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James Packer Acquires Beverly Hills Property For $60M From Stuart & Stephanie Liner

Property Image
SOLD
$60,000,000

California

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MultiFamily29,000 SF
Sold 09/17/2018
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Property Image
SOLD

James Packer Acquires Beverly Hills Property For $60M From Stuart & Stephanie Liner

Beverly Hills, CA, USA

See Similar Deals
MultiFamily29,000 SF
Sold 09/17/2018
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$2,069
Total Square Footage:29,000 SF
Transaction Type:Sale

James Packer has purchased a property in Beverly Hills for approximately $60,000,000. The property spans 29,000 square feet, resulting in a price per square foot of $2,068. The transaction took place on September 17, 2018.

Summary of transaction details:

  • Property Type: Residential
  • Transaction Amount: $60,000,000 (approx.)
  • Market: Beverly Hills
  • Sellers: Stuart & Stephanie Liner

Prior to the sale to the Liners, the property was owned by Danny DeVito for 20 years. After purchasing the property, the Liners redeveloped it before selling to James Packer.

Players

3 deals$133.8M volume
SELLER

Details

SOLD
IMAGE: James Packer, Stuart Liner, Stephanie Hershey Liner and Danny DeVito DATE: 09/17/2018 MARKET: Beverly Hills BUYER: James Packer SELLERS: Stuart & Stephanie Liner PRICE: $60,000,000 (approx.) SF: 29,000 ~ PPSF: $2,068 NOTE: Danny Devito previously owned the home for 20 years before selling to the Liner's who redeveloped and sold the property.

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