Newport Beach, Calif.-based Belwood Investments is set to close on an oceanfront Malibu property, near Los Angeles, designed by legendary Japanese architect Tadao Ando. Of 24844 Malibu Road, original owner Richard Sachs, an art collector and financier, said: “This is like a Picasso, a cubist painting, very important and very rare.” With four bedrooms and five baths, the architectural cast-in-place…
Read MoreInvestor shores up Tadao Ando landmark along Pacific Coast
