Kevin Feige Acquires SFR In Bel Air For $52M From Seller Todd Lemkin
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$52,000,000
$2,639/SF
Building Size
19,702 SF
Asset Type
—
Closing
May 7, 2022
About this deal
AI
Kevin Feige, the President of Marvel Studios, recently purchased a property in Bel Air for $52,000,000. The single-family residence sits on approximately 1.19 acres of land. Spanning an impressive 19,721 square feet, this property offers ample space for Feige to enjoy.
Summary of Transaction Details:
- Property Type: Single-Family Residence
- Transaction Amount: $52,000,000
- Market: Bel Air
- Size: 1.19 acres
During this transaction, Kevin Feige acted as the buyer while Todd Lemkin served as the seller. Feige's purchase of this property showcases his continued success in the entertainment industry and his investment in luxury real estate.
On the Map
Players
Market CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $2.6K per square foot on a published $52M for 19,702 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.31%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93