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Sotheby’s Concierge Auctions Receives Who’s Who in Luxury Real Estate ‘Significant Sale’ LRE® Award

Luxury Auction Firm Honored for World-Record Sale of ‘The One’ in Bel Air, California, America’s largest residence, sold at auction. NEW YORK, NEW YORK, UNITED STATES, October 3, 2022 /EINPresswire.com/ -- On September 22nd, Who’s Who in Luxury Real Estate announced the LRE® Awards at the 25th Annual Luxury Real Estate Fall Conference in Seattle, Washington. Each year, Who's Who in Luxury Real Estate honors their members and partners for their accomplishments and contributions to the industry. The ‘Significant Sale’ award was bestowed upon six members who have had the most noteworthy sale of a single property within the last year. Sotheby’s Concierge Auctions was one of the winners for this award for their World Record-Breaking Sale of ‘The One’ in Bel Air, California in cooperation with Aaron Kirman of Aaron Kirman Group at Compass and Branden and Rayni Williams of Williams & Williams at The Beverly Hills Estates. The auction for ‘The One’ closed in March after a competitive field of bidder activity for $141 million, more than double the highest U.S. sale at auction and nearly 50% more than the world record for the highest price ever achieved for a residence at auction. “It is an honor for our team to receive such an esteemed award from the prestigious Who’s Who in Luxury Real Estate for the sale of ‘The One’. It was a pleasure to collaborate with top agents Aaron Kirman and Branden and Rayni Williams on this sale,” stated Chad Roffers, Sotheby’s Concierge Auctions President. “It is an honor for our team to receive such an esteemed award from the prestigious Who’s Who in Luxury Real Estate for the sale of ‘The One’. It was a pleasure to collaborate with top agents Aaron Kirman and Branden and Rayni Williams on this sale,” stated Chad Roffers, Sotheby’s Concierge Auctions President. For more information on current offerings, visit casothebys.com or call +1.212.202.2940. About Sotheby’s Concierge Auctions Sotheby’s Concierge Auctions is the world’s largest luxury real estate auction marketplace, with a state-of-the-art digital marketing, property preview, and bidding platform. The firm matches sellers of one-of-a-kind homes with some of the most capable property connoisseurs on the planet. Sellers gain unmatched reach, speed, and certainty. Buyers receive curated opportunities. Agents earn their commission in 30 days. In November 2021, the firm was acquired by Sotheby’s, the world’s premier destination for fine art and luxury goods, and Anywhere Real Estate, Inc (NYSE: HOUS), the largest full-service residential real estate services company in the United States, holding a joint 80 percent ownership stake. Now Sotheby’s Concierge Auctions, the firm operates independently, partnering with real estate agents affiliated with many of the industry's leading brokerages to host luxury auctions for clients. Since Sotheby’s Concierge Auctions’ inception in 2008, it has generated billions of dollars in sales, broken world records for the highest-priced homes ever sold at auction and conducted auctions in 46 U.S. states and 32 countries. The firm owns one of the most comprehensive and intelligent databases of high-net-worth real estate buyers and sellers in the industry, and it has committed to build more than 300 homes through its Key For Key® giving program in partnership with Giveback Homes™, which guarantees that for every property the company sells, a new home is funded for a family in need. For more information, visit casothebys.com. https://www.einnews.com/pr_news/594034830/sotheby-s-concierge-auctions-receives-who-s-who-in-luxury-real-estate-significant-sale-lre-award

Inside The Largest Home In US: $141M California Mansion’s Electricity Hits $50,000 Monthly

KEY POINTS -The Bel-Air home known as "The One" was once planned to be listed at $500 million by developer Nile Niami -Fashion Nova CEO Richard Saghian purchased the mega mansion for $141 million at auction in March -The home comes with a bowling alley, a movie theater, a candy room and a 4,000-square-foot guesthouse The 105,000-square-foot California mansion known as "The One" is one of the most expensive houses ever bought in the U.S., fetching $141 million. Maintaining the property and living in it apparently cost an arm and a leg too. The mega mansion in the hills of Bel Air has 21 bedrooms and 42 full bathrooms. It comes with a pantry, a bowling alley, a movie theater, a candy room, a 4,000-square-foot guesthouse, a sky deck with cabanas, a nightclub and a full-service beauty salon and spa. Lawrence Castillo, president of the heating and air-conditioning company Brody Pennell, estimated that the home's electric bill would be around $50,000 when it is operating at full capacity, according to the Los Angeles Times. Castillo told the publication that to keep a house like "The One" cool, it may need up to 50 HVAC systems. "In theory, a 100,000-square-foot home would have the same energy bill as 40 2,500-square-foot homes," he said. "That's two city blocks' worth of houses to cool one property." The mansion's electric bills would be even bigger because of the many luxurious spaces it offers. There is the energy needed to power the various appliances and machines, including the pool filters and pumps, water fountains, elevators, refrigerators, media rooms and electric vehicle chargers. Castillo also pointed out that having higher ceilings would mean increased volume that needs to be cooled. In March, retail company Fashion Nova CEO Richard Saghian purchased the mega mansion, once planned to be listed at $500 million by developer Nile Niami, for $141 million, the most ever paid for a home at auction in the U.S., according to the L.A. Times. Saghian snatched up the home at half its listing price of $295 million It took over 10 years to build the mansion, which has created massive debt for Niami, who experienced cost overruns and many delays. Niami's development company Crestlloyd, which owned the property, put the mansion into bankruptcy last year. Delays, foreclosure proceedings and the lack of certificate of occupancy made it increasingly difficult to find a buyer. The 105,000-square-foot home is the largest in Los Angeles, and the fourth largest sale in California's history, according to Forbes. Hedge fund tycoon Ken Griffin's $238 million New York penthouse still holds the record of the most expensive home ever bought in the U.S. Co-listing agent Aaron Kirman of Aaron Kirman Group at Compass reportedly showed the home to over 40 billionaires from around the world, but when it came time to enter the auction, just five bidders joined. https://www.ibtimes.com/inside-largest-home-us-141m-california-mansions-electricity-hits-50000-monthly-3619621

The Hollywood Reporter’s Power Broker Awards Recognize L.A.’s Top Real Estate Agents

Jason Oppenheim and Mary Fitzgerald of 'Selling Sunset' hosted the event, which was held Tuesday night at Heimat in the Hollywood Media District. “It’s great you got all of us lunatics together!” joked realtor James Harris of Bond Street Partners at The Agency. This feeling of gratitude and jovial collegiality was in the air at The Hollywood Reporter’s second annual Power Broker Awards, presented by The Society Group and sponsored by ASH Staging and the REAL real-estate messaging app on Sept. 20. New blood and established legends exchanged hugs and deals at the ceremony, which was held as a private event at private members fitness club Heimat in the Hollywood Media District. The honors were held in conjunction with THR’s 2022 list of Hollywood’s Top 30 Real Estate Agents, honoring top sellers in the greater Los Angeles area based on MLS-listed sales to Hollywood clients, overall deal volume and media visibility. The awards were hosted by Selling Sunset stars Jason Oppenheim and Mary Fitzgerald — with Oppenheim finding an opportunity to gently rib the Altman brothers for being absent (absent since the Altmans, stars of a competitor series, Bravo’s Million Dollar Listing: Los Angeles, were flying back from Dubai). Rayni Williams and Branden Williams of The Beverly Hills Estates, winners of the Celebrity Property Portfolio Award, expressed their excitement at being honored by the magazine. “We always say, ’The properties are the stars, these illustrious properties … and of course our famous clients,’” Rayni said in her acceptance speech. “And we get nothing, right? We are just here working and grinding, and we all get to do it together, which is so fun. So, it’s very nice to be acknowledged. So, thank you all. ”The awards were hosted by Selling Sunset stars Jason Oppenheim and Mary Fitzgerald — with Oppenheim finding an opportunity to gently rib the Altman brothers for being absent (absent since the Altmans, stars of a competitor series, Bravo’s Million Dollar Listing: Los Angeles, were flying back from Dubai). Additional Power Broker Awards winners included Westside Estate Agency co-founder Kurt Rappaport, who won the Stratospheric Sale Award for a $177 million transaction in Malibu (the second-highest-priced sale in the U.S. in 2021), and Hilton & Hyland’s Linda May, who won the Agent of Historic Architecture Award, presented by Andrew Bowen and Samantha Atlas of ASH Staging. May’s deals in the last 12 months included sales of the Paul Williams-designed Bellagio Estate, the late Yvette Mimieux’s Il Sogno property and the Hearst Estate. Oppenheim noted the importance of the list, now in its 10th year, in his own career. “I remember when this list first came out, I was so far from being on any type of list and this was the ultimate list,” he says. “I studied it. I read everything everybody said. I knew all the agents on it, and I honestly never dreamed at the time that I would ever make it. It’s actually personal to me, I love it.” He also credited an ad he had placed in The Hollywood Reporter with helping him land Selling Sunset, now with its own spinoff, Selling OC. He also paid tribute to Joyce Rey of Coldwell Banker, recipient of the Philanthropic Impact Award, for her mentorship in his early days as an agent. In her touching acceptance speech, Rey spoke movingly of the way her career as a high-powered agent has enabled her to give back to the community at large.

Sotheby’s Concierge Auctions Announces H1 Results

Sotheby’s Concierge Auctions enters the second half of 2022 with record-breaking sales and new brand, further aligning itself with its new ownership. In November 2021, we were honored to be acquired by Sotheby’s and Realogy, two of the most established and renowned companies in the industries that we serve—real estate and auction.”— Laura Brady, Co-Founder and Chief Executive Officer NEW YORK, NEW YORK, UNITED STATES, September 19, 2022 /EINPresswire.com/ -- Sotheby’s Concierge Auctions enters the second half of 2022 announcing its new brand and achieving record results, including a world record for highest price for the sale of ‘The One’, America’s largest residence. As the leading global luxury real estate auction marketplace, with the industry’s most comprehensive databases of high-net-worth property connoisseurs, the firm matches sellers of one-of-a-kind properties with many of the world’s most capable buyers via a state-of-the-art digital marketing, property preview, and bidding platform. Even in the world’s fluctuating real estate market, Sotheby’s Concierge Auctions continues to grow its team, expand its global footprint, and invest in its corporate development initiatives—all while remaining more committed than ever to it’s Key For Key® giving program with Giveback Homes to provide homes for families in need. In the first half of the year, the firm’s sales volume grew 55% over H1 in 2021. Its digital bidding platform processed over $1.7 billion in global bids, with nearly $300 million in sales and an 80% conversion rate. New Brand Announcement On June 1, 2022, Concierge Auctions announced its new brand as Sotheby’s Concierge Auctions, following the firm’s joint partnership acquisition in November 2021 by Sotheby’s, the world’s premier destination for fine art and luxury goods, and Anywhere Real Estate, Inc. (NYSE: HOUS), the largest full-service residential real estate services company in the United States. The new name and brand further aligns the leaders in auction and real estate in their commitment to accelerate the future growth of the luxury real estate auction marketplace, combining the 14-year recognition of Concierge Auctions as the leading global luxury real estate auction marketplace with the established history of Sotheby’s as the world-leader in luxury auctions, all while keeping real estate agents at the center. “In November 2021, we were honored to be acquired by Sotheby’s and Realogy, two of the most established and renowned companies in the industries that we serve—real estate and auction. Since then, we have evolved into a new brand, and continue to service both existing and new clients worldwide,” said Laura Brady, Co-Founder and Chief Executive Officer. Expansion and Growth Sotheby’s Concierge Auctions continues to expand in the luxury real estate market. In the first quarter, the firm announced that Jeff Rhoades and Jana Willardsen joined the company’s business development team. As industry veterans, Rhoades and Willardsen have primarily focused on bringing in new business and building and growing strategic relationships. “As we continue to grow our dominant footprint and focus on further positioning our sales alongside the finest luxury items in the world, we are prioritizing building the strongest and most talented team experienced in developing long term relationships and delivering phenomenal client experiences,” said President Chad Roffers. In the second quarter, Sotheby’s Concierge Auctions announced two additional key sales hires as part of its continued international expansion. Zackary Wright, former Executive Director for Christie’s International Real Estate and former Senior Vice President of Sotheby’s International Realty, and Charlie Smith, owner of London Real Estate Advisors (LREA) and former Managing Director for Sotheby’s International Realty. With seasoned experience in the global luxury real estate market and over 25 years in the industry, Wright serves as Executive Vice President, Private Client Group, Asia Pacific, leading corporate development strategy and relationship management of the firm’s high-net-worth clientele. Having served as a Strategic Advisor for Sotheby’s Concierge Auctions for the last five years, Smith leads the firm’s growing international presence as Executive Vice President, EMEA. The firm has experienced great success in Europe, with more than €230 million and 40-plus sales spanning the UK, Portugal, Switzerland, France, Italy, Spain, Croatia, Dubai, and Morocco, among others. The firm also appointed a new Chief Financial Officer, Thomas McCauley, and nearly 30 new hires and promotions across its sales, operations, human resources, and marketing teams. Not only did Sotheby’s Concierge Auctions expand its team, but it also grew its global activity in Japan and Croatia. The firm now operates in a total of 32 countries and 46 U.S. states. Achievements Sotheby’s Concierge Auctions reached several notable achievements in the first half of the year. The firm was honored with Inman’s ‘Best City Sale’ 2022 Golden I Award for its World Record Sale of ‘The One’ in Bel Air, California in cooperation with Aaron Kirman of Aaron Kirman Group at Compass and Branden and Rayni Williams of Williams & Williams at The Beverly Hills Estates. To add on to the firm’s accomplishments, it also won eight Telly Awards for excellence in film production and the most innovative stories being told across all screens. To date, Sotheby’s Concierge Auctions has won 46 Tellys. Record Breaking Sales Sotheby’s Concierge Auctions continued to break records in 2022, including the world record for the highest price ever achieved for a residence at auction with the aforementioned sale of ‘The One’, America’s largest residence. The over $141 million sale price was nearly 50% higher than Sotheby’s Concierge Auctions’ previous world record for Villa Firenze in Beverly Hills, California last year. “We have established an unbeatable platform that delivers sellers and buyers a time-certain and efficient sale. In a world of limited inventory and multiple offers, our platform is the most efficient way to connect buyers and sellers," added Sotheby’s Concierge Auctions President, Chad Roffers. H1 2022 marquee sales include: 75-877 Keaolani Drive | Kona Coast, Big Island, Hawaii Sold for $5.24M In cooperation with Carrie Nicholson of Hawaii Life Real Estate Brokers 295 Worth Avenue | Palm Beach, Florida Listed for $19.5M In cooperation with Saira Gonzalez Rosado of Izamal Real Estate 56-1089 Kamehameha Highway #16-19 | North Shore, Oahu, Hawaii Listed for $15M In cooperation with Matt Beall of Hawaii Life Real Estate Brokers and Anthony Provenzano and Matthew Davis of Chaney Brooks & Company LLC Diamond Villa | Korčula, Croatia Listed for €4.5M In cooperation with Antonio Baríc of Pin&Pin Dalmatia Palazzo di Vista | Bel Air, California Sold for $48.048M In cooperation with Aaron Kirman of Compass and Mauricio Umansky of The Agency Villa Fontana | Palo Alto, California Listed for $10.495M In cooperation with Peter Carson of Compass Calle Gregolina | Venice, Italy Sale Pending In cooperation with Serena Bombassei of Venice Real Estate Knight Frank The Retreat at Lick Creek Lodge | Near Austin, Texas Sold for $5.152M In cooperation with Susan Barringer of Kuper Sotheby's International Realty Giving Back: Key For Key® The company continues its commitment to giving back. In partnership with Giveback Homes, Sotheby’s Concierge Auctions’ Key For Key® giving program guarantees that for every home the firm sells, it contributes to building a new home for a family in need. Since 2017, the program’s origin year, Key For Key® has resulted in hundreds of homes built and thousands of lives changed. Looking Forward For the second half of the year, Sotheby’s Concierge Auctions is focused on expanding its referral relationships within its family of brands at Sotheby’s and Anywhere Real Estate, Inc, including education and marketing programs. Most notably, the firm recently announced the return of its most anticipated event of the year, its annual global sale featuring marquee properties to high-net-worth international buyers. The sale will close live at Sotheby’s New York, marking the first-ever exhibition of luxury properties to gavel at the famed auction house. The properties hand-selected for inclusion will receive heightened exposure in London, Singapore, and Dubai and positioning alongside the finest luxury items in the world via the firm’s partnership with Sotheby’s. About Sotheby's Concierge Auctions Sotheby’s Concierge Auctions is the world’s largest luxury real estate auction marketplace, with a state-of-the-art digital marketing, property preview, and bidding platform. The firm matches sellers of one-of-a-kind homes with some of the most capable property connoisseurs on the planet. Sellers gain unmatched reach, speed, and certainty. Buyers receive curated opportunities. Agents earn their commission in 30 days. In November 2021, the firm was acquired by Sotheby’s, the world’s premier destination for fine art and luxury goods, and Anywhere Real Estate, Inc. (NYSE: HOUS), the largest full-service residential real estate services company in the United States. The firm continues to operate independently, partnering with real estate agents affiliated with many of the industry's leading brokerages to host luxury auctions for clients. Since Sotheby’s Concierge Auctions’ inception in 2008, it has generated billions of dollars in sales, broken world records for the highest-priced homes ever sold at auction and conducted auctions in 46 U.S. states and 32 countries. The firm owns one of the most comprehensive and intelligent databases of high-net-worth real estate buyers and sellers in the industry, and iscommitted to its Key For Key® giving program in partnership with Giveback Homes™, which guarantees that for every property the company sells, a new home is funded for a family in need. For more information, visit casothebys.com. https://www.einnews.com/pr_news/591737175/sotheby-s-concierge-auctions-announces-h1-results

Renowned Architect Miguel Angel Aragonés Lists Minimalist Yet Groovy Beverly Hills Masterpiece

With accolades and magazine features all over the world, Miguel Angel Aragonés’ work is very well-known. Mexico’s top modernist architect also gets in on real estate, and just listed his newest Los Angeles project. The price is steep at $20 million, but the Beverly Hills home’s minimalist geometric design, party-ready lighting, and tranquil setting all add up. Designing seems to be in the family genes as Miguel and his son Rafael Aragonés collaborated on this Trousdale Estates creation, completed just a few months ago. Miguel purchased the property with a circa-1960 building on it but started anew to build this sleek escape. Suiting anyone from a rising star to a hip family, the geometric modern is either spa-like or club-like depending on how you set the lighting. Employing an open and almost futuristic layout, clean lines and a white palette help to make its surrounding greenery and turquoise pool pop. Capitalizing on the ease of indoor/outdoor living in California, state-of-the-art sliding systems surround almost every space in the 7,500-square-foot abode. Located at 510 Arkell Drive, the 90210 home may be cited on the corner of two streets but it couldn’t feel more private with the father-son duo’s precise and meticulous design. Its four bedrooms and five bathrooms are tucked away from the main spaces, where custom poliform built-ins line the halls. To add to the home’s exclusive feel, a rooftop lounge sets the ultimate scene for stylish dining al fresco. Yawar Charlie and Karen Sanchez of Aaron Kirman Group at Compass, Ben Becal at Revel Real Estate and Ethan Pescowitz at Westside Estate Agency hold the listing. https://www.cottagesgardens.com/renowned-architect-miguel-angel-aragones-lists-minimalist-yet-groovy-beverly-hills-masterpiece/pic/291980/

In the Trousdale Estates, 510 Arkell a Four-bedroom, Five-bathroom Minimalist Home Was Designed by Mexico’s Top Architects, Miguel Ángel Aragonés and Rafael Aragonés

“Color is inherent to many examples of Mexican architecture over hundreds of years and a natural step for us is using modern technology to play with this element at night,” says architect Rafael Aragonés, who designed the project with Miguel Ángel Aragonés. “The house and its walls are transformed through LED-colored lighting, transporting you to a different mood and context.” This intimate refuge—which comprises an atrium, reflective pools, a spa and a media room, among others—gives a feeling of openness with opportunities to enjoy the expansive views of the surrounding natural environment in a serene atmosphere. “The built perimeter of the project is confined by privacy walls that create an intimate courtyard for every room,” says Rafael Aragonés. “Turning into a corner and not knowing what comes next—this is perhaps what I like the most when taking a walk throughout any city. Why not try to recreate this inside your own private space?” A gourmet kitchen with Miele appliances, terrazzo floors, Poliform custom-made cabinetry, built-in modules and closets, and a Bang & Olufsen sound system make these 7,500 square feet extremely comfortable. “Buyers value their privacy, security and luxurious lifestyle, and are willing to pay a premium to get it,” says listing agent Karen Sanchez of The Aaron Kirman Group at Compass. “Trousdale is a historic area in a category all its own, the best Beverly Hills has to offer,” adds listing agent Yawar Charlie of The Aaron Kirman Group at Compass.

The top luxury real estate agents serving Hollywood in 2022

The Altman Brothers, Santiago Arana, Aaron Kirman, Chris Cortazzo, Sally Forster Jones, Joyce Rey and more are featured in this year's list of standout agents from 'The Hollywood Reporter' With the industry and the market changing faster than ever, make plans to come together with the best community in real estate at our flagship event. Join us at Inman Connect New York, Jan. 24-26, and punch your ticket to the future. Check out these just announced speakers for this must-attend event. Register here. The luxury real estate market hasn’t been all smooth sailing thus far in 2022. After a stellar 2021, buyers are adjusting to a new landscape, which includes increasing interest rates, low inventory, an uncertain global economy and softening prices in some areas. Those factors are all relevant in Los Angeles, which some of the best of the best in the industry call home. Despite those challenges, luxury agents in the elite market are finding ways to succeed and provide value for their clients. Overall, they’re not too concerned about closing the year out strong. “It will take some time for buyers to acclimate to the interest rate increases; it’s all cyclical,” Justin Paul Huchel of Hilton & Hyland told The Hollywood Reporter for its report released this week on the 30 top real estate agents working in Hollywood today. The median sale price in Beverly Hills is $3.8 million, according to Redfin. One of the agents who made The Hollywood Reporter’s top 30 agents list said that most of the market’s top agents will likely bring in between $5 million to $10 million over the course of the year. This year’s list of top agents includes several names familiar to Inman readers because several are Inman contributors and because of their accomplishments in the industry. The Altman Brothers, Santiago Arana, Aaron Kirman, Chris Cortazzo, Sally Forster Jones, Joyce Rey and more are featured in this year’s list of standout agents. Sales volume, multiple listing service-listed sales to Hollywood clients and media visibility all factored into The Hollywood Reporter’s selections. Agents, such as The Altman Brothers, Branden and Rayni Williams and Chris Cortazzo, have brought in more than $1 billion in the last year, solidifying their top-tier status in the industry. Many have also represented well-known high-net-worth clients like actors, professional athletes and film studio executives. This list also proves that agents don’t have to start their careers off in real estate to be successful — Rochelle Atlas Maize spent an entire career as a wealth advisor before taking up real estate as a hobby and then turning it into a second career. Likewise, Jonah Wilson was a tour manager in the music industry before transitioning into real estate.The median sale price in Beverly Hills is $3.8 million, according to Redfin. One of the agents who made The Hollywood Reporter’s top 30 agents list said that most of the market’s top agents will likely bring in between $5 million to $10 million over the course of the year. This year’s list of top agents includes several names familiar to Inman readers because several are Inman contributors and because of their accomplishments in the industry. The Altman Brothers, Santiago Arana, Aaron Kirman, Chris Cortazzo, Sally Forster Jones, Joyce Rey and more are featured in this year’s list of standout agents. Sales volume, multiple listing service-listed sales to Hollywood clients and media visibility all factored into The Hollywood Reporter’s selections. Agents, such as The Altman Brothers, Branden and Rayni Williams and Chris Cortazzo, have brought in more than $1 billion in the last year, solidifying their top-tier status in the industry. Many have also represented well-known high-net-worth clients like actors, professional athletes and film studio executives. This list also proves that agents don’t have to start their careers off in real estate to be successful — Rochelle Atlas Maize spent an entire career as a wealth advisor before taking up real estate as a hobby and then turning it into a second career. Likewise, Jonah Wilson was a tour manager in the music industry before transitioning into real estate. Take a look at the full lineup below, arranged in alphabetical order. The Altman Brothers, Douglas Elliman Santiago Arana, The Agency Rochelle Atlas Maize, Nourmand & Associates Fred Bernstein, Westside Estate Agency Blair Chang, The Agency Ikem Chukumerije, The Ikem Company Chris Cortazzo, Compass Drew Fenton, Hilton & Hyland Sally Forster Jones, Compass Tomer Fridman, Compass Carl Gambino, Compass Neyshia Go, Sotheby’s International Realty James Harris and David Parnes, The Agency Juliette Hohnen, Douglas Elliman Justin Paul Huchel, Hilton & Hyland Aaron Kirman, Compass Brett Lawyer, Hilton & Hyland Anthony Marguleas, Amalfi Estates Linda May, Hilton & Hyland Jade Mills, Coldwell Banker Jason Oppenheim, The Oppenheim Group Kurt Rappaport, Westside Estate Agency Joyce Rey, Coldwell Banker Angel Salvador, The Beverly Hills Estates The Shevin Team, Berkshire Hathaway HomeServices California Properties Smith & Berg Partners, Compass Tracy Tutor, Douglas Elliman The Umansky Team, The Agency Branden and Rayni Williams, The Beverly Hills Estates Jonah Wilson, Hilton & Hyland https://www.inman.com/2022/09/12/the-top-luxury-real-estate-agents-serving-hollywood-in-2022/

Famous architect’s extraordinary Ojai estate is on the market for $10.5M

When a world-renowned architect builds a home for himself, you can be certain it'll be more than just "special"—it's likely to be spectacular. Celebrated architect Scott Johnson's remarkable Ojai Valley retreat is a case in point. The critically acclaimed modern country home was built in 2016 by Johnson and his wife, Dr. Margaret Bates. It features a distinctive 300-foot-long corten steel wall with narrow and deeply framed windows. It's now available for $10.5 million. Johnson's firm, Johnson Fain, has created many landmark buildings. They include Fox Plaza (famous for its appearance in "Die Hard"), the Opus One Winery, and CAA's Century City Headquarters. The 9,293-square-foot home, which Johnson recently listed, has been featured in Food & Home Magazine, Archinect, Ventana, Fast Company, and other prominent publications. Inside, a long floor-to-ceiling glass wall dramatically opens the house to the rear yard. The main residence boasts three bedrooms and 3.5 baths, as well as an office/media room, wine cellar, bar, and chef's kitchen. But it's the expansive great room that really captures the imagination. There are no columns supporting the ceiling, which is hung between two massive board-formed concrete walls. The eye-catching ceiling, which is made of Douglas fir, is naturally ventilated by an automated clerestory system. It allows for changing patterns of light throughout the room. The property includes two other buildings: a spacious art studio with sliding walls of glass to the north and a guest suite/dance studio and an open-air pavilion to the south. The estate is situated on a secluded 11-acre, low-lying meadow surrounded by creeks streaming from the Los Padres National Forest into the nearby Ventura River. The acreage includes 200 native oak trees and peach and apricot orchards. In addition, there's a harvestable year-round garden located just outside the kitchen. Other outdoor amenities include a 75-foot-long pool, a fireplace, and a kitchen with a wood-burning grill and pizza oven. The compound is close to hiking trails, farmers markets, and restaurants and shops in the Ojai Valley. You might be wondering how the famed architect and his wife could bear to part with their beloved home. The answer is simple: "It was built to be a family house—a place where the extended family would gather during the holidays and celebrations," says the couple's representative. "Now that the kids have families of their own and Scott and Margaret aren't traveling as often, they've decided to sell it." Aaron Kirman and Danelle Lavin of Aaron Kirman Group at Compass have the listing. The post Famous Architect's Extraordinary Ojai Estate Is on the Market for $10.5M appeared first on Real Estate News & Insights | realtor.com®. https://www.beaumontenterprise.com/realestate/article/Famous-Architect-s-Extraordinary-Ojai-Estate-Is-17428703.php

The Hollywood Reporter’s L.A. Power Broker Awards Return on Sept. 20

The second annual awards presentation, presented by The Society Group, will recognize Los Angeles’ top agents in six categories including stratospheric sale of the year.On Sept. 20, The Hollywood Reporter will hold the second annual Los Angeles Power Broker Awards at members-only fitness and social club Heimat. The night, presented by luxury real estate PR firm The Society Group, will include a dinner honoring the powerhouse sellers on THR‘s Top 30 List, followed by an awards presentation. The honors are sponsored by spatial styling company ASH Staging and the real estate social app REAL Messenger. Said Angel Salvador last year, a winner at the 2021 inaugural awards, “To get the recognition amongst your peers is special.”2021’s winners also included Westside Estate Agency’s Kurt Rappaport, The Oppenheim Group’s Jason Oppenheim, Compass’ Sally Forster Jones, Tomer Fridman, Tyrone McKillen and Dalton Gomez, The Agency’s Santiago Arana, Hilton & Hyland’s Drew Fenton, and The Beverly Hills Estates’ Branden and Rayni Williams. The categories and nominees for the 2022 Los Angeles Power Broker Awards are: Stratospheric Sale (for a major single sale): Aaron Kirman (Compass), Kurt Rappaport (Westside Estate Agency), Branden and Rayni Williams (The Beverly Hills Estates) Philanthropic Impact: Chris Cortazzo (Compass), Anthony Marguleas (Amalfi Estates), Joyce Rey (Coldwell Banker) Celebrity Property Portfolio (to a trusted agent of Hollywood clients): Tomer Fridman (Compass), James Harris and David Parnes/Bond Street Partners (The Agency), Branden and Rayni Williams (The Beverly Hills Estates) Agent of Historic Architecture (for an agent who puts special care into deals for venerable residences): Drew Fenton (Hilton & Hyland), Linda May (Hilton & Hyland), Jade Mills (Coldwell Banker) Media Maverick (for innovative marketing): Josh and Matt Altman (Douglas Elliman), Rochelle Atlas Maize (Nourmand & Associates), Umansky Team (The Agency) Rising Star: Katharine Cattaneo (Sotheby’s International Realty), Jacob Greene (Douglas Elliman), Marco Salari (Coldwell Banker), Kevin Stewart (The Agency), Caroline Wolf of the Jenna Cooper Team (Compass) The Power Broker Awards are chosen by THR editors and based on sales numbers and the prestige of properties listed and sold. A version of this story first appeared in the Sept. 6 issue of The Hollywood Reporter magazine. Click here to subscribe. https://www.hollywoodreporter.com/lifestyle/real-estate/the-hollywood-reporter-la-power-broker-awards-return-1235213309/

Hollywood’s Top 30 Real Estate Agents 2022

After the banner year of 2021, L.A.’s high-end real estate market is seeing challenges, including some softening of prices, continued low inventory and rising interest rates (an average 30-year fixed mortgage rate today is about 5.8 percent compared with about 2.9 percent a year ago). “It will take some time for buyers to acclimate to the interest rate increases; it’s all cyclical,” says Hilton & Hyland’s Justin Paul Huchel. But for L.A.’s top agents, these setbacks are an opportunity to refocus on a core value: finding clients their perfect home. Despite the market softening, agents profess that they aren’t worried. According to Redfin, the median sale in Beverly Hills still clocks in at $3.8 million, up 15.4 percent from last year. And agents aren’t hurting financially, either. Although marketing, staff and office space must be factored in, many of the area’s highest-performing agents can expect to make $5 million to $10 million a year (according to one person on this list), while those on the rung below net $2 million to $5 million. For the 2022 list of the top 30 agents in L.A., THR considered sales volume, MLS-listed sales to Hollywood clients and media visibility to make its selections. (Info on celebrity sales and clients is sourced from public records unless otherwise noted.) JOSH AND MATT ALTMAN DOUGLAS ELLIMAN One of the rare teams to sell more than $1 billion a year, brothers Josh and Matt Altman of Million Dollar Listing: L.A. fame recently sold Rams coach Sean McVay’s Hidden Hills estate for $14 million, Milla Jovovich’s Beverly Hills compound for $13.4 million, and Britney Spears’ Calabasas estate for $11.8 million. They also represented Scooter Braun, whose purchase of a newly-built $65 million mansion set a record-high for Brentwood. The Douglas Elliman duo started out in the entertainment industry, flipping homes as a hobby — and then fell in love with the business. “Working with my brother is sort of the ultimate family dream, both for your parents and for each other,” Matt says. ”The one thing I know, and one thing we can count on every day is we always have each other’s backs.” The Altmans, who have sold more than $5.5 billion over their careers, note a growing interest in the Encino area, and also the impact COVID had on people’s interest in creating a comfortable home. “COVID was a horrible time,” Matt says. “But it gave people the opportunity to see that the most important thing is family and their home, and therefore, that’s why we saw so much business.” Current big listing: Full House creator Jeff Franklin’s $60 million mansion. SANTIAGO ARANA THE AGENCY The Agency’s Santiago Arana, who sold $581 million in the past year, repped former Warner Bros. CEO Ann Sarnoff in the purchase of Matt Damon’s $18 million Palisades spread and and sold tv exec Kevin Reilly’s home in Mandeville Canyon for $9 million. “With the high-profile individuals, you’re dealing with business managers, attorneys, a lot of people who work with them, which can become a challenge. But it’s also great, right? It opens up doors,” he says, adding “I love architecture. I love houses, and I love the fact that it’s a career that the sky is the limit.”

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