1 West Star Island, LLC

Florida LLC. 2025 annual report lists managers Margaret Stephens and Tarik Brooks at 9255 Sunset Blvd 2nd Floor, West Hollywood -- Combs Enterprises' known office address. Held the 1 Star Island, Miami Beach property Combs bought from Gloria and Emilio Estefan for $35M in 2021. Buyer John Franklin sued after the LLC missed a May 12, 2026 closing date on an agreed sale; the sale closed anyway July 14, 2026, to Franklin's own JFStar LLC for $55M, financed in part by an $18.5M Axos Bank mortgage -- roughly a $20M paper profit for Combs. Confirmed directly 2026-09-16; the sale researched 2026-09-17 (TMZ, The Real Deal, Complex). The LLC itself is still his; the property is not.