Victorino Noval and the Mountain of Beverly Hills (Credit: Getty Images and Redfin) The owner of The Mountain of Beverly Hills mega-listing has filed for bankruptcy protection, The Real Deal has learned. The Chapter 11 proceeding marks the giant bubble bursting on the 157-acre spread of undeveloped land, listed last July for a record-breaking $1 […]
The Mountain of Beverly Hills — once marketed at $1B — risks foreclosure by end of month
Tower Park Properties’ Victorino Noval and the Mountain of Beverly Hills (Credit: Getty Images) The long and complicated road to sell The Mountain of Beverly Hills has taken another sharp turn. After a splashy entrance last summer, when the massive property was marketed for a whopping $1 billion, it was chopped down to $650 million earlier […]