MIAMI/AFP Former England football great David Beckham has taken a key step towards his goal of launching a Major League Soccer franchise by buying land for a stadium in Miami, one of his partners said. Beckham’s group of investors acquired land in the Overtown neighborhood northwest of downtown in the Florida city. “Big News: We’ve closed on our #Miami stadium …

Bloomberg Almost a year ago, in May 2015, Michael Jackson’s former Neverland Ranch hit the market. The 12,598-square-foot French Normandy-style home sits on 2,698 acres in the Santa Ynez Valley, northeast of Los Angeles. It has six-bedrooms, a four-acre lake with waterfall, an outdoor barbecue, a pool house, three guest houses, a tennis court, and a 5,500-square-foot movie theater and …

Bloomberg NorthStar Realty Europe Corp. has hired advisers to offer about $1 billion of properties for sale as the New York-based company focuses on fewer countries, according to a person with knowledge of the matter. The real estate investment trust, managed by an affiliate of NorthStar Asset Management Group Inc., will sell all of its assets outside the U.K., France …