News & Politics

Luxuy Homes: March 2010

Three megadeals in Cleveland Park, including $7.6 million for former Fannie Mae head Daniel Mudd.

Ex-Fannie Mae chief Daniel Mudd sold his Georgian for $7.6 million.

IN DC: Former Fannie Mae head Daniel Mudd and his wife, Maura, sold a Georgian in Cleveland Park to real-estate executive Andrew Florance for $7.6 million. The six-bedroom, nine-bath house with pool and carriage house listed for $8.9 million. (According to the Wall Street Journal, Mudd recently bought a six-bedroom home in Greenwich, Connecticut, for $6.5 million.) Mudd—who was ousted as chief executive of Fannie Mae when the government took over the mortgage giant in 2008—heads the Manhattan-based private-equity and hedge-fund firm Fortress Investment Group. Florance is CEO of CoStar Group, a Bethesda-based commerical-real-estate research firm.

AIG executive Douglas Steenland and his wife, Carol, bought a six-bedroom, seven-bath Colonial on University Terrace in Kent for $3.6 million. The house, which originally listed for $5 million, has a pool, pool house, and elevator. Steenland, a member of the insurance giant’s board of directors, was CEO of Northwest Airlines from 2004 until its merger with Delta in 2008.

Journalist Norah O’Donnell and restaurateur Geoffrey Tracy sold a four-bedroom, four-bath Colonial in Wesley Heights for $1.7 million. O’Donnell is chief Washington correspondent for MSNBC; Tracy owns the local restaurant chain Chef Geoff’s.

Chef and restaurateur Nora Pouillon bought a Victorian in Cleveland Park for $3.2 million. The house, which originally listed for $5.5 million, has eight bedrooms and five baths. Pouillon’s Restaurant Nora was the nation’s first certified organic restaurant.

Real-estate executive William Walker and his wife, Sheila, bought a six-bedroom, six-bath Victorian on Newark Street in Cleveland Park for $6.2 million. The house has a heated pool, home theater, and views of Washington National Cathedral. Walker is CEO of Walker & Dunlop, a Bethesda-based commercial-real-estate company.

In Maryland: Tech businessman Daniel Gillis bought a five-bedroom, six-bath Colonial on Masters Court in Potomac for $1.8 million. Gillis is former CEO of the software company SAGA Systems.

In Virginia: Socialite and fashion executive Lynda Erkiletian bought a five-bedroom, five-bath Colonial in McLean’s Salona Village neighborhood for $2.1 million. The house has a tennis court, pool, and hot tub. President of THE Artist Agency, a modeling agency, Erkiletian may be one of the stars of Bravo’s upcoming Real Housewives of D.C.

Don’t Miss Another Big Story—Get Our Weekend Newsletter

Our most popular stories of the week, sent every Saturday.

Or, see all of our newsletters. By signing up, you agree to our terms.