The most expensive home in L.A. cost Jeff Bezos only 0.13% of his net worth

Los Angeles Times on MSN.com
It’s the tippy top of the market, however, that has been going berserk. “What’s driving it is people with a lot of money,” said high-end real estate broker Stephen Shapiro, co-founder of Westside Estate Agency, with offices in Beverly Hills, Malibu and Miami. “You would think that that is a lot of money for Bezos, but in reality it ...
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Mansion Global Daily: $100M Malibu Mansion, Coronavirus Stunts Hong Kong Housing Market and More

Mansion Global
Residential projects were the strongest performer of the construction sector in January, the data firm found. City A.M. California Voters to Consider Rent Control Expansion California voters will have a rent control expansion measure on the ballot in November, according to its Secretary of State Alex Padilla. Nearly a million signatures were ...
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La Paz Ranch Project Moves Forward With Minor Changes

The Malibu Times
The project originally received development approvals from the Malibu City Council back in 2008. With construction permits in place, those representing the project came to City Hall seeking an approval to update the project’s design and functionality. The commission voted, 5-0, to approve the new amendments, with conditions. “The changes ...
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Daily Dicta: Uh-Oh. Why Is Makan Delrahim’s Name on This Lawsuit?

Law
Gibson Dunn represents Boeing. On Tuesday, firm lawyers including Theodore Boutrous Jr. removed the suit from Los Angeles County Superior Court to U.S. District Court for the Central District of California. According to online property records, Delrahim owns a house in Malibu. In his financial disclosure statements, he values it between $1 ...
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‘Copyright Troll’ Malibu Media Gets Sued By its Former Law Firm

toptutorials.co.uk
This week, Florida-based The Lomnitzer Law Firm sued California-based Malibu Media over their business dealings. According to the lawsuit, in May 2017 Lomnitzer and Malibu entered into an agreement for the former to provide legal services to the latter. While the precise details are to be submitted under seal, the outline is that Lomnitzer ...
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LA County, Malibu Get SoCalGas Grants for Climate Adaptation Planning

MyNewsLA
Los Angeles County and the cities of Malibu and Loma Linda were awarded $50,000 grants by Southern California Gas Co. to support local efforts to prepare for climate change risks such as wildfires, drought, sea level rise and flooding, the utility announced Thursday. “Collaboration between energy providers and local governments will be ...
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A Pin in the Bubble: How Real Estate Will Radically Change In The New Decade

YAHOO!
More from Robb Report Inside the $21 Million NYC Townhouse WeWork's Co-Founder Just Put Up for Sale This $50 Million Malibu Beach Villa Gives You Panoramic Ocean Views ... a realtor at Strand Hill in Southern California. But even there caution is setting in, he says: “Global and political uncertainty causes buyers pause.
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The pickup war escalates as Ram beats Silverado for first time

USA Today
"This is really quite a shake-up and it's uncharted territory for the Ram because it's never been No. 2," just behind the best-selling Ford F-150, said Jeremy Acevedo, an analyst at Edmunds in Santa Monica, California. "It would be like the Chevy Malibu leapfrogging the Honda Accord or Toyota Camry" sedans. Ford Motor Co. reports its sales Monday.
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New York Tops Ultra-Prime List As `Pencil Thin’ Wins

Forbes
It was followed by New York’s Fifth Avenue, with 10 sales averaging $55.7 million. No. 8 was the Pacific Coast Highway in Malibu, California, where there were 10 sales at an average $49.2 million. No. 9 was Hong Kong’s Conduit Road, with 10 sales averaging $43.4 million. No. 10 was South Ocean Boulevard in Palm Beach, California.
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Qatar-backed hotel firm buys Montage Beverly Hills in record deal

The Real Deal
Alan Reay, president of Atlas Hospitality Group, told The Real Deal that the deal is a record breaker in California, with rooms at the luxury resort now valued at $2 million. The Montage sale beat out the previous record of $1.7 million per room back in 2015 when L.A. businessman David Geffen sold the 47-room Malibu Beach Inn for $79.9 million ...
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