
08/10/2025
In the wake of January’s devastating wildfire that destroyed 340 Malibu homes, a single mystery foreign investor has quietly spent $65 million buying up swaths of burn-scarred oceanfront property.
From the Palisades Fire’s deadly toll to Malibu’s slow rebuild, the story behind these purchases is as complex as the coastline itself. 🌊🔥
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https://lamag.com/news/foreign-investor-buying-up-massive-swaths-of-fire-ravaged-malibu