Investment firm buys loan on Jacko's ranch

A foreclosure auction for Michael Jackson’s Neverland Ranch was cancelled after an investment company bought the loan.

Tue, 13 May, 2008 - 08:56

A foreclosure auction for Michael Jackson’s Neverland Ranch was cancelled after an investment company bought the loan.

Colony Capital spokeswoman Caroline Luz said the loan purchase was recently made by Colony and tomorrow’s auction was off, the Los Angeles Times said.

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Courts Entertainment Heathrow Place: Neverland Ranch Place: Ranch Place: Santa Barbara County, California Place: Neverland Person: Michael Jackson Person: Caroline Luz Person: Jackson Person: B Michael Person: Londell McMillan Organisation: Jacko Organisation: Colony Capital Organisation: Colony Organisation: Los Angeles Times Organisation: Neverland Ranch

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Investment firm buys loan on Jacko's ranch

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Investment firm buys loan on Jacko's ranch

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