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It’s the surprise of a spring selling season that’s been anything but normal: Buyers returning to the housing market have been battling over the few available properties. While sales are way down, the lack of inventory has propped up prices and led to bidding wars, even as economic fallout from the pandemic mounts and real estate agents adjust to new public health guidelines that have made it...

The newly listed private compound called UNICA is beyond a dream home   Situated in the coveted neighborhood of Bel Air in Los Angeles, this new Spanish Villa called UNICA was developed by Ty Cueva & Dean Hallo. UNICA is on its own private compound and boasts over 41,000 square feet of living space with eight bedrooms, 21 bathrooms, and more. The home has a seemingly never-ending lis...

The brand new 41,000-square-foot home comes with 21 bathrooms, a 20-car garage and no fewer than eight bars. Even many of the world’s finest boutique hotels don’t come with these kinds of amenities. For starters, there’s the 36-seat movie theater. And the two-level wine tasting room. Plus a complete wellness center with a 75-foot lap pool, spa and huge gym. For car lovers there’s an und...

Sally Forster Jones, Aaron Kirman, and Santiago Arana say pandemic means shifting but not devastated market For these top Los Angeles residential real estate agents who appeared Monday on TRD Talks Live, The Real Deal’s ongoing series of web conversations with real estate industry leaders, the coronavirus has meant lifestyle changes but, they hope, no long-term business disruptions. Panel...

Known as UNICA, the 41,000-square-foot megamansion is designed to offer resort living at home In another sign that luxury real estate does not stop even amid a pandemic, a majestic Bel Air with a $100 million asking price just hit the market. Known as “UNICA,” the estate at 10697 Somma Way spans 41,000 square feet and is designed in the style of a modern Spanish villa. The largest proj...

That’s just one of the incredible amenities of the 41,000-square-foot mansion. For luxury real estate buyers, Los Angeles is a goldmine. But, one home just hit the market that would make even the most discerning house hunter’s jaw drop. The new eight-bedroom 21-bathroom Spanish Villa called UNICA was recently listed for $100 million. So, what do you get for the nine-figure price tag? F...

While buying homes sight-unseen has always been popular among investors and foreign buyers, the coronavirus pandemic is making it more of a reality for all types of luxury clients — with the help of contingency clauses. Sally Forster Jones, Executive Director, Luxury Estates at Compass in Los Angeles, has seen a dramatic rise in the number of sight-unseen luxury rentals during the coronavirus p...

Ira Meltzer is the busiest he’s been in 35 years. As the managing director of residential financing firm One Million Dollar Plus, he specializes in securing massive home loans for celebrities. Over the next month, he’s set to close more than $90 million in financing. Apparently, the ultra-rich are still buying homes. Although sales on the lower end of the market have all but seized up, the ...

The 41,000-square-foot house joins a handful of nine-figure properties for sale across Los Angeles The listing of a $100 million mansion in Bel Air on Tuesday goes to show that even a global pandemic can’t put the brakes on Los Angeles' megamansion market. The sprawling Spanish-style mansion has been dubbed UNICA and is touted in its marketing materials as a “one-of-a-kind trophy estate with...