The Ace Family House Foreclosure: The Five Shocking Stages Of A $10 Million Mansion’s Collapse

The colossal $10.1 million mansion that served as the backdrop for The Ace Family’s meteoric rise on YouTube is officially gone, marking the end of an era for Austin and Catherine McBroom and their children, Elle, Alaïa, and Steel. As of late 2024 and confirmed in 2025, the sprawling Woodland Hills property is no longer under the McBroom's ownership, having been returned to its lenders after a failed auction, a critical and final stage in a lengthy financial saga.

This dramatic loss of the family's iconic home—a 13,379-square-foot palace with 12 bedrooms and 13 bathrooms—was not a sudden event but the culmination of a series of severe financial and legal missteps that began years ago. The house, located at 4838 Calderon Road, symbolized the peak of their digital empire, and its foreclosure now stands as a cautionary tale about the volatility of influencer wealth.

The Ace Family: Austin and Catherine McBroom Biography & Profile

The Ace Family, consisting of Austin McBroom and Catherine Paiz, became one of YouTube’s most-watched family vlog channels, known for their elaborate pranks, challenges, and candid family life.

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• Austin McBroom (Austin McKinley McBroom):
  • Born: May 20, 1992 (2025 Age: 33)
  • Background: Former NCAA Division I basketball player at Saint Louis University and Eastern Washington University.
  • Role: Co-founder of The Ace Family, entrepreneur, and organizer of the 'Social Gloves' boxing event.
• Catherine Paiz (Dolores Catherine Johnston Paiz):
  • Born: August 24, 1990 (2025 Age: 34)
  • Background: Model, former actress, and entrepreneur (co-creator of the 'Anaga' clothing line). Born in Montreal, Canada.
  • Role: Co-founder of The Ace Family and a prominent social media personality.
• Children: Elle McBroom, Alaïa McBroom, and Steel McBroom.
• Relationship Status: The couple confirmed their separation in 2024 after years of speculation and controversy, though they remain focused on co-parenting.
• Net Worth (Estimated 2025): While their peak combined net worth was significantly higher, Catherine Paiz's individual net worth has been estimated around $2 million following the financial collapse and separation.

The Five Stages of the $10.1 Million Mansion's Financial Collapse

The highly publicized foreclosure of the Ace Family’s mega-mansion was a complex process that began with a series of poor business decisions and legal challenges. The house itself was a combination of two properties purchased for approximately $10.1 million, financed with a hefty mortgage that proved unsustainable.

1. The Initial Default and the '1212 Gateway' Drama

The first major public sign of financial distress emerged in 2021. The property, often referred to as the 'Ace Family House' or the 'Calderon Road' mansion, was hit with a Notice of Default, indicating they had failed to make timely mortgage payments. This initial debt issue was compounded by a separate but related legal battle involving a company called '1212 Gateway.' The McBrooms were accused of failing to pay for construction and design work on the home, leading to a legal cloud over the property's title and further complicating their financial standing with lenders. The default notice alone was reportedly for a staggering $8.7 million.

2. The Social Gloves Disaster: The Catalyst

The single most destructive event to the McBroom's finances was the 'Social Gloves: Battle of the Platforms' boxing event in June 2021, which pitted YouTube stars against TikTok creators (including Austin McBroom vs. Bryce Hall). Austin McBroom was the alleged owner of Social Gloves Entertainment. Despite high viewership, the event was plagued by mismanagement, low pay-per-view sales, and immediate accusations of non-payment.

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The fallout was catastrophic. Fighters, investors, and vendors filed multimillion-dollar lawsuits against McBroom and Social Gloves. The financial wreckage was so severe that many commentators compared the event's failure to the infamous FYRE Festival, a comparison that cemented the severity of the financial disaster. The overwhelming legal and financial pressure from Social Gloves drained the McBrooms' resources, making it impossible to service the massive mortgage on their home.

3. The Pre-Foreclosure and the Failed Auction

With the legal and financial noose tightening, the house officially entered the pre-foreclosure stage. In 2022, the property was scheduled for a Trustee's Sale (public auction) with a starting bid rumored to be around $9 million. This was the point of no return. The auction was an attempt by the lenders and creditors to recoup their losses. However, the Trustee's Sale ultimately failed to go through, likely due to a lack of buyers willing to meet the reserve price or the complexity of the property's title issues stemming from the various lawsuits.

4. The Final Surrender to Lenders (2024/2025 Status)

The final, definitive stage in the house's collapse occurred when the property was officially taken back by the lenders. Instead of a successful sale to a new owner, the house was "returned to its lenders." This is a common outcome when a foreclosure auction fails, and it confirms the McBrooms lost all equity and ownership. This event finalized the loss of the 4838 Calderon Road address as The Ace Family’s residence, forcing Austin and Catherine Paiz to move out and downsize dramatically.

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5. The Aftermath: Downsizing and Disarray Claims

The aftermath of the foreclosure has been marked by a new reality for the Ace Family. Following the loss of the Woodland Hills estate, the family downsized, with Catherine Paiz and the children moving to a significantly smaller home. The final public insult came from a viral TikTok video in late 2024, purportedly showing the massive house after the McBrooms moved out. A realtor claimed the foreclosed home was left "in disarray," with significant damage and mess, adding a final, controversial footnote to the family's departure from their dream home. The separation of Austin and Catherine further solidified the end of the Ace Family's original, high-flying era, with both focusing on separate ventures and a less extravagant lifestyle.

What Does the Foreclosure Mean for The Ace Family Brand?

The loss of the $10.1 million mansion is more than just a real estate transaction; it represents a major pivot for the entire Ace Family brand. The brand was built on a foundation of luxury, excess, and aspirational wealth, all symbolized by the lavish home.

The financial collapse has forced Austin McBroom, the former NCAA athlete, and Catherine Paiz, the model and entrepreneur, to re-evaluate their content and business models. The narrative has shifted from showing off wealth to dealing with the consequences of debt and public controversy. While the family channel remains active, the focus is now less on grand gestures and more on a scaled-back reality, reflecting their new financial landscape. The saga of the 4838 Calderon Road property will forever be linked to the rise and fall of one of YouTube’s most prominent, and controversial, family vlogging empires.