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Travers' Clients Appreciate Talent With Complex Deals.


JIM Jim

Miss Watson’s runaway slave; Huck’s traveling companion. [Am. Lit.: Huckleberry Finn]

See : Escape
 Travers has a reputation for a hands-on approach, strong negotiating skills, and a head for complex real estate transactions.

Travers has made good use of his knack for face-to-face negotiating, finishing the year with $189.6 million in office tenant leases. His clients include SunAmerica Inc., Trust Co. of the West, Countrywide Home Loans Inc., 20th Century Insurance, Equilon and Kaufman & Broad.

One of Travers' trickiest transactions last year involved keeping the Kaye Scholer Kaye Scholer is a law firm founded in 1917 by Benjamin Kaye and Jacob Scholer. The firm has more than 500 attorneys in eight offices located in the cities of Chicago, Frankfurt, London, Los Angeles, New York (headquarters), Shanghai, Washington, D.C., and West Palm Beach.  Fierman Hays & Handler law firm in its SunAmerica Center offices in Century City for another 10 years, with a lease worth about $30 million. In another big transaction, valued at $10 million, Travers placed Bain & Co. ILFC ILFC International Lease Finance Corporation
ILFC International Lunar Finance Commission (TV show: Space: 1999) 
 in 53,621 square feet of space at 1901 Ave. of the Stars.

Another high-profile deal involved brokering a five-year, $3.8 million lease for 23,000 square feet at 11601 Wilshire Blvd. by Kushner-Locke Co.

Bonita Bonita (Spanish and Portuguese for "beautiful") is the name of:
  • Bonita Magazine, an international men's magazine
  • Bonita, California
  • Bonita, Louisiana
 Kunsman, a senior vice president at SunAmerica Inc., has worked with Travers for years on various transactions, and is impressed by his tenacity. "The only time we ever seem to call Jim is when we have a real challenge. He's so aggressive, he never says no. Also his support staff is so professional -- they are always there and go above and beyond whatever needs to be done."

A native New Yorker, Travers started his career in real estate with the Edward S Edward

killed his father at his mother’s instigation. [Br. Balladry: Edward in Benét, 302]

See : Patricide
. Gordon Co. in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 30 years ago. He came to 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.  in 1973, and in 1979 he started his own real estate brokerage firm representing only tenants -- one of relatively few firms representing solely tenants. Based in downtown L.A., the firm has expanded to four offices, including one in Orange County, with a total of 25 brokers.

While most real estate brokers are finding their business lives completely changed by the onset of technology, Travers admits that he doesn't even have a computer on his desk. Most of his day is spent running around town attending meetings, talking on his cell phone all the way. Travers says he's only in the office about 10 hours a week, and if there is computer work to be done, he has his assistants do it.

Travers was given Douglas Emmett's Broker of the Year Award in 1999. In 1998, he was recognized for "Most Ingenious Lease Transactions" by the Building Owners and Managers Association This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article.  for his 10year commitment to finding new headquarters for 20th Century Insurance in Woodland Hills.

OFFICE TENANT BROKER

Winner

JAMES N. TRAVERS

Travers Realty ONGOR International

Runners Up

MARK SULLIVAN

Julien J. Studley Inc.

MAITHEW MILLER

Cresa Partners
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:real estate broker Jim Travers
Comment:Travers' Clients Appreciate Talent With Complex Deals.(real estate broker Jim Travers)
Author:Gorchov, Jolie
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1U9CA
Date:Mar 13, 2000
Words:434
Previous Article:Ayoob Says Thinking Like An Owner Helps Get Deals.(real estate broker John Ayoob)(Brief Article)
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