March 14, 2025 Your Source for Brentwood News

FIGS Co-CEOs Purchase Luxe Mansions In Brentwood

Spear and Hasson’s houses are quite close to each other.

By Dolores Quintana

Catherine “Trina” Spear and Heather Hasson, co-CEOs of the FIGS healthcare apparel company have both purchased new estates with the profits from their sale of FIGS stock after they sold their stock after the company went public as reported by The Dirt.com.

The idea for FIGS came from Hasson, aged 39, in 2013. Spear, aged 38, has an MBA from Harvard and experience working with the private equity firm Blackstone and when she heard about Hasson’s idea for a startup, Spear contacted Hasson and together they developed the startup idea into a workable business model and with Spear’s help, Hasson was able to guide the company and its line of fitted scrubs marketed and sold directly to health care workers. Yes, the company is named after the fruit which is Hasson’s favorite. 

The company went public last year on the New York Stock Exchange and was awarded the “first” of their pre-IPO shares being sold on Robinhood to traders on that platform and was also the first medical professional clothing company to go public. Not to be forgotten, FIGS was also the first company to go public that had two female co-CEOs. 

Heather Hasson is a native of Los Angeles with a background in fashion design and Catherine “Trina” Spears was born in Miami and is a former investment banker.  

Ironically, the pandemic gave FIGS the success that it has denied many other companies because there was a large demand for medical scrubs, masks and healthcare apparel during the emergency. The company’s revenue in 2020 was $263 million and its net profit was over $57 million. This represented a 100 percent increase in profit from the previous year. After the company went public, shares went up 36 percent which gave Hasson and Spear net worths of almost $700 million. 

Since Spears and Hasson both cashed in their shares in late 2021, their net worth didn’t take a beating in the early 2022 stock market crash where FIGS stock lost 72 percent of its value. Both of the women seem to be set for life. Hasson sold over $102 million of her stock shares and Spear divested $65 million in shares. Naturally, house hunting in the most exclusive neighborhoods was their next move.  

In December, Hasson bought a large estate in Mandeville Canyon, within the chicest areas of Brentwood for $56.6 million. Spear exercised more caution and bought a mansion in the upscale Brentwood Park neighborhood for $22.2 million, which is located very close to Hasson’s new home. 

Both of these sales were all cash and are considered the second and ninth most expensive residential property purchases in the Brentwood area for 2021. Hasson’s lavish purchase is considered the third-highest amount paid for a home on the Westside past the 405 freeway. It ranks after Scooter Braun’s $65 million purchase of yet another estate in Mandeville Canyon and tech CEO Austin Russell’s $83 million purchase of a Pacific Palisades manor. 

Hasson’s new home was sold by Matt Wollman, who is an entrepreneur who keeps out of the limelight and made his fortune through the manufacturing and distribution of massage chairs. The estate is located in the deepest interior of Mandeville Canyon near the end of an obscure road. Security is tight for the property and has imposing walls and huge driveway gates. 

The property is quite isolated from the surrounding city and sits on 6.22 acres of well-manicured grounds and is adjacent to seven acres of completely undeveloped land that is part of the Santa Monica Mountains national recreation area. The property is akin to a giant park that has no neighbors. While no interior pictures come with the property listing, The Dirt believes that the home has a traditional Tuscan theme. The huge house has multiple patios and loggias and one listed outdoor fireplace. 

The master bedroom upstairs has a marble bathroom, dual dressing rooms and a private sitting room per the listing. The listing also notes that the home has a media room, children’s playroom, and a formal dining room for 22 people. In the backyard, there is a pool that is surrounded by mature olive trees and a large lawn that leads to a surprising amenity, namely an underground conference room. This room is buried in the lawn and comes “with [a] towering vault door entrance.” as quoted by The Dirt.com. While this feature is not pictured in the listings photographs, the listing does say that the meeting room is “perfect for large meetings with state-of-the-art technology and security,”

The backyard has a number of gardens, vegetable, herb and flower gardens with lavender, rosemary and an orchard that contains 20 different types of fruit trees. 

Spear’s home has six bedrooms and eight bathrooms with more than 11,000 square feet of space. However, the home’s style is markedly different from Hasson’s mansion. This estate is of the modern farmhouse style and was built in 2021 by Ken Ungar, an architect that seems to never stop working. The home also has just about every amenity imaginable. 

The home is a two-tone edifice hidden behind looming gates. This home is close to billionaire mayoral candidate and real estate tycoon Rick Caruso. 

The listing notes that the home has a “gracious and casual floorplan” that comes with plush interiors and sumptuous furnishings and a soft feminine color scheme. For example, the living room, with a fireplace, is right next to the lacquered lavender dining room hung with contemporary chandeliers. The staircase is “delicate and fluted” as quoted by The Dirt,com and goes upstairs and downstairs. 

Adam Hunter Design is responsible for this home’s interiors, including the Waterworks gourmet kitchen, the master bedroom with its own sitting room, dual closets and a bathroom outfitted with Calacatta Cielo marble, a “wellness center” that has a gym, massage area and plunge pool. 

There’s also the blush-colored, mohair seating in the in-house and soundproof screening room. Finally, the backyard has a negative edge pool that comes with a fire feature and a pool house with glass walls, a full bathroom and an al fresco dining area.

Related Posts

The Ebell of Los Angeles Celebrates Women’s History Month with Inspiring Events, Art, and Performances

March 13, 2025

March 13, 2025

The Month-Long Celebration Honors the Contributions and Resilience of Women In honor of Women’s History Month, The Ebell of Los...

(Video) Baltaire’s Amazing 10th Anniversary Party

March 13, 2025

March 13, 2025

The Greek Salad prepared table side. Bluefin Toro with Crispy Rice, wasabi, spicy mayo, pickled ginger. Chateaubriand, 16 oz, with...

(Video) Wildfire Attorney. Law Offices of Allen Farshi

March 13, 2025

March 13, 2025

How The Law Offices of Allen Farshi Can Safeguard You Amid Wildfire Loss. For more information, check out the video...

Baltaire Celebrates 10 Years with a ‘Decade of Decadence’ Anniversary Bash On Saturday

March 12, 2025

March 12, 2025

Brentwood’s Iconic Steakhouse Marked a Milestone With an Unforgettable Night of Fine Dining Last Saturday night was the official party...

(Video) H&H Bagels Now Open in Santa Monica

March 12, 2025

March 12, 2025

The New York Bagel Spot finally arrived at 710 Montana to crowds and long lines. Here’s that bagel sandwich goodness....

The Ultimate Guide to St. Patrick’s Day 2025 in West Los Angeles, Where to Eat, Drink & Party

March 12, 2025

March 12, 2025

From Irish-Inspired Brunches to Green Beer Towers & Drag Bingo, We’ve Got You Covered Los Angeles is going all out...

Eat + Drink West Hollywood Returns for a Month-Long Culinary Celebration

March 12, 2025

March 12, 2025

Dine, Drink, and Support Hospitality Workers Affected by Wildfires Eat + Drink West Hollywood is making a grand return this...

Michelin Unveils Newest Additions to Its California Guide, Seven Los Angeles Restaurants Recognized

March 12, 2025

March 12, 2025

Exciting New Dining Destinations Join the Michelin Selection in Los Angeles, Culver City, Santa Monica ​The Michelin Guide has recently...

Flux Screening Series Returns with Daring Short Films and Music Videos at the Hammer Museum

March 11, 2025

March 11, 2025

Experience Avant Garde Cinema, Live Filmmaker Presentations, and Guest DJ Sonrista The Flux Screening Series is set to bring the...

Brazen Burglars Target Pico Robertson Businesses in Early Morning Heist

March 11, 2025

March 11, 2025

Smash-and-Grab Crew Ransacks Kosher Pizza Shop and Pharmacy A trio of burglars wearing hooded sweatshirts ransacked a pizza shop and...

Brentwood Weekly Crime Report: February 25, 2025 – March 2, 2025

March 11, 2025

March 11, 2025

SLO Kirk Publishes Stats for the Last Week of Feb. to Early March By Senior Lead Officer Matthew Kirk Senior...

Menendez Family Blasts DA Hochman’s Decision, Calls for Justice in Resentencing Review

March 11, 2025

March 11, 2025

The Justice for Lyle and Erik Coalition Condemns District Attorney Hochman The family of Lyle and Erik Menendez has condemned...

Evacuation Warnings Issued for LA Burn Areas, PCH Closure Announced as Storm Approaches

March 11, 2025

March 11, 2025

Residents in High-Risk Zones Urged to Prepare for Possible Mudslides Officials have issued evacuation warnings for multiple areas in Los...

First Measles Case of 2025 Confirmed in LA County Amid Growing Outbreak in the United States

March 11, 2025

March 11, 2025

Health Officials Urge Vaccination and Symptom Monitoring for Unvaccinated Residents ​The Los Angeles County Department of Public Health (LACDPH) has...

Security Guard Shoots Suspect Who Crashed Car Into L.A. Dispensary

March 11, 2025

March 11, 2025

Masked Suspect Drove Into a Marijuana Dispensary in Sawtelle  Armed security at a marijuana dispensary in Los Angeles’ Sawtelle neighborhood...