Concentrated in Florida and California, the year's biggest residential sales featured high-profile buyers eager to secure investments with ample square footage, pedigree and prime locations
Properties on this year's list reaffirm that ultra-luxury buyers have little concern over owning homes in areas prone to natural disasters since they have the means to rebuild, if necessary
The 6,300-square-foot unit was purchased by Hong Kong-based private equity exec Terence Chan, and initially asked more than $70M. Tal Alexander of Official repped the buyer
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