A billion here, a billion there, pretty soon you’re talking about serious money, right? I’m referring to the colossal implosion of the Mountain of Beverly Hills, the 157-acre, $1 billion listing in the 90210 zip code that sold at auction for $100,000 just days ago. You’ll find a brief summary in our August newsletter. Other reads include:

• The Supreme Court hands down a landmark eminent domain ruling.
• Arizona, Nevada, and Mexico agree to draw less water from Lake Mead.
• A Texas Hill Country landowner prevails over Kinder Morgan.

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