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

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.