Beyonce and Jay Z bought their $88 million Bel Air estate with a little-known mortgage strategy anyone can use — but probably shouldn’t. the bel air property, Beyonc and Jay-Z are currently.
Beyonc and JAY-Z purchased their first L.A. home and now have a huge mortgage to pay. They paid million for the house and landed a $52.8 million-mortgage which will amount to a monthly mortgage payment of $252,075 for 30 years.The two are officially making the move from New York City to Los Angeles and paying big.
Jay-Z and Beyonc land a $52.8-million mortgage for Bel-Air mansion – Jay-Z and Beyonc may be worth more than a billion dollars combined, but the couple ultimately used conventional financing in order to purchase their first Los Angeles-area home.
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What Beyonc and These Billionaires Have in Common: Massive Mortgages Photo by Mark Davis/CBS via Getty Images Entertainers Beyonc and Jay-Z and billionaire hedge-fund executive Ken Griffin have something in common: They are among a small but growing number of ultraluxury home buyers who are borrowing tens of millions of dollars for home purchases.
Jay-Z and Beyonc land a $52.8-million mortgage for Bel-Air mansion The rapper/hip-hop magnate and his superstar wife, through blind trusts, paid $88 million for the sprawling contemporary estate, public records now show.
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After two years of house hunting, Jay-Z and Beyonc have finally found their dream home! A 30,000 square foot Bel Air mansion designed by Irish architect Paul McClean. It only cost the couple a whopping $88 million dollars. (Pocket change!) If it’s a standard 30-year mortgage with 4% interest and a $35.2 million down payment [.]
You think your mortgage is big? Jay-Z and Beyonce have taken out a massive $72m mortgage on a spec house.. with big mortgage on ultra-modern spec house.. and there’s no doubt Jay-Z and.
SHOPPING SUPER MALL Evidence of the impact is seen in a report out this month showing shopping mall vacancies hit an 11-year high in the third quarter. Commercial real estate research firm reis finds regional and super.Weekend Picks: Jan. 27-29 Mortgage Masters Group