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A Peek Into Jennifer Aniston’s Real Estate Portfolio

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Famed private Jennifer Aniston has made it her business to keep her personal life out of the spotlight throughout her career, so it makes sense that her residences have always been little oases away from Hollywood. From their married home to Brad Pitt, a $ 13.1 million Beverly Hills giant that the couple renovated for three years, to their current Bel Air mansion, valued at $ 20.97 million Aniston spent tons of time and energy personalizing her excavations to maximize both comfort and privacy.

“If I weren’t an actress, I’d love to be a designer,” she told Architectural Digest in 2018. “I love the process. The choice of fabrics and surfaces has something that nourishes my soul. ”Here we have summarized the six spots that the actor has called home over the past two decades, each with its own story, aesthetic and story.

2001

A year after the engagement, Aniston and her husband Pitt paid $ 13.1 million for a 12,000-square-foot French Normandy-style home in Beverly Hills. The mansion was originally built in 1934 and designed by renowned Southern California architect Edwin Wallace Neff. In their possession, the two actors expanded and renovated the property with a private screening room, heated marble floors in the kitchen and a guest room with wooden floors from a 200-year-old French castle. They also added a multimillion dollar tennis court and guest house. In total, the A-list couple spent three years renovating the space and eventually sold it for $ 28 million in 2006 after their divorce in 2005.

2005

After splitting up with Pitt, Aniston reportedly rented a 1,531-square-foot beach home in Malibu for two years. The house, owned by Oracle co-founder Larry Ellison, had three bedrooms and three bathrooms and was right on the coast. Not much is publicly known about the house itself, as Aniston probably preferred.

2006

Aniston’s former living room opened onto a koi pond.

Photo: Scott Frances

Aniston knew her Harold W. Levitt-designed mansion in Beverly Hills was hers when she saw it. “I never doubted the house would one day be mine,” she told AD in 2010. She paid $ 13.5 million for the hillside residence in 2006 and then worked with designer Stephen Shadley for the next several years to transform it into a Balinese-inspired retreat with koi ponds, Brazilian coumaru eaves, and heated travertine floors on the top Veranda. Nicknamed the house “Ohana,” which means extended family in Hawaii, Aniston enjoyed entertaining and entertaining the “glamorous old-fashioned Hollywood” retreat. She eventually sold the 10,000-square-foot, single-story home in 2011 after listing it for $ 42 million; it eventually sold for $ 38 million.

The story goes on

2011

A month after Aniston sold Ohana, she and then-beau Justin Theroux rented a 1,761 square foot house north of Sunset Boulevard in Beverly Hills. The two-bedroom, two-bathroom residence was far more modest than the other Aniston properties, but no less charming: it had hardwood floors, vaulted ceilings, and a state-of-the-art kitchen with white marble tops. Perhaps the most enviable feature of the $ 3 million home, however, was its view: Perched high in the hills, the grounds offered unobstructed views. The couple reportedly paid $ 20,000 a month for rent.

That same year, the former Friends star spent $ 7.01 million on two West Village condos, one of which was a penthouse with original hardwood floors and a 900-square-foot wraparound terrace. She originally planned to merge the two houses into one mega-unit spanning over 2,000 square feet, but eventually paparazzi problems led her to bring it back to the market a few months later. It was sold to Aniston in 2012 at a loss for $ 6.5 million.

Aniston's Bel Air home that AD visited in 2018.

Aniston’s Bel Air home that AD visited in 2018.

Photo: Ty Cole

When the East Coast move failed, Aniston left nothing out and later that year grabbed a $ 20.97 million Bel Air mansion designed by A. Quincy Jones. She has teamed up again with Stephen Shadley to make the mid-century home less minimalist, more comfortable and more welcoming.

The Calacatta marble tub in Aniston's current mansion in Bel Air was custom made by its designer.

The Calacatta marble tub in Aniston’s current mansion in Bel Air was custom made by its designer.

Photo: FRANCOIS DISCHINGER

“Jen is drawn to wood, stone and bronze, materials with real substance and depth,” Shadley told AD. “No matter how beautiful or glamorous something is, it has to be warm and inviting.” Aniston still owns the 8,500 square meter residence.

Originally published on Architectural Digest

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Beyond the Boardroom: Coldwell Banker Real Estate Group’s Stefanie Pratt | Entrepreneurs

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Stefanie Pratt, president of the Champaign County Real Estate Association, outside her office.



The newly installed president of the Champaign County’s Real Estate Association can haul rocks, do a little landscaping, get homes ready for show, and of course, seal the deal. but STEFANIE PRATT does not mow.

“I hate mowing the lawn,” she says. “When I was younger I lived on a small farm and it was an eight hour day mowing every other week. I feel like I’m investing my time and that’s one thing I’d rather pay for. “

The Coldwell Banker Real Estate Group broker has just started her second tenure as the head of the local brokerage group that gave her the Rookie of the Year award 17 years ago to the promising new broker with “passion and commitment to his clients, careers.” “was awarded and community.”

The Champaign West Rotarian has all of this and more that she covered in answering the editor’s questions Jeff D’Alessio in the 98th edition of our weekly quick read that highlights executives large and small organizations.

I’m thrifty … I cut the ends of bottles of hair products, detergents, basically everything else to make sure all of the product comes out for use.

It’s amazing how much is left in bins of these items.

My meeting philosophy is … I like to get to the heart of things and move things forward. Discussions and examples may sometimes be involved, but it is important to bring them through when necessary so that it doesn’t get too long.

I don’t believe in a meeting, a meeting, another meeting. Time is precious, just do it.

The last luxury I indulged in was … Bought a limo from a company that I used all along that sold its inventory.

It was an incredible offer. Super cool investment and was worth using with my friends and now more in business too. I thought I might use it five to seven times a year, but that definitely went away quickly.

I even use it to travel to other states instead of flying, depending on how long it takes.

The hardest part about being a leader is … At these selected times, I can’t do things the way they should.

I will do anything for my clients, but some things are out of my control and that is difficult. Then there are people who have no loyalty and assume that making a lot of money is an easy job.

Tell my blood pressure LOL.

When it comes to my only favorite moment ever in this job … there are a lot of them, to be honest.

One of the many moments I can share was when a client was pregnant and went into labor. She asked me to be there until her mother could be there with her husband.

Her mom had to fly in so they cut it pretty tight. I was in her room and when she was about to give birth, her mother got there just in time.

I got off because the number of people allowed was limited. I was temporarily some sort of complement, but I was honored to be asked.

I can’t live without my … Phone, definitely.

But I don’t think I want a house without puppies. They keep things real and always remind me of unconditional love and understanding.

The biggest business risk I’ve ever taken was … quit my paid job and get into the real estate industry.

It was a big change to only work on a commission basis, but I knew I could get myself to be successful. I just had no idea how my life was really going to turn out. I am proud of my accomplishments.

As far as my daily routine … I’m not a morning person like that. I prefer to work long hours and get things done so I can rest.

The thought of postponing things until morning stresses me out. Plus, I’ve always been more of a night owl. I can also do a lot more when the phone is slower at night.

For my training program … I stretch four to six times a week, do weight training, an inversion bench, and a treadmill.

Sometimes meetings and appointments cut into my time, so at least four times. But I stretch every day.

I like to watch cooking shows on the treadmill. It gives me ideas for new recipes and techniques.

On a scale of 1 to 10, the impact of the pandemic was a … 10 for my business, crazy busy.

Seeing how others were not doing so well hurt my heart. So many people now live in fear and I am so sad to see it.

I bought a ton of gift cards last year and just gave them away to bring business to these restaurants and to help others.

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Uncovering Milwaukee’s Real Estate Boom

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You don’t have to be a real estate guru to know that Milwaukee is in the middle of a sellers’ market unlike any we have seen in decades. High demand, low supply, affordable mortgage rates, and opportunities to work from home have created an incredible housing market. What does this surge mean for Milwaukee and how long will it last? I asked Peter Promersberger of The Promersberger Group, Keller Williams, for his thoughts.

As a local real estate agent for 18 years, Promersberger states that the housing market is bursting across the country and Milwaukee is no exception. “The market in this city is just as strong as any other in the country,” he says. “Interest rates remain low and there are many more buyers than in previous years, which makes our market as competitive as that of neighboring cities.”

The Milwaukee Market

According to the Redfin Group, the average home sales in Milwaukee is $ 181,000; an increase of 7.3% from 2020. Recent trends in the Milwaukee housing market show homes sell 3% to 9% above asking price and are typically on the market between 31 and 43 days.

What are buyers looking for? Reports indicate that a quarter of Milwaukee properties recently sold included a home office, finished basement, and / or large master bedroom. Buyers also found great value in homes that included a washer and dryer, fenced yard, and / or patio.

“It’s important to note that the market has changed recently,” adds Promersberger. “Some properties still sell quickly after multiple offers. However, depending on the area and the condition of the house, some start to sit in the market a little longer.

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“In the spring, for example, offers were accepted in which no apartment viewing and no appraisal were agreed. Buyers regularly offered to pay the seller’s moving costs, ”says Promersberger. “While this is still happening, these situations in Milwaukee are starting to decrease.”

What about all condos?

Long-time residents are not only noticing an increase in condominiums across the city, but are also wondering who is moving into these hotspots?

The answer could be found in Milwaukee’s millennial population. In search of pedestrian-friendly neighborhoods, public transport and a variety of entertainment options, young shoppers often find what they are looking for in downtown complexes.

“The local market is strong with condominiums,” says Promersberger. “Young buyers attract condominiums because they want to live in an exciting atmosphere. Many aren’t interested in gardening, and they like the idea of ​​exploring their neighborhood on foot.

“The same goes for empty nests,” he adds. “They’re big on downtown condos because they want to walk to restaurants and other venues. They are no longer interested in maintaining their house and yard. They want a simpler life and that is what condominiums in the city center offer. ”

Some experts assume that the current housing market will shift in 2022 or early 2023. “Personally, I think the market will flatten out in 2022,” says Promersberger. “No matter what, the Milwaukee housing market will continue to be a success. This market has always been and will continue to be exciting and growing, which is just one of the reasons why Milwaukee is such a great city to invest and such a great place to live. ”

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The secret to getting the home you want

Have you found your dream home? In this competitive market, you need to act quickly. Real estate agent Peter Promersberger says working with the agent is key to getting your offer noticed.

“It is important to maintain good communication with the listing agent,” says Promersberger. “As soon as you want to make an offer, have your agent contact the listing agent. Find out what the sellers are looking for in a quote and work with your agent to come up with a fully executed quote. Make sure your agent clearly communicates the terms. By working closely with the agent, you will be better able to create an offer that will grab the seller’s attention. ”

Whether you’re looking to sell or buy a home, contact Peter Promersberger of The Promersberger Group, Keller Williams. Call 262-844-0237 or email peter@peterpsells.com.

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Home Appraisal Discrimination Puts a Dent in Black Wealth | Black Voices | Chicago News

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Research shows that black homeowners run the risk of losing the value of their homes because of discrimination in Chicago appraisals.

A 2015 study found that homes in predominantly white neighborhoods were rated more than three times higher than black and Latino neighborhoods, even after taking into account amenities and household income.

Across the country, black homeowners report that their homes are not rated higher until owners have removed all evidence of being black – family photos, for example.

Now there is growing pressure to pass state laws to protect black homeowners from valuation discrimination. US MP Bobby Rush (IL-1st) supports a bill to set up a task force to solve this problem, the Real Estate Valuation Fairness and Improvement Act (HB2533). Rep Rush also sent a letter to the Government Accountability Office requesting a study on racial bias in home evaluations this year.

Rush says he himself was a victim of valuation bias earlier this year when a white appraiser submitted a valuation of his Bronzeville home that was more than $ 250,000 less than Rush expected.

Lutalo McGee chairs the Discrimination Task Force at Illinois Realtors. He says the task force’s first goal is to make more realtors and homeowners aware of the problem.

“As realtors, we really just need to be familiar with the review process, how to work with reviewers, how we advise our clients on cases where we feel reviews have been unfair, and … prices when they come up,” said McGee . “We are here to educate and empower our customers. Both buyers and sellers. “

And the organization hopes HB2533 continues the work of eliminating inequalities in property valuation and increasing the number of black appraisers.

“Our second mission… is to ensure that our brokers and our members understand how the valuation process should work and are able to manage this process successfully. And ultimately, we hope to influence changes to the regulatory framework and guidelines that govern assessments and how assessments are conducted to ensure that things are unbiased and fair for all parties. “

Junia Howell, visiting professor of sociology at the University of Illinois Chicago, says the big differences arose over more than a century and are part of the legacy of decades of housing policy discrimination.

Howell’s work examines the legacy of redlining in national and local trends.

“What we colloquially refer to as redlining – or the process of literally going through government, going through neighborhoods and rating them and giving higher scores to the whites and the wealthier – is still because of the way we use sales comparisons We have approaches today based on these historical sales as well as various levels of bias built into the systemic element and the decisions of individual appraisers, ”Howell said.

Howell says the practice is nothing new and the effects linger.

“These effects are racial inequality, health effects, environmental effects. They’re ubiquitous because the way we value property affects how taxes and schools work, and affects all of these different components, ”Howell said. “And I would like to emphasize that although all individual prejudices are definitely part of the story and we urgently need more diversity in this area, we also have to be ready to think seriously about how the larger structure in the system is built … because this” Even deeper problems are somehow eliminated with this racial inequality and this perpetuation of inequality that we have continued for almost the last century. “

Real estate appraisal trainee Marcus Knight is relatively new to the industry – he only started work eight months ago. As a black man, he is a rarity in his job – according to the Appraisal Institute, less than 2% of reviewers nationwide are black. The former non-profit director says he was motivated to become a valuer when he realized the power real estate valuation can wield in underserved communities. Knight calls the evaluation process a mixture of art and science.

From Knight’s point of view, the reviewer’s race is less critical than a deep understanding of the neighborhoods he is reviewing.

“You need local market experts, and the most important thing is that you don’t have a lot of black and brown appraisers,” Knight said. “So, you know, if you could bring in more blacks and browns who know these areas … [comparables] for object properties that lead to … a fairer evaluation of the properties. “

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