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With this launch, Teles begins its global expansion. Now that investors are returning to property investment, Teles is committed to strengthening its position as the leading real estate boutique in Los Angeles and Orange County as well as connecting with international buyers. The West Coast has long been a strong market for Asian and Pacific Rim investors, but it is increasingly becoming a draw for buyers from Europe, the Middle East, Africa and India…

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Press Release

Beverly Hills, Ca.

June 28, 2010

Teles Properties Announces New CEO

Peter Loewy takes the helm of the dynamic Southern California real estate boutique

Teles Properties’ Board of Directors is delighted to announce that Peter Loewy, our General Counsel and member of our Board of Directors, has accepted the position of Chief Executive Officer and Chairman of the Board for Teles Properties.

Peter has been with Teles Properties for approximately two years, assisting the Board in scaling the company and streamlining operations as well as overseeing our Corporate Legal Affairs.

Peter’s background is broad and diverse, and he is able to provide experience and expertise at many levels.

• At the law offices of Fragomen Del Rey Bernsen and Loewy LLP, Peter managed a number of the firm’s offices across the United States and led its global expansion to eventual placement among the American Lawyer Top 200 law firms. His role culminated with his tenure as Managing Partner of the U.S. firm, scaling what was a one-office law firm in Manhattan into an international legal powerhouse with 35 offices in 15 countries around the globe.
• He also has been a Director of TechVentures Capital, a venture capital firm headquartered in San Diego, and is currently involved in managing one of its remaining portfolio companies.
• As a real estate developer, he has worked with agents and brokerage firms in Southern California, Northern California, Lake Tahoe and the Central Coast.
• As Managing Director of real estate development company Lowy Armstrong LLC, Peter Loewy directed projects across California for over 20 years. During his tenure, the firm acquired and managed diverse real estate investments, including commercial and residential leaseholds, high-end residential development and renovation projects, and larger scale housing projects. Peter is currently involved in several projects, including an 8-house subdivision in Pacific Grove.

Peter has been involved in real estate development, venture capital, and law firm and corporate management, and is ideally suited to take Teles to our next level of success His hobbies include tennis and squash, which he has taught at the professional level. He also dabbles in producing olive oil and wine.

Peter Loewy

peter.loewy@telesproperties.com

www.telesproperties.com

Media Contact

Domain LLC

Susan Pekich

310.738.2298

teles@domain-la.com

June 2010

Newport Beach, Ca.

Teles Properties Presents – Mike McKibben, Newport Beach Native

A third-generation native of Newport Beach who was raised on Balboa Island, Mike McKibben is eager to share his affection for and knowledge of the area.  “Everybody knows coastal Orange County is beautiful, but the things that people can’t see—like school districts and community involvement—are equally important,” Mike says.  “They are what truly make a neighborhood special, and I know how valuable that information is to my clients.”

Mike launched his real estate career in 2003 at one of the region’s top real estate firms. He stays true to his roots by focusing primarily on high-end coastal properties that stretch from Newport Beach to Laguna Beach, as well as Eastside Costa Mesa, Shady Canyon, and southern Orange County.

Mike has represented both buyers and sellers in nearly every city in coastal Orange County. He is one of the few Realtors in the region to hold the coveted SFR designation, the only short sale certification recognized by the National Association of Realtors.

Mike McKibben

Teles Properties

949.422.3831

mike.mckibben@telesproperties.com

www.telesproperties.com

Media Contact

Domain LLC

Susan Pekich

310.738.2298

teles@domain-la.com

June 2010

Newport Beach, Ca.

Teles Properties Presents Brian Backstrom—Success to a tee

A passion for architecture, an enduring affection for the Newport Coast and a flair for client service have propelled Brian Backstrom into his current position as one of Orange County’s most respected and successful real estate professionals.

Specializing in Shady Canyon, Newport Coast, Crystal Cove and Newport Beach, Brian started buying and selling his own homes. One of his first sales in Pelican Crest, a high-end community in Newport Coast, inspired him to shift careers from the high-tech industry into residential home sales nearly a decade ago. Since then Brian has built an impressive roster of repeat and referral clients as well as award-winning sales.

“Teles Properties is designed to forge a dynamic partnership between client, agent and company,” says Peter Hernandez, President and COO. “Our goal is to be exceptional in every phase of the home-selling process. With the addition of Brian Backstrom, we feel we are one step closer to reaching our goal. Brian is a dynamic, positive, driven agent whose accomplishments speak for themselves. Teles’s own technologically minded business model, from paperless transactions to extensive Internet marketing solutions, provide a wealth of support and allow Brian to provide the highest level of service in the industry.”

Brian and his wife, who are avid golfers, live with their three children in Shady Canyon. “We feel that we are early pioneers in this fabulous community,” he says. “We love the open space and young families. We have made so many friends and long-lasting relationships and look forward to spending many more years here.”

Brian Backstrom
949.677.7108

Brian.Backstrom@TelesProperties.com

www.telesproperties.com

Media Contact

Domain LLC

Susan Pekich

310.738.2298

susan@domain-la.com

May 2010

Beverly Hills, Ca.

Teles Properties Presents

Lynn H. Yang— Reading the Fine Print

A skilled negotiator with a detailed knowledge of properties throughout the Westside and San Fernando Valley, Lynn H. Yang has experience with multimillion-dollar estates and first-time homebuyers.  With each of her transactions, she puts that knowledge to work, earning the trust and loyalty of the sellers and buyers she represents.

A Los Angeles native, Lynn graduated from California State University, Northridge, with a degree in finance and moved to Santa Monica to work for a financial institution for five years prior to entering real estate.  “It’s so important that buyers and sellers understand the terms and all the fine print before they sign a contract,” Lynn says. “My background in finance is very helpful.”

A Malibu homeowner and a true professional in the highly competitive Southern California marketplace, Lynn Yang is highly regarded among her clients and peers for her integrity, strong work ethic, attention to detail and singular commitment to each of her clients.

Teles Properties

Lynn.Yang@TelesProperties.com

424.203.1865

http://www.telesproperties.com

MEDIA REQUESTS

SUSAN PEKICH

DOMAIN LLC

310.738.2298

teles@domain-la.com

May 2010

Brentwood, CA

Teles Properties Presents

Solo Scott—Dynamics and Details

As a lifelong resident of the Westside of Los Angeles, Solo Scott is a real estate professional whose area of expertise is also his home. “I love the Westside,” he says, “and helping my clients find their special niche in this area is what my business is all about. That means knowing neighborhoods and up-to-the-minute values, and it also means actively promoting my clients’ properties through an extensive personal network.”

Solo Scott’s many repeat clients respect his attention to detail. “Every single thing matters in a real estate transaction,” Scott says. “Clients invest financially, of course, but they also invest their dreams and their future. It’s important that I understand their needs and then manage the details so that my clients get rewarding results.”

A pioneering skateboarder and a former professional surfer born and raised in Venice Beach, Scott applies an athlete’s dedication to his real estate business. He has unrivaled familiarity with the Westside’s coastal communities from Malibu to Marina del Rey, and he shares his passion and expertise with first-time home buyers and experienced investors alike.

At Teles Properties Brentwood, Scott and his team provide superior technical resources and marketing capabilities in an extremely competitive market. “My clients know I’m here for them for the long term, whatever the market condition, whatever their real estate needs.”

Teles Properties

solo.scott@telesproperties.com

424.203.1867

http://www.telesproperties.com

MEDIA REQUESTS

SUSAN PEKICH

DOMAIN LLC

310.738.2298

teles@domain-la.com

Moby, as DJ and singer-songwriter Richard Melville Hall is known, has purchased Wolf’s Lair, a Hollywood Hills castle-like fortress with views of downtown, Griffith Park, the Hollywood sign and the ocean, for $3.925 million.

The sellers are Lionsgate Entertainment’s Jay Faires and Debbie Matenopoulos, former co-host of “The View” (1997-99).

Wolf’s Lair was built in 1927 by Hollywoodland developer L. Milton Wolf. Moby, who will be moving from the East Coast, plans to restore the property in keeping with its period charm. Details include coffered ceilings, stenciled beams, linenfold paneling, turrets and gable windows.

The eight-bedroom, 51/2-bathroom main house, guesthouse and pool house apartment have a total of about 6,500 square feet of living space. The structures sit on 3.3 acres, walled and gated, above Lake Hollywood. The black-bottom swimming pool is shaped like a heart, and the pool terrace has a pergola-covered seating area. The two-bedroom guesthouse was designed by architect John Lautner.

Moby, 44, has seen his 1999 electronica album, “Play,” sell more than 10 million copies worldwide.

Faires, 47, is president of music at Lionsgate and founder of Mammoth Records. The buyer and sellers are acquainted. Moby has recorded in the home’s living room in the past.

Television host Matenopoulos, 35, also did a stint on “Good Day Live” (2001) and the E! Entertainment celebrity gossip series “The Daily 10″ (2006).

The property had been on and off the market since May 2008, when it was priced at $7.5 million. It had been most recently listed at $4,295,000.

The listing agents were Ernie Carswell and Christopher Pickett of Teles Properties, Beverly Hills. Nancy Osborne of Pardee Properties, Marina del Rey, represented Moby.

//

lauren.beale@latimes.com

Copyright © 2010, The Los Angeles Times

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Born in Philadelphia, raised in Phoenix and a graduate of Tulane University in New Orleans, Jenna has a keen eye for individual style and the unique qualities of regional architecture. She and her husband have restored numerous houses in Hancock Park. “I strongly believe in respecting the architectural integrity of each property,” she says.

Jenna also knows that her clients’ demanding schedules mean that she must make efficient use of their time. “Nobody has time to waste,” she says. “My goal is to streamline the transaction so that every detail is handled with the least disruption. A big part of that is listening—understanding from the beginning what the client wants and making sure that the results are always pointed toward that goal.”

A strong advocate for her clients’ interests and a tough negotiator, Jenna has earned the respect of her professional colleagues and her many repeat and referral clients.

The contemporary home in the private community of Irvine Cove has five bedrooms, 6 1/2 bathrooms and panoramic ocean views.

By Scott Marshutz

April 18, 2010

Art and architecture blend seamlessly in this contemporary Laguna Beach home in the private community of Irvine Cove.

A heavily detailed three-quarter-inch layer of French limestone encloses the steel-framed structure, creating the illusion that it’s one, monolithic column of limestone.

On both sides of the main entry, curved glass panels are accented with rivets. A bridge leading from the entrance to the great room crosses over the atrium.

Inside the gallery-styled great room, an art wall features a sculptured circular black brick fireplace with stainless steel trim.

“Every element of the house is done very artfully,” says Newport Beach architect Christian Light. “My clients were interested in making sure it wasn’t going to be just another rectilinear home.”

Adjacent to the kitchen and morning room, a Lolli e Memmoli crystal chandelier hanging over the dining table is another example of a fixture that doubles as a piece of art.

Five columns were strategically placed to support the 9-foot ceiling that vaults to 12 feet for unobstructed panoramic ocean views.

Honed limestone flooring — nearly 5,000 square feet — stretches to the edge of the saltwater pool, which is trimmed in black granite.

The great room and pool patio area are separated by mahogany-framed doors that open to create an indoor-outdoor living space.

The ceiling of the main floor is a 1,500-square-foot skylight that covers the entry, great room, art wall and atrium. It links the front of the house to the back master bedroom and entertainment spaces.

The subterranean level has a large open media room, office/studio, guest suite, spa area and wine cellar.

Copyright © 2010, The Los Angeles Times

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