(LOS ANGELES) Crown Realty & Development a real estate company based in Southern California with a significant presence in Arizona and other parts of the country sadly announced the passing of its CEO Robert Flaxman.
Over the past three decades the company has developed and invested in a multitude of projects nationwide. It made its mark as the owner and redeveloper of the Burbank Mall among many notable projects. In Arizona, Crown spearheaded the development of what is now the Omni Montelucia and Mountain Shadows resorts in Paradise Valley. It owns and is developing City North in the rapidly growing area of North Phoenix as well as the Adeline, the premier luxury high-rise residential building in downtown Phoenix, directly across from the Footprint Center.
“We have had a wonderful seat with Robert at the Crown table for so many years. What a businessman he was! What an emotional and incredibly sad day it was to learn of his passing,” said Jim O’Neill and Rick Carpinelli. O’Neill is the Sr VP for the California operations while Carpinelli has been in charge of Arizona developments for nearly 20 years.
“We are shocked by the loss of friend, father, husband and businessman with an acumen second to none. There are no words of comfort at this time for his family and friends. It is a huge loss for all of us,” said his longtime friends and partners.
