Rosewood Residences prepares to sell $40M condo in Beverly Hills

Nahla Capital and GPI appoint Compass team to lead sales

Nahla Capital and GPI Companies are putting together “For Sale” signs for their swank Beverly Hills condominium tower, with homes expected to sell for up to $40 million.

Nahla, based in New York, and Brentwood-based GPI have picked Sally Forster Jones and Tomer Fridman of Compass to lead sales for the Rosewood Residences Beverly Hills at 9900 South Santa Monica Boulevard, the Los Angeles Business Journal reported.

Sales will officially launch this summer and the development will be completed next year.

The $100 million boutique complex will include 17 condominiums managed by Rosewood Hotels & Resorts, a Hong Kong hospitality company known for operating luxurious residential-style hotels.

The Rosewood Residences, designed by Danish architect Thomas Juul-Hansen, is under construction on a site last occupied by the famous Friars Club, launched by the likes of comedian Milton Berle. MVE + Partners serves as the executive architect.

The condominium tower is rising next to the Peninsula Beverly Hills hotel and across from the Beverly Hilton and Waldorf Astoria Beverly Hills hotels, in the Golden Triangle district. 

The condos will range from 3,000 to 7,000 square feet, each with private elevator access, soaring foyers, gourmet kitchens with double islands and mudroom/laundry rooms accessed by a service elevator. 

Nearly half the residences will have private swimming pools. Some will have outdoor kitchens, wet bars and fire pits.