Prince’s Estate Ready to Unload Properties
Prince’s special administrator has filed a request to start releasing various real estate holdings. According to the request, the estate will only accept offers that are at least 90% of the fair market value. Prince is known to have owned real estate in Minnesota, Beverly Hills, and New York, with the Minnesota properties alone being worth $30 million. Looks like Prince’s heirs are wanting to liquidate his assets rather than hold on to them for their sentimental value.
See Prince Everything Must Go . . . Estate Ready to Dump Properties, TMZ, August 1, 2016.
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