Donald Trump Buying Ed McMahon’s Mansion
Posted in Donald Trump on August 12th, 2009 by admin – Be the first to commentPosted by Sandy Hutchens

Donald Trump is a publicity whore, no doubt about it. But tonight he has done something remarkable no matter his rationale.
Reports are coming from Ann Brenoff at the LA Times that Donald Trump is buying the McMahon home for an undisclosed sum.
And the really cool part is that McMahon will be allowed to live there after the sale is complete. The iconic sidekick, McMahon was facing foreclosure and eviction in the next couple of weeks if he could not find a buyer for 4.8 million in Beverly Hills.
So tonight I salute you Donald, you have done a great thing.
Trump said he stepped in because helping McMahon “would be an honor.” His plan is to buy the home from the lender and lease it back to McMahon.
“When I was at the Wharton School of Business,” Trump said, “I’d watch him every night. How could this happen?”
The deal with Trump was cemented this past weekend when McMahon’s listing agent, Alex Davis of Hilton & Hyland in Beverly Hills, flew to New York to make a personal appeal to Trump. Davis declined comment.
The six-bedroom, five-bathroom house had been on the market for about two years. At one point, it was listed at more than $7 million but dropped in increments, winding up this weekend at $4.6 million. McMahon purchased the house in 1990 for $2.6 million, according to public records.
