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The Penthouse Pursuit: Three Sky-High Acquisitions in One Season

One client. Three penthouses. Four months. How a New York family office quietly assembled a sky-high residential portfolio across two continents without a single public listing.

Elena Vance·15 March 2026·9 min read
Contemporary penthouse architecture against city skyline

The brief arrived in January: a family office based in New York was seeking three high-floor residences — one primary, two investment — across Los Angeles, London, and Dubai. Budget: $40M combined. Timeline: closed by Q2. Zero public exposure.

Los Angeles: The Bel Air Crown

The first acquisition was a 7,400-square-foot penthouse on a private estate road in Bel Air, never listed. The property had been in private hands for eleven years. Our relationship with the estate attorney on the seller side allowed us to approach the family directly with a pre-qualified buyer and a clean offer structure — no financing contingency, 21-day close. The deal closed at $16.8M in February.

London: Mayfair and the Complexity of Leasehold

The London acquisition introduced a layer of complexity specific to the UK market: the property — a 4,200-square-foot lateral penthouse in Mayfair — was held on a 125-year leasehold with 87 years remaining. Our team coordinated a lease extension in parallel with the transaction, delivered simultaneously at exchange. The client took possession of a freehold-equivalent asset at £9.4M.

flight

Cross-border transactions require aligned legal teams, currency hedging, and tax structuring advice specific to each jurisdiction. Roofio coordinates all three through our Global Advisory network at no additional cost to the buyer.

Four months ago they had three cities on a spreadsheet. Today they have three exceptional homes. That is what this work is supposed to feel like.

Elena Vance

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