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Stan Kroenke Acquires Beverly Hills Penthouse From Louis Welch For $23.8M

Stan Kroenke acquired a Penthouse for $23,800,000 in Beverly Hills
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This Other property located in CA was sold for $23,800,000 over 2 years ago.

Stan Kroenke has recently acquired a penthouse in Beverly Hills through a sale transaction. The purchase was made on October 11, 2021, and the property features a total area of 4,900 square feet. The sale price for this luxurious penthouse was $23,800,000, resulting in a price per square foot of $4,857. The asset is owned by Stan Kroenke, while the seller of the property was Louis Welch, who represents LA Fitness.

Summary of transaction details:

  • Property Type: Penthouse
  • Transaction Amount: $23,800,000
  • Market: Beverly Hills
  • Buyer: Rams - Stan Kroenke
  • Seller: LA Fitness - Louis Welch

This notable sale transaction showcases Stan Kroenke's acquisition of a lavish penthouse in Beverly Hills. The transaction involved a purchase price of $23,800,000, making it a significant investment. Louis Welch, representing LA Fitness, served as the seller in this deal.

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  • Location
    Beverly Hills, CA, USABeverly Hills, CA, USA
  • Sale Price
    $23,800,000$23,800,000
    $4,857 PPSF$4,857 PPSF
  • Area
    4,900 SF4,900 SF
  • Asset Type
    OtherOther

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Deal Summary

SALE IMAGE: Stan Kroenke DATE: 10/11/2021 MARKET: Beverly Hills ASSET TYPE: Penthouse BUYER: @Rams - Stan Kroenke SELLER: @LAFitness - Louis Welch SALE PRICE: $23,800,000 SF: 4,900 ~ PPSF: $4,857

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