Maloof Loses in Home Sale
Joe Maloof, president of Maloof Companies, isn’t used to losing. In fact, the Maloof family has a history of success in practically every venture they have taken on—be it in sports, music, media, or gambling. However, when Joe Maloof sold his Brentwood home, he took a 16 percent hit.
The 6,100-square-foot home with five bedrooms and five and a half bathrooms sold for $4 million. Records show Maloof purchased the house in 2004 for $4.75 million, but apparently Maloof isn’t the only one selling low. According to MDA DataQuick, in the first six months of 2009 other homes in Maloof’s area sold at an average of 19.8 percent less compared to 2008. Median price of the sales this year in the Brentwood neighborhood is $1,725,000.
Maloof Companies, owned and operated by the entire Maloof family, owns the Sacramento Kings and Monarchs, the Palms Hotel and Casino, Maloof Productions and Maloof Music, distribution rights to various beers in New Mexico including Coors, and is one of the largest shareholders in Wells Fargo Bank.
Related Articles
Osaka Miami Debuts Its New Nikkei Teishoku Lunch Experience in Brickell
Osaka Miami introduces its Nikkei Teishoku lunch, a customizable five course prix fixe menu featuring Japanese and Peruvian flavors in the heart of Brickell.
Haute Living and DaGrosa Capital Celebrate the Kempinski Residences Miami Design District Sales Gallery
DaGrosa Capital Development Partners, in partnership with Haute Living, celebrated the unveiling of the Kempinski Residences Miami Design District Sales Gallery with an exclusive evening that brought together some of the most prominent names in luxury real estate, business, and culture. Prominent executives, investors, tastemakers, and members of the media gathered to witness a milestone […]
The 15 Best Investment Handbags to Buy in 2026
From the Hermès Birkin to the Loewe Puzzle, these are the 15 editor-approved best investment handbags to buy in 2026.
Jacquemus x Timberland Reimagine the Classic Boat Shoe This Summer
Timberland and Jacquemus unveil a limited edition Lagoon Blue Authentic Boat Shoe for Summer 2026, blending heritage craftsmanship with bold design.
Miami Luxury New Developments — July 2026 Market Update
The Latest on Pricing, Deliveries, and Branded Residences Across South Florida’s $15 Billion Pre-Construction Pipeline South Florida’s luxury new-development market enters the second half of 2026 with its largest-ever active pipeline: more than 26 branded and ultra-luxury pre-construction projects across Miami-Dade, Broward, and Palm Beach counties, representing an estimated $15 billion-plus in total development value. […]
Woo Skincare + Cosmetics Is Giving Atlanta Something to Glow About
Glo2Facial Atlanta has a new home, and it’s reason enough to plan a visit to Woo Skincare + Cosmetics. If you’ve never wandered through Woo, prepare to lose track of time. Part luxury beauty boutique, part skincare playground, it’s the kind of place where you walk in for sunscreen. You leave with the serum everyone’s […]
Latest Stories
Trending Articles
Related Articles
Osaka Miami Debuts Its New Nikkei Teishoku Lunch Experience in Brickell
Osaka Miami introduces its Nikkei Teishoku lunch, a customizable five course prix fixe menu featuring Japanese and Peruvian flavors in the heart of Brickell.
Haute Living and DaGrosa Capital Celebrate the Kempinski Residences Miami Design District Sales Gallery
DaGrosa Capital Development Partners, in partnership with Haute Living, celebrated the unveiling of the Kempinski Residences Miami Design District Sales Gallery with an exclusive evening that brought together some of the most prominent names in luxury real estate, business, and culture. Prominent executives, investors, tastemakers, and members of the media gathered to witness a milestone […]
The 15 Best Investment Handbags to Buy in 2026
From the Hermès Birkin to the Loewe Puzzle, these are the 15 editor-approved best investment handbags to buy in 2026.
Jacquemus x Timberland Reimagine the Classic Boat Shoe This Summer
Timberland and Jacquemus unveil a limited edition Lagoon Blue Authentic Boat Shoe for Summer 2026, blending heritage craftsmanship with bold design.
Miami Luxury New Developments — July 2026 Market Update
The Latest on Pricing, Deliveries, and Branded Residences Across South Florida’s $15 Billion Pre-Construction Pipeline South Florida’s luxury new-development market enters the second half of 2026 with its largest-ever active pipeline: more than 26 branded and ultra-luxury pre-construction projects across Miami-Dade, Broward, and Palm Beach counties, representing an estimated $15 billion-plus in total development value. […]
Woo Skincare + Cosmetics Is Giving Atlanta Something to Glow About
Glo2Facial Atlanta has a new home, and it’s reason enough to plan a visit to Woo Skincare + Cosmetics. If you’ve never wandered through Woo, prepare to lose track of time. Part luxury beauty boutique, part skincare playground, it’s the kind of place where you walk in for sunscreen. You leave with the serum everyone’s […]
Subscribe to Haute Living
Receive Our Magazine Directly at Your Doorstep
Embark on a journey of luxury and elegance with Haute Living magazine. Subscribe now and have every issue conveniently delivered to your home. Experience the pinnacle of lifestyle, culture, and sophistication through our pages.
Haute Black Membership
Your Gateway to Extraordinary Experiences
Join Haute Black and unlock access to the world's most prestigious luxury events