Luxury Market News

WEA in the LA Times

Supermodel-actress Naomi Campbell is leasing a Beverly Hills home at $20,000 a month with an option to buy at just under $3 million. Click here to read more.

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WEA in Entertainment Weekly

5 bedroom 7 bathroom Spanish-style home in Beverly Hills, Price $3.4 million.

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WEA in the LA Times

Sylvester Stallone, who is due to start shooting the movie “Detox” in January, has purchased a newly built home in the Beverly Hills area for about $10 million.

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WEA in the LA Times

Drew Barrymore, who co-stars with Cameron Diaz and Lucy Liu in the upcoming movie version of the ’70’s TV series “Charlie’s Angels,” has put her Beverly Hills-area home on the market at $3.2 million.

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WEA in the Hollywood Reporter

Typically, the upper end of luxury real estate begins at $2 million. A buyer at that level, with good cash flow, can probably borrow 60% to 65% of their sales price; however, most are reluctant to finance more than $1 million, which is the maxi...

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WEA in Variety

Between the two of them, Stephen Shapiro and Kurt Rappaport have sold $1.5 billion in property in Westside’s high-end exclusive neighborhoods.

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WEA in Variety

Almost every star in the biz has had bizness with Stephen Shapiro and Kurt Rappaport, they’ve sold close to $2 billion (that’s with a “B”) in celeb homes, and now they’ve teamed to form Westside Estate Agency (WEA) in Beverly Hills.

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The Sky’s the Limit

Now that the bad times are over, the high-end real estate game is back with a vengeance, played by Hollywood royalty, billionaire CEO’s and warring Realtors.

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WEA in the NY Times Magazine

In Beverly Hills, a house that needs work.

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