Luxury Market News

WEA in the LA Business Journal

In another life, Beverly Hills real estate broker Stephen Shapiro may have taken over his family business operating a small chain of movie theaters in Lower Merion, Pa. But Shapiro always knew such a life wasn’t for him, so when his father so...

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Los Angeles Times

Philanthropist Howard Ahmanson once owned this sprawling 1920s estate. Hancock Park already had emerged as a neighborhood for the well-heeled when in 1925 Frederick S. Albertson, an automobile company executive, bought a sprawling piece of real...

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WEA in Smart Business

How Stephen Shapiro Grew WEA to $1 Billion Without Falling into the Slovenly Habits of Corporate Bloat. So when Shapiro and Rappaport opened their high-end agency, they didn’t want to build up a 10,000-employee representation of corporate Am...

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WEA in the LA Business Journal

Real estate broker to the stars (and under-the-radar big shots) Stephen Shapiro has a listing for a mega house on Carbon Beach in Malibu. The asking price: $65 million. The owner isn’t a celebrity, but a low profile mogul named Bill Chadwick,...

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WEA in the Hollywood Reporter

For beleaguered homeowners waiting for a sale, inviting productions onto their properties can provide respite from market woes.

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WEA in the LA Times

In 2007, our average sale price per home soared to a record $4.7 million, and our total sales neared $1 billion.

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WEA in the Wall Street Journal

Movie producer Jon Peters is asking $39.5 million for four adjoining Beverly Hills parcels he bought in 1996 but never fully developed, though he drew up detailed plans.

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WEA in the Wall Street Journal

Hiltons Hotel Chief Executive Christopher Nassetta has paid about $27.5 million for a Californian house formerly owned by NFL-team proprietor Georgia Frontiere, a person with knowledge of the deal says.

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WEA in the LA Times

How fitting for a special effects producer to have a house with “the latest and greatest technology programmed for ease of use”, according to the marketing materials.

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