Mohamed Hadid and half-built property on Strada Vecchia (Credit: Getty Images and iStock) The ongoing drama starring spec home developer Mohamed Hadid has once again veered off-script. The Bel Air neighbors suing Hadid have filed a restraining order to halt any demolition work at the half-built Strada Vecchia mansion, the Daily Mail reported. The move […]
Home-value estimator Zillow expands service that puts money where its mouth is
(Credit: Zillow, Pixabay) Within a year, home owners in Miami and seven other U.S. cities will be able to request no-obligation cash offers for their homes from real estate database company Zillow. Seattle-based Zillow Group will introduce its Zillow Offers service in Miami, Minneapolis-Saint Paul, Nashville, Orlando and Portland by the fall. This year, Zillow […]
Gov. Newsom takes shot at NIMBYs with Huntington Beach lawsuit
Governor Gavin Newsom and Huntington Beach (Credit: Getty Images and iStock) California’s new governor has fired off a lawsuit against a defiant Southern California city, proving he is wasting no time in his ambitious goal to build 500,000 new homes per year. Less than a month into office, Gov. Gavin Newsom has directed the state […]
Francesco Aquilini wants $58M for his Bird Streets spec mansion
Francesco Aquilini and a 16,000-square-foot mansion on Robin Drive (Credit: Twitter) Demand for spec mansions in the Bird Streets isn’t what it used to be, but don’t tell that to Francesco Aquilini. The Vancouver Canucks owner and spec developer has completed work on a 16,000-square-foot mansion on Robin Drive and is asking $58 million in […]
Rothschild family sells last of its Austrian empire for more than $105M
(Credit: Getty, iStock) The Rothschild family, which held Europe’s largest private fortune in the early 20th century, has sold the last piece of its Austrian empire 200 years later. The deal was worth more than $105 million, Bloomberg reported. The two trusts that were sold covered some 17,300 acres of forest land in the Lower […]
A year in, Compass is a top 10 firm in Chicago. Not everyone’s sold though
Rob Lehman and Robert Reffkin (Credit: Getty Images, Columbia, and Compass) Compass’ move into Chicago set off alarm bells in the city’s hitherto staid brokerage industry. Now, a year later, the country’s most valuable brokerage on paper is among the top 10 firms in the city by deal volume. But given its ambition, its profile […]