Luxury Market News

Joel Silver Produces Malibu’s Latest Blockbuster with $38-Million Sale

Mega-producer Joel Silver, who knows a thing or two about blockbusters, has recorded one of his own along the sand in Malibu. The noted filmmaker last week sold his oceanfront compound on Carbon Beach for $38 million. He bought the property mo...

Home of The Late Philadelphia Flyers Owner Ed Snider Sells for $35 Million

The Italianate-style home in Montecito, Calif., was originally listed for $52 million. Mr. Snider died at age 83 in 2016. The Montecito, Calif., estate of the late Philadelphia Flyers owner Ed Snider has sold for $35 million, more than a 30% d...

Movie Mogul Roger Birnbaum Lists Beverly Hills Home for $34M

The 8K sf estate with a rich Hollywood history is for sale off-market Roger Birnbaum, a studio producer and executive, is seeking a deep-pocketed buyer for his 8,000-square-foot home in the Trousdale Estates neighborhood in Beverly Hills. Bir...

Bronfman Scion Sells Bel-Air Manse for $85 Million

Ellen Bronfman Hauptman and Andrew Hauptman Closed the Deal on A 19,000-Square-Foot Modernist House and A Paul Williams-Designed Guesthouse. The daughter of billionaire Seagram heir Charles Bronfman sold her Los Angeles estate for $85 million ...

WEA Micro Market Report | Q1 2018

How High Can L.A. Home Prices Get?

With California claiming 5 out of 10 spots on the Forbes’ list of America’s Top 10 Priciest Zip Codes, it’s no secret that the beautiful city of LA boasts some of the most luxurious homes in the country–and the most expensive, too. Sinc...

Late Paramount CEO’s Los Angeles Home Seeks $77.5 Million

The Los Angeles home of the late Hollywood studio executive Brad Grey is seeking $77.5 million. Mr. Grey died of cancer at age 59 in May of 2017, a few months after he stepped down as chief executive of Paramount Pictures. He and his wife Cass...

California Is Well Represented On The Most Expensive Zip Codes of 2017

The luxurious state of California is home to some of the most expensive zip codes in the country. It looks like Beverly Hills, Bel Air, and Malibu aren’t the only California cities that have staggeringly beautiful, luxurious homes. In fact, m...

WEA Reads: How to Close a Real Estate Deal Using Bitcoin & More

Here’s what we’ve been reading around WEA offices this past week: How to close a real estate deal using Bitcoin Estate sales are finding new life with millennial buyers Home truths