Thursday 1 August 2019

Move over Mountain of Beverly Hills, spec home developer lists “Malibu Series” portfolio for $500M

Scott Gillen has spent the past few years developing uber-luxury homes in Malibu, most of them on spec. Now, Gillen is putting 13 of those properties together, listing them as a single collection, dubbed “The Malibu Series.” Asking price for the lot? Half a billion dollars. Or, an average of around $38 million per home. It seems an odd time to list so many ultra high-end homes as a single portfolio, when the luxury market […]



source https://therealdeal.com/la/2019/08/01/move-over-mountain-of-beverly-hills-scott-gillen-is-listing-the-malibu-series-for-500m/#new_tab

No comments:

Post a Comment