real estate

Real Estate price record in Newport Beach

It seems that some Nevadans are moving to California (quite a few people from California move to Vegas). According to the Wall Street Journal, Nick Cage sold his Newport Beach estate for $35 million dollars, setting a new record for Orange County real estate.

The property was bought by Las Vegas business man Jerry "Terrible" Herbst. Mr. Herbst is CEO of Terrible Herbst, Inc. The company owns the local gas station/convenience store chain and the Terrible's casino in Las Vegas.

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