The Real Estate Blog

Russian oil magnate Roman Abramovich recently bought the Colorado ranch previously belonging to surgical-equipment tycoon Leon Hirsch for $36.3 million. This is already the second property Abramovich has purchased this season. In February he bought a 14,300-square-foot house in Snowmass for $11.8 million. The last purchase has 11 bedrooms, 12 baths, a media room, a [...]

Pop legend Michael Jackson has managed to save his California-based ranch Neverland from being auctioned off. The Neverland ranch faced foreclosure since Jackson defaulted on the $24 million property loan.
Jackson purchased Neverland 20 years ago at a cost of $28 million to make a fantasy island for children. In its heyday, Neverland used to have [...]