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…real estate news about women who date rich and powerful men, Manuela Herzer, the much younger and former female companion of troubled Tinesltown tycoon Sumner Redstone, has purchased the Mulholland Drive compound of Lance Bass, the bug eyed ex-boy bander turned every one’s favorite Hollywood homosexual. We tease. Like everyone else, we like Miss Bass.

Property records reveal that Miz Herzer paid $3,850,000 for the hill top estate that includes a total of 5 bedrooms and 8 bathrooms, two swimming pools, a guest house and spectacular views of both the San Fernando Valley and the glittery lights of Tinseltown. Unless the records are wrong, poor Lance Bass took a bit of a financial bath on this sale since the purchase price is slightly less than the $3,880,000 records show he paid for the place back in October of 2003.

Mister Bass had been living in New York City recently, but to be honest, we’re not actually sure of his real estate wherabouts at this point.

Unfortunately, Your Mama knows next to nothing about Miz Herzner. She’s reported to be several decades younger than Mister Redstone–who apparently likes his ladee friends young enough to be his daughter–and in late 2008, amidst his seemingly amicable deevorce from the also much younger Paula Fortunato, Mister Redstone was twice spotted dining about town with Miz Herzer sparking rumors that there might be a reconciliation between the former lovebirds.

According to both Our Fairy Godmother in Beverly Hills and proven with property records, in November of 2008 the recently kicked to the curb Miz Fortunato forked over $4,150,000 of her settlement money to buy a 5 bedroom and 9 bathroom house on Liebe Drive in Beverly Hills. Not bad for a gal who was a modestly paid 40-year old New York City school teacher before hooking up with her octogenarian ex-huzband in 2003.

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