via tmz:
Nic owned two adjacent properties in the hills of Malibu … hundreds of acres total. We’ve learned Nic lost the Malibu properties to the bank Wednesday. They went on the auction block for a minimum bid of $10 million, but there were no takers. The bank now owns both properties outright and will try to unload them through a real estate broker
Read more: http://www.tmz.com/2010/04/08/nic-cage-house-auction-block-malibu-bel-air/#ixzz0kZGj2C6l
pictures after the jump
photo via tmz
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