A newly built Coral Gables mansion sold for $21.5 million, yielding a $4.5 million profit for the sellers, just over a year after purchase, highlighting the area's high-value real estate market and the home's distinctive architectural features.
Sapporo Holdings plans to sell its real estate business, including Yebisu Garden Place, to a KKR-led consortium for $2.6 billion to focus on its core beer operations, with the deal aimed at boosting overall corporate value.
OpenAI CEO Sam Altman is selling his $49 million oceanfront mansion in Hawaii, a property built in 2011 with luxury features, as part of his broader real estate portfolio, amid his company's ongoing financial activities.
Actor Christopher Lloyd is selling his Montecito, California mountain home for $6.83 million, a renovated 2,880 sq ft contemporary residence with ocean and mountain views, indoor-outdoor living spaces, and a guest house displaying his Emmy awards. The home, purchased in 2017, is described as a peaceful sanctuary with a focus on natural beauty and tranquility.
Ellen DeGeneres and Portia de Rossi sold their recently renovated $20 million estate in the Cotswolds after only one month, citing the lack of horse facilities as a key reason for their move to a larger, more modern estate nearby.
Bankrupt trucking company Yellow Corp has received court approval to sell most of its shipping centers and real estate to multiple buyers for $1.88 billion, effectively ending a bidder's attempt to keep the company intact. The sale will generate enough cash to pay off the company's pre-bankruptcy debt, including a $700 million COVID-19 relief loan. Yellow is still seeking buyers for its remaining real estate and fleet of trucks. Despite pressure to keep the company intact to save jobs, Yellow chose to break up its assets. Trucking company XPO Inc was the largest buyer in the approved sale, acquiring 28 shipping centers for $870 million.
US Supreme Court Justice Neil Gorsuch made up to $500,000 from a 2017 real estate sale to the CEO of a law firm with extensive business before the high court, but did not disclose the buyer's identity. The news comes amid extensive media reporting about the relationship between Clarence Thomas and a Republican mega-donor, Harlan Crow. Democrats are calling for Chief Justice John Roberts to testify over the matter. Public trust in the court has reached historic lows, and calls for supreme court ethics reform are growing.