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Middle Eastern Royals Pay Cash For $55M Deal, As One Does

So by now all of Vancouver knows about the mega rich Middle Eastern royal family that came to Vancouver in June to shop around for real estate in Coal Harbour. Then they ended up buying Canada's most expensive condo priced at $25 million. The sale made national headlines. Apparently that wasn't enough though - the same family has bought another two sub-penthouse suites bringing the total price of their three floor Coal Harbor place to $55 million. This is Canada's largest residential real estate transaction. Oh ya, and they reportedly paid in cash. Real estate god Malcolm Hasman did the deal and is probably rolling around in stacks of cash for his commission.

· $55 million condo in Vancouver, largest Canadian real estate transaction [Vancity Buzz]
· Vancouver's pricest condo sells for record $25 million [Vancouver Sun]