Max Azria’s former estate heads to auction 9 years after first listing

The estate is being listed by Branden and Rayni Williams of The Beverly Hills Estates for $55 million as it simultaneously prepares to head to a no-reserve auction with Concierge Auctions from May 9 through May 23. Continue reading

Newcastle Courtyards persists in court challenge to Measure ULA

The group filed a brief with the U.S. Court of Appeals for the Ninth Circuit, requesting that the court overturn the dismissal of their lawsuit seeking to end the transfer tax on property sales priced $5 million and up. Continue reading

EXCLUSIVE: Look inside an $18M mansion from ‘Buying Beverly Hills’

An eye-popping property owned by celebrity plastic surgeon Dr. Paul Nassif will head to auction during Season 2 of the reality TV show. Will it command the desired price? Continue reading

In ‘shocker’ of a vote, Chicago transfer tax hike headed for defeat

The key policy item for first-term Mayor Brandon Johnson would have raised an estimated $100 million through a tax hike on real estate sales. Continue reading

Ariana Grande sells Hollywood Hills pad to Bad Bunny at a loss

The pop star sold the secluded home to Bad Bunny in an off-market deal for $8.3 million, well below the $8.9 million she paid for it in 2021. Continue reading

Riding a Golden Globes high, Emma Stone lists LA house for $3.995M

The actor, who recently won a Golden Globe for her performance in Yorgos Lanthimos’ “Poor Things,” is selling a gated, Spanish-style home in LA’s Comstock Hills neighborhood. 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

On the ground in LA: How a divisive ‘mansion tax’ altered real estate

The president of Nourmand & Associates briefed Intel on how a new L.A. tax on high-priced properties has jolted the local real estate industry. Continue reading

LA City Council approves $150M in ‘mansion tax’ allocations

Funds will go to short-term emergency rental assistance, eviction defense, tenant outreach and education, direct cash assistance for low-income seniors and individuals with disabilities, tenant protections and affordable housing development, according … Continue reading

‘Fight it tooth and nail,’ LA agents warn as Chicago mulls mansion tax

As Chicago Mayor Brandon Johnson narrows in on a 2.65 percent tax on purchases of properties over $1 million, luxury agents in Los Angeles offered their advice to concerned Windy City agents. Continue reading