Los Angeles: Michael Jackson`s Neverland estate is considered to be put on the market for sale, a spokesman for the company controlling the property said.
Billionaire Tom Barrack`s Colony Capital, which currently manages the estate, was preparing to sell the famous 2,700-acre ranch, reportedly.
Barrack`s private firm took over the property in 2008 after buying a USD 23.5 million note on it when Jackson faced mounting debts and the real estate market was in free fall.
Barrack`s private firm took over the property in 2008 after buying a USD 23.5 million note on it when Jackson faced mounting debts and the real estate market was in free fall.