LA sued for canceling Mohamed Hadid’s spec home permits

J. Michael Issa of B. Riley Financial is alleging in a lawsuit filed in LA Superior Court last month that the city reneged on its word that permits on the property’s building site were still active. Continue reading

The 31 biggest residential deals of 2023 commanded $50M or more

New York City and Palm Beach saw the greatest number of high-end luxury sales this year, while Los Angeles, marred by the new mansion tax, did not make the list. Continue reading

What other cities can learn from LA’s rocky ‘mansion tax’ rollout

LA’s new tax on high-priced property sales has been a drag on the real estate industry while raising far less revenue than the city expected, an Intel analysis suggests. Continue reading

Site for Mohamed Hadid’s troubled spec mansion lists for $68M

The LA luxury developer is being forced to sell the 27-acre site, which was slated for an elaborate mega mansion, after a creditor tried to foreclose on the property and Hadid filed a bankruptcy petition. Continue reading

The 20 biggest residential real estate transactions of 2023 (so far)

Luxury buyers have been hot on Palm Beach, with 7 of the year’s top 20 deals coming out of the luxe South Florida market. Overall, this year’s list shows buyers’ thirst for trophy properties. Continue reading

8 big reveals from Mauricio Umansky’s book ‘The Dealmaker’

From helping to launch the Mexican Olympic ski team to fresh insights into his split with Hilton & Hyland, the book is full of interesting anecdotes about Umansky’s life paired with the lessons that came out of those experiences. Continue reading

Here are the 30 most expensive home sales of 2022

The luxury real estate sector faced its ups and downs as the market entered a period of significant transition, but that didn’t prevent luxury clients from making some stellar deals. Continue reading

‘Do the right thing’: Jade Mills on $100M deals, downturns and more

The broker and president of Jade Mills Estates at Coldwell Banker in Beverly Hills revealed the secrets to her success and offered advice to new agents, luxury agents and everyone in between. Continue reading

Media mogul nabs one of 2022’s priciest listings for $100M

Billionaire media mogul Byron Allen has purchased a Malibu estate for $100 million, making the deal the most an African American buyer has ever paid for a home in the U.S. Continue reading

The 20 biggest residential real estate transactions of 2022 (so far)

Luxury properties in Manhattan, L.A. and Palm Beach netted the three priciest deals in the first half of 2022, with each sale exceeding $125 million, according to a new analysis by Inman. Continue reading