Grace & George Ruan Acquire Bel Air SFR From Woodbridge Liquidation Trust For $60M

Bel Air, Los Angeles, CA, USA

$60,000,000

$2,857/SF

Building Size

21,000 SF

Asset Type

Single Family Residence

Closing

Mar 11, 2020

AI

A single-family residence (SFR) located in Bel Air has recently been sold for a staggering amount of $60,000,000. The property spans an impressive 21,000 square feet, resulting in a price per square foot of $2,857. The sale took place on March 11, 2020.

Summary of transaction details

Property Type: SFR
Transaction Amount: $60,000,000
Market: Bel Air

The buyer of this luxurious property is Grace and George Ruan. On the other hand, Woodbridge Liquidation Trust acted as the seller. The deal was facilitated by Compass brokers, Tomer Fridman and Sally Forster Jones, as well as Branden and Rayni Williams from HiltonHyland.

With its remarkable size and prime location in Bel Air, this SFR attracted significant attention in the real estate market. The involvement of renowned brokers adds further credibility to the transaction, highlighting the expertise and reputation of all parties involved.

Players