Trophy villas, futuristic beach houses: Southern California's top 2021 mansion sales (so far) [Los Angeles Times (CA)]
Air Lease Corporation Class A (AL)
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Source: Los Angeles Times
Southern California’s real estate market has been historically hot this year. Whether it’s a 700-square-foot bungalow or 10,000-square-foot mansion, a shortage of housing stock has caused bidding wars in every corner of the market. The first six months of 2021 saw the ultra-rich buying and selling luxury homes at a brisk pace across the region with celebrities, media moguls and business magnates all getting in on the action. Nine estates closed for north of $30 million, which is one more compared with the same stretch last year. Here are the top sales this year. 1. Barron Hilton’s Bel-Air estate — $61.5 million While brand new spec mansions flood the market with promises of glitz, glamour and gadgets, Barron Hilton’s Bel-Air estate showed that homes with history are still prized in the modern market. The hotel mogul lived in the storied mansion for more than half a century until his death in 2019, and in May, it traded hands for $61.5 million. The Georgian-style showplace was built
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Earnings
- 2/15/24 - Beat
AL
Sec Filings
- 4/10/24 - Form SC
- 4/5/24 - Form SC
- 4/4/24 - Form DEFA14A
- AL's page on the SEC website