Successful record producer and social-media celebrity Khaled Mohamed Khaled, who is also known as DJ Khaled, has inked a contract to buy a contemporary home in Miami Beach, Fla. that was asking $25.9 million, according to people with knowledge of the deal. The seller is Michael Lerner, the man who popularized the “Baby on Board” signs that were popular in the 1980s. Mr. Lerner, who built the house, previously told The Wall Street Journal that he was relocating to Palm Beach. He bought the land for $4.95 million in 2013, records...

Source: Wall Street Journal September 27, 2018 15:00 UTC