LA Realtor Richard C. ("Dick") Dunn Dies at Age 84 Orchestrated NBC Purchase of Burbank Acreage
"Archbishop's Realtor" handled over 300 real estate transactions for the Archdiocese of Los Angeles including 75 churches and schools, 20 high schools, 12 hospitals and 25 affiliated Catholic religious institutions.
- (1888PressRelease) April 20, 2011 - Richard C. ("Dick") Dunn, age 84, scion of a distinguished 3-generation Los Angeles commercial real estate brokerage dynasty encompassing the Charles Dunn Company and Dunn Property Group, died Friday, April 15 at 7:00 AM at Huntington Hospital, Pasadena, from an inoperable brain hemorrhage, according to his daughter, Theresa M. Dunn, the eldest of his six children with his wife, Eleanor Patricia ("Patty") Dunn, who also survives him.
Dunn was widely regarded by the industry as the dean of the commercial real estate brokerage field. Highlights of Dunn's remarkable Southern California commercial brokerage career including NBC's purchase of 50 acres in Burbank in the early 1950s and the sale of Warner Gateway, a 239,000-square-foot office complex in the west San Fernando Valley.
Known as "The Archbishop's Realtor," Dunn and the Charles Dunn Company also played a major role in the expansion plans of the Archdiocese of Los Angeles, beginning in the late 1940's when Archbishop James Francis McIntyre assigned them the task of buying property for new parishes in outlying areas and the acquisition of the land for the new St. Basil's Catholic Church on Wilshire Blvd., among other properties. In 2009, Dunn orchestrated the $31 million sale and leaseback of the Archdiocese of Los Angeles headquarters, a 13 story office building at 3424 Wilshire Blvd which Dunn had previously arranged as a gift from Thrifty Payless to the Archdiocese.
Over the next five decades, Dunn and the Charles Dunn Company also brokered nearly 300 transactions for the Archdiocese of Los Angeles, the original site purchase or property additions to 75 parishes, 20 high schools, 12 hospitals (including St. John's, Queen of Angeles and St Joseph's) and over 20 related Catholic religious institutions (including Loyola Law School).
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