Hot Property newsletter: The changing world of real estate coverage - Los Angeles Times

Today is a new day in the business report. Starting next month, this newsletter will provide expanded real estate content, including regular market reports by employee writer Andrew Khouri and business reports by Roger Vincent. But don't be afraid. The Times' Jack Flemming (Jack Flemming) will continue to bring you the latest celebrities and mansion stories. Read all about the transition in the "Editorial Instructions" below.

At the same time, in this week’s collection, casino tycoons are gambling on large transactions in Beverly Hills, and Oscar winners are also preparing to hit the road in Pacific Palisades.

The rich and famous inside.

Learn about their lives and the latest real estate transactions in our weekly hot real estate news.

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It is a sleek contemporary building hidden in the tree-lined Brentwood trees. Glass walls, skylights and a central courtyard illuminate nearly 3,500 square feet of living space. The asking price is $4.25 million.

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, You can find more stories and updates during the week.

Steve Wynn is winning the grand prize in Beverly Hills. The casino mogul resigned as CEO of Wynn Resorts in 2018 due to alleged sexual misconduct

110 million US dollars.

For Wynn, this price will also be a huge return on investment. Wynn purchased the property in 2015 for 47.85 million U.S. dollars and expanded the house by approximately 8,000 square feet. The mansion now covers 27,000 square feet.

The contemporary manor house covers an area of ​​2.7 acres and has a main house, guesthouse, swimming pool and tennis court with seating area. The chic living space includes a reception area and bar room, cinema, wine cellar and 11 bedrooms.

Wynn, 78, denies the charges against him and was ordered to pay Wynn Resorts a settlement of US$20 million in 2019. "Forbes" set his net worth at $3 billion.

Oscar-winning actor Matt Damon listed his

The price is 21 million US dollars. The "Ford v Ferrari" star bought a half-acre property in 2012 for $15 million.

Over 13,500 square feet of residences have atriums. There is also a living room with a fireplace, an indoor and outdoor dining room and seven bedrooms.

Palm trees surround the resort-style backyard with swimming pool, koi pond and playground.

Damon, 50, is one of the highest-grossing actors of all time. Since his debut in 1988, he has appeared in movies regularly, and has appeared in "Mystery Pizza" in "Saving Private Ryan", "Homeless", "Bourne" franchise and "Goodwill Hunting", and Therefore won the Oscar for Best Picture Award. Original script.

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About a year after buying a larger space in Studio City, the late-night talk show host Lilly Singh sold her

The price is 1.475 million US dollars. The deal ended a few days after the second season of her NBC show "A Little Later with Lily Singer" premiered.

It is about a third of Singer's new house, a 6,400 square foot site located on the hills of Studio City. The one she sold occupies 2,250 square feet, but the three-story building makes full use of its space.

There is a Saltillo tiled terrace with arched openings next to the main arch. The roof deck has a hot tub, kitchen, and views of the city and hills.

Singh became famous on YouTube under the pseudonym "Superwoman", which led to a world tour, which was recorded in the 2016 movie "Unicorn Island Journey". In 2019, her late-night talk show premiered on NBC, replacing "Last Call with Carson Daly".

Fashion icon Tommy Hilfiger (Tommy Hilfiger) provided it with a suitable offer

, Sold an English country-style real estate located in Greenwich, Connecticut for $45 million.

The designer owned this 22 acres of land for ten years. The main house was built in 1939 and covers an area of ​​more than 13,000 square feet, including 6 bedrooms and 11 bathrooms.

The park-like grounds has a swimming pool, reflecting ponds and tennis courts. A two-bedroom hotel completed the manor.

Hilfiger, 69, founded the clothing and lifestyle brand Tommy Hilfiger Corp. of the same name in 1985. He sold the fashion company in 2006 for $1.6 billion.

Popular properties are changing, but the “Los Angeles Times” newsroom’s commitment to real estate coverage will not change.

After February 6, the "Times" newsroom will no longer produce Hot Property.

Hot Property will release products as a brand sold by the advertising department and relaunch it in print and online formats. All paid content will carry a clear disclaimer, indicating that they are sponsors.

The press room’s coverage of the luxury housing market will be conducted online and in the "Business" section of the print edition, and we will also cover the broader residential and commercial real estate market. This communication can also be found in this newsletter, which will be renamed Real Estate. This transition will give business reporters more time to deal with ambitious companies, investigate and serve the news industry, thereby helping readers navigate the real estate market.

Hot real estate coverage began in 1984, when the late Ruth Ryon intuitively felt that readers might be interested in the intersection of two obsessions in Los Angeles: celebrities and real estate. We will continue to work on these stories, and reporters from Time Business will continue to release updates on eye-catching sales, surprising price cuts, and unique properties throughout the southern region.

Thirty years ago, Liberes’ former residence in the Hollywood Hills was priced at $3.495 million. During his stay, the pianist had a wet bar made of piano keyboards, drew a picture of the piano at the bottom of the swimming pool, and installed a pipe organ in the living room.

Twenty years ago, the "ranger" actress Pamela Anderson (Pamela Anderson) bought a house in Malibu for about $1.8 million. The house built in 1959 has three bedrooms and 2.5 bathrooms in an area of ​​approximately 2,300 square feet.

Ten years ago, actress Winona Ryder (Winona Ryder) sold a house along Sunset Boulevard for $3.725 million. The original features of the Spanish style villa in 1936 include Malibu tiles, curved stairs and art deco bathrooms.

According to reports, once some house maintenance and repair work is completed, Vice President Kamala Harris will enter the Queen Anne-style Naval Observatory, the residence of the Vice President.

. This three-story white brick house covers 12 acres and has 9,150 square feet of living space.

According to reports, the former first daughter Ivanka Trump (Ivanka Trump) and her husband, former Senior Presidential Advisor Jared Kushner (Jared Kushner) Rent an unfurnished apartment in the Arte building.

. The waterfront development area is located near Surfside.

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