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The Woodland Hills mansion that Austin and Catherine McBroom, known publicly as the ACE Family on YouTube, bought for a reported $10.1 million in 2019 went back to its lender in October 2021. A foreclosure auction on October 19, 2021 drew no bids, and the property returned to the lender, 5 Arch Funding Corporation.
The headline’s “$10 million” is a rounded reference to that reported purchase price. It is not a current valuation. The reporting covers the notice and auction steps only, so it does not establish who owns the house today or what happened to it after the lender took control.
How the house was lost, step by step
- 2019: purchase. The McBrooms bought the Woodland Hills home for a reported $10.1 million. The price comes from The Real Deal and Business Insider reporting, which described a 2019 transaction in 2021.
- May 2021: notice of default. According to reporting from The Real Deal and Business Insider, a notice of default gave the borrowers 90 days to address about $8.7 million owed.
- August 2021: notice of trustee’s sale. A notice of trustee’s sale was sent to set an auction. Both notices are standard steps in California’s deed-of-trust foreclosure process, which is where these terms come from. The sources give different opening figures for the auction, shown in the table below.
- October 19, 2021: auction. The auction reportedly drew no bids, and the property returned to 5 Arch Funding Corporation.
- December 2021: a new home. A report described the family showing a new home. That report does not say what became of the Woodland Hills property.
What the figures mean and where they come from
Each number below is attributed to the outlet that reported it. None is an independently verified loan statement or appraisal.
| Figure | Amount | Reported by | Date and context |
|---|---|---|---|
| Purchase price | $10.1 million | The Real Deal; Business Insider | 2019 transaction, reported in 2021 |
| Debt cited in notice of default | About $8.7 million | The Real Deal; Business Insider | Notice of default, May 2021 |
| Auction opening figure | About $9.07 million (estimate) | Business Insider, syndicated via Yahoo | Notice of trustee’s sale, August 2021 |
| Auction starting price | $9.3 million | The Real Deal | Reported in 2021 |
The two auction figures do not match, and this article does not pick one. Read them as opening numbers for the auction, not as sale prices. The purchase price and the debt figure are also not directly comparable, because the reporting does not explain the loan’s terms or how the balance changed over time.
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Foreclosure is not the same as eviction
Losing the auction transferred the property back to the lender. It did not, by itself, remove anyone living in the house. Reporting at the time said the lender would need to win an eviction lawsuit to compel the family to leave. That was a description of the lender’s next legal step, not a report that the step was taken. Whether an eviction case was filed, and how occupancy ended, are not established by the available coverage.
Austin McBroom addressed the eviction rumors directly. Business Insider’s report, syndicated through Yahoo, quoted his Instagram post from July 8:
Rank #2
“Ain’t nobody getting evicted, ain’t nobody moving.”
That was his position at the time. It does not indicate how the family’s occupancy eventually ended.
Rank #3
The house itself
A 2021 report describes the Woodland Hills residence as approximately 12,000 square feet and says it began as two homes that were later combined. A separate article discusses furnishings and renovation features, drawing on the family’s house-tour footage and earlier listing material. These descriptions come from those materials. They are not the result of an independent property inspection.
Quick Recap
What is not established
- Current ownership. Reports of a later sale to a named buyer have not been corroborated by an authoritative source, so they are not treated as fact here.
- Occupancy outcome. The available reporting does not say whether the family was removed, negotiated a departure, or stayed.
- Cause of the default. The coverage describes the notice and auction process. It does not explain the family’s broader finances or why the loan fell into default.
- Current value. No current appraisal or valuation was located, so the $10.1 million figure should be read only as a 2019 purchase price.
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