Japan’s ryokans and a wellness focus inspired the Silver Lake project. Check out the before and after images. Read More
News Bites
David Guetta-Connected Firm Sells Miami Beach Condo for $16M
A firm connected with French DJ David Guetta sold a Miami Beach condo for $16 million, hitting a new price-per-square-foot record in the city. The three-bedroom unit at the Setai Resort & Residences spans 2,521 square feet, which works out to $6,347 per square foot. The condo last sold in 2018 for $9.4 million. South Florida Business Journal
Toronto-Area Home Sales Increased in August, While Prices Slipped
Home sales in the greater Toronto area rose in August after a dropoff in July, which is only the third monthly increase this year, according to data from the Toronto Regional Real Estate Board. Home prices decreased 0.8% to C$1.12 million (US$815,178) after six consecutive months of increases. Reuters
Victoria Ranch That Belongs on ‘Yellowstone’ Asks A$3 Million
A mountain ranch in Victoria, Australia, named Buttercup Retreat that conjures images of the American West has hit the market asking A$2.96 million (US$1.99 million). The nearly 15-acre property, located near the Mount Buller alpine ski resort in Merrijig, comes with six bedrooms, an infinity pool and mountain views. Domain
Entertainment Mogul Sells Aspen Home for Double What He Paid
Media mogul Byron Allen has sold a contemporary mansion in Aspen, Colorado, for $60 million—more than double the $27 million he paid four years ago. Located on Aspen’s Red Mountain, the house was sold furnished in an off-market deal, according to property records and a person with knowledge of the deal. The identity of the buyer couldn’t be determined. The Wall Street Journal
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