EXCLUSIVE: Kanye West’s Gutted Malibu Beach House Is Turned Into $12 Million Members-Only Timeshare—as New Owner Faces Foreclosure

Kanye West beach house

The Malibu beach house that rapper Kanye West famously gutted—then abandoned—is being turned into a unique members-only timeshare opportunity after the latest owner was threatened with foreclosure, having defaulted on his $18.5 million mortgage. West’s former home, which he sold as a bare bones shell, is currently owned by developer Steven “Bo” Belmont, CEO of “real … Read more

Brazilian Banker Daniel Vorcaro True Owner of Miami Homes

Brazilian Banker Daniel Vorcaro True Owner of Miami Homes

The Brazilian banker who was arrested last week as part of what authorities allege is a multibillion-dollar fraud is the owner of a waterfront estate in Miami, and linked to other properties in South Florida, The Real Deal has learned.  Banco Master’s CEO and majority shareholder, Daniel Vorcaro, is the true owner of the 20,500-square-foot … Read more

‘For Sale by Owner’ Transactions Hit an All-Time Low, Report Finds

‘For Sale by Owner’ Transactions Hit an All-Time Low, Report Finds

The days of trying to sell a home without an agent are dwindling, with For Sale By Owner transactions at an all-time low. Known as FSBO, those sales now comprise just 5% of home sales, according to the National Association of Realtors 2025 Profile of Home Buyers and Sellers.  That’s 16% less than in 1985, when … Read more

Former L.A. Dodgers Owner Peter O’Malley Relists Mykonos-Inspired Malibu Mansion for $75 Million—Shaving $10 Million Off Price

Former L.A. Dodgers Owner Peter O’Malley Relists Mykonos-Inspired Malibu Mansion for $75 Million—Shaving $10 Million Off Price

An oceanfront Malibu, CA, mansion designed to be “reminiscent of a home on the coast of Mykonos” has just returned to the market for an eye-watering $74.5 million—offering up not only a taste of European excess but also an incredible heritage in the world of professional sports. The exclusive Paradise Cove compound, which now tops … Read more

Historic ‘Pirate-Inspired’ Florida Keys Home Lists for $2 Million—as Owner Warns Area Is Losing Its Unique Charm to Faceless ‘Concrete Bunkers’

Historic ‘Pirate-Inspired’ Florida Keys Home Seeks Buyer to Preserve Style as ‘Faceless Concrete Structures’ Are Built

When Dubravka Wahl first laid eyes on her unique Florida home in 2023, she instantly fell in love. Not just with the prime beachfront location and double-lot property—but with the unique pirate-inspired architecture that lent the property its signature Keys feel. “It was absolutely gorgeous,” she recalls of the $2 million home, which is suitably … Read more