The foreclosing lender was one of six holding a total of $18 million in loans on the English Tudor, which had been marketed for as much as $35 million. We never had a rehearsal, so I was definitely nervous and had no idea what I was supposed to do when I got up there with Alec. To revisit this article, visit My Profile, then View saved stories, To revisit this article, select My Account, thenView saved stories. btw, Alagem sold this house way back in 2001 to Gary Winnick. 2023 Dirt.com, LLC. All rights reserved. Previously, the property was owned by entrepreneur Marc Andreesen, , best known as co-author of Mosaic, the first widely . Mr. Alec Gores is the Founder and serves as Chairman and Chief Executive Officer at The Gores Group. With an Elegant Interior and Magnificent Stonework, It Is a Warm and Charming Residence, Which Is Rare for a Home of This Size and Stature. Tang also has some interesting business links to fellow Hong Kong billionaire Karen Lo, the Vitasoy heiress who has made waves in L.A.s real estate market in recent years, building a $100+ million estate on Holmby Hills coveted South Mapleton Drive and buying a $70 million Malibu mansion. My family loves Alec and they were all beaming with joy. He has methodically created 13 SPACsmore than any other investor. The Home Sits Back on Its Lot and Spreads Out Across the Width Almost Entirely. Your IP: It has acquired 110 companies and currently has $2.5 billion in assets. From the LA Times: "Former Vice President Al Gore and his wife, Tipper, have added a Montecito (CA)-area property to their real estate holdings. Before last year, none of Beverly Parks 75 (or so) homes had ever sold for more than $40 million. It is the residence of the Ex-President of the United States, George W. As part of the LEED certification process, they upgraded their windows, lighting, appliances and insulation, among other items in and around the home [] The residence is powered with a geothermal system as well as 33-solar panels. Links: en.wikipedia.org 5,430 views Unrated Categories In 2002 Alec paid $9.6 million for a beachfront home in Malibu. E. Beverly Park Lane. Either way, its one of the largest homes in all of Beverly Park, with 11 bedrooms and 21 baths, and the 2.2-acre lot is heavily fortified and very private, with dozens of mature trees, formal gardens and lush landscaping. Heart was aflutter here. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. http://losangeles.blockshopper.com/property/4458007015/23864_malibu_cove_colony/. This website is using a security service to protect itself from online attacks. Also, Richard Landry Has a 328-page Hardcover Book, Private Estates, That Features Many of the Previous Estates He Designed, Complete With Photos, Descriptions, and Behind-the-gates Looks at the Renowned Estates in Landrys Portfolio. This was considerably more than the amount of electricity used by the typical house in Nashville, about 15,600 kilowatt-hours a year. That figure was just about right, according to the numbers crunched by the AP. During dinner, toasts were made by Alecs best friends, who happen to include stars like Tobey Maguire and Sylvester Stallone. There are no other Beverly Park properties publicly listed for sale, save for two vacant lots that are both currently tied up in escrow, per the MLS. Despite years of also-ran status in the Los Angeles mansion game, it seems like the guard-gated community of Beverly Park is back in fashion and in a big way, appropriately. Lauren Andersen did my makeup and was such a wonderful and calming presence to be around before the ceremony. This is me hanging out with Sade right before walking down the aisle. The average bill for electricity and natural gas runs over $2400 per month. We used Carolyn Bessettes wedding dress as the main source of inspiration, and then made a modern, sexier version of it. Alec Gores was born in 1953 in Nazareth, Israel to a Catholic family. The couple had their original home on the site torn down, crated and shipped to Mexico for reuse by Habitat for Humanity. This is our final fitting at the Beverly Hills Hotel. Along with an indoor/outdoor koi pond, a meditation fountain and a solar infinity pool, outdoor amenities include a 16th century East Indian temple that was turned into a portico and frames views of the Santa Monica Mountains Conservancy. "They basically said they knew and they forbid it," she recalled of the "family" meeting. The property Gores acquired, a two-plus-acre residence built on the grounds of Barbra Streisand's former "Mon Rve" estate, was developed by Gala Asher, who purchased the property as a vacant lot. The e-mail says the Gore home "consumes more than 20 times the national average" in natural gas. It was absolutely magical.. With no takers, the massive house was subsequently given a complete renovation that transformed the Old World-style interiors into something much more clean-lined and generically contemporary, with loads of white and gray paint throughout. Cage lost the trophy home at a foreclosure auction earlier in April on the county courthouse steps in Pomona when it failed to generate any bids and ownership reverted to Citibank. The listing agents are Jade Mills of Coldwell Bankers Beverly Hills South office, Bennett Carr of Sothebys International Realty, Beverly Hills, and Mauricio Umansky, Hilton & Hyland, Beverly Hills. I still cannot believe how spectacular the weather was that dayit was 75 degrees, the ocean was calm, there was a slight breeze, and the sky looked like an Italian fresco painted by Michelangelo. Ad Choices. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. In contrast, the Crawford ranch belonging to Bush was about 4,000 square feet. However, this e-mail has mutated the claim to an "average bill for electricity and natural gas [that] runs over $2400 per month." Brandon and I both loved Carolyn Bessettes wedding dress when she married John F. Kennedy, Jr. She embodied timeless elegance and simplicity. Gores and his wife, Kelly Noonan-Gores, are looking to downsize, perhaps to a new house they are building on Beverly Hills' Tower Road, according to Dirt.com. In his spare time, Tom's activity of choice is basketball. Stunning Masterpiece Mediterranean Style Equestrian Mansion! The Architect, Richard Landy, Is One of the Best Architects for Homes of This Size. The Drive Then Proceeds, Running Along the Front of the Property and Either Around to the Garages Situated Along the Side, or Else Out to the Exit Gates Located on the Opposite End. The 20-room Montecito Home of the 'west Wing' Actor and His Jewelry Designer Wife Was Unaffected by Southern California's Recent Fires and Subsequent Mudslides,, They Listed Their Montecito Estate for $47 Million. ~~~~~ The Gores also participate in the "Green PowerSwitch" program offered by their utility [company]. HOUSE # 2 (model eco-friendly house) is . Then they designed and built a three-bedroom, four-bathroom contemporary that maximizes solar power and cross-ventilation. "Group says Gores home overuses electricity." Alec bought me the necklace for the wedding. The action you just performed triggered the security solution. The buyer was Titan Golden Capital. It was basically accurate then. Some of Tangs new neighbors include Denzel Washington, Eddie Murphy, Mark Wahlberg and Rod Stewart, and a number of other celebrities have bought homes in the enclave within the past two years: The Rock recently moved into his new Tuscan-inspired villa, Justin Bieber scored a $25 million compound and Sofia Vergara bought a sprawling manor once owned by Barry Bonds. The couple spent $8,875,000 on an ocean-view . His current $250+ million portfolio includes a $100 million mansion in the Holmby Hills neighborhood, a $38 million Beverly Park estate and a three-house oceanfront compound in Malibu worth $60 million, conservatively. Under a stunning sheer white canopy and beautiful glass lanterns, the guests took their seats for the ceremony looking out at the ocean as a 12-piece orchestra played. Though the off-market listing indicated the place spans 40,000 square feet of living space, public records put the number at just under 32,000, a discrepancy that could be caused by the two-story guesthouse. Famous for its collection of steroidal mega-mansions and celebrity residents, Beverly Park has some of Southern Californias largest homes within its gates, but the enclave has suffered from slow sales and stagnant prices for well over a decade. The Wall Street Journal first reported the big transaction. Owner: Tom Gores, Platinum Equity. Other green features include a photovoltaic system with battery backup, Solatube skylights, recycled glass terrazzo floors with radiant heating, recycled denim and organic cotton insulation, bamboo cabinets and doors, a roof garden and a water reclamation system. Out back, a sizable swimming pool is joined by a cabana and a big swath of grassy lawn. In natural gas alone, this property consumes more than 20 times the national average for an American home. The buyer was Titan Golden Capital. Word of the purchase was reported in late April in the Montecito Journal. Snopes.com. She argued that by participating in the "green" utility program and investing in renewable energy projects worldwide, the Gores were living a "carbon-neutral lifestyle.". Her success is well-deserved and her talent well-documented, which is why Behnke is not quite what you'd expect when you first meet her. He also is the founder and chairman of the Alliance for Climate Protection and a founder of the Beverly Hills-based environmental organization Live Earth. I also like timeless and classic, so I spoke with our planner, Mindy Weiss, and opted for a lot of beautiful candles and white and ivory flowers with a touch of pale coral and peach. Weathered Pavers Form the Path From the Motor Court, Through the Formal Parterre Garden, Up to the Front Entrance Creating a Scenic Procession. I have always dreamed of a beach wedding," says Kelly. It is the abode of that renowned environmentalist (and filmmaker) Al Gore. Homes of the Rich is the #1 luxury real estate blog on the web. A 2001 article in the Chicago Tribune said that the Bush ranch used geothermal heat pumps, as well as other environmentally friendly features. Founded by Skilled Architect Richard Landry, They Specialize in Designing Both Modern and Classic Styles of Homes and Have Designed Many Famous Mansions in the Los Angeles Area. He has also been instrumental in popularizing SPACs, beginning in the mid-2010s. These included Alec Gores's house on Lake Michigan (recently completed), a Polynesian-themed compound on the Big Island (awaiting approval), and a swooping contemporary remodel of a Malibu. The American businessman who made his fortune through leveraged buyouts of technology firms owns this house.