Nobody wants Nicolas Cage's 'frat house bordello' mansion
There are so many sad stories these days about regular people losing regular homes for regular reasons. This isn't one of them.
Nicolas Cage's Bel-Air mansion -- its decor described by one Realtor as "frat house bordello" -- went on the auction block Wednesday morning. It came off the block less than a minute later, after not a single soul on the Pomona courthouse steps jumped at its steal-of-a-deal $10.4-million opening price.
Now the lender gets it back. Actually, the lenders. The six outfits that hold the six loans Cage took out in 2005, 2007 and 2008 against the 11,817-square-foot property, which he bought in 1998 for about $7 million and tried to sell in 2007 for $35 million. And only lenders No. 1 and No. 2 have a real shot ...








