Things were so dire that McMahon’s listing agent flew to New York over the weekend to make a personal appeal to Trump. Ed (85 years old). Donald Trump reportedly has agreed to purchase Ed McMahon’s 7,013-square-foot mansion in the gated Summit neighborhood in the Beverly Hills, Calif. postal area, which has been in foreclosure as it has been on the market most recently for $4,600,000. The Donald made the purchase through a unit of Countrywide Financial. If you recall this home was initially listed @ $7+ million. Ed was in massive $$$ straights. Upon The Donald purchase - ED (the ailing Johnny Crason side kick) and his wife are going ot be allowed toremain in the home. We all knew someone was going to step up and help this once American Icon. The Donald owns $100,000 of millions if not close a billion dollars in real estate holdings. This appears to be a major - "with a little help form from friends." The home is located @ inside the Beverly Hills postal area. McMahon purchased the house in 1990 for $2.6 million, according to public records, but was unable to keep the home out of foreclosure due to major $$$ hardship. Click Here
