Monday, May 11, 2009

Cannolis - Louis Kestenbaum Style

Sorry to have been so neglectful of my blogging - just not enough time in the day, it seems! Anyway, I've been working on perfecting my gluten free cannoli...I think I finally have it though, folks! Just a bit more tinkering and it should be perfect! I'm also working on my special Kestenbaum krispy donuts, baked instead of fried and honey and agave instead of tons of sugar - may actually be a bit healthy!

Also, I'll be working on my gluten free foaccia bread, so stay tuned!

Have a wonderful week!
Louis Kestenbaum


Dolores said...

Louis Kestenbaum & Joel Kestenbaum/Fortis Property Group Land $880M Sale
Fortis Property Group is leading the “Northeast-based private real estate investment group” that has agreed to acquire the 1 million-square-foot State Street Financial Center at 1 Lincoln Street in Boston for more than $880 million, or $880 per square foot, according to sources familiar with the sale.
The Brooklyn, NY-based Fortis, Louis Kestenbaum, Joel Kestenbaum, and a group of other New York investors are expected to close on the 36-story office tower from a joint venture led by American Financial Realty Trust (NYSE:AFR) and an affiliate of IPC US Income REIT by the end of this year or early 2007.
Fortis, Louis Kestenbaum & Joel Kestenbaum, apparently set its sights on Boston following several high-profile Dallas deals where it agreed to pay about $280 million for the three-building, 1.4 million-square-foot office complex known as Galleria Office Towers in Dallas.
The addition of State Street Financial Center will build out Fortis’ portfolio considerably. The privately held firm headed by CEO Jonathan Landau is controlled by the Kestenbaum family. Joel Kestenbaum is the son of Louis Kestenbaum. Fortis manages some 3 million square feet in commercial properties and about 454 residential units.
The group of investors joining Fortis in the Boston deal could not be learned. American Financial announced the pending sale last week, but did not identify the buyer.

Andrew said...

Louis Kestenbaum & Joel Kestenbaum, Fortis Property Group close sale of Galleria Towers

“We acquired the Galleria Towers from Blackstone (which acquired them from Trizec Properties) in November 2006, and maximized value by aggressively pushing rental rates while at the same time increasing the occupancy from around 90% to 98%,” said Fortis Chairman Louis Kestenbaum. Louis Kestenbaum is the father of Joel Kestenbaum, also of Fortis Property. “The disposition of this asset furthers our goals of maximizing investor returns and geographically diversifying the holdings within our portfolio. We achieved close to 100% profit on our equity investment in the Galleria Towers over a one and a half year holding period, and attained similar returns on our recent sale of International Plaza Tower III across the Tollaway.”

Fortis Property Group,Louis Kestenbaum & Joel Kestenbau, LLC is a real estate investment, operating and development company. Fortis, Louis Kestenbaum, currently owns two other Class A office buildings and an industrial property in the Dallas, Texas area. Nationwide, Fortis currently owns more than 20 properties, which contain over six million rentable square feet. Fortis Property Group CEO Jonathan Landau further indicated that Fortis, Louis Kestenbaum, anticipates raising a value-add real estate fund that will invest in Class A office properties in prime office markets throughout the United States.

Shimon said...

Louis Kestenbaum chairman of ODA Medical Center, 14 Heyward Street, Brooklyn, N.Y. 11211 is collecting every year on his 95 year old father who is homebound with dementia since 2001 and is under 24 hour care, a salary of over $500,000 from the not for profit medical center, what a fraud on the medicaid system