Ezat Delijani, a real estate magnate and philanthropist who bought four historic theaters on Broadway in downtown Los Angeles and spent millions in maintaining and upgrading them over the years, including restoring the Palace Theatre to its opulent former glory, has died. He was 83.
Delijani, a respected leader in the local Iranian Jewish community, died Saturday at his Beverly Hills home of complications of lymphoma, said his son Shahram.
The Iranian-born Delijani was a pioneer in trade between his country and Japan and a successful real estate investor before fleeing Iran in the 1979 Islamic Revolution. After settling in Los Angeles with his wife and four children, he quickly established himself as a local real estate investor.
The founder of Delson Investment Co., he was known for his leadership role in expanding the downtown jewelry district… >>>