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Real Estate Rumors: Larry Ellison, Citadel, Pearlmark

By Andrew McIntyre (September 14, 2015, 5:35 PM EDT) -- Oracle Corp. co-founder Larry Ellison has purchased an 86-room trophy hotel in Palo Alto for $71.6 million, Silicon Valley Business Journal reported on Monday, citing sources and public records. Ellison has purchased, through a limited liability company, the Epiphany Hotel, and the $832,500-per-room price may be the most ever paid for a hotel in the area, outside of San Francisco, according to the journal....

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