What is it about the World Cup that has me glued to my TV? I can’t get enough of soccer, and I’m guessing that 1st Century Bank founder Alan Rothenberg can’t either.
Rothenberg, who has listed a six-bedroom duplex home in Beverly Hills for sale at $2.2 million, is the founder of Major League Soccer and chairman of Premier Partnerships, a sports and entertainment consulting firm in Century City. Premier’s clients include the National Basketball Association, the Los Angeles Clippers, Arrowhead Stadium and the Rose Bowl – and, of course, Major League Soccer.
As the story goes, Rothenberg saw a need for a private bank willing to serve midsize and family businesses, and solicited 450 investors. The offering was oversubscribed by more than 50 percent and $26.4 million in capital was raised to open the 1st Century Bank in 2004. It was the most capital ever raised for a new bank in Los Angeles County. A secondary offering the next year raised an additional $35 million.
Rothenberg, retired from Latham & Watkins, now serves as a commercial arbitrator in business matters. He is president of the city of L.A.’s Board of Airport Commissioners and is a member and past-president of the Los Angeles Convention and Visitors Bureau. He is chairman of the Los Angeles Sports Council and a member of the 2016 Los Angeles Olympic Bid Committee.
He served on the board of the 1999 FIFA Women’s World Cup, and was chairman and chief executive of the 1994 World Cup Organizing Committee. He was president of the United States Soccer Federation from 1990 to 1998.
The 4,136-square-foot Spanish-style house he is selling, believed to be investment property, was built in 1930. Both units in the home were recently remodeled with new kitchens and bathrooms. Each unit has three bedrooms. The upstairs unit has high-beamed ceilings. Both kitchens have tumbled travertine floors and mahogany hardwood floors in the other rooms.
Judi Fogelman of Coldwell Banker-BH North is the listing agent for the home.
Palos Verdes Listing
The founder of BeliefNet.com, the site that bills itself as “your trusted source for free daily inspiration and faith,” may be hoping for a little of both when it comes to the listing of his 2,400-square-foot Palos Verdes Estates home.
Anthony Uphoff has his four-bedroom home on the market at $1.7 million. Uphoff sold the popular BeliefNet website in 2007 to News Corp. and is now chief executive of UBM TechWeb, a Bay Area technology media and professional business information service.
BeliefNet, a social media networking site, features the Belief-O-Matic quiz, chats about faith, movies and entertainment news covered from a family values perspective, and various viewpoints on things in the news.
The four-bedroom home has cathedral ceilings, a beveled glass door, and formal living and dining rooms marked with skylights. There is a chef’s kitchen, limestone floors, and a professionally landscaped yard with a custom-built spa and waterfall, plus a built-in barbecue. The garage is fully finished.
Debbie Allen of Re/Max Palos Verdes has the listing.
Private equity firm dealer Richard K. Roeder and his wife have sold their three-bedroom condo in Westwood that had been listed at $3.35 million. The 3,300-square-foot unit is in a 93-unit high-rise along the Wilshire Corridor.
Roeder joined Vance Street Capital LLC in 2007. He had co-founded Aurora Capital Group and served as its managing director from 1991 to 2007. He is also vice chairman of the Natural History Museum of Los Angeles County and a member of the board of the Music Center of Los Angeles County.
The sold condo was in the 24-story Remington tower, built in 2001. Each unit has private elevator access. The building has a pool, gym and library in the lobby.
Steve Frankel, Coldwell Banker Beverly Hills East office, listed the property. The buyer was represented by Juli Udem of Regent Brokerage Co., according to the MLS.
The Malibu canyon home belonging to an Avery Dennison Corp. vice president and her husband, a Community West Bank executive, has been listed at $1.6 million.
Kim and Don Macauley’s home has huge ocean views and was designed by architect Albert Nicholson. The home is about 3,000 square feet and the deck is more than 1,000 square feet. There are four bedrooms and 3.5 bathrooms, plus Brazilian wood floors, maple cabinetry, a granite fireplace and library.
Kim Macauley is vice president of marketing, information services and brand management at Avery Dennison, a company that had $6.7 billion in sales in 2008 and was ranked 376 on the Fortune 500 list that year for U.S. industrial and service companies. Don Macauley is the senior vice president of Community West Bank.
Amy Alcini of Westside Estate Agency, Malibu, is the listing agent.
Ann Brenoff can be reached at email@example.com.
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