BOYNTON BEACH, Fla. (CBS12) — Billionaire Larry Ellison wanted to buy homes for his staff in a gated Boynton Beach community. But his realtor says the homeowners association tried to stop the purchases.
Ellison, co-founder of software giant Oracle, bought an oceanfront estate in nearby Manalapan for $173 million in 2022.
While some sales were pending, the association adopted a five-home ownership limit, realtor Kimmie Cruz said. Attorneys became involved, and all eight purchases ultimately closed, totaling nearly $10 million in 2023…