LOS ALTOS HILLS PRICE: $100 million. This 25,500-sq.-ft. mansion in Northern California’s Los Altos Hills has five bedrooms and nine bathrooms, according to listing data. Russian tech billionaire Yuri Milner is the listed buyer. HOLMBY HILLS (594 South Mapleton Drive, Los Angeles, Calif. 90024) Price: $85,000,000. The Spelling Manor,...
New Luxury Hotel Coming To Crescent Drive In Beverly Hills
A Pennsylvania developer has spent $85 million on a Beverly Hills apartment complex it plans to turn into a luxurious extended-stay hotel. Dubbed The AKA Beverly Hills, This resort will be featuring 88 suites which will start at about $400 a night. Korman Communities bought the Crescent Beverly Hills apartments...
$5 Million-plus Home Market Surges In Silicon Valley
Apparently the upper end of the Silicon Valley home market continues to defy the doldrums afflicting the broader real estate sales trends. The Silicon Valley Business Journal reported late last year that homes worth $5 million or more shot up 55 percent compared to 2010. Quite impressive but this news is tempered with the following sour news published in the...