Section from the top floor. French White Oak distressed floors and custom “U” groove paneling carry throughout. Hosting a dinner party? The gorgeous chefs kitchen is an entertainers delight with a large Statuary Calcutta marble island and back splash, top-of-the-line Wolf and Sub Zero appliances including a 48” stove and double refrigerators, freezers and dishwashers. The master bedroom is the perfect retreat with American Mist Granite fireplace, Perrin & Rowe fixtures and an en-suite bath with his and her vanities. Downstairs, relax in a functional media room including wet bar, refrigerator and a cozy fireplace. Sliding glass doors open to an outside patio. 424 2nd Street is just a short walk to the beach and downtown Manhattan’s incredible restaurants and boutiques. For families with young children, the award-winning Robinson Elementary School is also just a few blocks away. By far one of the best values for a newer home in Sand Section today.

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ED KAMINSKY

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4600 MERITAGE C OURT | GILROY, C A 5 BED / 4 FULL BATH / 1 HALF BATH / 4, 708 S Q F T / 2 6 ACRE LOT OFFERED AT $3.900,000 Meritage Estates is an exclusive community of only 18 estates. This Worldclass Mediterranean property offers a balance between Hollywood-style luxury and a rustic, Montana-style ranch. A rural retreat on over 25+ acres of pristine, mostly flat land currently enjoyed by grazing cattle. The estate includes an exquisite main residence and multiple detached structures for 10,000+ sq. ft. under roof possibilities. There are enough parking spaces in multiple garages for a dozen cars. This property can cater to your equestrian or outdoor enthusiasts, wine vintners, car collectors, or fitness enthusiasts to name a few. Too many amenities to list: Main home: 5bd/4.5 ba 5,000 sq. ft; Pool and 18-person spa; Outoor kitchen with pizza oven; Sports Ct; Bocce Ball Ct; Large Dog Run; Lookout point; Full video surveillance security system; $100,000 owned solar system for guilt free energy production on entire property; Laundry rm w/2 sets of washers/dryers, etc.; 1 acre chardonnay vines; etc.

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SE AN SPANEK

(408) 891-8606 / SE AN@SPANEKRE .C OM INFO@SP ORT STARRELOC ATION.C OM

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INSIDER TIP S ON THE S AN FR ANCIS C O / BAY ARE A HOUSING MARKE T LISTEN NOW > NOVEMBER 28, 2018 FINDING THE BE ST RE AL E STATE IN THE S AN FR ANCIS C O BAY ARE A WITH SE AN SPANEK SportStar Relocation’s San Francisco representative Sean Spanek of Spanek Real Estate has helped professional athletes from the San Francisco Giants, San Jose Sharks, Golden State Warriors, the Oakland Raiders, and some of the biggest names in San Francisco’s technology industry purchase and sell real estate. In arguably one of the hottest, and highest priced, markets in the country, knowing where to purchase can lead to massive appreciation of your property and value for your dollar. Tune into this weeks podcast for Sean Spanek’s insider tips on the hottest neighborhoods in the Bay Area!

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10548 BROADL AND PA S S | TAMPA BAY, FL 4 BED / 4 FULL BATH / 1 HALF BATH / 4, 361 S Q F T / 148,104 S Q F T LOT

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MARIA HOFFMAN

(813) 90 7-2555 / MARIAHOFFMAN@VERIZON.NE T

OFFERED AT $839,900

RARE FIND! This incredible BARTLETT CUSTOM BUILT LUXURY HOME sits on 3+ private acres! Past the inviting front porch, the interior features hardwood floors & unique architectural details including a FIRST FLOOR GUEST SUITE, w/separate living quarters containing kitchenette & private exit to the pool. It shares a walk-through pantry that leads to the main kitchen. The stunning main kitchen includes upgraded appliances, gas range w/pot-filler and staggered cabinetry. It is open to the family room which offers French doors that lead out to the covered patio and fenced-in pool & spa. Back inside, walk upstairs & see if you can find the SECRET PASSAGEWAY leading to a guestroom w/en suite. Master Suite w/gas fireplace, sitting area, bar & outdoor balcony overlooking pool! Spa-like Master Bathroom w/separate vanities, garden tub, & SHOWER WITH STEAMER! Upstairs also has a bonus room w/included wall-mounted flat screen TV, and office with built-in Murphy bed! Custom touches include beautiful crown molding & outlets in window sills, TONS OF STORAGE, Goalzilla basketball hoop, two corrals and much more! STONELAKE RANCH offers a Lakeside Lodge clubhouse with fitness center and is a 685-acre equestrian community on ski LAKE THONOTOSASSA with BOAT LAUNCH & MANNED GATEHOUSE & only minutes to I-75 & I-4, TAMPA & close to beaches & Orlando Attractions!

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8600 AVENIDA DEL S OL | PAR ADISE VALLE Y, A Z 5 BED / 4.5 BATH / 5, 2 78 S Q F T / 43, 331 S Q F T LOT OFFERED AT $2 ,595,000 If you’ve been looking for style, great taste, an exquisite setting, and a perfect location, your search has just ended. This beautiful home has room after room of meticulous design and highly impressive finishes. It perfectly combines sleek elements with warm accents creating an environment so beautiful, you’ll be planning parties and holiday celebrations from the minute you arrive. It will be tough to pick your favorite space. Possibly the exquisite kitchen or the phenomenal great room, or maybe the ethereal master retreat. Even the laundry room is gorgeous. Whether entertaining inside or out, the setting is perfect. Sitting on an acre lot and framed by exquisite mountain views, this home is very special!

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14008 DE ARBORN STREE T OVERL AND PARK , K S 4 BED / 3.1 BATH / 4, 7 75 S Q F T.35 ACRE LOT OFFERED AT $700,000

620 WENT WORTH AVENUE MENDOTA HEIGHT S MN 4 BED / 4 BATH / 6, 819 S Q F T OFFERED AT $1,500,000 Country living in the city. 5+ acres and 6800+ sq ft gorgeous home. Unbelievable attention to detail – breathtaking views every room. LOCATION** minutes to Viking training center and MSP airport. And a BARN!! Imagine the possibilities.

One owner. This 2-story was custom built with solid core doors and no connecting Bedroom walls. Heated floor in Master Bath. Built-in dressers in bedroom closets. Connecting Kitchen and Great Room are perfect for entertaining. Beautiful Office with cherry wood wainscoting, cabinetry and walk-in closet for printer and supplies. Formal Dining Room with built-in buffet. Large concrete stamped deck that connects to concrete stamped patio is surrounded by a garden oasis and outdoor speaker system. Finished walk-out basement and storage galore, including a walk in cedar closet. Two new HVACs, 7 year old roof, a new water heater, all new smoke detectors and many other newer appliances. Located across the street from the neighborhood pocket park in the Links of Lionsgate, and access to the Nicklaus Golf Club.

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(651) 755-5232 / BR AD@BR AD SMITHRE ALE STATE .C OM

(913) 259-4663 / DAVID@THE VANNOYGROUP.C OM

BR AD SMITH

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DAVID VAN NOY (800) 46 4-RELO


INTRODUCING THE NE WE ST WORLD-CL A S S LUXURY RE S ORT RE SIDENCE S ON IC ONIC SE VEN MILE BE ACH. REMARKABLE VALUE . PREMIUM LUXURY. LIMITED OPP ORTUNIT Y.

Grand Hyatt Grand Cayman Residences bring a new real estate ownership opportunity to Grand Cayman’s iconic Seven Mile Beach. Sophisticated architectural design, a rich array of indoor and outdoor amenities, a tempting selection of restaurants, and inviting swimming pools — including an “in-ocean” lagoon pool — all come together with Grand Hyatt premium services.

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SE AN SPANEK

(408) 891-8606 SE AN@SPANEKRE .C OM

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3203 VISTA DRIVE | MANHAT TAN BE ACH, C A

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UNDER C ONSTRUC TION / 5 BED / 4 BATH / 3,178 S Q F T / 1, 751 S Q F T LOT

ED KAMINSKY

(310) 42 7-2414 / EK@IT Z S OLD.C OM

OFFERED AT $5,499,000 • • • • • • • • • • •

Spectacular Ocean View Located in the sought-after Sand Section Contemporary Design by Envirotechno Architects - Luis DeMorais Open Floor Plan on Upper Level Seamless Outdoor Spaces Great Room Basement Captivating Floating Staircase suspended over entrance Modern Kitchen with Acrylic Finishes & Handle-free Cabinetry Design Thermador Appliances Dishwasher with Custom Fitted Cabinet Front Panel Stunning Master Suite with Grand Master Bath and Private Balcony

• • • • • • • • • •

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Powder Room Laundry Room Firepit Elevator with Access to All 4 Levels Game Room, Wine Bar & Wine Cellar 3-Car Garage Landscaped Short Walk to Local Restaurants Just Blocks from the Beach Near the Award-Winning Schools

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2 6 BE AVER STREE T AP T PH | MANHAT TAN, NY BED / 2 BATH OFFERED AT $1,995,000 This penthouse jewel in the crown is an urban oasis in the heart of the Financial District, with the look and feel of a house. It is a one-of-a-kind loft, just blocks from Wall Street, the Seaport, the World Trade Center, The Battery, convenience shopping, destination shopping, clubs and restaurants- both upscale and casual. The boutique and intimate building offers unmatched privacy where virtually all homes are full floor apartments. And value? With a price per square foot of just $733 and Monthly Maintenance of just $1.58 psf, you get one of the best values in FiDi! You enter this multi-level beauty up a flight of stairs to your own, private vestibule. Your immediate reaction will be OMG as you gaze through the dramatic entry foyer and open staircase, and you’ll be wowed by the gorgeous natural light and double height ceilings. The expansive Great Room offers generous space for dining, entertaining and grand piano playing. The 14 foot ceilings, numerous window sills and fabulous built-ins offer plenty of space to display art and collectibles. The open kitchen is a chef’s dream, and there is a narrow wrap around private terrace, a perfect escape for a vape, growing potted herbs and marveling at the surrounding skyline. A bedroom and bathroom complete the downstairs, and upstairs boasts a master with an en-suite bathroom and an office that could be transformed into a third bedroom. Additional features include skylights, unbeatable storage and total silence from the outside. Whether you think of it as a house, loft or coop apartment, this amazing property is an ideal home. Make it yours!

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MICHAEL SHAP OT

(6 46) 683-432 1 / MICHAEL . SHAP OT@C OMPA S S .C OM

INFO@SP ORT STARRELOC ATION.C OM

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JE T SMARTER M A K E F LY I N G F U N A G A I N Book private charters, free seats on shared flights, and spontaneous getaways in seconds right from our app.

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Purchase of membership is required. JetSmarter may offer a number of programs, including single-entity charters, for which JetSmarter will act solely as your agent, and Public Charters, for which JetSmarter will act as principal for buying and reselling transportation under rules contained in 14 CFR 380. JetSmarter does not own or operate any aircraſt. All flights are performed by FAA licensed and DOT registered air carriers.

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WHICH ATHLE TE WANT S TO BUY YOUR HOME? CLICK HERE TO ENTER YOUR ADDRE S S AND FIND OUT IF YOUR HOME IS FIT FOR AN ATHLE TE

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VOLUME 3, NUMBER 9 / DE CEMBER 2018

The LineUp | December 2018 | SportStar Relocation  
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