A single-family residence in Beverly Hills was recently sold for a staggering price of $19,000,000. The property, owned by Frank Zarabi, the Founder and CEO of Fam Brands, attracted attention in the market. The deal was facilitated by two brokers, Carl Gambino from Compass and Rochelle Atlas Maize from Nourmand & Assoc.

Summary of transaction details

• Property Type: SFR
• Transaction Amount: $19,000,000
• Seller: Frank Zarabi - Founder and CEO of Fam Brands
• Brokers:
  • Carl Gambino - Compass
  • Rochelle Atlas Maize - Nourmand & Assoc
• Market: Beverly Hills

Frank Zarabi, who is well-known in the industry as the CEO of Fam Brands, made the decision to sell the property. Through the efforts of Carl Gambino from Compass and Rochelle Atlas Maize from Nourmand & Assoc, the transaction was successfully completed. This deal marks a significant sale in the Beverly Hills market.