Though he defeated TikTok superstar Bryce Hall in a highly-publicized boxing match last month, the hits just keep coming for Austin McBroom. Outside the ring, the controversial YouTuber and his wife Catherine Paiz — together with their three young children, collectively known as the Ace Family — have already been facing mounting legal and financial woes from business ventures gone awry. But more pressingly, they now also face foreclosure on their Los Angeles home.
According to multiple reports and confirmed by property records, the Ace Family’s extravagant Woodland Hills mansion has entered pre-foreclosure, after the couple stopped making mortgage payments in early 2021. In late May, the couple’s lender filed a Notice of Default on the property, which is technically owned by a company called Ace Hat Collection. Per the California Secretary of State, Catherine — whose legal name is Dolores McBroom — is Ace Hat Collection’s president, while Austin is the company’s vice president.
Spanning three contiguous parcels that total nearly two acres of land, the Ace Family estate is arguably the most lavish residence in all of Woodland Hills, a working-class community in the San Fernando Valley. In May 2019, the couple paid $10.1 million for the property, which at that time included two half-finished mansions, each with about 6,000 square feet of living space. The pair financed their purchase with an $8.85 million mortgage, records show.
Paiz and McBroom subsequently spent another small fortune to complete construction on both structures and combine the two separate mansions into one supersized mega-mansion. Tax records aren’t clear about the home’s exact size, but it weighs in at north of 15,000 square feet of living space, with a reported 10 bedrooms and 15 bathrooms.
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Image Credit: Google Earth In late 2019, the palatial property was filmed for a YouTube house tour that has racked up a whopping 21 million views. In the video, McBroom shows off the home’s luxe amenities; the blindingly all-white mansion includes a marble chef’s kitchen, home theater with a bar, glass-walled gym, and a penthouse-level master bedroom with big views of the San Fernando Valley. There’s also a walk-in closet bigger than many Manhattan apartments.
Outside, there’s garaging for six cars, motorcourt parking for dozens more, a basketball court and an infinity-edged, L-shaped swimming pool. During the couple’s home tour, McBroom rode a jet ski in the pool, triggering a mudslide on their neighbor’s property, while Paiz laughed. (Not laughing are the couple’s lenders, who per the Notice of Default are still owed more than $8.7 million on the estate.)
The Ace Family’s rapid rise to fame and fortune has earned them both ardent supporters and detractors. At the time of publication, they have more than 19 million subscribers on YouTube, plus 4.3 billion lifetime views on their main channel — enormous figures that could equate to millions of dollars in advertising revenue alone. But the couple’s billionaire baller-esque lifestyle — they have a team of security guards, plus a collection of luxury cars that includes Rolls Royces and Lamborghinis — has become increasingly subject to scrutiny, with plenty of lingering questions about their finances.
In July 2019, the couple sold out the entire Staples Center — one of the largest event venues in Los Angeles — for a Chris Brown-headlined basketball game marketed as a charity event. From the proceeds, McBroom pledged to donate $50,000 to a charity of his choice, though it remains unclear what organization received the funds. Fellow YouTuber Ethan Klein of H3H3 Productions, one of McBroom’s most vocal critics, calculated the couple could have actually grossed as much as $1.5 million from the charity event’s ticket sales alone, based on published prices.
The Ace Family is also facing controversy over last month’s Battle of the Platforms boxing event, which was put on by Social Gloves, a new promotional company revealed to be owned by McBroom. Though it was supported by a publicity blitz, the event was a marketing disaster, with only 136,000 of 500,000 available pay-per-view passes sold. Multiple fighters at the event have since claimed they were not paid for their participation.
On the residential front, Paiz and McBroom still have an opportunity to discuss a new financial arrangement with their lender before the property enters full-blown foreclosure. But should those talks fail, the couple faces a possible public auction and eviction from what they have referred to as their “forever home.”
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Image Credit: YouTube -
Image Credit: YouTube -
Image Credit: YouTube -
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Image Credit: Google Earth