This flashy Bel Air mansion that was listed at $87.8 million flopped at auction — and now the seller is furious

Econ & Housing

Marc & Tiffany AngelesAn over-the-top modern mansion in Bel Air was listed for $87.8 million for an auction this week. But the highest bid came in just under $45.8 million, according to the home’s seller, dermatologist-turned-developer Alex Khadavi.”Horrible, Horrible, Horrible!” was how Khadavi characterized the auction results to CNBC. He filed for Chapter 11 bankruptcy…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Products You May Like

Articles You May Like

Housing Market Predictions Next 5 Years 2024, 2025, 2026
Housing Starts Decline in January on Multifamily Weakness | Eye On Housing
Dow Jones Futures Fall; Nvidia Earnings Are Huge Test For AI-Led Market Rally
Record Levels of Homelessness in the U.S.: A Deep Dive into the Housing Crisis
Lumber Futures – February 20, 2024