First National Center has new ownership — and records show that the title is no longer held by investment groups created by Aaron Yashouafar.
Oklahoma County Assessors records show that when Yashouafar paid off a $12 million mortgage with lender Capmark Bank last week, the title transferred to Los Angeles-based Joshua Paradise Holdings.
The California Secretary of State website shows Joshua Paradise Holdings LLC was formed in 2006 by Leon, John and Yoel Neman, who run Neman Brothers and Associates.
Neither Yashouafar, his attorney, or the Nemans returned calls to The Oklahoman on Monday. The Nemans are owners of an apparel manufacturing company in Los Angeles.
Their Neman Brothers website notes the family business spans three generations and caters to groups of worldwide buyers including fabric wholesalers, garment manufacturers, textile distributors, overseas importers and converters.
Yashouafar, who bought First National Center in 2006 for $21 million, has experienced legal troubles, bankruptcies and foreclosures across the country over the past couple of years.
Yashouafar pleaded guilty in July to an embezzlement charge after being accused of diverting insurance proceeds after a fire at a Las Vegas condominium development. He must pay $1 million in restitution to Paradise Spa condominium residents before his sentencing in November, Nevada court records show.
Earlier this month, The Oklahoman reported Yashouafar was under federal investigation for submitting questionable reimbursement forms to Oklahoma City officials for asbestos removal.
Ryan Gierach, editor and publisher of the West Hollywood news site www.wehonews.com, said the Nemans, like Yashouafar, are prominent members of the Iranian Jewish community in Los Angeles.