Estate Of the Day: Donald Trump To Save Ed McMahon’s Home

August 19, 2008 | Posted by Allison as Estate of the Day at 8:12 am | (3) Comments »

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It looks like Ed McMahon will have a new landlord in town.  Real estate mogul Donald Trump has offered to buy up McMahon’s Beverly Hills home in order to save the 85-year-old from foreclosure.

McMahon suffered a neck injury late last year and is now facing a speedy foreclosure within a week unless he gets some help with that Beverly Hills home of his.  Trump, who watched McMahon growing up, considers it an honor to step in and help the aging television star.

Trump doesn’t plan on giving McMahon anything for free, he is just offering to buy up the home and lease it back to McMahon.  Any way you slice it, it’s rather a sweet move from The Apprentice boss.