News

Report: Birdman Forced To Give Up Keys To Miami Mansion

By HHL JT
pixel_start

Last month,  we learned that Birdman is defaulting on the $12.5 million loan he took out against the $14.5 million Miami mansion he bought in 2012.

EMG Transfer Agent, who currently holds the loan, filed a foreclosure lawsuit against Birdman to recover the property.

It looks like that's been recognized. According to The Blast, Baby was ordered to immediately surrender possession of all keys and security system access to his 7-bed 11-bath 20,000 sq ft compound.

Next, a court-appointed executor will take control of the residence and all of its contracts, leases, rental agreements, fixtures, furniture, and equipment. 

Nobody can sell the property until the foreclosure lawsuit is resolved, but the executor will be able to rent or lease it.

So if Rick Ross is still looking for a new Miami pad ...

pixel_end
Posted In: News Birdman

Discuss

News The Game Disses J. Cole, Says Today's Rap Beefs Are 'Watered Down' The Game Disses J. Cole, Says Today's Rap Beefs Are 'Watered Down' / News News Ice Spice's Former Best Friend Calls Out Drake For being a Predator Ice Spice's Former Best Friend Calls Out Drake For being a Predator / News News YMW Melly Responds To Kendrick Lamar Mentioning Him In Drake Diss YMW Melly Responds To Kendrick Lamar Mentioning Him In Drake Diss / News News 50 Cent Comments On Chris Brown Possibly Buying The Seats At Quavo's Empty Show 50 Cent Comments On Chris Brown Possibly Buying The Seats At Quavo's Empty Show / News News Suge Knight Takes Issue With How Kendrick Lamar is Classifying Drake Suge Knight Takes Issue With How Kendrick Lamar is Classifying Drake / News News Al Green Reacts To Being Sampled On Kendrick Lamar's Drake Diss "6:16 In LA" Al Green Reacts To Being Sampled On Kendrick Lamar's Drake Diss "6:16 In LA" / News