Michael Jackson’s Neverland to be sold

Michael Jackson's Neverland to be sold

Michael Jackson’s Neverland to be sold

Colony Capital have announced they will sell Michael Jackson’s Neverland Ranch, and it could fetch up to $60 million.
The Santa Barbara property will reportedly be put on the market by Colony Capital, who own a primary stake in the estate, after buying out the late singer’s $23 million mortgage to save it from foreclosure in 2008, in order to recoup the debt they are owed on the house.

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