Developer Patrice Pastor of Monaco has acquired a hefty portfolio of properties in the tiny village of Carmel, beginning with the purchase of a home in 2015, growing to at
Pastor has bought over a dozen properties in the small town of Carmel-by-the-Sea since 2015. Following reports that locals are terrified of his involvement he says he cannot understand why.
Monaco billionaire Patrice Pastor rushed to assure the residents of Carmel-by-the-Sea, Calif., that he loves the town and wants to protect its history. He was responding to reports that the locals were "terrified" by his real estate shopping spree.
Pastor owns over a dozen properties with one anonymous third-generation Carmel resident telling SFGate people are terrified that they are handing over our town to one person
Billionaire Patrice Pastor, 51, has been buying homes and businesses in the small town of Carmel since 2015 including a £19 million Frank Lloyd Wright house