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News

A $50-million condo, in this economy? In L.A.’s red-hot ultra-luxury market, anything goes

July 28, 2022 | MW in the News

The East penthouse at the new 8899 Beverly luxury building in West Hollywood, for sale for $50 million off-market, would break the county’s record for most expensive condo if it sells at that price. CEO, Lorenzo Esparza told the Los Angeles Times that it’s critical for UHNW buyers to proceed with caution on ultra-luxury condos such as this one, especially in the Los Angeles market, as the high price tags are “uncharted territory.”  

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About Manhattan West

Manhattan West is a global strategic investment firm based in Los Angeles that provides proprietary alternative investments across multiple asset classes including Private Equity, Venture Capital, Real Estate, Private Debt and traditional equity and fixed income portfolios as well as financial services including business management, tax, and planning. To learn more about us, please visit manhattanwest.com and follow us on LinkedIn.

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Filed Under: MW in the News

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