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Luxury $500M Malibu Mansion Neighborhood Files For Bankruptcy

X17onlineVideo Video 7 days ago

Description

Saturday, November 7, 2026 - Luxury $500 million development The Case in Malibu has filed for bankruptcy. The Wall Street Journal reports developer Scott Gillen is facing foreclosure on five luxury mansions styled after the mid-century Case Study homes. One property was pre-sold for $61 million but the other four have ceased construction and appear to be abandoned. Maybe someone can swoop in and get a bargain on this oceanfront real estate!

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