Just a few months after listing his oceanfront Malibu residence, billionaire investor Howard Marks is offering a pair of neighboring vacation villas on Mallorca’s coveted Formentor peninsula. The Oaktree Capital Management cofounder and his wife, Nancy, have owned La Posada and Sa Punta for more than a decade, using the adjoining properties as holiday retreats.
Located near the recently reopened Four Seasons Resort Mallorca at Formentor, the two homes are being offered…

