The Real Deal New York

Colony Capital CEO looks for $22M return on LA pad

Trump adviser wants $46.5M for the property

August 09, 2016 03:00PM

Thomas Barrack Jr. and his Santa Monica home at 1525 San Vicente Boulevard

Thomas Barrack Jr. and his Santa Monica home at 1525 San Vicente Boulevard

From the Los Angeles website: Donald Trump’s newest economic advisor sure knows how to shoot for the stars when it comes to return on his own investments.

Thomas Barrack Jr., the CEO of Colony Capital and an appointee to Trump’s economics policy team, has listed his sprawling, neoclassical mansion in Santa Monica for $46.5 million — nearly twice the $24.5 million he paid just two years ago.[more]

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