Koch family unloads Montana ranch to Rupert Murdoch for $200M

Murdoch and wife, Jerry Murdoch, bought the 340,000-acre working Montana ranch from Matador Cattle Co., a subsidiary of Koch Industries, the Wall Street Journal reported. Continue reading

How do male luxury agents stay svelte? Hint: Don’t rule out Spanx

Luxury agents will tell you there’s an expectation to maintain an appearance that evokes a particular lifestyle. Will Spanx for male agents be the next step? Continue reading

It takes LeBron James 16 hours of work to afford a home. Conor McGregor can buy 1 in half the time

Multimillion-dollar salaried athletes like Stephen Curry and Tiger Woods can save up enough money for the average-priced American home within a few hours, a new study shows. Continue reading

Is the Peloton room on its way out?

Peloton sales are down, and homeowners may be turning away from their pandemic exercise rooms, agents told Inman following a lackluster earnings report Thursday. Continue reading

$177M Malibu home sale sets new California record

The sale of fashion mogul Serge Azria’s 7-acre property in Malibu, California, for $177 million, has set a new record in the golden state. The buyer was venture capitalist Marc Andreessen. Continue reading

Zillow hits brakes on buying new homes for remainder of 2021

Zillow said labor and supply issues in the market have created an “operational backlog for renovations and closings.” The pause will enable the company to catch up on its existing contracts. Continue reading

The 20 biggest luxury mountain sales of 2021 (so far)

Traditional mountain resort towns like Aspen and Vail were extremely popular in 2021 with ultra-rich buyers looking for places to wait out the pandemic. Continue reading

Joshua Kushner and Karlie Kloss buy family-owned NYC penthouse

The penthouse of the storied Puck building in Manhattan’s Nolita neighborhood comes with 5,100 square feet of outdoor space Continue reading

Brooklyn Nets owner, Alibaba founder secretly buys $157M condo

Joe Tsai, who cofounded the Chinese shopping behemoth Alibaba alongside Jack Ma, made the United States’ most expensive real estate sale so far. Continue reading