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Saban buys land at Perkins Rowe from Spinosa

Terry L. Saban of Tuscaloosa, Ala., the wife of Alabama football coach Nick Saban, has purchased nearly two acres of vacant land at Perkins Rowe for $750,000, according to documents filed at the city-parish Clerk of Court. The two tracts—0.94 acres and 0.85 acres—were contractually signed by Terry Saban as "sole member" of TLS Investments LLC, listed as a Louisiana company. However, the Louisiana Secretary of State lists Tuscaloosa as TLS' base of operations. Henry Perret Jr., the listed agent for TLS in Lafayette, declined to discuss any details of the sale or say what Saban has in store for the site. Nick Saban and Perkins Rowe developer Tommy Spinosa have done business together in the past, and were also revealed to be co-owners of Central Facilities LLC, which supplies chilled water to the mixed-use development's air-conditioning system. That connection was revealed when KeyBank National Association of Cleveland began the foreclosure process on Spinosa for unpaid loans in 2010. Spinosa, who is listed as manager of 5615 Associates LLC, which sold the land to Terry Saban, also declined to comment on the deal and plans for the site.

 
I'm trying to find out more information on this. My boss is in town today so I have had a lot on my plate today. Hopefully, there will be a lot on my plate tonight, since he is buying dinner!

 
Saban buys land at Perkins Rowe from SpinosaTerry L. Saban of Tuscaloosa, Ala., the wife of Alabama football coach Nick Saban, has purchased nearly two acres of vacant land at Perkins Rowe for $750,000, according to documents filed at the city-parish Clerk of Court. The two tracts—0.94 acres and 0.85 acres—were contractually signed by Terry Saban as "sole member" of TLS Investments LLC, listed as a Louisiana company. However, the Louisiana Secretary of State lists Tuscaloosa as TLS' base of operations. Henry Perret Jr., the listed agent for TLS in Lafayette, declined to discuss any details of the sale or say what Saban has in store for the site. Nick Saban and Perkins Rowe developer Tommy Spinosa have done business together in the past, and were also revealed to be co-owners of Central Facilities LLC, which supplies chilled water to the mixed-use development's air-conditioning system. That connection was revealed when KeyBank National Association of Cleveland began the foreclosure process on Spinosa for unpaid loans in 2010. Spinosa, who is listed as manager of 5615 Associates LLC, which sold the land to Terry Saban, also declined to comment on the deal and plans for the site.
Where did you dig this up at?

Johnny, sending you an email.

 
Saban buys land at Perkins Rowe from SpinosaTerry L. Saban of Tuscaloosa, Ala., the wife of Alabama football coach Nick Saban, has purchased nearly two acres of vacant land at Perkins Rowe for $750,000, according to documents filed at the city-parish Clerk of Court. The two tracts—0.94 acres and 0.85 acres—were contractually signed by Terry Saban as "sole member" of TLS Investments LLC, listed as a Louisiana company. However, the Louisiana Secretary of State lists Tuscaloosa as TLS' base of operations. Henry Perret Jr., the listed agent for TLS in Lafayette, declined to discuss any details of the sale or say what Saban has in store for the site. Nick Saban and Perkins Rowe developer Tommy Spinosa have done business together in the past, and were also revealed to be co-owners of Central Facilities LLC, which supplies chilled water to the mixed-use development's air-conditioning system. That connection was revealed when KeyBank National Association of Cleveland began the foreclosure process on Spinosa for unpaid loans in 2010. Spinosa, who is listed as manager of 5615 Associates LLC, which sold the land to Terry Saban, also declined to comment on the deal and plans for the site.
Wow. That is quite a find.

 
Saban buys land at Perkins Rowe from SpinosaTerry L. Saban of Tuscaloosa, Ala., the wife of Alabama football coach Nick Saban, has purchased nearly two acres of vacant land at Perkins Rowe for $750,000, according to documents filed at the city-parish Clerk of Court. The two tracts—0.94 acres and 0.85 acres—were contractually signed by Terry Saban as "sole member" of TLS Investments LLC, listed as a Louisiana company. However, the Louisiana Secretary of State lists Tuscaloosa as TLS' base of operations. Henry Perret Jr., the listed agent for TLS in Lafayette, declined to discuss any details of the sale or say what Saban has in store for the site. Nick Saban and Perkins Rowe developer Tommy Spinosa have done business together in the past, and were also revealed to be co-owners of Central Facilities LLC, which supplies chilled water to the mixed-use development's air-conditioning system. That connection was revealed when KeyBank National Association of Cleveland began the foreclosure process on Spinosa for unpaid loans in 2010. Spinosa, who is listed as manager of 5615 Associates LLC, which sold the land to Terry Saban, also declined to comment on the deal and plans for the site.
SO, the Saban's are going back to Baton Rouge or is this old info?

 
SO, the Saban's are going back to Baton Rouge or is this old info?
Terry Saban has real estate investments in Baton Rouge and, I believe, Texas. It is strictly business related, but this is first I've read it in that kind of detail. Of course, I don't have a sub at IT and perhaps I should!

 
I found this all on my own fellas. Not a big deal.

This is what I am assuming are some of the bad land deals we keep hearing about.

 
This land deal I posted about appears to have gone down last December.

Random list of transactions associated with him, NOTICE THE NAME ON THE LAST TRANSACTION. Not sure if that is of some relation to Regent Hicks

What he sold

08/12/2005 11755-231 SABAN, NICK L ETAL. COUNTRY CLUB PLAZA LLC SEC 31&64 T7S R1E $750,000 SALE EBR

06/10/2005 11732-609 SABAN, NICK L ETAL. COUNTRY CLUB PLAZA LLC 11A&12 UNIVERSITY ACRES $2,025,000 SALE + MAP EBR

07/03/2001 11245-070 SABAN, NICK L ETAL. PINNACLE GROUP ASSOC INC REAL ESTATE 15A WOODGATE ESTATES $1,300,000 SALE EBR

What he bought

07/03/2001 11245-055 PINNACLE GROUP ASSOC INC REAL ESTATE SABAN, NICK L ETAL. 12 UNIVERSITY ACRES $1,300,000 SALE EBR

07/03/2001 11245-065 PINNACLE GROUP ASSOC INC REAL ESTATE SABAN ENTERPRISES LLC B1 SEC 6 T8S R1E $425,000 SALE EBR

03/20/2000 11103-950 HICKS, STEVE E ETAL. SABAN, NICK L ETAL. 15A WOODGATE ESTATES $1,228,000 SALE EBR

Should also point out "EBR" is East Baton Rouge Parish.

 
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Description: The Baton Rouge Business Report reveals that the wife of former LSU Head Coach, Nick Saban has purchased almost two acres of land in the Perkins Rowe area, near the Mall of Louisiana. Terry Saban reportedly paid $750,000 for the property. The main developer in Perkins Rowe is Tommy Spinosa. He is also developing the Rouzan project near Stanford Avenue and Lee Drive in Baton Rouge.

Spinosa and Nick Saban have had business ties since Saban coached the LSU football team. Spinosa has been in the news recently because of legal battles over loans tied to Perkins Rowe. It is unclear whether Terry Saban is investing in the Perkins Rowe project to help Spinosa weather cash flow problems, or if she thinks Perkins Rowe is a solid investment. No word on what will be built on the property.

Nick Saban and Tommy Spinosa are already partners in a company that supplies chilled water to companies in the development of air-conditioning.

 
June 2013

 

Sale of an "investment property" on Lake Burton in Georgia. Home was just south of $11 million dollars. Undisclosed buyer and price

The 9,600 square foot, six-bedroom, nine-bathroom estate was quietly sold last week in an auction that included eight bidders, according to a press release from Concierge Auctions. Neither the name of the winner nor the amount of money it took to win the auction were disclosed, but it was apparently one of the area's largest in recent memory.

The buyer was represented by Ed West of Ed West Realty, Inc., according to the release.

"This is the highest sale price on the lake in many years, which is exciting to be part of," West said in the release. "I've been familiar with this property from the beginning — throughout its construction. It was developed for a family to use and enjoy, and my clients, their children and grandchildren will certainly do so. They are extremely excited to be purchasing their dream home and will be a great addition to the Lake Burton family."

The buildup of the home's sale drew interest for months, especially after it was revealed that Saban would also offer Crimson Tide football tickets, sideline passes and an office tour at the same auction. Proceeds raised from the ticket package went to Saban's Nick's Kids charity.

The auction was initially scheduled for June 7, but a "surge of late interest" prompted officials to delay it for another three weeks.

According to Concierge Auctions, the website that showcased the home was visited more than 31,000 times from residents of 49 states and 49 other countries. Alabama, of course, led the way.

 
AND MCPHAUL HITS IT OUT OF THE PARK!Man Darrel I hope you're right.The smoke seems to be getting thicker and thicker.Imo the sooner it becomes reality the better. We need to stem the tide against aggy and others in regards to recruiting.

 
TERRY SABAN This information is current as of August 29, 2012.

*

There are 3 individuals that go by the name of Terry Saban. These individuals collectively are associated with 3 companies.

 

List of Companies with principals that go by the name of Terry Saban:

AVALON LANE, LLC

Status: Dissolved

Filing Date: 07/15/2008

Entity Type: Domestic Limited-Liability Company

File Number: 422-634

Company Age: 5 Years, 4 Months

Registered Agent:

Hyde, Gregory D Feld Hyde Wertheimer Bryant Stone PC

2000 Southbridge Pkwy Ste 500

Birmingham, AL 35209

Filing State: Alabama (AL)

Qualifying State: N/A

MEMBER

Saban, Nick L

MEMBER

Saban, Terry L

Principal Name: Terry Saban (Member)

Company Name: Highland L.L.C.

 

Status: Active

Filing Date: 04/22/2010

 

Entity Type: Limited-Liability Company

File Number: 40188884K

 

Filing State: Louisiana (LA)

Registered Agent: Henry C. Perret, Jr.

Company Name: HIGHLAND L.L.C.

 

Status: Active

 

Filing Date: 04/22/2010

Entity Type: Limited-Liability Company

 

File Number: 40188884K

Company Age: 3 Years, 7 Months

 

Registered Agent:

Henry C. Perret, Jr.

1200 Camellia Blvd.

Lafayette, LA 70508

 

Filing State: Louisana (LA)

Qualifying State: N/A

 

Mailing Address:

C/O Henry C. Perret, Jr.

Lafayette, LA 70508

 

MEMBER

Nick Saban

2200 Jack Warner Pkwy, Ste 300

Tuscaloosa, AL 35401

 

MEMBER

Terry Saban

2200 Jack Warner Pkwy, Ste 300

Tuscaloosa, AL 35401

Principal Name: Terry L. Saban (Member)

Company Name: Kenilworth Manor, LLC

Status: Active

Filing Date: 06/25/2004

Entity Type: Limited-Liability Company

File Number: 35730746K

Filing State: Louisiana (LA)

Registered Agent: Mark W. Fry

Company Age: 9 Years, 5 Months

Registered Agent:

Mark W. Fry

701 Laurel Street

Baton Rouge, LA 70802

Filing State: Louisiana (LA)

Qualifying State: N/A

Mailing Address:

6326 Highland Road

Baton Rouge, LA 70808-6613

MEMBER

Nick Lou Saban

701 Laurel

Baton Rouge, LA 70802

MEMBER

Terry L. Saban

701 Laurel

Baton Rouge, LA 70802

Jack Warner Parkway Address appears to be the offices of a group of CPA's

Laurel Address is a lawyers office

 
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TERRY SABAN This information is current as of August 29, 2012.*

There are 3 individuals that go by the name of Terry Saban. These individuals collectively are associated with 3 companies.

 

List of Companies with principals that go by the name of Terry Saban:

AVALON LANE, LLC

Status: Dissolved

Filing Date: 07/15/2008

Entity Type: Domestic Limited-Liability Company

File Number: 422-634

Company Age: 5 Years, 4 Months

Registered Agent:

Hyde, Gregory D Feld Hyde Wertheimer Bryant Stone PC

2000 Southbridge Pkwy Ste 500

Birmingham, AL 35209

Filing State: Alabama (AL)

Qualifying State: N/A

MEMBER

Saban, Nick L

MEMBER

Saban, Terry L

Principal Name: Terry Saban (Member)

Company Name: Highland L.L.C.

 

Status: Active

Filing Date: 04/22/2010

 

Entity Type: Limited-Liability Company

File Number: 40188884K

 

Filing State: Louisiana (LA)

Registered Agent: Henry C. Perret, Jr.

Company Name: HIGHLAND L.L.C.

 

Status: Active

 

Filing Date: 04/22/2010

Entity Type: Limited-Liability Company

 

File Number: 40188884K

Company Age: 3 Years, 7 Months

 

Registered Agent:

Henry C. Perret, Jr.

1200 Camellia Blvd.

Lafayette, LA 70508

 

Filing State: Louisana (LA)

Qualifying State: N/A

 

Mailing Address:

C/O Henry C. Perret, Jr.

Lafayette, LA 70508

 

MEMBER

Nick Saban

2200 Jack Warner Pkwy, Ste 300

Tuscaloosa, AL 35401

 

MEMBER

Terry Saban

2200 Jack Warner Pkwy, Ste 300

Tuscaloosa, AL 35401

Principal Name: Terry L. Saban (Member)

Company Name: Kenilworth Manor, LLC

Status: Active

Filing Date: 06/25/2004

Entity Type: Limited-Liability Company

File Number: 35730746K

Filing State: Louisiana (LA)

Registered Agent: Mark W. Fry

Company Age: 9 Years, 5 Months

Registered Agent:

Mark W. Fry

701 Laurel Street

Baton Rouge, LA 70802

Filing State: Louisiana (LA)

Qualifying State: N/A

Mailing Address:

6326 Highland Road

Baton Rouge, LA 70808-6613

MEMBER

Nick Lou Saban

701 Laurel

Baton Rouge, LA 70802

MEMBER

Terry L. Saban

701 Laurel

Baton Rouge, LA 70802
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man this site is VERY INFORMATIVE. Whisenant, if you were a basketball player, you would be a point guard because all you do is "drop dimes!"

 
man this site is VERY INFORMATIVE. Whisenant, if you were a basketball player, you would be a point guard because all you do is "drop dimes!"
That's why we are growing.

 
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