Malibu site leveled by Palisades fire sells for $6.5M

Once home to fashionista Yolanda Hadid and music producer David Foster, a Malibu property impacted by the Palisades fire has sold for $6.5 million. The house on the parcel, which appeared on reality television show “The Real Housewives of Beverly Hills,” burned down in a wildfire last year, Realtor.com reported. Yolanda Hadid, mother of models Gigi and Bella Hadid, divorced Foster in 2017.  The couple purchased the home for $4.5 million in 2007 and transformed it through extensive renovations into a showcase of modern coastal design. Their efforts paid off in 2015, when they sold the six‑bedroom, 11‑bathroom residence at […]This article originally appeared on The Real Deal. Click here to read the full story.