Mohamed Hadid-built Beverly Hills mansion sells for $36M

The off-market sale is a highlight for greater LA’s luxury market, which has slowed in the last year in response to market shifts, interest rates and new luxury taxes. Continue reading

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

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 luxury market in 2021: sky-high prices, scandals and acquisitions

The luxury housing market had a strong year in 2021 as high-net-worth individuals continued to buy and sell homes at a quick pace. The market saw big acquisitions, eye-popping deals and exciting new trends. Continue reading

Mohamed Hadid unloads ‘clear and present danger’ spec mansion

The father of supermodels Bella and Gigi Hadid was ordered to tear down the mansion he began building in 2019 along the side of a mountain in Bel Air. Continue reading

Officials move to raze Mohamed Hadid’s Bel Air spec mansion

The father of supermodels Bella and Gigi Hadid began construction on the mansion in 2017. Since then it’s become the target of a criminal case and an FBI investigation. Continue reading