Magazine article Variety

Schur Sheds Ocean-View Villa in Santa Monica

Magazine article Variety

Schur Sheds Ocean-View Villa in Santa Monica

Article excerpt

We first heard it from real-estate yenta Yolanda Yakettyyak, and property records confirm, that veteran music and movie executive Jordan Schur sold an ocean-view villa in Santa Monica in an off-market deal for exactly $9 million, impressively above its last published price tag of $8.65 million. Schur, who once served as president of Geffen Records and currently is co-chairman of Suretone Entertainment, purchased the property in the spring of 2003 for $3.8 million. Our research indicates that the 6,800-square-foot residence has been on and off the market many times since early 2009, with asking prices ranging between $6.29 million and $10.5 million.

Marketing materials from earlier this year describe the four bedroom house, which has five full and two half baths, as an a "villa modeled after the Amalfi Coast that invokes antique charm and Italian romanticism. …

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