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.