While Michael Jackson is living in Dubai and creating drama by entering ladies bathrooms, his Neverland Ranch was quietly sold to his neighbor Thomas J. Barrack, CEO of Colony Capital. Barrack, has owned ranches in Santa Ynez for decades.
Michael Jackson deeded over ownership of Neverland to Sycamore Valley Ranch Company, LLC. Moving vans have been seen up and down Figueroa Mountain road by neighbors. The 2,675 oak studded acres will be a wonderful addition to the real estate collection of the man Donald Trump called the Greatest Real Estate Investor in the world.
Enjoy Mr. Barrack.
Monday, November 17, 2008
Neverland Ranch Sold November 10th, 2008
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