BizJournals Portfolio
Home >   Business Views, Opinions and Blogs >   Business Blogs >   Daily Brief >  

No Good Deed Goes Un Trumped

Daily Brief

by Liz Gunnison
Main
The Swift Boat of Subprime   Hulu Profits From Error Pages

Recent Blog Posts

Links

Aug 21 2008 4:05pm EDT

No Good Deed Goes Un-Trumped

Remember when we reported that Donald Trump had stepped in as Ed McMahon's benefactor to save the elder actor's home from foreclosure?

Well, we spoke too soon.

It appears that a second buyer has emerged for the unloved Beverly Hills property. The home's listing agent, Alex Davis of Hilton & Hyland, has told the Los Angeles Times that the house in now in a "multiple offer situation." He wouldn't name the second buyer.

When it rains, it pours, eh? McMahon's property was on the fast track to foreclosure one minute, and the next a possible bidding war has emerged.

Now that's a Hollywood ending.

Liz Gunnison

Comments

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.


Connect With Portfolio.com
Like Portfolio on Facebook

Come on, like us—you know you want to.

Follow Portfolio on Twitter

Follow us and if you're an innovative entrepreneur, we'll return the favor.

The Mix

Today's top stories, conversation starters, and the back nine business bites.

spotlight on

Slideshows

500 Startups Hits New York

Dave McClure's brainchild makes its way to New York and introduces East Coast money folks to some intriguing new companies. View Slideshow