Luxury Market News

WSJ: Howard Ruby’s Italian Villa in Bel-Air Hits the Market for $45 Million

An Italianate Los Angeles estate owned by corporate housing magnate Howard Ruby and his wife, actress Yvette Mimieux Ruby, is coming on the market for $45 million, according to the listing agent. Located in the Bel-Air neighborhood, the estate...

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WEA Micro Market Report – Q1 2021

Micro Market Report Los Angeles & Miami Issue #39 4/27/21 for Q1 Statistics

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LA Times: Will Arnett Wants $8 Million for Beverly Hills Smart House

“Arrested Development” actor Will Arnett is trying to take advantage of the seller’s market in Southern California. Records show he paid $2.86 million for the property in 2015, and the architectural gem was finished two years later. Clad...

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Vice’s Shane Smith Sells Compound for $48.67 Million, a Palisades Record

Media mogul Shane Smith just made real estate history in Pacific Palisades, unloading his prized compound for $48.67 million — an all-time record for the coastal community. It’s the priciest sale the neighborhood has ever seen by a large m...

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Former Starz, HBO Chief Chris Albrecht Sells Palisades Estate for $16.25 Million

Media executive Chris Albrecht, who’s led both HBO and Starz during his four decades in the industry, just sold his Pacific Palisades retreat for $16.25 million — good for the third-priciest transaction in the coastal community this year. ...

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Ellen DeGeneres Sells Beverly Hills Home She Bought from Adam Levine

The couple has owned upwards of 20 homes, and over a month ago, they put their extravagant Beverly Hills estate on the market. As of today, the WSJ reports that the home has officially sold for about $47 million. Even though it was purchased b...

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WSJ: After $100MM Malibu Purchase, WhatsApp Co-founder Jan Koum Pays $87MM for the Home Next Door

The Clifftop Property Includes a Funicular Down to The Ocean that Was Built by Late Country Singer Kenny Rogers Jan Koum, the co-founder of WhatsApp, is paying $87 million for a Malibu, Calif. mansion right next door to one he already owns, ac...

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LA Times: Beverly Hills Mansion Built by Alleged ‘wolf of Wall Street’ Embezzler Sells for $27.4MM

This 13,000-square-foot mansion in Beverly Hills has a new owner — one who wasn’t accused of laundering about $250 million from a Malaysian government investment fund and using the stolen cash to produce “The Wolf of Wall Street.” It�...

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NYT: Join Us in Miami! Love, Masters of The Universe

Arting a business in his town, credited a combination of the federal cap on state tax deductions, Covid-19, and leftward-moving politics in New York and San Francisco for making the Miami moment happen. “Not only are you seeing more and more...

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