The former home of Trinity Broadcasting Network has been sold to an Orange County real estate development firm, Khoshbin Co. The firm is owned by supercar collector Manny Khoshbin who plans to renovate the campus, adding a car museum, restaurant and creative offices. (Courtesy of CBRE)
Khoshbin Co. is owned by real estate developer and supercar collector Manuchehr “Manny” Khoshbin (pronounced kaash-bin).
Plans for the campus remain somewhat fluid, Khosbhin told the Register on Friday via email. An early vision to add a car museum, restaurant and creative office spaces could shift if a tech company shows interest in the space.
Khoshbin has 2.3 million followers on Instagram where he can often be seen posting photos and videos about supercars. Car enthusiast websites estimate his personal car collection is worth at least $50 million.
In a video posted to YouTube, Khoshbin shares details of a custom Hermes Bugatti Chiron, one supercar in a $17 million collection he ordered a year ago. Other supercars included a McLaren Speedtail, Koenigsegg Jesko and a Mercedes AMG Project ONE.
The former Trinity Broadcasting Network campus in Costa Mesa has been sold to Khoshbin Co. for $22 million, according to CBRE. (File photo: Leonard Ortiz/Orange County Register)
The former Trinity Broadcasting Network campus in Costa Mesa has been sold to Khoshbin Co. for $22 million, according to CBRE. The new owner plans to renovate the campus, adding a car muesum, club, restaurant and creative offices. (Photo by Mark Rightmire, Orange County Register/SCNG)
A view from the second floor of the stairway and ceiling in the lobby in the former Trinity Broadcasting Network building located on Bear Street and the 405 freeway in Costa Mesa.(Photo by Mark Rightmire, Orange County Register/SCNG)
The former Trinity Broadcasting Network campus in Costa Mesa has been sold to Khoshbin Co. for $22 million, according to CBRE. The new owner plans to renovate the campus, adding a car muesum, club, restaurant and creative offices. (Photo by Mark Rightmire, Orange County Register/SCNG)
A view from the second floor of the stairway and ceiling in the lobby in the former Trinity Broadcasting Network building located on Bear Street and the 405 freeway in Costa Mesa, across the freeway from South Coast Plaza on Wednesday, September 11, 2019. (Photo by Mark Rightmire, Orange County Register/SCNG)
The former Trinity Broadcasting Network campus in Costa Mesa has been sold to Khoshbin Co. for $22 million, according to CBRE. The new owner plans to renovate the campus, adding a car muesum, club, restaurant and creative offices. ( File photo: MINDY SCHAUER, ORANGE COUNTY REGISTER)
The dining room is seen in the former Trinity Broadcasting Network building on Bear Street and the 405 freeway in Costa Mesa. The campus has been sold to Khoshbin Co. for $22 million, according to CBRE. The new owner plans to renovate the campus, adding a car muesum, club, restaurant and creative offices. (Photo by Mark Rightmire, Orange County Register/SCNG)
A view from the third floor looking down to the second floor just beyond the lobby in the former Trinity Broadcasting Network building located on Bear Street and the 405 freeway in Costa Mesa. (Photo by Mark Rightmire, Orange County Register/SCNG)
A view of the rotunda of the former Trinity Broadcasting Network campus located on Bear Street and the 405 freeway in Costa Mesa. (Photo by Mark Rightmire, Orange County Register/SCNG)
The real estate developer and investor is buying a property that had long been known for its Christmas light decorations that brightened the 405 freeway near South Coast Plaza.
The Christian-based television network bought the 6-acre facility in 1996 for $6 million and sold it in 2017 for an undisclosed sum to Greenlaw Partners. The property at 3150 Bear St. has since changed owners, and property records show the seller was Alliance South Coast Properties LLC.
According to city and state documents, the LLC is owned by EFEKTA Orange Inc., an education provider based in Delaware. The company in 2019 requested an infrastructure change with the city to create a 627-student international language school with three dormitories at the property.
TBN Founder Paul Crouch – who said he heard God tell him to start a Christian TV network nearly 45 years ago – died in 2013. His wife and co-founder, Jan Crouch, died in May 2016.
The network continues to broadcast from a studio in Tustin.
Anthony DeLorenzo, Gary Stache, Doug Mack, Bryan Johnson and Justin Hill of CBRE represented the seller. Khoshbin Co. was self-represented.
Representatives from Khoshbin Co. could not be reached by telephone Thursday afternoon.
