These 31 startups are revolutionizing the way Americans buy homes and use offices

tech real estate vcs 4x3
The founders of “proptech” startups – firms that make various real-estate transactions or processes cheaper or more efficient using technology – are propelling a historically staid industry into the 21st century.

Real estate was long overdue for an overhaul.

Until recently, many processes that governed how physical spaces traded hands or were managed – not just buying, selling, and renting homes but also overseeing office towers and organizing warehouses – were only conducted via in-person deals or negotiations.

But a crop of companies focusing on real-estate technology, colloquially known as known as proptech, has emerged to modernize segments of the industry.

Take Beyond HQ, a San Francisco-based firm that harnesses proprietary technology to advise Bay Area companies when and where they should open new office locations. Then there’s MeetElise, an artificial-intelligence assistant (also known as a chatbot) that fields inquiries and requests from potential renters for landlords who own and operate multiple units.

Even before the pandemic, startups like these raised impressive sums. Then the coronavirus crisis hit. Social distancing made it even more essential to embrace new, virtual solutions for conducting the day-to-day essential tasks of the real-estate business. As a result, proptech startups – which made pockets of the sector faster, cheaper, and smarter – blossomed further. Beyond HQ raised $1.75 million, for example, while MeetElise pulled off a $6.5 million round in 2020.

To determine which startups are truly gamechangers, Insider reached out to venture capitalists to ask which proptech firms will continue to thrive in a post-pandemic world. We evaluated dozens of nominations for companies that are proving their relevance amid major cultural shifts in where employees live and what offices are even for. Also notable is increased digital adoption by everyday people buying or renting homes as well as industry professionals including realtors, landlords, office managers, contractors, and warehouse workers.

Weeks of careful vetting resulted in this list of the 31 hottest proptech startups right now.

Below, find two of the companies that VCs said have bright futures. Please see the full list for all 31 firms.

You can read the full story here if you’re an Insider subscriber.

Beyond HQ

Madhu Chamarty BeyondHQ
Madhu Chamarty, Beyond HQ founder & CEO.

City: San Francisco

Year founded: 2019

Total funding: $1.75 million 

What it does: Develops software to help companies figure out where and when they should open new offices. 

Why it’s hot: Two years ago, Madhu Charmaty noticed that tech companies in the Bay Area had tapped out the area’s workforce. He figured they could use a tool to explore other locations to set up operations and recruit talent, and Beyond HQ was born.

Then the coronavirus crisis prompted a mass nationwide migration of employees freed to relocate by the widespread adoption of flexible and remote work schedules. Now a year of pandemic work-from-home trends could further accelerate adoption of the company’s software, which pools data from myriad sources to calculate how firms can create a footprint that best caters to a resettled employee pool and evaluate the costs and opportunities of entering new markets.

Beyond HQ’s 2020 revenue was $200,000, Charmaty told Insider, adding that he expects to o more than double — to $500,000 — this year. The company is also close to raising another round of funding in range of $2.5 million to $3 million from venture capital backers, a sum that would bring its total fundraising to nearly $5 million. 

You can read the full story here if you’re an Insider subscriber.

MeetElise

MeetElise CEO Minna Song
MeetElise CEO Minna Song.

City: New York City

Year founded: 2017

Total funding: $8.4 million

What it does: Artificial-intelligence assistant helps owners of multifamily properties lease units faster and more efficiently by communicating with prospective renters.

Why it’s hot: Created by two MIT and Cambridge grads, “Elise” is an AI chatbot that can almost instantly answer prospective renters’ questions about apartment availability, floor plans, special rates, and more.

This digital communication frees up leasing agents’ time and can easily convert house hunters to applicants to residents. The technology — which modernizes a once tedious paper-and-people-based leasing process — is already in use at two giant property-management companies, Equity Residential and AvalonBay. The two rental juggernauts manage a combined 160,000 apartments.

MeetElise, led by CEO Minna Song, raised $6.5 million in Series A funding during the pandemic.

You can read the full story here if you’re an Insider subscriber.

Want to see the rest of the hottest real estate tech startups? Click here to read the full list.

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AT&T, Cigna abandon promises to stop financing Republicans who voted to overturn the election

Republican Sens. Ted Cruz (center) and Josh Hawley (top) led the GOP effort to challenge Electoral College votes on January 6, which was interrupted as Trump supporters attempted to violently overturn Biden's victory.
  • AT&T and Cigna have resumed funding GOP election objectors, Popular Information reported Friday.
  • Some companies paused PAC contributions after GOP efforts to overturn Biden’s victory led to violence.
  • Here’s how much each S&P 500 corporate PAC had given – and if they’ve paused or resumed contributions.
  • Visit Business Insider’s homepage for more stories.

AT&T and Cigna both gave money last month to groups overseen by Republican lawmakers who sought to overturn the US presidential election results in January, contradicting the companies’ earlier promises, Popular Information’s Jedd Legum reported Friday.

After violent pro-Trump rioters stormed the Capitol, interrupting the GOP’s last-ditch effort to invalidate states’ Electoral College results, companies faced intense public criticism over their financial support of the 147 Republican members of Congress who backed the effort.

Amid the backlash, dozens of major corporations said they would pause contributions and reevaluate how they determine which lawmakers to support.

Yet barely a month later, AT&T and Cigna have apparently determined that some of those lawmakers are once again deserving of support.

AT&T and Cigna did not respond to requests for comment on this story.

AT&T’s Political Action Committee (PAC), just 35 days after pausing contibutions to the 147 election objectors, gave $5,000 to the Republican Study Committee in February, according to Legum. Rep. Mike Johnson, a Republican from Louisiana who voted against certifying Electoral College results, sits on the RSC’s executive committee.

Cigna, which had said it would “discontinue support of any elected official who encouraged or supported violence, or otherwise hindered a peaceful transition of power,” continued that support just 22 days later by giving $15,000 to the National Republican Senatorial Committee, Legum reported. The NRSC is chaired by GOP Sen. Rick Scott of Florida, another election objector.

Political Action Committees backed by S&P 500 companies gave more than $23 million to the 147 GOP election objectors during the most recent campaign cycles (2020 for House members; 2016 and 2018 for senators), according to an Insider analysis of Federal Election Commission data provided by the Center for Responsive Politics.

Critics, from activists to shareholders to other executives, have argued the contributions helped those lawmakers get elected and stay in power, giving them the platform they used to undermine voters’ faith in the election (which Trump’s former top cybersecurity official called “the most secure in American history“).

Read more: Democrats are plotting the death – and rebirth – of a hamstrung Federal Election Commission now that they’ll control the White House and both chambers of Congress

Following reporting from Popular Information and other media outlets, many companies began rethinking their political contributions.

Companies’ commitments varied widely, however.

Few have permanently blacklisted election objectors, and as Democratic Rep. Alexandria Ocasio-Cortez pointed out, the largest contributions typically happen right before, not after elections, leaving the door open for companies to resume their support once the public’s attention has turned elsewhere – an argument bolstered by AT&T and Cigna’s recent contributions.

Other companies paused all PAC contributions, potentially allowing them to benefit from the positive PR without having to explicitly condemn – or risk alienating – more than half of the Republicans in Congress.

Still, dozens issued public statements or internal memos announcing they would pause contributions while reevaluating how they use their money to influence politics.

Here’s a list of the S&P 500 companies – some of the largest and most influential businesses in the US – how much they gave to the 147 election objectors in the latest election cycles through their corporate PACs, and whether they’ve pulled (or resumed) their support.

Do you work for one of these companies and have information about how they’re responding to recent events? We’d love to hear how they’re navigating the current political landscape. Contact this reporter using a non-work device via encrypted messaging app Signal ( +1 503-319-3213 ), email (tsonnemaker@insider.com), or Twitter (@TylerSonnemaker ). We can keep sources anonymous. PR pitches by email only, please.

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US mortgage rates hit a 9-month high – and they’ve been climbing since January as inflation fears rise

Model homes and for sale signs line the streets as construction continues at a housing plan in Zelienople, Pa., Wednesday, March 18, 2020.  U.S. new home sales fell 4.4% in February with bigger declines expected in coming months as the coronavirus puts a major crimp on home sales. (AP Photo/Keith Srakocic)
Model homes and for sale signs line the streets as construction continues at a housing plan in Zelienople, Pa., Wednesday, March 18, 2020. (AP Photo/Keith Srakocic)

  • The average 30-year fixed mortgage rate rose to 3.09% this week, its highest level since June.
  • Rates have been rising since January as markets gird for economic reopening and stronger inflation.
  • Still, demand for homes is handily outstripping supply as new construction fails to accelerate.
  • See more stories on Insider’s business page.

Mortgage rates continue to climb in the US as concerns of rising inflation counter past months’ historically low borrowing costs.

The average 30-year fixed mortgage rate rose to 3.09% this week, according to data from Freddie Mac. That’s the highest level since late June and compares to a reading of 3.05% one week prior. Still, the 30-year rate average sits well below its year-ago level of 3.65%.

The average 15-year fixed mortgage rate rose to 2.4% from 2.38% last week to hit, hitting its highest point since September.

Mortgage rates have steadily risen since January as investors position for stronger inflation as the economy rebounds. Treasury yields underpin a wide range of borrowing rates including those for home loans, and the recent sell-off in government bonds placed upward pressure on mortgage rates. The 10-year yield rose to a 14-month high following the Federal Reserve’s March policy meeting on Wednesday, signaling rates will trend higher in the coming weeks.

The trend hasn’t yet pushed potential buyers out of the market, Sam Khater, chief economist at Freddie Mac, said in a statement. While the 30-year average rate now sits well above its January floor of 2.65%, borrowing costs are still relatively low. Robust demand for new homes also signals the housing market boom has plenty of staying power, the economists said.

“Residential construction has declined for two consecutive months and given the very low inventory environment, competition among potential homebuyers is a challenging reality, especially for first-time homebuyers,” Khater added.

More barriers than just higher mortgage rates

The housing market was one of the few pockets of the economy to see activity surge through the pandemic. The Federal Reserve’s decision to cut interest rates to record lows one year ago dragged mortgage rates to historically low levels and spurred fresh demand.

But while interest rates remain near zero, mortgage rates have been more closely tracking Treasury yields. The near-zero rates that sparked the housing boom are no longer its primary driver.

New hurdles have emerged from the strained relationship between buyers and builders. Home prices shot higher as demand handily outstripped supply. And though rates have risen through the spring, contractors are still unable to keep up with the market.

That supply-demand imbalance is now forcing potential homebuyers to pay above listing prices just to secure a purchase. The sale-to-list price ratio tracked by Redfin rose to 100.1% for the week that ended March 7, its highest level since data collection began in 2016. The firm also found median sales prices for newly listed homes reached a record high and that new listings were down 17% year-over-year.

Even pricier materials are contributing to soaring home costs. The National Association of Homebuilders said last month that factory shutdowns last March slammed lumber supply chains and led to a spike in the commodity’s price. Elevated lumber costs now add roughly $24,000 to the price of a new home, NAHB Chairman Chuck Fowke told HousingWire.

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Surging lumber costs have increased the average cost of a new house by $24,000

lumber and building materials store
  • Lumber prices have skyrocketed since the pandemic began, adding $24,000 to the price of new homes.
  • Demand for materials soared during the pandemic as supply tightened with factories idle.
  • The National Association of Home Builders chair said vaccine rollout should help bring costs down.
  • See more stories on Insider’s business page.

While the pandemic hit the US, everyone seemed to want their own house. With mortgage rates at record lows and no need to commute to work in cities for at least 2020, prices soared everywhere. But they’re also soaring because there isn’t enough wood out there: lumber, to be exact.

Now it’s clear how much the lumber shortage is adding to the skyrocketing price of new homes: a whopping $24,000.

That stat is courtesy of the National Association of Home Builders (NAHB), which found the price of an average family home increased by $24,386 since April, with the market value of a multifamily home increasing by $8,998 over the same time period.

A report from the NAHB in February said the lumber supply chain impact came as factories shut down almost immediately last March for safety reasons, and then as demand spiked, supply couldn’t keep up. Lumber prices have jumped by almost 200% since April 2020.

“The elevated price of lumber is adding approximately $24,000 to the price of a new home,” NAHB Chairman Chuck Fowke told real estate news site HousingWire. “Though builders continue to see strong buyer traffic, recent increases for material costs and delivery times, particularly for softwood lumber, have depressed builder sentiment this month. Policymakers must address building material supply chain issues to help the economy sustain solid growth in 2021.”

Zillow’s Producer Price Index found that February’s 2.8% annual increase in sales was the strongest it had been since October 2018, meaning that while more houses are being sold, supply for building materials, like lumber, remain low and costly.

On March 12, the NAHB, along with more than 35 other housing organizations, wrote a letter to Commerce Secretary Gina Raimondo asking her to examine the lumber supply chain and look into solutions for the high costs.

“Housing and construction can do their parts to create jobs, boost the economy to its pre-pandemic strength, and provide safe and affordable housing for all Americans, but in order to do so the federal government needs to address skyrocketing lumber prices and chronic shortages,” the letter said.

Building 1,000 average single-family homes creates 2,900 full-time jobs and generates $110.96 million in taxes and fees, the letter said, emphasizing the economic benefits the government would reap in finding solutions to the expensive building materials.

Fowke told HousingWire that the continued rollout of COVID-19 vaccines will help decrease the costs of lumber since more mills will be able to safely reopen, and with more homes being built, home builder confidence should rise. (Homebuilder confidence fell by two points in March.)

The timeline on when material prices will decline is yet to be determined, but prices might start to come down with President Joe Biden on Monday promising 100 million COVID-19 shots in the next 10 days.

“Shots in arms and money in pockets – that’s important,” Biden said.

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Donald Trump Jr. and Kimberly Guilfoyle just sold their Hamptons house for $8 million – nearly double what they paid for it in 2019. Look inside the 7-bedroom home.

donald trump jr hamptons house
The Bridgehampton home sits on 3.9 acres in a gated community.

Donald Trump Jr. and his girlfriend, former Fox News host Kimberly Guilfoyle, just sold their house in the Hamptons for $8.14 million, a source close to Guilfoyle confirmed to Insider.

donald trump jr hamptons house
Trump and Guilfoyle’s bought the Bridgehampton home almost two years ago.

The couple nearly doubled the return on their investment in the Bridgehampton home, which they purchased for $4.4 million in the summer of 2019.

The home was not publicly listed, according to Page Six, who first reported the deal. James Giugliano and Shawn Egan of Nestseekers brokered the deal, per the Page Six report. The agents didn’t immediately respond to Insider’s request for comment.

Trump Jr. and Guilfoyle, who have been together since at least June 2018, are now looking for a home in Florida as the rest of the Trump family relocates to the Sunshine State, the source close to Guilfoyle said.

Kimberly Guilfoyle and Donald Trump Jr.
Guilfoyle and Trump Jr. at a Ted Cruz Rally in Texas in October 2018.

In January, virtually the entire Trump family made moves to Florida.

Former president Donald Trump and Melania Trump left Washington, DC hours before Biden’s inauguration and took up residence in Trump’s Mar-a-Lago club. 

The day before, The Wall Street Journal reported that Ivanka Trump and Jared Kushner signed a lease for a “large, unfurnished unit” in a Miami Beach condominium building for at least a year. This move came after the couple bought a $32 million lot in December on a high-security private island in Miami that’s known as the “Billionaire Bunker.” 

Page Six reported at the time that Tiffany Trump was also looking for property in Miami. 

Trump Jr. and Guilfoyle’s sale of their Bridgehampton pad comes as the Hamptons real-estate market has boomed during the pandemic.

donald trump jr hamptons house

The exclusive strip of villages on New York’s Long Island has seen bidding wars and homes flying off the market at record prices, Insider’s Juliana Kaplan recently reported.

The 9,200-square-foot Bridgehampton home sits on nearly four acres in a private gated community, according to a former listing.

donald trump jr hamptons house

The living room features a fireplace and high ceilings.

A formal dining room seats at least eight people.

donald trump jr hamptons house

Source: Corcoran

Another dining area is just off the kitchen.

donald trump jr hamptons house

Source: Corcoran

The spacious, farmhouse-style kitchen is divided by a large island.

donald trump jr hamptons house

Source: Corcoran

The kitchen leads out to a screened patio overlooking the pool.

donald trump jr hamptons house

Source: Corcoran

The home’s master suite has its own sitting area and private deck.

donald trump jr hamptons house

Source: Corcoran

There are six other bedrooms in addition to the master suite.

donald trump jr hamptons house

Source: Corcoran

And they each come with an en-suite bathroom.

donald trump jr hamptons house

In total, the home has 10.5 full bathrooms and one half-bathroom.

The listing photos show multiple sitting areas throughout the house.

donald trump jr hamptons house

Source: Corcoran

A game room with a billiards table opens up to one of the decks.

donald trump jr hamptons house

Source: Corcoran

The house is minutes from the beach and includes large mahogany and stone patios, a heated pool and spa with a waterfall, and waterfront access to a 25-acre pond.

donald trump jr hamptons house
The Bridgehampton home sits on 3.9 acres in a gated community.

Source: Corcoran

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Silicon Valley’s most expensive property, a 74-acre compound with 7 homes, just listed for $135 million. Take a look at the sprawling estate.

silicon valley estate green gables
There’s plenty of patio space for al fresco dining and entertaining.

Green Gables, a sprawling 74-acre estate in Woodside, California, has hit the market for $135 million.

silicon valley estate green gables
An aerial view of Green Gables’ main residence.

It’s the most expensive and one of the largest private homes for sale in the Silicon Valley area, according to reports from Bloomberg and the San Francisco Chronicle.

In 1907, Mortimer Fleishhacker Sr., the founder of Anglo California Bank and the Great Western Power Co., started assembling adjacent swaths of land in Woodside with the goal of building a family compound, according to Christie’s International Listing, which holds the listing along with Compass.

The home has remained in the family ever since — until a few weeks ago when the Fleishhacker family put it on the market for $135 million.

Fleishhacker Sr.’s great-grandson, Marc Fleishhacker, who lives in Florence, Italy, told Bloomberg that he and the nine other cousins who own shares of the home decided to sell it as the family grew and the question of who would inherit the property became too complicated.

Zackary Wright of Christie’s International Real Estate and Brad Miller and Helen Miller of Compass are the listing agents.

Woodside, where Fleishhacker Sr. amassed his sprawling estate, is a wealthy suburb of about 5,500 people near San Jose.

woodside california
Filoli, an historic country estate in Woodside.

Woodside’s median household income is more than $250,000 and the typical home value is nearly $3.6 million.

Oracle cofounder Larry Ellison owns a 23-acre estate in Woodside, and multiple other tech billionaires have been known to own homes there.

Green Gables comprises seven houses with a total of 32 bedrooms, three swimming pools, tennis courts, a barn structure, and expansive grounds that include orchards, formal gardens, and woodlands.

silicon valley estate green gables

Each of the estate’s six other homes are in their own secluded areas, according to the listing.

The main home overlooks a 60-by-300-foot Roman pool with an aqueduct-like stone edifice.

silicon valley estate green gables

Source: Christie’s International Real Estate

Wildlife like deer and great blue herons can be spotted roaming the property, according to the Millers, the Compass listing agents.

silicon valley estate green gables

And it takes more than two hours to walk around the estate’s vast acreage, the Millers told the San Francisco Chronicle.

Green Gables’ main 10,000-square-foot residence was the first structure to be completed in 1911.

silicon valley estate green gables
There’s plenty of patio space for al fresco dining and entertaining.

It features plenty of patio space for al fresco dining and entertaining. 

Inside, many of the furnishings were chosen and designed by Elsie de Wolfe, a New York interior designer whose high-profile clients included the Duchess of Windsor.

silicon valley estate green gables

The mansion itself was designed by architects Charles and Henry Greene.

The estate’s expansive grounds have both formal gardens and woodlands with native California shrubs and flowers.

silicon valley estate green gables

Source: Christie’s International Real Estate

Flowering wisteria plants can be seen on some parts of the property.

silicon valley estate green gables

Source: Christie’s International Real Estate

In one quiet corner of the grounds sits a rustic two-story teahouse that has a kitchen and a covered patio area.

silicon valley estate green gables

Source: Christie’s International Real Estate

Green Gables may be the priciest current listing in Woodside, but the area is full of other astronomical real-estate prices.

silicon valley estate green gables

About 2.5 miles away, a nearly 13-acre estate with an equestrian arena and horse stables is on the market for $50 million.

Woodside’s real-estate record was set in 2013, when Softbank founder Masayoshi Son dropped $118 million on a nine-acre estate that was never publicly listed.

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The atmosphere is grim at Trump’s deserted Washington DC hotel as the MAGA crowd skips town, says report

trump hotel
A view outside Trump International Hotel Washington, D.C. one day before the inauguration of Trump on January 19, 2017 in Washington, DC.

  • Trump’s Washington hotel has suffered a loss of income and interest, a Guardian report says.
  • The hotel is bearing the brunt of the pandemic and the fallout of Trump’s election defeat.
  • The former president once dubbed it “one of the great hotels of the world.”
  • See more stories on Insider’s business page.

Former President Trump’s Washington DC hotel, which was once the bustling hub of the MAGA world, is now eerily empty after suffering a huge loss of income and status, according to a report by the Guardian.

The Trump International Hotel, which the former president once called “one of the greatest hotels of the world,” has been impacted heavily by the ongoing coronavirus pandemic as well as Trump’s departure from the White House two months ago.

When the hotel, located between the White House and the US Capitol, opened its doors four years ago, it quickly became a major draw for diplomats, lobbyists, Trump loyalists, and family members. The hotel’s steak restaurant was regularly fully booked, a former executive chef told CNN last month.

But since Trump left the White House and moved his base to the Mar-A-Lago resort in Florida, the atmosphere has been eerily quiet. One week after President Biden’s inauguration, the lobby was left largely vacant and waiters and staff members outnumbered the customers, the New York Times reported.

Sally Quinn, a local journalist who has written about the hotel, told the Guardian she “can’t imagine who goes there now.”

“We don’t even have tourists yet in Washington. I can’t imagine most people staying there when they come. I don’t know anybody who goes there or has gone there,” Quinn said.

Hotel staff has also confirmed that the number of visitors has dropped visibly.

One staffer, who did not want to be named, told CNN: “Since the coronavirus, we weren’t doing so bad until I’d say probably a month ago. It really, like, slowed down.”

Washington is currently in Phase Two of its reopening plan, according to a government website. This means that indoor restaurants and bars are allowed to be open but are only limited to 25% capacity. Hotels are also open.

But there is no doubt the pandemic and subsequent lockdowns have hit the hotel industry brutally.

The Trump International Hotel made just $15.1m in revenue last year, a drop of more than 60% from the year before, the Guardian reported.

Hotel staff pretend they were supporters of the former president

capitol siege trump suporters
Supporters of US President Donald Trump protest inside the US Capitol on January 6, 2021, in Washington, DC. – Demonstrators breeched security and entered the Capitol as Congress debated the 2020 presidential election Electoral Vote Certification.

Trump’s election loss and the January 6 Capitol insurrection, which happened only a few blocks away from the hotel, tainted its reputation further.

Last month, the Washingtonian reported that hotel employees at the Trump International had to pretend they were supporters of the former president, even though they weren’t.

According to the Washingtonian, the onset of the coronavirus pandemic triggered layoffs for all employees last year. But once shutdown restrictions lifted, workers said a new task became making sure Trump allies visiting the hotel – who often neglected public health guidelines – would wear a mask.

Asked about the hotel’s current occupancy and revenue numbers, Eric Trump, who runs day-to-day operations of the family real estate empire, praised the hotel in a statement without providing any specific figures.”Our location is unrivaled and we are incredibly proud to have the best hotel in our nation’s capital,” he said.

Trump reportedly tried to sell the hotel in 2019 for about $500m, but those plans are now said to be on hold. A room at the Washington DC hotel typically costs around $47 to $596 (£439) per night at this time of year, according to 1100 Pennsylvania.

Kevin Chaffee, the senior editor of Washington Life magazine, told the Guardian: “The Trump hotel has been struggling for quite a while and, without him being there, people don’t need to curry favor by staying there. Some embassies had their events there and they don’t need to do that now.”

He added: “The bar was like the White House mess but those people no longer have any reason to meet and try to find out what’s happening on the scene because the man is gone. So it must be like a ghost town.”

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Take a look inside Pamela Anderson’s beachfront home in Malibu, which just hit the market for $14.9 million

Pamela Anderson house
Pamela Anderson and her luxury beachfront property in Malibu Colony.

  • Pamela Anderson has listed her beach-front property in Malibu for $14.9 million.
  • It also looks out onto a private lagoon and has access to a private beach.
  • Scroll down to see photos of the luxury property with its rooftop fireplace, spa, and sauna.
  • Visit the Business section of Insider for more stories.

Actor and model Pamela Anderson is selling her super-modern Malibu home for $14.9 million.

The privately-gated property has a rooftop deck with a fireplace, a sauna, and a separate guest house.

It also looks out onto a private lagoon and has access to a private beach.

The property is owned by Anderson and her bodyguard who she married in December. Anderson is selling the property to move to a house on Vancouver Island, Canada, that she bought around three decades ago and plans to renovate.

This doesn’t mean that the rich are fleeing Malibu, however. “The Malibu market has become the destination of choice for high net worth and ultra-high net worth individuals from across the nation,” Tomer Fridman, who is listing the property for The Fridman Group, said.

“Malibu Colony, in particular, is one of Los Angeles’s most important enclaves dating back to Hollywood’s heyday of ’20s glamour,” he added.

Anderson rose to fame as Playboy’s “Playmate of the Month” in February 1990. She broke into acting a year later as “the Tool Time Girl” in “Home Improvement,” but is best known for “Baywatch.”

Anderson is also well known for her animal rights activism, and the property has sustainable features to match, including solar panels and an irrigated vegetable garden.

The interior floor space totals 5,500 square foot, and it sits on a 6,324 square foot site.

Pamela Anderson house

The main property has an open-plan kitchen and lounge …

Pamela Anderson house

… alongside three bedrooms.

Pamela Anderson house

The master suite has a private balcony …

Pamela Anderson house

… as well as a luxury en-suite with a tub, dual sinks …

Pamela Anderson house

… and a sauna.

Pamela Anderson house

The property is furnished with teak wood throughout.

Pamela Anderson house

The property also has a rooftop deck with fireplace and views over the pool and Malibu Colony.

Pamela Anderson house

The site also comes with a one-bed guest property, which is enclosed in glass.

Pamela Anderson house

The property also has its own spa …

Pamela Anderson house

… alongside a pool with underwater bar stools.

Pamela Anderson house
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Manhattan DA’s probe ramps up, placing new scrutiny on Trump’s debt-ridden New York properties

trump tower debt buildings
Banks have now placed three of the four of former President Donald Trump’s real estate holdings on debt “watch lists,” CBS News said.

  • The Manhattan DA probe into former President Donald Trump is heating up, Insider reported on Friday.
  • The investigation is placing new scrutiny on Trump’s commercial properties.
  • Banks have placed three of the former president’s buildings on debt “watch lists,” CBS News said.
  • See more stories on Insider’s business page.

As Manhattan District Attorney Cyrus Vance Jr.’s probe into former President Donald Trump steps up a gear, four of Trump’s New York properties have come under renewed scrutiny.

Trump Tower, Trump International Hotel and Tower, 40 Wall Street, and Trump Plaza have missed lenders’ earning projections for five consecutive years, CBS News reported.

Banks have now placed three of the four real estate holdings on debt “watch lists,” the media outlet said.

Mortgage-payment processors have flagged the loans tied to these three properties due to consistent financial underperformance, CBS said.

Wells Fargo and other banks have told investors that reduced incomes on these holdings, due partly to the COVID-19 pandemic, could result in the properties not generating enough money to cover their mortgage payments, CBS News reported.

In addition to presenting Trump with financial troubles, investigations into these properties could also pose legal challenges.

The Manhattan District Attorney’s office has subpoenaed a New York property tax agency as part of the broad criminal probe, Reuters reported. Prosecutors are looking for signs of possible fraud, the media outlet said.

While Vance’s sprawling probe’s exact scope is not known, court filings suggest that he could be looking into whether Trump and the Trump Organization violated New York laws by manipulating the values of these commercial properties for tax and loan purposes.

The wide-ranging investigation into whether Trump or his businesses violated state tax laws could be reaching its conclusion imminently, Insider reported on Friday.

John Dean, President Richard Nixon’s White House counsel who played a major role in the Watergate scandal, said on Twitter that Trump could be indicted in just a matter of days.

“From personal experience as a key witness, I assure you that you do not visit a prosecutor’s office 7 times if they are not planning to indict those about whom you have knowledge,” Dean’s tweet said.

This refers to Michael Cohen, Trump’s former personal attorney, meeting with prosecutors for the seventh time this week. His latest meeting lasted for over two hours, NBC News reported.

Cohen, who was sentenced to three years in prison after pleading guilty to several felonies, has previously testified to Congress about Trump’s alleged financial mismanagement. In the 2019 testimony, Cohen said that Trump had manipulated the value of assets “when it served his purposes.”

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You can rent Lady Gaga’s former Manhattan apartment for $2,000 a month

Lady Gaga house NYC
Lady Gaga’s former apartment is on the rental market.

An apartment that Lady Gaga used to live in has hit the rental market.

The Manhattan apartment, in the heart of Lower East Side, costs $2,000 a month.

Lady Gaga house
The kitchen has a skylight.

The modest property has three rooms in total: a bedroom, a bathroom, and an open kitchen. It’s located in a “well-maintained” 18-unit Stanton Street apartment block, which was built in 1900, according to Alex Livshiz, who is managing the listing for Compass.

The property is flooded with natural light from its kitchen skylight and north and west-facing windows, and has 10-foot ceilings throughout.

Lady Gaga house
The main room is an open kitchen with ample space for dining or relaxing.

Livshiz described the property’s condition as “excellent.”

Gaga stayed in the property while writing her 2008 debut album “The Fame,” The New York Post reported. She allegedly paid just $1,100 a month in rent while living there.

Her homes since have cost her much more. She currently lives in a $22.5 million Malibu mansion she bought in 2014, complete with a two-lane bowling alley, a massive wine cellar, and a beautiful view of the Pacific – and spent a further $$60,000 on Koi fish imported from Japan for the gardens. She also dropped $5.25 million on Frank Zappa’s former Hollywood Hills abode in 2016.

Lady Gaga house
French doors connect the bedroom to the kitchen.

Gaga fans are keen to buy her former possessions or merchandise associated with the star. A red 1986 Alfa Romeo Spider Graduate formerly owned by Gaga was auctioned off for more than $14,000 in February. As well as her makeup line, in January she also started selling a limited-edition Oreo cookie to accompany the launch of her “Chromatica” album.

Fans can also dine at the New York City restaurant, “Joanne Trattoria,” which she set up with her father in 2012.

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