Site for Mohamed Hadid's troubled spec mansion lists for $68M
The LA developer is being forced to sell the 27-acre site, slated for an elaborate mega mansion, after a creditor tried to foreclose on the property and Hadid filed a bankruptcy petition
by Lillian Dickerson Sep 12
Here are the 30 most expensive home sales of 2022
The luxury real estate sector faced its ups and downs as the market entered a period of significant transition, but that didn't prevent luxury clients from making some stellar deals
by Lillian Dickerson Dec 30
Los Angeles, Manhattan sweep biggest city deals of 2022 (so far)
From Beverly Hills to Billionaire's Row, home sales in LA and NYC towered above normally hot Miami and San Francisco, according to an analysis of the top 10 city deals since October 2021
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 1 estate to the next. But as with all real estate, location and size still matter
by Lillian Dickerson May 20
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 $46.76M, below the $50M reserve price set by bankruptcy courts
by Lillian Dickerson May 10
Judge allows sale of troubled mega-mansion, concluding 10-year saga
Approved by a bankruptcy judge Monday, the $126M sales price for 'The One' caps a decade-long saga of construction delays and price overruns. Approval came over objections from creditors
by Taylor Anderson Mar 22
Hyped as America's priciest home, ‘The One’ sells for $126M at auction
Once valued at $500M, the home in the Los Angeles neighborhood of Bel Air was auctioned off earlier this week to pay hundreds of millions in debt accrued during the decade it took to build
by Taylor Anderson Mar 4
America's most expensive home — The One — heads to auction Monday
The 105,000-square-foot mega-mansion is set for auction after a decade of struggles to complete and sell the property, including a failed attempt to turn the property into a crypto currency
by Taylor Anderson Feb 25
Concierge Auctions delays bids on Bel Air mega-mansion 'The One'
Delay on opening bids until Feb. 28 comes as developer Nile Niami makes a last-minute pitch to turn the 105,000-square-foot pad into a digital currency asset
by Taylor Anderson Jan 11
Colossal $295M Bel Air mansion dubbed ‘The One’ set for auction
Real estate developer Nile Niami makes last-minute pitch to create a new digital currency before the 105,000-square-foot property goes to auction next month
by Taylor Anderson Jan 4
How do you serve a client who just won the $731.1M Powerball lottery?
On Thursday, a lottery ticket sold in a convenience store in Lonaconing, Maryland, became the 4th highest jackpot in Powerball history. Odds are, the winner's going to need an agent
Buyers can bid on America's priciest home via Google Forms
One of the application questions for those interested in buying the $350M estate asks from which influencer did bidders learn about the property
Nile Niami finds buyer for $50M Beverly Hills spec mansion
It's one of the most expensive sales in Los Angeles this year
America's most expensive home could be yours for $500M
Ex-movie producer-turned-developer Nile Niami is elevating Hollywood extravagance to new heights
Celebrities, nudity and a camel: The 'home tour' that had it all
Developer Nile Niami held a party to generate buzz around a home he's trying to sell — just don't call it an open house