Kraken CEO Jesse Powell spends $11.5 million cash on a Mandeville Canyon architectural

(NOTE: This is a repost of a story that originally appeared last December. Scads of photos of Mr. Powell’s new home can be seen here, here, here, here, here, here, and here.) Last month, cryptocurrency tycoon (and SF resident) Jesse Powell tweeted a mini-rant about San Francisco, its “crack-zombies,” and how “you can pay $3k/sqft […]

Ari Emanuel hauls in $19 million for his Mandeville Canyon ode to Legorreta

Forgive us for being rather brusque on this story; we have already written about this property on at least three prior occasions. If any of y’all care to read them, just click here, here, and here. Anyway, everyone’s favorite talent agent extraordinaire-turned-powerhouse CEO Ari Emanuel has sold off his eye-catching compound near the mouth of […]

Billionaire heiress Kasey Crown falls for a Brentwood ranch

Horse-clogged Sullivan Canyon, snugly tucked between the swanky Westside neighborhoods of Brentwood and Pacific Palisades, has long been a favored residential destination of wealthy Tinseltown equestrians. Famous folks like Steven Spielberg, Christian Bale, Ryan Murphy and Kathleen Kennedy maintain ranches (and/or mansions) in this bucolic nabe. Though once somewhat overlooked, Sullivan Canyon real estate is […]

Qatar’s Consulate drops $27 million on a Beverly Hills mansion

The tiny, oil-rich sovereign state of Qatar — right next door to the Saudis on the Arabian Peninsula — is apparently feeling extra-flush with that black gold lately. In 2015, the Qatar Investment Authority announced plans to inject $35 billion into unspecified “US investments” over five years. Hence their rabid spending on luxury LA real […]

Bruce Halle’s Montecito villa lists at massive loss

Less than three years ago, in May 2016, a brand-new contemporary mansion atop a majestic Montecito mountaintop sold for $16 million amid multiple offers. The winning bidders were bazillionaire Arizona-based entrepreneur Bruce Halle and his longtime wife Diane Cummings Halle, an heiress to the Sara Lee food corporation. Here’s a peek at how the property […]