Wow, quick fall. It wasn't that long ago that flattering stories about Lenny Dykstra the stock picker were everywhere, now the New York Post says he's in danger of losing his home to foreclosure.
Lenny Dykstra, the once high-flying former Met turned entrepreneur and self-described Wall Street whiz, is at risk of losing his $18 million California mansion and private jet, according to documents and associates…
The private-equity firm Index Investors filed foreclosure papers March 11 on Dykstra's sprawling Thousand Oaks estate, which he purchased from hockey legend Wayne Gretzky, records show…
The firm gave Dykstra a $850,000 bridge loan in November to help his struggling The Players Club magazine meet expenses. That loan was secured with his mansion, which has been described as the crown jewel of the exclusive Lake Sherwood Country Club Estates in Southern California, the source said.
But Dykstra allegedly missed making payments, which were supposed to begin in January…
Washington Mutual then filed its own notice of default on his $12 million mortgage on March 18.
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mark of FL 2:02PM April 16, 2009