Megaproducer Ryan Murphy Spends Big for Cliff May-Designed Equestrian Ranch

Hollywood’s $300 million man has been consolidating his real estate holdings over the last couple of years. Last fall, busy showrunner Ryan Murphy (American Horror Story, American Crime Story, Glee, Nip/Tuck, Ratched, 9-1-1) sold his longtime Laguna Beach vacation home for $10.7 million to an obviously wealthy but non-famous couple. And earlier this year, he unloaded his longtime Beverly Hills main residence for $16.3 million, selling to fellow producer David Zander. (For what it’s worth, Zander has already flipped that same 90210 house, off-market, for $16.5 million to hedge fund manager Seth Wunder.)Now Murphy is refocusing his attentions on growing his Brentwood property portfolio. Eight years ago,......