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Donald Trump Signs Agreement with Coldwell Banker to Sell Estate Homes in Palos Verdes.


Business Editors/Real Estate Writers

LOS ANGELES--(BUSINESS WIRE)--Jan. 12, 2004

Trump's First California Development Will Include

Luxury Golf and Multimillion-Dollar Homes

Coldwell Banker Residential Brokerage in Greater Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  has announced an agreement with international world-class developer Donald Trump Editing of this page by unregistered or newly registered users is currently disabled due to vandalism.  to market homes in his new luxury development, The Estates at Trump National Golf Club, which is in Rancho Palos Verdes Rancho Pal·os Ver·des  

A city of southern California on a channel of the Pacific Ocean west of Long Beach. Population: 42,100.
.

The 300-acre oceanfront development will feature 36 home sites in its first phase, a luxurious clubhouse and a championship golf course. In addition, there will be walking trails to the beach, a paved bikeway bike·way  
n.
A bicycle lane or path.
 and other amenities consistent with an upscale resort living experience.

"The Estates at Trump National Golf Club will be the finest development on the California coast," said Donald Trump. "With their spectacular ocean views and the best golf course in California, where all 18 holes front on the ocean, these homes are sure to attract the most discerning buyers who are seeking both luxury and privacy. Palos Verdes Palos Verdes is often used to refer to a group of coastal cities on the Palos Verdes Peninsula in the Los Angeles/South Bay area of California. This affluent bedroom community is known for its dramatic views, good schools [1] extensive horse trails [2]  is beautiful and tranquil, and it's just minutes from downtown Los Angeles Downtown Los Angeles is the central business district of Los Angeles, California, located close to the geographic center of the metropolitan area. The sprawling, multi-centered megacity is such that its downtown core is often considered just another district like Hollywood or  and the Hollywood studios."

Robert Foster Robert Foster can refer to:
  • Robert "Bob" Foster, current Mayor of Long Beach, CA
  • Robert Sidney Foster, former governor-general of Fiji
  • Robert Foster, Jamaican track and field athlete
  • Robert Foster, the Lord Chief Justice of England
, senior vice president of Coldwell Banker Residential Brokerage in Greater Los Angeles, formed the team to secure the deal. The team includes Joyce Rey, executive director of Coldwell Banker Previews International, as well as Gary Fleishman, manager of Coldwell Banker Palos Verdes, and senior sales associates Gayle Probst and Allen Scafati.

The Homes

Coldwell Banker will market the first phase of homes in the 85-acre residential development, which will feature 36 home sites, including five lots with estates already designed. Construction will commence in March. A custom-designed home will be built specifically for each site, ensuring that no two homes look alike.

Robert L. Earl, AIA AIA - Application Integration Architecture , Architect and Associates Inc., located in Los Angeles, will be the architect for the initial five homes. Plans call for the five- and six-bedroom homes to feature amenities such as media rooms, wine cellars, billiard bil·liard  
adj.
Of, relating to, or used in billiards.

n.
See carom.

Adj. 1. billiard - of or relating to billiards; "a billiard ball"; "a billiard cue"; "a billiard table"
 rooms, multiple master suites, spa bathrooms and gourmet kitchens.

The Golf Club

The 215-acre Trump National Golf Club - Los Angeles, an 18-hole championship golf course designed by Pete Dye, is scheduled to open in June 2004. Trump is completely rebuilding the existing course to take full advantage of its superb oceanfront setting and natural beauty as the only course in the U.S. featuring ocean views from every hole.

The Clubhouse

The 45,000-square-foot clubhouse is undergoing extensive renovation and is expected to be complete in May. Already featuring two of the highest Zagat-rated restaurants in Los Angeles, a 350-seat grand ballroom for banquets, meetings and social events; a pro shop; elegant locker rooms and an executive board room for conferences, Trump will add a 7,000-square-foot terrace directly overlooking the Pacific Ocean, a luxurious spa and one additional restaurant to rival the top gourmet dining experience in all of Los Angeles.

"We are very enthusiastic about working with Donald Trump to market this prestigious and exclusive project," said Scott Gibson, president and chief operating officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 of Coldwell Banker Residential Brokerage in Greater Los Angeles. "Donald Trump has an outstanding reputation for world-class projects, and The Estates at Trump National Golf Club will be among the finest in California. His expertise, vision and top-notch team will ensure that this project embodies the quintessential Southern California lifestyle, which appeals to affluent people around the globe."

"I am extremely pleased to be joining forces with Southern California's real estate leader, Coldwell Banker Residential Brokerage," Trump said. "Our organizational cultures are a great fit as Coldwell Banker Residential Brokerage prides itself on exceptional client service, careful attention to detail and the highest standards of excellence. Their national and international marketing strength will be of tremendous benefit to this project."

For sales information on The Estates at Trump National Golf Club, please contact Joyce Rey at Coldwell Banker in Beverly Hills: 310-285-7529, or Gayle Probst and Allen Scafati at Coldwell Banker in Palos Verdes: 310-544-0303.

Coldwell Banker Residential Brokerage, Greater Los Angeles Company is the leading residential real estate company in Los Angeles, Santa Barbara, Ventura and Riverside counties, with 54 offices and 3,800 sales associates. More information is available at http://www.cbsocal.com . Coldwell Banker Residential Brokerage is a member of the NRT NRT Nicotine Replacement Therapy
NRT Norm-Referenced Test
NRT near real time
NRT Non-Real-Time
NRT National Response Team
NRT Tokyo, Japan - Narita (Airport Code)
NRT Net Registered Tonnage
 family of companies. NRT Incorporated, the nation's leading residential real estate brokerage company, is a subsidiary of Cendant Corporation (NYSE NYSE

See: New York Stock Exchange
:CD).
COPYRIGHT 2004 Business Wire
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 12, 2004
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