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Newport Beach and Park City Real Estate Advisors
We are a boutique real estate advisory firm based in Newport Beach, California. We represent and advise individuals and companies with real estate transactions in Newport Beach, California and the Park City, Utah area. We utilize our broad based real estate experience, expertise and in-depth understanding of the markets to deliver comprehensive and disciplined services and solutions for the acquisition, disposition, financing and investment in high quality real estate.
Park City May Acquire Bonanza Flats
Park City Record. August 2, 2016
City Hall is considering asking voters in November to approve a $25 million ballot measure that could someday fund the acquisition of a swath of high-altitude acreage in Wasatch County that has long been coveted by developers and conservationists alike, a surprise move that could make Election Day in Park City even more intriguing than it is already expected to be.
Mayor Jack Thomas and the Park City Council on Thursday are scheduled to discuss the possibilities involving approximately 1,400 acres of land known as Bonanza Flats. City Hall has not negotiated an agreement to acquire the land. Officials, though, could put a bond on the ballot to ensure there is voter authorization for the funding if an agreement is reached later.
The land, generally located just south of the Park City limits and downhill from Guardsman Pass, had historically been owned by United Park City Mines. The Talisker corporate family eventually acquired Bonanza Flats and other United Park City Mines assets. The Bonanza Flats acreage was involved in a large foreclosure case against the Talisker corporate family in 2015.
James is a well-respected real estate attorney and seasoned business advisor with a proven track record representing and advising Fortune 500 Companies, developers, national home builders, professional athletes, entertainers and high-profile individuals - including, The Irvine Company, Fidelity National Financial, Q-Logics, Capital Pacific Homes Lyon Homes, Lennar, Home Depot and Sundance Resorts.
James previously served as Corporate Real Estate Counsel for Richmond American Homes, a publicly-traded national home builder and as a corporate real estate attorney with two prominent national law firms: Stradling Yocca Carlson & Rauth and Hatch & Parent (now Brownstein Hyatt Farber Schrek). He is a member of the California, Utah, Colorado and Hawaii State Bar and licensed Real Estate Broker in California, Colorado and Hawaii.
Newport Beach Planning Commission Recommends Denial of Reduced Plan for 150 Newport Center Project
September 2, 2016 - Los Angeles Times
A scaled-down 35-unit condominium and townhome development proposed for Newport Center will move to the Newport Beach City Council with a recommendation for denial from the Planning Commission. After hours of public discussion Thursday night about the 150 Newport Center project, the planning commissioners voted 5-2 to recommend denial. Commissioners Peter Zak and Ray Lawler dissented.
The development, proposed by Newport Center Anacapa Associates LLC, has gone through a series of changes in the past several months at the commission's behest. The developer originally proposed a seven-story, 49-unit building reaching 69 feet tall. However, after its initial meeting with the Planning Commission in July, the company reduced the plan to six stories with 45 units reaching 65 feet.
Then, after a two-hour public discussion at the commission's Aug. 18 meeting where commissioners were unable to come to a consensus about the project's density and height, the developer reduced the planned height of the building to 50 feet in five stories and cut the number of units to 35.
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