Donald Trump Buys Ed McMahon Home Let’s Him Live There

Donald Trump will purchase Ed McMahon’s (85) home in Beverly Hills, and lease it to Ed so he has a place to live. Trump said recently:

"When I was at the Wharton School of Business I’d watch him every night. How could this happen?"

Most reports blame Ed’s wife for spending Ed out of a house.

McMahon’s spokesman, Howard Bragman, told The Associated Press that paperwork on the sale had not been completed but that McMahon was "very optimistic" the deal would go through.

McMahon bought the six-bedroom, five-bathroom, 7,000-square-foot house in January 1990. The home was listed at $4.6 million last weekend, down from a peak price of $7 million.

It’s a buyer’s market.

When Ed made his financial problems public, this is the kind of help he was hoping to get.