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

Marilyn Monroe home slated for demolition is saved — for now

The L.A. City Council filed an emergency motion Friday to establish the home as an Historic-Cultural Monument to avoid demolition after thousands of concerned citizens registered their complaints. Continue reading

Lux CEO, former fashionista joins Christie’s International Real Estate

Luxury agent Shelton Wilder, CEO of the Shelton Wilder Group, joins Aaron Kirman at AKG | Christie’s International Real Estate after closing $150 million in sales volume in 2022. Continue reading

Marilyn Monroe’s former LA home poised for demolition

The Brentwood property where Monroe died from an overdose in 1962 dates back to 1929 and still has original architectural features like beamed ceilings, terracotta tile floors and casement windows. 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

Henry Horn Group decamps for Compass in bid to build luxury biz

Rebranded as HHG | Compass, the 12-agent team hails from Corona Del Mar, California-based luxury brokerage Residential Agent, Inc. with operations spanning San Francisco to Los Angeles. Continue reading

Los Angeles apartment owners sue over COVID rent freeze

The suit from the Apartment Association of Greater Los Angeles argues that the city’s rent freeze rule robs property owners of income and due process. 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