The co-owner of Irongate Capital Partners, a developer of high-rises and hotels, purchased this Bel Air property for just over $4.5M in 2011. Grosfeld is perhaps best-known for being sued by Donald Trump after Irongate licensed Trump's name to develop a luxury resort in Tijuana. When the project failed, investors sued both Irongate and Trump.
Just prior to purchasing this house, Grosfeld also bought Nicholas Cage's foreclosed Bel Air mansion.
By gordonhigh @ 2012-11-19 19:23:24