March 25, 2023 Breaking News, Latest News, and Videos

Two Industry Titans Invest $30M in Lavish Pacific Palisades and Santa Monica Homes

David Bonderman and Christa Campbell recently acquired two lavish homes

By Dolores Quintana

Private equity tycoon David Bonderman and his partner producer Christa Campbell have purchased two new properties, one of them being a brand new mansion in the Pacific Palisades and another a beach house in Santa Monica from the 1920s as reported by The Dirt.com. The sales actually happened last year, but the information is just coming to light. 

Bonderman is purportedly still married to his wife Laurie Michaels, who is the mother of his five children, and the co-owner of two of his homes. His company TPG Capital, he is chairman as well as founder, is worth $120 billion and he owns the Seattle NHL Kraken team and has a minority stake in Boston’s NBA team the Celtics. He’s worth $6.5 billion according to Forbes. 

Campbell started out as a Playboy model and actress who worked in horror films. She is now a producer who, as a partner with Lati Groberman, founded Campbell Grobman films which have produced such films as “Rambo: Last Blood” and “Texas Chainsaw 3D.”

The pair paid $12.8 million for the 1920s estate in Santa Monica, a home that was owned previously by Douglas Fairbanks, one of the most celebrated stars of the silent era along with his wife Mary Pickford. The home sits on Santa Monica’s celebrated Gold Coast. A month later the couple also paid $17.5 million for a brand-new estate in the Pacific Palisades Rivera which has also been home to luminaries such as Ben Affleck, Adam Levine, Michelle Pfeiffer and Steven Spielberg.  

The former Fairbanks estate has 60 feet of prime Malibu beach access but is on the smaller side from the standpoint of the quarter-acre lot that it stands on. The home has 4,000 square feet of living space spread among two stories with three bedrooms and three and a half baths, hardwood flooring, a fully renovated kitchen with all the modern appliances, a swimming pool, another outdoor kitchen, al fresco dining area, thick hedges, patios, a fire pit with seating and a master bedroom with its own observation deck with the requisite ocean view.

Related Posts

Santa Monica Pet Hotel Hosts Puppy-Friendly St. Patty’s Day Party

March 24, 2023

March 24, 2023

A new pet hotel in Santa Monica recently hosted a St. Patrick’s Day party for local dogs. Check out all...

Santa Monica Mountains Largest Ever Restoration Project Nears Completion After 7,000 Hours of Volunteer Work

March 24, 2023

March 24, 2023

Final planting event will be held Saturday, March 25 at 9 a.m. for the park’s largest ever restoration project After...

California Appeals Court Rules Uber and Lyft Can Classify Drivers as Independent Contractors

March 24, 2023

March 24, 2023

Proposition 22 exempted ride-share companies from certain labor laws, court rules in favor of the companies By Sam Catanzaro ​​A...

Film Review – Operation Fortune: Ruse de Guerre

March 24, 2023

March 24, 2023

FILM REVIEWOPERATION FORTUNE: Ruse de GuerreRated R114 MinutesReleased March 3rd Now that the season of weighty Oscar contender films is...

Santa Monica Uses Innovative Water Recycling Facility to Capture and Store Rainwater

March 23, 2023

March 23, 2023

City’s Sustainable Water Infrastructure Project reducing reliance on imported water and sets a model for future projects Santa Monica has...

Shuttered Santa Monica Loews Hotel to Rebrand and Reopen as a Regent Hotel

March 23, 2023

March 23, 2023

Hotel’s new operator announces plans for $4 million renovation, including rebranding and upgrading accessibility for guests with disabilities By Dolores...

Three Arrested for Identity Theft, Possession of Stolen Property, and Grand Theft in Santa Monica

March 23, 2023

March 23, 2023

Suspects found with over 20 stolen cellphones, credit cards, and identification Three individuals were arrested in Santa Monica for identity...

Proposal for Improved Communication With Street Vendors Sparks Contentious Debate in City Council Meeting

March 23, 2023

March 23, 2023

Councilmembers divided over proposal calling for City Manager to engage in meaningful consultation with authorized vendors regarding sidewalk vending policies...

Former Bank Building in Santa Monica Becomes a Food Destination with Addition of Katsu Bar

March 23, 2023

March 23, 2023

Katsu Bar joins Paderia and Oakberry in the transformation of the 3032 Wilshire building By Dolores Quintana Katsu Bar has...

Survey: Should Officials Remove Barriers to Outdoor Dining?

March 23, 2023

March 23, 2023

The COVID-19 pandemic drastically changed the way we live our lives, and one of the most significant impacts has been...

Gasolina Cafe Owner, Sandra Cordero, to Open New Tapas Bar in Santa Monica

March 23, 2023

March 23, 2023

Tapas bar expected to open late spring in former Heroic Italian space at 516 Santa Monica Boulevard  Sandra Cordero, the...

California’s AB 1217 Could Supersede Costly Outdoor Dining Permits Proposed by Municipalities

March 22, 2023

March 22, 2023

Legislation would preempt local ordinances and preserve regulatory flexibility for struggling neighborhood restaurants By Sam Catanzaro A new bill proposed...

Emerging Artist Jesse Liu Opens First-Ever Exhibition in Venice Gallery

March 22, 2023

March 22, 2023

“Spring Fever” currently on display at Yiwei Gallery By Keemia Zhang Local artist Jesse Liu has opened her first solo...

Santa Monica Place Invites LGBTQIA+ Artisans to Apply for Made With PRIDE Marketplace

March 21, 2023

March 21, 2023

Partnering with Streetlet, the marketplace will take place each weekend in June and showcase local goods made in Southern California....

Santa Monica Councilmember Phil Brock Appointed to National League of Cities Council on Youth, Education, and Families

March 21, 2023

March 21, 2023

Brock to collaborate with group of local leaders to develop and guide programs for communities across the country Santa Monica...