Buy & Sell
China Home Prices Accelerate in March on Government Imposed Property Curbs; Beijing and Shanghai Step Up to Cool Market
Late Billionaire Teddy Forstmann’s Southampton Estate Under Contract for $28.5 Million
Update: Martin Zweig’s Pierre Penthouse to Officially Ask for $125 Million
EDITOR'S PICKS
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Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
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Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
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How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
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What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
Housing market recovery is more than an optimistic dream now; it’s a reality with tangible components. Existing home sales increased for the 20th consecutive month and existing home prices have beaten last year levels for the 12th consecutive month, as well. Update: Cole Credit to Consider American Realty’s $6.7 Billion Buying Bid; Shareholders Request Blocking Internal Merger
The Buyout bid of American Realty Capital Properties to take over Cole Credit Property Trust is now seeing some improvements. Cole Credit will be considering the increased and improved takeover offer worth $6.7 billion.Additionally, shareholders of Cole Credit have filed a lawsuit against the company seeking to block the Cole Holdings internal Merger. Hedge Fund Manager Steven A Cohen Snags Hamptons Property for $60 Million
Famous hedge fund manager and founder of SAC Capital Advisers, Steven A Cohen has purchased a water-front property in east Hampton, Long Island for a solid $60 million. The purchase comes just after he listed his apartment in the Bloomberg Tower in Manhattan for a whopping asking price of $115 million. Brooke Shields Dropping $4.3 Million on Southampton Home
Brooke Shields of the “Blue Lagoon” fame is reportedly under contract to buy a charming two-story single-family residence in the Southampton neighborhood of New York for $4.3 million. Shields and husband Chris Henchy are purchasing the property from former American football tight end, Vyto J. Kab. LA Lakers Owner Jerry Buss Leaves Hawaiian Condo and Bentley to Young Girlfriend
Jerry Buss, the dynamic owner of the famous NBA team, LA Lakers is in the news again, after a month of his demise. Buss has reportedly left a swanky condo in Honolulu and a 2009 Bentley car for his much-younger and “longtime” girlfriend, Delia Cortez. InterContinental Hotel Group Agrees to Sell London Park Lane for $457 Million
Intercontinental Hotel Group (IHG), the world’s largest hotel group by room count has reportedly agreed to sell its controlling stake in the London Park Lane hotel, located near Hyde Park and Buckingham Palace, London for $457 million. The buyer is said to be Constellation Hotels, a part of Qatar Holding Investment fund. Larry Ellison Selling Lake Tahoe Mansion For $28.5 Million
Oracle billionaire Larry Ellison has listed his 2.62-acre compound on the east shore of Lake Tahoe for $28.5 million, according to reports. Lloyd Wright-Designed Home Hits Market $4.5 Million
The Lloyd Wright-designed 1928 Samuel Novarro estate in Los Feliz has been listed for $4.495 million. The house was designed by Frank Lloyd Wright's son and has had several celebrity owners including Diane Keaton and Christina Ricci. Chinese Mother Buys $6.5 Mln Manhattan Apartment for Two-Year-old Daughter
A high-level executive at Sotheby's International Realty recently revealed to China's state television broadcaster that he personally helped a Chinese mother buy a $6.5 million Manhattan apartment for her daughter. Cher’s Malibu Mansion on Sale for $41 Million (PHOTOS)
The “Moonstruck” actress, Cher has definitely been struck by a real estate thunder. Just days after news of her Venice home hitting the listing market surfaced, her Malibu manse is also up for grabs, albeit quietly, for a good $41 million.