Last month, Lori Loughlin and her husband Mossimo Giannulli sold their family's Bel Air mansion amid their ongoing college admissions court case. The couple sold the home at a significant financial loss, as well, receiving more than $10 million below their initial asking price for the transaction.
According to Variety, Loughlin and Giannulli sold the house to Tinder co-founder Justin Mateen for $18 million. They originally listed the Bel Air mansion for $28.7 million. Loughlin and Giannulli purchased the home back in June 2015 for $14 million and spent an unknown amount in renovations over the years, according to the report. The home is 12,00 square feet and consists of six bedrooms, nine bathrooms, an eat-in chef’s kitchen, two living rooms, an outdoor courtyard and a swimming pool.
A few weeks later, Variety confirmed on Monday (August 10) that Loughlin and Giannulli closed a sale on their new home. They purchased a $9.5 million home in Hidden Hills, California. The house is reportedly located in a gated community and contains six bedrooms and nine bathrooms within its 11,748 square feet of living space.
The home also includes a number of additional luxury amenities, including a temperature-controlled walk-in wine cellar, gym and movie theatre. The backyard has a pool and spa, as well as a fire pit and barbecue area.
Loughlin and Giannulli are expected to plead guilty in the ongoing college admissions court case later this month. While Giannulli will reportedly be sentenced to a five month prison sentence, Loughlin will likely serve an even shorter two month sentence.