The son of jailed rap mogul Suge Knight is set to star in his own real estate reality series. VH1 bosses have ordered eight episodes of Love & Listings, in which real estate agent Jacob Knight and his colleagues find their high-profile clients dream homes.
Posts Categorized: real estate
Former reality TV star Phaedra Parks just listed her Atlanta mansion for $10,000 a month rent. Parks purchased the beautiful north Atlanta mansion for $1.9 million late last year.
Carmelo Anthony has millions of dollars invested in a Brooklyn real estate redevelopment. But one local activist is begging him to reconsider his plans.
Thanks to Saptosa Foster, of The 135th Street Agency, for my personal invite to attend last night's Premiere Watch Party in Atlanta for HGTV's "Property Virgins" featuring Egypt Sherrod.
Last night, television and radio personality Egypt Sherrod celebrated the Season 9 premiere of her HGTV show "Property Virgins" with friends and family at Atlanta's plush Atlantic high-rise building in Atlantic Station.
Guests -- which included Bobbcat Films' Roger Bobb, tv producer Shante Paige, Sandye Lomax (Beauty Fetish); Egypt's husband, DJ Fadelf (pictured above with Egypt); the "Property Virgins" production crew Cineflix, and a host of local journalists -- munched on hors d' oeuvres as they watched the popular real estate show.
Updated @ 2:38 p.m.
World Changers Pastor Creflo Dollar was arrested and charged with simple battery, family violence and cruelty to children in Fayette County early Friday.
Dollar was booked into the county jail at 2 a.m., according to Channel 2’s Tom Jones. He was released on $5,000 bond Friday morning.
When police arrived at the Dollar home they found a 15-year-old girl who told them Dollar choked her when she tried to leave the home to attend a party. Creflo and his wife, Taffi, built a custom home in Fayette County in 1996.
According to public records the 7401 square foot mansion is valued at $1.2 million. The Dollars paid $21,367 in property taxes in 2011.
Dollar is the founder and senior pastor of World Changers Church in College Park. The megachurch has over 30,000 members. Dollar made headlines last year when he refused to accept former members of embattled preacher Bishop Eddie Long's church after Long settled a lawsuit with four men who accused him of sexual misconduct.
If you have an extra $17.9 million lying around, you can purchase singer Alicia Keys' New York triplex apartment.
From the NY Post's Page Six:
Alicia Keys and her hip-hop producer husband, Swizz Beatz, are looking to unload their luxury penthouse on Crosby Street for $17.9 million. The duo bought the lavish SoHo condo in 2010 for $14.5 million from Lenny Kravitz. (The rocker had the apartment — which has also played home to Nicole Kidman and Denzel Washington — on the market for eight years before Keys locked in a deal.) The 6,167-square-foot triplex has 3,000 square feet of terrace space, five bedrooms, four baths, four “powder rooms,” a “state-of-the-art windowed gourmet eat-in kitchen” and “formal dining room . . . encased in a glass solarium,” according to a Sotheby’s listing. And a “floating glass staircase” leads to a “private master suite complete with spa.” There’s an “automated entertainment system” and home theater, plus a wine cellar. Pictures posted of the pad reveal portraits of Keys, Sade, Muhammad Ali and Keith Haring art on the walls, and a Ducati motorcycle parked inside. Keys’ rep declined to comment.
See more pics of Keys' upscale apartment after the break.
But yesterdays announcement of a new $25 billion dollar settlement with the banks over fraudulent home foreclosures may result in homeowners losing their homes immediately.
Come on, did you really think President Obama was going to bail out homeowners the way he bailed out the bankers?
According to Bloomberg.com, the new settlement will result in an increase in home seizures that will inflict "short-term pain on delinquent U.S. borrowers while making a long-term housing recovery more likely."
"With yesterday’s agreement," Bloomberg notes, "banks are likely to resume property seizures."
The real estate market is still in a slump, so why would Canadian rapper Drake drop almost $2 mil on luxury condos in Miami? Probably because he believed the real estate broker's pitch that the housing market was hot again, and his 2 investment properties would increase in value.
Now Drake is trying to cut his losses, and he hopes one of you will love him enough to want to
tattoo his name on your forehead take his 2 condos off his hands.
According to TMZ.com:
Drake put the properties up for sale last week -- located right next door to each other in Miami's ritzy Marquis highrise -- listing one for $1.9 million and the other for $599,000. Drake combined the two into one MASSIVE condo, and lived in both simultaneously.
The larger one is a sprawling 3,800 square feet with 3 bedrooms and 3.5 bathrooms. The "smaller" one-bedroom condo is still gigantic ... at 1,675 square feet.
Drake purchased the properties together in January 2011 for a combined price of $1.903 million. So, if Drake gets his asking price ... he'll make $596,000 in profit (even though no one ever gets their asking price).
Gossip website TMZ.com reports that Tiger Woods' ex-wife, Elin Nordegren is building "the same" $12 million mansion that she razed to the ground last week. But the architectural rendering of the new home shows a vastly different house from the old mansion which was one massive 9,000 sq ft structure.
The only similarities in the 2 structures are the roof line and the shape of the building. But that's where all similarities end.
The new home is one main house surrounded by smaller houses on either side of it.
A source told PEOPLE.com the old house was 90 years old, infested with termites, and didn't meet code to withstand hurricanes. Elin likely settled on the old house because it reminded her of the stately white stucco mansions back in her native Sweden.
Elin filed for divorce from Tiger Woods after his minor SUV fender bender in Dec. 2009 revealed his secret double life.
According to TMZ, who obtained the public floor plans that Elin submitted to the Palm Beach County Dept. of Planning, Zoning & Building, the new house boasts:
-- 9 bedrooms
-- 2 large living rooms
-- huge formal dining room
-- 2 kitchens
-- large pool
-- pool cabana with HUGE living room
-- 2 jacuzzis
-- detached guest house with 3 bedrooms
-- 3 guest bungalows
-- wine cellar
-- ginormous master wing with crazy big walk in closet
-- basement that runs the entire length of the house
Eddie Murphy's ex-wife, Nicole Murphy, is a the victim of a suave con artist who walked away with a cool $7 million -- half of Nicole's settlement in her divorce from Murphy. According to published reports, Troy David Stratos, was arrested early Tuesday in Southern California and charged with 11 counts of wire and mail fraud, two counts of money laundering and one count of obstruction of justice.
Stratos, who changed his name from Stafford, is reportedly one of Nicole's old high school boyfriends. That explains why she put so much trust in him.
The indictment claims Stratos persuaded Nicole to invest the proceeds of her big-money divorce overseas, where she would earn a higher rate of return. He also convinced Nicole to put her Granite Bay, CA house up for sale. Stratos told her he had wealthy Middle Eastern royal families who were interested in buying the house.
He talked her into leasing luxury Rolls-Royce and BMW automobiles to make the property look more attractive. Stratos told Nicole, who wasn't named in the indictment, that he would include the cars with the sale of the house as a package deal.
But investigators say there were no Middle Eastern investors, and the con artist never put the house up for sale. Instead, Stratos secretly moved into the house and drove the luxury cars as if they were his.
Thom Mrozek, a spokesman for the U.S. attorney in Los Angeles, said Stratos has agreed to be returned to Sacramento to face the charges. He is currently being held without bond pending a bail hearing scheduled for Wednesday.
Rapper Soulja Boy has more problems to worry about than drug busts and poor album sales. Gossip website TMZ reports that the rapper is about to be evicted from his Buckhead condo near Elton John's old digs.
Soulja's 2011 has included ... lying about buying a private jet, pissing off the military with one of his songs and getting arrested for allegedly carrying weed and a gun in a briefcase.
Now TMZ has learned the rapper, real name DeAndre Way, has not paid his November rent for his Atlanta pad -- a whopping $4,725 -- so he's been served with eviction papers. Soulja has until December 5 to pay up, or risk getting thrown out. Source
Not many people live to be 103 years old. But rather than celebrating her 104th birthday in 3 weeks, Vita Lee worries about staying in her home.
Channel 2 Action News reports that movers hired by Deutch Bank, and sheriff's deputies arrived at the ranch style home yesterday to evict Ms. Lee and her 83-year-old daughter as community activists and Channel 2's Ryan Young gathered outside. But after seeing Ms. Lee in her fragile state, the movers and sheriff's deputies refused to go through with the eviction.
"I saw the sheriffs who came to put them out take off and leave. I gave all glory to God," community activist Michael Langford said.
"This family has been waging a war against Deutch Bank," said community activist Derrick Boezeman.
The eviction action was too much for Ms. Lee's daughter. An ambulance rushed her to Grady hospital as news cameras rolled.
When Ms. Lee was asked if she knew she was being evicted, she said, "No. I knew they didn't know what they was doing. God don't let you do wrong." She added: "You know, the Bible says 'once a man and twice a child'. I'm a child, 104-years-old. Don't put me outdoors at 104."
Young explained that the house and case have been in the court system for years. Ms. Lee and her daughter has shared the home on Penelope Street in Northwest Atlanta for 53 years.
Ms. Lee had one last message for the ruthless bankers: "Please don't come in and disturb me no more," she said. "When I'm gone y'all can come out here and do anything you want to do."
Beyonce and her baby bump were spotted house hunting in Miami Beach with her hubby, Jay Z yesterday. According to INF Photo Daily:
"A pregnant Beyonce Knowles and Jay-Z are seen driving around house shopping in Miami, Florida. Knowles wore a bright yellow flowing muumuu frock and comfortable flat sandals."
Photos: INF PHOTO
Uber stars Will and Jada Pinkett-Smith gave Architectural Digest an exclusive look inside their 25,000 square foot Adobe-styled home. The Smith’s luxury crib was designed by architect Stephen Samuelson, with interiors by Judith Lance. The custom furniture added an additional $250,000 to the cost of the unique private residence.
The federal housing administration (FHA), under an initiative from the White House, will extend the time period when banks can foreclose on homes, according to AJC.com.
This comes as great news for the chronically unemployed whose homes are seized by banks after missing just a few mortgage payments.
Now unemployed homeowners can miss 12 payments instead of 4 before their homes are foreclosed upon.
“The current unemployment forbearance programs have mandatory periods that are inadequate for the majority of unemployed borrowers,” U.S. Housing and Urban Development Secretary Shaun Donovan said.
“Today, 60 percent of the unemployed have been out of work for more than three months and 45 percent have been out of work for more than six. Providing the option for a year of forbearance will give struggling homeowners a substantially greater chance of finding employment before they lose their home,” Donovan said.
All FHA-approved banks must participate, according to a Housing and Urban Development press release.