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The company was founded by brothers Amir, Eskandar, and Fraydun Manocherian, who came from a well‐to‐do Iranian family and immigrated to the United States in the 1930s. [1] [8] In 2012, a subsidiary of the company acquired the Bond Building in Washington, D.C. for $22 million. [9]
In April 2016, Pan Am Equities sold 6 multifamily rental buildings in the East Village to The Lightstone Group for $127 million. [ 6 ] In 2019 the firm announced the Glassell Park project, a 419-unit apartment complex located at the entrance of the new Bowtie State Park along the Los Angeles River .
He quit his job in 1983 to serve as the manager of the family real estate portfolio. [3] He was the owner of the St. Louis Blues, a member of the National Hockey League which he acquired for US$153 million, from 1999 to 2011. [4] He was also the owner of the Savvis Center in St. Louis, Missouri. [4]
The Southern Real Estate and Financial Company owns commercial properties in St. Louis and St. Louis County, including a handful of office buildings; the land at Kiener Plaza, which is leased long-term to the city of St. Louis; and several shopping centers: the Market Place and Clayprice Shopping Center in Ladue and the Shops at Clarkson Corner ...
His niece, Ellen (daughter of Manouchehr Manocherian), is married to real estate investor and landlord Kamran Hakim. [19] His son Greg, was an executive producer for the 1989 film That's Adequate ; and co-produced and co-wrote the script for the 1997 independent film Hudson River Blues with his mother.
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Joseph Sitt (1964–), real estate investor, founder of Thor Equities and plus size women's clothing company Ashley Stewart, Inc. [10] [21] [24] Albert H. Small (1925–2021), real estate developer and philanthropist [153] Charles Smith (1901–1995), Russian-born D.C.-based developer and founder of Charles E. Smith Co.; member of the Smith ...
When Pan Am declared bankruptcy in early 1991 and was forced to sell its New York hub to Delta Air Lines, Pan Am Express continued to operate the northeast regional system and the Miami system for Pan Am until the brand was shut down together with its parent on December 4, 1991. On that date, Ransome / Pan Am Express was sold to Trans World ...
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