Lori Loughlin and Mossimo Giannulli are parting with their 12,000-square-foot Bel Air mansion at a steep discount, ahead of the couple’s sentencing for their admitted part in the college admissions scandal.
The mansion hit the market for $28.7 million in January, but a source told Variety that the former “Full House” star and Giannulli accepted an $18.7 million offer from Tinder co-founder Justin Mateen.
Giannulli is reportedly a prolific real estate investor in the Los Angeles area. The couple paid $14 million for the Bel Air estate in 2015, and poured more money into renovations.