His majesty of Malibu: A look at Larry Ellison’s real estate spending spree

Larry Ellison: His majesty of Malibu Oracle CEO Larry Ellison’s staggering number of local properties makes him one of the most powerful people in town July 14, 2017By Katherine Clarke Click to enlarge (Illustration by Daniel Gray-Barnett) Billionaire software mogul Larry Ellison has established himself as the big kahuna on the Malibu real estate scene, […]

Billionaire Ken Griffin revealed as the buyer in Chicago’s highest-priced home sale

Billionaire Ken Griffin revealed as the buyer in Chicago’s highest-priced home sale The founder and CEO of Citadel’s preference for unfinished condos continues January 13, 2018 11:00AM (Credit: Paul Elledge/Wikimedia Commons, front; No9 Walton courtesy JDL Development) From TRD Miami: Daytona Beach-born hedge fund manager Ken Griffin bought the top four floors of JDL Development’s […]

This week in celebrity real estate: Russell Peters chops price of Malibu home, KimYe pump $20M into Hidden Hills digs

This week in celebrity real estate: Russell Peters chops price of Malibu home, KimYe pump $20M into Hidden Hills digs By Natalie Hoberman | January 12, 2018 05:00PM Photo illustration of Kim Kardashian, Kanye West and Russell Peters (Getty Images, MLS) Comedian Russell Peters isn’t joking anymore: He wants to sell. The Canadian listed his […]

Property taxes as charitable deductions? Mnuchin says: Nope

Property taxes as charitable deductions? Mnuchin says: Nope States have looked for ways to soften blow of changes January 12, 2018 08:30AM Treasury Secretary Steve Mnuchin (Credit: Getty Images) Treasury Secretary Steven Mnuchin isn’t having any of this claim-property-taxes-as-charitable-deductions business. To curb the impacts of the new tax law, some states have floated the idea […]

Beverly Hills investors pay $30M for Santa Monica’s Adidas building

Beverly Hills investors pay $30M for Santa Monica’s Adidas building The Third Street Promenade property also home to Burn Fitness By Natalie Hoberman | January 11, 2018 05:00PM Property at 1231-1233 Third Street Promenade (CBRE) A joint venture between Golden West Properties and Starpoint Properties paid $30.3 million to San Diego Promenade Investors to acquire […]

It’s a landlord victory: Costa-Hawkins Act repeal fails

It’s a landlord victory: Costa-Hawkins Act repeal fails The law stops cities from capping rent on new construction By Natalie Hoberman | January 11, 2018 02:45PM California State Capitol Building, David-Chiu and Richard-Bloom (Credit: Wikimedia Commons) Landlords in the Golden State were all smiles on Thursday. A bill that would have repealed the 1995 Costa-Hawkins […]

After a sweet deal with dad, Eric Trump assembles a valuable penthouse

Donald Trump, Eric Trump and 100 Central Park South (Credit: Getty Images and Barlavi Realty LLC) This story was co-published with ProPublica. President Trump’s son Eric is preparing to capitalize on a windfall he received from his father during the presidential campaign: He’s combining three luxury Manhattan high-rise apartments, one of which he purchased at […]