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Oak Court Mall owner may file for bankruptcy, agency says

Oak Court Mall owner may file for bankruptcy, agency says
commercialappeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from commercialappeal.com Daily Mail and Mail on Sunday newspapers.

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Michael Jackson's Neverland Ranch sold for knockdown price

Michael Jackson s Neverland Ranch sold for knockdown price
30th Dec 2020 | Source: Reuters
Billionaire investor Ron Burkle, a former family friend of Jackson, recently bought the sprawling 2,700 acre (1,100 hectare) estate, his spokesman said on Thursday.
The Wall Street Journal said the estate, which was renamed Sycamore Valley Ranch several years ago, sold for $22 million according to public records. In 2015, the asking price was $100 million and in 2017 it was re-listed for $67 million.
Burkle’s spokesman said the businessman saw the investment as a land banking opportunity. He spotted the estate from the air while looking at another location and contacted Tom Barrack, the founder of real estate investment company Colony Capital LLC, to seal the sale. The ranch was off the market at the time. ....

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Penguins owner buys Neverland Ranch for fraction of list price

New York Times News Service
December 28, 2020 2:26 pm
A billionaire former associate of Michael Jackson has purchased the pop star’s former home, Neverland Ranch.
Ron Burkle, cofounder of investment firm Yucaipa Cos., purchased the ranch for $22 million, The Wall Street Journal reported.
Ron Burkle rides along the victory parade route for the Pittsburgh Penguins NHL hockey team. Keith Srakocic/Associated Press/File 2016
A spokesman for Burkle, who previously served as a financial adviser for Jackson, said he viewed the investment as a land-banking opportunity. Burkle made his initial fortune buying and selling supermarkets in California. He is also a co-owner of the Pittsburgh Penguins hockey franchise. ....

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Neverland Ranch, former home of Michael Jackson, is sold

Neverland Ranch, former home of Michael Jackson, is sold
Jackson bought the ranch, a 2,700-acre property in Los Olivos, California, about 125 miles northwest of Los Angeles, for about $17 million in 1988. He named it Neverland Ranch, after the mythical island home of Peter Pan, the boy who never grew up.
This Dec. 17, 2004, file photo shows the rear entrance to pop star Michael Jackson s Neverland Ranch home in Santa Ynez, Calif. Jackson’s Neverland Ranch has found a new owner in billionaire businessman Ron Burkle. Burkle’s spokesman said in an email Thursday, Dec. 24, 2020, that Burkle bought the 2,700-acre property near Santa Barbara, California. ....

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Michael Jackson's Neverland ranch sold – .

Michael Jackson's Neverland ranch sold – .
explica.co - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from explica.co Daily Mail and Mail on Sunday newspapers.

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