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

Luxury mansion on site of Manson murders takes $15M price cut

The Los Angeles mansion originally listed for $85 million in late January. Still unsold in May, the price has been bumped down to $70 million. Continue reading

Seagram liquor fortune heir shells out $35.6M for luxury SoHo pad

Eli Bronfman, the grandson of late billionaire and Seagram chairman Edgar Bronfman Sr., purchased the property from Sam Ben-Avraham, who is founder and chief executive of fashion and lifestyle trade show events company Liberty Fairs. Continue reading

Home owned by Dolly Lenz has ties to Brad, Angelina and the paparazzi

Sold earlier this week for $13.6 million, the former Douglas Elliman vice chair’s home boasts eight bedrooms and a Hollywood connection to Brad Pitt and Angelina Jolie. Continue reading

Ukraine student ends journey with friendship forged in Dallas luxury

When he came to the U.S., Ukraine native Denys Zaitsev couldn’t have anticipated the bond he’d build with Engel & Völkers broker Roxann Taylor — nor the community he’d embrace in Texas. Continue reading

Ember’s app for buyers reflects its approach to simplifying co-ownership: Tech Review

Although not a technology company in the traditional sense, Ember has developed a mobile app to facilitate owner operation, communication and service needs. Continue reading

Palm Springs ‘Poolside Gossip’ home sells for record $13.06M

The tranquil, modernist home that inspired the 1970s photograph by Slim Aarons has sold for a record $13.06 million in Palm Springs in an off-market deal. Continue reading

From ballet to real estate: ‘Workin’ Moms’ star joins Engel & Völkers

Actor and Realtor Jessalyn Wanlim stars on the Netflix show “Workin’ Moms,” but she’s also been a practicing real estate agent in-between acting gigs since 2016. Continue reading

The Agency acquires Triplemint, raises $35M

The deal and funding come amid rapid expansion for Los Angeles-based The Agency. And the firm plans to use the new money to grow even more. Continue reading

Real estate isn’t a piece of cake. So why are we selling that lie?

Why are so many real estate professionals obsessed with messaging that pretends great real estate service is “quick and easy”? According to Compass’s Leonard Steinberg, it’s time to change the narrative. Continue reading