Centurion Real Estate Partners Acquires Mandarin Oriental Residences, Beverly Hills

NEW YORK--(BUSINESS WIRE)--Centurion Real Estate Partners (“Centurion”), a leader in luxury residential real estate development, is pleased to announce the acquisition of the prestigious Mandarin Oriental Residences, Beverly Hills, located at 9200 Wilshire Boulevard. Developed by luxury real estate development and investment firm SHVO, this landmark property is Mandarin Oriental’s first residential-only project on the U.S. West Coast and features 54 luxurious residences with meticulously curated outdoor spaces. This strategic acquisition aligns with Centurion’s commitment to enhancing its portfolio with best-in-class residential buildings in the most sought-after locations in the United States.

Spanning a full city block atop Beverly Hills’ famed Golden Triangle, moments from the world-famous Rodeo Drive, The Residences offer a unique blend of exceptional luxury, sophistication, and world-class service. The property is designed to the highest standards with impeccably crafted interiors by renowned design studio 1508 London and curated amenities, all complemented by the impeccable hospitality and five-star service synonymous with the Mandarin Oriental brand.

“I am thrilled to add Mandarin Oriental Residences, Beverly Hills to Centurion’s portfolio,” said John Tashjian, Managing Principal of Centurion. “We look forward to continuing Michael Shvo’s vision to deliver an unparalleled luxury lifestyle that sets a new standard for residential living in Beverly Hills. In the coming weeks, we will be offering the remaining residences for sale, providing an exclusive opportunity to experience Mandarin Oriental’s world-renowned service in a boutique residential setting.”

The property includes spacious one-, two-, and three-bedroom homes, as well as two magnificent penthouses, each covering 6,450 square feet of interior space and an additional 5,000 square feet of exclusive outdoor space. The penthouses boast private pools, private six-car garages, dedicated elevators, and wrap-around terraces with breathtaking views of the Hollywood Hills.

Residents enjoy unparalleled service and amenities including a dedicated team of full-time Mandarin Oriental trained colleagues, private porte-cochere with valet parking, concierge, library, lounge, and meeting space. An expansive rooftop sanctuary features a sun-drenched pool, spa treatment rooms, a wellness and state-of-the-art fitness center, and indoor-outdoor yoga and meditation spaces.

“Mandarin Oriental Residences, Beverly Hills redefines luxury living, blending our rich heritage of craftsmanship with a modern vision of residential hospitality,” said Laurent Kleitman, Group Chief Executive of Mandarin Oriental Hotel Group. “For over 60 years, Mandarin Oriental has been renowned for its legendary service and inspiring spaces, and we are confident Centurion will uphold these exacting standards, ensuring an extraordinary lifestyle for our residents. We are grateful to Michael Shvo for his vision and dedication in bringing this project to life, setting a new benchmark for luxury residential experiences in Beverly Hills.”

Michael Shvo, Founder, Chairman, and CEO of SHVO, stated: “Mandarin Oriental Residences, Beverly Hills truly redefined luxury living and set a new standard for future high-end condominium development in Los Angeles. We are proud that our legacy will be associated with Mandarin Oriental Residences, Beverly Hills’ long-term success under Centurion’s stewardship.”

Beverly Hills is renowned for its glamorous lifestyle and homeowners have an exclusive opportunity to live within one of the most prestigious addresses in the world. The property is just moments away from the finest shopping, dining, and entertainment that Beverly Hills has to offer.

About Centurion Real Estate Partners

Established in 2003, Centurion Real Estate Partners is a vertically integrated platform that specializes in strategic, opportunistic residential investing. With a 22-year track record of delivering superior risk-adjusted returns across $2.5 billion of real estate investments, Centurion is a trusted development partner and project turnaround advisor to leading institutional investors and lenders. As an established operating partner with institutional DNA, Centurion employs a tactical approach with an entrepreneurial mindset to identify opportunities, target complexity, and create value for its investors and partners. Centurion has spearheaded the development and repositioning of several prestigious luxury residential condominium projects, including The Beacon in San Francisco, 212 West 72nd Street, 200 East 59th Street, 33 Park Row, Riverhouse One Rockefeller Park, and River & Warren in New York City.

About Mandarin Oriental Hotel Group

Mandarin Oriental is the award-winning owner and operator of some of the world’s most luxurious hotels, resorts and residences. Renowned for creating outstanding properties, each destination reflects the Group’s dual Asian heritage, local culture and unique design. Driven by a passion for the exceptional, every day, everywhere, the Group’s mission is to craft time enriching experiences that transform the ordinary to the exceptional and guests to fans through its legendary service. The Group now operates 41 hotels, 12 residences and 26 exceptional homes in 26 countries and territories with many more projects under development. Mandarin Oriental continues to drive its reputation as an innovative leader in luxury hospitality, delivering sustainable growth over the long term. For more information, please visit www.mandarinoriental.com.