Arte Moreno has stopped living in hotels in SoCal and has dropped $12 Million+ on a Corona Del Mar mansion on the harbor.
A close friend of Arte's made it clear to me that our fearless leader was waiting until the City of Anaheim lawsuit was dead and gone before making this move. So what Arte lost in the lawsuit he made up for in housing prices eroding during the recession. Talk about win-win...
Tour Arte's PAD while the Real Estate Listing is still up.
By the way - it is on a private, gated street.