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Press & Media – D&M
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David & merse

in the media

Olympic Legend Shaun White Suffered Over $2 Million Loss on His Ocean-Front Malibu House Sale in 2020

Shaun White currently holds the record for the most medals a snowboarder has ever won at the Olympics. However, following his final performance at the Winter 2022 Olympic Games, Shaun White announced his retirement. He has gained a considerable fortune by participating in snowboarding events. A few years ago, White bought a giant mansion-like house in Malibu. He eventually listed it for sale, but the three-bedroom, ocean-front home made him suffer a loss of money. Despite having ravishing features, the 2,164-square-foot house went out for almost $5 million less than the original asking price. Shaun purchased this exquisite property in 2016, […]

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How ‘The One’ Was Won: The Saga Behind What Could Have Been America’s Priciest Home

Real-estate agent Rayni Williams stood under the hot Los Angeles sun, her Manolo Blahnik heels digging into the dirt of a vacant development site priced at $8.995 million on tony South Mapleton Drive. It was 2011, and she was waiting for a potential buyer. A man emerged from a silver Rolls-Royce Ghost, dressed head-to-toe in light-colored linen with a deep tan and dark, slicked-back hair, Ms. Williams said. She handed him the heavy roll of architectural plans that had been drawn up for the site, which he slammed down on the hood so hard she said she feared had dented […]

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Paycheck potential: A look at real estate’s top earners

  As much as real estate loves its greenbacks, people tend to keep quiet about the paychecks its players take home. The Real Deal sifted through the records and shook the grapevine to figure out what one can make in the business, from the bottom of the corporate ladder to the top.   The median president or CEO of a real estate investment trust, holding what are among the most lucrative roles in the industry, made $5.95 million last year, according to an analysis of compensation data from 150 publicly traded firms. That’s up 17 percent from 2020, with the majority of the increase […]

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Hedge fund chief’s Beverly Hills house takes 21% price cut

A hedge fund titan’s sale of a Beverly Hills mansion took a 21 percent price chop. Mitchell Julis, co-founder of investment management firm Canyon Capital Advisors, sold his 13,500-square-foot manse at 1109 Calle Vista Drive for $33.2 million, or $2,473 per square foot. It was listed for $49.9 million in January 2021. The property took a price chop in February 2022 to $42.5 million. The listing agent was Victoria Risko. The buyer was represented by Risko and Jen Puz. Both Risko and Puz are affiliated with Sotheby’s International Realty. The agents did not reply to a request for comment by […]

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Two Years After Being Bought For $60 Million, A Bel-Air Mansion Lists For $150 Million

Two years ago, George Ruan, billionaire founder of the online coupon app Honey, purchased for himself a deluxe mansion in the ritzy Bel-Air neighborhood for $60 million. Now, he’s looking to double his money and then some, having placed it on the market for an incredible $150 million, as reported by the Wall Street Journal. Of course, Ruan was getting a discount when he snagged the property for $60 million, having reportedly purchased it before it was completed, and going on to commission extensive renovations to the home. It’s not known how much he spent on those renovations, but they were apparently quite […]

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Inside an Herbalife Heir’s Fight for the Billion-Dollar Mountain of Beverly Hills

igh above the lights of Los Angeles stands the Mountain, impervious to the Hollywood power players and business tycoons plotting and scheming below. Many have coveted its 157 acres, but the Mountain has remained tantalizingly out of reach. Spanning a surface area bigger than 100 football fields, this grassy, lush mountaintop has been the prize—once valued at $1 billion—of Middle Eastern royals, A-list stars, and mega-moguls. Rihanna, Salma Hayek, James Cameron, Elon Musk, and others have made pilgrimages to the Mountain, for roving Oscar parties and charity balls. Yet the only creatures to make the Mountain their home are the […]

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Dream TV show interview with David & Merse

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