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Fifth Column
BLM's LA mansion sold for 250 percent more than the price of similar homes in the area
2022-04-07
[NYPOST] The $6 million Los Angeles mansion purchased by the country’s top Black Lives Matter group sold for 250 percent more than the price of similar properties in its Studio City neighborhood, and went for $2.7 million more than property records show.Records state that the property initially sold for $3.1 million in October 2020, but by the time it was transferred to a shell company controlled by Black Lives Matter Global Network Foundation days later, the price had increased to $5.8 million.

It’s unclear what caused the discrepancy. A front man for BLMGNF could not be reached for comment Wednesday.

BLMGNF bought the sprawling property, which features a separate sound stage, pool and guest house, in the fall of 2020 to be used as a creative "campus" and safe house for the group, according to a report in New York magazine on Monday.



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