David Lee (real estate developer)

David Y. Lee
Born c.1955
Alma mater Northwestern University
Occupation Physician, real estate investor
Spouse(s) Miki M. Nam

David Y. Lee is an American real estate developer known for holdings in Los Angeles.

Early life

David Y. Lee was born c.1955.[1] He graduated from Northwestern University, where he received a medical degree.[1]

Career

Lee began investing in properties after the 1992 Los Angeles riots. He acquired the California Mart from investor Judah Hertz for US$135 million in 2004-2005.[2][3]

His company, Jamison Properties, has a portfolio valued at $3 billion in 2008 and includes Banco Popular Center, MCI Center and Macy's Plaza in downtown LA. Much of his portfolio is concentrated in properties on Wilshire Boulevard. In 2013, Jamison sold the former Macy's Plaza multi-use complex for $241 million to The Ratkovich Company.[4]

Philanthropy

Lee serves on the board of directors of the Korean American Museum.[5] He has made charitable contributions to the UCLA School of Dentistry.[1]

Personal life

Lee is married to Miki M. Nam, a dentist.[1] Dr. Lee has four children. Three of his children work for Jamison Realty, the company he founded. His daughter, Jaime Lee, serves as CEO of Jamison, his son Garrett leads the residential development company, and Phil runs the commercial property management.[6]

References

  1. 1 2 3 4 Ho, Soyoung (January 2, 2009). "Bankers, Grocers and Lots of Kims". Forbes. Retrieved May 11, 2016.
  2. ↑ Vincent, Roger (November 12, 2004). "Major L.A. Landlord Buying California Market Center". The Los Angeles Times. Retrieved May 11, 2016.
  3. ↑ Vincent, Roger (April 30, 2005). "California Market Purchase Is Completed". The Los Angeles Times. Retrieved May 11, 2016.
  4. ↑ Miet, Hannah. "Jamison finds its way home". The Real Deal. Korangy Publishing Inc. Retrieved 8 March 2018.
  5. ↑ "KAM Board of Directors". Korean American Museum. Retrieved May 11, 2016.
  6. ↑ Vendt, Whitney. "Jaime Lee: The Thrill of the Deal". CSQ. C-Suite Media. Retrieved 8 March 2018.


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