Alan Casden Net Worth is
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Alan I. Casden (born 1945) is a "self-made" real estate businessman who lives in Beverly Hills, California. Casden's real estate companies have built over 90,000 multi-family apartments since the 1980s.

Casden was raised in a Jewish family, the son of a liquor wholesaler. He was bar mitzvahed at the Wilshire Boulevard Temple where he remains a member today. Casden began his academic career as history major, but he was drawn into finance and accounting classes and eventually switched his educational focus to accounting. Mr. Casden enrolled at the University of Southern California as a sophomore after his freshman year at UCLA and graduated cum laude from USC's Leventhal School of Accounting in 1968, earning a Bachelor of Science and a Masters in Business Administration from USC.
After earning his degree, Casden took a position with Kenneth Leventhal & Company at the urging of one of his professors. During this period, Kenneth Leventhal became the major accounting firm for large U.S. residential real estate developers, which exposed Casden to a variety of major real estate entities that eventually became his clients. Casden excelled during his time with Kenneth Leventhal, founding the company???s San Francisco office in 1969. In 1975, Casden accepted a job with Los Angeles apartment developer Robert Mayer and with financial support from the Belzberg family of Canada, he was able to take control of the firm. In 1980, he bought out the Belzberg interest after a dispute regarding future strategic directions the renamed Casden Properties, LLC, based in Beverly Hills. Using obscure incentives and deductions in the United States Tax Code, Casden was to profitably develop low-income housing projects and within a few years, Casdan properties had become one of the largest multi-family developers in the United States, winning 30 major design awards and earning recognition from the New York Times as an example of the use of urban planning to prevent urban sprawl. I

Alan Casden Latest News

Citigroup Sues Developer Casden Over Gulfstream Jet Loan

Citigroup Inc. sued Alan Casden, a Beverly Hills, California, real-estate developer, for $43.4 million, claiming his company defaulted on the financing of a Gulfstream 550 corporate jet. A unit of Casden Co. took out a $37.5 million loan in 2005 to finance ...
Posted: December 5, 2012, 11:44 am

L.A. Real Estate Billionaire Alan Casden: The Next Possible Dodgers Buyer?

The plot took a new twist today in the ongoing saga about the future ownership of the Los Angeles Dodgers. Real estate billionaire Alan Casden is the latest name to surface among the list of those who want to buy the team from debt-saddled Frank McCourt ...
Posted: January 11, 2012, 4:00 pm

Casden agrees to downsize West L.A. development

Other buildings will not exceed six stories, he said. Casden West L.A. and its principal, Alan Casden, are well known at City Hall. The company contributed $100,000 last year to Villaraigosa's failed campaign to extend a half-cent countywide sales tax by ...
Posted: June 26, 2013, 2:26 am
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