by
BlockShopper Newsman
published
Nov 10, 2009
According to a story
in the Wall Street Journal, this home's current owner, grocery story magnate Ronald Burkle, has taken out $56 million in loans against two of his homes, including this one. Former president Bill Clinton is reportedly a fan of the house, and recently spent the night there. Burkle has declined to say how he's using the money from the home loans. Traditionally, folks as rich as Burkle have stayed away from home loans, but that changed during the real estate boom of the early 00's.
According to a story in the Wall Street Journal, this home's current owner, grocery story magnate Ronald Burkle, has taken out $56 million in loans against two of his homes, including this one. Former president Bill Clinton is reportedly a fan of the house, and recently spent the night there. Burkle has declined to say how he's using the money from the home loans. Traditionally, folks as rich as Burkle have stayed away from home loans, but that changed during the real estate boom of the early 00's.
Filed under:
1740 Green Acres Dr, Beverly Hills, North Beverly Hills