PALM BEACH, Fla., May 27 (UPI) -- A ranch once owned by actor Burt Reynolds is being converted into a housing development.
The 78-year-old star has a long history of financial difficulties, and declared bankruptcy in 1996. He sold the 150-acre ranch to the Palm Beach County school district in 1999, and the district sold the property to developers K. Hovnanian Jupiter LLC in 2013.