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Reports Peg Dalian Wanda’s Sale of One Beverly Hills at $420M

Feb 22, 2019

Reports Peg Dalian Wanda’s Sale of One Beverly Hills at $420M

November 16, 2018

One Beverly Hills may finally have a new owner. Chinese conglomerate Dalian Wanda Group has sold the property to London-based Cain International and Beverly Hills-based Alagem Capital Group.

The buyers have reportedly agreed to pay $420 million for the property at 9900 Wilshire Blvd., according to the Wall Street Journal, which cited a source familiar with the matter. Wanda put the property up for sale earlier this year.

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