Adele took out a $37.7 million mortgage to raise the money. beverly hills real estate The Post confirms that she bought it from Sylvester Stallone for $58 million.
Deeds obtained by The Post show that the “Easy on Me” singer received a hefty loan from City National Bank on Jan. 10, 2022.
Adele, 34, is currently paying off the loan in the standard 30 years.
“The borrower has committed to make regular payments on this debt and pay it in full no later than March 1, 2052,” the deed states.
But the “Rolling in the Deep” songstress will probably pay off just fine, even if she postpones her Las Vegas residency at the Colosseum at Caesars Palace. Renewal in November As planned.
Adele is expected to make over $1 million per show, and the residency is expected to last three months. That means she’ll make at least her $48 million in that short amount of time.
The Post reached out to Adele’s rep for comment.
Meanwhile, in May, he won 15 Grammy Awards. Instagram post Her boyfriend of several years, Rich Paul, moved into the house with her.
The previous owner, 76-year-old Stallone, purchased the land for $2.35 million in 1994 and built the property from scratch, property records show.
The 3.5-acre Italian Riviera-style mansion, which Stallone called “the house that ‘Rocky’ built,” is located in a specially guarded enclave in North Beverly Park.
The 8-bedroom, 11-bathroom home spans over 18,500 square feet. Designed by Richard Landry, the Italian-style villas are well-equipped with a screening room, gym, cigar room, custom bar and much more. There is also an infinity pool, spa, 8-car garage and an art studio.
The house also boasts panoramic views of the city and canyon. Other features include a two-story foyer, motor his court, family room, office, and formal living and dining room. Also attached is his two-story, two-bedroom guest house with a fully equipped kitchen.
The main ensuite bedroom has a dual bath, sauna, steam room and office with terrace.
The property is just one of many in the area that Adele has purchased in recent years. Before purchasing this expensive property, she also invested in three of her other homes. Valued at over $30 millionalso in the Beverly Hills area.
daily mail First, I filed a debt report.
Meanwhile, according to a press release, the diva’s revived Sin City residency kicked off Nov. 18, adding eight new shows to its lineup of 24 rescheduled performances.
“Words cannot describe how ecstatic I am to finally be able to announce these rescheduled shows. person fuss on instagram“But after forever feeling like I’ve got the logistics of a show that I really want to deliver, I’m more excited than ever to know that it could come to fruition!”