James McClain As their looming sentencing date fast approaches, Lori Loughlin and Mossimo Giannulli are cutting ties to their current neighborhood in L.A.’s posh Bel Air area.
In addition to resigning from the exclusive Bel-Air Country Club, the couple’s nearby mansion is also in escrow to be sold, sources say.
The buyer is Tinder co-founder Justin Mateen, a Los Angeles native who already owns a substantial luxury real estate portfolio.The heavily discounted deal has not yet recorded, but the sources say the sale price “significantly” undercuts the property’s most recent $28.7 million pricetag, and it’s further still below the couple’s original, and profoundly unrealistic, $35 million wishlist ask from more than three years ago.
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