Abel Tesfaye is the new owner of a mansion in Bel Air thanks to an off-market deal that was just revealed by the Wall Street Journal. Don’t know who Abel Tesfaye is? He is among the most well-known recording artists in the world, therefore that is strange. Oh, you’re probably more familiar with him by his stage name, The Weeknd.
The Weeknd recently paid $70 million for a 33,000 square foot residence with views of the Bel Air Country Club, according to the Wall Street Journal. Situated on 1.6 acres, the home has nine bedrooms, indoor and outdoor pools, movie theater, music studio, sports court and much more.
Reinout and Danielle Oerlemans are the sellers. The founder of the Dutch production company Eyeworks is Reinout Oerlemans. He started the business in 2001, and over the years it developed into one of the biggest producers of movies and television in the world. In 2006 Eyeworks acquired the production company behind shows like “The Biggest Loser,” “Extreme Weight Loss,” and “Bar Rescue.”
For $21.44 million, Reinout and Danielle paid for this Bel Air home in 2015. They then invested countless millions of dollars in upgrades that took three years to finish. The remodeling increased living space by 13,000 square feet.
I wish I could show you photos of the house, but since it was an off-market deal there aren’t any pics available on the Multiple Listing Service. If you click the link above, you may view a few pictures from the Wall Street Journal story.
The Weeknd’s Real Estate Assets
The Weeknd has some real estate clout.
In late 2019 he paid $21 million for a penthouse apartment overlooking the Beverly Hills Country Club. His HOA in this building is just about $7,000 per month.
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