Saturday, 19 January 2019

Owners behind LA’s $1B “Mountain” listing reject $400M offer

The never-ending saga of the 157 acres of undeveloped land in Beverly Hills Post Office that can’t seem to find an owner willing to build on it will carry on at least a little while longer. The ownership group behind the so-called “Mountain of Beverly Hills” have rejected developer Scott Gillen’s $400 million offer to buy the property, TMZ reported. A spokesperson for Gillen confirmed the report to The Real Deal. Instead, Secure Capital Partners, […]



source https://therealdeal.com/la/2019/01/18/owners-of-the-mountain-reject-scott-gillens-400m-offer/#new_tab

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