Location: Americas
LA mansion sells to ‘homeless billionaire’, setting an auction price record
Once home to newspaper magnate William Randolph Hearst and honeymoon destination for JFK, LA's Beverly House has sold at a bankruptcy auction for a reported $63.1 million.
A new place to call home: Seven perspectives on global residential property market shifts
“The pandemic has sent shockwaves through residential property markets across the globe," says Savills, as seven of its most insightful experts share their thoughts on how shifting priorities and lifestyle…
Mandarin Oriental confirms new standalone resi project in Beverly Hills
The luxury hospitality group’s first standalone resi project on the US West Coast, at 9200 Wilshire Boulevard, will be delivering 54 top-end units designed by UK-based studio 1508 London.
Once pitched at $500m, Bel Air spec ultra-mansion reportedly in receivership
Nile Niami's 100,000 sq ft private palace project, "The One", has reportedly gone into receivership.
Canadian PM pitches two-year ban on foreign property buyers
“You shouldn’t lose a bidding war on your home to speculators," declared Canadian Prime Minister Justin Trudeau at an election campaign event. "It’s time for things to change.
In Pictures: William Pereira ‘masterpiece’ in LA seeks $21.5m
Byrdview is one of only four homes designed by the renowned architect, and was once owned by Frank Sinatra.
Steve McQueen’s former beach house goes for $12m
Malibu getaway once owned by the ‘King of Cool’ has direct access to Broad Beach.
Luxury estate on Hawaii’s Secret Beach heads to auction with no reserve
In Pictures: This 34-acre swathe of Hawaii's North Shore has near-exclusive access to the renowned Secret Beach and comes with three houses - plus zoning to build five more.
‘Condominium for cars’ rolled out in Manhattan
Priced at up to $350k, the 185-square-foot spaces are being pitched as ‘an investment in convenience’
Is this the last property boom? Economists predict ‘the death of house price cycles’
Property markets are surging around the world. But "there are good reasons to think this will mark the last house price boom for the next 30 years," says Capital Economics.
Douglas Elliman names new CEO
Scott Durkin takes the helm at the high-profile US brokerage as Dottie Herman steps down after 18 years.
‘Cities are springing back to life’: Super-prime property sales surge around the world
"We expect super-prime sales to end 2021 on a high," says Knight Frank, as it flags a significant jump in US$10m+ deals across seven major global wealth hubs so far this year.