Tip - With Inventory Tight, Speculative Luxury Homebuilding Heats Up

Three years ago, Alessandro Cajrati Crivelli, an Italian who founded commercial developer Est4te Four, purchased a 1.3-acre parcel in Holmby Hills, one of Los Angeles’ most exclusive neighborhoods. The lot was right next door to the Singleton Estate (listed at $75 million and currently in escrow) in the heart of [...]
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