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A 6.7-acre Beverly Hills compound owned by a member of the royal family of Saudi Arabia is being quietly shopped for $85 million, according to two people with knowledge of the deal.

Joyce Rey of Coldwell Banker Previews International, who has the listing, said she is dealing with the director of the holding company that controls the property and could not comment on the identity of the owner, though people with knowledge of the deal said he was a second-generation member of Saudi Arabia’s ruling family, the House of Saud….