This is one way to unload a few homes quite quickly. Robert Knutson, the now-retired CEO of the Education Management Corporation—one of the largest for-profit operators of secondary schools and colleges in the U.S.—and his wife Miryam (also a former executive at EDMC) spent their early retirement years buying properties in nearly every climate in the lower 48 and now that they have put down roots in Beverly Hills (as next door neighbors to billionaire Steven Udvar-Hazy, No. 572 on Forbes Billionaires List) they have decided to sell four of their homes at auction rather than wait for each one to sell individually. The homes had been listed on the market at a combined value of $46 million. The two auctions take place via Platinum Luxury Auctions on Thursday, January 10th in Denver and Saturday, 12th in Chicago with each home being listed without reserve. A link to each auction page with more photos and details about each house is in each of the descriptions below.
Read the full Forbes article by Amy Dobson HERE.