BLM mansion realtor insists $6m deal was ‘above the board’

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The real estate agent who handled the secret $6million purchase of a lavish Los Angeles mansion for Black Lives Matter insisted everything was ‘over the edge’ with the sale – but refused to provide more details.

Dyane Pascall, a local BLM-linked property developer, bought the 6,500-square-foot mansion for $3.1 million in October 2020, according to property records obtained by The Post.

A few days later, the mansion was transferred to a front company controlled by the Black Lives Matter Global Network Foundation – a charity behind the BLM movement – ​​for $5.8 million, records show.

“I never got any money. The money went straight into escrow,” Pascall told the Washington Examiner when asked about the sale.

He reportedly refused to answer further questions about his involvement in the sale and said: ‘I owe you no explanation’ when asked where the money came from to buy the mansion.

The real estate agent who handled the transfer of a Studio City, California property to the Black Lives Matter Global Network Foundation said the transaction was “over the edge”.
Ringo Chiu for NY Post
Dyane Pascal
“I don’t owe you an explanation,” Dyane Pascall reportedly said, when asked where the money came from to buy the mansion.
Facebook / Dyane Pascall
(L-R) Alicia Garza, Patrisse Cullors and Opal Tometi attend the New York Women's Foundation Celebrating Women's Breakfast at the Marriott Marquis Hotel on May 14, 2015 in New York City.
(L to R) Alicia Garza, Patrisse Cullors and Opal Tometi are credited with making the BLM call to action.
Jemal Countess/Getty Images for The Women’s Foundation of New York

The mansion was purchased with funds donated by BLM, New York review reported earlier this week.

The deal came two weeks after the California attorney general approved a $65 million transfer from Thousand Currents, a charity that collected donations on behalf of Black Lives Matter.

“It’s an investment an organization is entitled to make if you know anything about nonprofit law,” Pascall told the Examiner.

Pascall, who is the CFO of Janaya and Patrisse Consulting – an LLC operated by co-founder Patrisse Cullors and his wife, Janaya Khan – also insisted he “didn’t buy the house” but did. “assigned to an LLC”. ”

Three leaders of the social justice movement - Patrisse Cullors, Alicia Garza and Melina Abdullah - recorded a video last June outside the 'secretly bought' house while marking the first anniversary of the murder of George Floyd
The mansion was reportedly purchased with funds originally donated to the BLM foundation.
Keller Williams Realty Encino
A view of the property at 3726 Laurel Canyon blvd in Studio City, Calif. on Tuesday, April 5, 2022.
Patrisse Cullors has resigned from the BLM organization following news of the multi-million dollar property purchase.
Ringo Chiu for NY Post

Celebrities and the wealthy often create LLCs for privacy and to protect their assets from creditors.

Pascall also denied the Post’s previous report that he purchased the property from televangelists Shawn and Cherie Bolz for $3.1 million.

“No, I didn’t buy the house for $3.1 million and I didn’t sell it for $5.8 million. That would be ridiculous,” Pascall told the Examiner.

Asked about the purchase on Wednesday, Pascall told the Post he couldn’t remember the exact price he paid for the property in 2020, saying, “I paid the asking price.”

Bolz told the Post earlier this week that he sold the property for $3.1 million in 2020. Records show Bolz bought the house for the same amount in 2016.

“That doesn’t even make sense. $3.1 million? I think [Bolz is] confused. Maybe that’s what he says he did on it,” an unnamed source with knowledge of the sale told the reviewer.

When the purchase details first appeared in the New York review report, Cullors said the reason the purchase hadn’t been announced before was that the house needed “repairs and renovations.”

Cullors, who resigned from the BLM in May, also claimed the report was a “racist and sexist” attack on the BLM movement.

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