Crown property management has a “pretty ambitious” new project, but there’s a twist to the story that’s more complicated than it seems.
In the past, the real estate company has worked to acquire the assets of the wealthy and powerful, and now it wants to own them too.
Crown is developing the former land of the Dixieland estate of the late financier and philanthropist David Rockefeller, the company’s website says.
And the story of how it came to the deal is complex.
For one, there’s no direct link between the Rockefeller estate and Crown, and it was only after Rockefeller died in 2009 that the estate was sold.
For another, the family is now trying to keep the Dicks out of Crown property.
And there are a number of other problems that make the deal unlikely to be successful.
Crown says it wants a “good deal” and is looking for a buyer.
The deal is for the Rockefeller family, but its value isn’t clear.
In recent years, the Rockefeller dynasty has been on the rise in the United States and around the world.
The family has built a reputation for being among the richest and most powerful in the world, but that was under the reign of John D. Rockefeller III, who died in 1999.
The Rockefeller estate is not among the highest-priced in the country.
Its holdings include more than 1.3 million acres of land and about 1.2 million acres in New York state.
But Crown has an increasingly strong relationship with Dixiels estate.
Its property management arm owns more than half of DixiaLords holdings, according to the Rockefeller Institute, a nonprofit group focused on the Rockefeller legacy.
A spokesperson for Crown told The Lad that the family wants to sell the Rockefeller property and said the deal will be announced soon.
The spokesperson said the family expects the deal to be finalized by early next year.
“There is nothing to suggest that Crown is bidding on the property or will bid on it,” the spokesperson said.
The company declined to say what the price is for that land, saying it would have to speak with the Dichlins about the sale.
And it didn’t say whether the sale would involve the Dirlines estate, which is owned by a different company.
The Dirlins, meanwhile, declined to comment.
But a source familiar with the transaction said the Dincmans have been negotiating with a buyer for the DIXIELAND estate for months.
Crown recently acquired about 1,400 acres of the estate, but the company said it didn “do so to satisfy its ongoing need for a strategic buyer for Dixieres property portfolio,” according to a statement from the company.
There is no guarantee that the deal could be completed, the statement said.
If a buyer comes forward, the deal would be subject to “market conditions” and other legal restrictions, including that it can’t be used to build an airport or the new Trump International Hotel in Washington.
“If we can’t agree on a fair and reasonable price for the property, we will pursue our own alternative proposal,” the statement from Crown said.