Hedge funder Adam Weiss pays Cindy Crawford $45 million in Malibu

Back in March 2015, a very hush-hush (and huge) property transaction went down in Malibu. Retired supermodel Cindy Crawford and her tequila baron husband Rande Gerber threw down a shocking $50,500,000 for a sprawling oceanfront estate that happens to be right next door to their main residence. Naturally, this all happened totally off-market, so there […]

Bruce Karsh hopes for $42 million on Brentwood’s Oakmont Drive

Though we could swear it happened just yesterday, records say it’s already been over a month since billionaire Oaktree Capital Management co-founder Bruce Karsh paid nearly $69 million — $68,822,450, to be exact — for The Grey Estate on Holmby Hills‘ outrageously expensive North Carolwood Drive. And just as we speculated would happen, Mr. Karsh […]

Hedge fund manager Mitch Julis coughs up $17.8 million for the house next door

In April 2018, hedge fund manager Mitch Julis paid a fat $17,800,000 for the house directly next door to his longtime Beverly Hills home base. The purchase was done on the down-low, through an anonymously-named corporate entity. This house next door, incidentally, was sold by the estate of the late showbiz mega-producer Jerry Weintraub. Back in […]

Billionaire Bruce Karsh drops $68 million on a Holmby Hills contemporary farmhouse

More than a month ago, Yolanda snitched that billionaire financier Bruce Karsh — the co-founder of LA-based Oaktree Capital Management — was about to drop tens of millions on a “contemporary farmhouse” estate compound in the Holmby Hills neighborhood of Los Angeles. Well, it happened. Looks like the fine folks over at Mansion Global were the […]

LA playboy Omar Mangalji throws down $12 million in Trousdale Estates

A decidedly louche residence in the highly desirable Beverly Hills neighborhood of Trousdale Estates recently sold for $12,000,000 to an offshore corporation with an address in the British Virgin Islands. As y’all might expect, Yolanda was curious about the new owner’s identity. Soon we learned that he is a young man named Omar Mangalji, also […]