Lowest Prices on the Most Amazing Lofts in Downtown Los Angeles October Newsletter

SoCal Home Newsletter October 2017

SoCal Home Newsletter Oct 2017
SoCal Home Newsletter Oct 2017

In this post:  Give yourself a real treat this month!  Newsletter (pdf)

First, here’s some exciting local Downtown real estate news for loft lovers and for home buyers on a budget who need to pick up the most amazing loft for the lowest price on the market.  Announcing the two best loft deals in town!  The BIGGEST loft in the $400,000s along with THE most affordable loft in Downtown Los Angeles!!  L.A. LOFT BLOG EXCLUSIVE!  Cutest loft in Downtown, the Pershing Square Loft with a great layout makes a BIG impression! #dtla #lofts #affordable

Downtown Los Angeles Pershing Square Loft -- L.A. Loft Blog Exclusive
Downtown Los Angeles Pershing Square Loft — Open House 10/15 from 1-3 pm

Special pocket listing for the readers of the L.A. Loft Blog.  —  SB Grand Loft for Sale – Enjoy Downtown life in a modern open loft with fantastic urban industrial character on Broadway in the Historic Core. Private balcony facing community courtyard. Modern kitchen with stainless steel appliances. Tinted polished concrete floors. Washer and dryer in unit. Large soaking bath tub. Open and airy living space with high vaulted ceilings, A/C cooling and heating. Excellent downtown location near Farmers Market, Grand Central market. Minutes to Whole Foods, Ralph’s and great shopping and dining. The building features 24-hr security front desk concierge, fitness room, rooftop pool deck, hot tub with panoramic views of the Downtown Los Angeles skyline. Wired for cable and Internet. Low HOA dues. Pets okay. Great for Downtown live/work! The complex has valet parking available. By Metro station, Pershing Square concerts in Summer and ice skating Winter. Stroll thrugh the renaissance of Broadway, with coming street car as part of the Bringing Back Broadway project.  312 W 5th St #921, Los Angeles, CA 90013. Call Corey (213) 880-9910.  |  DETAILS

Also in the SB Grand building, check out the biggest Downtown LA loft in the $400,000s:

Spacious historic loft with private balcony
Spacious historic loft with private balcony.  Open House 10/15 from 1-3 pm

As promised, here is the new October issues of the SoCal Home Blog: #realestatenews

The Day Pierce Was Diagnosed
Your Referrals Help the Kids!  —  The Day Pierce Was Diagnosed

Go Ahead… Give Yourself a Real Treat This Month! The month of October can be a spooky month, maybe even a scary month with monstrous problems.

SoCal Home Blog October 2017
SoCal Home Blog October 2017

Yikes!! Well maybe not, but words like that seem to be popping up everywhere as kids and adults alike look forward to Halloween. In fact, according to the USA Today, adults spend more on themselves to celebrate Halloween than any other day during the year. I get that. Especially if they want to hang out with the kids to go trick or treating, or to a Halloween party of some kind. For many homeowners and home buyers though, they are truly scared. Scared to death of…   |   MORE

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Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

We Got Him! Fraudster Drew Christian Donovan in Jail

Prolific Con-Man Christian Andrews AKA Drew Christian Donovan AKA Jimmy Wayne Jackson Has Been Caught  #dtla #realestate #fraud

donovan-in-jail-j-c-300REAL ESTATE NEWS  (September 11, 2017) Los Angeles, CA  —  Thanks to the smart readers of the L.A. Loft Blog, and due to the quick work of the San Diego Police Department, swindler Drew Donovan has been captured before he can destroy the finances of any more innocent victims.  After wreaking havoc on the financial welfare of anyone whom he could get ahold of, including local families with children, disabled persons, even inflicting malevolent damage to sophisticated real estate industry professionals and homeowners in Los Angeles, the bad guy is finally off the street.

The L.A. Loft Blog first covered in May of 2017 the story about the fake philanthropist then going by the name Christian Andrews, taking several Los Angeles area locals by offering to pay off all of their bills, give them new cars, even million-dollar homes such as Downtown lofts and Solaire luxury high-rise condos in Koreatown. His foray into real estate fraud is what brought him down, as he tangled with the wrong group of savvy people. With powerful communication and hard work, the LA Loft Blog and its readers have toppled LA’s dangerous money menace.

The LA Loft Blog first became aware of the charlatan when he contacted our office requesting assistance with a Downtown loft purchase.  After receiving fake proof of funds, fake earnest money deposit initiation receipts and other phony financial instruments, the L.A. Loft Blog learned that the trickster has defrauded more than 100 individuals, families, mothers, children, elderly, disabled out of more than $1,000,000 in the Greater L.A. Area (see the original story).

Arrested  —  Going by the fake name Christian Andrews, and carrying a California driver license that says Drew Christian Donovan, the supremely skilled deceiver has this week been outwitted by the caring community of L.A. Loft Blog readers and writers. When the scammer tried to lure them into one of his “free real estate” traps, real estate agent Norma Fernandez and her quick-witted client Joshua Alvarez checked the L.A. Loft Blog, which confirmed their suspicions. They wasted no time calling police.  San Diego Police Department responded quickly, checked diligently, and then took cheater Donovan into custody on existing felony warrants for violating his probation and writing big, bad checks.

To help keep this menace locked away for a long time, those with any information may share it with police and with the L.A. Loft Blog at report@laloftblog.com or call (213) 880-9910.

See the San Diego Sheriff Who’s In Jail website is http://apps.sdsheriff.net/wij/wij.aspx (Search Drew Donovan). Learn more at the original LA Loft Blog article, and the Catch Drew Donovan blog website created by some of his victims at https://catchdrewdonovan.wordpress.com

 

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Donovan/Andrews/Jackson taken off the street thanks to the L.A. Loft Blog readers and San Diego Police.
Donovan/Andrews/Jackson put away thanks to L.A. Loft Blog readers and San Diego Police.

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  Licensed in California. Some details have been changed to protect the investigation. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Meet Jimmy Wayne Jackson, Con Man Taking Millions from Michigan to California

Professional Con-Artist Jimmy Wayne Jackson AKA Drew Christian Donovan AKA Christian Andrews Deceives from Small Town to Downtown

Jimmy Wayne Jackson AKA Drew Christian Donovan AKA Christian Andrews
Jimmy Wayne Jackson AKA Drew Christian Donovan AKA Christian Andrews deceives DTLA and USA

REAL ESTATE NEWS  (September 4, 2017) Los Angeles, CA  —  The L.A. Loft Blog reported in May of 2017 about pretend rich guy Christian Andrews conning many Los Angeles area locals by offering to pay their bills, give them cars, even million-dollar real estate such as Downtown lofts and Solaire luxury high-rise condominiums in Koreatown. The skilled liar with many names promises to help those who are deserving with millions out of his trust fund if they help him avoid his interfering parents. The truth is that the con-man’s parents are dead, and he is really only avoiding his earlier angry victims while spryly hurdling the slow wheels of justice as he cheats his way from small town to Greater Los Angeles.

By gaining sympathy over his made-up terminal cancer, and his bogus story that he wants to help those who are deserving, Jimmy Wayne skillfully leads caring individuals into the void, all but rendering victims into human ATM machines, mindless sex zombies or drug-fetching robots to give him their money, meds, identities and even more sinister. The preying monster seems to have something insidious in store for just about anyone whom he can catch in his finely crafted web.  #jimmywaynejackson #drewdonovan #christianandrews #fraud

The LA Loft Blog first became aware of the swindler when he contacted our office asking for help with a Downtown loft purchase.  After observing fake proof of funds, fake earnest money deposit initiation receipts and other fake instruments, the L.A. Loft Blog has learned that the perpetrator has defrauded more than 100 individuals, families, mothers, children, elderly, disabled out of more than $1,000,000 in the Greater Los Angeles Area (see the original story).

The Latest  —  Going by the fake name Christian Andrews, and carrying a California driver license that says Drew Christian Donovan, the supremely skilled deceiver has this week been outed as Holland, Michigan native Jimmy Wayne Jackson, long-time fraudster on a  mega-extended super-spree of illegal deception using fake checks, sham real estate transactions, phony bank wire transfers, other people’s credit cards and stolen identities.

Victims identities and lives stolen by Jimmy Wayne Jackson AKA Christian Andrews AKA Drew Christian Donovan
Victims identities and finances taken by Jackson AKA Christian Andrews AKA Drew Christian Donovan

We have just been contacted by an old-family friend who informed us of the flimflam man’s true origin. He’s been at it a long, long time. Hometown victim Carol reports that she knew him a long time ago when he was 10-year-old Jimmy Wayne Jackson of Holland, MI, from a dysfunctional family living at a mobile home park. Years later, Carol would lose touch as Jimmy turned into an 18 year old college DJ in Grand Rapids and then a DJ in Florida. About 9 years ago in back in Holland, MI, the young fraudster’s mom had passed away, and Jimmy never new his birth father. Carol and Jimmy grew close, so she thought. But the friendship was mere trickery. Carol reports that Jimmy came back to his home town, claimed he came into lots of money, and wanted to give it to deserving people. He defrauded Carol and several of the local townspeople, causing tens of thousands in damages to Carol alone. Years later, Jimmy did it again, ripped his old friends off a third time, making yet another astonishing round to take advantage of the folks who cared for him the most by claiming that he had come back to make amends. For those who were religious, Jimmy would not hesitate to use God’s name to lie, and take advantage of their faith to bilk and milk them for every penny. Carol said that two more home-town victims called her within the last year to report Jimmy’s latest thievery by false pretenses. His total estimated take is now more than $2 million.

Recovered evidence shows a pattern of fraud motivated by addictions
Evidence shows pattern of fraud motivated by addictions

While his mugshot captures a glimpse of his true character, the perpetrator has not paid for his career of crime. He has told some that he served time, but this super-slippery and talented weasel has even been able to con “friends” into bailing him out, as his supreme charlatan skills have allowed him to evade the law virtually 100%.  He uses advanced real estate knowledge and banking know-how to trick old friends — even to outwit sophisticated business persons. The man with many names is at large and actively taking from innocent individuals and families. His motives are too torrid and depraved to detail on a real estate blog, but evidence suggests that the bad guy’s impetus may involve something weird like Ambien sex addiction, the sad combination that took down golf-great Tiger Woods. All victims are encouraged to immediately contact law enforcement and also to contact the L.A. Loft Blog with further information. The sooner we can get this crafty parasite back into an orange jumpsuit and iron bars, the safer America will be.

Counterfeit trust fund kid Christian Andrews AKA Drew Christian Donovan AKA Billy Wayne Jackson of Michigan mobile home park
Counterfeit trust fund kid Christian Andrews AKA Drew Christian Donovan is really Jimmy W. Jackson of Michigan mobile home park

Additional victims have created another page with more information that might help to apprehend and stop the fraudster, also to try to protect families from the ongoing campaign of financial devastation by Drew Donovan aka Christian Andrews aka Jimmy Wayne Jackson.

To learn more about how and why Jackson/Donovan/Andrews used Downtown lofts to swindle innocent victims, visit the original LA Loft Blog article and the new Catch Drew Donovan blog website created by some of his victims at https://catchdrewdonovan.wordpress.com

 

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Jimmy Wayne Jackson AKA Christian Andrews AKA Drew Christian Donovan Fraud
J. Wayne Jackson AKA Christian Andrews AKA Drew Christian Donovan Fraud

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  Licensed in California. Some details have been changed to protect the investigation. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Growth and Stability – Downtown Los Angeles Real Estate Market News

Downtown L.A. Homes Sell For More Money, Faster Than One Year Ago

Downtown Los Angeles Real Estate Proves Superior Investment
Downtown Los Angeles Real Estate Proves Superior Investment

REAL ESTATE NEWS  —  Downtown Los Angeles continues to beat most real estate markets in both growth and stability. Compare recent prices, along with days on market, and we can see that prices continue to rise at a desirable pace, while homes sell at a brisk pace. Check out the market report:

In the most recent market (the last 6 months), Downtown L.A. homes sold at a median price of $619,500 with 42 days on market.  #dtla #realestatenews

For the same 6 month period a year ago, the median price for Downtown LA (MLS areas 23,42) was $589,250.  with 55 days on market.

This shows a value growth of $30,250 in 12 months with properties selling 13 days faster.

DTLA has also proven to be superior in down markets, slower to decline in price and faster to recover in price.  While Downtown Los Angeles definitely has its ups and downs, it has proven to be safer than most neighborhoods as a financial investment.

Get a free list of Downtown Top 10 Best Investment Property Listings. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA  [MAP]

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Downtown Los Angeles Real Estate News - Market Stable and Growing
Downtown Los Angeles Real Estate News – Market Stable and Growing
Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

SoCal Home Newsletter Sep 2017 Labor Day, Your Referrals Help the Kids, Meet Miguel

L.A. Loft Blog presents The SoCal Home September ’17 Newsletter

SoCal Home Newsletter Corey Chambers Referral AllLabor Day is approaching. Hope you you’re enjoying the summer. Please take a look at the latest SoCal Home newsletter.

We are still on a mission to raise $25,000 to help the kids at Children’s Hospital Los Angeles. Thanks to your help, we have already raised the first $1,375.

You’ll be fascinated by this story of an amazing boy’s recovery, Miguel.

Check it out:  #socal #home #chla

socal-home-newsletter-corey-chambers-referral-kids-1709-all

SoCal Home Newsletter Corey Chambers bnr
Labor Day is All Wrong!

I always thought the powers that be in the U.S. got the name wrong – Labor Day. Since it’s a Holiday intended to be just that, a Holiday – I would think the proper name would be Relax Day or Lazy Day or Off Day or Sleep in Day, something other than Labor Day. Unfortunately, most celebrate Labor Day by doing just that – Laboring. Government employees and Bank’s typically close up shop on Labor Day, but according to recent studies the majority of Americans are laboring on Labor Day. So to celebrate the month of September and the affection for Laboring, I have a special announcement to make: I will be Laboring, but for a very special reason. Right now, many would be home owners and home sellers are caught in a catch 22. They are nervous about moving or the opposite, desperate to make a move. This is why we have developed a special program for those you know that are considering a move.

Just like the weather, seasons come and seasons go, so do the seasons of life. I’m sure you have noticed, as I have, the older I get the faster the seasons move by. These “seasons of life” go by so fast, my hope is that you enjoy each one or at least grow from each one. Yes. Some of life’s seasons will be HOT and others will be COLD, some high and some low. The lows we want to move by quickly, the highs we want to stay in forever sometimes.

This is where you come in…

For the month of September, if you…    >> MORE

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Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Real Estate News – Downtown Los Angeles Booming in a Normal Real Estate Market

Real Estate Economics of Downtown L.A. Lofts and Condos Today

Normal Economy
Normal Economy

The L.A. Loft Blog, the authority on Downtown Real Estate, reported in 2016 that we entered into a normal real estate market. What is a “normal” real estate market?  Before we can answer that, we must answer the question about why we never hear the word “normal” when we hear news about economics . #dtla #realestate #news

Let’s first start by informing about how we at the L.A. Loft Blog have been helping buyers, sellers, renters and landlords by telling everyone (who was fortunate enough to read in 2011) to start buying real estate, to catch the wave before it passes, and that it would be almost like getting a free house. In 2013, the L.A. Loft Blog reported that prices were up and that the sky is the limit on prices.

The fact is, economics is the dismal science, and most ignore it. Buyers buy when they feel like it, or when they have the money, and sellers sell when they need to, or when they want to move or to cash out. The smart, astute and savvy do, however, at least pay attention to economics and integrate the facts as much as possible into their profitable plans.

In 2012, when the recession was at its lowest, the publishers of the L.A. Loft Blog eagerly put our own money where our mouths were, and went all in on purchase of real estate. We bought an Alta loft for $202,000 that year, and a few years later, the value was more than double.  While it’s not exactly  free, that is the closest thing to getting a free home for a home buyer.

Eckardt 302 Back on the Market
Eckardt 302 with balcony asking $442,880

While many took advantage of the low prices at that time, others professed to know that there was a coming wave of foreclosures that they were waiting for.  A heaping pile of garbage, the national mainstream news was dead wrong. The publishers of the L.A. Loft Blog informed our small readership that the “coming wave of forclosures” was not coming.  Indeed, it never came.  The only real wave was the wave of high prices that the L.A. Loft Blog forecast earlier.  We, with many of our clients are riding that wave all the way into the frickin’sunset!

National real estate news does not exactly match up to Downtown real estate because Downtown Los Angeles is a fast-growing urban center in an unprecedented renaissance and renewal. The recession was slow to hit Downtown in 2009, and then Downtown LA was among the first to escape hard times as DTLA again exploded, quickly with growth in 2012 when the rest of the country was still waiting for the “wave of foreclosures” that never appeared. Not only is the mainstream news media unable to forecast what it coming up in the economy, the mainstream news is utterly unable to report anything as normal simply because “normal” is not news.

Today, we’re in a normal real estate market as prices are approaching a moderate plateau. Normal means that the economy is growing at a relatively common pace, and PRICES ARE LIKELY TO CONTINUE TO RISE SIGNIFICANTLY BEFORE PRICES DROP SIGNIFICANTLY. The coming plateau will likely provide extended stability, the hottest market is yet to come, and then the following fall in prices will be both late and marginal. Downtown rent prices have been largely stable for the past 12 months, indicating a stabilizing trend for home prices. A great deal of cash today is on the sidelines. After unprecedented quantitative easing by federal governments (electronic printing of money), cash is relatively easy to come by as viewed from historic standards. While it’s not a time for investors to immediately double their wealth in real estate, today’s Downtown Los Angeles real estate market does present a great opportunity for renters to stop renting and lock in a historic low interest rate and affordable monthly payment.

Those who need crazy, abnormal gains quickly will need to invest in Bitcoin. Or let us know what you think will be a faster-growing investment at tips@laloftblog.com

Get a free list of top Downtown LA investments. Fill out the online form:

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Normal Market Cycle
real rearearea Normal Market Cycle

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Murder on Flower Street

Loft Crimes   #murder #flowerstreet

Downtown Los Angeles  —  The Los Angeles Times gave a written account that began with “Lisa Ramirez was the heart and soul of the Flower Street Lofts.” She was the beloved maintenance lady of the building that is the cool and hip original industrial live/work loft structure in South Park. In the rapidly escalating now-upscale neighborhood in the southwest corner of Downtown Los Angeles, Miss Ramirez worked just a block away from L.A. LIVE and the Ritz-Carlton, in the modernized residential building that has been a low-profile sanctuary surrounded by the most exciting place on earth, DTLA — until the unthinkable happened on January 10.

Lisa Ramirez Beloved Flower Street Lofts Cleaning Lady
Lisa Ramirez worked at at the building.

Lisa had no way of knowing that a dangerous psychopath was staying with one of the residents.  Michael Rogers, a deranged boyfriend of a resident at the building, followed Lisa out of the complex and then forcibly hauled her into his girlfriend’s unit where he stabbed her repeatedly with a large knife. The motive was unknown, but, according to the Times, the killer then proceeded to walk down Hope Street carrying the knife, and attempted to carjack a vehicle.  After the driver called the police, the officers responded and ended up shooting Rogers dead on the street.

Behind the scenes, many of the residents knew victim Lisa Ramirez as their every-day cheerful cleaning woman, would be stricken with grief and anxiety as the breakneck pace of neighborhood change is suddenly combined with a jolting murder of Lisa, who was an uplifting friend and beloved, indispensable fixture of the community as reported by the Los Angeles Times.

Why did this happen? Can tragedies be prevented?

Other residents in the building have been on edge as noisy new build construction projects sandwich the building on both sides. Some locals reported that they had to move on. Others are hanging on and working to figure out how to prevent future calamities. The pace of excited new Downtowners moving into Downtown L.A. has not slowed. Enthusiastic renters and home buyers are not hesitating to snap up the great deals on some amazing New York style lofts with concrete features, high ceilings, large windows, modern kitchens, large walk-in closets and luxury bathrooms.

Walking her cute little pugs, one affected resident, a seasoned lady, angrily shouts “Don’t prop open the gate!” When asked about the recent murder, the resident responds “that’s how the murderer got in.” The murderer actually lived at the complex with resident girlfriend, and the killer presumably had keys to the complex and the loft unit.

As his past is reviewed for clues, killer Michael Dwaine Rogers represents a confusing contradiction between the violent domestic abuser and murderer, combined with the positive memories of his long-time relationships with girlfriend and fond memorials from family members. What caused Michael Rogers to go on a murderous rampage, violently taking the life of such an innocent, happy woman as Lisa Ramirez?

Flower Street Murderer stopped by LAPD on Hope Street
Flower Street Murderer stopped by LAPD on Hope Street

No answer or reason can be found to this dichotomy that was Michael D. Rogers, a brutal abuser who also demonstrated moments of loyalty, love and caring. An extreme example of a most extreme case — this contradiction of love and hate. While most will not personally encounter murder, Downtown Los Angeles residents skillfully navigate the pros and cons of a vibrant and challenging neighborhood, enjoying an amazing renaissance of bountiful and exciting restaurants, entertainment, new shops and sprawling transportation infrastructure, while residents must navigate many curve balls such as typical city crime and the scourge of homelessness. Perhaps the horrible murder was merely a symptom of the squeezing, constricting construction quake, vertigo and noise of numerous high-rise construction sights erupting on multiple sides of the once-tranquil residential site.

Michael Dwaine Rogers - Psychopath or Victim of Urban Stress?
Michael Dwaine Rogers – Psychopath or victim of urban stress?

Michael Rogers was eulogized as a selfless older brother, always offering the best for his younger brothers,” who describe Michael as “loving and caring,” his brother Cameron described Michael as “strong, loyal, and protective, always reminding me he was by my side during rough times.”

A few residents moved away, but most are staying in their happy urban homes. The killer’s girlfriend still remains in her stylish loft.  She has not responded to the L.A. Loft Blog requests for comment. Residents are going on enjoying their lives in these amazing industrial lofts in the walkable heart of a rapidly-growing neighborhood, the most exciting place on earth.

Like all big city neighborhoods, Downtown Los Angeles has BIG pros and cons, with a much lower crime rate and way bigger job creation rate than many other major U.S. urban areas, DTLA continues to skyrocket with a booming economy and rising infrastructure of residential, commercial, entertainment and transportation venues. Homelessness continues to be the number one issue for Downtown L.A., while crime, mostly non-violent, requires constant vigilance. The South Park neighborhood is one of the fastest growing neighborhoods in Downtown LA, with numerous new homes, highrise tower condominium buildings under construction.

Murder on Flower Street
Murder on Flower Street – Merely a symptom of massive construction chaos in South Park?

 

Copyright © L.A. Loft Blog.  For questions regarding this article, contact help@laloftblog.com

Meet Drew Christian Donovan, Local Con Artist Extraordinaire – Downtown Los Angeles Real Estate Fraud

AKA Slick Con-Man Christian Andrews Deceives Downtown

Solaire and Sky Lofts center stage of Real estate fraud
Koreatown Solaire Condominiums and Downtown Sky Lofts center stage of recent real estate fraud

REAL ESTATE NEWS  (May 25, 2017) Los Angeles, CA  —  Christian Andrews is a rich guy with a multi-million dollar trust in Los Angeles who has terminal cancer and wants to help those who are deserving by paying off their credit cards and buying them luxury condos before he passes, even paying the HOA dues and utilities, taxes, everything for a year in advance  — really taking care of those in need. In exchange, he wants nothing really, except for a bit of help in avoiding his interfering parents who are attempting to take control of his life and thwart his attempts to generously help people.  #drewdonovan #fraud

Sounds enticing, huh?  That is the story that the deceiver wants us to believe, but the real story is appallingly different. It starts with his fake name, and gets much worse from there. His real name is Drew Christian Donovan, and today he is perhaps L.A.’s most prolific and despicable con artist. A confidence man so named because he gets the attention and faith of his innocent victims by gaining their trust with phony enticements and fake payments, by appealing to their needs and capturing their sympathy so that he can defraud them out of thousands of dollars each.  #christianandrews

Fake Proof of Funds Provided by Drew Donovan

While the overloaded Los Angeles Police Department has hardly started their engines on this case (Fraud Report DR#1701-11966) and the victims wait to have their phone calls hopefully returned soon by the police investigators, the L.A. Loft Blog has already blown the lid right off this illegal scheme that has penetrated deep into Downtown real estate, touching the Sky Lofts and wreaking havoc on Solaire Condominiums in Koreatown. We’ve learned that the perpetrator has already defrauded more than 100 individuals, families, mothers, children, elderly, disabled out of more than $1,000,000. The insidious aggressor is recently getting even more desperate and dangerous, going so far as to kidnap a mother for several hours, telling her that she may not leave to go tend to her children, while extracting every dime possible from her. Victims are left financially devastated and families potentially homeless in the aftermath Donovan’s wickedly crafted web of deception. The 48-year-old fraudster and identity thief from San Clemente is now at large in Los Angeles, bilking and milking the most needy, gullible and compassionate, taking advantage of those who care to help the phony ailing millionaire. After providing fake electronic payments from non-existent bank accounts and writing fake private bank checks from his own blank check stock using an account that does not exist, the highly skilled smoothie convinces his marks to provide him with cash and credit card use in order to help hide the hustler from his supposedly interfering parents. The real story is that the flim-flam man is blowing the loot on his depraved lifestyle of anonymous sex and drugs while hiding out from his previous victims, and evading the law.

The criminal has purported to have a female assistant helping in the transactions by the name of Melissa Ramsey, likely an accomplice who is conspiring in a criminal enterprise. Recovered evidence shows documentation that indicate police impersonation by Donovan, while photos show the crook enjoying a life of leisure and travel on his swindled funds.

Paul Cheatham, a K-town local who survives on a meager $1,017 per month with 100% disability due to health issues, met shyster Drew Donovan, who was going by the fake name “Christian Andrews”on Feb 28, 2017 through a mutual friend. “Mr. Andrews” asked Paul to help him hide out from his parents for a day. Andrews told Paul that Andrews was dying of thyroid cancer, and had millions of dollars in a trust that the family was interfering with.

Fake bank wire confirmation sent by Drew Donovan

Charlatan Christian Andrews (real name Drew Donovan) convinced his victim Mr. Cheatham that Andrews was a wealthy individual who is dying and wishes to distribute the wealth to those who are deserving. The quack requested personal information in order to add these individuals to his trust. The offender offered to pay Mr. Cheatham’s bills, credit cards in full, rent for three months. To gain the confidence of Mr. Cheatham, the ripoff artist provided bank account numbers and routing numbers to pay Mr. Cheatham’s bills. The liar explained to Mr. Cheatham, that in exchange for helping the hoaxer hide from his make-believe meddling family, the offerer would provide millions in cash, credit car payoffs, and real estate. Two days later, scammer Andrews requested that Mr. Cheatham provide a social security number and California ID, address, mothers maiden name.  Andrews led Mr. Cheatham to believe that a financial trust account was set up to help Mr. Cheatham live comfortably. The trust was to also include a car and a luxury condominium unit, plus a year of pre-paid HOA dues.

At 8:30 PM Sunday, March 5, con-man Christian Andrews brought Mr. Cheatham to Sky Loft Condominiums in Downtown Los Angeles at 801 S Grand Avenue to look at condo units for sale. Andrews called a local real estate agent, Corey Chambers, to help view properties for sale over the next several days. At the direction and coordination of Andrews, Mr. Cheatham went into escrow on the purchase of a $1,300,000 property at Solaire condominiums at 3785 Wilshire Bl.  Innocent victim Mr. Cheatham had no knowledge that Andrews provided a fake proof of funds, as well as a fake earnest money deposit bank wire transmission receipt.

SOLAIRE KOREATOWN FOR SALE   |   NEW HOMES   |   UNLISTED HOMES

Drew Christian Donovan AKA Christian Andrews – Described as a highly skilled con-artist

Andrews gave to Mr. Cheatham a big, fat fake check in the staggering amount of $6,439,543.31 from a non-existent account of City Private Bank, along with another bogus check in the amount of $17,241.18 to be used for personal expenses. Andrews later offered to pay the bills of the real estate agent Corey Chambers after convincing Mr. Chambers that pretend philanthropist Andrews is helping old friend Mr. Cheatham. Andrews also convinced Mr. Chambers that Andrews was dying of terminal cancer and needed help spending his multi-million dollar trust fund in a way that would help Mr. Cheatham while giving money to those who are needy and deserving. On April 6, 2017, Andrews told agent Corey Chambers that Andrews would like to pay some of Corey’s credit card bills that have a large balances in exchange for helping them. Unaware of the scam, Mr. Chambers allowed the bilker to “pay” an American Express bill of $3,409 (which 7 days later was returned as unpaid from Andrews’ fake account on April 13).  Andrews then told Mr. Chambers to provide a credit card for Andrews hotel room, plus $500 cash so that Andrews can successfully complete the real estate transaction using Andrews’ own trust funds. Shiny new cars were also promised — another mirage.

The master hustler Christian Andrews convinced Mr. Cheatham to rent a car until a new car arrives that Andrews promised to pay for. Andrews told Mr. Cheatham that the trust had already confirmed and arranged to pay for everything.

Mr. Chambers informed Mr. Cheatham of his suspicions that Christian Andrews was behaving in a way very similar to con artists and fraudsters. Mr. Cheatham gave to swindler Andrews a total of $30,000 in cash, credit card use and other credit use, such as car rentals. Mr Chambers and Mr. Cheatham reported the fraud to LAPD Rampart office and created an initial Investigative Report on 4/19/17.

On April 20, Mr. Cheatham inadvertently found and recovered a bounty of evidence from room #323 at the Normandie Hotel after Mr. Chambers tipped off the inn as to the nature of their fraudulent, non-paying guest Christian Andrews (Drew Donovan). The mountain of evidence includes computer files with many victim credit cards, stolen identities, evidence of accounts and online services that Andrews utilized to meet men to exchange money and sex, services for anonymous communications, services for travel, and financial accounts of fraud victims. The digital evidence also includes photographs of victims and photographs of perpetrator Andrews. Physical evidence obtained from the hotel room after Andrews skipped town include blank check stock, printouts of fake transactions, written credit card numbers, drivers license numbers and names of many of Drew Donovan’s AKA Christian Andrews’ victims. “He really had me fooled,” admits Mr. Cheatham, “He’s a very skilled con-artist.

Pleasure-seeking lifestyle motivation for fraud.

The personal effects show that Donovan has long been stealing from friends of friends, rich and poor in order to finance his own lavish lifestyle and depraved need for anonymous sex and drugs. The perpetrator is targeting married men and their families to steal from, and he is not slowing down, but is speeding up the pace of his dirty work, putting disabled and families with children into risk of homelessness so that he can feed his own never-ending desire to binge on pleasure and excitement.

The stories of Paul, along with families who have come forward but do not wish to be public, are a small sample of many, many recent victims of fraud and identity theft.  The victims are asking for the public to help.  The L.A. Loft Blog is also working to put an end to swindler Drew Christian Donovan’s campaign of financial devastation.  Readers of the L.A. Loft blog can help to stop one of America’s top con artists currently on the loose and on a rampage in Los Angeles. Drew Donovan is devastating families daily. Here’s how to stop him and others like him:

Report to the police and to the L.A. Loft Blog any information on his whereabouts or recent criminal activities. Include the Fraud Report DR#1701-11966 and then submit the information to the L.A. Loft Blog consumer protection department at consumer@laloftblog.com. This article written by L.A. Loft Blog Publisher Corey Chambers, also a witness and victim of the frauds.

Update June 12, 2017: Additional police report has been filed by another victim at JotNot_06-12-2017-police-report-donovan

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Fake check from fake account passed off to victim by Drew Christian Donovan

 

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers. Suspects not not been convicted, and are therefore presumed to be innocent until proven guilty. Descriptions of the suspect and alleged crimes are based on the accounts of victims, along with substantial other evidence received by the L.A Loft Blog.

Post Free to the L.A. Loft Blog – Free Advertising for Downtown Businesses and Residents

Did you know that you can post free directly and automatically to the L.A. Loft Blog?  It’s true. Reach more than 1,000 readers in a single day by sending your message to the authority of Downtown residential real estate.  It’s easy to instantly submit your post, article, ad, press release etc.  All you need to do is send an email in this simple format:

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Be sure to send it to the special email address above. The subject of your email will automatically show up as the title or headline of your post.  The words in the body of your email will automatically show up as the text of your post.  The photo that you attach will automatically show up in the post as well. Send your email and see your post immediately!

Comment on an L.A. Loft Blog article:  If you only want to make a text comment or remark (and you don’t want to include a photo or formatting) then simply post a comment by clicking on a headline of any L.A. Loft Blog post, scroll all the way down to the bottom of the post where it says Leave a Reply and type your comments into the box.

All submissions must be relevant to Downtown Los Angeles, and are subject to the editorial standards and needs of the L.A. Loft Blog. #advertise #dtla

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Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

1212 Flower Street New Homes Los Angeles South Park Downtown LA Luxury Highrise Under Construction

1212FlowerSt.com

With the new construction of huge shiny, super luxury high-rise condominium towers Metropolis, Ten50, OceanWide Plaza and 1133 Hope St, one begins to wonder if Downtown Los Angeles is headed for a high-rise condo glut. #1212flower #southpark

1212 Flower Street New Homes Los Angeles
1212 Flower Street New Homes Los Angeles

When two huge towers are added onto that at 1212 Flower St., the risk of an upper class housing overage becomes palpable. Let’s explore the need and merits of the new build before jumping to any conclusions. Here’s this week’s real estate news:

One block east of Staples Center and the L.A. Live complex, Onni kicked off construction in October for 1212 Flower Street, a two-tower residential development.

1212 Flower Street residential lobby
1212 Flower Street residential lobby

The mixed-use complex replaces the parking lot of a mid-century style office building. The coming new luxury condominium towers shall rise to 40 and 31 stories, and will bring to Downtown LA a whopping 730 residential condo units for sale, along with a modest 8,000 square feet of ground-level retail space.

As with the tower at 820 Olive Street, 1212 Flower is being designed by Chris Dikeakos.

2 Tower DTLA Development Under Construction

The Pico Metro Station now will be sandwiched between high-rises. Metro might need to really upgrade that little station next door. A parking lot near Pico Station is making way for the future residential / retail complex.   |   NEW HOMES INTEREST LIST

After a recent ground breaking ceremony for its neighboring 1133 S Hope St., the newest Downtown development has begun preparing for construction.

1212 Flower St Downtown LA
1212 Flower St Downtown LA

Canadian real estate developer Onni Group has set up the construction zone fencing around the surface parking lot at 1212 Flower Street. The one and a half acre site, next to Pico Station, is scheduled to soon support two of highrise luxury tower condominium buildings that will be one of Downtown’s largest residential buildings full of sparkling new homes for sale.  The buildings will contain parking accommodations for up to 830 cars.

Documents filed with the L.A. Department of Planning indicate that the towers that shall be some of the tallest residential skyscrapers in the area. The glass and steel structures have been designed by Canadian Chris Dikeakos Architects of Vancouver, British Columbia.

The property is already home to a 70,000-square-foot office building, which will not be torn down because the 1960s 5-story structure has recently benefitted from several substantial renovations and upgrades, such as a new gymnasium in the basement.

1212 Flower is not the first big construction project done by Onni in the Downtown area. After Level DTLA and 820 S. Olive Street, the company has also purchased the historic Los Angeles Times Building.  Onni is expected to tear down part of the Times Building to make way for the construction of a multi-family residential complex.  It is not yet known if the Times Building will turn into the “Times Lofts” condos for sale or “Times Apartments” for lease.

The Flower Street project is being heaped on top of an exploding number of new towers that are replacing parking lots all around block across from the east side of the Staples Center. The upcoming new towering Circa apartments and Oceanwide Plaza mixed-use condo / hotel / shopping center developments are among the most spectacular, sprawling and imposing of the bunch.

Get priority access to see the new 1212 Flower Street condominiums for sale and receive new homes photos, descriptions in your email. Fill out the online form:

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1212 Flower St Downtown Los Angeles
1212 Flower St Downtown Los Angeles

 

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.