TMZ reports that the couple have lived in the home since February of this year, and have dished out $150,000 a month to rent the property.
But now that a buyer has purchased the home for $35.5 million, they’re forced to leave in a matter of weeks.
According to TMZ, Jay and Bey were interested in possibly purchasing the home for themselves, but did not want to outbid the buyer.
“Beyonce and Jay dropped $150k a month on the 16,000 square foot Holmby Hills estate … this after looking in vain for a place to buy in the L.A. area,” TMZ reports. “It appears they weren’t interested in outbidding the buyer, who agreed to pay $35.5 million for the pad.”
The couple is reportedly looking for other homes in the area, specifically Beverly Hills, Bel-Air, and Holmby Hills.
Just last year, the couple was outbid by a Swedish billionaire over a Beverly Hills mansion. The buyer, Markus “Notch” Persson, reportedly paid $70 million for the home.
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