Norwalk

Norwalk, CA · Real Estate
Malibu Times
Financial instability exposed in Malibu mansion development
National newspaper details unraveling of project next to city’s skatepark. The development of one of the ritziest housing enclaves in the U.S., located right here in Malibu, appears to be in financial trouble according to the Wall Street Journal. The national publication specializing in financial issues and the economy published a scathing expose Oct. 30 on Scott Gillen, the developer of five multimillion-dollar homes called “The Case” located on Malibu Road, abutting the city’s new skatepark. The newspaper claims the $500 million project is on the verge of collapse amid bankruptcy filings, mounting debt, and a legal dispute with financial partners. The WSJ report questions Gillen’s management of the project, pricing strategy, and discloses a previously unknown criminal history.
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Washington Examiner
Vox
Westside Current
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hoodline.com
Voice of OC
hoodline.com
hoodline.com
Voice of OC
Irvine Looks to Bridge Great Park, Train Station & Spectrum Center With Housing, Retail
This is a community opinion piece. The views are the author’s, not Voice of OC’s. We’re interested in hearing different perspectives and voices. Want to weigh in on this or another issue? Email opinions@voiceofoc.org. The following is a press release from an organization unaffiliated with Voice of...