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[IMGCAP(1)]LOS ANGELES-The real estate and construction division (REC) of the Jewish Federation will honor Ernest Auerbach, Stanley Black, Chuck Boxenbaum and Jona Goldrich at the Federation’s annual awards dinner and networking event on Monday, June 1 from 5:30 p.m. to 9 p.m. at the Hyatt Regency Century Plaza Hotel. The federation will honor the four as “risk takers and investors who have helped build Los Angeles’ economic vibrancy through real estate development and vision.” The four honorees this year are all being inducted into the Federation’s newly established Real Estate Legends Hall of Fame.

[IMGCAP(2)]The annual REC event is the centerpiece fund-raising event for the REC division’s activities and is one of the industry’s largest networking events each year, typically drawing up to 1,300 real estate professionals from throughout Southern California. The event, which raises millions of dollars for Jewish and non-sectarian causes, is described this year as “one of the largest gatherings of this kind in the city since the recession began.”

Auerbach, founder and president of the Ernest Auerbach Co., started the company in 1947 and built it into one of Southern California’s leading builder/developers, specializing in construction, management and financing.

[IMGCAP(3)]Black, founder of Black Equities Group Ltd., Stanley and his partner Arthur Kaplan established KB Management in the mid-1950′s. The company became one of the dominant office developers in Southern California. In 1988, Black established Black Equities Group to invest primarily in commercial properties throughout the US.

[IMGCAP(4)]Boxenbaum, former chairman and CEO of National Partnership Investments, in 1966 founded NAPICO, a syndicator and asset manager in the apartment housing field.

Goldrich, principal of Goldrich & Kest Industries LLC, he has built a diversified company that is one of the most successful developers of homes, condominiums, conventional apartments, low-income housing, big box industrial buildings, retail centers and assisted living facilities.

The Real Estate & Construction Division is the largest business division at the Jewish Federation, with more than 1,000 members who meet regularly to network, do business, discuss industry trends and conduct philanthropic work. The Jewish Federation of Greater Los Angeles, L.A.’s largest Jewish nonprofit, identifies and funds social service, educational and humanitarian needs locally, in Israel and around the world.

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