Mr. C branded residences in Beverly Hills start at $5M

Los Angeles /
Jun.June 23, 2017 02:30 PM

Fans of Mr. C Beverly Hills will now have an opportunity to own a slice of the Hollywood-style hotel’s aesthetic.

The first-ever Mr. C branded residences, adjacent to the flagship hotel, opened Friday with prices ranging from $5 million to $8 million, or $2,513 a square foot to $2,380 for the largest condominium, a spokesperson for listing brokerage the Agency told The Real Deal. 

The condos, which were expected to have some of the heftiest price tags in Beverly Hills history, did not eclipse those at the Montage, which opened its condos in 2009. Condos at the Montage sell for as much as $3,000 a foot, TRD previously reported.

The five residences were developed by an affiliate of the family real estate company Atlantic Pearl. The affiliate, run by Bob Ghassemieh and his uncle Alex, scooped up the condominium site in 2006.

Designed by famed architect Ray Kappe and designer Marcello Pozzi, the two-bedroom, four-story residences range from 1,990 to 3,358 square feet. The homes have private elevators and automated entry, sound, lighting, blinds and ambiance control, the spokesperson said.

The building has a concierge, pool, spa, fitness center, meeting spaces, valet, housekeeping and a complimentary chauffeured luxury vehicle. Owners have the option to rentback their residence to the hotel.

The hotel, operated in partnership with brothers Ignazio and Maggio Cipriani of the famous Cipriani hospitality family, opened in 2011 and quickly became known for its yacht-like interiors.

The Ciprianis own a majority stake in the Mr. C brand and a miniority stake in the real estate, according to Ghassemieh.

Other hotel-condo projects on the horizon include the Edition Hotel by New York developer the Witkoff Group.


Related Articles

arrow_forward_ios
Renderings of One Beverly Hills and Beny Alagem. (One Beverly Hills, Getty)
Beny Alagem’s $2B Beverly Hills project gets go-ahead
Beny Alagem’s $2B Beverly Hills project gets go-ahead
Sumner Redstone (Getty) with 31 Beverly Park Terrace (Redfin)
Sumner Redstone’s Beverly Park estate flies off market for $27M
Sumner Redstone’s Beverly Park estate flies off market for $27M
Michael Nourmand (Facebook via Nourmand & Associates)
Compass tries to recruit brokerage owner Michael Nourmand
Compass tries to recruit brokerage owner Michael Nourmand
Braemar Hotels & Resorts Chairman Monty Bennett with Mr. C Beverly Hills. (Ashford, Mr. C)
Mr. C Beverly Hills sells to Monty Bennett’s Braemar Hotels
Mr. C Beverly Hills sells to Monty Bennett’s Braemar Hotels
Tony Gonzalez and 807 Cinthia Street (Getty, Redfin)
NFL great Tony Gonzalez scores $21M mansion sale
NFL great Tony Gonzalez scores $21M mansion sale
Corcoran Global Living CEO Michael Mahon and the Beverly Hills location. (Corcoran, JLL)
Corcoran sets up shop in Beverly Hills
Corcoran sets up shop in Beverly Hills
Rendering's of Byron Allen's future mansion. (Getty, Landry Design Group)
Media mogul Byron Allen is building a Beverly Hills megamansion
Media mogul Byron Allen is building a Beverly Hills megamansion
Dwayne “The Rock” Johnson and the Beverly Hills home (Getty, Zillow)
The Rock throws down $28M for Beverly Park estate
The Rock throws down $28M for Beverly Park estate
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...