A
p u b l i c a ti o n
of
Re a l t y
W o rl d
I n te rn a ti o na l
an d
i ts
a ffi l i a ted
o ffi c es
R e a l t y Wo r l d L u x u r y
P o r t f o l i o w ww . re al t yw o rl d l u x u r y. c o m
IN THIS ISSUE Travels to Italy Saving Coral Reefs Northern Italian Cuisine F a m i l y O ffi c e s & R e a l E s t a t e
Historic Rubino House
2020/2021 Season
Carysfort Reef Limited Edition
Downtown Burlingame
Oris’s high-performance limited edition diver’s watch is made in support of Coral Restoration Foundation™, an organization bringing change for the better to the world’s oceans
www.oriswatchesusa.com
A
p u b l i c a ti o n
of
Re a l t y
W o rl d
I n te rn a ti o na l
an d
i ts
a ffi l i a ted
o ffi c es
R e a l t y Wo r l d L u x u r y
P o r t f o l i o w ww . re al t yw o rl d l u x u r y. c o m
Index
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Por tfoli o Re al Estate |an inter view with R icha rd C. W ils on o f Familyoffic es. co m
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Por tfoli o Tabl e | au th entic No rth ern I tal ian cu isin e at Paus a ’s in Ca lifo rnia
28 34 40
Portfolio Travel | Summering on the Lago di Garda in Italy
44 48
Por tfoli o Chari ty | from N ew York club promoter to agent of g lob al change
Por tfoli o Restorati on | a watchm aker ’s coral reef cons er vation effort s Por tfoli o Convers ation | water co ol er tal k abo ut to p pro ducti on in real estate
Im print
2020/2021
3
Portfolio | Letter from the COO
Dear Reader, Thank you for your interest: your issue of Realty World Luxury Portfolio magazine gives you a cross-section of the best of our world, the world of real estate. This issue’s theme includes Italy— always a coveted travel destination, and especially during these times of social distancing a projection of desire and dreams. RW Portfolio magazine is complemented by our luxury property website, www.realtyworldluxury.com —it is intended as a resource for you in your search for pre-eminent properties and agents across North America. Along with the separate branding of RW Luxury, only agents who have fulfilled the required training and production may carry the coveted designation of RW Luxury Agent. While all our agents abide by our codes of conduct, only a select few are provisioners of luxury services to the upper echelon of the market, and are supported by a vast network of some 300 offices and over 2,000 Realty World agents. We hope you enjoy this recent edition and get to know us better, and why
Lisa Gerdes Senior Vice President and COO
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High above Riffe Lake: 133 Outlook Lane, Mossyrock, WA 98564 180 degree view of Riffe Lake and the surrounding hillsides, this 3 story custom cabin is one of the most scenic homes of the Northwest. The 3 bedroom has an open floor plan, family room, wrap around deck with spa, separate shop/garage. Located at the end of secure gated community, it is the ultimate retreat.
www.rwcosser.com
We want you to enjoy every article we wrote. Who knows? One day you might be inspired by our content. Every article is a product of hard work & passion that our team always brings towards creating every issue. On behalf of my team, thank you for your continued patronage.
Dave Cosser, Realtor (360) 345-1006 Realty World—Cosser & Associates | rwcosser.com
282 SW 13th Street, Chehalis, WA 98532
Heritage Lane Estates Home: 10052 Waterford Ln, Rancho Cucamonga CA 91737 An elegant storybook dream home, where French doors lead you from graciously laid out living and dining rooms to the patio and backyard. This stately and spacious three bedroom residence affords views of the foothills and majestic Cucamonga Peak.
www.10052Waterford.com
Dan Griffith, Realtor DRE 01234567 (909) 980-8671 Realty World—All Stars | rwallstars.com 9520 19th St., Rancho Cucamonga, CA 91737 | DRE 01073250
LA Bliss: 13138 Arapaho Road, Rancho Cucamonga, CA 91737 Part town, part country, and fully a Southern California dream-home. 5 bedroom home with formal and informal spaces, spacious backyard with patios, gazebos, spa, pool, and trees. Spacious enough to work from home, ideal location for commuting, yet less than 40 minutes from the ski slopes of Mt. Baldy.
www.13138Arapahoroad.com
Dan Griffith, Realtor DRE 01234567 (909) 980-8671 Realty World—All Stars | rwallstars.com 9520 19th St., Rancho Cucamonga, CA 91737 | DRE 01073250
Portfolio | Notes
Distinguished Necessities An old friend of mine has this thing about hand-made leather shoes. He explained to me why he started buying them, though he could barely afford them at the time. His grandfather had taught him to avoid purchasing on price alone. His grandfather’s logic, he
said, was that when shopping on price, one would spend far more, over time, again & again for cheaper goods that were arguably less durable. Instead, his grandfather said, purchase the best at the outset and commit to good care during its considerable life span. Grandpa’s logic is making a comeback as mindful consumption today. From carbon offsets for travel, to using reclaimed wood, to computers designed for recyclability - sustainability is now a consumer concern, along with corporate citizenry and contribution beyond self. In an ideal world, such elements should not be deemed a luxury. Rather, in a world of di-
minishing resources, consumers are becoming cognizant that everything is finite, that we are stewards to share what we have been gracefully given, and that we should apply care and consideration. Projects such as Oris’ restoration efforts (page 34) and Charity:Water (page 44) are perfect examples of this changing sentiment. This also holds true for that which is most intrinsic to us, our home. No matter their size, shape, or form, in the end, the properties showcased herein are housing. In its root, housing always remains elementary and requires care, consideration, and the stewardship of mindful owners. The true luxury of any property might be that it enables owners to care for its inhabitants, giving space to friends and family members, allowing memories and the lives of families to unfold. Such care is what turns a house into a home. In the long run, home owners invest up front with the anticipation of benefits for years to come, provided they engage in mindful stewardship over the long life-time of their home — just like my friend, who is still taking good care of his decades-old, hand-made leather shoes. Joseph Stein Luxury Brand Ambassador, Broker DRE01337170, A.R.M., CAR, NAR, SAMCAR, CDAR, BBAOR
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The Best of Burlingame: 1221 Bernal Avenue, Burlingame, CA 94010 Stately 6 bedroom home located in the most desirable part of Burlingame and the San Francisco Peninsula. Space abounds, with formal living and dining room facing the front yard and the spacious family room and kitchen facing the backyard pool, creating a family oasis with plenty of options for work/life balance.
www.1221bernal.com
Joseph Stein, Broker (650) 375-0640 Realty World—Peninsula | rwpeninsula.com 520 Peninsula Ave, San Mateo, CA 94401 | DRE 01337170 / 01943875
Forest Escape: 8343 Tamarack Court, Phillips, CA 95721 Welcome to your riverfront lodge in the pines. Home rests on three parcels totaling over one acre that backs to the American River. Cul-de-sac location is very private and outdoor spaces are plentiful on the front and rear decks. Vaulted pine ceilings adorn this privately located, spacious three bedroom home.
www.realtyworldlaketahoe.com/trish-hall
Trish Hall, CA & NV Realtor (530) 318-5665 Realty World—Lake Tahoe | realtyworldlaketahoe.com 949 Tahoe Keys Blvd, South Lake Tahoe, CA 96150 | CA DRE 00995140
Emerald Bay Cabin: 17 Lower Emerald Bay Road, South Lake Tahoe, CA 96150 Rare forest cabin overlooking Emerald Bay: rare opportunity to own a historic gem of a studio cabin, offering efficient use of space, serenity, and an outdoor deck where the view of lake & forest is spectacular. As Mark Twain stated upon viewing it himself, it may truly be “the fairest picture the whole earth affords”.
www.karenintahoe.com
Karen Grant, CA & NV Realtor (530) 307-0604 Realty World—Lake Tahoe | karenintahoe.com 949 Tahoe Keys Blvd, South Lake Tahoe, CA 96150 | CA DRE 01970498
Portfolio | Real Estate
Family Offices & Real Estate A conversation with the world’s #1 family office club
Whenever wealth management is brought up, the topic of family offices has been heard more and more in the past decade. Unlike third parties such as private banks, privately held companies such as family offices handle investment and wealth management for individuals and families. Generally, the goal of each family’s office is to offer controlled stewardship over their assets and effectively grow and transfer wealth across generations, often built around the family’s core assets that are professionally managed— whether in house, through specialized third parties, or as a combination thereof. Family offices might invest in private equity, venture capital opportunities, hedge funds, or commercial real estate, among others. Richard C. Wilson is the founder of the Family Office Club (www.familyoffices.com) and a family office manager himself: his firm Centimillionaire Advisors, LLC, focuses on serving clients at the $100M level and above.
Richard and his group has helped dozens of families start their family offices over the last 12 years, and has met with over 2,500 family offices in person, bringing perspective and depth of relationships that uniquely qualifies them to add particular value to the discussion of high net wealth and asset management strategies. Richard recently took some time out of his schedule to talk with RW Portfolio about the family office phenomenon.
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Richard C. Wilson Familyoffices.com linkedin.com/in/singlefamilyoffice Centimillionaires.com @RichardCWilson
Real Estate | Portfolio
RW Portfolio: Richard, the last time we met in person was at your Investor Summit in San Francisco in 2019. Since then, the world has changed, and for now you have gone to virtual events, most recently a virtual workshop. How has all this affected the members of the Family Office Club?
Richard C. Wilson: Actually, the transition to online has worked quite well, even though we miss the person to person connections of the live events.
The attendees of our events remain the same – our workshops attendees include investment funds, real estate and private equity sponsors. We see private bankers and wealth managers. Third-party marketers also attend generally, anyone who wants to position themselves and their firms. We also see investment bankers and M&A brokers looking to get more deals done, and wealthy families with multiple operating entities who are looking for a marketing and investor relations edge.
RW Portfolio: You host several events each quarter now. When did you get
started with the family offices events?
Richard C. Wilson: From the group’s inception: I founded the Family Office Club in 2007. It is the #1 largest association in the family office industry. We have over 102,000 registered members from 100+ countries, and over 1,750 registered family offices globally, managing a combined $1 trillion AUM.
RW Portfolio: In the area of real estate investing by family offices – what are the trends you have noticed? Has 2020 affected how family offices view in-
vestments in commercial real estate?
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Portfolio | Real Estate
Richard C. Wilson: For most families, real estate is a significant part of their investments. It is usually part of their long play, especially the closer it gets to commodities, for example unimproved land or forestry. This year, the commercial sector has seen accelerated change and disruption that was already nascent on the horizon, along with some unsuspected developments.
Offices are always monitoring specific markets and subsets, and recalibrating their holdings, deals are always being had in the commercial real estate arena. Around 65,000 real estate professionals use our platform and are always active.
RW Portfolio: besides commercial, many offices seem to handle also residential real estate holdings—both as investments as well as personal use properties. From my experience with our family office clients, some priorities distinctly override those of others – for example, privacy and discretion are of the utmost concern. Liability prevention also seems to take precedence in many considerations. Personal use properties are viewed not only as an investment, but also as a liability – not unlike a like a jet ski or a private pool amenity. We have seen clients with not just one, but several instruments insulating each asset. What do you see in your practice?
Richard C. Wilson: Discretion is certainly an absolute obligatory. In terms of asset protection, the insulation of investments into distinct entities is not limited to the commercial environment – the use of LLCs and other entities has become popular, it is not uncommon now to see residential assets making best use of such vehicles, but it will always depend on the type of asset, its location, the governing laws, the asset holder’s risk aversion strategies, and what their legal counsel has recommended.
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Real Estate | Portfolio
RW Portfolio: Back your operations at the Family Office Club. I first learned of you online. Do a lot of people first connect with you via your Linkedin group or other social media?
Richard C. Wilson: One of our most visible contributions to the conversation about wealth management is that we provide thought leadership. We do this through many channels – the Family Office Podcast, our Family Office Monthly Newsletter, our Blog, our Youtube channel, our email updates, our books, as well as our live events. We have a model of giving away knowledge and best practices as often as possible, to constantly build new relationships within the industry.
RW Portfolio: When I read your book, I felt you were filling a void with solid information. Before you were visible on social media and with your live events, the whole topic of family offices was a bit mysterious for many, so your books and events are quite helpful to people serving family offices.
Richard C. Wilson: Our goal was to provide valuable information, to create a forum either where families and those who serve them, or where investors and those who are raising capital can more easily connect. Also, our publications share best practices, which is helpful for everyone, since it facilitates dialogue and ensures that the parties understand each other better. On the capital raising/investor relations side of things we offer Charter Membership which includes our online portal, investor relations tools, over 300 recorded investor interviews, and 20 live summits and workshops a year to attend in person.
Right: youtube.com/familyofficesgroup
Opposite: Richard C. Wilson “The Single Family Office”
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River Bank Estate: 218 River Bank Lane, Blue Banks, Greenville, NC 27834 Make your new home at this stunning 15,000 sq. ft. private estate on 8.97 acres with guest house and pool. The home is nestled in the woods for a mountain resort feel. Close to Ironwood Golf & Country Club and Rock Springs Center. Grounds include river frontage with access for canoes, trails & nature abounds.
$3,900,000
David H Lever, Broker (252) 714-8827 Realty World—Lever & Russell | leverandrussell.com 106 Regency Blvd., Greenville, NC 27834 | (252) 551-2111
Silicon Valley pieds-a-terre: Woodlake, San Mateo, CA 94401 Never before on market, these condominiums have been rental properties under same ownership since 1987 as separate properties – two 1 bedrooms, and one studio, gross annual rent around $78,000. Located in Silicon Valley, club-like amenities, available as separate purchases or as a portfolio.
$1,700,000
Joseph Stein, Broker (650) 375-0640 Realty World—Peninsula | www.rw650.com 520 Peninsula Ave, San Mateo, CA 94401 | DRE 01337170 / 01943875
Secluded Enchantment: 189 Osage Avenue, Los Altos, California Half acre Silicon Valley estate situated on end-of-street, wooded lot, close to the downtown Village and the Los Altos schools. This open home offers both privacy & entertainment, vaulted ceilings, expansive park-like setting, separate entrance, master suite, decks & more - build memories with friends & family.
$5,900,000
Kevin Kanning, Broker DRE 01073250 (650) 533-7629 Realty World—Gallery One | kevinkanning.com 2001 Farndon Avenue, Los Altos , CA 94024
Silicon Valley Prime: 86 Murlagan Ave, Mountain View, CA 94043 Prime location in Silicon Valley. The perfect blend of comfortable living, choice location and affordable price. A Charming and spacious home located in an area of fine homes. 1,925 sf living space, 4 bed, 3 bath, contemporary kitchen & living spaces. Easy access to freeways & tech companies.
$2,590,000
Rebecca Pai , Broker DRE 01307899 (408) 966-8118 Realty World—Equity Solutions| 1031equitysolutions.com 19925 Stevens Creek Blvd., Cupertino, CA 95014
35 acres on the lake: 22376 West North Ave, Antioch, IL 60002 Beautiful waterfront, 35 acres with +- 300' of frontage on Bennet lake, one hour north of Chicago, and less than one hour south of Milwaukee, right on the border to Wisconsin. Escape to your dream estate and build memories with friends & family at this incredible retreat property.
www.realtyworld.us
Wayne Sobczak, Broker (847) 395-1010 Realty World—Tiffany Real Estate | realtyworld.us 549 Lake Street, Antioch, IL 60002
Top of the Triangle: 12404 Birchfalls Drive, Raleigh, NC 27614 Custom built for multi-generational living, gated community in North Raleigh, two sumptuously appointed homes separate yet connected via porte cochere & elevator, with five car garage, two screened porches, and more amenities and details to list or count, on sprawling 2.3 acres of verdant grounds.
$3,275,000
Shawn Britt , Broker (919) 215-3263 Realty World—Triangle Living | shawnsellsraleigh.com
101-7500 Six Forks Road, Raleigh, NC, 27615
P o r t fo l i o | Ta b l e
Time to Pause at Pausa Northern Italian Food, as redefined in Northern California
Celebrating nearly four years since its opening, Pausa restaurant is probably one of the most authentic contemporary Northern Italian restaurants in North America. Located in downtown San Mateo, California, partners Andrea Giuliani and Steve Ugur took on an existing Italian restaurant venue, which had operated for decades, and completely modernized the space with a contemporary décor and an exquisitely authentic Northern Italian menu. The result has been described as “wonderfully different” and “decidedly modern” on Tripadvisor and elsewhere. The ambience and architecture are reminiscent of similar locales in New York’s Meatpacking District, as well as what one would expect to find today in downtown Madrid or Milan. The relaxed atmosphere invites people to literally pause and enjoy a variety of wines and dishes rang-
22
ing from Venetian seafood to wood-fired pizza to charcuterie wholly cured, aged, and prepared on-site. Pausa is regularly listed as among the top restaurants in San Mateo and the Bay Area. It has rave reviews online, a loyal diner base, and is described in the Michelin Guide in adjectives such as “exceptional”, “enticing”, and “downright perfect”. Wine Spectator honored Pausa with their Award of Excellence for every year since 2018. It’s architecture and design, by CCS Architecture, was a finalist in IIDA’s 2019 awards. Being awarded the Gambero Rosso three years in a row, Pausa is among the top 500 Italian restaurants worldwide. RW Portfolio’s Joseph Stein recently caught up with Andrea at Pausa over some delicious agnolotti, which readers can recreate with the included recipe.
Ta b l e | Po r tfo l i o
RW Portfolio: Andrea, when you, Steve, and your wife Aimee first opened, did you anticipate the huge success and the rave reviews? Pausa’s space and décor embraces a different vibe than what people usually associate with Italian restaurants in the US - more along the lines of your venue’s precursor, Spiedo’s, or the multi-generational family-style restaurants of New York and Chicago.
Andrea Giuliani: actually, my partner Steve and I knew Spiedo’s intimately – in the US, I first worked at Spiedo for 1.5 years where I meet Steve—he was just starting then in his father's restaurant, and Spiedo had been owned by Steve's father for 24 years, from 1991 to 2015. After I worked at several well-known restaurants in the Silicon Valley and Marin County, Steve and I reconnected as Spiedo’s was closing. We definitely wanted to create something fresh and vibrant, something metropolitan and new. So we are very happy that our vision resonated so well with the Upper Peninsula crowd, I feel we have introduced a lot of diners to new forms of contemporary Italian cuisine.
RW Portfolio: How have you been impacted as a business during Covid? The lockdown must have been difficult.
Andrea Giuliani: yes, it has been: luckily, we were able to open up a second al fresco dining area right into the street, we were able to extend a wood framed, semi enclosed patio, which effectively gives us a third area besides the existing sidewalk table stalls and the interior dining. Indoor dining is slowly opening up again. We also provide take -out. We appreciate our loyal customer base, and we are looking forward to a time when we can hopefully return to a better new normal. Right now, we are making lemonade out of lemons - a lot of residents love the repurposed outside dining in our downtown areas, it slows down our car-centric culture and adds old world flair, actually restoring urban quality of life.
RW Portfolio: in general, the San Francisco Bay Area is a highly competitive restaurant scene. I was stunned when I first came to your restaurant upon its opening. It reminded me so much of a true contemporary European venue.
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P o r t fo l i o | Ta b l e
Andrea Giuliani: Yes, with our Pausa concept, we definitely wanted to introduce diners to a more modern Italy - the tables and chairs, the clean look of the interior, the handmade plates, which are from a local artisan, by the way. The look is both modern Italy and modern regionalism. It provides a very fresh vessel, but not overpowering to the visual palette. Only when you add the diners and the dishes does the space truly come to life. And over the course of the day, the dining room is an ever changing, colorful scene. Just like the moving boats on the Canale Grande in Venice or the crowds filling the amphitheater in Verona: the space recedes as a backdrop with an emphasis on the food and the people.
RW Portfolio: What is so amazing is your attention to your native region, and how it translates to the table. Your herb crusted beefsteak is my favorite. I remember our waitress asking us how everything was. I told her that I can literally taste the alpine meadows of the Alto Adige. Next thing I knew, you came over and gave me a hug - that’s how we met.
Andrea Giuliani: I worked in Trentino Alto Adige for 12 years every winter, so that comment felt real-
ly close to home. Our customers are like family to us. We have diners who come several times a week, even if it is just for a little bite and a glass of wine. This means a lot, since we have somewhat recreated some typical aspects of Italian life right here in San Mateo. We make everything ourselves – the pasta, the sausage, the meats, the mozzarella. For example, our pizza dough rests for 72 hours before we commit it to the oven. It’s all about craft: we are obsessed with giving you the authentic regional tastes and the atmosphere. When diners recognize true flavor, and they pause and take note — then it was all worth it.
RW Portfolio: Speaking of the lake areas – you are a native of the Veneto
and lake regions, right?
Andrea Giuliani: I was born in Bassano del Grappa and I grew up in between Lido di Jesolo and Peschiera del Garda where my father's family comes from. In our region everything is close together— the lakes, the sea, the mountains, the forests. So the produce, the flavors, the rhythm of life, it all comes together at the table. We attempt to recreate this authentically for our diners at Pausa.
RW Portfolio: you certainly have succeeded! What is this deliciousness that we are eating today?
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Ta b l e | Po r tfo l i o
Andrea Giuliani: It is agnolotti - a light pasta dish, yet incredibly robust and full in flavor, we make the ingredients ourselves here at Pausa, and your readers can recreate it at home: Butcher Agnolotti (Andrea Giuliani) Dough: 1 lb 00 flour, 5 eggs, 2 oz of (organic) spinach powder Filling: 6 oz. savoy cabbage, 6 oz pancetta, 6 oz prosciutto, 10 oz ricotta cheese, 1 egg (for dampening the edges)
Dampen the edges with beaten egg mixture, then fold the pasta over the mounds. Starting in the middle, press to seal and to remove any trapped air. Cut between the mounds, then place the agnolotti on the prepared baking sheet, let it dry.
In a large sautĂŠ pan over medium heat, combine Kuri squash mix with remainder butter, blend until silky, and remove from heat. Sauce: Kuri squash, brown sugar, sage, cinnamon, 8 oz butter, 12 oz. vegeta- Meanwhile, bring a large pot three-fourths full of salted water to a boil over ble stock high heat. Working in batches, add the agnolotti to the boiling water and boil until ‘al dente’. Drain in a colander. Garnishmens: sliced and dried red onion rings, beef demi-glace, finely chopped sage With ladle, create squash sauce basis in plate. Add cooked agnolotti. Place dried (or candied) red onion rings decoratively across agnolotti. Sprinkle freshly chopped herbs and grated cheese and add demi-glace, if desired. Instructions: Serve immediately, pair as desired, for example with medium bodied red wine. In a large bowl, knead flour, eggs, and spinach powder to a dough until silky smooth, let it rest for 30-45 minutes. Roast Kuri squash for 40 minutes at mid to high temperature, scoop out and blend with vegetable stock,2 table spoons of brown sugar, minced sage, cinnamon, and melted butter. In food processor, combine prosciutto, pancetta, ricotta cheese, and savoy cabbage, and pulse until well combined, set aside for filling. Line a baking sheet with kitchen towel. Lay the pasta sheets on a surface and cut each one into two small squares, or into circles (halve the circles), as desired shape. Spoon dollops of the filling along the center of each strip.
Portfolio | Memorable Listings
Rubino House | Lakeshore District & Crocker Highlands in Oakland , California 4 bedroom, 4 bathroom Sicilian style villa, built in 1927 When offered for sale for the first time in a generation, the crown jewel of the Crocker Highlands was immediately sold to a family who loved to carry on the tradition of this incredible piece of San Francisco Bay Area history: the historic Rubino House is a Sicilian Villa with a split staircase and a list of truly historic features. Imported Italian marble and florally decorated wrought iron from the 1920 adorns the entry. The living room has polished
crushed marble wall plaster such as found in Baroque churches in Europe, as well as stenciling, gilded crown molding, a baroque style pitched ceiling, and a sumptuous fire place. The 4,230 square foot home offers both formal and informal living and dining spaces, a servant staircase, 4 bedrooms, au-pair unit, and wine cellar. The home was originally built with Italian craftsmen by Charles Rubino — founder of pre-prohibition era’s Oakland Winery and director at Bank of Italy (later Bank of America). Also a developer, he lavished special treatment and decor on his home, specifically designed to emulate a villa he had admired in Sicily. [Price withheld.]
Joseph Stein, Broker (650) 375-0640 Realty World—Peninsula | rwpeninsula.com/rubinohouse 520 Peninsula Ave, San Mateo, CA 94401 | DRE 01337170 / 01943875
Tr a v e l | P o r t fo l i o
P o r t fo l i o | Tr a v e l
Et in arcadia ego The idyllic bliss of summering on Lake Garda in Italy. As we dream of renewed travel in a
post pandemic world, in this issue of Portfolio, we look at scenic Lake Garda, an idyllic and picturesque destination since imperial Roman days. Lake Garda derives its name from the Germanic word warda - a place of guard or safety, which it has been through its nearly two thousand year history and accommodating the Ro-
mans, Germans, Austrians, and French during different political and social times, as it is geographically located in a keystone position between the Po valley of Northern Italy and the southern flanks of the Alps. Besides being historically coveted from a geostrategic point of view, Lake Garda’s incredible scenic setting has always been a source of desire and longing for travelers near and far: Johann Wolfgang Goethe, Maria Callas, Napoleon, Winston Churchill, King Frederick Barbarossa, the King of Italy Vittorio Emanuele II di Savoia and many others have come to stay on its shores over the centuries. The lake’s v shaped outline begins at the narrow, subalpine northern part of
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Tr a v e l | P o r t fo l i o
the lake with the town of Riva del Gar-
Opposite: Isola del Garda.
da and ends at the widened Mediterra-
Above and below: private rental villa in Barbarano.
nean southern shoreline between Desenzano del Garda, Sirmione and Peschiera del Garda. The lake is a place of contrast and convergence—the citrus trees of the terraced gardens of Limone Sul Garda blossom in plain sight of snow-capped
mountains, as the afternoon lake breeze negotiates the temperature difference between the cooler north and the sunnier south of the lake. Because of its temperate climate, bucolic setting, and easy access to sites such as Milan, Brescia, Como, Verona, Vicenza, and Venice, Lago di Garda is the perfect travel destination for summering in Northern Italy.
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P o r t fo l i o | Tr a v e l
Above: the town of Salo Below: the town of Riva del Garda Opposite: view of Portese from Barbarano
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Tr a v e l | P o r t fo l i o Many historic hotels offer updated amenities such as endless pools and spas. Especially during the offseason, elegant villas can be easily rented, to serve as a home base for friends and family. There is no better retreat than Lake Garda, welcoming you home after an excursion to the city of Verona, the Palladian villas, or a day trip to Venice. Especially the western side of the lake around Salo and Gardone resonates with great charm. Take a morning boat ride to visit the fairy tale enchantment of Isola del Garda; in the afternoon, enjoy the bucolic leisure of Salo — shop the fashion boutiques, grab some dinner, and stroll down the waterfront promenade at dusk to view the twinkling lights along the lake, as they slowly come to life.
Getting There Milan offers daily flights from many major hubs. Travel time from Milan Malpensa Airport circa 1 hour by car. Off-set air travel by purchasing carbon credits at carbonfund.org. Staying There Luxury hotels include Hotel Sogno in San Felice, Hotel Bellerive in Salo, or the Lido Palace in Riva del Garda. Many websites offer homes for rent, including villas, both modern and historic. Some websites include: www.vrbo.com www.dreamvillas.estate italianbreaks.com/villas-in-Lake-Garda
Your permanent port of call: 1415 Pelican Ave, Naples, FL 34102 This secluded and serene water view home offers direct boating access to the Gulf of Mexico. It is in a walkable location to downtown – to restaurants, shopping, and the beach – to everything that Naples has to offer. Many features include volume ceilings, spacious great room, and private dock with lift.
$1,795,000
John Krol, Broker (239) 430-1700 Realty World—Top Producers Realty | buyorsellnaplesproperties.com 590 11th St. S Naples, FL 34102
Majestic Estate: 3956 NW 85th Ter, Golden Ocala, FL 34482 Gated home at coveted golf & equestrian club, secluded yet close to shopping and the airport. Highest grade of construction, 5 bedrooms & guest suite - truly an entertainer's dream home with open floor plan, resort style pool area. Golf course location ensures privacy and unobstructed view.
$3,999,000
TaMara York, Realtor (352) 804-1216 Realty World—Ocala | ocalarealtyworld.com STE 103-2709 SW 27th Ave, Ocala, FL 34471
Portfolio | Preservation
Every Second Counts A watchmaker’s mission to preserve the ocean’s coral reefs. In a digital world, repose comes back to us in the form of the analog. The beauty of
the analog can inspire us to pause and reassess what is truly important. As Oris’ credo states, “things must make sense.” What makes more sense than a dive watch manufacturer initiating the restoration of the environment in which its watches are used: coral reefs around the world. Since 1904, Oris in Hölstein near Basel has been making industrial and mechanical watches, belonging to a select few Swiss watch makers that focus solely on mechanical watches. Being both mechanical and Swiss made is an important guarantee of quality. Another is Oris’ standing
as an independent company, which means that the company’s values are in safe hands, granting Oris the freedom to innovate and to adhere to its core philosophies, including its environmental mission. RW Portfolio spoke with Oris USA about the Carysfort Reef Limited Edition, and how Oris committed to enabling change.
Preservation | Portfolio
RW Portfolio: The Oris brand has a fascinating heritage and history, yet it keeps evolving and being part of a
Opposite above: Power reserve indicator
larger dialogue in the arts, culture, and the environment, as can be seen in some of your limited edition watches. For example, I noticed the Dexter Gordon Limited Edi-
Opposite below: Oris plant in Hölstein.
tion piece - which has such a clean, mid century look and feel to it. My first jazz record was Dexter Gordon’s Go! album, so I was delighted to see your watch honoring his legacy. Oris: The language of jazz and the art of watchmaking have a lot in common. Precision is key, as well as decid-
Below: CRF cultivating coral, to be reintroduced to reefs.
ing and weighing where to place a note and where to let silence speak - timing is everything. The results may look effortless, but both jazz and watchmaking require immaculate attention to detail and to craft. RW Portfolio: This is perhaps why your watches speak to so many artists. I myself was introduced to Oris at a high school reunion. A mate, who works both in digital transformation and electronic music, swears by his Oris
Aquis. Alex Cranberrie (his DJ stage name) has made Stockholm, Lisbon, and the Carribean his home, and told me recently “I hardly want to wear any other watch.” Oris: That is great to hear, there is a real connection between independently minded individuals, artists, high performers and our brand. We have a lot of loyal customers, who have a very personal relationship with their watches. This is why our independence and our projects are so important to us.
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Portfolio | Preservation
RW Portfolio: Besides your involvement in the cultural and sporting realm, you have taken up environmental restoration with dedication and seriousness. When did that begin? Oris: The first time our restoration efforts fully entered into the public perception was a project for the Great Barrier Reef off of the coast of Australia in 2009. Since then, we have been supporting several marine life and ocean conservation foundations, producing limited edition watches. The Carysfort Reef Limited Edition, in partnership with Coral Restoration Foundation (CRF for short), is one of our latest ventures. RW Portfolio: I had the privilege to experience Biscayne National Park, so I am fascinated to learn more about your restoration efforts in Florida. Oris: We have been working with CRF in Florida since 2014. They have become the world’s leading expert on coral restoration, and they apply innovative reef restoration methods, in which coral is reintroduced to damaged reefs. This has been successfully adopted around the world, including the Reef Restoration Foundation, which Oris partnered with last year for the Great Barrier Reef Limited Edition III. They have been working on restoring Carysfort Reef since 2014 and already made great strides towards securing its future. So far, the foundation has returned nearly 25,000 corals to the reef, rising to at least 30,000 corals by year-end. It’s a remarkable achievement, and the result of incredible vision. It gives hope for the future of this iconic coral reef. This is why Oris is so committed to raising significant funds for CRF.
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Preservation | Portfolio RW Portfolio: How exactly does Oris raise funds for its environmental projects, for example the Coral Restoration Foundation? Oris: We provide our partners with specially created timepieces. For background, in 2017, we created a watch called the Oris Staghorn Restoration Limited Edition in partnership with CRF, to raise awareness for CRF and endangered coral. CRF received a number of the watches for their use to support their efforts, which was very successful. The watches help our conservation partners to be able to raise as much money as possible — by auction events, for example. This
year, we partnered again, so we could help support CRF even more with funds they raised from our newly created Oris Carysfort Reef Gold Limited Edtion: of the fifty gold watches created, three were given to CRF. The Oris Carysfort Reef Gold Limited Edition is the first produced in solid gold, with a solid 18-carat gold bezel and a black & blue ceramic insert. RW Portfolio: That is wonderful. Besides acquiring one of the limited edition solid gold watches, are there other options for the public to become part of this? Oris: Absolutely. Our sales support our conservation efforts, such as donating watches for auction. For example, the Oris Carysfort Reef Limited Edition in steel retails for $2,000 USD on rubber strap and $3000 on metal bracelet, and is limited to 2,000 pieces. It is a beautiful, functional watch. Our sales enable us to donate to our partners in conservation, preserving coral reefs. Coral reefs in turn support circa 25% of all fish species worldwide. So our watch not only pleases the eyes of its wearer, but it pleases the wearer’s heart, as well.
Perfect Views, Impeccable Upgrades: 6428 Dunberry Lane , Naples, FL 34119 Magnificent sprawling waterfront estate. This home invites with a circular driveway in one of the choicest locations, it features 6 bedrooms & 7.5 baths, with a grand foyer, a 750 bottle wine cellar, and many luxurious features, including spa, pool, and an extensive upgrades list. Golf memberships transferable.
$2,950,000
Joseph Pavich, Jr, Broker (239) 910-0304 Realty World— Joe Pavich Real Estate | joepavichjr.com 21301 S Tamiami Trail #340, Estero, FL 33928
Stateliest of South West Florida Homes: 13323 Rosewood Lane, Naples, FL 34119 This Quail Creek community dream-home welcomes you with an inviting entrance and park like grounds, spacious indoor & outdoor spaces for entertainment with spa, pool, much more, under circa 20,000 square feet of space including 8 bedrooms, 6 car garage, billiard room, bowling lane, and much more.
$2,395,000
Joseph Pavich, Jr, Broker (239) 910-0304 Realty World— Joe Pavich Real Estate | joepavichjr.com 21301 S Tamiami Trail #340, Estero, FL 33928
Portfolio | Conversation
Lisa with two cups of Joe Water cooler talk about top production in real estate. Realty World’s COO Lisa Gerdes zooms it up over virtual coffee with Realty World Brokers Joseph Pavich Jr. of Florida and Joseph Stein of California.
Lisa Gerdes: Hi Joseph & Joseph, great to talk about our profession. I realize that you and your teams have sold nearly $1.5 billion. That is a lot of real estate.
Joseph Pavich: In the day to day, it certainly doesn’t feel like it — I’m just out there, as always, serving our clients. But it does add up!
Joseph Stein: I estimate my team’s production has been around $600 million in sales to date. Joe, you have sold north of $900 million to date, right?
Joseph Pavich: ...yes, and reaching for the next level this year: I am on track to closing $100
million in sales for 2020.
Lisa Gerdes: that’s amazing. To what do you guys attribute that kind of production success?
Joseph Pavich: I aim to be as knowledgeable as possible. We want to get to know every submarket, every development and community. A lot of our clients are from out of state, and they absolutely need to be able to rely on our area expertise: not only is each home different, each community is very different. My job is to give them the good, the bad, and the ugly on each home owner’s association and community.
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Conversation | Portfolio
Joseph Stein: you touch on something very important—the limited access developments that characterize a lot of Florida and California. Not everyone wants to commit to learning about all the HOAs and their rules & regulations. That is again where know-how, dedication, and service count.
Lisa Gerdes: Joseph-CA, you came to Realty World fairly re-
cently, in 2013. What brought you to us?
Joseph Stein: Property management and real estate services for long-term clients are a big part of our business. I acquired the Realty World franchise to expand my sales division: having a dedicated sales brand has helped tremendously in selling single family homes, estates, mid century moderns, luxury properties. And the RW luxury brand is a wonderful update. Joseph Pavich, Jr.
Joseph Pavich: I agree, branding is important, that’s why we’ve been with Realty World for so long. We are a contemporary, approachable brand, just like we are upmarket, approachable agents. Lisa, thank you for your leadership in that department.
Lisa Gerdes: Thank you both for your involvement in the Realty World brand! One last question: what are the marketing trends you are seeing right now?
Joseph Pavich: Consumers are wary of banner ads and “paid-fors” in social media. Instead, our online connections take place primarily organically. I think it’s a more genuine approach, more viable in the long run. It takes more time—time you only invest if you care about the relationship.
Joseph Stein
Joseph Stein: I agree, people now practice digital minimalism. They want authentic engagement. We treat agents with just as much care as their buyers, giving them digital tools for their clients. In that respect, video is a must. Everyone loves youtube. With over 344,000
views, our channel is as important as any of our other marketing.
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11th Fairway View: Desert Falls Circle, Palm Desert, CA 92211 The best of both: views of the fairway and golf course as well as privacy are just two of the features of this two bedroom / 2 bath town home style condominium, with an open floor plan, as well as fire place and modernized kitchen. Covered patio offers views of the mountains, a true Palm Desert lifestyle home.
realtyworlddesertcities.com
Richard Pearson, Broker DRE01320746 (760) 831-1316 Realty World—Desert Cities | realtyworlddesertcities.com
453 E Tahquitz Canyon Way, Palm Springs, CA 92262
4270 Amber Lane, Palm Springs, CA 92262 Model perfect home with dramatic modern architecture with expansive glass and cantilevered roof line. Pebble tech pool and spa with views to the mountains. Built in 2018, many upgrades including custom kitchen, lighting scheme, muted tones throughout, for a carefully curated desert living experience.
realtyworlddesertcities.com
Richard Pearson, Broker DRE01320746 (760) 831-1316 Realty World—Desert Cities | realtyworlddesertcities.com
453 E Tahquitz Canyon Way, Palm Springs, CA 92262
Portfolio | Charity
Charity: Water From New York club promoter to global agent of change.
At 28 years old, Charity Water founder Scott Harrison had it all. A top nightclub promoter in New York City, his life was an endless cycle of parties. But 10 years in, desperately unhappy and morally bankrupt, he asked himself, "What would the exact opposite of my life look like?" Walking away from everything, Harrison spent the next 16 months on a hospital ship in West Africa and discovered his true calling. In 2006, with no money and less than no experience, Harrison founded charity: water.
Today, his organization has raised $475 million to bring clean drinking water to more than 11 million people around the globe. In his book Thirst, Harrison recounts the twists and turns that built charity: water into one of the most trusted and admired nonprofits in the world. Renowned for its 100% donation model, bold storytell-
ing, imaginative branding, and radical commitment to transparency, charity: water has disrupted how social entrepreneurs work while inspiring millions of people to join its mission of bringing clean water to everyone on the planet within our lifetime.
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Charity | Portfolio
Scott Harrison’s quest to bring water to a thirsty planet is timely and urgent: over 785 million people live without clean water. That is nearly 1 in 10 people worldwide (twice the population of the United States) who lack access to life’s most basic human need. The majority live in isolated rural areas and spend hours walking daily to collect water for their family. Scott Harrison at a live event.
Not only does walking for water keep kids out of school and take up time that parents could be using to earn money, but the water often carries diseases that make them sick. When a community gets access to clean water, it can change just about everything. It can improve health, increase access to food, grow local economies, and help kids spend more time in school.
The water crisis is huge, but it is solvable. Charity: water works with local experts
and community members to find the best sustainable solution - whether it is a well, a piped system, a bio-sand filter, or a system for harvesting rainwater. And with every water point funded, partners coordinate sanitation and hygiene training and establish a local Water Committee to help keep water flowing for years to come.
See how you can make an impact. For example, for $40, you can bring clean water to one person at a time. Join the monthly giving community The Spring. Give the gift of clean water all year round.
Private donors cover all operating costs, so 100% of gifts received will help bring clean water.
Lear more by downloading Scott Harrison’s book Thirst from Amazon.com. To view the videos and to become more involved, visit www.charitywater.org .
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Beach Front Sand Castle: 211 Ocean Breeze Drive, Atlantic Beach, NC 28512 New construction! Ocean front sand castle to fulfill your family compound dreams or as an investment property with great rental potential. Gorgeous vistas stretch from beautiful sunrises in the East to the sunsets in the West. Enjoy unencumbered beach access. Fully furnished and decorated.
$2,495,000
Norwood Guy Jackson, Realtor (252) 342-2565 Realty World—First Coast Realty | realtyworldfirstcoast.com
407 Atlantic Beach Causeway, Atlantic Beach, NC 28512
Verdant waterfront oasis: 210 Sumter Court , Havelock, NC 28532 Waterfront, custom built home on two lots. Private concrete dock with four boat slips; two with lifts. Professional landscaping includes water feature & rose garden. Waterside screened porch and decks. Panoramic water view from both levels of house.
www.realtyworldfirstcoast.com/NC/Havelock
Vicky Parsons, Realtor (252) 241-4089 Realty World—First Coast Realty | realtyworldfirstcoast.com
407 Atlantic Beach Causeway, Atlantic Beach, NC 28512
Portfolio | Imprint
Image Sources •
Portfolio Preservation / Oris Watches © Oris Watches USA / Oris.ch
•
Pausa Restaurant © Pausa Restaurant of San Mateo
•
Family Offices © FamilyOffices.com / Richard C. Wilson, Family Offices Group
•
Portfolio Travel © Joseph Stein 2020
•
Portfolio Conversation: coffee cup image © Shutterstock per Standard License
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Charity: water © charitywater.org
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Listings: copyrights reside with the respective offices or agents as listed.
Disclaimer The images in this magazine may be photoshopped and modified. Those persons interested in the properties featured in this magazine should contact a Realty World agent or broker identified in this magazine to get more information about the properties. This magazine is not intended to solicit any other properties currently listed under a contract with any third party. The content written in this magazine is information that may be obtained from third parties or sellers, and neither Realty World Corporate nor the Realty World agents, brokers and brokerage members identified in this magazine warrant the authenticity of the information contained in this magazine. Realty World and its members do not claim any proprietary rights or exclusive rights to any content in this magazine that has originated from a third party provider.
Notices While attempts have been made to provide accurate information, it is not being warranted and it may be subject to change without notice, including list prices and availability. Nothing contained herein shall constitute any opinion of value, appraisal, real estate, investment, legal, investment, transactional or other advice; nor does it constitute an offer of any kind. Material is promo-
tional in nature, and subject to change without notice. Time is of essence in real estate. Properties shown may be no longer on market, off-market, or under contract. This publication may be deemed an advertisement. No warranties are given, whether expressed or implied. Not a solicitation for listed properties. Always rely upon qualified legal counsel and qualified tax advice before making any significant financial or real property transaction decision. Equal Housing Opportunity: the agents herein are Equal Housing Opportunity providers, and comply with federal, state, and local Fair Housing laws. Fair Housing Is A Fundamental Right. Each Realty World office is independently owned & operated. Offices are operated under respective state licensing requirements & federal, state, and local laws.
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Classical Neo-Georgian: 2105 White Oak Road Raleigh, NC 27608 Located on one of North Raleigh’s most coveted streets. Fully renovated four bedroom dream-home, featuring a guest suite and a breathtaking master wing with picturesque views. The exterior boasts an outdoor retreat encompassing gazebo, fenced yards, and an infinity pool, all perfect for entertaining.
$2,125,000
We want you to enjoy every article we wrote. Who knows? One day you might be inspired by our content. Every article is a product of hard work & passion that our team always brings towards creating every issue. On behalf of my team, thank you for your continued patronage.
Shawn Britt, Broker (919) 215-3263 Realty World—Triangle Living | shawnsellsraleigh.com
101-7500 Six Forks Road, Raleigh, NC, 27615
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