Michael Jackson's Neverland Ranch Finally sells to the Sycamore Valley Ranch Company, which is a joint venture between Jackson and a division of Colony Capital.<br />

Los Angeles - Michael Jackson’s Neverland Ranch Finally sells to the Sycamore Valley Ranch Company, which is a joint venture between Jackson and a division of Colony Capital.

Jackson previously got bailed out from Colony Capital by buying a $23.5 million loan for the sake of Neverland Ranch not going up for auction.

MJ (Michael Jackson) Has not spent any time on the ranch since 2005 because of his molestation charges that are said to have happened on the property and since then Jackson slowly gave up his famous fantasy world.

According to TMZ.com, for the bad image that the molestation charges have left Sycamore will be renaming the ranch name to Sycamore Valley Ranch

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This entry was posted on Friday, November 14th, 2008 at 3:53 pm.
Categories: Entertainment.

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