Real Estate

Adele Gets a “Steal” on Sylvester Stallone’s Beverly Park Mansion

Adele Gets a “Steal” on Sylvester Stallone’s Beverly Park Mansion

BY  JAMES MCCLAIN, DIRT.COM Troy Warren for CNT #RealEstate  #Lifestyle While the deal has not yet closed, the singer made a $58 million offer for the 30,000-square-foot property, which originally hit the market for $110 million. She’s rolling in the deep dough! Over the weekend, TMZ broke the news that Adele has made a lowball offer to buy Sylvester Stallone’s extravagant 90210 estate. While the deal has not yet closed — Adele is reportedly still mired in the all-important inspections phase of escrow — the star has agreed to pay somewhere in the neighborhood of $58 million for the house. Once she signs off on…
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Paul Allen’s Former Enchanted Hill Estate Sells for $65M

Paul Allen’s Former Enchanted Hill Estate Sells for $65M

BY DEGEN PENER | HollywoodReporter.Com Troy Warren for CNT #RealEstate The 120-acre property in Beverly Hills, once home to a storied Wallace Neff residence designed for 1920s screenwriter Frances Marion and silent film cowboy Fred Thomson, first hit the market in 2018 for $150 million. Enchanted Hill — the onetime site of a famed Wallace Neff home built for Oscar-winning screenwriter Frances Marion and silent film cowboy Fred Thomson —  has just sold for $65 million. Listed with Hilton & Hyland, the property, which spans 120 acres on a Beverly Crest ridge, has only had three other owners since the Hollywood couple…
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Kirk Douglas Estate, Listed for $7.5M, Includes Personal Walk of Fame (Exclusive)

Kirk Douglas Estate, Listed for $7.5M, Includes Personal Walk of Fame (Exclusive)

BY DEGEN PENER | HollywoodReporter.Com Troy Warren for CNT #Entertainment  #RealEstate  #EditorsPicks The Beverly Hills home where the late actor and his wife Ann lived includes a garden path featuring stones autographed by everyone from Lucille Ball and Dean Martin to Ronald Reagan. The Beverly Hills home owned by iconic actor Kirk Douglas and his wife Ann — who passed away within months of each other in 2020 and 2021, each in their 100s — has hit the market. Listed with Rochelle Atlas Maize of Nourmand & Associates for $7.495 million, the four-bedroom, 4,648-square-foot residence includes a one-of-a-kind feature: a sort of personal Hollywood Walk of Fame…
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3 Minor Repairs That Have the Most Impact When Selling Your Home

3 Minor Repairs That Have the Most Impact When Selling Your Home

By Kit Selzer and Rachel Wermager | BHG.Com Troy Warren for CNT #HomeGarden  #RealEstate These might seem like small details, but buyers will definitely notice. While preparing your home to sell, you're likely focused on the big-ticket items that have the highest impact on potential buyers. Real estate agents often tout the benefits of freshly painted walls, an updated kitchen, and new carpeting to boost your home's appeal. While these kinds of tasks (along with decluttering and a hefty deep-cleaning) can be incredibly important to a successful sale, you don't want to forget about the smaller, often overlooked areas of your home. Even the tiniest drip of…
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How to Make a Vacation Home Your Most Lucrative Investment

How to Make a Vacation Home Your Most Lucrative Investment

By  Rebecca Deurlein | BHG.Com Troy Warren for CNT #HomeGarden  #RealEstate Passive income, family time, handsome profits upon selling—if you do it right, your vacation home can do it all. These tips from finance and real estate experts will help maximize your returns. When my husband and I bought our first vacation property, it was 2004, and we had been looking for an affordable ocean-front condo for a long time. The minute we opened the front door and saw the expanse of ocean before us, we were sold. A month later, we placed the condo in a rental program and started collecting monthly income.…
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The 15 best virtual tour software for real estate to whip up more buyer interest

The 15 best virtual tour software for real estate to whip up more buyer interest

By Beth Townsend | JamesEdition.Com Troy Warren for CNT #RealEstate  #Business The future of property tours is virtual – are you ready? Two out of three people want more virtual tours according to certified Google Street View Trusted photography CPCP. Their survey found 67% of respondents want more business listings to have virtual tours. In real estate, virtual tours have become much more common as a result of COVID-19 but it’s a trend that is set to stay and has a real benefit for listings and attracting high-quality buyers and investors. Travel restrictions were a key driver behind virtual tour adoption,…
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Home Depot sales surge in hot housing market

Home Depot sales surge in hot housing market

By MICHELLE CHAPMAN, Associated Press Troy Warren for CNT #Business #RealEstate Home Depot’s sales continued to climb through the third quarter with the U.S. housing market red hot. Revenue rose 9.8% to $36.82 billion, exceeding the $34.97 billion Wall Street had expected, according to a survey by Zacks Investment Research. Sales at stores open at least a year, a key gauge of a retailer's health, jumped 6.1%, also better than expected. Those sales rose 5.5% in U.S. stores. Home Depot Inc. earned $4.1 billion, or $3.92 per share, easily topping projections of $3.41, as well as last year's quarterly profit of…
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Cinespace Studios Sold for $1.1B to TPG Real Estate

Cinespace Studios Sold for $1.1B to TPG Real Estate

BY ETAN VLESSING | HollywoodReporter.Com Troy Warren for CNT #Business #RealEstate The soundstages for Dick Wolf's 'Chicago Fire' and Netflix's 'Umbrella Academy' have been picked up by the real estate investor amid a streaming content boom. TPG Real Estate Partners has purchased studio campuses in Toronto and Chicago belonging to Cinespace Studios, home to production of major films and TV series like Dick Wolf’s Chicago Fire, Chicago PD and Chicago Med, Netflix’s Umbrella Academy and MGM’s The Handmaid’s Tale. Terms of the deal were not disclosed, but it’s understood from a source close to the transaction that the real estate equity investment arm of asset firm TPG paid around…
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Maui Wowie: Jeff Bezos Reportedly Buys $78M Compound in Hawaii

Maui Wowie: Jeff Bezos Reportedly Buys $78M Compound in Hawaii

By Claudine Zap | Realtor.Com Troy Warren for CNT #RealEstate   The founder of Amazon, Jeff Bezos, just added another property to his cart. The billionaire and his partner, Lauren Sánchez, recently picked up a 14-acre estate on the island  of Maui. The cost of the off-market transaction was said to be in the neighborhood of $78 million, Dirt reported. Bezos, whose company Blue Origin has launched him and a number of lucky guests into suborbital space, appears to enjoy the earthly delights of the the tropical paradise. Sweet spread Known as the Carter estate, the property is located on the island’s southern shore. Set on…
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Los Angeles: Meet L.A. Real Estate’s Rising Stars

Los Angeles: Meet L.A. Real Estate’s Rising Stars

BY SYDNEY ODMAN | HollywoodReporter.Com Troy Warren for LosAngelesNewsAndTalk.Com #RealEstate This crop of next-gen names have done deals for Pink, Kenya Barris, Justin Bieber and Nahnatchka Khan. Six emerging heavy hitters on the Hollywood real estate scene — Aaron Kirman Group’s Dalton Gomez, RE/MAX’s Shavonda Hill, Compass’ Lily Harfouche, The Agency’s Cooper Mount and Douglas Elliman duo Learka Bosnak and Heather T. Roy — all emphasize one marker of success in the business: discretion. Hill, who represented Kenya Barris in two transactions this year, has established herself as a go-to for high-profile buyers through word-of-mouth. “A lot of them want privacy and anonymity…
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