Thursday, November 13, 2008

Neverland Sold Into Joint Venture

Micheal Jackson signed over part ownership of Neverland Ranch to Sycamore Valley Ranch Company LLC. Sycamore is actually a partnership between Mike and company called Colony Capital that owns the Las Vegas Hilton, the Red Rock Country Club and a few other Las Vegas properties. Word is Mike may end up singing for his supper at the Vegas Hilton in exchange for a place to stay. Oh and they're changing the name. From now on Neverland will be know as the Sycamore Valley Ranch.