Beverly Hills Artist, Energy Guru & Landscape Designer Also Does Dreamy Homes!
Beverly Hills-based architect Brian Tichenor is a man of many talents, widely recognized for original, artful building designs that integrate large-scale residences and their surrounding landscapes. A graduate of UCLA, Tichenor is a member of the architecture faculty at rival school University of Southern California. Some of his most notable projects include the new LA Times Headquarters and Nantworks, a campus of DNA sequencing and R&D labs on reclaimed oil fields in the north Baldwin Hills that use methane capture, solar infrastructure, and co-generation to achieve energy self-sufficiency.
The Artist
In the art world, Tichenor’s colorful watercolors are found in the homes of many art collectors. And Brian has completed more than 100 gardens throughout the world. With his wife, fellow architect Raun Thorp, he is the author of Outside In: The Houses and Gardens of Tichenor & Thorp, published by Vendome Press in 2017.
A ten-acre estate in Alamo, thoughtfully designed by Tichenor, has been listed for sale at $17.75 million usd/ $24.4 million cad.
Known as Lark Ridge Estate, the property includes Tichenor’s trademark landscaping featuring Mediterranean-style gardens, a lion’s-head fountain with Emperador dark marble surround, a dark plaster pool, and an octagon-shaped spa, complemented by the property’s stunning views of Mt. Diablo and the surrounding valley.
Three houses sit on the grounds, protected by private gates. The 9,812-square-foot main house includes six bedrooms and nine bathrooms. The two-story mansion is the classic Mediterranean with a red-tile roof. Exquisitely designed for indoor-outdoor living, the floor plan offers grand-scale entertaining spaces, casual living areas, sitting rooms, private bedroom retreats, enormous walk-in closets, spa-like bathrooms, dual-executive-office spaces, a gym, and a media room.
French doors, extensive use of Venetian gold from Italian artisans, antique fireplaces, rock crystal chandeliers, and custom onyx-and-marble countertops impart an air of decadent luxury. Each room is unique, with truly stunning wall coverings, including parchment and gold-leafed wallpaper in the executive office, pearlized Venetian plaster walls in the master suite, custom hand-painted grass-cloth walls in the family room, and a fireplace from New York’s Plaza Hotel. Miele appliances, state-of-the-art AV & security systems, motorized shades, and a computerized lighting system offer the ultimate in high-tech living.
The 917-square-foot carriage house provides a one-bedroom/one-bathroom guest home with a full kitchen and laundry room over an impressive nine-car secondary garage. The 718-square-foot tennis house offers a similar one-bedroom/one-bathroom layout with a kitchenette. Perfect for entertaining, the tennis house opens onto the full-sized lighted tennis court with a basketball hoop and the entertainment deck with a two-way fireplace. An outdoor kitchen and bar, ample poolside lounging areas, and resort-inspired amenities are sure to charm even the most discerning guests.
Located 28 miles south of San Francisco, Alamo is a suburban community known for its bucolic feel and relaxed atmosphere, close enough to San Francisco and Silicon Valley for a comfortable commute but secluded from the hustle and bustle of the city. Lark Ridge Estate sits just above the Iron Horse Regional trail, beloved by walkers, runners and cyclists. Numerous parks and wilderness areas surround the community, which has not yet been heavily developed. Celebrities who call Alamo home include Olympic gold medalist Kristi Yamaguchi, MLB record-setter Mark McGwire, and Oakland Raiders owner Marc Davis.
The listing is held by Dana Green of Dana Green Team of Compass, Lafayette, California.
North America’s most famous living photographer, Annie Leibovitz, had quite the surprise when she bought her 65-acre home and farm in 2019 and learned that North America’s most famous photographer of the 20th century, Ansel Adams, had photographed one of the farm’s barns a century ago. It was the perfect metaphor for her purchase of The Hideaway in Bolinas, California.
Annie Leibovitz – Queen Elizabeth II. Sold for $27,500 usd/ $37,600 cad via Phillips (April 2012).
Leibovitz is renowned for her intimate portraits of celebrities for Rolling Stone, Vanity Fair, and Vogue. She did Mick Jagger, Adele, Linda Ronstadt, Queen Elizabeth II, Bruce Springsteen, The Blues Brothers, and the Barack Obama family.
Her snapshot of John Lennon wrapped around Yoko Ono, taken just a few hours before his death, is one of Rolling Stone’s most famous cover images. And her photos of then 15 year old Miley Cyrus sparked controversy and marked a turning point in the young singer’s career.
Leo DiCaprio with Swan 1997 by Annie Leibovitz
Declared a Living Legend by the Library of Congress, Annie is the first woman to have a feature exhibition at Washington’s National Portrait Gallery. Born in Connecticut and based in New York, the self-described “California Person” purchased a 65-acre home and farm, known as The Hideaway, in Bolinas, California in 2019, hoping to spend more time on the West Coast, where she had majored in photography at the San Francisco Art Institute. But with her three young adult children on the East Coast, Annie has decided to list the property for sale at $8.9 million usd/ $12.8 million cad.
With her new property dating back to the 1800s, Leibovitz spent over $2 million usd/ $ 2,736,000 cad on improvements, which included several structures: a home with four bedrooms, a guest house, a caretaker’s residence, and a converted garage.
The original, vintage rotary dial phone was retained in the renovation.
A previous owner, Hardly Strictly Blue Grass founder Warren Hellman, added a recording studio and a performance venue with a banquet hall to the property.
An equestrian’s dream, the complex has impressive horse facilities, including a 100′ x 200’ all-weather riding arena and a top-of-the-line, seven-stall barn with exposed beams and an attached office. Spectacular rolling hills and verdant pastures provide fodder for horses, cattle, or other livestock.
Last but definitely not least: gorgeous views of Bolinas Lagoon, Stinson Beach, Mount Tamalpais, the Pacific Ocean, San Francisco, and the surrounding countryside add even more allure to the picture.
What might be described as the perfect California location on Bolinas Bay, Bolinas has a small-town atmosphere but is only an hour’s drive north to San Francisco. Known for its reclusive residents, Bolinas is only accessible via unmarked roads. The Hideaway is close to bird and seal sanctuaries, botanical gardens, great spots for kayaking and surfing, and the charming Bolinas and Stinson Beach towns. Almare Falls, one of only two beach waterfalls in the continental United States, is accessible via the California Coastal Trail. Other celebrities hiding away in this uniquely beautiful, secluded area include director Joel Coen, actress Frances McDormand, chef and restaurateur Alice Waters, and Third-Eye Blind frontman Stephan Jenkins.
The listing is held by Alexander Fromm Lurie at Compass. Photo credit: Jacob Elliott, courtesy of Compass.
Widely regarded as the greatest heavyweight boxer of all time, Muhammad Ali was named “Sportsman of the Century” by Sports Illustrated in 1999.
Born Cassius Clay in Louisville, Kentucky, he started boxing at the age of twelve. At eighteen, he took home gold in the 1960 Olympics before going pro. In 1964, he upset Sonny Liston to become the heavyweight champion of the world, converted to Islam, and changed his name. Citing his religious beliefs, he refused to be drafted during the Vietnam War, fighting a draft-dodging conviction all the way to the Supreme Court. His stance against the war and his prominence as a black sportsman during the civil rights era made him a hero to African Americans and the counterculture. His fancy footwork and unorthodox movement made him the world heavyweight champion three separate times between 1964 and 1978, while his brash style and poetic trash-talking influenced hip-hop music.
Outside the ring, he was nominated for two Grammys for his spoken word albums. The superstar retired from boxing in 1979 and died in 2016.
Muhammad Ali’s former mansion, a beautiful Italian Renaissance home in a prime Los Angeles neighborhood, is set to be auctioned by Concierge Auctions. Built in 1916 by John C. Austin, architect of the Griffith Observatory and LA’s City Hall, the estate much like the Champ exudes charm and grandeur. A stained glass personally designed by Louis Comfort Tiffany tops a collection of priceless architectural features, including antique fireplaces, French Empire chandeliers, and imported Italian marble.
Ali owned the home from 1979 to 1984.
Stone steps lead up to a European-style facade. Set up for entertaining in style, the mansion’s lower floor features a grand entry hall, a sun room with a glass roof, a spacious salon, an ornate formal dining room, a living room with oversized bay windows, and a den with a wet bar. The estate has hosted a parade of luminaries, including Sylvester Stallone, Clint Eastwood and President Obama.
Upstairs, find bedrooms and offices, including a massive primary suite with its own fireplace. The suite opens onto a columned deck that overlooks two beautifully landscaped gardens. The park-like grounds include a swimming pool, lush lawns, a pergola terrace, stone fountains, and patios. Sitting on a 1.5-acre corner lot, the 10,500-square-foot mansion and 1,000-square-foot guesthouse are surrounded by privacy hedges and nestled behind the guarded gates of Fremont Place, an exclusive gated community in Hancock Park.
Hancock Park is an upscale Los Angeles neighborhood known for its architecturally important homes.
A haven for Golden Age celebrities, some of Ali’s neighbors included Mae West, Clark Gable, and Nat King Cole, plus titans of industry A.P. Giannini (founded Bank of America) and King Gillete of Gillete Inc. Contemporary stars who call the region home include Margot Robbie and Fred Savage. Nearby options for entertainment include the Los Angeles County Museum of Art and the Wilshire Country Club.
Previously listed for $13.5 million usd/ $18.5 million cad, the estate will be auctioned with a reserve. Bidding will close on May 15th.
Black Sam Bellamy was one of the most notorious and wealthiest pirates of the Golden Age of Piracy in the early nineteenth century. In his short pirate career, he captured fifty-three ships, including the English slave ship Whydah Gally, which he used as his flagship.
The famous pirate’s island hideaway, now a stunning resort property, has been listed for sale at $50 million usd. Black’s Island is a seven-acre gem off the coast of the Florida Panhandle, sporting a four-star resort with twenty-six waterfront bungalows. Accessible only by boat, seaplane or helicopter, the white-sand island is about ten minutes from the mainland, offering a spectacular Caribbean adventure without leaving the United States.
The property can be operated commercially or retained as a family compound.
Born in Devon, England, he sailed with the Royal Navy before joining a crew of treasure hunters who turned to piracy when their mission to find a Spanish shipwreck failed. Bellamy served initially under Captain Benjamin Hornigold and his first mate, Edward Teach, later known as Blackbeard. When the crew became frustrated with Hornigold’s refusal to attack English ships, they mutinied and elected Bellamy as their captain instead. He was generous with those he raided and loved by his crew, who called themselves “Robin Hood’s Men.” This “Robin Hood of the Sea” or “Prince of Pirates” developed a distinctive style, favoring long black coats and forgoing the then-fashionable powdered wig for a dark ponytail tied with a black satin bow.
His favorite weapons were four dueling pistols carried in his sash.
The pirate prince’s reign ended when a nor’easter storm capsized his ships, drowning the captain and most of his crew. The wreckage of the Whydah Gally was discovered in 1982, yielding over 200,000 artifacts, including a cannon loaded with gold and precious stones.
1982 discovery of Black Sam’s booty made headlines worldwide. image: Irish Sun
The fully furnished bungalows come in one- and two-story models, 1,225 and 1,425 square feet respectively. Each unit includes two bedrooms, a loft bedroom area, two full bathrooms, a spacious kitchen with an island and top-notch appliances, a living room, a dining area, a laundry room and a balcony, while the two-story bungalows have an additional half bathroom. Boasting a classic look with blonde wood walls and grey stone floors, the bungalows were recently remodeled. A round floorplan offers 360-degree views of the gorgeous island from sunrise to sunset.
In addition to the bungalows, the resort includes a four-story luxury clubhouse, a cabana with bar, beach volleyball courts, and a forty-by-sixteen-foot swimming pool. The island is in the middle of a marine estuary, offering sparkling clear water and numerous opportunities for bird-watching and duck hunting, plus kayaking, paddle boarding, jet skiing and relaxing on the beach.
Private islands are all the rage among celebrities and the world’s elite. Beyonce and Jay Z are said to own two private islands in Florida, with Leonardo DiCaprio, Eddie Murphy, David Copperfield, and Mel Gibson just a few of the A-listers with private islands outside the USA.
The listing is held by Jon Kohler of Jon Kohler & Associates. Photo credit: Jon Kohler & Associates.
I bet you did not know these facts from our friends at toptenrealestatedeals.com : British singer-pianist-composer Elton John is the most successful solo artist in the history of the Billboard charts, with more than 50 number-one hits, seven number-one albums, and over 300 million in record sales.
He has received two Oscars, a Tony, a star on the Hollywood Walk of Fame, induction into the Rock and Roll Hall of Fame, and a knighthood from Queen Elizabeth II. The revered artist has recently completed his final tour, Farewell Yellow Brick Road, which became the highest-grossing concert series of all time.
Now moving permanently to his Windsor, England estate, he is offering the Atlanta condo that has been his US base for thirty years for sale at $4,995,000 usd / $6,744,249 cad.
John originally purchased a duplex on the 36th floor of the luxurious Park Place high-rise tower in Atlanta’s Buckhead neighborhood for $925,000 usd/ $1,248,935 cad, then added five neighboring units over the years to construct his 13,300 square-foot, four-bed, seven-bath residence spanning two floors.
The meticulously designed home features stunning wood walls, floor-to-ceiling windows, and 360 degrees of city skyline and western canopy views.
Jim Carrey’s prolific career includes marquee comedy roles such as The Riddler, The Mask and Ace Ventura and critically acclaimed dramas Eternal Sunshine of the Spotless Mind, for which he won two golden globes and eleven MTV awards.
In 2022, he announced that he was taking a break from acting and was considering retirement. The prolific star has relocated to his vacation property in Maui and put the Brentwood estate where he has lived for the last 30 years up for sale.
Now listed for $26.5 million USD/ $35.2 CAD, reduced from $28.9 million USD/ $38.4 million CAD, the sprawling ranch-style mansion is nestled behind huge hedges and private red-brick gates.
The 12,700-square-foot home features five bedrooms, six full bathrooms, and three half baths. The stylish residence’s pitched high-beam ceilings offer tons of airflow, while skylights let in plenty of natural light to bathe the bright white walls and Jim’s extensive art collection, including his own impressive creations. The living, dining, and family rooms flow together with hardwood and polished stone floors, fireplaces and ample windows with views of the lushly landscaped grounds. The well-appointed chef’s kitchen offers an indoor BBQ. A circular breakfast nook looks out onto flowering pear trees. Multiple sliding glass doors open onto a central courtyard that provides space for entertaining or lounging in the classic California indoor/outdoor living style.
Jim’s primary bedroom suite includes its own private patio, plus a stunning wood-paneled bathroom with a copper-hooded fireplace, leaded glass windows, and a soaking tub. An Art Deco-style home theater pays homage to the movie palaces of old, with mohair-covered sofas, burl wood columns, and a lavish marble bathroom. The spacious gym and home office are perfect for the modern remote-work lifestyle. The massive two-acre grounds are a rarity in LA and include a full-size tennis court, a waterfall swimming pool, a pool house with bar, a sauna/steam room, vegetable gardens, and numerous mature trees. Walking paths wind through the serene environment, leading to the yoga and meditation platform. Carrey called the home “a place of enchantment and inspiration” and hopes it will continue to be “a magical sanctuary” for its next occupant.
One of LA’s most sought-after neighborhoods, Brentwood is right next to the hustle and bustle of Santa Monica but retains a community feel. Known for its tree-lined streets, unique mansions, and one of the best farmer’s markets in Los Angeles, Brentwood is home to numerous celebrities, including Arnold Schwarzenegger, LeBron James, and Tobey Maguire. Options for entertainment include the world-class Getty Museum, the Brentwood Golf Club, and the upscale shops and restaurants on San Vicente Blvd.
The listing is held by Janelle Friedman of Sotheby’s International.
The 12,700-square-foot home features five bedrooms, six full bathrooms, and three half baths, plus tennis courts, a waterfall pool, and an enormous two-acre lot.
For the Silo, Bob Walsh.Photos: Daniel Dahler for Sotheby’s International Realty
The IMF announced today (Tuesday, April 11, 2023) in the World Economic Outlook’s press briefing that the baseline forecast for global output growth is 0.1 percentage point lower than predicted in the January 2023 WEO Update, before rising to 3.0 percent in 2024.
“The world economy is still recovering from the unprecedented upheavals of the last three years, and the recent banking turmoil has increased uncertainties.”
“We expect global output growth to fall from 3.4% last year to 2.8% in 2023, before rising to 3% in 2024, mostly unchanged from our January projections. Advanced economies are expected to see an especially pronounced growth slowdown from 2.7% in 2022 to 1.3% in 2023. Global headline inflation is set to fall from 8.7% in 2022 to 7% in 2023 on the back of lower commodity prices but underlying core inflation is proving to be stickier. Importantly, this outlook assumes that recent financial stresses remain contained,” said Pierre-Olivier Gourinchas, the IMF’s Chief Economist.
Much uncertainty clouds the short- and medium-term outlook as the global economy adjusts to the shocks of 2020–22 and the recent financial sector turmoil. Recession concerns have gained prominence, while worries about stubbornly high inflation persist.
“Once again, risks are heavily tilted to the downside, they have risen with the recent financial turmoil. Most prominently, recent banking system turbulence could result in a sharper and more persistent tightening of global financial conditions. The simultaneous rate hikes across countries could have more contractionary effects than expected, especially as debt levels are at historical highs. There might be a need for more monetary tightening if inflation remains stickier than expected. These risks and more could all materialize at a time when policymakers face much more limited policy space to offset negative shocks, especially in low-income countries,” added Gourinchas.
With the fog around current and prospective economic conditions thickening, policymakers have a narrow path to walk towards restoring price stability while avoiding a recession and maintaining financial stability. Achieving strong, sustainable, and inclusive growth will require policymakers to stay agile and be ready to adjust as information becomes available.
“First, as long as financial stress is not systemic as it is now, the fight against inflation should remain the priority for central banks. Second, to safeguard financial stability, central banks should use separate tools and communicate their objectives clearly to avoid unwarranted volatility. Financial policies should remain laser focused on preserving financial stability and watch for any buildup of risks in banks, non-banks, and the real estate sectors. Third, in many countries fiscal policy should tighten to ease inflation pressures, restore debt sustainability, and rebuild fiscal buffers. Finally, in the event of capital outflows that raise financial stability risks, emerging market and developing economies should use the integrated Policy framework, combining temporary targeted foreign exchange interventions and capital flow measures where appropriate,” said Gourinchas.
Michael Kittredge started making candles as a teenager and selling them to friends and family. One of his first products was a Christmas candle he made for his mother on the family stove out of his melted crayons and a wick from a shoelace. Within a few years, he had opened his first Yankee Candle Shop in his hometown of South Hadley, Massachusetts. The business expanded to become the wildly successful Yankee Candle Company whos candles are sold all over America.
In a 1986 interview with New England Business, Mr. Kittredge recalled that a visiting machinery salesman from Germany had declared him crazy for not investing in automation at his plant in Deerfield. “Then,” Mr. Kittredge said, “I went out to my Porsche and got my tennis racket to go out and play on my tennis courts, and I said, ’Yeah, I’m crazy. What are you driving?’” The Wall Street Journal A long time guitarist, Michael Kittredge switched to the drums after having a stroke. He died in 2019 at the age of 67.
Kittredge cashed out in 1998, selling 90% of his company for $500 million USD/ $683 million CAD. He used the money to jet around the world, collect luxury sports cars, drink $20,000 USD/ $27,000 CAD bottles of wine, and construct a fantastic compound on over 60 acres of parkland in idyllic Western Massachusetts. With the entrepreneur’s passing in 2019, the estate his son described as “like having Disneyland in the backyard” has been listed for $23 million USD/ $31.4 million CAD .
Generous with friends, family, and employees, Kittredge designed his compound to entertain his guests in the utmost luxury. Sparing no expense, the eight Colonial-style structures on the property were constructed with the finest materials from all over the world. The main house includes five bedrooms, six full bathrooms and five half baths, and over 25,0000 square feet of living space.
The home features 11 fireplaces spread across multiple levels, a solarium, an oval office with glass walls, a pine-paneled living room with built-ins, and a stunning two-story great room with a balcony and an atrium-like ceiling. Two commercial-grade kitchens, one with five islands, and a wine grotto allow for large-scale entertaining.
The 9 hole golf course is just beyond….
Meandering paths on the property wander past ponds, fountains, waterfalls, and gardens to connect the main home with the estate’s many amenities. Several guest homes and staff quarters bring the bedroom total up to sixteen.
Three tennis courts, a T-shaped pool with expansive deck and fully equipped cabana, and a nine-hole golf course offer hours of athletic fun. For relaxation, the compound includes an epic 55,000-square-foot spa complex complete with multiple gyms and massage areas, saunas, a steam room, and an indoor tennis court with stadium seating.
The state-of-the-art, 4,000-square-foot outdoor stage has hosted such bands as Hall & Oates, The Doobie Brothers, KC and The Sunshine Band, and Eric Burdon & The Animals. A two-story arcade features pinball, slots, arcade games, and a three-lane bowling alley.
Two huge garages offer plenty of space for high-end toys while a full-sized auditorium offers another venue for concerts and shows. A truly spectacular indoor water park, modeled after the Bellagio in Las Vegas, with palm trees, water slides, and pools, completes the one-of-a-kind entertainment pavilion.
A sleepy town with less than 2,000 residents founded in 1750, Leverett, Massachusetts is best known for the Buddhist monument New England Peace Pagoda, historic churches, and a scenic chasm called Rattlesnake Gutter. It is close to the five-college area of Amherst, Hampshire, Smith, Mt. Holyoke, and the University of Massachusetts.
The listing is held by Johnny Hatem Jr. of The Sarkis Team at Douglas Elliman. For the Silo by Terry Walsh /TopTenRealEstateDeals.com
Within the global sector of cyber security, the two major areas that are constantly under attack are financial and governmental. Financial organizations that hold consumer data, in particular those that provide financial services to retail and commercial customers, including banks, investment companies, real estate firms, retail banking and insurance companies, are an obvious target for the simple fact that this is where the money is. At the end of the day, unless an attack is of a personal nature, in which the reputation of an individual or business is targeted, monetary assets are the endgame.
Now imagine a cyber threat the same as you would a burglar walking down the street. When a thief leaves their home, they do not necessarily know what they are going to target, unless they have done some reconnaissance and are after something specific. In most cases, however, the target itself is not premeditated. And a house which is more vulnerable and has less defences, will always be the first point of call. Given the choice between a house with an open window and lights out, and a house with attack dogs, security cameras and search lights, nine times out of ten a burglar will take the opportunity to infiltrate the house with the open window. Why? Because it is easier and quicker to break into this house successfully.
The same applies within the finance industry. If there is a vulnerability, it will be the first target. In response, banks and financial institutions require tailored and sophisticated security to support their systems and people, and to defend against an onslaught of complex and aggressive cyber-attacks. Not only must security compliance within the financial sector be tenfold, but it is essential that security precautions evolve, to mirror the growing threat landscape.
But as new cyber threats develop daily, this is easier said than done.
Anti-Fraud Systems
To uphold compliance, and elements such as GDPR, antifraud systems within the finance industry have developed significantly over the last few years to safeguard credentials. To do this a combination of key codes, two factor authentication, voice ID, behavioral analysis, one-time passcodes, protective messaging, and digital fingerprinting have been widely integrated.
In fact, if you look at the document, ‘Comparison of banking providers’ fraud controls’, from the Financial Conduct Authority (FCA), the majority of banks use a combination of these systems. With organisations including the Bank of Scotland, First Direct, Halifax and HSBC, using touch identification. An element that would seem almost impossible to recreate virtually.
But cyber criminals have a concerningly accurate knowledge of the internal workings of banking and banking systems. And, in 2019, an arena known on the dark web as Genesis Market was uncovered. Within Genesis Market, digital fingerprints, stolen from PC’s, were/are sold. And, with each fingerprint, a user’s digital identity provides the means to bypass security measures and gain access to accounts.
According to darknetstats, Genesis Market is accessible by invitation alone. Once in, not only are fingerprints available, but so are passwords, credit card information, cookies and more.
Admiral Kirk retina scan in progress. Star Trek 2: The Wrath of Khan
It is no wonder that retina scanners are developing in the biometrics/banking sphere.
Internal Threats
It can be argued that the reason why many cyber criminals know so much about the inner workings of financial organisations is because, at one point or another, many worked legitimately within the industry. Internal teams pose as much of a threat as external attacks. In every Bond film there is always an insider guy.
The Insider guy in 1995’s James Bond film GoldenEye. Alec Trevelyan (006), aka Janus.
But whether an attack is malicious or accidental, internal security breaches are regular occurrences. Which us why User Behavior Analytics is crucial to understand the actions within a team, and to highlight and stop unusual activity before the damage is done.
Another element that is important to recognize with regards to internal threats, is that many employees/insiders are completely unaware that they are a threat in the first place. Take, for instance, an employee working remotely. This employee may be sat at a local café where they decide to work on a company device. If this device was unknowingly hacked while using a different Wi-Fi, the user may be completely unaware that they are spreading malicious malware via their device throughout the company.
Ransomware
Say a crime group has gained access to personal accounts. The next logical step is to blackmail the victim/organization via ransomware. Unfortunately, as a public security breach would cause mass panic and many potential lawsuits, banks will often pay off cyber criminals into an anonymous cryptocurrency account, rather than lose client data. Crime groups know this.
Sometimes victims speak out, but this does not always end well.
Take Travelex, the currency exchange company, for instance. Following an attack by a Sodinokibi ransomware in January, $6 million usd was demanded in exchange for 5GB of personal data. Since the attack, Travelex has fallen into administration, with PwC saying that the ‘foreign exchange firm was acutely impacted by COVID and the recent cyber-attack.’
For financial organisations, ransomware can and will destroy a whole business. And, if they lock you out of an account, you are finished.
App Developments
Apps surrounding investment and finance have grown substantially in 2020. This, in part, is a good thing, as the ability to invest online is quick and easy, and accessible to all. But due to the demand, many of these apps were developed quickly and are underprepared for cyber-attacks.
For instance, many do not provide two-factor authentication, are not supported by the appropriate regulations, are not patched or maintained properly, and do not have contingency plans in place to mitigate the effects of a cyber-attack. As a result, personal information of app users is relatively easy to steal and sell. This can be done by creating duplicate fraudulent apps to trick the user. On these duplicate apps, the imagery and language of the genuine app is mirrored. And, once the personal information is supplied, both real and virtual money is then accessible. Thus, the circle of ransomware ensues.
COVID-19
Another element to take into consideration over the past two years and counting is, of course, COVID-19. According to an article by ComputerWeekly, ‘what has been referred to as an “unprecedented anomaly”, cyber criminals were and to some degree still are increasingly targeting the financial services sector during the Covid-19 coronavirus pandemic, with attacks on banks and other financial institutions spiking by 38% between February and March of 2020 to account for 52% of all attacks observed by VMware’s Carbon Black Cloud.’
COVID-19 has altered cyber security on a global scale and in every vertical.
Third-Party Risk
These days, few organisations work on their own. The majority use third parties, including vendors, partners, e-mail providers, service providers, web hosting, law firms, data management companies, subcontractors and so on. With regards to many of these, from IT systems to sensitive information shared with legal teams, these third parties could easily be a backdoor into your financial systems for attackers to infiltrate.
According to Ponemon Institute, ‘53% of organisations have experience one or more data breaches caused by a third party, costing an average of $7.5 million to remediate.’ For a large organisation, this can be crippling. And can wipe out a small organisation in a matter of minutes.
To manage third parties, financial organisations must have the ability to detect threats, and the capability to respond to them. Which requires the right combination of people, processes, and technologies.
But half the battle is locating vulnerabilities in the first place. Which is why cyber resiliency needs to be sharp, and why investing in the best managed security services is essential. From Firewall Management, to Decoy Deception and Honeypots, it is important to know what services will support an organisation best. This will depend on factors including location, company size, current security measures and more.
Considerations
Cyber threats will continue to grow into 2023. That much is clear.
Financial organizations have either already tackled a cyber-attack, will tackle one in the very near future, or may be a target of one currently, but are simply unaware of the fact.
Effective security comes down to three key elements. Processes, people and technology. Processes must run seamlessly alongside the organisation. Security experts must have the capability to detect, react and understand the context of a risk. And the technology must be superior, to keep up with cyber threats. All elements are equally as important, and you must have all three to ensure security.
In times like these security measures are more crucial than ever. Especially for those within finance. So that our life savings are secure, the security of our loved ones is maintained, and the livelihoods of those employed within the financial world continues. Contact SecurityHQ for a free consultation to learn more. For the Silo, Eleanor Barlow.
One of Hawaii’s most photographed and celebrity-popular homes with postcard views of a 240-foot natural waterfall, a sports stadium with seating for 450 people, a nine-tee golf course, an aquatic center, a two-story water slide, and some of Hawaii’s best ocean views is going to auction. Read more about this stunning slice of Hawaii. Shout out to our friends at TopTenRealestateDeals.com for this feature.
With a secluded location on the Big Island’s northeastern shore, Waterfalling Estate made gossip-mag headlines in 2016 when Canada’s own- Justin Bieber rented the home for two weeks at $10,000 USD / $12,875 CAD per night for his entourage, which included six skimpy-bikini-wearing models.
Located a few miles north of Hilo on eight acres overlooking where the jungle meets the ocean and the Hamakua coastline, the home has five bedrooms, ten bathrooms and two third-floor master suites with lanai. The main living area, including chef’s kitchen and dining has spectacular waterfall and ocean views. On the aquatic level are two guest suites, a game room, media area, two whirlpools, sauna, shower, outdoor kitchen and dining area. There is a one-bedroom guest house, four-car garage, helipad, plus an outdoor bar.
The Big Island offers a big number of activities and entertainment from stunning beaches such as Laupāhoehoe, Waikiki, and Waipi’o, hiking in the Hilo Forest Preserves or Akaka Falls State Park, zip lining over KoleKole Falls, Volcano National Park, whale watching, jungle jaunts, farmer’s markets, world-class fishing, and unforgettable sunsets.
Laupāhoehoe Beach
Even more adventure is just a 50-minute plane trip away to Honolulu for less than $100 USD/ $129 CAD.
Taking the plane from Honolulu to Waterfalling Estate.
Currently listed for $9.95 million USD / $12.82 million CAD, the property will be going to auction August 15th with a $5.99 million USD/ $7.6 million CAD reserve.
What once was a successful pairing between Johnny Depp and Amber Heard has changed course and their dirty laundry is playing out in real time all over the world. Whether real or as a way to get each back into the limelight and boost their careers, the court case has proven to be entertainment on a level that has at times even had the judge laughing. One thing unfolding is that Amber appears to have her heart set on acquiring one, if not all, of Johnny’s fabulous L.A. penthouses.
What’s so desirable about them? Find out more via this article sent along to us from our friends at toptenrealestatedeals.
Known for being a somewhat dark, idiosyncratic actor, Depp has followed his own instincts in his choice of parts since his first role in Nightmare on Elm Street in 1984.
A Florida high school dropout at age 15, he played in several garage bands and married early. When he and his new wife took a trip to Los Angeles, in a stroke of good luck he happened to meet Nicolas Cage who suggested he go into acting. This led to his first film role in 1984’s Nightmare on Elm Street and quick successes in Edward Scissorhands, Sleepy Hollow and the Pirates of the Caribbean series. He then moved on to more serious parts portraying drug and gangster criminals in Blow, Public Enemies and Black Mass.
Widely considered one of Hollywood’s best actors and box office stars with Golden Globe and Screen Actors’ Guild Awards, Depp has made headlines from his movies, love life and his interesting real estate holdings, which include an island in the Bahamas. At various times engaged to Sherilyn Fenn, Jennifer Grey, Winona Ryder and Kate Moss, Depp had a long relationship with French singer-actress Vanessa Paradis. During his Paradis years, he purchased an entire French village which was recently on the market at $55.5 million usd. After he split with Vanessa, he married Amber Heard in 2015, but divorced just one year later. Listed after the $7 million usd divorce settlement with Heard is Depp’s unique collection of penthouses in downtown Los Angeles.
Depp acquired the five multi-storied, side-by-side penthouse units over a period of years after the building had been refurbished in 2007.
Decorated in his unique style, he never joined the units, but instead lived in them as though going from room to room, or lent to relatives to use.
Whether or not it was a conscious real estate business decision or a happy fluke, it means that the collection of units can be resold as a whole or individually. The group includes five condo units: four two-bedrooms and a one-bedroom, totaling approximately 11,500 square feet.
The 13-story Eastern Columbia Building was designed by Claud Beelman in 1930, considered to be one of the city’s best examples of Art Deco architecture still standing.
Johnny Depp’s collection of five penthouses in the famous Los Angeles Eastern Columbia building were available in 2016 as a group for $12.78 million USD; they are not currently on the market. For the Silo, Genelle Brown.
Photos: James Lang, Berlyn Photography for Partners Trust (now Compass) Video Credit: Sean Evans, @evvo1991
California’s San Francisco Bay area is the United States’ most expensive real estate market, with a median home-sale price of USD$1.3 million (CAD$1.7 million). Toronto and the GTA (Greater Toronto Area) is Canada’s most expensive real estate market, with a median home-sale price of CAD$1.3 million (USD just under $1 million).
Unlike its southern neighbor Los Angeles, the pricey San Francisco mansions belong not to movie and TV stars but to the movers and shakers of the technology industry. The Bay Area boasts the country’s highest concentration of tech companies and tech jobs, earning the region the nickname “Silicon Valley” after the material used to make computer chips.
A home in San Francisco’s Pacific Heights neighborhood sold for USD$43.5 million (CAD$55.8 million) in 2021, which is the current record for the area’s biggest sticker price, but a new listing in the ultra-exclusive town of Woodside aims to shatter that record. Styled like an Italian villa, the spectacular compound has been listed for USD$110 million (CAD$141 million).
65 foot pool.
Sitting on over three acres of some of the most sought-after real estate in the world, the grounds feature a 65-foot pool with spa, an entertainment zone with an outdoor kitchen and fire pit, landscaped gardens that include fountains, a vineyard with more than forty olive trees and a rose garden with over one hundred roses as well as a private hiking trail. Nestled behind high-tech gates, the compound offers a 14,000-square-foot main home as well as a separate executive office and conference center, a fitness center/massage/hair salon building, and a two-bedroom guesthouse.
Golf simulator? Check.
Retractable glass walls, French oak floors, and hand plastering on every surface complement rare Italian marbles inside the luxurious mansion. Crystal chandeliers and marble fireplaces feature throughout. The enormous main kitchen features two waterfall-wrapped islands, marble counters, top-of-the-line Wolf and Sub-Zero appliances, and custom-built-steel-and-glass cabinetry, while a separate chef’s kitchen offers extensive storage space plus a BlueStar range with two ovens.
Master suite.
The primary suite is a work of art featuring a barrel-vaulted foyer with leather-front and glass-display cabinets that conceal a refrigerator and Miele laundry and a cathedral-beamed ceiling with chandelier. The sectionalized wardrobe room is couture-worthy. A two-sided Davinci fireplace is shared with the bathroom, which also has heated limestone floors and a marble bath for two. Each additional bedroom includes a customized walk-in closet, outside entrance, and en-suite marble bath.
Designed for the high-tech lifestyle, the home is controlled by state-of-the-art automated systems that take care of every need for comfort, convenience, and security from behind the scenes. The home’s fantastic amenities include an Atmos Dolby screening room, a golf simulator, indoor-and-outdoor lounges, and an epic wine salon for 6,000 bottles.
Woodside is a small town with only 5,000 residents and a median home price above USD$5 million (CAD$6.4 million). Most residents are tech investors and innovators. Larry Ellison, founder of Oracle Corporation and the world’s tenth-richest man, lives down the street from the villa in a 23-acre, Japanese-themed estate.
Known as an equestrian community, Woodside retains a rural residential character despite being only a short commute to Silicon Valley and Stanford University.
The town is ringed with nature preserves, including the Purisima Open Space and Skaggs Point. Options for entertainment include the Michelin-starred Village Pub and Bucks of Woodside, a famed hotspot for Silicon Valley’s most powerful, where many important venture capital deals have been signed. The real estate listing is held by Scott Danser of Compass. For the Silo, Genelle Brown/Top Ten Real Estate Deals dot com.
Once projected to list for $500 million USD, this LA home is for sale at a still staggering $295 million USD.
“America’s Most Expensive Home – Twice As Big as the White House”
One of the world’s most expensive homes, appropriately named “The One,” has just hit the market. Construction ran several years late causing financial issues for the developer. If The One sells anywhere near the $295 million USD ask, it would be the most expensive home ever sold in California, well over the $177 million USD that venture-capitalist Marc Andreessen paid for his Malibu mansion in 2021 and the $165 million USD that Amazon CEO Jeff Bezos paid in 2020 for his Beverly Hills estate.
Perched on a promontory with 360-degree panoramic views of the Pacific Ocean, downtown Los Angeles and the San Gabriel Mountains, the Bel Air mansion is surrounded on three sides by a moat and measures in at a mind-boggling 105,000 square feet – almost twice as big as the White House. Located on 3.8 acres, the house, which was actually raised during construction to further optimize the views, includes 21 bedrooms and 49 baths.
Highlights of The One include five outdoor and indoor swimming pools with the moat encircling three quarters of the exterior, a massive nightclub, full-service beauty salon, wellness spa, 10,000-square-foot sky deck, 400-foot private outdoor running track with a glass-walled view of the city, and a private theater with seating for over 40.
In addition to ownership of one of the world’s most spectacular homes, the property also includes butterfly artwork by Stephen Wilson, an Oto Murano chandelier by Vistosi, a rotating statue by Mike Fields, and a glass sculpture by Italian artist Simone Cenedese. There is also a two-story library/office with a balcony and water features touching three windowed walls, and parquet flooring. Add in a custom bar with a smoked-mirror backsplash and marble countertops, a cigar lounge, four-lane bowling alley, putting green, wellness center, gym, a 64-foot (19.5 Meter) indoor pool with juice bar, tennis court, 10,000-bottle wine cellar, and a 30-plus car garage with two car-display turntables.
Entertaining in such unique luxury might draw some interesting Bel Air neighbors such as Jennifer Lawrence, who moved there last year, Justin Bieber, Taylor Swift, Liam Hemsworth, Miley Cyrus and Kylie Jenner to name just a few.
The property is listed by Aaron Kirman of Compass, Beverly Hills and Branden and Rayni Williams of The Beverly Hills Estates, Beverly Hills, and will go to Concierge Auctions, which if not sold prior, will be held online on February 28th. For The Silo, Terry Walsh/Top Ten Real Estate Deals.com.
If you don’t have any available savings, your home equity can provide an immediate source of funds.
Even the most responsible homeowners can find themselves faced with an unexpected home emergency repair or maintenance issue without the cash on hand to deal with it. If this is you, you are not alone. There are solutions available that can help you tap into your home equity to fund those projects without having to take out an expensive loan with the bank.
Consider a Home Equity Line of Credit (HELOC)
A Home Equity Line of Credit enables homeowners to access up to 85% of the value of their home for what they need. If you have owned your home for a number of years, then you have built up equity that can be used as collateral.
A Home Equity Line of Credit is designed specifically to help homeowners cover these unexpected costs without worrying about their level of savings or credit score. Taking out a HELOC is a fast and convenient borrowing option because you can access the funds you need, pay it off and borrow again if needed.
To calculate your home equity, simply follow this equation:
The value of your property – the balance remaining on your mortgage = your home equity
In many cases, you will pay less to borrow against your home equity than if you were to get an unsecured loan or line of credit. When you choose to work with a mortgage broker instead of the bank, you can get access to more lending options and at a lower interest rate.
Take Out a Second Mortgage
Many homeowners are aware of HELOCs but haven’t considered that second mortgages are also an available option. Essentially, a second mortgage functions as an additional mortgage loan. Both mortgages will need to eventually be paid off but because they normally come with much lower interest rates than unsecured loans, they can be an appealing option to borrow much needed funds.
With the value of Ontario homes increasing due to the booming real estate market, many homeowners are using this opportunity to access the value of their home.
You can use your second mortgage for anything as long as you continue to make your repayments. So, if you have a home maintenance or renovation project in mind, then it’s a good idea to consider a second mortgage now instead of waiting until it becomes an emergency situation.
Work with a Trusted Mortgage Broker
A mortgage broker acts as the intermediary between the financial institution offering the loan and the individual seeking the loan to buy real estate. The mortgage broker works with both parties to ensure the loan gets approved. The main benefit of working with an experienced mortgage broker is that he or she can work with a wide variety of lenders to find the best terms and rates.
For those who are self-employed or don’t have stellar credit, working with a mortgage broker is advantageous because they are experienced at working with complex situations. This is especially critical for anyone who requires fast funding and has been turned down for a loan by the bank.
A mortgage broker like Burke Financial specializes in handing challenging applications and works with people who have varying needs and circumstances.
Regardless of whatever life problem you are facing, a mortgage broker can help you explore your options and find a solution to your problem so you can get back to other life tasks. For the Silo by our friends at Burke Financial.
Moving into a retirement home marks a special occasion because it signifies the beginning of your golden years. While this means that you can finally relax and start enjoying all of life’s greatest pleasures to their fullest extent, it shouldn’t mean that you can disregard financial planning either.
Out of the Old and Into the New
When you decide to capitalize on your lifelong investment property and use that money towards enjoying your retirement, you’ll likely follow through with a long-awaited plan to downsize. The reason for this isn’t merely financial; it is because, as an empty-nester, you no longer require all of the space that you once did when raising a family. You are also likely no longer interested in performing all of the continual maintenance that your old home requires.
Moving into a Custom-Built Townhome
However, just because you have decided to downsize doesn’t mean that you should enjoy your new home any to less extent. If you’re looking for a new location in southern Ontario, you can work with a Fort Erie home builder to create the custom townhome of your dreams.
When you opt to partner with a company that builds custom homes, you’ll get access to more choices about how you’ll live during your retirement. Not only can you add extra rooms, but you’ll be able to decide on the look of aesthetic features like what type of flooring that your new home will contain in each room.
Building Your Next Investment
When you build a custom home, the choices you make about the final product where you’ll live can influence the value of your home. Extra rooms and fine-quality flooring options will increase the resale value of any property, as will opting for energy-efficient appliances.
The Potential for Appreciation
Given the growing popularity of the Niagara region, the most likely outcome regarding real estate will be a continued increase in value. If you’re interested in purchasing a home that will make a good investment property, then it will help to buy a custom option that allow you to gain more control over particulars and will be worth more than a previously owned property.
Embrace the Active Adult Lifestyle
While a newly-built custom home is sure to become a wise investment, that’s not all that retirement living is about. Buying a home in an active adult community will provide you with the opportunity to make social and active lifestyle choices that can contribute to better health and an increased lifespan. You’ll also be living near great beaches and easy access to nature.
Given that the road ahead in life is always unpredictable, there’s never a bad time in your life to think about financial planning. After all, you want to ensure that you’ll be covered in the case of emergencies and that you have something leftover to leave to your children and grandchildren. To get started on your nest investment home, get in touch with a company that builds custom homes in the Niagara region. For the Silo, Mila Urosevic.
