City of Hope Aims for $1M
On a trip to SoCal to visit City of Hope's research and treatment campus in Duarte, Jay Paul's Matt Lituchy had a surprising experience. He told fellow City of Hope Real Estate & Construction Council (REC) members about the 120-acre site, which was picked up at a sale base of $10 an acre. “At $10 an acre back in 1913, it was one impressive real estate move given today’s values,” he says. Here at COH’s fabled gate: Eric Ibsen, Alex Fisher, Matt Lituchy, Andrew Slaton, Joe Olla, Peter Cracknell, Jeff Gherardini, Andrew Bodisco, James Miller, Elizabeth Billante, Todd Hedrick, Wally Naylor, Josh Hitchcock and Ryan Potvin. REC’s Spirit of Life Award dinner is coming up in April to honor Ron Zeff of Carmel Properties.
New cancer-beating innovations are going swiftly from lab to bedside thanks to City of Hope’s on-site pharmaceutical production facility, and a new gene therapy effort aimed at eradicating HIV/AIDS. City of Hope REC board president Drew Gordon of Hudson Pacific--the guys who just dropped $3.5B for Blackstone’s Silicon Valley portfolio--is leading the group on an effort to hit $1M in fundraising this year, which would be a first. One big fundraiser is the October bike ride around Petaluma/Sonoma, which sold out last year (above, a drone pic).