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‘Saw’ Franchise Producer Oren Koules Cuts $35 Million Deal on Malibu’s Broad Beach
Heard about a real estate market slowdown? Pshaw! It doesn’t appear to have impacted Malibu’s famed Broad Beach, where a house that traded hands for less than $8 million five years ago has just sold again — this time, for $35 million. The fortunate off-market sellers were film producer Oren Koules (Two and a Half Men, the […]
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The Mansion Tax Effect: Luxury Home Sales Stall in Los Angeles
In early 2023, L.A.’s luxury real estate market experienced a boom as deals were closed before the April 1 implementation of Los Angeles’ Measure ULA, known as the “mansion tax.” In the first quarter, the number of $5 million-plus homes sold increased by 35 percent, with Brentwood, Pacific Palisades and Hancock Park proving particularly active. Before the tax […]
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James Cameron Seeks $33M for Epic Coastal California Paradise
If you’ve always wanted to be “king of the world,” this titanic Santa Barbara compound could be just the ticket! As first reported by The Wall Street Journal, the picturesque 102-acre spread long owned by James Cameron has just popped up for sale in the gated residential and agricultural Hollister Ranch enclave resting along the rural Gaviota coastline, […]
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‘Joker’ Screenwriter Scott Silver Buys $4.9M L.A. House From Philanthropist Jamie Tisch (Exclusive)
Screenwriter Scott Silver, known for Joker, The Fighter, 8 Mile and The Finest Hours, has bought a mid-century modern house owned by socialite and philanthropist Jamie Tisch for $4.99 million. The sale comes months after the home hit the market in March for initially $7 million and about 2.5 years after Tisch initially acquired the […]
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New York’s Top Real Estate Agents: The 2023 List
Last year started with a bang for brokers in New York, but by fall and into 2023, a series of unfortunate events was putting a stranglehold on the market. Historically low interest rates gave way last year to the highest in decades. Crypto crashed and banks failed. The specter of an all-out recession loomed. In […]
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“And the Real Estate Agent With the Most Stratospheric Sale Is…”: The 2023 New York Power Broker Awards
Last year, The Hollywood Reporter launched the annual New York Power Broker Awards, bestowing honors on the market’s top sellers and savvy marketers. For 2023, THR is announcing winners in two categories and the nominees for such accolades as penthouse sale of the year and real estate rising star. The winners in nominated categories will […]
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A New Rep for When Real Estate Agents Become Reality-TV Famous
As real estate agents have won fame on reality TV, they’re also securing representation in Hollywood. Former Million Dollar Listing star Steve Gold is with CAA, WME reps Buying Beverly Hills‘ Mauricio Umansky for literary and Million Dollar Listing Los Angeles‘ Josh Flagg is with Gersh (for branding), while Selling Sunset castmembers who have agents […]
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Cindy Ambuehl Joins Christie’s International Real Estate (Exclusive)
There’s another big move afoot in Los Angeles’ elite luxury real estate world: Top-selling Compass agent Cindy Ambuehl is going to join AKG | Christie’s International Real Estate. She’ll be the executive director of luxury estates of the Brentwood office of AKG, which was formed last year when Aaron Kirman of Aaron Kirman Group himself […]
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Rod Stewart Wants $70M for Enormous Beverly Park Mansion
In his heart, Rod Stewart famously remains forever young. But in reality, the legendary rocker is now 78, with all but one of his eight kids grown up. And so it’s no big surprise that Stewart’s home of 30 years, a colossal mansion in the mountains high above Beverly Hills, has popped up for sale […]
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Miramax CEO Bill Block Lists Bird Streets Roost With Sweeping Views for $5M
More than a decade ago, Bill Block bought a home perched in the prime Birds Streets neighborhood of Los Angeles. Now the veteran Hollywood producer has decided to fly the coop, hoisting the property back onto the market for a speck under $5 million — or just $800,000 over what the Miramax CEO paid for the place […]
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‘Kendra Sells Hollywood’s’ Newest Castmember McKenzie Ryan Takes on L.A.
Kendra Sells Hollywood, the real-estate reality series, returns for season two Friday on Max, and there’s a new castmember joining the ranks of the show. Ranked in the top 3 percent of agents nationwide, Douglas Elliman’s McKenzie Ryan is the latest addition to the series, which follows former The Girls Next Door star Kendra Wilkinson […]
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Real Estate Upfronts Launch in Los Angeles, Giving a Private First Look at Upcoming Luxury Residences
There’s an upstart upfront on the scene. Timed to coincide with the television industry’s traditional upfronts presentations — which took place this month featuring fewer stars and amid picket lines — an event featuring some of the leaders of the luxury real estate world gave guests a private sneak peek at a slew of upcoming […]
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Beyoncé, Jay-Z Spend $200M on California’s Most Expensive House
Earlier this year, Jay-Z sold his controlling stake in the D’ussé Cognac brand to Bacardi for a reported $750 million. So it may make sense that the billionaire mogul and Beyoncé have reinvested some of those profits into an incredibly lavish vacation home in Malibu. Per TMZ, the ultra-famous couple has paid $200 million for a supervillain-worthy, […]
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First Look: Hollywood Park Unveils Its First Residence, The Wesley, With Views of SoFi Stadium
Hollywood Park, the biggest mixed-use urban development project in the Western United States, is unveiling photos of the first residential piece of puzzle. Called The Wesley, the contemporary building features 101 apartments located not more than a 10-minute walk from SoFi Stadium and the YouTube Theater. The Wesley has views of the stadium and of […]
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Matt Stone’s Former Venice House Hits the Market for $6.5M (Exclusive)
The former Venice home of South Park co-creator Matt Stone is hitting the market for $6.5 million. Located in a residential neighborhood of Venice known as the Silver Triangle, the contemporary-modern house sits on a nearly 7,500-square-foot corner double lot, with just over 3,000 square feet of interior space. “It’s in this very coveted area […]
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Drake Letting Go of $88M Beverly Hills Estate
That was quick. Scarcely a year after paying top dollar for a palatial estate in the mountains above Beverly Hills, Drake is already done with the place. Up for grabs on the open market now is the “Hold On, We’re Going Home” rapper’s resort-style paradise, asking $88 million. TMZ first reported the home listing. Built over several years beginning […]
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