Bo Belmont offers $30M for Sean "Diddy" Combs's $62M mansion, citing overvaluation.

Bo Belmont, founder of Belwood Investments, has offered to buy Sean "Diddy" Combs's $62 million Holmby Hills mansion for $30 million, arguing it doesn't meet expectations for its price. Belmont, who previously bought Kanye West's Malibu mansion for much less than the asking price, plans to redesign the mansion if he buys it. Other realtors cite the high asking price and negative stigma as obstacles to the sale.

November 24, 2024
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