Champ d’ Or $old and CLO$ED: Time to Meet the New Owner$ ?

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Champ d’Or closed Monday, April 30 (according to Laura Brady of Concierge Auctions). Which means it is official: Shirley and Al Goldfield no longer own the Hickory Creek mega mansion they have been trying to sell almost since the day they completed the 40,000 square foot plus home. Talk about things you might regret: I saw Realtor Marilyn Hoffman a few weeks ago at the patron party for the Dallas Art Fair. She told me she once brought Mr. Goldfield an offer for $44 million he turned down. Another high profile agent tells me he was almost kicked out of the house when he offered to take the listing for an asking price of no more than $29 million back in 2009. We know Champ sold at auction a month ago at a reserve starting at $10.3 million, which means that was the minimum bidding price. Do you recall the story I wrote with another luxury real estate auction house when I asked what would happen if the reserve was not even met?

Sources tell me the Goldfields, surprise maybe, had a little mortgage on Champs of about $8.5 million. They also tell me the home likely sold for less than the reserve, about $8.7 million. Didn’t have to take money to closing, thank God. And the important thing here is a four letter word: SOLD.

The buyers are being kept a secret. But you know how long that lasts on the street. Word is they might be the matriarchs of a lovely family called the Tabanis, who are well known in the Dallas commercial real estate world. Recently they took an office at 16600 Dallas Parkway. Word from my sources is they specialize in distressed real estate and make no less than a million profit per transaction. Of course I’ve called and asked for an interview… so stay tuned.

Candy Evans, founder and publisher of CandysDirt.com, is one of the nation’s leading real estate reporters.

13 Comments

  1. Doc Compton on May 2, 2012 at 3:13 pm

    I wonder what this is gong to do the comps… LoL

  2. Doc Compton on May 2, 2012 at 3:13 pm

    I wonder what this is gong to do the comps… LoL

  3. Doc Compton on May 2, 2012 at 3:13 pm

    I wonder what this is going to do [to] the comps… LoL

  4. Doc Compton on May 2, 2012 at 3:13 pm

    I wonder what this is going to do [to] the comps… LoL

  5. […] Worth that closed on April 30 with 30 acres to an undisclosed buyer for an undisclosed price. (I, of course, have my sources.) The home had been on the market for about ten years, or almost as soon as it was complete. In […]

  6. […] Worth that closed on April 30 with 30 acres to an undisclosed buyer for an undisclosed price. (I, of course, have my sources.) The home had been on the market for about ten years, or almost as soon as it was complete. In […]

  7. […] I think, by now, the Dallas Business Journal) are reporting what I told you as soon as it closed April 30: Champ d’Or was purchased by the Tabani family, more specifically their privately held, family-run development company which owns and operates a […]

  8. […] I think, by now, the Dallas Business Journal) are reporting what I told you as soon as it closed April 30: Champ d’Or was purchased by the Tabani family, more specifically their privately held, family-run development company which owns and operates a […]

  9. […] The house will move, now, by hook or crook: 6002 Kettering Court is being offered WITHOUT RESERVE at auction by Concierge Auction. Concierge are the folks who sold off 6508 Old Gate in Kings Gate and The M Mansion up there on the North Dallas Forty. Oh my God, how can I forget — clearly too many Mojitos — they also sold Champs D’Or. […]

  10. […] The house will move, now, by hook or crook: 6002 Kettering Court is being offered WITHOUT RESERVE at auction by Concierge Auction. Concierge are the folks who sold off 6508 Old Gate in Kings Gate and The M Mansion up there on the North Dallas Forty. Oh my God, how can I forget — clearly too many Mojitos — they also sold Champs D’Or. […]

  11. […] buyer in 2012 was the Tabani Family, whom Dallas real estate blogger Candy Evans estimated paid $8.7 million for the property. And thus ended the ongoing saga of the largest, hardest-to-sell house in Texas—for almost two […]

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