Orlando Bloom cut the price of his Japanese-inspired Malibu home by $2 million after spending more than $5 million renovating the ocean-facing retreat.
Last week, Orlando Bloom cut the price of his Malibu mansion by 2 million dollars, leaving it at 9.99 million. It’s not a simple gesture of urgency for liquidity: it’s confirmation that the luxury real estate market on the West Coast has entered a correction phase that prime investors need to monitor closely. I’ve analyzed the operation from the perspective of the family office and there are signs that go beyond morbid celebrity. Orlando Bloom’s…