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Tom Gores, the chairman and CEO of Platinum Equity and owner of the Detroit Pistons franchise, has taken control of a newly built spec home in Holmby Hills in a complex, $100 million deal in which multiple properties changed hands. A Beverly Hills home leased by famed rocker Ozzy Osbourne and his wife and manager, Sharon, has come on the market for $26.895 million. And Los Angeles billionaire investor Ronald Burkle has sold a penthouse within the Eastern Columbia Building for $2.5 million, among the highest prices ever paid per square foot for a residential unit in L.A.'s historic core district.
Tom Gores, the chairman and CEO of Platinum Equity and owner of the Detroit Pistons franchise, has taken control of a newly built spec home in Holmby Hills in a complex, $100 million deal in which multiple properties changed hands. A Beverly Hills home leased by famed rocker Ozzy Osbourne and his wife and manager, Sharon, has come on the market for $26.895 million. And Los Angeles billionaire investor Ronald Burkle has sold a penthouse within the Eastern Columbia Building for $2.5 million, among the highest prices ever paid per square foot for a residential unit in L.A.'s historic core district.

Los Angeles housing market: $100M pickup game, and Ozzy and Stefani list homes

October 30, 2016 11:41 AM

UPDATED October 30, 2016 02:00 PM

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