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

Los Angeles, Manhattan sweep biggest city deals of 2022 (so far)

From Beverly Hills to Billionaire’s Row, home sales in L.A. and NYC towered above normally hot Miami and San Francisco, according to an analysis of the top 10 city deals since October 2021. Continue reading

When mansion prices touch the sky, what does an extra $100M mean?

Hubris and a lack of comparables at the highest echelons frequently collide for inexplicable price differences from one estate to the next. But as with all real estate, location and size still matter. Continue reading

Debt-ridden Bel Air mega-mansion fails to nab $50M target at auction

As of the auction’s closing bid on Monday, celebrity botox doctor Alex Khadavi’s Bel Air mansion had gone for $46.76 million, below the $50 million reserve price set by bankruptcy courts. Continue reading

Nile Niami finds buyer for $50M Beverly Hills spec mansion

Known for his over-the-top L.A. mansions, real estate developer Nile Niami has sealed a deal for his 20,500-square-foot Opus mansion in Beverly Hills. Continue reading

Nile Niami finds buyer for $50M Beverly Hills spec mansion

Known for his over-the-top L.A. mansions, real estate developer Nile Niami has sealed a deal for his 20,500-square-foot Opus mansion in Beverly Hills. Continue reading

Celebrities, nudity and a camel: The ‘home tour’ that had it all

Last weekend, the luxury developer Nile Niami hosted an extravagant home tour for his 14,000-square-foot home just off L.A.’s Sunset Strip. Continue reading