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.