Month: October 2018
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The personal fortunes of China’s wealthiest real estate developers are taking a hit
(Credit: Pixabay) As government regulations curb China’s property market, the country’s wealthiest real estate developers are feeling the pinch. Real estate magnate Hui Ka Yan, the chairman of Evergrande Group, saw the biggest plunge in his net worth over the past 12 months, according to Forbes annual ranking of China’s 400 wealthiest individuals. Currently ranked…
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A dip worth $1,000? Hearst Castle’s Neptune Pool re-opens
Neptune Pool at Hearst Castle (Credit: Wikimedia Commons, iStock) A $5.4 million investment has returned one of the most iconic features of William Randolph Hearst’s San Simeon estate to pristine condition. The palatial Neptune Pool at Hearst Castle — swam in by Hollywood legends including Cary Grant, Clarke Gable, and Carole Lombard — is back…
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For $110M, you could own a Bay Area lot with sweeping views and angry neighbors
Easton Point (Credit: Hilton & Hyland) In Northern California, the opportunity to own a chunk of land spanning 110 acres — and potentially develop 43 single-family homes on it — has just come on the market for $110 million. Yet anyone with enough cash to purchase the land must also have enough money — and…
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Buy your own piece of the original Playboy Mansion for as little as $2.5M
1340 North State Parkway in the Gold Coast (Credit: @properties) The fire pole and the bunnies are long gone, but a portion of the original Playboy Mansion can be owned for as little as $2.5 million. Hugh Hefner’s first Playboy estate was later divided into condos, and three of the seven units are listed at…
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Robert Redford seeking $7.5M for wine country estate
Robert Redford and his St. Helena, Calif. estate (Credit: Getty Images, Pacific Union International) Robert Redford is looking to shed his gated estate in the heart of the Napa wine country. The Oscar Award-winning director and his wife, artist Sibylle Szaggars, have listed the 10-acre spread in Napa Country for $7.5 million, the Los Angeles…
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Steven Mnuchin’s bank foreclosed on the home of man accused of mailing pipe bombs
Cesar Sayoc and Steven Mnuchin (Credit from left: Broward County Sheriff’s Office, Getty Images, Department of Treasury) Cesar Sayoc, the Flordia man accused of mailing a series of pipe bombs to the homes of various public officials as well as the offices of CNN, lost his home in 2009 to a bank run by Treasury…
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Hostel or boutique hotel? Youth hostels are adding private rooms, services
Generator hostel in Miami Beach at 3120 Collins Avenue Hostels are upping their efforts to win over youth, adding private rooms and more services to gain greater appeal as they expand nationwide. After finding that the term ‘hostel’ is a turnoff to majority of American guests, the London-based hospitality group Generator shifted its focus onto…
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This week in celeb real estate: Kylie Jenner and Travis Scott scoop up a mansion in 90210, Billy Dee Williams’ former house hits the shopping block for $13M…and more
Perenchio and Chartwell estate in Bel Air, Travis and Kylie with their new house, Billy Dee Williams and the home (Credit: Hilton & Hyland, Getty Images) This week in celebrity real estate one was one of couples and reimagined properties — and prices. A rapper and his billionaire girlfriend picked up a pad in 90210,…
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FBI investigating wrongdoing with Bel Air mansion
Mohamed Hadid and his mansion in Bel Air (Credit: Google Maps, Getty Images) The saga of Mohamed Hadid’s unfinished mega-mansion in Bel Air has now become a federal investigation. In a deposition this month, a Los Angeles city investigator said he discovered evidence that a city employee tasked with inspecting the 30,000-square-foot home on Strada…
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Mark your calendars: These are LA’s top real estate events next week
There will be two new real estate events in Los Angeles next week. On Oct. 30, the Real Women in Real Estate Los Angeles (RWIRELA) will host its Real Women In Real Estate Halloween Bash from 5 p.m. to 9 p.m., at Caffe Roma, 350 North Canon Drive. Eat, drink and be scary with the…
