“We had a 13-year run of a robust market and are experiencing a necessary cycle change,” says Rayni Williams of The Beverly Hills Estates, reflecting on the 36 percent drop in luxury home sales that hit L.A. in the second quarter. Meanwhile, the median price of a home in Los Angeles hovered at $963,000, down 1 percent from the previous year. The decline can be attributed to a combination of high interest rates, the dual strikes that hit Hollywood and the new Ula mansion tax, in which home sellers in the city of Los Angeles must pay at least a 4 percent transfer on any sales above $5 million. “Sellers are hesitant to sell given these barriers,” says Akg’s Aaron Kirman.
Despite the challenges, L.A.’s agents (chosen based on total sales volume, Hollywood clients and media visibility) continued to smash records, led by the most expensive sale in California history — Beyoncé and...
Despite the challenges, L.A.’s agents (chosen based on total sales volume, Hollywood clients and media visibility) continued to smash records, led by the most expensive sale in California history — Beyoncé and...
- 9/28/2023
- by Degen Pener, Editor, Hadley Meares and Michelle Duncan
- The Hollywood Reporter - Movie News
Mauricio Umansky, the co-founder of real-estate brokerage The Agency — who also stars on Netflix’s Buying Beverly Hills and is a contestant on the new season of Dancing with the Stars premiering on Tuesday — is set to follow up his dancing debut by hosting The Hollywood Reporter‘s annual L.A. Power Broker Awards. The evening will take place Wednesday, Sept. 27, at the famed Castillo Del Lago estate in Lake Hollywood, a grand 1920s Spanish-style mansion once owned by Madonna.
Presented by premier luxury real estate PR company The Society Group, the awards evening celebrates the powerhouse sellers on THR‘s annual list of Hollywood’s Top Real Estate Agents and includes an awards presentation in eight categories. Nominees for six categories — including Stratospheric Sale of the Year, Agent of Historic Architecture and Rising Star — are presented below, with Umansky announcing the winners at the dinner.
Drew Fenton — the CEO of Carolwood Estates,...
Presented by premier luxury real estate PR company The Society Group, the awards evening celebrates the powerhouse sellers on THR‘s annual list of Hollywood’s Top Real Estate Agents and includes an awards presentation in eight categories. Nominees for six categories — including Stratospheric Sale of the Year, Agent of Historic Architecture and Rising Star — are presented below, with Umansky announcing the winners at the dinner.
Drew Fenton — the CEO of Carolwood Estates,...
- 9/26/2023
- by Degen Pener
- The Hollywood Reporter - Movie News
It’s a wrap for Buying Beverly Hills Season 2 filming. The Netflix occu-series has concluded filming for the second season of the show that follows agents and clients within Mauricio Umansky’s real estate company The Agency in Beverly Hills.
Umansky’s daughter Alexia Umansky shared a post on Instagram Stories confirming the cast had finished the principal filming of the series.
“That’s a wrap!! Bbh S2,” read the caption.
In the photo, Alexia is seen in the far right next to her sister Sophia in red and her eldest sister Farrah Brittany posing with two other cast members.
Alexia Umansky shares Instagram Story
Buying Beverly Hills Season 1 premiered on November 4, 2022, with Netflix dropping all eight episodes all at once. Umansky leads the show working alongside his daughters Farrah and Alexia, who is dipping her toes in the family business proving she’s got the abilities to be the next realtor star.
Umansky’s daughter Alexia Umansky shared a post on Instagram Stories confirming the cast had finished the principal filming of the series.
“That’s a wrap!! Bbh S2,” read the caption.
In the photo, Alexia is seen in the far right next to her sister Sophia in red and her eldest sister Farrah Brittany posing with two other cast members.
Alexia Umansky shares Instagram Story
Buying Beverly Hills Season 1 premiered on November 4, 2022, with Netflix dropping all eight episodes all at once. Umansky leads the show working alongside his daughters Farrah and Alexia, who is dipping her toes in the family business proving she’s got the abilities to be the next realtor star.
- 7/15/2023
- by Armando Tinoco
- Deadline Film + TV
Buying Beverly Hills is returning for a second season. Netflix has renewed the real estate reality series, which launched on the streaming service in November, per Deadline.
Mauricio Umansky, Farrah Brittany, Alexia Umansky, Santiago Arana, Ben Belack, Joey Ben-Zvi, Jon Grauman, Brandon Graves, Allie Lutz Rosenberger, Melissa Platt, Sonika Vaid are featured in the series. The show follows the personnel of The Agency as they tackle the real estate market and sell very expensive properties in the 90210 area code and the surrounding area in Los Angeles.
Read More…...
Mauricio Umansky, Farrah Brittany, Alexia Umansky, Santiago Arana, Ben Belack, Joey Ben-Zvi, Jon Grauman, Brandon Graves, Allie Lutz Rosenberger, Melissa Platt, Sonika Vaid are featured in the series. The show follows the personnel of The Agency as they tackle the real estate market and sell very expensive properties in the 90210 area code and the surrounding area in Los Angeles.
Read More…...
- 4/11/2023
- by TVSeriesFinale.com
- TVSeriesFinale.com
Held last year for the first time in New York and celebrating its second year in September in L.A., THR‘s signature real estate event, the Power Broker Awards, is making its Florida debut. The inaugural Miami | Palm Beach Power Broker Awards — presented by high-end property PR firm The Society Group and sponsored by staging and interior design company Vesta and real estate social app Real Messenger — take place Jan. 17 at Faena Theater.
The evening includes a dinner for the agents on THR‘s Top 25 Miami and Palm Beach list, followed by an awards presentation. Emceeing the event will be Fredrik Eklund, co-founder of Douglas Elliman’s Eklund | Gomes Group and former star of Bravo’s Million Dollar Listing.
The nominees in seven categories are:
Stratospheric Sale (for a major single sale): Senada Adzem and Christopher Leavitt & Ashley McIntosh of Douglas Elliman; Ashley Cusack of Berkshire Hathaway HomeServices...
The evening includes a dinner for the agents on THR‘s Top 25 Miami and Palm Beach list, followed by an awards presentation. Emceeing the event will be Fredrik Eklund, co-founder of Douglas Elliman’s Eklund | Gomes Group and former star of Bravo’s Million Dollar Listing.
The nominees in seven categories are:
Stratospheric Sale (for a major single sale): Senada Adzem and Christopher Leavitt & Ashley McIntosh of Douglas Elliman; Ashley Cusack of Berkshire Hathaway HomeServices...
- 1/15/2023
- by Degen Pener
- The Hollywood Reporter - Movie News
Click here to read the full article.
A quartet of top-selling L.A. luxury real estate agents, all known for reality TV appearances, are joining forces. Former Million Dollar Listing Los Angeles stars James Harris and David Parnes of The Agency are linking up with Jon Grauman and Adam Rosenfeld (both seen on the new Netflix show Buying Beverly Hills) to form the new team Bond Collective.
The Bond Collective team — which links Harris and Parnes’ Bond Street Partners team with the Grauman Rosenfeld Group — will encompass more than 50 agents at The Agency. “I’m beyond excited for what the future holds. David and I are extremely grateful for our success over the years, but we truly believe in scaling and growing the team. We have always had a tremendous amount of respect for the Grauman Rosenfeld Group. It’s about growing what will be the top team in America,...
A quartet of top-selling L.A. luxury real estate agents, all known for reality TV appearances, are joining forces. Former Million Dollar Listing Los Angeles stars James Harris and David Parnes of The Agency are linking up with Jon Grauman and Adam Rosenfeld (both seen on the new Netflix show Buying Beverly Hills) to form the new team Bond Collective.
The Bond Collective team — which links Harris and Parnes’ Bond Street Partners team with the Grauman Rosenfeld Group — will encompass more than 50 agents at The Agency. “I’m beyond excited for what the future holds. David and I are extremely grateful for our success over the years, but we truly believe in scaling and growing the team. We have always had a tremendous amount of respect for the Grauman Rosenfeld Group. It’s about growing what will be the top team in America,...
- 12/9/2022
- by Degen Pener
- The Hollywood Reporter - Movie News
Click here to read the full article.
At first, real estate agent Farrah Brittany was unsure if she wanted to do the new Netflix series Buying Beverly Hills, which charts the inner workings of The Agency, founded by her stepfather Mauricio Umansky.
“I definitely had qualms. Because, obviously, we’re making a show about our profession,” she said at the November premiere party for the new Netflix series, held at Wheelhouse LA. “Everything you do, you’re looking through the lens of, ‘How is this going to be received by our clients, by viewers?’ We want to look professional. So, I was definitely nervous.”
However, Brittany was heartened by the fact that Buying Beverly Hills — the latest in a slew of real-estate-focused reality shows including Oppenheim Group’s Selling Sunset, Million Dollar Listing, and the new Selling the Oc — actually features the intricacies of luxury real estate deals and transactions.
At first, real estate agent Farrah Brittany was unsure if she wanted to do the new Netflix series Buying Beverly Hills, which charts the inner workings of The Agency, founded by her stepfather Mauricio Umansky.
“I definitely had qualms. Because, obviously, we’re making a show about our profession,” she said at the November premiere party for the new Netflix series, held at Wheelhouse LA. “Everything you do, you’re looking through the lens of, ‘How is this going to be received by our clients, by viewers?’ We want to look professional. So, I was definitely nervous.”
However, Brittany was heartened by the fact that Buying Beverly Hills — the latest in a slew of real-estate-focused reality shows including Oppenheim Group’s Selling Sunset, Million Dollar Listing, and the new Selling the Oc — actually features the intricacies of luxury real estate deals and transactions.
- 12/5/2022
- by Hadley Meares
- The Hollywood Reporter - Movie News
Netflix's reality-tv real-estate repertoire is growing. On June 23, the streaming giant announced its slate of both new and returning shows - including official season six and seven renewals for Emmy-nominated series "Selling Sunset" - that are set to deliver even more exciting home-renovation and real-estate programming for our viewing pleasure!
Among the bunch was "Buying Beverly Hills," a new docusoap featuring "Real Housewives of Beverly Hills"-star-slash-real-estate-boss Mauricio Umansky (Kyle Richards's husband) and his family. In a format similar to "Selling Sunset," the series will follow Mauricio's international luxury brokerage company at its sunny headquarters in Beverly Hills, along with its group of agents - which includes his daughters, Farrah Brittany and Alexia Umansky.
And on Oct. 7, Netflix finally dropped a trailer for the series, which is debuting this November. In it, it's clear fans can expect both business and family drama, as Mauricio advises, "The more successful you are,...
Among the bunch was "Buying Beverly Hills," a new docusoap featuring "Real Housewives of Beverly Hills"-star-slash-real-estate-boss Mauricio Umansky (Kyle Richards's husband) and his family. In a format similar to "Selling Sunset," the series will follow Mauricio's international luxury brokerage company at its sunny headquarters in Beverly Hills, along with its group of agents - which includes his daughters, Farrah Brittany and Alexia Umansky.
And on Oct. 7, Netflix finally dropped a trailer for the series, which is debuting this November. In it, it's clear fans can expect both business and family drama, as Mauricio advises, "The more successful you are,...
- 10/7/2022
- by Njera Perkins
- Popsugar.com
Click here to read the full article.
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...
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...
- 9/10/2022
- by Hadley Meares, Virginia K. Smith and Edited by Degen Pener
- The Hollywood Reporter - Movie News
In 2015, Vice Media mogul Shane Smith and his wife Tamyka paid $23 million to purchase Santa Monica’s Villa Ruchello estate from filmmaker Henry Jaglom and his ex-wife, actress-director Victoria Foyt. Now, the Smiths have officially sold the stunning 3.35-acre spread — featured in the film Beverly Hills Cop and comedy series Entourage — for $48.67 million. And though that’s $2 million less than the eye-popping $50 million price tag the couple placed on the Mediterranean-style compound back in early February, it’s still an all-time record for L.A.’s Westside communities of Santa Monica, Brentwood and Pacific Palisades.
Jaglom and Foyt picked up the compound in 1994 for almost $3.2 million, and first put it up for sale at $29.5 million, around the time of their 2013 divorce. Originally built in 1932, the 14,000-square-foot dwelling had since become somewhat rundown. It underwent a multimillion-dollar, Kerry Joyce-designed revamp during the Smiths’ tenure there, however, with careful attention paid...
Jaglom and Foyt picked up the compound in 1994 for almost $3.2 million, and first put it up for sale at $29.5 million, around the time of their 2013 divorce. Originally built in 1932, the 14,000-square-foot dwelling had since become somewhat rundown. It underwent a multimillion-dollar, Kerry Joyce-designed revamp during the Smiths’ tenure there, however, with careful attention paid...
- 4/21/2021
- by Wendy Bowman, Dirt.com
- The Hollywood Reporter - Movie News
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