The CEO called some of Kanye West’s decisions to gut the home “dumb,” but says it will be restored to what it was.

The post Kanye West's $39 Million Gutted Malibu Mansion Is the Week's Most Popular Home appeared first on Real Estate News & Insights | realtor.com®.

Kanye West ’s changes to a Tadao Ando-designed mansion in Malibu have been called “dumb” by the property’s new owner.

Kanye West’s creative alterations he made to his Malibu mansion he was forced to sell at a loss has been slammed by the new owner. The rapper snapped up the Tadao Ando-designed real estate property three years ago,

Jason Oppenheim with The Oppenheim Group represented the seller. Jean-Baptiste Rugiero with The Agency represented the buyer. The post Buyer Closes on Kanye West's Gutted Malibu Mansion for $21M—and Says the Star's Moves Were 'Dumb' appeared first on Real Estate News & Insights | realtor.com®.

Kanye West's ill-fated foray into high-end Malibu, Calif., real estate has left jaws dropping and wallets significantly lighter.

Belwood Investments has taken charge of Kanye West's Malibu mansion, aiming to restore it and sell for $40 million after West sold it at a $36 million loss.

Kanye West's changes to his previous Malibu mansion have been criticized as “dumb” by the new owner. After purchasing the Tadao Ando-designed home for $57.3 million three years ago, Kanye completely stripped it down in preparation for major renovations. However, he recently had to sell it, incurring a $36 million loss.

Belmont said that he has gone through the house and that its structure is not too damaged. The changes Ye made were “mostly cosmetic.” His biggest gripe is with the “No More Parties In L.A.” rapper’s removal of the glazing of the floors.