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Article: Casden president starts anew on projects. (People).(Casden Properties L.L.C., Robert Hildebrand)(Brief Article)
- Article from:
- Los Angeles Business Journal
- Article date:
- July 8, 2002
- Author:
CopyrightCOPYRIGHT 2002 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ROBERT Hildebrand, who was named president of Casden Properties LLC, has an interesting marching order: start from scratch.
During his 21-year tenure with the Beverly Hills-based firm, he oversaw construction of 90,000-Casden residential units in 30 states, only to see those assets sold to Apartment Investment & Management Co. last December for $1.5 billion.
Now Casden has formed a new partnership with the Denver-based real estate investment trust and New York-based Blackacre Capital Management to develop high-end apartments in the Los Angeles area.
"We're starting over," said Hildebrand, who was formerly Casden's executive vice president for ...