Neverland Ranch, a 2,675 acre property in the hills of Santa Barbara County (near Santa Ynez), was the former residence and private-amusement park of Michael Jackson. Foreclosure proceedings forced the property to be sold, but a private investment company stepped in and bought the loan in May ’08, preventing the ranch from going to auction. . In November the title of the property was tranferred by Jackson to Sycamore Valley Ranch Company LLC, an affiliate of Colony Capital LLC, run by polo patron Tom Barrack.
Tom Barrack plays polo at Santa Barbara Polo Club. His team name is Piocho Ranch.There are more details about Barrack, his company and Neverland Ranch in the articles linked below.