The LA ‘mansion tax’ is coming, sending sellers on a sprint to April 1

To make their multimillion-dollar properties more attractive and move them more quickly, some sellers have been cutting their asking prices precipitously and negotiating other add-ons into contracts. Continue reading

David Kramer is ready to bring out the ‘soul’ of Hilton & Hyland

As David Kramer steps into his role as Hilton & Hyland’s president after a year of upheaval, the brokerage is repositioning itself. Kramer told Inman the goal is to effect change with culture. Continue reading

Hilton & Hyland taps David Kramer to succeed Jeff Hyland as president

Kramer has been with the luxury boutique firm since 2005 and is one of Hilton & Hyland’s top producers. He succeeds the late Jeff Hyland, who died of cancer nearly a year ago. Continue reading

10 months after ‘The One,’ Richard Saghian scoops up $40M Malibu pad

Not content to pause after purchasing “The One” megamansion for $126 million in March, the Fashion Nova founder also added the $40 million Billionaire’s Beach property to his portfolio recently. Continue reading

Luxury in ’22: Market slowdowns, reality TV, the metaverse and more

Luxury buyers finally decided to take a pause in 2022 as economic volatility shook the market. But despite a market slowdown, luxury companies and agents continued to make interesting moves. Continue reading

In new era, Lori Hyland takes sole ownership of Hilton & Hyland

Co-founder of Hilton & Hyland Rick Hilton also announced in a statement released on Thursday an upcoming brokerage in partnership with his son, Barron Hilton, called Hilton & Hilton. Continue reading

Goldsmith Team moves to The Agency from Hilton & Hyland

Zach Goldsmith was with Hilton & Hyland since 2007. In 2021, his two-person team netted $110 million in transaction volume. Continue reading

Leading Los Angeles agent returns to Sotheby’s International Realty

Marc Noah was with Sotheby’s International Realty for about seven years before moving to Hilton & Hyland. Prior to that, he was a loan officer with mortgage company First Capital. Continue reading

The top luxury real estate agents serving Hollywood in 2022

The Altman Brothers, Santiago Arana, Aaron Kirman, Chris Cortazzo, Sally Forster Jones, Joyce Rey and more are featured in this year’s list of standout agents from “The Hollywood Reporter.” Continue reading

Snapchat billionaire closes deal for Holmby Hills estate

Evan Spiegel has completed the purchase of a second L.A. property. The two tracts will form a four-acre, $145 million estate lying across the street from the Playboy Mansion, according to reports. Continue reading